Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 3 to 0.8.
Financials
Financial year 2025
Service M from Oudenaarde, company number BE0457172579, closed financial year 2025 with a result of € 3,773 after tax. For that financial year Service M recorded a gross margin of € 36,467 and equity of € 140,041. Compared with financial year 2024, the result moved from € 33,633 to € 3,773. 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 22, 2026.
€ 140,041
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,773
▼ 89% vs 2024
Profit after tax over the fiscal year.
€ 288,699
▲ 4% 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 € 133,841.
People and assets in 2025
0.8
▼ 1.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 27,139
▼ 64% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 89,104
▼ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,860
▲ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 269,884 | € 137,544 | € 118,801 | € 36,467 | ▼ 69% |
| Profit after taxes | € 141,951 | € 29,626 | € 33,633 | € 3,773 | ▼ 89% |
| Equity | € 73,008 | € 102,635 | € 136,268 | € 140,041 | ▲ 3% |
| Total debts | € 329,162 | € 334,182 | € 240,508 | € 244,089 | ▲ 1% |
| Cash | € 305,245 | € 359,890 | € 277,097 | € 288,699 | ▲ 4% |
| Retained profit | € 66,808 | € 96,435 | € 130,068 | € 133,841 | ▲ 3% |
| Balance sheet total | € 402,171 | € 436,817 | € 376,776 | € 384,130 | ▲ 2% |
| Employees (FTE) | 2.6 | 3 | 2 | 0.8 | ▼ 1.2 |
Key figures of Service M, 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 M?
What happened at Service M in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,773 (▼ 89% vs 2024). Source: NBB ↗
- Belteinka NV became a director. NBB
- New establishment in Oudenaarde. KBO
- Start of the company according to the CBE. KBO
In short
From € 141,951 profit in 2022 to € 3,773 profit in 2025.
Paid € 1,708 in corporate taxes since 2022.
Best year ever: 2022, with € 141,951 profit.
On average € 59,400 of value added per employee in 2024.
Management
Behind Service M is Belteinka NV. Belteinka NV is also behind SALONS MANTOVANI and HOLIVER.
Directors
According to the 2025 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Doorn 1 bis
9700 Oudenaarde
Serpentsstraat 100
9700 Oudenaarde
Active since 8 May 1996
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0457.172.579
- VAT number
- BE 0457.172.579
- Registered office
- Doorn 1 bis, 9700 Oudenaarde
- Names & denominations
- Service M
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 January 1996
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
Catering van evenementen
Organisatie van congressen en beurzen