SERQUAL
0811.837.936 · rovalta.com · 23/09/2026
ACTIVE
SERQUAL
Financial year 2025 · closed on 31/12/2025
Net result
95,1 k €
+12.2% YoY
Revenue
4,6 M €
-3.3% YoY
Equity
-264,3 k €
+26.5% YoY
Workforce
8,9 ETP
-1.1% YoY
Overview
What does SERQUAL do?
SERQUAL is a Public limited company incorporated in 2009. Its main activity is: Retail sale in non-specialised stores with food, beverages or tobacco predominating. Its registered office is in Sprimont. It employs on average 8,9 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0811.837.936
Incorporation
20/05/2009
Legal form
Public limited company
Registered office
Rue du Centre 8
4140 Sprimont · WallonieSee on map
4140 Sprimont · WallonieSee on map
Contributed capital
100 000,00 €
Latest accounts
31/12/2025
Average workforce
8,9 ETP
Activities (NACE)
Joint committees (2)
- 201
- 202
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 16 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||
| Revenue | 4,6 M € | -3.3% | 4,7 M € | +14.7% | 4,1 M € | – | – | – | – | – | – | – | – | – | – | – | – | – | |||||||||||||
| EBITDA | 245,6 k € | +1.5% | 242,1 k € | +615% | -47 k € | +75.4% | -190,8 k € | -139% | -79,8 k € | -291% | 41,8 k € | -21.9% | 53,5 k € | -36.9% | 84,8 k € | +9.6% | 77,4 k € | +3.2% | 75 k € | +23.7% | 60,6 k € | -30.5% | 87,2 k € | -33.8% | 131,7 k € | -5.7% | 139,6 k € | +40.0% | 99,7 k € | +169% | -144,4 k € |
| Operating result | 148 k € | +1.5% | 145,7 k € | +211% | -131,8 k € | +37.1% | -209,6 k € | -119% | -95,7 k € | -480% | 25,2 k € | +47.5% | 17,1 k € | +8.6% | 15,7 k € | +39.7% | 11,3 k € | -23.4% | 14,7 k € | +287% | 3,8 k € | -87.4% | 30,1 k € | -51.0% | 61,4 k € | -31.4% | 89,5 k € | +84.8% | 48,4 k € | +123% | -212,7 k € |
| Net result | 95,1 k € | +12.2% | 84,7 k € | +146% | -185,7 k € | +15.2% | -219,1 k € | -116% | -101,3 k € | -835% | 13,8 k € | +74.3% | 7,9 k € | -8.0% | 8,6 k € | +108% | 4,1 k € | +116% | -26,1 k € | -314% | 12,2 k € | -40.1% | 20,3 k € | -57.4% | 47,8 k € | -31.1% | 69,3 k € | +129% | 30,3 k € | +113% | -226,3 k € |
| Balance sheet | |||||||||||||||||||||||||||||||
| Equity | -264,3 k € | +26.5% | -359,3 k € | +19.1% | -444,1 k € | -71.9% | -258,4 k € | -558% | -39,2 k € | -163% | 62,1 k € | +28.6% | 48,3 k € | +19.6% | 40,4 k € | +27.1% | 31,8 k € | +15.0% | 27,6 k € | -48.5% | 53,7 k € | +29.4% | 41,5 k € | +96.1% | 21,2 k € | +180% | -26,6 k € | +72.3% | -95,9 k € | +24.0% | -126,3 k € |
| Total assets | 1,1 M € | -5.4% | 1,2 M € | -6.0% | 1,2 M € | +125% | 549,6 k € | +63.3% | 336,5 k € | -23.5% | 439,8 k € | -6.0% | 467,9 k € | -9.4% | 516,2 k € | -16.0% | 614,6 k € | +22.8% | 500,7 k € | -15.5% | 592,4 k € | -2.5% | 607,7 k € | -3.3% | 628,2 k € | -3.4% | 650,5 k € | +1.4% | 641,8 k € | +0.2% | 640,8 k € |
| Cash | 212,4 k € | +34.8% | 157,5 k € | +31.1% | 120,1 k € | -20.5% | 151,1 k € | +302% | 37,6 k € | -30.2% | 53,9 k € | -8.8% | 59,1 k € | -1.0% | 59,7 k € | -18.4% | 73,1 k € | +31.2% | 55,7 k € | +14.5% | 48,7 k € | -24.9% | 64,9 k € | +13.4% | 57,2 k € | -27.3% | 78,7 k € | -1.4% | 79,8 k € | +52.2% | 52,5 k € |
| Debts | 1,4 M € | -10.4% | 1,5 M € | -9.3% | 1,7 M € | +108% | 807,9 k € | +125% | 358,6 k € | -2.6% | 368,3 k € | -11.7% | 417,1 k € | -11.5% | 471,4 k € | -18.3% | 577,3 k € | +22.3% | 471,9 k € | -11.6% | 533,6 k € | -4.9% | 561,1 k € | -6.8% | 601,9 k € | -10.4% | 671,5 k € | -8.3% | 732,3 k € | -4.5% | 767 k € |
| Other | |||||||||||||||||||||||||||||||
| Workforce | 8,9 ETP | -1.1% | 9,0 ETP | +13.9% | 7,9 ETP | -21.8% | 10,1 ETP | -30.8% | 14,6 ETP | +31.5% | 11,1 ETP | -8.3% | 12,1 ETP | +2.5% | 11,8 ETP | -7.8% | 12,8 ETP | +32.0% | 9,7 ETP | -4.0% | 10,1 ETP | -1.0% | 10,2 ETP | -17.7% | 12,4 ETP | +7.8% | 11,5 ETP | 0.0% | 11,5 ETP | +76.9% | 6,5 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 250 k€ and 500 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 31 ended
Active mandates
Active
Active
Ended mandates
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 | 11/07/2026 | 11/07/2025 | 10/07/2024 | 11/07/2023 | 22/06/2022 | 31/08/2021 |
| General meeting | 30/06/2026 | 30/06/2025 | 28/06/2024 | 30/06/2023 | 30/05/2022 | 02/06/2021 |
| 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
17 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 30/06/2026 | 11/07/2026 | French | |
| Abridged model | 31/12/2024 | 30/06/2025 | 11/07/2025 | French | |
| Abridged model | 31/12/2023 | 28/06/2024 | 10/07/2024 | French | |
| Abridged modelCorrection | 31/12/2022 | 30/06/2023 | 11/07/2023 | French | |
| Abridged model | 31/12/2022 | 30/06/2023 | 06/07/2023 | French | |
| Abridged model | 31/12/2021 | 30/05/2022 | 22/06/2022 | French | |
| Abridged model | 31/12/2020 | 02/06/2021 | 31/08/2021 | French | |
| Abridged model | 31/12/2019 | 03/06/2020 | 28/09/2020 | French | |
| Abridged model | 31/12/2018 | 05/06/2019 | 30/08/2019 | French | |
| Abridged model | 31/12/2017 | 06/06/2018 | 16/08/2018 | French | |
| Abridged model | 31/12/2016 | 07/06/2017 | 31/08/2017 | French | |
| Abridged model | 31/12/2015 | 01/06/2016 | 30/08/2016 | French | |
| Abridged model | 31/12/2014 | 03/06/2015 | 25/08/2015 | French | |
| Abridged model | 31/12/2013 | 04/06/2014 | 29/09/2014 | French | |
| Abridged model | 31/08/2012 | 22/02/2013 | 20/03/2013 | French | |
| Abridged model | 31/08/2011 | 24/02/2012 | 18/05/2012 | French | |
| Abridged model | 31/08/2010 | 25/02/2011 | 03/03/2011 | French |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 250 k€ and 500 k€
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 · 2 active · 31 ended
Active mandates
Active
Active
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates18/12/2025DEMISSIONS, NOMINATIONS
- Other02/02/2024STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS - ASSEMBLEE GENERALE
- Mandates19/04/2023DEMISSIONS, NOMINATIONS
- Mandates05/01/2023DEMISSIONS, NOMINATIONS
- Mandates04/07/2022SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
- Mandates30/11/2018DEMISSIONS, NOMINATIONS
- Mandates06/10/2015DEMISSIONS, NOMINATIONS
- Other02/05/2013ANNEE COMPTABLE
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 202595,1 k €↑
- 2024Annual accounts 202484,7 k €↑
- 2023Annual accounts 2023-185,7 k €↑
- 2022Annual accounts 2022-219,1 k €↓
- 2021Annual accounts 2021-101,3 k €↓
- 2020Annual accounts 202013,8 k €↑
- 2019Annual accounts 20197,9 k €↓
- 2018Annual accounts 20188,6 k €↑
- 2017Annual accounts 20174,1 k €↑
- 2016Annual accounts 2016-26,1 k €↓
- 2015Annual accounts 201512,2 k €↓
- 2014Annual accounts 201420,3 k €↓
- 2013Annual accounts 201347,8 k €↓
- 2012Annual accounts 201269,3 k €↑
- 2011Annual accounts 201130,3 k €↑
- 2010Annual accounts 2010-226,3 k €
- 20/05/2009IncorporationPublic limited company