SERCK
0405.705.864 · rovalta.com · 22/09/2026
ACTIVE
SERCK
Financial year 2025 · closed on 31/12/2025
Net result
337 k €
-79.4% YoY
Gross margin
656,1 k €
-76.8% YoY
Equity
878 k €
+62.3% YoY
Workforce
2,1 ETP
-79.4% YoY
Overview
What does SERCK do?
SERCK is a Public limited company incorporated in 1936. Its main activity is: Construction of buildings. Its registered office is in Merelbeke-Melle. It employs on average 2,1 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0405.705.864
Incorporation
04/12/1936
Legal form
Public limited company
Registered office
Driesstraat 79 box 101
9090 Merelbeke-Melle · FlandreSee on map
9090 Merelbeke-Melle · FlandreSee on map
Contributed capital
446 208,34 €
Latest accounts
31/12/2025
Average workforce
2,1 ETP
Activities (NACE)
Joint committees (3)
- 124
- 200
- 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | 656,1 k € | -76.8% | 2,8 M € | -35.4% | 4,4 M € | +195% | 1,5 M € | +68.0% | 885,9 k € | -16.5% | 1,1 M € | +28.3% | 827 k € | +2.4% | 807,3 k € | -7.0% | 867,8 k € | -54.8% | 1,9 M € | – | – | – | – | – | – | – | – | – | – | ||||||||||
| EBITDA | 490,8 k € | -75.2% | 2 M € | -16.7% | 2,4 M € | +382% | 493,7 k € | +569% | 73,8 k € | -42.8% | 129,2 k € | +6.0% | 121,8 k € | -61.5% | 316,4 k € | +27.9% | 247,4 k € | -46.4% | 461,3 k € | +434% | 86,4 k € | +1984% | 4,1 k € | -92.7% | 57,1 k € | -74.5% | 223,7 k € | +25.2% | 178,6 k € | -34.6% | 273,3 k € | +89.1% | 144,5 k € | -72.9% | 533,3 k € | +3.5% | 515,3 k € | +37.3% | 375,3 k € |
| Operating result | 445,4 k € | -80.1% | 2,2 M € | -3.7% | 2,3 M € | +457% | 418 k € | +6139% | 6,7 k € | -88.9% | 60,5 k € | +11.2% | 54,4 k € | +191% | -59,6 k € | -140% | 147,4 k € | -63.3% | 402 k € | +612% | 56,4 k € | +249% | -37,8 k € | -619% | 7,3 k € | -96.0% | 182 k € | +98.3% | 91,8 k € | -41.0% | 155,5 k € | +828% | -21,3 k € | -105% | 401,8 k € | -0.4% | 403,3 k € | +63.4% | 246,9 k € |
| Net result | 337 k € | -79.4% | 1,6 M € | -4.4% | 1,7 M € | +480% | 295,4 k € | +892% | 29,8 k € | -32.7% | 44,3 k € | -22.6% | 57,2 k € | +256% | -36,7 k € | -135% | 106,2 k € | -67.3% | 324,3 k € | +2206% | 14,1 k € | +139% | -36,5 k € | -358% | 14,1 k € | -93.0% | 203,2 k € | +96.6% | 103,3 k € | -23.3% | 134,8 k € | +453% | 24,4 k € | -95.1% | 500,4 k € | +15.7% | 432,5 k € | +63.8% | 264 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 878 k € | +62.3% | 540,9 k € | 0.0% | 540,9 k € | -38.3% | 876,2 k € | -25.8% | 1,2 M € | +2.6% | 1,2 M € | +4.0% | 1,1 M € | +5.4% | 1 M € | -3.4% | 1,1 M € | -39.3% | 1,8 M € | +14.0% | 1,6 M € | +0.9% | 1,6 M € | -2.3% | 1,6 M € | +0.9% | 1,6 M € | +3.1% | 1,5 M € | +3.3% | 1,5 M € | +5.7% | 1,4 M € | +1.8% | 1,4 M € | +7.4% | 1,3 M € | +13.0% | 1,1 M € |
| Total assets | 2,2 M € | -48.6% | 4,3 M € | -22.4% | 5,5 M € | +5.1% | 5,2 M € | -26.6% | 7,1 M € | +35.0% | 5,3 M € | +6.8% | 4,9 M € | -13.1% | 5,7 M € | +4.8% | 5,4 M € | +25.2% | 4,3 M € | -2.1% | 4,4 M € | -28.1% | 6,2 M € | -40.6% | 10,4 M € | -21.3% | 13,2 M € | +45.9% | 9 M € | -2.4% | 9,2 M € | -47.9% | 17,7 M € | +40.1% | 12,7 M € | -18.5% | 15,5 M € | +37.0% | 11,3 M € |
| Cash | 850,6 k € | -58.0% | 2 M € | +19.7% | 1,7 M € | +57.7% | 1,1 M € | +50.6% | 712 k € | +15.4% | 616,8 k € | -16.5% | 739 k € | +6.1% | 696,2 k € | -44.8% | 1,3 M € | -35.7% | 2 M € | +37.0% | 1,4 M € | -27.7% | 2 M € | -12.0% | 2,3 M € | +1.1% | 2,2 M € | +16.1% | 1,9 M € | -16.8% | 2,3 M € | -2.1% | 2,4 M € | +194% | 800,5 k € | +69.8% | 471,4 k € | -11.5% | 532,6 k € |
| Debts | 308,9 k € | -89.0% | 2,8 M € | -23.9% | 3,7 M € | +19.6% | 3,1 M € | -34.0% | 4,7 M € | +63.5% | 2,9 M € | +11.5% | 2,6 M € | -23.7% | 3,4 M € | +18.9% | 2,8 M € | +186% | 991 k € | -47.0% | 1,9 M € | -50.2% | 3,8 M € | -52.6% | 7,9 M € | -25.7% | 10,7 M € | +62.5% | 6,6 M € | -4.5% | 6,9 M € | -55.6% | 15,5 M € | +48.0% | 10,4 M € | -22.4% | 13,5 M € | +44.0% | 9,3 M € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | 2,1 ETP | -79.4% | 10,2 ETP | -30.1% | 14,6 ETP | -5.2% | 15,4 ETP | -9.9% | 17,1 ETP | +3.0% | 16,6 ETP | +50.9% | 11,0 ETP | -9.8% | 12,2 ETP | +20.8% | 10,1 ETP | -31.3% | 14,7 ETP | -5.8% | 15,6 ETP | -22.8% | 20,2 ETP | -41.1% | 34,3 ETP | -22.2% | 44,1 ETP | +1.1% | 43,6 ETP | +5.1% | 41,5 ETP | -18.6% | 51,0 ETP | +2.4% | 49,8 ETP | -0.2% | 49,9 ETP | -8.8% | 54,7 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 5 M€ and 10 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 24 ended
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
Els Schepens● Active | 0847.395.067 |
SERINVEST● Active | 0436.420.123 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 30/06/2026 | 18/08/2025 | 31/07/2024 | 31/07/2023 | 13/07/2022 | 31/08/2021 |
| General meeting | 07/05/2026 | 02/05/2025 | 02/05/2024 | 04/05/2023 | 05/05/2022 | 06/05/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 07/05/2026 | 30/06/2026 | Dutch | |
| Abridged model | 31/12/2024 | 02/05/2025 | 18/08/2025 | Dutch | |
| Abridged model | 31/12/2023 | 02/05/2024 | 31/07/2024 | Dutch | |
| Abridged model | 31/12/2022 | 04/05/2023 | 31/07/2023 | Dutch | |
| Abridged model | 31/12/2021 | 05/05/2022 | 13/07/2022 | Dutch | |
| Abridged model | 31/12/2020 | 06/05/2021 | 31/08/2021 | Dutch | |
| Abridged model | 31/12/2019 | 09/07/2020 | 27/08/2020 | Dutch | |
| Abridged model | 31/12/2018 | 02/05/2019 | 31/07/2019 | Dutch | |
| Abridged model | 31/12/2017 | 03/05/2018 | 01/06/2018 | Dutch | |
| Abridged model | 31/12/2016 | 04/05/2017 | 19/05/2017 | Dutch | |
| Full model | 31/12/2015 | 09/05/2016 | 02/06/2016 | Dutch | |
| Full model | 31/12/2014 | 07/05/2015 | 22/06/2015 | Dutch | |
| Full model | 31/12/2013 | 05/05/2014 | 21/05/2014 | Dutch | |
| Full model | 31/12/2012 | 02/05/2013 | 15/05/2013 | Dutch | |
| Full model | 31/12/2011 | 03/05/2012 | 11/05/2012 | Dutch | |
| Full model | 31/12/2010 | 05/05/2011 | 12/05/2011 | Dutch | |
| Full model | 31/12/2009 | 06/05/2010 | 21/05/2010 | Dutch | |
| Full model | 31/12/2008 | 07/05/2009 | 20/05/2009 | Dutch | |
| Full model | 31/12/2007 | 08/05/2008 | 21/05/2008 | Dutch | |
| Full model | 31/12/2006 | 03/05/2007 | 10/05/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 5 M€ and 10 M€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 24 ended
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates23/12/2024ONTSLAGEN - BENOEMINGEN
- Mandates03/12/2024MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
- Other19/09/2023STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates18/08/2023ONTSLAGEN - BENOEMINGEN
- Mandates04/10/2022ONTSLAGEN - BENOEMINGEN
- Mandates08/10/2020ONTSLAGEN - BENOEMINGEN
- Mandates29/06/2018ONTSLAGEN - BENOEMINGEN
- Mandates06/10/2017ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025337 k €↓
- 2024Annual accounts 20241,6 M €↓
- 2023Annual accounts 20231,7 M €↑
- 2022Annual accounts 2022295,4 k €↑
- 2021Annual accounts 202129,8 k €↓
- 2020Annual accounts 202044,3 k €↓
- 2019Annual accounts 201957,2 k €↑
- 2018Annual accounts 2018-36,7 k €↓
- 2017Annual accounts 2017106,2 k €↓
- 2016Annual accounts 2016324,3 k €↑
- 2015Annual accounts 201514,1 k €↑
- 2014Annual accounts 2014-36,5 k €↓
- 2013Annual accounts 201314,1 k €↓
- 2012Annual accounts 2012203,2 k €↑
- 2011Annual accounts 2011103,3 k €↓
- 2010Annual accounts 2010134,8 k €↑
- 2009Annual accounts 200924,4 k €↓
- 2008Annual accounts 2008500,4 k €↑
- 2007Annual accounts 2007432,5 k €↑
- 2006Annual accounts 2006264 k €
- 04/12/1936IncorporationPublic limited company