Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
SRM Group from Kortrijk, company number BE0792357366, closed financial year 2024 with a result of € -231,989 after tax. For that financial year SRM Group recorded a gross margin of € 44,711 and equity of € 71,042. Compared with financial year 2023, the result moved from € 3,031 to € -231,989. The company made a loss. The buffer shrank hard: equity is 77 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2025.
€ 71,042
▼ 77% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -231,989
▼ still € 3,031 profit in 2023
Profit after tax over the fiscal year.
€ 17,599
▼ 70% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -228,958.
People and assets in 2024
€ 136,297
▲ € 105,026 vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 250,000
€ 14,174 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 14,327
▼ 51% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 7,524
▼ 61% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|
| Gross margin | € 127,773 | € 44,711 | ▼ 65% |
| Profit after taxes | € 3,031 | € -231,989 | ▼ € 235,020 |
| Equity | € 303,031 | € 71,042 | ▼ 77% |
| Total debts | € 2,403,888 | € 1,628,432 | ▼ 32% |
| Cash | € 58,630 | € 17,599 | ▼ 70% |
| Land & buildings | € 1,590,430 | € 289,500 | ▼ 82% |
| Retained profit | € 3,031 | € -228,958 | ▼ € 231,989 |
| Bank debt | € 0 | € 250,000 | |
| Balance sheet total | € 2,706,918 | € 1,699,474 | ▼ 37% |
Key figures of SRM Group, fiscal years 2023 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 SRM Group?
What happened at SRM Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 231,989 (▼ € 235,020 vs 2023). Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
- Steven Marcel Servayge became a director. NBB
In short
From € 3,031 profit in 2023 to € 231,989 loss in 2024.
Paid € 1,448 in corporate taxes since 2023.
Best year ever: 2023, with € 3,031 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 SRM Group is Steven Marcel Servayge.
Directors
According to the 2024 annual accounts
Steven Marcel Servayge
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Kerkvoetweg(Bis) 46
8501 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0792.357.366
- VAT number
- BE 0792.357.366
- Registered office
- Kerkvoetweg(Bis) 46, 8501 Kortrijk
- Names & denominations
- SRM Group
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 October 2022
- Peppol
- Active · Active since 6 Oct 2025
- Activities · NACE
Activiteiten van holdings
Holdings
Handelsbemiddeling in de groothandel in andere specifieke goederen
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Handelsbemiddeling in auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)