Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Busy address KBO
19 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
SERVICE PARTNER from Saint-Nicolas, company number BE0459762083, closed financial year 2025 with a result of € 385,218 after tax. For that financial year SERVICE PARTNER recorded a gross margin of € 2.5 million and equity of € 897,294. Compared with financial year 2024, the result moved from € 236,123 to € 385,218. Profitable, and profit is growing. 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 30, 2026.
€ 897,294
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 385,218
▲ 63% vs 2024
Profit after tax over the fiscal year.
€ 829,550
▲ 15% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 385,000 paid out
100 % of the profit went to the shareholders, mostly to BALTEAU I.E. (100 % of the shares). That is where the money ends up.
People and assets in 2025
28.8
▼ 1.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.8 million
▲ 4% vs 2024
€ 64,100 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.
€ 38,715
▼ 40% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 30,374
▼ 28% vs 2024
€ 12,219 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 341,770
▼ 62% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 300,995
▲ 4% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,646,048 | € 1,970,405 | € 2,187,170 | € 2,468,727 | ▲ 13% |
| Profit after taxes | € 139,131 | € 225,346 | € 236,123 | € 385,218 | ▲ 63% |
| Equity | € 895,608 | € 895,953 | € 897,076 | € 897,294 | |
| Total debts | € 696,748 | € 777,600 | € 1,462,428 | € 1,178,713 | ▼ 19% |
| Cash | € 534,733 | € 491,797 | € 723,355 | € 829,550 | ▲ 15% |
| Retained profit | € 858,424 | € 858,769 | € 859,892 | € 860,110 | |
| Dividend | € 139,000 | € 225,000 | € 235,000 | € 385,000 | ▲ 64% |
| Bank debt | € 0 | € 53,414 | € 42,121 | € 30,374 | ▼ 28% |
| Balance sheet total | € 1,592,356 | € 1,673,553 | € 2,359,504 | € 2,076,007 | ▼ 12% |
| Employees (FTE) | 27.6 | 28.6 | 30.4 | 28.8 | ▼ 1.6 |
Key figures of SERVICE PARTNER, 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 PARTNER?
What happened at SERVICE PARTNER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 385,218 (▲ 63% vs 2024). Source: NBB ↗
- Mohammed IKHARRAZEN became a director. NBB
- JSR CONSULT SRL became a director. NBB
- New establishment in Saint-Nicolas. KBO
- Start of the company according to the CBE. KBO
In short
From € 139,131 profit in 2022 to € 385,218 profit in 2025.
Paid € 445,438 in corporate taxes since 2022.
Best year ever: 2025, with € 385,218 profit.
On average € 85,700 of value added per employee in 2025.
Management
The stake of BALTEAU I.E., BALTEAU GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SERVICE PARTNERBehind SERVICE PARTNER are Mohammed IKHARRAZEN and JSR CONSULT SRL. The shares are held by BALTEAU I.E. (99.9%) and BALTEAU GROUP (0.1%).
Directors
According to the 2025 annual accounts
Mohammed IKHARRAZEN
Director
since 2020
Director · represented by Salvatore RIZZO
Also active at: BALTEAU I.E., ENGENEERING CABLING SYSTEM, ALARME CONTROLE, ELECTRO GDB, T.C.S., LOUISED, ECOGREEN SOFT, PARTFIN +6 more
since 2020
Shareholders
99.9%
0.1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue des Martyrs 115
4420 Saint-Nicolas
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 19 companies are registered at this address.
All companies at this address →IMMORIPRO
€ 208,225 gross margin · 2025
BALTEAU I.E. same network
€ 30.6 million revenue · 2025
ENGENEERING CABLING SYSTEM same network
€ 646,639 gross margin · 2025
ALARME CONTROLE same network
€ 865,806 gross margin · 2025
T.C.S. same network
€ 2.6 million gross margin · 2025
+14 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0459.762.083
- VAT number
- BE 0459.762.083
- Registered office
- Rue des Martyrs 115, 4420 Saint-Nicolas
- Names & denominations
- SERVICE PARTNER
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 January 1997
- Peppol
- Active · Active since 16 Jul 2025
- Activities · NACE
Algemene elektrotechnische installatiewerken
Elektrische installatie