SAMARKAND PROPERTIES
ActiveSummary
SAMARKAND PROPERTIES has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €672k and a net result of €300k. Equity is growing by ~45.2% per year across the filed fiscal years. Its solvency ranks better than 43% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2023
Profitability62▲+5
Solvency47▲+5
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 4.19 against 5.03 in 2023; short-term debt: 19.1% and cash: 7.7% of total assets), but 78.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
21.8%
Return on assets
9.7%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 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 filingsDeviation from the deadline
2025
2 d late
2023
on the day
2022
on the day
2021
on the day
2020
1 d late
2019
17 d early
2018
16 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · 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 monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€300k▲ 39.5%
2023 · €215k
2019: €1.20Mhighest value
2020: €120k▼ -90.0% vs 2019lowest value
2021: €310k▲ +159% vs 2020
2022: €553k▲ +78.2% vs 2021
2023: €215k▼ -61.2% vs 2022
2025: €300k
2019 → 2025
Working capital
€1.88M▲ 4.9%
2023 · €1.79M
2019: €7.30Mhighest value
2020: €4.60M▼ -37.0% vs 2019
2021: €3.30M▼ -28.2% vs 2020
2022: €2.28M▼ -30.9% vs 2021
2023: €1.79M▼ -21.4% vs 2022lowest value
2025: €1.88M
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232025Trend
Equity€-547k-€-236k▲ 56.8%€317k€531k▲ 67.8%€672k▲ 26.5%
2020: €-547klowest value
2021: €-236k▲ +56.8% vs 2020
2022: €317k▲ +234% vs 2021
2023: €531k▲ +67.8% vs 2022
2025: €672khighest value
Operating result€352k-€465k▲ 32.1%€617k▲ 32.7%€301k▼ 51.2%€248k▼ 17.6%
2020: €352k
2021: €465k▲ +32.1% vs 2020
2022: €617k▲ +32.7% vs 2021highest value
2023: €301k▼ -51.2% vs 2022
2025: €248klowest value
Net result€120k-€310k▲ 159%€553k▲ 78.2%€215k▼ 61.2%€300k▲ 39.5%
2020: €120klowest value
2021: €310k▲ +159% vs 2020
2022: €553k▲ +78.2% vs 2021highest value
2023: €215k▼ -61.2% vs 2022
2025: €300k
Result per fiscal year
Operating resultNet result
The operating result is €248k in 2025, compared with €301k in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €3.08M
Fixed assets
€612k ▼ 35.8%
Current assets
€2.47M ▲ 10.4%
Equity and liabilities €3.08M
Equity
€672k ▲ 26.5%
Debt
€2.41M ▼ 9.4%
Debt's share of the balance-sheet total falls from 83.3% to 78.2%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
4.19▼
2023 · 5.03
Quick ratio
1.76▲
2023 · 1.29
Debt to equity
3.58▼
2023 · 5.00
ROE
44.5%▲
2023 · 40.4%
ROA
9.7%▲
2023 · 6.7%
Debt ≤ 1 year
€588k▲
2023 · €444k
Debt > 1 year
€1.82M▼
2023 · €2.21M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2023 · 42 lines
Balance sheet
Code20232025
Assets
Total assets20/58€3.19M€3.08M▼
Fixed assets21/28€953k€612k▼
Tangible fixed assets22/27€341k-
Land and buildings22€341k-
Financial fixed assets28€612k€612k=
Current assets29/58€2.23M€2.47M▲
Amounts receivable after more than one year29€385k€615k▲
Other amounts receivable291€385k€615k▲
Stocks and contracts in progress3€1.66M€1.43M▼
Stocks30/36€1.66M€1.43M▼
Amounts receivable within one year40/41€182k€181k▼
Trade receivables40-€0
Other amounts receivable41€182k€181k▼
Cash at bank and in hand54/58€5k€236k▲
Equity and liabilities
Total equity and liabilities10/49€3.19M€3.08M▼
Equity10/15€531k€672k▲
Contributions10/11€1.00M€1.00M=
Capital10€1.00M€1.00M=
Issued capital100€1.00M€1.00M=
Profit (loss) carried forward14€-469k€-328k▲
Amounts payable17/49€2.66M€2.41M▼
Amounts payable after more than one year17€2.21M€1.82M▼
Financial debts170/4€2.21M€1.82M▼
Amounts payable within one year42/48€444k€588k▲
Trade debts44€158k€269k▲
Suppliers440/4€158k€269k▲
Taxes, remuneration and social security45€352-
Taxes450/3€352-
Other amounts payable47/48€285k€319k▲
Income statement
Code20232025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k-
Other operating charges640/8€79k€3k▼
Gross operating margin9900€392k€251k▼
Operating profit (loss)9901€301k€248k▼
Financial income75/76B-€153k
Recurring financial income75-€153k
Financial charges65/66B€87k€102k▲
Recurring financial charges65€87k€102k▲
Profit (loss) for the period before taxes9903€215k€300k▲
Profit (loss) for the period9904€215k€300k▲
Profit (loss) for the period to be appropriated9905€215k€300k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-469k€-328k▲
Profit (loss) brought forward from the previous period14P€-683k€-627k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8k | €8k | €12k | €12k | - | - |
| Other operating charges640/8 | - | - | €110k | €79k | €3k | - |
| Gross operating margin9900 | €362k | €476k | €739k | €392k | €251k | - |
| Operating profit (loss)9901 | €352k | €465k | €617k | €301k | €248k | - |
| Financial income75/76B | - | - | - | - | €153k | - |
| Recurring financial income75 | €7k | - | - | - | €153k | - |
| Financial charges65/66B | - | - | €64k | €87k | €102k | - |
| Recurring financial charges65 | €220k | €154k | €64k | €87k | €102k | - |
| Profit (loss) for the period before taxes9903 | €139k | €310k | €553k | €215k | €300k | - |
| Income taxes67/77 | €19k | - | - | - | - | - |
| Profit (loss) for the period9904 | €120k | €310k | €553k | €215k | €300k | - |
| Profit (loss) for the period to be appropriated9905 | €120k | €310k | €553k | €215k | €300k | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.40M | €4.90M | €4.06M | €3.19M | €3.08M | - |
| Fixed assets21/28 | €813k | €805k | €1.15M | €953k | €612k | - |
| Tangible fixed assets22/27 | €201k | €193k | €541k | €341k | - | - |
| Land and buildings22 | - | - | €541k | €341k | - | - |
| Financial fixed assets28 | €612k | €612k | €612k | €612k | €612k | - |
| Current assets29/58 | €5.59M | €4.09M | €2.91M | €2.23M | €2.47M | - |
| Amounts receivable after more than one year29 | - | - | - | €385k | €615k | - |
| Other amounts receivable291 | - | - | - | €385k | €615k | - |
| Stocks and contracts in progress3 | €4.18M | €3.45M | €2.00M | €1.66M | €1.43M | - |
| Stocks30/36 | - | - | €2.00M | €1.66M | €1.43M | - |
| Amounts receivable within one year40/41 | €1.07M | €556k | €856k | €182k | €181k | - |
| Trade receivables40 | - | - | €422k | - | €0 | - |
| Other amounts receivable41 | - | - | €434k | €182k | €181k | - |
| Cash at bank and in hand54/58 | €338k | €84k | €49k | €5k | €236k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.40M | €4.90M | €4.06M | €3.19M | €3.08M | - |
| Equity10/15 | €-547k | €-236k | €317k | €531k | €672k | - |
| Contributions10/11 | €1.00M | €1.00M | €1.00M | €1.00M | €1.00M | - |
| Capital10 | - | - | €1.00M | €1.00M | €1.00M | - |
| Issued capital100 | - | - | €1.00M | €1.00M | €1.00M | - |
| Profit (loss) carried forward14 | €-1.55M | €-1.24M | €-683k | €-469k | €-328k | - |
| Amounts payable17/49 | €6.95M | €5.13M | €3.74M | €2.66M | €2.41M | - |
| Amounts payable after more than one year17 | €5.96M | €4.34M | €3.11M | €2.21M | €1.82M | - |
| Financial debts170/4 | - | - | €3.11M | €2.21M | €1.82M | - |
| Amounts payable within one year42/48 | €994k | €792k | €630k | €444k | €588k | - |
| Trade debts44 | €269k | €256k | €223k | €158k | €269k | - |
| Suppliers440/4 | - | - | €223k | €158k | €269k | - |
| Taxes, remuneration and social security45 | - | - | €12k | €352 | - | - |
| Taxes450/3 | - | - | €12k | €352 | - | - |
| Other amounts payable47/48 | - | - | €396k | €285k | €319k | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €120k | €310k | €553k | €215k | €300k | - |
| + Depreciation and write-downs630 | €8k | €8k | €12k | €12k | - | - |
| Operating cash flow (approximation) | €128k | €318k | €565k | €227k | €300k | - |
| Investment in fixed assets (approximation) | - | €0 | €-360k | €188k | - | - |
| Change in cash | - | €-254k | €-35k | €-44k | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 2 days late
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-06
Financial
Equity above €500kEq €531k ▲67.8%
5 profitable years in a row build equity to €531k.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
Financial
Equity above €200kEq €317k
4 profitable years in a row build equity to €317k.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 1 day late
2020
30-06
Financial
Weakest financial yearnet €120k ▼90%
Net result drops to €120k, the lowest in the series; recovery starts the following year.
14-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
15-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
15-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
16-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
15-01
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 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, Oudergem
Ground area
618 m²
Building footprint
546 m²
Volume, LiDAR
4,882 m³
Parcel 21002A0165/00H013, Brussels · tallest building 18.1 m, ±3 floors. Linked by address, not a title deed.
14
companies at this address
See who is registered here
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21002A0165/00H013 | Brussels | 618 m² | 1 · 546 m² | 18.1 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
549300PGJ5OPE68D3Q54
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Of 9,693 companies in sector 68121 we hold annual accounts for 7,385. 4,417 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded04-09-2008
Fiscal year end30-06
Activities, NACEBEL 2025
68121Development of residential building projects
Scores and ratios are computed by Checked and are not a credit decision.