SAMGA
ActiveSummary
SAMGA has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.9m and a net result of €24,488. Equity is growing by ~18.7% per year across the filed fiscal years. Its solvency ranks better than 59% of 671 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▼-8
Solvency70▲+6
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €180,000 at 30 days acceptable
Liquidity short (current ratio 0.55 against 0.52 in 2024; short-term debt: 43.4% and cash: 7.6% of total assets), and 55.4% of the assets are financed with debt.
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Signals
Five 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Warehousing and support activities for transportation (NACE 52)
about 72% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
44.6%
Return on assets
0.4%
Age of the figures
9 mo
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 28-07-2026, 3 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
3 d early
2024
8 d early
2023
33 d early
2022
11 d early
2021
44 d early
2020
22 d early
2019
21 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 20 days before the deadline; the sector median for financial year 2024 is 8 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 20 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€24,488▼ 94.9%
2024 · €482,547
Working capital
-€1.3m▲ 11.9%
2024 · -€1.4m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 52, Warehousing and support activities for transportation, 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
Operating result€94,768▼ 24.0%€1.2m▲ 1,114%€523,917▼ 54.5%€680,582▲ 29.9%€57,943▼ 91.5%
Net result€10,911within the sector's middle half▼ 32.9%€803,121above the sector's middle half▲ 7,261%€350,678above the sector's middle half▼ 56.3%€482,547above the sector's middle half▲ 37.6%€24,488within the sector's middle half▼ 94.9%
Equity€1.2mabove the sector's middle half▲ 0.9%€2.0mabove the sector's middle half▲ 64.5%€2.4mabove the sector's middle half▲ 17.1%€2.9mabove the sector's middle half▲ 20.1%€2.9mwithin the sector's middle half▲ 0.9%
Total assets€9.3mabove the sector's middle half▼ 0.7%€9.4mabove the sector's middle half▲ 0.9%€8.0mabove the sector's middle half▼ 14.8%€7.4mabove the sector's middle half▼ 7.9%€6.5mwithin the sector's middle half▼ 11.8%
Debt€8.1m▼ 0.9%€7.4m▼ 8.9%€5.6m▼ 23.7%€4.5m▼ 19.9%€3.6m▼ 20.0%
Working capital-€2.9mbelow the sector's middle half▼ 46.1%-€2.1mbelow the sector's middle half▲ 26.9%-€1.9mbelow the sector's middle half▲ 9.5%-€1.4mbelow the sector's middle half▲ 23.3%-€1.3mbelow the sector's middle half▲ 11.9%
Solvency13.3%within the sector's middle half▲ 0.2pp21.8%within the sector's middle half▲ 8.4pp29.9%within the sector's middle half▲ 8.2pp39.0%within the sector's middle half▲ 9.1pp44.6%within the sector's middle half▲ 5.6pp
Current ratio0.28below the sector's middle half▼ 0.070.50below the sector's middle half▲ 0.220.44below the sector's middle half▼ 0.060.52below the sector's middle half▲ 0.080.55below the sector's middle half▲ 0.03
Return on assets (ROA)0.1%below the sector's middle half▼ 0.1pp8.5%within the sector's middle half▲ 8.4pp4.4%within the sector's middle half▼ 4.2pp6.5%within the sector's middle half▲ 2.2pp0.4%within the sector's middle half▼ 6.2pp
above
within
below
the middle half (P25 to P75) of NACE 52, Warehousing and support activities for transportation, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2025 Net result -95% on 2024. The accounts now follow the full schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 91% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.5m
Fixed assets
€5.0m ▼ 14.6%
Current assets
€1.5m ▼ 1.7%
Equity and liabilities €6.5m
Equity
€2.9m ▲ 0.9%
Debt
€3.6m ▼ 20.0%
Debt's share of the balance-sheet total falls from 61.0% to 55.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.0m▼
2024 · €1.7m
Cash flow
€984,791▼
2024 · €1.5m
Debt to equity
1.24▼
2024 · 1.56
ROE
0.8%▼
2024 · 16.7%
Interest coverage
38.64▼
2024 · 40.07
Debt ≤ 1 year
€2.8m▼
2024 · €3.0m
Debt > 1 year
€667,250▼
2024 · €1.3m
Income taxes
€9,663▼
2024 · €163,968
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 174 companies that looked in July 2024 the way this one looks now, 0% went bankrupt within 24 months and 95% are still going.
- Medium-sized
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0%
went bankrupt
4.6%
stopped otherwise
95%
still going
For this company itself Checked computes a higher bankruptcy probability: 1.2% 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 174 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €612,726 | €1.1m | €975,789 | €975,711 | €960,302 | ▼ 1.6% |
| Other operating charges640/8 | €95,899 | €114,999 | €153,273 | €148,083 | €225,402 | ▲ 52.2% |
| Non-recurring operating charges66A | - | - | €100,000 | - | - | - |
| Gross operating margin9900 | €803,393 | €2.4m | €1.8m | €1.8m | €1.2m | ▼ 31.1% |
| Operating profit (loss)9901 | €94,768 | €1.2m | €523,917 | €680,582 | €57,943 | ▼ 91.5% |
| Financial income75/76B | €2,700 | €2,554 | €8,765 | €7,271 | €2,561 | ▼ 64.8% |
| Recurring financial income75 | €2,700 | €2,554 | €8,765 | €7,271 | €2,561 | ▼ 64.8% |
| Financial charges65/66B | €83,832 | €67,995 | €53,768 | €41,338 | €26,352 | ▼ 36.3% |
| Recurring financial charges65 | €83,832 | €67,995 | €53,768 | €41,338 | €26,352 | ▼ 36.3% |
| Profit (loss) for the period before taxes9903 | €13,636 | €1.1m | €478,914 | €646,515 | €34,152 | ▼ 94.7% |
| Income taxes67/77 | €2,725 | €281,864 | €128,235 | €163,968 | €9,663 | ▼ 94.1% |
| Profit (loss) for the period9904 | €10,911 | €803,121 | €350,678 | €482,547 | €24,488 | ▼ 94.9% |
| Profit (loss) for the period to be appropriated9905 | €10,911 | €803,121 | €350,678 | €482,547 | €24,488 | ▼ 94.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €9.3m | €9.4m | €8.0m | €7.4m | €6.5m | ▼ 11.8% |
| Fixed assets21/28 | €8.2m | €7.4m | €6.5m | €5.8m | €5.0m | ▼ 14.6% |
| Intangible fixed assets21 | €100,000 | €75,000 | €55,891 | €29,696 | €18,614 | ▼ 37.3% |
| Tangible fixed assets22/27 | €7.9m | €7.1m | €6.3m | €5.6m | €4.7m | ▼ 15.2% |
| Land and buildings22 | €5.6m | €5.2m | €4.7m | €4.5m | €4.0m | ▼ 9.7% |
| Plant, machinery and equipment23 | €929,142 | €669,617 | €540,070 | €421,911 | €323,128 | ▼ 23.4% |
| Furniture and vehicles24 | €27,280 | €249,462 | €285,629 | €214,447 | €167,686 | ▼ 21.8% |
| Leasing and similar rights25 | €1.4m | €1.0m | €728,046 | €455,029 | €189,292 | ▼ 58.4% |
| Financial fixed assets28 | €184,718 | €198,718 | €198,718 | €206,718 | €216,118 | ▲ 4.5% |
| Current assets29/58 | €1.1m | €2.1m | €1.5m | €1.6m | €1.5m | ▼ 1.7% |
| Amounts receivable within one year40/41 | €851,091 | €1.5m | €956,590 | €860,924 | €992,443 | ▲ 15.3% |
| Trade receivables40 | €608,538 | €1.3m | €633,437 | €485,541 | €559,951 | ▲ 15.3% |
| Other amounts receivable41 | €242,553 | €155,929 | €323,153 | €375,383 | €432,492 | ▲ 15.2% |
| Cash at bank and in hand54/58 | €185,162 | €526,293 | €517,112 | €655,664 | €496,951 | ▼ 24.2% |
| Deferred charges and accrued income490/1 | €62,990 | €47,126 | €13,198 | €59,633 | €60,465 | ▲ 1.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €9.3m | €9.4m | €8.0m | €7.4m | €6.5m | ▼ 11.8% |
| Equity10/15 | €1.2m | €2.0m | €2.4m | €2.9m | €2.9m | ▲ 0.9% |
| Contributions10/11 | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Capital10 | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Issued capital100 | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Reserves13 | €244,633 | €1.0m | €1.4m | €1.9m | €1.9m | ▲ 1.3% |
| Non-distributable reserves130/1 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Legal reserve130 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Distributable reserves133 | €144,633 | €947,755 | €1.3m | €1.8m | €1.8m | ▲ 1.4% |
| Amounts payable17/49 | €8.1m | €7.4m | €5.6m | €4.5m | €3.6m | ▼ 20.0% |
| Amounts payable after more than one year17 | €4.1m | €3.1m | €2.2m | €1.3m | €667,250 | ▼ 50.0% |
| Financial debts170/4 | €4.1m | €3.1m | €2.2m | €1.3m | €667,250 | ▼ 50.0% |
| Amounts payable within one year42/48 | €4.0m | €4.1m | €3.4m | €3.0m | €2.8m | ▼ 6.6% |
| Current portion of amounts payable after more than one year42 | €1.0m | €947,513 | €951,833 | €859,158 | €667,250 | ▼ 22.3% |
| Trade debts44 | €66,979 | €298,370 | €354,338 | €196,168 | €289,510 | ▲ 47.6% |
| Suppliers440/4 | €66,979 | €298,370 | €354,338 | €196,168 | €289,510 | ▲ 47.6% |
| Taxes, remuneration and social security45 | €3,800 | €131,800 | - | - | - | - |
| Taxes450/3 | €3,800 | €131,800 | - | - | - | - |
| Other amounts payable47/48 | €2.8m | €2.8m | €2.1m | €2.0m | €1.9m | ▼ 5.1% |
| Accrued charges and deferred income492/3 | €40,500 | €71,280 | €49,355 | €141,632 | €108,191 | ▼ 23.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,911 | €803,121 | €350,678 | €482,547 | €24,488 | ▼ 94.9% |
| + Depreciation and write-downs630 | €612,726 | €1.1m | €975,789 | €975,711 | €960,302 | ▼ 1.6% |
| Operating cash flow (approximation) | €623,638 | €1.9m | €1.3m | €1.5m | €984,791 | ▼ 32.5% |
| Investment in fixed assets (approximation) | - | -€261,555 | -€154,473 | -€251,412 | -€111,895 | ▲ 55.5% |
| Change in cash | - | €341,131 | -€9,180 | €138,551 | -€158,713 | ▼ 215% |
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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2019net €803,121 ▲7,261%
Operating result €1.2m, net result €803,121, both a record.
31-12
Financial
Equity above €2mEq €2.0m ▲64.5%
4 profitable years in a row build equity to €2.0m.
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €10,911 ▼32.9%
Net result drops to €10,911, the lowest in the series; recovery starts the following year.
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Antwerpen · 1 establishment unit since 2019
Ground area
5,041 m²
Building footprint
14 m²
Volume, LiDAR
12 m³
Parcel 11807G1333/00Y036, Flanders · tallest building 5.6 m. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Samga
since 20192.283.648.927
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G1333/00Y036indicative | Flanders | 5,041 m² | 1 · 14 m² | 5.6 m |
Linked by address, not proof of ownership
Good to know
0 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
2 holdingsOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 2
-
99%
-
70%
According to the 2025 annual accounts of SAMGA 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
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 120 EUR awarded · 120 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 120 EUR | 120 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.283.648.927
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Of 1,031 companies in sector 52100 we hold annual accounts for 769. 469 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
Founded21-12-2018
Fiscal year end31-12
Activities, NACEBEL 2025
52100Warehousing and storage
52210Service activities incidental to land transportation
52241Warehousing and support activities for transportation
52249Warehousing and support activities for transportation
52250Logistics services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0717738236
Also
9925:BE0717738236
Registered
20-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.