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SERSAU

Active
Public limited companyfounded 1994active for 32 yearsLouizalaan 449, 1050 Brussel, BelgiumKBO/BCE: BE 0453.006.331
Summary

SERSAU has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€601,572) and a net result of -€24,465. Equity has been shrinking by about 13% per year since 2018. The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Overview

Official details

Source: KBO
Status
Active since 22-06-1994 Normal situation
Activity
“La gestion du patrimoine immobilier constitué par les immeubles qu'elle pourrait acquérir,faire bâtir ou…” (deed in French)From the articles, 3 activitiesNo NACE code in the KBO yet
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Board and ownership

Board

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Annual accounts 2025
Gross margin
€90,909
▼ 0.3%
Turnover
≈ €250,000
estimated
Loss
€24,465
▼ 28.2%
Equity
-€601,572
▼ 4.2%
Total assets
€1.7m
▼ 4.0%
  • Negative equity on 31-12-2025
  • 2025 accounts filed 29 days after the deadline
Score breakdownraises riskCapped at 59: negative equityNegative equity -€601,572No registered site in the KBOFounded in 1994lowers riskSize: total assets €1.7mShow the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 20% of micro companies without a NACE code
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 0=
equity -34.7% of total assets
Liquidity 15=
short-term debt 66.8% · cash 0.5%
Profitability 42=
return on assets -1.4%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 2.5% 01-2025: 2.5%● unchanged vs 12-2024 02-2025: 2.7%▲ +0.2 percentage points vs 01-2025 03-2025: 2.6%▼ -0.1 percentage points vs 02-2025 04-2025: 2.7%▲ +0.1 percentage points vs 03-2025 05-2025: 3.4%▲ +0.7 percentage points vs 04-2025 06-2025: 3.7%▲ +0.3 percentage points vs 05-2025 07-2025: 4.1%▲ +0.4 percentage points vs 06-2025 08-2025: 5.0%▲ +0.9 percentage points vs 07-2025highest value 09-2025: 2.4%▼ -2.6 percentage points vs 08-2025 10-2025: 2.4%● unchanged vs 09-2025 11-2025: 2.4%● unchanged vs 10-2025 12-2025: 2.4%● unchanged vs 11-2025 01-2026: 2.4%● unchanged vs 12-2025 02-2026: 1.1%▼ -1.3 percentage points vs 01-2026 03-2026: 1.1%● unchanged vs 02-2026 04-2026: 1.1%● unchanged vs 03-2026 05-2026: 1.2%▲ +0.1 percentage points vs 04-2026 06-2026: 1.2%● unchanged vs 05-2026 07-2026: 1.3%▲ +0.1 percentage points vs 06-2026 08-2026: 2.2%▲ +0.9 percentage points vs 07-2026 09-2026: 0.6%▼ -1.6 percentage points vs 08-2026lowest value 10-2026: 0.6%● unchanged vs 09-2026lowest value 11-2026: 0.6%● unchanged vs 10-2026lowest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.01 (0.01 in 2024), below 1. Short-term debt is 66.8% and cash 0.5% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro). It does better than 5% of them on solvency, 11% on liquidity, 32% on profitability and 32% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

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

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
lowers risk · Size: total assets €1.7m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity -€601,572
NBB · annual accounts
raises risk · No registered site in the KBO
KBO · seat and establishments
raises risk · Founded in 1994
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€601,572
raises risk · 2025 accounts filed 29 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
29 days late
2024
25 days late
2023
27 days late
2022
28 days late
2021
61 days late
2020
90 days late
2019
91 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

The company filed its last 7 accounts on average 50 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2025, abbreviated format

2025 annual accounts filed 29 days after the deadline Filed on 29 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00452454.

Annual accounts 2025 filed on 29-08-2026 at the NBB all 30 filings

Turnover
≈ €250,000
Estimated: probably between €160,000 and €490,000
EBIT margin
Not included in this filing
Net result
-€24,465▲ 28.2%
2024 · -€34,070
Working capital
-€1.1m▲ 4.4%
2024 · -€1.2m
Multi-year overview
2018 to 2025, 8 financial years
Operating result
€1,674
2025
20182025
Net result
-€24,465
▲ 28.2% 2025
20182025
Equity
-€601,572
▼ 4.2% 2025
20182025
Total assets
€1.7m
▼ 4.0% 2025
20182025
Debt
€2.3m
▼ 2.0% 2025
20182025
Working capital
-€1.1m
▲ 4.4% 2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€0.03m--€0.1m▼ 279%-€0.08m▲ 34.4%-€0.04m▲ 53.4%-€0.03m▲ 23.0%-€0.01m▲ 56.8%-€0.008m▲ 36.6%€0.002m
Net result-€0.06m--€0.2m▼ 144%-€0.1m▲ 26.6%-€0.07m▲ 38.5%-€0.05m▲ 22.0%-€0.04m▲ 28.8%-€0.03m▲ 11.6%-€0.02m▲ 28.2%
Equity-€0.1m--€0.3m▼ 143%-€0.4m▼ 43.2%-€0.4m▼ 18.5%-€0.5m▼ 13.7%-€0.5m▼ 7.6%-€0.6m▼ 6.3%-€0.6m▼ 4.2%
Total assets€1.8m-€2.1m▲ 16.2%€2.1m▼ 2.2%€2.0m▼ 2.6%€2.0m▼ 3.8%€1.9m▼ 3.1%€1.8m▼ 4.7%€1.7m▼ 4.0%
Debt€1.9m-€2.4m▲ 23.3%€2.5m▲ 2.8%€2.5m▲ 0.6%€2.5m▼ 0.7%€2.4m▼ 0.9%€2.4m▼ 2.3%€2.3m▼ 2.0%
Working capital-€0.3m--€0.6m▼ 102%-€0.7m▼ 9.3%-€1.3m▼ 90.1%-€1.3m▲ 0.6%-€1.2m▲ 1.9%-€1.2m▲ 4.2%-€1.1m▲ 4.4%

The operating result for 2025 is a profit of €1,674, after a loss of €7,964 in 2024. It is the highest result since 2021.

The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.7m
Fixed assets €1.7m ▼ 4.3%
Current assets €14,180 ▲ 50.6%
Equity and liabilities
Equity-€601,572
Debt€2.3m
Equity is negative. Debt (€2.3m) exceeds the balance-sheet total (€1.7m).
Key figures and ratios
2025 value · change against 2024
EBITDA
€78,300▼
2024 · €79,029
Cash flow
€52,162▼
2024 · €52,923
Solvency
-34.7%▼
2024 · -32.0%
Current ratio
0.01▲
2024 · 0.01
ROA
-1.4%▲
2024 · -1.9%
Interest coverage
3.03▼
2024 · 3.06
Debt ≤ 1 year
€1.2m▼
2024 · €1.2m
Debt > 1 year
€1.2m=
2024 · €1.2m
Income taxes
€329▲
2024 · €318
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€33,826€25,263€22,487--
Depreciation and write-downs of the year€88,976€85,460€86,427€86,993€76,626

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.8m€1.7m▼
Fixed assets21/28€1.8m€1.7m▼
Tangible fixed assets22/27€1.7m€1.6m▼
Land and buildings22€1.7m€1.6m▼
Furniture and vehicles24€0.02m€0.02m▼
Financial fixed assets28€0.1m€0.1m=
Current assets29/58€0.009m€0.01m▲
Amounts receivable within one year40/41€0.001m€0.001m▲
Trade receivables40-€300
Other amounts receivable41€0.001m€0.001m▲
Cash at bank and in hand54/58€0.005m€0.009m▲
Deferred charges and accrued income490/1€0.004m€0.004m▲
Equity and liabilities
Total equity and liabilities10/49€1.8m€1.7m▼
Equity10/15-€0.6m-€0.6m▼
Contributions10/11€0.4m€0.4m=
Capital10€0.4m€0.4m=
Issued capital100€0.4m€0.4m=
Revaluation surpluses12€0.4m€0.4m=
Profit (loss) carried forward14-€1.3m-€1.4m▼
Amounts payable17/49€2.4m€2.3m▼
Amounts payable after more than one year17€1.2m€1.2m=
Financial debts170/4€1.2m€1.2m=
Amounts payable within one year42/48€1.2m€1.2m▼
Trade debts44€0.005m€0.005m▲
Suppliers440/4€0.005m€0.005m▲
Taxes, remuneration and social security45€318€318▼
Taxes450/3€318€318▼
Other amounts payable47/48€1.2m€1.2m▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.09m€0.08m▼
Other operating charges640/8€0.01m€0.01m▲
Gross operating margin9900€0.09m€0.09m▼
Operating profit (loss)9901-€0.008m€0.002m▲
Financial income75/76B€1€37▲
Recurring financial income75€1€37▲
Financial charges65/66B€0.03m€0.03m▲
Recurring financial charges65€0.03m€0.03m▲
Profit (loss) for the period before taxes9903-€0.03m-€0.02m▲
Income taxes67/77€318€329▲
Profit (loss) for the period9904-€0.03m-€0.02m▲
Profit (loss) for the period to be appropriated9905-€0.03m-€0.02m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€1.3m-€1.4m▼
Profit (loss) brought forward from the previous period14P-€1.3m-€1.3m▼

The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 29-08-2026.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€86,028€108,209€90,538€88,976€85,460€86,427€86,993€76,626▼ 11.9%
Other operating charges640/8---€9,194€11,057€11,863€12,192€12,609▲ 3.4%
Gross operating margin9900€60,733-€6,815€18,455€60,428€67,454€85,737€91,221€90,909▼ 0.3%
Operating profit (loss)9901-€32,588-€123,469-€80,968-€37,741-€29,062-€12,552-€7,964€1,674-
Financial income75/76B---€0€0€0€1€37▲ 49×
Recurring financial income75€3€1€8€0€0€0€1€37▲ 49×
Financial charges65/66B---€31,413€24,824€25,747€25,788€25,846▲ 0.2%
Recurring financial charges65€29,863€29,892€31,532€31,413€24,824€25,747€25,788€25,846▲ 0.2%
Profit (loss) for the period before taxes9903-€62,448-€153,360-€112,492-€69,154-€53,886-€38,299-€33,751-€24,136▲ 28.5%
Income taxes67/77€449€417€329€218€252€245€318€329▲ 3.4%
Profit (loss) for the period9904-€62,897-€153,776-€112,822-€69,372-€54,139-€38,543-€34,070-€24,465▲ 28.2%
Profit (loss) for the period to be appropriated9905-€62,897-€153,776-€112,822-€69,372-€54,139-€38,543-€34,070-€24,465▲ 28.2%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€1.8m€2.1m€2.1m€2.0m€2.0m€1.9m€1.8m€1.7m▼ 4.0%
Fixed assets21/28€1.8m€2.1m€2.1m€2.0m€1.9m€1.9m€1.8m€1.7m▼ 4.3%
Tangible fixed assets22/27€1.7m€2.0m€2.0m€1.9m€1.8m€1.8m€1.7m€1.6m▼ 4.5%
Land and buildings22---€1.9m€1.8m€1.7m€1.7m€1.6m▼ 4.5%
Plant, machinery and equipment23---€0.001m€0.001m€137---
Furniture and vehicles24---€0.02m€0.04m€0.03m€0.02m€0.02m▼ 7.5%
Financial fixed assets28€0.1m€0.1m€0.1m€0.1m€0.1m€0.1m€0.1m€0.1m=
Current assets29/58€0.02m€0.008m€0.02m€0.02m€0.008m€0.01m€0.009m€0.01m▲ 50.6%
Amounts receivable within one year40/41€0.001m€0.001m€0.001m€0.001m€0.001m€0.001m€0.001m€0.001m▲ 113%
Trade receivables40-------€300-
Other amounts receivable41---€0.001m€0.001m€0.001m€0.001m€0.001m▲ 56.3%
Cash at bank and in hand54/58€0.02m€0.005m€0.01m€0.01m€0.005m€0.007m€0.005m€0.009m▲ 82.6%
Deferred charges and accrued income490/1---€0.006m€0.002m€0.003m€0.004m€0.004m▲ 2.2%
Equity and liabilities
Total equity and liabilities10/49€1.8m€2.1m€2.1m€2.0m€2.0m€1.9m€1.8m€1.7m▼ 4.0%
Equity10/15-€0.1m-€0.3m-€0.4m-€0.4m-€0.5m-€0.5m-€0.6m-€0.6m▼ 4.2%
Contributions10/11€0.4m€0.4m€0.4m€0.4m€0.4m€0.4m€0.4m€0.4m=
Capital10---€0.4m€0.4m€0.4m€0.4m€0.4m=
Issued capital100---€0.4m€0.4m€0.4m€0.4m€0.4m=
Revaluation surpluses12---€0.4m€0.4m€0.4m€0.4m€0.4m=
Profit (loss) carried forward14-€0.9m-€1.0m-€1.1m-€1.2m-€1.3m-€1.3m-€1.3m-€1.4m▼ 1.8%
Amounts payable17/49€1.9m€2.4m€2.5m€2.5m€2.5m€2.4m€2.4m€2.3m▼ 2.0%
Amounts payable after more than one year17€1.6m€1.8m€1.8m€1.2m€1.2m€1.2m€1.2m€1.2m=
Financial debts170/4---€1.2m€1.2m€1.2m€1.2m€1.2m=
Amounts payable within one year42/48€0.3m€0.6m€0.7m€1.3m€1.3m€1.3m€1.2m€1.2m▼ 3.9%
Trade debts44€0.05m€0.003m€0.009m€0.002m€0.005m€0.004m€0.005m€0.005m▲ 3.0%
Suppliers440/4---€0.002m€0.005m€0.004m€0.005m€0.005m▲ 3.0%
Taxes, remuneration and social security45---€284€252€497€318€318▼ 0.1%
Taxes450/3---€284€252€497€318€318▼ 0.1%
Other amounts payable47/48---€1.3m€1.3m€1.3m€1.2m€1.2m▼ 4.0%
Accrued charges and deferred income492/3----€0.001m----
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€62,897-€153,776-€112,822-€69,372-€54,139-€38,543-€34,070-€24,465▲ 28.2%
+ Depreciation and write-downs630€86,028€108,209€90,538€88,976€85,460€86,427€86,993€76,626▼ 11.9%
Operating cash flow (approximation)€23,131-€45,567-€22,284€19,603€31,322€47,883€52,923€52,162▼ 1.4%
Investment in fixed assets (approximation)--€420,159-€34,739-€33,826-€18,449-€22,487€0€0-
Change in cash--€14,425€5,038€1,346-€6,794€2,274-€2,276€4,075-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 1,242 companies had the same profile as SERSAU has now. Two years later, 92.8% were still going and 1.9% had gone bankrupt.

  • Small
  • 20 years or older
  • negative equity
  • a small loss
92.8% was still going
4.0% stopped otherwise
1.9% went bankrupt

Another 1.4% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of SERSAU itself: 0.6% within 12 months.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,242 companies, not a prediction for SERSAU. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Latest 10 of 30 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 29-08-2026 2026-00452454 PDF
31-12-2024 micro format 25-08-2025 2025-00399734 PDF
31-12-2023 micro format 27-08-2024 2024-00385688 PDF
31-12-2022 micro format 28-08-2023 2023-00373046 PDF
31-12-2021 micro format 30-09-2022 2022-20450103 PDF
31-12-2020 full format 29-10-2021 2021-75400372 PDF
31-12-2019 full format 30-10-2020 2020-66600088 PDF
31-12-2018 full format 23-09-2019 2019-65500346 PDF
31-12-2017 full format 29-08-2018 2018-53800380 PDF
31-12-2016 full format 28-08-2017 2017-50000252 PDF

Show all 30 filings

Board & ownership

Directors

Directors
2 directors, 1 in day-to-day management, last change in 2025

Board 2

Maurice MASSON
Director · since 30-12-2025 · 6-year term from 2025 · listed in the 2025 annual accounts, filed on 29-08-2026
Current
OBJECTIF ACTION
Sole director · since 30-12-2025 · earlier director, until 30-12-2025 · earlier managing director, until 30-12-2025 · term without a fixed end · General partnership · permanent representative: Maurice MASSON · listed in the 2025 annual accounts, filed on 29-08-2026
Current

Day-to-day management 1

Maurice MASSON
Managing director · appointed in the act of 17-02-2026 · 6-year term from 2025
Current
Permanent representatives 1
Maurice MASSON
Permanent representative · appointed in the act of 16-01-2024 · for OBJECTIF ACTION
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Article 16 : pouvoir de représentation L’organe d’administration représente la société à l’égard des tiers et en justice, en tant que…”
deed of 16-01-2024

Owners and capital

Capital transactions

Capital over time
  1. 16-01-2024 Capital stated in the deed · €412,000 · 8,250 shares

Mandate history

2 people, 2 in office
Show
  • Board
  • Day-to-day management
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Maurice MASSON
  • Director, until 16-01-2024
  • Director, from 30-12-2025 to date
  • Managing director, appointed in the act of 17-02-2026, still in office
OBJECTIF ACTION
  • Director, until 16-01-2024
  • Sole director, appointed in the act of 16-01-2024, until 30-12-2025
  • Sole director, appointed in the act of 16-01-2024, still in office
  • Managing director, until 30-12-2025
See the board, name and registered office on a given date →

Articles of association

Board ruleThese rules set how the board is made up, meets and takes decisions.
“6 ans, administrateur unique”

Articles of association, deed of 16-01-2024 (in French)

Network & group

Holdings and subsidiaries

1 holding

Holdings 1

Companies at the same address

6 other companies

Connections & network

2 current directors
Depth

The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
29-08
NBB filing Annual accounts 2025 filedNBB
abbreviated format · 29 days late
17-02
Gazette deed Resignation: SNC OBJECTIF ACTION (director)
Appointment: Maurice MASSON (director)6 points ▸
  • General meeting, 30-12-2025
  • Director resignation, SNC OBJECTIF ACTION (director)
  • Director appointment, Maurice MASSON (director)
  • Board meeting, 30-12-2025
  • Director resignation, SNC OBJECTIF ACTION (managing director)
  • Director appointment, Maurice MASSON (managing director)

Open the act in the Belgian Official Gazette

2025
25-08
NBB filing Annual accounts 2024 filedPDF
micro format · 25 days late
2024
27-08
NBB filing Annual accounts 2023 filedPDF
micro format · 27 days late
16-01
Gazette deed 1 director appointed, 2 directors resigning
Change of role: OBJECTIF ACTION, from director to sole director · Resignation: Maurice MASSON (director) · Permanent representative: Maurice MASSON13 points ▸
  • General meeting, 28-12-2023
  • Other provision, “société anonyme(SA), forme légale” (deed in French)
  • Amendment of the articles
  • Capital, €412,000
  • General meeting, “assurer dépôt au dossier de la société, notaire soussigné” (deed in French)
  • Director resignation, Maurice MASSON (director)
  • Director resignation, OBJECTIF ACTION (director)
  • Director discharge, Maurice MASSON
  • Director discharge, OBJECTIF ACTION
  • Other provision, 1, “nombre d'administrateurs” (deed in French)
  • Director appointment, OBJECTIF ACTION (sole director)
  • Permanent representative, Maurice MASSON
  • The act holds 1 more point.

Open the act in the Belgian Official Gazette

2023
28-08
NBB filing Annual accounts 2022 filedPDF
micro format · 28 days late
2022
30-09
NBB filing Annual accounts 2021 filedPDF
micro format · 61 days late
2021
29-10
NBB filing Annual accounts 2020 filedPDF
full format · 90 days late
2020
30-10
NBB filing Annual accounts 2019 filedPDF
full format · 91 days late
2019
31-12
Financial Weakest financial yearnet -€153,776
The net result drops to -€153,776, the lowest from 2018 to 2025. It recovers the following year.
23-09
NBB filing Annual accounts 2018 filedPDF
full format · 54 days late
2018
29-08
NBB filing Annual accounts 2017 filedPDF
full format · 29 days late
2017
28-08
NBB filing Annual accounts 2016 filedPDF
full format · 28 days late
1994
20-07
Gazette deed Incorporation
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

SERSAU was incorporated on 22 June 1994.1 Total assets went from €1.8m in 2018 to €1.7m in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Register details

Identity

KBO record
Name SERSAU in French
Enterprise number 0453.006.331
LEI code 648800ALSEMMNZYB1146 live in the LEI register
Legal form Public limited company
Status Active, normale toestand
Founded 22-06-1994
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 16-01-2024 (in French)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région de Bruxelles-capitale, organe d'administration”
deed of 16-01-2024 (in French)

Registered office and establishments

Registered office Louizalaan 449, 1050 Brussel, Belgium

Activities

PurposeThe purpose describes the activities the company may carry out under its articles.
“La gestion du patrimoine immobilier constitué par les immeubles qu'elle pourrait acquérir,faire bâtir ou transformer; Toutes les opérations…”
3 activities
  1. La gestion du patrimoine immobilier constitué par les immeubles qu'elle pourrait acquérir,faire bâtir ou transformer.
  2. Toutes les opérations généralement quelconques se rapportant directement ou indirectement à son objet de nature à le favoriser
  3. S'intéresser à toutes entreprises ayant un objet similaire,analogue ou connexe au sien
deed of 16-01-2024 (in French)

Invoicing and payment

VAT number BE 0453.006.331
E-invoicing via Peppol
Not found in the Peppol Directory

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Invoicing without a Peppol listing

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Register as of 3 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Wednesday of June at 09:00
deed of 16-01-2024 (in French)

Environmental permits

1 application in Flanders since 2021 · 1 granted
Bomen vellen die geen deel uitmaken van een bos en/of bodemreliëf wijzigen
Granted on 23-07-2021submitted 26-04-2021authority: Sint-Genesius-Rodeproject 2021075153

Source: Omgevingsloket Vlaanderen.

Sites & property

Location
exact location from the address register On OpenStreetMap
7 companies at this address See who is registered here

Buildings and parcels at the address

Ground area
944 m²
Building footprint
362 m²
Building volume
14,326 m³
Cadastral parcel Region Area Buildings Height / floors
21822R0223/00R004
ProtectedMonumentResidentie Belvédère-Premier zetel van de GestapoSource ↗
Brussels 944 m² 1 · 362 m² 46.3 m · 14

1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.