MENUISERIE SERVATY
ActiveMENUISERIE SERVATY has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €210k and a net result of €-17k. Equity is growing by ~5.3% per year across the filed fiscal years. Its solvency ranks better than 80% of 2031 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
70
/ 100
Healthy▼ -16 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-1
Solvency94▼-5
Growth52=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 1.75 against 1.96 in 2024), and 31.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 31
Relative position
BE, all sectors
reference
Sector 31
higher
← fewer bankruptcies
more bankruptcies →
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
38 d early
2023
35 d early
2022
26 d early
2021
39 d early
2020
54 d early
2019
30 d early
← before the deadline
after the deadline →
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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-17k
2024 · €415
2018: €9k
2019: €4k
2020: €79k
2021: €2k
2022: €-12k
2023: €30k
2024: €415
2018 → 2025
Working capital
€72k▼ 5.5%
2024 · €76k
2018: €68k
2019: €83k
2020: €168k
2021: €119k
2022: €110k
2023: €73k
2024: €76k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€208k-€196k▼ 5.6%€226k▲ 15.3%€227k▲ 0.2%€210k▼ 7.3%
Operating result€-8k-€-8k▼ 6.6%€35k€3k▼ 92.3%€-14k
Net result€2k-€-12k€30k€415▼ 98.6%€-17k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €14k after €3k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €307k
Fixed assets
€138k▼ 17.2%
Current assets
€169k▲ 8.6%
Equity and liabilities €307k
Equity
€210k▼ 7.3%
Debt
€97k▲ 1.4%
The debt ratio rises from 29.6% to 31.5%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€22k▼
2024 · €37k
Cash flow
€19k▼
2024 · €35k
Solvency
68.5%▼
2024 · 70.4%
Current ratio
1.75▼
2024 · 1.96
Quick ratio
1.61▼
2024 · 1.85
Debt / equity
0.46▲
2024 · 0.42
ROE
-7.9%▼
2024 · 0.2%
ROA
-5.4%▼
2024 · 0.1%
Interest coverage
7.43▼
2024 · 25.97
Debt
€97k▲
2024 · €96k
Debt ≤ 1 year
€97k▲
2024 · €79k
Income taxes
€346▼
2024 · €902
Staff costs
€177k▲
2024 · €162k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€322k€307k▼
Fixed assets21/28€167k€138k▼
Tangible fixed assets22/27€166k€138k▼
Land and buildings22€73k€63k▼
Plant, machinery and equipment23€51k€44k▼
Furniture and vehicles24€42k€31k▼
Financial fixed assets28€150€150=
Current assets29/58€156k€169k▲
Stocks and contracts in progress3€9k€13k▲
Contracts in progress37€9k€13k▲
Amounts receivable within one year40/41€108k€84k▼
Trade receivables40€102k€73k▼
Other amounts receivable41€6k€12k▲
Cash at bank and in hand54/58€39k€72k▲
Equity and liabilities
Total equity and liabilities10/49€322k€307k▼
Equity10/15€227k€210k▼
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€86k€86k=
Non-distributable reserves130/1€86k€86k=
Legal reserve130€2k€2k=
Reserves not available under the articles1311€84k€84k=
Profit (loss) carried forward14€122k€106k▼
Amounts payable17/49€96k€97k▲
Amounts payable after more than one year17€16k-
Financial debts170/4€16k-
Amounts payable within one year42/48€79k€97k▲
Current portion of amounts payable after more than one year42€31k€16k▼
Trade debts44€5k€23k▲
Suppliers440/4€5k€23k▲
Advances received on contracts in progress46€10k-
Taxes, remuneration and social security45€30k€31k▲
Taxes450/3€18k€4k▼
Remuneration and social security454/9€12k€27k▲
Other amounts payable47/48€4k€26k▲
Income statement
Code20242025
Remuneration, social security and pensions62€162k€177k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€36k▲
Other operating charges640/8€5k€6k▲
Gross operating margin9900€205k€205k▲
Operating profit (loss)9901€3k€-14k▼
Financial income75/76B€10€260▲
Recurring financial income75€10€260▲
Financial charges65/66B€1k€3k▲
Recurring financial charges65€1k€3k▲
Profit (loss) for the period before taxes9903€1k€-16k▼
Income taxes67/77€902€346▼
Profit (loss) for the period9904€415€-17k▼
Profit (loss) for the period to be appropriated9905€415€-17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€122k€106k▼
Profit (loss) brought forward from the previous period14P€122k€122k▲
Social balance
Average headcount (FTE)90874.44.7▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-17k ▼4100%
Net result drops to €-17k, the lowest in the series.
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €30k
Net result €30k after one loss-making year.
31-12
Financial
Equity above €200kEq €226k ▲15.3%
Equity rises from €196k to €226k.
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
07-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Highest result since 2018net €79k ▲1749%
Operating result €102k, net result €79k, both a record.
31-12
Financial
Equity above €200kEq €205k ▲61.8%
3 profitable years in a row build equity to €205k.
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
05-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
04-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Blégny · 1 establishment unit since 2000
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Wérihet 314671 BlégnyGround area
2,127 m²
Building footprint
346 m²
Volume, LiDAR
971 m³
2 parcels, Wallonia · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Menuiserie Contemporaine Pascal Servaty
since 20002.096.759.522
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62112B0989/00Z000 | Wallonia | 1,085 m² | 1 · 180 m² | 7.4 m · 2 fl. |
| 62056A0436/00M000 | Wallonia | 1,042 m² | 1 · 165 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
INTERNI EDITION
BE 0862.585.663
Evere · Eq €210k
SERDOE
BE 0420.637.926
Merelbeke-Melle · Eq €210k
COCOON@WORK
BE 0876.633.936
Hoeilaart · Eq €211k
PIGMENT
BE 0445.841.001
Hasselt · Eq €209k
INDERTIJD
BE 0465.747.874
Spiere-Helkijn · Eq €208k
Of 1,496 companies in sector 31004 we hold annual accounts for 614. 475 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded15-09-2000
Fiscal year end31-12
Activities, NACEBEL
31004Manufacture of dining room, living room, bedroom and bathroom furniture
43320Joinery installation
45421
36141
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.