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SAM MANAGEMENT

Active
Private limited companyfounded 20224 yrs activeDoefberg 42, 4880 Aubel, BelgiumKBO/BCE: BE 0788.836.167
Summary

SAM MANAGEMENT has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €123,615 and a net result of €53,833. Equity is growing by ~69.4% per year across the filed fiscal years. Its solvency ranks better than 53% of 37969 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability100=
Solvency86▼-12
Growth78=
Track record94
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity ample (current ratio 3.24 against 3.66 in 2023; short-term debt: 24.3% and cash: 9.6% of total assets), and 39.3% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-07-2025, 15 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
15 d early
2023
19 d early
2022
33 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 22 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 25 July 2022, SAM MANAGEMENT was incorporated as a Private limited company.1 Total assets went from EUR 56,991 in 2022 to EUR 203,796 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€123,615▲ 77.1%
2023 · €69,783
Total assets
€203,796▲ 112%
2023 · €96,018
Net result
€53,833▲ 25.3%
2023 · €42,960
Working capital
€110,855▲ 59.0%
2023 · €69,698
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202220232024
Operating result€31,370-€59,026▲ 88.2%€66,101▲ 12.0%
Net result€23,823within the sector's middle half-€42,960within the sector's middle half▲ 80.3%€53,833within the sector's middle half▲ 25.3%
Equity€26,823below the sector's middle half-€69,783within the sector's middle half▲ 160%€123,615within the sector's middle half▲ 77.1%
Total assets€56,991below the sector's middle half-€96,018within the sector's middle half▲ 68.5%€203,796within the sector's middle half▲ 112%
Debt€30,168-€26,235▼ 13.0%€80,181▲ 206%
Working capital€26,739within the sector's middle half-€69,698within the sector's middle half▲ 161%€110,855within the sector's middle half▲ 59.0%
Solvency47.1%within the sector's middle half-72.7%within the sector's middle half▲ 25.6pp60.7%within the sector's middle half▼ 12.0pp
Current ratio1.89within the sector's middle half-3.66within the sector's middle half▲ 1.773.24within the sector's middle half▼ 0.41
Return on assets (ROA)41.8%above the sector's middle half-44.7%above the sector's middle half▲ 2.9pp26.4%within the sector's middle half▼ 18.3pp
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000Operating result 2022: €31,370€31,370Net result 2022: €23,823€23,823Operating result 2023: €59,026€59,026Net result 2023: €42,960€42,960Operating result 2024: €66,101€66,101Net result 2024: €53,833€53,833202220232024€0€20,000€40,000€60,000Operating result 2022: €31,370€31,400Net result 2022: €23,823€23,800Operating result 2023: €59,026€59,000Net result 2023: €42,960€43,000Operating result 2024: €66,101€66,100Net result 2024: €53,833€53,800202220232024
The operating result has risen two years in a row; 2024 is 12% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €203,796
Fixed assets €43,506 ▲ 51,546%
Current assets €160,290 ▲ 67.1%
Equity and liabilities €203,796
Equity €123,615 ▲ 77.1%
Debt €80,181 ▲ 206%
Debt's share of the balance-sheet total rises from 27.3% to 39.3%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€68,248
Cash flow
€55,981
Debt to equity
0.65▲
2023 · 0.38
ROE
43.5%▼
2023 · 61.6%
Interest coverage
28.40
Debt ≤ 1 year
€49,435▲
2023 · €26,235
Debt > 1 year
€29,804
Income taxes
€14,597▲
2023 · €13,694
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,276 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 47 lines
Balance sheet Code20232024
Assets
Total assets20/58€96,018€203,796▲
Fixed assets21/28€84€43,506▲
Tangible fixed assets22/27-€43,422
Furniture and vehicles24-€43,422
Financial fixed assets28€84€84=
Current assets29/58€95,934€160,290▲
Amounts receivable after more than one year29-€0
Other amounts receivable291-€0
Amounts receivable within one year40/41€59,236€134,392▲
Trade receivables40€18,150€19,312▲
Other amounts receivable41€41,086€115,080▲
Cash at bank and in hand54/58€35,123€19,633▼
Deferred charges and accrued income490/1€1,575€6,265▲
Equity and liabilities
Total equity and liabilities10/49€96,018€203,796▲
Equity10/15€69,783€123,615▲
Contributions10/11€3,000€3,000=
Reserves13€66,700€120,600▲
Distributable reserves133€66,700€120,600▲
Profit (loss) carried forward14€83€15▼
Amounts payable17/49€26,235€80,181▲
Amounts payable after more than one year17-€29,804
Financial debts170/4-€29,804
Other amounts payable178/9-€0
Amounts payable within one year42/48€26,235€49,435▲
Current portion of amounts payable after more than one year42-€9,831
Trade debts44€1,059€3,892▲
Suppliers440/4€1,059€3,892▲
Taxes, remuneration and social security45€25,177€35,713▲
Taxes450/3€25,177€35,713▲
Other amounts payable47/48-€0
Accrued charges and deferred income492/3-€941
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€2,148
Other operating charges640/8€5,499€1,712▼
Gross operating margin9900€64,526€69,961▲
Operating profit (loss)9901€59,026€66,101▲
Financial income75/76B€1,086€4,732▲
Recurring financial income75€1,086€4,732▲
Financial charges65/66B€3,458€2,403▼
Recurring financial charges65€3,458€2,403▼
Profit (loss) for the period before taxes9903€56,654€68,430▲
Income taxes67/77€13,694€14,597▲
Profit (loss) for the period9904€42,960€53,833▲
Profit (loss) for the period to be appropriated9905€42,960€53,833▲
Appropriation of the result
Profit (loss) to be appropriated9906€42,983€53,915▲
Profit (loss) brought forward from the previous period14P€23€83▲
Transfer to equity691/2€42,900€53,900▲
To other reserves6921€42,900€53,900▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€2,148-
Other operating charges640/8€818€5,499€1,712▼ 68.9%
Gross operating margin9900€32,188€64,526€69,961▲ 8.4%
Operating profit (loss)9901€31,370€59,026€66,101▲ 12.0%
Financial income75/76B€0€1,086€4,732▲ 336%
Recurring financial income75€0€1,086€4,732▲ 336%
Financial charges65/66B€651€3,458€2,403▼ 30.5%
Recurring financial charges65€651€3,458€2,403▼ 30.5%
Profit (loss) for the period before taxes9903€30,719€56,654€68,430▲ 20.8%
Income taxes67/77€6,895€13,694€14,597▲ 6.6%
Profit (loss) for the period9904€23,823€42,960€53,833▲ 25.3%
Profit (loss) for the period to be appropriated9905€23,823€42,960€53,833▲ 25.3%
Line202220232024Change
Assets
Total assets20/58€56,991€96,018€203,796▲ 112%
Fixed assets21/28€84€84€43,506▲ 51,546%
Tangible fixed assets22/27--€43,422-
Furniture and vehicles24--€43,422-
Financial fixed assets28€84€84€84=
Current assets29/58€56,907€95,934€160,290▲ 67.1%
Amounts receivable after more than one year29--€0-
Other amounts receivable291--€0-
Amounts receivable within one year40/41€18,575€59,236€134,392▲ 127%
Trade receivables40€18,575€18,150€19,312▲ 6.4%
Other amounts receivable41€0€41,086€115,080▲ 180%
Cash at bank and in hand54/58€31,749€35,123€19,633▼ 44.1%
Deferred charges and accrued income490/1€6,583€1,575€6,265▲ 298%
Equity and liabilities
Total equity and liabilities10/49€56,991€96,018€203,796▲ 112%
Equity10/15€26,823€69,783€123,615▲ 77.1%
Contributions10/11€3,000€3,000€3,000=
Reserves13€23,800€66,700€120,600▲ 80.8%
Distributable reserves133€23,800€66,700€120,600▲ 80.8%
Profit (loss) carried forward14€23€83€15▼ 81.3%
Amounts payable17/49€30,168€26,235€80,181▲ 206%
Amounts payable after more than one year17--€29,804-
Financial debts170/4--€29,804-
Other amounts payable178/9--€0-
Amounts payable within one year42/48€30,168€26,235€49,435▲ 88.4%
Current portion of amounts payable after more than one year42--€9,831-
Trade debts44€5,776€1,059€3,892▲ 268%
Suppliers440/4€5,776€1,059€3,892▲ 268%
Taxes, remuneration and social security45€19,964€25,177€35,713▲ 41.8%
Taxes450/3€19,964€25,177€35,713▲ 41.8%
Other amounts payable47/48€4,428-€0-
Accrued charges and deferred income492/3--€941-
Line202220232024Change
Profit (loss) for the period9904€23,823€42,960€53,833▲ 25.3%
+ Depreciation and write-downs630--€2,148-
Operating cash flow (approximation)€23,823€42,960€55,981▲ 30.3%
Investment in fixed assets (approximation)-€0-€45,570-
Change in cash-€3,374-€15,491▼ 559%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
16-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2022net €53,833 ▲25.3%
Operating result €66,101, net result €53,833, both a record.
31-12
Financial Equity above €100,000Eq €123,615 ▲77.1%
3 profitable years in a row build equity to €123,615.
12-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
28-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Aubel · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
1,872 m²
Building footprint
174 m²
Volume, LiDAR
1,234 m³
Parcel 63003C0389/00B000, Wallonia · tallest building 9.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SAM MANAGEMENT
Doefberg 42, 4880 AubelBusiness consulting
since 20222.333.860.976
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63003C0389/00B000 Wallonia 1,872 m² 1 · 174 m² 9.3 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 82,642 companies in sector 70200 we hold annual accounts for 52,626. 40,871 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded25-07-2022
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Contact
E-mail anne.stassen@neobulles.be
Phone 0497369827
E-invoicing
Reachable via Peppol
Peppol ID 0208:0788836167
Also 9925:BE0788836167
Registered 13-10-2025

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.