SAMA
ActiveSummary
SAMA has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1,376 and a net result of €30,417. Equity is growing by about 51% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.2% (very low).
Financials · financial year 2025, full format
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€30,417▲ 1.4%
2024 · €29,995
Working capital
-€352,049▲ 8.0%
2024 · -€382,465
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result stays negative: a loss of €472 in 2025 against €469 in 2024; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€472
2025
Net result€0.03m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€0.6m
2025
Equity€0.001m
2025
Debt€0.6m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€0.4m
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result-€0.09m--€0.1m▼ 58.2%-€0.001m▲ 99.4%-€0.001m▼ 11.5%-€0.001m▲ 45.2%-€469▲ 9.1%-€472▼ 0.7%
Net result-€0.07m--€0.1m▼ 58.1%€0.03m€0.03m▼ 15.2%€0.03m▲ 8.7%€0.03m▼ 4.3%€0.03m▲ 1.4%
Equity-€0.04m--€0.2m▼ 329%-€0.1m▲ 22.2%-€0.09m▲ 24.2%-€0.06m▲ 34.7%-€0.03m▲ 50.8%€0.001m
Total assets€1.2m-€0.5m▼ 54.8%€0.5m▲ 2.7%€0.6m▲ 5.3%€0.6m▲ 5.4%€0.6m▼ 3.3%€0.6m▲ 5.2%
Debt€1.2m-€0.7m▼ 43.6%€0.7m▼ 2.8%€0.7m=€0.7m=€0.6m▼ 7.5%€0.6m▲ 0.1%
Working capital-€0.7m--€0.5m▲ 27.5%-€0.5m▲ 6.7%-€0.4m▲ 6.1%-€0.4m▲ 7.1%-€0.4m▲ 7.3%-€0.4m▲ 8.0%
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €620,262
Fixed assets
€353,425 =
Current assets
€266,837 ▲ 13.1%
Equity and liabilities €620,262
Equity
€1,376
Debt
€618,885
Debt finances 99.8% of the balance-sheet total.
Key figures and ratios
Current ratio
0.43▲
2024 · 0.38
ROA
4.9%▼
2024 · 5.1%
Debt ≤ 1 year
€618,885▲
2024 · €618,498
Income taxes
€1,144▲
2024 · €908
A ratio outside any meaningful range has been withheld (balance sheet total €620,262, equity €1,376).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €63,333 | - | - | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €868 | €348 | €384 | €387 | ▲ 0.9% |
| Gross operating margin9900 | -€8,780 | -€80,244 | -€72 | -€73 | -€168 | -€85 | -€85 | ▼ 0.1% |
| Operating profit (loss)9901 | -€89,829 | -€142,134 | -€844 | -€941 | -€516 | -€469 | -€472 | ▼ 0.7% |
| Financial income75/76B | - | - | - | €30,206 | €35,141 | €33,028 | €33,812 | ▲ 2.4% |
| Recurring financial income75 | €27,000 | €30,000 | €35,000 | €30,206 | €35,141 | €33,028 | €33,812 | ▲ 2.4% |
| Financial charges65/66B | - | - | - | €432 | €1,732 | €1,656 | €1,780 | ▲ 7.5% |
| Recurring financial charges65 | €7,247 | €5,339 | €175 | €432 | €1,732 | €1,656 | €1,780 | ▲ 7.5% |
| Profit (loss) for the period before taxes9903 | -€70,076 | -€117,473 | €33,981 | €28,833 | €32,893 | €30,903 | €31,560 | ▲ 2.1% |
| Income taxes67/77 | €4,220 | - | - | €3 | €1,542 | €908 | €1,144 | ▲ 25.9% |
| Profit (loss) for the period9904 | -€74,296 | -€117,473 | €33,981 | €28,830 | €31,351 | €29,995 | €30,417 | ▲ 1.4% |
| Profit (loss) for the period to be appropriated9905 | -€74,296 | -€117,473 | €33,981 | €28,830 | €31,351 | €29,995 | €30,417 | ▲ 1.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.2m | €0.5m | €0.5m | €0.6m | €0.6m | €0.6m | €0.6m | ▲ 5.2% |
| Fixed assets21/28 | €1.1m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Tangible fixed assets22/27 | €0.8m | - | - | - | - | - | - | - |
| Financial fixed assets28 | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Current assets29/58 | €0.05m | €0.2m | €0.2m | €0.2m | €0.3m | €0.2m | €0.3m | ▲ 13.1% |
| Amounts receivable within one year40/41 | - | €0.001m | €96 | - | - | - | - | - |
| Current investments50/53 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 1.6% |
| Cash at bank and in hand54/58 | €0.04m | €0.2m | €0.2m | €0.05m | €0.06m | €0.03m | €0.06m | ▲ 97.3% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.2m | €0.5m | €0.5m | €0.6m | €0.6m | €0.6m | €0.6m | ▲ 5.2% |
| Equity10/15 | -€0.04m | -€0.2m | -€0.1m | -€0.09m | -€0.06m | -€0.03m | €0.001m | - |
| Contributions10/11 | €0.006m | €0.006m | - | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Reserves13 | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Profit (loss) carried forward14 | -€0.04m | -€0.2m | -€0.1m | -€0.1m | -€0.07m | -€0.04m | -€0.007m | ▲ 82.0% |
| Amounts payable17/49 | €1.2m | €0.7m | €0.7m | €0.7m | €0.7m | €0.6m | €0.6m | ▲ 0.1% |
| Amounts payable after more than one year17 | €0.5m | - | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €0.6m | €0.6m | ▲ 0.1% |
| Trade debts44 | - | €0.02m | - | - | - | - | €387 | - |
| Suppliers440/4 | - | - | - | - | - | - | €387 | - |
| Other amounts payable47/48 | - | - | - | €0.7m | €0.7m | €0.6m | €0.6m | = |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€74,296 | -€117,473 | €33,981 | €28,830 | €31,351 | €29,995 | €30,417 | ▲ 1.4% |
| + Depreciation and write-downs630 | €63,333 | - | - | - | - | - | - | - |
| Operating cash flow (approximation) | -€10,963 | -€117,473 | €33,981 | €28,830 | €31,351 | €29,995 | €30,417 | ▲ 1.4% |
| Investment in fixed assets (approximation) | - | €781,111 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €135,219 | €15,759 | -€141,796 | €7,178 | -€32,911 | €27,400 | - |
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 (10)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-03-2025 | full format | 26-09-2025 | 2025-00507392 |
| 31-03-2024 | full format | 30-09-2024 | 2024-00492256 |
| 31-03-2023 | full format | 23-09-2023 | 2023-00453305 |
| 31-03-2022 | full format | 29-09-2022 | 2022-20444760 |
| 31-03-2021 | full format | 29-09-2021 | 2021-70400457 |
| 31-03-2020 | full format | 06-10-2020 | 2020-59500048 |
| 31-03-2019 | full format | 17-09-2019 | 2019-64700039 |
| 31-03-2018 | full format | 17-09-2018 | 2018-63300104 |
| 31-03-2017 | full format | 21-09-2017 | 2017-62100143 |
| 31-03-2016 | full format | 26-09-2016 | 2016-62100219 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.