About Somerset
Somerset is a private limited company (BV/SRL) based in Sint-Lievens-Houtem, founded in 2017. Its main activity is classified as "Ontwikkeling van residentiële bouwprojecten". For the 2025 financial year, Somerset reported a loss of €420,699. The loss is larger than in 2024, when it was €359,528. Revenue was not published, which is common for abbreviated accounts. The gross margin came to €59,842, down 14% on 2024. Equity is negative (-€693,083): liabilities exceed assets. In 2018 it was €233,766. 7 annual accounts are available, covering 2018 to 2025.
- Sectors
- Restaurants Real estate agencies Hotels
- Signals
-
Negative equityNegative equity € -693K
Equity is negative: debts exceed assets (technically insolvent).
Reporting lossesReporting losses € -421KThe company reported a loss in the latest financial year.
Poor liquidityPoor liquidity 0.07The current ratio is below 1: may be insufficient to cover short-term debt.
Negative cashflowNegative cashflow € -110KOperating cash flow was negative in the latest financial year.
Positive EBITDAPositive EBITDA € 57KPositive EBITDA: operating activities are profitable.
- Shareholders
- Darta 50%
Financial ratios
|
|
2025
|
2024
|
2022
|
2021
|
|---|---|---|---|---|
|
€
60K
|
€
69K
|
€
-7K
|
€
-3K
|
|
|
€
57K
|
€
68K
|
€
-12K
|
€
-4K
|
|
|
€
-421K
|
€
-360K
|
€
-16K
|
€
-5K
|
|
|
€
-693K
|
€
-272K
|
€
189K
|
€
205K
|
|
|
-7.79%
|
-2.95%
|
2.84%
|
3.32%
|
|
|
€
9.59M
|
€
9.52M
|
€
6.48M
|
€
5.98M
|
|
|
€
12K
|
€
2K
|
€
1
|
€
17
|
Publications 2
All publicationsFrequently asked questions
Answers to the most common questions about Somerset, based on official government data and the filed annual accounts.
What is the VAT number of Somerset?
The VAT number of Somerset is BE0678.505.397.
When was Somerset established?
Somerset was founded in 12-07-2017.
What is the official address of Somerset?
The official address of Somerset is Oordegemstraat 30 Sint-Lievens-Houtem 9520.
What is the legal form of Somerset?
The juridical form of Somerset is Private limited company (BV/SRL).
What is the annual revenue of Somerset?
The 2025 accounts of Somerset do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
Is Somerset a reliable company?
Somerset is a registered Rechtspersoon with company number 0678.505.397 and can be verified through the official CBE database.
What is the credit limit of Somerset?
The estimated credit limit of Somerset is €45,273.
Is Somerset still active?
Somerset currently has the status "Normal situation" and is active.