Financials
- Fiscal year
- 2025
- Total assets
- €529,514
- Profit
- €43,506
- Solvency
- 57.0%
Total assets▲ 9.9%
Net result
20192025
Somerset Projects
ActiveSummary
Somerset Projects has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €301,877 and a net result of €43,506. Equity is growing by ~18.2% per year across the filed fiscal years. Its solvency ranks better than 55% of 8535 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
What they do
Other business support services
NACE 82990
1 site
How big
€529,514total assets 2025
- Equity
- €301,877
- Profit
- €43,506
Turnover not published (abridged schema)
Who decides
Accounts 2 d early0 of 3 deeds read
Why 96- 1 change of registered office in 24 months+ Liquidity: current ratio 3.99, cash €228,497+ Sector Office administrative, office support and other business support activities (NACE 82)+ Equity €301,877 (57.0% of total assets)Show the evidence
Checked score
Score 2025
96
/ 100
Excellent
Probability in this band: under 0.55%
Better than 66% of its sector peers (NACE 82, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
82+3
equity 57.0% of total assets
Liquidity
98+19
short-term debt 12.6% · cash 43.2%
Profitability
79-19
return on assets 8.2%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
- 1 change of registered office in 24 months raises the probability
- Liquidity: current ratio 3.99, cash €228,497 lowers the probability
- Sector Office administrative, office support and other business support activities (NACE 82) lowers the probability
- Equity €301,877 (57.0% of total assets) lowers the probability
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 3.99 against 4.19 in 2024; short-term debt: 12.6% and cash: 43.2% of total assets), and 43% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 82, micro). Better than this share of them on solvency 57%, liquidity 93%, profitability 51%, growth against the median 63%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 29-07-2026, 2 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
2 d early
2024
3 d early
2023
5 d early
2022
35 d early
2021
35 d early
2020
36 d early
2019
3 d early
← 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 17 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% 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 July (5 of the last 5 filed years within 31 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Highest result since 2019net €112,285 ▲438%
Key points
- Caution: Result fell in 2025from €112,285 to €43,506 ▼ 61.3% View
- Positive: Among the best 15% on equitysector median €55,974 · 8,543 companies €301,877 View
- Positive: Always filed on timeaccounts within the deadline every year 7 years View
- Positive: 7 profitable years in a rowprofit 2025: €43,506 7 years View
By topic
Timeline
- Events
- 11
- Since
- 2020
- Next accounts
- by 31-07-2027
- 29-07-2026Annual accounts filed
- 28-07-2025Annual accounts filed
- 31-12-2024Highest result since 2019
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Other business support servicesNACE 82990
- Founded
- 07-05-2018
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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