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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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
SERVITEX from Herve, company number BE0453794605, closed financial year 2025 with a result of € -672,330 after tax. For that financial year SERVITEX recorded revenue of € 11.4 million and equity of € 4.3 million. Compared with financial year 2024, the result moved from € -332,083 to € -672,330. The company made a loss. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 4.3 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -672,330
▼ 102 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1.3 million
▲ € 1.1 million vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.2 million.
People and assets in 2025
106
▲ 11.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4.3 million
▲ 18% vs 2024
€ 40,400 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.
€ 5.6 million
▼ 11% vs 2024
Of which on lease € 5.6 million.
Debts at end 2025
€ 11.9 million
▲ 25% vs 2024
€ 3.6 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 2.6 million
▲ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 203 days on average.
€ 711,186
▲ 47% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 8,321,547 | € 9,423,478 | € 10,072,601 | € 11,373,337 | ▲ 13% |
| Profit after taxes | € -31,566 | € 459,958 | € -332,083 | € -672,330 | ▼ € 340,248 |
| Equity | € 4,094,262 | € 4,359,505 | € 4,135,889 | € 4,260,020 | ▲ 3% |
| Total debts | € 10,042,358 | € 11,282,809 | € 12,113,307 | € 15,423,013 | ▲ 27% |
| Cash | € 347,910 | € 578,614 | € 213,599 | € 1,302,237 | ▲ € 1.1 million |
| Land & buildings | € 25,000 | € 25,000 | € 25,000 | € 25,000 | |
| Retained profit | € 1,720,556 | € 2,180,514 | € 1,848,431 | € 1,176,101 | ▼ 36% |
| Bank debt | € 7,776,190 | € 9,022,496 | € 9,562,495 | € 11,942,523 | ▲ 25% |
| Balance sheet total | € 14,545,224 | € 15,945,063 | € 16,507,164 | € 19,902,025 | ▲ 21% |
| Employees (FTE) | 89 | 98.9 | 94.4 | 106 | ▲ 11.6 |
Key figures of SERVITEX, 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 SERVITEX?
What happened at SERVITEX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- SPARAXIS SA stepped down as director. NBB
- René Wiertz stepped down as director. NBB
- Bernard Wiertz stepped down as director. NBB
- Marc Wiertz stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 672,331. filed late Source: NBB ↗
- SPARAXIS SA became a director. NBB
- René Wiertz became a director. NBB
- Bernard Wiertz became a director. NBB
In short
From € 31,566 loss in 2022 to € 672,331 loss in 2025.
Best year ever: 2023, with € 459,958 profit.
Management
It owns 99% of MALYSSE-SERVITEX GmbH itself.
Directors
According to the 2025 annual accounts
Director · represented by Alexis VAN LEDE
Also active at: C.P. Bourg, A.M.B., Jean Goldschmidt International, Ateliers Pierre Cerfontaine, Floridienne, Fonderies J. Marichal Ketin et Cie, JUNGLING, MEBF +224 more
since 2023 · until 2030
since 2023 · until 2030
Bernard Wiertz
Managing director
since 2023 · until 2030
since 2023 · until 2030
Establishments
Establishment units
Physical locations of this company
Rue de Chesseroux 7
4651 Herve
Rue de l'Yser 141
4840 Welkenraedt
Active since 5 April 1995
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0453.794.605
- VAT number
- BE 0453.794.605
- Registered office
- Rue de Chesseroux 7, 4651 Herve
- Names & denominations
- SERVITEX
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 November 1994
- Peppol
- Active · Active since 9 Sept 2025
- Activities · NACE
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