SERWEB
ActiveSERWEB has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5k and a net result of €978. Equity is growing by ~26% per year across the filed fiscal years. Its solvency ranks better than 10% of 1291 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability95▼-5
Solvency1=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.38 against 0.33 in 2024), and 98.6% 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 · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
1.4%
Return on assets
0.3%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 1291 sector peers (2025).
NBB · sector comparisonPosition among 1291 sector peers
Solvency
better than 10%
← weakest
strongest →
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
72 d early
2023
28 d early
2022
67 d early
2021
31 d late
2020
31 d late
2019
89 d late
← 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, micro schema
Equity
€5k▲ 23.5%
2024 · €4k
2018: €-76k
2019: €-70k
2020: €-105k
2021: €-76k
2022: €-43k
2023: €-11k
2024: €4k
2018 → 2025
Total assets
€367k▼ 7.8%
2024 · €398k
2018: €102k
2019: €274k
2020: €361k
2021: €357k
2022: €390k
2023: €420k
2024: €398k
2018 → 2025
Net result
€978▼ 93.6%
2024 · €15k
2018: €-50k
2019: €7k
2020: €-35k
2021: €28k
2022: €33k
2023: €32k
2024: €15k
2018 → 2025
Working capital
€-125k▲ 13.3%
2024 · €-145k
2018: €-170k
2019: €-324k
2020: €-258k
2021: €-233k
2022: €-189k
2023: €-213k
2024: €-145k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-76k-€-43k▲ 43.1%€-11k▲ 74.4%€4k€5k▲ 23.5%
Operating result€32k-€39k▲ 20.0%€40k▲ 1.6%€23k▼ 41.3%€7k▼ 68.5%
Net result€28k-€33k▲ 17.6%€32k▼ 1.7%€15k▼ 52.8%€978▼ 93.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 68% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €367k
Fixed assets
€292k▼ 10.9%
Current assets
€75k▲ 6.7%
Equity and liabilities €367k
Equity
€5k▲ 23.5%
Debt
€362k▼ 8.1%
The debt ratio falls from 99.0% to 98.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€43k▼
2024 · €59k
Cash flow
€37k▼
2024 · €51k
Solvency
1.4%▲
2024 · 1.0%
Current ratio
0.38▲
2024 · 0.33
Quick ratio
0.34▲
2024 · 0.30
Debt / equity
70.47▼
2024 · 94.72
ROE
19.0%▼
2024 · 366.9%
ROA
0.3%▼
2024 · 3.8%
Interest coverage
7.71▼
2024 · 8.87
Debt
€362k▼
2024 · €394k
Debt ≤ 1 year
€201k▼
2024 · €215k
Debt > 1 year
€161k▼
2024 · €179k
Income taxes
€939▼
2024 · €1k
Staff costs
€19k▲
2024 · €15k
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€398k€367k▼
Fixed assets21/28€327k€292k▼
Tangible fixed assets22/27€327k€292k▼
Land and buildings22€275k€257k▼
Plant, machinery and equipment23€1k€0▼
Furniture and vehicles24€51k€35k▼
Current assets29/58€71k€75k▲
Stocks and contracts in progress3€5k€7k▲
Stocks30/36€5k€7k▲
Amounts receivable within one year40/41€4k€8k▲
Trade receivables40€3k€4k▲
Other amounts receivable41€1k€4k▲
Cash at bank and in hand54/58€58k€59k▲
Deferred charges and accrued income490/1€4k€2k▼
Equity and liabilities
Total equity and liabilities10/49€398k€367k▼
Equity10/15€4k€5k▲
Contributions10/11€25k€25k=
Reserves13€145€145=
Non-distributable reserves130/1€145€145=
Reserves not available under the articles1311€145€145=
Profit (loss) carried forward14€-21k€-20k▲
Amounts payable17/49€394k€362k▼
Amounts payable after more than one year17€179k€161k▼
Financial debts170/4€179k€161k▼
Amounts payable within one year42/48€215k€201k▼
Current portion of amounts payable after more than one year42€17k€17k▲
Trade debts44€6k€3k▼
Suppliers440/4€6k€3k▼
Taxes, remuneration and social security45€2k€2k=
Taxes450/3€2k€2k=
Remuneration and social security454/9€0-
Other amounts payable47/48€191k€179k▼
Income statement
Code20242025
Remuneration, social security and pensions62€15k€19k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€36k=
Other operating charges640/8€2k€2k▲
Gross operating margin9900€76k€64k▼
Operating profit (loss)9901€23k€7k▼
Financial income75/76B€125€179▲
Recurring financial income75€125€179▲
Financial charges65/66B€7k€6k▼
Recurring financial charges65€7k€6k▼
Profit (loss) for the period before taxes9903€17k€2k▼
Income taxes67/77€1k€939▼
Profit (loss) for the period9904€15k€978▼
Profit (loss) for the period to be appropriated9905€15k€978▼
Appropriation of the result
Profit (loss) to be appropriated9906€-21k€-20k▲
Profit (loss) brought forward from the previous period14P€-36k€-21k▲
The notes to these accounts (5 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
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
20-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €33k ▲17.6%
Net result €33k, the highest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €28k
Net result €28k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
2019
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Hemiksem · 1 establishment unit since 2006
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.
Heuvelstraat 1872620 HemiksemGround area
101 m²
Building footprint
101 m²
Volume, LiDAR
859 m³
Parcel 11018B0141/00V007, Flanders · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SERWEB
since 20062.152.811.664
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11018B0141/00V007 | Flanders | 101 m² | 1 · 101 m² | 10.5 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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BODY-CONCEPT
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M SERVICE
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Of 877 companies in sector 33110 we hold annual accounts for 435. 139 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-10-2005
Fiscal year end31-12
Activities, NACEBEL
33110Repair and maintenance of fabricated metal products
47525Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.