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SERVICES MANAGEMENT FORMATION

Active
Non-profit associationfounded 1990active for 35 yearsRue Bonne-Fortune 102, 4430 Ans, BelgiumKBO/BCE: BE 0442.445.407
Summary

SERVICES MANAGEMENT FORMATION has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €437,728 and a net result of -€66,742. Equity is growing by about 6.4% per year across the filed financial years. Its solvency ranks better than 58% of 1,151 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Office administrative and support services
NACE 82100Certified accountants and tax accountants NACE 69201
3rd oldest company in Ans, Administrative and support services sector1 site
Size
€666,911turnover 2025
Staff
8.9 FTE
Equity
€437,728
Deficit
-€66,742
Financial health
93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Accounts 28 days early2 of 17 deeds read
Why 93raises riskLoss of €66,742, the second in a row (financial year 2025)Size: turnover €666,911, 8.9 FTE, total assets €783,066lowers riskLegal form: non-profit associationLiquidity: current ratio 2.36, cash €140,232Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 41% of its sector peers (NACE 82, micro)
Financial strength · tick = 2024
Average
Solvency 81+2
equity 55.9% of total assets
Liquidity 66-9
short-term debt 19.8% · cash 17.9%
Profitability 5-52
return on assets -8.5%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (12,637 companies, NACE 82, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026highest value 09-2026: < 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%● unchanged vs 09-2026highest value
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.36, compared with 2.42 in 2024, above the usual 1.5; short-term debt: 19.8% and cash: 17.9% of total assets), and 44.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, micro): better than 56% on solvency, 61% on liquidity, 11% on profitability and 36% on growth.

The bankruptcy probability was computed on 19-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
raises risk · Loss of €66,742, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 2.36, cash €140,232
NBB · annual accounts
raises risk · Size: turnover €666,911, 8.9 FTE, total assets €783,066
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€66,742
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
28 days early
2024
119 days late
2023
47 days early
2022
31 days early
2021
68 days early
2020
30 days early
2019
53 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 5 days before the deadline; the sector median (NACE 82) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 June (4 of the last 5 filed years within 37 days of that day).
Companies Code · seven months
Where today falls in the filing period
20-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Reappointments: Karin Toussaint, Régine Mercier and…Appointments: Delphine Gratien (day-to-day manager)…
  3. Weakest financial yearnet -€66,742

Key points

  • Caution: Result fell in 2025from -€5,362 to -€66,742 ▼ 1,145% View
  • Caution: Among the weakest 15% on net resultsector median €48,454 · 1,152 companies -€66,742 View
  • Positive: 5 years of growth in a rowturnover 2025: €666,911 5 years View
  • New directorlatest change 21-01-2026 · 3 in office 1 joined View

By topic

Financials

Financial year
2025
Turnover
€666,911
Loss
-€66,742
Solvency
55.9%
Turnover▲ 0.8%
Net result
20182025
Go to Financials

Board & ownership

Board
3 members
  • Karin ToussaintDirector
  • Robert de MeulenaerDirector
  • Régine MercierDirector
Go to Board & ownership

Timeline

Events
24
Since
2007
Next accounts
by 31-07-2027
  1. 27-11-2025Annual accounts filed
  2. 14-06-2024Annual accounts filed
  3. 02-04-2024Amendment of the articles · Miscellaneous
Go to Timeline

Company details

Sites
1
Legal form
Non-profit association
Activity
Office administrative and support servicesNACE 82100
Founded
18-12-1990
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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