Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 23.5 to 17.
Financials
Financial year 2025
EURO - SERRE from Genk, company number BE0418909346, closed financial year 2025 with a result of € 434,218 after tax. For that financial year EURO - SERRE recorded a gross margin of € 2 million and equity of € 4.5 million. Compared with financial year 2024, the result moved from € -522,069 to € 434,218. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 5, 2026.
€ 4.5 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 434,218
▲ still € 522,069 loss in 2024
Profit after tax over the fiscal year.
€ 1.4 million
▲ 23% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 225,000 paid out
52 % of the profit went to the shareholders, mostly to LEMINVEST (100 % of the shares). That is where the money ends up.
People and assets in 2025
17
▼ 3.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
▼ 9% vs 2024
€ 71,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 128,329
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 175,299
▼ 49% vs 2024
€ 116,855 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 334,728
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 147,541
▼ 29% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,051,885 | € 1,090,474 | € 1,188,854 | € 1,997,516 | ▲ 68% |
| Profit after taxes | € 1,064,935 | € -529,641 | € -522,069 | € 434,218 | ▲ € 956,286 |
| Equity | € 5,951,650 | € 4,777,009 | € 4,254,940 | € 4,464,157 | ▲ 5% |
| Total debts | € 1,809,946 | € 2,231,066 | € 1,653,134 | € 1,415,066 | ▼ 14% |
| Cash | € 2,124,336 | € 1,805,362 | € 1,162,947 | € 1,429,870 | ▲ 23% |
| Land & buildings | € 1,297,019 | € 1,170,954 | € 1,067,734 | € 934,540 | ▼ 12% |
| Retained profit | € 5,876,650 | € 4,702,009 | € 4,179,940 | € 4,389,157 | ▲ 5% |
| Dividend | € 250,000 | € 645,000 | € 0 | € 225,000 | |
| Bank debt | € 526,058 | € 508,164 | € 340,805 | € 175,299 | ▼ 49% |
| Balance sheet total | € 7,819,273 | € 7,053,620 | € 5,941,486 | € 5,900,502 | ▼ 1% |
| Employees (FTE) | 25.4 | 23.5 | 20.7 | 17 | ▼ 3.7 |
Key figures of EURO - SERRE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to EURO - SERRE?
What happened at EURO - SERRE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 434,218. Source: NBB ↗
- Lisette Gijsen stepped down as director. NBB
- Robert Lemmens stepped down as director. NBB
- LEMINVEST NV became a director. NBB
- New establishment in Genk. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.1 million profit in 2022 to € 434,218 profit in 2025.
Paid € 355,114 in corporate taxes since 2022.
Best year ever: 2022, with € 1.1 million profit.
On average € 117,500 of value added per employee in 2025.
Management
The stake of LEMINVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
EURO - SERREBehind EURO - SERRE is LEMINVEST NV. The shares are held by LEMINVEST (100%).
Directors
According to the 2025 annual accounts
Director · represented by Stijn LEMMENS
since 2020
Lisette Gijsen
Director
· until 2025
Robert Lemmens
Director
· until 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Geleenlaan 1
3600 Genk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
LEVEL27-AS * Please direct all complaints to [email protected] *, BE
Domain
Domain
euroserre.com
Registered
1998-10-22
Registrar
One.com A/S
Expires
2026-10-21
Website info
Features
Security
Network
Details
- Company number
- 0418.909.346
- VAT number
- BE 0418.909.346
- Registered office
- Geleenlaan 1, 3600 Genk
- Names & denominations
- EURO - SERRE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 November 1978
- Peppol
- Active · Active since 19 Mar 2025
- Contact
- euroserre.com
- Activities · NACE
Vervaardiging van metalen constructiewerken en delen daarvan
Schrijnwerk
Detailhandel in ijzerwaren en gereedschappen
Overige gespecialiseerde bouwactiviteiten, neg
Detailhandel in houten bouw- en tuinmaterialen
Overige gespecialiseerde bouwwerkzaamheden