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Servio

Active
Non-profit associationfounded 195372 yrs activeOvervloedstraat 23, 1210 Sint-Joost-ten-Node, BelgiumKBO/BCE: BE 0410.668.405
Summary

Servio has been active since 1953 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.2m and a net result of -€309,721. Equity is shrinking by ~3.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability12▼-18
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €430,000 at 30 days acceptable
short-term debt: 0% and cash: 3.1% of total assets, and 0% of the assets are financed with debt.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 72 years 0 80 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
100%
Return on assets
-5%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€309,721
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 10-05-2026, 82 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
82 d early
2024
33 d early
2023
71 d early
2022
96 d early
2021
97 d early
2020
107 d early
2019
137 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 89 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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.
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 21 November 1953, Servio was incorporated.1 Total assets went from EUR 7.7 million in 2018 to EUR 6.2 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€309,721▼ 51.1%
2024 · -€204,997
Working capital
€4.7m▼ 6.2%
2024 · €5.0m
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€136,841▲ 68.2%-€412,633▼ 202%-€387,301▲ 6.1%-€315,276▲ 18.6%-€378,655▼ 20.1%
Net result-€44,256▲ 89.3%-€359,373▼ 712%-€135,530▲ 62.3%-€204,997▼ 51.3%-€309,721▼ 51.1%
Equity€7.2m▼ 0.6%€6.8m▼ 5.0%€6.7m▼ 2.0%€6.5m▼ 3.0%€6.2m▼ 4.8%
Total assets€7.2m▼ 0.6%€6.8m▼ 5.0%€6.7m▼ 2.0%€6.5m▼ 3.0%€6.2m▼ 4.8%
Debt€5,355▲ 236%€2,927▼ 45.3%€1,687▼ 42.3%€696▼ 58.7%€815▲ 17.0%
Working capital€5.7m▼ 0.8%€5.4m▼ 6.3%€5.2m▼ 2.5%€5.0m▼ 3.8%€4.7m▼ 6.2%
Staff (FTE)
Result per fiscal year
Operating resultNet result
-€600,000-€400,000-€200,000€0Operating result 2021: -€136,841-€136,841Net result 2021: -€44,256-€44,256Operating result 2022: -€412,633-€412,633Net result 2022: -€359,373-€359,373Operating result 2023: -€387,301-€387,301Net result 2023: -€135,530-€135,530Operating result 2024: -€315,276-€315,276Net result 2024: -€204,997-€204,997Operating result 2025: -€378,655-€378,655Net result 2025: -€309,721-€309,72120212022202320242025-€400,000-€300,000-€200,000-€100,000€0Operating result 2023: -€387,301-€387,000Net result 2023: -€135,530-€136,000Operating result 2024: -€315,276-€315,000Net result 2024: -€204,997-€205,000Operating result 2025: -€378,655-€379,000Net result 2025: -€309,721-€310,000202320242025
The operating result stays negative: a loss of €378,655 in 2025 against €315,276 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.2m
Fixed assets €1.5m =
Current assets €4.7m ▼ 6.2%
Equity and liabilities €6.2m
Equity €6.2m ▼ 4.8%
Debt €815 ▲ 17.0%
Debt's share of the balance-sheet total stays at 0.0%.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€378,217▼
2024 · -€314,838
Cash flow
-€309,283▼
2024 · -€204,560
Debt to equity
0.00▲
2024 · 0.00
ROE
-5.0%▼
2024 · -3.2%
ROA
-5.0%▼
2024 · -3.2%
Interest coverage
-72.85▼
2024 · 9.01
Debt ≤ 1 year
€815▲
2024 · €696
A ratio outside any meaningful range has been withheld (balance sheet total €6.2m, equity €6.2m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 825 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 96% are still going.

  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.6% went bankrupt
2.8% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

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%.

The companies in ten equal groups, from lowest to highest expected share.
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 825 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 · 2025 against 2024 · 35 lines
Balance sheet Code20242025
Assets
Total assets20/58€6.5m€6.2m▼
Fixed assets21/28€1.5m€1.5m=
Tangible fixed assets22/27€966,909€966,471=
Land and buildings22€965,304€965,304=
Furniture and vehicles24€1,605€1,167▼
Financial fixed assets28€501,844€502,900▲
Current assets29/58€5.0m€4.7m▼
Current investments50/53€4.8m€4.5m▼
Cash at bank and in hand54/58€187,115€191,598▲
Deferred charges and accrued income490/1€2,058-
Equity and liabilities
Total equity and liabilities10/49€6.5m€6.2m▼
Equity10/15€6.5m€6.2m▼
Contributions10/11€6.5m€6.5m=
Capital10€6.5m€6.5m=
Profit (loss) carried forward14-€14,149-€323,870▼
Amounts payable17/49€696€815▲
Amounts payable within one year42/48€696€815▲
Trade debts44€696€815▲
Suppliers440/4€696€815▲
Income statement Code20242025
Non-recurring operating income76A€8-
Goods, raw materials, services and sundry goods60/61€52,458-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€438€438=
Other operating charges640/8€295,064€340,978▲
Gross operating margin9900-€19,774-€37,239▼
Operating profit (loss)9901-€315,276-€378,655▼
Financial income75/76B€75,351€77,231▲
Recurring financial income75€75,351€77,231▲
Financial charges65/66B-€34,928€8,297▲
Recurring financial charges65-€34,928€5,192▲
Non-recurring financial charges66B-€3,106
Profit (loss) for the period before taxes9903-€204,997-€309,721▼
Profit (loss) for the period9904-€204,997-€309,721▼
Profit (loss) for the period to be appropriated9905-€204,997-€309,721▼
Appropriation of the result
Profit (loss) to be appropriated9906-€14,149-€323,870▼
Profit (loss) brought forward from the previous period14P€190,848-€14,149▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A--€2,851€8--
Goods, raw materials, services and sundry goods60/61€68,287€67,939€62,789€52,458--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€922€438€438€438€438=
Other operating charges640/8€307,842€312,593€367,341€295,064€340,978▲ 15.6%
Non-recurring operating charges66A-€32,722----
Gross operating margin9900€171,923-€66,880-€19,522-€19,774-€37,239▼ 88.3%
Operating profit (loss)9901-€136,841-€412,633-€387,301-€315,276-€378,655▼ 20.1%
Financial income75/76B€77,552€175,458€208,373€75,351€77,231▲ 2.5%
Recurring financial income75€77,552€175,458€208,373€75,351€77,231▲ 2.5%
Financial charges65/66B-€15,033€122,198-€43,397-€34,928€8,297▲ 124%
Recurring financial charges65-€15,033€122,198-€43,397-€34,928€5,192▲ 115%
Non-recurring financial charges66B----€3,106-
Profit (loss) for the period before taxes9903-€44,256-€359,373-€135,530-€204,997-€309,721▼ 51.1%
Profit (loss) for the period9904-€44,256-€359,373-€135,530-€204,997-€309,721▼ 51.1%
Profit (loss) for the period to be appropriated9905-€44,256-€359,373-€135,530-€204,997-€309,721▼ 51.1%
Line20212022202320242025Change
Assets
Total assets20/58€7.2m€6.8m€6.7m€6.5m€6.2m▼ 4.8%
Fixed assets21/28€1.5m€1.5m€1.5m€1.5m€1.5m=
Tangible fixed assets22/27€968,222€967,784€967,347€966,909€966,471=
Land and buildings22€965,304€965,304€965,304€965,304€965,304=
Furniture and vehicles24€2,918€2,480€2,043€1,605€1,167▼ 27.3%
Financial fixed assets28€500,748€501,450€501,840€501,844€502,900▲ 0.2%
Current assets29/58€5.7m€5.4m€5.2m€5.0m€4.7m▼ 6.2%
Current investments50/53€5.4m€5.1m€5.0m€4.8m€4.5m▼ 6.5%
Cash at bank and in hand54/58€310,757€241,540€184,397€187,115€191,598▲ 2.4%
Deferred charges and accrued income490/1€10,495€1,735€3,554€2,058--
Equity and liabilities
Total equity and liabilities10/49€7.2m€6.8m€6.7m€6.5m€6.2m▼ 4.8%
Equity10/15€7.2m€6.8m€6.7m€6.5m€6.2m▼ 4.8%
Contributions10/11-€6.5m€6.5m€6.5m€6.5m=
Capital10-€6.5m€6.5m€6.5m€6.5m=
Profit (loss) carried forward14€681,723€322,350€186,819-€14,149-€323,870▼ 2,189%
Amounts payable17/49€5,355€2,927€1,687€696€815▲ 17.0%
Amounts payable within one year42/48€5,355€2,927€1,687€696€815▲ 17.0%
Trade debts44€5,355€2,927€1,687€696€815▲ 17.0%
Suppliers440/4€5,355€2,927€1,687€696€815▲ 17.0%
Line20212022202320242025Change
Profit (loss) for the period9904-€44,256-€359,373-€135,530-€204,997-€309,721▼ 51.1%
+ Depreciation and write-downs630€922€438€438€438€438=
Operating cash flow (approximation)-€43,334-€358,935-€135,093-€204,560-€309,283▼ 51.2%
Investment in fixed assets (approximation)--€702-€390-€4-€1,056▼ 23,461%
Change in cash--€69,217-€57,143€2,718€4,483▲ 65.0%

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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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
03-09
State Gazette act General meeting · Other statement
Auditor report · Dissolution
10-05
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
28-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Liquidity doublescurrent ratio 7206.89
Current ratio from 3093.26 to 7206.89; short-term debt falls from €1,687 to €696.
21-05
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
26-04
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
25-04
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
15-04
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Liquidity triplescurrent ratio 3614.62
Current ratio from 1337.62 to 3614.62; short-term debt falls from €4,706 to €1,594.
16-03
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
25-02
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
07-04
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
13-03
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts

We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
9 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, Sint-Joost-ten-Node
exact location from the address register On OpenStreetMap
Ground area
339 m²
Building footprint
225 m²
Volume, LiDAR
3,382 m³
Parcel 21014A0545/00S000, Brussels · tallest building 20.6 m, ±6 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21014A0545/00S000 Brussels 339 m² 1 · 225 m² 20.6 m · 6 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.

Recognitions · licences · registrations

Legal Entity Identifier

549300GC4DSYQHD6NI46
live in the LEI register

Identification & contact

Identification
Legal formNon-profit association
Founded21-11-1953
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.