Turnover
≈ €210,000 estimated
The micro format states no turnover.
S.Service
Lifetime
1 annual account with figuresGross marginpeak €55,619 (2025)
€55,619
Resultpeak €42,800 (2025)
€42,800
Equitypeak €44,467 (2025)
€44,467
Debts
€28,237
Board1 name since 2025
1 directorRASSCHAERT Sonny Pierre Huguette
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Incorporation 07-03Dividend €8331 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsStarting capital
€2,500
Position in the sector
€42,800
Higher net result than 83% of companies in specialised construction. Sector median €10,218 · 34,996 companies.
2025 accounts filed 31 days after the deadline
Checked score
87
Excellent
Financially stronger than 80% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,685 companies (NACE 43, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
04-2026: 1.9%
05-2026: 1.9%● unchanged vs 04-2026
06-2026: 2.3%▲ +0.4 percentage points vs 05-2026
07-2026: 2.4%▲ +0.1 percentage points vs 06-2026
08-2026: 2.7%▲ +0.3 percentage points vs 07-2026highest value
09-2026: 0.4%▼ -2.3 percentage points vs 08-2026lowest value
10-2026: 0.4%● unchanged vs 09-2026
11-2026: 0.4%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2025
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
Size: total assets €72,703
lowers risk
Liquidity: current ratio 2.57, cash €67,321
Calculation
The band follows from the bankruptcy probability. 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 43, micro). It does better than 67% of them on solvency, 80% on liquidity and 92% on profitability.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 11,279 companies had the same profile as S.Service has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of S.Service itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 11,279 companies, not a prediction for S.Service. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.57, above the usual 1.5. Short-term debt is 38.8% and cash 92.6% of total assets. 38.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
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 filingDeviation from the deadline
2025
31 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1020687547
Incorporation
Founding capital of €2,500 · Founder: RASSCHAERT Sonny Pierre Huguette · Appointment: RASSCHAERT Sonny Pierre Huguette (director) · published on 07-03-2025 · Gazette deed
First establishment
Hazenwegel 25, Oosterzele
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| S.Service Oosterzele | €72,703 | €55,619 | 61.2% | - |
| A-PAINT Harelbeke | €66,311 | €66,282 | 60.0% | - |
| FLAMAND Benoît - Peintre et décorateur Messancy | €68,536 | €70,743 | 53.9% | - |
| SCHILDERWERKEN AARON Izegem | €79,493 | €69,687 | 68.2% | - |
| KATELINI Ninove | €61,911 | €64,275 | 74.3% | - |
| Schilderwerken Van Bastelaere Lokeren | €93,029 | €52,770 | 38.2% | - |
| DE SAEGHER SCHILDERWERKEN Stekene | €85,401 | €72,550 | 59.6% | - |
These companies have the same main activity as S.Service: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €61,900 and €93,000, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 05-03-2025Normal situation
- Activity
- Painting of buildingsNACE 43341and 5 others
- Establishment unit
- 2.373.504.0849860 Oosterzele, since 05-03-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 14-03-2025
Insights on S.Service
S.Service has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €44,467 and a net result of €42,800.
Its solvency ranks better than 66% of 35,008 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about S.Service
- What is the company number of S.Service?
- The company number of S.Service is 1020.687.547. The VAT number is the same number with BE in front: BE 1020.687.547.
- Where is S.Service based?
- The registered office is at Hazenwegel 25, 9860 Oosterzele.Company details
- What does S.Service do?
- According to the KBO register, the main activity is painting of buildings (NACE 43341).
- What is the legal form of S.Service?
- S.Service is a private limited company (BV).
- When was S.Service founded?
- S.Service was founded on 05-03-2025.
- Is S.Service still active?
- Yes, S.Service is an active enterprise in the KBO register.
- What is the turnover of S.Service?
- The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €55,619 and 88 comparable companies (NACE 433). It probably lies between €140,000 and €360,000.Financials
- Is S.Service profitable?
- In financial year 2025, S.Service made a profit of €42,800.
- Where can I find the annual accounts of S.Service?
- S.Service filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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