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SERVITIME

Active
Public limited companyfounded 1983active for 43 yearsRenbaanlaan 35, 1050 Elsene, BelgiumKBO/BCE: BE 0424.223.461
Summary

SERVITIME has been active since 1983 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €29,550. Equity is growing by about 4.3% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
“La prestations, tant sur le plan national qu'international, de tous services d'organisation et de…” (deed in French)
From the articles, 2 activitiesNo NACE code in the KBO yet1 site
Size
€2.6mtotal assets 2025
Equity
€1.3m
Profit
€29,550
Financial health
94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Board
4 members
Accounts 40 days early3 of 7 deeds read
Why 94raises riskFounded in 1983No main activity registeredProfit of €29,550 (financial year 2025)lowers riskSize: total assets €2.6mShow the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 53% of its sector peers (no NACE code, small)
Financial strength · tick = 2024
Strong
Solvency 76+4
equity 50.6% of total assets
Liquidity 44+2
short-term debt 27.0% · cash 3.3%
Profitability 70-6
return on assets 1.2%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.7%▲ +0.3 percentage points vs 12-2024highest value 02-2025: 0.3%▼ -0.4 percentage points vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.4%▲ +0.1 percentage points vs 11-2025 01-2026: 0.1%▼ -0.3 percentage points vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026lowest value 05-2026: 0.1%● unchanged vs 04-2026lowest value 06-2026: 0.1%● unchanged vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €120,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.12, compared with 0.06 in 2024, below 1; short-term debt: 27% and cash: 3.3% of total assets), and 49.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, small): better than 47% on solvency, 31% on liquidity, 75% on profitability and 59% on growth.

The bankruptcy probability was computed on 16-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €2.6m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Founded in 1983
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · No main activity registered
KBO
raises risk · Profit of €29,550 (financial year 2025)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 22-12-2025, 40 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
40 days early
2024
15 days early
2023
28 days late
2022
6 days late
2021
24 days late
2020
26 days late
2019
51 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 3 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 6 February (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end17-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Restructuring · End & cessationResignations: DELACROIX Jehan (director) and…
  2. Annual accounts filedfinancial year 2025 · full…
  3. Reappointments: Joël Delacroix, Perrine Delacroix and…Gazette deed

Key points

  • Caution: Result fell in 2025from €164,905 to €29,550 ▼ 82.1% View
  • Board changedlatest change 28-01-2026 · 4 in office 2 joined · 2 left View
  • 2 restructurings since 2025latest: branch transferred to ARFIN 2 View
  • Positive: 7 profitable years in a rowprofit 2025: €29,550 7 years View

By topic

Financials

Financial year
2025
Total assets
€2.6m
Profit
€29,550
Solvency
50.6%
Total assets▼ 4.7%
Net result
20192025
Go to Financials

Board & ownership

Board
4 members
  • HUART LilouDirector
  • HUART SybilDirector
  • Joël DelacroixGeneral manager
  • Perrine DelacroixDirector
Go to Board & ownership

Timeline

Events
47
Since
1985
Next accounts
by 31-01-2027
  1. 10-11-2025Restructuring
  2. 16-01-2025Annual accounts filed
  3. 30-06-2024Highest result from 2019 to 2025
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Founded
05-05-1983
Year ends
30-06
Peppol
Not found in the Peppol directory
Go to Company details

Articles of association

Provisions read
51
Annual meeting
Second Tuesday of October at 11:00
Purpose
“La prestations, tant sur le plan national qu'international, de tous services…” (deed in French)
Go to Articles of association

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