Sel Projects
Annual accounts 2025
micro format, filed on 28-09-2026, 59 days lateTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €120,000. Estimated: probably between €67,000 and €250,000.
Balance sheet
balance sheet total €59,807 on 31-12-2025Position in the sector
56.2%
Higher than 70% of 17,199 companies in 2025.
1.67
Higher than 62% of 16,496 companies in 2025.
47.8%
Higher than 95% of 16,875 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
59,807 | |
20 |
1,404 | |
21/28 |
14,620 | |
22/27 |
14,620 | |
24 |
14,620 | |
29/58 |
43,782 | |
40/41 |
11,504 | |
40 |
7,891 | |
41 |
3,613 | |
54/58 |
32,279 | |
| Balance sheet: equity and liabilities | ||
10/49 |
59,807 | |
10/15 |
33,606 | |
10/11 |
5,000 | |
13 |
28,606 | |
133 |
28,606 | |
17/49 |
26,201 | |
42/48 |
26,201 | |
42 |
8,794 | |
44 |
4,449 | |
440/4 |
4,449 | |
45 |
5,883 | |
450/3 |
5,883 | |
47/48 |
7,075 | |
| Income statement | ||
9900 |
44,210 | |
62 |
145 | |
630 |
2,399 | |
640/8 |
780 | |
9901 |
40,886 | |
75/76B |
0 | |
75 |
0 | |
65/66B |
1,398 | |
65 |
1,398 | |
9903 |
39,489 | |
67/77 |
10,883 | |
9904 |
28,606 | |
9905 |
28,606 | |
| Appropriation of the result | ||
9906 |
28,606 | |
691/2 |
28,606 | |
6921 |
28,606 | |
| Document | ||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 28-09-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 59 days after the deadline. Filed on 28 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00526603.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 28-09-2026 | 2026-00526603 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 43,285 | ||
| 31,005 | ||
| 16,125 | ||
| 17,582 | ||
| 56.2% | ||
| 1.67 | ||
| 0.78 | ||
| 85.1% | ||
| 47.8% | ||
| 30.97 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €16,125 |
| Financial fixed assets | €0 |
| €2,399 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on Sel Projects
Debt's share of the balance-sheet total is 43.8%.