SOMAR
ActiveSummary
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. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 4,702 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.
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Tous pouvoirs aux fins de faire constater authentiquement la modification statutaire éventuelle, Région de Bruxelles-Capitale” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 12. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Un ou plusieurs, personnes physiques ou morales,actionnaires ou non” (deed in French)“Frais de représentation,voyages et déplacements, rémunération des administrateurs” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, registre des actions nominatives” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Organe d’administration, chacun des actionnaires” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Apport en numéraire avec émission de nouvelles actions – Droit de préférence, émission entièrement souscrite ou plus aucun actionnaire ne se…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of June
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Assemblée générale, formes prévues pour les modifications aux statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque cause et à quelque moment que ce soit, désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments” (deed in French)