Servintec
ActiveSummary
Servintec has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €8.9m and a net result of €533,679. Equity is growing by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 4838 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability84▲+11
Solvency100=
Growth66▲+20
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85,000 at 30 days acceptable
Liquidity ample (current ratio 25.32 against 16.12 in 2023; short-term debt: 2.3% and cash: 12.6% of total assets), and 2.5% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
97.5%
Return on assets
5.9%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-10-2025, 64 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
64 d late
2023
65 d late
2022
59 d late
2021
121 d late
2020
16 d early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 49 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
In the rankings
#3 company by equity in Londerzeel, Real estate sector#7 company by total assets in Londerzeel, Real estate sector
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€893,005▲ 20.1%
2023 · €743,636
EBIT margin
75.0%▲ 20.7pp
2023 · 54.3%
Net result
€533,679▲ 82.5%
2023 · €292,436
Working capital
€5.1m▲ 11.2%
2023 · €4.6m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€723,597▼ 2.9%€733,669▲ 1.4%€727,340▼ 0.9%€743,636▲ 2.2%€893,005▲ 20.1%
Operating result€403,711▼ 7.9%€439,414▲ 8.8%€440,735▲ 0.3%€404,013▼ 8.3%€670,195▲ 65.9%
Net result€287,342above the sector's middle half▼ 3.7%€305,789above the sector's middle half▲ 6.4%€313,646above the sector's middle half▲ 2.6%€292,436above the sector's middle half▼ 6.8%€533,679above the sector's middle half▲ 82.5%
EBIT margin55.8%▼ 3.0pp59.9%▲ 4.1pp60.6%▲ 0.7pp54.3%▼ 6.3pp75.0%▲ 20.7pp
Equity€7.4mabove the sector's middle half▲ 4.1%€7.7mabove the sector's middle half▲ 4.1%€8.1mabove the sector's middle half▲ 4.1%€8.3mabove the sector's middle half▲ 3.6%€8.9mabove the sector's middle half▲ 6.4%
Total assets€7.6mwithin the sector's middle half▼ 1.0%€7.8mwithin the sector's middle half▲ 3.8%€8.3mwithin the sector's middle half▲ 5.3%€8.7mwithin the sector's middle half▲ 4.9%€9.1mwithin the sector's middle half▲ 5.1%
Debt€107,677▼ 77.1%€91,512▼ 15.0%€195,950▲ 114%€308,385▲ 57.4%€214,749▼ 30.4%
Working capital€5.2mabove the sector's middle half▲ 7.2%€5.5mabove the sector's middle half▲ 6.5%€4.6mabove the sector's middle half▼ 16.8%€4.6mabove the sector's middle half▲ 1.3%€5.1mabove the sector's middle half▲ 11.2%
Solvency98.3%above the sector's middle half▲ 4.8pp98.6%above the sector's middle half▲ 0.3pp97.4%above the sector's middle half▼ 1.2pp96.3%above the sector's middle half▼ 1.2pp97.5%above the sector's middle half▲ 1.2pp
Current ratio54.72above the sector's middle half▲ 43.4069.28above the sector's middle half▲ 14.5624.97above the sector's middle half▼ 44.3216.12above the sector's middle half▼ 8.8425.32above the sector's middle half▲ 9.20
Return on assets (ROA)3.8%within the sector's middle half▼ 0.1pp3.9%within the sector's middle half▲ 0.1pp3.8%within the sector's middle half▼ 0.1pp3.4%within the sector's middle half▼ 0.4pp5.9%above the sector's middle half▲ 2.5pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 66% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €9.1m
Fixed assets
€3.7m ▲ 0.4%
Current assets
€5.4m ▲ 8.6%
Equity and liabilities €9.1m
Equity
€8.9m ▲ 6.4%
Provisions
€12,727 ▼ 10.1%
Debt
€214,749 ▼ 30.4%
Debt's share of the balance-sheet total falls from 3.6% to 2.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€683,108▲
2023 · €424,020
Cash flow
€546,592▲
2023 · €312,442
Debt to equity
0.02▼
2023 · 0.04
ROE
6.0%▲
2023 · 3.5%
Interest coverage
8757.79▲
2023 · -88.31
Debt ≤ 1 year
€211,563▼
2023 · €305,910
Income taxes
€206,240▲
2023 · €117,806
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,577 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 97% are still going.
- Medium-sized
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.1%
went bankrupt
3.1%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 1,577 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €734,626 | €727,340 | €743,636 | €893,005 | ▲ 20.1% |
| Turnover70 | €723,597 | €733,669 | €727,340 | €743,636 | €893,005 | ▲ 20.1% |
| Other operating income74 | - | €956 | - | - | - | - |
| Operating charges60/66A | - | €295,212 | €286,605 | €339,622 | €222,810 | ▼ 34.4% |
| Services and other goods61 | - | €171,797 | €165,527 | €204,374 | €86,343 | ▼ 57.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €51,873 | €30,712 | €22,697 | €20,006 | €12,913 | ▼ 35.5% |
| Other operating charges640/8 | - | €92,703 | €98,381 | €115,242 | €123,554 | ▲ 7.2% |
| Operating profit (loss)9901 | €403,711 | €439,414 | €440,735 | €404,013 | €670,195 | ▲ 65.9% |
| Financial income75/76B | - | €11 | €56 | - | €69,029 | - |
| Recurring financial income75 | €584 | €11 | €56 | - | €69,029 | - |
| Income from financial fixed assets750 | - | - | - | - | €69,029 | - |
| Other financial income752/9 | - | €11 | €56 | - | - | - |
| Financial charges65/66B | - | €31,684 | €22,597 | -€4,802 | €732 | ▲ 115% |
| Recurring financial charges65 | €21,142 | €31,684 | €22,597 | -€4,802 | €732 | ▲ 115% |
| Debt charges650 | €21,142 | €31,670 | €27 | - | €78 | - |
| Other financial charges652/9 | - | €15 | €22,570 | -€4,802 | €654 | ▲ 114% |
| Profit (loss) for the period before taxes9903 | €383,154 | €407,741 | €418,194 | €408,815 | €738,492 | ▲ 80.6% |
| Transfer from deferred taxes780 | - | €1,427 | €1,427 | €1,427 | €1,427 | = |
| Income taxes67/77 | €97,238 | €103,379 | €105,975 | €117,806 | €206,240 | ▲ 75.1% |
| Taxes670/3 | - | €103,379 | €105,975 | €117,806 | €206,240 | ▲ 75.1% |
| Profit (loss) for the period9904 | €287,342 | €305,789 | €313,646 | €292,436 | €533,679 | ▲ 82.5% |
| Transfer from tax-exempt reserves789 | - | €4,280 | €4,280 | €4,280 | €4,280 | = |
| Profit (loss) for the period to be appropriated9905 | €291,623 | €310,069 | €317,926 | €296,716 | €537,959 | ▲ 81.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €7.6m | €7.8m | €8.3m | €8.7m | €9.1m | ▲ 5.1% |
| Fixed assets21/28 | €2.3m | €2.3m | €3.5m | €3.7m | €3.7m | ▲ 0.4% |
| Tangible fixed assets22/27 | €2.3m | €2.3m | €2.3m | €2.2m | €2.2m | ▲ 0.6% |
| Land and buildings22 | - | €2.3m | €2.3m | €2.2m | €2.2m | ▲ 0.6% |
| Financial fixed assets28 | €375 | €375 | €1.3m | €1.5m | €1.5m | = |
| Affiliated companies280/1 | - | - | €1.3m | €1.5m | €1.5m | = |
| Amounts receivable281 | - | - | €1.3m | €1.5m | €1.5m | = |
| Other financial fixed assets284/8 | - | €375 | €375 | €375 | €375 | = |
| Amounts receivable and cash guarantees285/8 | - | €375 | €375 | €375 | €375 | = |
| Current assets29/58 | €5.3m | €5.6m | €4.8m | €4.9m | €5.4m | ▲ 8.6% |
| Amounts receivable after more than one year29 | - | - | - | - | €1.3m | - |
| Other amounts receivable291 | - | - | - | - | €1.3m | - |
| Amounts receivable within one year40/41 | €94,132 | €91,941 | €54,741 | €1.3m | €1.9m | ▲ 40.7% |
| Trade receivables40 | - | €37,807 | €33,545 | €7,029 | €47,353 | ▲ 574% |
| Other amounts receivable41 | - | €54,133 | €21,196 | €1.3m | €1.8m | ▲ 37.9% |
| Cash at bank and in hand54/58 | €5.2m | €5.5m | €4.4m | €2.9m | €1.1m | ▼ 60.9% |
| Deferred charges and accrued income490/1 | - | - | €329,677 | €666,968 | €974,057 | ▲ 46.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €7.6m | €7.8m | €8.3m | €8.7m | €9.1m | ▲ 5.1% |
| Equity10/15 | €7.4m | €7.7m | €8.1m | €8.3m | €8.9m | ▲ 6.4% |
| Contributions10/11 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Capital10 | - | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Issued capital100 | - | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Reserves13 | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | ▼ 0.3% |
| Non-distributable reserves130/1 | - | €376,800 | €376,800 | €376,800 | €376,800 | = |
| Legal reserve130 | - | €376,800 | €376,800 | €376,800 | €376,800 | = |
| Tax-exempt reserves132 | - | €51,022 | €46,741 | €42,461 | €38,181 | ▼ 10.1% |
| Distributable reserves133 | - | €991,574 | €991,574 | €991,574 | €991,574 | = |
| Profit (loss) carried forward14 | €5.9m | €6.2m | €6.5m | €6.8m | €7.4m | ▲ 7.9% |
| Provisions and deferred taxes16 | €18,434 | €17,007 | €15,580 | €14,154 | €12,727 | ▼ 10.1% |
| Deferred taxes168 | - | €17,007 | €15,580 | €14,154 | €12,727 | ▼ 10.1% |
| Amounts payable17/49 | €107,677 | €91,512 | €195,950 | €308,385 | €214,749 | ▼ 30.4% |
| Amounts payable within one year42/48 | €95,940 | €80,382 | €190,596 | €305,910 | €211,563 | ▼ 30.8% |
| Trade debts44 | €66,431 | €53,979 | €57,767 | €82,129 | €6,991 | ▼ 91.5% |
| Suppliers440/4 | - | €53,979 | €57,767 | €82,129 | €6,991 | ▼ 91.5% |
| Taxes, remuneration and social security45 | - | €0 | €106,427 | €223,781 | €204,572 | ▼ 8.6% |
| Taxes450/3 | - | €0 | €106,427 | €223,781 | €204,572 | ▼ 8.6% |
| Other amounts payable47/48 | - | €26,403 | €26,403 | - | - | - |
| Accrued charges and deferred income492/3 | - | €11,130 | €5,353 | €2,475 | €3,187 | ▲ 28.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €287,342 | €305,789 | €313,646 | €292,436 | €533,679 | ▲ 82.5% |
| + Depreciation and write-downs630 | €51,873 | €30,712 | €22,697 | €20,006 | €12,913 | ▼ 35.5% |
| Operating cash flow (approximation) | €339,216 | €336,500 | €336,342 | €312,442 | €546,592 | ▲ 74.9% |
| Investment in fixed assets (approximation) | - | €0 | -€1.3m | -€250,000 | -€26,552 | ▲ 89.4% |
| Change in cash | - | €321,100 | -€1.1m | -€1.5m | -€1.8m | ▼ 22.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
03-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 64 days late
2024
31-12
Financial
Highest result since 2018net €533,679 ▲82.5%
Operating result €670,195, net result €533,679, both a record.
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 65 days late
2023
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 59 days late
2022
29-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 121 days late
2021
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €287,342 ▼3.7%
Net result drops to €287,342, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 5current ratio 54.72
Current ratio from 11.33 to 54.72; short-term debt falls from €465,726 to €95,940.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
17-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
14-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 15 acts read
About the unread acts
We know of 15 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
15 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, Londerzeel · 1 establishment unit since 1984
Ground area
4.0 ha
Building footprint
462 m²
Volume, LiDAR
3,151 m³
Parcel 23048B0281/00F003, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
9
companies at this address
See who is registered here
1 establishment unit
Marnixlaan 24, 1050 Elsene
since 19842.024.701.883
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23048B0281/00F003 | Flanders | 4.0 ha | 1 · 462 m² | 9.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerOwners 1
-
50%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 588 companies in sector 68204 we hold annual accounts for 318. 110 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded27-12-1983
Fiscal year end31-12
Activities, NACEBEL 2025
68204Real estate activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0426127631
Registered
27-03-2026
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.