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Servibox

Active
Public limited companyfounded 198937 yrs activeSpoorwegbaan 20, 1742 Ternat, BelgiumKBO/BCE: BE 0438.011.913
Summary

Servibox has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.1m and a net result of €234,842. Equity is growing by ~16.2% per year across the filed fiscal years. Its solvency ranks better than 57% of 74 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability61▼-3
Solvency79▲+1
Growth65=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €280,000 at 30 days acceptable
Liquidity ample (current ratio 1.79 against 1.8 in 2024; short-term debt: 39.4% and cash: 6.7% of total assets), and 46.1% of the assets are financed with debt.
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Signals

Five 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 37 years 0 40 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 17
Relative position
BE, all sectors
reference
Manufacture of paper and paper products (NACE 17)
about 49% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
53.9%
Return on assets
3.1%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
30 d early
2024
17 d early
2023
22 d early
2022
46 d early
2021
44 d early
2020
27 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 7 accounts on average 30 days before the deadline; the sector median for financial year 2024 is 13 days before the deadline, and 34% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 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

History

On 18 July 1989, Servibox was incorporated.1 Revenue went from EUR 15 million in 2018 to EUR 17 million in 2025 and headcount from 29.7 to 34 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Turnover
€16.8m▲ 0.8%
2024 · €16.7m
EBIT margin
2.3%▼ 1.0pp
2024 · 3.3%
Net result
€234,842▼ 30.9%
2024 · €339,726
Working capital
€2.4m▲ 6.7%
2024 · €2.2m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 17, Manufacture of paper and paper products, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€19.2m▲ 20.6%€23.2m▲ 20.9%€19.6m▼ 15.7%€16.7m▼ 14.8%€16.8m▲ 0.8%
Operating result€877,744▲ 13.5%€1.4m▲ 60.3%€1.1m▼ 21.9%€549,728▼ 50.0%€392,448▼ 28.6%
Net result€589,498within the sector's middle half▲ 15.0%€974,704within the sector's middle half▲ 65.3%€758,470within the sector's middle half▼ 22.2%€339,726within the sector's middle half▼ 55.2%€234,842within the sector's middle half▼ 30.9%
EBIT margin4.6%▼ 0.3pp6.1%▲ 1.5pp5.6%▼ 0.4pp3.3%▼ 2.3pp2.3%▼ 1.0pp
Equity€2.4mwithin the sector's middle half▲ 24.9%€3.2mwithin the sector's middle half▲ 31.7%€3.8mwithin the sector's middle half▲ 17.4%€4.0mwithin the sector's middle half▲ 4.9%€4.1mwithin the sector's middle half▲ 3.9%
Total assets€7.6mwithin the sector's middle half▲ 31.2%€8.0mwithin the sector's middle half▲ 5.6%€7.7mwithin the sector's middle half▼ 4.2%€7.5mwithin the sector's middle half▼ 2.2%€7.7mwithin the sector's middle half▲ 2.0%
Debt€5.1m▲ 34.5%€4.8m▼ 6.8%€3.9m▼ 18.7%€3.5m▼ 8.8%€3.5m▼ 0.1%
Working capital€1.2m▼ 2.6%€2.3m▲ 84.0%€2.5m▲ 11.2%€2.2m▼ 11.3%€2.4m▲ 6.7%
Solvency32.3%within the sector's middle half▼ 1.6pp40.2%within the sector's middle half▲ 8.0pp49.3%within the sector's middle half▲ 9.1pp52.9%within the sector's middle half▲ 3.6pp53.9%within the sector's middle half▲ 1.0pp
Staff (FTE)35.1within the sector's middle half▲ 13.2%37.7within the sector's middle half▲ 7.4%38within the sector's middle half▲ 0.8%35.3within the sector's middle half▼ 7.1%34within the sector's middle half▼ 3.7%
above within below the middle half (P25 to P75) of NACE 17, Manufacture of paper and paper products, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€500,000€1.0m€1.5mOperating result 2021: €877,744€877,744Net result 2021: €589,498€589,498Operating result 2022: €1.4m€1.4mNet result 2022: €974,704€974,704Operating result 2023: €1.1m€1.1mNet result 2023: €758,470€758,470Operating result 2024: €549,728€549,728Net result 2024: €339,726€339,726Operating result 2025: €392,448€392,448Net result 2025: €234,842€234,84220212022202320242025€0€500,000€1mOperating result 2023: €1.1m€1.1mNet result 2023: €758,470€758,000Operating result 2024: €549,728€550,000Net result 2024: €339,726€340,000Operating result 2025: €392,448€392,000Net result 2025: €234,842€235,000202320242025
The operating result has fallen three years in a row; 2025 is 29% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.7m
Fixed assets €2.3m ▼ 9.6%
Current assets €5.4m ▲ 7.8%
Equity and liabilities €7.7m
Equity €4.1m ▲ 3.9%
Debt €3.5m ▼ 0.1%
Debt's share of the balance-sheet total falls from 47.1% to 46.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€773,246▼
2024 · €928,435
Cash flow
€615,639▼
2024 · €718,432
Current ratio
1.79▼
2024 · 1.80
Quick ratio
1.11▼
2024 · 1.18
Debt to equity
0.86▼
2024 · 0.89
ROE
5.7%▼
2024 · 8.6%
ROA
3.1%▼
2024 · 4.5%
Interest coverage
23.01=
2024 · 23.00
Debt ≤ 1 year
€3.0m▲
2024 · €2.8m
Debt > 1 year
€480,299▼
2024 · €736,852
Income taxes
€104,672▼
2024 · €142,810
Staff costs
€2.6m▼
2024 · €2.6m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 14,684 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.2% went bankrupt
3.5% stopped otherwise
96% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 14,684 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 85 lines
Balance sheet Code20242025
Assets
Total assets20/58€7.5m€7.7m▲
Fixed assets21/28€2.5m€2.3m▼
Intangible fixed assets21€17,998€5,884▼
Tangible fixed assets22/27€2.5m€2.3m▼
Land and buildings22€1.2m€1.2m▼
Plant, machinery and equipment23€652,270€588,538▼
Furniture and vehicles24€99,728€75,019▼
Leasing and similar rights25€488,932€407,575▼
Financial fixed assets28€1,509€1,407▼
Other financial fixed assets284/8€1,509€1,407▼
Amounts receivable and cash guarantees285/8€1,509€1,407▼
Current assets29/58€5.0m€5.4m▲
Amounts receivable after more than one year29€3,402€857▼
Other amounts receivable291€3,402€857▼
Stocks and contracts in progress3€1.7m€2.1m▲
Stocks30/36€1.7m€2.1m▲
Raw materials and consumables30/31€197,290€218,192▲
Work in progress32€23,373€0▼
Finished goods33€804,736€928,513▲
Goods purchased for resale34€716,433€908,703▲
Amounts receivable within one year40/41€2.4m€2.7m▲
Trade receivables40€2.4m€2.7m▲
Other amounts receivable41€54,150€37,574▼
Cash at bank and in hand54/58€781,840€515,743▼
Deferred charges and accrued income490/1€42,555€93,650▲
Equity and liabilities
Total equity and liabilities10/49€7.5m€7.7m▲
Equity10/15€4.0m€4.1m▲
Contributions10/11€136,400€136,400=
Capital10€136,400€136,400=
Issued capital100€136,400€136,400=
Reserves13€13,640€13,640=
Non-distributable reserves130/1€13,640€13,640=
Legal reserve130€13,640€13,640=
Profit (loss) carried forward14€3.8m€3.9m▲
Investment grants15-€48,258
Amounts payable17/49€3.5m€3.5m▼
Amounts payable after more than one year17€736,852€480,299▼
Financial debts170/4€736,852€480,299▼
Leasing and similar obligations172€240,682€123,235▼
Credit institutions173€496,170€357,064▼
Amounts payable within one year42/48€2.8m€3.0m▲
Current portion of amounts payable after more than one year42€253,269€256,553▲
Trade debts44€1.9m€2.1m▲
Suppliers440/4€1.9m€2.1m▲
Taxes, remuneration and social security45€454,142€515,681▲
Taxes450/3€215,165€200,601▼
Remuneration and social security454/9€238,977€315,079▲
Other amounts payable47/48€154,920€129,100▼
Accrued charges and deferred income492/3€22,671€33,670▲
Income statement Code20242025
Operating income70/76A€16.9m€17.0m▲
Turnover70€16.7m€16.8m▲
Change in stocks of work in progress, finished goods and contracts in progress71€136,038€100,404▼
Other operating income74€74,788€66,291▼
Non-recurring operating income76A€4,561€12,343▲
Operating charges60/66A€16.3m€16.6m▲
Goods for resale, raw materials and consumables60€10.5m€10.7m▲
Purchases600/8€10.5m€10.9m▲
Change in stocks: decrease (increase)609€54,352-€213,172▼
Services and other goods61€2.8m€2.9m▲
Remuneration, social security and pensions62€2.6m€2.6m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€378,707€380,798▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€7,578€6,458▼
Provisions for liabilities and charges: additions (uses and reversals)635/8-€12,601€0▲
Other operating charges640/8€47,527€57,784▲
Non-recurring operating charges66A€73€110▲
Operating profit (loss)9901€549,728€392,448▼
Financial income75/76B€5,885€8,094▲
Recurring financial income75€5,885€8,094▲
Income from current assets751€5,748€236▼
Other financial income752/9€137€7,858▲
Financial charges65/66B€73,077€61,028▼
Recurring financial charges65€73,077€61,028▼
Debt charges650€40,361€33,600▼
Other financial charges652/9€32,716€27,428▼
Profit (loss) for the period before taxes9903€482,535€339,514▼
Income taxes67/77€142,810€104,672▼
Taxes670/3€142,810€104,746▼
Tax adjustments and reversals of tax provisions77-€73
Profit (loss) for the period9904€339,726€234,842▼
Profit (loss) for the period to be appropriated9905€339,726€234,842▼
Appropriation of the result
Profit (loss) to be appropriated9906€4.0m€4.1m▲
Profit (loss) brought forward from the previous period14P€3.6m€3.8m▲
Profit to be distributed694/7€154,920€129,100▼
Return on contributions (dividend)694€154,920€129,100▼
Social balance
Average headcount (FTE)908735.334.0▼

The notes to these accounts (76 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A€19.5m€23.4m€19.6m€16.9m€17.0m▲ 0.6%
Turnover70€19.2m€23.2m€19.6m€16.7m€16.8m▲ 0.8%
Change in stocks of work in progress, finished goods and contracts in progress71€228,884€148,045-€85,293€136,038€100,404▼ 26.2%
Other operating income74€32,072€47,336€77,366€74,788€66,291▼ 11.4%
Non-recurring operating income76A---€4,561€12,343▲ 171%
Operating charges60/66A€18.6m€22.0m€18.5m€16.3m€16.6m▲ 1.6%
Goods for resale, raw materials and consumables60€13.5m€16.5m€12.7m€10.5m€10.7m▲ 1.8%
Purchases600/8€13.9m€16.3m€12.4m€10.5m€10.9m▲ 4.4%
Change in stocks: decrease (increase)609-€394,913€231,481€349,396€54,352-€213,172▼ 492%
Services and other goods61€2.6m€2.8m€2.7m€2.8m€2.9m▲ 3.7%
Remuneration, social security and pensions62€2.2m€2.4m€2.6m€2.6m€2.6m▼ 2.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€262,733€283,443€319,349€378,707€380,798▲ 0.6%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€20,487€22,289€7,578€6,458▼ 14.8%
Provisions for liabilities and charges: additions (uses and reversals)635/8--€917-€1,482-€12,601€0▲ 100%
Other operating charges640/8€43,824€36,615€33,225€47,527€57,784▲ 21.6%
Non-recurring operating charges66A---€73€110▲ 50.7%
Operating profit (loss)9901€877,744€1.4m€1.1m€549,728€392,448▼ 28.6%
Financial income75/76B€9,480€1,665€26,837€5,885€8,094▲ 37.5%
Recurring financial income75€9,480€1,665€26,837€5,885€8,094▲ 37.5%
Income from current assets751€962-€3,389€5,748€236▼ 95.9%
Other financial income752/9€8,518€1,665€23,448€137€7,858▲ 5,650%
Financial charges65/66B€72,518€78,323€86,522€73,077€61,028▼ 16.5%
Recurring financial charges65€72,518€78,323€73,738€73,077€61,028▼ 16.5%
Debt charges650€27,197€28,012€28,600€40,361€33,600▼ 16.8%
Other financial charges652/9€45,321€50,311€45,138€32,716€27,428▼ 16.2%
Non-recurring financial charges66B--€12,785---
Profit (loss) for the period before taxes9903€814,706€1.3m€1.0m€482,535€339,514▼ 29.6%
Income taxes67/77€225,208€355,459€280,890€142,810€104,672▼ 26.7%
Taxes670/3€225,818€355,459€280,890€142,810€104,746▼ 26.7%
Tax adjustments and reversals of tax provisions77€610---€73-
Profit (loss) for the period9904€589,498€974,704€758,470€339,726€234,842▼ 30.9%
Profit (loss) for the period to be appropriated9905€589,498€974,704€758,470€339,726€234,842▼ 30.9%
Line20212022202320242025Change
Assets
Total assets20/58€7.6m€8.0m€7.7m€7.5m€7.7m▲ 2.0%
Fixed assets21/28€1.8m€1.8m€2.2m€2.5m€2.3m▼ 9.6%
Intangible fixed assets21€19,423€3,279€30,300€17,998€5,884▼ 67.3%
Tangible fixed assets22/27€1.8m€1.8m€2.2m€2.5m€2.3m▼ 9.2%
Land and buildings22€738,192€722,863€738,072€1.2m€1.2m▼ 4.7%
Plant, machinery and equipment23€314,528€268,672€448,401€652,270€588,538▼ 9.8%
Furniture and vehicles24€62,860€85,778€86,177€99,728€75,019▼ 24.8%
Leasing and similar rights25€676,488€679,294€581,375€488,932€407,575▼ 16.6%
Assets under construction and advance payments27-€9,593€338,650---
Financial fixed assets28€1,509€1,509€1,509€1,509€1,407▼ 6.8%
Other financial fixed assets284/8€1,509€1,509€1,509€1,509€1,407▼ 6.8%
Amounts receivable and cash guarantees285/8€1,509€1,509€1,509€1,509€1,407▼ 6.8%
Current assets29/58€5.8m€6.2m€5.5m€5.0m€5.4m▲ 7.8%
Amounts receivable after more than one year29--€5,909€3,402€857▼ 74.8%
Other amounts receivable291--€5,909€3,402€857▼ 74.8%
Stocks and contracts in progress3€2.2m€2.1m€1.7m€1.7m€2.1m▲ 18.0%
Stocks30/36€2.2m€2.1m€1.7m€1.7m€2.1m▲ 18.0%
Raw materials and consumables30/31€142,868€97,431€149,217€197,290€218,192▲ 10.6%
Work in progress32€10,698€298€8,756€23,373€0▼ 100%
Finished goods33€618,622€777,066€683,316€804,736€928,513▲ 15.4%
Goods purchased for resale34€1.4m€1.2m€818,857€716,433€908,703▲ 26.8%
Amounts receivable within one year40/41€3.5m€3.4m€2.7m€2.4m€2.7m▲ 12.0%
Trade receivables40€3.4m€3.3m€2.7m€2.4m€2.7m▲ 13.0%
Other amounts receivable41€129,295€97,017€62,631€54,150€37,574▼ 30.6%
Current investments50/53--€352,305---
Other investments51/53--€352,305---
Cash at bank and in hand54/58€1,338€715,918€663,454€781,840€515,743▼ 34.0%
Deferred charges and accrued income490/1€79,971€41,215€41,009€42,555€93,650▲ 120%
Equity and liabilities
Total equity and liabilities10/49€7.6m€8.0m€7.7m€7.5m€7.7m▲ 2.0%
Equity10/15€2.4m€3.2m€3.8m€4.0m€4.1m▲ 3.9%
Contributions10/11€136,400€136,400€136,400€136,400€136,400=
Capital10€136,400€136,400€136,400€136,400€136,400=
Issued capital100€136,400€136,400€136,400€136,400€136,400=
Reserves13€44,060€13,640€13,640€13,640€13,640=
Non-distributable reserves130/1€13,640€13,640€13,640€13,640€13,640=
Legal reserve130€13,640€13,640€13,640€13,640€13,640=
Distributable reserves133€30,420-----
Profit (loss) carried forward14€2.3m€3.1m€3.6m€3.8m€3.9m▲ 2.8%
Investment grants15----€48,258-
Provisions and deferred taxes16€15,000€14,083€12,601---
Provisions for liabilities and charges160/5€15,000€14,083€12,601---
Other liabilities and charges164/5€15,000€14,083€12,601---
Amounts payable17/49€5.1m€4.8m€3.9m€3.5m€3.5m▼ 0.1%
Amounts payable after more than one year17€531,789€757,685€921,675€736,852€480,299▼ 34.8%
Financial debts170/4€531,789€757,685€921,675€736,852€480,299▼ 34.8%
Leasing and similar obligations172€531,789€489,380€360,233€240,682€123,235▼ 48.8%
Credit institutions173-€268,305€561,442€496,170€357,064▼ 28.0%
Amounts payable within one year42/48€4.5m€4.0m€2.9m€2.8m€3.0m▲ 8.7%
Current portion of amounts payable after more than one year42€525,883€198,509€249,719€253,269€256,553▲ 1.3%
Financial debts43€335,657€127,440----
Credit institutions430/8€335,657€127,440----
Trade debts44€3.0m€2.9m€2.0m€1.9m€2.1m▲ 10.5%
Suppliers440/4€3.0m€2.9m€2.0m€1.9m€2.1m▲ 10.5%
Taxes, remuneration and social security45€557,647€556,656€469,798€454,142€515,681▲ 13.6%
Taxes450/3€342,356€300,726€207,810€215,165€200,601▼ 6.8%
Remuneration and social security454/9€215,290€255,931€261,989€238,977€315,079▲ 31.8%
Other amounts payable47/48€100,698€198,814€214,581€154,920€129,100▼ 16.7%
Accrued charges and deferred income492/3€44,553€32,742€16,803€22,671€33,670▲ 48.5%
Line20212022202320242025Change
Profit (loss) for the period9904€589,498€974,704€758,470€339,726€234,842▼ 30.9%
+ Depreciation and write-downs630€262,733€283,443€319,349€378,707€380,798▲ 0.6%
Operating cash flow (approximation)€852,231€1.3m€1.1m€718,432€615,639▼ 14.3%
Investment in fixed assets (approximation)--€241,430-€772,846-€654,486-€140,955▲ 78.5%
Change in cash-€714,580-€52,464€118,386-€266,097▼ 325%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
01-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
14-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
09-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
15-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Highest result since 2018net €974,704 ▲65.3%
Operating result €1.4m, net result €974,704, both a record.
17-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Equity above €2mEq €2.4m ▲24.9%
4 profitable years in a row build equity to €2.4m.
04-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
10-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
04-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
21-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
04-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts

We know of 12 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
12 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, Ternat · 1 establishment unit since 1989
seat establishment The establishment unit on the map
Ground area
8,576 m²
Building footprint
4,204 m²
Volume, LiDAR
21,439 m³
Parcel 23071A0067/00E000, Flanders · tallest building 11.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
EURO-SICAL NV
Spoorwegbaan 20, 1742 TernatNACE 2112102
since 19892.044.934.697
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23071A0067/00E000 Flanders 8,576 m² 1 · 4,203 m² 11.9 m · 2 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.

Structure & network

Owners and holdings

4 owners

Chain of control

  1. SicalFR 88.61%
  2. Servibox

Highest known parent: Sical (France). The sources do not say who stands above it.

Owners 4

Holdings 0

The accounts to 31-12-2025 list no holdings, and no other source names one.

According to the 2025 annual accounts of Servibox and those of the other companies, the acts in the Belgian Gazette and the LEI register. 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 fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Public money · subsidies and aid

Flemish government

2022 to 2023 · 2 entries · 10,312 EUR awarded · 8,677 EUR paid
Year Entries awardedpaid
2023 1 5,002 EUR3,367 EUR
2022 1 5,310 EUR5,310 EUR
Schemes
2 entries · 10,312 EUR · 8,677 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 125 companies in sector 17120 we hold annual accounts for 92. 47 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded18-07-1989
Fiscal year end31-12
Activities, NACEBEL 2025
17120Manufacture of paper and paper products
17210Manufacture of paper and paper products
E-invoicing
Reachable via Peppol
Peppol ID 0208:0438011913
Registered 17-12-2025

Register as of 27 September 2026 · Peppol Directory

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