SELAND
ActiveSELAND has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €422k and a net result of €195k. Equity remains stable across the filed fiscal years (±2% per year). Its solvency ranks better than 76% of 4137 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency87▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 2.0 against 2.06 in 2024; short-term debt: 37.8% and cash: 53% of total assets), and 37.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · 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
62.2%
Return on assets
28.7%
Age of the figures
14 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €422k
neutral · Latest accounts filed on time
The financial year that closed on 31-07-2025 was due by 28-02-2026 and was filed on 03-12-2025, 87 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
87 d early
2024
73 d early
2023
17 d early
2022
50 d early
2021
14 d early
2020
80 d early
2019
51 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-07-2026 and is due by 28-02-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-07-2026 close18-09-2026 today28-02-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€195k▲ 12.3%
2024 · €174k
2019: €47k
2020: €12k
2021: €50k
2022: €150k
2023: €120k
2024: €174k
2019 → 2025
Working capital
€256k▼ 7.6%
2024 · €277k
2019: €322k
2020: €229k
2021: €243k
2022: €226k
2023: €234k
2024: €277k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€353k-€353k=€354k▲ 0.1%€377k▲ 6.7%€422k▲ 11.9%
Operating result€52k-€186k▲ 257%€146k▼ 21.4%€216k▲ 48.0%€250k▲ 15.6%
Net result€50k-€150k▲ 199%€120k▼ 19.9%€174k▲ 44.3%€195k▲ 12.3%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 16% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €679k
Fixed assets
€166k▲ 54.4%
Current assets
€513k▼ 4.9%
Equity and liabilities €679k
Equity
€422k▲ 11.9%
Debt
€257k▼ 4.8%
The debt ratio falls from 41.7% to 37.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€266k▲
2024 · €230k
Cash flow
€211k▲
2024 · €187k
Solvency
62.2%▲
2024 · 58.3%
Current ratio
2.00▼
2024 · 2.06
Quick ratio
1.87▼
2024 · 1.91
Debt / equity
0.61▼
2024 · 0.71
ROE
46.2%▲
2024 · 46.0%
ROA
28.7%▲
2024 · 26.8%
Interest coverage
53.34▼
2024 · 60.97
Debt
€257k▼
2024 · €270k
Debt ≤ 1 year
€257k▼
2024 · €262k
Income taxes
€67k▲
2024 · €61k
Staff costs
€132k▲
2024 · €121k
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€647k€679k▲
Fixed assets21/28€107k€166k▲
Tangible fixed assets22/27€67k€125k▲
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€25k€78k▲
Other tangible fixed assets26€39k€45k▲
Financial fixed assets28€41k€41k=
Current assets29/58€540k€513k▼
Stocks and contracts in progress3€38k€34k▼
Stocks30/36€38k€34k▼
Amounts receivable within one year40/41€609-
Other amounts receivable41€609-
Current investments50/53€5k€105k▲
Cash at bank and in hand54/58€492k€360k▼
Deferred charges and accrued income490/1€3k€14k▲
Equity and liabilities
Total equity and liabilities10/49€647k€679k▲
Equity10/15€377k€422k▲
Contributions10/11€19k€19k=
Reserves13€92k€92k=
Distributable reserves133€92k€92k=
Profit (loss) carried forward14€267k€312k▲
Amounts payable17/49€270k€257k▼
Amounts payable within one year42/48€262k€257k▼
Trade debts44€21k€42k▲
Suppliers440/4€21k€42k▲
Taxes, remuneration and social security45€100k€65k▼
Taxes450/3€80k€47k▼
Remuneration and social security454/9€21k€18k▼
Other amounts payable47/48€141k€150k▲
Accrued charges and deferred income492/3€8k-
Income statement
Code20242025
Non-recurring operating income76A-€11k
Remuneration, social security and pensions62€121k€132k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€16k▲
Other operating charges640/8€1k€3k▲
Gross operating margin9900€352k€401k▲
Operating profit (loss)9901€216k€250k▲
Financial income75/76B€22k€16k▼
Recurring financial income75€22k€16k▼
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€234k€261k▲
Income taxes67/77€61k€67k▲
Profit (loss) for the period9904€174k€195k▲
Profit (loss) for the period to be appropriated9905€174k€195k▲
Appropriation of the result
Profit (loss) to be appropriated9906€417k€462k▲
Profit (loss) brought forward from the previous period14P€243k€267k▲
Profit to be distributed694/7€150k€150k=
Return on contributions (dividend)694€150k€150k=
Social balance
Average headcount (FTE)90872.93.0▲
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
Next filing, fiscal year 2026, expected by
2025
03-12
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
31-07
Financial
Highest result since 2019net €195k ▲12.3%
Operating result €250k, net result €195k, both a record.
2024
17-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
12-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
09-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
14-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
10-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-07
Financial
Weakest financial yearnet €12k ▼74.6%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
09-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
08-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
13-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Liège · 1 establishment unit since 1998
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.
Passage Lemonnier 54000 LiègeGround area
53 m²
Building footprint
36 m²
Volume, LiDAR
389 m³
Parcel 62063A0898/00D003, Wallonia · tallest building 16.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
GREVEN'S
since 19982.088.001.610
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62063A0898/00D003 | Wallonia | 53 m² | 1 · 36 m² | 16.0 m · 4 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.
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IMANIA
BE 0474.992.370
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PERRONSTORES
BE 0416.223.040
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YANNUCCI
BE 0435.333.426
Turnhout · Eq €421k
De Guchtenaere Tony
BE 0448.946.781
Lokeren · Eq €425k
Fona
BE 0859.844.523
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Of 6,501 companies in sector 47716 we hold annual accounts for 2,439. 1,522 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-07-1998
Fiscal year end31-07
Activities, NACEBEL
47712Retail trade
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
52421
52422
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.