Serenity
ActiveSummary
Serenity has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€50,993) and a net result of -€27,083. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 12860 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability18▲+6
Solvency13▼-6
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.28 against 1.08 in 2024; short-term debt: 10.6% and cash: 0.4% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-11.8%
Return on assets
-6.3%
Age of the figures
9 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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€50,993
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
28 d late
2024
28 d late
2023
30 d late
2022
32 d late
2021
5 d late
2020
5 d late
2019
8 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 19 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 28 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
-€50,993▼ 113%
2024 · -€23,909
Total assets
€431,428▲ 4.7%
2024 · €411,924
Net result
-€27,083▲ 33.6%
2024 · -€40,778
Working capital
€12,947▲ 302%
2024 · €3,222
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€10,259▼ 40.1%€42,713▲ 316%-€31,660€50,568€88,681▲ 75.4%
Net result€5,812below the sector's middle half▼ 56.3%€31,692within the sector's middle half▲ 445%-€34,870below the sector's middle half-€40,778below the sector's middle half▼ 16.9%-€27,083below the sector's middle half▲ 33.6%
Equity€20,846below the sector's middle half▲ 25.3%€51,739within the sector's middle half▲ 148%€16,868below the sector's middle half▼ 67.4%-€23,909below the sector's middle half-€50,993below the sector's middle half▼ 113%
Total assets€59,395below the sector's middle half▲ 44.8%€110,293within the sector's middle half▲ 85.7%€454,267within the sector's middle half▲ 312%€411,924within the sector's middle half▼ 9.3%€431,428within the sector's middle half▲ 4.7%
Debt€38,549▲ 58.2%€58,554▲ 51.9%€437,398▲ 647%€435,834▼ 0.4%€482,421▲ 10.7%
Working capital€10,329below the sector's middle half▲ 36.9%€44,336within the sector's middle half▲ 329%-€4,911below the sector's middle half€3,222below the sector's middle half€12,947within the sector's middle half▲ 302%
Solvency35.1%within the sector's middle half▼ 5.5pp46.9%within the sector's middle half▲ 11.8pp3.7%below the sector's middle half▼ 43.2pp-5.8%below the sector's middle half▼ 9.5pp-11.8%below the sector's middle half▼ 6.0pp
Current ratio1.27within the sector's middle half▼ 0.041.76within the sector's middle half▲ 0.490.96below the sector's middle half▼ 0.801.08below the sector's middle half▲ 0.121.28within the sector's middle half▲ 0.20
Return on assets (ROA)9.8%within the sector's middle half▼ 22.7pp28.7%above the sector's middle half▲ 18.9pp-7.7%below the sector's middle half▼ 36.4pp-9.9%below the sector's middle half▼ 2.2pp-6.3%below the sector's middle half▲ 3.6pp
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 75% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €431,428
Fixed assets
€372,686 ▲ 0.6%
Current assets
€58,742 ▲ 41.9%
Key figures and ratios
EBITDA
€103,882▲
2024 · €63,548
Cash flow
-€11,883▲
2024 · -€27,797
Debt to equity
-9.46▲
2024 · -18.23
Interest coverage
0.89▲
2024 · 0.70
Debt ≤ 1 year
€45,796▲
2024 · €38,169
Debt > 1 year
€431,624▲
2024 · €397,000
Income taxes
€199▼
2024 · €310
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,564 companies that looked in July 2024 the way this one looks now, 5.1% went bankrupt within 24 months and 89% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a small loss
5.1%
went bankrupt
5.4%
stopped otherwise
89%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,564 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €2,822 | €19,151 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,884 | €2,960 | €3,229 | €12,980 | €15,201 | ▲ 17.1% |
| Other operating charges640/8 | €940 | €912 | €2,840 | €866 | €1,801 | ▲ 108% |
| Non-recurring operating charges66A | - | €2,040 | €1,737 | €263 | €574 | ▲ 118% |
| Gross operating margin9900 | €14,084 | €48,625 | -€23,854 | €64,677 | €106,256 | ▲ 64.3% |
| Operating profit (loss)9901 | €10,259 | €42,713 | -€31,660 | €50,568 | €88,681 | ▲ 75.4% |
| Financial income75/76B | - | €903 | €23 | €1 | €1,056 | ▲ 144,536% |
| Recurring financial income75 | - | €903 | €23 | €1 | €1,056 | ▲ 144,536% |
| Financial charges65/66B | €405 | €1,043 | €2,811 | €91,036 | €116,621 | ▲ 28.1% |
| Recurring financial charges65 | €405 | €1,043 | €2,811 | €91,036 | €116,621 | ▲ 28.1% |
| Profit (loss) for the period before taxes9903 | €9,854 | €42,572 | -€34,448 | -€40,468 | -€26,884 | ▲ 33.6% |
| Income taxes67/77 | €4,042 | €10,880 | €422 | €310 | €199 | ▼ 35.8% |
| Profit (loss) for the period9904 | €5,812 | €31,692 | -€34,870 | -€40,778 | -€27,083 | ▲ 33.6% |
| Profit (loss) for the period to be appropriated9905 | €5,812 | €31,692 | -€34,870 | -€40,778 | -€27,083 | ▲ 33.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €59,395 | €110,293 | €454,267 | €411,924 | €431,428 | ▲ 4.7% |
| Fixed assets21/28 | €10,517 | €7,557 | €330,779 | €370,533 | €372,686 | ▲ 0.6% |
| Intangible fixed assets21 | - | €1,400 | €280 | €0 | - | - |
| Tangible fixed assets22/27 | €10,517 | €6,157 | €330,499 | €370,533 | €372,686 | ▲ 0.6% |
| Land and buildings22 | - | - | €324,074 | €364,861 | €354,960 | ▼ 2.7% |
| Plant, machinery and equipment23 | €2,520 | €0 | - | - | - | - |
| Furniture and vehicles24 | €3,548 | €2,215 | €2,989 | €1,850 | €6,157 | ▲ 233% |
| Other tangible fixed assets26 | €4,449 | €3,942 | €3,436 | €3,823 | €11,569 | ▲ 203% |
| Current assets29/58 | €48,878 | €102,736 | €123,488 | €41,391 | €58,742 | ▲ 41.9% |
| Amounts receivable within one year40/41 | €44,398 | €79,027 | €112,077 | €15,537 | €45,502 | ▲ 193% |
| Trade receivables40 | €44,398 | €52,407 | €59,616 | €15,537 | €45,502 | ▲ 193% |
| Other amounts receivable41 | - | €26,620 | €52,461 | €0 | - | - |
| Cash at bank and in hand54/58 | €4,479 | €23,708 | €1,944 | €1,048 | €1,698 | ▲ 62.0% |
| Deferred charges and accrued income490/1 | - | - | €9,468 | €24,806 | €11,542 | ▼ 53.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €59,395 | €110,293 | €454,267 | €411,924 | €431,428 | ▲ 4.7% |
| Equity10/15 | €20,846 | €51,739 | €16,868 | -€23,909 | -€50,993 | ▼ 113% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €12,786 | €43,679 | €8,808 | -€31,969 | -€59,053 | ▼ 84.7% |
| Amounts payable17/49 | €38,549 | €58,554 | €437,398 | €435,834 | €482,421 | ▲ 10.7% |
| Amounts payable after more than one year17 | - | - | €309,000 | €397,000 | €431,624 | ▲ 8.7% |
| Financial debts170/4 | - | - | €309,000 | €397,000 | €431,624 | ▲ 8.7% |
| Amounts payable within one year42/48 | €38,549 | €58,400 | €128,398 | €38,169 | €45,796 | ▲ 20.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €12,376 | - |
| Financial debts43 | - | €343 | €1,010 | €0 | - | - |
| Credit institutions430/8 | - | €343 | €1,010 | €0 | - | - |
| Trade debts44 | €20,825 | €19,089 | €72,001 | €22,632 | €18,527 | ▼ 18.1% |
| Suppliers440/4 | €5,372 | €19,089 | €72,001 | €22,632 | €18,527 | ▼ 18.1% |
| Bills of exchange payable441 | €15,452 | - | - | - | - | - |
| Taxes, remuneration and social security45 | €13,113 | €37,782 | €12,802 | €15,362 | €14,745 | ▼ 4.0% |
| Taxes450/3 | €13,113 | €37,782 | €12,802 | €15,362 | €14,745 | ▼ 4.0% |
| Other amounts payable47/48 | €4,611 | €1,185 | €42,585 | €175 | €148 | ▼ 15.8% |
| Accrued charges and deferred income492/3 | - | €154 | €0 | €665 | €5,002 | ▲ 652% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,812 | €31,692 | -€34,870 | -€40,778 | -€27,083 | ▲ 33.6% |
| + Depreciation and write-downs630 | €2,884 | €2,960 | €3,229 | €12,980 | €15,201 | ▲ 17.1% |
| Operating cash flow (approximation) | €8,696 | €34,652 | -€31,641 | -€27,797 | -€11,883 | ▲ 57.3% |
| Investment in fixed assets (approximation) | - | €0 | -€326,451 | -€52,735 | -€17,353 | ▲ 67.1% |
| Change in cash | - | €19,229 | -€21,764 | -€896 | €650 | ▲ 173% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet -€40,778
Net result drops to -€40,778, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial
Highest result since 2018net €31,692 ▲445%
Net result €31,692, the highest in the series.
05-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 5 days late
2021
05-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 5 days late
2020
31-12
Financial
Back to profitnet €13,303
Net result €13,303 after one loss-making year.
08-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 8 days late
2019
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
5 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, Elsene · 1 establishment unit since 2018
Ground area
1,519 m²
Building footprint
562 m²
Volume, LiDAR
8,031 m³
2 parcels, Brussels, Wallonia · tallest building 23.9 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Avenue des Sarcelles 67, 1410 Waterloo
since 20182.276.937.220
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25762H0753/00_000 | Wallonia | 1,121 m² | 1 · 191 m² | 7.9 m · 2 fl. |
| 21447B0238/00A003 | Brussels | 398 m² | 1 · 371 m² | 23.9 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
254900SXFAJGKHO9RE13
Similar companies · same sector, comparable size
DAVREUX-AVOCATS-ASSOCIES
BE 0527.964.169
Namur · Eq €16,860
Julie Calaerts Advocaat
BE 0784.383.075
Herenthout · Eq €16,854
Advocatenbureau Vanlee Bart
BE 0840.629.516
Gavere · Eq €16,887
MW LAW
BE 1018.266.408
Marche-en-Famenne · Eq €16,894
J.B. LEMAIRE
BE 0787.800.148
Etterbeek · Eq €16,902
Of 22,057 companies in sector 69101 we hold annual accounts for 9,058. 5,805 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-03-2018
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers
69109Other legal services
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0691734318
Registered
09-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.