What does SOMERSET do?

SOMERSET is a hotel in Sint-Lievens-Houtem. Private Limited, started on 12 July 2017, 2 establishments.

What is the address of SOMERSET?

The registered office of SOMERSET is located at Oordegemstraat 30, 9520 Sint-Lievens-Houtem.

Is SOMERSET still active?

Yes. According to the CBE (29 October 2026) SOMERSET is active, legal situation “Normale toestand”, started on 12 July 2017.

Is SOMERSET registered on Peppol?

Yes, SOMERSET is registered on the Peppol network with ID 0208:0678505397.

What is the enterprise number of SOMERSET?

The enterprise number of SOMERSET is BE0678505397.

When was SOMERSET founded?

SOMERSET was founded on 12 July 2017.

Who are the directors of SOMERSET?

According to the 2025 annual accounts, the directors of SOMERSET are: Darta NV, Christine Spitaels, Guy De Vreese.

Is SOMERSET a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 12 July 2017; 4 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account; 2 establishments in the CBE.

How much profit did SOMERSET make in 2025?

SOMERSET recorded a loss after taxes of € 420,699 in financial year 2025.

What is the revenue of SOMERSET?

As a small company, SOMERSET is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 59,842.

SOMERSET (Private Limited) - Sint-Lievens-Houtem

Dossier SOMERSET, printed on 29 October 2026 from databakkes.be/en/0678505397/somerset. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 2 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

SOMERSET from Sint-Lievens-Houtem, company number BE0678505397, closed financial year 2025 with a result of € -420,699 after tax. For that financial year SOMERSET recorded a gross margin of € 59,842 and equity of € -693,083. Compared with financial year 2024, the result moved from € -359,528 to € -420,699. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.

What it is worth Caution

€ -693,083

▼ € 420,699 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -420,699

▼ 17 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 12,160

▲ € 9,799 vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -943,083.

People and assets in 2025

Vehicles and equipment

€ 40,689

▼ 7% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 8 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 3 million

▼ 11% vs 2024

€ 371,744 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.

Owed to suppliers

€ 192,463

▲ 57% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 14,491

▲ € 13,839 vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2024	2025	Change 2024 → 2025
Gross margin	€ -2,899 Gross margin 2021: € -2,899 First fiscal year in the series	€ -7,415 Gross margin 2022: € -7,415 ▼ € 4,516 vs 2021 (€ -2,899) Unfavourable step	€ 69,439 Gross margin 2024: € 69,439 ▲ € 76,854 vs 2022 (€ -7,415) Favourable step	€ 59,842 Gross margin 2025: € 59,842 ▼ 14% vs 2024 (€ 69,439) Unfavourable step	▼ 14%
Profit after taxes	€ -5,369 Profit after taxes 2021: € -5,369 First fiscal year in the series	€ -15,898 Profit after taxes 2022: € -15,898 ▼ € 10,529 vs 2021 (€ -5,369) Unfavourable step	€ -359,528 Profit after taxes 2024: € -359,528 ▼ € 343,630 vs 2022 (€ -15,898) Unfavourable step	€ -420,699 Profit after taxes 2025: € -420,699 ▼ € 61,171 vs 2024 (€ -359,528) Unfavourable step	▼ € 61,171
Equity	€ 205,196 Equity 2021: € 205,196 First fiscal year in the series	€ 189,299 Equity 2022: € 189,299 ▼ 8% vs 2021 (€ 205,196) Unfavourable step	€ -272,384 Equity 2024: € -272,384 ▼ € 461,683 vs 2022 (€ 189,299) Unfavourable step	€ -693,083 Equity 2025: € -693,083 ▼ € 420,699 vs 2024 (€ -272,384) Unfavourable step	▼ € 420,699
Total debts	€ 5,984,347 Total debts 2021: € 5,984,347 First fiscal year in the series	€ 6,482,643 Total debts 2022: € 6,482,643 ▲ 8% vs 2021 (€ 5,984,347) Unfavourable step	€ 9,519,971 Total debts 2024: € 9,519,971 ▲ 47% vs 2022 (€ 6,482,643) Unfavourable step	€ 9,591,381 Total debts 2025: € 9,591,381 ▲ 1% vs 2024 (€ 9,519,971) Unfavourable step	▲ 1%
Cash	€ 17 Cash 2021: € 17 First fiscal year in the series	€ 1 Cash 2022: € 1 ▼ 94% vs 2021 (€ 17) Unfavourable step	€ 2,361 Cash 2024: € 2,361 ▲ € 2,360 vs 2022 (€ 1) Favourable step	€ 12,160 Cash 2025: € 12,160 ▲ € 9,799 vs 2024 (€ 2,361) Favourable step	▲ € 9,799
Land & buildings	-	-	€ 8,033,533 Land & buildings 2024: € 8,033,533 First fiscal year in the series	€ 7,793,028 Land & buildings 2025: € 7,793,028 ▼ 3% vs 2024 (€ 8,033,533) Unchanged	▼ 3%
Retained profit	€ -44,804 Retained profit 2021: € -44,804 First fiscal year in the series	€ -60,701 Retained profit 2022: € -60,701 ▼ € 15,898 vs 2021 (€ -44,804) Unfavourable step	€ -522,384 Retained profit 2024: € -522,384 ▼ € 461,683 vs 2022 (€ -60,701) Unfavourable step	€ -943,083 Retained profit 2025: € -943,083 ▼ € 420,699 vs 2024 (€ -522,384) Unfavourable step	▼ € 420,699
Bank debt	€ 4,175,000 Bank debt 2021: € 4,175,000 First fiscal year in the series	€ 4,175,000 Bank debt 2022: € 4,175,000 Unchanged (€ 4,175,000) Unchanged	€ 3,310,752 Bank debt 2024: € 3,310,752 ▼ 21% vs 2022 (€ 4,175,000) Favourable step	€ 2,955,642 Bank debt 2025: € 2,955,642 ▼ 11% vs 2024 (€ 3,310,752) Favourable step	▼ 11%
Balance sheet total	€ 6,189,543 Balance sheet total 2021: € 6,189,543 First fiscal year in the series	€ 6,671,942 Balance sheet total 2022: € 6,671,942 ▲ 8% vs 2021 (€ 6,189,543) Unchanged	€ 9,247,587 Balance sheet total 2024: € 9,247,587 ▲ 39% vs 2022 (€ 6,671,942) Unchanged	€ 8,898,298 Balance sheet total 2025: € 8,898,298 ▼ 4% vs 2024 (€ 9,247,587) Unchanged	▼ 4%

Key figures of SOMERSET, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to SOMERSET?

What happened at SOMERSET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Sep 30, 2026 New annual accounts for financial year 2025: loss of € 420,699. filed late Source: NBB ↗
Feb 27, 2024 New establishment in Brakel. KBO
Jul 12, 2017 New establishment in Sint-Lievens-Houtem. KBO
Jul 12, 2017 Start of the company according to the CBE. KBO

In short

From € 5,369 loss in 2021 to € 420,699 loss in 2025.

Original PDFs at the National Bank ↗

Management

DARTA 50%

The stake of DARTA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

SOMERSET

Behind SOMERSET are Darta NV, Christine Spitaels and Guy De Vreese. The shares are held by DARTA (50%).

Directors

According to the 2025 annual accounts

Darta NV

Director · represented by Philippe Brantegem

Also active at: INFICO & CO, MEUBELWEELDE 2000, NIMOINVEST, LEDERWAREN BAEYENS, ZWIJNAARDE, HAPPY, A.B., TUINCAFE VERVAN +13 more

Christine Spitaels

Director

Also active at: GULDENSPOOR, EBMC

Guy De Vreese

Director

Also active at: BOUWONDERNEMING GUY DE VREESE, E.T. - PROJECTS, EBMC

Shareholders

DARTA

50%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Oordegemstraat 30

9520 Sint-Lievens-Houtem

2.357.116.727

Teirlinckstraat 24

9660 Brakel

Active since 27 February 2024

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

BOUWONDERNEMING GUY DE VREESE same network

€ 121,998 gross margin · 2026

E.T. - PROJECTS same network

GULDENSPOOR same network

€ 34,140 gross margin · 2025

EBMC same network

€ -511 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0678.505.397

VAT number

BE 0678.505.397

Registered office

Oordegemstraat 30, 9520 Sint-Lievens-Houtem

Names & denominations

SOMERSET

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

12 July 2017

Peppol

Active · Active since 23 Dec 2025

Activities · NACE

Hotels en dergelijke accommodatie

Ontwikkeling van residentiële bouwprojecten

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Activiteiten van eetgelegenheden met volledige bediening

Gites, vakantiewoningen en -appartementen

Eetgelegenheden met volledige bediening

View on CBE Public ↗ Annual accounts (NBB) ↗

SOMERSET

Warning lights

Financials

What happened to SOMERSET?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions