SAMIR
ActiveFinancials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 5 November 2026.
Annual accounts 2024 filed on 18-02-2026 PDF all 9 filings
Turnover
≈ €320,000
Estimated: probably between €210,000 and €480,000
Total assets
€56,082▲ 66.1%
2023 · €33,758
Net result
€17,835▲ 168%
2023 · €6,664
Working capital
€7,740
2023 · -€13,365
Multi-year overview
2018 to 2024, 7 financial yearsOperating result
€21,944
▲ 222%
2024
20182024
Net result
€17,835
▲ 168%
2024
middle half of the sector
20182024
Equity
€14,225
2024
middle half of the sector
20182024
Total assets
€56,082
▲ 66.1%
2024
lowest quarter of the sector
20182024
Debt
€41,857
▲ 12.0%
2024
20182024
Working capital
€7,740
2024
middle half of the sector
20182024
Solvency
25.4%
▲ 36.1pp
2024
middle half of the sector
20182024
Current ratio
1.18
▲ 0.54
2024
middle half of the sector
20182024
Return on assets (ROA)
31.8%
▲ 12.1pp
2024
highest quarter of the sector
20182024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Operating result€849--€7,517€7,502-€755€1,583€6,809▲ 330%€21,944▲ 222%
Net result€1,011--€7,407€7,812within the sector's middle half-€804within the sector's middle half-€1,905within the sector's middle half▼ 137%€6,664within the sector's middle half€17,835within the sector's middle half▲ 168%
Equity-€7,969--€15,376▼ 92.9%-€7,564below the sector's middle half▲ 50.8%-€8,368below the sector's middle half▼ 10.6%-€10,274below the sector's middle half▼ 22.8%-€3,610below the sector's middle half▲ 64.9%€14,225within the sector's middle half
Total assets€13,816-€27,223▲ 97.0%€23,472below the sector's middle half▼ 13.8%€28,431below the sector's middle half▲ 21.1%€35,116below the sector's middle half▲ 23.5%€33,758below the sector's middle half▼ 3.9%€56,082below the sector's middle half▲ 66.1%
Debt€21,785-€42,599▲ 95.5%€31,036▼ 27.1%€36,800▲ 18.6%€45,389▲ 23.3%€37,368▼ 17.7%€41,857▲ 12.0%
Working capital-€16,987--€25,684▼ 51.2%-€13,166below the sector's middle half▲ 48.7%-€12,022below the sector's middle half▲ 8.7%-€11,178below the sector's middle half▲ 7.0%-€13,365below the sector's middle half▼ 19.6%€7,740within the sector's middle half
Solvency-57.7%--56.5%▲ 1.2pp-32.2%below the sector's middle half▲ 24.3pp-29.4%below the sector's middle half▲ 2.8pp-29.3%below the sector's middle half▲ 0.2pp-10.7%below the sector's middle half▲ 18.6pp25.4%within the sector's middle half▲ 36.1pp
Current ratio0.22-0.40▲ 0.180.58below the sector's middle half▲ 0.180.67below the sector's middle half▲ 0.100.75below the sector's middle half▲ 0.080.64below the sector's middle half▼ 0.111.18within the sector's middle half▲ 0.54
Return on assets (ROA)7.3%--27.2%▼ 34.5pp33.3%above the sector's middle half▲ 60.5pp-2.8%below the sector's middle half▼ 36.1pp-5.4%below the sector's middle half▼ 2.6pp19.7%above the sector's middle half▲ 25.2pp31.8%above the sector's middle half▲ 12.1pp
above
within
below
The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2024 is over 3.2 times that of 2023 and the highest since 2018. It is the third rise in a row, after the fall in 2021.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €56,082
Fixed assets
€6,485 ▼ 33.5%
Current assets
€49,597 ▲ 107%
Equity and liabilities €56,082
Equity
€14,225
Debt
€41,857
Debt's share of the balance-sheet total is 74.6%.
Key figures and ratios
EBITDA
€25,214▲
2023 · €10,158
Cash flow
€21,105▲
2023 · €10,013
Debt to equity
2.94
ROE
125.4%
Interest coverage
65.63▲
2023 · 39.80
Debt ≤ 1 year
€41,857▲
2023 · €37,368
Income taxes
€3,724
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Tangible fixed assets | €536 | €1,100 | - | €12,200 | - |
| Depreciation and write-downs of the year | €5,241 | €3,049 | €2,749 | €3,349 | €3,270 |
Source: notes to the 2020 to 2024 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2023 · 1 entry · €2,000 awarded · €2,000 paidSchemes
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €469 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,498 | €8,198 | €5,241 | €3,049 | €2,749 | €3,349 | €3,270 | ▼ 2.4% |
| Other operating charges640/8 | - | - | €1,461 | €1,122 | €1,286 | €522 | €2,038 | ▲ 291% |
| Gross operating margin9900 | €9,072 | €1,600 | €14,205 | €3,416 | €6,087 | €10,679 | €27,252 | ▲ 155% |
| Operating profit (loss)9901 | €849 | -€7,517 | €7,502 | -€755 | €1,583 | €6,809 | €21,944 | ▲ 222% |
| Financial income75/76B | - | - | €347 | €202 | - | €110 | - | - |
| Recurring financial income75 | €213 | €198 | €347 | €202 | - | €110 | - | - |
| Financial charges65/66B | - | - | €37 | €251 | €349 | €255 | €384 | ▲ 50.6% |
| Recurring financial charges65 | €52 | €87 | €37 | €251 | €349 | €255 | €384 | ▲ 50.6% |
| Profit (loss) for the period before taxes9903 | €1,011 | -€7,407 | €7,812 | -€804 | €1,234 | €6,664 | €21,560 | ▲ 224% |
| Income taxes67/77 | - | - | - | - | €3,139 | - | €3,724 | - |
| Profit (loss) for the period9904 | €1,011 | -€7,407 | €7,812 | -€804 | -€1,905 | €6,664 | €17,835 | ▲ 168% |
| Profit (loss) for the period to be appropriated9905 | €1,011 | -€7,407 | €7,812 | -€804 | -€1,905 | €6,664 | €17,835 | ▲ 168% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €13,816 | €27,223 | €23,472 | €28,431 | €35,116 | €33,758 | €56,082 | ▲ 66.1% |
| Fixed assets21/28 | €9,018 | €10,307 | €5,602 | €3,653 | €904 | €9,755 | €6,485 | ▼ 33.5% |
| Tangible fixed assets22/27 | €9,018 | €10,307 | €5,602 | €3,653 | €904 | €9,755 | €6,485 | ▼ 33.5% |
| Plant, machinery and equipment23 | - | - | - | €935 | €770 | €605 | €385 | ▼ 36.4% |
| Furniture and vehicles24 | - | - | €5,302 | €2,718 | €134 | €9,150 | €6,100 | ▼ 33.3% |
| Other tangible fixed assets26 | - | - | €300 | - | - | - | - | - |
| Current assets29/58 | €4,798 | €16,916 | €17,870 | €24,778 | €34,212 | €24,003 | €49,597 | ▲ 107% |
| Amounts receivable within one year40/41 | €56 | €453 | €450 | €450 | €450 | €1,257 | €18,457 | ▲ 15× |
| Trade receivables40 | - | - | €450 | €450 | €450 | €450 | €17,390 | ▲ 39× |
| Other amounts receivable41 | - | - | - | - | - | €807 | €1,067 | ▲ 32.2% |
| Current investments50/53 | - | - | - | - | €33,762 | - | - | - |
| Cash at bank and in hand54/58 | €4,742 | €16,462 | €17,420 | €24,328 | - | €22,746 | €31,140 | ▲ 36.9% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €13,816 | €27,223 | €23,472 | €28,431 | €35,116 | €33,758 | €56,082 | ▲ 66.1% |
| Equity10/15 | -€7,969 | -€15,376 | -€7,564 | -€8,368 | -€10,274 | -€3,610 | €14,225 | - |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | €18,600 | - | €18,600 | €18,600 | €18,600 | = |
| Issued capital100 | - | - | €18,600 | - | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€26,569 | -€33,976 | -€26,164 | -€26,968 | -€28,874 | -€22,210 | -€4,375 | ▲ 80.3% |
| Amounts payable17/49 | €21,785 | €42,599 | €31,036 | €36,800 | €45,389 | €37,368 | €41,857 | ▲ 12.0% |
| Amounts payable within one year42/48 | €21,785 | €42,599 | €31,036 | €36,800 | €45,389 | €37,368 | €41,857 | ▲ 12.0% |
| Trade debts44 | €1,069 | €12,553 | €14,192 | €13,752 | €8,914 | €17,210 | €15,129 | ▼ 12.1% |
| Suppliers440/4 | - | - | €14,192 | €13,752 | €8,914 | €17,210 | €15,129 | ▼ 12.1% |
| Taxes, remuneration and social security45 | - | - | €1,808 | €5,379 | €5,545 | €1,791 | €4,428 | ▲ 147% |
| Taxes450/3 | - | - | €608 | €579 | €277 | €794 | €2,228 | ▲ 180% |
| Remuneration and social security454/9 | - | - | €1,200 | €4,800 | €5,269 | €997 | €2,200 | ▲ 121% |
| Other amounts payable47/48 | - | - | €15,036 | €17,669 | €30,929 | €18,367 | €22,299 | ▲ 21.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,011 | -€7,407 | €7,812 | -€804 | -€1,905 | €6,664 | €17,835 | ▲ 168% |
| + Depreciation and write-downs630 | €6,498 | €8,198 | €5,241 | €3,049 | €2,749 | €3,349 | €3,270 | ▼ 2.4% |
| Operating cash flow (approximation) | €7,509 | €791 | €13,054 | €2,245 | €844 | €10,013 | €21,105 | ▲ 111% |
| Investment in fixed assets (approximation) | - | -€9,488 | -€536 | -€1,100 | €0 | -€12,200 | €0 | - |
| Change in cash | - | €11,721 | €957 | €6,908 | - | - | €8,394 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 5,053 companies had the same profile as SAMIR has now. Two years later, 95.8% were still going and 1.6% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
95.8%
was still going
2.4%
stopped otherwise
1.6%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SAMIR itself is higher: 4.2% within 12 months. It rests on far more data about SAMIR than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,053 companies, not a prediction for SAMIR. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 18-02-2026 | 2026-00040129 | |
| 31-12-2023 | micro format | 17-10-2024 | 2024-00510956 | |
| 31-12-2022 | micro format | 10-09-2023 | 2023-00446441 | |
| 31-12-2021 | micro format | 29-12-2022 | 2023-20551221 | |
| 31-12-2020 | micro format | 29-12-2022 | 2023-20551296 | |
| 31-12-2019 | micro format | 27-01-2021 | 2021-02400140 | |
| 31-12-2018 | micro format | 08-12-2019 | 2019-76000064 | |
| 31-12-2017 | micro format | 04-10-2018 | 2018-68800094 | |
| 31-12-2016 | abbreviated format | 17-12-2017 | 2017-72300404 |