La Maison Sérésienne
ActiveLa Maison Sérésienne has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €99.93M and a net result of €1.91M. Equity is growing by ~7.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability74▲+15
Solvency93▲+3
Growth67▲+17
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.6M at 30 days acceptable
Liquidity ample (current ratio 8.24 against 10.24 in 2023; short-term debt: 5.5% and cash: 27.9% of total assets), and 32.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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 2024Solvency, return and age of the figures
Solvency
67.5%
Return on assets
1.3%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
41 d early
2022
40 d early
2021
24 d early
2020
37 d early
2019
42 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, unclassified schema
Turnover
€16.15M▲ 4.6%
2023 · €15.44M
2018: €13.20M
2019: €13.38M
2020: €13.24M
2021: €13.63M
2022: €14.53M
2023: €15.44M
2018 → 2024
EBIT margin
11.5%▲ 9.9pp
2023 · 1.7%
2018: 17.4%
2019: 24.1%
2020: 23.4%
2021: 19.6%
2022: 17.6%
2023: 1.7%
2018 → 2024
Net result
€1.91M▲ 641%
2023 · €257k
2018: €1.71M
2019: €2.62M
2020: €2.49M
2021: €2.23M
2022: €2.18M
2023: €257k
2018 → 2024
Working capital
€58.53M▼ 5.6%
2023 · €61.97M
2018: €39.95M
2019: €42.37M
2020: €68.58M
2021: €66.02M
2022: €62.81M
2023: €61.97M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€13.24M-€13.63M▲ 2.9%€14.53M▲ 6.6%€15.44M▲ 6.3%€16.15M▲ 4.6%
Equity€89.91M-€91.83M▲ 2.1%€93.41M▲ 1.7%€93.13M▼ 0.3%€99.93M▲ 7.3%
Operating result€3.10M-€2.67M▼ 13.9%€2.56M▼ 4.4%€260k▼ 89.8%€1.86M▲ 617%
Net result€2.49M-€2.23M▼ 10.5%€2.18M▼ 2.4%€257k▼ 88.2%€1.91M▲ 641%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 617% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €147.99M
Fixed assets
€81.38M▲ 10.4%
Current assets
€66.61M▼ 3.0%
Equity and liabilities €147.99M
Equity
€99.93M▲ 7.3%
Provisions
€5.65M▲ 4.5%
Debt
€42.41M▼ 3.3%
The debt ratio falls from 30.8% to 28.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€4.48M▲
2023 · €2.74M
Cash flow
€4.53M▲
2023 · €2.74M
Solvency
67.5%▲
2023 · 65.4%
Current ratio
8.24▼
2023 · 10.24
Quick ratio
8.24▼
2023 · 10.24
Debt / equity
0.42▼
2023 · 0.47
ROE
1.9%▲
2023 · 0.3%
ROA
1.3%▲
2023 · 0.2%
Interest coverage
4.87▲
2023 · 2.80
Debt
€42.41M▼
2023 · €43.87M
Debt ≤ 1 year
€8.08M▲
2023 · €6.71M
Debt > 1 year
€34.10M▼
2023 · €36.77M
Income taxes
€108k▲
2023 · €-11k
Staff costs
€4.33M▲
2023 · €4.31M
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€142.40M€147.99M▲
Fixed assets21/28€73.72M€81.38M▲
Intangible fixed assets21€2k€0▼
Tangible fixed assets22/27€73.71M€81.37M▲
Land and buildings22€72.93M€71.10M▼
Plant, machinery and equipment23€17k€9k▼
Furniture and vehicles24€84k€74k▼
Assets under construction and advance payments27€672k€10.19M▲
Financial fixed assets28€10k€10k=
Other financial fixed assets284/8€10k€10k=
Shares284€7k€7k=
Amounts receivable and cash guarantees285/8€3k€3k=
Current assets29/58€68.68M€66.61M▼
Amounts receivable after more than one year29€24.82M€21.79M▼
Other amounts receivable291€24.82M€21.79M▼
Stocks and contracts in progress3€21k€15k▼
Stocks30/36€21k€15k▼
Raw materials and consumables30/31€21k€15k▼
Amounts receivable within one year40/41€2.78M€3.00M▲
Trade receivables40€297k€295k▼
Other amounts receivable41€2.48M€2.70M▲
Cash at bank and in hand54/58€40.53M€41.33M▲
Deferred charges and accrued income490/1€536k€486k▼
Equity and liabilities
Total equity and liabilities10/49€142.40M€147.99M▲
Equity10/15€93.13M€99.93M▲
Contributions10/11€34k€34k=
Reserves13€45.40M€47.31M▲
Non-distributable reserves130/1€35.05M€37.17M▲
Reserves not available under the articles1311€35.05M€37.17M▲
Tax-exempt reserves132€10.35M€10.14M▼
Investment grants15€47.69M€52.58M▲
Provisions and deferred taxes16€5.40M€5.65M▲
Provisions for liabilities and charges160/5€2.62M€2.62M=
Major repairs and maintenance162€2.62M€2.62M=
Deferred taxes168€2.79M€3.03M▲
Amounts payable17/49€43.87M€42.41M▼
Amounts payable after more than one year17€36.77M€34.10M▼
Financial debts170/4€36.77M€34.10M▼
Credit institutions173€36.77M€34.10M▼
Amounts payable within one year42/48€6.71M€8.08M▲
Current portion of amounts payable after more than one year42€3.04M€3.10M▲
Financial debts43€0€0=
Credit institutions430/8€0€0=
Trade debts44€1.17M€2.45M▲
Suppliers440/4€1.17M€2.45M▲
Taxes, remuneration and social security45€804k€856k▲
Taxes450/3€0€134k▲
Remuneration and social security454/9€804k€722k▼
Other amounts payable47/48€1.69M€1.67M▼
Accrued charges and deferred income492/3€388k€233k▼
Income statement
Code20232024
Operating income70/76A€16.68M€17.61M▲
Turnover70€15.44M€16.15M▲
Own construction capitalised72€286k-
Other operating income74€654k€715k▲
Non-recurring operating income76A€297k€741k▲
Operating charges60/66A€16.42M€15.74M▼
Goods for resale, raw materials and consumables60€34k€31k▼
Purchases600/8€35k€25k▼
Change in stocks: decrease (increase)609€-1k€6k▲
Services and other goods61€6.33M€6.83M▲
Remuneration, social security and pensions62€4.31M€4.33M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2.48M€2.62M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€3k€2k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€-140k-
Other operating charges640/8€1.66M€1.71M▲
Non-recurring operating charges66A€1.74M€220k▼
Operating profit (loss)9901€260k€1.86M▲
Financial income75/76B€924k€1.03M▲
Recurring financial income75€924k€1.03M▲
Income from current assets751€97k€231k▲
Other financial income752/9€827k€802k▼
Non-recurring financial income76B-€4
Financial charges65/66B€978k€920k▼
Recurring financial charges65€978k€920k▼
Debt charges650€977k€920k▼
Other financial charges652/9€411€402▼
Profit (loss) for the period before taxes9903€207k€1.98M▲
Transfer from deferred taxes780€40k€40k▲
Income taxes67/77€-11k€108k▲
Taxes670/3€156k€150k▼
Tax adjustments and reversals of tax provisions77€168k€42k▼
Profit (loss) for the period9904€257k€1.91M▲
Transfer from tax-exempt reserves789€210k€210k=
Profit (loss) for the period to be appropriated9905€468k€2.12M▲
Appropriation of the result
Profit (loss) to be appropriated9906€468k€2.12M▲
Transfer to equity691/2€468k€2.12M▲
To other reserves6921€468k€2.12M▲
Social balance
Average headcount (FTE)908764.063.5▼
The notes to these accounts (87 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema
2024
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema
2023
31-12
Financial
Weakest financial yearnet €257k ▼88.2%
Net result drops to €257k, the lowest in the series; recovery starts the following year.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · unclassified schema
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · unclassified schema
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · unclassified schema
2020
11-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 42 days late
2019
31-12
Financial
Highest result since 2018net €2.62M ▲52.8%
Operating result €3.23M, net result €2.62M, both a record.
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
04-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
08-04-2025
Ville de Seraing: Resigned as Director
24-07-2024
BERKOUAT Abdellah: Resigned as Director
24-07-2024
MERCENIER Bastien: Resigned as Director
17-10-2023
Céline LEGA: Resigned as Director
25-08-2022
DELIEGE Christel: Resigned as Director
25-08-2022
Régine BRAL: Resigned as Director
01-05-2022
Franca BERTOCCHI: Resigned as Manager
19-11-2020
Jean MOHYMONT: Resigned as Director
19-11-2020
Roland JEUNEHOMME: Resigned as Director
12-09-2019
Roland JEUNEHOMME: Resigned as Director
06-07-2017
André VERJANS: Resigned as Director
30-06-2016
Antoine DELFOSSE: Resigned as Director
13-07-2015
André Gilles: Resigned as Director
13-07-2015
GERADON Deborah: Resigned as Director
10-06-2011
Arthur CORTIS: Resigned as Director
10-06-2011
Julie FERNANDEZ FERNANDEZ: Resigned as Director
Location & real-estate footprint
Registered office, Seraing · 1 establishment unit since 1968
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.
Place des Verriers 114100 SeraingGround area
1,474 m²
Building footprint
137 m²
Parcel 62353D0286/00C024, Wallonia. Linked by address, not a title deed.
1 establishment unit
Place des Verriers 11, 4100 Seraing
since 19682.228.549.264
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62353D0286/00C024 | Wallonia | 1,474 m² | 1 · 137 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
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LA MAISON LIEGEOISE
BE 0402.416.772
Liège · Eq €104.09M
LeefGoed
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Geel · Eq €92.52M
COMENSIA
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Koekelberg · Eq €91.37M
Of 206 companies in sector 68202 we hold annual accounts for 190. 125 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-01-1968
Fiscal year end31-12
Activities, NACEBEL
68202Real estate activities
70202
70203
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.maisonseresienne.be
E-mail:direction@maisonseresienne.be