SERVOTECH
ActiveSummary
SERVOTECH has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€20,779) and a net result of -€5,500. Equity is growing by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 527 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-21
Solvency0=
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.35 against 0.34 in 2024; short-term debt: 265% and cash: 0% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-165%
Return on assets
-43.7%
Age of the figures
9 mo
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 72
Relative position
BE, all sectors
reference
Scientific research and development (NACE 72)
about 30% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€20,779
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 25-06-2026, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
36 d early
2024
61 d late
2023
30 d late
2022
60 d late
2021
5 d late
2020
85 d late
2019
174 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 54 days after the deadline; the sector median for financial year 2024 is 13 days before the deadline, and 32% 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. Usually files around 15 September (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
In the rankings
#6 oldest company in Hainaut, Research and development sector
Equity
-€20,779▼ 36.0%
2024 · -€15,280
Total assets
€12,592▲ 6.7%
2024 · €11,803
Net result
-€5,500▼ 230%
2024 · -€1,666
Working capital
-€21,651▼ 20.7%
2024 · -€17,935
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 72, Scientific research and development, 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€10,315€9,682▼ 6.1%-€1,443-€1,610▼ 11.6%-€5,417▼ 236%
Net result€10,403within the sector's middle half€2,981within the sector's middle half▼ 71.3%-€1,558below the sector's middle half-€1,666within the sector's middle half▼ 7.0%-€5,500below the sector's middle half▼ 230%
Equity-€15,036below the sector's middle half▲ 40.9%-€12,055below the sector's middle half▲ 19.8%-€13,613below the sector's middle half▼ 12.9%-€15,280below the sector's middle half▼ 12.2%-€20,779below the sector's middle half▼ 36.0%
Total assets€5,712below the sector's middle half▲ 254%€19,608below the sector's middle half▲ 243%€20,125below the sector's middle half▲ 2.6%€11,803below the sector's middle half▼ 41.4%€12,592below the sector's middle half▲ 6.7%
Debt€20,748▼ 23.3%€31,664▲ 52.6%€33,739▲ 6.6%€27,083▼ 19.7%€33,372▲ 23.2%
Working capital-€15,036below the sector's middle half▲ 41.4%-€12,995below the sector's middle half▲ 13.6%-€17,155below the sector's middle half▼ 32.0%-€17,935below the sector's middle half▼ 4.5%-€21,651below the sector's middle half▼ 20.7%
Solvency-263.2%below the sector's middle half-61.5%below the sector's middle half▲ 201.8pp-67.6%below the sector's middle half▼ 6.2pp-129.5%below the sector's middle half▼ 61.8pp-165.0%below the sector's middle half▼ 35.6pp
Current ratio0.28below the sector's middle half0.58below the sector's middle half▲ 0.300.48below the sector's middle half▼ 0.100.34below the sector's middle half▼ 0.140.35below the sector's middle half▲ 0.01
Return on assets (ROA)182.1%above the sector's middle half15.2%within the sector's middle half▼ 166.9pp-7.7%below the sector's middle half▼ 22.9pp-14.1%below the sector's middle half▼ 6.4pp-43.7%below the sector's middle half▼ 29.6pp
above
within
below
the middle half (P25 to P75) of NACE 72, Scientific research and development, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5,417 in 2025 against €1,610 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12,592
Fixed assets
€872 ▼ 67.2%
Current assets
€11,720 ▲ 28.1%
Key figures and ratios
EBITDA
-€3,634▼
2024 · €267
Cash flow
-€3,716▼
2024 · €211
Debt to equity
-1.61▲
2024 · -1.77
Interest coverage
-33.64▼
2024 · 2.45
Debt ≤ 1 year
€33,372▲
2024 · €27,083
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,639 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
4.1%
went bankrupt
9.8%
stopped otherwise
84%
still going
A further 2.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 6,639 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €1,012 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €235 | €94 | €1,006 | €1,878 | €1,783 | ▼ 5.0% |
| Other operating charges640/8 | €335 | €2,938 | €700 | €164 | - | - |
| Gross operating margin9900 | €10,885 | €12,714 | €263 | €431 | -€3,634 | ▼ 943% |
| Operating profit (loss)9901 | €10,315 | €9,682 | -€1,443 | -€1,610 | -€5,417 | ▼ 236% |
| Financial income75/76B | €236 | €0 | €19 | €53 | €25 | ▼ 52.7% |
| Recurring financial income75 | €236 | €0 | €19 | €53 | €25 | ▼ 52.7% |
| Financial charges65/66B | €148 | €143 | €106 | €109 | €108 | ▼ 1.2% |
| Recurring financial charges65 | €148 | €143 | €106 | €109 | €108 | ▼ 1.2% |
| Profit (loss) for the period before taxes9903 | €10,403 | €9,540 | -€1,530 | -€1,666 | -€5,500 | ▼ 230% |
| Income taxes67/77 | €0 | €6,559 | €28 | €0 | - | - |
| Profit (loss) for the period9904 | €10,403 | €2,981 | -€1,558 | -€1,666 | -€5,500 | ▼ 230% |
| Profit (loss) for the period to be appropriated9905 | €10,403 | €2,981 | -€1,558 | -€1,666 | -€5,500 | ▼ 230% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5,712 | €19,608 | €20,125 | €11,803 | €12,592 | ▲ 6.7% |
| Fixed assets21/28 | €0 | €1,932 | €4,533 | €2,655 | €872 | ▼ 67.2% |
| Tangible fixed assets22/27 | €0 | €1,932 | €4,533 | €2,655 | €872 | ▼ 67.2% |
| Furniture and vehicles24 | €0 | €1,932 | €4,533 | €2,655 | €872 | ▼ 67.2% |
| Current assets29/58 | €5,712 | €17,677 | €15,593 | €9,148 | €11,720 | ▲ 28.1% |
| Amounts receivable within one year40/41 | €945 | €2,913 | €5,152 | €5,152 | €10,735 | ▲ 108% |
| Trade receivables40 | €0 | €2,913 | €1,477 | €1,650 | €9,733 | ▲ 490% |
| Other amounts receivable41 | €945 | €0 | €3,675 | €3,501 | €1,001 | ▼ 71.4% |
| Cash at bank and in hand54/58 | €4,767 | €14,764 | €10,441 | €3,996 | €1 | ▼ 100.0% |
| Deferred charges and accrued income490/1 | - | - | - | - | €984 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5,712 | €19,608 | €20,125 | €11,803 | €12,592 | ▲ 6.7% |
| Equity10/15 | -€15,036 | -€12,055 | -€13,613 | -€15,280 | -€20,779 | ▼ 36.0% |
| Contributions10/11 | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Profit (loss) carried forward14 | -€21,234 | -€18,253 | -€19,811 | -€21,477 | -€26,977 | ▼ 25.6% |
| Amounts payable17/49 | €20,748 | €31,664 | €33,739 | €27,083 | €33,372 | ▲ 23.2% |
| Amounts payable within one year42/48 | €20,748 | €30,672 | €32,747 | €27,083 | €33,372 | ▲ 23.2% |
| Financial debts43 | - | - | - | - | €1,113 | - |
| Credit institutions430/8 | - | - | - | - | €1,113 | - |
| Trade debts44 | €0 | €4,404 | €8,087 | €2,424 | €4,110 | ▲ 69.5% |
| Suppliers440/4 | €0 | €4,404 | €8,087 | €2,424 | €4,110 | ▲ 69.5% |
| Advances received on contracts in progress46 | - | €1,575 | €0 | - | - | - |
| Taxes, remuneration and social security45 | €3,747 | €4,986 | €4,518 | €2,303 | €2,298 | ▼ 0.2% |
| Taxes450/3 | €3,747 | €4,986 | €4,518 | €2,303 | €2,298 | ▼ 0.2% |
| Other amounts payable47/48 | €17,001 | €19,707 | €20,142 | €22,355 | €25,851 | ▲ 15.6% |
| Accrued charges and deferred income492/3 | - | €992 | €992 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,403 | €2,981 | -€1,558 | -€1,666 | -€5,500 | ▼ 230% |
| + Depreciation and write-downs630 | €235 | €94 | €1,006 | €1,878 | €1,783 | ▼ 5.0% |
| Operating cash flow (approximation) | €10,638 | €3,075 | -€552 | €211 | -€3,716 | ▼ 1,858% |
| Investment in fixed assets (approximation) | - | -€2,026 | -€3,607 | €0 | €0 | - |
| Change in cash | - | €9,997 | -€4,323 | -€6,445 | -€3,995 | ▲ 38.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
05-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 5 days late
2021
31-08
Financial
Back to profitnet €10,403
Net result €10,403 after one loss-making year.
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 85 days late
2020
21-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 174 days late
31-08
Financial
Weakest financial yearnet -€7,470
Net result drops to -€7,470, the lowest in the series; recovery starts the following year.
2018
08-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 38 days late
2017
27-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 27 days late
2016
07-03
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB 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, Mons · 1 establishment unit since 1991
Ground area
1,935 m²
Building footprint
231 m²
Volume, LiDAR
1,266 m³
Parcel 53052A0058/00P003, Wallonia · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue d'Hyon 9, 7022 Mons
since 19912.052.863.854
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53052A0058/00P003 | Wallonia | 1,935 m² | 1 · 230 m² | 7.8 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.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 426 companies in sector 72200 we hold annual accounts for 146. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-05-1991
Fiscal year end31-12
Activities, NACEBEL 2025
72200Scientific research and development
E-invoicing
Reachable via Peppol
Peppol ID
0208:0444109352
Also
9925:BE0444109352
Registered
20-11-2020
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.