Serdico
ActiveSerdico has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €133k and a net result of €68k. Equity is growing by ~16.4% per year across the filed fiscal years. Its solvency ranks better than 57% of 1893 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+17
Solvency78▼-22
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 2.1 against 4.07 in 2024; short-term debt: 46.9% and cash: 12.6% of total assets), and 46.9% 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 25
Relative position
BE, all sectors
reference
Sector 25
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
53.1%
Return on assets
27.1%
Age of the figures
12 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 24-03-2026, 37 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
37 d early
2024
15 d early
2023
22 d early
2022
3 d early
2021
3 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€133k▼ 5.3%
2024 · €140k
2021: €81k
2022: €98k
2023: €128k
2024: €140k
2021 → 2025
Total assets
€250k▲ 34.5%
2024 · €186k
2021: €96k
2022: €111k
2023: €148k
2024: €186k
2021 → 2025
Net result
€68k▲ 102%
2024 · €34k
2021: €30k
2022: €17k
2023: €31k
2024: €34k
2021 → 2025
Working capital
€129k▼ 7.8%
2024 · €140k
2021: €81k
2022: €98k
2023: €128k
2024: €140k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€81k-€98k▲ 20.4%€128k▲ 31.5%€140k▲ 9.1%€133k▼ 5.3%
Operating result€42k-€26k▼ 38.8%€45k▲ 73.7%€50k▲ 12.6%€104k▲ 106%
Net result€30k-€17k▼ 43.9%€31k▲ 85.6%€34k▲ 9.1%€68k▲ 102%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 106% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €250k
Fixed assets
€4k
Current assets
€246k
Equity and liabilities €250k
Equity
€133k▼ 5.3%
Debt
€117k▲ 157%
The debt ratio rises from 24.6% to 46.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€105k
Cash flow
€69k
Solvency
53.1%▼
2024 · 75.4%
Current ratio
2.10▼
2024 · 4.07
Quick ratio
2.10▼
2024 · 4.07
Debt / equity
0.88▲
2024 · 0.33
ROE
51.0%▲
2024 · 24.0%
ROA
27.1%▲
2024 · 18.1%
Interest coverage
660.03
Debt
€117k▲
2024 · €46k
Debt ≤ 1 year
€117k▲
2024 · €46k
Income taxes
€36k▲
2024 · €17k
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€186k€250k▲
Fixed assets21/28-€4k
Tangible fixed assets22/27-€4k
Furniture and vehicles24-€4k
Current assets29/58€186k€246k▲
Amounts receivable within one year40/41€143k€215k▲
Trade receivables40-€15k
Other amounts receivable41€143k€199k▲
Cash at bank and in hand54/58€41k€31k▼
Deferred charges and accrued income490/1€1k€41▼
Equity and liabilities
Total equity and liabilities10/49€186k€250k▲
Equity10/15€140k€133k▼
Contributions10/11€550€550=
Reserves13€139k€132k▼
Distributable reserves133€139k€132k▼
Amounts payable17/49€46k€117k▲
Amounts payable within one year42/48€46k€117k▲
Trade debts44€10k€686▼
Suppliers440/4€10k€686▼
Taxes, remuneration and social security45€15k€46k▲
Taxes450/3€15k€46k▲
Other amounts payable47/48€21k€71k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€1k
Other operating charges640/8€1k€937▼
Gross operating margin9900€52k€106k▲
Operating profit (loss)9901€50k€104k▲
Financial income75/76B€61€33▼
Recurring financial income75€61€33▼
Financial charges65/66B€132€159▲
Recurring financial charges65€132€159▲
Profit (loss) for the period before taxes9903€50k€103k▲
Income taxes67/77€17k€36k▲
Profit (loss) for the period9904€34k€68k▲
Profit (loss) for the period to be appropriated9905€34k€68k▲
Appropriation of the result
Profit (loss) to be appropriated9906€34k€68k▲
Transfer from equity791/2€22k€75k▲
Transfer to equity691/2€34k€68k▲
To other reserves6921€34k€68k▲
Profit to be distributed694/7€22k€75k▲
Return on contributions (dividend)694€22k€75k▲
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
24-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2021net €68k ▲102%
Operating result €104k, net result €68k, both a record.
15-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
08-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Equity above €100kEq €128k ▲31.5%
3 profitable years in a row build equity to €128k.
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Weakest financial yearnet €17k ▼43.9%
Net result drops to €17k, the lowest in the series; recovery starts the following year.
27-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Herentals · 1 establishment unit since 2018
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.
Burchtstraat(HRT) 14B2200 HerentalsGround area
1.0 ha
Building footprint
1,379 m²
Volume, LiDAR
17,176 m³
Parcel 13302G0444/00A000, Flanders · tallest building 24.7 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Serdico
since 20182.274.874.583
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13302G0444/00A000 | Flanders | 1.0 ha | 1 · 1,379 m² | 24.7 m · 5 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
CHEMINEES PASSION
BE 0864.627.514
Nivelles · Eq €132k
PRO - METAAL
BE 0446.000.357
Turnhout · Eq €132k
METAAL OP MAAT
BE 0870.013.685
Zwevegem · Eq €132k
F.C.M.P.
BE 0563.940.182
Herstal · Eq €133k
TMS Facility Technics
BE 0865.307.801
Rumst · Eq €132k
Of 3,988 companies in sector 25110 we hold annual accounts for 2,148. 1,658 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-04-2018
Fiscal year end30-09
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
33120Repair and maintenance of machinery
42219Civil engineering
43120Site preparation
43130Specialised construction activities
77392Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.