SERENO
ActiveThe computed 12-month bankruptcy probability of SERENO is 2.3% (moderate). The 2025 annual accounts show equity of €121k and a net result of €220k. Equity is growing by ~26.6% per year across the filed fiscal years. Its solvency ranks better than 29% of 820 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency45▼-38
Growth78=
Track record94
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 1.52 against 2.64 in 2024; short-term debt: 55.5% and cash: 17.7% of total assets), but 80.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
19.5%
Return on assets
35.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-04-2026, 115 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
115 d early
2024
41 d early
2023
54 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€220k▲ 196%
2024 · €74k
2023: €41k
2024: €74k
2023 → 2025
Working capital
€181k▲ 50.6%
2024 · €120k
2023: €52k
2024: €120k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€57k-€131k▲ 131%€121k▼ 7.5%
Operating result€51k-€95k▲ 85.7%€223k▲ 134%
Net result€41k-€74k▲ 83.1%€220k▲ 196%
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 134% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €621k
Fixed assets
€95k▲ 175%
Current assets
€525k▲ 172%
Equity and liabilities €621k
Equity
€121k▼ 7.5%
Debt
€500k▲ 417%
The debt ratio rises from 42.5% to 80.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€259k▲
2024 · €110k
Cash flow
€256k▲
2024 · €89k
Solvency
19.5%▼
2024 · 57.5%
Current ratio
1.52▼
2024 · 2.64
Quick ratio
1.51▼
2024 · 2.22
Debt / equity
4.12▲
2024 · 0.74
ROE
181.7%▲
2024 · 56.7%
ROA
35.5%▲
2024 · 32.6%
Interest coverage
92.90▲
2024 · 58.73
Debt
€500k▲
2024 · €97k
Debt ≤ 1 year
€345k▲
2024 · €73k
Debt > 1 year
€155k▲
2024 · €24k
Income taxes
€0▼
2024 · €19k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€228k€621k▲
Fixed assets21/28€35k€95k▲
Tangible fixed assets22/27€33k€94k▲
Land and buildings22-€79k
Furniture and vehicles24€33k€15k▼
Financial fixed assets28€2k€2k=
Current assets29/58€193k€525k▲
Stocks and contracts in progress3€31k€4k▼
Stocks30/36€4k€4k=
Contracts in progress37€27k€0▼
Amounts receivable within one year40/41€16k€407k▲
Trade receivables40€14k€275k▲
Other amounts receivable41€2k€131k▲
Cash at bank and in hand54/58€145k€110k▼
Deferred charges and accrued income490/1€887€5k▲
Equity and liabilities
Total equity and liabilities10/49€228k€621k▲
Equity10/15€131k€121k▼
Contributions10/11€17k€17k=
Reserves13€100k€100k=
Distributable reserves133€100k€100k=
Profit (loss) carried forward14€14k€4k▼
Amounts payable17/49€97k€500k▲
Amounts payable after more than one year17€24k€155k▲
Financial debts170/4€24k€155k▲
Amounts payable within one year42/48€73k€345k▲
Current portion of amounts payable after more than one year42€11k€17k▲
Trade debts44€34k€308k▲
Suppliers440/4€34k€308k▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€26k€19k▼
Taxes450/3€26k€19k▼
Remuneration and social security454/9€0-
Other amounts payable47/48€2k€311▼
Income statement
Code20242025
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€36k▲
Other operating charges640/8€718€2k▲
Gross operating margin9900€111k€260k▲
Operating profit (loss)9901€95k€223k▲
Financial income75/76B€1€62▲
Recurring financial income75€1€62▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€94k€220k▲
Income taxes67/77€19k€0▼
Profit (loss) for the period9904€74k€220k▲
Profit (loss) for the period to be appropriated9905€74k€220k▲
Appropriation of the result
Profit (loss) to be appropriated9906€114k€234k▲
Profit (loss) brought forward from the previous period14P€40k€14k▼
Transfer to equity691/2€100k€0▼
To other reserves6921€100k€0▼
Profit to be distributed694/7€0€230k▲
Return on contributions (dividend)694€0-
Directors or managers695-€230k
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2023net €220k ▲196%
Operating result €223k, net result €220k, both a record.
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100kEq €131k ▲131%
2 profitable years in a row build equity to €131k.
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Chaudfontaine · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Hazette 144053 ChaudfontaineGround area
100 m²
Building footprint
111 m²
Volume, LiDAR
380 m³
Parcel 62030C0174/00F000, Wallonia · tallest building 4.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SERENO
since 20232.347.950.623
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62030C0174/00F000 | Wallonia | 100 m² | 1 · 111 m² | 4.8 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Allg. Bauunternehmung Walter MAASSEN und Söhne
BE 0436.189.501
Raeren · Eq €121k
DBB CONSTRUCT
BE 0688.940.520
Heist-op-den-Berg · Eq €121k
TJAMPENS
BE 0742.575.085
Menen · Eq €121k
LAns bouwwerken
BE 0683.842.575
Schilde · Eq €121k
BARABAS FURNITURE
BE 0881.620.231
Dendermonde · Eq €121k
Of 29,808 companies in sector 41001 we hold annual accounts for 16,033. 12,936 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-06-2023
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.