SRS GROUP
ActiveSummary
SRS GROUP has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €449k and a net result of €104k. Equity is growing by ~61.7% per year across the filed fiscal years. Its solvency ranks better than 74% of 18280 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▼-9
Solvency88▲+19
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity short (current ratio 0.63 against 0.46 in 2024; short-term debt: 22.7% and cash: 8.6% of total assets), and 36.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 47
Relative position
BE, all sectors
reference
Sector 47
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
63.3%
Return on assets
14.7%
Age of the figures
15 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 09-01-2026, 22 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
22 d early
2024
2 d early
2023
on the day
2022
39 d early
2021
on the day
2020
2 d early
2019
16 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€449k▲ 30.2%
2024 · €345k
2019: €19k
2020: €49k
2021: €94k
2022: €149k
2023: €172k
2024: €345k
2019 → 2025
Total assets
€709k▼ 10.1%
2024 · €788k
2019: €212k
2020: €247k
2021: €272k
2022: €306k
2023: €292k
2024: €788k
2019 → 2025
Net result
€104k▼ 39.8%
2024 · €173k
2019: €13k
2020: €30k
2021: €45k
2022: €43k
2023: €23k
2024: €173k
2019 → 2025
Working capital
€-59k▲ 61.1%
2024 · €-152k
2019: €-30k
2020: €-64k
2021: €-35k
2022: €1k
2023: €11k
2024: €-152k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€94k-€149k▲ 58.4%€172k▲ 15.1%€345k▲ 101%€449k▲ 30.2%
Operating result€63k-€62k▼ 1.7%€33k▼ 45.7%€248k▲ 642%€141k▼ 43.2%
Net result€45k-€43k▼ 5.4%€23k▼ 47.4%€173k▲ 669%€104k▼ 39.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 43% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €709k
Fixed assets
€607k ▼ 8.1%
Current assets
€102k ▼ 20.7%
Equity and liabilities €709k
Equity
€449k ▲ 30.2%
Debt
€260k ▼ 41.5%
The debt ratio falls from 56.3% to 36.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€218k▼
2024 · €300k
Cash flow
€182k▼
2024 · €225k
Current ratio
0.63▲
2024 · 0.46
Quick ratio
0.59▲
2024 · 0.43
Debt / equity
0.58▼
2024 · 1.29
ROE
23.2%▼
2024 · 50.2%
ROA
14.7%▼
2024 · 22.0%
Interest coverage
41.81▲
2024 · 27.06
Debt ≤ 1 year
€161k▼
2024 · €280k
Debt > 1 year
€99k▼
2024 · €163k
Income taxes
€32k▼
2024 · €64k
Staff costs
€92k▼
2024 · €92k
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 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€788k€709k▼
Fixed assets21/28€660k€607k▼
Tangible fixed assets22/27€660k€607k▼
Land and buildings22€451k€417k▼
Plant, machinery and equipment23€163k€154k▼
Furniture and vehicles24€46k€35k▼
Current assets29/58€129k€102k▼
Stocks and contracts in progress3€7k€7k▲
Stocks30/36€7k€7k▲
Amounts receivable within one year40/41€21k€6k▼
Trade receivables40€15k€325▼
Other amounts receivable41€6k€5k▼
Current investments50/53€20k€20k=
Cash at bank and in hand54/58€66k€61k▼
Deferred charges and accrued income490/1€14k€8k▼
Equity and liabilities
Total equity and liabilities10/49€788k€709k▼
Equity10/15€345k€449k▲
Contributions10/11€20k€20k=
Reserves13€151k€151k=
Distributable reserves133€151k€151k=
Profit (loss) carried forward14€174k€278k▲
Amounts payable17/49€444k€260k▼
Amounts payable after more than one year17€163k€99k▼
Financial debts170/4€162k€97k▼
Other amounts payable178/9€1k€1k=
Amounts payable within one year42/48€280k€161k▼
Current portion of amounts payable after more than one year42€64k€65k▲
Trade debts44€53k€55k▲
Suppliers440/4€53k€55k▲
Taxes, remuneration and social security45€53k€17k▼
Taxes450/3€48k€17k▼
Remuneration and social security454/9€5k-
Other amounts payable47/48€111k€24k▼
Income statement
Code20242025
Remuneration, social security and pensions62€92k€92k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€52k€77k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€395k€313k▼
Operating profit (loss)9901€248k€141k▼
Financial income75/76B€135€610▲
Recurring financial income75€135€610▲
Financial charges65/66B€11k€5k▼
Recurring financial charges65€11k€5k▼
Non-recurring financial charges66B-€210
Profit (loss) for the period before taxes9903€237k€136k▼
Income taxes67/77€64k€32k▼
Profit (loss) for the period9904€173k€104k▼
Profit (loss) for the period to be appropriated9905€173k€104k▼
Appropriation of the result
Profit (loss) to be appropriated9906€174k€278k▲
Profit (loss) brought forward from the previous period14P€511€174k▲
The notes to these accounts (6 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
09-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Highest result since 2019net €173k ▲669%
Operating result €248k, net result €173k, both a record.
30-06
Financial
Equity above €200kEq €345k ▲101%
6 profitable years in a row build equity to €345k.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Equity above €150kEq €172k ▲15.1%
5 profitable years in a row build equity to €172k.
2022
23-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Equity above €100kEq €149k ▲58.4%
4 profitable years in a row build equity to €149k.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
15-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
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, Middelkerke · 1 establishment unit since 2018
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.
Kousestraat 18430 MiddelkerkeGround area
1,908 m²
Building footprint
498 m²
Volume, LiDAR
3,192 m³
2 parcels, Flanders · tallest building 17.7 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
SRS GROUP
since 20182.274.005.741
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35323D0470/00F000 | Flanders | 1,701 m² | 1 · 285 m² | - |
| 35022A0001/00E048 | Flanders | 207 m² | 1 · 213 m² | 17.7 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Food safety, FASFC
1 siteMiddelkerke2.274.005.741
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Of 269 companies in sector 47222 we hold annual accounts for 134. 78 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-01-2018
Fiscal year end30-06
Activities, NACEBEL
47222Retail trade
47110Non-specialised retail sale with food, beverages or tobacco predominating
47111Retail trade
47279Other retail sale of food
47299Retail trade
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.