Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 16 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
Société d'Etudes et de Réalisations architecturales from Châtelet, company number BE0426631635, closed financial year 2024 with a result of € -18,365 after tax. For that financial year Société d'Etudes et de Réalisations architecturales recorded a gross margin of € -11,973 and equity of € -92,779. Compared with financial year 2023, the result moved from € -20,615 to € -18,365. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 10, 2025.
€ -92,779
▼ € 18,365 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,365
▲ 11 % less loss than in 2023
Profit after tax over the fiscal year.
€ 287
▼ 94% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -231,609.
People and assets in 2024
€ 258
▼ 50% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 35,690
▲ 138% vs 2023
Loans from banks and other lenders, long and short.
€ 20,423
▲ 2% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 1,447
▲ 1% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 57,387 | € 7,200 | € -12,910 | € -11,973 | ▲ € 937 |
| Profit after taxes | € 2,517 | € -6,768 | € -20,615 | € -18,365 | ▲ € 2,250 |
| Equity | € -47,031 | € -53,798 | € -74,414 | € -92,779 | ▼ € 18,365 |
| Total debts | € 171,719 | € 135,744 | € 155,924 | € 160,038 | ▲ 3% |
| Cash | € 11,943 | € 8,522 | € 4,767 | € 287 | ▼ 94% |
| Retained profit | € -185,861 | € -192,628 | € -213,244 | € -231,609 | ▼ € 18,365 |
| Bank debt | € 16,000 | € 5,000 | € 15,000 | € 35,690 | ▲ 138% |
| Balance sheet total | € 124,688 | € 81,946 | € 81,511 | € 67,259 | ▼ 17% |
Key figures of Société d'Etudes et de Réalisations architecturales, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Société d'Etudes et de Réalisations architecturales?
What happened at Société d'Etudes et de Réalisations architecturales in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Cecile Radelet stepped down as director. NBB
- Paul Sedyn stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 18,365. filed late Source: NBB ↗
- Cecile Radelet became a director. NBB
- Paul Sedyn became a director. NBB
- New establishment in Linkebeek. KBO
- New establishment in Ukkel. KBO
- New establishment in Châtelet. KBO
In short
From € 2,517 profit in 2021 to € 18,365 loss in 2024.
Paid € 864 in corporate taxes since 2021.
Best year ever: 2021, with € 2,517 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2024 annual accounts
Cecile Radelet
Director
since 2023 · until 2029
Paul Sedyn
Managing director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Rue Blanche Borne 102
6200 Châtelet
Hollebeekstraat 54
1630 Linkebeek
Active since 1 January 1985
Edith Cavellstraat 34
1180 Ukkel
Active since 1 January 1985
Rue de la Blanche Borne 102
6200 Châtelet
Active since 1 January 1985
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0426.631.635
- VAT number
- BE 0426.631.635
- Registered office
- Rue Blanche Borne 102, 6200 Châtelet
- Names & denominations
- Société d'Etudes et de Réalisations architecturales · S.E.R.A.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 December 1984
- Peppol
- Active · Active since 16 Mar 2026
- Activities · NACE
Landschapsverzorging
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde werkzaamheden in de bouw
Overige gespecialiseerde bouwwerkzaamheden