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SERIMCO

Active Public limited companyfounded 1992active for 33 yearsGustaaf Callierlaan 257, 9000 GhentKBO/BCE: BE 0448.807.617

Lifetime

20 annual accounts with figures on one time axis, 33 filings since 1993
peak €304,299 (2021)
€16,546▼ 13.0%
lowest -€21,617 (2012)
€8,328▼ 66.3%
peak €1.3m (2025)
€1.3m▲ 0.7%
€551,564▼ 5.2%
peak 2.3 FTE (2019)
1.5 FTEunchanged
Board6 names since 2016
5 directorsGovaert Herman and 4 others
Documentsfilings and deeds
30-06-202631 days before the deadline
2025financial year
Gross margin from €19,016 to €16,546Result from €24,694 to €8,328

Key points

from the 2025 annual accounts

Equity

€1.3m ▲ 0.7%

SERIMCO has made a profit without a break since 2016.

Filings

33 annual accounts since 1993
AprilJune31 JulyOctober200020102020

The last five annual accounts were filed 11 to 31 days before the end of the period.

Checked score

92
Excellent
Financially stronger than 38% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: 0.1%▲ +0.1 percentage points vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025highest value 08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Average

95+2equity 69.7% of total assets
48=short-term debt 30.1% · cash 8.2%
19-1return on assets 0.5%

Score breakdown

lowers risk
Size: 1.5 FTE, total assets €1.8m
Founded in 1992
Sector: Activities of head offices; management consultancy activities (NACE 70)
Equity €1.3m (69.7% of total assets)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 65% of them on solvency, 28% on liquidity, 14% on profitability and 43% on growth.

The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit verdict

Credit of up to €110,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.85 (0.82 in 2024), below 1. Short-term debt is 30.1% and cash 8.2% of total assets. 30.3% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Size: 1.5 FTE, total assets €1.8m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1992
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Equity €1.3m (69.7% of total assets)
NBB · annual accounts
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 days early
2024
24 days early
2023
30 days early
2022
14 days early
2021
11 days early
2020
33 days early
2019
28 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 24 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 7 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

GB
Managing director, Govaert Olivier
IB
Managing director, Govaert Isabelle
GH
Director, since 24-06-2022
VA
Director, since 24-06-2022
CB
Director, Zanders Jo
  • VANDEWALLE,Anna Maria Jozef 4 sharesdeed of 22-10-2019
  • GOVIM 11,333 sharesdeed of 22-10-2019
  • IsaGo 11,333 sharesdeed of 22-10-2019

Shares in 3 companies, including CHIWA and GOVAN

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0448807617
3 directors reappointed Govim BV (managing director), IsaGo BV (managing director) and Chiwa BV · Permanent representatives: Govaert Olivier, Govaert Isabelle and Zanders Jo · General meeting of 2024 · Gazette deed
1 director appointed, 1 resignation Resignation: Zanders Jo · Appointment: Chiwa BV · Permanent representatives: Zanders 3o. and Govaert Isabelle · General meeting of 30-06-2023 · Gazette deed
2 directors reappointed Govaert Herman and Vandewalle Anna · Permanent representative: Govaert Isabelle · General meeting of 24-06-2022 · Gazette deed
All 45 events

Comparable companies

same main activity, similar in size and age
Company
SERIMCO Ghent €1.8m €16,546 69.7% 1.5
QUERCUS Hannut €1.5m €13,576 63.7% 1
Financière François Compté Schaerbeek €2.1m €20,804 38.0% 1.4
INFRAPOLDERS Antwerp €1.4m €15,282 83.1% 1
LISSON Ghent €4.2m €18,947 80.5% 1
ROBA INVEST EN PARTNERS Zulte €3.3m €25,782 87.4% 1.6
FIMO Genappe €1.1m €20,247 97.8% 1

These companies have the same main activity as SERIMCO: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €1.1m and €4.2m, founded between 1988 and 2000.

Official details

Source: KBO
Status
Active since 04-12-1992Normal situation
Activity
Business and other management consultancyNACE 70200and 1 other
Joint committees
200Auxiliary committee for white-collar workers
100Auxiliary committee for blue-collar workers · annual accounts 2025
Establishment unit
2.060.262.8759000 Ghent, since 06-01-1993
Financial year end
31 December
Peppol
Reachable since 22-12-2025
Company details

Annual accounts 2025

≈ €65,000estimated
€1.8m▼ 1.2%
Employeeson 31-12-2025
2=
Filing
Filed on 30-06-2026, 31 days before the end of the filing period
Financials

Companies linked to SERIMCO

Subsidiaries and holdings

Insights on SERIMCO

SERIMCO has existed since 1992. The gross margin fell from €304,299 in 2021 to €16,542 in 2022.

In November 2024, the Official Gazette published the appointment of Govim BV as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about SERIMCO

What is the company number of SERIMCO?
The company number of SERIMCO is 0448.807.617. The VAT number is the same number with BE in front: BE 0448.807.617.
Where is SERIMCO based?
The registered office is at Gustaaf Callierlaan 257, 9000 Ghent.Company details
What does SERIMCO do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of SERIMCO?
SERIMCO is a public limited company (NV).
When was SERIMCO founded?
SERIMCO was founded on 04-12-1992.
Is SERIMCO still active?
Yes, SERIMCO is an active enterprise in the KBO register.
How many employees does SERIMCO have?
SERIMCO had an average of 1.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does SERIMCO fall under?
In its 2025 annual accounts, SERIMCO states joint committees 200 (Auxiliary committee for white-collar workers) and 100 (Auxiliary committee for blue-collar workers).
What is the turnover of SERIMCO?
The turnover in financial year 2025 is ≈ €65,000. This figure is estimated from the gross margin of €16,546 and 140 comparable companies (NACE 70200). It probably lies between €29,000 and €170,000. It is a rough estimate.
Is SERIMCO profitable?
In financial year 2025, SERIMCO made a profit of €8,328.
Where can I find the annual accounts of SERIMCO?
SERIMCO filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SERIMCO due?
SERIMCO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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