SAM PROJECT
ActiveSummary
The computed 12-month bankruptcy probability of SAM PROJECT is 9.8% (elevated). The annual accounts of SAM PROJECT for financial year 2024 show a net loss of 57% of total assets. The 2024 annual accounts show equity of €312 and a net result of -€5,557. Its solvency ranks better than 29% of 18,734 sector peers (NACE 56, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 13 October 2026.
2023 to 2024, 2 financial years
The operating result stays negative: a loss of €5,345 in 2024 against €4,116 in 2023; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.
Peer companies
Historical observationOf the 757 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 86.8% are still going.
- Micro
- 2 to 5 years old
- solvency under 10%
- a loss of 10% of the balance sheet or more
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 9.8% 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 497,468 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 757 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.
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | - | €4,096 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €82 | - |
| Other operating charges640/8 | - | €938 | - |
| Gross operating margin9900 | -€4,116 | -€229 | ▲ 94.4% |
| Operating profit (loss)9901 | -€4,116 | -€5,345 | ▼ 29.8% |
| Financial income75/76B | - | €7 | - |
| Recurring financial income75 | - | €7 | - |
| Financial charges65/66B | €15 | €68 | ▲ 356% |
| Recurring financial charges65 | €15 | €68 | ▲ 356% |
| Profit (loss) for the period before taxes9903 | -€4,131 | -€5,407 | ▼ 30.9% |
| Income taxes67/77 | - | €150 | - |
| Profit (loss) for the period9904 | -€4,131 | -€5,557 | ▼ 34.5% |
| Profit (loss) for the period to be appropriated9905 | -€4,131 | -€5,557 | ▼ 34.5% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €4,401 | €9,721 | ▲ 121% |
| Fixed assets21/28 | - | €1,546 | - |
| Tangible fixed assets22/27 | - | €1,446 | - |
| Plant, machinery and equipment23 | - | €1,446 | - |
| Financial fixed assets28 | - | €100 | - |
| Current assets29/58 | €4,401 | €8,175 | ▲ 85.8% |
| Cash at bank and in hand54/58 | €4,401 | €8,175 | ▲ 85.8% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €4,401 | €9,721 | ▲ 121% |
| Equity10/15 | -€1,631 | €312 | - |
| Contributions10/11 | €2,500 | €10,000 | ▲ 300% |
| Profit (loss) carried forward14 | -€4,131 | -€9,688 | ▼ 135% |
| Amounts payable17/49 | €6,032 | €9,409 | ▲ 56.0% |
| Amounts payable within one year42/48 | €4,282 | €7,909 | ▲ 84.7% |
| Trade debts44 | €3,412 | €2,828 | ▼ 17.1% |
| Suppliers440/4 | €3,412 | €2,828 | ▼ 17.1% |
| Taxes, remuneration and social security45 | €572 | €4,851 | ▲ 748% |
| Taxes450/3 | €572 | €1,207 | ▲ 111% |
| Remuneration and social security454/9 | - | €3,644 | - |
| Other amounts payable47/48 | €298 | €230 | ▼ 22.9% |
| Accrued charges and deferred income492/3 | €1,750 | €1,500 | ▼ 14.3% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€4,131 | -€5,557 | ▼ 34.5% |
| + Depreciation and write-downs630 | - | €82 | - |
| Operating cash flow (approximation) | -€4,131 | -€5,475 | ▼ 32.5% |
| Change in cash | - | €3,774 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 30-09-2025 | 2025-00523546 |
| 31-12-2023 | micro format | 12-11-2024 | 2024-00600233 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.