SERVIS
ActiveSummary
The annual accounts of SERVIS for fiscal year 2025 show a net loss of 204% of total assets. The 2025 annual accounts show equity of €7,453 and a net result of -€36,297. Equity is shrinking by ~13.1% per year across the filed fiscal years. Its solvency ranks better than 59% of 14220 sector peers (fiscal year 2025). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-31
Solvency67▲+25
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.29 against 1.21 in 2024; short-term debt: 58.1% and cash: 45.8% of total assets), and 58.1% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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 →
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 2025Solvency, return and age of the figures
Solvency
41.9%
Return on assets
-204.2%
Age of the figures
9 mo
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
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 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€36,297
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
27 d early
2023
5 d early
2022
39 d early
2021
45 d early
2020
29 d early
2019
28 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 20 days before 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 (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 monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€7,453▼ 91.7%
2024 · €90,050
Total assets
€17,774▼ 96.6%
2024 · €528,580
Net result
-€36,297▼ 156%
2024 · -€14,152
Working capital
€2,953▼ 96.7%
2024 · €90,050
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
Line20212022202320242025
Operating result-€3,637-€44,949▼ 1,136%-€1,195▲ 97.3%-€2,859▼ 139%-€23,481▼ 721%
Net result-€3,703within the sector's middle half-€46,402below the sector's middle half▼ 1,153%-€13,528below the sector's middle half▲ 70.8%-€14,152below the sector's middle half▼ 4.6%-€36,297below the sector's middle half▼ 156%
Equity€164,133within the sector's middle half▼ 2.2%€117,730within the sector's middle half▼ 28.3%€104,202within the sector's middle half▼ 11.5%€90,050within the sector's middle half▼ 13.6%€7,453within the sector's middle half▼ 91.7%
Total assets€214,782within the sector's middle half▼ 17.7%€270,819within the sector's middle half▲ 26.1%€436,759within the sector's middle half▲ 61.3%€528,580within the sector's middle half▲ 21.0%€17,774below the sector's middle half▼ 96.6%
Debt€50,650▼ 45.7%€153,089▲ 202%€332,556▲ 117%€438,530▲ 31.9%€10,321▼ 97.6%
Working capital€164,194▼ 2.1%€117,806▼ 28.3%€104,202▼ 11.5%€90,050▼ 13.6%€2,953▼ 96.7%
Solvency76.4%above the sector's middle half▲ 12.1pp43.5%within the sector's middle half▼ 32.9pp23.9%within the sector's middle half▼ 19.6pp17.0%within the sector's middle half▼ 6.8pp41.9%within the sector's middle half▲ 24.9pp
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.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €23,481 in 2025 against €2,859 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €17,774
Fixed assets
€4,500
Current assets
€13,274
Equity and liabilities €17,774
Equity
€7,453 ▼ 91.7%
Debt
€10,321 ▼ 97.6%
Debt's share of the balance-sheet total falls from 83.0% to 58.1%. Equity and debt are lower.
Key figures and ratios
Current ratio
1.29▲
2024 · 1.21
Debt to equity
1.38▼
2024 · 4.87
ROE
-487.0%▼
2024 · -15.7%
ROA
-204.2%▼
2024 · -2.7%
Debt ≤ 1 year
€10,321▼
2024 · €438,530
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,815 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 88% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.9%
went bankrupt
9.8%
stopped otherwise
88%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% 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 4,815 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €178 | - | - | - | - | - |
| Other operating charges640/8 | €1,228 | €569 | €516 | €628 | €544 | ▼ 13.4% |
| Gross operating margin9900 | -€2,231 | -€44,380 | -€679 | -€2,232 | -€22,938 | ▼ 928% |
| Operating profit (loss)9901 | -€3,637 | -€44,949 | -€1,195 | -€2,859 | -€23,481 | ▼ 721% |
| Financial income75/76B | - | - | - | €3 | €0 | ▼ 100% |
| Recurring financial income75 | - | - | - | €3 | €0 | ▼ 100% |
| Financial charges65/66B | €66 | €1,453 | €12,333 | €11,295 | €12,816 | ▲ 13.5% |
| Recurring financial charges65 | €66 | €1,453 | €12,333 | €11,295 | €12,816 | ▲ 13.5% |
| Profit (loss) for the period before taxes9903 | -€3,703 | -€46,402 | -€13,528 | -€14,152 | -€36,297 | ▼ 156% |
| Profit (loss) for the period9904 | -€3,703 | -€46,402 | -€13,528 | -€14,152 | -€36,297 | ▼ 156% |
| Profit (loss) for the period to be appropriated9905 | -€3,703 | -€46,402 | -€13,528 | -€14,152 | -€36,297 | ▼ 156% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €214,782 | €270,819 | €436,759 | €528,580 | €17,774 | ▼ 96.6% |
| Fixed assets21/28 | - | - | - | - | €4,500 | - |
| Financial fixed assets28 | - | - | - | - | €4,500 | - |
| Current assets29/58 | €214,782 | €270,819 | €436,759 | €528,580 | €13,274 | ▼ 97.5% |
| Stocks and contracts in progress3 | €194,019 | €260,675 | €432,308 | €515,135 | €0 | ▼ 100% |
| Stocks30/36 | €194,019 | €260,675 | €432,308 | €515,135 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €199 | - | €3,551 | €72 | €0 | ▼ 100% |
| Trade receivables40 | - | - | €3,551 | €72 | €0 | ▼ 100% |
| Other amounts receivable41 | €199 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €20,565 | €9,000 | €542 | €8,374 | €8,149 | ▼ 2.7% |
| Deferred charges and accrued income490/1 | - | €1,144 | €358 | €5,000 | €5,125 | ▲ 2.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €214,782 | €270,819 | €436,759 | €528,580 | €17,774 | ▼ 96.6% |
| Equity10/15 | €164,133 | €117,730 | €104,202 | €90,050 | €7,453 | ▼ 91.7% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €149,236 | €149,236 | €147,376 | €147,376 | €101,076 | ▼ 31.4% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | €147,376 | €147,376 | €147,376 | €147,376 | €101,076 | ▼ 31.4% |
| Profit (loss) carried forward14 | -€3,703 | -€50,105 | -€61,773 | -€75,925 | -€112,222 | ▼ 47.8% |
| Amounts payable17/49 | €50,650 | €153,089 | €332,556 | €438,530 | €10,321 | ▼ 97.6% |
| Amounts payable within one year42/48 | €50,588 | €153,013 | €332,556 | €438,530 | €10,321 | ▼ 97.6% |
| Current portion of amounts payable after more than one year42 | - | €105,370 | €274,807 | €375,000 | €0 | ▼ 100% |
| Trade debts44 | €3,915 | €5,616 | €13,236 | €120 | €206 | ▲ 71.4% |
| Suppliers440/4 | €3,915 | €5,616 | €13,236 | €120 | €206 | ▲ 71.4% |
| Taxes, remuneration and social security45 | - | €2,854 | €280 | - | - | - |
| Taxes450/3 | - | €2,854 | €280 | - | - | - |
| Other amounts payable47/48 | €46,673 | €39,173 | €44,234 | €63,410 | €10,115 | ▼ 84.0% |
| Accrued charges and deferred income492/3 | €61 | €75 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,703 | -€46,402 | -€13,528 | -€14,152 | -€36,297 | ▼ 156% |
| + Depreciation and write-downs630 | €178 | - | - | - | - | - |
| Operating cash flow (approximation) | -€3,525 | -€46,402 | -€13,528 | -€14,152 | -€36,297 | ▼ 156% |
| Change in cash | - | -€11,565 | -€8,458 | €7,832 | -€225 | ▼ 103% |
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
Next filing, fiscal year 2026, expected by
2026
15-09
State Gazette act
Appointment: Birgen Willemyns (director)2 facts ▸
State Gazette act
Appointment: Birgen Willemyns (director)
2 facts ▸
- General meeting, 24-08-2026
- Director appointment, Birgen Willemyns (director)
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-11
Financial
Weakest financial yearnet -€46,402
Net result drops to -€46,402, the lowest in the series; recovery starts the following year.
16-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-11
Financial
Back to profitnet €155,366
Net result €155,366 after one loss-making year.
30-11
Financial
Equity above €150,000Eq €167,836 ▲1,246%
Equity rises from €12,469 to €167,836.
02-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
Birgen Willemyns
CurrentDirector · since 24-08-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
3 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Kruisem · 1 establishment unit since 2012
Ground area
2,122 m²
Building footprint
412 m²
Volume, LiDAR
734 m³
2 parcels, Flanders · tallest building 7.1 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
SERVIS
since 20122.215.258.680
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45057B0797/00K000 | Flanders | 1,351 m² | 1 · 241 m² | - |
| 44016A0782/00K000 | Flanders | 770 m² | 1 · 171 m² | 7.1 m · 1 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Mandate history
1 person since 2026, 1 in office
- Board
| Name | Functions and periods |
|---|---|
| Birgen Willemyns |
|
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, scroll to zoom.
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Of 1,294 companies in sector 68122 we hold annual accounts for 904. 243 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-10-2012
Fiscal year end31-12
Activities, NACEBEL 2025
68122Development of non-residential building projects
71111Activities of building architects
71112Activities of interior architects
E-invoicing
Reachable via Peppol
Peppol ID
0208:0849313291
Also
9925:BE0849313291
Registered
30-01-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.