SERTO
The computed 12-month bankruptcy probability of SERTO is 0.7% (low). The 2024 annual accounts show equity of €176k and a net result of €-39k. Equity is growing by ~22.5% per year across the filed fiscal years. Its solvency ranks better than 29% of 1214 sector peers (fiscal year 2024). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €176k |
| Net result | €-39k |
| Staff (FTE) | 2 |
| Better than sector | 29% |
Fragile profile, watch profitability in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 6.7% | 20.3% | |
| Net result | €-39k | €26k | |
| Equity | €176k | €142k | |
| Gross operating margin | €167k | €217k | |
| Staff costs | €65k | €164k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €98k |
| Net profit | €-39k |
| Cash flow | €12k |
| Staff costs | €65k |
| Income taxes | €2k |
| Dividends | - |
| Total assets | €2.62M |
| Equity | €176k |
| Debt | €2.44M |
| of which ≤ 1y | €428k |
| of which > 1y | €2.01M |
| Working capital | €398k |
| Employees (FTE) | 2.0 |
| 2024 | |
|---|---|
| Current ratio | 1.93 |
| Quick ratio | 0.12 |
| Working capital ratio | 15.2% |
| Solvency | 6.7% |
| Debt / equity | 13.86 |
| Long-term debt ratio | 11.42 |
| Interest coverage | 1.16 |
| Gross margin | - |
| Net margin | - |
| ROA | -1.5% |
| ROE | -21.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €2.62M |
| Fixed assets | 21/28 | €1.79M |
| Tangible fixed assets | 22/27 | €1.78M |
| Financial fixed assets | 28 | €11k |
| Current assets | 29/58 | €825k |
| Stocks & contracts in progress | 3 | €775k |
| Amounts receivable within one year | 40/41 | €26k |
| Cash & bank | 54/58 | €15k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.62M |
| Equity | 10/15 | €176k |
| Contributions / capital | 10/11 | €20k |
| Reserves | 13 | €156k |
| Amounts payable | 17/49 | €2.44M |
| Amounts payable after one year | 17 | €2.01M |
| Amounts payable within one year | 42/48 | €428k |
| Trade debts payable within one year | 44 | €136k |
| Income statement | ||
| Gross operating margin | 9900 | €167k |
| Operating result | 9901 | €48k |
| Financial income | 75 | €234 |
| Financial charges | 65 | €84k |
| Result before taxes | 9903 | €-37k |
| Income taxes | 67/77 | €2k |
| Net result for the period | 9904 | €-39k |
| Result to be appropriated | 9905 | €-39k |
| NACE primary | Retail trade(47762) |
| Legal form | Private limited company(610) |
| Incorporation | 10-09-2004 |
| Status | Active |
| Postal code | 3700 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73348B0860/00A000 | Flanders | 1,760 m² | 1 · 1,743 m² | 10.5 m · 2 fl. |
| 73348B0143/00D002 | Flanders | 852 m² | 1 · 181 m² | 11.7 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
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| Legal nameNL | SERTO |