ACTIVE

Servaes

Export PDF

Financial year 2025 · closed on 30/09/2025

Net result

469,7 k €

+272.9% YoY

Gross margin

1,8 M €

+128.0% YoY

Equity

2,2 M €

+9.1% YoY

Workforce

13,1 ETP

+118.3% YoY

What does Servaes do?

Servaes is a Private limited company incorporated in 1974. Its main activity is: Wholesale of agricultural machinery, equipment and supplies. Its registered office is in Hoogstraten. It employs on average 13,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0414.335.894

Incorporation

01/01/1974

Legal form

Private limited company

Registered office

Katelijnestraat 32
2320 Hoogstraten · FlandreSee on map

Contributed capital

49 600,00 €

Latest accounts

30/09/2025

Average workforce

13,1 ETP

Activities (NACE)

46610Wholesale of agricultural machinery, equipment and supplies· main 46610Wholesale of agricultural machinery, equipment and supplies 47789Other retail sale of new goods in specialised stores 47789Other retail sale of new goods in specialised stores 51880Air transport 52498Warehousing and support activities for transportation

Joint committees (5)

149
14904
200
2000
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,8 M €	+128%	778,5 k €	-5.7%	825,9 k €	+5.0%	786,9 k €	+36.9%	574,7 k €	-6.4%	614,1 k €	-7.8%	666,1 k €	+21.4%	548,8 k €	+8.0%	507,9 k €	+0.7%	504,3 k €	+1.6%	496,2 k €	-9.1%	546 k €	-14.6%	639,6 k €	+27.2%	502,6 k €	-1.9%	512,4 k €	+20.7%	424,7 k €	+10.1%	385,9 k €
EBITDA	839 k €	+157%	326,5 k €	-15.6%	386,9 k €	+2.0%	379,4 k €	+56.7%	242,1 k €	-23.0%	314,4 k €	-10.3%	350,7 k €	+30.6%	268,6 k €	+44.8%	185,5 k €	-10.0%	206,2 k €	+22.6%	168,1 k €	-24.6%	223 k €	-38.1%	360,3 k €	+70.7%	211,1 k €	-7.5%	228,3 k €	+26.2%	180,9 k €	+8.0%	167,6 k €
Operating result	715,5 k €	+204%	235,1 k €	-19.1%	290,6 k €	+4.8%	277,2 k €	+50.8%	183,8 k €	-22.7%	237,7 k €	-18.9%	292,9 k €	+55.8%	188 k €	+61.0%	116,8 k €	-14.9%	137,1 k €	+36.6%	100,4 k €	-4.5%	105,2 k €	-36.0%	164,4 k €	+35.7%	121,2 k €	+26.3%	96 k €	-6.6%	102,8 k €	+7.5%	95,6 k €
Net result	469,7 k €	+273%	125,9 k €	-28.9%	177,2 k €	-0.8%	178,6 k €	+57.6%	113,4 k €	-25.0%	151,1 k €	-24.8%	201 k €	+94.9%	103,1 k €	+116%	47,8 k €	-31.0%	69,3 k €	+58.1%	43,9 k €	-18.0%	53,5 k €	-39.6%	88,5 k €	+32.4%	66,9 k €	-33.0%	99,9 k €	+173%	36,5 k €	-2.2%	37,4 k €
Balance sheet
Equity	2,2 M €	+9.1%	2 M €	+6.6%	1,9 M €	+10.3%	1,7 M €	+34.9%	1,3 M €	+9.2%	1,2 M €	+9.4%	1,1 M €	+12.7%	949,2 k €	+12.2%	846,1 k €	+5.7%	800,8 k €	+5.7%	757,8 k €	+6.1%	714 k €	+5.5%	676,9 k €	+11.9%	604,8 k €	+9.1%	554,3 k €	+19.3%	464,5 k €	+8.5%	427,9 k €
Total assets	4,5 M €	+5.1%	4,3 M €	-9.0%	4,7 M €	+12.1%	4,2 M €	+2.3%	4,1 M €	+13.7%	3,6 M €	-16.6%	4,4 M €	+18.7%	3,7 M €	+12.4%	3,3 M €	+7.8%	3 M €	+8.9%	2,8 M €	-4.7%	2,9 M €	-11.6%	3,3 M €	+65.4%	2 M €	-14.7%	2,3 M €	+21.4%	1,9 M €	+4.8%	1,8 M €
Cash	256,9 k €	+155%	100,7 k €	-79.9%	501,8 k €	+352%	111 k €	+10.6%	100,4 k €	+16.1%	86,4 k €	-44.5%	155,7 k €	-4.9%	163,7 k €	+158%	63,5 k €	-21.6%	81 k €	+203%	26,8 k €	-70.1%	89,6 k €	+55.8%	57,5 k €	+27.2%	45,2 k €	-48.9%	88,4 k €	+1316%	6,2 k €	+513%	1 k €
Debts	2,3 M €	+1.4%	2,3 M €	-19.5%	2,8 M €	+13.4%	2,5 M €	-12.3%	2,8 M €	+15.8%	2,5 M €	-25.0%	3,3 M €	+20.8%	2,7 M €	+12.6%	2,4 M €	+8.5%	2,2 M €	+10.2%	2 M €	-8.3%	2,2 M €	-15.9%	2,6 M €	+88.4%	1,4 M €	-22.2%	1,8 M €	+21.9%	1,5 M €	+3.8%	1,4 M €
Other
Workforce	13,1 ETP	+118%	6,0 ETP	-11.8%	6,8 ETP	+7.9%	6,3 ETP	+8.6%	5,8 ETP	+7.4%	5,4 ETP	-6.9%	5,8 ETP	0.0%	5,8 ETP	-9.4%	6,4 ETP	-5.9%	6,8 ETP	-1.4%	6,9 ETP	-2.8%	7,1 ETP	+14.5%	6,2 ETP	-1.6%	6,3 ETP	-4.5%	6,6 ETP	+13.8%	5,8 ETP	+9.4%	5,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 7 ended

Active mandates

Jozef Servaes

Director

Active

Tom Servaes

Director

Active

Ended mandates

Tom Servaes

Director · since 01 janvier 2013

Ended

Tom Servaes

Manager · since 01 janvier 2013

Ended

Jozef Jozef

Director · since 17 décembre 2007

Ended

Jozef Servaes

Director · since 17 décembre 2007

Ended

Annual accounts

Full financial information

	2025	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	30/09/2025	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	21 months	12 months	12 months	12 months	12 months	12 months
Filing date	16/03/2026	15/07/2024	28/07/2023	08/07/2022	02/06/2021	30/07/2020
General meeting	16/02/2026	28/06/2024	30/06/2023	30/06/2022	27/05/2021	30/06/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	16/02/2026	16/03/2026	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	15/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	28/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	08/07/2022	Dutch	PDF
Abridged model	31/12/2020	27/05/2021	02/06/2021	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	30/07/2020	Dutch	PDF
Abridged model	31/12/2018	30/06/2019	30/07/2019	Dutch	PDF
Abridged model	31/12/2017	29/06/2018	25/07/2018	Dutch	PDF
Abridged model	31/12/2016	16/06/2017	20/07/2017	Dutch	PDF
Abridged model	31/12/2015	10/06/2016	24/08/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	10/06/2014	28/08/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	05/08/2013	Dutch	PDF
Abridged model	31/12/2011	11/06/2012	30/08/2012	Dutch	PDF
Abridged model	31/12/2010	10/06/2011	29/07/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	27/07/2010	Dutch	PDF
Abridged model	31/12/2008	10/06/2009	29/07/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	25/07/2008	Dutch	PDF
Abridged model	31/12/2006	29/06/2007	23/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 30/09/2025 · 2 active · 7 ended

Active mandates

Jozef Servaes

Director

Active

Tom Servaes

Director

Active

Ended mandates

Tom Servaes

Director · since 01 janvier 2013

Ended

Tom Servaes

Manager · since 01 janvier 2013

Ended

Jozef Jozef

Director · since 17 décembre 2007

Ended

Jozef Servaes

Director · since 17 décembre 2007

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other27/11/2024
DIVERSEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates18/01/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Other24/04/2014
DIVERSEN
PDF
Capital / shares05/03/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates13/02/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/12/2007
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - 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

2025
Annual accounts 2025469,7 k €↑
2023
Annual accounts 2023125,9 k €↓
2022
Annual accounts 2022177,2 k €↓
2021
Annual accounts 2021178,6 k €↑
2018
Annual accounts 2018113,4 k €↓
2017
Annual accounts 2017151,1 k €↓
2016
Annual accounts 2016201 k €↑
2015
Annual accounts 2015103,1 k €↑
2014
Annual accounts 201447,8 k €↓
2013
Annual accounts 201369,3 k €↑
2012
Annual accounts 201243,9 k €↓
2011
Annual accounts 201153,5 k €↓
2010
Annual accounts 201088,5 k €↑
2009
Annual accounts 200966,9 k €↓
2008
Annual accounts 200899,9 k €↑
2007
Annual accounts 200736,5 k €↓
2006
Annual accounts 200637,4 k €
01/01/1974
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Servaes

Overview

What does Servaes do?

Trend over 17 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline