SERDISER
ActiveSummary
The computed 12-month bankruptcy probability of SERDISER is 5.4% (elevated). For SERDISER, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€43,095) and a net result of -€168,799. Equity is shrinking by about 58% per year across the filed financial years. Its solvency ranks better than 12% of 385 sector peers (NACE 02, financial year 2023). The company has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Staff
- 1 FTE
- Equity
- -€43,095
- Loss
- -€168,799
- Bankruptcy probabilitywithin 12 months
- 5.4%
Signalsraises riskFigures for financial year 2023 (filed 09-10-2023)Liquidity: current ratio 0.123 financial years not filed after the legal deadline; latest accounts 7 days late; 1 of the last 3 lateTwo or more financial years not filedlowers riskSector: Forestry and logging (NACE 02)neutralFiled after the deadlineShow the evidence
Bankruptcy probability
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
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Signals
This company filed its last 4 accounts on average 15 days after the deadline; the sector median (NACE 02) for financial year 2024 is 6 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (1)
- Capital & shares · Amendment of…Appointment: ISERBYT Pierre Michel Philippe…
- Annual accounts filedfinancial year 2023 · micro…
- Weakest financial yearnet -€168,799
Financials · financial year 2023, micro format
2024 annual accounts not yet filed, deadline passed on 30 September 2024 Financial year closed on 29 February 2024; filing due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 24 October 2026.
2019 to 2023, 5 financial years 2019 to 2023, 5 financial years
The operating result stays negative: a loss of €150,727 in 2023 against €13,302 in 2022; the loss grows and 2023 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 02, Forestry and logging: 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).
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €20,160 | €21,278 | ▲ 5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €61,371 | €60,410 | €61,989 | €55,050 | €57,817 | ▲ 5.0% |
| Other operating charges640/8 | - | - | - | €1,897 | €2,840 | ▲ 49.8% |
| Gross operating margin9900 | €33,586 | -€14,112 | €30,671 | €63,805 | -€68,792 | - |
| Operating profit (loss)9901 | -€48,142 | -€96,173 | -€54,258 | -€13,302 | -€150,727 | ▼ 1,033% |
| Financial income75/76B | - | - | - | €15 | - | - |
| Recurring financial income75 | - | - | - | €15 | - | - |
| Financial charges65/66B | - | - | - | €12,944 | €18,072 | ▲ 39.6% |
| Recurring financial charges65 | €13,288 | €13,682 | €13,143 | €12,944 | €18,072 | ▲ 39.6% |
| Profit (loss) for the period before taxes9903 | -€61,506 | -€109,946 | -€67,401 | -€26,231 | -€168,799 | ▼ 544% |
| Income taxes67/77 | €1,036 | - | - | - | - | - |
| Profit (loss) for the period9904 | -€62,542 | -€109,946 | -€67,401 | -€26,231 | -€168,799 | ▼ 544% |
| Profit (loss) for the period to be appropriated9905 | -€62,542 | -€109,946 | -€67,401 | -€26,231 | -€168,799 | ▼ 544% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €974,970 | €866,754 | €831,210 | €831,168 | €837,234 | ▲ 0.7% |
| Fixed assets21/28 | €887,832 | €827,422 | €781,997 | €693,852 | €770,906 | ▲ 11.1% |
| Tangible fixed assets22/27 | €887,832 | €827,422 | €781,997 | €693,852 | €770,906 | ▲ 11.1% |
| Land and buildings22 | - | - | - | €651,017 | €729,827 | ▲ 12.1% |
| Furniture and vehicles24 | - | - | - | €42,835 | €41,079 | ▼ 4.1% |
| Current assets29/58 | €87,139 | €39,332 | €49,212 | €137,316 | €66,328 | ▼ 51.7% |
| Amounts receivable within one year40/41 | €71,737 | €28,275 | €22,923 | €101,074 | €60,950 | ▼ 39.7% |
| Trade receivables40 | - | - | - | €98,410 | €53,071 | ▼ 46.1% |
| Other amounts receivable41 | - | - | - | €2,664 | €7,878 | ▲ 196% |
| Cash at bank and in hand54/58 | €12,701 | €7,946 | €23,780 | €33,536 | - | - |
| Deferred charges and accrued income490/1 | - | - | - | €2,706 | €5,379 | ▲ 98.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €974,970 | €866,754 | €831,210 | €831,168 | €837,234 | ▲ 0.7% |
| Equity10/15 | €329,282 | €219,336 | €151,935 | €125,704 | -€43,095 | - |
| Contributions10/11 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Capital10 | - | - | - | €61,500 | €61,500 | = |
| Issued capital100 | - | - | - | €61,500 | €61,500 | = |
| Reserves13 | €88,856 | €88,856 | €88,856 | €64,204 | €6,150 | ▼ 90.4% |
| Non-distributable reserves130/1 | - | - | - | €6,150 | €6,150 | = |
| Legal reserve130 | - | - | - | €6,150 | €6,150 | = |
| Distributable reserves133 | - | - | - | €58,054 | - | - |
| Profit (loss) carried forward14 | €178,926 | €68,980 | €1,579 | - | -€110,745 | - |
| Amounts payable17/49 | €645,689 | €647,418 | €679,275 | €705,464 | €880,329 | ▲ 24.8% |
| Amounts payable within one year42/48 | €367,227 | €355,895 | €376,002 | €390,199 | €547,726 | ▲ 40.4% |
| Financial debts43 | - | - | - | - | €169,881 | - |
| Credit institutions430/8 | - | - | - | - | €169,881 | - |
| Trade debts44 | €53,743 | €25,991 | €51,640 | €51,884 | €63,219 | ▲ 21.8% |
| Suppliers440/4 | - | - | - | €51,884 | €63,219 | ▲ 21.8% |
| Taxes, remuneration and social security45 | - | - | - | €10,451 | €3,168 | ▼ 69.7% |
| Taxes450/3 | - | - | - | €7,452 | - | - |
| Remuneration and social security454/9 | - | - | - | €2,999 | €3,168 | ▲ 5.6% |
| Other amounts payable47/48 | - | - | - | €327,864 | €311,457 | ▼ 5.0% |
| Accrued charges and deferred income492/3 | - | - | - | €315,265 | €332,604 | ▲ 5.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€62,542 | -€109,946 | -€67,401 | -€26,231 | -€168,799 | ▼ 544% |
| + Depreciation and write-downs630 | €61,371 | €60,410 | €61,989 | €55,050 | €57,817 | ▲ 5.0% |
| Operating cash flow (approximation) | -€1,171 | -€49,536 | -€5,412 | €28,819 | -€110,982 | - |
| Investment in fixed assets (approximation) | - | €0 | -€16,565 | €33,095 | -€134,871 | - |
| Change in cash | - | -€4,755 | €15,833 | €9,756 | - | - |
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 20 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 28-02-2023 | micro format | 05-10-2023 | 2023-00477656 |
| 28-02-2022 | micro format | 26-09-2022 | 2022-20449644 |
| 28-02-2021 | full format | 02-11-2021 | 2021-76600241 |
| 29-02-2020 | full format | 26-10-2020 | 2020-63300453 |
| 28-02-2019 | full format | 08-10-2019 | 2019-69000509 |
| 28-02-2018 | full format | 09-10-2018 | 2018-69000316 |
| 28-02-2017 | full format | 12-10-2017 | 2017-67200391 |
| 29-02-2016 | full format | 28-09-2016 | 2016-62200516 |
| 28-02-2015 | full format | 16-10-2015 | 2015-65000483 |
| 28-02-2014 | full format | 02-10-2014 | 2014-63900016 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Pierre ISERBYT |
|
| DIDIER Michèlle Pierette Claudette |
|
Owners and capital
Capital and shareholders
- ISERBYT Pierre Michel Philippe all shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 04-01-2024 Capital stated in the deed · €61,500 · 1,000 shares
Group and network
Connections & network
4 connected companiesBoard mandates elsewhere
1 board mandateHistory
Acts, filings and financial milestones
04-01
Gazette deed
Capital & shares · Amendment of the articles · Legal-form change · Resignations & appointmentsAppointment: ISERBYT Pierre Michel Philippe (administrateur statutaire unique) · Resignations: ISERBYT Pierre Michel Philippe (director) and DIDIER Michèlle Pierette Claudette (director) · Incorporation17 facts ▸
- General meeting, 18-12-2023
- Incorporation, 02-12-2002
- Board composition, ISERBYT Pierre Michel Philippe (director)
- Board composition, DIDIER Michèlle Pierette Claudette (director)
- Shareholding, “seul propriétaire totalité mille actions existantes” (deed in French)
- Other provision, “absence autres titres” (deed in French)
- Director appointment, ISERBYT Pierre Michel Philippe (administrateur statutaire unique) (2 times)
- Legal-form conversion, “société anonyme à administrateur unique statutaire” (deed in French) (2 times)
- Amendment of the articles (2 times)
- Power of attorney (2 times)
- Director resignation, ISERBYT Pierre Michel Philippe
- Director resignation, DIDIER Michèlle Pierette Claudette
- +5 further facts in this act
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 23 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21811M2585/00G002 | Brussels | 1,928 m² | 1 · 809 m² | 21.1 m · 5 |
| 21614E0069/00P004 | Brussels | 1,149 m² | 1 · 346 m² | 9.1 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Toute activité de gestion,de management et de conseil,en matière financière ou économique et de développement d’entreprises; Toute opération…” (deed in French)
15 activities (deed in French)
- Toute activité de gestion,de management et de conseil,en matière financière ou économique et de développement d’entreprises
- Toute opération d’investissement,l’acquisition et la détention de toutes actios,valeurs mobilières,droits et biens meubles et immeubles,et,de manière générale,tout intérêt dans des investissements meubles ou immeubles
- Acquérir tout intérêt par association ou apport de capitaux,fusion,souscription,participation,intervention financière ou autrement dans n'importe quelle société,entreprise et opération ayant un objet similaire,lié ou contribuant à la réalisation de son propre objet
- Se constituer un patrimoine comprenant a) tous biens immobiliers,tant construits ou à construire tant en Belgique qu'à l'étranger,ainsi que tous droits immobiliers relatifs à de tels tels biens (y compris les droits d’emphytéose ou de superficie)
- B) tous investissements financiers tant dans des valeurs à rente fixe que dans des actions,émises par des sociétés belges ou étrangères
- C) l’octroi de prêts et avances à toutes personnes,physiques ou morales,avec ou sans garanties réelles
- S’approprier,donner ou prendre en location,ériger,aliéner ou échanger tous biens meubles ou immeubles d'exploitation ou d'équipement
- Entreprendre toutes opérations commerciales,industrielles ou financières se rapportant directement ou indirectement à son objet,y compris la sous-traitance en général et l'exploitation de tous droits intellectuels et de propriété industrielle ou commerciale y relatifs
- Acquérir à titre d'investissement tous biens meubles ou immeubles,même sans rapport direct ou indirect avec l’objet de la société
- Pourvoir à l'administration et à la liquidation de toutes sociétés liées ou avec lesquelles il existe un lien de participation et consentir tous prêts à celles-ci,sous quelque forme et pour quelque durée que ce soit,ou fournir caution pour ces sociétés
- Prendre un intérêt par voie d’apport en numéraire ou en nature,de fusion,de souscription,de participation,d'intervention financière ou autrement,dans toutes sociétés ou entreprises existantes ou à créer,en Belgique ou à l'étranger et dont l'objet serait identique,analogue ou connexe au sien,ou de nature à favoriser le développement de son objet
- Collaborer et prendre part,ou prendre un intérêt dans d’autres entreprises,directement ou indirectement,de quelque manière que ce soit
- Donner caution tant pour ses propres engagements que pour les engagements de tiers,entre autres en donnant ses biens en hypothèque ou en gage,y compris son propre fonds de commerce
- Effectuer toute opération de vente,achat et rachat de tout œuvre d’art et de toute opération liée à cette activité
- Dans les limites de son objet conclure toute opération financière,industrielle,commerciale ou civile en Belgique ou à l’étranger
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “1, administrateur unique” (deed in French)
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Monday of September at 14:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Formes prescrites modification statuts, actif net inférieur quart capital” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed