SERTEC
ActiveSERTEC has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €144k and a net result of €180k. Equity is growing by ~16.3% per year across the filed fiscal years. Its solvency ranks better than 47% of 473 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
89
/ 100
Excellent▲ +3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency65▼-21
Growth52=
Stability100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity tight (current ratio 1.47 against 1.7 in 2024), and 65.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 33
Relative position
BE, all sectors
reference
Sector 33
higher
← 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
34.9%
Return on assets
43.4%
Age of the figures
8 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 29-07-2026, 2 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
2 d early
2024
7 d late
2023
26 d early
2022
42 d early
2021
8 d early
2020
27 d late
2019
2 d early
← before the deadline
after the deadline →
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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€1.52M
EBIT margin
24.2%
Net result
€180k▲ 35.6%
2024 · €133k
2018: €222k
2019: €255k
2020: €276k
2021: €277k
2022: €312k
2023: €180k
2024: €133k
2018 → 2025
Working capital
€125k▲ 24.5%
2024 · €101k
2018: €63k
2019: €57k
2020: €24k
2021: €48k
2022: €70k
2023: €62k
2024: €101k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.52M-
Equity€85k-€137k▲ 61.5%€107k▼ 21.7%€130k▲ 21.1%€144k▲ 11.4%
Operating result€368k-€417k▲ 13.3%€246k▼ 41.0%€178k▼ 27.5%€244k▲ 36.8%
Net result€277k-€312k▲ 12.5%€180k▼ 42.2%€133k▼ 26.4%€180k▲ 35.6%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 37% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €414k
Fixed assets
€19k▼ 34.2%
Current assets
€395k▲ 61.4%
Equity and liabilities €414k
Equity
€144k▲ 11.4%
Debt
€270k▲ 87.1%
The debt ratio rises from 52.6% to 65.1%: debt grows faster than equity.
Key figures and ratios
EBITDA
€263k▲
2024 · €201k
Cash flow
€199k▲
2024 · €155k
Solvency
34.9%▼
2024 · 47.4%
Current ratio
1.47▼
2024 · 1.70
Quick ratio
1.43▼
2024 · 1.67
Debt / equity
1.87▲
2024 · 1.11
ROE
124.5%▲
2024 · 102.3%
ROA
43.4%▼
2024 · 48.5%
Interest coverage
163.61▲
2024 · 136.79
Debt
€270k▲
2024 · €144k
Debt ≤ 1 year
€270k▲
2024 · €144k
Income taxes
€64k▲
2024 · €46k
Staff costs
€434k▲
2024 · €317k
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€274k€414k▲
Fixed assets21/28€29k€19k▼
Tangible fixed assets22/27€29k€19k▼
Plant, machinery and equipment23€685€2k▲
Furniture and vehicles24€28k€17k▼
Current assets29/58€245k€395k▲
Stocks and contracts in progress3€4k€9k▲
Stocks30/36€4k€9k▲
Amounts receivable within one year40/41€128k€104k▼
Trade receivables40€114k€63k▼
Other amounts receivable41€14k€41k▲
Cash at bank and in hand54/58€111k€261k▲
Deferred charges and accrued income490/1€2k€20k▲
Equity and liabilities
Total equity and liabilities10/49€274k€414k▲
Equity10/15€130k€144k▲
Contributions10/11€6k€6k=
Reserves13€101k€123k▲
Distributable reserves133€101k€123k▲
Profit (loss) carried forward14€23k€15k▼
Amounts payable17/49€144k€270k▲
Amounts payable within one year42/48€144k€270k▲
Trade debts44-€41k
Suppliers440/4-€41k
Taxes, remuneration and social security45€30k€60k▲
Taxes450/3€895€14k▲
Remuneration and social security454/9€29k€47k▲
Other amounts payable47/48€114k€169k▲
Income statement
Code20242025
Remuneration, social security and pensions62€317k€434k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€19k▼
Other operating charges640/8€3k€6k▲
Gross operating margin9900€521k€703k▲
Operating profit (loss)9901€178k€244k▲
Financial income75/76B€1k€998▼
Recurring financial income75€1k€998▼
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€178k€243k▲
Income taxes67/77€46k€64k▲
Profit (loss) for the period9904€133k€180k▲
Profit (loss) for the period to be appropriated9905€133k€180k▲
Appropriation of the result
Profit (loss) to be appropriated9906€155k€202k▲
Profit (loss) brought forward from the previous period14P€22k€23k▲
Transfer to equity691/2€22k€23k▲
To other reserves6921€22k€23k▲
Profit to be distributed694/7€110k€165k▲
Return on contributions (dividend)694€110k€165k▲
Social balance
Average headcount (FTE)90876.66.5▼
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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
07-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 7 days late
2024
31-12
Financial
Weakest financial yearnet €133k ▼26.4%
Net result drops to €133k, the lowest in the series; recovery starts the following year.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €312k ▲12.5%
Operating result €417k, net result €312k, both a record.
31-12
Financial
Equity above €100kEq €137k ▲61.5%
5 profitable years in a row build equity to €137k.
23-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 27 days late
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
12-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 12 days late
2018
13-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 13 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Geer · 2 establishment units since 2016
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.
Rue d'Or(GR) 44250 GeerGround area
3,037 m²
Building footprint
410 m²
Volume, LiDAR
1,915 m³
3 parcels, Wallonia · tallest building 9.0 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Rue de la Belle Vue(BOE) 2, 4250 Geer
since 20162.258.996.277
SERTEC SPRL
since 20162.259.789.006
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64029A0039/00M000 | Wallonia | 1,351 m² | 1 · 97 m² | 8.3 m · 2 fl. |
| 64013B0239/00V000 | Wallonia | 889 m² | 1 · 145 m² | - |
| 64013B0235/00F000 | Wallonia | 797 m² | 1 · 168 m² | 8.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 877 companies in sector 33110 we hold annual accounts for 435. 336 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-10-2016
Fiscal year end31-12
Activities, NACEBEL
33110Repair and maintenance of fabricated metal products
68121Development of residential building projects
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
43291Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 9 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.
Contact details
2 entriesE-mail:servais@sedab.be
Phone:0475/40.87.77