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SERVIDA

Active
Private limited companyfounded 2011active for 15 yearsIndustriepark "De Bruwaan" 27, 9700 Oudenaarde, Belgium14 active companies are registered at this addressKBO/BCE: BE 0833.488.435
Summary

SERVIDA has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €425,145 and a net result of €1,026. Equity is growing by about 33% per year across the filed financial years. Its solvency ranks better than 72% of 1,691 sector peers (NACE 01, financial year 2024). The computed 12-month bankruptcy probability is 1.2% (low).

Financials · financial year 2024, abbreviated format

2025 annual accounts not yet filed, deadline passed on 31 May 2026 Financial year closed on 31 October 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 25 October 2026.

Equity
€425,145▲ 0.2%
2023 · €424,119
Total assets
€668,730▼ 23.9%
2023 · €878,178
Net result
€1,026▼ 96.5%
2023 · €29,679
Working capital
€341,106▲ 4.7%
2023 · €325,847
Trend over the years

2020 to 2024, 5 financial years 2018 to 2024, 7 financial years

The operating result has fallen two years in a row; 2024 is 91% below 2023 and is the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.005m 2024 Net result€0.001m 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 01, Crop and animal production, hunting and related service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2018201920202021202220232024
Operating result€0.06m-€0.04m▼ 36.8%€0.07m▲ 77.7%€0.07m▼ 1.4%€0.3m▲ 321%€0.06m▼ 79.5%€0.005m▼ 91.2%
Net result€0.04m-€0.03m▼ 29.3%€0.05mwithin the sector's middle half▲ 75.6%€0.04mwithin the sector's middle half▼ 18.5%€0.2mabove the sector's middle half▲ 434%€0.03mwithin the sector's middle half▼ 85.2%€0.001mbelow the sector's middle half▼ 96.5%
Equity€0.08m-€0.1m▲ 31.6%€0.2mwithin the sector's middle half▲ 42.1%€0.2mwithin the sector's middle half▲ 24.2%€0.4mwithin the sector's middle half▲ 104%€0.4mwithin the sector's middle half▲ 7.5%€0.4mwithin the sector's middle half▲ 0.2%
Total assets€0.3m-€0.4m▲ 30.6%€0.7mbelow the sector's middle half▲ 78.2%€1.3mwithin the sector's middle half▲ 104%€1.0mwithin the sector's middle half▼ 23.9%€0.9mwithin the sector's middle half▼ 13.3%€0.7mbelow the sector's middle half▼ 23.9%
Debt€0.2m-€0.3m▲ 30.2%€0.5m▲ 93.6%€1.1m▲ 129%€0.6m▼ 45.7%€0.5m▼ 26.5%€0.2m▼ 46.4%
Working capital€0.07m-€0.09m▲ 41.0%€0.08mwithin the sector's middle half▼ 11.6%€0.3mwithin the sector's middle half▲ 240%€0.3mwithin the sector's middle half▲ 7.9%€0.3mwithin the sector's middle half▲ 7.0%€0.3mwithin the sector's middle half▲ 4.7%
Solvency29.7%-29.9%▲ 0.2pp23.9%within the sector's middle half▼ 6.1pp14.5%within the sector's middle half▼ 9.3pp39.0%within the sector's middle half▲ 24.4pp48.3%within the sector's middle half▲ 9.3pp63.6%within the sector's middle half▲ 15.3pp
Current ratio1.34-1.37▲ 0.031.17within the sector's middle half▼ 0.201.30within the sector's middle half▲ 0.131.52within the sector's middle half▲ 0.221.74within the sector's middle half▲ 0.212.41within the sector's middle half▲ 0.67
Return on assets (ROA)13.3%-7.2%▼ 6.1pp7.1%within the sector's middle half▼ 0.1pp2.8%within the sector's middle half▼ 4.2pp19.8%above the sector's middle half▲ 17.0pp3.4%within the sector's middle half▼ 16.5pp0.2%below the sector's middle half▼ 3.2pp
above within below the middle half of NACE 01, Crop and animal production, hunting and related service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €668,730
Fixed assets €85,742 ▼ 22.2%
Current assets €582,988 ▼ 24.1%
Equity and liabilities €668,730
Equity €425,145 ▲ 0.2%
Debt €243,585 ▼ 46.4%
Debt's share of the balance-sheet total falls from 51.7% to 36.4%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€21,055▼
2023 · €76,966
Cash flow
€17,038▼
2023 · €49,060
Quick ratio
2.16▲
2023 · 1.30
Debt to equity
0.57▼
2023 · 1.07
ROE
0.2%▼
2023 · 7.0%
Interest coverage
10.57▼
2023 · 20.25
Debt ≤ 1 year
€241,882▼
2023 · €442,193
Debt > 1 year
€1,703▼
2023 · €11,867
Income taxes
€2,682▼
2023 · €24,514
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,049 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 95.9% are still going.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.4% went bankrupt
3.6% stopped otherwise
95.9% still going

For this company itself Checked computes a higher bankruptcy probability: 1.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 6,049 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 · 2024 against 2023 · 50 lines
Balance sheet Code20232024
Assets
Total assets20/58€878,178€668,730▼
Fixed assets21/28€110,139€85,742▼
Tangible fixed assets22/27€110,084€85,687▼
Plant, machinery and equipment23€94,633€80,853▼
Furniture and vehicles24€15,450€4,834▼
Financial fixed assets28€55€55=
Current assets29/58€768,039€582,988▼
Stocks and contracts in progress3€193,880€59,927▼
Stocks30/36€193,880€59,927▼
Amounts receivable within one year40/41€526,829€462,840▼
Trade receivables40€421,965€273,894▼
Other amounts receivable41€104,864€188,946▲
Cash at bank and in hand54/58€45,246€59,360▲
Deferred charges and accrued income490/1€2,085€861▼
Equity and liabilities
Total equity and liabilities10/49€878,178€668,730▼
Equity10/15€424,119€425,145▲
Contributions10/11€6,200€6,200=
Reserves13€417,919€418,945▲
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€416,059€417,085▲
Amounts payable17/49€454,059€243,585▼
Amounts payable after more than one year17€11,867€1,703▼
Financial debts170/4€11,867€1,703▼
Amounts payable within one year42/48€442,193€241,882▼
Current portion of amounts payable after more than one year42€86,048€72,832▼
Trade debts44€352,884€165,789▼
Suppliers440/4€352,884€165,789▼
Taxes, remuneration and social security45€2,676€2,676=
Taxes450/3€426€426=
Remuneration and social security454/9€2,250€2,250=
Other amounts payable47/48€586€586=
Income statement Code20232024
Non-recurring operating income76A€6,598-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19,381€16,012▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€10,648-
Other operating charges640/8€45,698€2,657▼
Non-recurring operating charges66A-€1,175
Gross operating margin9900€133,312€24,887▼
Operating profit (loss)9901€57,585€5,044▼
Financial income75/76B€408€657▲
Recurring financial income75€408€657▲
Financial charges65/66B€3,800€1,992▼
Recurring financial charges65€3,800€1,992▼
Profit (loss) for the period before taxes9903€54,192€3,708▼
Income taxes67/77€24,514€2,682▼
Profit (loss) for the period9904€29,679€1,026▼
Profit (loss) for the period to be appropriated9905€29,679€1,026▼
Appropriation of the result
Profit (loss) to be appropriated9906€29,679€1,026▼
Transfer to equity691/2€29,679€1,026▼
To other reserves6921€29,679€1,026▼

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021202220232024Change
Non-recurring operating income76A-----€6,598--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,023€3,195€3,266€14,241€19,043€19,381€16,012▼ 17.4%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-----€10,648--
Other operating charges640/8---€8,397€17,079€45,698€2,657▼ 94.2%
Non-recurring operating charges66A------€1,175-
Gross operating margin9900€66,304€42,188€72,422€89,442€317,238€133,312€24,887▼ 81.3%
Operating profit (loss)9901€60,326€38,147€67,780€66,805€281,116€57,585€5,044▼ 91.2%
Financial income75/76B---€390€858€408€657▲ 61.1%
Recurring financial income75€841€4,026€1,067€390€858€408€657▲ 61.1%
Financial charges65/66B---€15,823€6,587€3,800€1,992▼ 47.6%
Recurring financial charges65€166€88€7€15,823€6,587€3,800€1,992▼ 47.6%
Profit (loss) for the period before taxes9903€61,002€42,085€68,840€51,371€275,387€54,192€3,708▼ 93.2%
Income taxes67/77€23,784€15,781€22,637€13,711€74,448€24,514€2,682▼ 89.1%
Profit (loss) for the period9904€37,218€26,305€46,202€37,660€200,939€29,679€1,026▼ 96.5%
Profit (loss) for the period to be appropriated9905€37,218€26,305€46,202€37,660€200,939€29,679€1,026▼ 96.5%
Line2018201920202021202220232024Change
Assets
Total assets20/58€0.3m€0.4m€0.7m€1.3m€1.0m€0.9m€0.7m▼ 23.9%
Fixed assets21/28€0.02m€0.02m€0.07m€0.1m€0.1m€0.1m€0.09m▼ 22.2%
Tangible fixed assets22/27€0.02m€0.02m€0.07m€0.1m€0.1m€0.1m€0.09m▼ 22.2%
Plant, machinery and equipment23---€0.09m€0.1m€0.09m€0.08m▼ 14.6%
Furniture and vehicles24---€0.02m€0.02m€0.02m€0.005m▼ 68.7%
Financial fixed assets28€180€180--€55€55€55=
Current assets29/58€0.3m€0.4m€0.6m€1.2m€0.9m€0.8m€0.6m▼ 24.1%
Stocks and contracts in progress3€0.07m€0.1m€0.2m€0.2m€0.08m€0.2m€0.06m▼ 69.1%
Stocks30/36---€0.2m€0.08m€0.2m€0.06m▼ 69.1%
Amounts receivable within one year40/41€0.2m€0.2m€0.3m€0.9m€0.7m€0.5m€0.5m▼ 12.1%
Trade receivables40---€0.7m€0.6m€0.4m€0.3m▼ 35.1%
Other amounts receivable41---€0.2m€0.1m€0.1m€0.2m▲ 80.2%
Cash at bank and in hand54/58€0.008m€0.003m€0.04m€0.07m€0.06m€0.05m€0.06m▲ 31.2%
Deferred charges and accrued income490/1---€0.002m€0.003m€0.002m€0.001m▼ 58.7%
Equity and liabilities
Total equity and liabilities10/49€0.3m€0.4m€0.7m€1.3m€1.0m€0.9m€0.7m▼ 23.9%
Equity10/15€0.08m€0.1m€0.2m€0.2m€0.4m€0.4m€0.4m▲ 0.2%
Contributions10/11€0.006m€0.006m-€0.006m€0.006m€0.006m€0.006m=
Reserves13€0.08m€0.1m€0.1m€0.2m€0.4m€0.4m€0.4m▲ 0.2%
Non-distributable reserves130/1---€0.002m€0.002m€0.002m€0.002m=
Reserves not available under the articles1311---€0.002m€0.002m€0.002m€0.002m=
Distributable reserves133---€0.2m€0.4m€0.4m€0.4m▲ 0.2%
Amounts payable17/49€0.2m€0.3m€0.5m€1.1m€0.6m€0.5m€0.2m▼ 46.4%
Amounts payable after more than one year17---€0.2m€0.04m€0.01m€0.002m▼ 85.7%
Financial debts170/4---€0.2m€0.04m€0.01m€0.002m▼ 85.7%
Amounts payable within one year42/48€0.2m€0.3m€0.5m€0.9m€0.6m€0.4m€0.2m▼ 45.3%
Current portion of amounts payable after more than one year42---€0.2m€0.2m€0.09m€0.07m▼ 15.4%
Trade debts44€0.2m€0.2m€0.5m€0.7m€0.4m€0.4m€0.2m▼ 53.0%
Suppliers440/4---€0.7m€0.4m€0.4m€0.2m▼ 53.0%
Taxes, remuneration and social security45----€0.002m€0.003m€0.003m=
Taxes450/3-----€426€426=
Remuneration and social security454/9----€0.002m€0.002m€0.002m=
Other amounts payable47/48---€0.001m€0.001m€0.001m€0.001m=
Line2018201920202021202220232024Change
Profit (loss) for the period9904€37,218€26,305€46,202€37,660€200,939€29,679€1,026▼ 96.5%
+ Depreciation and write-downs630€5,023€3,195€3,266€14,241€19,043€19,381€16,012▼ 17.4%
Operating cash flow (approximation)€42,241€29,500€49,468€51,901€219,983€49,060€17,038▼ 65.3%
Investment in fixed assets (approximation)--€2,200-€60,320-€54,883-€30,746-€4,304€8,385-
Change in cash--€5,172€39,303€29,178-€14,158-€11,929€14,114-

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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Latest 10 of 13 filings with the National Bank
Financial year Type Filed Reference
31-10-2024 abbreviated format 23-06-2025 2025-00164113
31-10-2023 abbreviated format 07-05-2025 2025-00091291
31-10-2022 abbreviated format 31-05-2023 2023-00102900
31-10-2021 abbreviated format 31-05-2022 2022-20038867
31-10-2020 abbreviated format 23-06-2021 2021-23500461
31-10-2019 abbreviated format 10-07-2020 2020-28900316
31-10-2018 micro format 28-05-2019 2019-14900033
31-10-2017 micro format 28-06-2018 2018-25000361
31-10-2016 abbreviated format 24-10-2017 2017-67600521
31-10-2015 abbreviated format 13-05-2016 2016-12200549

Show all 13 filings

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