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SAMGOLD

Active
Private limited companyfounded 20232 yrs activeMaria-Christinastraat 157, 1020 Brussel, BelgiumKBO/BCE: BE 1003.731.155
Summary

The computed 12-month bankruptcy probability of SAMGOLD is 5.1% (elevated). The 2024 annual accounts show equity of €25,885 and a net result of -€15,445. Its solvency ranks better than 67% of 6545 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability0
Solvency74
Growth-
Track record67
Bankruptcy probability, 12 months
5.1% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days only on tighter terms
Liquidity ample (current ratio 1.95; short-term debt: 51.3% and cash: 33.3% of total assets), but 51.3% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 2024
Solvency, return and age of the figures
Solvency
48.7%
Return on assets
-29%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 1 filing
Deviation from the deadline
2024
61 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 61 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 21 December 2023, SAMGOLD was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, full schema

Turnover
€187,116
EBIT margin
-8.2%
Net result
-€15,445
Working capital
€25,885
Balance-sheet composition
Equity and liabilities €53,200
Equity €25,885
Debt €27,315
Debt finances 51.3% of the balance-sheet total.
Key figures and ratios
2024 value
Current ratio
1.95
Quick ratio
0.66
Debt to equity
1.06
ROE
-59.7%
ROA
-29.0%
Debt ≤ 1 year
€27,315
Staff costs
€27,046

Peer companies

Historical observation

Of the 3,225 companies that looked in July 2024 the way this one looks now, 3.3% went bankrupt within 24 months and 88% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
3.3% went bankrupt
8.7% stopped otherwise
88% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 5.1% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.8%
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 3,225 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
Filed annual accounts As filed with the NBB · 2024 · 32 lines
Balance sheet Code2024
Assets
Total assets20/58€53,200
Current assets29/58€53,200
Stocks and contracts in progress3€35,129
Stocks30/36€35,129
Amounts receivable within one year40/41€374
Other amounts receivable41€374
Cash at bank and in hand54/58€17,697
Equity and liabilities
Total equity and liabilities10/49€53,200
Equity10/15€25,885
Contributions10/11€41,330
Capital10€41,330
Issued capital100€41,330
Profit (loss) carried forward14-€15,445
Amounts payable17/49€27,315
Amounts payable within one year42/48€27,315
Trade debts44€3,396
Suppliers440/4€3,396
Taxes, remuneration and social security45€23,919
Taxes450/3€9,773
Remuneration and social security454/9€14,146
Income statement Code2024
Turnover70€187,116
Goods, raw materials, services and sundry goods60/61€169,467
Remuneration, social security and pensions62€27,046
Other operating charges640/8€5,917
Gross operating margin9900€17,649
Operating profit (loss)9901-€15,315
Financial charges65/66B€130
Recurring financial charges65€130
Profit (loss) for the period before taxes9903-€15,445
Profit (loss) for the period9904-€15,445
Profit (loss) for the period to be appropriated9905-€15,445
Appropriation of the result
Profit (loss) to be appropriated9906-€15,445

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Turnover70€187,116
Goods, raw materials, services and sundry goods60/61€169,467
Remuneration, social security and pensions62€27,046
Other operating charges640/8€5,917
Gross operating margin9900€17,649
Operating profit (loss)9901-€15,315
Financial charges65/66B€130
Recurring financial charges65€130
Profit (loss) for the period before taxes9903-€15,445
Profit (loss) for the period9904-€15,445
Profit (loss) for the period to be appropriated9905-€15,445
Line2024
Assets
Total assets20/58€53,200
Current assets29/58€53,200
Stocks and contracts in progress3€35,129
Stocks30/36€35,129
Amounts receivable within one year40/41€374
Other amounts receivable41€374
Cash at bank and in hand54/58€17,697
Equity and liabilities
Total equity and liabilities10/49€53,200
Equity10/15€25,885
Contributions10/11€41,330
Capital10€41,330
Issued capital100€41,330
Profit (loss) carried forward14-€15,445
Amounts payable17/49€27,315
Amounts payable within one year42/48€27,315
Trade debts44€3,396
Suppliers440/4€3,396
Taxes, remuneration and social security45€23,919
Taxes450/3€9,773
Remuneration and social security454/9€14,146
Line2024
Profit (loss) for the period9904-€15,445
Operating cash flow (approximation)-€15,445

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 61 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Brussel · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
55 m²
Building footprint
55 m²
Volume, LiDAR
724 m³
Parcel 21815D0115/00D003, Brussels · tallest building 15.8 m, ±5 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Bijouterie SAM
Maria-Christinastraat 157, 1020 BrusselRetail sale of watches and jewellery
since 20242.357.261.237
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21815D0115/00D003 Brussels 54 m² 1 · 55 m² 15.8 m · 5 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.

Similar companies · same sector, comparable size

Of 2,017 companies in sector 47770 we hold annual accounts for 899. 540 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded21-12-2023
Fiscal year end31-12
Activities, NACEBEL 2025
47770Retail sale of watches and jewellery
E-invoicing
Reachable via Peppol
Peppol ID 0208:1003731155
Also 9925:BE1003731155
Registered 04-02-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.