SAM IMMO
ActiveSummary
SAM IMMO has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€44,550) and a net result of €906. The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 18-09-2023 Normal situation
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.352.775.976 7830 Silly, since 18-09-2023
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.4%
- Gross margin
- €22,573
- ▲ 16.8%
- Turnover
- ≈ €170,000
- estimated
- Profit
- €906
- Equity
- -€44,550
- ▲ 2.0%
- Total assets
- €393,360
- ▼ 2.9%
- Negative equity on 31-12-2025
Score breakdownraises riskCapped at 59: negative equityFounded in 2023Negative equity -€44,550lowers riskSize: total assets €393,360No main activity registeredShow the evidence
Checked score
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro). It does better than 12% of them on solvency, 13% on liquidity, 29% on profitability and 54% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 2 accounts on average 30 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 22-06-2026 at the NBB all 2 filings
Every figure per financial year
The operating result for 2025 is a profit of €10,931, after a loss of €62,502 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €472,762 | - |
| Depreciation and write-downs of the year | €75,744 | €11,642 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €75,744 | €11,642 | ▼ 84.6% |
| Other operating charges640/8 | €6,092 | - | - |
| Gross operating margin9900 | €19,333 | €22,573 | ▲ 16.8% |
| Operating profit (loss)9901 | -€62,502 | €10,931 | - |
| Financial charges65/66B | €12,953 | €10,025 | ▼ 22.6% |
| Recurring financial charges65 | €12,953 | €10,025 | ▼ 22.6% |
| Profit (loss) for the period before taxes9903 | -€75,455 | €906 | - |
| Profit (loss) for the period9904 | -€75,455 | €906 | - |
| Profit (loss) for the period to be appropriated9905 | -€75,455 | €906 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €405,253 | €393,360 | ▼ 2.9% |
| Fixed assets21/28 | €397,018 | €385,376 | ▼ 2.9% |
| Tangible fixed assets22/27 | €397,018 | €385,376 | ▼ 2.9% |
| Land and buildings22 | €397,018 | €385,376 | ▼ 2.9% |
| Current assets29/58 | €8,235 | €7,984 | ▼ 3.0% |
| Cash at bank and in hand54/58 | €8,235 | €7,984 | ▼ 3.0% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €405,253 | €393,360 | ▼ 2.9% |
| Equity10/15 | -€45,455 | -€44,550 | ▲ 2.0% |
| Contributions10/11 | €30,000 | €30,000 | = |
| Profit (loss) carried forward14 | -€75,455 | -€74,550 | ▲ 1.2% |
| Amounts payable17/49 | €450,708 | €437,910 | ▼ 2.8% |
| Amounts payable after more than one year17 | €222,944 | €209,593 | ▼ 6.0% |
| Financial debts170/4 | €222,944 | €209,593 | ▼ 6.0% |
| Amounts payable within one year42/48 | €225,855 | €226,410 | ▲ 0.2% |
| Current portion of amounts payable after more than one year42 | €12,797 | €13,351 | ▲ 4.3% |
| Other amounts payable47/48 | €213,059 | €213,059 | = |
| Accrued charges and deferred income492/3 | €1,909 | €1,907 | ▼ 0.1% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€75,455 | €906 | - |
| + Depreciation and write-downs630 | €75,744 | €11,642 | ▼ 84.6% |
| Operating cash flow (approximation) | €288 | €12,548 | ▲ 44× |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | -€251 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 516 companies had the same profile as SAM IMMO has now. Two years later, 91.9% were still going and 4.5% had gone bankrupt.
- Micro
- 2 to 5 years old
- negative equity
- a profit under 5% of the balance sheet
Another 1.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SAM IMMO itself is lower: 0.4% within 12 months. It rests on far more data about SAM IMMO than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 516 companies, not a prediction for SAM IMMO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Owners and capital
Shareholders
- MESSINA Salvatore Aldo founder
- MESSINA Laura Giovanna Jeannine founder
Capital transactions
- 20-09-2023 Incorporation · €30,000 · 100 shares
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié cédant,moitié acquéreurs proportionnellement si plusieurs, mêmes formalités si non actionnaires de plein droit”“Moitie cedant moitie acquereurs proportionnellement, prix notification initiale”
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 20-09-2023 (in French)
Network & group
Connections & network
1 connected companyThe connected companies are in the list below.
Timeline
Acts, filings and financial milestones
20-09
Gazette deed
IncorporationStarting capital €30,000 · Appointment: MESSINA Salvatore Aldo (director) · Founder13 points ▸
- Incorporation, “SAM IMMO” (deed in French)
- Founder, MESSINA Salvatore Aldo
- Founder, MESSINA Laura Giovanna Jeannine
- Founding capital, €30,000
- Other provision, “plan financier, capitaux propres de départ justifiés” (deed in French)
- Other provision, “avertissement responsabilité fondateur, faillite dans les trois ans de la constitution” (deed in French)
- Bank account, “compte spécial”, 30000 (deed in French)
- Power of attorney, Laurent SNYERS (notaire instrumentant)
- Other provision, “dispositions finales et/ou transitoires, comparants à l'unanimité” (deed in French)
- Registered office clause, “7830 Silly,Place Communale,9” (deed in French)
- Board rule, 1
- Director appointment, MESSINA Salvatore Aldo (director (not named in the articles))
- The act holds 1 more point.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 55039C0593/00C000 | Wallonia | 772 m² | 1 · 198 m² | 14.1 m · 4 |