SERNEELS
ActiveSummary
SERNEELS has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.99M and a net result of €53k. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 83% of 4157 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability42▼-28
Solvency96▲+7
Growth52▲+20
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €150k at 30 days acceptable
Liquidity ample (current ratio 2.14 against 1.81 in 2024; short-term debt: 28.9% and cash: 36.6% of total assets), and 29% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
71%
Return on assets
1.9%
Age of the figures
9 mo
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
on the day
2023
5 d late
2022
25 d late
2021
26 d late
2020
31 d late
2019
14 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€53k▲ 27.5%
2024 · €41k
2018: €232k
2019: €281k
2020: €271k
2021: €-47k
2022: €16k
2023: €29k
2024: €41k
2018 → 2025
Working capital
€926k▲ 6.4%
2024 · €871k
2018: €566k
2019: €560k
2020: €945k
2021: €790k
2022: €794k
2023: €827k
2024: €871k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.85M-€1.87M▲ 0.9%€1.90M▲ 1.5%€1.94M▲ 2.2%€1.99M▲ 2.7%
Operating result€-45k-€18k€25k▲ 40.5%€39k▲ 52.5%€56k▲ 45.1%
Net result€-47k-€16k€29k▲ 76.1%€41k▲ 43.4%€53k▲ 27.5%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 45% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.81M
Fixed assets
€1.07M =
Current assets
€1.74M ▼ 10.9%
Equity and liabilities €2.81M
Equity
€1.99M ▲ 2.7%
Debt
€815k ▼ 24.6%
Debt's share of the balance-sheet total falls from 35.8% to 29.0%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
2.14▲
2024 · 1.81
Quick ratio
2.14▲
2024 · 1.80
Debt to equity
0.41▼
2024 · 0.56
ROE
2.6%▲
2024 · 2.1%
ROA
1.9%▲
2024 · 1.4%
Debt ≤ 1 year
€812k▼
2024 · €1.08M
Income taxes
€18k▲
2024 · €13k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.02M€2.81M▼
Fixed assets21/28€1.07M€1.07M=
Tangible fixed assets22/27€63k€63k=
Land and buildings22€63k€63k=
Financial fixed assets28€1.01M€1.01M=
Current assets29/58€1.95M€1.74M▼
Stocks and contracts in progress3€7k€4k▼
Stocks30/36€7k€4k▼
Amounts receivable within one year40/41€859k€300k▼
Trade receivables40€52k€25k▼
Other amounts receivable41€807k€276k▼
Current investments50/53€500k€400k▼
Cash at bank and in hand54/58€578k€1.03M▲
Deferred charges and accrued income490/1€6k€6k=
Equity and liabilities
Total equity and liabilities10/49€3.02M€2.81M▼
Equity10/15€1.94M€1.99M▲
Contributions10/11€125k€125k=
Capital10€125k€125k=
Issued capital100€125k€125k=
Reserves13€1.81M€1.87M▲
Non-distributable reserves130/1€13k€13k=
Legal reserve130€13k€13k=
Distributable reserves133€1.80M€1.85M▲
Amounts payable17/49€1.08M€815k▼
Amounts payable within one year42/48€1.08M€812k▼
Trade debts44€25k€5k▼
Suppliers440/4€25k€5k▼
Taxes, remuneration and social security45€7k€9k▲
Taxes450/3€7k€9k▲
Other amounts payable47/48€1.05M€798k▼
Accrued charges and deferred income492/3€99€3k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k-
Other operating charges640/8€21k€22k▲
Non-recurring operating charges66A€7k-
Gross operating margin9900€69k€78k▲
Operating profit (loss)9901€39k€56k▲
Financial income75/76B€16k€15k▼
Recurring financial income75€16k€15k▼
Financial charges65/66B€206€946▲
Recurring financial charges65€206€946▲
Profit (loss) for the period before taxes9903€54k€70k▲
Income taxes67/77€13k€18k▲
Profit (loss) for the period9904€41k€53k▲
Profit (loss) for the period to be appropriated9905€41k€53k▲
Appropriation of the result
Profit (loss) to be appropriated9906€41k€53k▲
Transfer to equity691/2€41k€53k▲
To other reserves6921€41k€53k▲
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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
05-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 5 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 25 days late
2022
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 26 days late
2021
31-12
Financial
Weakest financial yearnet €-47k ▼117%
Net result drops to €-47k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 14 days late
2019
31-12
Financial
Highest result since 2018net €281k ▲21%
Operating result €417k, net result €281k, both a record.
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated 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, Aarschot · 1 establishment unit since 1991
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.
Gaston Geenslaan 293200 AarschotGround area
9,585 m²
Building footprint
2,159 m²
Volume, LiDAR
10,708 m³
Parcel 24662F0161/00E000, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Gaston Geenslaan 29, 3200 Aarschot
since 19912.054.214.629
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24662F0161/00E000 | Flanders | 9,585 m² | 1 · 2,159 m² | 6.6 m · 2 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.
Recognitions · licences · registrations
Dual-learning approval
1 endedOnderhoudsmecanicien personenwagens en lichte bedrijfsvoertuigen (so)
Similar companies · same sector, comparable size
DE ROOVER EN ZONEN
BE 0426.203.350
Leuven · Eq €1,991,936
GMA-CARS
BE 0658.867.352
Genk · Eq €1,991,496
REIFF
BE 0444.819.036
Herve · Eq €1,990,505
SISOPHAG
BE 0874.691.164
Oostende · Eq €1,993,729
GARAGE JEAN PIRENNE
BE 0425.286.008
Thimister-Clermont · Eq €1,987,502
Of 10,671 companies in sector 47811 we hold annual accounts for 5,222. 2,355 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded13-11-1990
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
68201Renting and operating of own or leased residential real estate, excluding social housing
77110Renting and leasing of cars and light motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.