DUE SELECT
ActiveDUE SELECT has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-52k) and a net result of €-6k. Equity is shrinking by ~24.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 9623 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
27
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability14▼-57
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.77 against 0.8 in 2023; short-term debt: 130.2% and cash: 1.6% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-30.2%
Return on assets
-3.7%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-52k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
71 d late
2023
341 d late
2022
31 d late
2021
396 d late
2020
31 d late
2019
29 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€-52k▼ 13.9%
2023 · €-46k
2018: €-11k
2019: €38k
2020: €6k
2021: €-31k
2022: €-49k
2023: €-46k
2018 → 2024
Total assets
€173k▼ 6.5%
2023 · €184k
2018: €155k
2019: €208k
2020: €162k
2021: €134k
2022: €181k
2023: €184k
2018 → 2024
Net result
€-6k
2023 · €3k
2018: €-22k
2019: €50k
2020: €-32k
2021: €-37k
2022: €-18k
2023: €3k
2018 → 2024
Working capital
€-52k▼ 13.2%
2023 · €-46k
2018: €-27k
2019: €24k
2020: €-6k
2021: €-31k
2022: €-50k
2023: €-46k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€6k-€-31k€-49k▼ 59.7%€-46k▲ 6.3%€-52k▼ 13.9%
Operating result€-31k-€-36k▼ 17.5%€-18k▲ 51.2%€16k€-5k
Net result€-32k-€-37k▼ 15.5%€-18k▲ 50.6%€3k€-6k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €5k after €16k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €173k
Fixed assets
€108▼ 68.8%
Current assets
€172k▼ 6.3%
Key figures and ratios
EBITDA
€-5k▼
2023 · €17k
Cash flow
€-6k▼
2023 · €4k
Solvency
-30.2%▼
2023 · -24.8%
Current ratio
0.77▼
2023 · 0.80
Quick ratio
0.72▼
2023 · 0.75
Debt / equity
-4.32▲
2023 · -5.04
ROA
-3.7%▼
2023 · 1.7%
Interest coverage
-8.10▼
2023 · 14.94
Debt
€225k▼
2023 · €230k
Debt ≤ 1 year
€225k▼
2023 · €230k
Income taxes
€226▼
2023 · €12k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€184k€173k▼
Formation expenses20€0€0=
Fixed assets21/28€346€108▼
Tangible fixed assets22/27€346€108▼
Land and buildings22€0€0=
Plant, machinery and equipment23€0€0=
Furniture and vehicles24€346€108▼
Current assets29/58€184k€172k▼
Stocks and contracts in progress3€10k€10k=
Stocks30/36€10k€10k=
Amounts receivable within one year40/41€169k€159k▼
Trade receivables40€169k€159k▼
Cash at bank and in hand54/58€2k€3k▲
Deferred charges and accrued income490/1€3k-
Equity and liabilities
Total equity and liabilities10/49€184k€173k▼
Equity10/15€-46k€-52k▼
Contributions10/11€6k€6k=
Reserves13€32k€32k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€30k€30k=
Profit (loss) carried forward14€-84k€-90k▼
Amounts payable17/49€230k€225k▼
Amounts payable within one year42/48€230k€225k▼
Trade debts44€194k€209k▲
Suppliers440/4€194k€209k▲
Taxes, remuneration and social security45€3k€958▼
Taxes450/3€2k€958▼
Remuneration and social security454/9€1k-
Other amounts payable47/48€34k€14k▼
Income statement
Code20232024
Non-recurring operating income76A-€6k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€735€238▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€18k€-3k▼
Operating profit (loss)9901€16k€-5k▼
Financial income75/76B€4-
Recurring financial income75€4-
Financial charges65/66B€1k€645▼
Recurring financial charges65€1k€645▼
Profit (loss) for the period before taxes9903€15k€-6k▼
Income taxes67/77€12k€226▼
Profit (loss) for the period9904€3k€-6k▼
Profit (loss) for the period to be appropriated9905€3k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-84k€-90k▼
Profit (loss) brought forward from the previous period14P€-87k€-84k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 71 days late
07-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 341 days late
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after 3 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 396 days late
2021
31-12
Financial
Weakest financial yearnet €-37k
Net result drops to €-37k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
29-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 29 days late
2019
31-12
Financial
Back to profitnet €50k
Net result €50k after one loss-making year.
18-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 49 days late
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 57 days late
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 22 days late
2016
19-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 19 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Pajottegem · 1 establishment unit since 2005
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Lindestraat(HN) 101540 PajottegemGround area
1.0 ha
Building footprint
4,025 m²
Volume, LiDAR
27,614 m³
2 parcels, Flanders · tallest building 13.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DUE SELECT
since 20052.145.459.757
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23077A0130/00Z003 | Flanders | 6,858 m² | 1 · 3,785 m² | 11.6 m · 2 fl. |
| 23032I0260/00F002 | Flanders | 3,193 m² | 1 · 240 m² | 13.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Bordoni-v.p.
BE 0690.917.241
Lubbeek · Eq €6k
ZEN LECOMTE
BE 0862.560.424
Mons · Eq €7k
TOUCH UP
BE 0861.585.276
Wemmel · Eq €7k
MADE IN MILANO
BE 0834.108.839
Etterbeek · Eq €6k
D&A UNO
BE 0807.991.192
Ukkel · Eq €7k
Of 460 companies in sector 47712 we hold annual accounts for 269. 94 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded28-01-2005
Fiscal year end31-12
Activities, NACEBEL
47712Retail trade
52422
47711Retail sale of women's outerwear
52423
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.