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SERRUS

Active
Public limited companyfounded 200025 yrs activeGrote Markt 42, 8560 Wevelgem, BelgiumKBO/BCE: BE 0472.866.189
Summary

SERRUS has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.5m and a net result of €120,458. Equity is growing by ~10% per year across the filed fiscal years. Its solvency ranks better than 51% of 304 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability73▼-1
Solvency66▼-5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100,000 at 30 days acceptable
Liquidity tight (current ratio 1.37 against 1.65 in 2024; short-term debt: 8.5% and cash: 5% of total assets), and 59.1% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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 25 years 0 30 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
40.9%
Return on assets
3.4%
Age of the figures
9 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 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
70 d early
2023
84 d early
2022
20 d early
2021
39 d early
2020
86 d early
2019
42 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 49 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 48% 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 months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 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

SERRUS was incorporated on 3 October 2000.1 Total assets rose from EUR 2.2 million in 2018 to EUR 3.6 million in 2025.2

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

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Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€120,458▼ 10.8%
2024 · €135,117
Working capital
€112,313▼ 15.2%
2024 · €132,414
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€194,293▲ 439%€128,751▼ 33.7%€236,524▲ 83.7%€172,504▼ 27.1%€165,049▼ 4.3%
Net result€155,881▲ 1,485%€93,529▼ 40.0%€153,041▲ 63.6%€135,117▼ 11.7%€120,458▼ 10.8%
Equity€1.1m▲ 17.3%€1.2m▲ 8.8%€1.3m▲ 13.3%€1.4m▲ 10.3%€1.5m▲ 1.8%
Total assets€2.8m▲ 18.9%€3.2m▲ 13.7%€3.2m▲ 1.7%€3.1m▼ 2.4%€3.6m▲ 14.3%
Debt€1.7m▲ 19.9%€2.0m▲ 16.6%€1.9m▼ 4.9%€1.7m▼ 11.1%€2.1m▲ 24.9%
Working capital€5,059€36,683▲ 625%€74,294▲ 103%€132,414▲ 78.2%€112,313▼ 15.2%
Result per fiscal year
Operating resultNet result
€0€100,000€200,000Operating result 2021: €194,293€194,293Net result 2021: €155,881€155,881Operating result 2022: €128,751€128,751Net result 2022: €93,529€93,529Operating result 2023: €236,524€236,524Net result 2023: €153,041€153,041Operating result 2024: €172,504€172,504Net result 2024: €135,117€135,117Operating result 2025: €165,049€165,049Net result 2025: €120,458€120,45820212022202320242025€0€100,000€200,000Operating result 2023: €236,524€237,000Net result 2023: €153,041€153,000Operating result 2024: €172,504€173,000Net result 2024: €135,117€135,000Operating result 2025: €165,049€165,000Net result 2025: €120,458€120,000202320242025
The operating result has fallen two years in a row; 2025 is 4% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.6m
Fixed assets €3.2m ▲ 13.1%
Current assets €417,882 ▲ 24.7%
Equity and liabilities €3.6m
Equity €1.5m ▲ 1.8%
Debt €2.1m ▲ 24.9%
Debt's share of the balance-sheet total rises from 54.1% to 59.1%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€408,239▲
2024 · €346,738
Cash flow
€363,648▲
2024 · €309,351
Current ratio
1.37▼
2024 · 1.65
Debt to equity
1.45▲
2024 · 1.18
ROE
8.2%▼
2024 · 9.4%
ROA
3.4%▼
2024 · 4.3%
Interest coverage
12.00▼
2024 · 13.49
Debt ≤ 1 year
€305,569▲
2024 · €202,594
Debt > 1 year
€1.8m▲
2024 · €1.5m
Income taxes
€23,859▼
2024 · €27,156
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 14,684 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 0.3% 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%.

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% 1.6%
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 14,684 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 · 53 lines
Balance sheet Code20242025
Assets
Total assets20/58€3.1m€3.6m▲
Fixed assets21/28€2.8m€3.2m▲
Tangible fixed assets22/27€2.7m€3.1m▲
Land and buildings22€2.7m€3.1m▲
Furniture and vehicles24€3,002€1,685▼
Financial fixed assets28€93,374€93,374=
Current assets29/58€335,008€417,882▲
Amounts receivable within one year40/41€61,163€232,523▲
Trade receivables40€37,730€217,748▲
Other amounts receivable41€23,433€14,775▼
Cash at bank and in hand54/58€269,756€181,147▼
Deferred charges and accrued income490/1€4,090€4,212▲
Equity and liabilities
Total equity and liabilities10/49€3.1m€3.6m▲
Equity10/15€1.4m€1.5m▲
Contributions10/11€466,569€466,569=
Capital10€466,569€466,569=
Issued capital100€466,569€466,569=
Reserves13€715,168€741,160▲
Non-distributable reserves130/1€46,657€46,657=
Legal reserve130€46,657€46,657=
Tax-exempt reserves132€21,290€21,290=
Distributable reserves133€647,222€673,213▲
Profit (loss) carried forward14€258,979€258,979=
Amounts payable17/49€1.7m€2.1m▲
Amounts payable after more than one year17€1.5m€1.8m▲
Financial debts170/4€1.5m€1.8m▲
Amounts payable within one year42/48€202,594€305,569▲
Current portion of amounts payable after more than one year42€196,517€212,009▲
Trade debts44€5,058€5,995▲
Suppliers440/4€5,058€5,995▲
Taxes, remuneration and social security45€1,020€717▼
Taxes450/3€303€0▼
Remuneration and social security454/9€717€717=
Other amounts payable47/48€0€86,847▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€174,235€243,190▲
Other operating charges640/8€22,516€23,796▲
Gross operating margin9900€369,254€432,035▲
Operating profit (loss)9901€172,504€165,049▼
Financial income75/76B€15,468€13,301▼
Recurring financial income75€15,468€13,301▼
Financial charges65/66B€25,700€34,033▲
Recurring financial charges65€25,700€34,033▲
Profit (loss) for the period before taxes9903€162,272€144,317▼
Income taxes67/77€27,156€23,859▼
Profit (loss) for the period9904€135,117€120,458▼
Profit (loss) for the period to be appropriated9905€135,117€120,458▼
Appropriation of the result
Profit (loss) to be appropriated9906€394,095€379,436▼
Profit (loss) brought forward from the previous period14P€258,979€258,979=
Transfer from equity791/2-€94,466
Transfer to equity691/2€135,117€120,458▼
To other reserves6921€135,117€120,458▼
Profit to be distributed694/7-€94,466
Return on contributions (dividend)694-€94,466

The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€122,990€154,434€166,002€174,235€243,190▲ 39.6%
Other operating charges640/8€14,402€15,098€18,160€22,516€23,796▲ 5.7%
Gross operating margin9900€331,686€298,282€420,685€369,254€432,035▲ 17.0%
Operating profit (loss)9901€194,293€128,751€236,524€172,504€165,049▼ 4.3%
Financial income75/76B€634€0€11€15,468€13,301▼ 14.0%
Recurring financial income75€634€0€11€15,468€13,301▼ 14.0%
Financial charges65/66B€31,796€26,121€25,644€25,700€34,033▲ 32.4%
Recurring financial charges65€31,796€26,121€25,644€25,700€34,033▲ 32.4%
Profit (loss) for the period before taxes9903€163,131€102,629€210,891€162,272€144,317▼ 11.1%
Income taxes67/77€7,250€9,100€57,850€27,156€23,859▼ 12.1%
Profit (loss) for the period9904€155,881€93,529€153,041€135,117€120,458▼ 10.8%
Profit (loss) for the period to be appropriated9905€155,881€93,529€153,041€135,117€120,458▼ 10.8%
Line20212022202320242025Change
Assets
Total assets20/58€2.8m€3.2m€3.2m€3.1m€3.6m▲ 14.3%
Fixed assets21/28€2.5m€2.8m€2.7m€2.8m€3.2m▲ 13.1%
Tangible fixed assets22/27€2.4m€2.7m€2.7m€2.7m€3.1m▲ 13.5%
Land and buildings22€2.4m€2.7m€2.7m€2.7m€3.1m▲ 13.6%
Furniture and vehicles24€3,207€2,388€4,389€3,002€1,685▼ 43.9%
Financial fixed assets28€95,199€95,199€93,374€93,374€93,374=
Current assets29/58€274,997€348,728€469,289€335,008€417,882▲ 24.7%
Amounts receivable within one year40/41€97,661€91,735€100,374€61,163€232,523▲ 280%
Trade receivables40€85,453€76,405€82,644€37,730€217,748▲ 477%
Other amounts receivable41€12,208€15,330€17,730€23,433€14,775▼ 36.9%
Cash at bank and in hand54/58€151,797€210,412€365,000€269,756€181,147▼ 32.8%
Deferred charges and accrued income490/1€25,539€46,582€3,915€4,090€4,212▲ 3.0%
Equity and liabilities
Total equity and liabilities10/49€2.8m€3.2m€3.2m€3.1m€3.6m▲ 14.3%
Equity10/15€1.1m€1.2m€1.3m€1.4m€1.5m▲ 1.8%
Contributions10/11€466,569€466,569€466,569€466,569€466,569=
Capital10€466,569€466,569€466,569€466,569€466,569=
Issued capital100€466,569€466,569€466,569€466,569€466,569=
Reserves13€333,482€427,011€580,052€715,168€741,160▲ 3.6%
Non-distributable reserves130/1€46,657€46,657€46,657€46,657€46,657=
Legal reserve130€46,657€46,657€46,657€46,657€46,657=
Tax-exempt reserves132€21,290€21,290€21,290€21,290€21,290=
Distributable reserves133€265,535€359,064€512,105€647,222€673,213▲ 4.0%
Profit (loss) carried forward14€258,979€258,979€258,979€258,979€258,979=
Amounts payable17/49€1.7m€2.0m€1.9m€1.7m€2.1m▲ 24.9%
Amounts payable after more than one year17€1.5m€1.7m€1.5m€1.5m€1.8m▲ 21.4%
Financial debts170/4€1.5m€1.7m€1.5m€1.5m€1.8m▲ 21.4%
Amounts payable within one year42/48€269,938€312,045€394,994€202,594€305,569▲ 50.8%
Current portion of amounts payable after more than one year42€152,497€185,963€182,110€196,517€212,009▲ 7.9%
Trade debts44€11,635€9,436€3,261€5,058€5,995▲ 18.5%
Suppliers440/4€11,635€9,436€3,261€5,058€5,995▲ 18.5%
Taxes, remuneration and social security45€717€12,369€16,022€1,020€717▼ 29.7%
Taxes450/3€0€11,651€15,304€303€0▼ 100%
Remuneration and social security454/9€717€717€717€717€717=
Other amounts payable47/48€105,088€104,277€193,602€0€86,847-
Line20212022202320242025Change
Profit (loss) for the period9904€155,881€93,529€153,041€135,117€120,458▼ 10.8%
+ Depreciation and write-downs630€122,990€154,434€166,002€174,235€243,190▲ 39.6%
Operating cash flow (approximation)€278,871€247,963€319,043€309,351€363,648▲ 17.6%
Investment in fixed assets (approximation)--€460,837-€99,771-€230,661-€609,663▼ 164%
Change in cash-€58,615€154,588-€95,244-€88,609▲ 7.0%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
22-05
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
08-05
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
11-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
22-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Highest result since 2018net €155,881 ▲1,485%
Net result €155,881, the highest in the series.
31-12
Financial Liquidity doublescurrent ratio 1.02
Current ratio from 0.43 to 1.02; short-term debt falls from €429,847 to €269,938.
31-12
Financial Equity above €1mEq €1.1m ▲17.3%
3 profitable years in a row build equity to €1.1m.
06-05
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
19-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Back to profitnet €94,466
Net result €94,466 after one loss-making year.
25-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
17-04
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-07
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 11 acts read
About the unread acts

We know of 11 Belgian State Gazette acts for this company. None of them has 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
11 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, Wevelgem · 1 establishment unit since 2015
seat establishment The establishment unit on the map
Ground area
1,527 m²
Building footprint
255 m²
Volume, LiDAR
2,668 m³
Parcel 34041C0431/00T000, Flanders · tallest building 18.7 m, ±5 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Serrus
Grote Markt 42, 8560 WevelgemRenting and operating of own or leased non-residential real estate, excluding land
since 20152.232.372.747
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34041C0431/00T000 Flanders 1,527 m² 1 · 255 m² 18.6 m · 5 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 holding

Owners 0

The accounts to 31-12-2024 list no shareholders, and no other source names one.

Holdings 1

According to the 2024 annual accounts of SERRUS and those 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.

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 10,471 EUR awarded · 10,471 EUR paid
Year Entries awardedpaid
2025 1 10,471 EUR10,471 EUR
Schemes
1 entry · 10,471 EUR · 10,471 EUR paid · Vlaams Energie- en Klimaatagentschap

Similar companies · same sector, comparable size

Of 903 companies in sector 96301 we hold annual accounts for 612. 423 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded03-10-2000
Fiscal year end31-12
Activities, NACEBEL 2025
96301Funeral services
56112Limited-service restaurants, excluding mobile food services
56210Event catering
Contact
E-mail info@serrusnv.be
Phone 056 42 30 28
Fax 056 40 44 57
E-invoicing
Reachable via Peppol
Peppol ID 0208:0472866189
Registered 17-10-2025

Register as of 27 September 2026 · Peppol Directory

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

General meetings

1 convocation
Extraordinary general meeting
on 29-06-2010 at 18u · published 09-06-2010
Agenda
Jaarverslag. Goedkeuring jaarrekening. Bestemming resultaat. Kwijting bestuurders. (Her)Benoemingen. Divers. (AOPC11004800/ 09.06) (24633) BENACIM-BEHEER, naamloze vennootschap, Mechelsesteenweg 201, 2640 MORTSEL Ondernemingsnummer 0444.736.882 De algemene vergadering heeft plaats op dinsdag 29 juni 2010, om 18 uur, op de maatschappelijke zetel en heeft volgende agenda : 1. Verslag raad van bestuur. 2. Goedkeuring jaarrekening afgesloten per 31 december 2009. 3. Bestemming van het resultaat. 4. Decharge aan de bestuurders. 5. Benoemingen. 6. Diversen. Om de vergadering bij te wonen dienen de aandeelhouders zich te schikken naar de statuten. (AOPC-1-10-04769/ 09.06) (24634) DECHAMPS, société ...