SERCO BELGIUM

Active

Public limited companyfounded 1998active for 27 yearsWaverse steenweg 1945, 1160 Oudergem, Belgium18 active companies are registered at this addressKBO/BCE: BE 0464.923.671

Summary

SERCO BELGIUM has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.5m and a net result of €318,132. Equity is shrinking by about 11% per year across the filed financial years. Its solvency ranks better than 41% of 1,675 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow Report Compare

SERCO BELGIUMActiveChecked score 85/100

Risk analysis Report Compare

Activity

Other information technology and computer services

NACE 62900Computer programming NACE 62100

Largest employer in Oudergem, Telecoms and IT sector1 site

Size

€25.7mturnover 2025

Staff: 159.2 FTE
Equity: €2.5m
Profit: €318,132

Financial health

85 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.3%

Structure

Auditor: Ernst et Young Reviseurs d'Entreprises2025 accounts 14 days early5 of 21 deeds summarised

Why 85raises riskLiquidity: current ratio 1.50, cash €5,562lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Legal form: public limited companyFigures for financial year 2025 (filed 17-07-2026)Show the evidence

Checked score

Score 2025

85 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 42% of its sector peers (NACE 62, medium-sized)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 54+1

equity 28.6% of total assets

Liquidity 15+1

short-term debt 66.0% · cash 0.1%

Profitability 59+4

return on assets 3.6%

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (207 companies, NACE 62, medium-sized)

Last 24 months 11-2024: 0.9%highest value 12-2024: 0.9%● unchanged vs 11-2024highest value 01-2025: 0.9%● unchanged vs 12-2024highest value 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 0.8%▼ -0.1 percentage points vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 0.9%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%▼ -0.5 percentage points vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.3%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: 0.3%● unchanged vs 08-2026lowest value 10-2026: 0.3%● unchanged vs 09-2026lowest value

Credit of up to €210,000 on 30-day terms is acceptable

Liquidity ample (current ratio 1.5, compared with 1.46 in 2024, above the usual 1.5; short-term debt: 66% and cash: 0.1% of total assets), but 71.4% of the assets are financed with debt and provisions.

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 62, medium-sized): better than 42% on solvency, 12% on liquidity, 45% on profitability and 68% on growth.

The bankruptcy probability was computed on 23-10-2026 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 riskraises riskneutral

Liquidity: current ratio 1.50, cash €5,562

NBB · annual accounts

Sector: Computer programming, consultancy and related activities (NACE 62)

KBO

Legal form: public limited company

KBO

Figures for financial year 2025 (filed 17-07-2026)

NBB · annual accounts

Growing equity

Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.

NBB · annual accounts 2025

Equity per financial year

1819202122232425

2018 to 2025 · latest year €2.5m

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

14 days early

2024

16 days early

2023

21 days early

2022

52 days late

2021

177 days late

2020

345 days late

2019

354 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 125 days after the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 17 July (4 of the last 5 filed years within 66 days of that day).

Companies Code · seven months

Where today falls in the filing period

24-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

18-09-2026 Resignation: KPMG Réviseurs d'Entreprises SRL (statutory…Appointment: Ernst et Young Reviseurs…
17-07-2026 Annual accounts filedfinancial year 2025 · full…
25-09-2025 Resignation: Julie Veysset (director)Appointment: Michel Magonette (director) ·…

Key points

Positive: Largest employer in Oudergem, Telecoms and IT sectorin the Checked rankings No. 1 View
EU supportawarded from 2022 to 2025 €21.0m View
Caution: Result fell in 2025from €557,076 to €318,132 ▼ 42.9% View

By topic

Financials

Financial year: 2025
Turnover: €25.7m
Profit: €318,132
Solvency: 28.6%

Turnover▲ 9.5%

Net result

20182025

Go to Financials

Board & ownership

Board: 3 members
Auditor: Ernst et Young Reviseurs…

Justinien KubwayoDirector
Stephane VERDOYDirector
Michel MagonetteDirector

Go to Board & ownership

Timeline

Events: 37
Since: 2000
Next accounts: by 31-07-2027

15-07-2025Annual accounts filed
31-12-2024Back to profit
31-12-2024Equity above €2m

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Other information technology and computer servicesNACE 62900
Founded: 21-12-1998
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 1

See the provisions in the deeds

Go to Articles of association

Key facts about SERCO BELGIUM

What is the company number of SERCO BELGIUM?: 0464.923.671. In Belgium the VAT number is the company number with BE in front: BE 0464.923.671.
Where is SERCO BELGIUM based?: The registered office is at Waverse steenweg 1945, 1160 Oudergem.Company details
What does SERCO BELGIUM do?: According to the KBO register, the main activity is other information technology and computer services (NACE 62900).
What is the legal form of SERCO BELGIUM?: Public limited company (NV).
When was SERCO BELGIUM founded?: On 21-12-1998.
Is SERCO BELGIUM still active?: Yes, SERCO BELGIUM is an active enterprise in the KBO register.
How many employees does SERCO BELGIUM have?: On average 159.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of SERCO BELGIUM?: €25.7m in financial year 2025, according to the filed annual accounts.
Is SERCO BELGIUM profitable?: In financial year 2025, SERCO BELGIUM made a profit of €318,132.
Where can I find the annual accounts of SERCO BELGIUM?: SERCO BELGIUM filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SERCO BELGIUM due?: By 31-07-2027, for financial year 2026.Timeline