Sertex
ActiveSummary
Sertex has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €153k and a net result of €62k. Equity is growing by ~67.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2026
95
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability100=
Solvency100=
Growth78=
Track record94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 6.08 against 3.97 in 2025; short-term debt: 15.9% and cash: 67% of total assets), and 15.9% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 26
Relative position
BE, all sectors
reference
Sector 26
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
84.1%
Return on assets
33.9%
Age of the figures
6 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 27-04-2026, 187 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2026
187 d early
2025
23 d early
2024
36 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 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, micro schema
Equity
€153k▲ 67.5%
2025 · €92k
2024: €30k
2025: €92k
2024 → 2026
Total assets
€182k▲ 49.3%
2025 · €122k
2024: €50k
2025: €122k
2024 → 2026
Net result
€62k▼ 2.1%
2025 · €63k
2024: €28k
2025: €63k
2024 → 2026
Working capital
€148k▲ 62.5%
2025 · €91k
2024: €30k
2025: €91k
2024 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202420252026Trend
Equity€30k-€92k▲ 203%€153k▲ 67.5%
Operating result€38k-€82k▲ 117%€79k▼ 3.6%
Net result€28k-€63k▲ 125%€62k▼ 2.1%
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 2026; 2026 is 4% below 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €182k
Fixed assets
€6k ▲ 623%
Current assets
€177k ▲ 45.4%
Equity and liabilities €182k
Equity
€153k ▲ 67.5%
Debt
€29k ▼ 5.2%
Debt's share of the balance-sheet total falls from 25.0% to 15.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€80k▼
2025 · €82k
Cash flow
€63k▼
2025 · €63k
Current ratio
6.08▲
2025 · 3.97
Debt to equity
0.19▼
2025 · 0.33
ROE
40.3%▼
2025 · 68.9%
ROA
33.9%▼
2025 · 51.6%
Interest coverage
45.14▲
2025 · 37.73
Debt ≤ 1 year
€29k▼
2025 · €31k
Income taxes
€17k▼
2025 · €17k
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 · 2026 against 2025 · 40 lines
Balance sheet
Code20252026
Assets
Total assets20/58€122k€182k▲
Fixed assets21/28€809€6k▲
Tangible fixed assets22/27€809€6k▲
Furniture and vehicles24€809€6k▲
Current assets29/58€121k€177k▲
Amounts receivable within one year40/41€37k€50k▲
Trade receivables40€17k€20k▲
Other amounts receivable41€20k€30k▲
Cash at bank and in hand54/58€82k€122k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€122k€182k▲
Equity10/15€92k€153k▲
Contributions10/11€3k€3k=
Reserves13€89k€150k▲
Distributable reserves133€89k€150k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€31k€29k▼
Amounts payable within one year42/48€31k€29k▼
Trade debts44€1k€1k▲
Suppliers440/4€1k€1k▲
Taxes, remuneration and social security45€28k€28k▲
Taxes450/3€28k€28k▲
Other amounts payable47/48€2k€0▼
Income statement
Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€223€1k▲
Other operating charges640/8€176€128▼
Gross operating margin9900€82k€80k▼
Operating profit (loss)9901€82k€79k▼
Financial income75/76B€854€2k▲
Recurring financial income75€854€2k▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€80k€79k▼
Income taxes67/77€17k€17k▼
Profit (loss) for the period9904€63k€62k▼
Profit (loss) for the period to be appropriated9905€63k€62k▼
Appropriation of the result
Profit (loss) to be appropriated9906€63k€62k▼
Transfer to equity691/2€61k€62k▲
To other reserves6921€61k€62k▲
Profit to be distributed694/7€2k€0▼
Return on contributions (dividend)694€2k€0▼
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 2027, expected by
2026
27-04
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
31-03
Financial
Equity above €150kEq €153k ▲67.5%
3 profitable years in a row build equity to €153k.
2025
08-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Highest result since 2024net €63k ▲125%
Operating result €82k, net result €63k, both a record.
2024
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Ardooie · 1 establishment unit since 2023
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.
Neerbergstraat 88850 ArdooieGround area
1,554 m²
Building footprint
218 m²
Parcel 36001B0216/00F000, Flanders. Linked by address, not a title deed.
1 establishment unit
Sertex
since 20232.346.531.453
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36001B0216/00F000 | Flanders | 1,554 m² | 1 · 218 m² | - |
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.
Similar companies · same sector, comparable size
Group Marinx & Co
BE 0885.269.510
Oostkamp · Eq €196k
PLD ELECTRONICS
BE 0472.413.061
Lommel · Eq €207k
G.M. ELECTRONICS
BE 0426.751.795
Wavre · Eq €270k
ALL GLASS SOLUTIONS
BE 0890.929.360
Braine-l'Alleud · Eq €87k
Glassdesign
BE 0885.872.888
Gent · Eq €292k
Of 71 companies in sector 26120 we hold annual accounts for 52. 26 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 formPrivate limited company
Founded22-06-2023
Fiscal year end31-03
Activities, NACEBEL 2025
26120Manufacture of computer, electronic and optical products
26110Manufacture of computer, electronic and optical products
33130Repair, maintenance and installation of machinery and equipment
46140Agents in the wholesale of industrial machinery, ships and aircraft
46500Wholesale of information and communication equipment
62900Other information technology and computer services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.