Samwise
Open bankruptcyFinancials · financial year 2024, abbreviated format
2024 annual accounts filed late (162 days) Filed on 9 January 2026, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2026-00004732.
Equity
-€558,499
2023 · €121,989
Total assets
€540,487▼ 65.8%
2023 · €1.6m
Net result
-€680,488
2023 · €86,956
Working capital
-€69,938▲ 77.0%
2023 · -€304,080
Trend over the years
2022 to 2024, 3 financial years
The operating result turns negative in 2024: a loss of €280,231 after €127,792 in 2023, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.3m
2024
Net result-€0.7m
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€0.5m
2024
Equity-€0.6m
2024
Debt€1.1m
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€0.07m
2024
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line202220232024
Operating result€0.06m-€0.1m▲ 129%-€0.3m
Net result€0.03m-€0.09m▲ 200%-€0.7m
Equity€0.04m-€0.1m▲ 248%-€0.6m
Total assets€1.0m-€1.6m▲ 62.3%€0.5m▼ 65.8%
Debt€0.9m-€1.5m▲ 55.4%€1.1m▼ 24.5%
Working capital-€0.2m--€0.3m▼ 90.9%-€0.07m▲ 77.0%
Staff (FTE)0
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Key figures and ratios
Solvency
-103.3%▼
2023 · 7.7%
Current ratio
0.89▲
2023 · 0.67
ROA
-125.9%▼
2023 · 5.5%
Debt ≤ 1 year
€610,425▼
2023 · €913,364
Debt > 1 year
€486,807▼
2023 · €540,033
Income taxes
€17,711▼
2023 · €29,000
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28,430 | €0 | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €262,664 | - |
| Other operating charges640/8 | - | €1,534 | €1,915 | ▲ 24.8% |
| Gross operating margin9900 | €84,294 | €129,327 | -€15,652 | - |
| Operating profit (loss)9901 | €55,864 | €127,792 | -€280,231 | - |
| Financial income75/76B | - | €8,501 | €366,376 | ▲ 43× |
| Recurring financial income75 | - | €8,501 | €14,176 | ▲ 66.8% |
| Non-recurring financial income76B | - | - | €352,200 | - |
| Financial charges65/66B | €17,154 | €20,337 | €748,922 | ▲ 37× |
| Recurring financial charges65 | €17,154 | €20,337 | €28,922 | ▲ 42.2% |
| Non-recurring financial charges66B | - | - | €720,000 | - |
| Profit (loss) for the period before taxes9903 | €38,710 | €115,956 | -€662,777 | - |
| Income taxes67/77 | €9,678 | €29,000 | €17,711 | ▼ 38.9% |
| Profit (loss) for the period9904 | €29,033 | €86,956 | -€680,488 | - |
| Profit (loss) for the period to be appropriated9905 | €29,033 | €86,956 | -€680,488 | - |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €1.0m | €1.6m | €0.5m | ▼ 65.8% |
| Fixed assets21/28 | €0.7m | €1.0m | €0 | ▼ 100% |
| Financial fixed assets28 | €0.7m | €1.0m | €0 | ▼ 100% |
| Current assets29/58 | €0.3m | €0.6m | €0.5m | ▼ 11.3% |
| Amounts receivable within one year40/41 | €0.3m | €0.6m | €0.5m | ▼ 8.4% |
| Trade receivables40 | €0.3m | €0.3m | €0.003m | ▼ 99.2% |
| Other amounts receivable41 | - | €0.3m | €0.5m | ▲ 108% |
| Cash at bank and in hand54/58 | €0.001m | €0.02m | €32 | ▼ 99.8% |
| Deferred charges and accrued income490/1 | - | - | €0.002m | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €1.0m | €1.6m | €0.5m | ▼ 65.8% |
| Equity10/15 | €0.04m | €0.1m | -€0.6m | - |
| Contributions10/11 | €0.006m | €0.006m | €0.006m | = |
| Reserves13 | €0.03m | €0.1m | €0 | ▼ 100% |
| Distributable reserves133 | €0.03m | €0.1m | €0 | ▼ 100% |
| Profit (loss) carried forward14 | - | - | -€0.6m | - |
| Amounts payable17/49 | €0.9m | €1.5m | €1.1m | ▼ 24.5% |
| Amounts payable after more than one year17 | €0.5m | €0.5m | €0.5m | ▼ 9.9% |
| Financial debts170/4 | €0.5m | €0.5m | €0.4m | ▼ 11.8% |
| Other amounts payable178/9 | - | €0.07m | €0.07m | ▲ 2.9% |
| Amounts payable within one year42/48 | €0.4m | €0.9m | €0.6m | ▼ 33.2% |
| Current portion of amounts payable after more than one year42 | €0.06m | €0.06m | €0.08m | ▲ 26.7% |
| Financial debts43 | €0.1m | €0.4m | €0.4m | ▼ 8.5% |
| Credit institutions430/8 | €0.1m | €0.1m | €0.1m | ▲ 7.2% |
| Other loans439 | - | €0.3m | €0.3m | ▼ 13.7% |
| Trade debts44 | €0.2m | €0.2m | €0.01m | ▼ 95.5% |
| Suppliers440/4 | €0.2m | €0.2m | €0.01m | ▼ 95.5% |
| Taxes, remuneration and social security45 | €0.02m | €0.05m | €0.08m | ▲ 64.4% |
| Taxes450/3 | €0.02m | €0.05m | €0.08m | ▲ 64.4% |
| Other amounts payable47/48 | €0 | €0.1m | €0.07m | ▼ 53.4% |
| Accrued charges and deferred income492/3 | - | €0.003m | €0.002m | ▼ 37.3% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €29,033 | €86,956 | -€680,488 | - |
| + Depreciation and write-downs630 | €28,430 | €0 | - | - |
| Operating cash flow (approximation) | €57,463 | €86,956 | -€680,488 | - |
| Investment in fixed assets (approximation) | - | -€248,900 | €968,900 | - |
| Change in cash | - | €20,075 | -€20,769 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | abbreviated format | 09-01-2026 | 2026-00004732 |
| 31-12-2023 | abbreviated format | 26-11-2024 | 2024-00604381 |
| 31-12-2022 | micro format | 30-05-2023 | 2023-00097836 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.