ACTIVE

Serviamus

Financial year 2025 · closed on 31/12/2025
Net result
-598,9 k €
-44.1% YoY
Gross margin
1,8 M €
+2353.9% YoY
Equity
23 M €
+24.1% YoY
Workforce
1,9 ETP
-13.6% YoY

What does Serviamus do?

Serviamus is a Non-profit organization incorporated in 1924. Its main activity is: Libraries, archives, museums and other cultural activities. Its registered office is in Hasselt. It employs on average 1,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0410.795.493
Incorporation
04/01/1924
Legal form
Non-profit organization
Registered office
Paul Bellefroidlaan 2C
3500 Hasselt · FlandreSee on map
Latest accounts
31/12/2025
Average workforce
1,9 ETP
Signals
Solid equityLow riskGood liquidityHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin1,8 M €-77,8 k €64,2 k €220 k €1,9 M €1,6 M €271,3 k €253,4 k €183,5 k €784,3 k €351,5 k €352,5 k €532,1 k €370 k €248,4 k €333,2 k €356,9 k €279,5 k €503,3 k €
EBITDA-635 k €-417,7 k €-268,2 k €-130,9 k €209,9 k €125,8 k €-851,4 k €-3,6 M €-3,1 M €-273,6 k €-397,1 k €-303,7 k €-124,7 k €-351,4 k €-403,4 k €-641 k €-799,5 k €-357,1 k €-358 k €
Operating result-855,6 k €-650 k €-501,8 k €-369,2 k €-28,7 k €1 k €-946,9 k €-3,6 M €-3,1 M €-363,4 k €-487,1 k €-382 k €-214,1 k €-440 k €-475,4 k €-726 k €-887,4 k €-433,1 k €-438,4 k €
Net result-598,9 k €-415,5 k €-182 k €-584,4 k €57,2 k €72,9 k €245,6 k €368,2 k €1,2 M €-205,7 k €-91,7 k €358 k €737 k €48,6 k €1,3 M €-144,8 k €623 k €-39,9 k €750,2 k €
Balance sheet
Equity23 M €18,5 M €19 M €19,1 M €19,7 M €19,7 M €19,6 M €19,3 M €18,7 M €17,5 M €17,7 M €17,8 M €17,4 M €16,7 M €16,6 M €15,3 M €15,4 M €14,8 M €14,8 M €
Total assets25,5 M €22,7 M €23,5 M €23,5 M €24 M €23,8 M €23,7 M €23,3 M €22,9 M €21,1 M €20,6 M €20,6 M €20,6 M €19,7 M €19,6 M €18 M €17,7 M €16,4 M €16,3 M €
Cash278,7 k €1,7 M €2 M €1,8 M €5,6 M €6,5 M €7,9 M €8,8 M €9,5 M €7,9 M €10,3 M €9,8 M €4,5 M €2,4 M €3,1 M €2,1 M €2,2 M €1,2 M €1,3 M €
Debts77,5 k €166,5 k €184 k €188,9 k €196,8 k €289,3 k €328,9 k €114,5 k €624,2 k €172,6 k €94,9 k €103,8 k €112,1 k €115,4 k €125 k €111,5 k €150,1 k €94,5 k €93,4 k €
Other
Workforce1,9 ETP2,2 ETP2,9 ETP3,4 ETP4,1 ETP4,4 ETP3,9 ETP5,2 ETP5,7 ETP8,0 ETP8,1 ETP8,1 ETP8,1 ETP8,1 ETP9,5 ETP9,4 ETP9,9 ETP10,4 ETP9,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 12 active · 30 ended

Active mandates

Bart Coenegrachts

Director · since 03 octobre 2025

Active
Etienne Sourbron

Chairman of the board of directors · since 03 octobre 2025

Active
Francis Loyens

Director · since 03 octobre 2025

Active
Frank Deloffer

Director · since 03 octobre 2025

Active
Johannes Tercic

Secretaris · since 03 octobre 2025

Active
Liesbeth Corvers

Director · since 03 octobre 2025

Active
Maria Cleeren

Director · since 22 septembre 2018 · until 03 octobre 2025

Active
Elsa Smits

Schatbewaarder · since 31 mai 2017 · until 03 octobre 2025

Active
Freddy Biets

Director · since 06 mars 2013 · until 03 octobre 2025

Active
Elza Vandenreyt

Vice-chairman of the board of directors · until 03 octobre 2025

Active
Maria Rombaut

Chairman of the board of directors · until 03 octobre 2025

Active
Maria Vanderfeesten

Secretaris · until 03 octobre 2025

Active

Ended mandates

Maria Cleeren

Director · since 22 septembre 2018

Ended
Renate Küppers

Director · since 22 septembre 2018 · until 22 septembre 2024

Ended
Renate Küppers

Director · since 22 septembre 2018

Ended
Elsa Smits

Mandate · since 31 mai 2017

Ended
At this address

Other companies at this address

Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date01/06/202623/05/202527/05/202405/06/202330/05/202215/06/2021
General meeting28/05/202622/05/202523/05/202425/05/202319/05/202227/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202528/05/202601/06/2026DutchPDF
Abridged model31/12/202422/05/202523/05/2025DutchPDF
Abridged model31/12/202323/05/202427/05/2024DutchPDF
Abridged model31/12/202225/05/202305/06/2023DutchPDF
Abridged model31/12/202119/05/202230/05/2022DutchPDF
Abridged model31/12/202027/05/202115/06/2021DutchPDF
Abridged model31/12/201928/05/202029/05/2020DutchPDF
Abridged model31/12/201823/05/201927/05/2019DutchPDF
Abridged model31/12/201723/05/201804/06/2018DutchPDF
Abridged model31/12/201631/05/201701/06/2017DutchPDF
Abridged model31/12/201525/05/201631/05/2016DutchPDF
Abridged model31/12/201427/05/201529/05/2015DutchPDF
Abridged model31/12/201314/05/201402/06/2014DutchPDF
Abridged model31/12/201204/06/201317/06/2013DutchPDF
Abridged model31/12/201110/04/201217/04/2012DutchPDF
Abridged model31/12/201019/04/201129/04/2011DutchPDF
Abridged model31/12/200912/05/201018/05/2010DutchPDF
Abridged model31/12/200828/05/200902/06/2009DutchPDF
Abridged model31/12/200718/06/200823/06/2008DutchPDF
Abridged model31/12/200609/05/200731/05/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 12 active · 30 ended

Active mandates

Bart Coenegrachts

Director · since 03 octobre 2025

Active
Etienne Sourbron

Chairman of the board of directors · since 03 octobre 2025

Active
Francis Loyens

Director · since 03 octobre 2025

Active
Frank Deloffer

Director · since 03 octobre 2025

Active
Johannes Tercic

Secretaris · since 03 octobre 2025

Active
Liesbeth Corvers

Director · since 03 octobre 2025

Active
Maria Cleeren

Director · since 22 septembre 2018 · until 03 octobre 2025

Active
Elsa Smits

Schatbewaarder · since 31 mai 2017 · until 03 octobre 2025

Active
Freddy Biets

Director · since 06 mars 2013 · until 03 octobre 2025

Active
Elza Vandenreyt

Vice-chairman of the board of directors · until 03 octobre 2025

Active
Maria Rombaut

Chairman of the board of directors · until 03 octobre 2025

Active
Maria Vanderfeesten

Secretaris · until 03 octobre 2025

Active

Ended mandates

Maria Cleeren

Director · since 22 septembre 2018

Ended
Renate Küppers

Director · since 22 septembre 2018 · until 22 septembre 2024

Ended
Renate Küppers

Director · since 22 septembre 2018

Ended
Elsa Smits

Mandate · since 31 mai 2017

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/10/2025
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates18/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office05/10/2021
    MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates09/10/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/06/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/11/2013
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates21/09/2007
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/12/2004
    MAATSCHAPPELIJKE ZETEL - BENAMING - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-598,9 k €
  2. 2025
    Name changeServiamus
  3. 2024
    Annual accounts 2024-415,5 k €
  4. 2023
    Annual accounts 2023-182 k €
  5. 2022
    Annual accounts 2022-584,4 k €
  6. 2021
    Annual accounts 202157,2 k €
  7. 2021
    Name changeVereniging van de Zusters Ursulinen
  8. 2020
    Annual accounts 202072,9 k €
  9. 2019
    Annual accounts 2019245,6 k €
  10. 2018
    Annual accounts 2018368,2 k €
  11. 2017
    Annual accounts 20171,2 M €
  12. 2016
    Annual accounts 2016-205,7 k €
  13. 2015
    Annual accounts 2015-91,7 k €
  14. 2014
    Annual accounts 2014358 k €
  15. 2013
    Annual accounts 2013737 k €
  16. 2012
    Annual accounts 201248,6 k €
  17. 2011
    Annual accounts 20111,3 M €
  18. 2010
    Annual accounts 2010-144,8 k €
  19. 2009
    Annual accounts 2009623 k €
  20. 2008
    Annual accounts 2008-39,9 k €
  21. 2007
    Annual accounts 2007750,2 k €
  22. 04/01/1924
    IncorporationNon-profit organization