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 32 % of short-term debt in 2024; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
PEOPLE SERVICE from Braives, company number BE0819442637, closed financial year 2024 with a result of € 20,959 after tax. For that financial year PEOPLE SERVICE recorded a gross margin of € 934,589 and equity of € -67,754. Compared with financial year 2023, the result moved from € -70,211 to € 20,959. Profitable, and profit is growing. 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 July 29, 2025.
€ -67,754
▲ € 20,959 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20,959
▲ still € 70,211 loss in 2023
Profit after tax over the fiscal year.
€ 50,503
▲ 211% 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 € -86,354.
People and assets in 2024
€ 901,350
▲ 12% 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.
Debts at end 2024
€ 14,792
▼ 13% vs 2023
Loans from banks and other lenders, long and short.
€ 35,383
▲ 4% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 90,853
▲ 70% vs 2023
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 447,267 | € 638,297 | € 737,196 | € 934,589 | ▲ 27% |
| Profit after taxes | € -37,530 | € 28,946 | € -70,211 | € 20,959 | ▲ € 91,169 |
| Equity | € -47,448 | € -18,502 | € -88,712 | € -67,754 | ▲ € 20,959 |
| Total debts | € 100,997 | € 96,779 | € 142,889 | € 158,843 | ▲ 11% |
| Cash | € 39,263 | € 12,421 | € 16,260 | € 50,503 | ▲ 211% |
| Retained profit | € -66,048 | € -37,102 | € -107,312 | € -86,354 | ▲ € 20,959 |
| Bank debt | € 0 | € 0 | € 16,909 | € 14,792 | ▼ 13% |
| Balance sheet total | € 53,549 | € 78,277 | € 54,176 | € 91,090 | ▲ 68% |
Key figures of PEOPLE SERVICE, 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 PEOPLE SERVICE?
What happened at PEOPLE SERVICE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
PEOPLE SERVICE is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: profit of € 20,959. Source: NBB ↗
- New establishment in Liège. KBO
- Start of the company according to the CBE. KBO
In short
From € 37,530 loss in 2021 to € 20,959 profit in 2024.
Best year ever: 2022, with € 28,946 profit.
Management
Behind PEOPLE SERVICE is Philippe SERVAIS. Philippe SERVAIS is also behind La Conciergerie Liégeoise and Business Solutions and Services.
Directors
According to the 2024 annual accounts
Philippe SERVAIS
Director
Also active at: La Conciergerie Liégeoise, Business Solutions and Services
Establishments
Establishment units
Physical locations of this company
Rue des Ecoles 4
4260 Braives
Allée des Noisetiers 2
4031 Liège
Active since 1 November 2009
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
- 0819.442.637
- VAT number
- BE 0819.442.637
- Registered office
- Rue des Ecoles 4, 4260 Braives
- Names & denominations
- PEOPLE SERVICE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 8 October 2009
- Peppol
- Active · Active since 9 Jan 2026
- Activities · NACE
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