SERRY KOEN
ActiveSERRY KOEN has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €219k and a net result of €-17k. Equity is growing by ~11% per year across the filed fiscal years. Its solvency ranks better than 72% of 27319 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-19
Solvency100▲+2
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 3.85 against 3.2 in 2024), and 32.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
67.7%
Return on assets
-5.2%
Age of the figures
14 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 10-02-2026, 10 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
10 d late
2024
on the day
2022
2 d early
2021
6 d late
2020
21 d late
2019
1 d early
2018
24 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
30-06-2026 close12-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€219k▼ 7.4%
2024 · €237k
2018: €101k
2019: €147k
2020: €181k
2021: €204k
2022: €229k
2024: €237k
2018 → 2025
Total assets
€324k▼ 19.8%
2024 · €405k
2018: €285k
2019: €319k
2020: €342k
2021: €406k
2022: €388k
2024: €405k
2018 → 2025
Net result
€-17k
2024 · €9k
2018: €6k
2019: €47k
2020: €34k
2021: €28k
2022: €27k
2024: €9k
2018 → 2025
Working capital
€228k▼ 15.4%
2024 · €270k
2018: €35k
2019: €84k
2020: €86k
2021: €201k
2022: €234k
2024: €270k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220242025Trend
Equity€181k-€204k▲ 12.4%€229k▲ 12.5%€237k▲ 3.4%€219k▼ 7.4%
Operating result€46k-€42k▼ 9.5%€41k▼ 3.5%€23k▼ 43.9%€-21k
Net result€34k-€28k▼ 18.3%€27k▼ 3.8%€9k▼ 65.8%€-17k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €21k after €23k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €324k
Fixed assets
€16k▲ 35.8%
Current assets
€308k▼ 21.5%
Equity and liabilities €324k
Equity
€219k▼ 7.4%
Debt
€105k▼ 37.4%
The debt ratio falls from 41.4% to 32.3%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€-12k▼
2024 · €39k
Cash flow
€-7k▼
2024 · €25k
Solvency
67.7%▲
2024 · 58.6%
Current ratio
3.85▲
2024 · 3.20
Quick ratio
3.74▲
2024 · 3.12
Debt / equity
0.48▼
2024 · 0.71
ROE
-7.8%▼
2024 · 3.9%
ROA
-5.2%▼
2024 · 2.3%
Interest coverage
-43.73▼
2024 · 2.85
Debt
€105k▼
2024 · €168k
Debt ≤ 1 year
€80k▼
2024 · €123k
Debt > 1 year
€25k=
2024 · €25k
Income taxes
€251▼
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€405k€324k▼
Fixed assets21/28€12k€16k▲
Tangible fixed assets22/27€12k€16k▲
Plant, machinery and equipment23€12k€16k▲
Current assets29/58€393k€308k▼
Stocks and contracts in progress3€10k€9k▼
Stocks30/36€9k€6k▼
Contracts in progress37€750€3k▲
Amounts receivable within one year40/41€65k€24k▼
Trade receivables40€49k€10k▼
Other amounts receivable41€17k€14k▼
Cash at bank and in hand54/58€315k€273k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€405k€324k▼
Equity10/15€237k€219k▼
Contributions10/11€12k€12k=
Reserves13€225k€207k▼
Distributable reserves133€225k€207k▼
Amounts payable17/49€168k€105k▼
Amounts payable after more than one year17€25k€25k=
Other amounts payable178/9€25k€25k=
Amounts payable within one year42/48€123k€80k▼
Trade debts44€7k€11k▲
Suppliers440/4€7k€11k▲
Taxes, remuneration and social security45€2k€1k▼
Taxes450/3€2k€1k▼
Other amounts payable47/48€114k€68k▼
Accrued charges and deferred income492/3€20k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€10k▼
Other operating charges640/8€3k€28k▲
Gross operating margin9900€42k€17k▼
Operating profit (loss)9901€23k€-21k▼
Financial income75/76B€4k€5k▲
Recurring financial income75€4k€5k▲
Financial charges65/66B€14k€264▼
Recurring financial charges65€14k€264▼
Profit (loss) for the period before taxes9903€13k€-17k▼
Income taxes67/77€4k€251▼
Profit (loss) for the period9904€9k€-17k▼
Profit (loss) for the period to be appropriated9905€9k€-17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€9k€-17k▼
Transfer from equity791/2€2k€17k▲
Transfer to equity691/2€9k-
To other reserves6921€9k-
Profit to be distributed694/7€2k€412▼
Return on contributions (dividend)694€2k€412▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 10 days late
2025
30-06
Financial
Weakest financial yearnet €-17k ▼285%
Net result drops to €-17k, the lowest in the series.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
06-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 6 days late
2021
30-09
Financial
Equity above €200kEq €204k ▲12.4%
4 profitable years in a row build equity to €204k.
21-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 21 days late
2020
30-09
Financial
Equity above €150kEq €181k ▲23.2%
3 profitable years in a row build equity to €181k.
29-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Highest result since 2018net €47k ▲681%
Operating result €68k, net result €47k, both a record.
24-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 24 days late
2018
30-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
30-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2016
28-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Wingene · 1 establishment unit since 2008
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Vossenholstraat 128755 WingeneGround area
6,444 m²
Building footprint
502 m²
Volume, LiDAR
1,692 m³
Parcel 37012B1005/00F000, Flanders · tallest building 7.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SERRY KOEN
since 20082.175.028.426
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37012B1005/00F000 | Flanders | 6,444 m² | 1 · 502 m² | 7.8 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Bart Goens
BE 0840.355.441
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B Clima
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FIRMA WEYMANS
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Of 6,989 companies in sector 43221 we hold annual accounts for 3,443. 2,820 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-11-2008
Fiscal year end30-06
Activities, NACEBEL
43221Plumbing work
25530Machining of metals
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.