ACTIVE

SERVICO

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Financial year 2025 · closed on 31/12/2025

Net result

4,6 k €

-22.2% YoY

Gross margin

459,3 k €

+4.4% YoY

Equity

70,5 k €

+6.9% YoY

Workforce

6,9 ETP

0.0% YoY

What does SERVICO do?

SERVICO is a Private limited company incorporated in 1995. Its registered office is in Dilbeek. It employs on average 6,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0454.466.180

Incorporation

03/02/1995

Legal form

Private limited company

Registered office

Spoorwegstraat 32
1702 Dilbeek · FlandreSee on map

Contributed capital

19 500,00 €

Latest accounts

31/12/2025

Average workforce

6,9 ETP

Joint committees (4)

100
1000
2000
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	459,3 k €	+4.4%	439,9 k €	-5.6%	466,2 k €	-5.3%	492,2 k €	-15.9%	585,6 k €	-12.3%	667,8 k €	-1.8%	680 k €	+17.6%	578,4 k €	-13.5%	668,6 k €	-6.5%	715,5 k €	+13.9%	628 k €	-0.1%	628,5 k €	-4.4%	657,6 k €	-1.5%	667,3 k €	+2.2%	652,9 k €	+21.0%	539,5 k €	-18.0%	658,2 k €
EBITDA	33,8 k €	-15.1%	39,8 k €	-59.1%	97,2 k €	-2.7%	99,8 k €	-2.7%	102,6 k €	-6.6%	109,9 k €	+222%	34,1 k €	+10.7%	30,8 k €	+26.0%	24,4 k €	-16.2%	29,2 k €	-24.8%	38,8 k €	+46.2%	26,5 k €	-20.0%	33,2 k €	-31.2%	48,2 k €	+36.4%	35,3 k €	+318%	8,5 k €	-56.1%	19,3 k €
Operating result	12,6 k €	+0.6%	12,5 k €	-6.9%	13,4 k €	-3.6%	13,9 k €	+11.3%	12,5 k €	-38.9%	20,5 k €	+12.9%	18,1 k €	+4.0%	17,4 k €	+18.7%	14,7 k €	-8.5%	16 k €	-10.8%	18 k €	+177%	6,5 k €	-47.9%	12,4 k €	-57.1%	29 k €	+17.8%	24,6 k €	+214%	7,8 k €	-57.8%	18,6 k €
Net result	4,6 k €	-22.2%	5,9 k €	+72.5%	3,4 k €	-17.6%	4,1 k €	+101%	2,1 k €	-78.9%	9,8 k €	+501%	1,6 k €	+57.3%	1 k €	-19.7%	1,3 k €	-19.6%	1,6 k €	-33.8%	2,4 k €	+284%	-1,3 k €	-92.0%	-684 €	-107%	9,6 k €	+912%	951 €	-5.5%	1 k €	+308%	246,7 €
Balance sheet
Equity	70,5 k €	+6.9%	65,9 k €	+9.8%	60 k €	+6.0%	56,6 k €	+7.9%	52,5 k €	+5.0%	50 k €	+24.3%	40,2 k €	+4.2%	38,6 k €	+2.8%	37,5 k €	+3.6%	36,2 k €	+4.6%	34,6 k €	+7.5%	32,2 k €	-3.9%	33,5 k €	-2.0%	34,2 k €	+39.1%	24,6 k €	+4.0%	23,6 k €	+4.4%	22,6 k €
Total assets	159,8 k €	-22.0%	204,8 k €	+26.2%	162,2 k €	-32.5%	240,5 k €	-11.6%	271,9 k €	-36.5%	428 k €	-7.4%	462,4 k €	+162%	176,6 k €	-4.5%	184,9 k €	-21.7%	236,2 k €	+28.2%	184,2 k €	-38.1%	297,4 k €	+8.5%	274 k €	-1.3%	277,5 k €	-11.9%	315,1 k €	+55.5%	202,6 k €	+15.9%	174,9 k €
Cash	41,5 k €	+2.5%	40,5 k €	+104%	19,9 k €	-83.7%	121,6 k €	+1558%	7,3 k €	+151%	2,9 k €	-94.8%	55,8 k €	+100%	27,9 k €	-77.0%	121 k €	+2287%	5,1 k €	-26.6%	6,9 k €	-76.8%	29,8 k €	-12.4%	34 k €	-38.2%	55 k €	+228%	16,8 k €	-64.3%	47 k €	+91.3%	24,6 k €
Debts	89,3 k €	-35.7%	138,9 k €	+35.8%	102,2 k €	-24.2%	134,9 k €	-31.7%	197,5 k €	-44.5%	356 k €	-15.7%	422,2 k €	+206%	138,1 k €	-6.3%	147,4 k €	-26.0%	199,2 k €	+33.2%	149,6 k €	-41.4%	255,1 k €	+6.1%	240,5 k €	-1.2%	243,3 k €	-16.3%	290,5 k €	+62.9%	178,4 k €	+18.2%	150,9 k €
Other
Workforce	6,9 ETP	0.0%	6,9 ETP		–		7,4 ETP	-28.8%	10,4 ETP	-7.1%	11,2 ETP	-11.1%	12,6 ETP	+70.3%	7,4 ETP	-36.2%	11,6 ETP	-0.9%	11,7 ETP	+8.3%	10,8 ETP	+2.9%	10,5 ETP	-13.9%	12,2 ETP	-0.8%	12,3 ETP	-6.8%	13,2 ETP	+14.8%	11,5 ETP	+2.7%	11,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 48 ended

Active mandates

Bruno Ralet

Director · since 02 juin 2025 · until 05 juin 2031

Active

Alexandre Delaere

Director · since 07 juin 2021 · until 07 juin 2027

Active

Kevin Holvoet

Director · since 24 septembre 2019 · until 05 juin 2031

Active

Carole Thewissen

Director · since 06 juin 2016 · until 05 juin 2028

Active

Erik Meulemans

Director · since 03 juin 2013 · until 05 juin 2031

Active

Carine Lachapelle

Director · since 04 juin 2007 · until 05 juin 2031

Active

Ended mandates

Carine LACHAPELLE

Director · since 01 septembre 2020 · until 30 juin 2025

Ended

Kevin Holvoet

Director · since 24 septembre 2019 · until 02 juin 2025

Ended

Kevin HOLVOET

Director · since 24 septembre 2019 · until 30 juin 2025

Ended

Eric MEULEMANS

Director · since 03 juin 2019 · until 30 juin 2025

Ended

At this address

Other companies at this address

Company	CBE no.
A.B.C.D.● Active	0429.441.368
BEHEERSMAATSCHAPPIJ SERPYC● Active	0429.442.259

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Micro model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	14/07/2026	07/07/2025	01/07/2024	05/07/2023	28/07/2022	26/07/2021
General meeting	01/06/2026	02/06/2025	05/06/2024	05/06/2023	07/06/2022	03/01/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	01/06/2026	14/07/2026	Dutch	PDF
Abridged model	31/12/2024	02/06/2025	07/07/2025	Dutch	PDF
Micro model	31/12/2023	05/06/2024	01/07/2024	Dutch	PDF
Abridged model	31/12/2022	05/06/2023	05/07/2023	Dutch	PDF
Abridged model	31/12/2021	07/06/2022	28/07/2022	Dutch	PDF
Abridged model	31/12/2020	03/01/2021	26/07/2021	Dutch	PDF
Abridged model	31/12/2019	11/09/2020	24/09/2020	Dutch	PDF
Abridged model	31/12/2018	03/06/2019	19/07/2019	Dutch	PDF
Abridged model	31/12/2017	04/06/2018	29/08/2018	Dutch	PDF
Abridged model	31/12/2016	27/04/2017	05/07/2017	Dutch	PDF
Abridged model	31/12/2015	06/06/2016	26/08/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	20/08/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	26/06/2014	Dutch	PDF
Abridged model	31/12/2012	29/03/2013	28/06/2013	Dutch	PDF
Abridged model	31/12/2011	15/06/2012	19/06/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	20/07/2011	Dutch	PDF
Abridged model	31/12/2009	18/06/2010	12/08/2010	Dutch	PDF
Abridged model	31/12/2008	18/06/2009	14/07/2009	Dutch	PDF
Abridged model	31/12/2007	02/06/2008	26/06/2008	Dutch	PDF
Abridged model	31/12/2006	04/06/2007	06/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 6 active · 48 ended

Active mandates

Bruno Ralet

Director · since 02 juin 2025 · until 05 juin 2031

Active

Alexandre Delaere

Director · since 07 juin 2021 · until 07 juin 2027

Active

Kevin Holvoet

Director · since 24 septembre 2019 · until 05 juin 2031

Active

Carole Thewissen

Director · since 06 juin 2016 · until 05 juin 2028

Active

Erik Meulemans

Director · since 03 juin 2013 · until 05 juin 2031

Active

Carine Lachapelle

Director · since 04 juin 2007 · until 05 juin 2031

Active

Ended mandates

Carine LACHAPELLE

Director · since 01 septembre 2020 · until 30 juin 2025

Ended

Kevin Holvoet

Director · since 24 septembre 2019 · until 02 juin 2025

Ended

Kevin HOLVOET

Director · since 24 septembre 2019 · until 30 juin 2025

Ended

Eric MEULEMANS

Director · since 03 juin 2019 · until 30 juin 2025

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/08/2025
Uittreksel uit akte benoeming bestuurder; Uittreksel uit akte ontslag
PDF
Registered office11/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ALGEMENE VERGADERING
PDF
Mandates29/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/08/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/12/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/01/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/03/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/08/2014
ONTSLAGEN - BENOEMINGEN
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 20254,6 k €↓
2024
Annual accounts 20245,9 k €↑
2023
Annual accounts 20233,4 k €↓
2022
Annual accounts 20224,1 k €↑
2021
Annual accounts 20212,1 k €↓
2019
Annual accounts 20199,8 k €↑
2018
Annual accounts 20181,6 k €↑
2017
Annual accounts 20171 k €↓
2016
Annual accounts 20161,3 k €↓
2015
Annual accounts 20151,6 k €↓
2014
Annual accounts 20142,4 k €↑
2013
Annual accounts 2013-1,3 k €↓
2012
Annual accounts 2012-684 €↓
2011
Annual accounts 20119,6 k €↑
2010
Annual accounts 2010951 €↓
2009
Annual accounts 20091 k €↑
2008
Annual accounts 2008246,7 €
03/02/1995
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

SERVICO

Overview

What does SERVICO do?

Trend over 17 financial years

Indicative valuation

Board of directors

Other companies at this address

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