Financials
Financial year 2025
Normec Servaco from Wevelgem, company number BE0412964830, closed financial year 2025 with a result of € 2.3 million after tax. For that financial year Normec Servaco recorded revenue of € 24.2 million and equity of € 6.3 million. Compared with financial year 2024, the result moved from € 2.4 million to € 2.3 million. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.
€ 6.3 million
▼ 46% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.3 million
▼ 2% vs 2024
Profit after tax over the fiscal year.
€ 564,448
▼ 46% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 7.8 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
171.4
▲ 12.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 10.2 million
▲ 14% vs 2024
€ 59,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 539,178
▲ 64% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1.8 million
▼ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 70 days on average.
€ 3.9 million
▲ 49% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 15,953,380 | € 19,671,876 | € 21,756,887 | € 24,215,308 | ▲ 11% |
| Profit after taxes | € 1,230,795 | € 2,177,936 | € 2,359,833 | € 2,302,670 | ▼ 2% |
| Equity | € 13,616,200 | € 9,419,017 | € 11,778,851 | € 6,305,639 | ▼ 46% |
| Total debts | € 2,890,763 | € 11,147,949 | € 4,636,571 | € 10,948,735 | ▲ 136% |
| Cash | € 327,132 | € 885,545 | € 1,044,100 | € 564,448 | ▼ 46% |
| Land & buildings | € 3,227,831 | € 3,050,826 | € 2,832,760 | € 2,750,555 | ▼ 3% |
| Retained profit | € 12,516,200 | € 8,319,017 | € 10,678,851 | € 5,205,639 | ▼ 51% |
| Dividend | € 0 | € 6,375,119 | € 0 | € 7,775,881 | |
| Balance sheet total | € 16,533,165 | € 20,593,169 | € 16,415,422 | € 17,254,375 | ▲ 5% |
| Employees (FTE) | 122.9 | 139.4 | 159.2 | 171.4 | ▲ 12.2 |
Key figures of Normec Servaco, 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 Normec Servaco?
What happened at Normec Servaco in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Alexander Vercruysse stepped down as director. NBB
- Mariska Van Schaik stepped down as director. NBB
- Britt Denise Schuurs stepped down as director. NBB
- Jan Goossens stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2.3 million (▼ 2% vs 2024). filed late Source: NBB ↗
- Robert Wolff stepped down as director. NBB
- Joep Bruins stepped down as director. NBB
- Alexander Vercruysse became a director. NBB
In short
From € 1.2 million profit in 2022 to € 2.3 million profit in 2025.
Paid € 3.2 million in corporate taxes since 2022.
Best year ever: 2024, with € 2.4 million profit.
Paid out € 14.2 million in dividends to the owners in total.
Management
The stake of VLAM - N - VEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Normec ServacoThe shares are held by VLAM - N - VEST (100%).
Directors
According to the 2025 annual accounts
since 2023 · until 2026
since 2024 · until 2026
since 2024 · until 2028
Mariska Van Schaik
Director
since 2023 · until 2029
Alexander Vercruysse
Director
since 2025 · until 2031
Jan Goossens
Director
since 2024 · until 2028
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vlamingstraat 19
8560 Wevelgem
Pullaar 207
2870 Puurs-Sint-Amands
Active since 30 July 2001
Nijverheidsstraat 1416-1418
3570 Alken
Active since 1 January 2011
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0412.964.830
- VAT number
- BE 0412.964.830
- Registered office
- Vlamingstraat 19, 8560 Wevelgem
- Names & denominations
- Normec Servaco
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 January 1973
- Peppol
- Active · Active since 2 May 2024
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