SOMARAS
ActiveSummary
The computed 12-month bankruptcy probability of SOMARAS is 4.0% (moderate). The 2025 annual accounts show negative equity (-€153,493) and a net result of -€168,613. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 10645 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Retail sale of meat and meat products, excluding game and poultry
NACE 47221
3 sites
How big
€854,023total assets 2025
- Staff
- 6 FTE
- Equity
- -€153,493
- Loss
- -€168,613
Turnover not published (abridged schema)
Who decides
Accounts 51 d early0 of 3 deeds read
Why 15- Limited track record- Multiple establishment units- Higher-failure-rate sector- Annual accounts: weaker financial profile- Negative equityLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency7▼-22
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
4.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.28 against 0.67 in 2024; short-term debt: 118% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-18%
Return on assets
-19.7%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year -€153,493
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 10-06-2026, 51 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
51 d early
2024
44 d early
2023
35 d early
2022
31 d early
2021
26 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 37 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
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. Usually files around 27 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Weakest financial yearnet -€168,613
- Annual accounts filedfiscal year 2024 · abbreviated…
Financials
Fiscal year 2025Total assets €854,023Loss -€168,613Solvency -18.0%Liquidity 0.28
Total assets
€854,023▲ 118%
2021 - 2025
Net result
-€168,613▼ 113%
2021 - 2025
Equity
-€153,493
2021 - 2025
Staff (FTE)
6▲ 39.5%
2021 - 2025
Financials · fiscal year 2025, abbreviated schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€0.06m-€0.03m€0.1m▲ 286%-€0.08m-€0.2m▼ 92.0%
Net result-€0.06mbelow the sector's middle half-€0.03mwithin the sector's middle half€0.1mwithin the sector's middle half▲ 198%-€0.08mbelow the sector's middle half-€0.2mbelow the sector's middle half▼ 113%
Equity-€0.05mbelow the sector's middle half--€0.01mbelow the sector's middle half▲ 77.7%€0.09mbelow the sector's middle half€0.02mbelow the sector's middle half▼ 84.0%-€0.2mbelow the sector's middle half
Total assets€0.07mbelow the sector's middle half-€0.4mbelow the sector's middle half▲ 393%€0.5mbelow the sector's middle half▲ 43.2%€0.4mbelow the sector's middle half▼ 23.0%€0.9mwithin the sector's middle half▲ 118%
Debt€0.1m-€0.4m▲ 212%€0.4m▲ 13.5%€0.4m▼ 9.2%€1.0m▲ 168%
Working capital-€0.07mbelow the sector's middle half--€0.1mbelow the sector's middle half▼ 124%-€0.03mbelow the sector's middle half▲ 82.9%-€0.1mbelow the sector's middle half▼ 385%-€0.7mbelow the sector's middle half▼ 491%
Solvency-62.5%below the sector's middle half--2.8%below the sector's middle half▲ 59.7pp18.5%within the sector's middle half▲ 21.4pp3.9%below the sector's middle half▼ 14.7pp-18.0%below the sector's middle half▼ 21.8pp
Current ratio0.43below the sector's middle half-0.59below the sector's middle half▲ 0.160.94below the sector's middle half▲ 0.340.67below the sector's middle half▼ 0.270.28below the sector's middle half▼ 0.39
Return on assets (ROA)-83.3%below the sector's middle half-9.9%within the sector's middle half▲ 93.2pp20.5%above the sector's middle half▲ 10.7pp-20.2%below the sector's middle half▼ 40.7pp-19.7%below the sector's middle half▲ 0.5pp
Staff (FTE)0.2below the sector's middle half-2.6within the sector's middle half▲ 1,200%8.9above the sector's middle half▲ 242%4.3within the sector's middle half▼ 51.7%6within the sector's middle half▲ 39.5%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €162,566 in 2025 against €84,689 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €854,023
Fixed assets
€573,640 ▲ 315%
Current assets
€280,383 ▲ 10.7%
Equity and liabilities
Equity-€153,493
Debt€1.0m
Equity is negative: debt (€1.0m) exceeds the balance-sheet total (€854,023).
Key figures and ratios
Key figures and ratios
EBITDA
-€133,208▼
2024 · -€59,089
Cash flow
-€139,255▼
2024 · -€53,532
Quick ratio
0.22▼
2024 · 0.62
Interest coverage
-22.75▲
2024 · -66.20
Debt ≤ 1 year
€1.0m▲
2024 · €376,372
Income taxes
€191▲
2024 · €83
Staff costs
€252,118▲
2024 · €210,329
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,010 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 83% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
7.9%
went bankrupt
8.4%
stopped otherwise
83%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 4.0% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 6,010 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.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €131,866 | - | - | - |
| Remuneration, social security and pensions62 | €2,302 | €104,891 | €304,002 | €210,329 | €252,118 | ▲ 19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €904 | €6,333 | €21,670 | €25,600 | €29,358 | ▲ 14.7% |
| Other operating charges640/8 | - | €1,678 | €1,154 | €141 | €472 | ▲ 236% |
| Non-recurring operating charges66A | - | - | - | - | €82,432 | - |
| Gross operating margin9900 | -€56,743 | €147,757 | €461,390 | €151,380 | €201,814 | ▲ 33.3% |
| Operating profit (loss)9901 | -€59,949 | €34,855 | €134,564 | -€84,689 | -€162,566 | ▼ 92.0% |
| Financial income75/76B | €180 | €391 | €3,576 | €6,533 | - | - |
| Recurring financial income75 | €180 | €391 | €3,576 | €6,533 | - | - |
| Financial charges65/66B | €242 | €264 | €234 | €893 | €5,856 | ▲ 556% |
| Recurring financial charges65 | €242 | €264 | €234 | €893 | €5,856 | ▲ 556% |
| Profit (loss) for the period before taxes9903 | -€60,010 | €34,982 | €137,905 | -€79,049 | -€168,422 | ▼ 113% |
| Income taxes67/77 | - | - | €33,625 | €83 | €191 | ▲ 129% |
| Profit (loss) for the period9904 | -€60,010 | €34,982 | €104,280 | -€79,132 | -€168,613 | ▼ 113% |
| Profit (loss) for the period to be appropriated9905 | -€60,010 | €34,982 | €104,280 | -€79,132 | -€168,613 | ▼ 113% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €0.07m | €0.4m | €0.5m | €0.4m | €0.9m | ▲ 118% |
| Fixed assets21/28 | €0.02m | €0.1m | €0.1m | €0.1m | €0.6m | ▲ 315% |
| Intangible fixed assets21 | - | €0.1m | €0.1m | €0.08m | - | - |
| Tangible fixed assets22/27 | €0.02m | €0.03m | €0.02m | €0.06m | €0.6m | ▲ 876% |
| Plant, machinery and equipment23 | €0.02m | €0.02m | €0.02m | €0.04m | €0.3m | ▲ 618% |
| Furniture and vehicles24 | - | €256 | €189 | €122 | - | - |
| Other tangible fixed assets26 | €0.002m | €0.002m | €0.001m | €0.01m | €0.3m | ▲ 1,654% |
| Current assets29/58 | €0.05m | €0.2m | €0.4m | €0.3m | €0.3m | ▲ 10.7% |
| Stocks and contracts in progress3 | - | €0.02m | €0.02m | €0.02m | €0.06m | ▲ 175% |
| Stocks30/36 | - | €0.02m | €0.02m | €0.02m | €0.06m | ▲ 175% |
| Amounts receivable within one year40/41 | €0.05m | €0.2m | €0.4m | €0.2m | €0.2m | ▼ 4.2% |
| Trade receivables40 | €0.05m | €0.03m | €0.07m | €0.2m | €0.2m | ▼ 4.4% |
| Other amounts receivable41 | €139 | €0.1m | €0.3m | €117 | €443 | ▲ 279% |
| Cash at bank and in hand54/58 | - | €0.04m | €0.02m | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €0.07m | €0.4m | €0.5m | €0.4m | €0.9m | ▲ 118% |
| Equity10/15 | -€0.05m | -€0.01m | €0.09m | €0.02m | -€0.2m | ▼ 1,115% |
| Contributions10/11 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | - | - | €0.002m | €0.002m | €0.002m | = |
| Distributable reserves133 | - | - | €0.002m | €0.002m | €0.002m | = |
| Profit (loss) carried forward14 | -€0.06m | -€0.03m | €0.08m | -€0.001m | -€0.2m | ▼ 12,219% |
| Amounts payable17/49 | €0.1m | €0.4m | €0.4m | €0.4m | €1.0m | ▲ 168% |
| Amounts payable within one year42/48 | €0.1m | €0.4m | €0.4m | €0.4m | €1.0m | ▲ 168% |
| Trade debts44 | €0.1m | €0.3m | €0.3m | €0.3m | €0.4m | ▲ 58.2% |
| Suppliers440/4 | €0.1m | €0.3m | €0.3m | €0.3m | €0.4m | ▲ 58.2% |
| Taxes, remuneration and social security45 | €0.009m | €0.03m | €0.1m | €0.04m | €0.06m | ▲ 61.0% |
| Taxes450/3 | €0.008m | €0.01m | €0.08m | €0.01m | €0.01m | ▲ 9.0% |
| Remuneration and social security454/9 | €0.001m | €0.02m | €0.05m | €0.02m | €0.05m | ▲ 87.9% |
| Other amounts payable47/48 | €0.001m | - | - | €0.06m | €0.5m | ▲ 720% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€60,010 | €34,982 | €104,280 | -€79,132 | -€168,613 | ▼ 113% |
| + Depreciation and write-downs630 | €904 | €6,333 | €21,670 | €25,600 | €29,358 | ▲ 14.7% |
| Operating cash flow (approximation) | -€59,106 | €41,315 | €125,951 | -€53,532 | -€139,255 | ▼ 160% |
| Investment in fixed assets (approximation) | - | -€123,209 | -€3,263 | -€44,140 | -€464,825 | ▼ 953% |
| Change in cash | - | - | -€18,482 | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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BE 0646.744.431
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Of 3,042 companies in this sector we hold annual accounts for 1,568. 577 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector
Timeline
8 eventsLatest 10-06-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet -€168,613
Net result drops to -€168,613, the lowest in the series.
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2021net €104,280 ▲198%
Operating result €134,564, net result €104,280, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €34,982
Net result €34,982 after one loss-making year.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Support & recognitions
1 funding sourceFlanders €1,8642 registers with recognitionsFASFC 3 sites
Flemish government
€1,864
awarded · 2025
FASFC
3
authorised sites
Work and economy
2
current recognitions
Subsidies and aid
Flemish government
2025 · 1 entry · €1,864 awarded · €1,864 paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | €1,864 | €1,864 |
Schemes
Recognitions · licences · registrations
Food safety, FASFC
3 sites · 2 with a smileyKeerbergenunit no. 2.320.442.809
Maaseikunit no. 2.363.583.657
Dilbeekunit no. 2.379.390.895
Dual-learning approval
2 live approvalsKeukenmedewerker (vwo)
Keukenmedewerker duaal (so)
Company details
Private limited company · founded 15-01-2021Year ends 31-12Peppol reachable3 sites
Register details
Identification
Legal formPrivate limited company
Founded15-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
47221Retail sale of meat and meat products, excluding game and poultry
47120Other non-specialised retail sale
47222Retail trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0761646770
Also
9925:BE0761646770
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Aalter · 3 establishment units since 2021
Ground area
2.0 ha
Building footprint
1.3 ha
Volume, LiDAR
79,621 m³
4 parcels, Flanders · tallest building 13.5 m, ±3 floors. Linked by address, not a title deed.
116
companies at this address
See who is registered here
3 establishment units
BUURTSLAGERS
since 2021unit no. 2.320.442.809
Buurtslagers
since 2024unit no. 2.363.583.657
Buurtslagers
since 2025unit no. 2.379.390.895
4 parcels
Flanders
4
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44503H0052/00C000 | Flanders | 1.4 ha | 1 · 9,001 m² | 11.4 m · 3 fl. |
| 23026B0039/00L025 | Flanders | 2,726 m² | 1 · 1,805 m² | 13.5 m · 2 fl. |
| 24048C0334/00W003 | Flanders | 2,295 m² | 1 · 1,016 m² | 10.5 m · 1 fl. |
| 72024B1006/00H002 | Flanders | 1,530 m² | 1 · 963 m² | - |
Linked by address, not proof of ownership
Good to know
4 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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