Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SOMATRAC from Wellen, company number BE0889974604, closed financial year 2025 with a result of € 174 after tax. For that financial year SOMATRAC recorded a gross margin of € 214,956 and equity of € 96,050. Compared with financial year 2024, the result moved from € 111 to € 174. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 24, 2025.
€ 96,050
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 174
▲ 58% vs 2024
Profit after tax over the fiscal year.
€ 36,543
▼ 62% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 77,450.
People and assets in 2025
€ 74,867
▲ 16% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 153,957
▼ 9% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 272,470
▼ 19% vs 2024
€ 139,924 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 144,137
▲ 38% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,566
▼ 84% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 123,386 | € 158,621 | € 192,823 | € 214,956 | ▲ 11% |
| Profit after taxes | € 8,549 | € 22,688 | € 111 | € 174 | ▲ 58% |
| Equity | € 73,077 | € 95,765 | € 95,876 | € 96,050 | |
| Total debts | € 534,400 | € 374,228 | € 588,596 | € 515,164 | ▼ 12% |
| Cash | € 66,381 | € 12,492 | € 96,173 | € 36,543 | ▼ 62% |
| Land & buildings | - | € 34,468 | € 30,641 | € 26,814 | ▼ 12% |
| Retained profit | € 54,477 | € 77,165 | € 77,276 | € 77,450 | |
| Bank debt | € 265,399 | € 227,857 | € 337,571 | € 272,470 | ▼ 19% |
| Balance sheet total | € 607,477 | € 469,993 | € 684,472 | € 611,215 | ▼ 11% |
Key figures of SOMATRAC, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 November 2026.
What happened to SOMATRAC?
What happened at SOMATRAC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 174 (▲ 58% vs 2024). filed late Source: NBB ↗
- New establishment in Wellen. KBO
- Wendy Palmers became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 8,549 profit in 2022 to € 174 profit in 2025.
Paid € 2,727 in corporate taxes since 2022.
Best year ever: 2023, with € 22,688 profit.
Management
Behind SOMATRAC is Wendy Palmers.
Directors
According to the 2025 annual accounts
Wendy Palmers
Director
since 2007
Establishments
Establishment units
Physical locations of this company
Herenstraat 1
3830 Wellen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0889.974.604
- VAT number
- BE 0889.974.604
- Registered office
- Herenstraat 1, 3830 Wellen
- Names & denominations
- SOMATRAC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 June 2007
- Peppol
- Active · Active since 3 Nov 2025
- Activities · NACE
Teelt van pit- en steenvruchten
Fruitteelt
Handelsbemiddeling in de groothandel in machines, apparaten en werktuigen voor de industrie en in schepen en luchtvaartuigen
Handelsbemiddeling in machines, apparaten en werktuigen voor de industrie en in schepen en luchtvaartuigen