Equity
€68,523 ▲ 43.1%
SERENDIB has made a profit without a break since 2021.
SERENDIB
Lifetime
20 annual accounts with figures on one time axis, 28 filings since 1998peak €130,957 (2025)
€130,957▲ 28.1%
lowest -€12,928 (2020)
€20,637▲ 5.1%
peak €68,523 (2025)
€68,523▲ 43.1%
€36,257▼ 43.8%
peak 2.6 FTE (2017)
-not published
Board1 name since 2021
1 director
Documentsfilings and deeds
28-08-202628 days late
2025micro format
Gross margin from €102,206 to €130,957Equity from €47,886 to €68,523Debts from €64,458 to €36,257
Key points
from the 2025 annual accountsTurnover
≈ €330,000 estimated
The micro format states no turnover.
Staff
2 employees on 31-12-2025
In 2025, 436 short contracts started and 435 ended, on average 7 hours worked per contract. Staff averaged 2 full-time equivalents.
Liquidity
2.07 was 1.11 in 2024
Short-term debts fell from €51,110 to €31,051.
Filings
28 annual accounts since 1998
Eight of the last ten came late. The 2022 accounts came latest: 30 days after the end of the period.
Position in the sector
€130,957
Higher gross margin than 83% of companies in furniture. Sector median €32,855 · 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 SERENDIB 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 SERENDIB. 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 in the Peppol Directory
Reachable for e-invoices through 0208:0461296168
Reappointment: (director)
Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 02-05-2024 · Gazette deed
First establishment
LE BOUCHON, Bosstraat 3, Maaseik
Incorporation
published on 28-08-1997 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SERENDIB Maaseik | €104,781 | €130,957 | 65.4% | - |
| COVAN GROUP Hasselt | €117,161 | €113,566 | 40.6% | - |
| ACAR & DOMA Assenede | €136,394 | €108,660 | 22.7% | - |
| VAN MINNEBRUGGEN en MEYVIS Brasschaat | €142,600 | €114,676 | 32.9% | - |
| ALL MEASURE FURNITURE Lier | €106,867 | €72,870 | 8.3% | - |
| ALTAK Hasselt | €80,874 | €61,941 | 60.2% | - |
| AEQUITAS Lasne | €137,796 | €95,896 | 49.5% | - |
These companies have the same main activity as SERENDIB: manufacture of dining room, living room, bedroom and bathroom furniture (NACE 31004). They are comparable in size and age: total assets between €80,900 and €143,000, founded between 1988 and 2004.
Official details
Source: KBO- Status
- Active since 18-08-1997Normal situation
- Activity
- Manufacture of dining room, living room, bedroom and bathroom furnitureNACE 31004and 2 others
- Joint committee
- 302Hotels and catering · annual accounts 2025
- Establishment unit
- 2.083.207.3353680 Maaseik, since 08-09-1997
- Financial year end
- 31 December
- Peppol
- Reachable since 19-12-2025
Annual accounts 2025
- €104,781▼ 6.7%
- Employeeson 31-12-2025
- 2▲ 100%
- Filing
- Filed on 28-08-2026
Insights on SERENDIB
SERENDIB files the micro format. That format states no turnover. The gross margin rose from €33,260 in 2006 to €130,957 in 2025.
The balance sheet grew most from 2023 to 2024 through fixed assets.
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 SERENDIB
- What is the company number of SERENDIB?
- The company number of SERENDIB is 0461.296.168. The VAT number is the same number with BE in front: BE 0461.296.168.
- Where is SERENDIB based?
- The registered office is at Bosstraat 3, 3680 Maaseik.Company details
- What does SERENDIB 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 SERENDIB?
- SERENDIB is a private limited company (BV).
- When was SERENDIB founded?
- SERENDIB was founded on 18-08-1997.
- Is SERENDIB still active?
- Yes, SERENDIB is an active enterprise in the KBO register.
- How many employees does SERENDIB have?
- SERENDIB had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does SERENDIB fall under?
- In its 2025 annual accounts, SERENDIB states joint committee 302 (Hotels and catering).
- What is the turnover of SERENDIB?
- The turnover in financial year 2025 is ≈ €330,000. This figure is estimated from the gross margin of €130,957 and 2,204 comparable companies of the same size. It probably lies between €220,000 and €510,000. It is a rough estimate.
- Is SERENDIB profitable?
- In financial year 2025, SERENDIB made a profit of €20,637.
- Where can I find the annual accounts of SERENDIB?
- SERENDIB filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SERENDIB due?
- SERENDIB must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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