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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 1 % 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
SPECIAL FORCE SERVICES from Kortemark, company number BE0537249841, closed financial year 2025 with a result of € -18,811 after tax. For that financial year SPECIAL FORCE SERVICES recorded a gross margin of € 33,423 and equity of € -233,947. Compared with financial year 2024, the result moved from € 13,056 to € -18,811. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 31, 2026.
€ -233,947
▼ € 18,811 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,811
▼ still € 13,056 profit in 2024
Profit after tax over the fiscal year.
€ 2,104
▲ 107% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -252,547.
Debts at end 2025
€ 145,238
Loans from banks and other lenders, long and short.
€ 4,792
▼ 94% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 787,617 | € 113,222 | € 233 | € 33,423 | ▲ € 33,190 |
| Profit after taxes | € -67,019 | € 88,163 | € 13,056 | € -18,811 | ▼ € 31,867 |
| Equity | € -316,356 | € -228,193 | € -215,136 | € -233,947 | ▼ € 18,811 |
| Total debts | € 815,773 | € 474,837 | € 520,799 | € 237,110 | ▼ 54% |
| Cash | € 31,660 | € 8,102 | € 1,014 | € 2,104 | ▲ 107% |
| Retained profit | € -334,956 | € -246,793 | € -233,736 | € -252,547 | ▼ € 18,811 |
| Bank debt | € 184,566 | € 159,349 | € 145,238 | € 145,238 | |
| Balance sheet total | € 499,417 | € 246,644 | € 305,663 | € 3,163 | ▼ 99% |
| Employees (FTE) | 15.3 | 0 | 0 | - |
Key figures of SPECIAL FORCE SERVICES, 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 SPECIAL FORCE SERVICES?
What happened at SPECIAL FORCE SERVICES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 18,811 (▼ € 31,867 vs 2024). filed late Source: NBB ↗
- New establishment in Kortemark. KBO
- Start of the company according to the CBE. KBO
In short
From € 67,019 loss in 2022 to € 18,811 loss in 2025.
Paid € 4,710 in corporate taxes since 2022.
Best year ever: 2023, with € 88,163 profit.
On average € 51,500 of value added per employee in 2022.
Establishments
Establishment units
Physical locations of this company
Staatsbaan 28
8610 Kortemark
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →DESIMPEL ENERGY GROUP
€ -9,332 gross margin · 2026
Desmatra
€ 2 million gross margin · 2025
Brandstoffen Desimpel
€ -683 gross margin · 2026
Lupe - Events
HRMES same network
€ 13,281 gross margin · 2025
+3 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
- 0537.249.841
- VAT number
- BE 0537.249.841
- Registered office
- Staatsbaan 28, 8610 Kortemark
- Names & denominations
- SPECIAL FORCE SERVICES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 July 2013
- Peppol
- Not registered
- Activities · NACE
Algemene elektrotechnische installatiewerken
Verspanend bewerken van metalen
Plaatsen van behang en vloerbedekking en wandbekleding van andere materialen
Schilderen van gebouwen
Installatie van industriële machines, toestellen en werktuigen
Schilderen van civieltechnische werken
Reparatie en onderhoud van machines
Reparatie en onderhoud van elektrische apparatuur
+4