SAMAYA DEVELOPMENT
ActiveSummary
SAMAYA DEVELOPMENT has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€1.6m) and a net result of -€681,032. Equity is shrinking by ~81.9% per year across the filed fiscal years. Its solvency ranks better than 8% of 4834 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability15▼-2
Solvency4▼-7
Growth32=
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.83 against 0.88 in 2023; short-term debt: 121.1% and cash: 1.4% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
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
-21.1%
Return on assets
-8.8%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
21222324
2021 to 2024 · latest year -€1.6m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-06-2026, 37 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
37 d early
2024
31 d early
2023
30 d early
2022
34 d early
2021
26 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 32 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€681,032▼ 19.0%
2023 · -€572,354
Working capital
-€1.6m▼ 71.7%
2023 · -€949,714
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Operating result-€123,850--€21,839▲ 82.4%-€47,996▼ 120%-€25,852▲ 46.1%
Net result-€186,610below the sector's middle half--€290,748below the sector's middle half▼ 55.8%-€572,354below the sector's middle half▼ 96.9%-€681,032below the sector's middle half▼ 19.0%
Equity-€86,610below the sector's middle half--€377,358below the sector's middle half▼ 336%-€949,713below the sector's middle half▼ 152%-€1.6mbelow the sector's middle half▼ 71.7%
Total assets€5.6mwithin the sector's middle half-€6.4mwithin the sector's middle half▲ 13.8%€6.9mwithin the sector's middle half▲ 7.7%€7.7mwithin the sector's middle half▲ 12.0%
Debt€5.7m-€6.8m▲ 18.7%€7.8m▲ 15.7%€9.4m▲ 19.3%
Working capital-€86,610within the sector's middle half--€377,359below the sector's middle half▼ 336%-€949,714below the sector's middle half▼ 152%-€1.6mbelow the sector's middle half▼ 71.7%
Solvency-1.5%below the sector's middle half--5.9%below the sector's middle half▼ 4.4pp-13.8%below the sector's middle half▼ 7.9pp-21.1%below the sector's middle half▼ 7.3pp
Current ratio0.98within the sector's middle half-0.94within the sector's middle half▼ 0.040.88within the sector's middle half▼ 0.070.83within the sector's middle half▼ 0.05
Return on assets (ROA)-3.3%below the sector's middle half--4.5%below the sector's middle half▼ 1.2pp-8.3%below the sector's middle half▼ 3.8pp-8.8%below the sector's middle half▼ 0.5pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €25,852 in 2024 against €47,996 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €7.7m
Fixed assets
€1 =
Current assets
€7.7m ▲ 12.0%
Key figures and ratios
Quick ratio
0.02▲
2023 · 0.02
Debt to equity
-5.74▲
2023 · -8.26
Debt ≤ 1 year
€9.4m▲
2023 · €7.8m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 110 companies that looked in July 2024 the way this one looks now, 0% went bankrupt within 24 months and 96% are still going.
- Medium-sized
- 5 to 10 years old
- negative equity
- a small loss
0%
went bankrupt
2.7%
stopped otherwise
96%
still going
A further 0.9% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 110 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | €109,606 | - | - | - | - |
| Other operating charges640/8 | €14,244 | €2,392 | €2,897 | €4,646 | ▲ 60.4% |
| Gross operating margin9900 | -€109,606 | -€19,447 | -€45,099 | -€21,205 | ▲ 53.0% |
| Operating profit (loss)9901 | -€123,850 | -€21,839 | -€47,996 | -€25,852 | ▲ 46.1% |
| Financial charges65/66B | €62,761 | €268,909 | €524,358 | €655,181 | ▲ 24.9% |
| Recurring financial charges65 | €62,761 | €268,909 | €524,358 | €655,181 | ▲ 24.9% |
| Profit (loss) for the period before taxes9903 | -€186,610 | -€290,748 | -€572,354 | -€681,032 | ▼ 19.0% |
| Profit (loss) for the period9904 | -€186,610 | -€290,748 | -€572,354 | -€681,032 | ▼ 19.0% |
| Profit (loss) for the period to be appropriated9905 | -€186,610 | -€290,748 | -€572,354 | -€681,032 | ▼ 19.0% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €5.6m | €6.4m | €6.9m | €7.7m | ▲ 12.0% |
| Fixed assets21/28 | - | €1 | €1 | €1 | = |
| Financial fixed assets28 | - | €1 | €1 | €1 | = |
| Current assets29/58 | €5.6m | €6.4m | €6.9m | €7.7m | ▲ 12.0% |
| Stocks and contracts in progress3 | €5.5m | €6.3m | €6.8m | €7.5m | ▲ 11.1% |
| Stocks30/36 | €5.5m | €6.3m | €6.8m | €7.5m | ▲ 11.1% |
| Amounts receivable within one year40/41 | €110,155 | €121,245 | €99,844 | €96,240 | ▼ 3.6% |
| Trade receivables40 | €86,950 | €72,590 | €72,590 | €72,590 | = |
| Other amounts receivable41 | €23,205 | €48,655 | €27,255 | €23,650 | ▼ 13.2% |
| Cash at bank and in hand54/58 | €1,107 | €17,899 | €22,192 | €107,594 | ▲ 385% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €5.6m | €6.4m | €6.9m | €7.7m | ▲ 12.0% |
| Equity10/15 | -€86,610 | -€377,358 | -€949,713 | -€1.6m | ▼ 71.7% |
| Contributions10/11 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Capital10 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Issued capital100 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Profit (loss) carried forward14 | -€186,610 | -€477,358 | -€1.0m | -€1.7m | ▼ 64.9% |
| Amounts payable17/49 | €5.7m | €6.8m | €7.8m | €9.4m | ▲ 19.3% |
| Amounts payable within one year42/48 | €5.7m | €6.8m | €7.8m | €9.4m | ▲ 19.3% |
| Financial debts43 | €5.0m | €6.8m | €7.7m | €9.2m | ▲ 18.9% |
| Other loans439 | €5.0m | €6.8m | €7.7m | €9.2m | ▲ 18.9% |
| Trade debts44 | €648,719 | €13,914 | €105,140 | €151,912 | ▲ 44.5% |
| Suppliers440/4 | €648,719 | €13,914 | €105,140 | €151,912 | ▲ 44.5% |
| Other amounts payable47/48 | €15,360 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€186,610 | -€290,748 | -€572,354 | -€681,032 | ▼ 19.0% |
| Operating cash flow (approximation) | -€186,610 | -€290,748 | -€572,354 | -€681,032 | ▼ 19.0% |
| Investment in fixed assets (approximation) | - | - | €0 | €0 | - |
| Change in cash | - | €16,792 | €4,294 | €85,401 | ▲ 1,889% |
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
24-06
State Gazette act
Resignation: Carl MÖHRLE (class A director)Appointment: SRL Smilestone (class A director) · Permanent representative: Béranger DUMONT · Reappointments: CoDe+Ar SRL (class A director) and SRL Smilestone (class A director)10 facts ▸
State Gazette act
Resignation: Carl MÖHRLE (class A director)
Appointment: SRL Smilestone (class A director) · Permanent representative: Béranger DUMONT · Reappointments: CoDe+Ar SRL (class A director) and SRL Smilestone (class A director)10 facts ▸
- Director resignation, Carl MÖHRLE (class A director)
- Director appointment, SRL Smilestone (class A director)
- Permanent representative, Béranger DUMONT (permanent representative)
- Director appointment, SRL Smilestone (class A director)
- Director reappointment, CoDe+Ar SRL (class A director)
- Director reappointment, SRL Smilestone (class A director)
- Power of attorney, Julie Salteur
- Power of attorney, Julie Buffin
- Power of attorney, Françoise Lemye
- General meeting, 16-06-2026
24-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet -€681,032
Net result drops to -€681,032, the lowest in the series.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 10 acts read
About the unread acts
Of the 10 Belgian State Gazette acts we know for this company, 1 has been read. The other 9 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 directors, last change in 2026
Board 2
Smilestone sprl
CurrentClass A director · since 31-03-2026 · Legal entity · perm. rep.: Béranger DUMONT
CoDe+Ar SRL
CurrentClass A director · Legal entity · perm. rep.: Frédéric BERLEUR
Permanent representatives 2
Béranger DUMONT
CurrentPermanent representative · since 31-03-2026 · for Smilestone sprl
Frédéric BERLEUR
CurrentPermanent representative · for CoDe+Ar SRL
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
9 of this company's 10 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2021
Ground area
3,149 m²
Building footprint
3,026 m²
Volume, LiDAR
70,303 m³
Parcel 21805E0482/00C000, Brussels · tallest building 31.9 m, ±9 floors. Linked by address, not a title deed.
101
companies at this address
See who is registered here
1 establishment unit
SAMAYA DEVELOPMENT
since 20212.330.357.791
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21805E0482/00C000 | Brussels | 3,149 m² | 1 · 3,026 m² | 31.9 m · 9 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.
Mandate history
3 people since 2026, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Smilestone sprl |
|
| CoDe+Ar SRL |
|
| Carl MÖHRLE |
|
Structure & network
Owners and holdings
2 ownersOwners 2
-
50%
-
50%
Holdings 0
The accounts to 31-12-2021 list no holdings, and no other source names one.
According to the 2021 annual accounts of SAMAYA DEVELOPMENT and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
8 connected companiesThis company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
BAVIERE DEVELOPPEMENT
Shared corporate director
→
BPI PURE SA
Shared corporate director
→
ERASMUS GARDENS
Shared corporate director
→
Europea Housing
Shared corporate director
→
Show 4 more companies with a shared director
IMMOANGE
Shared corporate director
→
VICTOR BARA
Shared corporate director
→
VICTOR SPAAK
Shared corporate director
→
WOLIMMO
Shared corporate director
→
Similar companies · same sector and region
"IMMOBEL" OU "COMPAGNIE IMMOBILIERE DE BELGIQUE" OU "IMMOBILIEN VENNOOTSCHAP VAN BELGIE"
BE 0405.966.675
Brussel
'T Park Development
BE 0478.120.522
Brussel
AG Real Estate Projects
BE 0632.680.619
Brussel
ARGOS PROJECT MANAGEMENT
BE 0474.660.590
Brussel
ATOMIA
BE 0467.225.046
Brussel
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 9,698 companies in sector 68121 we hold annual accounts for 7,393. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded05-06-2020
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
E-invoicing
Reachable via Peppol
Peppol ID
0208:0747927903
Also
9925:BE0747927903
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.