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Servolt

Active
Private limited companyfounded 2025active for 1 yearWinterpoel 2, 1840 Londerzeel, BelgiumKBO/BCE: BE 1019.146.930

The file of Servolt contains 2 historical bankruptcy publications, as published in the Belgian Official Gazette.

Summary

The computed 12-month bankruptcy probability is 2.1% (moderate). The 2025 annual accounts show equity of €11,489 and a net result of €10,489. Its solvency ranks better than 9% of 9,787 sector peers (NACE 43, financial year 2025).

Financials · financial year 2025, abbreviated format

Equity
€11,489
Total assets
€214,283
Net result
€10,489
Working capital
€11,489

Turnover and EBIT margin not published: the abbreviated format does not require them.

Balance-sheet composition
Equity and liabilities €214,283
Equity €11,489
Debt €202,794
Debt finances 94.6% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€18,978
Cash flow
€13,081
Current ratio
1.06
Quick ratio
0.81
Debt to equity
17.65
ROE
91.3%
ROA
4.9%
Interest coverage
51.86
Debt ≤ 1 year
€202,794
Income taxes
€6,043
Staff costs
€19,729

Peer companies

Historical observation

Of the 514 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96.9% are still going.

  • Micro
  • under 2 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
1.8% went bankrupt
1.2% stopped otherwise
96.9% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 514 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 36 lines
Balance sheet Code2025
Assets
Total assets20/58€214,283
Current assets29/58€214,283
Stocks and contracts in progress3€50,000
Stocks30/36€50,000
Amounts receivable within one year40/41€138,055
Trade receivables40€32,047
Other amounts receivable41€106,009
Cash at bank and in hand54/58€26,228
Equity and liabilities
Total equity and liabilities10/49€214,283
Equity10/15€11,489
Contributions10/11€1,000
Reserves13€10,489
Distributable reserves133€10,489
Amounts payable17/49€202,794
Amounts payable within one year42/48€202,794
Trade debts44€196,133
Suppliers440/4€196,133
Taxes, remuneration and social security45€6,660
Taxes450/3€6,041
Remuneration and social security454/9€619
Income statement Code2025
Remuneration, social security and pensions62€19,729
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,591
Other operating charges640/8€58
Gross operating margin9900€38,765
Operating profit (loss)9901€16,387
Financial income75/76B€512
Recurring financial income75€512
Financial charges65/66B€366
Recurring financial charges65€366
Profit (loss) for the period before taxes9903€16,533
Income taxes67/77€6,043
Profit (loss) for the period9904€10,489
Profit (loss) for the period to be appropriated9905€10,489
Appropriation of the result
Profit (loss) to be appropriated9906€10,489
Transfer to equity691/2€10,489
To other reserves6921€10,489

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€19,729
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,591
Other operating charges640/8€58
Gross operating margin9900€38,765
Operating profit (loss)9901€16,387
Financial income75/76B€512
Recurring financial income75€512
Financial charges65/66B€366
Recurring financial charges65€366
Profit (loss) for the period before taxes9903€16,533
Income taxes67/77€6,043
Profit (loss) for the period9904€10,489
Profit (loss) for the period to be appropriated9905€10,489
Line2025
Assets
Total assets20/58€214,283
Current assets29/58€214,283
Stocks and contracts in progress3€50,000
Stocks30/36€50,000
Amounts receivable within one year40/41€138,055
Trade receivables40€32,047
Other amounts receivable41€106,009
Cash at bank and in hand54/58€26,228
Equity and liabilities
Total equity and liabilities10/49€214,283
Equity10/15€11,489
Contributions10/11€1,000
Reserves13€10,489
Distributable reserves133€10,489
Amounts payable17/49€202,794
Amounts payable within one year42/48€202,794
Trade debts44€196,133
Suppliers440/4€196,133
Taxes, remuneration and social security45€6,660
Taxes450/3€6,041
Remuneration and social security454/9€619
Line2025
Profit (loss) for the period9904€10,489
+ Depreciation and write-downs630€2,591
Operating cash flow (approximation)€13,081

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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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 abbreviated format 31-07-2026 2026-00362889

Similar companies · same sector, comparable size

Of the 9,480 active companies whose main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222), figures are known for 5,708. 2,771 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.