SOMIVANE
ActiveSummary
SOMIVANE has been active since 1974 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €536,342 and a net result of €101,414. Equity is growing by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 75% of 2076 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability84▲+3
Solvency88▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45,000 at 30 days acceptable
Liquidity ample (current ratio 2.49 against 2.26 in 2024; short-term debt: 32% and cash: 57.8% of total assets), and 36.5% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
63.5%
Return on assets
12%
Age of the figures
9 mo
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
9 d early
2023
3 d late
2022
on the day
2021
16 d early
2020
16 d late
2019
17 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 on the deadline day; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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 23 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#3 oldest company in Herstal, Construction sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€101,414▲ 20.6%
2024 · €84,109
Working capital
€401,727▲ 11.2%
2024 · €361,359
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction 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€57,027▼ 50.0%€119,509▲ 110%€113,388▼ 5.1%€124,255▲ 9.6%€148,551▲ 19.6%
Net result€39,987within the sector's middle half▼ 55.2%€95,557within the sector's middle half▲ 139%€85,339within the sector's middle half▼ 10.7%€84,109within the sector's middle half▼ 1.4%€101,414within the sector's middle half▲ 20.6%
Equity€464,644within the sector's middle half▲ 6.1%€486,058within the sector's middle half▲ 4.6%€500,062within the sector's middle half▲ 2.9%€511,144within the sector's middle half▲ 2.2%€536,342within the sector's middle half▲ 4.9%
Total assets€769,269within the sector's middle half▲ 3.3%€812,556within the sector's middle half▲ 5.6%€1.1mwithin the sector's middle half▲ 30.9%€872,129within the sector's middle half▼ 18.0%€844,787within the sector's middle half▼ 3.1%
Debt€304,625▼ 0.6%€326,498▲ 7.2%€563,457▲ 72.6%€360,985▼ 35.9%€308,445▼ 14.6%
Working capital€377,918within the sector's middle half▲ 16.7%€362,219within the sector's middle half▼ 4.2%€334,010within the sector's middle half▼ 7.8%€361,359within the sector's middle half▲ 8.2%€401,727within the sector's middle half▲ 11.2%
Solvency60.4%above the sector's middle half▲ 1.6pp59.8%above the sector's middle half▼ 0.6pp47.0%within the sector's middle half▼ 12.8pp58.6%within the sector's middle half▲ 11.6pp63.5%within the sector's middle half▲ 4.9pp
Current ratio2.51within the sector's middle half▲ 0.272.28within the sector's middle half▼ 0.231.75within the sector's middle half▼ 0.532.26within the sector's middle half▲ 0.512.49within the sector's middle half▲ 0.23
Return on assets (ROA)5.2%within the sector's middle half▼ 6.8pp11.8%within the sector's middle half▲ 6.6pp8.0%within the sector's middle half▼ 3.7pp9.6%within the sector's middle half▲ 1.6pp12.0%above the sector's middle half▲ 2.4pp
Staff (FTE)11within the sector's middle half▼ 0.9%10.2within the sector's middle half▼ 7.3%11.5within the sector's middle half▲ 12.7%11.6within the sector's middle half▲ 0.9%10within the sector's middle half▼ 13.8%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 20% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €844,787
Fixed assets
€172,788 ▼ 22.8%
Current assets
€671,999 ▲ 3.7%
Equity and liabilities €844,787
Equity
€536,342 ▲ 4.9%
Debt
€308,445 ▼ 14.6%
Debt's share of the balance-sheet total falls from 41.4% to 36.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€222,379▲
2024 · €202,515
Cash flow
€175,242▲
2024 · €162,369
Quick ratio
2.18▲
2024 · 1.97
Debt to equity
0.58▼
2024 · 0.71
ROE
18.9%▲
2024 · 16.5%
Interest coverage
44.40▲
2024 · 33.32
Debt ≤ 1 year
€270,272▼
2024 · €286,925
Debt > 1 year
€38,137▼
2024 · €73,689
Income taxes
€43,499▲
2024 · €34,709
Staff costs
€639,343▲
2024 · €608,295
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.4% 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%.
| 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 20,134 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €494,699 | €512,817 | €619,210 | €608,295 | €639,343 | ▲ 5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €56,373 | €48,392 | €79,691 | €78,260 | €73,828 | ▼ 5.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €3,096 | - |
| Other operating charges640/8 | €5,913 | €3,084 | €3,625 | €3,232 | €5,905 | ▲ 82.7% |
| Non-recurring operating charges66A | - | - | €1,260 | - | - | - |
| Gross operating margin9900 | €614,012 | €683,802 | €817,174 | €814,042 | €870,723 | ▲ 7.0% |
| Operating profit (loss)9901 | €57,027 | €119,509 | €113,388 | €124,255 | €148,551 | ▲ 19.6% |
| Financial income75/76B | €35 | €99 | €52 | €640 | €1,371 | ▲ 114% |
| Recurring financial income75 | €35 | €99 | €52 | €640 | €1,371 | ▲ 114% |
| Financial charges65/66B | €3,526 | €3,831 | €6,144 | €6,077 | €5,009 | ▼ 17.6% |
| Recurring financial charges65 | €3,526 | €3,831 | €6,144 | €6,077 | €5,009 | ▼ 17.6% |
| Profit (loss) for the period before taxes9903 | €53,536 | €115,777 | €107,296 | €118,818 | €144,913 | ▲ 22.0% |
| Income taxes67/77 | €13,549 | €20,220 | €21,957 | €34,709 | €43,499 | ▲ 25.3% |
| Profit (loss) for the period9904 | €39,987 | €95,557 | €85,339 | €84,109 | €101,414 | ▲ 20.6% |
| Profit (loss) for the period to be appropriated9905 | €39,987 | €95,557 | €85,339 | €84,109 | €101,414 | ▲ 20.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €769,269 | €812,556 | €1.1m | €872,129 | €844,787 | ▼ 3.1% |
| Fixed assets21/28 | €140,830 | €167,328 | €282,516 | €223,845 | €172,788 | ▼ 22.8% |
| Intangible fixed assets21 | - | - | €7,115 | €5,681 | €4,247 | ▼ 25.2% |
| Tangible fixed assets22/27 | €140,755 | €167,253 | €275,326 | €218,089 | €168,466 | ▼ 22.8% |
| Plant, machinery and equipment23 | €57,456 | €77,482 | €206,697 | €173,466 | €129,811 | ▼ 25.2% |
| Furniture and vehicles24 | €83,299 | €89,771 | €68,629 | €44,623 | €38,655 | ▼ 13.4% |
| Financial fixed assets28 | €75 | €75 | €75 | €75 | €75 | = |
| Current assets29/58 | €628,439 | €645,228 | €781,003 | €648,284 | €671,999 | ▲ 3.7% |
| Stocks and contracts in progress3 | €80,687 | €83,754 | €82,609 | €81,819 | €83,277 | ▲ 1.8% |
| Stocks30/36 | €80,687 | €83,754 | €82,609 | €81,819 | €83,277 | ▲ 1.8% |
| Amounts receivable within one year40/41 | €182,630 | €421,594 | €248,198 | €90,697 | €73,523 | ▼ 18.9% |
| Trade receivables40 | €146,210 | €395,579 | €225,645 | €74,630 | €31,691 | ▼ 57.5% |
| Other amounts receivable41 | €36,420 | €26,015 | €22,553 | €16,067 | €41,832 | ▲ 160% |
| Cash at bank and in hand54/58 | €349,174 | €122,109 | €434,176 | €452,105 | €488,526 | ▲ 8.1% |
| Deferred charges and accrued income490/1 | €15,948 | €17,771 | €16,020 | €23,663 | €26,673 | ▲ 12.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €769,269 | €812,556 | €1.1m | €872,129 | €844,787 | ▼ 3.1% |
| Equity10/15 | €464,644 | €486,058 | €500,062 | €511,144 | €536,342 | ▲ 4.9% |
| Contributions10/11 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Capital10 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Issued capital100 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Reserves13 | €99,114 | €99,114 | €99,114 | €179,114 | €279,114 | ▲ 55.8% |
| Non-distributable reserves130/1 | €6,150 | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Legal reserve130 | €6,150 | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Distributable reserves133 | €92,964 | €92,964 | €92,964 | €172,964 | €272,964 | ▲ 57.8% |
| Profit (loss) carried forward14 | €304,030 | €325,444 | €339,448 | €270,530 | €195,728 | ▼ 27.7% |
| Amounts payable17/49 | €304,625 | €326,498 | €563,457 | €360,985 | €308,445 | ▼ 14.6% |
| Amounts payable after more than one year17 | €52,355 | €42,322 | €116,128 | €73,689 | €38,137 | ▼ 48.2% |
| Financial debts170/4 | €52,355 | €42,322 | €116,128 | €73,689 | €38,137 | ▼ 48.2% |
| Amounts payable within one year42/48 | €250,521 | €283,009 | €446,993 | €286,925 | €270,272 | ▼ 5.8% |
| Current portion of amounts payable after more than one year42 | €64,917 | €58,239 | €67,455 | €42,439 | €35,552 | ▼ 16.2% |
| Trade debts44 | €114,055 | €157,408 | €306,676 | €174,568 | €155,946 | ▼ 10.7% |
| Suppliers440/4 | €114,055 | €157,408 | €306,676 | €174,568 | €155,946 | ▼ 10.7% |
| Advances received on contracts in progress46 | €4,110 | - | - | - | - | - |
| Taxes, remuneration and social security45 | €53,986 | €43,115 | €51,429 | €46,878 | €51,941 | ▲ 10.8% |
| Taxes450/3 | €3,943 | - | - | €4,949 | - | - |
| Remuneration and social security454/9 | €50,043 | €43,115 | €51,429 | €41,929 | €51,941 | ▲ 23.9% |
| Other amounts payable47/48 | €13,453 | €24,247 | €21,433 | €23,040 | €26,833 | ▲ 16.5% |
| Accrued charges and deferred income492/3 | €1,749 | €1,167 | €336 | €371 | €36 | ▼ 90.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €39,987 | €95,557 | €85,339 | €84,109 | €101,414 | ▲ 20.6% |
| + Depreciation and write-downs630 | €56,373 | €48,392 | €79,691 | €78,260 | €73,828 | ▼ 5.7% |
| Operating cash flow (approximation) | €96,360 | €143,949 | €165,030 | €162,369 | €175,242 | ▲ 7.9% |
| Investment in fixed assets (approximation) | - | -€74,890 | -€194,879 | -€19,589 | -€22,771 | ▼ 16.2% |
| Change in cash | - | -€227,065 | €312,067 | €17,929 | €36,421 | ▲ 103% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
03-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 3 days late
2023
31-12
Financial
Equity above €500,000Eq €500,062 ▲2.9%
6 profitable years in a row build equity to €500,062.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 16 days late
2020
17-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 17 days late
2019
31-12
Financial
Highest result since 2018net €116,878 ▲430%
Operating result €172,820, net result €116,878, both a record.
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 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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Directors · office · real estate
Directors
10 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, Herstal · 1 establishment unit since 1974
Ground area
2,337 m²
Building footprint
807 m²
Volume, LiDAR
4,055 m³
Parcel 62071B0730/00G000, Wallonia · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Rue Haute Claire 20, 4041 Herstal
since 19742.010.304.016
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62071B0730/00G000 | Wallonia | 2,337 m² | 1 · 807 m² | 7.4 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.
Structure & network
Owners and holdings
2 ownersChain of control
- MABEL2
- SOMIVANE
Highest known parent: MABEL2. The sources do not say who stands above it.
Owners 2
- MABEL2parent72.26%
- Julien Massinnatural personSourceown accounts 202527.74%
Holdings 0
The accounts to 31-12-2025 list no holdings, and no other source names one.
According to the 2025 annual accounts of SOMIVANE and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Recognised contractor
2 categoriesSOMIVANE SA38901
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Of 20,025 companies in sector 43320 we hold annual accounts for 9,138. 5,820 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
Founded05-09-1974
Fiscal year end31-12
Activities, NACEBEL 2025
22230Manufacture of rubber and plastic products
43320Joinery installation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0414502576
Also
9925:BE0414502576
Registered
06-01-2026
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.