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SERIMMO

Active
Public limited companyfounded 199134 yrs activeRhodesstraat 3, 8870 Izegem, BelgiumKBO/BCE: BE 0445.355.308
Summary

SERIMMO has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€269,024) and a net result of €16,181. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 5% of 14220 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability80▲+32
Solvency0=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.07 against 0.02 in 2024; short-term debt: 382.9% and cash: 3.9% of total assets), and equity is negative.
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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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 34 years 0 40 y
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 2025
Solvency, return and age of the figures
Solvency
-282.9%
Return on assets
17%
Age of the figures
15 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 14220 sector peers (2025).
NBB · sector comparison
Position among 14220 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 08-01-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
23 d early
2024
21 d early
2023
26 d early
2022
50 d early
2021
49 d early
2020
48 d early
2019
39 d early
← 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 37 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
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

SERIMMO was incorporated on 2 October 1991.1 Total assets rose from EUR 70,817 in 2019 to EUR 95,081 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Equity
-€269,024▲ 5.7%
2024 · -€285,206
Total assets
€95,081▲ 22.5%
2024 · €77,609
Net result
€16,181▲ 389%
2024 · €3,310
Working capital
-€339,256▲ 4.6%
2024 · -€355,438
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate 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
Line20212022202320242025
Operating result€4,173▼ 53.4%-€3,199-€1,339▲ 58.1%€3,349€16,225▲ 385%
Net result€4,131within the sector's middle half▼ 53.6%-€3,241within the sector's middle half-€1,386within the sector's middle half▲ 57.2%€3,310within the sector's middle half€16,181within the sector's middle half▲ 389%
Equity-€283,888below the sector's middle half▲ 1.4%-€287,129below the sector's middle half▼ 1.1%-€288,515below the sector's middle half▼ 0.5%-€285,206below the sector's middle half▲ 1.1%-€269,024below the sector's middle half▲ 5.7%
Total assets€81,871below the sector's middle half▲ 7.6%€75,747below the sector's middle half▼ 7.5%€75,144below the sector's middle half▼ 0.8%€77,609below the sector's middle half▲ 3.3%€95,081below the sector's middle half▲ 22.5%
Debt€365,759▲ 0.5%€362,876▼ 0.8%€363,659▲ 0.2%€362,814▼ 0.2%€364,105▲ 0.4%
Working capital-€354,120▲ 1.2%-€357,361▼ 0.9%-€358,747▼ 0.4%-€355,438▲ 0.9%-€339,256▲ 4.6%
Solvency-346.8%below the sector's middle half▲ 31.9pp-379.1%below the sector's middle half▼ 32.3pp-384.0%below the sector's middle half▼ 4.9pp-367.5%below the sector's middle half▲ 16.5pp-282.9%below the sector's middle half▲ 84.6pp
above within below the middle half (P25 to P75) of NACE 68, Real estate 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
-€5,000€0€5,000€10,000€15,000Operating result 2021: €4,173€4,173Net result 2021: €4,131€4,131Operating result 2022: -€3,199-€3,199Net result 2022: -€3,241-€3,241Operating result 2023: -€1,339-€1,339Net result 2023: -€1,386-€1,386Operating result 2024: €3,349€3,349Net result 2024: €3,310€3,310Operating result 2025: €16,225€16,225Net result 2025: €16,181€16,18120212022202320242025-€5,000€0€5,000€10,000€15,000Operating result 2023: -€1,339-€1,340Net result 2023: -€1,386-€1,390Operating result 2024: €3,349€3,350Net result 2024: €3,310€3,310Operating result 2025: €16,225€16,200Net result 2025: €16,181€16,200202320242025
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 385% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €95,081
Fixed assets €70,232 =
Current assets €24,849 ▲ 237%
Key figures and ratios
2025 value · change against 2024
Current ratio
0.07▲
2024 · 0.02
Debt to equity
-1.35▼
2024 · -1.27
ROA
17.0%▲
2024 · 4.3%
Debt ≤ 1 year
€364,105▲
2024 · €362,814
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,798 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 91% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a profit of 5% of the balance sheet or more
2.5% went bankrupt
5.3% stopped otherwise
91% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% 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 3,798 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 · 2025 against 2024 · 28 lines
Balance sheet Code20242025
Assets
Total assets20/58€77,609€95,081▲
Fixed assets21/28€70,232€70,232=
Tangible fixed assets22/27€70,232€70,232=
Land and buildings22€70,232€70,232=
Current assets29/58€7,377€24,849▲
Amounts receivable within one year40/41€7,220€21,120▲
Trade receivables40€7,220€21,120▲
Cash at bank and in hand54/58€157€3,729▲
Equity and liabilities
Total equity and liabilities10/49€77,609€95,081▲
Equity10/15-€285,206-€269,024▲
Contributions10/11€62,000€62,000=
Capital10€62,000€62,000=
Issued capital100€62,000€62,000=
Revaluation surpluses12€18,565€18,565=
Profit (loss) carried forward14-€365,771-€349,590▲
Amounts payable17/49€362,814€364,105▲
Amounts payable within one year42/48€362,814€364,105▲
Other amounts payable47/48€362,814€364,105▲
Income statement Code20242025
Other operating charges640/8€64€192▲
Gross operating margin9900€3,413€16,417▲
Operating profit (loss)9901€3,349€16,225▲
Financial charges65/66B€39€44▲
Recurring financial charges65€39€44▲
Profit (loss) for the period before taxes9903€3,310€16,181▲
Profit (loss) for the period9904€3,310€16,181▲
Profit (loss) for the period to be appropriated9905€3,310€16,181▲
Appropriation of the result
Profit (loss) to be appropriated9906-€365,771-€349,590▲
Profit (loss) brought forward from the previous period14P-€369,081-€365,771▲

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8-€1,834€169€64€192▲ 200%
Gross operating margin9900€4,337-€1,365-€1,170€3,413€16,417▲ 381%
Operating profit (loss)9901€4,173-€3,199-€1,339€3,349€16,225▲ 385%
Financial charges65/66B-€42€47€39€44▲ 11.5%
Recurring financial charges65€42€42€47€39€44▲ 11.5%
Profit (loss) for the period before taxes9903€4,131-€3,241-€1,386€3,310€16,181▲ 389%
Profit (loss) for the period9904€4,131-€3,241-€1,386€3,310€16,181▲ 389%
Profit (loss) for the period to be appropriated9905€4,131-€3,241-€1,386€3,310€16,181▲ 389%
Line20212022202320242025Change
Assets
Total assets20/58€81,871€75,747€75,144€77,609€95,081▲ 22.5%
Fixed assets21/28€70,232€70,232€70,232€70,232€70,232=
Tangible fixed assets22/27€70,232€70,232€70,232€70,232€70,232=
Land and buildings22-€70,232€70,232€70,232€70,232=
Current assets29/58€11,639€5,515€4,912€7,377€24,849▲ 237%
Amounts receivable within one year40/41€10,560€5,220€4,720€7,220€21,120▲ 193%
Trade receivables40-€5,220€4,720€7,220€21,120▲ 193%
Cash at bank and in hand54/58€1,079€295€192€157€3,729▲ 2,280%
Equity and liabilities
Total equity and liabilities10/49€81,871€75,747€75,144€77,609€95,081▲ 22.5%
Equity10/15-€283,888-€287,129-€288,515-€285,206-€269,024▲ 5.7%
Contributions10/11€62,000€62,000€62,000€62,000€62,000=
Capital10-€62,000€62,000€62,000€62,000=
Issued capital100-€62,000€62,000€62,000€62,000=
Revaluation surpluses12-€18,565€18,565€18,565€18,565=
Profit (loss) carried forward14-€364,453-€367,695-€369,081-€365,771-€349,590▲ 4.4%
Amounts payable17/49€365,759€362,876€363,659€362,814€364,105▲ 0.4%
Amounts payable within one year42/48€365,759€362,876€363,659€362,814€364,105▲ 0.4%
Trade debts44€1,331-€783---
Suppliers440/4--€783---
Other amounts payable47/48-€362,876€362,876€362,814€364,105▲ 0.4%
Line20212022202320242025Change
Profit (loss) for the period9904€4,131-€3,241-€1,386€3,310€16,181▲ 389%
Operating cash flow (approximation)€4,131-€3,241-€1,386€3,310€16,181▲ 389%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash--€784-€103-€35€3,572▲ 10,223%

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

Next filing, fiscal year 2026, expected by 31-01-2027
2026
08-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial Highest result since 2019net €16,181 ▲389%
Operating result €16,225, net result €16,181, both a record.
10-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial Back to profitnet €3,310
Net result €3,310 after 2 loss-making years.
05-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
12-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial Weakest financial yearnet -€3,241
Net result drops to -€3,241, the lowest in the series; recovery starts the following year.
2021
13-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2020
14-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2019
23-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
20-12
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
14-12
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
12-12
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
4 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 1991
seat establishment The establishment unit on the map
Ground area
2,910 m²
Building footprint
490 m²
Volume, LiDAR
2,271 m³
2 parcels, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
SERIMMO NV
Manestraat 35, 8870 IzegemNACE 70201
since 19912.055.100.891
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36009B0169/00L000 Flanders 2,346 m² 1 · 253 m² 5.4 m · 1 fl.
36009B0329/00H000 Flanders 563 m² 1 · 236 m² 7.5 m · 2 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.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 9,146 companies in sector 68201 we hold annual accounts for 6,775. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded02-10-1991
Fiscal year end30-06
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

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