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SERVITECH ENGINEERING

Active
Private limited companyfounded 2024active for 2 yearsRue des Fiestaux(LOV) 19, 6280 Gerpinnes, BelgiumKBO/BCE: BE 1013.035.039
Summary

SERVITECH ENGINEERING has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €48,272 and a net result of €47,331. Its solvency ranks better than 52% of 21,007 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (10 days) Filed on 10 May 2026, deadline 30 April 2026 (7 months after the close on 30 September 2025, Companies Code art. 3:10). Source: NBB, 2026-00107088.

Equity
€48,272
Total assets
€78,399
Net result
€47,331
Working capital
€33,106

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €78,399
Fixed assets €15,167
Current assets €63,233
Equity and liabilities €78,399
Equity €48,272
Debt €30,127
Debt finances 38.4% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€67,869
Cash flow
€48,948
Current ratio
2.10
Debt to equity
0.62
ROE
98.1%
ROA
60.4%
Interest coverage
50.71
Debt ≤ 1 year
€30,127
Income taxes
€17,583

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

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

For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 39,278 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 · 41 lines
Balance sheet Code2025
Assets
Total assets20/58€78,399
Fixed assets21/28€15,167
Tangible fixed assets22/27€15,167
Plant, machinery and equipment23€3,179
Furniture and vehicles24€11,987
Current assets29/58€63,233
Amounts receivable within one year40/41€50,084
Trade receivables40€29,084
Other amounts receivable41€21,000
Cash at bank and in hand54/58€12,419
Deferred charges and accrued income490/1€729
Equity and liabilities
Total equity and liabilities10/49€78,399
Equity10/15€48,272
Contributions10/11€1,800
Reserves13€46,000
Distributable reserves133€46,000
Profit (loss) carried forward14€472
Amounts payable17/49€30,127
Amounts payable within one year42/48€30,127
Trade debts44€98
Suppliers440/4€98
Taxes, remuneration and social security45€26,928
Taxes450/3€26,928
Other amounts payable47/48€3,100
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,616
Other operating charges640/8€499
Gross operating margin9900€68,368
Operating profit (loss)9901€66,253
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€1,338
Recurring financial charges65€1,338
Profit (loss) for the period before taxes9903€64,914
Income taxes67/77€17,583
Profit (loss) for the period9904€47,331
Profit (loss) for the period to be appropriated9905€47,331
Appropriation of the result
Profit (loss) to be appropriated9906€47,331
Transfer to equity691/2€46,000
To other reserves6921€46,000
Profit to be distributed694/7€859
Return on contributions (dividend)694€859

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,616
Other operating charges640/8€499
Gross operating margin9900€68,368
Operating profit (loss)9901€66,253
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€1,338
Recurring financial charges65€1,338
Profit (loss) for the period before taxes9903€64,914
Income taxes67/77€17,583
Profit (loss) for the period9904€47,331
Profit (loss) for the period to be appropriated9905€47,331
Line2025
Assets
Total assets20/58€78,399
Fixed assets21/28€15,167
Tangible fixed assets22/27€15,167
Plant, machinery and equipment23€3,179
Furniture and vehicles24€11,987
Current assets29/58€63,233
Amounts receivable within one year40/41€50,084
Trade receivables40€29,084
Other amounts receivable41€21,000
Cash at bank and in hand54/58€12,419
Deferred charges and accrued income490/1€729
Equity and liabilities
Total equity and liabilities10/49€78,399
Equity10/15€48,272
Contributions10/11€1,800
Reserves13€46,000
Distributable reserves133€46,000
Profit (loss) carried forward14€472
Amounts payable17/49€30,127
Amounts payable within one year42/48€30,127
Trade debts44€98
Suppliers440/4€98
Taxes, remuneration and social security45€26,928
Taxes450/3€26,928
Other amounts payable47/48€3,100
Line2025
Profit (loss) for the period9904€47,331
+ Depreciation and write-downs630€1,616
Operating cash flow (approximation)€48,948

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
30-09-2025 micro format 10-05-2026 2026-00107088

Similar companies · same sector, comparable size

Of the 16,956 active companies whose main activity is computer programming (NACE 62100), figures are known for 8,929. 6,908 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.