Financials
- Financial year
- 2025
- Total assets
- €91,247
- Loss
- -€29,718
- Solvency
- -30.4%
SEFO & SERDAR
ActiveSummary
The computed 12-month bankruptcy probability of SEFO & SERDAR is 3.3% (moderate). The 2025 annual accounts show negative equity (-€27,718) and a net result of -€29,718. Its solvency ranks better than 15% of 22,195 sector peers (NACE 47, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Retail sale of watches and jewellery
NACE 47770
1 site
Size
€91,247total assets 2025
- Equity
- -€27,718
- Loss
- -€29,718
Turnover not published (micro format)
Structure
Accounts filed 19 days late1 of 3 deeds read
Why 48raises riskFounded in 2025Negative equity -€27,718Sector: Retail trade (NACE 47)lowers riskSize: total assets €91,247Show the evidence
Checked score
Score 2025
48
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 8% of its sector peers (NACE 47, micro)
Financial strength
Weak
Solvency
0
equity -30.4% of total assets
Liquidity
9
short-term debt 130.4% · cash 7.3%
Profitability
0
return on assets -32.6%
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
03-2026: 1.8%lowest value
04-2026: 1.8%● unchanged vs 03-2026lowest value
05-2026: 1.9%▲ +0.1 percentage points vs 04-2026
06-2026: 2.2%▲ +0.3 percentage points vs 05-2026
07-2026: 2.3%▲ +0.1 percentage points vs 06-2026
08-2026: 2.6%▲ +0.3 percentage points vs 07-2026
09-2026: 3.1%▲ +0.5 percentage points vs 08-2026
10-2026: 3.3%▲ +0.2 percentage points vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.77; short-term debt: 130.4% and cash: 7.3% of total assets), and equity is negative.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 6% on solvency, 10% on liquidity and 6% on profitability.
The bankruptcy probability was computed on 08-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2025
19 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- Capital & sharesShare transfer · Shareholding ·…
Key points
By topic
Timeline
- Events
- 2
- Since
- 2025
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Retail sale of watches and jewelleryNACE 47770
- Founded
- 28-02-2025
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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