SERROU TECHNICS SYSTEMS
ActiveSummary
The computed 12-month bankruptcy probability of SERROU TECHNICS SYSTEMS is 1.7% (moderate). The 2025 annual accounts show equity of €53,756 and a net result of €695. Equity is growing by ~5.6% per year across the filed fiscal years. Its solvency ranks better than 90% of 1323 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability70▼-19
Solvency100▲+24
Growth68=
Track record94
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity ample (current ratio 6.9 against 2.0 in 2024; short-term debt: 14.3% and cash: 80% of total assets), and 14.3% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 33
Relative position
BE, all sectors
reference
Repair, maintenance and installation of machinery and equipment (NACE 33)
about 56% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
85.7%
Return on assets
1.1%
Age of the figures
9 mo
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 02-07-2026, 29 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
29 d early
2024
44 d early
2023
30 d early
2022
71 d late
2021
70 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 8 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Turnover
€94,053▲ 61.4%
2021 · €58,278
EBIT margin
21.2%▼ 30.5pp
2021 · 51.6%
Net result
€695▼ 95.8%
2024 · €16,646
Working capital
€52,763▲ 2.4%
2024 · €51,510
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 33, Repair, maintenance and installation of machinery and equipment, 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
Turnover€58,278-€94,053▲ 61.4%
Operating result€30,081-€19,899▼ 33.8%€39,658▲ 99.3%€19,516▼ 50.8%€865▼ 95.6%
Net result€29,765within the sector's middle half-€19,899within the sector's middle half▼ 33.1%€15,752within the sector's middle half▼ 20.8%€16,646within the sector's middle half▲ 5.7%€695below the sector's middle half▼ 95.8%
EBIT margin51.6%-21.2%▼ 30.5pp
Equity€32,765within the sector's middle half-€52,663within the sector's middle half▲ 60.7%€68,415within the sector's middle half▲ 29.9%€53,061within the sector's middle half▼ 22.4%€53,756within the sector's middle half▲ 1.3%
Total assets€64,503below the sector's middle half-€54,403below the sector's middle half▼ 15.7%€82,860within the sector's middle half▲ 52.3%€104,610within the sector's middle half▲ 26.2%€62,693within the sector's middle half▼ 40.1%
Debt€31,738-€1,740▼ 94.5%€14,445▲ 730%€51,549▲ 257%€8,936▼ 82.7%
Working capital€32,061-€52,663▲ 64.3%€66,900▲ 27.0%€51,510▼ 23.0%€52,763▲ 2.4%
Solvency50.8%within the sector's middle half-96.8%above the sector's middle half▲ 46.0pp82.6%above the sector's middle half▼ 14.2pp50.7%within the sector's middle half▼ 31.8pp85.7%above the sector's middle half▲ 35.0pp
above
within
below
the middle half (P25 to P75) of NACE 33, Repair, maintenance and installation of machinery and equipment, 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
The operating result has fallen two years in a row; 2025 is 96% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €62,693
Fixed assets
€994 ▼ 35.9%
Current assets
€61,699 ▼ 40.1%
Equity and liabilities €62,693
Equity
€53,756 ▲ 1.3%
Debt
€8,936 ▼ 82.7%
Debt's share of the balance-sheet total falls from 49.3% to 14.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1,423▼
2024 · €20,016
Cash flow
€1,253▼
2024 · €17,146
Current ratio
6.90▲
2024 · 2.00
Debt to equity
0.17▼
2024 · 0.97
ROE
1.3%▼
2024 · 31.4%
ROA
1.1%▼
2024 · 15.9%
Interest coverage
6.66▼
2024 · 41.93
Debt ≤ 1 year
€8,936▼
2024 · €51,549
Income taxes
€462▼
2024 · €2,395
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,047 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 94% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
2.0%
went bankrupt
3.7%
stopped otherwise
94%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.7% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.6% |
| 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 74% 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 5,047 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €58,278 | €94,053 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €24,472 | €66,942 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,969 | - | €379 | €500 | €558 | ▲ 11.4% |
| Other operating charges640/8 | €756 | €6,435 | €1,510 | €680 | €701 | ▲ 3.1% |
| Gross operating margin9900 | €33,806 | €26,334 | €41,547 | €20,696 | €2,124 | ▼ 89.7% |
| Operating profit (loss)9901 | €30,081 | €19,899 | €39,658 | €19,516 | €865 | ▼ 95.6% |
| Financial income75/76B | - | - | - | €3 | €506 | ▲ 17,348% |
| Recurring financial income75 | - | - | - | €3 | €506 | ▲ 17,348% |
| Financial charges65/66B | €316 | - | €834 | €477 | €214 | ▼ 55.3% |
| Recurring financial charges65 | €316 | - | €834 | €477 | €214 | ▼ 55.3% |
| Profit (loss) for the period before taxes9903 | €29,765 | €19,899 | €38,825 | €19,041 | €1,158 | ▼ 93.9% |
| Income taxes67/77 | - | - | €23,073 | €2,395 | €462 | ▼ 80.7% |
| Profit (loss) for the period9904 | €29,765 | €19,899 | €15,752 | €16,646 | €695 | ▼ 95.8% |
| Profit (loss) for the period to be appropriated9905 | €29,765 | €19,899 | €15,752 | €16,646 | €695 | ▼ 95.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €64,503 | €54,403 | €82,860 | €104,610 | €62,693 | ▼ 40.1% |
| Fixed assets21/28 | €20,781 | - | €1,515 | €1,551 | €994 | ▼ 35.9% |
| Tangible fixed assets22/27 | €20,781 | - | €1,515 | €1,551 | €994 | ▼ 35.9% |
| Plant, machinery and equipment23 | - | - | €1,515 | €1,136 | €758 | ▼ 33.3% |
| Furniture and vehicles24 | - | - | - | €415 | €236 | ▼ 43.1% |
| Leasing and similar rights25 | €20,781 | - | - | - | - | - |
| Current assets29/58 | €43,722 | €54,403 | €81,345 | €103,058 | €61,699 | ▼ 40.1% |
| Amounts receivable within one year40/41 | €18,186 | €18,873 | €44,404 | €53,503 | €11,541 | ▼ 78.4% |
| Trade receivables40 | €12,981 | €5,907 | €20,911 | €17,046 | €3,456 | ▼ 79.7% |
| Other amounts receivable41 | €5,206 | €12,966 | €23,493 | €36,457 | €8,085 | ▼ 77.8% |
| Cash at bank and in hand54/58 | €25,536 | €35,531 | €34,231 | €46,833 | €50,158 | ▲ 7.1% |
| Deferred charges and accrued income490/1 | - | - | €2,710 | €2,722 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €64,503 | €54,403 | €82,860 | €104,610 | €62,693 | ▼ 40.1% |
| Equity10/15 | €32,765 | €52,663 | €68,415 | €53,061 | €53,756 | ▲ 1.3% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Outside capital11 | €3,000 | €3,000 | - | - | - | - |
| Share premium1100/10 | €3,000 | €3,000 | - | - | - | - |
| Reserves13 | - | - | €65,000 | €50,000 | €50,750 | ▲ 1.5% |
| Distributable reserves133 | - | - | €65,000 | €50,000 | €50,750 | ▲ 1.5% |
| Profit (loss) carried forward14 | €29,765 | €49,663 | €415 | €61 | €6 | ▼ 89.8% |
| Amounts payable17/49 | €31,738 | €1,740 | €14,445 | €51,549 | €8,936 | ▼ 82.7% |
| Amounts payable after more than one year17 | €20,077 | - | - | - | - | - |
| Financial debts170/4 | €20,077 | - | - | - | - | - |
| Amounts payable within one year42/48 | €11,661 | €1,740 | €14,445 | €51,549 | €8,936 | ▼ 82.7% |
| Trade debts44 | €611 | €137 | €1,264 | €2,040 | €1,866 | ▼ 8.5% |
| Suppliers440/4 | €611 | €137 | €1,264 | €2,040 | €1,866 | ▼ 8.5% |
| Advances received on contracts in progress46 | - | - | - | - | €893 | - |
| Taxes, remuneration and social security45 | €9,758 | €1,602 | €13,181 | €17,509 | €6,178 | ▼ 64.7% |
| Taxes450/3 | €9,758 | €1,602 | €13,181 | €14,909 | €6,178 | ▼ 58.6% |
| Remuneration and social security454/9 | - | - | - | €2,600 | €0 | ▼ 100% |
| Other amounts payable47/48 | €1,292 | - | - | €32,000 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €29,765 | €19,899 | €15,752 | €16,646 | €695 | ▼ 95.8% |
| + Depreciation and write-downs630 | €2,969 | - | €379 | €500 | €558 | ▲ 11.4% |
| Operating cash flow (approximation) | €32,733 | €19,899 | €16,131 | €17,146 | €1,253 | ▼ 92.7% |
| Investment in fixed assets (approximation) | - | - | - | -€536 | €0 | ▲ 100% |
| Change in cash | - | €9,995 | -€1,299 | €12,602 | €3,326 | ▼ 73.6% |
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
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €695 ▼95.8%
Net result drops to €695, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 6.90
Current ratio from 2.00 to 6.90; short-term debt falls from €51,549 to €8,936.
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 71 days late
2022
31-12
Financial
Liquidity times 8current ratio 31.27
Current ratio from 3.75 to 31.27; short-term debt falls from €11,661 to €1,740.
09-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 70 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Zoutleeuw · 1 establishment unit since 2021
Ground area
682 m²
Building footprint
141 m²
Volume, LiDAR
501 m³
Parcel 24017A0144/02M000, Flanders · tallest building 9.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SERROU TECHNICS SYSTEMS
since 20212.336.630.228
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24017A0144/02M000 | Flanders | 682 m² | 1 · 141 m² | 9.2 m · 1 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.
Similar companies · same sector, comparable size
projetech
BE 0882.629.229
Etterbeek · Eq €53,675
High Voltage
BE 0745.863.583
Lummen · Eq €53,646
ADESKO PAPER AND PULP
BE 0879.899.371
Dessel · Eq €53,920
Mylubricants Belgium
BE 0669.679.684
Liège · Eq €53,531
STEMONTECH
BE 0899.025.890
Hamont-Achel · Eq €53,988
Of 3,719 companies in sector 33120 we hold annual accounts for 1,345. 1,053 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
Founded05-06-2021
Fiscal year end31-12
Activities, NACEBEL 2025
33120Repair and maintenance of machinery
E-invoicing
Reachable via Peppol
Peppol ID
0208:0769374306
Also
9925:BE0769374306
Registered
21-07-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.