SERVTEC
ActiveSummary
SERVTEC has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16k and a net result of €17k. Equity is growing by ~25.1% per year across the filed fiscal years. Its solvency ranks better than 31% of 11389 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability91▼-6
Solvency41▲+17
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.54 against 0.99 in 2024; short-term debt: 19.5% and cash: 22.5% of total assets), but 83.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
16.4%
Return on assets
17.9%
Age of the figures
9 mo
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
29 d early
2023
8 d early
2022
101 d early
2021
4 d early
2020
30 d late
2019
3 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€16k
2024 · €-1k
2018: €-174k
2019: €-154k▲ +11.7% vs 2018
2020: €-177k▼ -14.9% vs 2019lowest in 8 years
2021: €-135k▲ +23.6% vs 2020
2022: €-102k▲ +24.3% vs 2021
2023: €-29k▲ +71.8% vs 2022
2024: €-1k▲ +94.9% vs 2023
2025: €16k▲ +1180% vs 2024highest in 8 years
2018 → 2025
Total assets
€96k▼ 19.1%
2024 · €119k
2018: €50k
2019: €62k▲ +23.0% vs 2018
2020: €20k▼ -67.7% vs 2019lowest in 8 years
2021: €42k▲ +108% vs 2020
2022: €65k▲ +55.1% vs 2021
2023: €40k▼ -37.9% vs 2022
2024: €119k▲ +196% vs 2023highest in 8 years
2025: €96k▼ -19.1% vs 2024
2018 → 2025
Net result
€17k▼ 36.9%
2024 · €27k
2018: €-5k
2019: €20k▲ +503% vs 2018
2020: €-23k▼ -212% vs 2019lowest in 8 years
2021: €42k▲ +281% vs 2020
2022: €33k▼ -21.3% vs 2021
2023: €73k▲ +124% vs 2022highest in 8 years
2024: €27k▼ -62.7% vs 2023
2025: €17k▼ -36.9% vs 2024
2018 → 2025
Working capital
€10k
2024 · €-457
2018: €-174klowest in 8 years
2019: €-16k▲ +90.9% vs 2018
2020: €-35k▼ -120% vs 2019
2021: €10k▲ +129% vs 2020
2022: €47k▲ +364% vs 2021highest in 8 years
2023: €12k▼ -73.7% vs 2022
2024: €-457▼ -104% vs 2023
2025: €10k▲ +2319% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-135k-€-102k▲ 24.3%€-29k▲ 71.8%€-1k▲ 94.9%€16k
2021: €-135klowest in 5 years
2022: €-102k▲ +24.3% vs 2021
2023: €-29k▲ +71.8% vs 2022
2024: €-1k▲ +94.9% vs 2023
2025: €16k▲ +1180% vs 2024highest in 5 years
Operating result€42k-€41k▼ 1.8%€99k▲ 143%€38k▼ 61.5%€24k▼ 36.3%
2021: €42k
2022: €41k▼ -1.8% vs 2021
2023: €99k▲ +143% vs 2022highest in 5 years
2024: €38k▼ -61.5% vs 2023
2025: €24k▼ -36.3% vs 2024lowest in 5 years
Net result€42k-€33k▼ 21.3%€73k▲ 124%€27k▼ 62.7%€17k▼ 36.9%
2021: €42k
2022: €33k▼ -21.3% vs 2021
2023: €73k▲ +124% vs 2022highest in 5 years
2024: €27k▼ -62.7% vs 2023
2025: €17k▼ -36.9% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 36% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €96k
Fixed assets
€67k ▲ 14.4%
Current assets
€29k ▼ 51.9%
Equity and liabilities €96k
Equity
€16k
Debt
€81k
Debt finances 83.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€38k▼
2024 · €43k
Cash flow
€31k▼
2024 · €32k
Current ratio
1.54▲
2024 · 0.99
Debt to equity
5.09▲
2024 · -82.28
ROE
109.3%
ROA
17.9%▼
2024 · 23.0%
Interest coverage
533.51▼
2024 · 622.93
Debt ≤ 1 year
€19k▼
2024 · €61k
Debt > 1 year
€62k▲
2024 · €60k
Income taxes
€7k▼
2024 · €11k
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 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€119k€96k▼
Fixed assets21/28€59k€67k▲
Tangible fixed assets22/27€59k€67k▲
Plant, machinery and equipment23€2k€728▼
Furniture and vehicles24€13k€27k▲
Other tangible fixed assets26€45k€40k▼
Current assets29/58€60k€29k▼
Amounts receivable within one year40/41€12k€7k▼
Trade receivables40€10k€7k▼
Other amounts receivable41€2k-
Cash at bank and in hand54/58€48k€22k▼
Equity and liabilities
Total equity and liabilities10/49€119k€96k▼
Equity10/15€-1k€16k▲
Contributions10/11€20k€20k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-23k€-6k▲
Amounts payable17/49€121k€81k▼
Amounts payable after more than one year17€60k€62k▲
Other amounts payable178/9€60k€62k▲
Amounts payable within one year42/48€61k€19k▼
Trade debts44€48k€11k▼
Suppliers440/4€48k€11k▼
Taxes, remuneration and social security45€11k€8k▼
Taxes450/3€11k€8k▼
Other amounts payable47/48€2k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€13k▲
Other operating charges640/8€840€2k▲
Gross operating margin9900€44k€39k▼
Operating profit (loss)9901€38k€24k▼
Financial charges65/66B€69€70▲
Recurring financial charges65€69€70▲
Profit (loss) for the period before taxes9903€38k€24k▼
Income taxes67/77€11k€7k▼
Profit (loss) for the period9904€27k€17k▼
Profit (loss) for the period to be appropriated9905€27k€17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-23k€-6k▲
Profit (loss) brought forward from the previous period14P€-51k€-23k▲
The notes to these accounts (5 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €4k | €6k | €5k | €13k | ▲ 173% |
| Other operating charges640/8 | €741 | €717 | €752 | €840 | €2k | ▲ 90.7% |
| Gross operating margin9900 | €46k | €45k | €106k | €44k | €39k | ▼ 10.7% |
| Operating profit (loss)9901 | €42k | €41k | €99k | €38k | €24k | ▼ 36.3% |
| Financial income75/76B | €28 | €1 | €29 | - | - | - |
| Recurring financial income75 | €28 | €1 | €29 | - | - | - |
| Financial charges65/66B | €59 | €232 | - | €69 | €70 | ▲ 2.0% |
| Recurring financial charges65 | €59 | €232 | - | €69 | €70 | ▲ 2.0% |
| Profit (loss) for the period before taxes9903 | €42k | €41k | €99k | €38k | €24k | ▼ 36.4% |
| Income taxes67/77 | - | €8k | €26k | €11k | €7k | ▼ 35.1% |
| Profit (loss) for the period9904 | €42k | €33k | €73k | €27k | €17k | ▼ 36.9% |
| Profit (loss) for the period to be appropriated9905 | €42k | €33k | €73k | €27k | €17k | ▼ 36.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €42k | €65k | €40k | €119k | €96k | ▼ 19.1% |
| Fixed assets21/28 | €8k | €4k | €19k | €59k | €67k | ▲ 14.4% |
| Tangible fixed assets22/27 | €8k | €4k | €19k | €59k | €67k | ▲ 14.4% |
| Plant, machinery and equipment23 | - | - | €2k | €2k | €728 | ▼ 51.8% |
| Furniture and vehicles24 | €8k | €4k | €17k | €13k | €27k | ▲ 107% |
| Other tangible fixed assets26 | - | - | - | €45k | €40k | ▼ 10.1% |
| Current assets29/58 | €34k | €61k | €21k | €60k | €29k | ▼ 51.9% |
| Amounts receivable within one year40/41 | - | €7k | €3k | €12k | €7k | ▼ 38.1% |
| Trade receivables40 | - | €7k | €2k | €10k | €7k | ▼ 23.6% |
| Other amounts receivable41 | - | - | €446 | €2k | - | - |
| Cash at bank and in hand54/58 | €34k | €54k | €19k | €48k | €22k | ▼ 55.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €42k | €65k | €40k | €119k | €96k | ▼ 19.1% |
| Equity10/15 | €-135k | €-102k | €-29k | €-1k | €16k | ▲ 1,180% |
| Contributions10/11 | €20k | €20k | €20k | €20k | €20k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €-157k | €-124k | €-51k | €-23k | €-6k | ▲ 73.7% |
| Amounts payable17/49 | €177k | €167k | €69k | €121k | €81k | ▼ 33.2% |
| Amounts payable after more than one year17 | €153k | €153k | €60k | €60k | €62k | ▲ 3.0% |
| Other amounts payable178/9 | €153k | €153k | €60k | €60k | €62k | ▲ 3.0% |
| Amounts payable within one year42/48 | €24k | €14k | €9k | €61k | €19k | ▼ 69.0% |
| Trade debts44 | €744 | €2k | €8k | €48k | €11k | ▼ 77.3% |
| Suppliers440/4 | €744 | €2k | €8k | €48k | €11k | ▼ 77.3% |
| Taxes, remuneration and social security45 | €10k | €10k | €845 | €11k | €8k | ▼ 26.5% |
| Taxes450/3 | €10k | €10k | €845 | €11k | €8k | ▼ 26.5% |
| Other amounts payable47/48 | €13k | €2k | €556 | €2k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €42k | €33k | €73k | €27k | €17k | ▼ 36.9% |
| + Depreciation and write-downs630 | €4k | €4k | €6k | €5k | €13k | ▲ 173% |
| Operating cash flow (approximation) | €45k | €37k | €80k | €32k | €31k | ▼ 5.3% |
| Investment in fixed assets (approximation) | - | €0 | €-21k | €-45k | €-22k | ▲ 51.7% |
| Change in cash | - | €20k | €-35k | €29k | €-27k | ▼ 191% |
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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €73k ▲124%
Operating result €99k, net result €73k, both a record.
21-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity triplescurrent ratio 4.27
Current ratio from 1.42 to 4.27; short-term debt falls from €24k to €14k.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €42k
Net result €42k after one loss-making year.
31-12
Financial
Liquidity times 7current ratio 1.42
Current ratio from 0.19 to 1.42; short-term debt falls from €43k to €24k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Weakest financial yearnet €-23k
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
08-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 8 days late
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Kontich · 1 establishment unit since 1996
Ground area
177 m²
Building footprint
80 m²
Volume, LiDAR
594 m³
Parcel 11602E0111/00B004, Flanders · tallest building 8.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SERVTEC BVBA
since 19962.076.007.460
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11602E0111/00B004 | Flanders | 177 m² | 1 · 80 m² | 8.6 m · 3 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 6,155 companies in sector 46190 we hold annual accounts for 2,571. 1,550 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded04-03-1996
Fiscal year end31-12
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
Scores and ratios are computed by Checked and are not a credit decision.