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SOMAR

Active
Private limited companyfounded 1985active for 41 yearsde Wynantsstraat 21, 1000 Brussel, BelgiumKBO/BCE: BE 0427.196.413
Summary

The computed 12-month bankruptcy probability of SOMAR is 5.4% (elevated). The 2025 annual accounts show negative equity (-€183,290) and a net result of -€117,253. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 9% of 4,798 sector peers (NACE 56, financial year 2025). The company has been active since 1985 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 08-03-1985 Normal situation
Activity
Full-service restaurants NACE 56111
Establishment unit
2.027.158.260 1000 Brussel, since 01-09-1985
Financial year end
31 December
Peppol
Reachable since 15-12-2025

Board and ownership

Board
  • ONEKEMDirector · since 18-07-2020 · permanent representative PANIN Kwanchai

Financial position

34 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
5.4%
Annual accounts 2025
Gross margin
€596,972
▲ 5.0%
Turnover
≈ €1.4m
estimated
Loss
€117,253
▼ 21.7%
Equity
-€183,290
▼ 178%
Total assets
€241,368
▼ 13.3%
Employees on 31-12-2025
15
=
  • €26,949 of overdue tax debts on 31-12-2025
  • €146,012 of overdue social security (RSZ) debts on 31-12-2025
  • Negative equity on 31-12-2025
  • 2025 accounts filed 29 days after the deadline
Score breakdownraises riskNegative equity -€183,290Loss of €117,253, the second in a row (financial year 2025)Sector: Food and beverage service activities (NACE 56)lowers riskLiquidity: current ratio 0.27, cash €49,242Show the evidence

Checked score

Score 2025
34 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 7% of small companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Weak
Solvency 0-1
equity -75.9% of total assets
Liquidity 26-1
short-term debt 157.7% · cash 20.4%
Profitability 0=
return on assets -48.6%
Bankruptcy probability within 12 months
5.4% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (1,616 companies, NACE 56, small)
Last 24 months 12-2024: 1.3% 01-2025: 1.3%● unchanged vs 12-2024 02-2025: 1.3%● unchanged vs 01-2025 03-2025: 1.2%▼ -0.1 percentage points vs 02-2025 04-2025: 1.2%● unchanged vs 03-2025 05-2025: 1.2%● unchanged vs 04-2025 06-2025: 1.2%● unchanged vs 05-2025lowest value 07-2025: 1.2%● unchanged vs 06-2025 08-2025: 5.9%▲ +4.7 percentage points vs 07-2025highest value 09-2025: 5.9%● unchanged vs 08-2025highest value 10-2025: 5.9%● unchanged vs 09-2025highest value 11-2025: 5.9%● unchanged vs 10-2025highest value 12-2025: 5.9%● unchanged vs 11-2025highest value 01-2026: 5.9%● unchanged vs 12-2025highest value 02-2026: 5.9%● unchanged vs 01-2026highest value 03-2026: 5.8%▼ -0.1 percentage points vs 02-2026 04-2026: 5.7%▼ -0.1 percentage points vs 03-2026 05-2026: 5.7%● unchanged vs 04-2026 06-2026: 5.6%▼ -0.1 percentage points vs 05-2026 07-2026: 5.7%▲ +0.1 percentage points vs 06-2026 08-2026: 5.6%▼ -0.1 percentage points vs 07-2026 09-2026: 5.4%▼ -0.2 percentage points vs 08-2026 10-2026: 5.4%● unchanged vs 09-2026 11-2026: 5.4%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.27 (0.39 in 2024), below 1. Short-term debt is 157.7% and cash 20.4% of total assets. Equity is negative.
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 56, small). It does better than 4% of them on solvency, 16% on liquidity, 4% on profitability and 3% 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).

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Signals

Six signals.
lowers riskraises risk
raises risk · Negative equity -€183,290
NBB · annual accounts
raises risk · Loss of €117,253, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Liquidity: current ratio 0.27, cash €49,242
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€183,290
raises risk · 2025 accounts filed 29 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
29 days late
2024
7 days early
2023
31 days late
2022
2 days early
2021
22 days late
2020
1 day early
2019
32 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 6 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% 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 22 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€183,290 View
  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€117,253 View
  • Caution: Equity fell in 2025from -€66,037 to -€183,290 ▼ 178% View
  • Caution: Lower net result than 95% of companies in food and beverage servicesector median €10,387 · 4,793 companies -€117,253 View

Recent changes

  1. · Gazette deed Reappointment: ONEKEM (director)Permanent representative: PANIN Kwanchai
  2. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as SOMAR: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €189,000 and €267,000, founded between 1984 and 1998.

CompanyTotal assetsGross margin
SOMAR Brussel€241,368€596,972
V.D.C. COMPANY Sint-Lambrechts-Woluwe€225,379€666,025
LAVANYA Elsene€229,862€568,944
SYDNEM Wijnegem€257,132€624,009
BIG BEN Marche-en-Famenne€266,532€449,799
DE TITAANTJES Antwerpen€189,402€749,730
MY-TAI Wezembeek-Oppem€245,762€559,527
Full comparison

Key facts about SOMAR

What is the company number of SOMAR?
The company number of SOMAR is 0427.196.413. The VAT number is the same number with BE in front: BE 0427.196.413.
Where is SOMAR based?
The registered office is at de Wynantsstraat 21, 1000 Brussel.Company details
What does SOMAR do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of SOMAR?
The legal form of SOMAR is Private limited company (BV).
When was SOMAR founded?
SOMAR was founded on 08-03-1985.
Is SOMAR still active?
Yes, SOMAR is an active enterprise in the KBO register.
How many employees does SOMAR have?
SOMAR had an average of 14.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of SOMAR?
The turnover in financial year 2025 is ≈ €1.4m. This figure is estimated from the gross margin of €596,972 and 42 comparable companies (NACE 56111). It probably lies between €1.3m and €2.0m.
Is SOMAR profitable?
In financial year 2025, SOMAR made a loss of €117,253.
Where can I find the annual accounts of SOMAR?
SOMAR filed 41 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SOMAR due?
SOMAR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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