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SERVE2GROW

Active
Private limited companyfounded 201214 yrs activeDuinestraat(BEK) 5, 8480 Ichtegem, BelgiumKBO/BCE: BE 0842.484.293

SERVE2GROW has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €542k and a net result of €75k. Equity is growing by ~11.2% per year across the filed fiscal years. Its solvency ranks better than 79% of 37971 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
100 / 100
Excellent▲ +7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability70▲+17
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 6.16 against 4.77 in 2023), and 17.1% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 14 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
82.9%
Return on assets
11.5%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
60 d late
2023
76 d late
2022
72 d late
2021
89 d late
2020
153 d late
2019
145 d late
← before the deadline after the deadline →
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

Financials · fiscal year 2024, micro schema

Equity
€542k▲ 16.2%
2023 · €466k
2018: €293k 2019: €318k 2020: €317k 2021: €358k 2022: €417k 2023: €466k
2018 → 2024
Total assets
€654k▲ 9.8%
2023 · €595k
2018: €404k 2019: €374k 2020: €389k 2021: €445k 2022: €542k 2023: €595k
2018 → 2024
Net result
€75k▲ 51.9%
2023 · €50k
2018: €100k 2019: €25k 2020: €-1k 2021: €42k 2022: €58k 2023: €50k
2018 → 2024
Working capital
€546k▲ 16.6%
2023 · €468k
2018: €266k 2019: €288k 2020: €304k 2021: €361k 2022: €418k 2023: €468k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€317k-€358k▲ 13.1%€417k▲ 16.2%€466k▲ 11.9%€542k▲ 16.2%
Operating result€-2k-€58k€82k▲ 41.5%€67k▼ 19.0%€94k▲ 40.0%
Net result€-1k-€42k€58k▲ 39.6%€50k▼ 14.7%€75k▲ 51.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-25k€0€25k€50k€75k€100kOperating result 2020: €-2k€-2kNet result 2020: €-1k€-1kOperating result 2021: €58k€58kNet result 2021: €42k€42kOperating result 2022: €82k€82kNet result 2022: €58k€58kOperating result 2023: €67k€67kNet result 2023: €50k€50kOperating result 2024: €94k€94kNet result 2024: €75k€75k20202021202220232024
The operating result recovers in 2024; 2024 is 40% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €654k
Fixed assets €2k▼ 44.0%
Current assets €652k▲ 10.0%
Equity and liabilities €654k
Equity €542k▲ 16.2%
Debt €112k▼ 13.4%
The debt ratio falls from 21.7% to 17.1%: equity grows while debt is paid down.
Key figures and ratios
2024 value · change against 2023
EBITDA
€95k
2023 · €68k
Cash flow
€77k
2023 · €51k
Solvency
82.9%
2023 · 78.3%
Current ratio
6.16
2023 · 4.77
Quick ratio
6.16
2023 · 4.77
Debt / equity
0.21
2023 · 0.28
ROE
13.9%
2023 · 10.6%
ROA
11.5%
2023 · 8.3%
Interest coverage
30.85
2023 · 653.87
Debt
€112k
2023 · €129k
Debt ≤ 1 year
€106k
2023 · €124k
Income taxes
€28k
2023 · €21k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€595k€654k
Fixed assets21/28€3k€2k
Tangible fixed assets22/27€3k€2k
Furniture and vehicles24€3k€2k
Current assets29/58€592k€652k
Amounts receivable within one year40/41€38k€26k
Trade receivables40€21k€280
Other amounts receivable41€17k€25k
Current investments50/53-€299k
Cash at bank and in hand54/58€544k€318k
Deferred charges and accrued income490/1€10k€9k
Equity and liabilities
Total equity and liabilities10/49€595k€654k
Equity10/15€466k€542k
Contributions10/11€6k€6k=
Reserves13€449k€524k
Distributable reserves133€449k€524k
Profit (loss) carried forward14€11k€11k=
Amounts payable17/49€129k€112k
Amounts payable within one year42/48€124k€106k
Trade debts44€10k€2k
Suppliers440/4€10k€2k
Taxes, remuneration and social security45€41k€42k
Taxes450/3€25k€30k
Remuneration and social security454/9€16k€12k
Other amounts payable47/48€73k€62k
Accrued charges and deferred income492/3€5k€6k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€977€1k
Other operating charges640/8€897€1k
Gross operating margin9900€69k€96k
Operating profit (loss)9901€67k€94k
Financial income75/76B€3k€13k
Recurring financial income75€3k€13k
Financial charges65/66B€104€3k
Recurring financial charges65€104€3k
Profit (loss) for the period before taxes9903€70k€104k
Income taxes67/77€21k€28k
Profit (loss) for the period9904€50k€75k
Profit (loss) for the period to be appropriated9905€50k€75k
Appropriation of the result
Profit (loss) to be appropriated9906€61k€86k
Profit (loss) brought forward from the previous period14P€11k€11k=
Transfer to equity691/2€50k€75k
To other reserves6921€50k€75k

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
29-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial Equity above €500kEq €542k ▲16.2%
4 profitable years in a row build equity to €542k.
15-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 76 days late
2023
11-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 72 days late
2022
28-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 89 days late
2021
31-12
Financial Back to profitnet €42k
Net result €42k after one loss-making year.
31-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 153 days late
2020
31-12
Financial Weakest financial yearnet €-1k ▼106%
Net result drops to €-1k, the lowest in the series; recovery starts the following year.
23-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 145 days late
2019
25-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 86 days late
2018
26-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 57 days late
2017
29-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 director, no change since 2023
DEVRIESE Pieter Roger Yvonne
Manager · since 08-12-2023
Current
08-12-2023 Appointed as Manager
Location & real-estate footprint
Registered office, Ichtegem · 1 establishment unit since 2012
establishment The establishment unit on the map
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.

Duinestraat(BEK) 58480 Ichtegem
Ground area
1,850 m²
Building footprint
332 m²
Volume, LiDAR
1,534 m³
Parcel 35001A0120/00D000, Flanders · tallest building 8.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SERVE2GROW
Duinestraat(BEK) 5, 8480 IchtegemBusiness consulting
since 20122.206.518.188
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35001A0120/00D000 Flanders 1,850 m² 1 · 332 m² 8.5 m · 1 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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

Of 82,218 companies in sector 70200 we hold annual accounts for 52,396. 33,916 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded06-01-2012
Fiscal year end31-12
Abbreviation NL S2GR
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 13 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.