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SERKAR

Active
Public limited companyfounded 199431 yrs activeMonnikendreef 12, 2980 Zoersel, BelgiumKBO/BCE: BE 0454.263.767
Summary

SERKAR has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €449,198 and a net result of €1,223. Equity remains stable across the filed fiscal years (±0.3% per year). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability38=
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 40.39 against 39.16 in 2024; short-term debt: 0.2% of total assets), and 0.2% 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
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 31 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
99.8%
Return on assets
0.3%
Age of the figures
12 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
61 d early
2023
32 d early
2022
50 d early
2021
30 d early
2020
on the day
2019
31 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 29 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 30 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today30-09-2026 close30-04-2027 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

On 30 December 1994, SERKAR was incorporated.1 Total assets went from EUR 442,757 in 2018 to EUR 450,198 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€449,198▲ 0.3%
2024 · €447,975
Total assets
€450,198▲ 0.3%
2024 · €448,975
Net result
€1,223▲ 348%
2024 · €273
Working capital
€39,387▲ 3.2%
2024 · €38,164
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€1,112▼ 35.4%€1,542▲ 38.7%€1,320▼ 14.4%€279▼ 78.9%€1,223▲ 339%
Net result€1,094▼ 35.1%€1,542▲ 40.9%€1,315▼ 14.7%€273▼ 79.2%€1,223▲ 348%
Equity€444,846▲ 0.2%€446,387▲ 0.3%€447,702▲ 0.3%€447,975▲ 0.1%€449,198▲ 0.3%
Total assets€446,346▲ 0.1%€447,887▲ 0.3%€449,202▲ 0.3%€448,975▼ 0.1%€450,198▲ 0.3%
Debt€1,500▼ 28.1%€1,500=€1,500=€1,000▼ 33.3%€1,000=
Working capital€35,035▲ 2.3%€36,576▲ 4.4%€37,891▲ 3.6%€38,164▲ 0.7%€39,387▲ 3.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€500€1,000€1,500Operating result 2021: €1,112€1,112Net result 2021: €1,094€1,094Operating result 2022: €1,542€1,542Net result 2022: €1,542€1,542Operating result 2023: €1,320€1,320Net result 2023: €1,315€1,315Operating result 2024: €279€279Net result 2024: €273€273Operating result 2025: €1,223€1,223Net result 2025: €1,223€1,22320212022202320242025€0€500€1,000€1,500Operating result 2023: €1,320€1,320Net result 2023: €1,315€1,310Operating result 2024: €279€279Net result 2024: €273€273Operating result 2025: €1,223€1,220Net result 2025: €1,223€1,220202320242025
The operating result recovers in 2025; 2025 is 339% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €450,198
Fixed assets €409,811 =
Current assets €40,387 ▲ 3.1%
Equity and liabilities €450,198
Equity €449,198 ▲ 0.3%
Debt €1,000 =
Debt's share of the balance-sheet total stays at 0.2%.
Key figures and ratios
2025 value · change against 2024
Current ratio
40.39▲
2024 · 39.16
Debt to equity
0.00▼
2024 · 0.00
ROE
0.3%▲
2024 · 0.1%
ROA
0.3%▲
2024 · 0.1%
Debt ≤ 1 year
€1,000=
2024 · €1,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 14,733 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.2% went bankrupt
3.5% stopped otherwise
96% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

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 14,733 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 · 32 lines
Balance sheet Code20242025
Assets
Total assets20/58€448,975€450,198▲
Fixed assets21/28€409,811€409,811=
Tangible fixed assets22/27€409,811€409,811=
Land and buildings22€409,811€409,811=
Current assets29/58€39,164€40,387▲
Amounts receivable within one year40/41€39,164€40,387▲
Other amounts receivable41€39,164€40,387▲
Equity and liabilities
Total equity and liabilities10/49€448,975€450,198▲
Equity10/15€447,975€449,198▲
Contributions10/11€421,500€421,500=
Capital10€421,500€421,500=
Issued capital100€421,500€421,500=
Reserves13€26,475€27,698▲
Non-distributable reserves130/1€1,904€1,965▲
Legal reserve130€1,904€1,965▲
Distributable reserves133€24,571€25,733▲
Amounts payable17/49€1,000€1,000=
Amounts payable within one year42/48€1,000€1,000=
Trade debts44€1,000€1,000=
Suppliers440/4€1,000€1,000=
Income statement Code20242025
Other operating charges640/8€381€392▲
Gross operating margin9900€660€1,615▲
Operating profit (loss)9901€279€1,223▲
Financial charges65/66B€6-
Recurring financial charges65€6-
Profit (loss) for the period before taxes9903€273€1,223▲
Profit (loss) for the period9904€273€1,223▲
Profit (loss) for the period to be appropriated9905€273€1,223▲
Appropriation of the result
Profit (loss) to be appropriated9906€273€1,223▲
Transfer to equity691/2€273€1,223▲
To the legal reserve6920€15€61▲
To other reserves6921€258€1,162▲

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8-€333€362€381€392▲ 2.8%
Gross operating margin9900€1,438€1,875€1,683€660€1,615▲ 145%
Operating profit (loss)9901€1,112€1,542€1,320€279€1,223▲ 339%
Financial charges65/66B--€5€6--
Recurring financial charges65€18-€5€6--
Profit (loss) for the period before taxes9903€1,094€1,542€1,315€273€1,223▲ 348%
Profit (loss) for the period9904€1,094€1,542€1,315€273€1,223▲ 348%
Profit (loss) for the period to be appropriated9905€1,094€1,542€1,315€273€1,223▲ 348%
Line20212022202320242025Change
Assets
Total assets20/58€446,346€447,887€449,202€448,975€450,198▲ 0.3%
Fixed assets21/28€409,811€409,811€409,811€409,811€409,811=
Tangible fixed assets22/27€409,811€409,811€409,811€409,811€409,811=
Land and buildings22-€409,811€409,811€409,811€409,811=
Current assets29/58€36,535€38,076€39,391€39,164€40,387▲ 3.1%
Amounts receivable within one year40/41€36,535€38,076€39,391€39,164€40,387▲ 3.1%
Other amounts receivable41-€38,076€39,391€39,164€40,387▲ 3.1%
Equity and liabilities
Total equity and liabilities10/49€446,346€447,887€449,202€448,975€450,198▲ 0.3%
Equity10/15€444,846€446,387€447,702€447,975€449,198▲ 0.3%
Contributions10/11€421,500€421,500€421,500€421,500€421,500=
Capital10-€421,500€421,500€421,500€421,500=
Issued capital100-€421,500€421,500€421,500€421,500=
Reserves13€23,346€24,887€26,202€26,475€27,698▲ 4.6%
Non-distributable reserves130/1-€1,819€1,889€1,904€1,965▲ 3.2%
Legal reserve130-€1,819€1,889€1,904€1,965▲ 3.2%
Distributable reserves133-€23,068€24,313€24,571€25,733▲ 4.7%
Amounts payable17/49€1,500€1,500€1,500€1,000€1,000=
Amounts payable within one year42/48€1,500€1,500€1,500€1,000€1,000=
Trade debts44€1,500€1,500€1,500€1,000€1,000=
Suppliers440/4-€1,500€1,500€1,000€1,000=
Line20212022202320242025Change
Profit (loss) for the period9904€1,094€1,542€1,315€273€1,223▲ 348%
Operating cash flow (approximation)€1,094€1,542€1,315€273€1,223▲ 348%
Investment in fixed assets (approximation)-€0€0€0€0-

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 30-04-2027
2026
29-04
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial Weakest financial yearnet €273 ▼79.2%
Net result drops to €273, the lowest in the series; recovery starts the following year.
29-03
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
11-03
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-03
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
13-03
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
22-03
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-03
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, Zoersel · 1 establishment unit since 1995
seat establishment The establishment unit on the map
Ground area
1,763 m²
Building footprint
281 m²
Volume, LiDAR
1,525 m³
Parcel 11055C0176/00D004, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
SERKAR CVA
Monnikendreef 12, 2980 ZoerselInsurance, reinsurance and pension funding, except compulsory social security
since 19952.069.964.360
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11055C0176/00D004 Flanders 1,763 m² 1 · 281 m² 9.1 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. CABALLUX 100%
  2. SERKAR

Highest known parent: CABALLUX. 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.

Identification & contact

Identification
Legal formPublic limited company
Founded30-12-1994
Fiscal year end30-09
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

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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