CO SELECTION

Bankruptcy closed

Private limited companyfounded 2019KBO/BCE: BE 0737.952.145

Inactive since 17-04-2026; last annual accounts for fiscal year 2020.

Summary

CO SELECTION was declared bankrupt on 29-11-2022 (Ondernemingsrechtbank Gent, afdeling Gent); the bankruptcy was closed for insufficient assets by judgment of 14-04-2026, published in the Belgian State Gazette on 20-04-2026.

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CO SELECTIONBankruptcy closed

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Signals

Two signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Bankruptcy closed

The Belgian State Gazette published the closure of the bankruptcy. The latest notice is dated 20-04-2026. The registration has since been removed from the register.

Belgian State Gazette

Filed after the deadline

The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 17-08-2021, 17 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 1 filing

Deviation from the deadline

2020

17 d late

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its 2020 accounts 17 days after the deadline; the Belgian median for financial year 2020 is 1 day before the deadline, and 46% of all filings were late.

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

History

CO SELECTION was incorporated on 22 November 2019 as a Private limited company.¹ The company has filed annual accounts once, for fiscal year 2020.² On 29 November 2022 the company was declared bankrupt; the bankruptcy was closed on 14 April 2026.³⁴

Go further with this company

Still owed money by this company? This is how you file your claim.Creditor guide Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Address check Are there other customers at risk in your own list?Debtor check

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2020, micro schema

Source amounts without an identifiable currency are assumed to be EUR.

Equity

€25,517

Total assets

€92,055

Net result

€13,017

Working capital

€54,825

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition

Assets €92,055

11%

88.9%

Fixed assets €10,241

Current assets €81,814

Equity and liabilities €92,055

27.7%

72.3%

Equity €25,517

Debt €66,537

Debt finances 72.3% of the balance-sheet total.

Key figures and ratios

2020 value

EBITDA

€29,930

Cash flow

€25,172

Current ratio

3.03

Quick ratio

1.55

Debt to equity

1.55

ROE

51.0%

ROA

14.1%

Debt ≤ 1 year

€26,989

Debt > 1 year

€39,548

Income taxes

€4,998

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2020 · 24 lines

Balance sheet Code2020

Assets

Total assets20/58€92,055

Fixed assets21/28€10,241

Tangible fixed assets22/27€8,441

Financial fixed assets28€1,800

Current assets29/58€81,814

Stocks and contracts in progress3€39,990

Amounts receivable within one year40/41€37,872

Cash at bank and in hand54/58€3,952

Equity and liabilities

Total equity and liabilities10/49€92,055

Equity10/15€25,517

Profit (loss) carried forward14€13,017

Amounts payable17/49€66,537

Amounts payable after more than one year17€39,548

Amounts payable within one year42/48€26,989

Trade debts44€114

Income statement Code2020

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,155

Gross operating margin9900€45,624

Operating profit (loss)9901€17,776

Recurring financial income75€552

Recurring financial charges65€313

Profit (loss) for the period before taxes9903€18,015

Income taxes67/77€4,998

Profit (loss) for the period9904€13,017

Profit (loss) for the period to be appropriated9905€13,017

Line	2020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€12,155
Gross operating margin9900	€45,624
Operating profit (loss)9901	€17,776
Recurring financial income75	€552
Recurring financial charges65	€313
Profit (loss) for the period before taxes9903	€18,015
Income taxes67/77	€4,998
Profit (loss) for the period9904	€13,017
Profit (loss) for the period to be appropriated9905	€13,017

Line	2020
Assets
Total assets20/58	€92,055
Fixed assets21/28	€10,241
Tangible fixed assets22/27	€8,441
Financial fixed assets28	€1,800
Current assets29/58	€81,814
Stocks and contracts in progress3	€39,990
Amounts receivable within one year40/41	€37,872
Cash at bank and in hand54/58	€3,952
Equity and liabilities
Total equity and liabilities10/49	€92,055
Equity10/15	€25,517
Profit (loss) carried forward14	€13,017
Amounts payable17/49	€66,537
Amounts payable after more than one year17	€39,548
Amounts payable within one year42/48	€26,989
Trade debts44	€114

Line	2020
Profit (loss) for the period9904	€13,017
+ Depreciation and write-downs630	€12,155
Operating cash flow (approximation)	€25,172

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

All 3Signals 2Filings 1

2026

20-04

Bankruptcy Bankruptcy closure (insufficient assets)

Ondernemingsrechtbank Gent, afdeling Gent · event 14-04-2026

2022

05-12

Bankruptcy Opening

Ondernemingsrechtbank Gent, afdeling Gent · event 29-11-2022

2021

17-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 17 days late

SignalNBB filing

0 of 4 acts read

About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Destelbergen

exact location from the address register On OpenStreetMap

Ground area

2,609 m²

Building footprint

225 m²

Parcel 44013A0100/00N002, Flanders. Linked by address, not a title deed.

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44013A0100/00N002	Flanders	2,609 m²	1 · 225 m²	-

Linked by address, not proof of ownership

Good to know

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate

Role	Name	Tenure
Curator	NICOLAS CLAERHOUT KONING ALBERTSTRAAT 25/1, 9900 EEKLO	29-11-2022 → 14-04-2026

Identification & contact

Identification

Legal formPrivate limited company

Founded22-11-2019

Fiscal year end31-12

E-invoicing

Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Scores and ratios are computed by Checked and are not a credit decision.