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SERVICE PARTNER

Active
Private limited companyfounded 199729 years activeRue des Martyrs 115, 4420 Saint-Nicolas, BelgiumKBO/BCE: BE 0459.762.083
Summary

SERVICE PARTNER has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €897,294 and a net result of €385,218. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 49% of 9,546 sector peers (NACE 43, fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
General electrical installation work
NACE 43211
#2 company by total assets in Saint-Nicolas, Construction sector1 site
Size
€2.1mtotal assets 2025
Staff
28.8 FTE
Equity
€897,294
Profit
€385,218
Net result +63%: other schema
Financial health
96 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.1%
Structure
Parent
BALTEAU I.E. · 99.87%
Accounts 31 days early0 of 11 deeds read
Why 96- Sector Specialised construction activities (NACE 43)+ Liquidity: current ratio 1.73, cash €829,550+ Founded in 1997+ Equity €897,294 (43.2% of total assets)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 66% of its sector peers (NACE 43, small)
Financial strength · tick = 2024
Strong
Solvency 68+5
equity 43.2% of total assets
Liquidity 71+14
short-term debt 55.8% · cash 40.0%
Profitability 92+11
return on assets 18.6%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,636 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025lowest value 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.3%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.1%▼ -0.2 percentage points vs 09-2026
Credit up to €85,000 at 30 days acceptable
Liquidity ample (current ratio 1.73 against 1.58 in 2024; short-term debt: 55.8% and cash: 40% of total assets), but 56.8% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, small): better than 58% on solvency, 86% on liquidity, 91% on profitability and 29% on growth.

The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Liquidity: current ratio 1.73, cash €829,550
NBB · annual accounts
lowers risk · Founded in 1997
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Sector Specialised construction activities (NACE 43)
KBO
lowers risk · Equity €897,294 (43.2% of total assets)
NBB · annual accounts
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 days early
2024
20 days early
2023
35 days early
2022
38 days early
2021
34 days early
2020
36 days early
2019
36 days 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 33 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% 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. Usually files around 27 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Highest result since 2018net €385,218 ▲63.1%
  3. Annual accounts filedfiscal year 2024 · full…

Key points

  • Positive: Among the best 6% on net resultsector median €27,689 · 9,539 companies €385,218 View
  • Positive: Result rose in 2025different schema filed ▲ 63.1% View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €385,218 8 years View
  • Controlled by BALTEAU I.E.ultimately: JSR CONSULT 99.87% View

By topic

Financials

Fiscal year
2025
Total assets
€2.1m
Profit
€385,218
Solvency
43.2%
Total assets▼ 12.0%
Net result
20182025
Go to Financials

Timeline

Events
11
Since
2017
Next accounts
by 31-07-2027
  1. 26-06-2024Annual accounts filed
  2. 23-06-2023Annual accounts filed
  3. 27-06-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
21-01-1997
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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