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SERVAL

Open bankruptcy
Private limited company (pre-2019)founded 2015Rue Grande(SG) 47, 7330 Saint-Ghislain, BelgiumKBO/BCE: BE 0638.993.438

A bankruptcy procedure is open for SERVAL according to publications in the Belgian State Gazette; curator: CHRISTOPHE TAQUIN.

Summary

The 2021 annual accounts show negative equity (-€23,075) and a net result of €17,393.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Hainaut, Mons division
Declared bankrupt
23 January 2023
Supervising judge
Ghislain Meurice
Official Gazette
02-02-2023 (pdf) ↗search the document for 2023/103947

Curator

  • Christophe TaquinRue Notre-Dame Debon- Naire, 18, 7000 Mons- . Date provisoire de cessation de paiement : 23/01/2023c.taquin@avocat.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 04-08-2022, 4 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 · 6 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
4 d late
2020
12 d late
2019
59 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 25 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

SERVAL was incorporated on 30 September 2015.1 Revenue fell from EUR 171,944 in 2018 to EUR 150,782 in 2021.2 On 23 January 2023 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2021
  3. 3Belgian State Gazette, 02-02-2023

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2021, micro schema

Turnover
€150,782▼ 21.0%
2020 · €190,934
EBIT margin
14.3%▲ 9.4pp
2020 · 4.9%
Net result
€17,393▲ 252%
2020 · €4,943
Working capital
-€15,717▲ 11.5%
2020 · -€17,750
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2018201920202021
Turnover€171,944-€294,123▲ 71.1%€190,934▼ 35.1%€150,782▼ 21.0%
Operating result-€29,988-€6,424€9,270▲ 44.3%€21,542▲ 132%
Net result-€35,541-€1,676€4,943▲ 195%€17,393▲ 252%
EBIT margin-17.4%-2.2%▲ 19.6pp4.9%▲ 2.7pp14.3%▲ 9.4pp
Equity-€48,787--€47,111▲ 3.4%-€42,168▲ 10.5%-€23,075▲ 45.3%
Total assets€80,286-€90,105▲ 12.2%€76,617▼ 15.0%€73,260▼ 4.4%
Debt€129,073-€137,216▲ 6.3%€118,784▼ 13.4%€96,335▼ 18.9%
Working capital-€5,655--€8,712▼ 54.1%-€17,750▼ 104%-€15,717▲ 11.5%
Staff (FTE)2.3
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
  • 2019 Turnover +71% on 2018. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000Operating result 2018: -€29,988-€29,988Net result 2018: -€35,541-€35,541Operating result 2019: €6,424€6,424Net result 2019: €1,676€1,676Operating result 2020: €9,270€9,270Net result 2020: €4,943€4,943Operating result 2021: €21,542€21,542Net result 2021: €17,393€17,3932018201920202021€0€10,000€20,000Operating result 2019: €6,424€6,420Net result 2019: €1,676€1,680Operating result 2020: €9,270€9,270Net result 2020: €4,943€4,940Operating result 2021: €21,542€21,500Net result 2021: €17,393€17,400201920202021
The operating result has risen three years in a row; 2021 is 132% above 2020 and is the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €73,260
Fixed assets €31,840 ▼ 22.7%
Current assets €41,420 ▲ 16.9%
Key figures and ratios
2021 value · change against 2020
EBITDA
€32,315▲
2020 · €24,460
Cash flow
€28,166▲
2020 · €20,134
Solvency
-31.5%▲
2020 · -55.0%
Current ratio
0.72▲
2020 · 0.67
Debt to equity
-4.17▼
2020 · -1.56
ROA
23.7%▲
2020 · 6.5%
Interest coverage
7.79
Debt ≤ 1 year
€57,137▲
2020 · €53,183
Debt > 1 year
€39,198▼
2020 · €65,601
Staff costs
€17,748
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2021 against 2020 · 40 lines
Balance sheet Code20202021
Assets
Total assets20/58€76,617€73,260▼
Fixed assets21/28€41,183€31,840▼
Tangible fixed assets22/27€37,993€28,650▼
Plant, machinery and equipment23-€9,921
Furniture and vehicles24-€18,730
Financial fixed assets28€3,190€3,190=
Current assets29/58€35,434€41,420▲
Amounts receivable within one year40/41€976-
Cash at bank and in hand54/58€62€1,626▲
Deferred charges and accrued income490/1-€39,794
Equity and liabilities
Total equity and liabilities10/49€76,617€73,260▼
Equity10/15-€42,168-€23,075▲
Contributions10/11€16,900€18,600▲
Profit (loss) carried forward14-€59,068-€41,675▲
Amounts payable17/49€118,784€96,335▼
Amounts payable after more than one year17€65,601€39,198▼
Financial debts170/4-€39,198
Amounts payable within one year42/48€53,183€57,137▲
Current portion of amounts payable after more than one year42-€26,826
Financial debts43-€4,616
Credit institutions430/8-€4,616
Trade debts44€15,772€10,168▼
Suppliers440/4-€10,168
Taxes, remuneration and social security45-€14,507
Taxes450/3-€4,862
Remuneration and social security454/9-€9,644
Other amounts payable47/48-€1,020
Income statement Code20202021
Turnover70€190,934€150,782▼
Goods, raw materials, services and sundry goods60/61-€100,718
Remuneration, social security and pensions62-€17,748
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,190€10,773▼
Gross operating margin9900€57,188€50,064▼
Operating profit (loss)9901€9,270€21,542▲
Financial charges65/66B-€4,149
Recurring financial charges65€4,326€4,149▼
Profit (loss) for the period before taxes9903€4,943€17,393▲
Profit (loss) for the period9904€4,943€17,393▲
Profit (loss) for the period to be appropriated9905€4,943€17,393▲
Appropriation of the result
Profit (loss) to be appropriated9906--€41,675
Profit (loss) brought forward from the previous period14P--€59,068

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021Change
Turnover70€171,944€294,123€190,934€150,782▼ 21.0%
Goods, raw materials, services and sundry goods60/61---€100,718-
Remuneration, social security and pensions62---€17,748-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,897€9,906€15,190€10,773▼ 29.1%
Gross operating margin9900€9,505€95,630€57,188€50,064▼ 12.5%
Operating profit (loss)9901-€29,988€6,424€9,270€21,542▲ 132%
Financial charges65/66B---€4,149-
Recurring financial charges65€5,553€4,748€4,326€4,149▼ 4.1%
Profit (loss) for the period before taxes9903-€35,541€1,676€4,943€17,393▲ 252%
Profit (loss) for the period9904-€35,541€1,676€4,943€17,393▲ 252%
Profit (loss) for the period to be appropriated9905-€35,541€1,676€4,943€17,393▲ 252%
Line2018201920202021Change
Assets
Total assets20/58€80,286€90,105€76,617€73,260▼ 4.4%
Fixed assets21/28€57,384€50,685€41,183€31,840▼ 22.7%
Tangible fixed assets22/27€57,384€50,685€37,993€28,650▼ 24.6%
Plant, machinery and equipment23---€9,921-
Furniture and vehicles24---€18,730-
Financial fixed assets28--€3,190€3,190=
Current assets29/58€22,902€39,420€35,434€41,420▲ 16.9%
Amounts receivable within one year40/41€6,709€7,002€976--
Cash at bank and in hand54/58€10,037€995€62€1,626▲ 2,510%
Deferred charges and accrued income490/1---€39,794-
Equity and liabilities
Total equity and liabilities10/49€80,286€90,105€76,617€73,260▼ 4.4%
Equity10/15-€48,787-€47,111-€42,168-€23,075▲ 45.3%
Contributions10/11€16,900€16,900€16,900€18,600▲ 10.1%
Profit (loss) carried forward14-€65,687-€64,011-€59,068-€41,675▲ 29.4%
Amounts payable17/49€129,073€137,216€118,784€96,335▼ 18.9%
Amounts payable after more than one year17€100,517€89,084€65,601€39,198▼ 40.2%
Financial debts170/4---€39,198-
Amounts payable within one year42/48€28,557€48,133€53,183€57,137▲ 7.4%
Current portion of amounts payable after more than one year42---€26,826-
Financial debts43---€4,616-
Credit institutions430/8---€4,616-
Trade debts44€2,253€4,273€15,772€10,168▼ 35.5%
Suppliers440/4---€10,168-
Taxes, remuneration and social security45---€14,507-
Taxes450/3---€4,862-
Remuneration and social security454/9---€9,644-
Other amounts payable47/48---€1,020-
Line2018201920202021Change
Profit (loss) for the period9904-€35,541€1,676€4,943€17,393▲ 252%
+ Depreciation and write-downs630€15,897€9,906€15,190€10,773▼ 29.1%
Operating cash flow (approximation)-€19,643€11,582€20,134€28,166▲ 39.9%
Investment in fixed assets (approximation)--€3,207-€5,688-€1,431▲ 74.8%
Change in cash--€9,041-€933€1,563▲ 268%

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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Timeline · acts, filings and financial milestones

2023
02-02
Bankruptcy Opening
Tribunal de l’entreprise du Hainaut, division Mons · event 23-01-2023
2022
04-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
31-12
Financial Highest result since 2018net €17,393 ▲252%
Operating result €21,542, net result €17,393, both a record.
12-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 12 days late
2020
28-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 59 days late
2019
31-12
Financial Back to profitnet €1,676
Net result €1,676 after one loss-making year.
14-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 75 days late
2018
07-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
09-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 9 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Saint-Ghislain · 1 establishment unit since 2016
seat establishment The establishment unit on the map
Ground area
206 m²
Building footprint
116 m²
Volume, LiDAR
1,433 m³
Parcel 53070B0419/00L000, Wallonia · tallest building 15.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Dinner 66
Rue Grande(SG) 47, 7330 Saint-GhislainWholesale of other food products
since 20162.246.158.130
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
53070B0419/00L000 Wallonia 206 m² 1 · 116 m² 15.7 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator CHRISTOPHE TAQUIN
RUE NOTRE-DAME DEBON- NAIRE, 18, 7000 MONS- . Date provisoire de cessation de paiement : 23/01/2023
23-01-2023 → present

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 21,859 companies in sector 56112 we hold annual accounts for 9,779. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded30-09-2015
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
56111Full-service restaurants
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 26 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.