SERVITEX
ActiveSERVITEX has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.26M and a net result of €-672k. Equity is growing by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 36% of 296 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability28▼-8
Solvency28▼-5
Growth50▼-16
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €150k at 30 days only on tighter terms
Liquidity short (current ratio 0.93 against 0.77 in 2024), and 78.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
21.4%
Return on assets
-3.4%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
22 d early
2023
34 d early
2022
21 d early
2021
26 d early
2020
23 d early
2019
24 d early
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€11.37M▲ 12.9%
2024 · €10.07M
2018: €8.71M
2019: €9.30M
2020: €7.64M
2021: €8.32M
2022: €8.32M
2023: €9.42M
2024: €10.07M
2018 → 2025
EBIT margin
-6.9%▼ 5.8pp
2024 · -1.1%
2018: -6.9%
2019: -1.0%
2020: -4.5%
2021: 19.3%
2022: 0.7%
2023: 5.6%
2024: -1.1%
2018 → 2025
Net result
€-672k▼ 102%
2024 · €-332k
2018: €-444k
2019: €-69k
2020: €-312k
2021: €1.68M
2022: €-32k
2023: €460k
2024: €-332k
2018 → 2025
Working capital
€-486k▲ 52.9%
2024 · €-1.03M
2018: €-584k
2019: €-797k
2020: €250k
2021: €1.49M
2022: €-495k
2023: €-405k
2024: €-1.03M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€8.32M-€8.32M=€9.42M▲ 13.2%€10.07M▲ 6.9%€11.37M▲ 12.9%
Equity€4.26M-€4.09M▼ 4.0%€4.36M▲ 6.5%€4.14M▼ 5.1%€4.26M▲ 3.0%
Operating result€1.60M-€58k▼ 96.4%€527k▲ 815%€-114k€-788k▼ 593%
Net result€1.68M-€-32k€460k€-332k€-672k▼ 102%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €788k in 2025 against €114k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €19.90M
Fixed assets
€13.42M▲ 2.6%
Current assets
€6.48M▲ 89.2%
Equity and liabilities €19.90M
Equity
€4.26M▲ 3.0%
Provisions
€219k▼ 15.1%
Debt
€15.42M▲ 27.3%
The debt ratio rises from 73.4% to 77.5%: debt grows faster than equity.
Key figures and ratios
EBITDA
€1.89M▼
2024 · €2.36M
Cash flow
€2.00M▼
2024 · €2.15M
Solvency
21.4%▼
2024 · 25.1%
Current ratio
0.93▲
2024 · 0.77
Quick ratio
0.93▲
2024 · 0.76
Debt / equity
3.62▲
2024 · 2.93
ROE
-15.8%▼
2024 · -8.0%
ROA
-3.4%▼
2024 · -2.0%
Interest coverage
5.74▼
2024 · 7.21
Debt
€15.42M▲
2024 · €12.11M
Debt ≤ 1 year
€6.97M▲
2024 · €4.46M
Debt > 1 year
€8.35M▲
2024 · €7.57M
Staff costs
€4.28M▲
2024 · €3.62M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€16.51M€19.90M▲
Fixed assets21/28€13.08M€13.42M▲
Tangible fixed assets22/27€13.02M€13.36M▲
Land and buildings22€25k€25k=
Plant, machinery and equipment23€771k€964k▲
Furniture and vehicles24€118k€73k▼
Leasing and similar rights25€6.24M€5.56M▼
Other tangible fixed assets26€5.08M€5.52M▲
Assets under construction and advance payments27€790k€1.23M▲
Financial fixed assets28€59k€59k=
Affiliated companies280/1€25k€25k=
Participating interests280€25k€25k=
Other financial fixed assets284/8€34k€34k=
Amounts receivable and cash guarantees285/8€34k€34k=
Current assets29/58€3.42M€6.48M▲
Stocks and contracts in progress3€23k€33k▲
Stocks30/36€23k€33k▲
Raw materials and consumables30/31€23k€33k▲
Amounts receivable within one year40/41€3.15M€5.09M▲
Trade receivables40€2.55M€3.64M▲
Other amounts receivable41€608k€1.44M▲
Cash at bank and in hand54/58€214k€1.30M▲
Deferred charges and accrued income490/1€33k€58k▲
Equity and liabilities
Total equity and liabilities10/49€16.51M€19.90M▲
Equity10/15€4.14M€4.26M▲
Contributions10/11€1.64M€1.64M=
Capital10€1.64M€1.64M=
Issued capital100€1.64M€1.64M=
Reserves13€892k€785k▼
Non-distributable reserves130/1€164k€164k=
Legal reserve130€164k€164k=
Tax-exempt reserves132€728k€620k▼
Profit (loss) carried forward14€956k€391k▼
Investment grants15€644k€1.44M▲
Provisions and deferred taxes16€258k€219k▼
Provisions for liabilities and charges160/5€2k€2k=
Environmental obligations163€2k€2k=
Deferred taxes168€256k€217k▼
Amounts payable17/49€12.11M€15.42M▲
Amounts payable after more than one year17€7.57M€8.35M▲
Financial debts170/4€7.57M€8.35M▲
Subordinated loans170€586k€500k▼
Leasing and similar obligations172€3.66M€2.69M▼
Credit institutions173€3.32M€2.83M▼
Other loans174-€2.33M
Amounts payable within one year42/48€4.46M€6.97M▲
Current portion of amounts payable after more than one year42€2.00M€3.59M▲
Trade debts44€1.93M€2.56M▲
Suppliers440/4€1.93M€2.56M▲
Taxes, remuneration and social security45€485k€711k▲
Taxes450/3€42k€57k▲
Remuneration and social security454/9€443k€654k▲
Other amounts payable47/48€48k€103k▲
Accrued charges and deferred income492/3€92k€106k▲
Income statement
Code20242025
Operating income70/76A€10.16M€11.50M▲
Turnover70€10.07M€11.37M▲
Other operating income74€84k€116k▲
Non-recurring operating income76A€6k€6k=
Operating charges60/66A€10.28M€12.28M▲
Goods for resale, raw materials and consumables60€789k€1.02M▲
Purchases600/8€782k€1.03M▲
Change in stocks: decrease (increase)609€7k€-10k▼
Services and other goods61€3.25M€3.58M▲
Remuneration, social security and pensions62€3.62M€4.28M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2.48M€2.68M▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€-6k-
Other operating charges640/8€142k€146k▲
Non-recurring operating charges66A€124€590k▲
Operating profit (loss)9901€-114k€-788k▼
Financial income75/76B€117k€460k▲
Recurring financial income75€117k€460k▲
Other financial income752/9€117k€460k▲
Financial charges65/66B€374k€383k▲
Recurring financial charges65€374k€383k▲
Debt charges650€328k€329k▲
Other financial charges652/9€46k€54k▲
Profit (loss) for the period before taxes9903€-371k€-711k▼
Transfer from deferred taxes780€39k€39k=
Profit (loss) for the period9904€-332k€-672k▼
Transfer from tax-exempt reserves789€107k€107k=
Profit (loss) for the period to be appropriated9905€-225k€-565k▼
Appropriation of the result
Profit (loss) to be appropriated9906€956k€391k▼
Profit (loss) brought forward from the previous period14P€1.18M€956k▼
Social balance
Average headcount (FTE)908794.4106.0▲
The notes to these accounts (82 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 28 days late
2025
31-12
Financial
Weakest financial yearnet €-672k
Net result drops to €-672k, the lowest in the series.
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €460k
Net result €460k after one loss-making year.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €1.68M
Net result €1.68M after 3 loss-making years.
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
13 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, Herve · 2 establishment units since 1994
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de Chesseroux 74651 HerveGround area
2.1 ha
Building footprint
6,502 m²
Volume, LiDAR
44,030 m³
2 parcels, Wallonia · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Servitex Battice
since 19942.069.328.219
Servitex Welkenraedt
since 19952.069.328.120
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63084A0062/00Y003 | Wallonia | 1.2 ha | 1 · 3,942 m² | 10.9 m · 2 fl. |
| 63006D0279/00T003 | Wallonia | 9,186 m² | 1 · 2,560 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
967600AGUSXSDJ0FXO34
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Of 430 companies in sector 96101 we hold annual accounts for 254. 69 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded15-11-1994
Fiscal year end31-12
Activities, NACEBEL
93011
96101Personal service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.