SOMABEU
ActiveSummary
SOMABEU has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €371,701 and a net result of €27,270. Equity has been stable since 2018 (±0.9% per year). Its solvency ranks better than 86% of 11,261 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 29-08-2008 Normal situation
- Activity
- Real estate activities NACE 68204and 1 other
- Establishment unit
- 2.196.151.561 3540 Herk-de-Stad, since 29-08-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 19-12-2024
Board and ownership
- DE WAELE Sofie Julia ElisaDirector
- DE WAELE Urbain AlfonsDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €51,662
- ▼ 6.2%
- Turnover
- ≈ €67,000
- estimated
- Profit
- €27,270
- ▼ 4.3%
- Equity
- €371,701
- ▼ 0.7%
- Total assets
- €451,025
- ▲ 0.3%
Score breakdownraises riskLiquidity: current ratio 6.94, cash €2,284, halvedlowers riskEquity €371,701 (82.4% of total assets)Founded in 2008Figures for financial year 2025 (filed on 16-07-2026)Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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, micro). It does better than 91% of them on solvency, 54% on liquidity, 72% on profitability and 42% on growth.
The bankruptcy probability was computed on 03-11-2026 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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 4 days 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)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 16-07-2026 at the NBB all 17 filings
Every figure per financial year
The operating result for 2025 is 6% lower than in 2024.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €202,470 | €147,708 | €91,999 | €67,007 | €57,588 |
| Mortgages, amount registered | €110,000 | €110,000 | €110,000 | €110,000 | €110,000 |
| Carrying value of the mortgaged assets | €290,661 | €291,544 | €277,809 | €162,442 | €152,675 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €114,776 | €14,081 | - | - | - |
| Depreciation and write-downs of the year | €19,175 | €13,198 | €13,735 | €12,040 | €10,917 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25,329 | €23,174 | €11,041 | €19,175 | €13,198 | €13,735 | €12,040 | €10,917 | ▼ 9.3% |
| Other operating charges640/8 | - | - | - | €2,485 | €2,762 | €3,025 | €3,130 | €3,226 | ▲ 3.1% |
| Gross operating margin9900 | €86,896 | €79,006 | €297,010 | €62,295 | €58,528 | €53,697 | €55,099 | €51,662 | ▼ 6.2% |
| Operating profit (loss)9901 | €56,598 | €53,327 | €282,940 | €40,635 | €42,568 | €36,936 | €39,929 | €37,518 | ▼ 6.0% |
| Financial income75/76B | - | - | - | €1,547 | €4,689 | €4,523 | €5,435 | €5,537 | ▲ 1.9% |
| Recurring financial income75 | €1 | - | - | €1,547 | €4,689 | €4,523 | €5,435 | €5,537 | ▲ 1.9% |
| Financial charges65/66B | - | - | - | €7,483 | €4,987 | €4,139 | €3,638 | €3,094 | ▼ 14.9% |
| Recurring financial charges65 | €17,841 | €6,483 | €6,508 | €7,483 | €4,987 | €4,139 | €3,638 | €3,094 | ▼ 14.9% |
| Profit (loss) for the period before taxes9903 | €38,758 | €46,845 | €276,432 | €34,699 | €42,270 | €37,321 | €41,726 | €39,961 | ▼ 4.2% |
| Income taxes67/77 | €13,786 | €16,286 | €87,792 | €10,998 | €13,396 | €11,830 | €13,231 | €12,690 | ▼ 4.1% |
| Profit (loss) for the period9904 | €24,972 | €30,559 | €188,640 | €23,701 | €28,875 | €25,491 | €28,494 | €27,270 | ▼ 4.3% |
| Profit (loss) for the period to be appropriated9905 | €24,972 | €30,559 | €188,640 | €23,701 | €28,875 | €25,491 | €28,494 | €27,270 | ▼ 4.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €569,512 | €543,904 | €615,826 | €599,310 | €525,577 | €470,400 | €449,735 | €451,025 | ▲ 0.3% |
| Fixed assets21/28 | €552,123 | €538,896 | €195,060 | €290,661 | €291,544 | €277,809 | €265,769 | €254,852 | ▼ 4.1% |
| Tangible fixed assets22/27 | €552,123 | €538,896 | €195,060 | €290,661 | €291,544 | €277,809 | €265,769 | €254,852 | ▼ 4.1% |
| Land and buildings22 | - | - | - | €290,661 | €291,544 | €277,809 | €265,769 | €254,852 | ▼ 4.1% |
| Current assets29/58 | €17,389 | €5,008 | €420,766 | €308,648 | €234,032 | €192,591 | €183,966 | €196,173 | ▲ 6.6% |
| Amounts receivable within one year40/41 | €7,035 | €3,864 | €702 | €85,120 | €138,961 | €145,031 | €174,738 | €179,486 | ▲ 2.7% |
| Trade receivables40 | - | - | - | - | - | €3,911 | €1,151 | €1,222 | ▲ 6.2% |
| Other amounts receivable41 | - | - | - | €85,120 | €138,961 | €141,121 | €173,587 | €178,263 | ▲ 2.7% |
| Cash at bank and in hand54/58 | €9,323 | €36 | €418,169 | €214,624 | €90,840 | €29,684 | €5,513 | €2,284 | ▼ 58.6% |
| Deferred charges and accrued income490/1 | - | - | - | €8,905 | €4,231 | €17,876 | €3,715 | €14,403 | ▲ 288% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €569,512 | €543,904 | €615,826 | €599,310 | €525,577 | €470,400 | €449,735 | €451,025 | ▲ 0.3% |
| Equity10/15 | €203,319 | €233,878 | €404,336 | €385,921 | €370,446 | €369,936 | €374,430 | €371,701 | ▼ 0.7% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €156,508 | €186,508 | €356,327 | €337,910 | €322,360 | €321,360 | €325,360 | €322,360 | ▼ 0.9% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €0 | - | - | - |
| Distributable reserves133 | - | - | - | €336,050 | €320,500 | €321,360 | €325,360 | €322,360 | ▼ 0.9% |
| Profit (loss) carried forward14 | €28,211 | €28,769 | €29,410 | €29,411 | €29,486 | €29,976 | €30,470 | €30,741 | ▲ 0.9% |
| Provisions and deferred taxes16 | €6,000 | €3,000 | - | - | - | - | - | - | - |
| Amounts payable17/49 | €360,193 | €307,026 | €211,490 | €213,389 | €155,131 | €100,464 | €75,305 | €79,324 | ▲ 5.3% |
| Amounts payable after more than one year17 | €280,996 | €222,877 | €107,964 | €147,708 | €91,999 | €67,007 | €57,588 | €48,039 | ▼ 16.6% |
| Financial debts170/4 | - | - | - | €147,708 | €91,999 | €67,007 | €57,588 | €48,039 | ▼ 16.6% |
| Amounts payable within one year42/48 | €78,267 | €81,980 | €102,511 | €65,681 | €63,023 | €33,346 | €17,648 | €28,283 | ▲ 60.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €54,762 | €55,709 | €24,991 | €9,419 | €9,549 | ▲ 1.4% |
| Financial debts43 | - | - | - | €6,667 | €6,667 | €6,667 | €5,127 | €5,092 | ▼ 0.7% |
| Credit institutions430/8 | - | - | - | €6,667 | €6,667 | - | - | - | - |
| Other loans439 | - | - | - | - | - | €6,667 | €5,127 | €5,092 | ▼ 0.7% |
| Trade debts44 | €76 | €2,414 | €5,652 | €1,345 | - | €1,688 | €394 | €1,814 | ▲ 361% |
| Suppliers440/4 | - | - | - | €1,345 | - | €1,688 | €394 | €1,814 | ▲ 361% |
| Taxes, remuneration and social security45 | - | - | - | €2,908 | €647 | €0 | €80 | €1,328 | ▲ 17× |
| Taxes450/3 | - | - | - | €2,908 | €647 | €0 | €80 | €1,328 | ▲ 17× |
| Other amounts payable47/48 | - | - | - | - | - | - | €2,629 | €10,500 | ▲ 299% |
| Accrued charges and deferred income492/3 | - | - | - | - | €109 | €111 | €68 | €3,001 | ▲ 44× |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24,972 | €30,559 | €188,640 | €23,701 | €28,875 | €25,491 | €28,494 | €27,270 | ▼ 4.3% |
| + Depreciation and write-downs630 | €25,329 | €23,174 | €11,041 | €19,175 | €13,198 | €13,735 | €12,040 | €10,917 | ▼ 9.3% |
| Operating cash flow (approximation) | €50,301 | €53,732 | €199,682 | €42,876 | €42,073 | €39,226 | €40,535 | €38,188 | ▼ 5.8% |
| Investment in fixed assets (approximation) | - | -€9,947 | €332,794 | -€114,776 | -€14,081 | €0 | €0 | €0 | - |
| Change in cash | - | -€9,287 | €418,133 | -€203,545 | -€123,784 | -€61,156 | -€24,171 | -€3,229 | ▲ 86.6% |
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, 17,811 companies had the same profile as SOMABEU has now. Two years later, 96.5% were still going and 0.3% had gone bankrupt.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of SOMABEU itself: 0.1% 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 17,811 companies, not a prediction for SOMABEU. 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 17 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 16-07-2026 | 2026-00303865 | |
| 31-12-2024 | abbreviated format | 09-07-2025 | 2025-00248200 | |
| 31-12-2023 | abbreviated format | 28-06-2024 | 2024-00212386 | |
| 31-12-2022 | abbreviated format | 14-07-2023 | 2023-00244779 | |
| 31-12-2021 | abbreviated format | 30-08-2022 | 2022-20344297 | |
| 31-12-2020 | abbreviated format | 06-07-2021 | 2021-32200513 | |
| 31-12-2019 | abbreviated format | 22-09-2020 | 2020-55400082 | |
| 31-12-2018 | abbreviated format | 18-07-2019 | 2019-35100465 | |
| 31-12-2017 | abbreviated format | 24-07-2018 | 2018-36900403 | |
| 31-12-2016 | abbreviated format | 05-07-2017 | 2017-26600130 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 08-01-2024 Converted to unavailable equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DE WAELE Sofie Julia Elisa |
|
| DE WAELE Urbain Alfons |
|
Network & group
Companies at the same address
5 other companiesConnections & network
3 connected companiesTimeline
Acts, filings and financial milestones
08-01
Gazette deed
Changes of role: DE WAELE Urbain Alfons (director) and DE WAELE Sofie Julia Elisa (director)Purpose change · Amendment of the articles · Capital conversion14 points ▸
- General meeting, 05-12-2023
- Purpose change
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, 20460, “DERDE AGENDAPUNT” (deed in Dutch)
- Capital
- Power of attorney, Emmanuel BEELEN
- Director resignation, DE WAELE Urbain Alfons (manager)
- Director resignation, DE WAELE Sofie Julia Elisa (manager)
- Director appointment, DE WAELE Urbain Alfons (director (not named in the articles))
- Director appointment, DE WAELE Sofie Julia Elisa (director (not named in the articles))
- Director discharge, DE WAELE Urbain Alfons
- Director discharge, DE WAELE Sofie Julia Elisa
- The act holds 2 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71024A0769/00A000 | Flanders | 164 m² | 1 · 282 m² | 13.5 m · 2 |
1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.