SAERENS TECHNICAL SERVICES
ActiveSummary
SAERENS TECHNICAL SERVICES has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €311,607 and a net result of €16,732. Equity is growing by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 45% of 28806 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
What they do
Joinery installation
NACE 43320
1 site
How big
€735,463total assets 2025
- Equity
- €311,607
- Profit
- €16,732
Turnover not published (abridged schema)
Who decides
Accounts 2 d early0 of 1 deed read
Why 71- Higher-failure-rate sector+ Long track record+ Annual accounts: healthy financial profileLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability72▼-7
Solvency67▼-13
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22,000 at 30 days acceptable
Liquidity ample (current ratio 1.84 against 2.03 in 2024; short-term debt: 27% and cash: 27.5% of total assets), but 57.6% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
42.4%
Return on assets
2.3%
Age of the figures
9 mo
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
29 d early
2023
35 d early
2022
11 d late
2021
2 d early
2020
5 d early
2019
24 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 5 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
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. Usually files around 29 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Weakest financial yearnet €16,732 ▼61.6%
- Annual accounts filedfiscal year 2024 · micro…
Financials
Fiscal year 2025Total assets €735,463Profit €16,732Solvency 42.4%Liquidity 1.84
Total assets
€735,463▲ 38.3%
2018 - 2025
Net result
€16,732▼ 61.6%
2018 - 2025
Equity
€311,607▲ 5.7%
2018 - 2025
Solvency
42.4%▼ 13.1pp
2018 - 2025
Financials · fiscal year 2025, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€96,956▲ 118%€44,093▼ 54.5%€46,375▲ 5.2%€67,665▲ 45.9%€30,269▼ 55.3%
Net result€67,761above the sector's middle half▲ 124%€29,372above the sector's middle half▼ 56.7%€28,000within the sector's middle half▼ 4.7%€43,555above the sector's middle half▲ 55.6%€16,732within the sector's middle half▼ 61.6%
Equity€274,341above the sector's middle half▲ 32.8%€303,714above the sector's middle half▲ 10.7%€296,237above the sector's middle half▼ 2.5%€294,875above the sector's middle half▼ 0.5%€311,607above the sector's middle half▲ 5.7%
Total assets€466,256above the sector's middle half▲ 35.8%€455,829above the sector's middle half▼ 2.2%€470,337above the sector's middle half▲ 3.2%€531,636above the sector's middle half▲ 13.0%€735,463above the sector's middle half▲ 38.3%
Debt€191,915▲ 40.4%€152,116▼ 20.7%€174,100▲ 14.5%€236,761▲ 36.0%€423,856▲ 79.0%
Working capital€163,258above the sector's middle half▲ 43.1%€203,300above the sector's middle half▲ 24.5%€185,901above the sector's middle half▼ 8.6%€182,397above the sector's middle half▼ 1.9%€167,211above the sector's middle half▼ 8.3%
Solvency58.8%within the sector's middle half▼ 1.3pp66.6%above the sector's middle half▲ 7.8pp63.0%within the sector's middle half▼ 3.6pp55.5%within the sector's middle half▼ 7.5pp42.4%within the sector's middle half▼ 13.1pp
Current ratio2.55within the sector's middle half▲ 0.093.50above the sector's middle half▲ 0.953.16within the sector's middle half▼ 0.342.03within the sector's middle half▼ 1.131.84within the sector's middle half▼ 0.18
Return on assets (ROA)14.5%within the sector's middle half▲ 5.7pp6.4%within the sector's middle half▼ 8.1pp6.0%within the sector's middle half▼ 0.5pp8.2%within the sector's middle half▲ 2.2pp2.3%within the sector's middle half▼ 5.9pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 55% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €735,463
Fixed assets
€370,042 ▲ 115%
Current assets
€365,421 ▲ 1.6%
Equity and liabilities €735,463
Equity
€311,607 ▲ 5.7%
Debt
€423,856 ▲ 79.0%
Debt's share of the balance-sheet total rises from 44.5% to 57.6%. Equity and debt are higher.
Key figures and ratios
Key figures and ratios
EBITDA
€74,807▼
2024 · €100,830
Cash flow
€61,270▼
2024 · €76,719
Quick ratio
1.84▼
2024 · 2.03
Debt to equity
1.36▲
2024 · 0.80
ROE
5.4%▼
2024 · 14.8%
Interest coverage
9.76▼
2024 · 26.56
Debt ≤ 1 year
€198,210▲
2024 · €177,398
Debt > 1 year
€225,629▲
2024 · €59,363
Income taxes
€8,371▼
2024 · €20,706
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,048 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 96% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.4%
went bankrupt
3.6%
stopped otherwise
96%
still going
For this company itself Checked computes a higher bankruptcy probability: 0.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,048 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21,907 | €26,230 | €27,641 | €33,165 | €44,538 | ▲ 34.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €53 | - | - | - | - |
| Other operating charges640/8 | €831 | €865 | €1,077 | €1,007 | €1,053 | ▲ 4.6% |
| Gross operating margin9900 | €119,693 | €71,240 | €75,093 | €101,836 | €75,860 | ▼ 25.5% |
| Operating profit (loss)9901 | €96,956 | €44,093 | €46,375 | €67,665 | €30,269 | ▼ 55.3% |
| Financial income75/76B | €64 | €1,582 | €117 | €392 | €2,498 | ▲ 538% |
| Recurring financial income75 | €64 | €1,582 | €117 | €392 | €2,498 | ▲ 538% |
| Financial charges65/66B | €2,045 | €2,003 | €2,735 | €3,796 | €7,664 | ▲ 102% |
| Recurring financial charges65 | €2,045 | €2,003 | €2,735 | €3,796 | €7,664 | ▲ 102% |
| Profit (loss) for the period before taxes9903 | €94,975 | €43,671 | €43,757 | €64,260 | €25,103 | ▼ 60.9% |
| Income taxes67/77 | €27,214 | €14,299 | €15,757 | €20,706 | €8,371 | ▼ 59.6% |
| Profit (loss) for the period9904 | €67,761 | €29,372 | €28,000 | €43,555 | €16,732 | ▼ 61.6% |
| Profit (loss) for the period to be appropriated9905 | €67,761 | €29,372 | €28,000 | €43,555 | €16,732 | ▼ 61.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €466,256 | €455,829 | €470,337 | €531,636 | €735,463 | ▲ 38.3% |
| Formation expenses20 | €0 | €0 | €0 | €0 | €0 | - |
| Fixed assets21/28 | €197,464 | €171,233 | €198,341 | €171,841 | €370,042 | ▲ 115% |
| Intangible fixed assets21 | €250 | €0 | €0 | €0 | €0 | - |
| Tangible fixed assets22/27 | €197,214 | €171,233 | €198,341 | €171,841 | €370,042 | ▲ 115% |
| Land and buildings22 | €128,591 | €119,760 | €111,321 | €103,243 | €325,841 | ▲ 216% |
| Plant, machinery and equipment23 | €15,597 | €10,676 | €8,211 | €12,212 | €10,213 | ▼ 16.4% |
| Furniture and vehicles24 | €53,025 | €40,798 | €78,808 | €56,387 | €33,988 | ▼ 39.7% |
| Current assets29/58 | €268,792 | €284,596 | €271,996 | €359,795 | €365,421 | ▲ 1.6% |
| Stocks and contracts in progress3 | €366 | €366 | €366 | €366 | €366 | = |
| Stocks30/36 | €366 | €366 | €366 | €366 | €366 | = |
| Amounts receivable within one year40/41 | €75,692 | €66,034 | €127,324 | €130,974 | €60,291 | ▼ 54.0% |
| Trade receivables40 | €65,778 | €54,790 | €125,557 | €119,975 | €46,756 | ▼ 61.0% |
| Other amounts receivable41 | €9,914 | €11,244 | €1,767 | €11,000 | €13,535 | ▲ 23.1% |
| Current investments50/53 | - | - | - | - | €100,000 | - |
| Cash at bank and in hand54/58 | €189,651 | €214,441 | €141,723 | €226,614 | €201,901 | ▼ 10.9% |
| Deferred charges and accrued income490/1 | €3,084 | €3,755 | €2,583 | €1,841 | €2,862 | ▲ 55.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €466,256 | €455,829 | €470,337 | €531,636 | €735,463 | ▲ 38.3% |
| Equity10/15 | €274,341 | €303,714 | €296,237 | €294,875 | €311,607 | ▲ 5.7% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €242,248 | €271,620 | €264,144 | €262,782 | €279,514 | ▲ 6.4% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | €27,000 | €27,000 | €27,000 | €27,000 | €27,000 | = |
| Distributable reserves133 | €213,388 | €242,760 | €235,284 | €233,922 | €250,654 | ▲ 7.2% |
| Profit (loss) carried forward14 | €13,493 | €13,493 | €13,493 | €13,493 | €13,493 | = |
| Amounts payable17/49 | €191,915 | €152,116 | €174,100 | €236,761 | €423,856 | ▲ 79.0% |
| Amounts payable after more than one year17 | €86,380 | €70,820 | €88,004 | €59,363 | €225,629 | ▲ 280% |
| Financial debts170/4 | €86,380 | €70,820 | €88,004 | €59,363 | €225,629 | ▲ 280% |
| Amounts payable within one year42/48 | €105,534 | €81,296 | €86,096 | €177,398 | €198,210 | ▲ 11.7% |
| Current portion of amounts payable after more than one year42 | €15,306 | €15,561 | €27,605 | €28,419 | €39,303 | ▲ 38.3% |
| Trade debts44 | €45,452 | €45,642 | €36,469 | €76,236 | €62,095 | ▼ 18.5% |
| Suppliers440/4 | €45,452 | €45,642 | €36,469 | €76,236 | €62,095 | ▼ 18.5% |
| Advances received on contracts in progress46 | €19,000 | - | - | - | - | - |
| Taxes, remuneration and social security45 | €25,776 | €14,266 | €6,168 | €7,976 | €2,716 | ▼ 66.0% |
| Taxes450/3 | €25,776 | €14,266 | €6,168 | €7,976 | €2,716 | ▼ 66.0% |
| Other amounts payable47/48 | - | €5,826 | €15,855 | €64,767 | €94,097 | ▲ 45.3% |
| Accrued charges and deferred income492/3 | - | - | - | - | €17 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €67,761 | €29,372 | €28,000 | €43,555 | €16,732 | ▼ 61.6% |
| + Depreciation and write-downs630 | €21,907 | €26,230 | €27,641 | €33,165 | €44,538 | ▲ 34.3% |
| Operating cash flow (approximation) | €89,668 | €55,603 | €55,641 | €76,719 | €61,270 | ▼ 20.1% |
| Investment in fixed assets (approximation) | - | €0 | -€54,748 | -€6,665 | -€242,739 | ▼ 3,542% |
| Change in cash | - | €24,790 | -€72,718 | €84,890 | -€24,713 | ▼ 129% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
Demejen
BE 0721.542.517
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ESPRIT BOIS
BE 0829.979.114
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ALGEMENE SCHRIJNWERKERIJ JANSSENS NICK
BE 0845.521.185
Beerse · Eq €311,087
VAN DUN RAMEN EN DEUREN
BE 0895.895.463
Beerse · Eq €312,178
METAALONTWERPEN TINEL
BE 0473.464.918
Gent · Eq €310,587
Of 20,017 companies in this sector we hold annual accounts for 9,142. 6,824 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
13 eventsLatest 29-07-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €16,732 ▼61.6%
Net result drops to €16,732, the lowest in the series.
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 11 days late
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €67,761 ▲124%
Operating result €96,956, net result €67,761, both a record.
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €200,000Eq €206,580 ▲17.1%
3 profitable years in a row build equity to €206,580.
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Support & recognitions
1 funding sourceFlanders €633
Flemish government
€633
awarded · 2023 - 2025
Subsidies and aid
Flemish government
2023 to 2025 · 2 entries · €633 awarded · €633 paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | €105 | €105 |
| 2023 | 1 | €528 | €528 |
Company details
Private limited company · founded 20-08-2008Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded20-08-2008
Fiscal year end31-12
Abbreviation NL
S.T.S.
Activities, NACEBEL 2025
43320Joinery installation
43211General electrical installation work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0899866822
Also
9925:BE0899866822
Registered
17-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Lebbeke · 1 establishment unit since 2008
Ground area
884 m²
Building footprint
124 m²
Volume, LiDAR
678 m³
Parcel 42322C0848/00P000, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SAERENS JENS
since 2008unit no. 2.172.706.760
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42322C0848/00P000 | Flanders | 884 m² | 1 · 124 m² | 10.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies
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