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SOMERSET

Active
Private limited companyfounded 2017active for 9 yearsOordegemstraat 30, 9520 Sint-Lievens-Houtem, BelgiumKBO/BCE: BE 0678.505.397
Summary

The computed 12-month bankruptcy probability of SOMERSET is 1.8% (moderate). The 2025 annual accounts show negative equity (-€693,083) and a net result of -€420,699. Equity is shrinking by about 38% per year across the filed financial years. Its solvency ranks better than 11% of 11,186 sector peers (NACE 68, financial year 2025). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

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SOMERSETActiveChecked score 53/100
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Articles of association

What the company does

Name clauseThe name the company operates under according to its articles.
SOMERSET
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaamse Gewest, bestuursorgaan mag exploitatiezetels oprichten of opheffen zonder wijziging taalregime” (deed in Dutch)

deed of 10-11-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Artikel 14. Vertegenwoordigingsbevoegdheid Iedere bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als eiser of als…”
Board ruleHow the board is made up, meets and takes decisions.
“Bestuursorgaan, algemene vergadering bepaalt aantal,duur en bij meerdere bevoegdheid” (deed in Dutch)
1 more provision on this in the deed

deed of 10-11-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Duur, onbepaalde duur” (deed in Dutch)
Other provision: “10.00, zetel” (deed in Dutch)
Other provision: “Aandeelhouders kunnen eenparig en schriftelijk alle besluiten nemen binnen wettelijke grenzen behalve bij authentieke akte te verlijden…” (deed in Dutch)
Other provision: “Elektronische algemene vergaderingen, oproeping bevat procedures;procedures toegankelijk op website” (deed in Dutch)
Other provision: “12-31, 01-01” (deed in Dutch)
Other provision: “Elk aandeel gelijk aandeel in winstverdeling, bestemming winst-reserves” (deed in Dutch)
1 more provision in the deed, see the deed of 10-11-2023

deed of 10-11-2023

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