SERTEC
ActiveSummary
SERTEC has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €144,449 and a net result of €179,776. Equity is growing by about 16% per year across the filed financial years. Its solvency ranks better than 45% of 592 sector peers (NACE 33, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
- Staff
- 6.5 FTE
- Equity
- €144,449
- Profit
- €179,776
- Parent
- S.D.G. PROPRIETES · 99%
- Dominique SERVAISDirector
Why 85raises riskSize: 6.5 FTE, total assets €413,970Sector: Repair, maintenance and installation of machinery and equipment (NACE 33)2 establishment unitslowers riskLiquidity: current ratio 1.47, cash €261,321Show the evidence
Checked score
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 (NACE 33, micro): better than 39% on solvency, 63% on liquidity, 90% on profitability and 53% on growth.
The bankruptcy probability was computed on 27-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 7 days before the deadline; the sector median (NACE 33) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · full…
- Weakest financial yearnet €132,613 ▼26.4%
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result recovers in 2025; 2025 is 37% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 33, Repair, maintenance and installation of machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 34,693 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 34,693 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €1.5m | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €0.8m | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €0.3m | €0.3m | €0.4m | €0.3m | €0.4m | ▲ 36.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.04m | €0.03m | €0.01m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | ▼ 14.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €0.003m | - | -€0.001m | - | - | - |
| Other operating charges640/8 | - | - | - | €0.003m | €0.005m | €0.006m | €0.003m | €0.006m | ▲ 91.5% |
| Gross operating margin9900 | €0.6m | €0.7m | €0.7m | €0.7m | €0.8m | €0.6m | €0.5m | €0.7m | ▲ 34.9% |
| Operating profit (loss)9901 | €0.3m | €0.4m | €0.4m | €0.4m | €0.4m | €0.2m | €0.2m | €0.2m | ▲ 36.8% |
| Financial income75/76B | - | - | - | €0.009m | €0.003m | €0.002m | €0.001m | €0.001m | ▼ 25.1% |
| Recurring financial income75 | €0.004m | €0.003m | €0.01m | €0.009m | €0.003m | €0.002m | €0.001m | €0.001m | ▼ 25.1% |
| Financial charges65/66B | - | - | - | €0.001m | €0.002m | €0.001m | €0.001m | €0.002m | ▲ 9.5% |
| Recurring financial charges65 | €0.002m | €0.001m | €0.001m | €0.001m | €0.002m | €0.001m | €0.001m | €0.002m | ▲ 9.5% |
| Profit (loss) for the period before taxes9903 | €0.3m | €0.4m | €0.4m | €0.4m | €0.4m | €0.2m | €0.2m | €0.2m | ▲ 36.5% |
| Income taxes67/77 | €0.09m | €0.1m | €0.09m | €0.1m | €0.1m | €0.07m | €0.05m | €0.06m | ▲ 39.3% |
| Profit (loss) for the period9904 | €0.2m | €0.3m | €0.3m | €0.3m | €0.3m | €0.2m | €0.1m | €0.2m | ▲ 35.6% |
| Profit (loss) for the period to be appropriated9905 | €0.2m | €0.3m | €0.3m | €0.3m | €0.3m | €0.2m | €0.1m | €0.2m | ▲ 35.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €407,622 | €427,202 | €424,065 | €477,230 | €448,787 | €396,086 | €273,697 | €413,970 | ▲ 51.3% |
| Fixed assets21/28 | €37,918 | €21,385 | €52,416 | €36,291 | €66,360 | €44,580 | €28,949 | €19,035 | ▼ 34.2% |
| Intangible fixed assets21 | €17,505 | - | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €20,413 | €21,385 | €52,416 | €36,291 | €66,360 | €44,580 | €28,949 | €19,035 | ▼ 34.2% |
| Land and buildings22 | - | - | - | €1,060 | - | - | - | - | - |
| Plant, machinery and equipment23 | - | - | - | - | €1,252 | €968 | €685 | €1,556 | ▲ 127% |
| Furniture and vehicles24 | - | - | - | €35,231 | €65,108 | €43,612 | €28,264 | €17,479 | ▼ 38.2% |
| Current assets29/58 | €369,704 | €405,817 | €371,649 | €440,939 | €382,427 | €351,506 | €244,748 | €394,935 | ▲ 61.4% |
| Stocks and contracts in progress3 | €17,784 | €15,991 | €13,956 | €14,435 | €38,157 | €19,979 | €4,315 | €9,069 | ▲ 110% |
| Stocks30/36 | - | - | - | €14,435 | €38,157 | €19,979 | €4,315 | €9,069 | ▲ 110% |
| Amounts receivable within one year40/41 | €126,587 | €318,926 | €302,402 | €119,282 | €55,894 | €80,792 | €128,347 | €104,165 | ▼ 18.8% |
| Trade receivables40 | - | - | - | €86,599 | €28,223 | €63,007 | €114,115 | €63,352 | ▼ 44.5% |
| Other amounts receivable41 | - | - | - | €32,683 | €27,671 | €17,785 | €14,232 | €40,813 | ▲ 187% |
| Cash at bank and in hand54/58 | €223,327 | €65,443 | €34,047 | €282,742 | €268,029 | €230,364 | €110,514 | €261,321 | ▲ 136% |
| Deferred charges and accrued income490/1 | - | - | - | €24,480 | €20,347 | €20,371 | €1,572 | €20,380 | ▲ 13× |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €407,622 | €427,202 | €424,065 | €477,230 | €448,787 | €396,086 | €273,697 | €413,970 | ▲ 51.3% |
| Equity10/15 | €36,210 | €40,937 | €67,266 | €84,691 | €136,762 | €107,060 | €129,672 | €144,449 | ▲ 11.4% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €7,573 | €7,573 | €7,573 | €61,067 | €78,491 | €78,491 | €100,859 | €123,473 | ▲ 22.4% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | - | - | - | €59,207 | €76,631 | €78,491 | €100,859 | €123,473 | ▲ 22.4% |
| Profit (loss) carried forward14 | €22,437 | €27,164 | €53,493 | €17,424 | €52,071 | €22,369 | €22,613 | €14,776 | ▼ 34.7% |
| Amounts payable17/49 | €371,412 | €386,265 | €356,799 | €392,539 | €312,025 | €289,026 | €144,025 | €269,521 | ▲ 87.1% |
| Amounts payable after more than one year17 | €64,806 | €37,221 | €9,353 | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €306,606 | €349,044 | €347,446 | €392,539 | €312,025 | €289,026 | €144,025 | €269,521 | ▲ 87.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €9,353 | - | - | - | - | - |
| Trade debts44 | €21,837 | €16,028 | €18,600 | €34,017 | €8,359 | €23,311 | - | €40,680 | - |
| Suppliers440/4 | - | - | - | €34,017 | €8,359 | €23,311 | - | €40,680 | - |
| Advances received on contracts in progress46 | - | - | - | €50,000 | - | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €35,619 | €40,116 | €52,166 | €29,874 | €60,291 | ▲ 102% |
| Taxes450/3 | - | - | - | €1,468 | €7,805 | €16,700 | €895 | €13,610 | ▲ 15× |
| Remuneration and social security454/9 | - | - | - | €34,151 | €32,311 | €35,466 | €28,979 | €46,681 | ▲ 61.1% |
| Other amounts payable47/48 | - | - | - | €263,550 | €263,550 | €213,549 | €114,151 | €168,550 | ▲ 47.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €222,437 | €254,727 | €276,329 | €277,424 | €312,071 | €180,298 | €132,613 | €179,776 | ▲ 35.6% |
| + Depreciation and write-downs630 | €43,338 | €30,523 | €11,004 | €18,615 | €16,463 | €24,381 | €22,388 | €19,086 | ▼ 14.7% |
| Operating cash flow (approximation) | €265,775 | €285,250 | €287,333 | €296,039 | €328,534 | €204,679 | €155,001 | €198,862 | ▲ 28.3% |
| Investment in fixed assets (approximation) | - | -€13,990 | -€42,035 | -€2,490 | -€46,532 | -€2,601 | -€6,757 | -€9,172 | ▼ 35.7% |
| Change in cash | - | -€157,884 | -€31,396 | €248,695 | -€14,713 | -€37,665 | -€119,850 | €150,807 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 29-07-2026 | 2026-00347978 |
| 31-12-2024 | full format | 07-08-2025 | 2025-00363877 |
| 31-12-2023 | full format | 05-07-2024 | 2024-00213585 |
| 31-12-2022 | full format | 19-06-2023 | 2023-00136498 |
| 31-12-2021 | full format | 23-07-2022 | 2022-20214753 |
| 31-12-2020 | full format | 27-08-2021 | 2021-56500355 |
| 31-12-2019 | full format | 29-07-2020 | 2020-36900331 |
| 31-12-2018 | full format | 12-08-2019 | 2019-45700483 |
| 31-12-2017 | full format | 13-08-2018 | 2018-45400218 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Dominique SERVAIS |
|
Owners and capital
Owners
1 ownerChain of control
- S.D.G. PROPRIETES
- SERTEC
Highest known parent: S.D.G. PROPRIETES. The sources do not say who stands above it.
Owners 1
- S.D.G. PROPRIETESparent99%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- 07-11-2023 Converted to unavailable equity
- 07-11-2023 Converted to uncalled contributions · €12,400
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
07-11
Gazette deed
Resignation: Dominique SERVAIS (manager)Appointment: Dominique SERVAIS (director) · Amendment of the articles · Capital conversion10 facts ▸
- General meeting, 12-10-2023
- Amendment of the articles (2 times)
- Capital conversion, “compte de capitaux propres et réserve statutairement indisponibles” (deed in French)
- Reserve release, “actif net et liquidités, supprimer le compte de capitaux propres et de réserve statutairement indisponible” (deed in French)
- Capital conversion, “compte de capitaux propres apports non appelés” (deed in French)
- Other provision, “objet social inchangé” (deed in French)
- Director resignation, Dominique SERVAIS (manager)
- Director appointment, Dominique SERVAIS (director (not named in the articles))
- Director discharge, Dominique SERVAIS
- Registered office clause, “4250 Geer,d’Or,4” (deed in French)
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0664.782.174
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
2 establishment units
3 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 64029A0039/00M000 | Wallonia | 1,351 m² | 1 · 97 m² | 8.3 m · 2 |
| 64013B0239/00V000 | Wallonia | 889 m² | 1 · 145 m² | - |
| 64013B0235/00F000 | Wallonia | 797 m² | 1 · 168 m² | 8.9 m · 3 |
How the parcels are linked
Articles of association
What the company does
- Name clauseThe name the company operates under according to its articles.
- SERTEC
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, Article 2” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Droit égal dans la répartition des bénéfices et des produits de la liquidation, 100” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Thursday of May at 18:30