SAMUEL
ActiveSummary
SAMUEL has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€105,554) and a net result of -€378. Equity remains stable across the filed fiscal years (±0.4% per year). The computed 12-month bankruptcy probability is 0.7% (low).
Financials · fiscal year 2025, micro schema
2021 to 2025, 5 fiscal years 2018 to 2025, 8 fiscal years
The operating result stays negative: a loss of €333 in 2025 against €657 in 2024; the loss shrinks.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 6,621 companies that looked in July 2024 the way this one looks now, 4.5% 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
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.7% 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 497,450 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 6,621 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,805 | - | - | - | - | - | - | - | - |
| Gross operating margin9900 | €1,431 | -€1,217 | €81 | €48 | -€217 | -€1,478 | -€657 | -€333 | ▲ 49.3% |
| Operating profit (loss)9901 | -€3,470 | -€1,344 | -€36 | €48 | -€217 | -€1,478 | -€657 | -€333 | ▲ 49.3% |
| Financial charges65/66B | - | - | - | €54 | €45 | €39 | €45 | €45 | = |
| Recurring financial charges65 | €251 | €95 | €94 | €54 | €45 | €39 | €45 | €45 | = |
| Profit (loss) for the period before taxes9903 | -€3,721 | €11,701 | -€131 | -€7 | -€262 | -€1,517 | -€702 | -€378 | ▲ 46.1% |
| Profit (loss) for the period9904 | -€3,721 | €11,701 | -€131 | -€7 | -€262 | -€1,517 | -€702 | -€378 | ▲ 46.1% |
| Profit (loss) for the period to be appropriated9905 | -€3,721 | €11,701 | -€131 | -€7 | -€262 | -€1,517 | -€702 | -€378 | ▲ 46.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €29,777 | €35,999 | €29,181 | €32,276 | €34,915 | €1,733 | €138 | €90 | ▼ 34.6% |
| Current assets29/58 | €29,777 | €35,999 | €29,181 | €32,276 | €34,915 | €1,733 | €138 | €90 | ▼ 34.6% |
| Amounts receivable within one year40/41 | €2,477 | €930 | €47 | €67 | €51 | €305 | - | - | - |
| Other amounts receivable41 | - | - | - | €67 | €51 | €305 | - | - | - |
| Cash at bank and in hand54/58 | €27,249 | €35,069 | €29,134 | €32,208 | €34,864 | €1,428 | €138 | €90 | ▼ 34.6% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €29,777 | €35,999 | €29,181 | €32,276 | €34,915 | €1,733 | €138 | €90 | ▼ 34.6% |
| Equity10/15 | -€114,259 | -€102,558 | -€102,689 | -€102,695 | -€102,957 | -€104,475 | -€105,176 | -€105,554 | ▼ 0.4% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | -€120,459 | -€108,758 | -€108,889 | -€108,895 | -€109,157 | -€110,675 | -€111,376 | -€111,754 | ▼ 0.3% |
| Amounts payable17/49 | €144,036 | €138,557 | €131,870 | €134,971 | €137,873 | €106,208 | €105,314 | €105,645 | ▲ 0.3% |
| Amounts payable after more than one year17 | €116,000 | €116,000 | €116,000 | €116,000 | €116,000 | €83,000 | €83,000 | €83,000 | = |
| Financial debts170/4 | - | - | - | €116,000 | €116,000 | €83,000 | €83,000 | €83,000 | = |
| Amounts payable within one year42/48 | €24,969 | €22,337 | €15,771 | €18,726 | €21,798 | €23,208 | €22,314 | €22,645 | ▲ 1.5% |
| Trade debts44 | - | €346 | - | - | €85 | €495 | €1,203 | €333 | ▼ 72.3% |
| Suppliers440/4 | - | - | - | - | €85 | €495 | €1,203 | €333 | ▼ 72.3% |
| Other amounts payable47/48 | - | - | - | €18,726 | €21,713 | €22,713 | €21,112 | €22,312 | ▲ 5.7% |
| Accrued charges and deferred income492/3 | - | - | - | €245 | €75 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,721 | €11,701 | -€131 | -€7 | -€262 | -€1,517 | -€702 | -€378 | ▲ 46.1% |
| + Depreciation and write-downs630 | €4,805 | - | - | - | - | - | - | - | - |
| Operating cash flow (approximation) | €1,085 | €11,701 | -€131 | -€7 | -€262 | -€1,517 | -€702 | -€378 | ▲ 46.1% |
| Change in cash | - | €7,820 | -€5,934 | €3,074 | €2,655 | -€33,435 | -€1,290 | -€48 | ▲ 96.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.