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 124.3 to 101.5.
Financials
Financial year 2025
Serco Maritime Services from Oostende, company number BE0445030357, closed financial year 2025 with a result of € 1.3 million after tax. For that financial year Serco Maritime Services recorded revenue of € 11.8 million and equity of € 782,154. Compared with financial year 2024, the result moved from € 252,313 to € 1.3 million. Profitable, and profit is growing. The buffer shrank hard: equity is 55 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 782,154
▼ 55% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.3 million
▲ € 1.1 million vs 2024
Profit after tax over the fiscal year.
€ 468,804
▼ 40% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2.3 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
101.5
▼ 15.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 7.7 million
▼ 8% vs 2024
€ 75,900 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.
€ 2,037
▼ 6% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1.1 million
▲ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 167 days on average.
€ 1.2 million
▼ 17% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 9,780,163 | € 10,226,167 | € 10,673,585 | € 11,763,474 | ▲ 10% |
| Profit after taxes | € 73,677 | € 90,475 | € 252,313 | € 1,330,174 | ▲ € 1.1 million |
| Equity | € 1,409,192 | € 1,499,667 | € 1,751,980 | € 782,154 | ▼ 55% |
| Total debts | € 5,709,180 | € 5,610,410 | € 2,378,306 | € 6,881,455 | ▲ 189% |
| Cash | € 680,105 | € 657,609 | € 779,161 | € 468,804 | ▼ 40% |
| Retained profit | € 1,284,192 | € 1,374,667 | € 1,626,980 | € 657,154 | ▼ 60% |
| Dividend | € 3,700,000 | € 0 | € 0 | € 2,300,000 | |
| Balance sheet total | € 7,142,859 | € 7,127,694 | € 4,139,958 | € 7,664,335 | ▲ 85% |
| Employees (FTE) | 125.4 | 124.3 | 117.3 | 101.5 | ▼ 15.8 |
Key figures of Serco Maritime Services, 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 Serco Maritime Services?
What happened at Serco Maritime Services in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Stéphane Verdoy stepped down as director. NBB
- Benny Blondé stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.3 million (▲ € 1.1 million vs 2024). filed late Source: NBB ↗
- Michel Magonette stepped down as director. NBB
- Stéphane Verdoy became a director. NBB
- Benny Blondé became a director. NBB
- Michel Magonette became a director. NBB
- New establishment in Oostende. KBO
In short
From € 73,677 profit in 2022 to € 1.3 million profit in 2025.
Paid € 828,092 in corporate taxes since 2022.
Best year ever: 2025, with € 1.3 million profit.
Paid out € 6 million in dividends to the owners in total.
Management
The stake of Serco Defence comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Serco Maritime ServicesThe shares are held by Serco Defence (100%).
Directors
According to the 2025 annual accounts
since 2024 · until 2030
since 2021 · until 2026
Benny Blondé
Managing director
since 2023 · until 2030
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Sint-Sebastiaansstraat 5
8400 Oostende
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
SAFENAMES-AS, GB
Domain
Domain
clemaco.com
Registered
2001-06-05
Registrar
SafeNames Ltd.
Expires
2026-06-05
Website info
Features
Security
Details
- Company number
- 0445.030.357
- VAT number
- BE 0445.030.357
- Registered office
- Sint-Sebastiaansstraat 5, 8400 Oostende
- Names & denominations
- Serco Maritime Services
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 September 1991
- Peppol
- Active · Active since 2 Jan 2026
- Contact
- clemaco.com
- Activities · NACE
Bouw en reparatie van schepen
Reparatie en onderhoud van civiele schepen
Overige gespecialiseerde werkzaamheden in de bouw
Overige reiniging van gebouwen; industriële reiniging
Overige gespecialiseerde bouwactiviteiten, neg
Industriële reiniging
Overige gespecialiseerde bouwwerkzaamheden