Financials
Financial year 2024
SERVICE GROUP from Beveren-Kruibeke-Zwijndrecht, company number BE0748381625, closed financial year 2024 with a result of € 61,662 after tax. For that financial year SERVICE GROUP recorded a gross margin of € 196,156 and equity of € 113,732. Compared with financial year 2023, the result moved from € 21,419 to € 61,662. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 16, 2025.
€ 113,732
▲ 118% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 61,662
▲ 188% vs 2023
Profit after tax over the fiscal year.
€ 21,877
▼ 83% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 47,071.
People and assets in 2024
€ 89,589
▲ € 77,325 vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 15,040
▼ 61% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 43,836
▼ 26% vs 2023
€ 15,965 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 351,175
▼ 17% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 79,935
▲ € 71,520 vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 96,623 | € 69,944 | € 449,684 | € 196,156 | ▼ 56% |
| Profit after taxes | € 22,667 | € 2,985 | € 21,419 | € 61,662 | ▲ 188% |
| Equity | € 27,667 | € 30,651 | € 52,071 | € 113,732 | ▲ 118% |
| Total debts | € 42,494 | € 305,066 | € 488,339 | € 474,946 | ▼ 3% |
| Cash | € 6,579 | € 342 | € 131,634 | € 21,877 | ▼ 83% |
| Land & buildings | - | - | € 103,418 | € 92,918 | ▼ 10% |
| Retained profit | € 22,667 | € 25,651 | € 47,071 | € 47,071 | |
| Bank debt | € 0 | € 76,582 | € 59,256 | € 43,836 | ▼ 26% |
| Balance sheet total | € 70,161 | € 335,717 | € 540,409 | € 588,679 | ▲ 9% |
Key figures of SERVICE GROUP, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to SERVICE GROUP?
What happened at SERVICE GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 61,662 (▲ 188% vs 2023). filed late Source: NBB ↗
- Hassan Al-Zubaidi became a director. NBB
- New establishment in Beveren-Kruibeke-Zwijndrecht. KBO
- Start of the company according to the CBE. KBO
In short
From € 22,667 profit in 2021 to € 61,662 profit in 2024.
Paid € 15,247 in corporate taxes since 2021.
Best year ever: 2024, with € 61,662 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind SERVICE GROUP is Hassan Al-Zubaidi. Hassan Al-Zubaidi is also behind TIME 2 TRANS.
Directors
According to the 2024 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Slekkenstraat(MEL) 4
9120 Beveren-Kruibeke-Zwijndrecht
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
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€ 465,733 gross margin · 2025
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€ 897,910 gross margin · 2025
Attorno
€ 460,483 gross margin · 2025
GLOBAL INTER SERVICE
€ 50,232 gross margin · 2024
+2 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
- 0748.381.625
- VAT number
- BE 0748.381.625
- Registered office
- Slekkenstraat(MEL) 4, 9120 Beveren-Kruibeke-Zwijndrecht
- Names & denominations
- SERVICE GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 June 2020
- Peppol
- Active · Active since 17 Jun 2025
- Activities · NACE
Goederenvervoer over de weg
Verhuisactiviteiten
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in andere motorvoertuigen (> 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)