SOMALO
ActiveSummary
The computed 12-month bankruptcy probability of SOMALO is 6.4% (elevated). The 2024 annual accounts show equity of €61,431 and a net result of -€9,662. Its solvency ranks better than 64% of 18940 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 2 accounts on average 170 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 2,148 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 92% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a small loss
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 6.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,148 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Turnover70 | €179,052 | €395,136 | ▲ 121% |
| Non-recurring operating income76A | - | €15 | - |
| Goods, raw materials, services and sundry goods60/61 | €61,940 | €290,552 | ▲ 369% |
| Remuneration, social security and pensions62 | €45,391 | €102,516 | ▲ 126% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,843 | €8,686 | ▲ 10.7% |
| Other operating charges640/8 | €2,218 | €1,386 | ▼ 37.5% |
| Non-recurring operating charges66A | - | €317 | - |
| Gross operating margin9900 | €117,112 | €105,314 | ▼ 10.1% |
| Operating profit (loss)9901 | €61,660 | -€7,591 | ▼ 112% |
| Financial income75/76B | - | €125 | - |
| Recurring financial income75 | - | €125 | - |
| Financial charges65/66B | €283 | €2,196 | ▲ 676% |
| Recurring financial charges65 | €283 | €2,196 | ▲ 676% |
| Profit (loss) for the period before taxes9903 | €61,377 | -€9,662 | ▼ 116% |
| Profit (loss) for the period9904 | €61,377 | -€9,662 | ▼ 116% |
| Profit (loss) for the period to be appropriated9905 | €61,377 | -€9,662 | ▼ 116% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €89,456 | €135,132 | ▲ 51.1% |
| Fixed assets21/28 | €39,488 | €32,278 | ▼ 18.3% |
| Intangible fixed assets21 | €13,750 | €11,950 | ▼ 13.1% |
| Tangible fixed assets22/27 | €25,738 | €20,328 | ▼ 21.0% |
| Plant, machinery and equipment23 | €15,236 | €12,608 | ▼ 17.2% |
| Furniture and vehicles24 | €10,502 | €7,720 | ▼ 26.5% |
| Current assets29/58 | €49,968 | €102,854 | ▲ 106% |
| Stocks and contracts in progress3 | €4,750 | €6,365 | ▲ 34.0% |
| Stocks30/36 | €4,750 | €6,365 | ▲ 34.0% |
| Amounts receivable within one year40/41 | €20,964 | €60,023 | ▲ 186% |
| Trade receivables40 | €18,148 | €1,332 | ▼ 92.7% |
| Other amounts receivable41 | €2,816 | €58,691 | ▲ 1,984% |
| Cash at bank and in hand54/58 | €24,254 | €10,853 | ▼ 55.3% |
| Deferred charges and accrued income490/1 | - | €25,613 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €89,456 | €135,132 | ▲ 51.1% |
| Equity10/15 | €71,627 | €61,431 | ▼ 14.2% |
| Contributions10/11 | €10,250 | €10,250 | = |
| Capital10 | €10,250 | €10,250 | = |
| Issued capital100 | €10,250 | €10,250 | = |
| Profit (loss) carried forward14 | €61,377 | €51,181 | ▼ 16.6% |
| Amounts payable17/49 | €17,829 | €73,701 | ▲ 313% |
| Amounts payable after more than one year17 | - | €45,313 | - |
| Financial debts170/4 | - | €45,313 | - |
| Amounts payable within one year42/48 | €17,829 | €28,388 | ▲ 59.2% |
| Trade debts44 | €14,120 | - | - |
| Suppliers440/4 | €14,120 | - | - |
| Taxes, remuneration and social security45 | €3,709 | €28,388 | ▲ 665% |
| Taxes450/3 | €3,709 | €28,388 | ▲ 665% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €61,377 | -€9,662 | ▼ 116% |
| + Depreciation and write-downs630 | €7,843 | €8,686 | ▲ 10.7% |
| Operating cash flow (approximation) | €69,220 | -€976 | ▼ 101% |
| Investment in fixed assets (approximation) | - | -€1,476 | - |
| Change in cash | - | -€13,401 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
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.
Sentier de Prés(S-B) 97110 La Louvière1 establishment unit
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.