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 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
SERSAU from Brussel, company number BE0453006331, closed financial year 2025 with a result of € -24,465 after tax. For that financial year SERSAU recorded a gross margin of € 90,909 and equity of € -601,572. Compared with financial year 2024, the result moved from € -34,070 to € -24,465. 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 August 29, 2026.
€ -601,572
▼ € 24,465 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -24,465
▲ 28 % less loss than in 2024
Profit after tax over the fiscal year.
€ 9,006
▲ 83% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.4 million.
People and assets in 2025
€ 18,731
▼ 8% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.2 million
Loans from banks and other lenders, long and short.
€ 4,957
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 318
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 67,454 | € 85,737 | € 91,221 | € 90,909 | |
| Profit after taxes | € -54,139 | € -38,543 | € -34,070 | € -24,465 | ▲ € 9,605 |
| Equity | € -504,495 | € -543,038 | € -577,108 | € -601,572 | ▼ € 24,465 |
| Total debts | € 2,457,723 | € 2,436,128 | € 2,381,176 | € 2,333,776 | ▼ 2% |
| Cash | € 4,933 | € 7,207 | € 4,931 | € 9,006 | ▲ 83% |
| Land & buildings | € 1,803,153 | € 1,748,668 | € 1,670,858 | € 1,595,754 | ▼ 4% |
| Retained profit | € -1,266,495 | € -1,305,038 | € -1,339,108 | € -1,363,572 | ▼ € 24,465 |
| Bank debt | € 1,176,050 | € 1,176,050 | € 1,176,050 | € 1,176,050 | |
| Balance sheet total | € 1,953,229 | € 1,893,090 | € 1,804,068 | € 1,732,204 | ▼ 4% |
Key figures of SERSAU, 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 SERSAU?
What happened at SERSAU in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- JEAN MASSON MAURICE stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 24,465. filed late Source: NBB ↗
- JEAN MASSON MAURICE became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 54,139 loss in 2022 to € 24,465 loss in 2025.
Paid € 1,144 in corporate taxes since 2022.
A new publication or filing at SERSAU? We notify you, reason included.
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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
It owns 67.3% of Objectif Action itself.
Directors
According to the 2025 annual accounts
JEAN MASSON MAURICE
Managing director
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Louizalaan 449 box B8
1050 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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.
Details
- Company number
- 0453.006.331
- VAT number
- BE 0453.006.331
- Registered office
- Louizalaan 449 bus B8, 1050 Brussel
- Names & denominations
- SERSAU
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 June 1994
- Peppol
- Not registered