Financials
Financial year 2025
SERVICE - ETUDE - COMMERCE from Frameries, company number BE0430638923, closed financial year 2025 with a result of € 2,933 after tax. For that financial year SERVICE - ETUDE - COMMERCE recorded a gross margin of € 11,467 and equity of € 66,836. Compared with financial year 2024, the result moved from € 42,148 to € 2,933. 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 June 10, 2026.
€ 66,836
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,933
▼ 93% vs 2024
Profit after tax over the fiscal year.
€ 16,254
▼ 51% 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 € 48,236.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 50,013
▲ € 48,385 vs 2024
Loans from banks and other lenders, long and short.
€ 467
▼ 98% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,204
▼ 53% 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 | € -2,757 | € -28,797 | € 52,301 | € 11,467 | ▼ 78% |
| Profit after taxes | € -4,081 | € -29,099 | € 42,148 | € 2,933 | ▼ 93% |
| Equity | € 50,854 | € 21,755 | € 63,903 | € 66,836 | ▲ 5% |
| Total debts | € 151,691 | € 41,250 | € 98,163 | € 66,785 | ▼ 32% |
| Cash | € 23,325 | € 10,089 | € 33,193 | € 16,254 | ▼ 51% |
| Retained profit | € 32,254 | € 3,155 | € 45,303 | € 48,236 | ▲ 6% |
| Bank debt | € 247 | € 3,827 | € 1,629 | € 50,013 | ▲ € 48,385 |
| Balance sheet total | € 202,545 | € 63,006 | € 162,066 | € 133,621 | ▼ 18% |
Key figures of SERVICE - ETUDE - COMMERCE, 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 SERVICE - ETUDE - COMMERCE?
What happened at SERVICE - ETUDE - COMMERCE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,933 (▼ 93% vs 2024). Source: NBB ↗
- New establishment in Frameries. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,081 loss in 2022 to € 2,933 profit in 2025.
Paid € 7,872 in corporate taxes since 2022.
Best year ever: 2024, with € 42,148 profit.
Management
Behind SERVICE - ETUDE - COMMERCE is LAURENT KOVAC.
Directors
According to the 2025 annual accounts
LAURENT KOVAC
Director
Establishments
Establishment units
Physical locations of this company
Le Verger 6 box 4/2
7080 Frameries
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0430.638.923
- VAT number
- BE 0430.638.923
- Registered office
- Le Verger 6 bus 4/2, 7080 Frameries
- Names & denominations
- SERVICE - ETUDE - COMMERCE · S.E.C.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 January 1987
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
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