Active BE 0421.624.752Private limited company

Sambre et Meuse

Rue Docteur Romedenne(AUV) 38 ·5060 Sambreville, Belgium· 45 yrs active

Sector: Rusthuizen voor ouderen (ROB) (87301)

Conclusion Checked

The computed 12-month bankruptcy probability of Sambre et Meuse is 0.3% (very low). The 2024 annual accounts show negative equity (€-137k) and a net result of €-130k. Equity is shrinking by ~90.4% per year across the filed fiscal years. Its solvency ranks better than 10% of 45 sector peers (fiscal year 2024). The company has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 5 annual accounts.

Key figures

Equity	€-137k
Net result	€-130k
Staff (FTE)	20
Better than sector	10%

Financial profile 5 of 5 axes measured · computed by Checked

55 / 100

Mixed profile: strong on profitability, weaker on health.

All 5 axes are computed from data Checked has read.

Health 7

Profitability 100

Solvency 34

Growth 32

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.3% Very low

0%0,5%1,5%4%10%≥25%

Lower-failure-rate sector −Annual accounts: weaker financial profile +Long track record −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Long-established

Founded in 1981, 45 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2024 · computed

7 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 31-08-2025 with the NBB · fiscal year 2024 · volledig

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

declining Equity: declining trend of ~90.4%/year over 5 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2024 · NACE 87 · compared within the same schema type (full schema)

Metric	This company	Sector median	Position in the sector
Solvency	-44.9%	22.7%	better than 10% of 45 sector peers
Net result	€-130k	€16k	better than 20% of 45 sector peers
Equity	€-137k	€512k	better than 15% of 45 sector peers
Gross operating margin	€1.11M	€1.79M	better than 15% of 39 sector peers
Staff costs	€1.20M	€1.77M	higher than 25% of 40 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€-102k

- 19-24

Net profit

€-130k

- 19-24

Cash flow

€-105k

- 19-24

Total assets

€304k

-14.2% 19-24

Equity

€-137k

-2073.2% 19-24

Working capital

€-183k

-677.6% 19-24

Employees (FTE)

20

-4.8% 19-24

Staff costs

€1.20M

+9.1% 19-24

Show 12 other metrics

Income taxes

€142

+19.8% 19-24

Dividends

€145k

- 19-24

Debt

€440k

+22.2% 19-24

Debt ≤ 1y

€389k

+31.6% 19-24

Debt > 1y

€52k

-20.5% 19-24

Current ratio

0.53

-42.6% 19-24

Quick ratio

0.52

-42.8% 19-24

Solvency

-44.9%

-2432.6% 19-24

Debt / equity

-3.23

+94.4% 19-24

ROE

95.4%

- 19-24

ROA

-42.9%

- 19-24

Interest coverage

-32.92

- 19-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	volledig
Revenue	-
EBITDA	€-102k
Net profit	€-130k
Cash flow	€-105k
Staff costs	€1.20M
Income taxes	€142
Dividends	-
Total assets	€304k
Equity	€-137k
Debt	€440k
of which ≤ 1y	€389k
of which > 1y	€52k
Working capital	€-183k
Employees (FTE)	20.0

Ratios (computed)

	2024
Current ratio	0.53
Quick ratio	0.52
Working capital ratio	-60.4%
Solvency	-44.9%
Debt / equity	-3.23
Long-term debt ratio	-0.38
Interest coverage	-32.92
Gross margin	-
Net margin	-
ROA	-42.9%
ROE	95.4%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €99k · 32.5% Current assets €205k · 67.5%

Full annual accounts (25 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€304k
Fixed assets	21/28	€99k
Intangible fixed assets	21	€56
Tangible fixed assets	22/27	€73k
Financial fixed assets	28	€25k
Current assets	29/58	€205k
Stocks & contracts in progress	3	€1k
Amounts receivable within one year	40/41	€167k
Cash & bank	54/58	€27k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€304k
Equity	10/15	€-137k
Contributions / capital	10/11	€12k
Accumulated profits (losses)	14	€-149k
Amounts payable	17/49	€440k
Amounts payable after one year	17	€52k
Amounts payable within one year	42/48	€389k
Trade debts payable within one year	44	€156k
Income statement
Gross operating margin	9900	€1.11M
Operating result	9901	€-127k
Financial income	75	€1
Financial charges	65	€3k
Result before taxes	9903	€-130k
Income taxes	67/77	€142
Net result for the period	9904	€-130k
Result to be appropriated	9905	€-130k

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates 4 directors

Directors derived from a single State Gazette act, under verification

All 4 current directors first appear in the same act (23305507). Founders or capital subscribers may have been counted as directors here; the real board composition is being verified.

Current directors & mandates

Marie Christine Griveau
Managing director
State Gazette act 23305507 (17-01-2023)

Current
17-01-2023 → present
SA ValaurbenLegal entity
Managing director· perm. rep.: Jean Michel Voyer
State Gazette act 23305507 (17-01-2023)

Current
17-01-2023 → present
SRL BauhéLegal entity
Managing director· perm. rep.: Yves Chrétien
State Gazette act 23305507 (17-01-2023)

Current
17-01-2023 → present
Valérie Voyer
Managing director
State Gazette act 23305507 (17-01-2023)

Current
17-01-2023 → present

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Legal Structure

NACE primary	Rusthuizen voor ouderen (ROB)(87301)
Legal form	Private limited company(610)
Incorporation	30-04-1981
Status	Active
Postal code	5060

Establishment units 3 locations

SAMBRE ET MEUSE

Rue Docteur Romedenne(AUV) 38, 5060 SambrevilleOverige markt- en straathandel

since 19822.034.648.937

SAMBRE ET MEUSE

Rue Jean Joseph Piret(GER) 58, 6280 GerpinnesHotels en dergelijke accommodatie

since 19822.034.648.739

Rue Jean Joseph Piret(GER) 58, 6280 Gerpinnes

Rust- en verzorgingstehuizen

since 19822.034.648.838

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
92007E0388/00K003	Wallonia	1,872 m²	1 · 159 m²	14.4 m · 4 fl.
52033A0346/00E000	Wallonia	1,413 m²	1 · 259 m²	9.9 m · 3 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

31-08-2025

NBB filing Annual accounts filed

fiscal year 2024 · volledig

2024

31-08-2024

NBB filing Annual accounts filed

fiscal year 2023 · volledig

2023

13-08-2023

NBB filing Annual accounts filed

fiscal year 2022 · volledig

17-01-2023

State Gazette act Director changes

Gaetan Quenon

2022

31-01-2022

NBB filing Annual accounts filed

fiscal year 2021 · volledig

2021

01-02-2021

NBB filing Annual accounts filed

fiscal year 2020 · volledig

2020

26-01-2020

NBB filing Annual accounts filed

fiscal year 2019 · volledig

2018

18-12-2018

NBB filing Annual accounts filed

fiscal year 2018 · volledig

2017

30-11-2017

NBB filing Annual accounts filed

fiscal year 2017 · volledig

2016

30-11-2016

NBB filing Annual accounts filed

fiscal year 2016 · volledig

2015

01-12-2015

NBB filing Annual accounts filed

fiscal year 2015 · volledig

Belgian State Gazette reading coverage 0 of 9 acts read

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.

Belgisch Staatsblad, acts 1 acts

All acts · 1 updated 3 years ago

2023

17-01-2023 7 directors appointed Director changes·Gaetan Quenon

Marie Christine Griveau, Gedelegeerd bestuurder
Valérie Voyer, Gedelegeerd bestuurder
Jean Michel Voyer, Gedelegeerd bestuurder
Yves Chrétien, Gedelegeerd bestuurder
Jean Michel Voyer, Gedelegeerd bestuurder
Gaetan Quenon, Notaire
Gaetan Quenon, Notaire

Notary: Gaetan Quenon · Tournai

Original publication ↗

Technical details

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Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Rust- en verzorgingstehuizen85315Rusthuizen voor ouderen (ROB)87301

Primary activity highlighted.

Names & trade names

Legal nameFR

Sambre et Meuse

Registered office

Boulevard de l'Europe(AUV) 38

5060 Sambreville, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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