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SERVMOT

Active Risk: not assessed
Private limited companyfounded 20197 yrs activeLucien Reychlerstraat 60, 9250 Waasmunster, BelgiumKBO/BCE: BE 0722.683.850
Summary

SERVMOT is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €5.1m and a net result of €5.0m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 72% of 8074 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals

Two signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
202122232425
2020 to 2025 · latest year €5.1m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
31 d early
2024
30 d early
2023
8 d late
2022
on the day
2021
30 d late
2020
1 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 4 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.

Checked, nothing found (2)
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 months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

SERVMOT was incorporated on 13 March 2019.1 Total assets rose from EUR 958,921 in 2020 to EUR 6.7 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€5.1m▲ 4,233%
2024 · €117,103
Net result
€5.0m▲ 1,105%
2024 · €411,404
Total assets
€6.7m▲ 593%
2024 · €971,728
Solvency
75.3%▲ 63.3pp
2024 · 12.1%
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€495,901▼ 35.5%€482,524▼ 2.7%€932,208▲ 93.2%€545,092▼ 41.5%€6.6m▲ 1,113%
Net result€375,803above the sector's middle half▼ 31.8%€365,968above the sector's middle half▼ 2.6%€694,233above the sector's middle half▲ 89.7%€411,404above the sector's middle half▼ 40.7%€5.0mabove the sector's middle half▲ 1,105%
Equity€945,498above the sector's middle half▲ 66.0%€1.3mabove the sector's middle half▲ 38.7%€105,699within the sector's middle half▼ 91.9%€117,103within the sector's middle half▲ 10.8%€5.1mabove the sector's middle half▲ 4,233%
Total assets€1.3mabove the sector's middle half▲ 39.6%€1.5mabove the sector's middle half▲ 15.2%€1.2mabove the sector's middle half▼ 22.3%€971,728above the sector's middle half▼ 18.9%€6.7mabove the sector's middle half▲ 593%
Debt€393,019▲ 1.0%€230,210▼ 41.4%€1.1m▲ 374%€854,626▼ 21.8%€1.7m▲ 94.3%
Working capital€926,874▲ 73.1%€1.3m▲ 41.1%€47,834▼ 96.3%€68,172▲ 42.5%€5.0m▲ 7,217%
Solvency70.6%within the sector's middle half▲ 11.2pp85.1%above the sector's middle half▲ 14.4pp8.8%below the sector's middle half▼ 76.2pp12.1%below the sector's middle half▲ 3.2pp75.3%within the sector's middle half▲ 63.3pp
Staff (FTE)0.80.6▼ 25.0%
above within below the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€2.0m€4.0m€6.0mOperating result 2021: €495,901€495,901Net result 2021: €375,803€375,803Operating result 2022: €482,524€482,524Net result 2022: €365,968€365,968Operating result 2023: €932,208€932,208Net result 2023: €694,233€694,233Operating result 2024: €545,092€545,092Net result 2024: €411,404€411,404Operating result 2025: €6.6m€6.6mNet result 2025: €5.0m€5.0m20212022202320242025€0€2m€4m€6mOperating result 2023: €932,208€932,000Net result 2023: €694,233€694,000Operating result 2024: €545,092€545,000Net result 2024: €411,404€411,000Operating result 2025: €6.6m€6.6mNet result 2025: €5.0m€5m202320242025
The operating result recovers in 2025; 2025 is 1,113% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.7m
Fixed assets €86,112 ▲ 76.0%
Current assets €6.6m ▲ 620%
Equity and liabilities €6.7m
Equity €5.1m ▲ 4,233%
Debt €1.7m ▲ 94.3%
Debt's share of the balance-sheet total falls from 87.9% to 24.7%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
ROE
97.7%▼
2024 · 351.3%
ROA
73.6%▲
2024 · 42.3%
Debt ≤ 1 year
€1.7m▲
2024 · €854,626
Income taxes
€1.7m▲
2024 · €142,851
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€971,728€6.7m▲
Fixed assets21/28€48,930€86,112▲
Tangible fixed assets22/27€48,930€86,112▲
Plant, machinery and equipment23€1,541€578▼
Furniture and vehicles24€42,976€82,073▲
Other tangible fixed assets26€4,414€3,461▼
Current assets29/58€922,798€6.6m▲
Amounts receivable after more than one year29€309,262€324,262▲
Other amounts receivable291€309,262€324,262▲
Amounts receivable within one year40/41€76,419€66,931▼
Trade receivables40€65,269€66,931▲
Other amounts receivable41€11,150€0▼
Cash at bank and in hand54/58€535,435€6.3m▲
Deferred charges and accrued income490/1€1,682€2,610▲
Equity and liabilities
Total equity and liabilities10/49€971,728€6.7m▲
Equity10/15€117,103€5.1m▲
Contributions10/11€18,550€18,550=
Reserves13€98,553€5.1m▲
Distributable reserves133€98,553€5.1m▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€854,626€1.7m▲
Amounts payable within one year42/48€854,626€1.7m▲
Trade debts44€39,955€1,159▼
Suppliers440/4€39,955€1,159▼
Taxes, remuneration and social security45€25,554€1.3m▲
Taxes450/3€8,054€1.3m▲
Remuneration and social security454/9€17,500€17,500=
Other amounts payable47/48€789,117€329,438▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,702€22,946▲
Other operating charges640/8€3,937€4,268▲
Gross operating margin9900€562,730€6.6m▲
Operating profit (loss)9901€545,092€6.6m▲
Financial income75/76B€9,296€15,001▲
Recurring financial income75€9,296€15,001▲
Financial charges65/66B€133€131▼
Recurring financial charges65€133€131▼
Profit (loss) for the period before taxes9903€554,254€6.6m▲
Income taxes67/77€142,851€1.7m▲
Profit (loss) for the period9904€411,404€5.0m▲
Profit (loss) for the period to be appropriated9905€411,404€5.0m▲
Appropriation of the result
Profit (loss) to be appropriated9906€411,404€5.0m▲
Transfer from equity791/2€0-
Transfer to equity691/2€11,404€5.0m▲
To other reserves6921€11,404€5.0m▲
Profit to be distributed694/7€400,000€0▼
Return on contributions (dividend)694€400,000€0▼

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

Line20212022202320242025Change
Remuneration, social security and pensions62€61,885€42,090€0---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,914€15,950€8,529€13,702€22,946▲ 67.5%
Other operating charges640/8€1,811€3,266€4,360€3,937€4,268▲ 8.4%
Non-recurring operating charges66A-€51€0---
Gross operating margin9900€575,511€543,880€945,097€562,730€6.6m▲ 1,080%
Operating profit (loss)9901€495,901€482,524€932,208€545,092€6.6m▲ 1,113%
Financial income75/76B€4,046€5,313€17€9,296€15,001▲ 61.4%
Recurring financial income75€4,046€5,313€17€9,296€15,001▲ 61.4%
Financial charges65/66B€151€618€104€133€131▼ 1.3%
Recurring financial charges65€151€618€104€133€131▼ 1.3%
Profit (loss) for the period before taxes9903€499,796€487,218€932,120€554,254€6.6m▲ 1,096%
Income taxes67/77€123,993€121,250€237,887€142,851€1.7m▲ 1,069%
Profit (loss) for the period9904€375,803€365,968€694,233€411,404€5.0m▲ 1,105%
Profit (loss) for the period to be appropriated9905€375,803€365,968€694,233€411,404€5.0m▲ 1,105%
Line20212022202320242025Change
Assets
Total assets20/58€1.3m€1.5m€1.2m€971,728€6.7m▲ 593%
Fixed assets21/28€18,623€3,443€57,865€48,930€86,112▲ 76.0%
Tangible fixed assets22/27€18,260€3,443€57,865€48,930€86,112▲ 76.0%
Plant, machinery and equipment23€51€842€2,845€1,541€578▼ 62.5%
Furniture and vehicles24€18,210€2,601€55,020€42,976€82,073▲ 91.0%
Other tangible fixed assets26---€4,414€3,461▼ 21.6%
Financial fixed assets28€363€0----
Current assets29/58€1.3m€1.5m€1.1m€922,798€6.6m▲ 620%
Amounts receivable after more than one year29€69,043€262,313€0€309,262€324,262▲ 4.9%
Other amounts receivable291€69,043€262,313€0€309,262€324,262▲ 4.9%
Amounts receivable within one year40/41€65,165€59,192€63,138€76,419€66,931▼ 12.4%
Trade receivables40€65,165€59,192€63,138€65,269€66,931▲ 2.5%
Other amounts receivable41---€11,150€0▼ 100%
Cash at bank and in hand54/58€1.2m€1.2m€1.1m€535,435€6.3m▲ 1,068%
Deferred charges and accrued income490/1--€1,626€1,682€2,610▲ 55.2%
Equity and liabilities
Total equity and liabilities10/49€1.3m€1.5m€1.2m€971,728€6.7m▲ 593%
Equity10/15€945,498€1.3m€105,699€117,103€5.1m▲ 4,233%
Contributions10/11€18,550€18,550€18,550€18,550€18,550=
Reserves13€926,948€1.3m€87,149€98,553€5.1m▲ 5,030%
Distributable reserves133€926,948€1.3m€87,149€98,553€5.1m▲ 5,030%
Profit (loss) carried forward14--€0€0€0-
Amounts payable17/49€393,019€230,210€1.1m€854,626€1.7m▲ 94.3%
Amounts payable within one year42/48€393,019€230,210€1.1m€854,626€1.7m▲ 94.3%
Trade debts44€226,718€165,918€18,864€39,955€1,159▼ 97.1%
Suppliers440/4€226,718€165,918€18,864€39,955€1,159▼ 97.1%
Taxes, remuneration and social security45€163,986€64,100€69,394€25,554€1.3m▲ 5,103%
Taxes450/3€156,849€50,100€52,394€8,054€1.3m▲ 16,191%
Remuneration and social security454/9€7,138€14,000€17,000€17,500€17,500=
Other amounts payable47/48€2,315€192€1.0m€789,117€329,438▼ 58.3%
Line20212022202320242025Change
Profit (loss) for the period9904€375,803€365,968€694,233€411,404€5.0m▲ 1,105%
+ Depreciation and write-downs630€15,914€15,950€8,529€13,702€22,946▲ 67.5%
Operating cash flow (approximation)€391,717€381,919€702,762€425,105€5.0m▲ 1,071%
Investment in fixed assets (approximation)--€770-€62,951-€4,767-€60,128▼ 1,161%
Change in cash-€31,043-€141,365-€539,928€5.7m▲ 1,159%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2020net €5.0m ▲1,105%
Operating result €6.6m, net result €5.0m, both a record.
31-12
Financial Liquidity quadruplescurrent ratio 4.00
Current ratio from 1.08 to 4.00.
31-12
Financial Equity above €5mEq €5.1m ▲4,233%
6 profitable years in a row build equity to €5.1m.
01-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
08-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
2023
31-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet €365,968 ▼2.6%
Net result drops to €365,968, the lowest in the series; recovery starts the following year.
31-12
Financial Equity above €1mEq €1.3m ▲38.7%
3 profitable years in a row build equity to €1.3m.
30-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
30-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
31-10
State Gazette act Merger · Share issue
Accounting effect · Capital
09-05
State Gazette act General meeting · Director resignation
Director appointment · Permanent representative
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Waasmunster · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
2,631 m²
Building footprint
284 m²
Volume, LiDAR
2,132 m³
Parcel 42342C1595/00D003, Flanders · tallest building 13.8 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Lucien Reychlerstraat 60, 9250 Waasmunster
Holdings
since 20192.288.355.605
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42342C1595/00D003 Flanders 2,631 m² 1 · 284 m² 13.8 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Connections & network

Depth

The group is listed under Ownership & control below; here you explore it as a network.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Ownership & control

1 board mandate
Board mandates of this companythis company sits on their board1
1 location

Similar companies · same sector, comparable size

Of 24,729 companies in sector 64210 we hold annual accounts for 19,773. 8,101 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded13-03-2019
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID 0208:0722683850
Also 9925:BE0722683850
Registered 08-12-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.