SERBRUYNS STEVEN
ActiveSERBRUYNS STEVEN has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €56k and a net result of €2k. Equity is growing by ~8.3% per year across the filed fiscal years. Its solvency ranks better than 22% of 27619 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▼-1
Solvency45▼-1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity short (current ratio 0.8 against 0.77 in 2024; short-term debt: 46% and cash: 4.1% of total assets), and 79.7% of the assets are financed with debt.
Credit advice 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 · 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 · 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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 27619 sector peers (2025).
NBB · sector comparisonPosition among 27619 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
2 d late
2024
3 d late
2023
on the day
2022
on the day
2021
4 d early
2020
2 d early
2019
3 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€56k▼ 18.1%
2024 · €68k
2019: €44k
2020: €44k
2021: €51k
2022: €52k
2023: €62k
2024: €68k
2019 → 2025
Total assets
€275k▼ 14.1%
2024 · €320k
2019: €290k
2020: €296k
2021: €306k
2022: €254k
2023: €339k
2024: €320k
2019 → 2025
Net result
€2k▼ 70.9%
2024 · €6k
2019: €5k
2020: €2k
2021: €8k
2022: €15k
2023: €10k
2024: €6k
2019 → 2025
Working capital
€-26k▲ 17.3%
2024 · €-31k
2019: €16k
2020: €-32k
2021: €-47k
2022: €-52k
2023: €-48k
2024: €-31k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€51k-€52k▲ 1.7%€62k▲ 18.5%€68k▲ 10.4%€56k▼ 18.1%
Operating result€15k-€24k▲ 63.1%€19k▼ 20.4%€15k▼ 20.1%€11k▼ 30.3%
Net result€8k-€15k▲ 85.1%€10k▼ 37.7%€6k▼ 33.6%€2k▼ 70.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 30% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €275k
Fixed assets
€174k▼ 19.6%
Current assets
€101k▼ 2.7%
Equity and liabilities €275k
Equity
€56k▼ 18.1%
Debt
€219k▼ 13.0%
The debt ratio rises from 78.7% to 79.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€53k▼
2024 · €62k
Cash flow
€44k▼
2024 · €54k
Solvency
20.3%▼
2024 · 21.3%
Current ratio
0.80▲
2024 · 0.77
Quick ratio
0.42▲
2024 · 0.41
Debt / equity
3.93▲
2024 · 3.70
ROE
3.3%▼
2024 · 9.4%
ROA
0.7%▼
2024 · 2.0%
Interest coverage
8.97▼
2024 · 11.56
Debt
€219k▼
2024 · €252k
Debt ≤ 1 year
€127k▼
2024 · €135k
Debt > 1 year
€90k▼
2024 · €113k
Income taxes
€3k▼
2024 · €5k
Staff costs
€62k▲
2024 · €55k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€320k€275k▼
Fixed assets21/28€217k€174k▼
Tangible fixed assets22/27€217k€174k▼
Land and buildings22€125k€116k▼
Plant, machinery and equipment23€23k€12k▼
Furniture and vehicles24€69k€47k▼
Current assets29/58€104k€101k▼
Stocks and contracts in progress3€49k€48k▼
Stocks30/36€21k€16k▼
Contracts in progress37€28k€32k▲
Amounts receivable within one year40/41€50k€37k▼
Trade receivables40€38k€30k▼
Other amounts receivable41€12k€7k▼
Current investments50/53€3€0▼
Cash at bank and in hand54/58€3k€11k▲
Deferred charges and accrued income490/1€3k€5k▲
Equity and liabilities
Total equity and liabilities10/49€320k€275k▼
Equity10/15€68k€56k▼
Contributions10/11€6k€6k=
Reserves13€56k€44k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€56k€44k▼
Profit (loss) carried forward14€6k€6k=
Amounts payable17/49€252k€219k▼
Amounts payable after more than one year17€113k€90k▼
Financial debts170/4€113k€90k▼
Amounts payable within one year42/48€135k€127k▼
Current portion of amounts payable after more than one year42€25k€23k▼
Financial debts43€35€2k▲
Credit institutions430/8€35€2k▲
Trade debts44€89k€83k▼
Suppliers440/4€89k€83k▼
Taxes, remuneration and social security45€6k€5k▼
Taxes450/3€5k€2k▼
Remuneration and social security454/9€1k€2k▲
Other amounts payable47/48€15k€13k▼
Accrued charges and deferred income492/3€4k€3k▼
Income statement
Code20242025
Remuneration, social security and pensions62€55k€62k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47k€42k▼
Other operating charges640/8€4k€2k▼
Non-recurring operating charges66A€85€864▲
Gross operating margin9900€121k€118k▼
Operating profit (loss)9901€15k€11k▼
Financial income75/76B€2k€17▼
Recurring financial income75€2k€17▼
Financial charges65/66B€5k€6k▲
Recurring financial charges65€5k€6k▲
Profit (loss) for the period before taxes9903€11k€5k▼
Income taxes67/77€5k€3k▼
Profit (loss) for the period9904€6k€2k▼
Profit (loss) for the period to be appropriated9905€6k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€12k€8k▼
Profit (loss) brought forward from the previous period14P€6k€6k=
Transfer from equity791/2-€14k
Transfer to equity691/2€6k€2k▼
To other reserves6921€6k€2k▼
Profit to be distributed694/7-€14k
Return on contributions (dividend)694-€14k
The notes to these accounts (5 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
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 2 days late
2025
30-06
Financial
Weakest financial yearnet €2k ▼70.9%
Net result drops to €2k, the lowest in the series.
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 3 days late
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Highest result since 2019net €15k ▲85.1%
Operating result €24k, net result €15k, both a record.
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
03-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 3 days late
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Oudenaarde · 1 establishment unit since 2013
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.
Kerkgate 229700 OudenaardeGround area
1,492 m²
Building footprint
508 m²
Volume, LiDAR
1,087 m³
2 parcels, Flanders · tallest building 8.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SERBRUYNS STEVEN BVBA
since 20132.217.592.422
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45021A1234/00V007 | Flanders | 1,004 m² | 1 · 167 m² | 8.1 m · 1 fl. |
| 45021A1234/00G010 | Flanders | 488 m² | 1 · 341 m² | 6.6 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 20,025 companies in sector 43320 we hold annual accounts for 9,136. 7,481 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-01-2013
Fiscal year end30-06
Activities, NACEBEL
41001General construction of residential buildings
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.