ACTIVE

SAMARCANDE

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Financial year 2025 · closed on 31/12/2025

Net result

20,7 k €

-30.3% YoY

Gross margin

57,8 k €

-14.0% YoY

Equity

106,1 k €

-23.2% YoY

What does SAMARCANDE do?

SAMARCANDE is a Private limited company incorporated in 2004. Its main activity is: Market research and public opinion polling. Its registered office is in Schaerbeek.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0867.693.605

Incorporation

07/10/2004

Legal form

Private limited company

Registered office

Rue des Ailes 22
1030 Schaerbeek · BruxellesSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Activities (NACE)

73200Market research and public opinion polling· main 73200Market research and public opinion polling 74131Specialised design activities 62020Computer consultancy activities 62200Computer programming, consultancy and related activities 72100Research and experimental development on natural sciences and engineering

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	57,8 k €	-14.0%	67,3 k €	+1064%	5,8 k €	-84.3%	36,7 k €	+177%	13,2 k €	-77.5%	58,7 k €	+45.9%	40,2 k €	-46.0%	74,5 k €	+14.7%	64,9 k €	-30.1%	92,9 k €	+117%	42,8 k €	-48.0%	82,3 k €	+14.0%	72,2 k €	+17.7%	61,4 k €	-27.9%	85,2 k €	+28.6%	66,2 k €	+43.6%	46,1 k €	-35.8%	71,8 k €	+44.0%	49,9 k €	+55.4%	32,1 k €
EBITDA	55 k €	-14.1%	64 k €	+1979%	3,1 k €	-91.0%	34,1 k €	+312%	8,3 k €	-85.2%	56 k €	+47.5%	38 k €	-47.5%	72,3 k €	+17.1%	61,8 k €	-31.3%	90 k €	+122%	40,5 k €	-48.7%	78,9 k €	+13.4%	69,6 k €	+18.7%	58,6 k €	-28.6%	82 k €	+28.4%	63,9 k €	+51.9%	42,1 k €	-39.4%	69,5 k €	+46.4%	47,4 k €	+56.8%	30,3 k €
Operating result	36,9 k €	-19.9%	46 k €	+420%	-14,4 k €	-183%	17,3 k €	+341%	-7,2 k €	-117%	41,2 k €	+82.1%	22,6 k €	-54.1%	49,3 k €	+28.7%	38,4 k €	-42.0%	66,2 k €	+461%	11,8 k €	-77.0%	51,4 k €	+5.9%	48,5 k €	+28.9%	37,6 k €	-32.5%	55,8 k €	+27.6%	43,7 k €	+104%	21,4 k €	-58.1%	51,1 k €	+74.3%	29,3 k €	+59.5%	18,4 k €
Net result	20,7 k €	-30.3%	29,7 k €	+320%	-13,5 k €	-225%	10,8 k €	+415%	-3,4 k €	-110%	35,5 k €	+114%	16,6 k €	-54.0%	36,2 k €	+49.5%	24,2 k €	-38.7%	39,5 k €	+3537%	-1,1 k €	-105%	23,1 k €	+6.8%	21,6 k €	+55.6%	13,9 k €	-41.2%	23,6 k €	+52.9%	15,5 k €	+3541%	-449 €	-102%	28,5 k €	+160%	11 k €	+10961%	99 €
Balance sheet
Equity	106,1 k €	-23.2%	138,2 k €	+27.4%	108,5 k €	-46.8%	204 k €	+5.6%	193,2 k €	-18.0%	235,5 k €	+17.8%	200 k €	+9.1%	183,4 k €	+24.6%	147,2 k €	+19.6%	123,1 k €	+47.2%	83,6 k €	-1.4%	84,8 k €	+37.4%	61,7 k €	+53.9%	40,1 k €	+53.0%	26,2 k €	+921%	2,6 k €	+120%	-12,9 k €	-3.6%	-12,4 k €	+69.6%	-40,9 k €	+21.1%	-51,9 k €
Total assets	262,5 k €	-12.4%	299,6 k €	-3.5%	310,4 k €	-21.5%	395,3 k €	-10.5%	441,5 k €	-7.8%	478,8 k €	+4.0%	460,4 k €	+0.3%	459,2 k €	-9.5%	507,5 k €	-1.1%	512,9 k €	+4.8%	489,2 k €	-2.8%	503,4 k €	+8.8%	462,8 k €	-0.6%	465,7 k €	-2.9%	479,8 k €	+4.6%	458,5 k €	+2.5%	447,4 k €	+5.4%	424,4 k €	+2.0%	416 k €	+3.2%	403,3 k €
Cash	–		974,1 €	-90.6%	10,4 k €	+2223%	447,9 €	-95.2%	9,4 k €	+157%	3,7 k €	-35.3%	5,7 k €	-36.4%	8,9 k €	-71.9%	31,6 k €	+7.8%	29,3 k €	+246%	8,5 k €	-58.5%	20,5 k €	+4446%	450 €	-87.6%	3,6 k €	-67.0%	11 k €	+173%	4 k €	+5018%	79 €	-99.7%	28,9 k €	+298%	7,3 k €	+171%	2,7 k €
Debts	146,6 k €	-4.2%	153,1 k €	-22.7%	197,9 k €	+6.3%	186,2 k €	-20.2%	233,3 k €	-3.7%	242,3 k €	-5.8%	257,3 k €	-5.2%	271,3 k €	-24.4%	359 k €	-6.5%	383,9 k €	-4.1%	400,2 k €	-2.7%	411,5 k €	+3.3%	398,5 k €	-6.0%	424 k €	-6.0%	451,3 k €	-0.5%	453,5 k €	-0.9%	457,4 k €	+5.6%	433,2 k €	-4.7%	454,5 k €	+0.2%	453,5 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

BERNARD NOEL de BURLIN

Administrator - manager

Active

Ended mandates

LORRAINE DE FIERLANT

Mandate · since 14 août 2006 · until 02 mai 2012

Ended

BERNARD NOEL de BURLIN

Manager

Ended

LORRAINE de FIERLANT

Manager · until 02 mai 2012

Ended

LORRAINE de FIERLANT

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/08/2026	08/08/2025	30/09/2024	09/10/2023	07/10/2022	31/08/2021
General meeting	26/06/2026	27/06/2025	02/05/2024	30/06/2023	30/06/2022	03/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	26/06/2026	31/08/2026	French	PDF
Micro model	31/12/2024	27/06/2025	08/08/2025	French	PDF
Micro model	31/12/2023	02/05/2024	30/09/2024	French	PDF
Micro model	31/12/2022	30/06/2023	09/10/2023	French	PDF
Micro model	31/12/2021	30/06/2022	07/10/2022	French	PDF
Micro model	31/12/2020	03/05/2021	31/08/2021	French	PDF
Micro model	31/12/2019	02/05/2020	13/08/2020	French	PDF
Micro model	31/12/2018	02/05/2019	29/08/2019	French	PDF
Micro model	31/12/2017	02/05/2018	31/08/2018	French	PDF
Micro model	31/12/2016	02/05/2017	31/08/2017	French	PDF
Abridged model	31/12/2015	02/05/2016	29/09/2016	French	PDF
Abridged model	31/12/2014	02/05/2015	26/08/2015	French	PDF
Abridged model	31/12/2013	02/05/2014	30/08/2014	French	PDF
Abridged model	31/12/2012	02/05/2013	23/06/2014	French	PDF
Abridged model	31/12/2011	02/05/2012	19/11/2012	French	PDF
Abridged model	31/12/2010	02/05/2011	31/08/2011	French	PDF
Abridged model	31/12/2009	03/05/2010	31/08/2010	French	PDF
Abridged model	31/12/2008	02/05/2009	31/08/2009	French	PDF
Abridged model	31/12/2007	02/05/2008	26/08/2008	French	PDF
Abridged model	31/12/2006	02/05/2007	02/08/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

BERNARD NOEL de BURLIN

Administrator - manager

Active

Ended mandates

LORRAINE DE FIERLANT

Mandate · since 14 août 2006 · until 02 mai 2012

Ended

BERNARD NOEL de BURLIN

Manager

Ended

LORRAINE de FIERLANT

Manager · until 02 mai 2012

Ended

LORRAINE de FIERLANT

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates22/01/2025
DEMISSIONS, NOMINATIONS, ASSEMBLEE GENERALE,
PDF
Mandates19/01/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates19/05/2014
DEMISSIONS, NOMINATIONS
PDF
Mandates06/09/2006
DEMISSIONS, NOMINATIONS
PDF
Registered office22/03/2006
SIEGE SOCIAL
PDF
Other15/10/2004
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202520,7 k €↓
2024
Annual accounts 202429,7 k €↑
2023
Annual accounts 2023-13,5 k €↓
2022
Annual accounts 202210,8 k €↑
2021
Annual accounts 2021-3,4 k €↓
2020
Annual accounts 202035,5 k €↑
2019
Annual accounts 201916,6 k €↓
2018
Annual accounts 201836,2 k €↑
2017
Annual accounts 201724,2 k €↓
2016
Annual accounts 201639,5 k €↑
2015
Annual accounts 2015-1,1 k €↓
2014
Annual accounts 201423,1 k €↑
2013
Annual accounts 201321,6 k €↑
2012
Annual accounts 201213,9 k €↓
2011
Annual accounts 201123,6 k €↑
2010
Annual accounts 201015,5 k €↑
2009
Annual accounts 2009-449 €↓
2008
Annual accounts 200828,5 k €↑
2007
Annual accounts 200711 k €↑
2006
Annual accounts 200699 €
07/10/2004
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

SAMARCANDE

Overview

What does SAMARCANDE do?

Trend over 20 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline