ACTIVE

SERVIGO

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Financial year 2025 · closed on 30/09/2025

Net result

130 k €

+10.9% YoY

Gross margin

195,9 k €

+13.2% YoY

Equity

1,1 M €

-21.0% YoY

Workforce

0,0 ETP

What does SERVIGO do?

SERVIGO is a Public limited company incorporated in 2003. Its main activity is: Management consultancy activities. Its registered office is in Zemst.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0479.258.390

Incorporation

10/01/2003

Legal form

Public limited company

Registered office

Gulderij(W) 10
1982 Zemst · FlandreSee on map

Contributed capital

490 000,00 €

Latest accounts

30/09/2025

Average workforce

0,0 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities 64200Activities of holding companies 64210Activities of holding companies 74151Specialised design activities

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	195,9 k €	+13.2%	173,1 k €	-8.7%	189,5 k €	-23.3%	247,1 k €	+127%	109,1 k €	+19.2%	91,5 k €	-28.8%	128,5 k €	+34.1%	95,9 k €	+6.9%	89,6 k €	+53.1%	58,6 k €	+55.8%	37,6 k €	+2.9%	36,5 k €	-2.6%	37,5 k €	+4.1%	36 k €	+9.2%	33 k €	-6.8%	35,4 k €	+0.4%	35,2 k €	-10.7%	39,5 k €	-1.2%	40 k €
EBITDA	194,1 k €	+12.9%	171,9 k €	-8.9%	188,6 k €	-23.4%	246,3 k €	+128%	108,2 k €	+19.5%	90,6 k €	-29.0%	127,7 k €	+34.4%	95 k €	+7.0%	88,8 k €	+53.9%	57,7 k €	+57.1%	36,7 k €	+3.0%	35,7 k €	-2.6%	36,6 k €	+4.2%	35,1 k €	+9.4%	32,1 k €	-7.0%	34,5 k €	+0.4%	34,4 k €	-11.0%	38,6 k €	-1.2%	39,1 k €
Operating result	194,1 k €	+12.9%	171,9 k €	-8.9%	188,6 k €	-23.4%	246,3 k €	+128%	108,2 k €	+19.5%	90,6 k €	-29.0%	127,7 k €	+34.4%	95 k €	+7.0%	88,8 k €	+53.9%	57,7 k €	+57.1%	36,7 k €	+3.0%	35,7 k €	-2.6%	36,6 k €	+4.2%	35,1 k €	+9.4%	32,1 k €	-7.0%	34,5 k €	+0.4%	34,4 k €	-11.0%	38,6 k €	-1.2%	39,1 k €
Net result	130 k €	+10.9%	117,3 k €	-10.5%	130,9 k €	-29.1%	184,6 k €	+145%	75,2 k €	-82.1%	419,9 k €	+611%	59,1 k €	+63.4%	36,2 k €	-2.9%	37,2 k €	+169%	13,8 k €	+985%	1,3 k €	+63.0%	781,9 €	-59.8%	1,9 k €	+147%	788,3 €	+134%	-2,3 k €	-1894%	128,5 €	-69.3%	418,9 €	-85.1%	2,8 k €	-9.1%	3,1 k €
Balance sheet
Equity	1,1 M €	-21.0%	1,4 M €	+4.4%	1,3 M €	+5.7%	1,3 M €	+12.5%	1,1 M €	+5.8%	1,1 M €	+66.3%	633,5 k €	+10.3%	574,4 k €	+6.7%	538,2 k €	+4.9%	513 k €	+2.8%	499,2 k €	+0.3%	497,9 k €	+0.2%	497,1 k €	+0.4%	495,1 k €	+0.2%	494,4 k €	-0.5%	496,7 k €	+0.0%	496,5 k €	+0.1%	496,1 k €	+0.6%	493,3 k €
Total assets	1,9 M €	+8.6%	1,8 M €	+6.6%	1,7 M €	-4.4%	1,7 M €	+8.3%	1,6 M €	-7.1%	1,7 M €	+26.5%	1,4 M €	+6.8%	1,3 M €	+4.4%	1,2 M €	+10.2%	1,1 M €	+3.2%	1,1 M €	-0.6%	1,1 M €	+2.3%	1,1 M €	-0.5%	1,1 M €	+2.5%	1 M €	-3.5%	1,1 M €	+0.9%	1,1 M €	+1.8%	1 M €	-3.6%	1,1 M €
Cash	19 k €	-59.0%	46,5 k €	+30.1%	35,7 k €	+2.6%	34,8 k €	-9.3%	38,4 k €	-59.7%	95,2 k €	-69.5%	312,2 k €	+186%	109 k €	-14.2%	127 k €	+550%	19,5 k €	-6.3%	20,8 k €	+3.5%	20,1 k €	+12615%	158,2 €	-99.6%	38,5 k €	+2736%	1,4 k €	-84.9%	9 k €	-44.1%	16,1 k €	-41.8%	27,7 k €	-55.3%	62 k €
Debts	797,2 k €	+121%	361,2 k €	+15.2%	313,5 k €	-32.2%	462,7 k €	-1.9%	471,8 k €	-28.4%	659 k €	-5.4%	696,4 k €	+0.1%	696 k €	+2.5%	678,8 k €	+20.0%	565,7 k €	+5.3%	537 k €	+5.3%	510,1 k €	-2.0%	520,7 k €	-1.3%	527,5 k €	-1.7%	536,4 k €	+7.0%	501,5 k €	+1.9%	492 k €	-3.2%	508,2 k €	-7.6%	550,1 k €
Other
Workforce	0,0 ETP		0,0 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 30/09/2025 · 1 active · 26 ended

Active mandates

Sarah Goovaerts

Director · since 01 janvier 2020

Active

Ended mandates

SANENALEX

Director · since 01 juin 2022 · until 06 novembre 2023 · 0785.969.818

Represented by Jeroen De Bell

Ended

SANENALEX

Director · since 01 juin 2022 · until 15 mars 2025 · 0785.969.818

Represented by Jeroen De Bell

Ended

Jeroen De Bell

Director · since 01 janvier 2020 · until 01 juin 2022

Ended

Jeroen De Bell

Director · since 01 janvier 2020 · until 15 mars 2025

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/04/2026	28/04/2025	29/04/2024	08/05/2023	02/05/2022	20/04/2021
General meeting	20/03/2026	21/03/2025	15/03/2024	17/03/2023	18/03/2022	19/03/2021
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	30/09/2025	20/03/2026	29/04/2026	Dutch	PDF
Abridged model	30/09/2024	21/03/2025	28/04/2025	Dutch	PDF
Abridged model	30/09/2023	15/03/2024	29/04/2024	Dutch	PDF
Abridged model	30/09/2022	17/03/2023	08/05/2023	Dutch	PDF
Abridged model	30/09/2021	18/03/2022	02/05/2022	Dutch	PDF
Abridged model	30/09/2020	19/03/2021	20/04/2021	Dutch	PDF
Abridged model	30/09/2019	20/03/2020	29/04/2020	Dutch	PDF
Abridged model	30/09/2018	15/03/2019	30/04/2019	Dutch	PDF
Abridged model	30/09/2017	16/03/2018	30/04/2018	Dutch	PDF
Abridged model	30/09/2016	17/03/2017	29/05/2017	Dutch	PDF
Abridged model	30/09/2015	04/03/2016	17/07/2016	Dutch	PDF
Abridged model	30/09/2014	20/03/2015	31/08/2015	Dutch	PDF
Abridged model	30/09/2013	21/03/2014	30/04/2014	Dutch	PDF
Abridged model	30/09/2012	15/03/2013	30/04/2013	Dutch	PDF
Abridged model	30/09/2011	16/03/2012	27/04/2012	Dutch	PDF
Abridged model	30/09/2010	18/03/2011	02/05/2011	Dutch	PDF
Abridged model	30/09/2009	19/03/2010	17/06/2010	Dutch	PDF
Abridged model	30/09/2008	20/03/2009	29/04/2009	Dutch	PDF
Abridged model	30/09/2007	07/03/2008	28/05/2008	Dutch	PDF
Abridged model	30/09/2006	16/03/2007	29/03/2007	Dutch	PDF

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 30/09/2025 · 1 active · 26 ended

Active mandates

Sarah Goovaerts

Director · since 01 janvier 2020

Active

Ended mandates

SANENALEX

Director · since 01 juin 2022 · until 06 novembre 2023 · 0785.969.818

Represented by Jeroen De Bell

Ended

SANENALEX

Director · since 01 juin 2022 · until 15 mars 2025 · 0785.969.818

Represented by Jeroen De Bell

Ended

Jeroen De Bell

Director · since 01 janvier 2020 · until 01 juin 2022

Ended

Jeroen De Bell

Director · since 01 janvier 2020 · until 15 mars 2025

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates20/11/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/04/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/02/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/10/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/05/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/02/2012
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 2025130 k €↑
2024
Annual accounts 2024117,3 k €↓
2023
Annual accounts 2023130,9 k €↓
2022
Annual accounts 2022184,6 k €↑
2021
Annual accounts 202175,2 k €↓
2020
Annual accounts 2020419,9 k €↑
2019
Annual accounts 201959,1 k €↑
2018
Annual accounts 201836,2 k €↓
2017
Annual accounts 201737,2 k €↑
2016
Annual accounts 201613,8 k €↑
2015
Annual accounts 20151,3 k €↑
2014
Annual accounts 2014781,9 €↓
2013
Annual accounts 20131,9 k €↑
2012
Annual accounts 2012788,3 €↑
2011
Annual accounts 2011-2,3 k €↓
2010
Annual accounts 2010128,5 €↓
2009
Annual accounts 2009418,9 €↓
2008
Annual accounts 20082,8 k €↓
2007
Annual accounts 20073,1 k €
10/01/2003
IncorporationPublic 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

SERVIGO

Overview

What does SERVIGO do?

Trend over 19 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