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Servitec

Active
Private limited companyfounded 201114 years activeHerentalsebaan 406, 2160 Wommelgem, BelgiumKBO/BCE: BE 0841.624.755
Summary

The computed 12-month bankruptcy probability of Servitec is 3.6% (moderate). The 2024 annual accounts show equity of €332,794 and a net result of €233,130. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 33% of 9,089 sector peers (NACE 46, fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Wholesale of other machinery and equipment
NACE 46649Business and other management consultancy NACE 70200
1 site
Size
€1.1mtotal assets 2024
Equity
€332,794
Profit
€233,130
Turnover not published (abridged schema)
Financial health
50 Fair Checked score 2024
Bankruptcy probability, 12 months
3.6%
Structure
Accounts 68 days overdue0 of 3 deeds read
Why 50- Liquidity: current ratio 1.19, cash €146- Figures for FY 2024 (filed 17-09-2025)- 1 financial year not filed after the legal deadline; latest accounts 42 days late; 1 of the last 3 late+ Founded in 2011Show the evidence

Checked score

Score 2024
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 54% of its sector peers (NACE 46, micro)
Financial strength · tick = 2023
Average
Solvency 54+20
equity 29.1% of total assets
Liquidity 35-6
short-term debt 33.7% · cash 0.0%
Profitability 64-13
return on assets 20.4%
Bankruptcy probability, 12 months
3.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,858 companies)
Last 24 months 11-2024: 1.2% 12-2024: 1.2%● unchanged vs 11-2024 01-2025: 1.2%● unchanged vs 12-2024 02-2025: 1.2%● unchanged vs 01-2025 03-2025: 1.2%● unchanged vs 02-2025 04-2025: 1.2%● unchanged vs 03-2025 05-2025: 1.2%● unchanged vs 04-2025 06-2025: 1.1%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 1.4%▲ +0.3 percentage points vs 06-2025 08-2025: 2.0%▲ +0.6 percentage points vs 07-2025 09-2025: 2.4%▲ +0.4 percentage points vs 08-2025 10-2025: 1.3%▼ -1.1 percentage points vs 09-2025 11-2025: 1.3%● unchanged vs 10-2025 12-2025: 1.4%▲ +0.1 percentage points vs 11-2025 01-2026: 1.4%● unchanged vs 12-2025 02-2026: 1.4%● unchanged vs 01-2026 03-2026: 1.4%● unchanged vs 02-2026 04-2026: 1.3%▼ -0.1 percentage points vs 03-2026 05-2026: 1.3%● unchanged vs 04-2026 06-2026: 1.3%● unchanged vs 05-2026 07-2026: 1.3%● unchanged vs 06-2026 08-2026: 2.1%▲ +0.8 percentage points vs 07-2026 09-2026: 2.4%▲ +0.3 percentage points vs 08-2026 10-2026: 3.6%▲ +1.2 percentage points vs 09-2026highest value
Credit up to €16,000 at 30 days acceptable
Liquidity tight (current ratio 1.19 against 1.53 in 2023; short-term debt: 33.7% and cash: 0% of total assets), and 70.9% of the assets are financed with debt.
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 46, micro): better than 39% on solvency, 33% on liquidity, 47% on profitability and 97% on growth.

The bankruptcy probability was computed on 06-10-2026 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 risk+raises risk○neutral
raises risk · Liquidity: current ratio 1.19, cash €146
NBB · annual accounts
raises risk · Figures for FY 2024 (filed 17-09-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 42 days late; 1 of the last 3 late
NBB · filings
lowers risk · Founded in 2011
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €332,794
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-09-2025, 42 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 filings
Deviation from the deadline
2025
not confirmed
2024
42 days late
2023
27 days late
2022
110 days early
2021
157 days late
2020
130 days late
2019
36 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 35 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · abbreviated…
  2. Highest result since 2018net €233,130 ▲210%
  3. Equity above €200,000Eq €332,794 ▲234%

Key points

  • Positive: Result rose in 2024from €75,152 to €233,130 ▲ 210% View
  • Caution: Accounts not fileddeadline was 31-07-2026 68 days late View
  • Positive: Among the best 19% on net resultsector median €40,021 · 9,084 companies €233,130 View

By topic

Financials

Fiscal year
2024
Total assets
€1.1m
Profit
€233,130
Solvency
29.1%
Total assets▼ 1.5%
Net result
20182024
Go to Financials

Timeline

Events
16
Since
2016
  1. 27-08-2024Annual accounts filed
  2. 12-04-2023Annual accounts filed
  3. 04-01-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Wholesale of other machinery and equipmentNACE 46649
Founded
06-12-2011
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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