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SERVIREC

Active
Public limited companyfounded 197055 yrs activeAvenue du Sabotier 26, 1428 Braine-l'Alleud, BelgiumKBO/BCE: BE 0407.814.229
Summary

The computed 12-month bankruptcy probability of SERVIREC is 8.0% (elevated). The latest annual accounts of SERVIREC were filed more than 90 days after the deadline. The 2020 annual accounts show negative equity (-€21,671) and a net result of -€111. The company has been active since 1970 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Checked score

No current score
Figures too old
The available figures for FY 2020 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: Filed more than 90 days late
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2020 · tick = 2019
Profitability0▼-100
Solvency0=
Growth32
Track record92
Bankruptcy probability, 12 months
8.0% Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals

Ten signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2020
Age of the figures
Age of the figures
69 mo
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
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
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 55 years 0 60 y
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
31-12-2021 close31-07-2022 deadline28-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 09-11-2021, 101 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
101 d late
2019
215 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 158 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
UBO non-compliance

History

SERVIREC was incorporated on 23 December 1970.1 The company has filed 39 sets of annual accounts, the latest for fiscal year 2020.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020

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Financials · fiscal year 2020, micro schema

Equity
-€21,671▼ 0.5%
2019 · -€21,560
Total assets
€630▼ 15.0%
2019 · €741
Net result
-€111
2019 · €4,245
Working capital
-€4,778▼ 2.4%
2019 · -€4,666
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
Line20192020
Operating result-€1,647-€36
Net result€4,245--€111
Equity-€21,560--€21,671▼ 0.5%
Total assets€741-€630▼ 15.0%
Debt€22,301-€22,301=
Working capital-€4,666--€4,778▼ 2.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€2,000€0€2,000€4,000Operating result 2019: -€1,647-€1,647Net result 2019: €4,245€4,245Operating result 2020: €36€36Net result 2020: -€111-€11120192020-€2,000€0€2,000€4,000Operating result 2019: -€1,647-€1,650Net result 2019: €4,245€4,250Operating result 2020: €36€36Net result 2020: -€111-€11120192020
The operating result returns to profit in 2020: €36 after a loss of €1,647 in 2019.
Key figures and ratios
2020 value · change against 2019
Debt ≤ 1 year
€5,407=
2019 · €5,407
Ratios withheld: a balance sheet total of €630 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2020 against 2019 · 16 lines
Balance sheet Code20192020
Assets
Total assets20/58€741€630▼
Current assets29/58€741€630▼
Cash at bank and in hand54/58€741€630▼
Equity and liabilities
Total equity and liabilities10/49€741€630▼
Equity10/15-€21,560-€21,671▼
Contributions10/11€34,705€34,705=
Profit (loss) carried forward14-€56,265-€56,376▼
Amounts payable17/49€22,301€22,301=
Amounts payable within one year42/48€5,407€5,407=
Income statement Code20192020
Gross operating margin9900-€506€36▲
Operating profit (loss)9901-€1,647€36▲
Recurring financial charges65€147€147=
Profit (loss) for the period before taxes9903€4,726-€111▼
Income taxes67/77€480-
Profit (loss) for the period9904€4,245-€111▼
Profit (loss) for the period to be appropriated9905€4,245-€111▼
Line20192020Change
Gross operating margin9900-€506€36▲ 107%
Operating profit (loss)9901-€1,647€36▲ 102%
Recurring financial charges65€147€147=
Profit (loss) for the period before taxes9903€4,726-€111▼ 102%
Income taxes67/77€480--
Profit (loss) for the period9904€4,245-€111▼ 103%
Profit (loss) for the period to be appropriated9905€4,245-€111▼ 103%
Line20192020Change
Assets
Total assets20/58€741€630▼ 15.0%
Current assets29/58€741€630▼ 15.0%
Cash at bank and in hand54/58€741€630▼ 15.0%
Equity and liabilities
Total equity and liabilities10/49€741€630▼ 15.0%
Equity10/15-€21,560-€21,671▼ 0.5%
Contributions10/11€34,705€34,705=
Profit (loss) carried forward14-€56,265-€56,376▼ 0.2%
Amounts payable17/49€22,301€22,301=
Amounts payable within one year42/48€5,407€5,407=
Line20192020Change
Profit (loss) for the period9904€4,245-€111▼ 103%
Operating cash flow (approximation)€4,245-€111▼ 103%
Change in cash--€111-

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

2025
11-04
KBO administration UBO non-compliance
event 31-03-2025
2021
09-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 101 days late
03-03
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 215 days late
2018
29-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
27-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
26-09
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 57 days late
2015
18-08
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 18 days late
2014
29-08
NBB filing Annual accounts filed
fiscal year 2013 · full schema · 29 days late
2013
14-08
NBB filing Annual accounts filed
fiscal year 2012 · full schema · 14 days late
2012
27-08
NBB filing Annual accounts filed
fiscal year 2011 · full schema · 27 days late
2011
22-08
NBB filing Annual accounts filed
fiscal year 2010 · full schema · 22 days late
SignalNBB filing
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Braine-l'Alleud · 1 establishment unit since 1989
seat establishment approximate The establishment unit on the map
Ground area
6,473 m²
Building footprint
849 m²
Volume, LiDAR
12,741 m³
2 parcels, Wallonia · tallest building 19.7 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Place des Carmes 36, 1300 Wavre
NACE 6523201
since 19892.005.186.770
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25112M0200/00C000 Wallonia 4,777 m² 1 · 708 m² 19.7 m · 6 fl.
25054A0001/00A011 Wallonia 1,696 m² 1 · 141 m² 7.4 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPublic limited company
Founded23-12-1970
Fiscal year end31-12
Abbreviation FR SANDER-DESSILLY
E-invoicing
Not found in the Peppol register

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Register as of 28 September 2026 · Peppol Directory

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