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SERVIM

Active Public limited companyfounded 1988active for 38 yearsAllée André Delvaux 6, 1410 WaterlooKBO/BCE: BE 0434.335.019 #4 company by equity in Waterloo, Professional and technical services sector
SERVIM
Financial year 2025
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Annual accounts 2025

full format, filed on 27-08-2026, 27 days late
€34,138
▲ 65.4%
€16,017
▲ 231%
€27,779
▲ 68.6%
€247,685
▼ 33.1%
85.3%
▼ 1.3 percentage points
1.26
▲ 0.33

The turnover shown is an estimate from the gross margin.

Turnover ≈ €89,000. Estimated: probably between €55,000 and €130,000.

In the rankings #4 company by equity in Waterloo, Professional and technical services sector#6 company by total assets in Waterloo, Professional and technical services sector

Money flows

no detail for 2025

Balance sheet

balance sheet total €13.4m on 31-12-2025
What the company ownsHow it is paid for

in €m

in euro

Position in the sector

Compare with sector

85.3%

Higher than 79% of 3,873 companies in 2025.

1.26

Higher than 48% of 3,727 companies in 2025.

1.8%

Higher than 44% of 3,849 companies in 2025.

SERVIM Middle half of the sector 80% of the sector Full accounts in head offices and management consultancy (NACE 70)

Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 13.4m12.9m12.6m12.1m11.8m11.3m9.2m9.2m9.0m9.1m9.3m2.5m1.8m3.8m3.8m3.8m3.8m3.8m4.2m3.6m
21/28 11.1m11.4m11.2m11.3m10.8m10.7m8.6m8.4m8.1m8.2m7.8m2.0m1.6m3.6m3.6m3.6m3.6m3.6m3.4m3.3m
22/27 1.2m716,311697,292869,525891,042912,904930,074725,581749,070780,300380,276379,721208,495184,984190,508194,249210,272226,296242,319255,648
22 896,867685,654697,292869,525891,042912,559928,697722,515744,032765,550365,263357,463178,497183,541188,584193,627198,671203,715208,757213,801
23 -----3441,3772,7544,1307,403-4819621,4431,924208416624833-
24 1,477------3139087,34715,01321,77729,036--41411,18521,95732,72941,847
27 259,05930,657------------------
28 9.9m10.7m10.5m10.4m9.9m9.8m7.7m7.7m7.4m7.4m7.4m1.6m1.4m3.4m3.4m3.4m3.4m3.4m3.2m3.1m
29/58 2.4m1.5m1.5m790,482973,261629,491542,653770,492882,792892,6281.5m475,183202,162228,791235,022223,107196,216152,907774,593233,217
29 --133,796-64,084---------------
291 --133,796-64,084---------------
40/41 360,699154,738171,150220,837164,301401,694392,187358,402448,449755,005687,755437,723135,897137,329106,402107,55098,254105,341117,82477,042
40 196,4274,310-20,000-250,655181,500151,250151,318154,856154,856124,33095,28664,85932,16032,1031,8199,0083,5296,926
41 164,272150,428171,150200,837164,301151,038210,687207,152297,131600,149532,899313,39340,61172,47074,24275,44796,43596,333114,29570,116
50/53 1.1m1.2m665,000-----------------
54/58 933,164202,313480,286566,722742,637182,955147,540408,863430,157136,374859,63533,96764,54991,462128,620115,55797,96247,566655,122155,481
490/1 4,7542,9453,1022,9232,23944,8422,9263,2274,1861,2491,7753,4931,716-----1,647694
Balance sheet: equity and liabilities
10/49 13.4m12.9m12.6m12.1m11.8m11.3m9.2m9.2m9.0m9.1m9.3m2.5m1.8m3.8m3.8m3.8m3.8m3.8m4.2m3.6m
10/15 11.5m11.2m10.9m10.2m9.8m9.2m6.9m6.6m6.4m6.5m6.3m840,357977,6092.9m2.9m2.9m2.9m2.9m3.6m2.9m
10/11 10.3m10.3m10.3m10.3m10.3m10.3m8.2m8.2m8.2m8.2m8.2m2.8m2.8m2.8m2.8m2.8m2.8m2.8m2.8m2.8m
10 10.3m10.3m10.3m10.3m10.3m---------------
100 10.3m10.3m10.3m10.3m10.3m10.3m8.2m8.2m8.2m8.2m8.2m2.8m2.8m2.8m2.8m2.8m2.8m2.8m2.8m2.8m
13 338,386338,386338,38682,00082,00082,00082,00082,00082,00082,00082,00082,00082,00082,00051,99751,99751,99751,99751,99711,997
130/1 82,00082,00082,00082,00082,00082,000--------------
130 82,00082,00082,00082,00082,00082,00082,00082,00082,00082,00082,00082,00082,00082,00051,99751,99751,99751,99751,99711,997
132 256,386256,386256,386-----------------
14 853,818617,895259,372-141,502-503,255-1.1m-1.4m-1.7m-1.9m-1.8m-2.0m-2.0m-1.9m43,27034,3986,18136,56879,260756,918117,616
16 85,46285,46285,462------64,44362,01550,000---50,91378,57470,33158,16549,144
160/5 ---------64,44362,01550,000---50,91378,57470,33158,16549,144
164/5 ---------64,443----------
168 85,46285,46285,462-----------------
17/49 1.9m1.6m1.7m1.9m2.0m2.1m2.3m2.6m2.7m2.5m2.9m1.6m839,320860,029910,659879,788810,874749,139549,875576,018
17 -----71,429214,286285,714357,143428,571428,571---------
170/4 -----71,429214,286285,714357,143428,571428,571---------
42/48 1.9m1.6m1.7m1.9m2.0m2.0m2.1m2.3m2.3m2.1m2.5m1.6m839,320860,029910,659879,788810,874749,139549,875576,018
42 ----71,42971,429---71,42971,429---------
44 132,5382,4576625303,1625041,2655,00614,0719,8083,8565,8717,2303,6471,7772,6841,2322,8512,7862,325
440/4 132,5382,4576625303,1625041,2655,00614,0719,8083,8565,8717,2303,6471,7772,6841,2322,8512,7862,325
45 --1,0974,0421,907--394,738-4,9364,6952,6234,9945,2205,2433,9681,0061,231902
450/3 --1,0974,0421,907--394,738-4,9364,6952,6234,9945,2205,2433,9681,0061,231902
47/48 1.8m1.6m1.7m1.9m1.9m1.9m2.1m2.3m2.3m2.0m2.4m1.6m829,467851,388903,662871,861805,674745,282545,858572,791
492/3 -----11,990--------------
Income statement
70 ----------------67,671---
76A 26,430-341,848---------5,882-----616,7874,200
9900 34,13820,640377,25035,82158,41458,35970,85654,98071,43455,85856,48566,34733,95246,23735,56538,34356,24521,39622,22110,640
60/61 ----------------11,426---
630 11,76211,63811,63821,51721,86117,17023,20723,49030,74935,33418,18917,52112,7835,5246,14616,02316,02316,02316,43716,074
631/4 --------348,420-----------
640/8 6,3594,1599,4039,09213,8999,6112,9601,6016,9961,3922,9407,1619,1322,1801,7272,1095,0092,6623,4575,930
66A -----------141,2532.0m----627,270--
9901 16,0174,843356,2085,21222,65331,57744,68929,889-314,73119,13235,35641,66512,03738,53327,69220,21135,2132,7112,327-11,364
75/76B 391,273361,422389,135358,584584,869269,927230,057222,750210,379201,944110,67412,59127758485271394817,515120,746228,027
75 391,273361,422389,135358,584328,556269,927230,057222,750210,379201,944110,67412,59127758485271394817,515120,746228,027
76B ----256,313---------------
65/66B 163,7044926031,8002,6843,7724,6677,1806,97172,19962,72950,25630124232751,31178,85370,61460,558152,425
65 5174926031,8002,6843,7724,6677,1806,97172,19962,72950,25630124232751,31178,85370,61460,558152,425
66B 163,187-------------------
9903 243,585365,773744,740361,996604,838297,732270,079245,459-111,323148,87783,301-137,253-1.9m38,87528,217-30,387-42,692-677,658679,30268,438
680 --85,462-----------------
67/77 7,6627,2502,019243296279------305-------13
9904 235,923358,524657,260361,753604,542297,453270,079245,459-111,323148,87783,301-137,253-1.9m38,87528,217-30,387-42,692-677,658679,30268,451
689 --256,386-----------------
9905 235,923358,524400,874361,753604,542297,453270,079245,459-111,323148,87783,301-137,253-1.9m38,87528,217-30,387-42,692-677,658679,30268,451
Appropriation of the result
9906 853,818617,895259,372-141,502-503,255-1.1m-1.4m-1.7m-1.9m-1.8m-2.0m-2.0m-1.9m73,27334,3986,18136,56879,260796,918121,116
14P 617,895259,372-141,502-503,255-1.1m---------------
691/2 -------------30,003----40,0003,500
6920 -------------30,003----40,0003,500
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 18 older financial years (1988-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 11 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 27-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 27 days after the deadline. Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00431999.

Financial year Type Filed Reference Document
31-12-2025 full format 27-08-2026 2026-00431999 PDF
31-12-2024 full format 07-07-2025 2025-00235311 PDF
31-12-2023 full format 31-07-2024 2024-00309426 PDF
31-12-2022 full format 28-06-2023 2023-00166580 PDF
31-12-2021 full format 10-06-2022 2022-20055117 PDF
31-12-2020 full format 29-07-2021 2021-41700467 PDF
31-12-2019 full format 30-10-2020 2020-67200416 PDF
31-12-2018 full format 28-08-2019 2019-55900496 PDF
31-12-2017 full format 31-08-2018 2018-54900117 PDF
31-12-2016 full format 29-08-2017 2017-55100516 PDF
31-12-2015 full format 28-08-2016 2016-52000134 PDF
31-12-2014 full format 27-08-2015 2015-49600447 PDF
31-12-2013 full format 26-08-2014 2014-47900094 PDF
31-12-2012 full format 28-08-2013 2013-51200296 PDF
31-12-2011 full format 28-08-2012 2012-48900312 PDF
31-12-2010 full format 24-08-2011 2011-44200480 PDF
31-12-2009 full format 22-08-2010 2010-43300495 PDF
31-12-2008 full format 13-08-2009 2009-57900291 PDF
31-12-2007 full format 04-08-2008 2008-53800234 PDF
31-12-2006 full format 21-08-2007 2007-60600241 PDF
31-12-2005 full format 20-07-2006 2006-50303832 PDF
31-12-2004 full format 29-07-2005 2005-60201135 PDF
31-12-2003 full format 30-07-2004 2004-55202793 PDF
31-12-2002 full format 30-07-2003 2003-54702489 PDF
31-12-2001 full format 23-08-2002 2002-49600351 PDF
31-12-2000 full format 22-08-2001 2001-51404597 PDF
31-12-1999 full format 24-08-2000 2000-52604182 PDF
31-12-1998 full format 01-09-1999 1999-43702435 PDF
31-12-1997 full format 09-06-1998 1998-15002259 PDF
31-12-1996 full format 25-06-1997 1997-20202464 PDF
31-12-1995 full format 05-08-1996 1996-39200465 PDF
31-12-1994 full format 06-07-1995 1995-37004048 PDF
31-12-1993 full format 07-09-1994 1994-38801193 PDF
31-12-1992 full format 03-06-1993 1993-09605155 PDF
31-12-1991 full format 26-08-1992 1992-29501626 PDF
31-12-1990 full format 24-07-1991 1991-19701623 PDF
31-12-1989 full format 15-06-1990 1990-09104152 PDF
31-12-1988 full format 02-06-1989 1989-06601647 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
27,77916,481367,84626,72944,51548,74867,89653,379-283,98354,46653,54559,18624,82044,05733,83836,23451,23618,73418,7644,710
247,685370,162668,898383,270626,404314,623293,286268,949-80,574184,211101,490-119,732-1.9m44,39934,363-14,364-26,669-661,635695,73984,525
509,564280,65753,154460,2141.8m2.1m227,700295,729-481453,4835.8m551,15536,29502,405-20798,7503.2m2.7m
730,851-277,972-86,436-175,915559,68335,414-261,323-21,293293,783-723,261825,668-30,582-26,913-37,15813,06317,59550,396-607,556499,641-
488,571-111,986-201,490-1.1m-991,345-1.3m-1.5m-1.5m-1.4m-1.2m-957,123-1.1m-637,158-631,238-675,637-656,681-614,658-596,232224,718-342,801
----------------52.0%---
85.3%86.7%86.2%84.6%83.4%81.8%75.1%71.9%70.5%71.4%67.8%33.9%53.8%77.3%76.0%75.4%76.5%78.2%85.6%82.4%
1.260.930.880.430.500.320.260.340.380.430.620.300.240.270.260.250.240.201.410.40
0.160.150.150.180.200.220.330.390.420.390.461.890.860.290.320.310.280.260.150.20
2.1%3.2%6.1%3.5%6.1%3.2%3.9%3.7%-1.8%2.3%1.3%-16.3%-199.2%1.3%1.0%-1.1%-1.5%-23.1%18.8%2.3%
1.8%2.8%5.2%3.0%5.1%2.6%3.0%2.7%-1.2%1.6%0.9%-5.5%-107.2%1.0%0.7%-0.8%-1.1%-18.1%16.1%1.9%
53.7133.52over 10014.8516.58---------------
----------------10 days---
----------------39 days---

EBIT margin: not included in this filing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€460,869€30,657---
Financial fixed assets€48,695€250,000€53,154€460,214€1.8m
€11,762€11,638€11,638€21,517€21,861

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on SERVIM

The operating result for 2025 is 3.3 times that of 2024. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total rises from 12.7% to 14.0%. Equity and debt are higher.

Large changes and their cause
  • 2023 Net result +82% on 2022. The 2023 profit included a one-off income of €341,848.

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