Sametal
ActiveSummary
Sametal has been active since 1921 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€1.1m) and a net result of -€1.5m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 5046 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0▼-43
Growth24▼-14
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.55 against 0.9 in 2024; short-term debt: 80.7% and cash: 0.3% 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
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 2025Solvency, return and age of the figures
Solvency
-107%
Return on assets
-145.4%
Age of the figures
12 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€1.1m
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
43 d early
2023
7 d early
2022
2 d early
2021
50 d early
2020
35 d early
2019
15 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 22 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
€6.3m▼ 7.5%
2018 · €6.8m
EBIT margin
0.7%▲ 0.1pp
2018 · 0.6%
Net result
-€1.5m▼ 228%
2024 · -€470,189
Working capital
-€382,048▼ 130%
2024 · -€165,971
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, 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
Line20212022202320242025
Turnover
Operating result€554,674€632,321▲ 14.0%-€125,712-€435,986▼ 247%-€1.5m▼ 252%
Net result€540,762within the sector's middle half€621,300within the sector's middle half▲ 14.9%-€144,970below the sector's middle half-€470,189below the sector's middle half▼ 224%-€1.5mbelow the sector's middle half▼ 228%
EBIT margin
Equity€500,323within the sector's middle half▲ 740%€1.0mwithin the sector's middle half▲ 104%€876,654within the sector's middle half▼ 14.2%€406,465within the sector's middle half▼ 53.6%-€1.1mbelow the sector's middle half
Total assets€2.1mwithin the sector's middle half▼ 1.2%€2.2mwithin the sector's middle half▲ 5.1%€2.1mwithin the sector's middle half▼ 3.1%€2.2mwithin the sector's middle half▲ 2.5%€1.1mbelow the sector's middle half▼ 51.9%
Debt€1.6m▼ 22.5%€1.2m▼ 25.7%€1.3m▲ 6.4%€1.8m▲ 41.1%€2.1m▲ 19.4%
Working capital€2,938below the sector's middle half€565,361within the sector's middle half▲ 19,146%€371,332within the sector's middle half▼ 34.3%-€165,971below the sector's middle half-€382,048below the sector's middle half▼ 130%
Solvency23.7%within the sector's middle half▲ 20.9pp46.1%within the sector's middle half▲ 22.4pp40.8%within the sector's middle half▼ 5.3pp18.5%below the sector's middle half▼ 22.3pp-107.0%below the sector's middle half▼ 125.5pp
Current ratio1.00below the sector's middle half▲ 0.251.54within the sector's middle half▲ 0.541.32within the sector's middle half▼ 0.220.90below the sector's middle half▼ 0.420.55below the sector's middle half▼ 0.35
Return on assets (ROA)25.6%above the sector's middle half▲ 26.3pp28.0%above the sector's middle half▲ 2.4pp-6.7%below the sector's middle half▼ 34.8pp-21.4%below the sector's middle half▼ 14.6pp-145.4%below the sector's middle half▼ 124.0pp
Staff (FTE)8within the sector's middle half▲ 8.1%6within the sector's middle half▼ 25.0%6.2within the sector's middle half▲ 3.3%5.3within the sector's middle half▼ 14.5%6within the sector's middle half▲ 13.2%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, 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 €1.5m in 2025 against €435,986 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.1m
Fixed assets
€586,848 ▼ 15.4%
Current assets
€472,444 ▼ 68.7%
Key figures and ratios
EBITDA
-€1.4m▼
2024 · -€248,661
Cash flow
-€1.4m▼
2024 · -€282,864
Quick ratio
0.11▼
2024 · 0.21
Debt to equity
-1.89▼
2024 · 4.42
Interest coverage
-454.27▼
2024 · -5.63
Debt ≤ 1 year
€854,492▼
2024 · €1.7m
Debt > 1 year
€1.3m▲
2024 · €45,840
Income taxes
€0▼
2024 · €40
Staff costs
€430,612▲
2024 · €310,320
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,639 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
4.1%
went bankrupt
9.8%
stopped otherwise
84%
still going
A further 2.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.4% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 6,639 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 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €125 | €1 | €185 | €75,415 | ▲ 40,561% |
| Remuneration, social security and pensions62 | - | €372,174 | €306,629 | €310,320 | €430,612 | ▲ 38.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €150,613 | €151,933 | €159,313 | €187,325 | €184,828 | ▼ 1.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €1,350 | €107,716 | ▲ 7,879% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | €50,000 | - |
| Other operating charges640/8 | - | €11,920 | €11,016 | €13,672 | €65,584 | ▲ 380% |
| Non-recurring operating charges66A | - | €16,637 | €36,209 | €14,332 | €876,590 | ▲ 6,016% |
| Gross operating margin9900 | €1.1m | €1.2m | €387,453 | €91,014 | €180,340 | ▲ 98.1% |
| Operating profit (loss)9901 | €554,674 | €632,321 | -€125,712 | -€435,986 | -€1.5m | ▼ 252% |
| Financial income75/76B | - | - | - | €14,000 | €0 | ▼ 100% |
| Recurring financial income75 | - | - | - | €14,000 | €0 | ▼ 100% |
| Non-recurring financial income76B | - | - | - | €14,000 | €0 | ▼ 100% |
| Financial charges65/66B | - | €10,808 | €19,100 | €48,162 | €5,080 | ▼ 89.5% |
| Recurring financial charges65 | €13,862 | €9,159 | €19,033 | €44,181 | €2,972 | ▼ 93.3% |
| Non-recurring financial charges66B | - | €1,649 | €67 | €3,981 | €2,108 | ▼ 47.1% |
| Profit (loss) for the period before taxes9903 | €540,812 | €621,513 | -€144,812 | -€470,149 | -€1.5m | ▼ 228% |
| Income taxes67/77 | €50 | €213 | €158 | €40 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €540,762 | €621,300 | -€144,970 | -€470,189 | -€1.5m | ▼ 228% |
| Profit (loss) for the period to be appropriated9905 | €540,762 | €621,300 | -€144,970 | -€470,189 | -€1.5m | ▼ 228% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.1m | €2.2m | €2.1m | €2.2m | €1.1m | ▼ 51.9% |
| Fixed assets21/28 | €583,074 | €604,529 | €623,339 | €693,569 | €586,848 | ▼ 15.4% |
| Intangible fixed assets21 | €635 | €400 | €2,817 | €2,197 | €23,126 | ▲ 953% |
| Tangible fixed assets22/27 | €550,649 | €571,939 | €585,817 | €656,467 | €525,352 | ▼ 20.0% |
| Land and buildings22 | - | €9,645 | €6,520 | €3,396 | €271 | ▼ 92.0% |
| Plant, machinery and equipment23 | - | €312,391 | €327,135 | €393,024 | €327,477 | ▼ 16.7% |
| Furniture and vehicles24 | - | €64,595 | €94,333 | €156,822 | €113,752 | ▼ 27.5% |
| Leasing and similar rights25 | - | €185,308 | €157,829 | €103,226 | €83,851 | ▼ 18.8% |
| Financial fixed assets28 | €31,790 | €32,190 | €34,705 | €34,905 | €38,370 | ▲ 9.9% |
| Current assets29/58 | €1.5m | €1.6m | €1.5m | €1.5m | €472,444 | ▼ 68.7% |
| Stocks and contracts in progress3 | €973,916 | €1.0m | €848,027 | €1.2m | €379,686 | ▼ 67.2% |
| Stocks30/36 | - | €1.0m | €848,027 | €1.2m | €379,686 | ▼ 67.2% |
| Amounts receivable within one year40/41 | €400,800 | €418,102 | €407,107 | €334,257 | €77,459 | ▼ 76.8% |
| Trade receivables40 | - | €378,433 | €352,290 | €276,849 | €68,550 | ▼ 75.2% |
| Other amounts receivable41 | - | €39,670 | €54,818 | €57,408 | €8,909 | ▼ 84.5% |
| Cash at bank and in hand54/58 | €88,882 | €134,933 | €253,427 | €2,000 | €2,660 | ▲ 33.0% |
| Deferred charges and accrued income490/1 | - | €15,103 | €17,335 | €13,897 | €12,639 | ▼ 9.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.1m | €2.2m | €2.1m | €2.2m | €1.1m | ▼ 51.9% |
| Equity10/15 | €500,323 | €1.0m | €876,654 | €406,465 | -€1.1m | ▼ 379% |
| Contributions10/11 | €100,000 | €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 | = |
| Reserves13 | €310,000 | €810,000 | €760,000 | €260,000 | €10,000 | ▼ 96.2% |
| Non-distributable reserves130/1 | - | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Legal reserve130 | - | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Distributable reserves133 | - | €800,000 | €750,000 | €250,000 | €0 | ▼ 100% |
| Profit (loss) carried forward14 | €90,323 | €111,623 | €16,654 | €46,465 | -€1.2m | ▼ 2,776% |
| Provisions and deferred taxes16 | - | - | - | - | €50,000 | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | €50,000 | - |
| Environmental obligations163 | - | - | - | - | €50,000 | - |
| Amounts payable17/49 | €1.6m | €1.2m | €1.3m | €1.8m | €2.1m | ▲ 19.4% |
| Amounts payable after more than one year17 | €72,875 | €129,890 | €84,463 | €45,840 | €1.3m | ▲ 2,711% |
| Financial debts170/4 | - | €129,890 | €84,463 | €45,840 | €9,406 | ▼ 79.5% |
| Other amounts payable178/9 | - | - | - | - | €1.3m | - |
| Amounts payable within one year42/48 | €1.5m | €1.0m | €1.2m | €1.7m | €854,492 | ▼ 49.0% |
| Current portion of amounts payable after more than one year42 | - | €59,719 | €45,428 | €38,623 | €36,434 | ▼ 5.7% |
| Financial debts43 | - | €555 | €0 | - | - | - |
| Other loans439 | - | €555 | €0 | - | - | - |
| Trade debts44 | €319,043 | €418,400 | €390,100 | €527,804 | €528,288 | ▲ 0.1% |
| Suppliers440/4 | - | €418,400 | €390,100 | €527,804 | €528,288 | ▲ 0.1% |
| Taxes, remuneration and social security45 | - | €78,890 | €72,155 | €38,315 | €63,948 | ▲ 66.9% |
| Taxes450/3 | - | €2,435 | €8,681 | €0 | - | - |
| Remuneration and social security454/9 | - | €76,455 | €63,474 | €38,315 | €63,948 | ▲ 66.9% |
| Other amounts payable47/48 | - | €489,800 | €646,881 | €1.1m | €225,822 | ▼ 78.9% |
| Accrued charges and deferred income492/3 | - | €18,376 | €33,555 | €75,294 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €540,762 | €621,300 | -€144,970 | -€470,189 | -€1.5m | ▼ 228% |
| + Depreciation and write-downs630 | €150,613 | €151,933 | €159,313 | €187,325 | €184,828 | ▼ 1.3% |
| Operating cash flow (approximation) | €691,376 | €773,233 | €14,343 | -€282,864 | -€1.4m | ▼ 379% |
| Investment in fixed assets (approximation) | - | -€173,387 | -€178,123 | -€257,555 | -€78,107 | ▲ 69.7% |
| Change in cash | - | €46,051 | €118,493 | -€251,427 | €660 | ▲ 100% |
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
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-09
Financial
Weakest financial yearnet -€1.5m
Net result drops to -€1.5m, the lowest in the series.
18-03
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
23-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-09
Financial
Highest result since 2018net €621,300 ▲14.9%
Operating result €632,321, net result €621,300, both a record.
30-09
Financial
Equity above €1mEq €1.0m ▲104%
2 profitable years in a row build equity to €1.0m.
11-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-09
Financial
Back to profitnet €540,762
Net result €540,762 after one loss-making year.
30-09
Financial
Equity above €500,000Eq €500,323 ▲740%
Equity rises from €59,561 to €500,323.
26-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
15-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Show earlier events
2019
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
05-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
19-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 19 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 16 acts read
About the unread acts
We know of 16 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
16 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, Liège · 1 establishment unit since 1994
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.
Ecluse-de-l'Ile-Monsin 644020 LiègeGround area
9,446 m²
Building footprint
72 m²
Parcel 62809A0362/00Z000, Wallonia. Linked by address, not a title deed.
1 establishment unit
SAMETAL SA
since 19942.113.137.179
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62809A0362/00Z000 | Wallonia | 9,446 m² | 1 · 72 m² | - |
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.
Structure & network
Owners and holdings
1 ownerChain of control
- SoHoW
- Sametal
Highest known parent: SoHoW. The sources do not say who stands above it.
Owners 1
- SoHoWparent99.96%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts 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
No current directors or connected companies found in the register.
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Of 413 companies in sector 46872 we hold annual accounts for 219. 163 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
Founded26-11-1921
Fiscal year end30-09
Activities, NACEBEL 2025
38210Materials recovery from waste
46872Wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0404929171
Also
9925:BE0404929171
Registered
09-09-2026
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.