SAMA DÉVELOPPEMENT

Active

Private limited companyfounded 201312 yrs activeFirmin Lecharlierlaan 108, 1090 Jette, BelgiumKBO/BCE: BE 0538.868.652

The computed 12-month bankruptcy probability of SAMA DÉVELOPPEMENT is 1.7% (moderate). The 2025 annual accounts show equity of €621k and a net result of €268k. Equity is growing by ~26.9% per year across the filed fiscal years. Its solvency ranks better than 35% of 296 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2025

58 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability80▲+27

Solvency46▲+5

Growth66=

Track record100

Bankruptcy probability, 12 months

1.7% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €35k at 30 days acceptable

Liquidity short (current ratio 0.51 against 0.27 in 2024; short-term debt: 19.8% and cash: 4.4% of total assets), and 79.4% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

20.6%

Return on assets

8.9%

Age of the figures

15 mo

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Filed after the deadline

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-02-2026, 5 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 10 filings

Deviation from the deadline

2025

5 d late

2024

10 d late

2023

37 d late

2022

2 d late

2021

2 d early

2020

5 d early

2019

52 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

30-06-2026 close17-09-2026 today31-01-2027 deadline

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

Financials · fiscal year 2025, full schema

Turnover

€441k▲ 11.3%

2020 · €396k

2019: €400k 2020: €396k

2019 → 2022

EBIT margin

33.4%▲ 30.4pp

2020 · 3.0%

2019: 9.6% 2020: 3.0%

2019 → 2022

Net result

€268k▲ 405%

2024 · €53k

2019: €11k 2020: €10k 2022: €64k 2023: €174k 2024: €53k

2019 → 2025

Working capital

€-295k▼ 6.9%

2024 · €-276k

2019: €-88k 2020: €-32k 2022: €-160k 2023: €-294k 2024: €-276k

2019 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202022202320242025Trend

Turnover€396k-€441k▲ 11.3%

Equity€128k-€126k▼ 1.1%€300k▲ 137%€353k▲ 17.7%€621k▲ 76.0%

Operating result€12k-€147k▲ 1,145%€321k▲ 118%€193k▼ 40.0%€374k▲ 94.1%

Net result€10k-€64k▲ 528%€174k▲ 170%€53k▼ 69.4%€268k▲ 405%

Result per fiscal year

Operating resultNet result

The operating result recovers in 2025; 2025 is 94% above 2024 and is the highest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €3.02M

90.0%

10%

Fixed assets €2.71M▲ 25.2%

Current assets €303k▲ 196%

Equity and liabilities €3.02M

20.6%

79.4%

Equity €621k▲ 76.0%

Provisions €0▼ 100%

Debt €2.39M▲ 37.6%

The debt ratio rises from 76.7% to 79.4%. Equity and debt are higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€523k▲

2024 · €309k

Cash flow

€417k▲

2024 · €169k

Solvency

20.6%▲

2024 · 15.6%

Current ratio

0.51▲

2024 · 0.27

Quick ratio

0.51▲

2024 · 0.27

Debt / equity

3.85▼

2024 · 4.93

ROE

43.2%▲

2024 · 15.0%

ROA

8.9%▲

2024 · 2.3%

Interest coverage

7.34▲

2024 · 3.76

Debt

€2.39M▲

2024 · €1.74M

Debt ≤ 1 year

€598k▲

2024 · €378k

Debt > 1 year

€1.78M▲

2024 · €1.35M

Income taxes

€34k▼

2024 · €57k

Staff costs

€35k▼

2024 · €123k

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 · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€2.27M€3.02M▲

Fixed assets21/28€2.17M€2.71M▲

Tangible fixed assets22/27€2.17M€2.71M▲

Land and buildings22€1.99M€2.11M▲

Plant, machinery and equipment23€25k€493k▲

Furniture and vehicles24€12k€4k▼

Leasing and similar rights25€1k€1k▼

Other tangible fixed assets26€141k€100k▼

Current assets29/58€102k€303k▲

Amounts receivable within one year40/41€102k€168k▲

Trade receivables40€102k€138k▲

Other amounts receivable41-€31k

Cash at bank and in hand54/58-€133k

Deferred charges and accrued income490/1-€911

Equity and liabilities

Total equity and liabilities10/49€2.27M€3.02M▲

Equity10/15€353k€621k▲

Contributions10/11€61k€61k=

Capital10€61k€61k=

Issued capital100€61k€61k=

Reserves13€2k€2k=

Non-distributable reserves130/1€2k€2k=

Legal reserve130€2k€2k=

Profit (loss) carried forward14€291k€559k▲

Provisions and deferred taxes16€175k-

Provisions for liabilities and charges160/5€175k-

Major repairs and maintenance162€175k-

Amounts payable17/49€1.74M€2.39M▲

Amounts payable after more than one year17€1.35M€1.78M▲

Financial debts170/4€1.34M€1.78M▲

Other amounts payable178/9€5k-

Amounts payable within one year42/48€378k€598k▲

Current portion of amounts payable after more than one year42€142k€160k▲

Financial debts43€46k-

Credit institutions430/8€46k-

Trade debts44€84k€325k▲

Suppliers440/4€84k€325k▲

Advances received on contracts in progress46-€5k

Taxes, remuneration and social security45€72k€26k▼

Taxes450/3€37k€5k▼

Remuneration and social security454/9€35k€21k▼

Other amounts payable47/48€34k€82k▲

Accrued charges and deferred income492/3€12k€12k▼

Income statement Code20242025

Non-recurring operating income76A-€175k

Remuneration, social security and pensions62€123k€35k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€116k€149k▲

Other operating charges640/8€17k€69k▲

Gross operating margin9900€448k€627k▲

Operating profit (loss)9901€193k€374k▲

Financial income75/76B-€25

Recurring financial income75-€25

Financial charges65/66B€82k€71k▼

Recurring financial charges65€82k€71k▼

Profit (loss) for the period before taxes9903€110k€303k▲

Income taxes67/77€57k€34k▼

Profit (loss) for the period9904€53k€268k▲

Profit (loss) for the period to be appropriated9905€53k€268k▲

Appropriation of the result

Profit (loss) to be appropriated9906€291k€559k▲

Profit (loss) brought forward from the previous period14P€238k€291k▲

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 14Financial 4Filings 10

Next filing, fiscal year 2026, expected by 31-01-2027

2026

05-02

NBB filing Annual accounts filed

fiscal year 2025 · full schema · 5 days late

2025

30-06

Financial Highest result since 2019net €268k ▲405%

Operating result €374k, net result €268k, both a record.

30-06

Financial Equity above €500kEq €621k ▲76%

6 profitable years in a row build equity to €621k.

10-02

NBB filing Annual accounts filed

fiscal year 2024 · full schema · 10 days late

2024

08-03

NBB filing Annual accounts filed

fiscal year 2023 · full schema · 37 days late

2023

30-06

Financial Equity above €200kEq €300k ▲137%

4 profitable years in a row build equity to €300k.

02-02

NBB filing Annual accounts filed

fiscal year 2022 · full schema · 2 days late

2022

29-01

NBB filing Annual accounts filed

fiscal year 2021 · full schema

2021

26-01

NBB filing Annual accounts filed

fiscal year 2020 · full schema

2020

30-06

Financial Weakest financial yearnet €10k ▼6.5%

Net result drops to €10k, the lowest in the series; recovery starts the following year.

2019

10-12

NBB filing Annual accounts filed

fiscal year 2019 · full schema

2018

22-11

NBB filing Annual accounts filed

fiscal year 2018 · full schema

2017

14-11

NBB filing Annual accounts filed

fiscal year 2017 · full schema

2016

03-12

NBB filing Annual accounts filed

fiscal year 2016 · full schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

4 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, Jette · 4 establishment units since 2015

establishment All 4 establishment units on the map

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.

Firmin Lecharlierlaan 1081090 Jette

Ground area

1,399 m²

Building footprint

637 m²

Volume, LiDAR

10,037 m³

4 parcels, Brussels · tallest building 30.8 m, ±9 floors. Linked by address, not a title deed.

4 establishment units

SAMA MASSAGE BIEN ETRE

Jetse Laan 193, 1090 JetteBeauty treatment

since 20152.250.142.355

SAMA MASSAGE, HAIR & BEAUTY

Louizalaan 223, 1050 BrusselBeauty treatment

since 20162.250.140.276

Firmin Lecharlierlaan 108, 1090 Jette

Personal service activities

since 20202.307.905.162

Defacqzstraat 28, 1050 Elsene

Food and beverage service activities

since 20212.321.550.389

4 parcels

Brussels 4 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21464D0096/00V003	Brussels	594 m²	1 · 216 m²	16.8 m · 2 fl.
21464E0036/00F015	Brussels	350 m²	1 · 114 m²	16.6 m · 4 fl.
21807G0129/00R003	Brussels	348 m²	1 · 200 m²	30.8 m · 9 fl.
21447A0324/00V004	Brussels	107 m²	1 · 107 m²	20.6 m · 5 fl.