Cité Serine
ActiveSummary
Cité Serine has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-1.02M) and a net result of €-6k. Equity is shrinking by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 9% of 533 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▼-2
Solvency0=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.48 against 1.36 in 2024; short-term debt: 13% and cash: 8.6% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 87
Relative position
BE, all sectors
reference
Sector 87
lower
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-33%
Return on assets
-0.2%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-1.02M
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-05-2026, 73 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
73 d early
2024
73 d early
2023
57 d early
2022
46 d early
2021
47 d early
2020
33 d early
2019
35 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-6k
2024 · €24k
2018: €7k
2019: €75k
2020: €18k
2021: €-277k
2022: €-226k
2023: €-63k
2024: €24k
2018 → 2025
Working capital
€193k▲ 40.4%
2024 · €138k
2018: €233k
2019: €338k
2020: €409k
2021: €17k
2022: €-78k
2023: €-101k
2024: €138k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-744k-€-970k▼ 30.3%€-1.03M▼ 6.5%€-1.01M▲ 2.3%€-1.02M▼ 0.7%
Operating result€-206k-€-158k▲ 23.3%€1k€65k▲ 5,454%€5k▼ 91.7%
Net result€-277k-€-226k▲ 18.4%€-63k▲ 72.2%€24k€-6k
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 92% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.08M
Fixed assets
€2.49M ▼ 6.8%
Current assets
€592k ▲ 13.2%
Key figures and ratios
EBITDA
€199k▼
2024 · €257k
Cash flow
€188k▼
2024 · €215k
Solvency
-33.0%▼
2024 · -31.6%
Current ratio
1.48▲
2024 · 1.36
Debt to equity
-4.03▲
2024 · -4.16
ROA
-0.2%▼
2024 · 0.8%
Interest coverage
15.55▲
2024 · 6.15
Debt
€4.09M▼
2024 · €4.20M
Debt ≤ 1 year
€399k▲
2024 · €385k
Debt > 1 year
€3.63M▲
2024 · €3.56M
Staff costs
€1.49M▲
2024 · €1.44M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.19M€3.08M▼
Fixed assets21/28€2.67M€2.49M▼
Tangible fixed assets22/27€2.67M€2.49M▼
Land and buildings22€212k€197k▼
Plant, machinery and equipment23€15k€21k▲
Furniture and vehicles24€31k€24k▼
Other tangible fixed assets26€2.41M€2.24M▼
Current assets29/58€523k€592k▲
Amounts receivable within one year40/41€408k€328k▼
Trade receivables40€187k€110k▼
Other amounts receivable41€221k€218k▼
Cash at bank and in hand54/58€113k€264k▲
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€3.19M€3.08M▼
Equity10/15€-1.01M€-1.02M▼
Profit (loss) carried forward14€-1.01M€-1.02M▼
Amounts payable17/49€4.20M€4.09M▼
Amounts payable after more than one year17€3.56M€3.63M▲
Financial debts170/4€3.56M€3.63M▲
Amounts payable within one year42/48€385k€399k▲
Current portion of amounts payable after more than one year42€116k€116k▲
Trade debts44€76k€87k▲
Suppliers440/4€76k€87k▲
Taxes, remuneration and social security45€186k€193k▲
Taxes450/3€22k€10k▼
Remuneration and social security454/9€164k€182k▲
Accrued charges and deferred income492/3€256k€61k▼
Income statement
Code20242025
Non-recurring operating income76A€51k€26k▼
Remuneration, social security and pensions62€1.44M€1.49M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€192k€194k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1€173▲
Other operating charges640/8€3k€4k▲
Non-recurring operating charges66A€3k€11k▲
Gross operating margin9900€1.69M€1.69M▼
Operating profit (loss)9901€65k€5k▼
Financial income75/76B€403€978▲
Recurring financial income75€403€978▲
Financial charges65/66B€42k€13k▼
Recurring financial charges65€42k€13k▼
Profit (loss) for the period before taxes9903€24k€-6k▼
Profit (loss) for the period9904€24k€-6k▼
Profit (loss) for the period to be appropriated9905€24k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-1.01M€-1.02M▼
Profit (loss) brought forward from the previous period14P€-1.03M€-1.01M▲
Social balance
Average headcount (FTE)908722.822.7▼
The notes to these accounts (16 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
19-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
19-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €24k
Net result €24k after 3 loss-making years.
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet €-277k ▼1675%
Net result drops to €-277k, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Highest result since 2018net €75k ▲903%
Operating result €133k, net result €75k, both a record.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
08-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
14 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, Schaarbeek · 2 establishment units since 1996
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.
Trooststraat 79-831030 SchaarbeekGround area
3,714 m²
Building footprint
281 m²
Volume, LiDAR
3,148 m³
3 parcels, Brussels · tallest building 19.6 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
AREMIS
since 19962.143.474.722
CITE SERINE
since 19962.143.474.821
3 parcels
Brussels
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21906D0081/00N000 | Brussels | 3,520 m² | 1 · 129 m² | 19.6 m · 5 fl. |
| 21445C0234/00M034 | Brussels | 147 m² | 1 · 102 m² | 16.6 m · 4 fl. |
| 21362B0123/00D010 | Brussels | 46 m² | 1 · 51 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 106 companies in sector 87999 we hold annual accounts for 39. 21 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded15-04-1996
Fiscal year end31-12
Abbreviation FR
CITE SERINE
Activities, NACEBEL 2025
87999Residential care activities
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.