Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 46 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 47.1 to 41.5.
Financials
Financial year 2025
Services et Matériels from Liège, company number BE0414755865, closed financial year 2025 with a result of € -45,240 after tax. For that financial year Services et Matériels recorded revenue of € 19.4 million and equity of € 6 million. Compared with financial year 2024, the result moved from € 1.2 million to € -45,240. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 2, 2026.
€ 6 million
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -45,240
▼ still € 1.2 million profit in 2024
Profit after tax over the fiscal year.
€ 170,599
▼ 48% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 4.8 million.
People and assets in 2025
41.5
▼ 3.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.4 million
▲ 2% vs 2024
€ 81,000 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.
€ 631,690
▼ 21% vs 2024
Of which on lease € 330,686.
Debts at end 2025
€ 8.9 million
▼ 9% vs 2024
€ 846,601 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 2.7 million
▲ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 56 days on average.
€ 702,671
▲ 6% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 22,815,932 | € 25,827,372 | € 20,762,612 | € 19,431,340 | ▼ 6% |
| Profit after taxes | € 234,826 | € 433,823 | € 1,174,081 | € -45,240 | ▼ € 1.2 million |
| Equity | € 6,237,574 | € 6,640,823 | € 6,785,576 | € 6,013,641 | ▼ 11% |
| Total debts | € 14,563,201 | € 17,658,778 | € 14,371,436 | € 14,454,084 | ▲ 1% |
| Cash | € 482,257 | € 618,966 | € 326,603 | € 170,599 | ▼ 48% |
| Land & buildings | € 4,142,651 | € 4,151,723 | € 3,877,687 | € 3,656,786 | ▼ 6% |
| Retained profit | € 4,931,535 | € 5,365,358 | € 5,539,189 | € 4,793,949 | ▼ 13% |
| Dividend | € 0 | € 0 | € 1,000,250 | € 700,000 | ▼ 30% |
| Bank debt | € 8,388,590 | € 11,620,560 | € 9,772,148 | € 8,938,082 | ▼ 9% |
| Balance sheet total | € 20,930,755 | € 24,453,867 | € 21,342,066 | € 20,664,564 | ▼ 3% |
| Employees (FTE) | 48.1 | 47.1 | 45.2 | 41.5 | ▼ 3.7 |
Key figures of Services et Matériels, 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 Services et Matériels?
What happened at Services et Matériels in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ATL Management SRL stepped down as director. NBB
- Florian Cop stepped down as director. NBB
- Henri Cop stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 45,240 (▼ € 1.2 million vs 2024). Source: NBB ↗
- ATL Management SRL became a director. NBB
- Florian Cop became a director. NBB
- Henri Cop became a director. NBB
- New establishment in Courcelles. KBO
In short
From € 234,826 profit in 2022 to € 45,240 loss in 2025.
Paid € 244,608 in corporate taxes since 2022.
Best year ever: 2024, with € 1.2 million profit.
Paid out € 1.7 million in dividends to the owners in total.
Management
The shares are held by SEMAT HOLDING SA (100%) and HENRI COP (0%). It owns 100% of ASA COMPANY, 98.8% of INTERPARTS and 20% of SEMAT HOLDING itself.
Directors
According to the 2025 annual accounts
Director · represented by Thomas Lemaire
Also active at: Interparts, SEMAT HOLDING, SEMAT GROUP
since 2023 · until 2029
since 2023 · until 2029
since 2023 · until 2029
Shareholders
100%
HENRI COP
0%
Participations
Establishments
Establishment units
Physical locations of this company
Rue Ernest-Solvay 208
4000 Liège
Rue Saucin, Isnes 9
5032 Gembloux
Active since 17 February 2000
Libramont,Rue de Tibêtême 141
6800 Libramont-Chevigny
Active since 1 February 2010
Rue du Luxembourg(CO) 7
6180 Courcelles
Active since 1 August 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0414.755.865
- VAT number
- BE 0414.755.865
- Registered office
- Rue Ernest-Solvay 208, 4000 Liège
- Names & denominations
- Services et Matériels · SEMAT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 January 1975
- Peppol
- Active · Active since 3 Jul 2026
- Contact
- 04 267 08 20
- Activities · NACE
Verhuur en lease van machines en installaties voor de bouwnijverheid en de weg- en waterbouw
Verhuur van machines en installaties voor de bouwnijverheid
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Groothandel in machines voor de mijnbouw, de bouwnijverheid en de weg- en waterbouw
Reparatie en onderhoud van consumentenartikelen, neg
Groothandel in machines voor mijnbouw, de bouwnijverheid en de weg- en waterbouw
Overige reparaties, n.e.g.