Financials
- Fiscal year
- 2025
- Turnover
- €7.4m
- Profit
- €637,266
- Solvency
- -17.2%
Turnover▼ 8.8%
Net result
20192025
SERVICEPLAN BELGIUM
ActiveSummary
The computed 12-month bankruptcy probability of SERVICEPLAN BELGIUM is 1.5% (moderate). The 2025 annual accounts show negative equity (-€2.5m) and a net result of €637,266. Equity is shrinking by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 9% of 844 sector peers (fiscal year 2025). The company has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Advertising agencies
NACE 73110NACE 74401
#3 company by staff growth in Sint-Pieters-Woluwe, Professional and technical services sector1 site
Size
€7.4mturnover 2025
- Staff
- 33.2 FTE
- Equity
- -€2.5m
- Profit
- €637,266
Structure
- Parent
- Serviceplan Group Belux · 100%
- Board
- 5 members
- Holdings
- 1
Auditor: BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISESAccounts filed 30 d late
Why 54Capped at 59: negative equity- Negative equity -€2.5m- Liquidity: current ratio 0.85, cash €81,274- Latest accounts 31 days late; 3 of the last 3 late+ Size: turnover €7.4m, 33.2 FTE, total assets €14.5mShow the evidence
Checked score
Score 2025
54
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 26% of its sector peers (NACE 73, small)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency
8+8
equity -17.2% of total assets
Liquidity
1+1
short-term debt 117.0% · cash 0.6%
Profitability
58+2
return on assets 4.4%
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.2%lowest value
12-2024: 1.2%▲ +1.8% vs 11-2024
01-2025: 1.2%▼ -0.2% vs 12-2024
02-2025: 1.4%▲ +14.2% vs 01-2025
03-2025: 1.4%▲ +1.0% vs 02-2025
04-2025: 1.3%▼ -6.6% vs 03-2025
05-2025: 1.3%▲ +3.0% vs 04-2025
06-2025: 1.6%▲ +16.4% vs 05-2025
07-2025: 2.6%▲ +66.5% vs 06-2025
08-2025: 2.7%▲ +1.5% vs 07-2025
09-2025: 2.6%▼ -1.7% vs 08-2025
10-2025: 2.6%● 0.0% vs 09-2025
11-2025: 2.6%● 0.0% vs 10-2025
12-2025: 2.7%▲ +2.3% vs 11-2025
01-2026: 2.8%▲ +5.2% vs 12-2025
02-2026: 3.3%▲ +18.7% vs 01-2026
03-2026: 3.6%▲ +6.8% vs 02-2026highest value
04-2026: 1.6%▼ -56.1% vs 03-2026
05-2026: 1.6%● 0.0% vs 04-2026
06-2026: 1.6%● 0.0% vs 05-2026
07-2026: 1.6%● 0.0% vs 06-2026
08-2026: 1.5%▼ -3.1% vs 07-2026
09-2026: 1.5%▼ -1.2% vs 08-2026
10-2026: 1.5%▲ +0.5% vs 09-2026
- Negative equity -€2.5m raises the probability
- Liquidity: current ratio 0.85, cash €81,274 raises the probability
- Latest accounts 31 days late; 3 of the last 3 late raises the probability
- Size: turnover €7.4m, 33.2 FTE, total assets €14.5m lowers the probability for this profile
No credit on open account
Liquidity short (current ratio 0.85 against 0.59 in 2024; short-term debt: 117% and cash: 0.6% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 73, small). Better than this share of them on solvency 3%, liquidity 3%, profitability 43%, growth against the median 53%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 844 sector peers (2025).
NBB · sector comparisonPosition among 844 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-03-2026, 30 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 filingsDeviation from the deadline
2025
30 d late
2024
143 d late
2023
203 d late
2022
267 d late
2021
407 d late
2020
277 d late
2019
410 d 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 248 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 22 August (4 of the last 5 filed years within 173 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close05-10-2026 today31-01-2027 deadline
- Resignation: GRAvity Consulting BV (managing director)State Gazette act
- Resignation: GRAvity Consulting BV (director and…Permanent representatives: Peter Vande Graveele…
- Annual accounts filedfiscal year 2025 · full…
Key points
- Risk: Negative equityfiscal year 2025: debts exceed assets -€2.5m View
- Positive: Result rose in 2025from €21,445 to €637,266 ▲ 2,872% View
- Caution: Among the weakest 5% on equitysector median €484,670 · 845 companies -€2.5m View
- Board changedlatest change 01-09-2026 · 5 in office 2 joined · 2 left View
- Controlled by Serviceplan Group Beluxultimately: Serviceplan Group SE &… 100% View
- Active since 1977founded 25-01-1977 49 years View
By topic
Board & ownership
- Board
- 5 members
- Parent
- Serviceplan Group Belux · 100%
- Auditor
- BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES
Go to Board & ownership
Network & group
- Group
- Serviceplan Group SE &…
- Holdings
- 1
- Connected companies
- 3
- Mergers and contributions
- 2
1 holding
Timeline
- Events
- 45
- Since
- 2002
- Next accounts
- by 31-01-2027
- 23-09-2026Resignation: GRAvity Consulting BV (managing director)
- 23-09-2026Resignation: GRAvity Consulting BV (director and managing…
- 02-03-2026Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Advertising agenciesNACE 73110
- Founded
- 25-01-1977
- Year ends
- 30-06
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 3
- Purpose
- Alle verrichtingen te doen, die behoren tot de activiteiten van een adviserend en…
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