SOMADIN
ActiveSummary
SOMADIN has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.40M and a net result of €156k. Equity remains stable across the filed fiscal years (±1.8% per year). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability62▲+9
Solvency59▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €350k at 30 days acceptable
Liquidity short (current ratio 0.08 against 0.14 in 2024; short-term debt: 51.2% and cash: 3.9% of total assets), and 65.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
34.2%
Return on assets
0.8%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
43 d early
2023
30 d early
2022
66 d early
2021
31 d late
2020
25 d late
2019
24 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€6.40M▲ 2.5%
2024 · €6.25M
2018: €5.75M
2019: €5.75M
2020: €5.71M
2021: €5.94M
2022: €6.07M
2023: €6.20M
2024: €6.25M
2018 → 2025
Total assets
€18.70M▲ 0.1%
2024 · €18.67M
2018: €17.70M
2019: €17.78M
2020: €17.54M
2021: €17.44M
2022: €18.95M
2023: €18.80M
2024: €18.67M
2018 → 2025
Net result
€156k▲ 199%
2024 · €52k
2018: €159k
2019: €-437
2020: €-38k
2021: €223k
2022: €133k
2023: €127k
2024: €52k
2018 → 2025
Working capital
€-8.76M▼ 7.8%
2024 · €-8.13M
2018: €-8.51M
2019: €-8.85M
2020: €-9.29M
2021: €-9.16M
2022: €-8.36M
2023: €-8.21M
2024: €-8.13M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€5.94M-€6.07M▲ 2.2%€6.20M▲ 2.1%€6.25M▲ 0.8%€6.40M▲ 2.5%
Operating result€157k-€134k▼ 14.5%€156k▲ 15.7%€150k▼ 3.6%€233k▲ 55.5%
Net result€223k-€133k▼ 40.1%€127k▼ 4.9%€52k▼ 58.9%€156k▲ 199%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 55% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €18.70M
Fixed assets
€17.89M ▲ 3.2%
Current assets
€807k ▼ 39.4%
Equity and liabilities €18.70M
Equity
€6.40M ▲ 2.5%
Debt
€12.30M ▼ 1.0%
Debt's share of the balance-sheet total falls from 66.5% to 65.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€389k▲
2024 · €303k
Cash flow
€312k▲
2024 · €205k
Current ratio
0.08▼
2024 · 0.14
Debt to equity
1.92▼
2024 · 1.99
ROE
2.4%▲
2024 · 0.8%
ROA
0.8%▲
2024 · 0.3%
Interest coverage
5.10▲
2024 · 4.05
Debt ≤ 1 year
€9.57M▲
2024 · €9.46M
Debt > 1 year
€2.67M▼
2024 · €2.91M
Income taxes
€909▼
2024 · €23k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€18.67M€18.70M▲
Fixed assets21/28€17.34M€17.89M▲
Tangible fixed assets22/27€4.56M€5.11M▲
Land and buildings22€4.56M€5.11M▲
Financial fixed assets28€12.78M€12.78M=
Current assets29/58€1.33M€807k▼
Amounts receivable within one year40/41€782k€81k▼
Other amounts receivable41€782k€81k▼
Cash at bank and in hand54/58€541k€721k▲
Deferred charges and accrued income490/1€10k€5k▼
Equity and liabilities
Total equity and liabilities10/49€18.67M€18.70M▲
Equity10/15€6.25M€6.40M▲
Contributions10/11€5.40M€5.40M=
Reserves13€18k€208k▲
Non-distributable reserves130/1€18k€18k=
Reserves not available under the articles1311€18k€18k=
Tax-exempt reserves132-€191k
Profit (loss) carried forward14€826k€791k▼
Amounts payable17/49€12.43M€12.30M▼
Amounts payable after more than one year17€2.91M€2.67M▼
Financial debts170/4€2.90M€2.66M▼
Other amounts payable178/9€5k€5k=
Amounts payable within one year42/48€9.46M€9.57M▲
Financial debts43€124k€177k▲
Credit institutions430/8€124k€177k▲
Trade debts44€14k€181k▲
Suppliers440/4€14k€181k▲
Taxes, remuneration and social security45-€909
Taxes450/3-€909
Other amounts payable47/48€9.32M€9.21M▼
Accrued charges and deferred income492/3€56k€58k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€153k€156k▲
Other operating charges640/8€57k€120k▲
Gross operating margin9900€360k€509k▲
Operating profit (loss)9901€150k€233k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€75k€76k▲
Recurring financial charges65€75k€76k▲
Profit (loss) for the period before taxes9903€75k€157k▲
Income taxes67/77€23k€909▼
Profit (loss) for the period9904€52k€156k▲
Transfer from tax-exempt reserves789-€1k
Transfer to tax-exempt reserves689-€192k
Profit (loss) for the period to be appropriated9905€52k€-35k▼
Appropriation of the result
Profit (loss) to be appropriated9906€826k€791k▼
Profit (loss) brought forward from the previous period14P€774k€826k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-09
State Gazette act
Appointment: Olivier HERPAIN (director)Reappointment: Stéphane HERPAIN (director)3 facts ▸
State Gazette act
Appointment: Olivier HERPAIN (director)
Reappointment: Stéphane HERPAIN (director)3 facts ▸
- General meeting, 03-04-2026
- Director appointment, Olivier HERPAIN (director)
- Director reappointment, Stéphane HERPAIN (director)
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €223k
Net result €223k after 2 loss-making years.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
31-12
Financial
Weakest financial yearnet €-38k
Net result drops to €-38k, the lowest in the series; recovery starts the following year.
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2026
Olivier HERPAIN
CurrentDirector · since 03-04-2026
Stéphane HERPAIN
CurrentDirector
03-04-2026
Olivier HERPAIN: Appointed as Director
Location & real-estate footprint
Registered office, Ukkel · 1 establishment unit since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Beeldhouwerslaan 431180 UkkelGround area
1,012 m²
Building footprint
149 m²
Volume, LiDAR
515 m³
Parcel 21612D0019/00P004, Brussels · tallest building 5.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SOMADIN SPRL
since 20072.167.941.486
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612D0019/00P004 | Brussels | 1,012 m² | 1 · 149 m² | 5.1 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-12-2007
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.