Equity
€209,763 ▲ 18.8%
SERDOE has made a profit without a break since 2015.
SERDOE
Lifetime
20 annual accounts with figures on one time axis, 37 filings since 1980peak €88,615 (2024)
€76,075▼ 14.2%
lowest -€10,950 (2014)
€37,807▼ 19.4%
peak €209,763 (2025)
€209,763▲ 18.8%
€112,214▼ 19.9%
Board3 names since 2018
2 directors and 1 other
Documentsfilings and deeds
22-05-202670 days before the deadline
2025micro format
Gross margin from €88,615 to €76,075Dividend €4,668Equity from €176,624 to €209,763Debts from €140,055 to €112,214
Key points
from the 2025 annual accountsTurnover
≈ €230,000 estimated
The micro format states no turnover.
Position in the sector
€37,807
Higher net result than 84% of companies in furniture. Sector median €4,931 · 550 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 31,386 companies had the same profile as SERDOE has now. Each dot stands for 79 companies, two years later.
93.4%
were still trading
6.0%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,386 companies, not a prediction for SERDOE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered office moved from Ghent to Merelbeke
New registered office: Bergwegel 78, 9820 Merelbeke · Previous registered office: Ledeberg, Teaterstraat 18A, 9050 Gent · Change of role: , from manager to director · Gazette deed
Registered office moved from Merelbeke to Ghent
Capital decrease of €43,450 to €18,550 · Capital after the decrease: €18,550 · New registered office: Ledeberg, Teaterstraat 18A, 9050 Gent · General meeting of 26-03-2018 · Gazette deed
First establishment
Teaterstraat 18, Ghent
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SERDOE Merelbeke-Melle | €321,977 | €76,075 | 65.1% | - |
| INTERIEUR DE MEY Sint-Niklaas | €308,807 | €90,907 | 61.7% | 2 |
| DEULIN Hotton | €294,472 | €84,600 | 82.6% | 0.4 |
| Kunstwerkstede ter Schoote Dendermonde | €224,772 | €112,682 | 59.4% | - |
| Vynda Ingelmunster | €299,983 | €60,419 | 39.2% | 1 |
| Young's Mortsel | €344,858 | €83,119 | 36.4% | - |
| Interieur Maddens Roeselare | €241,545 | €60,618 | 3.0% | - |
These companies have the same main activity as SERDOE: manufacture of dining room, living room, bedroom and bathroom furniture (NACE 31004). They are comparable in size and age: total assets between €225,000 and €345,000, founded between 1968 and 1987.
Official details
Source: KBO- Status
- Active since 05-08-1980Normal situation
- Activity
- Manufacture of dining room, living room, bedroom and bathroom furnitureNACE 31004and 1 other
- Establishment unit
- 2.227.755.5479050 Ghent, since 01-07-2014
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €321,977▲ 1.7%
- Filing
- Filed on 22-05-2026, 70 days before the end of the filing period
Insights on SERDOE
SERDOE files the micro format. That format states no turnover. The gross margin rose from €3,547 in 2006 to €76,075 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SERDOE
- What is the company number of SERDOE?
- The company number of SERDOE is 0420.637.926. The VAT number is the same number with BE in front: BE 0420.637.926.
- Where is SERDOE based?
- The registered office is at Bergwegel 78, 9820 Merelbeke-Melle.Company details
- What does SERDOE do?
- According to the KBO register, the main activity is manufacture of dining room, living room, bedroom and bathroom furniture (NACE 31004).
- What is the legal form of SERDOE?
- SERDOE is a private limited company (BV).
- When was SERDOE founded?
- SERDOE was founded on 05-08-1980.
- Is SERDOE still active?
- Yes, SERDOE is an active enterprise in the KBO register.
- What is the turnover of SERDOE?
- The turnover in financial year 2025 is ≈ €230,000. This figure is estimated from the gross margin of €76,075 and 2,981 comparable companies of the same size. It probably lies between €150,000 and €390,000. It is a rough estimate.Financials
- Is SERDOE profitable?
- In financial year 2025, SERDOE made a profit of €37,807.
- Where can I find the annual accounts of SERDOE?
- SERDOE filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SERDOE due?
- SERDOE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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