SERATEC
ActiveSummary
The computed 12-month bankruptcy probability of SERATEC is 3.7% (moderate). The 2025 annual accounts show equity of €3k and a net result of €44k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 27786 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
49
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency28▲+28
Growth78▲+46
Track record94
Bankruptcy probability, 12 months
3.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
3%
Return on assets
44%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 27786 sector peers (2025).
NBB · sector comparisonPosition among 27786 sector peers
Solvency
better than 10%
← weakest
strongest →
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 04-05-2026, 88 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
88 d early
2024
114 d late
2023
20 d early
2022
45 d early
2021
79 d early
2020
60 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, micro schema
Equity
€3k
2024 · €-20k
2020: €2k
2021: €60k
2022: €65k
2023: €3k
2024: €-20k
2020 → 2025
Total assets
€100k▲ 105%
2024 · €49k
2020: €6k
2021: €108k
2022: €137k
2023: €104k
2024: €49k
2020 → 2025
Net result
€44k
2024 · €-23k
2020: €-1k
2021: €59k
2022: €5k
2023: €4k
2024: €-23k
2020 → 2025
Working capital
€-810▲ 97.4%
2024 · €-32k
2020: €727
2021: €46k
2022: €71k
2023: €-20k
2024: €-32k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€60k-€65k▲ 7.8%€3k▼ 95.4%€-20k€3k
Operating result€73k-€6k▼ 91.8%€31k▲ 407%€-21k€52k
Net result€59k-€5k▼ 92.0%€4k▼ 18.3%€-23k€44k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €52k after a loss of €21k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €100k
Fixed assets
€7k ▼ 63.4%
Current assets
€93k ▲ 213%
Equity and liabilities €100k
Equity
€3k
Debt
€97k
Debt finances 97.0% of the balance-sheet total.
Key figures and ratios
EBITDA
€64k▲
2024 · €-5k
Cash flow
€56k▲
2024 · €-7k
Current ratio
0.99▲
2024 · 0.48
Debt to equity
32.36▲
2024 · -3.51
ROA
44.0%▲
2024 · -46.0%
Interest coverage
50.52▲
2024 · -2.38
Debt ≤ 1 year
€94k▲
2024 · €61k
Debt > 1 year
€3k▼
2024 · €6k
Income taxes
€7k
Staff costs
€151k▲
2024 · €58k
A ratio outside any meaningful range has been withheld (balance sheet total €100k, equity €3k).
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 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€49k€100k▲
Fixed assets21/28€19k€7k▼
Tangible fixed assets22/27€18k€5k▼
Furniture and vehicles24€18k€5k▼
Financial fixed assets28€2k€2k=
Current assets29/58€30k€93k▲
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Amounts receivable within one year40/41€24k€68k▲
Trade receivables40€24k€68k▲
Other amounts receivable41€164-
Cash at bank and in hand54/58€4k€23k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€49k€100k▲
Equity10/15€-20k€3k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€-23k€0▲
Amounts payable17/49€68k€97k▲
Amounts payable after more than one year17€6k€3k▼
Financial debts170/4€6k€3k▼
Amounts payable within one year42/48€61k€94k▲
Current portion of amounts payable after more than one year42€5k€3k▼
Trade debts44€35k€26k▼
Suppliers440/4€35k€26k▼
Taxes, remuneration and social security45€21k€46k▲
Taxes450/3€11k€12k▲
Remuneration and social security454/9€10k€34k▲
Other amounts payable47/48-€19k
Accrued charges and deferred income492/3€599-
Income statement
Code20242025
Remuneration, social security and pensions62€58k€151k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€12k▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€54k€217k▲
Operating profit (loss)9901€-21k€52k▲
Financial income75/76B€91€0▼
Recurring financial income75€91€0▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€-23k€51k▲
Income taxes67/77-€7k
Profit (loss) for the period9904€-23k€44k▲
Profit (loss) for the period to be appropriated9905€-23k€44k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-23k€22k▲
Profit (loss) brought forward from the previous period14P€0€-23k▼
Profit to be distributed694/7-€22k
Return on contributions (dividend)694-€22k
The notes to these accounts (6 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
04-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €44k
Net result €44k after one loss-making year.
22-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 114 days late
2024
31-12
Financial
Weakest financial yearnet €-23k ▼688%
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
13-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €59k
Net result €59k after one loss-making year.
01-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Anderlecht · 1 establishment unit since 2020
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.
Industrielaan 91070 AnderlechtGround area
9,783 m²
Building footprint
4,538 m²
Volume, LiDAR
73,760 m³
Parcel 21306C0289/00B004, Brussels · tallest building 28.4 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
Industrielaan 9, 1070 Anderlecht
since 20202.308.740.055
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21306C0289/00B004 | Brussels | 9,782 m² | 1 · 4,538 m² | 28.4 m · 7 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Dual-learning approval
3 live approvalsElektrische installaties duaal (so)
Elektrotechnisch installateur (vwo)
Installateur elektrotechnische basiscomponenten duaal (so)
Similar companies · same sector, comparable size
Domotec-IT
BE 0727.693.604
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AFF PROJECTS
BE 0729.547.589
Zonhoven · Eq €3,000
SA Klima
BE 0733.519.938
Maasmechelen · Eq €3,000
VANBINST
BE 0745.558.133
Brugge · Eq €3,000
MBK ELEC
BE 0761.683.590
Vilvoorde · Eq €3,000
Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 2,562 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-10-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.