SOM DEVELOPMENT
ActiveSummary
SOM DEVELOPMENT has been active since 1976 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €814,499 and a net result of €37,664. Equity has been stable since 2018 (±0.3% per year). Its solvency ranks better than 46% of 11,259 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 25-03-1976 Normal situation
- Activity
- Development of residential building projects NACE 68121
- Establishment unit
- 2.012.148.006 3730 Bilzen-Hoeselt, since 01-01-1976
- Financial year end
- 31 December
- Peppol
- Reachable since 09-09-2025
Board and ownership
Board
- SOM BUILDING PROJECTSDirector · since 04-07-2023 · permanent representative SOMERS Danny Ceciel Gustaaf
Shareholders
- SOM BUILDING PROJECTS50%· score 47annual accounts 2025
- TROBEJA50%· score 91annual accounts 2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.1%
Annual accounts 2025
- Gross margin
- -€16,375
- ▼ 0.5%
- Profit
- €37,664
- Equity
- €814,499
- ▲ 4.8%
- Total assets
- €3.1m
- ▲ 19.0%
Turnover not published (abbreviated format)
Score breakdownraises riskLiquidity: current ratio 1.58, cash €521 change of registered office in 24 months1 of the last 3 accounts latelowers riskSize: total assets €3.1mShow the evidence
Checked score
Score 2025
65
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 40% of small companies in real estate (NACE 68)
Financial strength · tick: 2024
Weak
Solvency
51-4
equity 26.4% of total assets
Liquidity
17+5
short-term debt 63.3% · cash 0.0%
Profitability
41+5
return on assets 1.2%
Bankruptcy probability within 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025lowest value
03-2025: 0.2%● unchanged vs 02-2025lowest value
04-2025: 0.5%▲ +0.3 percentage points vs 03-2025
05-2025: 0.5%● unchanged vs 04-2025
06-2025: 0.6%▲ +0.1 percentage points vs 05-2025
07-2025: 0.7%▲ +0.1 percentage points vs 06-2025
08-2025: 1.0%▲ +0.3 percentage points vs 07-2025
09-2025: 1.3%▲ +0.3 percentage points vs 08-2025
10-2025: 1.4%▲ +0.1 percentage points vs 09-2025highest value
11-2025: 1.4%● unchanged vs 10-2025highest value
12-2025: 1.4%● unchanged vs 11-2025highest value
01-2026: 1.4%● unchanged vs 12-2025highest value
02-2026: 1.4%● unchanged vs 01-2026highest value
03-2026: 1.4%● unchanged vs 02-2026highest value
04-2026: 1.4%● unchanged vs 03-2026
05-2026: 1.3%▼ -0.1 percentage points vs 04-2026
06-2026: 1.3%● unchanged vs 05-2026
07-2026: 1.3%● unchanged vs 06-2026
08-2026: 1.1%▼ -0.2 percentage points vs 07-2026
09-2026: 1.1%● unchanged vs 08-2026
10-2026: 1.1%● unchanged vs 09-2026
11-2026: 1.1%● unchanged vs 10-2026
Credit of up to €50,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.58 (1.43 in 2024), above the usual 1.5. Short-term debt is 63.3% and cash 0% of total assets. However, 73.6% of the assets are financed with debt and provisions.
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 68, small). It does better than 47% of them on solvency, 14% on liquidity, 39% on profitability and 63% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
Credit check for an amount and term of your choice
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.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 days early
2024
59 days late
2023
7 days early
2022
20 days early
2021
6 days early
2020
11 days early
2019
7 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 1 day before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 25 July (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
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 15-07-2026 at the NBB all 49 filings
Turnover
€1.1m▼ 77.1%
2022 · €4.9m
EBIT margin
-4.5%▼ 6.6pp
2022 · 2.1%
Net result
€37,664
2024 · -€11,970
Working capital
€1.1m▲ 45.7%
2024 · €776,892
In the rankings
#7 oldest company in Genk, Real estate sector
Multi-year overview
2018 to 2025, 8 financial yearsTurnover
no figure
2025
20182025
Operating result
-€30,824
▼ 77.1%
2025
20182025
Net result
€37,664
2025
middle half of the sector
20182025
EBIT margin
no figure
2025
20182025
Equity
€814,499
▲ 4.8%
2025
middle half of the sector
20182025
Total assets
€3.1m
▲ 19.0%
2025
middle half of the sector
20182025
Debt
€2.3m
▲ 25.0%
2025
20182025
Working capital
€1.1m
▲ 45.7%
2025
highest quarter of the sector
20182025
Solvency
26.4%
▼ 3.6pp
2025
middle half of the sector
20182025
Current ratio
1.58
▲ 0.15
2025
middle half of the sector
20182025
Return on assets (ROA)
1.2%
▲ 1.7pp
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€4.9m€1.1m▼ 77.1%
Operating result€0.2m-€0.2m▲ 31.5%€0.2m▲ 3.1%€0.5m▲ 129%€0.1m▼ 81.3%-€0.05m-€0.02m▲ 65.2%-€0.03m▼ 77.1%
Net result€0.07m-€0.2m▲ 133%€0.1mwithin the sector's middle half▼ 39.4%€0.2mabove the sector's middle half▲ 93.2%€0.03mwithin the sector's middle half▼ 86.2%-€0.09mbelow the sector's middle half-€0.01mwithin the sector's middle half▲ 86.4%€0.04mwithin the sector's middle half
EBIT margin2.1%-4.5%▼ 6.6pp
Equity€0.6m-€0.8m▲ 24.9%€0.9mwithin the sector's middle half▲ 12.1%€1.1mwithin the sector's middle half▲ 20.8%€0.9mwithin the sector's middle half▼ 17.9%€0.8mwithin the sector's middle half▼ 10.0%€0.8mwithin the sector's middle half▼ 1.5%€0.8mwithin the sector's middle half▲ 4.8%
Total assets€10.7m-€10.3m▼ 3.4%€12.4mabove the sector's middle half▲ 19.8%€7.2mabove the sector's middle half▼ 41.8%€4.4mwithin the sector's middle half▼ 38.9%€3.4mwithin the sector's middle half▼ 22.6%€2.6mwithin the sector's middle half▼ 23.8%€3.1mwithin the sector's middle half▲ 19.0%
Debt€10.1m-€9.5m▼ 5.1%€11.5m▲ 20.5%€6.1m▼ 46.7%€3.5m▼ 42.6%€2.6m▼ 25.7%€1.8m▼ 30.5%€2.3m▲ 25.0%
Working capital€9.2m-€9.3m▲ 0.8%€0.9mabove the sector's middle half▼ 90.4%€3.2mabove the sector's middle half▲ 267%€3.2mabove the sector's middle half▼ 0.3%€2.3mabove the sector's middle half▼ 28.1%€0.8mabove the sector's middle half▼ 66.6%€1.1mabove the sector's middle half▲ 45.7%
Solvency5.9%-7.6%▲ 1.7pp7.1%below the sector's middle half▼ 0.5pp14.8%within the sector's middle half▲ 7.7pp19.9%within the sector's middle half▲ 5.1pp23.2%within the sector's middle half▲ 3.2pp29.9%within the sector's middle half▲ 6.8pp26.4%within the sector's middle half▼ 3.6pp
Current ratio7.10-9.60▲ 2.501.08within the sector's middle half▼ 8.521.82within the sector's middle half▲ 0.743.78above the sector's middle half▲ 1.963.15above the sector's middle half▼ 0.621.43within the sector's middle half▼ 1.731.58within the sector's middle half▲ 0.15
Return on assets (ROA)0.6%-1.5%▲ 0.9pp0.8%within the sector's middle half▼ 0.8pp2.6%within the sector's middle half▲ 1.8pp0.6%within the sector's middle half▼ 2.0pp-2.6%below the sector's middle half▼ 3.2pp-0.5%within the sector's middle half▲ 2.1pp1.2%within the sector's middle half▲ 1.7pp
above
within
below
The sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €30,824, larger than the loss of €17,404 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €3.1m
Equity
€814,499 ▲ 4.8%
Debt
€2.3m ▲ 25.0%
Debt's share of the balance-sheet total rises from 70.1% to 73.6%. Equity and debt are higher.
Key figures and ratios
Quick ratio
1.07▲
2024 · 0.87
Debt to equity
2.79▲
2024 · 2.34
ROE
4.6%▲
2024 · -1.5%
Debt ≤ 1 year
€2.0m▲
2024 · €1.8m
Debt > 1 year
€317,048
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €4.9m | - | €22,000 | - | - |
| Mortgages, amount registered | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 |
| Mortgage mandates | - | - | - | - | €14.3m |
| Carrying value of the mortgaged assets | €5.3m | €1.0m | €4,300 | €4,300 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | €4.9m | €1.1m | - | - | - |
| Non-recurring operating income76A | - | - | - | - | €0.2m | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | €0.8m | €0.1m | - | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | - | - | €0.01m | - |
| Other operating charges640/8 | - | - | - | €62 | €0.006m | €0.04m | €0.001m | €0.001m | ▼ 4.9% |
| Gross operating margin9900 | €0.2m | €0.2m | €0.2m | €0.5m | €0.1m | -€0.01m | -€0.02m | -€0.02m | ▼ 0.5% |
| Operating profit (loss)9901 | €0.2m | €0.2m | €0.2m | €0.5m | €0.1m | -€0.05m | -€0.02m | -€0.03m | ▼ 77.1% |
| Financial income75/76B | - | - | - | - | €0.03m | €0.04m | €0.007m | €0.08m | ▲ 12× |
| Recurring financial income75 | - | - | €3 | - | €0.03m | €0.04m | €0.007m | €0.08m | ▲ 12× |
| Financial charges65/66B | - | - | - | €0.2m | €0.1m | €0.08m | €0.001m | €0.009m | ▲ 643% |
| Recurring financial charges65 | €0.1m | €0.05m | €0.1m | €0.2m | €0.1m | €0.08m | €0.001m | €0.009m | ▲ 643% |
| Profit (loss) for the period before taxes9903 | €0.07m | €0.2m | €0.1m | €0.3m | €0.03m | -€0.09m | -€0.01m | €0.04m | - |
| Income taxes67/77 | €59 | €0.02m | €0.03m | €0.1m | €0.009m | -€135 | - | - | - |
| Profit (loss) for the period9904 | €0.07m | €0.2m | €0.1m | €0.2m | €0.03m | -€0.09m | -€0.01m | €0.04m | - |
| Transfer from tax-exempt reserves789 | - | - | - | - | - | €0.006m | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €0.07m | €0.2m | €0.1m | €0.2m | €0.03m | -€0.08m | -€0.01m | €0.04m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €10.7m | €10.3m | €12.4m | €7.2m | €4.4m | €3.4m | €2.6m | €3.1m | ▲ 19.0% |
| Current assets29/58 | €10.7m | €10.3m | €12.4m | €7.2m | €4.4m | €3.4m | €2.6m | €3.1m | ▲ 19.0% |
| Amounts receivable after more than one year29 | - | - | - | €0.6m | €2.0m | €2.4m | - | €1.0m | - |
| Other amounts receivable291 | - | - | - | €0.6m | €2.0m | €2.4m | - | €1.0m | - |
| Stocks and contracts in progress3 | €7.2m | €9.1m | €1.0m | €6.3m | €2.0m | €1.0m | €1.0m | €1.0m | ▼ 0.4% |
| Stocks30/36 | - | - | - | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Contracts in progress37 | - | - | - | €5.3m | €1.0m | €0.004m | €0.004m | - | - |
| Amounts receivable within one year40/41 | €1.3m | €0.4m | €0.7m | - | €0.3m | €0.03m | €1.6m | €1.1m | ▼ 32.4% |
| Trade receivables40 | - | - | - | - | €0.3m | €0.02m | - | €0.4m | - |
| Other amounts receivable41 | - | - | - | - | €0.02m | €0.02m | €1.6m | €0.7m | ▼ 58.6% |
| Current investments50/53 | - | €0.5m | - | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €2.2m | - | €0.03m | €0.2m | €0.03m | €0.005m | €17 | €52 | ▲ 205% |
| Deferred charges and accrued income490/1 | - | - | - | €0.2m | €0.06m | €135 | €135 | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €10.7m | €10.3m | €12.4m | €7.2m | €4.4m | €3.4m | €2.6m | €3.1m | ▲ 19.0% |
| Equity10/15 | €0.6m | €0.8m | €0.9m | €1.1m | €0.9m | €0.8m | €0.8m | €0.8m | ▲ 4.8% |
| Contributions10/11 | €0.05m | €0.05m | €0.05m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Revaluation surpluses12 | - | - | - | €0.2m | - | - | - | - | - |
| Reserves13 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Non-distributable reserves130/1 | - | - | - | €0.005m | €0.005m | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.005m | €0.005m | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | €0.006m | €0.006m | - | - | - | - |
| Distributable reserves133 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Profit (loss) carried forward14 | €0.07m | €0.2m | €0.3m | €0.5m | €0.5m | €0.4m | €0.4m | €0.5m | ▲ 8.6% |
| Amounts payable17/49 | €10.1m | €9.5m | €11.5m | €6.1m | €3.5m | €2.6m | €1.8m | €2.3m | ▲ 25.0% |
| Amounts payable after more than one year17 | €8.6m | €8.5m | - | €2.2m | €2.4m | €1.5m | - | €0.3m | - |
| Other amounts payable178/9 | - | - | - | €2.2m | €2.4m | €1.5m | - | €0.3m | - |
| Amounts payable within one year42/48 | €1.5m | €1.1m | €11.5m | €4.0m | €1.2m | €1.1m | €1.8m | €2.0m | ▲ 7.6% |
| Financial debts43 | - | - | - | €2.8m | €0.003m | €0.02m | - | - | - |
| Credit institutions430/8 | - | - | - | €2.8m | €0.003m | €0.02m | - | - | - |
| Trade debts44 | €0.9m | €0.4m | €1.3m | €0.7m | €0.3m | €0.2m | €1.2m | €1.2m | = |
| Suppliers440/4 | - | - | - | €0.7m | €0.3m | €0.2m | €1.2m | €1.2m | = |
| Advances received on contracts in progress46 | - | - | - | €0.04m | - | - | - | €0.4m | - |
| Taxes, remuneration and social security45 | - | - | - | €0.4m | €0.6m | €0.5m | €0.5m | €0.3m | ▼ 42.1% |
| Taxes450/3 | - | - | - | €0.4m | €0.6m | €0.5m | €0.5m | €0.3m | ▼ 42.1% |
| Other amounts payable47/48 | - | - | - | - | €0.3m | €0.4m | €0.2m | €0.09m | ▼ 53.6% |
| Accrued charges and deferred income492/3 | - | - | - | €0.002m | €376 | €0.002m | €57 | €119 | ▲ 110% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €67,409 | €157,300 | €95,338 | €184,220 | €25,512 | -€87,980 | -€11,970 | €37,664 | - |
| Operating cash flow (approximation) | €67,409 | €157,300 | €95,338 | €184,220 | €25,512 | -€87,980 | -€11,970 | €37,664 | - |
| Change in cash | - | - | - | €153,502 | -€156,036 | -€27,164 | -€4,622 | €35 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 4,685 companies had the same profile as SOM DEVELOPMENT has now. Two years later, 96.9% were still going and 1.1% had gone bankrupt.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
96.9%
was still going
1.9%
stopped otherwise
1.1%
went bankrupt
That fits the bankruptcy probability of SOM DEVELOPMENT itself: 1.1% within 12 months.
Test of the method
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 4,685 companies, not a prediction for SOM DEVELOPMENT. 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.
Latest 10 of 49 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 15-07-2026 | 2026-00302167 | |
| 31-12-2024 | abbreviated format | 28-09-2025 | 2025-00511268 | |
| 31-12-2023 | abbreviated format | 24-07-2024 | 2024-00278683 | |
| 31-12-2022 | abbreviated format | 11-07-2023 | 2023-00255064 | |
| 31-12-2021 | abbreviated format | 25-07-2022 | 2022-20226830 | |
| 31-12-2020 | abbreviated format | 20-07-2021 | 2021-37900091 | |
| 31-12-2019 | abbreviated format | 24-07-2020 | 2020-33700341 | |
| 31-12-2018 | abbreviated format | 15-07-2019 | 2019-33000381 | |
| 31-12-2017 | abbreviated format | 12-07-2018 | 2018-32500036 | |
| 31-12-2016 | abbreviated format | 10-07-2017 | 2017-29900532 |
Board & ownership
Directors
Directors
1 director, no change since 2023
Board 1
SOM BUILDING PROJECTS
Current
Director (not named in the articles) · since 04-07-2023 · term without a fixed end · Private limited company · permanent representative: SOMERS Danny Ceciel Gustaaf · listed in the 2025 annual accounts, filed on 15-07-2026
Permanent representatives 1
SOMERS Danny Ceciel Gustaaf
Current
Permanent representative · appointed in the act of 31-08-2023 · for SOM BUILDING PROJECTS
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Artikel 14. Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan…”
deed of 31-08-2023Owners and capital
Shareholders
2 ownersOwners 2
- Equity €1.9m Loss of €548,731 in 2024 (loss of €37,977 in 2023) Checked score 4750%
- Equity €19.0m Profit of €826,832 in 2025 (profit of €242,977 in 2024) Checked score 9150%
Capital transactions
Capital over time
- 31-08-2023 Converted to unavailable equity
Mandate history
3 people, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| SOM BUILDING PROJECTS |
|
| SOMERS Danny Ceciel Gustaaf |
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| SOMERS Philippe Marie Gerard Yvan |
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Network & group
Companies at the same address
3 other companiesConnections & network
1 current directorThe network starts from the directors of SOM DEVELOPMENT. Every other company they run is a node.
This company
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Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
15-07
abbreviated format · 16 days before the deadline
2025
31-12
Financial
Back to profitnet €37,664
The net result is €37,664, after 2 loss-making years.
28-09
abbreviated format · 59 days late
14-03
Gazette deed
Registered officeRegistered-office move3 points ▸
Gazette deed
Registered office
Registered-office move3 points ▸
- General meeting, 09-12-2024
- Registered-office move, Bochtlaan 4/02,3600-GENK
- Other provision, “wettelijke vertegenwoordiging, wettelijk vertegenwoordigd door” (deed in Dutch), mentioned 2 times in the deed
2024
24-07
abbreviated format · 7 days before the deadline
2023
31-12
Financial
Weakest financial yearnet -€87,980
The net result drops to -€87,980, the lowest from 2018 to 2025. It recovers the following year.
31-08
Gazette deed
Resignations: SOMERS Danny Ceciel Gustaaf (manager) and SOMERS Philippe Marie Gerard Yvan (manager)Appointment: SOM BUILDING PROJECTS (director) · Permanent representative: SOMERS Danny Ceciel Gustaaf · Amendment of the articles15 points ▸
Gazette deed
Resignations: SOMERS Danny Ceciel Gustaaf (manager) and SOMERS Philippe Marie Gerard Yvan (manager)
Appointment: SOM BUILDING PROJECTS (director) · Permanent representative: SOMERS Danny Ceciel Gustaaf · Amendment of the articles15 points ▸
- General meeting, 04-07-2023
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffing, middelen beschikbaar voor uitkering” (deed in Dutch)
- Purpose change
- Director resignation, SOMERS Danny Ceciel Gustaaf (manager)
- Director resignation, SOMERS Philippe Marie Gerard Yvan (manager)
- Director discharge, SOMERS Danny Ceciel Gustaaf
- Director discharge, SOMERS Philippe Marie Gerard Yvan
- Board rule, 1
- Director appointment, SOM BUILDING PROJECTS (director (not named in the articles))
- Permanent representative, SOMERS Danny Ceciel Gustaaf
- The act holds 3 more points.
11-07
abbreviated format · 20 days before the deadline
2022
31-12
Financial
Liquidity more than doubledcurrent ratio 3.78
The current ratio rises from 1.82 to 3.78. Short-term debt falls from €4.0m to €1.2m.
25-07
abbreviated format · 6 days before the deadline
2021
31-12
Financial
Highest result from 2018 to 2025net €184,220 ▲93.2%
The operating result of €549,563 and the net result of €184,220 are both a record.
31-12
Financial
Equity above €1mequity €1.1m ▲20.8%
With a profit in every financial year since 2018, equity grows to €1.1m.
Show earlier events
20-07
abbreviated format · 11 days before the deadline
2020
24-07
abbreviated format · 7 days before the deadline
2019
15-07
abbreviated format · 16 days before the deadline
2018
12-07
abbreviated format · 19 days before the deadline
2017
10-07
abbreviated format · 21 days before the deadline
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
SOM DEVELOPMENT in Dutch
Enterprise number
0416.047.747
Legal form
Private limited company
Status
Active, normale toestand
Founded
25-03-1976
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 31-08-2023 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest, overbrenging naar om het even welke plaats in het tweetalig gebied Brussel Hoofdstad of in het Nederlands taalgebied door…”
deed of 31-08-2023 (in Dutch)Registered office and establishments
Registered office
Bochtlaan 4, 3600 Genk, Belgium
1 former office
- Het Dorlik 16, 3500 Hasselt until 09-12-2024 · act of 14-03-2025
Establishment unit
SOM DEVELOPMENT, Oude Statiestraat 20, 3730 Bilzen-Hoeselt since 01-01-1976 · unit number 2.012.148.006
Activities
NACEBEL 202568121
Development of residential building projects main activity
Codes under NACEBEL 2008
41101
Real estate development main activity
Invoicing and payment
VAT number
BE 0416.047.747
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0416.047.747
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Monday of June at 20:00
deed of 31-08-2023 (in Dutch)Environmental permits
2 applications in Flanders since 2018 · 1 granted · 1 refused
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden
Bouwen of herbouwen; Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen; Slopen of verwijderen van een complex
Source: Omgevingsloket Vlaanderen.
Sites & property
Location
Buildings and parcels at the addresses
Ground area
3,036 m²
Building footprint
765 m²
Building volume
5,163 m³
Tallest building: 14.5 m.
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71016I1411/00F008 | Flanders | 2,013 m² | 1 · 518 m² | 14.5 m · 1 |
| 73032G0643/00X005 | Flanders | 1,023 m² | 1 · 247 m² | 11.7 m · 3 |