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Serulus Agri

Active
Private limited companyfounded 2025active for 1 yearJongensschoolstraat 4, 3321 Hoegaarden, BelgiumKBO/BCE: BE 1019.017.464
Summary

Serulus Agri has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €37,065 and a net result of €34,065. Its solvency ranks better than 77% of 3,703 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

Turnover
≈ €120,000
Estimated: probably between €80,000 and €180,000
Total assets
€56,978
Net result
€34,065
Working capital
€31,804

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €56,978
Fixed assets €9,255
Current assets €47,724
Equity and liabilities €56,978
Equity €37,065
Debt €19,914
Debt finances 34.9% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€44,113
Cash flow
€35,810
Current ratio
3.00
Debt to equity
0.54
ROE
91.9%
ROA
59.8%
Interest coverage
over 100
Debt ≤ 1 year
€15,920
Income taxes
€8,266

Peer companies

Historical observation

Of the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a bankruptcy probability of < 0.1% 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%.

The companies in ten equal groups, from lowest to 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%

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 11,279 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 34 lines
Balance sheet Code2025
Assets
Total assets20/58€56,978
Fixed assets21/28€9,255
Tangible fixed assets22/27€9,255
Plant, machinery and equipment23€9,255
Current assets29/58€47,724
Amounts receivable within one year40/41€4,302
Trade receivables40€3,120
Other amounts receivable41€1,182
Cash at bank and in hand54/58€43,394
Deferred charges and accrued income490/1€27
Equity and liabilities
Total equity and liabilities10/49€56,978
Equity10/15€37,065
Contributions10/11€3,000
Reserves13€34,065
Distributable reserves133€34,065
Amounts payable17/49€19,914
Amounts payable within one year42/48€15,920
Taxes, remuneration and social security45€8,266
Taxes450/3€8,266
Other amounts payable47/48€7,654
Accrued charges and deferred income492/3€3,994
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,745
Other operating charges640/8€618
Gross operating margin9900€44,731
Operating profit (loss)9901€42,368
Financial charges65/66B€37
Recurring financial charges65€37
Profit (loss) for the period before taxes9903€42,331
Income taxes67/77€8,266
Profit (loss) for the period9904€34,065
Profit (loss) for the period to be appropriated9905€34,065
Appropriation of the result
Profit (loss) to be appropriated9906€34,065
Transfer to equity691/2€34,065
To other reserves6921€34,065

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,745
Other operating charges640/8€618
Gross operating margin9900€44,731
Operating profit (loss)9901€42,368
Financial charges65/66B€37
Recurring financial charges65€37
Profit (loss) for the period before taxes9903€42,331
Income taxes67/77€8,266
Profit (loss) for the period9904€34,065
Profit (loss) for the period to be appropriated9905€34,065
Line2025
Assets
Total assets20/58€56,978
Fixed assets21/28€9,255
Tangible fixed assets22/27€9,255
Plant, machinery and equipment23€9,255
Current assets29/58€47,724
Amounts receivable within one year40/41€4,302
Trade receivables40€3,120
Other amounts receivable41€1,182
Cash at bank and in hand54/58€43,394
Deferred charges and accrued income490/1€27
Equity and liabilities
Total equity and liabilities10/49€56,978
Equity10/15€37,065
Contributions10/11€3,000
Reserves13€34,065
Distributable reserves133€34,065
Amounts payable17/49€19,914
Amounts payable within one year42/48€15,920
Taxes, remuneration and social security45€8,266
Taxes450/3€8,266
Other amounts payable47/48€7,654
Accrued charges and deferred income492/3€3,994
Line2025
Profit (loss) for the period9904€34,065
+ Depreciation and write-downs630€1,745
Operating cash flow (approximation)€35,810

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 25-06-2026 2026-00232848

Similar companies · same sector, comparable size

Of the 5,125 active companies whose main activity is growing of cereals (except rice), leguminous crops and oil seeds (NACE 01110), figures are known for 622. 346 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.