SERVICE 55
ActiveThe computed 12-month bankruptcy probability of SERVICE 55 is 2.6% (moderate). The 2024 annual accounts show negative equity (€-74k) and a net result of €-101k. Equity is shrinking by ~172.3% per year across the filed fiscal years. Its solvency ranks better than 8% of 3539 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
18
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-81
Solvency0▼-53
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.25 against 0.93 in 2023; short-term debt: 211.6% and cash: 0.6% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-112%
Return on assets
-151.9%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
222324
2022 to 2024 · latest year €-74k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-10-2025, 81 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
81 d late
2023
343 d late
2022
399 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-74k
2023 · €26k
2022: €17k
2023: €26k
2022 → 2024
Total assets
€66k▼ 30.7%
2023 · €96k
2022: €118k
2023: €96k
2022 → 2024
Net result
€-101k
2023 · €10k
2022: €12k
2023: €10k
2022 → 2024
Working capital
€-105k▼ 2,167%
2023 · €-5k
2022: €-18k
2023: €-5k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€17k-€26k▲ 56.3%€-74k
Operating result€15k-€14k▼ 11.6%€-96k
Net result€12k-€10k▼ 20.1%€-101k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €96k after €14k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €66k
Fixed assets
€31k▼ 17.9%
Current assets
€35k▼ 39.3%
Key figures and ratios
EBITDA
€-90k▼
2023 · €20k
Cash flow
€-94k▼
2023 · €16k
Solvency
-112.0%▼
2023 · 27.6%
Current ratio
0.25▼
2023 · 0.93
Quick ratio
0.23▼
2023 · 0.90
Debt / equity
-1.89▼
2023 · 2.62
ROA
-151.9%▼
2023 · 10.0%
Interest coverage
-100.53▼
2023 · 16.59
Debt
€141k▲
2023 · €69k
Debt ≤ 1 year
€140k▲
2023 · €62k
Debt > 1 year
€301▼
2023 · €7k
Income taxes
€3k▲
2023 · €3k
Staff costs
€101k▼
2023 · €154k
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€96k€66k▼
Fixed assets21/28€38k€31k▼
Tangible fixed assets22/27€13k€6k▼
Furniture and vehicles24€11k€4k▼
Other tangible fixed assets26€3k€2k▼
Financial fixed assets28€25k€25k=
Current assets29/58€58k€35k▼
Stocks and contracts in progress3€1k€3k▲
Stocks30/36€1k€3k▲
Amounts receivable within one year40/41€49k€31k▼
Trade receivables40€49k€31k▼
Cash at bank and in hand54/58€7k€416▼
Deferred charges and accrued income490/1€44-
Equity and liabilities
Total equity and liabilities10/49€96k€66k▼
Equity10/15€26k€-74k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€21k€-79k▼
Amounts payable17/49€69k€141k▲
Amounts payable after more than one year17€7k€301▼
Financial debts170/4€7k€301▼
Amounts payable within one year42/48€62k€140k▲
Current portion of amounts payable after more than one year42-€4k
Trade debts44€40k€82k▲
Suppliers440/4€40k€82k▲
Taxes, remuneration and social security45€15k€48k▲
Taxes450/3€10k€13k▲
Remuneration and social security454/9€5k€34k▲
Other amounts payable47/48€8k€8k▲
Income statement
Code20232024
Remuneration, social security and pensions62€154k€101k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▼
Other operating charges640/8€1k€405▼
Gross operating margin9900€176k€12k▼
Operating profit (loss)9901€14k€-96k▼
Financial income75/76B€14€21▲
Recurring financial income75€14€21▲
Financial charges65/66B€1k€891▼
Recurring financial charges65€1k€891▼
Profit (loss) for the period before taxes9903€12k€-97k▼
Income taxes67/77€3k€3k▲
Profit (loss) for the period9904€10k€-101k▼
Profit (loss) for the period to be appropriated9905€10k€-101k▼
Appropriation of the result
Profit (loss) to be appropriated9906€21k€-79k▼
Profit (loss) brought forward from the previous period14P€12k€21k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
20-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 81 days late
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 343 days late
2024
31-12
Financial
Weakest financial yearnet €-101k ▼1157%
Net result drops to €-101k, the lowest in the series.
02-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 399 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Aartselaar · 1 establishment unit since 2021
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.
Halfstraat 52630 AartselaarGround area
2,761 m²
Building footprint
916 m²
Volume, LiDAR
6,183 m³
2 parcels, Flanders · tallest building 15.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SERVICE 55
since 20212.323.856.813
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11372D0011/00N000 | Flanders | 2,538 m² | 1 · 695 m² | 10.7 m · 2 fl. |
| 11810K1943/00P000 | Flanders | 223 m² | 1 · 221 m² | 15.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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MASTIN YVES
BE 0717.626.883
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GARAGE DU LAC
BE 0434.948.592
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R&R AUTOBEKLEDING
BE 0722.607.834
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GARAGE RB
BE 0871.529.459
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Of 7,376 companies in sector 95311 we hold annual accounts for 2,959. 1,766 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-11-2021
Fiscal year end31-12
Activities, NACEBEL
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
95313Repair and fitting of specific motor vehicle parts
47820Retail sale of motor vehicle parts and accessories
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.