SERCO-CONSTRUCT
ActiveSummary
SERCO-CONSTRUCT has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €990,706 and a net result of €88,477. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 47% of 1,237 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Activity
Manufacture of metal structures and parts of structures
NACE 25110
1 site
Size
€2.3mtotal assets 2025
- Staff
- 3 FTE
- Equity
- €990,706
- Profit
- €88,477
Turnover not published (abbreviated format)
Structure
- SERLET DirkDirector
- Vicky CortvriendtDirector
2025 accounts 25 days early2 of 4 deeds summarised
Why 69raises risk1 change of registered office in 24 monthslowers riskSize: 3 FTE, total assets €2.3mFigures for financial year 2025 (filed 12-01-2026)Founded in 2006Show the evidence
Checked score
Score 2025
69
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 28% of its sector peers (NACE 25, micro)
Financial strength · tick = 2024
Average
Solvency
69-3
equity 43.5% of total assets
Liquidity
29-22
short-term debt 49.7% · cash 3.4%
Profitability
55-42
return on assets 3.9%
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.4%
12-2024: 0.6%▲ +0.2 percentage points vs 11-2024
01-2025: 0.1%▼ -0.5 percentage points vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025lowest value
07-2025: 0.1%● unchanged vs 06-2025lowest value
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.2%▲ +0.1 percentage points vs 11-2025
01-2026: 0.3%▲ +0.1 percentage points vs 12-2025
02-2026: 0.2%▼ -0.1 percentage points vs 01-2026
03-2026: 0.4%▲ +0.2 percentage points 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: 0.4%● unchanged vs 07-2026
09-2026: 0.4%● unchanged vs 08-2026
10-2026: 0.6%▲ +0.2 percentage points vs 09-2026highest value
Credit of up to €65,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.17, compared with 3.38 in 2024, below the usual 1.5; short-term debt: 49.7% and cash: 3.4% of total assets), and 56.5% 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 25, micro): better than 47% on solvency, 17% on liquidity, 25% on profitability and 21% on growth.
The bankruptcy probability was computed on 26-10-2026 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).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 06-01-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 days early
2024
42 days early
2023
41 days early
2022
39 days early
2021
on the day
2020
18 days early
2019
25 days early
← 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 27 days before the deadline; the sector median (NACE 25) for financial year 2024 is 8 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 23 December (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end26-10-2026 today31-01-2027 deadline
- Registered officeRegistered-office move
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · abbreviated…
Financials · financial year 2025, abbreviated format
Equity
€990,706▼ 12.3%
2024 · €1.1m
Total assets
€2.3m▼ 5.0%
2024 · €2.4m
Net result
€88,477▼ 83.5%
2024 · €536,751
Working capital
€192,385▼ 82.3%
2024 · €1.1m
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result falls in 2025; 2025 is 79% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.2m
2025
Net result€0.09m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€2.3m
2025
Equity€1.0m
2025
Debt€1.1m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.2m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)3.9%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency43.5%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.17
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)3
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 25, Manufacture of fabricated metal products, except machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€0.08m-€0.1m▲ 31.1%€0.2m▲ 54.9%€0.08m▼ 49.2%€0.09m▲ 7.0%€0.8m▲ 746%€0.2m▼ 78.5%
Net result€0.05m-€0.07mwithin the sector's middle half▲ 42.8%€0.1mwithin the sector's middle half▲ 68.3%€0.05mwithin the sector's middle half▼ 57.4%€0.05mwithin the sector's middle half▲ 7.3%€0.5mabove the sector's middle half▲ 943%€0.09mwithin the sector's middle half▼ 83.5%
Equity€0.5m-€0.5mwithin the sector's middle half▲ 14.6%€0.6mwithin the sector's middle half▲ 21.5%€0.7mwithin the sector's middle half▲ 7.5%€0.6mwithin the sector's middle half▼ 6.7%€1.1mwithin the sector's middle half▲ 76.6%€1.0mwithin the sector's middle half▼ 12.3%
Total assets€1.3m-€1.2mwithin the sector's middle half▼ 5.9%€1.6mwithin the sector's middle half▲ 31.0%€2.0mwithin the sector's middle half▲ 24.2%€2.4mwithin the sector's middle half▲ 22.0%€2.4mwithin the sector's middle half▼ 2.1%€2.3mwithin the sector's middle half▼ 5.0%
Debt€0.9m-€0.7m▼ 16.9%€1.0m▲ 38.1%€1.3m▲ 35.1%€1.8m▲ 36.8%€1.1m▼ 38.4%€1.1m▲ 1.7%
Working capital€0.2m-€0.3mwithin the sector's middle half▲ 41.7%€0.3mwithin the sector's middle half▲ 24.9%€0.4mwithin the sector's middle half▲ 14.5%€0.4mwithin the sector's middle half▲ 1.0%€1.1mabove the sector's middle half▲ 168%€0.2mwithin the sector's middle half▼ 82.3%
Solvency35.0%-42.6%within the sector's middle half▲ 7.6pp39.5%within the sector's middle half▼ 3.1pp34.2%within the sector's middle half▼ 5.3pp26.1%below the sector's middle half▼ 8.0pp47.1%within the sector's middle half▲ 21.0pp43.5%within the sector's middle half▼ 3.6pp
Current ratio1.47-1.89within the sector's middle half▲ 0.431.56within the sector's middle half▼ 0.341.38within the sector's middle half▼ 0.171.45within the sector's middle half▲ 0.063.38above the sector's middle half▲ 1.931.17within the sector's middle half▼ 2.21
Return on assets (ROA)3.6%-5.4%within the sector's middle half▲ 1.8pp7.0%within the sector's middle half▲ 1.5pp2.4%within the sector's middle half▼ 4.6pp2.1%within the sector's middle half▼ 0.3pp22.4%above the sector's middle half▲ 20.3pp3.9%within the sector's middle half▼ 18.5pp
Staff (FTE)3.5-4within the sector's middle half▲ 14.3%4within the sector's middle half=3.7within the sector's middle half▼ 7.5%3within the sector's middle half▼ 18.9%3within the sector's middle half=3within the sector's middle half=
above
within
below
the middle half of NACE 25, Manufacture of fabricated metal products, except machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.3m
Fixed assets
€952,922 ▲ 11.2%
Current assets
€1.3m ▼ 14.1%
Equity and liabilities €2.3m
Equity
€990,706 ▼ 12.3%
Provisions
€153,024 =
Debt
€1.1m ▲ 1.7%
Debt's share of the balance-sheet total rises from 46.5% to 49.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€224,487▼
2024 · €810,903
Cash flow
€149,724▼
2024 · €587,703
Quick ratio
0.94▼
2024 · 2.93
Debt to equity
1.14▲
2024 · 0.99
ROE
8.9%▼
2024 · 47.5%
Interest coverage
3.81▼
2024 · 16.67
Debt ≤ 1 year
€1.1m▲
2024 · €455,358
Income taxes
€36,205▲
2024 · €29,376
Staff costs
€212,288▲
2024 · €199,871
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,042 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94.3% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94.3%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,042 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0.001m | €0.005m | €0.6m | €0.01m | ▼ 97.8% |
| Remuneration, social security and pensions62 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.1m | €0.1m | €0.09m | €0.1m | €0.2m | €0.05m | €0.06m | ▲ 20.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €0.002m | - | - | - |
| Other operating charges640/8 | - | - | - | €0.01m | €0.008m | €0.005m | €0.008m | ▲ 47.7% |
| Gross operating margin9900 | €0.4m | €0.4m | €0.5m | €0.4m | €0.5m | €1.0m | €0.4m | ▼ 56.2% |
| Operating profit (loss)9901 | €0.08m | €0.1m | €0.2m | €0.08m | €0.09m | €0.8m | €0.2m | ▼ 78.5% |
| Financial income75/76B | - | - | - | €0.002m | €0.002m | €0.008m | €0.02m | ▲ 160% |
| Recurring financial income75 | €0.003m | €0.001m | €0.001m | €0.002m | €0.002m | €0.008m | €0.02m | ▲ 160% |
| Financial charges65/66B | - | - | - | €0.02m | €0.02m | €0.05m | €0.06m | ▲ 21.1% |
| Recurring financial charges65 | €0.02m | €0.01m | €0.009m | €0.02m | €0.02m | €0.05m | €0.06m | ▲ 21.1% |
| Profit (loss) for the period before taxes9903 | €0.07m | €0.09m | €0.2m | €0.07m | €0.07m | €0.7m | €0.1m | ▼ 82.7% |
| Transfer to deferred taxes680 | - | - | - | - | - | €0.2m | - | - |
| Income taxes67/77 | €0.02m | €0.03m | €0.04m | €0.02m | €0.02m | €0.03m | €0.04m | ▲ 23.2% |
| Profit (loss) for the period9904 | €0.05m | €0.07m | €0.1m | €0.05m | €0.05m | €0.5m | €0.09m | ▼ 83.5% |
| Transfer to tax-exempt reserves689 | - | - | - | - | - | €0.5m | - | - |
| Profit (loss) for the period to be appropriated9905 | €0.05m | €0.07m | €0.1m | €0.05m | €0.05m | €0.08m | €0.09m | ▲ 13.9% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.3m | €1.2m | €1.6m | €2.0m | €2.4m | €2.4m | €2.3m | ▼ 5.0% |
| Fixed assets21/28 | €0.7m | €0.6m | €0.6m | €0.6m | €1.1m | €0.9m | €1.0m | ▲ 11.2% |
| Intangible fixed assets21 | €0.004m | €0.002m | €0.006m | €0.01m | €0.01m | €0.007m | €0.004m | ▼ 43.6% |
| Tangible fixed assets22/27 | €0.7m | €0.6m | €0.6m | €0.6m | €1.1m | €0.8m | €0.9m | ▲ 11.7% |
| Land and buildings22 | - | - | - | €0.4m | €1.0m | €0.7m | €0.7m | = |
| Plant, machinery and equipment23 | - | - | - | €0.07m | €0.05m | €0.1m | €0.1m | ▼ 10.7% |
| Furniture and vehicles24 | - | - | - | €0.02m | €0.02m | €0.07m | €0.08m | ▲ 16.5% |
| Leasing and similar rights25 | - | - | - | €0.04m | €0.02m | - | - | - |
| Assets under construction and advance payments27 | - | - | - | - | - | - | €0.1m | - |
| Financial fixed assets28 | €115 | €115 | €115 | €115 | €0.007m | €0.007m | €0.007m | ▲ 2.0% |
| Current assets29/58 | €0.6m | €0.6m | €1.0m | €1.4m | €1.3m | €1.5m | €1.3m | ▼ 14.1% |
| Stocks and contracts in progress3 | €0.09m | €0.1m | €0.2m | €0.6m | €0.4m | €0.2m | €0.3m | ▲ 26.9% |
| Stocks30/36 | - | - | - | €0.3m | €0.2m | €0.1m | €0.2m | ▲ 29.4% |
| Contracts in progress37 | - | - | - | €0.4m | €0.2m | €0.07m | €0.08m | ▲ 21.9% |
| Amounts receivable within one year40/41 | €0.3m | €0.2m | €0.3m | €0.7m | €0.7m | €0.4m | €0.9m | ▲ 136% |
| Trade receivables40 | - | - | - | €0.7m | €0.7m | €0.3m | €0.9m | ▲ 157% |
| Other amounts receivable41 | - | - | - | €0.01m | €0.004m | €0.03m | €0.009m | ▼ 74.3% |
| Current investments50/53 | €0.008m | €0.03m | €0.06m | €0.08m | €0.09m | €0.8m | €0.1m | ▼ 88.3% |
| Cash at bank and in hand54/58 | €0.07m | €0.1m | €0 | €60 | €0.07m | €0.1m | €0.08m | ▼ 42.7% |
| Deferred charges and accrued income490/1 | - | - | - | €0.02m | €0.005m | €192 | €0.002m | ▲ 11× |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.3m | €1.2m | €1.6m | €2.0m | €2.4m | €2.4m | €2.3m | ▼ 5.0% |
| Equity10/15 | €0.5m | €0.5m | €0.6m | €0.7m | €0.6m | €1.1m | €1.0m | ▼ 12.3% |
| Contributions10/11 | €0.006m | - | - | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Reserves13 | €0.1m | €0.2m | €0.3m | €0.4m | €0.3m | €0.8m | €0.7m | ▼ 17.0% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | - | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €0.002m | - | - | - |
| Other1319 | - | - | - | €0.002m | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | - | - | €0.5m | €0.5m | = |
| Distributable reserves133 | - | - | - | €0.4m | €0.3m | €0.4m | €0.2m | ▼ 38.8% |
| Profit (loss) carried forward14 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Provisions and deferred taxes16 | - | - | - | - | - | €0.2m | €0.2m | = |
| Deferred taxes168 | - | - | - | - | - | €0.2m | €0.2m | = |
| Amounts payable17/49 | €0.9m | €0.7m | €1.0m | €1.3m | €1.8m | €1.1m | €1.1m | ▲ 1.7% |
| Amounts payable after more than one year17 | €0.4m | €0.4m | €0.4m | €0.3m | €0.9m | €0.7m | - | - |
| Financial debts170/4 | - | - | - | €0.3m | €0.9m | €0.7m | - | - |
| Amounts payable within one year42/48 | €0.4m | €0.3m | €0.6m | €1.0m | €0.9m | €0.5m | €1.1m | ▲ 148% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.07m | €0.05m | €0.02m | - | - |
| Financial debts43 | - | - | - | €0.3m | €0.4m | - | €0.3m | - |
| Credit institutions430/8 | - | - | - | €0.3m | €0.4m | - | €0.3m | - |
| Trade debts44 | €0.3m | €0.2m | €0.3m | €0.6m | €0.3m | €0.3m | €0.5m | ▲ 73.9% |
| Suppliers440/4 | - | - | - | €0.6m | €0.3m | €0.3m | €0.5m | ▲ 73.9% |
| Taxes, remuneration and social security45 | - | - | - | €0.03m | €0.03m | €0.02m | €0.04m | ▲ 136% |
| Taxes450/3 | - | - | - | €0.02m | €0.03m | €0.01m | €0.03m | ▲ 170% |
| Remuneration and social security454/9 | - | - | - | €0.009m | €0.005m | €0.005m | €0.009m | ▲ 67.8% |
| Other amounts payable47/48 | - | - | - | €0.02m | €0.2m | €0.2m | €0.4m | ▲ 140% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | €0.002m | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €46,862 | €66,916 | €112,635 | €47,978 | €51,467 | €536,751 | €88,477 | ▼ 83.5% |
| + Depreciation and write-downs630 | €103,833 | €97,404 | €93,523 | €104,228 | €173,249 | €50,952 | €61,247 | ▲ 20.2% |
| Operating cash flow (approximation) | €150,695 | €164,320 | €206,157 | €152,206 | €224,716 | €587,703 | €149,724 | ▼ 74.5% |
| Investment in fixed assets (approximation) | - | -€48,231 | -€92,475 | -€32,292 | -€750,312 | €236,747 | -€157,350 | - |
| Change in cash | - | €62,031 | -€131,502 | €60 | €68,480 | €65,348 | -€57,232 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 19 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | abbreviated format | 06-01-2026 | 2026-00005899 |
| 30-06-2024 | abbreviated format | 20-12-2024 | 2024-00620964 |
| 30-06-2023 | abbreviated format | 21-12-2023 | 2023-00533421 |
| 30-06-2022 | abbreviated format | 23-12-2022 | 2022-20545088 |
| 30-06-2021 | abbreviated format | 31-01-2022 | 2022-02900292 |
| 30-06-2020 | abbreviated format | 13-01-2021 | 2021-00800046 |
| 30-06-2019 | abbreviated format | 06-01-2020 | 2020-00200020 |
| 30-06-2018 | abbreviated format | 30-01-2019 | 2019-02800177 |
| 30-06-2017 | abbreviated format | 22-12-2017 | 2017-72700009 |
| 30-06-2016 | abbreviated format | 21-12-2016 | 2016-70700048 |
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BE 0458.198.207
Tienen · equity €985,483
bouw met staal
BE 0627.623.058
Oostrozebeke · equity €998,361
Of the 3,952 active companies whose main activity is manufacture of metal structures and parts of structures (NACE 25110), figures are known for 2,170. 1,345 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
2 directors, last change in 2023
SERLET Dirk
CurrentStatutory director · since 10-11-2023
Vicky Cortvriendt
CurrentStatutory director · since 10-11-2023
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
2 of this company's 4 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
2 people since 2023, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| SERLET Dirk |
|
| Vicky Cortvriendt |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
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Shareholding
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History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
16-02
Gazette deed
Registered officeRegistered-office move2 facts ▸
Gazette deed
Registered office
Registered-office move2 facts ▸
- Board meeting, 21-01-2026
- Registered-office move, Vlaskote 10, 9991 Maldegem
06-01
NBB filing
Annual accounts filed
financial year 2025 · abbreviated format
2024
20-12
NBB filing
Annual accounts filed
financial year 2024 · abbreviated format
30-06
Financial
Highest result from 2019 to 2025net €536,751 ▲943%
Operating result €759,952, net result €536,751, both a record.
30-06
Financial
Liquidity more than doubledcurrent ratio 3.38
Current ratio from 1.45 to 3.38; short-term debt falls from €900,199 to €455,358.
30-06
Financial
Equity above €1mequity €1.1m ▲76.6%
A profit in every financial year since 2019 builds equity to €1.1m.
2023
21-12
NBB filing
Annual accounts filed
financial year 2023 · abbreviated format
10-11
Gazette deed
Resignation: SERLET Dirk (statutory manager)Appointments: SERLET Dirk (statutory director) and Vicky Cortvriendt (statutory director) · Amendment of the articles · Legal form clause13 facts ▸
Gazette deed
Resignation: SERLET Dirk (statutory manager)
Appointments: SERLET Dirk (statutory director) and Vicky Cortvriendt (statutory director) · Amendment of the articles · Legal form clause13 facts ▸
- General meeting, 07-11-2023
- Amendment of the articles (2 times)
- Legal form clause, “behouden, besloten vennootschap” (deed in Dutch)
- Capital conversion, “opheffen en beschikbaar maken voor uitkering, tweede besluit” (deed in Dutch)
- Director resignation, SERLET Dirk (statutory manager)
- Director appointment, SERLET Dirk (statutory director)
- Director discharge, SERLET Dirk
- Other provision, “Titel ii.eigen vermogen en inbrengen, niet afgedrukt,alleen weglatingsteken” (deed in Dutch)
- Other provision, “Titel iii.effecten, niet afgedrukt,alleen weglatingsteken” (deed in Dutch)
- Director appointment, Vicky Cortvriendt (statutory director)
- Registered office clause, “EEKLO, Sint-Laureinsesteenweg 2 bus E” (deed in Dutch)
- Power of attorney
- +1 further fact in this act
2022
23-12
NBB filing
Annual accounts filed
financial year 2022 · abbreviated format
31-01
NBB filing
Annual accounts filed
financial year 2021 · abbreviated format
2021
13-01
NBB filing
Annual accounts filed
financial year 2020 · abbreviated format
2020
30-06
Financial
Equity above €500,000equity €525,089 ▲14.6%
A profit in every financial year since 2019 builds equity to €525,089.
Show earlier events
06-01
NBB filing
Annual accounts filed
financial year 2019 · abbreviated format
2019
30-01
NBB filing
Annual accounts filed
financial year 2018 · abbreviated format
2017
22-12
NBB filing
Annual accounts filed
financial year 2017 · abbreviated format
2016
21-12
NBB filing
Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 19 annual accounts filed, the latest 10 are here; all 19 are under Financials.
2 of 4 deeds read
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
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Register details
Identification
Legal formPrivate limited company
Founded27-09-2006
Financial year end30-06
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
25401Forging of metal
25530Machining of metals
33120Repair and maintenance of machinery
95313Repair and fitting of specific motor vehicle parts
Contact
Phone
0474585855Maldegem
E-invoicing
Reachable via Peppol
Peppol ID
0208:0883934076
Also
9925:BE0883934076
Registered
29-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits
2 applications in Flanders since 2024 · 2 granted
Nieuwbouw van bijgebouwen en niet overdekte lage constructie
Bouwen of herbouwen; Het reliëf van de bodem aanmerkelijk wijzigen; Nieuwbouw of aanleggen; Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning)
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Maldegem · 1 establishment unit since 2006
Ground area
5,000 m²
Parcel 43001H1186/00A002, Flanders. Linked by address, not a title deed.
1 establishment unit
SERCO-CONSTRUCT
since 2006unit no. 2.156.991.770
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 43001H1186/00A002 | Flanders | 5,000 m² | - | - |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De vervaardiging en de montage van metalen constructiewerken en gebinten voor de bouw,de vervaardiging van gesmede werkstukken van metaal…” (deed in Dutch)
7 activities (deed in Dutch)
- De vervaardiging en de montage van metalen constructiewerken en gebinten voor de bouw,de vervaardiging van gesmede werkstukken van metaal voor rekening van derden,de vervaardiging en de montage van gesmede werkstukken voor de bouw zoals trapleuningen,borstweringen,enzovoort.
- De vervaardiging van metalen werkstukken voor rekening van derden door toepassing van diverse technieken zoals boren,draaien,frezen,vonkerosief bewerken,schaven,lappen,tekfrezen,vlakken,zagen,slijpen en alle mogelijke bewerkingen in metaal.
- Onderhoud- en herstellingswerken van mechanische aard voor rekening van derden.
- Herstellen en onderhoud van mechanische onderdelen en de elektrische installatie van voertuigen,carrosserieherstellingen inclusief spuiten en verven.
- De revisie van automotoren.
- Het gewone onderhoud van voertuigen zoals wassen,anti-roestbehandeling,olie verversen,vervangen of herstellen van binnen- en buitenbanden,vervangen van ruiten,enzovoort.
- Het verwerven,huren,leasen,verkopen,verhuren van alle onroerende goederen zowel in volle eigendom,naakte eigendom als in vruchtgebruik,het aangaan en toestaan van erfpacht en/of opstal van alle onroerende goederen,in eigen beheer en ter verhoging van het patrimonium van de vennootschap.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- SERCO-CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Één of meer bestuurders, Bestuursorgaan” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Saturday of December at 14:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Ontbinding bij besluit algemene vergadering, zoals inzake statutenwijziging” (deed in Dutch)“Beslissing algemene vergadering, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Recht AV om één of meerdere andere vereffenaars aan te duiden,bevoegdheden te omlijnen en vergoeding te bepalen, bij ontbinding om welke…” (deed in Dutch)1 more provision on this in the deed