Financials
- Financial year
- 2025
- Total assets
- €671,538
- Loss
- -€65,916
- Solvency
- 15.8%
SOMAGEST
ActiveSummary
SOMAGEST has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €106,279 and a net result of -€65,916. Equity remains stable across the filed financial years (±0.1% per year). Its solvency ranks better than 17% of 9,799 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
Activity
Site preparation
NACE 43120
1 site
Size
€671,538total assets 2025
- Equity
- €106,279
- Loss
- -€65,916
Structure
- Holdings
- 1
2025 accounts on time5 deeds in the Belgian Official Gazette
Why 66raises riskLoss of €65,916, the second in a row (financial year 2025)Sector: Specialised construction activities (NACE 43)Equity €106,279 (15.8% of total assets)lowers riskSize: total assets €671,538Show the evidence
Checked score
Score 2025
66
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 18% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Weak
Solvency
41-7
equity 15.8% of total assets
Liquidity
43-2
short-term debt 22.5% · cash 0.9%
Profitability
6-28
return on assets -9.8%
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.7%
12-2024: 0.7%● unchanged vs 11-2024
01-2025: 0.7%● unchanged vs 12-2024
02-2025: 0.7%● unchanged vs 01-2025
03-2025: 0.7%● unchanged vs 02-2025
04-2025: 0.8%▲ +0.1 percentage points vs 03-2025
05-2025: 0.7%▼ -0.1 percentage points vs 04-2025
06-2025: 0.9%▲ +0.2 percentage points vs 05-2025
07-2025: 1.0%▲ +0.1 percentage points vs 06-2025
08-2025: 1.4%▲ +0.4 percentage points vs 07-2025highest value
09-2025: 0.5%▼ -0.9 percentage points vs 08-2025lowest value
10-2025: 0.5%● unchanged vs 09-2025lowest value
11-2025: 0.5%● unchanged vs 10-2025lowest value
12-2025: 0.5%● unchanged vs 11-2025lowest value
01-2026: 0.5%● unchanged vs 12-2025lowest value
02-2026: 0.5%● unchanged vs 01-2026lowest value
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.6%▲ +0.1 percentage points vs 03-2026
05-2026: 0.5%▼ -0.1 percentage points vs 04-2026
06-2026: 0.6%▲ +0.1 percentage points vs 05-2026
07-2026: 0.6%● unchanged vs 06-2026
08-2026: 0.9%▲ +0.3 percentage points vs 07-2026
09-2026: 0.9%● unchanged vs 08-2026
10-2026: 0.9%● unchanged vs 09-2026
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.29, compared with 1.73 in 2024, below the usual 1.5; short-term debt: 22.5% and cash: 0.9% of total assets), and 84.2% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 18% on solvency, 33% on liquidity, 10% on profitability and 11% on growth.
The bankruptcy probability was computed on 23-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€65,916
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 9799 sector peers (2025).
NBB · sector comparisonPosition among 9799 sector peers
Solvency
better than 17%
← weakest
strongest →
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
29 days late
2023
30 days late
2022
3 days early
2021
1 day late
2020
30 days late
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 12 days after the deadline; the sector median (NACE 43) for financial year 2024 is 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 1 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · full…
- Annual accounts filedfinancial year 2023 · full…
Key points
By topic
Network & group
- Holdings
- 1
1 holding
Timeline
- Events
- 20
- Since
- 2013
- Next accounts
- by 31-07-2027
- 19-01-2024General meeting · Amendment of the articles
- 05-01-2024General meeting · Incorporation
- 31-12-2023Weakest financial year
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Site preparationNACE 43120
- Founded
- 23-03-2012
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about SOMAGEST
- What is the company number of SOMAGEST?
- 0844.656.303. In Belgium the VAT number is the company number with BE in front: BE 0844.656.303.
- Where is SOMAGEST based?
- The registered office is at Rue Robert 24, 4340 Awans.Company details
- What does SOMAGEST do?
- According to the KBO register, the main activity is site preparation (NACE 43120).
- What is the legal form of SOMAGEST?
- Private limited company (BV).
- When was SOMAGEST founded?
- On 23-03-2012.
- Is SOMAGEST still active?
- Yes, SOMAGEST is an active enterprise in the KBO register.
- What is the turnover of SOMAGEST?
- €176,500 in financial year 2018, according to the filed annual accounts.Financials
- Is SOMAGEST profitable?
- In financial year 2025, SOMAGEST made a loss of €65,916.
- Where can I find the annual accounts of SOMAGEST?
- SOMAGEST filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SOMAGEST due?
- By 31-07-2027, for financial year 2026.Timeline
Companies related to SOMAGEST
Subsidiaries and holdings
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