MOLSEV
ActiveSummary
The computed 12-month bankruptcy probability of MOLSEV is 3.5% (moderate). The 2025 annual accounts show negative equity (-€11,501) and a net result of -€16,707. Its solvency ranks better than 14% of 22,793 sector peers (NACE 47, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 07-08-2023 Normal situation
- Activity
- Retail trade NACE 47610and 3 others
- Establishment unit
- 2.349.844.301 1080 Sint-Jans-Molenbeek, since 07-08-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 14-11-2025
Board and ownership
- MOLDOVAN Crina OlgutaDirector
- Moldovan Crina Olgutaall the sharesact of 19-09-2024
Financial position
- Bankruptcy probabilitywithin 12 months
- 3.5%
- Gross margin
- -€13,063
- Loss
- €16,707
- Equity
- -€11,501
- Total assets
- €37,094
- ▲ 13.8%
- Negative equity on 31-12-2025
Score breakdownraises riskFounded in 2023Negative equity -€11,501Loss of €16,707 (financial year 2025)lowers riskSize: total assets €37,094Show the evidence
Checked score
About 4 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 47, micro). It does better than 6% of them on solvency, 3% on liquidity, 6% on profitability and 2% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 2 accounts on average 21 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 25-06-2026 at the NBB all 2 filings
Every figure per financial year
The operating result for 2025 is a loss of €14,892, after a profit of €1,508 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | - | €7,547 |
| Financial fixed assets | €1,500 | €4,500 |
| Depreciation and write-downs of the year | - | €1,191 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €1,191 | - |
| Other operating charges640/8 | €1,025 | €638 | ▼ 37.8% |
| Gross operating margin9900 | €2,533 | -€13,063 | - |
| Operating profit (loss)9901 | €1,508 | -€14,892 | - |
| Financial income75/76B | €1 | €0 | ▼ 100% |
| Recurring financial income75 | €1 | €0 | ▼ 100% |
| Financial charges65/66B | €1,215 | €1,814 | ▲ 49.3% |
| Recurring financial charges65 | €1,215 | €1,814 | ▲ 49.3% |
| Profit (loss) for the period before taxes9903 | €293 | -€16,707 | - |
| Income taxes67/77 | €88 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €206 | -€16,707 | - |
| Profit (loss) for the period to be appropriated9905 | €206 | -€16,707 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €32,591 | €37,094 | ▲ 13.8% |
| Fixed assets21/28 | €1,500 | €12,356 | ▲ 724% |
| Tangible fixed assets22/27 | - | €6,356 | - |
| Leasing and similar rights25 | - | €6,356 | - |
| Financial fixed assets28 | €1,500 | €6,000 | ▲ 300% |
| Current assets29/58 | €31,091 | €24,738 | ▼ 20.4% |
| Stocks and contracts in progress3 | €7,861 | €16,688 | ▲ 112% |
| Stocks30/36 | €7,861 | €16,688 | ▲ 112% |
| Amounts receivable within one year40/41 | €18,464 | €7,796 | ▼ 57.8% |
| Trade receivables40 | €14,111 | €7,074 | ▼ 49.9% |
| Other amounts receivable41 | €4,353 | €722 | ▼ 83.4% |
| Cash at bank and in hand54/58 | €4,766 | €175 | ▼ 96.3% |
| Deferred charges and accrued income490/1 | - | €79 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €32,591 | €37,094 | ▲ 13.8% |
| Equity10/15 | €5,206 | -€11,501 | - |
| Contributions10/11 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €206 | -€16,501 | - |
| Amounts payable17/49 | €27,385 | €48,595 | ▲ 77.5% |
| Amounts payable within one year42/48 | €27,385 | €48,595 | ▲ 77.5% |
| Trade debts44 | €15,203 | €10,407 | ▼ 31.5% |
| Suppliers440/4 | €15,203 | €10,407 | ▼ 31.5% |
| Taxes, remuneration and social security45 | €88 | €4,309 | ▲ 49× |
| Taxes450/3 | €88 | €109 | ▲ 24.4% |
| Remuneration and social security454/9 | - | €4,200 | - |
| Other amounts payable47/48 | €12,095 | €33,879 | ▲ 180% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €206 | -€16,707 | - |
| + Depreciation and write-downs630 | - | €1,191 | - |
| Operating cash flow (approximation) | €206 | -€15,516 | - |
| Investment in fixed assets (approximation) | - | -€12,047 | - |
| Change in cash | - | -€4,591 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 7,639 companies had the same profile as MOLSEV has now. Two years later, 84.8% were still going and 8.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
Another 0.7% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MOLSEV itself: 3.5% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,639 companies, not a prediction for MOLSEV. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Owners and capital
Shareholders
- Moldovan Crina Olguta all shares
- Seveli Skeljzen to Moldovan Crina Olguta 25 shares
- MOLDOVAN Crina Olguta 75 shares (75%) · €3,750
- ŠEVELI Škeljzen 25 shares (25%) · €1,250
Capital transactions
- 09-08-2023 Incorporation · €5,000 · 100 shares
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| MOLDOVAN Crina Olguta |
|
| ŠEVELI Škeljzen |
|
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Organe d'administration, assemblée peut accorder indemnité de départ”
Capital, shares and profit
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- 100 shares
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié cédant,moitié acquéreurs proportionnellement, cessions entre vifs à titre onéreux ou gratuit,volontaires ou forcées,exclusion et…”
Articles of association, deed of 09-08-2023 (in French)
Network & group
MOLSEV shares no director with another company.
Companies at the same address
5 other companies- AEMA MULTIPRO SERVICE Establishment · since 01-10-2026Founded in 2026 1041.984.688
- Alexandru, Nicolae (sole trader) Establishment · since 01-07-2026Founded in 2026 1039.853.262
- Georgiţǎ, Constantin (sole trader) Establishment · since 05-04-2024Founded in 2024 1008.036.074
- PME EXPRES Establishment · since 01-03-2019Founded in 2019 · total assets €1.3m (2023) 0720.731.180
- That Might Be Right Registered office · since 09-11-2017Founded in 2017 0684.530.681
Connections & network
1 current directorThe network starts from the directors of MOLSEV. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
19-09
Gazette deed
Transfer of 25 shares from Seveli Skeljzen to Moldovan Crina OlgutaResignation: Seveli Skeljzen (director) · Director discharge: Seveli Skeljzen · Moldovan Crina Olguta holds all the shares5 points ▸
- General meeting, 21-08-2024
- Director resignation, Seveli Skeljzen
- Director discharge, Seveli Skeljzen
- Share transfer, Seveli Skeljzen → Moldovan Crina Olguta, 25 shares
- Moldovan Crina Olguta holds all the shares
09-08
Gazette deed
IncorporationFounding capital of €5,000, 100 shares · Founders: MOLDOVAN Crina Olguta and ŠEVELI Škeljzen · Appointments: MOLDOVAN Crina Olguta (director) and ŠEVELI Škeljzen (director)8 points ▸
- Founder, MOLDOVAN Crina Olguta
- Founder, ŠEVELI Škeljzen
- Incorporation, 07-08-2023
- Founding capital, €5,000, 100 shares
- Registered office clause, Rue de Veeweyde 125/02, 1070 Bruxelles (Anderlecht)
- Board rule, 2
- Director appointment, MOLDOVAN Crina Olguta (director (not named in the articles))
- Director appointment, ŠEVELI Škeljzen (director (not named in the articles))
- The act holds 3 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
MOLSEV was incorporated on 7 August 2023 as a private limited company by two natural persons, with a starting capital of €5,000.12 MOLDOVAN Crina Olguta is director of the company, appointed in the act of 09-08-2023.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
25 activities
- Libraire dans le sens le plus large du mot, c’est à dire, le commerce de détail en journaux, les magazines, les hebdomadaires, les revues, les livres, les articles de papeterie, les cartes routières, les plans de villes et similaires, les billets de loterie, le Lotto, le tiercé, les articles pour fumeurs dans le sens le plus large du mot
- Commerce d'alimentation générale dans le sens plus large du terme, cabines téléphoniques, night-shop
- Tous produits alimentaires tels que fruits, légumes, conserves, produits laitiers, produits de la mer, poissons, boucherie, articles de ménage et articles cadeaux
- Tous textiles en général, vêtements divers, chaussures, cordonnerie, serrurerie, maroquinerie dans le sens le plus large
- Tous produits de l’artisanat en général, tapisseries, antiquités, brocantes, objets de décoration et tous mobiliers
- Tous les articles de parfumerie, de toilette, cosmétiques, produits de beauté, maquillage ainsi que savons et détergents
- Tous les articles d’horticulture tels que fleurs, plantes, articles de jardinage, aménagement et entretien de jardins et de pépinières
- Tous bijoux, orfèvrerie
- Tous appareils électroménagers, audio, vidéo, électronique, télécommunication, matériel de bureau et informatique
- Matériels de construction, de bricolage, matériel électrique et électronique, sanitaire et de plomberie, machines industrielles
- L'expédition de marchandises, organiser et exécuter des missions de transport par route, par eau ou aérien
- Organisation d'expéditions individuelles et groupées (y compris l'enlèvement, la livraison et regroupement des envois)
- Activités des agences en douane, les activités des commissionnaires de transport pour le frêt maritime et aérien, la préparation des documents de transport, les activités des courtiers de transport, les services d'appui à la manutention des marchandises, tels que l’emballage temporaire pour protéger les marchandises pendant le transport, le déballage, la prise d’échantillons et pesée de la marchandise
- Le gros œuvre, la maçonnerie et le béton, les travaux de démolition, plafonnage, cimentage, pose de chape, tailleur de pierre, marbrier, carrelage, toiture et étanchéité, sanitaire et plomberie, installation chauffage au gaz, de chauffage central, zinguerie et couvertures métalliques et non métalliques, travaux de vitrage, menuiserie charpenterie, peinture, pose revêtements murs et sols, électricité générale ainsi que tous placements de système d’alarme, de climatisation et de domotique, électrotechnique, lavage de vitres, horticulture, élagage d’arbres, aménagement de parcs et de jardins, construction de pavillons démontables et baraquements non métalliques, placement de clôture, ramonage de cheminées, installation d’échafaudage, de rejointoiement et nettoyage de façades, travaux d’égout, travaux de pose de câbles et de canalisations diverses, fabrication et d’installation de cheminées ornementales, nettoyage et désinfection de maisons et de locaux, meubles, ameublement et objets divers, fabrication et garnissage de meubles non métallique, installation de ventilation et d’aération, de chauffage à air chaud, de conditionnement d’air et de tuyauteries industrielles, travaux de drainage, placement de cuisines équipées, construction, réfection et entretien des routes
- Y compris les bureaux, les ateliers, les usines, les locaux d’institutions et les autres locaux à usage commercial ou professionnel ainsi que les maisons unifamiliales et les immeubles à appartements, le nettoyage des vitres, le repassage ainsi que toutes activités dans le cadre des titres services au domicile et hors domicile de l’utilisateur des titres services
- Fournir tous services ou prestations au profit de toutes clientèles privées ou commerciales
- L’organisation de banquets et réceptions, le service traiteur, y compris l’organisation, la gestion et l’exploitation de restaurants, sandwicheries, snack-bars, bars, cafétérias, débits de boissons, ainsi que toutes opérations de tourisme, d’hôtellerie, de divertissements et de loisirs en ce compris l’achat, la vente en gros et au détail, l’import-export de tous produits se rapportant, directement ou indirectement, à ces activités
- L’informatique au sens le plus large du terme, tels que la création de sites internet et de logiciels informatique, l’étude, la recherche, la conception, le développement, la mise en place et la commercialisation de technologies et de systèmes informatisés, de systèmes de régulations, d’exploitations, de gestion assistées, administratifs, commerciaux, industriels ; la création et la commercialisation de programmes informatiques, d’application relatives au domaine IT et de tout « software »
- Le commerce ambulant
- D’un atelier de réparation de carrosserie automobile et de tous les véhicules dans le plus large sens
- L'achat, la vente, l'importation, l'exportation, la location à court ou à long termes, le leasing, la représentation, la fabrication, le montage, la démolition, le transport, la réparation, le lavage, l’entretien de tous les véhicules automobiles, voitures mixtes, utilitaires, camions, motos, cyclomoteurs, vélos ainsi que des accessoires et pièces de ces véhicules, le tout neuf ou d'occasion, en ce compris le commerce de détail et de gros de pièces détachées et d'équipements divers, le commerce des huiles, essences, carburants, lubrifiants, moteurs, pneumatiques et d'une manière générale de produits quelconques se rapportant à l'automobile, car-wash, station-service
- Dépôt et atelier de fabrication de tous produits de boulangerie et de pâtisserie, de tous produits alimentaires et non alimentaires
- Boucherie, charcuterie, ainsi que la vente, l’achat, l’import, l’export, la distribution, la commercialisation, la fabrication, la conception, la préparation et le commerce en général de tous produits ayant un rapport avec la boucherie, la charcuterie, l’épicerie fine
- L'exploitation de salons de coiffure hommes, dames et enfants, les conseils en beauté et en soins de visage et corps, les soins de la peau et d'épilation, les soins de manucure et de pédicure
- L’exploitation d’une entreprise de taxis, de bureaux de centralisation d’appels téléphoniques et de transmissions pour taxis, la location de tous types de véhicules, avec ou sans chauffeur et le covoiturage, une mise en relation entre chauffeur et utilisateur de transport via des plateformes (application Smartphone)
Invoicing and payment
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Food safety, FASFC
1 siteSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21308H0500/00N004 | Brussels | 921 m² | 1 · 180 m² | 28.4 m · 9 |
| 21012F0359/00C002 | Brussels | 114 m² | 1 · 67 m² | 17.7 m · 5 |