SERVIZO (0454.458.262): financials and annual accounts

SERVIZO

Ghent ·KBO/BCE: BE 0454.458.262

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Balance sheet: assets
Total assets`20/58`	1.6m	1.6m	1.9m	927,932	871,669	1.3m	1.0m	1.6m	1.6m	784,235	705,060	578,298	700,736	738,776	769,154	825,756	674,211	697,323	714,559
Fixed assets`21/28`	1.5m	1.4m	1.5m	537,873	554,394	365,987	81,556	1.3m	1.3m	615,241	636,896	556,029	676,495	621,454	630,479	645,792	650,624	666,429	681,984
Tangible fixed assets`22/27`	1.5m	1.4m	1.5m	535,353	551,874	363,467	79,036	1.3m	1.3m	610,741	632,396	551,904	472,870	418,329	428,104	443,667	448,999	465,179	481,359
Land and buildings`22`	1.5m	1.4m	1.4m	520,923	534,010	345,084	59,530	1.3m	1.3m	589,137	606,006	531,542	459,375	403,368	417,548	431,728	445,908	460,089	474,269
Plant, machinery and equipment`23`	5,391	7,491	8,932	2,736	3,584	11,875	10,543	14,381	17,992	21,604	26,390	20,362	13,495	14,961	10,556	10,848	-	-	-
Furniture and vehicles`24`	18	151	283	2,014	4,601	6,509	8,964	18,434	-	-	-	-	-	-	-	1,090	3,090	5,090	7,090
Other tangible fixed assets`26`	9,680	9,680	9,680	9,680	9,680	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Financial fixed assets`28`	2,540	2,520	2,520	2,520	2,520	2,520	2,520	7,020	4,500	4,500	4,500	4,125	203,625	203,125	202,375	202,125	201,625	201,250	200,625
Current assets`29/58`	178,153	198,055	395,788	390,060	317,275	935,236	939,812	310,431	247,758	168,994	68,164	22,269	24,241	117,322	138,675	179,965	23,587	30,894	32,575
Amounts receivable after more than one year`29`	-	-	-	-	-	638,472	767,646	262,661	-	-	-	-	-	-	-	-	-	-	-
Other amounts receivable`291`	-	-	-	-	-	638,472	767,646	262,661	-	-	-	-	-	-	-	-	-	-	-
Amounts receivable within one year`40/41`	128,100	104,808	244,978	140,357	184,095	85,009	20,953	12,892	182,502	61,329	29,220	18,295	15,059	16,977	46,395	12,133	21,932	29,010	24,558
Trade receivables`40`	127,639	78,245	232,036	56,358	119,739	79,532	20,953	11,586	175,737	-	28,363	17,839	15,059	8,724	46,395	12,003	21,450	28,413	24,450
Other amounts receivable`41`	461	26,563	12,942	83,999	64,356	5,477	-	1,305	6,766	61,329	857	455	-	8,253	-	131	482	597	108
Cash at bank and in hand`54/58`	18,678	84,689	121,854	160,517	75,336	211,755	150,832	71	64,927	22,252	5,989	3,719	9,182	91,995	3,310	167,732	752	1,831	6,945
Deferred charges and accrued income`490/1`	31,374	8,559	28,956	89,185	57,843	-	381	34,808	328	85,412	32,954	255	-	8,350	88,970	100	903	53	1,072
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	1.6m	1.6m	1.9m	927,932	871,669	1.3m	1.0m	1.6m	1.6m	784,235	705,060	578,298	700,736	738,776	769,154	825,756	674,211	697,323	714,559
Equity`10/15`	94,460	153,763	195,054	242,773	40,074	120,267	239,151	728,293	887,441	130,217	122,250	134,888	144,063	146,629	151,989	136,172	138,782	126,966	123,022
Contributions`10/11`	59,000	59,000	59,000	59,000	59,000	59,000	59,000	59,000	59,000	59,000	59,000	59,000	18,592	18,592	18,592	18,592	18,592	18,592	18,592
Issued capital`100`	-	-	-	-	-	-	59,000	59,000	59,000	59,000	59,000	59,000	18,592	18,592	18,592	18,592	18,592	18,592	18,592
Revaluation surpluses`12`	-	-	-	-	-	-	-	757,087	757,087	-	-	-	-	-	-	-	-	-	-
Reserves`13`	440,982	506,179	534,371	562,562	589,433	606,792	609,202	65,228	68,230	71,074	73,527	76,529	79,530	82,531	85,533	88,765	92,189	95,614	99,039
Non-distributable reserves`130/1`	2,565	2,565	2,565	2,565	2,565	2,565	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	-	-	-	-	-	-	2,565	2,565	2,565	2,408	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859
Reserves not available under the articles`1311`	2,565	2,565	2,565	2,565	2,565	2,565	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax-exempt reserves`132`	438,418	503,615	531,806	559,998	586,869	604,228	606,637	62,664	65,665	68,667	71,668	74,669	77,671	80,672	83,673	86,906	90,330	93,755	97,180
Profit (loss) carried forward`14`	-405,522	-411,416	-398,317	-378,789	-608,359	-545,525	-429,051	-153,022	3,124	142	-10,278	-640	45,942	45,506	47,864	28,815	28,001	12,760	5,391
Provisions and deferred taxes`16`	179,072	205,702	217,217	228,731	239,707	246,797	247,781	38,175	40,003	61,832	43,660	45,489	104,817	106,646	108,474	112,943	95,029	77,116	59,202
Provisions for liabilities and charges`160/5`	-	-	-	-	-	-	-	-	-	20,000	-	-	57,500	57,500	57,500	60,000	40,000	20,000	-
Deferred taxes`168`	179,072	205,702	217,217	228,731	239,707	246,797	247,781	38,175	40,003	41,832	43,660	45,489	47,317	49,146	50,974	52,943	55,029	57,116	59,202
Amounts payable`17/49`	1.4m	1.2m	1.4m	456,428	591,889	934,158	534,436	851,328	644,762	592,186	539,150	397,921	451,856	485,502	508,692	576,641	440,399	493,241	532,335
Amounts payable after more than one year`17`	1.2m	1.0m	460,348	284,128	331,303	331,753	331,233	265,543	60,000	94,737	142,539	126,518	169,895	211,215	250,576	288,071	323,788	367,226	411,930
Financial debts`170/4`	1.2m	995,539	453,979	278,000	325,000	245,000	245,000	200,000	60,000	93,182	140,983	126,518	169,895	211,215	250,576	288,071	323,788	367,226	411,675
Other amounts payable`178/9`	8,480	8,430	6,368	6,128	6,303	86,753	86,233	65,543	-	1,555	1,555	-	-	-	-	-	-	-	255
Amounts payable within one year`42/48`	203,131	195,872	973,636	151,140	227,279	579,194	193,853	579,124	582,101	490,025	392,621	268,312	281,961	274,287	169,146	125,809	116,611	126,015	119,334
Current portion of amounts payable after more than one year`42`	68,954	66,325	63,750	-	-	-	-	-	33,182	47,801	45,535	43,376	41,320	39,361	37,495	35,718	43,438	44,448	42,349
Financial debts`43`	-	-	-	-	-	-	-	376,909	410,000	-	-	-	-	-	-	-	-	-	-
Credit institutions`430/8`	-	-	-	-	-	-	-	376,909	410,000	-	-	-	-	-	-	-	-	-	-
Trade debts`44`	103,382	101,520	799,930	84,060	214,221	563,082	181,280	163,785	3,383	80,578	45,732	145,741	129,270	80,953	82,522	19,663	13,274	27,789	28,726
Suppliers`440/4`	103,382	101,520	799,930	84,060	214,221	563,082	181,280	163,785	3,383	80,578	45,732	145,741	129,270	80,953	82,522	19,663	13,274	27,789	28,726
Advances received on contracts in progress`46`	-	-	-	-	-	-	-	-	-	-	-	-	25,000	88,970	-	-	-	-	-
Taxes, remuneration and social security`45`	11,810	-	77,699	5,880	-	-	4,607	-	523	603	-	1,112	427	-	4,436	417	3,060	-	-
Taxes`450/3`	11,810	-	77,699	5,880	-	-	4,607	-	523	603	-	1,112	427	-	4,436	417	3,060	-	-
Other amounts payable`47/48`	18,985	28,027	32,256	61,200	13,058	16,112	7,966	38,429	135,013	361,042	301,354	78,082	85,945	65,004	44,693	70,012	56,840	53,778	48,259
Accrued charges and deferred income`492/3`	6,222	29,528	10,601	21,160	33,306	23,211	9,350	6,661	2,661	7,424	3,991	3,091	-	-	88,970	162,761	-	-	1,071
Income statement
Non-recurring operating income`76A`	-	-	-	-	-	-	857,041	-	780	-	215	-	-	-	-	-	-	-	-
Gross operating margin`9900`	112,057	139,807	66,226	327,970	1,044	-95,356	568,817	-56,993	78,574	124,225	75,954	9,380	44,057	26,811	100,021	63,266	80,116	65,498	62,379
Remuneration, social security and pensions`62`	1,086	-	-	12	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	127,989	121,986	75,798	68,180	45,135	13,212	12,564	51,760	49,022	50,196	40,044	27,597	19,048	15,646	15,563	16,472	16,180	16,180	16,180
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	-	3,257	-	5,521	-	-	-	-	-	-	-	-	-	-5,921	-77	5,998	-	1,530	787
Provisions for liabilities and charges: additions (uses and reversals)`635/8`	-	-	-	-	-	-	-	-	-20,000	20,000	-	-57,500	-	-	-2,500	20,000	20,000	20,000	-
Other operating charges`640/8`	47,578	46,357	41,073	52,460	35,353	1,306	65,142	33,015	33,706	32,324	30,456	27,439	11,148	6,659	43,422	1,980	112	3,649	359
Operating profit (loss)`9901`	-64,595	-31,793	-50,644	201,796	-79,444	-109,875	491,111	-141,768	15,845	21,704	5,454	11,844	13,862	10,427	43,613	18,816	43,824	24,138	45,053
Financial income`75/76B`	20	2,270	2,789	70	2,383	105	95	0	0	-	16	25	38	55	770	17	56	5	3
Recurring financial income`75`	20	540	2,789	70	713	105	95	0	0	-	16	25	38	55	770	17	56	5	3
Non-recurring financial income`76B`	-	1,730	-	-	1,670	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Financial charges`65/66B`	21,358	23,282	11,380	10,142	10,223	10,098	13,654	19,209	17,014	14,562	20,153	17,337	18,108	17,670	20,385	23,110	30,908	22,285	32,530
Recurring financial charges`65`	21,358	23,282	11,380	10,142	10,223	10,098	13,654	19,209	17,014	14,562	20,153	17,337	18,108	17,670	20,385	23,110	30,908	22,285	32,530
Profit (loss) for the period before taxes`9903`	-85,933	-52,805	-59,235	191,724	-87,284	-119,868	477,551	-160,976	-1,169	7,143	-14,467	-5,468	-4,208	-7,188	23,998	-4,277	12,972	1,858	12,526
Transfer from deferred taxes`780`	26,630	11,515	11,515	10,975	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income taxes`67/77`	-	-	-	-	-	-	-	-	523	1,004	-	1,046	185	-	10,150	419	3,242	0	-3
Profit (loss) for the period`9904`	-59,303	-41,290	-47,720	202,700	-80,194	-118,884	267,945	-159,148	137	7,967	-12,639	-4,685	-2,565	-5,360	15,817	-2,610	11,816	3,944	14,616
Transfer from tax-exempt reserves`789`	65,197	28,192	28,192	26,871	17,359	2,410	64,526	3,001	3,001	3,001	3,001	3,001	3,001	3,001	3,232	3,425	3,425	3,425	3,424
Transfer to tax-exempt reserves`689`	-	-	-	-	-	-	608,499	-	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) for the period to be appropriated`9905`	5,894	-13,099	-19,528	229,570	-62,835	-116,474	-276,028	-156,147	3,139	10,969	-9,638	-1,684	436	-2,358	19,049	814	15,241	7,369	18,040
Appropriation of the result
Profit (loss) to be appropriated`9906`	-405,522	-411,416	-398,317	-378,789	-608,359	-545,525	-429,051	-153,022	3,281	691	-10,278	44,258	45,942	45,506	47,864	28,815	28,001	12,760	5,391
Profit (loss) brought forward from the previous period`14P`	-411,416	-398,317	-378,789	-608,359	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	-	-	-	-	-	-	-	-	157	548	-	-	-	-	-	-	-	-	-
To the legal reserve`6920`	-	-	-	-	-	-	-	-	157	548	-	-	-	-	-	-	-	-	-
Profit to be distributed`694/7`	-	-	-	-	-	-	-	-	-	-	-	44,898	-	-	-	-	-	-	-
Return on contributions (dividend)`694`	-	-	-	-	-	-	-	-	-	-	-	44,898	-	-	-	-	-	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
30-06-2025	micro format	30-01-2026	2026-00030549	PDF
30-06-2024	micro format	25-02-2025	2025-00041416	PDF
30-06-2023	micro format	14-02-2024	2024-00031807	PDF
30-06-2022	micro format	31-01-2023	2023-00014706	PDF
30-06-2021	micro format	25-02-2022	2022-06500384	PDF
30-06-2020	micro format	19-02-2021	2021-05800573	PDF
30-06-2019	micro format	31-01-2020	2020-04500264	PDF
30-06-2018	micro format	07-02-2019	2019-04700113	PDF
30-06-2017	micro format	30-01-2018	2018-03000381	PDF
30-06-2016	abbreviated format	28-02-2017	2017-05600256	PDF
30-06-2015	abbreviated format	29-01-2016	2016-03500572	PDF
30-06-2014	abbreviated format	26-02-2015	2015-05000052	PDF
30-06-2013	abbreviated format	26-02-2014	2014-05400409	PDF
30-06-2012	abbreviated format	30-01-2013	2013-02200568	PDF
30-06-2011	abbreviated format	02-02-2012	2012-02600062	PDF
30-06-2010	abbreviated format	22-02-2011	2011-04100388	PDF
30-06-2009	abbreviated format	27-01-2010	2010-02900003	PDF
30-06-2008	abbreviated format	17-12-2008	2008-85800022	PDF
30-06-2007	abbreviated format	14-02-2008	2008-04600112	PDF
30-06-2006	abbreviated format	23-02-2007	2007-05700967	PDF
30-06-2005	abbreviated format	23-12-2005	2005-91400959	PDF
30-06-2004	abbreviated format	31-01-2005	2005-04002031	PDF
30-06-2003	abbreviated format	30-12-2003	2003-86601948	PDF
30-06-2002	abbreviated format	10-02-2003	2003-04101984	PDF
30-06-2001	abbreviated format	20-02-2002	2002-04603582	PDF
30-06-2000	abbreviated format	08-02-2001	2001-03800988	PDF
30-06-1999	abbreviated format	17-03-2000	2000-06703349	PDF
30-06-1998	abbreviated format	12-05-1999	1999-10003534	PDF
30-06-1997	abbreviated format	23-12-1997	1997-58100645	PDF
30-06-1996	abbreviated format	28-01-1997	1997-01301957	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
EBITDA	63,394	90,193	25,153	269,976	-34,309	-96,663	503,674	-90,008	64,867	71,901	45,498	39,441	32,909	26,073	59,175	35,288	60,004	40,319	61,233
Cash flow	68,686	80,696	28,078	270,880	-35,059	-105,672	280,509	-107,388	49,159	58,164	27,405	22,912	16,482	10,286	31,379	13,862	27,997	20,124	30,796
Investment in fixed assets	205,696	51,698	998,992	51,659	233,542	297,642	41,301	34,676	1,142	28,542	120,910	107,131	74,089	6,621	250	11,640	375	625	500
Change in cash	-66,010	-37,165	-38,663	85,181	-136,419	60,923	150,761	-64,856	42,675	16,263	2,270	-5,463	-82,813	88,684	-164,421	166,980	-1,079	-5,114	-
Working capital	-24,978	2,184	-577,848	238,920	89,996	356,042	745,959	-268,693	-334,343	-321,031	-324,457	-246,043	-257,720	-156,965	-30,471	54,155	-93,024	-95,121	-86,759
Solvency	5.7%	9.7%	10.5%	26.2%	4.6%	9.2%	23.4%	45.0%	56.4%	16.6%	17.3%	23.3%	20.6%	19.8%	19.8%	16.5%	20.6%	18.2%	17.2%
Current ratio	0.88	1.01	0.41	2.58	1.40	1.61	4.85	0.54	0.43	0.34	0.17	0.08	0.09	0.43	0.82	1.43	0.20	0.25	0.27
Debt to equity	14.54	8.00	7.41	1.88	14.77	7.77	2.23	1.17	0.73	4.55	4.41	2.95	3.14	3.31	3.35	4.23	3.17	3.88	4.33
ROE	-62.8%	-26.9%	-24.5%	83.5%	-200.1%	-98.8%	112.0%	-21.9%	0.0%	6.1%	-10.3%	-3.5%	-1.8%	-3.7%	10.4%	-1.9%	8.5%	3.1%	11.9%
ROA	-3.6%	-2.6%	-2.6%	21.8%	-9.2%	-9.1%	26.2%	-9.8%	0.0%	1.0%	-1.8%	-0.8%	-0.4%	-0.7%	2.1%	-0.3%	1.8%	0.6%	2.0%
Interest coverage	2.97	3.87	2.21	26.62	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Item	30-06-2025	30-06-2024	30-06-2023	30-06-2022
Tangible fixed assets	€205,676	€51,698	€998,992	€51,659
Financial fixed assets	€20	-	-	-
Depreciation and write-downs of the year	€127,989	€121,986	€75,798	€68,180

SERVIZO

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency5.7%

Current ratio0.88

Return on assets-3.6%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on SERVIZO

Next steps