Iwan Sels
ActiveSummary
The computed 12-month bankruptcy probability of Iwan Sels is 1.8% (moderate). The 2025 annual accounts show equity of €20,300 and a net result of -€7,102. Equity has been growing by about 12% per year since 2022. Its solvency ranks better than 65% of 9,380 sector peers (NACE 41, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 30-09-2021 Normal situation
- Activity
- General construction of residential buildings NACE 41001and 4 others
- Establishment unit
- 2.322.668.067 2360 Oud-Turnhout, since 30-09-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 02-05-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.8%
- Gross margin
- €5,493
- ▼ 76.3%
- Turnover
- ≈ €66,000
- estimated
- Loss
- €7,102
- Equity
- €20,300
- ▼ 25.9%
- Total assets
- €35,268
- ▼ 35.8%
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)Founded in 2021lowers riskEquity €20,300 (57.6% of total assets)Figures for financial year 2025 (filed on 31-07-2026)Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 66% of them on solvency, 45% on liquidity, 14% on profitability and 17% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 4 accounts on average 6 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
Key points
- Caution: Lower net result than 83% of companies in construction of buildingssector median €8,543 · 9,370 companies -€7,102 View
Recent changes
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as Iwan Sels: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €32,800 and €38,900, founded between 2020 and 2021.
| Company | Total assets | Gross margin |
|---|---|---|
| Iwan Sels Oud-Turnhout | €35,268 | €5,493 |
| Kim Beyers Geel | €34,815 | €4,776 |
| Algemene Bouwwerken Wuyts Peter Wommelgem | €33,965 | €6,115 |
| Reno Phil Heist-op-den-Berg | €35,397 | €7,221 |
| WE REBUILD Vosselaar | €32,787 | €6,483 |
| Prominent Wonen Westerlo | €36,120 | €6,198 |
| CA PRO CONSTRUCT Ternat | €38,855 | €5,657 |
Key facts about Iwan Sels
- What is the company number of Iwan Sels?
- The company number of Iwan Sels is 0774.863.219. The VAT number is the same number with BE in front: BE 0774.863.219.
- Where is Iwan Sels based?
- The registered office is at Ploegstraat 3, 2360 Oud-Turnhout.Company details
- What does Iwan Sels do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of Iwan Sels?
- The legal form of Iwan Sels is Private limited company (BV).
- When was Iwan Sels founded?
- Iwan Sels was founded on 30-09-2021.
- Is Iwan Sels still active?
- Yes, Iwan Sels is an active enterprise in the KBO register.
- What is the turnover of Iwan Sels?
- The turnover in financial year 2025 is ≈ €66,000. This figure is estimated from the gross margin of €5,493 and 268 comparable companies (NACE 41001). It probably lies between €34,000 and €120,000. It is a rough estimate.Financials
- Is Iwan Sels profitable?
- In financial year 2025, Iwan Sels made a loss of €7,102.
- Where can I find the annual accounts of Iwan Sels?
- Iwan Sels filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Iwan Sels due?
- Iwan Sels must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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