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SOMAXX

Active
Public limited companyfounded 200125 yrs activeHippodroomstraat 54, 8790 Waregem, BelgiumKBO/BCE: BE 0474.548.942
Summary

SOMAXX has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €169,196 and a net result of €206,864. Equity is growing by ~25.6% per year across the filed fiscal years. Its solvency ranks better than 29% of 718 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+15
Solvency45▼-7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days acceptable
Liquidity tight (current ratio 1.2 against 1.53 in 2024; short-term debt: 71% and cash: 4.5% of total assets), and 79.9% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 25 years 0 30 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
20.1%
Return on assets
24.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
28 d late
2024
61 d late
2023
61 d late
2022
102 d late
2021
89 d late
2020
111 d late
2019
69 d late
← 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 74 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% 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 1 October (4 of the last 5 filed years within 34 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

SOMAXX was incorporated on 10 April 2001.1 Total assets rose from EUR 376,972 in 2018 to EUR 840,741 in 2025 and headcount from 21.4 full-time equivalents in 2018 to 19.1 in 2022.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2022 and 2025

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Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€206,864▲ 221%
2024 · €64,494
Working capital
€118,041▲ 1.7%
2024 · €116,051
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€49,583▼ 33.0%€112,335▲ 127%€134,648▲ 19.9%€75,109▼ 44.2%€220,533▲ 194%
Net result€44,083within the sector's middle half▼ 30.5%€104,905above the sector's middle half▲ 138%€129,751above the sector's middle half▲ 23.7%€64,494within the sector's middle half▼ 50.3%€206,864above the sector's middle half▲ 221%
Equity€83,182within the sector's middle half▲ 113%€116,086within the sector's middle half▲ 39.6%€120,837within the sector's middle half▲ 4.1%€137,332within the sector's middle half▲ 13.7%€169,196within the sector's middle half▲ 23.2%
Total assets€301,486within the sector's middle half▼ 17.6%€937,065within the sector's middle half▲ 211%€580,723within the sector's middle half▼ 38.0%€500,494within the sector's middle half▼ 13.8%€840,741within the sector's middle half▲ 68.0%
Debt€218,305▼ 33.2%€820,979▲ 276%€459,886▼ 44.0%€363,162▼ 21.0%€671,545▲ 84.9%
Working capital-€34,487below the sector's middle half€577,420above the sector's middle half€182,829within the sector's middle half▼ 68.3%€116,051within the sector's middle half▼ 36.5%€118,041within the sector's middle half▲ 1.7%
Solvency27.6%within the sector's middle half▲ 16.9pp12.4%below the sector's middle half▼ 15.2pp20.8%within the sector's middle half▲ 8.4pp27.4%within the sector's middle half▲ 6.6pp20.1%within the sector's middle half▼ 7.3pp
Current ratio0.76below the sector's middle half▼ 0.303.82above the sector's middle half▲ 3.061.63within the sector's middle half▼ 2.191.53within the sector's middle half▼ 0.101.20within the sector's middle half▼ 0.33
Return on assets (ROA)14.6%above the sector's middle half▼ 2.7pp11.2%within the sector's middle half▼ 3.4pp22.3%above the sector's middle half▲ 11.1pp12.9%within the sector's middle half▼ 9.5pp24.6%above the sector's middle half▲ 11.7pp
Staff (FTE)20.9above the sector's middle half▲ 26.7%19.1above the sector's middle half▼ 8.6%0below the sector's middle half▼ 100%0below the sector's middle half0below the sector's middle half
above within below the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
  • 2025 Net result +221% on 2024. The accounts now follow the full schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
€0€100,000€200,000Operating result 2021: €49,583€49,583Net result 2021: €44,083€44,083Operating result 2022: €112,335€112,335Net result 2022: €104,905€104,905Operating result 2023: €134,648€134,648Net result 2023: €129,751€129,751Operating result 2024: €75,109€75,109Net result 2024: €64,494€64,494Operating result 2025: €220,533€220,533Net result 2025: €206,864€206,86420212022202320242025€0€100,000€200,000Operating result 2023: €134,648€135,000Net result 2023: €129,751€130,000Operating result 2024: €75,109€75,100Net result 2024: €64,494€64,500Operating result 2025: €220,533€221,000Net result 2025: €206,864€207,000202320242025
The operating result recovers in 2025; 2025 is 194% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €840,741
Fixed assets €125,593 ▼ 23.3%
Current assets €715,148 ▲ 112%
Equity and liabilities €840,741
Equity €169,196 ▲ 23.2%
Debt €671,545 ▲ 84.9%
Debt's share of the balance-sheet total rises from 72.6% to 79.9%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€262,087▲
2024 · €144,283
Cash flow
€248,417▲
2024 · €133,668
Debt to equity
3.97▲
2024 · 2.64
ROE
122.3%▲
2024 · 47.0%
Interest coverage
30.66▲
2024 · 10.11
Debt ≤ 1 year
€597,107▲
2024 · €220,644
Debt > 1 year
€74,439▼
2024 · €142,519
Income taxes
€15,053▲
2024 · €6,561
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,613 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.0% stopped otherwise
97% still going

For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.9%
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 2,613 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 59 lines
Balance sheet Code20242025
Assets
Total assets20/58€500,494€840,741▲
Fixed assets21/28€163,799€125,593▼
Tangible fixed assets22/27€163,799€125,593▼
Land and buildings22€63,617€48,662▼
Plant, machinery and equipment23€0-
Furniture and vehicles24€100,182€76,932▼
Current assets29/58€336,695€715,148▲
Amounts receivable within one year40/41€301,102€675,871▲
Trade receivables40€25,780€569,576▲
Other amounts receivable41€275,322€106,295▼
Cash at bank and in hand54/58€34,122€38,020▲
Deferred charges and accrued income490/1€1,471€1,257▼
Equity and liabilities
Total equity and liabilities10/49€500,494€840,741▲
Equity10/15€137,332€169,196▲
Contributions10/11€62,000€62,000=
Capital10€62,000€62,000=
Issued capital100€62,000€62,000=
Reserves13€75,332€107,196▲
Non-distributable reserves130/1€6,200€6,200=
Legal reserve130€6,200€6,200=
Distributable reserves133€69,132€100,996▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€363,162€671,545▲
Amounts payable after more than one year17€142,519€74,439▼
Financial debts170/4€64,944€47,298▼
Other amounts payable178/9€77,574€27,141▼
Amounts payable within one year42/48€220,644€597,107▲
Current portion of amounts payable after more than one year42€16,979€17,646▲
Financial debts43€0€261▲
Credit institutions430/8€0€261▲
Trade debts44€19,502€370,423▲
Suppliers440/4€19,502€370,423▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€11,162€33,777▲
Taxes450/3€11,162€33,777▲
Other amounts payable47/48€173,000€175,000▲
Income statement Code20242025
Non-recurring operating income76A€390€0▼
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€69,174€41,553▼
Other operating charges640/8€1,819€1,530▼
Non-recurring operating charges66A€20,023€0▼
Gross operating margin9900€166,125€263,616▲
Operating profit (loss)9901€75,109€220,533▲
Financial income75/76B€10,219€9,930▼
Recurring financial income75€10,219€9,930▼
Financial charges65/66B€14,273€8,547▼
Recurring financial charges65€14,273€8,547▼
Profit (loss) for the period before taxes9903€71,055€221,917▲
Income taxes67/77€6,561€15,053▲
Profit (loss) for the period9904€64,494€206,864▲
Profit (loss) for the period to be appropriated9905€64,494€206,864▲
Appropriation of the result
Profit (loss) to be appropriated9906€64,494€206,864▲
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€16,494€31,864▲
To the legal reserve6920€0-
To other reserves6921€16,494€31,864▲
Profit to be distributed694/7€48,000€175,000▲
Directors or managers695€48,000€175,000▲
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A€0--€390€0▼ 100%
Remuneration, social security and pensions62€154,541€158,315-€2,996€0--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€58,485€62,037€58,011€69,174€41,553▼ 39.9%
Other operating charges640/8€3,093€3,806€1,529€1,819€1,530▼ 15.9%
Non-recurring operating charges66A---€20,023€0▼ 100%
Gross operating margin9900€265,702€336,493€191,192€166,125€263,616▲ 58.7%
Operating profit (loss)9901€49,583€112,335€134,648€75,109€220,533▲ 194%
Financial income75/76B€209€633€12,527€10,219€9,930▼ 2.8%
Recurring financial income75€209€633€12,527€10,219€9,930▼ 2.8%
Financial charges65/66B€5,534€7,882€13,419€14,273€8,547▼ 40.1%
Recurring financial charges65€5,534€7,882€13,419€14,273€8,547▼ 40.1%
Profit (loss) for the period before taxes9903€44,258€105,085€133,755€71,055€221,917▲ 212%
Income taxes67/77€175€181€4,004€6,561€15,053▲ 129%
Profit (loss) for the period9904€44,083€104,905€129,751€64,494€206,864▲ 221%
Profit (loss) for the period to be appropriated9905€44,083€104,905€129,751€64,494€206,864▲ 221%
Line20212022202320242025Change
Assets
Total assets20/58€301,486€937,065€580,723€500,494€840,741▲ 68.0%
Fixed assets21/28€193,535€154,812€105,833€163,799€125,593▼ 23.3%
Intangible fixed assets21€666€333€0---
Tangible fixed assets22/27€192,769€154,379€105,833€163,799€125,593▼ 23.3%
Land and buildings22€160,147€122,397€73,978€63,617€48,662▼ 23.5%
Plant, machinery and equipment23€19,641€16,974€12,793€0--
Furniture and vehicles24€12,981€15,007€19,062€100,182€76,932▼ 23.2%
Financial fixed assets28€100€100€0---
Current assets29/58€107,951€782,253€474,890€336,695€715,148▲ 112%
Stocks and contracts in progress3€15,760€0----
Stocks30/36€15,760€0----
Amounts receivable within one year40/41€29,259€764,620€444,935€301,102€675,871▲ 124%
Trade receivables40€19,443€754,712€192,278€25,780€569,576▲ 2,109%
Other amounts receivable41€9,815€9,908€252,657€275,322€106,295▼ 61.4%
Cash at bank and in hand54/58€61,893€16,542€26,977€34,122€38,020▲ 11.4%
Deferred charges and accrued income490/1€1,040€1,091€2,978€1,471€1,257▼ 14.6%
Equity and liabilities
Total equity and liabilities10/49€301,486€937,065€580,723€500,494€840,741▲ 68.0%
Equity10/15€83,182€116,086€120,837€137,332€169,196▲ 23.2%
Contributions10/11€62,000€62,000€62,000€62,000€62,000=
Capital10€62,000€62,000€62,000€62,000€62,000=
Issued capital100€62,000€62,000€62,000€62,000€62,000=
Reserves13€6,200€6,200€58,837€75,332€107,196▲ 42.3%
Non-distributable reserves130/1€6,200€6,200€6,200€6,200€6,200=
Legal reserve130€6,200€6,200€6,200€6,200€6,200=
Distributable reserves133--€52,637€69,132€100,996▲ 46.1%
Profit (loss) carried forward14€14,982€47,886€0€0€0-
Amounts payable17/49€218,305€820,979€459,886€363,162€671,545▲ 84.9%
Amounts payable after more than one year17€75,867€616,145€167,824€142,519€74,439▼ 47.8%
Financial debts170/4---€64,944€47,298▼ 27.2%
Other amounts payable178/9€75,867€616,145€167,824€77,574€27,141▼ 65.0%
Amounts payable within one year42/48€142,438€204,834€292,062€220,644€597,107▲ 171%
Current portion of amounts payable after more than one year42---€16,979€17,646▲ 3.9%
Financial debts43--€163€0€261-
Credit institutions430/8--€163€0€261-
Trade debts44€107,893€18,194€98,881€19,502€370,423▲ 1,799%
Suppliers440/4€107,893€18,194€98,881€19,502€370,423▲ 1,799%
Advances received on contracts in progress46-€114,000€50,000€0--
Taxes, remuneration and social security45€34,545€640€13,525€11,162€33,777▲ 203%
Taxes450/3€23,811€640€13,525€11,162€33,777▲ 203%
Remuneration and social security454/9€10,735€0----
Other amounts payable47/48€0€72,000€129,492€173,000€175,000▲ 1.2%
Line20212022202320242025Change
Profit (loss) for the period9904€44,083€104,905€129,751€64,494€206,864▲ 221%
+ Depreciation and write-downs630€58,485€62,037€58,011€69,174€41,553▼ 39.9%
Operating cash flow (approximation)€102,567€166,941€187,762€133,668€248,417▲ 85.8%
Investment in fixed assets (approximation)--€23,313-€9,032-€127,140-€3,348▲ 97.4%
Change in cash--€45,351€10,435€7,145€3,898▼ 45.4%

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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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-08
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 28 days late
2025
31-12
Financial Highest result since 2018net €206,864 ▲221%
Operating result €220,533, net result €206,864, both a record.
31-12
Financial Equity above €150,000Eq €169,196 ▲23.2%
6 profitable years in a row build equity to €169,196.
30-09
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
30-09
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
2023
10-11
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 102 days late
2022
31-12
Financial Liquidity times 5current ratio 3.82
Current ratio from 0.76 to 3.82.
31-12
Financial Equity above €100,000Eq €116,086 ▲39.6%
3 profitable years in a row build equity to €116,086.
28-10
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 89 days late
2021
19-11
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 111 days late
2020
31-12
Financial Back to profitnet €63,451
Net result €63,451 after 2 loss-making years.
31-12
Financial Liquidity doublescurrent ratio 1.06
Current ratio from 0.46 to 1.06; short-term debt falls from €164,898 to €125,151.
Show earlier events
08-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 69 days late
2019
25-10
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 86 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
27-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts

We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Waregem · 1 establishment unit since 2001
seat establishment The establishment unit on the map
Ground area
2,516 m²
Building footprint
290 m²
Volume, LiDAR
1,755 m³
Parcel 34452B0332/00B000, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
Hippodroomstraat 54, 8790 Waregem
NACE 5141001
since 20012.100.374.949
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34452B0332/00B000 Flanders 2,516 m² 1 · 290 m² 10.5 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2023 · 2 entries · 270 EUR awarded · 270 EUR paid
Year Entries awardedpaid
2023 1 0 EUR135 EUR
2022 1 270 EUR135 EUR
Schemes
2 entries · 270 EUR · 270 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 13,417 companies in sector 73300 we hold annual accounts for 6,906. 5,386 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded10-04-2001
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
70200Business and other management consultancy
77222Rental and leasing activities
77223Rental and leasing activities
82300Organisation of conventions and trade shows
E-invoicing
Reachable via Peppol
Peppol ID 0208:0474548942
Also 9925:BE0474548942
Registered 13-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.