Skip to content

SERVICEHOSTING

Active
Private limited companyfounded 2024active for 2 yearsXavierlaan 15, 2960 Brecht, BelgiumKBO/BCE: BE 1015.536.550

Financials · financial year 2025, abbreviated format

2025 annual accounts filed 13 days after the deadline Filed on 13 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00399925.

Annual accounts 2025 filed on 13-08-2026 at the NBB

Turnover
€39,118
EBIT margin
-19.1%
Net result
-€7,463
Working capital
€37
Key figures and ratios
2025 value
EBITDA
-€7,463
Cash flow
-€7,463
Solvency
-29.0%
Current ratio
1.00
ROA
-39.6%
Debt
€24,299
Debt ≤ 1 year
€16,799
Debt > 1 year
€7,500
Customer credit
58 days
Supplier credit
119 days
Staff costs
€0
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 58 lines
Balance sheet Code2025
Assets
Total assets20/58€18,835
Formation expenses20€2,000
Fixed assets21/28€0
Intangible fixed assets21€0
Tangible fixed assets22/27€0
Land and buildings22€0
Plant, machinery and equipment23€0
Furniture and vehicles24€0
Leasing and similar rights25€0
Other tangible fixed assets26€0
Assets under construction and advance payments27€0
Financial fixed assets28€0
Current assets29/58€16,835
Amounts receivable within one year40/41€13,918
Trade receivables40€6,216
Other amounts receivable41€7,702
Current investments50/53€2,000
Cash at bank and in hand54/58€668
Deferred charges and accrued income490/1€250
Equity and liabilities
Total equity and liabilities10/49€18,835
Equity10/15-€5,463
Contributions10/11€0
Capital10€0
Issued capital100€2,000
Uncalled capital101€2,000
Reserves13€2,000
Non-distributable reserves130/1€2,000
Own shares acquired1312€2,000
Profit (loss) carried forward14-€7,463
Amounts payable17/49€24,299
Amounts payable after more than one year17€7,500
Financial debts170/4€7,500
Amounts payable within one year42/48€16,799
Trade debts44€14,748
Suppliers440/4€14,748
Taxes, remuneration and social security45€2,051
Taxes450/3€2,051
Income statement Code2025
Turnover70€39,118
Non-recurring operating income76A€0
Goods, raw materials, services and sundry goods60/61€45,419
Remuneration, social security and pensions62€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0
Provisions for liabilities and charges: additions (uses and reversals)635/8€0
Other operating charges640/8€0
Non-recurring operating charges66A€0
Gross operating margin9900-€7,463
Operating profit (loss)9901-€7,463
Financial income75/76B€0
Recurring financial income75€0
Profit (loss) for the period before taxes9903-€7,463
Profit (loss) for the period9904-€7,463
Profit (loss) for the period to be appropriated9905-€7,463
Appropriation of the result
Profit (loss) to be appropriated9906-€7,463
Transfer from equity791/2€0
Transfer to equity691/2€2,000
To other reserves6921€2,000
Shareholders' contribution to the loss794€2,000

The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 13-08-2026.

Line2025
Turnover70€39,118
Non-recurring operating income76A€0
Goods, raw materials, services and sundry goods60/61€45,419
Remuneration, social security and pensions62€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0
Provisions for liabilities and charges: additions (uses and reversals)635/8€0
Other operating charges640/8€0
Non-recurring operating charges66A€0
Gross operating margin9900-€7,463
Operating profit (loss)9901-€7,463
Financial income75/76B€0
Recurring financial income75€0
Profit (loss) for the period before taxes9903-€7,463
Profit (loss) for the period9904-€7,463
Profit (loss) for the period to be appropriated9905-€7,463
Line2025
Assets
Total assets20/58€18,835
Formation expenses20€2,000
Fixed assets21/28€0
Intangible fixed assets21€0
Tangible fixed assets22/27€0
Land and buildings22€0
Plant, machinery and equipment23€0
Furniture and vehicles24€0
Leasing and similar rights25€0
Other tangible fixed assets26€0
Assets under construction and advance payments27€0
Financial fixed assets28€0
Current assets29/58€16,835
Amounts receivable within one year40/41€13,918
Trade receivables40€6,216
Other amounts receivable41€7,702
Current investments50/53€2,000
Cash at bank and in hand54/58€668
Deferred charges and accrued income490/1€250
Equity and liabilities
Total equity and liabilities10/49€18,835
Equity10/15-€5,463
Contributions10/11€0
Capital10€0
Issued capital100€2,000
Uncalled capital101€2,000
Reserves13€2,000
Non-distributable reserves130/1€2,000
Own shares acquired1312€2,000
Profit (loss) carried forward14-€7,463
Amounts payable17/49€24,299
Amounts payable after more than one year17€7,500
Financial debts170/4€7,500
Amounts payable within one year42/48€16,799
Trade debts44€14,748
Suppliers440/4€14,748
Taxes, remuneration and social security45€2,051
Taxes450/3€2,051
Line2025
Profit (loss) for the period9904-€7,463
+ Depreciation and write-downs630€0
Operating cash flow (approximation)-€7,463

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 7,639 companies had the same profile as SERVICEHOSTING has now. Two years later, 8.8% had gone bankrupt and 84.9% were still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.8% went bankrupt
5.6% stopped otherwise
84.9% was still going

Another 0.7% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of SERVICEHOSTING itself is lower: 1.0% within 12 months. It rests on far more data about SERVICEHOSTING than the profile alone.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 7,639 companies, not a prediction for SERVICEHOSTING. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 13-08-2026 2026-00399925 PDF

Next steps