ACTIVE

SERVICOV

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Financial year 2025 · closed on 31/12/2025

Net result

18,5 k €

+51.8% YoY

Gross margin

11 k €

+271.7% YoY

Equity

3,4 M €

+0.5% YoY

What does SERVICOV do?

SERVICOV is a Cooperative society incorporated in 2005. Its main activity is: Wholesale of pharmaceutical goods. Its registered office is in Gent.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0875.648.989

Incorporation

22/08/2005

Legal form

Cooperative society

Registered office

Nieuwevaart 151
9000 Gent · FlandreSee on map

Contributed capital

1 662 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

46460Wholesale of pharmaceutical goods· main 46460Wholesale of pharmaceutical goods 51460Air transport

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2010		2009		2008		2007		2006
Income statement
Gross margin	11 k €	+272%	3 k €	-61.1%	7,6 k €	+300%	-3,8 k €	-121%	18 k €	+112%	8,5 k €	-80.5%	43,6 k €	-5.3%	46 k €	-29.4%	65,2 k €	-38.9%	106,7 k €	-37.5%	170,8 k €	+176%	61,9 k €	+1296%	4,4 k €	-96.5%	127,1 k €	+135%	54,1 k €	+1248%	4 k €
EBITDA	9,9 k €	+432%	1,9 k €	-71.5%	6,5 k €	+236%	-4,8 k €	-128%	17,1 k €	+127%	7,5 k €	-82.4%	42,6 k €	-5.4%	45 k €	-30.3%	64,6 k €	+67.2%	38,6 k €	-61.8%	101,2 k €	+754%	-15,5 k €	+66.7%	-46,4 k €	-139%	120,4 k €	+125%	53,5 k €	+2749%	1,9 k €
Operating result	3,6 k €	+175%	-4,8 k €	+29.9%	-6,9 k €	+72.0%	-24,7 k €	-10132%	-241,1 €	+97.0%	-7,9 k €	-129%	27,6 k €	-28.0%	38,3 k €	-40.4%	64,2 k €	+67.4%	38,4 k €	-62.0%	101,1 k €	+516%	-24,3 k €	+61.6%	-63,2 k €	-161%	103,6 k €	+148%	41,7 k €	+2124%	1,9 k €
Net result	18,5 k €	+51.8%	12,2 k €	+19.6%	10,2 k €	+15428%	65,5 €	-99.3%	9,7 k €	-50.3%	19,6 k €	-59.0%	47,7 k €	-16.6%	57,2 k €	-19.3%	71 k €	+10.3%	64,3 k €	-33.2%	96,3 k €	+398%	-32,3 k €	+53.1%	-68,9 k €	-202%	67,2 k €	+139%	28,1 k €	+3185%	855 €
Balance sheet
Equity	3,4 M €	+0.5%	3,4 M €	+0.4%	3,4 M €	+0.3%	3,4 M €	+0.0%	3,4 M €	+0.3%	3,4 M €	+0.6%	3,4 M €	+1.4%	3,3 M €	+1.7%	3,3 M €	+2.2%	3,2 M €	+2643%	116,7 k €	+1066%	10 k €	-76.3%	42,3 k €	-62.0%	111,1 k €	+153%	43,9 k €	+177%	15,9 k €
Total assets	3,5 M €	+1.1%	3,5 M €	-11.1%	3,9 M €	+1.2%	3,9 M €	+12.3%	3,5 M €	+0.2%	3,5 M €	+1.8%	3,4 M €	+0.3%	3,4 M €	+1.8%	3,3 M €	-0.1%	3,3 M €	+863%	346 k €	-47.0%	652,5 k €	-7.5%	705,4 k €	-15.7%	837 k €	+17.2%	714,4 k €	+145%	292,1 k €
Cash	439,8 €	-93.9%	7,2 k €	-51.4%	14,8 k €	-75.7%	60,7 k €	-85.2%	411,1 k €	+3850%	10,4 k €	+132%	4,5 k €	-64.4%	12,6 k €	-26.8%	17,2 k €	+79.0%	9,6 k €	-63.5%	26,3 k €	-25.0%	35 k €	+9234%	375,4 €	-99.8%	169,5 k €	-28.9%	238,4 k €		–
Debts	94,8 k €	+29.0%	73,5 k €	-85.9%	521,5 k €	+7.2%	486,6 k €	+710%	60,1 k €	-2.3%	61,5 k €	+201%	20,5 k €	-65.7%	59,6 k €	+2.3%	58,2 k €	-55.8%	131,9 k €	-42.5%	229,4 k €	-64.3%	641,9 k €	-2.9%	661,2 k €	-8.5%	722,8 k €	+7.8%	670,4 k €	+143%	276,2 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		0,8 ETP	-46.7%	1,5 ETP	-16.7%	1,8 ETP	-10.0%	2,0 ETP	+100%	1,0 ETP		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 8 active · 14 ended

Active mandates

A. CLAUWAERT

Director

Active

G. REYNEBEAU

Director

Active

J. ROOSE

Director

Active

M. DE MOOR

Director

Active

R. CORBEIJ

Chairman of the board of directors

Active

S. MISSELYN

Director

Active

S. TEMMERMAN

Director

Active

W. VERMEYLEN

Director

Active

Ended mandates

Marc Standaert

Manager · since 01 mai 2015

Ended

Leen Buyck

Manager · since 18 août 2005 · until 30 avril 2015

Ended

Leen Buyck

Manager · since 18 août 2005

Ended

D. SCHALCK

Director

Ended

At this address

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IMMOCOV● Active	0401.036.305
VOORUIT NR. 1● Active	0405.703.884

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	01/01/2025	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	29/06/2026	14/07/2025	12/07/2024	13/07/2023	31/08/2022	30/06/2021
General meeting	19/06/2026	27/06/2025	28/06/2024	30/06/2023	24/06/2022	25/06/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	19/06/2026	29/06/2026	Dutch	PDF
Abridged model	31/12/2024	27/06/2025	14/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	12/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	13/07/2023	Dutch	PDF
Abridged model	31/12/2021	24/06/2022	31/08/2022	Dutch	PDF
Abridged model	31/12/2020	25/06/2021	30/06/2021	Dutch	PDF
Abridged model	31/12/2019	26/06/2020	10/07/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	03/07/2019	Dutch	PDF
Abridged model	31/12/2017	29/06/2018	02/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	07/07/2017	Dutch	PDF
Abridged modelCorrection	31/12/2015	24/06/2016	07/07/2016	Dutch	PDF
Abridged model	31/12/2015	24/06/2016	27/06/2016	Dutch	PDF
Abridged model	31/12/2014	18/03/2015	03/04/2015	Dutch	PDF
Abridged model	31/12/2013	27/06/2014	30/06/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	08/07/2013	Dutch	PDF
Abridged model	31/12/2011	29/06/2012	03/07/2012	Dutch	PDF
Abridged model	31/12/2010	24/06/2011	30/06/2011	Dutch	PDF
Abridged model	31/12/2009	25/06/2010	14/07/2010	Dutch	PDF
Abridged model	31/12/2008	26/06/2009	07/07/2009	Dutch	PDF
Abridged model	31/12/2007	27/06/2008	02/07/2008	Dutch	PDF
Abridged model	31/12/2006	27/06/2007	31/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 8 active · 14 ended

Active mandates

A. CLAUWAERT

Director

Active

G. REYNEBEAU

Director

Active

J. ROOSE

Director

Active

M. DE MOOR

Director

Active

R. CORBEIJ

Chairman of the board of directors

Active

S. MISSELYN

Director

Active

S. TEMMERMAN

Director

Active

W. VERMEYLEN

Director

Active

Ended mandates

Marc Standaert

Manager · since 01 mai 2015

Ended

Leen Buyck

Manager · since 18 août 2005 · until 30 avril 2015

Ended

Leen Buyck

Manager · since 18 août 2005

Ended

D. SCHALCK

Director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other15/07/2026
—
PDF
Other08/06/2026
DIVERSEN
PDF
Mandates03/09/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/01/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/09/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/05/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - 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 202518,5 k €↑
2024
Annual accounts 202412,2 k €↑
2023
Annual accounts 202310,2 k €↑
2022
Annual accounts 202265,5 €↓
2021
Annual accounts 20219,7 k €↓
2020
Annual accounts 202019,6 k €↓
2019
Annual accounts 201947,7 k €↓
2018
Annual accounts 201857,2 k €↓
2017
Annual accounts 201771 k €↑
2016
Annual accounts 201664,3 k €↓
2016
Name changeSERVICOV
2015
Annual accounts 201596,3 k €↑
2010
Annual accounts 2010-32,3 k €↑
2009
Annual accounts 2009-68,9 k €↓
2008
Annual accounts 200867,2 k €↑
2007
Annual accounts 200728,1 k €↑
2006
Annual accounts 2006855 €
2006
Name change"PROVIMED"
22/08/2005
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

SERVICOV

Overview

What does SERVICOV do?

Trend over 16 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