ACTIVE

SERVI+

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Financial year 2025 · closed on 31/12/2025

Net result

172,2 k €

+567.1% YoY

Gross margin

1,1 M €

+28.0% YoY

Equity

529,9 k €

+48.1% YoY

Workforce

20,8 ETP

+6.1% YoY

What does SERVI+ do?

SERVI+ is a Cooperative society incorporated in 2009. Its main activity is: Treatment and disposal of non-hazardous waste. Its registered office is in Awans. It employs on average 20,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0810.611.083

Incorporation

23/03/2009

Legal form

Cooperative society

Registered office

Rue de Bruxelles 174
4340 Awans · WallonieSee on map

Contributed capital

46 810,00 €

Latest accounts

31/12/2025

Average workforce

20,8 ETP

Activities (NACE)

38210Treatment and disposal of non-hazardous waste· main 38321Recovery of sorted materials 52210Service activities incidental to land transportation 52210Service activities incidental to land transportation 81210General cleaning of buildings 81210General cleaning of buildings

Joint committees (2)

14204
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		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	1,1 M €	+28.0%	855,8 k €	+7.5%	796 k €	+17.6%	676,6 k €	+13.9%	594,3 k €	-3.1%	613,1 k €	-9.2%	675,3 k €	+4.7%	645,1 k €	+1.5%	635,3 k €	-0.7%	640 k €	-4.2%	667,8 k €	-14.4%	780,1 k €	+26.5%	616,7 k €	-13.4%	711,8 k €	+12.8%	630,9 k €	+10.9%	569,1 k €	+269%	154,2 k €
EBITDA	182,7 k €	+393%	37 k €	-3.8%	38,5 k €	-52.0%	80,2 k €	+59.7%	50,2 k €	+40.8%	35,7 k €	+193%	12,2 k €	+9333%	129 €	-99.3%	17,6 k €	-5.7%	18,7 k €	-32.5%	27,7 k €	-46.6%	51,8 k €	+172%	-72,4 k €	-338%	30,5 k €	-45.6%	56 k €	+37.5%	40,7 k €	+505%	6,7 k €
Operating result	172,5 k €	+559%	26,2 k €	-15.1%	30,8 k €	-54.3%	67,4 k €	+43.4%	47 k €	+41.0%	33,4 k €	+208%	10,8 k €	+439%	-3,2 k €	-122%	14,6 k €	-8.6%	16 k €	-32.0%	23,6 k €	-49.4%	46,5 k €	+160%	-77,6 k €	-442%	22,7 k €	-57.0%	52,9 k €	+41.5%	37,3 k €	+481%	6,4 k €
Net result	172,2 k €	+567%	25,8 k €	-14.4%	30,2 k €	-54.2%	65,8 k €	+45.7%	45,2 k €	+43.5%	31,5 k €	+252%	9 k €	+344%	-3,7 k €	-124%	15,3 k €	-2.0%	15,6 k €	-33.5%	23,5 k €	-45.3%	43 k €	+165%	-65,9 k €	-392%	22,6 k €	-43.8%	40,1 k €	+11.8%	35,9 k €	+885%	3,6 k €
Balance sheet
Equity	529,9 k €	+48.1%	357,7 k €	+7.8%	331,9 k €	+10.0%	301,7 k €	+27.9%	235,9 k €	+23.7%	190,7 k €	+19.8%	159,3 k €	+6.0%	150,3 k €	-2.4%	154 k €	+11.1%	138,7 k €	+12.7%	123 k €	+23.7%	99,5 k €	+76.1%	56,5 k €	-52.8%	119,6 k €	+23.3%	97 k €	+70.5%	56,9 k €	+131%	24,6 k €
Total assets	633,7 k €	+41.8%	447 k €	+1.5%	440,6 k €	+10.4%	399 k €	+25.5%	318 k €	+14.3%	278,3 k €	-0.3%	279,2 k €	+11.1%	251,3 k €	+1.2%	248,4 k €	+15.8%	214,5 k €	-0.8%	216,3 k €	+5.2%	205,5 k €	-3.3%	212,6 k €	-10.1%	236,5 k €	+10.6%	213,9 k €	+34.6%	159 k €	+127%	70 k €
Cash	332 k €	+120%	151,1 k €	-4.5%	158,2 k €	-1.4%	160,5 k €	+28.9%	124,6 k €	+99.0%	62,6 k €	+323%	14,8 k €	-43.5%	26,2 k €	-43.9%	46,7 k €	+21.8%	38,3 k €	-48.5%	74,5 k €	-22.4%	95,9 k €	+236%	28,5 k €	-55.2%	63,6 k €	+10.8%	57,4 k €	-22.9%	74,4 k €	+177%	26,9 k €
Debts	103,8 k €	+16.2%	89,3 k €	-17.8%	108,7 k €	+11.8%	97,2 k €	+18.4%	82,1 k €	-6.2%	87,6 k €	-27.0%	119,9 k €	+18.7%	101 k €	+7.0%	94,4 k €	+24.4%	75,9 k €	-18.6%	93,3 k €	-12.0%	106 k €	-32.1%	156,1 k €	+33.4%	117 k €	+0.1%	116,9 k €	+14.5%	102,1 k €	+125%	45,4 k €
Other
Workforce	20,8 ETP	+6.1%	19,6 ETP	-1.5%	19,9 ETP		–		–		–		–		–		21,8 ETP	+0.5%	21,7 ETP	-4.0%	22,6 ETP	-6.2%	24,1 ETP	+5.7%	22,8 ETP	+5.1%	21,7 ETP	+21.9%	17,8 ETP	+61.8%	11,0 ETP	+168%	4,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active

Active mandates

Louis Dario

Director

Active

At this address

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Micro model	Micro 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	15/06/2026	18/06/2025	16/06/2024	19/06/2023	25/06/2022	15/06/2021
General meeting	01/06/2026	10/06/2025	17/05/2024	25/05/2023	20/05/2022	28/05/2021
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

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	01/06/2026	15/06/2026	French	PDF
Abridged model	31/12/2024	10/06/2025	18/06/2025	French	PDF
Abridged model	31/12/2023	17/05/2024	16/06/2024	French	PDF
Abridged model	31/12/2022	25/05/2023	19/06/2023	French	PDF
Micro model	31/12/2021	20/05/2022	25/06/2022	French	PDF
Micro model	31/12/2020	28/05/2021	15/06/2021	French	PDF
Micro model	31/12/2019	26/05/2020	23/06/2020	French	PDF
Micro model	31/12/2018	31/05/2019	21/06/2019	French	PDF
Abridged model	31/12/2017	15/06/2018	17/08/2018	French	PDF
Abridged model	31/12/2016	26/05/2017	26/06/2017	French	PDF
Abridged model	31/12/2015	27/05/2016	22/06/2016	French	PDF
Abridged model	31/12/2014	26/06/2015	02/07/2015	French	PDF
Abridged model	31/12/2013	13/06/2014	01/07/2014	French	PDF
Abridged model	31/12/2012	31/05/2013	12/06/2013	French	PDF
Abridged model	31/12/2011	29/05/2012	22/06/2012	French	PDF
Abridged model	31/12/2010	19/05/2011	01/07/2011	French	PDF
Abridged model	31/12/2009	03/05/2010	22/07/2010	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025 · 1 active

Active mandates

Louis Dario

Director

Active

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates25/06/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates10/06/2024
DEMISSIONS, NOMINATIONS - DIVERS
PDF
Mandates21/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Mandates22/06/2023
DEMISSIONS, NOMINATIONS - DIVERS
PDF
Mandates29/07/2022
DEMISSIONS, NOMINATIONS
PDF
Annual accounts28/06/2022
COMPTES ANNUELS
PDF
Mandates11/06/2021
DEMISSIONS, NOMINATIONS - DIVERS
PDF
Mandates13/07/2020
DEMISSIONS, NOMINATIONS
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 2025172,2 k €↑
2024
Annual accounts 202425,8 k €↓
2023
Annual accounts 202330,2 k €↓
2022
Annual accounts 202265,8 k €↑
2021
Annual accounts 202145,2 k €↑
2020
Annual accounts 202031,5 k €↑
2019
Annual accounts 20199 k €↑
2018
Annual accounts 2018-3,7 k €↓
2017
Annual accounts 201715,3 k €↓
2016
Annual accounts 201615,6 k €↓
2015
Annual accounts 201523,5 k €↓
2014
Annual accounts 201443 k €↑
2013
Annual accounts 2013-65,9 k €↓
2012
Annual accounts 201222,6 k €↓
2011
Annual accounts 201140,1 k €↑
2010
Annual accounts 201035,9 k €↑
2009
Annual accounts 20093,6 k €
23/03/2009
IncorporationCooperative society

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

SERVI+

Overview

What does SERVI+ 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