ACTIVE

SERVEX

Financial year 2025 · closed on 31/12/2025
Net result
4,4 k €
-81.3% YoY
Gross margin
675,4 k €
-29.2% YoY
Equity
6,7 M €
+0.1% YoY
Workforce
11,7 ETP
-25.5% YoY

What does SERVEX do?

SERVEX is a Private limited company incorporated in 1976. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Roeselare. It employs on average 11,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0416.483.554
Incorporation
09/09/1976
Legal form
Private limited company
Registered office
Industrieweg 45
8800 Roeselare · FlandreSee on map
Contributed capital
3 736 600,00 €
Latest accounts
31/12/2025
Average workforce
11,7 ETP
Joint committees (3)
  • 111
  • 124
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin675,4 k €954 k €960,1 k €832,7 k €806,8 k €841,5 k €921,5 k €745,4 k €702,8 k €556,2 k €410,4 k €550,6 k €330,8 k €243,2 k €270,7 k €260,3 k €199,7 k €197,4 k €73,5 k €27,7 k €
EBITDA34,3 k €38,6 k €111,7 k €106,3 k €172,8 k €203,5 k €256,3 k €175,2 k €212,3 k €117,7 k €95,4 k €117,7 k €12 k €2,1 k €14,1 k €20,2 k €6,1 k €9,3 k €10,5 k €16,3 k €
Operating result22,7 k €35 k €111,7 k €103 k €168,6 k €198,6 k €248,1 k €165,7 k €203 k €108,4 k €75,6 k €108,4 k €12 k €2,1 k €14,1 k €20,2 k €6,1 k €2,1 k €3,3 k €9,1 k €
Net result4,4 k €23,4 k €64,7 k €66,8 k €127,1 k €144,9 k €772,1 k €112,7 k €307 k €185,5 k €828,1 k €177,4 k €180,3 k €141,4 k €109,2 k €201,3 k €180,7 k €327 €20 €3,8 k €
Balance sheet
Equity6,7 M €6,7 M €6,7 M €7 M €6,9 M €6,8 M €6,6 M €5,9 M €5,8 M €6,9 M €6,8 M €6 M €6 M €5,9 M €5,7 M €5,6 M €5,4 M €5,3 M €35 k €35 k €
Total assets7 M €7 M €7 M €7,2 M €7,2 M €7,1 M €6,9 M €7,4 M €7,5 M €7,7 M €8 M €7,2 M €7,4 M €7,3 M €7,2 M €7,1 M €7,3 M €7 M €54,4 k €53,1 k €
Cash382,5 k €238,8 k €593,8 k €393 k €776,4 k €736,5 k €297,9 k €381,9 k €350,6 k €468,3 k €778,6 k €157 k €299,1 k €289,3 k €78,6 k €58,6 k €252 k €10 k €1,6 k €2,2 k €
Debts297,1 k €291,2 k €277,3 k €263,4 k €258,9 k €308,7 k €290,5 k €1,5 M €1,8 M €675,4 k €1,2 M €1,2 M €1,5 M €1,4 M €1,4 M €1,4 M €1,8 M €1,8 M €19,4 k €18,1 k €
Other
Workforce11,7 ETP15,7 ETP13,6 ETP13,0 ETP11,7 ETP12,7 ETP12,6 ETP11,0 ETP10,0 ETP10,0 ETP8,0 ETP8,0 ETP8,0 ETP6,0 ETP6,0 ETP6,0 ETP7,0 ETP5,0 ETP1,0 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 5 ended

Active mandates

Frank Deneckere

Director

Active
Joke Sansen

Director

Active

Ended mandates

Frank Deneckere

Director · since 12 décembre 2008

Ended
Frank Deneckere

Manager · since 12 décembre 2008

Ended
Joke Sansen

Director · since 12 décembre 2008

Ended
Joke Sansen

Manager · since 12 décembre 2008

Ended
At this address

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0653.728.233
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PUNCH SOLUTIONSActive
0807.740.081
WILLY GOODActive
1013.577.645
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 date23/07/202622/07/202530/08/202425/08/202319/08/202220/07/2021
General meeting17/07/202613/06/202530/08/202423/08/202320/07/202230/06/2021
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 model31/12/202517/07/202623/07/2026DutchPDF
Abridged model31/12/202413/06/202522/07/2025DutchPDF
Abridged model31/12/202330/08/202430/08/2024DutchPDF
Abridged model31/12/202223/08/202325/08/2023DutchPDF
Abridged model31/12/202120/07/202219/08/2022DutchPDF
Abridged model31/12/202030/06/202120/07/2021DutchPDF
Abridged model31/12/201915/07/202020/07/2020DutchPDF
Abridged model31/12/201826/06/201905/07/2019DutchPDF
Abridged model31/12/201709/05/201829/08/2018DutchPDF
Abridged model31/12/201617/05/201721/08/2017DutchPDF
Abridged model31/12/201525/05/201625/08/2016DutchPDF
Abridged model31/12/201406/05/201517/07/2015DutchPDF
Abridged model31/12/201308/05/201409/07/2014DutchPDF
Abridged model31/12/201229/05/201320/06/2013DutchPDF
Abridged model31/12/201109/05/201227/08/2012DutchPDF
Abridged model31/12/201011/05/201129/08/2011DutchPDF
Abridged model31/12/200919/05/201027/08/2010DutchPDF
Abridged model31/12/200815/04/200930/09/2009DutchPDF
Abridged model31/12/200725/06/200827/09/2008DutchPDF
Abridged model31/12/200627/06/200727/08/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 2 active · 5 ended

Active mandates

Frank Deneckere

Director

Active
Joke Sansen

Director

Active

Ended mandates

Frank Deneckere

Director · since 12 décembre 2008

Ended
Frank Deneckere

Manager · since 12 décembre 2008

Ended
Joke Sansen

Director · since 12 décembre 2008

Ended
Joke Sansen

Manager · since 12 décembre 2008

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates06/07/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares27/12/2017
    KAPITAAL - AANDELEN
    PDF
  • Mandates14/04/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares29/01/2009
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office28/07/2004
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates28/07/2004
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office25/10/2002
    MAATSCHAPPELIJKE ZETEL
    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 20254,4 k €
  2. 2024
    Annual accounts 202423,4 k €
  3. 2023
    Annual accounts 202364,7 k €
  4. 2022
    Annual accounts 202266,8 k €
  5. 2021
    Annual accounts 2021127,1 k €
  6. 2020
    Annual accounts 2020144,9 k €
  7. 2019
    Annual accounts 2019772,1 k €
  8. 2018
    Annual accounts 2018112,7 k €
  9. 2017
    Annual accounts 2017307 k €
  10. 2016
    Annual accounts 2016185,5 k €
  11. 2015
    Annual accounts 2015828,1 k €
  12. 2014
    Annual accounts 2014177,4 k €
  13. 2013
    Annual accounts 2013180,3 k €
  14. 2012
    Annual accounts 2012141,4 k €
  15. 2011
    Annual accounts 2011109,2 k €
  16. 2010
    Annual accounts 2010201,3 k €
  17. 2009
    Annual accounts 2009180,7 k €
  18. 2008
    Annual accounts 2008327 €
  19. 2007
    Annual accounts 200720 €
  20. 2006
    Annual accounts 20063,8 k €
  21. 09/09/1976
    IncorporationPrivate limited company