SOMAD
ActiveSOMAD has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €110k and a net result of €15k. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 75% of 18024 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
85
/ 100
Excellent▼ -15 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability67▲+3
Solvency83▼-17
Growth52=
Stability100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.26 against 2.98 in 2024), and 35.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
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
64.6%
Return on assets
8.7%
Age of the figures
8 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 31-08-2026, 31 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 filingsDeviation from the deadline
2025
31 d late
2024
61 d late
2023
61 d late
2022
65 d late
2021
78 d late
2020
115 d late
2019
145 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€110k▼ 18.0%
2024 · €135k
2018: €91k
2019: €126k
2020: €125k
2021: €137k
2022: €143k
2023: €117k
2024: €135k
2018 → 2025
Total assets
€171k▲ 8.6%
2024 · €157k
2018: €111k
2019: €170k
2020: €171k
2021: €168k
2022: €175k
2023: €139k
2024: €157k
2018 → 2025
Net result
€15k▼ 13.9%
2024 · €17k
2018: €44k
2019: €35k
2020: €-297
2021: €12k
2022: €6k
2023: €-26k
2024: €17k
2018 → 2025
Working capital
€16k▼ 64.4%
2024 · €45k
2018: €60k
2019: €46k
2020: €40k
2021: €45k
2022: €46k
2023: €27k
2024: €45k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€137k-€143k▲ 4.6%€117k▼ 18.1%€135k▲ 14.6%€110k▼ 18.0%
Operating result€18k-€11k▼ 41.6%€-25k€18k€22k▲ 21.4%
Net result€12k-€6k▼ 45.1%€-26k€17k€15k▼ 13.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 21% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €171k
Fixed assets
€94k▲ 5.1%
Current assets
€76k▲ 13.3%
Equity and liabilities €171k
Equity
€110k▼ 18.0%
Debt
€60k▲ 167%
The debt ratio rises from 14.4% to 35.4%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€39k▲
2024 · €34k
Cash flow
€33k▼
2024 · €33k
Solvency
64.6%▼
2024 · 85.6%
Current ratio
1.26▼
2024 · 2.98
Quick ratio
1.26▼
2024 · 2.98
Debt / equity
0.55▲
2024 · 0.17
ROE
13.4%▲
2024 · 12.7%
ROA
8.7%▼
2024 · 10.9%
Interest coverage
45.41▼
2024 · 322.21
Debt
€60k▲
2024 · €23k
Debt ≤ 1 year
€60k▲
2024 · €23k
Income taxes
€6k▲
2024 · €941
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€157k€171k▲
Fixed assets21/28€90k€94k▲
Intangible fixed assets21€71k€74k▲
Tangible fixed assets22/27€19k€20k▲
Plant, machinery and equipment23€16k€11k▼
Furniture and vehicles24€3k€9k▲
Financial fixed assets28€41€41=
Current assets29/58€67k€76k▲
Amounts receivable within one year40/41€16k€18k▲
Trade receivables40€230€460▲
Other amounts receivable41€16k€18k▲
Cash at bank and in hand54/58€48k€55k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€157k€171k▲
Equity10/15€135k€110k▼
Contributions10/11€6k€6k=
Reserves13€133k€103k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€132k€102k▼
Profit (loss) carried forward14€-5k€748▲
Amounts payable17/49€23k€60k▲
Amounts payable within one year42/48€23k€60k▲
Financial debts43€69€17▼
Credit institutions430/8€69€17▼
Trade debts44€154€3k▲
Suppliers440/4€154€3k▲
Other amounts payable47/48€22k€57k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€18k▲
Other operating charges640/8€1k€1k▲
Non-recurring operating charges66A€5-
Gross operating margin9900€35k€41k▲
Operating profit (loss)9901€18k€22k▲
Financial income75/76B€339€305▼
Recurring financial income75€339€305▼
Financial charges65/66B€106€869▲
Recurring financial charges65€106€869▲
Profit (loss) for the period before taxes9903€18k€21k▲
Income taxes67/77€941€6k▲
Profit (loss) for the period9904€17k€15k▼
Profit (loss) for the period to be appropriated9905€17k€15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€10k▲
Profit (loss) brought forward from the previous period14P€-22k€-5k▲
Transfer from equity791/2-€39k
Transfer to equity691/2-€9k
To other reserves6921-€9k
Profit to be distributed694/7-€39k
Return on contributions (dividend)694-€39k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Weakest financial yearnet €-26k ▼507%
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
04-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 65 days late
2022
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
2021
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
23-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 115 days late
2020
23-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 145 days late
2019
31-12
Financial
Equity above €100kEq €126k ▲38.1%
2 profitable years in a row build equity to €126k.
21-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 113 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Frameries · 4 establishment units since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Terre à Cailloux 417080 FrameriesGround area
7,928 m²
Building footprint
290 m²
Volume, LiDAR
1,340 m³
4 parcels, Wallonia · tallest building 13.0 m, ±4 floors. Linked by address, not a title deed.
4 establishment units
SOMAD
since 20032.135.394.919
SOMAD
since 20132.304.153.242
SOMAD
since 20132.304.149.381
SOMAD
since 20222.340.434.212
4 parcels
Wallonia
4
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53404B0725/00P000 | Wallonia | 5,743 m² | - | - |
| 53045C1007/00G003 | Wallonia | 1,121 m² | 1 · 95 m² | 8.0 m · 2 fl. |
| 52020A0312/00P000 | Wallonia | 951 m² | 1 · 131 m² | - |
| 25782D0679/00E000 | Wallonia | 113 m² | 1 · 64 m² | 13.0 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 3
4 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Apotheek Sint-Dimpna
BE 1005.778.152
Geel · Eq €110k
APOTHEEK BOURGEOIS
BE 0870.336.260
Zele · Eq €110k
Pharmacie Van Leeuw Maréchal
BE 0809.888.533
Bassenge · Eq €110k
Sevens Elise
BE 0789.573.763
Wetteren · Eq €111k
AUBELPHARMA
BE 0439.272.715
Aubel · Eq €111k
Of 5,209 companies in sector 47730 we hold annual accounts for 3,851. 3,441 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-12-2003
Fiscal year end31-12
Activities, NACEBEL
47730Retail sale of pharmaceutical products
52310
47740Retail trade
47741Retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses
47750Retail sale of cosmetics and toilet articles
52320
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0493/55.67.77