Summary
Servatis is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €685,229 and a net result of €212,922. Equity is shrinking by about 4.5% per year across the filed financial years. Its solvency ranks better than 26% of 1,832 sector peers (NACE 66, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Staff
- 7.2 FTE
- Equity
- €685,229
- Profit
- €212,922
- Parent
- FRANK VANBEGIN · 100%
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
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Signals
This company filed its last 3 accounts on average 29 days before the deadline; the sector median (NACE 66) for financial year 2024 is 5 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
- Resignation: Stijn Vrijdag (member of the…Gazette deed
- Annual accounts filedfinancial year 2025 · abbreviated…
- Highest result from 2023 to 2025net €212,922 ▲120%
Financials · financial year 2025, abbreviated format
2023 to 2025, 3 financial years
The operating result recovers in 2025; 2025 is 65% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 66, Activities auxiliary to financial services and insurance activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €0.4m | €0.5m | €0.6m | ▲ 11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.2m | €0.5m | €0.5m | ▲ 1.0% |
| Other operating charges640/8 | €0.002m | €0.002m | €0.003m | ▲ 65.2% |
| Gross operating margin9900 | €0.9m | €1.2m | €1.4m | ▲ 17.6% |
| Operating profit (loss)9901 | €0.3m | €0.2m | €0.4m | ▲ 65.1% |
| Financial income75/76B | €27 | €0.005m | €0.004m | ▼ 2.9% |
| Recurring financial income75 | €27 | €0.005m | €0.004m | ▼ 2.9% |
| Financial charges65/66B | €0.009m | €0.09m | €0.09m | ▼ 8.4% |
| Recurring financial charges65 | €0.009m | €0.09m | €0.09m | ▼ 8.4% |
| Profit (loss) for the period before taxes9903 | €0.3m | €0.1m | €0.3m | ▲ 111% |
| Income taxes67/77 | €0.07m | €0.04m | €0.09m | ▲ 92.1% |
| Profit (loss) for the period9904 | €0.2m | €0.1m | €0.2m | ▲ 120% |
| Profit (loss) for the period to be appropriated9905 | €0.2m | €0.1m | €0.2m | ▲ 120% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €4.9m | €4.6m | €4.2m | ▼ 7.7% |
| Fixed assets21/28 | €4.4m | €3.9m | €3.5m | ▼ 11.5% |
| Intangible fixed assets21 | €4.3m | €3.8m | €3.4m | ▼ 11.8% |
| Tangible fixed assets22/27 | €0.09m | €0.09m | €0.09m | ▼ 2.3% |
| Plant, machinery and equipment23 | €0.02m | €0.02m | €0.01m | ▼ 32.0% |
| Furniture and vehicles24 | €0.07m | €0.07m | €0.07m | ▲ 7.4% |
| Other tangible fixed assets26 | €0.002m | €0.008m | €0.006m | ▼ 24.1% |
| Financial fixed assets28 | €0.008m | €0.008m | €0.008m | = |
| Current assets29/58 | €0.5m | €0.6m | €0.7m | ▲ 15.7% |
| Amounts receivable within one year40/41 | €0.2m | €0.2m | €0.1m | ▼ 32.2% |
| Trade receivables40 | €0.2m | €0.2m | €0.1m | ▼ 32.2% |
| Current investments50/53 | - | €0.3m | - | - |
| Cash at bank and in hand54/58 | €0.3m | €0.2m | €0.6m | ▲ 243% |
| Deferred charges and accrued income490/1 | €0.004m | €0.02m | €0.02m | ▼ 16.6% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €4.9m | €4.6m | €4.2m | ▼ 7.7% |
| Equity10/15 | €0.7m | €0.7m | €0.7m | ▲ 1.6% |
| Contributions10/11 | €0.7m | €0.7m | €0.7m | = |
| Capital10 | €0.7m | €0.7m | €0.7m | = |
| Issued capital100 | €0.7m | €0.7m | €0.7m | = |
| Reserves13 | €0.02m | €0.02m | €0.04m | ▲ 43.3% |
| Non-distributable reserves130/1 | €0.02m | €0.02m | €0.04m | ▲ 43.3% |
| Legal reserve130 | €0.02m | €0.02m | €0.04m | ▲ 43.3% |
| Profit (loss) carried forward14 | €0.08m | - | - | - |
| Provisions and deferred taxes16 | - | - | €0.006m | - |
| Provisions for liabilities and charges160/5 | - | - | €0.006m | - |
| Other liabilities and charges164/5 | - | - | €0.006m | - |
| Amounts payable17/49 | €4.2m | €3.9m | €3.5m | ▼ 9.5% |
| Amounts payable after more than one year17 | €3.6m | €3.2m | €2.8m | ▼ 13.5% |
| Financial debts170/4 | €3.6m | €3.2m | €2.8m | ▼ 13.5% |
| Amounts payable within one year42/48 | €0.5m | €0.6m | €0.7m | ▲ 10.7% |
| Current portion of amounts payable after more than one year42 | €0.4m | €0.4m | €0.3m | ▼ 22.5% |
| Trade debts44 | €0.01m | €0.08m | €0.03m | ▼ 62.0% |
| Suppliers440/4 | €0.01m | €0.08m | €0.03m | ▼ 62.0% |
| Taxes, remuneration and social security45 | €0.05m | €0.1m | €0.2m | ▲ 91.6% |
| Taxes450/3 | €0.01m | €0.04m | €0.1m | ▲ 196% |
| Remuneration and social security454/9 | €0.04m | €0.06m | €0.06m | ▲ 10.6% |
| Other amounts payable47/48 | €0.1m | €0.09m | €0.2m | ▲ 120% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €197,153 | €96,612 | €212,922 | ▲ 120% |
| + Depreciation and write-downs630 | €240,159 | €474,472 | €479,234 | ▲ 1.0% |
| Operating cash flow (approximation) | €437,311 | €571,083 | €692,156 | ▲ 21.2% |
| Investment in fixed assets (approximation) | - | -€20,563 | -€26,553 | ▼ 29.1% |
| Change in cash | - | -€152,487 | €416,031 | ▲ 373% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Similar companies · same sector, comparable size
Public contracts: not fully processed yet. The notices from April 2021 to September 2026 are still being read.
Directors
Mandate history
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Stijn Vrijdag |
|
Owners and capital
Owners
2 ownersChain of control
- AMANDAAN
- FRANK VANBEGIN
- Servatis
Highest known parent: AMANDAAN. The sources do not say who stands above it.
Owners 2
- FRANK VANBEGINparent100%
-
37.38%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Group and network
Connections & network
No directors read yet: 1 of 2 Gazette acts processed.
History
Acts, filings and financial milestones
29-07
Gazette deed
Resignation: Stijn Vrijdag (member of the management board)2 facts ▸
- General meeting, 18-05-2026
- Director resignation, Stijn Vrijdag (member of the management board)
About the unread acts
Of the 2 Belgian Official Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 10 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
5 establishment units
5 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23093F0500/00P003 | Flanders | 2,144 m² | 1 · 289 m² | 9.8 m · 1 |
| 23045C0667/00D005 | Flanders | 1,017 m² | 1 · 493 m² | - |
| 23602K0142/00L003 | Flanders | 432 m² | 1 · 219 m² | 9.8 m · 1 |
| 23752F0076/00H002 | Flanders | 398 m² | 1 · 248 m² | 9.6 m · 2 |
| 23039A0168/00P005 | Flanders | 185 m² | 1 · 98 m² | - |