SERVITOP
ActiveSERVITOP has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.20M and a net result of €63k. Equity is growing by ~7.6% per year across the filed fiscal years. Its solvency ranks better than 51% of 7983 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▼-5
Solvency70▼-2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity short (current ratio 0.85 against 0.7 in 2024; short-term debt: 32.3% and cash: 3.1% of total assets), and 54.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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
45.4%
Return on assets
2.4%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 10-09-2025, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
51 d early
2024
30 d early
2023
22 d early
2022
10 d early
2021
10 d early
2020
2 d late
2019
11 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close20-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.20M▲ 5.6%
2024 · €1.14M
2019: €718k
2020: €817k
2021: €988k
2022: €1.01M
2023: €1.08M
2024: €1.14M
2019 → 2025
Total assets
€2.64M▲ 8.6%
2024 · €2.44M
2019: €1.27M
2020: €1.44M
2021: €1.97M
2022: €2.00M
2023: €2.12M
2024: €2.44M
2019 → 2025
Net result
€63k▼ 60.0%
2024 · €159k
2019: €94k
2020: €99k
2021: €172k
2022: €112k
2023: €132k
2024: €159k
2019 → 2025
Working capital
€-131k▲ 56.9%
2024 · €-304k
2019: €42k
2020: €-137k
2021: €-108k
2022: €-166k
2023: €-237k
2024: €-304k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€988k-€1.01M▲ 1.8%€1.08M▲ 7.1%€1.14M▲ 5.4%€1.20M▲ 5.6%
Operating result€161k-€97k▼ 40.1%€124k▲ 28.5%€159k▲ 27.9%€63k▼ 60.7%
Net result€172k-€112k▼ 34.6%€132k▲ 17.5%€159k▲ 20.4%€63k▼ 60.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 61% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.64M
Fixed assets
€1.92M▲ 11.7%
Current assets
€722k▲ 1.1%
Equity and liabilities €2.64M
Equity
€1.20M▲ 5.6%
Debt
€1.44M▲ 11.2%
The debt ratio rises from 53.3% to 54.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€573k▼
2024 · €612k
Cash flow
€574k▼
2024 · €612k
Solvency
45.4%▼
2024 · 46.7%
Current ratio
0.85▲
2024 · 0.70
Quick ratio
0.58▲
2024 · 0.44
Debt / equity
1.20▲
2024 · 1.14
ROE
5.3%▼
2024 · 13.9%
ROA
2.4%▼
2024 · 6.5%
Interest coverage
14.72▼
2024 · 20.63
Debt
€1.44M▲
2024 · €1.30M
Debt ≤ 1 year
€853k▼
2024 · €1.02M
Debt > 1 year
€557k▲
2024 · €276k
Income taxes
€9k▼
2024 · €12k
Staff costs
€674k▼
2024 · €702k
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€2.44M€2.64M▲
Fixed assets21/28€1.72M€1.92M▲
Intangible fixed assets21€5k€12k▲
Tangible fixed assets22/27€1.72M€1.91M▲
Plant, machinery and equipment23€5k€5k▼
Furniture and vehicles24€68k€44k▼
Other tangible fixed assets26€1.64M€1.86M▲
Current assets29/58€714k€722k▲
Stocks and contracts in progress3€270k€227k▼
Stocks30/36€270k€227k▼
Amounts receivable within one year40/41€324k€347k▲
Trade receivables40€315k€338k▲
Other amounts receivable41€9k€9k▼
Current investments50/53€2k€2k=
Cash at bank and in hand54/58€48k€83k▲
Deferred charges and accrued income490/1€70k€64k▼
Equity and liabilities
Total equity and liabilities10/49€2.44M€2.64M▲
Equity10/15€1.14M€1.20M▲
Contributions10/11€68k€68k=
Reserves13€1.07M€1.13M▲
Tax-exempt reserves132€5k€5k=
Distributable reserves133€1.06M€1.13M▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€1.30M€1.44M▲
Amounts payable after more than one year17€276k€557k▲
Financial debts170/4€276k€557k▲
Amounts payable within one year42/48€1.02M€853k▼
Current portion of amounts payable after more than one year42€92k€156k▲
Financial debts43€337k€334k▼
Credit institutions430/8€306k€300k▼
Other loans439€32k€34k▲
Trade debts44€312k€207k▼
Suppliers440/4€312k€207k▼
Taxes, remuneration and social security45€116k€95k▼
Taxes450/3€22k€16k▼
Remuneration and social security454/9€94k€79k▼
Other amounts payable47/48€160k€61k▼
Accrued charges and deferred income492/3€4k€34k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€702k€674k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€453k€510k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€12k€-3k▼
Other operating charges640/8€3k€6k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€1.33M€1.25M▼
Operating profit (loss)9901€159k€63k▼
Financial income75/76B€41k€49k▲
Recurring financial income75€38k€49k▲
Non-recurring financial income76B€3k€0▼
Financial charges65/66B€30k€39k▲
Recurring financial charges65€30k€39k▲
Profit (loss) for the period before taxes9903€170k€73k▼
Income taxes67/77€12k€9k▼
Profit (loss) for the period9904€159k€63k▼
Profit (loss) for the period to be appropriated9905€159k€63k▼
Appropriation of the result
Profit (loss) to be appropriated9906€159k€63k▼
Transfer to equity691/2€59k€63k▲
To other reserves6921€59k€63k▲
Profit to be distributed694/7€100k€0▼
Return on contributions (dividend)694€0-
Directors or managers695€100k€0▼
Social balance
Average headcount (FTE)90879.59.7▲
The notes to these accounts (23 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
2025
10-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Weakest financial yearnet €63k ▼60%
Net result drops to €63k, the lowest in the series.
2024
01-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
09-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
21-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Equity above €1MEq €1.01M ▲1.8%
4 profitable years in a row build equity to €1.01M.
2021
21-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial
Highest result since 2019net €172k ▲73.7%
Operating result €161k, net result €172k, both a record.
2020
02-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 2 days late
2019
20-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
05-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
31-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Waregem · 1 establishment unit since 1997
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.
Franklin Rooseveltlaan 1338790 WaregemGround area
2,222 m²
Building footprint
756 m²
Volume, LiDAR
4,187 m³
Parcel 34452B0680/00V000, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SERVITOP
since 19972.016.026.026
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34452B0680/00V000 | Flanders | 2,222 m² | 1 · 756 m² | 11.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,124 companies in sector 46500 we hold annual accounts for 1,403. 838 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-03-1979
Fiscal year end31-03
Activities, NACEBEL
46500Wholesale of information and communication equipment
46660Wholesale trade
51850
64200Holdings
64210Activities of holding companies
74151
Sources
Crossroads Bank for EnterprisesNational Bank · 41 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.