SAMARCANDE
ActiveSAMARCANDE has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €105k and a net result of €-2k. Equity is shrinking by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 39% of 513 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2024
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability68▲+54
Solvency61▲+1
Growth32=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 1.61 against 1.71 in 2023; short-term debt: 58.7% and cash: 61% of total assets), but 64.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 88
Relative position
BE, all sectors
reference
Sector 88
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
35.8%
Return on assets
-0.6%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-2k
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 10-07-2025, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
21 d early
2023
35 d early
2022
20 d early
2021
22 d early
2020
38 d early
2019
43 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-2k▲ 84.4%
2023 · €-11k
2018: €14k
2019: €19k
2020: €5k
2021: €16k
2022: €-27k
2023: €-11k
2018 → 2024
Working capital
€105k▼ 12.6%
2023 · €121k
2018: €181k
2019: €147k
2020: €116k
2021: €198k
2022: €169k
2023: €121k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€134k-€147k▲ 9.8%€121k▼ 17.8%€108k▼ 10.6%€105k▼ 3.1%
Operating result€2k-€13k▲ 585%€-31k€-13k▲ 58.2%€-3k▲ 73.1%
Net result€5k-€16k▲ 239%€-27k€-11k▲ 57.9%€-2k▲ 84.4%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2024 against €13k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €293k
Fixed assets
€16k▼ 23.9%
Current assets
€277k▼ 4.3%
Equity and liabilities €293k
Equity
€105k▼ 3.1%
Debt
€188k▼ 7.0%
The debt ratio falls from 65.1% to 64.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€2k▲
2023 · €-7k
Cash flow
€3k▲
2023 · €-6k
Solvency
35.8%▲
2023 · 34.9%
Current ratio
1.61▼
2023 · 1.71
Quick ratio
1.61▼
2023 · 1.71
Debt / equity
1.79▼
2023 · 1.87
ROE
-1.7%▲
2023 · -10.5%
ROA
-0.6%▲
2023 · -3.7%
Interest coverage
9.49▲
2023 · -52.67
Debt
€188k▼
2023 · €202k
Debt ≤ 1 year
€172k▲
2023 · €169k
Debt > 1 year
€2k=
2023 · €2k
Staff costs
€655k▲
2023 · €585k
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€311k€293k▼
Fixed assets21/28€21k€16k▼
Intangible fixed assets21€644€0▼
Tangible fixed assets22/27€18k€16k▼
Plant, machinery and equipment23€0€0=
Furniture and vehicles24€3k€3k▼
Other tangible fixed assets26€15k€13k▼
Financial fixed assets28€2k€0▼
Current assets29/58€290k€277k▼
Amounts receivable within one year40/41€59k€97k▲
Trade receivables40€2k€22k▲
Other amounts receivable41€58k€75k▲
Cash at bank and in hand54/58€222k€179k▼
Deferred charges and accrued income490/1€8k€2k▼
Equity and liabilities
Total equity and liabilities10/49€311k€293k▼
Equity10/15€108k€105k▼
Reserves13€30k€30k=
Profit (loss) carried forward14€76k€74k▼
Investment grants15€2k€760▼
Amounts payable17/49€202k€188k▼
Amounts payable after more than one year17€2k€2k=
Other amounts payable178/9€2k€2k=
Amounts payable within one year42/48€169k€172k▲
Trade debts44€31k€18k▼
Suppliers440/4€31k€18k▼
Taxes, remuneration and social security45€85k€96k▲
Taxes450/3€379€13k▲
Remuneration and social security454/9€84k€83k▼
Accrued charges and deferred income492/3€31k€14k▼
Income statement
Code20232024
Goods, raw materials, services and sundry goods60/61€136k€124k▼
Remuneration, social security and pensions62€585k€655k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▼
Other operating charges640/8€1k€973▼
Non-recurring operating charges66A€841€590▼
Gross operating margin9900€580k€658k▲
Operating profit (loss)9901€-13k€-3k▲
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€140€168▲
Recurring financial charges65€140€168▲
Profit (loss) for the period before taxes9903€-11k€-2k▲
Profit (loss) for the period9904€-11k€-2k▲
Profit (loss) for the period to be appropriated9905€-11k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€76k€74k▼
Profit (loss) brought forward from the previous period14P€87k€76k▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
08-09
State Gazette act
General meeting · Director reappointmentGeneral meeting · Director reappointment · Director resignation11 facts ▸
State Gazette act
General meeting · Director reappointment
General meeting · Director reappointment · Director resignation11 facts ▸
- General meeting, 2026-06-04
- Director reappointment, Sarah Van Praet (administrateur)
- Director resignation, Daniel Detemmerman
- Board composition, administrateur, 2026-06-04
- Board composition, administrateur, 2026-06-04
- Board composition, administrateur, 2026-06-04
- Board composition, administrateur, 2026-06-04
- Board composition, administrateur, 2026-06-04
- Board composition, administrateur, 2026-06-04
- Director appointment, Kathleen Deschamps (Directrice)
- Director appointment, Kathleen Deschamps (déléguée à la gestion journalière)
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-27k ▼267%
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
09-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
18-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Highest result since 2018net €19k ▲30.6%
Net result €19k, the highest in the series.
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 directors, no change since 2026
Kathleen Deschamps
CurrentDirectrice · since 04-06-2026
Sarah Van Praet
CurrentDirector · since 04-06-2026
04-06-2026
Kathleen Deschamps: Appointed as Directrice
04-06-2026
Kathleen Deschamps: Appointed as Déléguée à la gestion journalière
04-06-2026
Sarah Van Praet: Mandate renewed as Director
04-06-2026
Daniel Detemmerman: Resigned
Location & real-estate footprint
Registered office, Etterbeek · 1 establishment unit since 2008
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.
de Theuxstraat 511040 EtterbeekGround area
224 m²
Building footprint
127 m²
Volume, LiDAR
1,268 m³
Parcel 21363B0470/00M009, Brussels · tallest building 17.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SAMARCANDE OU L'ECOLE DE L'AVENTURE
since 20082.189.093.624
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21363B0470/00M009 | Brussels | 224 m² | 1 · 127 m² | 17.5 m · 3 fl. |
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.
Structure & network
Connections & network
1 connected companyLinked via shared directors
viaSarah Van Praet · Director
→
Public money · subsidies and aid
Wallonia-Brussels Federation
2021 to 2025 · 28 entries · 1,830,784 EUR in total| Year | Entries | paid |
|---|---|---|
| 2025 | 13 | 445,758 EUR |
| 2024 | 5 | 525,032 EUR |
| 2023 | 6 | 483,781 EUR |
| 2022 | 2 | 363,283 EUR |
| 2021 | 2 | 12,930 EUR |
Budget allocations
Subventions aux services d'actions en milieu ouvert
Subventions aux services d’actions en milieu ouvert
Fonds budgétaire pour la réalisation de programmes d'actions ou de formation et de réinsertion professionnelles dans l'enseignementobligatoire de plein exercice, ordinaire et spécialisé, et l'enseignement en alternance
Subventions visant à soutenir la mise en oeuvre d'actions portées par les services d'action en milieu ouvert (AMO)
Fonds budgétaire destiné à subventionner des actions et des mesures d'aide à la jeunesse et de protection de la jeunesse
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CENTRE LIEGEOIS D'INTERVENTION FAMILIALE
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Perspectives
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Les Bruyeres
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Verviers · Eq €112k
AUX SOURCES
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Huy · Eq €95k
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Rixensart · Eq €119k
Of 258 companies in sector 88992 we hold annual accounts for 136. 84 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded07-03-1986
Fiscal year end31-12
Activities, NACEBEL
88992Social work activities without accommodation
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.