SER GROUP CONSTRUCT
Annual accounts 2025
micro format, filed on 02-02-2026, 2 days lateMoney flows
of every €100 of turnover, €8.56 was lost in 2025Balance sheet
balance sheet total €89,158 on 30-06-2025in euro
in euro
Position in the sector
33.2%
Higher than 41% of 6,145 companies in 2025.
1.33
Higher than 44% of 5,989 companies in 2025.
-11.1%
Higher than 12% of 6,022 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 201511 months |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
20/58 |
89,158 | 180,692 | 106,526 | 27,058 | 30,601 | 32,794 | 257,582 | 39,893 | 14,589 | 6,800 | |
20 |
- | - | - | - | - | - | - | - | - | 600 | |
21/28 |
9,786 | 19,572 | - | - | - | 355 | 1,949 | 2,476 | - | 600 | |
22/27 |
9,786 | 19,572 | - | - | - | 355 | 1,949 | 2,476 | - | - | |
24 |
9,786 | 19,572 | - | - | - | 355 | 1,949 | 2,476 | - | - | |
29/58 |
79,373 | 161,120 | 106,526 | 27,058 | 30,601 | 32,440 | 255,633 | 37,418 | 14,589 | 6,200 | |
40/41 |
18,984 | 159,723 | 88,487 | 26,339 | 19,126 | 11,311 | 214,408 | 31,871 | 9,542 | - | |
40 |
514 | 154,335 | 84,799 | 21,385 | 15,107 | 10,145 | 201,084 | 31,871 | 8,886 | - | |
41 |
18,470 | 5,388 | 3,688 | 4,954 | 4,019 | 1,166 | 13,324 | - | 656 | - | |
54/58 |
40,459 | 1,397 | 510 | 719 | 9,045 | 21,128 | 10,975 | 1,447 | 1,348 | 6,200 | |
490/1 |
19,930 | - | 17,530 | - | 2,430 | - | 30,250 | 4,100 | 3,700 | - | |
| Balance sheet: equity and liabilities | |||||||||||
10/49 |
89,158 | 180,692 | 106,526 | 27,058 | 30,601 | 32,794 | 257,582 | 39,893 | 14,589 | 6,800 | |
10/15 |
29,574 | 39,467 | 28,614 | 20,856 | 17,489 | 27,448 | 23,827 | 13,792 | 14,589 | 5,811 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 6,200 | |
10 |
18,600 | 18,600 | 18,600 | 18,600 | - | - | - | - | - | - | |
100 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | - | - | 12,400 | |
13 |
642 | 642 | 642 | 642 | 642 | 642 | 642 | 140 | 140 | - | |
130/1 |
642 | 642 | 642 | 642 | 642 | 642 | - | - | - | - | |
130 |
642 | 642 | 642 | 642 | 642 | 642 | 642 | 140 | 140 | - | |
14 |
10,332 | 20,225 | 9,372 | 1,614 | -1,753 | 8,206 | 4,585 | -4,948 | -4,151 | -389 | |
17/49 |
59,585 | 141,226 | 77,912 | 6,201 | 13,112 | 5,346 | 233,755 | 26,101 | - | 989 | |
42/48 |
59,585 | 141,226 | 77,912 | 6,201 | 13,112 | 5,346 | 209,611 | 26,101 | - | 989 | |
44 |
57,133 | 135,078 | 56,451 | - | 831 | 225 | 194,469 | 24,391 | - | - | |
440/4 |
57,133 | 135,078 | 56,451 | - | 831 | 225 | 194,469 | 24,391 | - | - | |
45 |
- | 110 | - | - | 718 | - | - | 1,710 | - | - | |
450/3 |
- | 110 | - | - | 718 | - | - | 1,710 | - | - | |
47/48 |
2,452 | 6,038 | 21,461 | 6,201 | 11,563 | 5,121 | 15,143 | - | - | 989 | |
492/3 |
- | - | - | - | - | - | 24,143 | - | - | - | |
| Income statement | |||||||||||
70 |
115,607 | 350,814 | 113,285 | 57,465 | 186,557 | 446,331 | 276,794 | 55,195 | - | - | |
9900 |
6,948 | 20,708 | 7,923 | 4,112 | -9,604 | 7,075 | 11,871 | 688 | -6,116 | - | |
60/61 |
108,659 | 329,574 | 105,362 | 53,353 | 196,161 | 439,257 | 264,923 | 54,507 | 6,116 | - | |
630 |
9,787 | 9,787 | - | - | 355 | 1,594 | 1,570 | 1,238 | 300 | 300 | |
640/8 |
1,924 | - | - | - | - | 1,696 | 128 | 248 | - | 89 | |
9901 |
-4,763 | 10,921 | 7,923 | 4,112 | -9,959 | 3,785 | 10,174 | -797 | -6,416 | -389 | |
75/76B |
168 | - | - | - | - | - | - | - | - | - | |
75 |
168 | - | - | - | - | - | - | - | - | - | |
65/66B |
39 | 68 | 165 | 245 | 0 | 164 | 139 | - | - | - | |
65 |
39 | 68 | 165 | 245 | 0 | 164 | 139 | - | - | - | |
9903 |
-4,634 | 10,852 | 7,758 | 3,867 | -9,959 | 3,621 | 10,035 | -797 | -6,416 | -389 | |
67/77 |
5,259 | - | - | 499 | - | - | - | - | - | - | |
9904 |
-9,893 | 10,852 | 7,758 | 3,367 | -9,959 | 3,621 | 10,035 | -797 | -6,416 | -389 | |
9905 |
-9,893 | 10,852 | 7,758 | 3,367 | -9,959 | 3,621 | 10,035 | -797 | -6,416 | -389 | |
| Appropriation of the result | |||||||||||
9906 |
10,332 | 20,225 | 9,372 | 1,614 | -1,753 | 8,206 | 5,087 | -4,948 | -4,151 | -389 | |
14P |
20,225 | 9,372 | 1,614 | -1,753 | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | 502 | - | - | - | |
6920 |
- | - | - | - | - | - | 502 | - | - | - | |
| Document | |||||||||||
The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 02-02-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 2 days after the deadline. Filed on 2 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00030889.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 02-02-2026 | 2026-00030889 | |
| 30-06-2024 | micro format | 03-02-2025 | 2025-00033315 | |
| 30-06-2023 | full format | 30-01-2024 | 2024-00019258 | |
| 30-06-2022 | full format | 28-02-2023 | 2023-00034031 | |
| 30-06-2021 | full format | 02-02-2022 | 2022-04500397 | |
| 30-06-2020 | full format | 09-02-2021 | 2021-05100322 | |
| 30-06-2019 | full format | 18-12-2019 | 2019-76500540 | |
| 30-06-2018 | full format | 10-01-2019 | 2019-00900576 | |
| 30-06-2017 | full format | 06-03-2018 | 2018-06500186 | |
| 30-06-2015 | full format | 20-05-2016 | 2016-12800077 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 201511 months |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 5,023 | 20,708 | - | - | -9,604 | 5,379 | 11,743 | 441 | -6,116 | -89 | ||
| -106 | 20,639 | - | - | -9,604 | 5,216 | 11,604 | 441 | -6,116 | -89 | ||
| 0 | 29,360 | - | - | 0 | 0 | 1,043 | 3,713 | 300 | - | ||
| 39,062 | 887 | -209 | -8,326 | -12,083 | 10,153 | 9,528 | 99 | - | - | ||
| 19,788 | 19,894 | 28,614 | 20,856 | 17,489 | 27,094 | 46,022 | 11,317 | - | 5,211 | ||
| -4.1% | 3.1% | 7.0% | 7.2% | -5.3% | 0.8% | 3.7% | -1.4% | - | - | ||
| 33.2% | 21.8% | 26.9% | 77.1% | 57.2% | 83.7% | 9.3% | 34.6% | 100.0% | 85.5% | ||
| 1.33 | 1.14 | 1.37 | 4.36 | 2.33 | 6.07 | 1.22 | 1.43 | - | 6.27 | ||
| 2.01 | 3.58 | 2.72 | 0.30 | 0.75 | 0.19 | 9.81 | 1.89 | - | 0.17 | ||
| -33.5% | 27.5% | 27.1% | 16.1% | -56.9% | 13.2% | 42.1% | -5.8% | -44.0% | -6.7% | ||
| -11.1% | 6.0% | 7.3% | 12.4% | -32.5% | 11.0% | 3.9% | -2.0% | -44.0% | -5.7% | ||
| over 100 | over 100 | - | - | - | - | - | - | - | - | ||
| 2 days | 161 days | 273 days | 136 days | 30 days | 8 days | 265 days | 211 days | - | - | ||
| 192 days | 150 days | 196 days | - | 2 days | 0 days | 268 days | 163 days | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | €29,360 | - | - |
| €9,787 | €9,787 | - | - |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on SER GROUP CONSTRUCT
The operating result for 2025 is a loss of €4,763, after a profit of €10,921 in 2024. It is the lowest result since 2021.
Debt's share of the balance-sheet total falls from 78.2% to 66.8%. Equity and debt are lower.
- 2024 Turnover +210% on 2023. The accounts now follow the micro format, last year the full format.