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Sergeant OAK

Active
Private limited companyfounded 20188 yrs activeNoordkaai 1/3, 8870 Izegem, BelgiumKBO/BCE: BE 0691.546.751
Summary

The annual accounts of Sergeant OAK for fiscal year 2024 show a net loss of 68% of the equity at the start of that year. The 2024 annual accounts show equity of €20,664 and a net result of -€43,124. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 20% of 4345 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability0▼-86
Solvency36▼-16
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.95 against 1.16 in 2023; short-term debt: 86.7% and cash: 0.9% of total assets), and 89.3% of the assets are financed with debt.
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Signals

Five 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 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% 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 2024
Solvency, return and age of the figures
Solvency
10.7%
Return on assets
-22.3%
Age of the figures
21 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 8 years 0 10 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 4345 sector peers (2024).
NBB · sector comparison
Position among 4345 sector peers
Solvency
better than 20%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-07-2025, 11 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
not confirmed
2024
11 d early
2023
31 d early
2022
4 d early
2021
9 d late
2020
89 d late
2019
194 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 41 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 27 February 2018, Sergeant OAK was incorporated.1 Total assets went from EUR 103,856 in 2019 to EUR 192,985 in 2024 and headcount from 2.3 full-time equivalents in 2022 to 3.2 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019, 2022 and 2024

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Financials · fiscal year 2024, micro schema

Source amounts without an identifiable currency are assumed to be EUR.

Equity
€20,664▼ 67.6%
2023 · €63,788
Total assets
€192,985▼ 18.2%
2023 · €235,856
Net result
-€43,124
2023 · €32,573
Working capital
-€8,693
2023 · €26,856
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€25,631-€3,877▲ 84.9%€60,083€39,938▼ 33.5%-€46,691
Net result-€25,762below the sector's middle half-€4,405below the sector's middle half▲ 82.9%€51,281within the sector's middle half€32,573above the sector's middle half▼ 36.5%-€43,124below the sector's middle half
Equity-€4,861below the sector's middle half-€9,266below the sector's middle half▼ 90.6%€42,015within the sector's middle half€63,788within the sector's middle half▲ 51.8%€20,664within the sector's middle half▼ 67.6%
Total assets€102,719below the sector's middle half▼ 1.1%€30,310below the sector's middle half▼ 70.5%€391,898within the sector's middle half▲ 1,193%€235,856above the sector's middle half▼ 39.8%€192,985within the sector's middle half▼ 18.2%
Debt€107,580▲ 29.7%€39,576▼ 63.2%€349,883▲ 784%€172,068▼ 50.8%€172,321▲ 0.1%
Working capital-€4,861within the sector's middle half-€9,266below the sector's middle half▼ 90.6%€40,998within the sector's middle half€26,856within the sector's middle half▼ 34.5%-€8,693below the sector's middle half
Solvency-4.7%below the sector's middle half▼ 24.9pp-30.6%below the sector's middle half▼ 25.8pp10.7%below the sector's middle half▲ 41.3pp27.0%within the sector's middle half▲ 16.3pp10.7%below the sector's middle half▼ 16.3pp
Current ratio0.95below the sector's middle half▼ 0.300.77below the sector's middle half▼ 0.191.14within the sector's middle half▲ 0.381.16within the sector's middle half▲ 0.020.95below the sector's middle half▼ 0.22
Return on assets (ROA)-25.1%below the sector's middle half▼ 27.3pp-14.5%below the sector's middle half▲ 10.5pp13.1%within the sector's middle half▲ 27.6pp13.8%within the sector's middle half▲ 0.7pp-22.3%below the sector's middle half▼ 36.2pp
Staff (FTE)2.3within the sector's middle half3.7▲ 60.9%3.2▼ 13.5%
above within below the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000Operating result 2020: -€25,631-€25,631Net result 2020: -€25,762-€25,762Operating result 2021: -€3,877-€3,877Net result 2021: -€4,405-€4,405Operating result 2022: €60,083€60,083Net result 2022: €51,281€51,281Operating result 2023: €39,938€39,938Net result 2023: €32,573€32,573Operating result 2024: -€46,691-€46,691Net result 2024: -€43,124-€43,12420202021202220232024-€50,000€0€50,000Operating result 2022: €60,083€60,100Net result 2022: €51,281€51,300Operating result 2023: €39,938€39,900Net result 2023: €32,573€32,600Operating result 2024: -€46,691-€46,700Net result 2024: -€43,124-€43,100202220232024
The operating result turns negative in 2024: a loss of €46,691 after €39,938 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €192,985
Fixed assets €34,350 ▼ 22.8%
Current assets €158,635 ▼ 17.1%
Equity and liabilities €192,985
Equity €20,664 ▼ 67.6%
Debt €172,321 ▲ 0.1%
Debt's share of the balance-sheet total rises from 73.0% to 89.3%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€34,164▼
2023 · €52,230
Cash flow
-€30,597▼
2023 · €44,865
Quick ratio
0.78▼
2023 · 1.01
Debt to equity
8.34▲
2023 · 2.70
ROE
-208.7%▼
2023 · 51.1%
Interest coverage
-9.99▼
2023 · 98.73
Debt ≤ 1 year
€167,328▲
2023 · €164,528
Income taxes
-€1,430▼
2023 · €9,200
Staff costs
€222,029▼
2023 · €273,318
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,135 companies that looked in July 2024 the way this one looks now, 5.9% went bankrupt within 24 months and 86% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more
5.9% went bankrupt
6.5% stopped otherwise
86% still going

A further 1.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.5% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 1,135 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 49 lines
Balance sheet Code20232024
Assets
Total assets20/58€235,856€192,985▼
Fixed assets21/28€44,471€34,350▼
Intangible fixed assets21€22,000€16,000▼
Tangible fixed assets22/27€22,471€18,350▼
Plant, machinery and equipment23€21,916€17,636▼
Furniture and vehicles24€556€714▲
Current assets29/58€191,385€158,635▼
Stocks and contracts in progress3€25,919€27,980▲
Stocks30/36€25,919€27,980▲
Amounts receivable within one year40/41€162,525€119,074▼
Trade receivables40€108,999€117,594▲
Other amounts receivable41€53,526€1,480▼
Cash at bank and in hand54/58€209€1,711▲
Deferred charges and accrued income490/1€2,732€9,871▲
Equity and liabilities
Total equity and liabilities10/49€235,856€192,985▼
Equity10/15€63,788€20,664▼
Contributions10/11€18,600€18,600=
Reserves13€45,188€2,064▼
Distributable reserves133€45,188€2,064▼
Amounts payable17/49€172,068€172,321▲
Amounts payable within one year42/48€164,528€167,328▲
Trade debts44€68,876€75,342▲
Suppliers440/4€68,876€75,342▲
Taxes, remuneration and social security45€84,852€91,987▲
Taxes450/3€26,535€13,742▼
Remuneration and social security454/9€58,317€78,245▲
Other amounts payable47/48€10,800-
Accrued charges and deferred income492/3€7,540€4,993▼
Income statement Code20232024
Remuneration, social security and pensions62€273,318€222,029▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,292€12,526▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€142,864
Other operating charges640/8€8,706€10,929▲
Gross operating margin9900€334,254€341,658▲
Operating profit (loss)9901€39,938-€46,691▼
Financial income75/76B€2,364€5,556▲
Recurring financial income75€2,364€5,556▲
Financial charges65/66B€529€3,418▲
Recurring financial charges65€529€3,418▲
Profit (loss) for the period before taxes9903€41,773-€44,553▼
Income taxes67/77€9,200-€1,430▼
Profit (loss) for the period9904€32,573-€43,124▼
Profit (loss) for the period to be appropriated9905€32,573-€43,124▼
Appropriation of the result
Profit (loss) to be appropriated9906€32,573-€43,124▼
Transfer from equity791/2-€43,124
Transfer to equity691/2€21,773-
To other reserves6921€21,773-
Profit to be distributed694/7€10,800-
Return on contributions (dividend)694€800-
Directors or managers695€10,000-

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A--€14,794---
Remuneration, social security and pensions62--€118,721€273,318€222,029▼ 18.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-€4,364€12,292€12,526▲ 1.9%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€142,864-
Other operating charges640/8-€471€98€8,706€10,929▲ 25.5%
Gross operating margin9900-€24,871-€3,407€183,265€334,254€341,658▲ 2.2%
Operating profit (loss)9901-€25,631-€3,877€60,083€39,938-€46,691▼ 217%
Financial income75/76B--€376€2,364€5,556▲ 135%
Recurring financial income75--€376€2,364€5,556▲ 135%
Financial charges65/66B-€528€396€529€3,418▲ 546%
Recurring financial charges65€131€528€396€529€3,418▲ 546%
Profit (loss) for the period before taxes9903-€25,762-€4,405€60,062€41,773-€44,553▼ 207%
Income taxes67/77€0-€8,781€9,200-€1,430▼ 116%
Profit (loss) for the period9904-€25,762-€4,405€51,281€32,573-€43,124▼ 232%
Profit (loss) for the period to be appropriated9905-€25,762-€4,405€51,281€32,573-€43,124▼ 232%
Line20202021202220232024Change
Assets
Total assets20/58€102,719€30,310€391,898€235,856€192,985▼ 18.2%
Fixed assets21/28--€61,430€44,471€34,350▼ 22.8%
Intangible fixed assets21--€28,000€22,000€16,000▼ 27.3%
Tangible fixed assets22/27--€33,430€22,471€18,350▼ 18.3%
Plant, machinery and equipment23--€27,874€21,916€17,636▼ 19.5%
Furniture and vehicles24--€5,556€556€714▲ 28.5%
Current assets29/58€102,719€30,310€330,468€191,385€158,635▼ 17.1%
Stocks and contracts in progress3€0-€43,824€25,919€27,980▲ 8.0%
Stocks30/36--€43,824€25,919€27,980▲ 8.0%
Amounts receivable within one year40/41€101,784€30,068€274,211€162,525€119,074▼ 26.7%
Trade receivables40-€26,726€238,412€108,999€117,594▲ 7.9%
Other amounts receivable41-€3,342€35,799€53,526€1,480▼ 97.2%
Cash at bank and in hand54/58€935€242€9,213€209€1,711▲ 719%
Deferred charges and accrued income490/1--€3,220€2,732€9,871▲ 261%
Equity and liabilities
Total equity and liabilities10/49€102,719€30,310€391,898€235,856€192,985▼ 18.2%
Equity10/15-€4,861-€9,266€42,015€63,788€20,664▼ 67.6%
Contributions10/11-€18,600€18,600€18,600€18,600=
Reserves13€1,860€1,860€23,415€45,188€2,064▼ 95.4%
Non-distributable reserves130/1-€1,860€1,860---
Reserves not available under the articles1311-€1,860€1,860---
Distributable reserves133--€21,555€45,188€2,064▼ 95.4%
Profit (loss) carried forward14-€25,321-€29,726----
Amounts payable17/49€107,580€39,576€349,883€172,068€172,321▲ 0.1%
Amounts payable within one year42/48€107,580€39,576€289,470€164,528€167,328▲ 1.7%
Trade debts44€18,145€8,046€149,769€68,876€75,342▲ 9.4%
Suppliers440/4-€8,046€149,769€68,876€75,342▲ 9.4%
Advances received on contracts in progress46--€74,000---
Taxes, remuneration and social security45-€0€65,702€84,852€91,987▲ 8.4%
Taxes450/3-€0€21,538€26,535€13,742▼ 48.2%
Remuneration and social security454/9--€44,163€58,317€78,245▲ 34.2%
Other amounts payable47/48-€31,530-€10,800--
Accrued charges and deferred income492/3--€60,413€7,540€4,993▼ 33.8%
Line20202021202220232024Change
Profit (loss) for the period9904-€25,762-€4,405€51,281€32,573-€43,124▼ 232%
+ Depreciation and write-downs630€0-€4,364€12,292€12,526▲ 1.9%
Operating cash flow (approximation)-€25,762-€4,405€55,645€44,865-€30,597▼ 168%
Investment in fixed assets (approximation)---€4,667-€2,405▼ 152%
Change in cash--€693€8,971-€9,004€1,502▲ 117%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
20-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet -€43,124
Net result drops to -€43,124, the lowest in the series.
30-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
27-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Back to profitnet €51,281
Net result €51,281 after 2 loss-making years.
09-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 9 days late
2021
28-10
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 89 days late
10-02
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 194 days late
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, Izegem · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
7,732 m²
Building footprint
3,272 m²
Volume, LiDAR
16,519 m³
Parcel 36494D0970/00S002, Flanders · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Sergeant OAK
Noordkaai 1/3, 8870 IzegemManufacture of other builders' carpentry and joinery
since 20182.278.421.518
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36494D0970/00S002 Flanders 7,732 m² 1 · 3,272 m² 6.9 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. Victor Collett 100%
  2. Sergeant OAK

Highest known parent: Victor Collett. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 1,236 companies in sector 74140 we hold annual accounts for 353. 244 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
Founded27-02-2018
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
74140Other specialised design activities
16230Manufacture of other builders' carpentry and joinery
43350Other building finishing work
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
74130Interior design
Contact
E-mail svictor@collett-victor.comIzegem
Phone +32 51 30 92 37Izegem
E-invoicing
Reachable via Peppol
Peppol ID 0208:0691546751
Also 9925:BE0691546751
Registered 02-01-2025

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.