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 12 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
Dr. P. SERRY, N.K.O. from Torhout, company number BE0893412065, closed financial year 2024 with a result of € 227,010 after tax. For that financial year Dr. P. SERRY, N.K.O. recorded a gross margin of € 455,147 and equity of € 1.4 million. Compared with financial year 2023, the result moved from € 213,403 to € 227,010. 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 August 28, 2025.
€ 1.4 million
▲ 4% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 227,010
▲ 6% vs 2023
Profit after tax over the fiscal year.
€ 16,690
▼ 30% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 175,000 paid out
77 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2024
€ 4,815
▲ 148% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 189,735
▲ 23% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 455,569
▲ 5% vs 2023
€ 46,033 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 5,206
▼ 88% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 6,896
▼ 18% 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 | € 337,682 | € 267,844 | € 417,571 | € 455,147 | ▲ 9% |
| Profit after taxes | € 209,123 | € 162,300 | € 213,403 | € 227,010 | ▲ 6% |
| Equity | € 1,052,565 | € 1,096,628 | € 1,310,030 | € 1,362,040 | ▲ 4% |
| Total debts | € 81,135 | € 8,879 | € 483,391 | € 546,908 | ▲ 13% |
| Cash | € 49,654 | € 33,319 | € 23,783 | € 16,690 | ▼ 30% |
| Land & buildings | € 25,271 | € 67,201 | € 487,088 | € 728,527 | ▲ 50% |
| Retained profit | € 1,033,965 | € 1,078,028 | € 1,291,430 | € 1,343,440 | ▲ 4% |
| Dividend | € 91,402 | € 118,237 | € 0 | € 175,000 | |
| Bank debt | € 0 | € 0 | € 432,506 | € 455,569 | ▲ 5% |
| Balance sheet total | € 1,133,700 | € 1,105,507 | € 1,793,421 | € 1,908,949 | ▲ 6% |
Key figures of Dr. P. SERRY, N.K.O., 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 Dr. P. SERRY, N.K.O.?
What happened at Dr. P. SERRY, N.K.O. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 227,010 (▲ 6% vs 2023). filed late Source: NBB ↗
- New establishment in Torhout. KBO
- Start of the company according to the CBE. KBO
- Paul Serry became a director. NBB
In short
From € 209,123 profit in 2021 to € 227,010 profit in 2024.
Paid € 413,030 in corporate taxes since 2021.
Best year ever: 2024, with € 227,010 profit.
Paid out € 384,639 in dividends to the owners in total.
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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
Behind Dr. P. SERRY, N.K.O. is Paul Serry.
Directors
According to the 2024 annual accounts
Paul Serry
Manager
since 2007
Establishments
Establishment units
Physical locations of this company
Karel de Ghelderelaan 4
8820 Torhout
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.
Details
- Company number
- 0893.412.065
- VAT number
- BE 0893.412.065
- Registered office
- Karel de Ghelderelaan 4, 8820 Torhout
- Names & denominations
- Dr. P. SERRY, N.K.O.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 November 2007
- Peppol
- Active · Active since 13 Feb 2026
- Activities · NACE
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