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 12 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
SERVITIME from Elsene, company number BE0424223461, closed financial year 2025 with a result of € 29,550 after tax. For that financial year SERVITIME recorded a gross margin of € 353,426 and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 164,905 to € 29,550. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on December 22, 2025.
€ 1.3 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 29,550
▼ 82% vs 2024
Profit after tax over the fiscal year.
€ 85,401
▲ 100% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1 million.
Debts at end 2025
€ 623,085
▼ 18% vs 2024
€ 124,968 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 27,031
▲ € 21,377 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 312,549 | € 333,924 | € 558,037 | € 353,426 | ▼ 37% |
| Profit after taxes | € 14,607 | € 15,719 | € 164,905 | € 29,550 | ▼ 82% |
| Equity | € 1,086,502 | € 1,102,221 | € 1,267,126 | € 1,296,676 | ▲ 2% |
| Total debts | € 1,466,268 | € 1,551,920 | € 1,336,038 | € 1,190,450 | ▼ 11% |
| Cash | € 42,102 | € 28,066 | € 42,775 | € 85,401 | ▲ 100% |
| Land & buildings | € 2,533,079 | € 2,639,966 | € 2,642,194 | € 2,474,491 | ▼ 6% |
| Retained profit | € 829,114 | € 844,833 | € 1,009,737 | € 1,039,288 | ▲ 3% |
| Bank debt | € 1,035,053 | € 898,039 | € 764,195 | € 623,085 | ▼ 18% |
| Balance sheet total | € 2,590,231 | € 2,687,507 | € 2,686,619 | € 2,560,262 | ▼ 5% |
| Employees (FTE) | 1 | 1 | 0.5 | - |
Key figures of SERVITIME, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to SERVITIME?
What happened at SERVITIME in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 29,550 (▼ 82% vs 2024). Source: NBB ↗
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,607 profit in 2022 to € 29,550 profit in 2025.
Paid € 55,626 in corporate taxes since 2022.
Best year ever: 2024, with € 164,905 profit.
On average € 333,900 of value added per employee in 2023.
Management
Behind SERVITIME are Jehan DELACROIX, Sandrine DELACROIX, Joël DELACROIX and Perrine DELACROIX. Jehan DELACROIX is also behind PYXIDE, SYSTÈMES PHOTOVOLTAÏQUES, Société Photovoltaique et de Services, KIWA1 and GREEN INVEST HOLDING. Sandrine DELACROIX is also behind ARFIN and MAD & C°.
Directors
According to the 2025 annual accounts
Jehan DELACROIX
Director
Also active at: PYXIDE, SYSTÈMES PHOTOVOLTAÏQUES, Société Photovoltaique et de Services, KIWA1, GREEN INVEST HOLDING, Green-invest
Joël DELACROIX
Director
Perrine DELACROIX
Director
Establishments
Establishment units
Physical locations of this company
Renbaanlaan 35
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0424.223.461
- VAT number
- BE 0424.223.461
- Registered office
- Renbaanlaan 35, 1050 Elsene
- Names & denominations
- SERVITIME
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 May 1983
- Peppol
- Not registered