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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Tight liquidity NBB
Cash and receivables cover 35 % 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
SERDAM from Raeren, company number BE0846228988, closed financial year 2025 with a result of € -6,919 after tax. For that financial year SERDAM recorded a gross margin of € -5,875 and equity of € 5.8 million. Compared with financial year 2024, the result moved from € 1.5 million to € -6,919. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 18, 2026.
€ 5.8 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,919
▼ still € 1.5 million profit in 2024
Profit after tax over the fiscal year.
€ 86,167
▼ 5% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 3 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 26
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -5,149 | € -6,749 | € -5,697 | € -5,875 | ▼ € 177 |
| Profit after taxes | € -65,842 | € -68,229 | € 1,507,127 | € -6,919 | ▼ € 1.5 million |
| Equity | € 4,371,718 | € 4,303,489 | € 5,810,617 | € 5,803,697 | |
| Total debts | € 2,472,600 | € 2,510,132 | € 1,013,297 | € 1,013,369 | |
| Cash | € 316,608 | € 294,106 | € 90,254 | € 86,167 | ▼ 5% |
| Land & buildings | € 38,429 | € 30,235 | € 22,040 | € 13,845 | ▼ 37% |
| Retained profit | € 1,615,018 | € 1,546,789 | € 3,053,917 | € 3,046,997 | |
| Balance sheet total | € 6,844,318 | € 6,813,621 | € 6,823,913 | € 6,817,066 |
Key figures of SERDAM, 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 SERDAM?
What happened at SERDAM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,919 (▼ € 1.5 million vs 2024). Source: NBB ↗
- New establishment in Raeren. KBO
- Daniela MACKELS became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 65,842 loss in 2022 to € 6,919 loss in 2025.
Best year ever: 2024, with € 1.5 million profit.
Management
Behind SERDAM is Daniela MACKELS. It owns 100% of IMMOMEDA GmbH and 99.8% of MASCHA AG itself.
Directors
According to the 2025 annual accounts
since 2012
Establishments
Establishment units
Physical locations of this company
Eupener Strasse 37/A
4731 Raeren
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0846.228.988
- VAT number
- BE 0846.228.988
- Registered office
- Eupener Strasse 37/A, 4731 Raeren
- Names & denominations
- SERDAM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 May 2012
- Peppol
- Not registered