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SERVOTECH

Active Private limited companyfounded 1991active for 35 yearsRue d'Hyon 9, 7022 MonsKBO/BCE: BE 0444.109.352 #6 oldest company in Hainaut, Research and development sector

Lifetime

17 annual accounts with figures on one time axis, 33 filings since 1992
peak €12,714 (2022)
-€3,634▼ €4,065
lowest -€8,606 (2017)
-€5,500▼ €3,833
peak €7,129 (2011)
-€20,779▼ €5,500
€33,372▲ 23.2%
Board3 names since 1991
2 directors and 1 other
Documentsfilings and deeds
25-06-202636 days before the deadline
2025micro format
Gross margin from €431 to -€3,634Loss of €5,5002 directors appointed, 1 resignation 17-03Equity from -€15,280 to -€20,779Debts from €27,083 to €33,372Cash from €3,996 to €1

Key points

from the 2025 annual accounts

Equity

-€20,779
202020212022202320242025

Debts exceed assets in financial year 2025.

Losses

-€8,724 in three years
-1,5582023-1,6662024-5,5002025

Every financial year from 2023 to 2025 closed with a loss. 2025 was the heaviest.

Debts

€33,372 265% of the balance sheet
Financial debts 3%Suppliers 12%Taxes and wages 7%Other 77%
Turnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,635 companies had the same profile as SERVOTECH has now. Each dot stands for 17 companies, two years later.

84.3%
were still trading
10.2%
stopped another way
4.5%
went bankrupt
  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 1.0% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,635 companies, not a prediction for SERVOTECH. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Manager, since 03-03-2025
Manager, since 03-03-2025
Board & ownership

Recent changes

2 directors appointed, 1 resignation Resignation: · Appointments: and · Director discharge: organe d'administration · Gazette deed
Change of role: , from manager to director “De promouvoir la création, le développement et la gestion de recherches, de consulting, de formations, de…” (deed in French) · Legal-form conversion: from coöperatieve vennootschap met beperkte aansprakelijkheid to private limited company · Director discharge: · General meeting of 05-04-2022 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0444109352
First establishment Rue d'Hyon 9, Mons
All 43 events

Comparable companies

same main activity, similar in size and age
Company
SERVOTECH Mons €12,592 -€3,634 -165.0% -
MEDITIME Wemmel €27,125 €2,892 29.5% -
SOCIAL FOCUS Gerpinnes €41,549 €4,130 99.8% -
LISN Hélécine €51,223 -€6,075 43.3% -
AREADNE Temse €10,535 €6,700 -571.7% -
Institut pour les Recherches Politiques, Economiques et Sociétales Saint-Josse-ten-Noode €8,676 €2,388 31.5% -
UMIDRA Plombières €6,960 -€20 42.5% -

These companies have the same main activity as SERVOTECH: scientific research and development (NACE 72200). They are comparable in size and age: total assets between €6,960 and €51,200, founded between 2002 and 2020.

Official details

Source: KBO
Status
Active since 07-05-1991Normal situation
Activity
Scientific research and developmentNACE 72200
Establishment unit
2.052.863.8547022 Mons, since 30-05-1991
Financial year end
31 December
Peppol
Reachable since 20-11-2020
Company details

Annual accounts 2025

€12,592▲ 6.7%
Filing
Filed on 25-06-2026, 36 days before the end of the filing period
Financials

Insights on SERVOTECH

SERVOTECH files the micro format. That format states no turnover. The gross margin fell from €6,536 in 2008 to -€3,634 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about SERVOTECH

What is the company number of SERVOTECH?
The company number of SERVOTECH is 0444.109.352. The VAT number is the same number with BE in front: BE 0444.109.352.
Where is SERVOTECH based?
The registered office is at Rue d'Hyon 9, 7022 Mons.Company details
What does SERVOTECH do?
According to the KBO register, the main activity is scientific research and development (NACE 72200).
What is the legal form of SERVOTECH?
SERVOTECH is a private limited company (BV).
When was SERVOTECH founded?
SERVOTECH was founded on 07-05-1991.
Is SERVOTECH still active?
Yes, SERVOTECH is an active enterprise in the KBO register.
What is the turnover of SERVOTECH?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is SERVOTECH profitable?
In financial year 2025, SERVOTECH made a loss of €5,500.
Where can I find the annual accounts of SERVOTECH?
SERVOTECH filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SERVOTECH due?
SERVOTECH must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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