Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
In July 2024, 6,635 companies had the same profile as SERENITE has now. Each dot stands for 17 companies, two years later.
Another 1.0% stopped without a precise date, possibly only after those two years.
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 6,635 companies, not a prediction for SERENITE. 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.
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The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| SERENITE Antwerp | €250,420 | -€693 | -58.3% | - |
| GEM Energy Antwerp | €238,702 | -€2,668 | 99.3% | 0 |
| DM CONSULTING Glabbeek | €219,146 | -€5,438 | -25.6% | - |
| BROUWERSHOF Kortrijk | €244,211 | -€2,019 | 99.0% | - |
| IMMOKEE Aarschot | €200,284 | €694 | 52.1% | - |
| B.E.B. Schaerbeek | €281,999 | -€10,993 | 3.4% | - |
| LARTIMMO Wemmel | €199,006 | -€2,206 | -267.0% | - |
These companies have the same main activity as SERENITE: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €199,000 and €282,000, founded between 1998 and 2004.
SERENITE files the micro format. That format states no turnover. The gross margin fell from €44,255 in 2007 to -€693 in 2025.
The balance sheet grew most from 2015 to 2016 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.
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