Turnover
The micro format states no turnover.
The micro format states no turnover.
Green is investment, beige is depreciation.
Short-term debts fell from €19,205 to €12,918.
The dashed line is the sector median: 0.2% across 12,676 companies (NACE 82, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, micro). It does better than 88% of them on solvency, 42% on liquidity, 87% on profitability and 80% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 39,278 companies had the same profile as SAMIZDAT has now. Each dot stands for 99 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SAMIZDAT itself: 0.5% within 12 months.
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 39,278 companies, not a prediction for SAMIZDAT. 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.
Liquidity is ample, with a current ratio of 5.79 (3.19 in 2024), above the usual 1.5. Short-term debt is 16.8% and cash 4.4% of total assets. 16.8% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 2 accounts on average 1 day before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| SAMIZDAT Saint-Josse-ten-Noode | €77,115 | €28,617 | 83.2% | - |
| FINASSISTANCE Forest | €77,856 | €25,916 | 89.0% | - |
| SP Solutions Ixelles | €82,646 | €24,102 | 85.6% | - |
| Setfor Uccle | €63,025 | €30,745 | 93.3% | - |
| Numbrup Aalst | €77,700 | €30,213 | 17.8% | - |
| Cleuren Connect Tongeren-Borgloon | €67,504 | €27,697 | 84.1% | - |
| Wibelko Sint-Truiden | €82,571 | €29,846 | 27.2% | - |
These companies have the same main activity as SAMIZDAT: other business support services (NACE 82990). They are comparable in size and age: total assets between €63,000 and €82,600, founded between 2023 and 2024.
SAMIZDAT has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €64,197 and a net result of €22,075.
Its solvency ranks better than 83% of 9,675 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €71,000. Estimated: probably between €44,000 and €95,000.
Higher than 83% of 9,675 companies in 2025.
Higher than 83% of 9,295 companies in 2025.
Higher than 73% of 9,419 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
Total assets20/58 |
77,115 | 61,327 | |
Fixed assets21/28 |
2,320 | - | |
Tangible fixed assets22/27 |
2,320 | - | |
Furniture and vehicles24 |
2,320 | - | |
Current assets29/58 |
74,795 | 61,327 | |
Amounts receivable within one year40/41 |
29,432 | 43,967 | |
Trade receivables40 |
0 | 22,594 | |
Other amounts receivable41 |
29,432 | 21,374 | |
Current investments50/53 |
42,003 | 13,000 | |
Cash at bank and in hand54/58 |
3,361 | 4,033 | |
Deferred charges and accrued income490/1 |
0 | 327 | |
| Balance sheet: equity and liabilities | |||
Total equity and liabilities10/49 |
77,115 | 61,327 | |
Equity10/15 |
64,197 | 42,122 | |
Contributions10/11 |
2,000 | 2,000 | |
Profit (loss) carried forward14 |
62,197 | 40,122 | |
Amounts payable17/49 |
12,918 | 19,205 | |
Amounts payable within one year42/48 |
12,918 | 19,205 | |
Trade debts44 |
529 | 2,060 | |
Suppliers440/4 |
529 | 2,060 | |
Taxes, remuneration and social security45 |
12,388 | 17,145 | |
Taxes450/3 |
12,388 | 17,145 | |
| Income statement | |||
Gross operating margin9900 |
28,617 | 50,591 | |
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 |
43 | - | |
Other operating charges640/8 |
800 | 387 | |
Operating profit (loss)9901 |
27,774 | 50,204 | |
Financial income75/76B |
4 | - | |
Recurring financial income75 |
4 | - | |
Financial charges65/66B |
84 | 51 | |
Recurring financial charges65 |
84 | 51 | |
Profit (loss) for the period before taxes9903 |
27,694 | 50,153 | |
Income taxes67/77 |
5,619 | 10,031 | |
Profit (loss) for the period9904 |
22,075 | 40,122 | |
Profit (loss) for the period to be appropriated9905 |
22,075 | 40,122 | |
| Appropriation of the result | |||
Profit (loss) to be appropriated9906 |
62,197 | 40,122 | |
Profit (loss) brought forward from the previous period14P |
40,122 | - | |
| Document | |||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 08-07-2026.
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| EBITDA | 27,817 | - | |
| Cash flow | 22,118 | - | |
| Investment in fixed assets | 2,363 | - | |
| Change in cash | -672 | - | |
| Working capital | 61,878 | 42,122 | |
| Solvency | 83.2% | 68.7% | |
| Current ratio | 5.79 | 3.19 | |
| Debt to equity | 0.20 | 0.46 | |
| ROE | 34.4% | 95.3% | |
| ROA | 28.6% | 65.4% | |
| Interest coverage | over 100 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €2,363 | - |
| Depreciation and write-downs of the year | €43 | - |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 45% lower than in 2024.
Debt's share of the balance-sheet total falls from 31.3% to 16.8%. Equity is higher and debt is lower.
SAMIZDAT has no parent and no holdings in its annual accounts. DUFRASNES Réjane Laetitia Manon is the only director. SAMIZDAT shares no director with another company.
| Girard, Paloma (sole trader)
establishment since 13-10-2025 |
founded in 2025 1029.671.034 |
| ASSOCIATION DES COPROPRIETAIRES TIBERGHIEN 14 à 1210 Saint-Josse-ten-Node, rue Tiberghien 14
registered office since 15-06-2022 |
founded in 2022 0787.287.335 |
| Girard, Maxence (sole trader)
establishment since 01-06-2015 |
founded in 2015 0631.692.803 |
Deadline for the 2026 accounts: 31-07-2027
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Tiberghienstraat 14 registered office 1210 Saint-Josse-ten-Noode | 27-03-2024 | 2.358.273.205 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21572B0583/00P005 | 147 m² | 1 · 112 m² | 18.3 m · 5 |
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