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Seldom

Active
Private limited companyfounded 2021active for 5 yearsLage Kaart 189, 2930 Brasschaat, BelgiumKBO/BCE: BE 0774.377.823

From the official registers: KBO 4 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of Seldom is 1.8% (moderate). The 2025 annual accounts show negative equity (-€991) and a net result of €6,394. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 34,855 sector peers (NACE 43, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

2025 annual accounts filed late (73 days) Filed on 12 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00554489.

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
12-10-2026
Format
micro format
Reference
2026-00554489
Turnover
≈ €73,000
Estimated: probably between €48,000 and €150,000
Total assets
€17,626▲ 244%
2024 · €5,118
Net result
€6,394
2024 · -€1,368
Working capital
-€3,368▲ 67.2%
2024 · -€10,252
Trend over the years

2022 to 2025, 4 financial years

The operating result returns to profit in 2025: €6,532 after a loss of €1,325 in 2024, the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€6,532 2025 Net result€6,394 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2022202320242025
Operating result-€3,675--€4,195▼ 14.2%-€1,325▲ 68.4%€6,532
Net result-€3,759below the sector's middle half--€4,259below the sector's middle half▼ 13.3%-€1,368below the sector's middle half▲ 67.9%€6,394within the sector's middle half
Equity-€1,759below the sector's middle half--€6,018below the sector's middle half▼ 242%-€7,385below the sector's middle half▼ 22.7%-€991below the sector's middle half▲ 86.6%
Total assets€5,009below the sector's middle half-€22,303below the sector's middle half▲ 345%€5,118below the sector's middle half▼ 77.1%€17,626below the sector's middle half▲ 244%
Debt€6,768-€28,321▲ 318%€12,503▼ 55.9%€18,617▲ 48.9%
Working capital-€3,587below the sector's middle half-€7,300within the sector's middle half-€10,252below the sector's middle half-€3,368below the sector's middle half▲ 67.2%
Solvency-35.1%below the sector's middle half--27.0%below the sector's middle half▲ 8.1pp-144.3%below the sector's middle half▼ 117.3pp-5.6%below the sector's middle half▲ 138.7pp
Current ratio0.47below the sector's middle half-1.60within the sector's middle half▲ 1.130.18below the sector's middle half▼ 1.420.82below the sector's middle half▲ 0.64
Return on assets (ROA)-75.0%below the sector's middle half--19.1%below the sector's middle half▲ 55.9pp-26.7%below the sector's middle half▼ 7.6pp36.3%above the sector's middle half▲ 63.0pp
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €17,626
Fixed assets €2,376 ▼ 17.1%
Current assets €15,250 ▲ 578%
Equity and liabilities
Equity-€991
Debt€18,617
Equity is negative: debt (€18,617) exceeds the balance-sheet total (€17,626).
Key figures and ratios
2025 value · change against 2024
EBITDA
€8,122▲
2024 · -€53
Cash flow
€7,983▲
2024 · -€95
Quick ratio
0.76▲
2024 · 0.09
Interest coverage
58.69▲
2024 · -1.16
Debt ≤ 1 year
€18,617▲
2024 · €12,503
Equity ratios withheld: equity of -€991 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,180 companies that looked in July 2024 the way this one looks now, 4.8% went bankrupt within 24 months and 88.8% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a profit of 5% of the balance sheet or more
4.8% went bankrupt
5.8% stopped otherwise
88.8% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.8% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,180 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines

Source: Annual accounts 2025 at the NBB, filed with the National Bank on 12-10-2026.

Balance sheet Code20242025
Assets
Total assets20/58€5,118€17,626▲
Fixed assets21/28€2,867€2,376▼
Tangible fixed assets22/27€2,867€2,376▼
Furniture and vehicles24€2,867€2,376▼
Current assets29/58€2,251€15,250▲
Stocks and contracts in progress3€1,173€1,173=
Stocks30/36€1,173€1,173=
Amounts receivable within one year40/41€1,075€918▼
Trade receivables40-€586
Other amounts receivable41€1,075€332▼
Cash at bank and in hand54/58€3€13,159▲
Equity and liabilities
Total equity and liabilities10/49€5,118€17,626▲
Equity10/15-€7,385-€991▲
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14-€9,385-€2,991▲
Amounts payable17/49€12,503€18,617▲
Amounts payable within one year42/48€12,503€18,617▲
Trade debts44€268€941▲
Suppliers440/4€268€941▲
Taxes, remuneration and social security45€37€326▲
Taxes450/3€37€326▲
Other amounts payable47/48€12,198€17,350▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,272€1,589▲
Other operating charges640/8€407€626▲
Gross operating margin9900€354€8,747▲
Operating profit (loss)9901-€1,325€6,532▲
Financial income75/76B€3€0▼
Recurring financial income75€3€0▼
Financial charges65/66B€46€138▲
Recurring financial charges65€46€138▲
Profit (loss) for the period before taxes9903-€1,368€6,394▲
Profit (loss) for the period9904-€1,368€6,394▲
Profit (loss) for the period to be appropriated9905-€1,368€6,394▲
Appropriation of the result
Profit (loss) to be appropriated9906-€9,385-€2,991▲
Profit (loss) brought forward from the previous period14P-€8,018-€9,385▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the accounts filed with the National Bank.

Line2022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,470€767€1,272€1,589▲ 24.9%
Other operating charges640/8€102-€407€626▲ 53.8%
Gross operating margin9900-€2,102-€3,428€354€8,747▲ 25×
Operating profit (loss)9901-€3,675-€4,195-€1,325€6,532-
Financial income75/76B€0-€3€0▼ 98.3%
Recurring financial income75€0-€3€0▼ 98.3%
Financial charges65/66B€84€64€46€138▲ 203%
Recurring financial charges65€84€64€46€138▲ 203%
Profit (loss) for the period before taxes9903-€3,759-€4,259-€1,368€6,394-
Profit (loss) for the period9904-€3,759-€4,259-€1,368€6,394-
Profit (loss) for the period to be appropriated9905-€3,759-€4,259-€1,368€6,394-
Line2022202320242025Change
Assets
Total assets20/58€5,009€22,303€5,118€17,626▲ 244%
Fixed assets21/28€1,829€2,772€2,867€2,376▼ 17.1%
Tangible fixed assets22/27€1,829€2,772€2,867€2,376▼ 17.1%
Furniture and vehicles24€1,829€2,772€2,867€2,376▼ 17.1%
Current assets29/58€3,181€19,532€2,251€15,250▲ 578%
Stocks and contracts in progress3€2,331€2,384€1,173€1,173=
Stocks30/36€2,331€2,384€1,173€1,173=
Amounts receivable within one year40/41€292€17,054€1,075€918▼ 14.6%
Trade receivables40-€17,054-€586-
Other amounts receivable41€292-€1,075€332▼ 69.2%
Cash at bank and in hand54/58€557€94€3€13,159▲ 4,751×
Equity and liabilities
Total equity and liabilities10/49€5,009€22,303€5,118€17,626▲ 244%
Equity10/15-€1,759-€6,018-€7,385-€991▲ 86.6%
Contributions10/11€2,000€2,000€2,000€2,000=
Profit (loss) carried forward14-€3,759-€8,018-€9,385-€2,991▲ 68.1%
Amounts payable17/49€6,768€28,321€12,503€18,617▲ 48.9%
Amounts payable within one year42/48€6,768€12,232€12,503€18,617▲ 48.9%
Trade debts44€585€585€268€941▲ 251%
Suppliers440/4€585€585€268€941▲ 251%
Taxes, remuneration and social security45-€630€37€326▲ 769%
Taxes450/3-€630€37€326▲ 769%
Other amounts payable47/48€6,182€11,017€12,198€17,350▲ 42.2%
Accrued charges and deferred income492/3-€16,089---
Line2022202320242025Change
Profit (loss) for the period9904-€3,759-€4,259-€1,368€6,394-
+ Depreciation and write-downs630€1,470€767€1,272€1,589▲ 24.9%
Operating cash flow (approximation)-€2,288-€3,492-€95€7,983-
Investment in fixed assets (approximation)--€1,710-€1,368-€1,098▲ 19.7%
Change in cash--€463-€91€13,156-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (4)
Financial year Type Filed Reference Document
31-12-2025 micro format 12-10-2026 2026-00554489 NBB
31-12-2024 micro format 06-08-2025 2025-00369945 PDF
31-12-2023 micro format 29-08-2024 2024-00438199 PDF
31-12-2022 micro format 31-08-2023 2023-00429997 PDF

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 22,640 active companies whose main activity is general electrical installation work (NACE 43211), figures are known for 10,554. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.