Sam Seraph Projects & Consulting
Open bankruptcyA bankruptcy procedure is open for Sam Seraph Projects & Consulting according to publications in the Belgian State Gazette; curator: PIETER HUYGHE. The file additionally contains 1 interim measure. The 2024 annual accounts show equity of €34k and a net result of €3k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 20786 sector peers (2024).
NBB · sector comparisonPosition among 20786 sector peers
Solvency
better than 22%
← weakest
strongest →
Financials · fiscal year 2024, micro schema
Equity
€34k▲ 8.3%
2023 · €32k
2022: €50k
2023: €32k
2022 → 2024
Total assets
€122k▲ 7.4%
2023 · €113k
2022: €86k
2023: €113k
2022 → 2024
Net result
€3k
2023 · €-19k
2022: €47k
2023: €-19k
2022 → 2024
Working capital
€6k▲ 56.8%
2023 · €4k
2022: €47k
2023: €4k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€50k-€32k▼ 37.0%€34k▲ 8.3%
Operating result€61k-€-17k€6k
Net result€47k-€-19k€3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €6k after a loss of €17k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €122k
Fixed assets
€64k▼ 21.4%
Current assets
€58k▲ 80.6%
Equity and liabilities €122k
Equity
€34k▲ 8.3%
Debt
€87k▲ 7.1%
The debt ratio falls from 72.1% to 71.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€24k▲
2023 · €-13k
Cash flow
€20k▲
2023 · €-14k
Solvency
28.1%▲
2023 · 27.9%
Current ratio
1.13▼
2023 · 1.15
Quick ratio
1.13▼
2023 · 1.15
Debt / equity
2.56▼
2023 · 2.59
ROE
7.6%▲
2023 · -58.6%
ROA
2.1%▲
2023 · -16.3%
Interest coverage
6.96▲
2023 · -19.88
Debt
€87k▲
2023 · €82k
Debt ≤ 1 year
€51k▲
2023 · €28k
Debt > 1 year
€36k▼
2023 · €54k
Income taxes
€260▼
2023 · €551
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€113k€122k▲
Fixed assets21/28€81k€64k▼
Tangible fixed assets22/27€81k€64k▼
Furniture and vehicles24€81k€64k▼
Current assets29/58€32k€58k▲
Amounts receivable within one year40/41€17k€57k▲
Trade receivables40€17k€56k▲
Other amounts receivable41€58€63▲
Cash at bank and in hand54/58€15k€1k▼
Equity and liabilities
Total equity and liabilities10/49€113k€122k▲
Equity10/15€32k€34k▲
Contributions10/11€4k€4k=
Reserves13€28k€31k▲
Distributable reserves133€28k€31k▲
Amounts payable17/49€82k€87k▲
Amounts payable after more than one year17€54k€36k▼
Financial debts170/4€54k€36k▼
Amounts payable within one year42/48€28k€51k▲
Current portion of amounts payable after more than one year42€17k€18k▲
Trade debts44€641€15k▲
Suppliers440/4€641€15k▲
Taxes, remuneration and social security45€5k€16k▲
Taxes450/3€5k€16k▲
Other amounts payable47/48€5k€3k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€18k▲
Other operating charges640/8€1k€985▼
Gross operating margin9900€-12k€25k▲
Operating profit (loss)9901€-17k€6k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€652€3k▲
Recurring financial charges65€652€3k▲
Profit (loss) for the period before taxes9903€-18k€3k▲
Income taxes67/77€551€260▼
Profit (loss) for the period9904€-19k€3k▲
Profit (loss) for the period to be appropriated9905€-19k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-19k€3k▲
Transfer from equity791/2€19k€0▼
Transfer to equity691/2-€3k
To other reserves6921-€3k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
02-03
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · SAM SERAPH PROJECTS & CONSULTING BV HEERWEG-ZUID 186, 9052 ZWIJNAARDE · event 24-02-2026
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 275 days late
19-01
Interim measure
Provisional administrator
Ondernemingsrechtbank Gent
2024
30-09
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Weakest financial yearnet €-19k ▼139%
Net result drops to €-19k, the lowest in the series.
18-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 18 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Gent · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Heerweg-Zuid 186-3019052 GentGround area
5,702 m²
Building footprint
567 m²
Parcel 44082C0373/00D000, Flanders. Linked by address, not a title deed.
1 establishment unit
Sam Seraph Projects & Consulting
since 20212.321.190.303
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44082C0373/00D000 | Flanders | 5,701 m² | 1 · 567 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PIETER HUYGHE SAVAANSTRAAT 72, 9000 GENT- |
24-02-2026 → present |
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Of 29,992 companies in sector 62200 we hold annual accounts for 18,386. 14,608 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-09-2021
Fiscal year end30-09
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
62010Computer programming, consultancy and related activities
62900Other information technology and computer services
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
70200Business and other management consultancy
70220Business consulting
73200Market research and public opinion polling
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.