Sergey Services
ActiveSummary
The computed 12-month bankruptcy probability of Sergey Services is 2.7% (moderate). The 2024 annual accounts show equity of €55k and a net result of €31k. Its solvency ranks better than 45% of 9982 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability95▼-5
Solvency63▼-18
Growth78
Track record94
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity tight (current ratio 1.48 against 2.21 in 2023; short-term debt: 48.5% and cash: 44.2% of total assets), and 62.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+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
Construction of residential and non-residential buildings (NACE 41)
about 67% more 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 2024Solvency, return and age of the figures
Solvency
37.7%
Return on assets
21.2%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
5 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€55k▲ 128%
2023 · €24k
2023: €24k
2024: €55k▲ +128% vs 2023
2023 → 2024
Total assets
€146k▲ 237%
2023 · €43k
2023: €43k
2024: €146k▲ +237% vs 2023
2023 → 2024
Net result
€31k▲ 61.1%
2023 · €19k
2023: €19k
2024: €31k▲ +61.1% vs 2023
2023 → 2024
Working capital
€34k▲ 45.7%
2023 · €23k
2023: €23k
2024: €34k▲ +45.7% vs 2023
2023 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€24k-€55k▲ 128%
2023: €24k
2024: €55k▲ +128% vs 2023
Operating result€24k-€41k▲ 68.7%
2023: €24k
2024: €41k▲ +68.7% vs 2023
Net result€19k-€31k▲ 61.1%
2023: €19k
2024: €31k▲ +61.1% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 69% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €146k
Fixed assets
€41k ▲ 4,675%
Current assets
€105k ▲ 146%
Equity and liabilities €146k
Equity
€55k ▲ 128%
Debt
€91k ▲ 373%
Debt's share of the balance-sheet total rises from 44.3% to 62.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€51k▲
2023 · €24k
Cash flow
€42k▲
2023 · €19k
Current ratio
1.48▼
2023 · 2.21
Debt to equity
1.65▲
2023 · 0.79
ROE
56.1%▼
2023 · 79.4%
ROA
21.2%▼
2023 · 44.2%
Interest coverage
26.50▼
2023 · 333.42
Debt ≤ 1 year
€71k▲
2023 · €19k
Debt > 1 year
€20k
Income taxes
€8k▲
2023 · €5k
Staff costs
€50k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 41 lines
Balance sheet
Code20232024
Assets
Total assets20/58€43k€146k▲
Fixed assets21/28€865€41k▲
Tangible fixed assets22/27€865€41k▲
Plant, machinery and equipment23€865€575▼
Furniture and vehicles24-€41k
Current assets29/58€43k€105k▲
Amounts receivable within one year40/41€28k€40k▲
Trade receivables40€27k€40k▲
Other amounts receivable41€1k€0▼
Cash at bank and in hand54/58€14k€65k▲
Equity and liabilities
Total equity and liabilities10/49€43k€146k▲
Equity10/15€24k€55k▲
Contributions10/11€5k€5k=
Reserves13€19k€50k▲
Distributable reserves133€19k€50k▲
Amounts payable17/49€19k€91k▲
Amounts payable after more than one year17-€20k
Financial debts170/4-€20k
Amounts payable within one year42/48€19k€71k▲
Current portion of amounts payable after more than one year42-€6k
Trade debts44€831€42k▲
Suppliers440/4€831€42k▲
Taxes, remuneration and social security45€9k€16k▲
Taxes450/3€8k€13k▲
Remuneration and social security454/9€1k€2k▲
Other amounts payable47/48€9k€7k▼
Accrued charges and deferred income492/3-€144
Income statement
Code20232024
Remuneration, social security and pensions62-€50k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4€11k▲
Other operating charges640/8€176€339▲
Gross operating margin9900€24k€102k▲
Operating profit (loss)9901€24k€41k▲
Financial charges65/66B€72€2k▲
Recurring financial charges65€72€2k▲
Profit (loss) for the period before taxes9903€24k€39k▲
Income taxes67/77€5k€8k▲
Profit (loss) for the period9904€19k€31k▲
Profit (loss) for the period to be appropriated9905€19k€31k▲
Appropriation of the result
Profit (loss) to be appropriated9906€19k€31k▲
Transfer to equity691/2€19k€31k▲
To other reserves6921€19k€31k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | - | €50k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4 | €11k | ▲ 251,085% |
| Other operating charges640/8 | €176 | €339 | ▲ 92.8% |
| Gross operating margin9900 | €24k | €102k | ▲ 319% |
| Operating profit (loss)9901 | €24k | €41k | ▲ 68.7% |
| Financial charges65/66B | €72 | €2k | ▲ 2,583% |
| Recurring financial charges65 | €72 | €2k | ▲ 2,583% |
| Profit (loss) for the period before taxes9903 | €24k | €39k | ▲ 61.1% |
| Income taxes67/77 | €5k | €8k | ▲ 61.1% |
| Profit (loss) for the period9904 | €19k | €31k | ▲ 61.1% |
| Profit (loss) for the period to be appropriated9905 | €19k | €31k | ▲ 61.1% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €43k | €146k | ▲ 237% |
| Fixed assets21/28 | €865 | €41k | ▲ 4,675% |
| Tangible fixed assets22/27 | €865 | €41k | ▲ 4,675% |
| Plant, machinery and equipment23 | €865 | €575 | ▼ 33.5% |
| Furniture and vehicles24 | - | €41k | - |
| Current assets29/58 | €43k | €105k | ▲ 146% |
| Amounts receivable within one year40/41 | €28k | €40k | ▲ 42.5% |
| Trade receivables40 | €27k | €40k | ▲ 49.2% |
| Other amounts receivable41 | €1k | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €14k | €65k | ▲ 352% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €43k | €146k | ▲ 237% |
| Equity10/15 | €24k | €55k | ▲ 128% |
| Contributions10/11 | €5k | €5k | = |
| Reserves13 | €19k | €50k | ▲ 161% |
| Distributable reserves133 | €19k | €50k | ▲ 161% |
| Amounts payable17/49 | €19k | €91k | ▲ 373% |
| Amounts payable after more than one year17 | - | €20k | - |
| Financial debts170/4 | - | €20k | - |
| Amounts payable within one year42/48 | €19k | €71k | ▲ 269% |
| Current portion of amounts payable after more than one year42 | - | €6k | - |
| Trade debts44 | €831 | €42k | ▲ 4,993% |
| Suppliers440/4 | €831 | €42k | ▲ 4,993% |
| Taxes, remuneration and social security45 | €9k | €16k | ▲ 70.4% |
| Taxes450/3 | €8k | €13k | ▲ 64.2% |
| Remuneration and social security454/9 | €1k | €2k | ▲ 121% |
| Other amounts payable47/48 | €9k | €7k | ▼ 20.1% |
| Accrued charges and deferred income492/3 | - | €144 | - |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €19k | €31k | ▲ 61.1% |
| + Depreciation and write-downs630 | €4 | €11k | ▲ 251,085% |
| Operating cash flow (approximation) | €19k | €42k | ▲ 117% |
| Investment in fixed assets (approximation) | - | €-51k | - |
| Change in cash | - | €50k | - |
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
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
05-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 5 days late
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Kortenberg · 1 establishment unit since 2023
Ground area
7,421 m²
Building footprint
214 m²
Volume, LiDAR
2,301 m³
Parcel 24055A0214/00D000, Flanders · tallest building 12.8 m, ±4 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Sergey Services BV
since 20232.347.611.222
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24055A0214/00D000 | Flanders | 7,421 m² | 1 · 214 m² | 12.8 m · 4 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.
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Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 13,138 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
Founded22-06-2023
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
16230Manufacture of other builders' carpentry and joinery
43320Joinery installation
Scores and ratios are computed by Checked and are not a credit decision.