What does Service2cities do?

Service2cities is an advertising agency in Vilvoorde. Public Limited, started on 4 June 1957, 1 establishment.

What is the address of Service2cities?

The registered office of Service2cities is located at Laurent-Benoit Dewezplein 5, 1800 Vilvoorde.

Is Service2cities still active?

Yes. According to the CBE (29 October 2026) Service2cities is active, legal situation “Normale toestand”, started on 4 June 1957.

Is Service2cities registered on Peppol?

Yes, Service2cities is registered on the Peppol network with ID 0208:0403503568.

What is the enterprise number of Service2cities?

The enterprise number of Service2cities is BE0403503568.

When was Service2cities founded?

Service2cities was founded on 4 June 1957.

Who are the directors of Service2cities?

According to the 2025 annual accounts, the directors of Service2cities are: Cut The Mustard BV, Bart Verkinderen, Jan De Moor.

Is Service2cities a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 4 June 1957; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did Service2cities make in 2025?

Service2cities posted a profit after taxes of € 1,158,862 in financial year 2025.

What is the revenue of Service2cities?

As a small company, Service2cities is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 2,225,556.

Service2cities (Public Limited) - Vilvoorde

Dossier Service2cities, printed on 29 October 2026 from databakkes.be/en/0403503568/service2cities. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Service2cities from Vilvoorde, company number BE0403503568, closed financial year 2025 with a result of € 1.2 million after tax. For that financial year Service2cities recorded a gross margin of € 2.2 million and equity of € 1.9 million. Compared with financial year 2024, the result moved from € 811,908 to € 1.2 million. Profitable, and profit is growing. The buffer shrank hard: equity is 63 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 25, 2026.

What it is worth Shrank hard

€ 1.9 million

▼ 63% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 1.2 million

▲ 43% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 776,086

▲ € 702,261 vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 4.5 million paid out

More than the year’s profit went to the shareholders; reserves fell.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 39,687

▼ 85% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 806,645

▲ 36% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 1,194,406 Gross margin 2022: € 1,194,406 First fiscal year in the series	€ 2,118,915 Gross margin 2023: € 2,118,915 ▲ 77% vs 2022 (€ 1,194,406) Favourable step	€ 1,659,910 Gross margin 2024: € 1,659,910 ▼ 22% vs 2023 (€ 2,118,915) Unfavourable step	€ 2,225,556 Gross margin 2025: € 2,225,556 ▲ 34% vs 2024 (€ 1,659,910) Favourable step	▲ 34%
Profit after taxes	€ 293,535 Profit after taxes 2022: € 293,535 First fiscal year in the series	€ 797,157 Profit after taxes 2023: € 797,157 ▲ 172% vs 2022 (€ 293,535) Favourable step	€ 811,908 Profit after taxes 2024: € 811,908 ▲ 2% vs 2023 (€ 797,157) Favourable step	€ 1,158,862 Profit after taxes 2025: € 1,158,862 ▲ 43% vs 2024 (€ 811,908) Favourable step	▲ 43%
Equity	€ 3,668,575 Equity 2022: € 3,668,575 First fiscal year in the series	€ 4,465,733 Equity 2023: € 4,465,733 ▲ 22% vs 2022 (€ 3,668,575) Favourable step	€ 5,277,641 Equity 2024: € 5,277,641 ▲ 18% vs 2023 (€ 4,465,733) Favourable step	€ 1,936,503 Equity 2025: € 1,936,503 ▼ 63% vs 2024 (€ 5,277,641) Unfavourable step	▼ 63%
Total debts	€ 3,409,952 Total debts 2022: € 3,409,952 First fiscal year in the series	€ 3,174,751 Total debts 2023: € 3,174,751 ▼ 7% vs 2022 (€ 3,409,952) Favourable step	€ 3,996,924 Total debts 2024: € 3,996,924 ▲ 26% vs 2023 (€ 3,174,751) Unfavourable step	€ 3,295,432 Total debts 2025: € 3,295,432 ▼ 18% vs 2024 (€ 3,996,924) Favourable step	▼ 18%
Cash	€ 83,652 Cash 2022: € 83,652 First fiscal year in the series	€ 70,007 Cash 2023: € 70,007 ▼ 16% vs 2022 (€ 83,652) Unfavourable step	€ 73,825 Cash 2024: € 73,825 ▲ 5% vs 2023 (€ 70,007) Favourable step	€ 776,086 Cash 2025: € 776,086 ▲ € 702,261 vs 2024 (€ 73,825) Favourable step	▲ € 702,261
Retained profit	€ 3,423,075 Retained profit 2022: € 3,423,075 First fiscal year in the series	€ 4,220,233 Retained profit 2023: € 4,220,233 ▲ 23% vs 2022 (€ 3,423,075) Favourable step	€ 5,032,141 Retained profit 2024: € 5,032,141 ▲ 19% vs 2023 (€ 4,220,233) Favourable step	€ 1,691,003 Retained profit 2025: € 1,691,003 ▼ 66% vs 2024 (€ 5,032,141) Unfavourable step	▼ 66%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 4,500,000 Dividend 2025: € 4,500,000 Unchanged (€ 0) Unchanged
Balance sheet total	€ 7,078,528 Balance sheet total 2022: € 7,078,528 First fiscal year in the series	€ 8,020,485 Balance sheet total 2023: € 8,020,485 ▲ 13% vs 2022 (€ 7,078,528) Unchanged	€ 9,274,564 Balance sheet total 2024: € 9,274,564 ▲ 16% vs 2023 (€ 8,020,485) Unchanged	€ 5,231,935 Balance sheet total 2025: € 5,231,935 ▼ 44% vs 2024 (€ 9,274,564) Unchanged	▼ 44%

Key figures of Service2cities, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to Service2cities?

What happened at Service2cities in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2028 Cut The Mustard BV stepped down as director. NBB
2028 Bart Verkinderen stepped down as director. NBB
2028 Jan De Moor stepped down as director. NBB
Jun 25, 2026 New annual accounts for financial year 2025: profit of € 1.2 million (▲ 43% vs 2024). Source: NBB ↗
2022 Cut The Mustard BV became a director. NBB
2022 Bart Verkinderen became a director. NBB
2022 Jan De Moor became a director. NBB
Oct 1, 1964 New establishment in Vilvoorde. KBO

In short

From € 293,535 profit in 2022 to € 1.2 million profit in 2025.

Paid € 1.1 million in corporate taxes since 2022.

Best year ever: 2025, with € 1.2 million profit.

Paid out € 4.5 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Bauer Media Outdoor Belgium BV 100%

Service2cities

The shares are held by Bauer Media Outdoor Belgium BV (100%).

Directors

According to the 2025 annual accounts

Cut The Mustard BV

Director · represented by Nicolas Blondeau

Also active at: Bauer Media Outdoor Belgium

since 2022 · until 2028

Bart Verkinderen

Director

since 2022 · until 2028

Jan De Moor

Managing director

Also active at: Bauer Media Outdoor Belgium

since 2022 · until 2028

Shareholders

Bauer Media Outdoor Belgium BV

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Laurent-Benoit Dewezplein 5

1800 Vilvoorde

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

Bauer Media Outdoor Belgium same network

€ 71 million revenue · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0403.503.568

VAT number

BE 0403.503.568

Registered office

Laurent-Benoit Dewezplein 5, 1800 Vilvoorde

Names & denominations

Service2cities

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

4 June 1957

Peppol

Active · Active since 2 Sept 2023

Activities · NACE

Activiteiten van reclamebureaus

Publiciteitsagentschappen

View on CBE Public ↗ Annual accounts (NBB) ↗

Service2cities

Financials

What happened to Service2cities?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions