SERVANS
ActiveSummary
SERVANS has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €100,893 and a net result of €21,049. Equity is shrinking by ~3.3% per year across the filed fiscal years. Its solvency ranks better than 55% of 9521 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability83▲+1
Solvency81▼-2
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity ample (current ratio 3.17 against 3.39 in 2023; short-term debt: 30.4% and cash: 86.4% of total assets), and 44% of the assets are financed with debt.
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Signals
Four 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-05-2025, 61 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d early
2023
27 d late
2022
29 d late
2021
16 d late
2020
57 d early
2019
21 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 11 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€100,893▲ 5.3%
2023 · €95,844
Total assets
€180,142▲ 8.8%
2023 · €165,566
Net result
€21,049▲ 21.4%
2023 · €17,339
Working capital
€118,409▲ 10.0%
2023 · €107,676
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
Line20202021202220232024
Operating result€30,097▲ 24.7%-€1,462€9,371€29,817▲ 218%€31,935▲ 7.1%
Net result€21,019▲ 30.5%-€4,862€3,024€17,339▲ 473%€21,049▲ 21.4%
Equity€105,842▼ 19.0%€100,981▼ 4.6%€104,005▲ 3.0%€95,844▼ 7.8%€100,893▲ 5.3%
Total assets€208,194▲ 24.5%€167,145▼ 19.7%€174,871▲ 4.6%€165,566▼ 5.3%€180,142▲ 8.8%
Debt€77,852▲ 544%€41,665▼ 46.5%€46,367▲ 11.3%€45,222▼ 2.5%€54,750▲ 21.1%
Working capital€99,787▼ 26.3%€79,023▼ 20.8%€105,522▲ 33.5%€107,676▲ 2.0%€118,409▲ 10.0%
Staff (FTE)
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 7% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €180,142
Fixed assets
€7,043 ▼ 44.8%
Current assets
€173,099 ▲ 13.3%
Equity and liabilities €180,142
Equity
€100,893 ▲ 5.3%
Provisions
€24,500 =
Debt
€54,750 ▲ 21.1%
Debt's share of the balance-sheet total rises from 27.3% to 30.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€40,929▼
2023 · €42,024
Cash flow
€30,043▲
2023 · €29,546
Current ratio
3.17▼
2023 · 3.39
Debt to equity
0.54▲
2023 · 0.47
ROE
20.9%▲
2023 · 18.1%
ROA
11.7%▲
2023 · 10.5%
Interest coverage
71.33▲
2023 · 57.02
Debt ≤ 1 year
€54,690▲
2023 · €45,140
Income taxes
€10,507▼
2023 · €13,292
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | -€196 | €71 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €27,289 | €25,843 | €26,314 | €12,207 | €8,994 | ▼ 26.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €319 | - | - | - |
| Other operating charges640/8 | - | €446 | €386 | €837 | €423 | ▼ 49.5% |
| Gross operating margin9900 | €59,848 | €24,632 | €36,461 | €42,862 | €41,352 | ▼ 3.5% |
| Operating profit (loss)9901 | €30,097 | -€1,462 | €9,371 | €29,817 | €31,935 | ▲ 7.1% |
| Financial income75/76B | - | €15 | €3 | €1,551 | €194 | ▼ 87.5% |
| Recurring financial income75 | €101 | €15 | €3 | €1,551 | €194 | ▼ 87.5% |
| Financial charges65/66B | - | €327 | €505 | €737 | €574 | ▼ 22.1% |
| Recurring financial charges65 | €403 | €327 | €505 | €737 | €574 | ▼ 22.1% |
| Profit (loss) for the period before taxes9903 | €29,795 | -€1,774 | €8,869 | €30,631 | €31,556 | ▲ 3.0% |
| Income taxes67/77 | €8,776 | €3,087 | €5,845 | €13,292 | €10,507 | ▼ 21.0% |
| Profit (loss) for the period9904 | €21,019 | -€4,862 | €3,024 | €17,339 | €21,049 | ▲ 21.4% |
| Transfer from tax-exempt reserves789 | - | €4,900 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €21,019 | €38 | €3,024 | €17,339 | €21,049 | ▲ 21.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €208,194 | €167,145 | €174,871 | €165,566 | €180,142 | ▲ 8.8% |
| Fixed assets21/28 | €30,555 | €46,458 | €24,957 | €12,750 | €7,043 | ▼ 44.8% |
| Intangible fixed assets21 | €26,446 | €20,298 | €2,945 | - | - | - |
| Tangible fixed assets22/27 | €3,862 | €25,912 | €21,764 | €12,502 | €6,796 | ▼ 45.6% |
| Plant, machinery and equipment23 | - | €816 | €699 | €583 | €466 | ▼ 20.0% |
| Furniture and vehicles24 | - | €24,081 | €20,161 | €11,128 | €5,650 | ▼ 49.2% |
| Other tangible fixed assets26 | - | €1,015 | €903 | €791 | €680 | ▼ 14.1% |
| Financial fixed assets28 | €248 | €248 | €248 | €248 | €248 | = |
| Current assets29/58 | €177,639 | €120,688 | €149,915 | €152,816 | €173,099 | ▲ 13.3% |
| Amounts receivable within one year40/41 | €17,695 | €22,376 | €18,261 | €15,909 | €16,274 | ▲ 2.3% |
| Trade receivables40 | - | €21,463 | €18,261 | €15,869 | €16,274 | ▲ 2.6% |
| Other amounts receivable41 | - | €913 | - | €40 | - | - |
| Cash at bank and in hand54/58 | €159,107 | €97,097 | €130,727 | €135,422 | €155,574 | ▲ 14.9% |
| Deferred charges and accrued income490/1 | - | €1,215 | €927 | €1,485 | €1,250 | ▼ 15.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €208,194 | €167,145 | €174,871 | €165,566 | €180,142 | ▲ 8.8% |
| Equity10/15 | €105,842 | €100,981 | €104,005 | €95,844 | €100,893 | ▲ 5.3% |
| Contributions10/11 | - | €18,592 | €18,592 | €18,592 | €20,451 | ▲ 10.0% |
| Reserves13 | €69,259 | €64,359 | €67,379 | €59,218 | €62,408 | ▲ 5.4% |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €1,859 | - | - |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | €1,859 | - | - |
| Distributable reserves133 | - | €62,500 | €65,520 | €57,359 | €62,408 | ▲ 8.8% |
| Profit (loss) carried forward14 | €17,991 | €18,030 | €18,033 | €18,033 | €18,033 | = |
| Provisions and deferred taxes16 | €24,500 | €24,500 | €24,500 | €24,500 | €24,500 | = |
| Provisions for liabilities and charges160/5 | - | €24,500 | €24,500 | €24,500 | €24,500 | = |
| Pensions and similar obligations160 | - | €24,500 | €24,500 | €24,500 | €24,500 | = |
| Amounts payable17/49 | €77,852 | €41,665 | €46,367 | €45,222 | €54,750 | ▲ 21.1% |
| Amounts payable within one year42/48 | €77,852 | €41,665 | €44,392 | €45,140 | €54,690 | ▲ 21.2% |
| Trade debts44 | €3,504 | €10,881 | €9,602 | €9,512 | €10,116 | ▲ 6.4% |
| Suppliers440/4 | - | €10,881 | €9,602 | €9,512 | €10,116 | ▲ 6.4% |
| Taxes, remuneration and social security45 | - | €6,630 | €4,625 | €4,950 | €2,554 | ▼ 48.4% |
| Taxes450/3 | - | €6,630 | €4,625 | €4,950 | €2,554 | ▼ 48.4% |
| Other amounts payable47/48 | - | €24,153 | €30,165 | €30,678 | €42,020 | ▲ 37.0% |
| Accrued charges and deferred income492/3 | - | - | €1,974 | €82 | €60 | ▼ 26.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21,019 | -€4,862 | €3,024 | €17,339 | €21,049 | ▲ 21.4% |
| + Depreciation and write-downs630 | €27,289 | €25,843 | €26,314 | €12,207 | €8,994 | ▼ 26.3% |
| Operating cash flow (approximation) | €48,308 | €20,982 | €29,338 | €29,546 | €30,043 | ▲ 1.7% |
| Investment in fixed assets (approximation) | - | -€41,746 | -€4,812 | €0 | -€3,288 | - |
| Change in cash | - | -€62,010 | €33,630 | €4,695 | €20,152 | ▲ 329% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
31-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €21,049 ▲21.4%
Operating result €31,935, net result €21,049, both a record.
31-12
Financial
Equity above €100,000Eq €100,893 ▲5.3%
3 profitable years in a row build equity to €100,893.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Back to profitnet €3,024
Net result €3,024 after one loss-making year.
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2021
31-12
Financial
Weakest financial yearnet -€4,862
Net result drops to -€4,862, the lowest in the series; recovery starts the following year.
04-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity doublescurrent ratio 12.19
Current ratio from 5.61 to 12.19; short-term debt falls from €24,313 to €12,095.
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
Show earlier events
2018
18-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
15-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Elsene · 1 establishment unit since 1991
Ground area
98 m²
Building footprint
87 m²
Volume, LiDAR
1,390 m³
Parcel 21445C0230/00F004, Brussels · tallest building 20.7 m, ±6 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
SERVANS
since 19912.053.642.230
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21445C0230/00F004 | Brussels | 98 m² | 1 · 87 m² | 20.7 m · 6 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.
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Of 11,220 companies in sector 82100 we hold annual accounts for 3,511. 2,616 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-07-1991
Fiscal year end31-12
Activities, NACEBEL 2025
82100Office administrative and support services
73200Market research and public opinion polling
Contact
Scores and ratios are computed by Checked and are not a credit decision.