Payment terms
73 days to suppliers
SER CONSTRUCT pays its suppliers 39 days later than in 2024. Customers pay 48 days later.
SER CONSTRUCT
Lifetime
5 annual accounts with figures on one time axispeak €451,394 (2021)
€344,008▼ 21.6%
lowest -€10,503 (2025)
-€10,503▼ €18,291
peak €48,926 (2024)
€38,424▼ 21.5%
€86,386▲ 62.7%
Board1 name since 2020
-
Documentsfilings and deeds
10-07-202640 days late
2025micro format
Turnover from €438,889 to €344,008Gross margin from €21,487 to €2,640Loss of €10,503Equity from €48,926 to €38,424Debts from €53,084 to €86,386
Key points
from the 2025 annual accountsFilings
5 annual accounts 1 late
The 2025 accounts came 40 days late. The other four were filed on time.
Position in the sector
-€10,503
Lower net result than 86% of companies in construction of buildings. Sector median €8,551 · 9,446 companies.
Checked score
47
Fair
Financially stronger than 23% of micro companies in construction of buildings (NACE 41)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
4.2% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.6%
01-2025: 1.7%▲ +0.1 percentage points vs 12-2024
02-2025: 1.8%▲ +0.1 percentage points vs 01-2025
03-2025: 1.9%▲ +0.1 percentage points vs 02-2025
04-2025: 2.0%▲ +0.1 percentage points vs 03-2025
05-2025: 2.1%▲ +0.1 percentage points vs 04-2025
06-2025: 3.0%▲ +0.9 percentage points vs 05-2025
07-2025: 1.6%▼ -1.4 percentage points vs 06-2025
08-2025: 1.6%● unchanged vs 07-2025
09-2025: 1.6%● unchanged vs 08-2025
10-2025: 1.5%▼ -0.1 percentage points vs 09-2025
11-2025: 1.5%● unchanged vs 10-2025lowest value
12-2025: 1.5%● unchanged vs 11-2025lowest value
01-2026: 1.6%▲ +0.1 percentage points vs 12-2025
02-2026: 1.7%▲ +0.1 percentage points vs 01-2026
03-2026: 1.7%● unchanged vs 02-2026
04-2026: 1.7%● unchanged vs 03-2026
05-2026: 1.8%▲ +0.1 percentage points vs 04-2026
06-2026: 2.4%▲ +0.6 percentage points vs 05-2026
07-2026: 2.7%▲ +0.3 percentage points vs 06-2026
08-2026: 5.1%▲ +2.4 percentage points vs 07-2026highest value
09-2026: 5.1%● unchanged vs 08-2026highest value
10-2026: 4.2%▼ -0.9 percentage points vs 09-2026
11-2026: 4.2%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Sector: Construction of residential and non-residential buildings (NACE 41)
Last filed accounts filed 40 days late; 1 of the last 3 accounts late
Size: turnover €344,008, total assets €124,810
Founded in 2020
Calculation
The band follows from the bankruptcy probability. 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 41, micro). It does better than 38% of them on solvency, 20% on liquidity, 13% on profitability and 22% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-10-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 3,440 companies had the same profile as SER CONSTRUCT has now. Each dot stands for 9 companies, two years later.
90.1%
were still trading
7.4%
stopped another way
2.3%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SER CONSTRUCT itself is higher: 4.2% within 12 months. It rests on far more data about SER CONSTRUCT than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,440 companies, not a prediction for SER CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is tight, with a current ratio of 1.25 (1.6 in 2024), below the usual 1.5. Short-term debt is 69.2% and cash 9.3% of total assets. 69.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
raises riskneutral
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-10-2025 was due by 31-05-2026 and was filed on 10-07-2026, 40 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 5 filingsDeviation from the deadline
2025
40 days late
2024
2 days early
2023
39 days early
2022
15 days early
2021
34 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 10 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-10-2026 is due by 31-05-2027. Nothing is late today. The company usually files around 16 May (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
31-10-2026 year end10-11-2026 today31-05-2027 deadline
Board and ownership
last known board- ASIMIONESE Sergiu 85 sharesdeed of 04-11-2020
- ASIMIONESE Vladimir 5 sharesdeed of 04-11-2020
- RUSU Marin 5 sharesdeed of 04-11-2020
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0750756541
ASIMIONESE Sergiu holds 85 shares
ASIMIONESE Vladimir holds 5 shares · RUSU Marin holds 5 shares · MAFTEI Pavel holds 5 shares · General meeting of 31-08-2020 · Gazette deed
First establishment
Emile Bockstaellaan 42, Brussels
Incorporation
Founding capital of €5,000, 100 shares · Founders: LIONTII Ilie, ASIMIONESE Vladimir, RUSU Marin and 2 others · Appointment: ASIMIONESE Sergiu (director) · published on 20-07-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SER CONSTRUCT Brussels | €124,810 | €2,640 | 30.8% | - |
| BUILDERZ Zedelgem | €117,194 | €2,812 | 21.3% | - |
| FJB CONSTRUCT Sint-Pieters-Leeuw | €125,379 | €2,173 | 41.0% | - |
| JALOZ Forest | €96,000 | €3,151 | 29.6% | - |
| SAMCRIS CONSTRUCT Dilbeek | €112,473 | €3,129 | 20.8% | - |
| SGR CONSULT Engis | €115,570 | €3,097 | 23.3% | - |
| Maison Valérie Giloteau Grez-Doiceau | €149,475 | €2,108 | 26.5% | - |
These companies have the same main activity as SER CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €96,000 and €149,000, founded between 2019 and 2021.
Official details
Source: KBO- Status
- Active since 16-07-2020Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 1 other
- Establishment unit
- 2.305.391.9711020 Brussels, since 05-08-2020
- Financial year end
- 31 October
- Peppol
- Reachable since 01-01-2026
Insights on SER CONSTRUCT
SER CONSTRUCT has existed since 2020. Turnover fell from €451,394 in 2021 to €344,008 in 2025.
Solvency fell in 2025 from 48.0% to 30.8% because of the loss and higher debts to suppliers.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SER CONSTRUCT
- What is the company number of SER CONSTRUCT?
- The company number of SER CONSTRUCT is 0750.756.541. The VAT number is the same number with BE in front: BE 0750.756.541.
- Where is SER CONSTRUCT based?
- The registered office is at Emile Bockstaellaan 42, 1020 Brussels.Company details
- What does SER CONSTRUCT do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of SER CONSTRUCT?
- SER CONSTRUCT is a private limited company (BV).
- When was SER CONSTRUCT founded?
- SER CONSTRUCT was founded on 16-07-2020.
- Is SER CONSTRUCT still active?
- Yes, SER CONSTRUCT is an active enterprise in the KBO register.
- What is the turnover of SER CONSTRUCT?
- The turnover of SER CONSTRUCT was €344,008 in financial year 2025, according to the filed annual accounts.Financials
- Is SER CONSTRUCT profitable?
- In financial year 2025, SER CONSTRUCT made a loss of €10,503.
- Where can I find the annual accounts of SER CONSTRUCT?
- SER CONSTRUCT filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SER CONSTRUCT due?
- SER CONSTRUCT must file the annual accounts for financial year 2026 by 31-05-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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