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Seldom

Active
Private limited companyfounded 20215 yrs activeLage Kaart 189, 2930 Brasschaat, BelgiumKBO/BCE: BE 0774.377.823
Summary

The computed 12-month bankruptcy probability of Seldom is 5.6% (elevated). The 2024 annual accounts show negative equity (-€7,385) and a net result of -€1,368. Equity is shrinking by ~46.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 36397 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
General electrical installation work
NACE 43211
1 site
Size
€5,118total assets 2024
Equity
-€7,385
Loss
-€1,368
Turnover not published (abridged schema)
Financial health
33 Weak Checked score 2024
Bankruptcy chance 12 m
5.6%
Structure
Accounts 66 d overdue0 of 2 deeds read
Why 33- Figures for FY 2024 (filed 11-08-2025)- 1 financial year not filed after the legal deadline; latest accounts 6 days late; 1 of the last 3 late- Founded in 2021+ Size: total assets €5,118Show the evidence

Checked score

Score 2024
33 / 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 6% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency 0=
equity -144.3% of total assets
Liquidity 0-22
short-term debt 244.3% · cash 0.1%
Profitability 0=
return on assets -26.7%
Bankruptcy probability, 12 months
5.6% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,514 companies)
Last 24 months 11-2024: 5.5% 12-2024: 5.5%● 0.0% vs 11-2024 01-2025: 5.5%● 0.0% vs 12-2024 02-2025: 5.5%● 0.0% vs 01-2025 03-2025: 5.5%▲ +0.6% vs 02-2025 04-2025: 6.4%▲ +16.8% vs 03-2025 05-2025: 6.9%▲ +7.0% vs 04-2025 06-2025: 6.5%▼ -5.8% vs 05-2025 07-2025: 6.5%▲ +0.5% vs 06-2025 08-2025: 7.0%▲ +7.6% vs 07-2025highest value 09-2025: 5.0%▼ -28.9% vs 08-2025 10-2025: 5.0%● 0.0% vs 09-2025 11-2025: 5.0%● 0.0% vs 10-2025 12-2025: 5.0%● 0.0% vs 11-2025 01-2026: 5.0%● 0.0% vs 12-2025 02-2026: 5.0%● +0.0% vs 01-2026 03-2026: 5.0%▲ +0.6% vs 02-2026 04-2026: 5.9%▲ +16.8% vs 03-2026 05-2026: 6.1%▲ +4.3% vs 04-2026 06-2026: 6.3%▲ +3.0% vs 05-2026 07-2026: 6.1%▼ -3.2% vs 06-2026 08-2026: 4.4%▼ -27.9% vs 07-2026lowest value 09-2026: 4.5%▲ +3.2% vs 08-2026 10-2026: 5.6%▲ +23.3% vs 09-2026
  • Figures for FY 2024 (filed 11-08-2025) raises the probability
  • Size: total assets €5,118 lowers the probability for this profile
  • 1 financial year not filed after the legal deadline; latest accounts 6 days late; 1 of the last 3 late raises the probability
  • Founded in 2021 raises the probability for this profile
No credit on open account
Liquidity short (current ratio 0.18 against 1.6 in 2023; short-term debt: 244.3% and cash: 0.1% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 3%, liquidity 1%, profitability 4%, growth against the median 17%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 11-08-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Size: total assets €5,118
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 6 days late; 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Founded in 2021
In the bankruptcy model this factor raises the probability for this profile.
KBO
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
222324
2022 to 2024 · latest year -€7,385
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-08-2025, 6 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 · 3 filings
Deviation from the deadline
2025
not confirmed
2024
6 d late
2023
29 d late
2022
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 22 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Weakest financial yearnet -€4,259

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€7,385 View
  • Risk: 3 loss-making years in a rowloss fiscal year 2024 -€1,368 View
  • Caution: Among the weakest 5% on solvencysector median 46.6% · 36,397 companies -144.3% View
  • Caution: Accounts not fileddeadline was 31-07-2026 66 d late View

By topic

Financials

Fiscal year
2024
Total assets
€5,118
Loss
-€1,368
Solvency
-144.3%
Total assets▼ 77.1%
Net result
20222024
Go to Financials

Timeline

Events
5
Since
2023
  1. 06-08-2025Annual accounts filed
  2. 29-08-2024Annual accounts filed
  3. 31-12-2023Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
21-09-2021
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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