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The Service Society

Active
Private limited companyfounded 2025active for 1 yearPeperstraat 14, 9000 Gent, BelgiumKBO/BCE: BE 1018.774.865
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 975 sector peers (NACE 78, financial year 2025). The computed 12-month bankruptcy probability is 1.5% (low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00505161.

Equity
€8,905
Total assets
€63,708
Net result
€2,905
Working capital
€8,905

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Equity and liabilities €63,708
Equity €8,905
Debt €54,803
Debt finances 86.0% of the balance-sheet total.
Key figures and ratios
2025 value
Current ratio
1.16
Debt to equity
6.15
ROE
32.6%
ROA
4.6%
Debt ≤ 1 year
€54,803
Income taxes
€904

Peer companies

Historical observation

Of the 294 companies that looked in July 2024 the way this one looks now, 2.4% went bankrupt within 24 months and 95.6% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
2.4% went bankrupt
2.0% stopped otherwise
95.6% still going

For this company itself Checked computes a bankruptcy probability of 1.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 294 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 35 lines
Balance sheet Code2025
Assets
Total assets20/58€63,708
Current assets29/58€63,708
Amounts receivable within one year40/41€57,560
Trade receivables40€55,528
Other amounts receivable41€2,032
Cash at bank and in hand54/58€6,000
Deferred charges and accrued income490/1€148
Equity and liabilities
Total equity and liabilities10/49€63,708
Equity10/15€8,905
Contributions10/11€6,000
Reserves13€2,905
Distributable reserves133€2,905
Amounts payable17/49€54,803
Amounts payable within one year42/48€54,803
Financial debts43€3,046
Credit institutions430/8€3,046
Trade debts44€30,259
Suppliers440/4€30,259
Taxes, remuneration and social security45€904
Taxes450/3€904
Other amounts payable47/48€20,594
Income statement Code2025
Other operating charges640/8€400
Gross operating margin9900€4,642
Operating profit (loss)9901€4,242
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€434
Recurring financial charges65€434
Profit (loss) for the period before taxes9903€3,809
Income taxes67/77€904
Profit (loss) for the period9904€2,905
Profit (loss) for the period to be appropriated9905€2,905
Appropriation of the result
Profit (loss) to be appropriated9906€2,905
Transfer to equity691/2€2,905
To other reserves6921€2,905

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Other operating charges640/8€400
Gross operating margin9900€4,642
Operating profit (loss)9901€4,242
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€434
Recurring financial charges65€434
Profit (loss) for the period before taxes9903€3,809
Income taxes67/77€904
Profit (loss) for the period9904€2,905
Profit (loss) for the period to be appropriated9905€2,905
Line2025
Assets
Total assets20/58€63,708
Current assets29/58€63,708
Amounts receivable within one year40/41€57,560
Trade receivables40€55,528
Other amounts receivable41€2,032
Cash at bank and in hand54/58€6,000
Deferred charges and accrued income490/1€148
Equity and liabilities
Total equity and liabilities10/49€63,708
Equity10/15€8,905
Contributions10/11€6,000
Reserves13€2,905
Distributable reserves133€2,905
Amounts payable17/49€54,803
Amounts payable within one year42/48€54,803
Financial debts43€3,046
Credit institutions430/8€3,046
Trade debts44€30,259
Suppliers440/4€30,259
Taxes, remuneration and social security45€904
Taxes450/3€904
Other amounts payable47/48€20,594
Line2025
Profit (loss) for the period9904€2,905
Operating cash flow (approximation)€2,905

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 31-08-2026 2026-00505161

Similar companies · same sector, comparable size

Of the 2,330 active companies whose main activity is employment placement agencies (NACE 78100), figures are known for 1,384. 626 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.