SERVI-CODE
ActiveSummary
SERVI-CODE has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €530k and a net result of €25k. Equity is growing by ~3.3% per year across the filed fiscal years. Its solvency ranks better than 46% of 928 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability42▲+1
Solvency66▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity short (current ratio 0.35 against 0.4 in 2024; short-term debt: 48.1% and cash: 2.7% of total assets), and 59.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
40.7%
Return on assets
1.9%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
2 d late
2024
27 d late
2023
2 d late
2022
7 d early
2021
3 d early
2020
4 d late
2019
13 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€25k▼ 4.6%
2024 · €26k
2019: €-2k
2020: €-6k▼ -200% vs 2019lowest in 7 years
2021: €5k▲ +176% vs 2020
2022: €3k▼ -31.1% vs 2021
2023: €27k▲ +762% vs 2022highest in 7 years
2024: €26k▼ -3.3% vs 2023
2025: €25k▼ -4.6% vs 2024
2019 → 2025
Working capital
€-410k▲ 3.3%
2024 · €-424k
2019: €-333k
2020: €-303k▲ +9.1% vs 2019
2021: €-187k▲ +38.3% vs 2020highest in 7 years
2022: €-214k▼ -14.5% vs 2021
2023: €-440k▼ -105% vs 2022lowest in 7 years
2024: €-424k▲ +3.5% vs 2023
2025: €-410k▲ +3.3% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€449k-€452k▲ 0.7%€479k▲ 6.0%€505k▲ 5.4%€530k▲ 4.9%
2021: €449klowest in 5 years
2022: €452k▲ +0.7% vs 2021
2023: €479k▲ +6.0% vs 2022
2024: €505k▲ +5.4% vs 2023
2025: €530k▲ +4.9% vs 2024highest in 5 years
Operating result€37k-€31k▼ 17.3%€63k▲ 105%€56k▼ 11.1%€55k▼ 1.4%
2021: €37k
2022: €31k▼ -17.3% vs 2021lowest in 5 years
2023: €63k▲ +105% vs 2022highest in 5 years
2024: €56k▼ -11.1% vs 2023
2025: €55k▼ -1.4% vs 2024
Net result€5k-€3k▼ 31.1%€27k▲ 762%€26k▼ 3.3%€25k▼ 4.6%
2021: €5k
2022: €3k▼ -31.1% vs 2021lowest in 5 years
2023: €27k▲ +762% vs 2022highest in 5 years
2024: €26k▼ -3.3% vs 2023
2025: €25k▼ -4.6% vs 2024
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.30M
Fixed assets
€1.09M ▼ 2.1%
Current assets
€217k ▼ 22.5%
Equity and liabilities €1.30M
Equity
€530k ▲ 4.9%
Provisions
€2k ▼ 33.9%
Debt
€770k ▼ 12.5%
Debt's share of the balance-sheet total falls from 63.4% to 59.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€78k▼
2024 · €80k
Cash flow
€48k▼
2024 · €50k
Current ratio
0.35▼
2024 · 0.40
Debt to equity
1.45▼
2024 · 1.74
ROE
4.7%▼
2024 · 5.2%
ROA
1.9%▲
2024 · 1.9%
Interest coverage
2.53▲
2024 · 2.34
Debt ≤ 1 year
€627k▼
2024 · €704k
Debt > 1 year
€117k▼
2024 · €148k
Income taxes
€9k▲
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 58 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.39M€1.30M▼
Fixed assets21/28€1.11M€1.09M▼
Tangible fixed assets22/27€183k€160k▼
Land and buildings22€176k€159k▼
Leasing and similar rights25€7k€801▼
Financial fixed assets28€925k€925k=
Current assets29/58€279k€217k▼
Amounts receivable within one year40/41€251k€173k▼
Trade receivables40€28k€25k▼
Other amounts receivable41€223k€148k▼
Cash at bank and in hand54/58€18k€35k▲
Deferred charges and accrued income490/1€11k€9k▼
Equity and liabilities
Total equity and liabilities10/49€1.39M€1.30M▼
Equity10/15€505k€530k▲
Contributions10/11€153k€153k=
Capital10€153k€153k=
Issued capital100€153k€153k=
Reserves13€352k€377k▲
Non-distributable reserves130/1€6k€7k▲
Legal reserve130€6k€7k▲
Tax-exempt reserves132€5k€3k▼
Distributable reserves133€341k€367k▲
Profit (loss) carried forward14€0-
Provisions and deferred taxes16€2k€2k▼
Deferred taxes168€2k€2k▼
Amounts payable17/49€880k€770k▼
Amounts payable after more than one year17€148k€117k▼
Financial debts170/4€148k€117k▼
Amounts payable within one year42/48€704k€627k▼
Current portion of amounts payable after more than one year42€35k€30k▼
Trade debts44€6k€778▼
Suppliers440/4€6k€778▼
Taxes, remuneration and social security45€18k€12k▼
Taxes450/3€14k€12k▼
Remuneration and social security454/9€3k€0▼
Other amounts payable47/48€645k€583k▼
Accrued charges and deferred income492/3€29k€26k▼
Income statement
Code20242025
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€23k▼
Other operating charges640/8€12k€13k▲
Gross operating margin9900€92k€91k▼
Operating profit (loss)9901€56k€55k▼
Financial income75/76B€11k€9k▼
Recurring financial income75€11k€9k▼
Financial charges65/66B€34k€31k▼
Recurring financial charges65€34k€31k▼
Profit (loss) for the period before taxes9903€33k€33k▲
Transfer from deferred taxes780€790€790=
Income taxes67/77€7k€9k▲
Profit (loss) for the period9904€26k€25k▼
Transfer from tax-exempt reserves789€2k€2k=
Profit (loss) for the period to be appropriated9905€28k€26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-157k€26k▲
Profit (loss) brought forward from the previous period14P€-185k€0▲
Transfer from equity791/2€159k€0▼
Transfer to equity691/2€1k€26k▲
To the legal reserve6920€1k€1k▼
To other reserves6921-€25k
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €35k | €-208 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €49k | €49k | €38k | €24k | €23k | ▼ 3.6% |
| Other operating charges640/8 | - | €13k | €11k | €12k | €13k | ▲ 8.7% |
| Gross operating margin9900 | €168k | €128k | €112k | €92k | €91k | ▼ 0.6% |
| Operating profit (loss)9901 | €37k | €31k | €63k | €56k | €55k | ▼ 1.4% |
| Financial income75/76B | - | €10k | €12k | €11k | €9k | ▼ 14.9% |
| Recurring financial income75 | €9k | €10k | €12k | €11k | €9k | ▼ 14.9% |
| Financial charges65/66B | - | €31k | €37k | €34k | €31k | ▼ 9.5% |
| Recurring financial charges65 | €31k | €31k | €37k | €34k | €31k | ▼ 9.5% |
| Profit (loss) for the period before taxes9903 | €15k | €10k | €37k | €33k | €33k | ▲ 2.6% |
| Transfer from deferred taxes780 | - | €805 | €790 | €790 | €790 | = |
| Income taxes67/77 | €12k | €8k | €11k | €7k | €9k | ▲ 27.8% |
| Profit (loss) for the period9904 | €5k | €3k | €27k | €26k | €25k | ▼ 4.6% |
| Transfer from tax-exempt reserves789 | - | €2k | €2k | €2k | €2k | = |
| Profit (loss) for the period to be appropriated9905 | €6k | €5k | €28k | €28k | €26k | ▼ 4.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.77M | €1.53M | €1.49M | €1.39M | €1.30M | ▼ 6.2% |
| Fixed assets21/28 | €1.22M | €1.17M | €1.13M | €1.11M | €1.09M | ▼ 2.1% |
| Tangible fixed assets22/27 | €294k | €245k | €207k | €183k | €160k | ▼ 12.5% |
| Land and buildings22 | - | €224k | €193k | €176k | €159k | ▼ 9.3% |
| Leasing and similar rights25 | - | €21k | €14k | €7k | €801 | ▼ 89.2% |
| Financial fixed assets28 | €925k | €925k | €925k | €925k | €925k | = |
| Current assets29/58 | €554k | €355k | €353k | €279k | €217k | ▼ 22.5% |
| Amounts receivable within one year40/41 | €527k | €322k | €320k | €251k | €173k | ▼ 31.1% |
| Trade receivables40 | - | €20k | €25k | €28k | €25k | ▼ 10.2% |
| Other amounts receivable41 | - | €302k | €295k | €223k | €148k | ▼ 33.7% |
| Cash at bank and in hand54/58 | €18k | €22k | €21k | €18k | €35k | ▲ 92.1% |
| Deferred charges and accrued income490/1 | - | €10k | €12k | €11k | €9k | ▼ 14.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.77M | €1.53M | €1.49M | €1.39M | €1.30M | ▼ 6.2% |
| Equity10/15 | €449k | €452k | €479k | €505k | €530k | ▲ 4.9% |
| Contributions10/11 | €153k | €153k | €153k | €153k | €153k | = |
| Capital10 | - | €153k | €153k | €153k | €153k | = |
| Issued capital100 | - | €153k | €153k | €153k | €153k | = |
| Revaluation surpluses12 | - | €14k | €0 | - | - | - |
| Reserves13 | €473k | €497k | €511k | €352k | €377k | ▲ 7.1% |
| Non-distributable reserves130/1 | - | €3k | €5k | €6k | €7k | ▲ 22.2% |
| Legal reserve130 | - | €3k | €5k | €6k | €7k | ▲ 22.2% |
| Tax-exempt reserves132 | - | €8k | €6k | €5k | €3k | ▼ 33.9% |
| Distributable reserves133 | - | €486k | €500k | €341k | €367k | ▲ 7.3% |
| Profit (loss) carried forward14 | €-216k | €-212k | €-185k | €0 | - | - |
| Provisions and deferred taxes16 | €5k | €4k | €3k | €2k | €2k | ▼ 33.9% |
| Deferred taxes168 | - | €4k | €3k | €2k | €2k | ▼ 33.9% |
| Amounts payable17/49 | €1.32M | €1.07M | €1.00M | €880k | €770k | ▼ 12.5% |
| Amounts payable after more than one year17 | €559k | €481k | €182k | €148k | €117k | ▼ 20.6% |
| Financial debts170/4 | - | €481k | €182k | €148k | €117k | ▼ 20.6% |
| Amounts payable within one year42/48 | €741k | €569k | €793k | €704k | €627k | ▼ 10.9% |
| Current portion of amounts payable after more than one year42 | - | €35k | €34k | €35k | €30k | ▼ 12.0% |
| Trade debts44 | €1k | €3k | €4k | €6k | €778 | ▼ 87.8% |
| Suppliers440/4 | - | €3k | €4k | €6k | €778 | ▼ 87.8% |
| Taxes, remuneration and social security45 | - | €10k | €13k | €18k | €12k | ▼ 32.2% |
| Taxes450/3 | - | €10k | €13k | €14k | €12k | ▼ 16.1% |
| Remuneration and social security454/9 | - | €0 | - | €3k | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €521k | €742k | €645k | €583k | ▼ 9.5% |
| Accrued charges and deferred income492/3 | - | €19k | €28k | €29k | €26k | ▼ 8.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5k | €3k | €27k | €26k | €25k | ▼ 4.6% |
| + Depreciation and write-downs630 | €49k | €49k | €38k | €24k | €23k | ▼ 3.6% |
| Operating cash flow (approximation) | €54k | €52k | €65k | €50k | €48k | ▼ 4.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €4k | €-806 | €-3k | €17k | ▲ 599% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 2 days late
2025
27-02
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 27 days late
2024
30-06
Financial
Equity above €500kEq €505k ▲5.4%
4 profitable years in a row build equity to €505k.
02-02
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 2 days late
2023
30-06
Financial
Highest result since 2019net €27k ▲762%
Operating result €63k, net result €27k, both a record.
24-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-06
Financial
Back to profitnet €5k
Net result €5k after 2 loss-making years.
04-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 4 days late
2020
30-06
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
13-02
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 13 days late
2019
27-02
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 27 days late
2018
08-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 8 days late
2017
28-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tournai · 1 establishment unit since 1994
Ground area
3,484 m²
Building footprint
265 m²
Volume, LiDAR
1,075 m³
Parcel 57462A0004/00L000, Wallonia · tallest building 6.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Quai des Vicinaux(TOU) 30, 7500 Tournai
since 19942.066.822.154
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57462A0004/00L000 | Wallonia | 3,484 m² | 1 · 265 m² | 6.5 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,218 companies in sector 82100 we hold annual accounts for 3,511. 1,947 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded21-03-1994
Fiscal year end30-06
Activities, NACEBEL 2025
82100Office administrative and support services
Scores and ratios are computed by Checked and are not a credit decision.