EURO SEL
ActiveThe computed 12-month bankruptcy probability of EURO SEL is 1.7% (moderate). The 2025 annual accounts show equity of €35k and a net result of €11k. Equity is growing by ~14.5% per year across the filed fiscal years. Its solvency ranks better than 39% of 10345 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+7
Solvency53▲+8
Growth78=
Track record94
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.2 against 1.09 in 2024; short-term debt: 67.5% and cash: 0.3% of total assets), and 71.9% of the assets are financed with debt.
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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
28.1%
Return on assets
9.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 5 filingsDeviation from the deadline
2025
28 d late
2024
61 d late
2023
61 d late
2022
6 d late
2021
61 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€35k▲ 48.9%
2024 · €23k
2021: €18k
2022: €19k
2023: €20k
2024: €23k
2021 → 2025
Total assets
€124k▲ 7.3%
2024 · €116k
2021: €101k
2022: €99k
2023: €114k
2024: €116k
2021 → 2025
Net result
€11k▲ 227%
2024 · €4k
2021: €3k
2022: €864
2023: €1k
2024: €4k
2021 → 2025
Working capital
€17k▲ 165%
2024 · €6k
2021: €50k
2022: €38k
2023: €22k
2024: €6k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€18k-€19k▲ 4.8%€20k▲ 5.7%€23k▲ 17.6%€35k▲ 48.9%
Operating result€3k-€4k▲ 11.0%€4k▼ 5.3%€6k▲ 65.1%€17k▲ 182%
Net result€3k-€864▼ 71.2%€1k▲ 24.9%€4k▲ 225%€11k▲ 227%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 182% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €124k
Fixed assets
€23k▼ 31.7%
Current assets
€101k▲ 23.7%
Equity and liabilities €124k
Equity
€35k▲ 48.9%
Debt
€90k▼ 3.2%
The debt ratio falls from 79.8% to 71.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€28k▲
2024 · €17k
Cash flow
€22k▲
2024 · €14k
Solvency
28.1%▲
2024 · 20.2%
Current ratio
1.20▲
2024 · 1.09
Quick ratio
0.05▲
2024 · 0.03
Debt / equity
2.56▼
2024 · 3.95
ROE
32.9%▲
2024 · 14.9%
ROA
9.2%▲
2024 · 3.0%
Interest coverage
18.75▼
2024 · 29.95
Debt
€90k▼
2024 · €93k
Debt ≤ 1 year
€84k▲
2024 · €75k
Debt > 1 year
€6k▼
2024 · €17k
Income taxes
€4k▲
2024 · €2k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€116k€124k▲
Fixed assets21/28€34k€23k▼
Tangible fixed assets22/27€28k€17k▼
Plant, machinery and equipment23€8k€4k▼
Furniture and vehicles24€21k€14k▼
Financial fixed assets28€6k€6k=
Current assets29/58€82k€101k▲
Stocks and contracts in progress3€79k€97k▲
Stocks30/36€79k€97k▲
Amounts receivable within one year40/41€2k€4k▲
Other amounts receivable41€2k€4k▲
Cash at bank and in hand54/58€524€339▼
Equity and liabilities
Total equity and liabilities10/49€116k€124k▲
Equity10/15€23k€35k▲
Contributions10/11€15k€15k=
Capital10€15k€15k=
Issued capital100€15k€15k=
Profit (loss) carried forward14€8k€20k▲
Amounts payable17/49€93k€90k▼
Amounts payable after more than one year17€17k€6k▼
Financial debts170/4€17k€6k▼
Amounts payable within one year42/48€75k€84k▲
Current portion of amounts payable after more than one year42€13k€12k▼
Financial debts43€8k€9k▲
Credit institutions430/8€8k€9k▲
Trade debts44€10k€25k▲
Suppliers440/4€10k€25k▲
Taxes, remuneration and social security45€3k€5k▲
Taxes450/3€3k€5k▲
Other amounts payable47/48€41k€33k▼
Income statement
Code20242025
Remuneration, social security and pensions62€2k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k=
Other operating charges640/8€3k€2k▼
Gross operating margin9900€22k€29k▲
Operating profit (loss)9901€6k€17k▲
Financial charges65/66B€565€1k▲
Recurring financial charges65€565€1k▲
Profit (loss) for the period before taxes9903€5k€16k▲
Income taxes67/77€2k€4k▲
Profit (loss) for the period9904€4k€11k▲
Profit (loss) for the period to be appropriated9905€4k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€8k€20k▲
Profit (loss) brought forward from the previous period14P€5k€8k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
31-12
Financial
Highest result since 2021net €11k ▲227%
Operating result €17k, net result €11k, both a record.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
06-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 6 days late
2022
31-12
Financial
Weakest financial yearnet €864 ▼71.2%
Net result drops to €864, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Sint-Niklaas · 1 establishment unit since 2023
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.
Grote Markt 119100 Sint-NiklaasGround area
893 m²
Building footprint
186 m²
Volume, LiDAR
3,121 m³
Parcel 46443E1180/00E000, Flanders · tallest building 19.8 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Kabul Market
since 20232.346.755.147
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46443E1180/00E000 | Flanders | 893 m² | 1 · 186 m² | 19.8 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Niklaas2.346.755.147
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S&C INVESTMENT
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Of 2,477 companies in sector 47279 we hold annual accounts for 950. 766 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-03-2021
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47279Other retail sale of food
47299Retail trade
46190Agents in non-specialised wholesale trade
47120Other non-specialised retail sale
47910Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 5 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.