Equity
-€14,594
Debts exceed assets in financial year 2025.
SAMYN
Lifetime
5 annual accounts with figures on one time axispeak €24,702 (2021)
€11,187▲ €46,750
lowest -€46,206 (2024)
€3,247▲ €49,453
peak €28,364 (2023)
-€14,594▲ €3,247
€103,525▲ 7.6%
Board1 name since 2021
1 directorSAMYN Sander Thomas
Documentsfilings and deeds
23-08-202623 days late
2025micro format
Gross margin from -€35,563 to €11,187Back to profit: €3,247Equity from -€17,841 to -€14,594Cash from €107 to €14,727
Key points
from the 2025 annual accountsTurnover
≈ €94,000 estimated
The micro format states no turnover.
Debts
€103,525 116% of the balance sheet
Suppliers 4%Taxes and wages 1%Other 96%
Filings
5 annual accounts 5 late
The 2021 accounts came latest: 58 days after the end of the period.
Starting capital
€2,000 100 shares
Position in the sector
-€14,594
Less equity than 95% of companies in specialised construction. Sector median €57,691 · 35,148 companies.
Checked score
54
Fair
Financially stronger than 32% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 3.1%
01-2025: 3.0%▼ -0.1 percentage points vs 12-2024
02-2025: 3.0%● unchanged vs 01-2025
03-2025: 2.8%▼ -0.2 percentage points vs 02-2025
04-2025: 2.9%▲ +0.1 percentage points vs 03-2025
05-2025: 3.0%▲ +0.1 percentage points vs 04-2025
06-2025: 3.0%● unchanged vs 05-2025
07-2025: 3.1%▲ +0.1 percentage points vs 06-2025
08-2025: 3.8%▲ +0.7 percentage points vs 07-2025
09-2025: 4.1%▲ +0.3 percentage points vs 08-2025
10-2025: 4.1%● unchanged vs 09-2025
11-2025: 4.1%● unchanged vs 10-2025
12-2025: 4.1%● unchanged vs 11-2025
01-2026: 4.0%▼ -0.1 percentage points vs 12-2025
02-2026: 4.0%● unchanged vs 01-2026
03-2026: 3.9%▼ -0.1 percentage points vs 02-2026
04-2026: 3.7%▼ -0.2 percentage points vs 03-2026
05-2026: 3.8%▲ +0.1 percentage points vs 04-2026
06-2026: 3.7%▼ -0.1 percentage points vs 05-2026
07-2026: 3.7%● unchanged vs 06-2026
08-2026: 4.6%▲ +0.9 percentage points vs 07-2026highest value
09-2026: 1.5%▼ -3.1 percentage points vs 08-2026
10-2026: 1.4%▼ -0.1 percentage points vs 09-2026lowest value
11-2026: 1.4%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€14,594
Founded in 2021
lowers risk
Liquidity: current ratio 0.76, cash €14,727
Size: total assets €88,931
Calculation
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 43, micro). It does better than 6% of them on solvency, 12% on liquidity, 45% on profitability and 66% on growth.
The bankruptcy probability was computed on 09-11-2026 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 low class on 30-06-2025, 0.8% 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).
Comparable companies, two years later
In July 2024, 906 companies had the same profile as SAMYN has now. Each dot stands for 3 companies, two years later.
89.4%
were still trading
4.1%
stopped another way
6.1%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SAMYN itself: 1.4% within 12 months.
Test of the method
The method was tested on the 497,447 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 906 companies, not a prediction for SAMYN. 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.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.76 (0.72 in 2024), below 1. Short-term debt is 116.4% and cash 16.6% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 35136 sector peers (2025).
NBB · sector comparisonPosition among 35136 sector peers
Solvency
better than 7%
← weakest
strongest →
raises risk · 2025 accounts filed 23 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-08-2026, 23 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filingsDeviation from the deadline
2025
23 days late
2024
22 days late
2023
9 days late
2022
25 days late
2021
58 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 27 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0765678606
Incorporation
Founding capital of €2,000, 100 shares · Founder: SAMYN Sander Thomas · Appointment: SAMYN Sander Thomas (director) · published on 29-03-2021 · Gazette deed
First establishment
Koningin Astridlaan 136, Merelbeke-Melle
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SAMYN Merelbeke-Melle | €88,931 | €11,187 | -16.4% | - |
| ZAY BATIMENT Aalst | €84,132 | €13,923 | 42.8% | - |
| Decoster verwarming & sanitair Bilzen-Hoeselt | €91,950 | €11,086 | 32.8% | - |
| HS TECH Machelen (Brab.) | €94,150 | €11,615 | 84.2% | - |
| Loïc Flohimont Chauffage Sanitaire Héron | €88,992 | €12,585 | 71.3% | - |
| MDO Utilities Zottegem | €121,287 | €13,198 | 63.8% | 0 |
| MT TUINEN Brakel | €66,755 | €15,758 | -18.0% | - |
These companies have the same main activity as SAMYN: plumbing work (NACE 43221). They are comparable in size and age: total assets between €66,800 and €121,000, founded between 2019 and 2021.
Official details
Source: KBO- Status
- Active since 25-03-2021Normal situation
- Activity
- Plumbing workNACE 43221and 1 other
- Establishment unit
- 2.314.946.8679820 Merelbeke-Melle, since 25-03-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 30-11-2024
Insights on SAMYN
SAMYN files the micro format. That format states no turnover. The gross margin fell from €24,702 in 2021 to €11,187 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SAMYN
- What is the company number of SAMYN?
- The company number of SAMYN is 0765.678.606. The VAT number is the same number with BE in front: BE 0765.678.606.
- Where is SAMYN based?
- The registered office is at Koningin Astridlaan 136, 9820 Merelbeke-Melle.Company details
- What does SAMYN do?
- According to the KBO register, the main activity is plumbing work (NACE 43221).
- What is the legal form of SAMYN?
- SAMYN is a private limited company (BV).
- When was SAMYN founded?
- SAMYN was founded on 25-03-2021.
- Is SAMYN still active?
- Yes, SAMYN is an active enterprise in the KBO register.
- What is the turnover of SAMYN?
- The turnover in financial year 2025 is ≈ €94,000. This figure is estimated from the gross margin of €11,187 and 37 comparable companies (NACE 43221). It probably lies between €71,000 and €210,000. It is a rough estimate.Financials
- Is SAMYN profitable?
- In financial year 2025, SAMYN made a profit of €3,247.
- Where can I find the annual accounts of SAMYN?
- SAMYN filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SAMYN due?
- SAMYN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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