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The Service Society

Active
Private limited companyfounded 2025active for 1 yearPeperstraat 14, 9000 Gent, BelgiumKBO/BCE: BE 1018.774.865

From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette

Summary

The Service Society has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8,905 and a net result of €2,905. Its solvency ranks better than 24% of 976 sector peers (NACE 78, financial year 2025). The computed 12-month bankruptcy probability is 1.5% (low).

Overview

Official details

KBO
Status
Active since 15-01-2025 Normal situation
Legal form
Private limited company
Registered office
Peperstraat 14, 9000 Gent
Activity
Employment placement agencies NACE 78100and 4 others
Establishment unit
2.369.220.050 9000 Gent, since 15-01-2025
Financial year end
31 December
Peppol
Reachable since 31-01-2025

Who decides

Board

How it is doing

62 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.5%
Annual accounts 2025
Gross margin
€4,642
Turnover
≈ €36,000
estimated
Profit
€2,905
Equity
€8,905
Total assets
€63,708
2025 accounts filed 31 days late
Filed on 31-08-2026at the National Bank
Why 62raises riskFounded in 2025Last filed accounts filed 31 days late; 1 of the last 3 lateSize: total assets €63,708lowers riskSector: Employment activities (NACE 78)Show the evidence

Checked score

Score 2025
62 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 23% of its sector peers (NACE 78, micro)
Financial strength
Weak
Solvency 39
equity 14.0% of total assets
Liquidity 14
short-term debt 86.0% · cash 9.4%
Profitability 49
return on assets 4.6%
Bankruptcy probability, 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (1,376 companies, NACE 78, micro)
Last 24 months 02-2026: 1.0%lowest value 03-2026: 1.0%● unchanged vs 02-2026lowest value 04-2026: 1.1%▲ +0.1 percentage points vs 03-2026 05-2026: 1.1%● unchanged vs 04-2026 06-2026: 1.2%▲ +0.1 percentage points vs 05-2026 07-2026: 1.3%▲ +0.1 percentage points vs 06-2026 08-2026: 1.5%▲ +0.2 percentage points vs 07-2026highest value 09-2026: 1.5%● unchanged vs 08-2026 10-2026: 1.5%● unchanged vs 09-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity tight (current ratio 1.16, below the usual 1.5; short-term debt: 86% and cash: 9.4% of total assets), and 86% 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 78, micro): better than 27% on solvency, 10% on liquidity and 31% on profitability.

The bankruptcy probability was computed on 31-10-2026 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 risk
raises risk · Founded in 2025
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Sector: Employment activities (NACE 78)
KBO
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 late
NBB · filings
raises risk · Size: total assets €63,708
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 976 sector peers (2025).
NBB · sector comparison
Position among 976 sector peers
Solvency
better than 24%
← weakest strongest →
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
31 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2025.
KBO publications · our coverage

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about The Service Society

What is the company number of The Service Society?
1018.774.865. In Belgium the VAT number is the company number with BE in front: BE 1018.774.865.
Where is The Service Society based?
The registered office is at Peperstraat 14, 9000 Gent.Company details
What does The Service Society do?
According to the KBO register, the main activity is employment placement agencies (NACE 78100).
What is the legal form of The Service Society?
Private limited company (BV).
When was The Service Society founded?
On 15-01-2025.
Is The Service Society still active?
Yes, The Service Society is an active enterprise in the KBO register.
What is the turnover of The Service Society?
≈ €36,000 in financial year 2025. Estimated from the gross margin of €4,642: probably between €16,000 and €85,000, based on 6,330 comparable companies of the same size. A rough estimate.Financials
Is The Service Society profitable?
In financial year 2025, The Service Society made a profit of €2,905.
Where can I find the annual accounts of The Service Society?
The Service Society filed 1 annual account with the National Bank of Belgium, for financial year 2025.Annual accounts at the National Bank

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