SERIS Logistics

Active

Public limited companyfounded 198837 yrs activeTelecomlaan 8, 1831 Machelen (Brab.), BelgiumKBO/BCE: BE 0436.369.742

Summary

SERIS Logistics has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of -€197,097. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 64% of 51 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisWatch Report Compare

SERIS LogisticsActiveChecked score 86/100

Risk analysis Report Compare

Activity

Checked score

Score 2025

86 / 100

Excellent

Probability in this band: under 0.55%

Better than 48% of its sector peers (NACE 53, small)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2024

Average

Solvency 86+5

equity 60.9% of total assets

Liquidity 82+3

short-term debt 38.6% · cash 54.1%

Profitability 8-53

return on assets -9.3%

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.0% (57 companies)

Last 24 months 11-2024: 0.4% 12-2024: 0.4%● 0.0% vs 11-2024 01-2025: 0.4%● 0.0% vs 12-2024 02-2025: 0.4%● 0.0% vs 01-2025 03-2025: 0.5%▲ +17.3% vs 02-2025 04-2025: 0.5%▲ +1.9% vs 03-2025 05-2025: 0.6%▲ +4.3% vs 04-2025 06-2025: 0.5%▼ -5.6% vs 05-2025 07-2025: 0.6%▲ +13.7% vs 06-2025highest value 08-2025: 0.1%▼ -90.4% vs 07-2025lowest value 09-2025: 0.1%● 0.0% vs 08-2025lowest value 10-2025: 0.1%● 0.0% vs 09-2025lowest value 11-2025: 0.1%● 0.0% vs 10-2025lowest value 12-2025: 0.1%● 0.0% vs 11-2025lowest value 01-2026: 0.1%● 0.0% vs 12-2025lowest value 02-2026: 0.1%● 0.0% vs 01-2026lowest value 03-2026: 0.1%▲ +21.1% vs 02-2026 04-2026: 0.1%▼ -7.2% vs 03-2026 05-2026: 0.1%▲ +3.1% vs 04-2026 06-2026: 0.3%▲ +309% vs 05-2026 07-2026: 0.3%● 0.0% vs 06-2026 08-2026: 0.3%● 0.0% vs 07-2026 09-2026: 0.3%● 0.0% vs 08-2026 10-2026: 0.3%● 0.0% vs 09-2026

Loss of €197,097 (FY 2025) raises the probability
Liquidity: current ratio 2.37, cash €1.1m lowers the probability
Sector Postal and courier activities (NACE 53) raises the probability
Equity €1.3m (60.9% of total assets) lowers the probability

Credit up to €110,000 at 30 days acceptable

Liquidity ample (current ratio 2.37 against 2.2 in 2024; short-term debt: 38.6% and cash: 54.1% of total assets), and 39.1% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 53, small). Better than this share of them on solvency 87%, liquidity 89%, profitability 4%, growth against the median 14%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Loss of €197,097 (FY 2025)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Liquidity: current ratio 2.37, cash €1.1m

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Sector Postal and courier activities (NACE 53)

In the bankruptcy model this factor raises the probability.

KBO

Equity €1.3m (60.9% of total assets)

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-05-2026, 86 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

86 d early

2024

29 d early

2023

13 d early

2022

7 d early

2021

6 d early

2020

9 d early

2019

8 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 23 days before the deadline; the sector median for financial year 2024 is 13 days after the deadline, and 56% of the sector filed late.

Checked, nothing found (2)

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. Usually files around 19 July (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

03-10-2026 today31-12-2026 close31-07-2027 deadline

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

06-05-26 Annual accounts filedfiscal year 2025 · full…
31-12-25 Weakest financial yearnet -€197,097
17-10-25 Statutes amendmentState Gazette act

Key points

Caution: From profit to loss in 2025after €146,419 in 2024 -€197,097 View
Caution: Among the weakest 7% on net resultsector median €21,900 · 51 companies -€197,097 View
Positive: Always filed on timeaccounts within the deadline every year 8 years View
Known shareholderslargest: Sépargefi SAS 100% 100% View