Summary
SOMOCOM is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €59.3m and a net result of €8.2m. Equity is growing by about 7.1% per year across the filed financial years. Its solvency ranks better than 95% of 1,808 sector peers (NACE 66, financial year 2025). The company has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Aan haar aandeelhouders een rechtstreeks of onrechtstreeks vermogensvoordeel uit te keren of te bezorgen” (deed in Dutch)
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, 1780 Wemmel,Romeinse Steenweg 1022” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Onverminderd deze algemene vertegenwoordigingsmacht van de raad van bestuur als college, handelend bij meerderheid van zijn leden, zal zowel…”
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Monday of December at 18:00