Selecta
ActiveSummary
Selecta has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €540,086 and a net result of €98,071. Equity is growing by about 19% per year across the filed financial years. Its solvency ranks better than 52% of 1,368 sector peers (NACE 96, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
- Staff
- 17.2 FTE
- Equity
- €540,086
- Profit
- €98,071
Why 90raises riskLast filed accounts filed 31 days late; 1 of the last 3 latelowers riskFounded in 1968Profit of €98,071 (financial year 2025)Liquidity: current ratio 1.53, cash €222,452Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 96, small): better than 46% on solvency, 36% on liquidity, 69% on profitability and 78% on growth.
The bankruptcy probability was computed on 29-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 7 days after the deadline; the sector median (NACE 96) for financial year 2024 is on the deadline day, and 48% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Equity above €500,000equity €540,086 ▲19.2%
- Annual accounts filedfinancial year 2024 · full…
Financials · financial year 2025, abbreviated format
2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00488387.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result recovers in 2025; 2025 is 14% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 96, Personal service 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), Staff (FTE).
Peer companies
Historical observationOf the 20,136 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95.0% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 0.2% 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%.
| 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 20,136 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | €1.4m | - | - | - | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €0.2m | €0.4m | €0.6m | €0.6m | €0.7m | ▲ 5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.3m | €0.3m | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | €0.3m | ▲ 10.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €0.03m | €0.009m | €0 | €0.04m | - |
| Other operating charges640/8 | - | - | - | €0.07m | €0.04m | €0.03m | €0.03m | €0.007m | ▼ 73.7% |
| Gross operating margin9900 | €0.6m | €0.8m | €0.1m | €0.4m | €0.9m | €1.0m | €1.0m | €1.1m | ▲ 9.9% |
| Operating profit (loss)9901 | €0.06m | €0.2m | -€0.3m | -€0.1m | €0.2m | €0.2m | €0.1m | €0.1m | ▲ 13.8% |
| Financial income75/76B | - | - | - | €0.01m | €0.006m | €0.001m | €0.001m | €0.01m | ▲ 923% |
| Recurring financial income75 | €0.001m | €0.01m | €0.005m | €0.01m | €0.006m | €0.001m | €0.001m | €0.01m | ▲ 923% |
| Financial charges65/66B | - | - | - | €0.01m | €0.02m | €0.02m | €0.03m | €0.03m | ▼ 2.1% |
| Recurring financial charges65 | €0.01m | €0.01m | €0.01m | €0.01m | €0.02m | €0.02m | €0.03m | €0.03m | ▼ 2.1% |
| Profit (loss) for the period before taxes9903 | €0.07m | €0.2m | -€0.3m | -€0.1m | €0.2m | €0.2m | €0.07m | €0.1m | ▲ 36.6% |
| Income taxes67/77 | €0.02m | €0.05m | €0 | €0.001m | €0.01m | €0 | - | - | - |
| Profit (loss) for the period9904 | €0.05m | €0.1m | -€0.3m | -€0.1m | €0.2m | €0.2m | €0.07m | €0.1m | ▲ 36.6% |
| Profit (loss) for the period to be appropriated9905 | €0.05m | €0.1m | -€0.3m | -€0.1m | €0.2m | €0.2m | €0.07m | €0.1m | ▲ 36.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.1m | €1.1m | €0.6m | €0.8m | €1.1m | €1.5m | €1.5m | €1.7m | ▲ 10.3% |
| Fixed assets21/28 | €0.5m | €0.4m | €0.3m | €0.3m | €0.5m | €0.7m | €0.7m | €0.7m | ▲ 2.7% |
| Intangible fixed assets21 | - | - | - | €0.04m | €0.09m | €0.2m | €0.1m | €0.07m | ▼ 34.7% |
| Tangible fixed assets22/27 | €0.5m | €0.4m | €0.3m | €0.3m | €0.4m | €0.6m | €0.6m | €0.6m | ▲ 9.4% |
| Plant, machinery and equipment23 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 87.6% |
| Furniture and vehicles24 | - | - | - | €0.09m | €0.2m | €0.4m | €0.4m | €0.4m | ▼ 9.0% |
| Leasing and similar rights25 | - | - | - | €0.02m | €0.05m | €0.04m | €0.03m | €0.02m | ▼ 41.1% |
| Assets under construction and advance payments27 | - | - | - | €0.02m | €0 | - | - | - | - |
| Financial fixed assets28 | - | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Current assets29/58 | €0.6m | €0.6m | €0.3m | €0.5m | €0.6m | €0.8m | €0.8m | €0.9m | ▲ 16.7% |
| Stocks and contracts in progress3 | €0.02m | €0.02m | €0.02m | €0.03m | €0.03m | €0.04m | €0.03m | €0.04m | ▲ 20.1% |
| Stocks30/36 | - | - | - | €0.03m | €0.03m | €0.04m | €0.03m | €0.04m | ▲ 20.1% |
| Amounts receivable within one year40/41 | €0.4m | €0.4m | €0.2m | €0.3m | €0.4m | €0.6m | €0.6m | €0.7m | ▲ 4.3% |
| Trade receivables40 | - | - | - | €0.3m | €0.4m | €0.5m | €0.6m | €0.6m | ▲ 3.6% |
| Other amounts receivable41 | - | - | - | €0.01m | €0.001m | €0.02m | €0.02m | €0.02m | ▲ 30.3% |
| Cash at bank and in hand54/58 | €0.2m | €0.2m | €0.1m | €0.2m | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 67.0% |
| Deferred charges and accrued income490/1 | - | - | - | €0.01m | €0.01m | €0.02m | €0.01m | €0.02m | ▲ 113% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.1m | €1.1m | €0.6m | €0.8m | €1.1m | €1.5m | €1.5m | €1.7m | ▲ 10.3% |
| Equity10/15 | €0.3m | €0.4m | €0.1m | €0.03m | €0.2m | €0.4m | €0.5m | €0.5m | ▲ 19.2% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | €0.4m | €0.5m | ▲ 23.7% |
| Non-distributable reserves130/1 | - | - | - | €0.004m | €0.004m | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.004m | €0.004m | €0 | - | - | - |
| Distributable reserves133 | - | - | - | €0.2m | €0.2m | €0.3m | €0.4m | €0.5m | ▲ 23.7% |
| Profit (loss) carried forward14 | €0.1m | €0.2m | -€0.08m | -€0.2m | €0.004m | €0 | - | - | - |
| Investment grants15 | - | - | - | €0.003m | €0 | €0.02m | €0.02m | €0.004m | ▼ 73.1% |
| Amounts payable17/49 | €0.7m | €0.6m | €0.5m | €0.8m | €0.9m | €1.1m | €1.1m | €1.1m | ▲ 6.4% |
| Amounts payable after more than one year17 | €0.4m | €0.3m | €0.3m | €0.4m | €0.4m | €0.3m | €0.5m | €0.5m | ▲ 6.3% |
| Financial debts170/4 | - | - | - | €0.4m | €0.2m | €0.2m | €0.3m | €0.4m | ▲ 9.0% |
| Other amounts payable178/9 | - | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Amounts payable within one year42/48 | €0.3m | €0.3m | €0.2m | €0.4m | €0.4m | €0.8m | €0.6m | €0.6m | ▲ 6.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.09m | €0.1m | €0.1m | €0.2m | €0.2m | ▲ 17.1% |
| Financial debts43 | - | - | - | €0.1m | €0.2m | €0.2m | €0.02m | €0.03m | ▲ 12.3% |
| Credit institutions430/8 | - | - | - | - | €0.2m | €0.2m | €0.02m | €0.03m | ▲ 12.3% |
| Other loans439 | - | - | - | €0.1m | - | - | - | - | - |
| Trade debts44 | €0.07m | €0.1m | €0.03m | €0.1m | €0.09m | €0.4m | €0.1m | €0.07m | ▼ 32.8% |
| Suppliers440/4 | - | - | - | €0.1m | €0.09m | €0.4m | €0.1m | €0.07m | ▼ 32.8% |
| Taxes, remuneration and social security45 | - | - | - | €0.03m | €0.06m | €0.07m | €0.09m | €0.1m | ▲ 13.5% |
| Taxes450/3 | - | - | - | €0.003m | €0.01m | €0.003m | €0.01m | €0.02m | ▲ 50.5% |
| Remuneration and social security454/9 | - | - | - | €0.03m | €0.05m | €0.07m | €0.08m | €0.08m | ▲ 7.1% |
| Other amounts payable47/48 | - | - | - | - | €0.003m | €0.04m | €0.2m | €0.2m | ▲ 13.5% |
| Accrued charges and deferred income492/3 | - | - | - | €0.05m | €0.05m | €0.007m | €0 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €52,406 | €113,012 | -€294,817 | -€105,910 | €186,332 | €152,378 | €71,810 | €98,071 | ▲ 36.6% |
| + Depreciation and write-downs630 | €269,153 | €270,887 | €220,424 | €173,920 | €169,438 | €179,657 | €272,260 | €300,323 | ▲ 10.3% |
| Operating cash flow (approximation) | €321,560 | €383,900 | -€74,393 | €68,010 | €355,770 | €332,035 | €344,070 | €398,393 | ▲ 15.8% |
| Investment in fixed assets (approximation) | - | -€247,587 | -€45,885 | -€212,995 | -€357,732 | -€419,576 | -€230,244 | -€318,637 | ▼ 38.4% |
| Change in cash | - | €56,651 | -€100,070 | €71,842 | -€100,377 | €19,506 | -€4,922 | €89,233 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 48 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-08-2026 | 2026-00488387 |
| 31-12-2024 | full format | 29-08-2025 | 2025-00440453 |
| 31-12-2023 | full format | 27-05-2024 | 2024-00096197 |
| 31-12-2022 | full format | 22-06-2023 | 2023-00146665 |
| 31-12-2021 | full format | 29-08-2022 | 2022-20335660 |
| 31-12-2020 | full format | 31-08-2021 | 2021-60200430 |
| 31-12-2019 | full format | 04-09-2020 | 2020-51000397 |
| 31-12-2018 | full format | 29-07-2019 | 2019-39500177 |
| 31-12-2017 | full format | 30-07-2018 | 2018-41300548 |
| 31-12-2016 | full format | 25-07-2017 | 2017-36100093 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| VANNESTE Thomas Ghislain |
|
Owners and capital
Capital and shareholders
- VANNESTE Thomas Ghislain 500 shares
- VANNESTE Vincent Robert 500 shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 17-10-2023 Converted to unavailable equity · €29,251
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
17-10
Gazette deed
Legal-form change · Resignations & appointmentsResignation: VANNESTE Thomas Ghislain (manager) · Reappointment: VANNESTE Thomas Ghislain (director) · Incorporation24 facts ▸
- General meeting, 28-09-2023
- Incorporation, 12-03-1949
- Other provision, “adresse actuelle” (deed in French)
- Other provision, “bureau”, 16:35 (deed in French)
- Shareholding, “parts sociales (actions)”, 500 (deed in French) (2 times)
- Capital (2 times)
- Other provision, “ordre du jour item 1, adapter les statuts aux dispositions du Code des sociétés et des associations” (deed in French)
- Other provision, “ordre du jour item 2, supprimer le compte de capitaux propres statutairement indisponible et le mettre à disposition pour des distributions futures” (deed in French)
- Other provision, “ordre du jour item 3, délégation à l’organe d’administration du pouvoir de procéder à des distributions” (deed in French)
- Other provision, “ordre du jour item 4, adoption de nouveaux statuts sans modification de l’objet” (deed in French)
- Other provision, “ordre du jour item 5, démission et renouvellement du gérant comme administrateur” (deed in French)
- Other provision, “ordre du jour item 6, adresse du siège” (deed in French)
- +12 further facts in this act
Show earlier events
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
2 establishment units
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 53019A0025/00R002 | Wallonia | 4,832 m² | 1 · 1,407 m² | 8.7 m · 3 |
| 11015A0082/00B002 | Flanders | 1,690 m² | 1 · 199 m² | 12.9 m · 1 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “L’exploitation d'un lavoir ainsi que toutes opérations industrielles,commerciales et financières,mobilières et immobilières,pouvant se…” (deed in French)
2 activities (deed in French)
- L’exploitation d'un lavoir ainsi que toutes opérations industrielles,commerciales et financières,mobilières et immobilières,pouvant se rattacher directement ou indirectement à l'objet social ou pouvant en faciliter l’extension ou le développement
- S'intéresser par voie d’apport ou fusion,de souscription ou de toute autre manière,dans toutes autres entreprises,associations ou sociétés ayant un objet similaire,analogue ou connexe ou de nature à favoriser celui de la société
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- SELECTA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, Article 2” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 11. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation, un ou plusieurs administrateurs” (deed in French)
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, registre des actions nominatives” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Toutes cessions entre vifs à titre onéreux ou gratuit,volontaires ou forcées,exclusion et retrait,usufruit,nue-propriété ou pleine…” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Actions nouvelles à souscrire en numéraire, débiteur-gagiste” (deed in French)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Formes prévues pour modifications aux statuts, dissolution à tout temps” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Si aucun autre liquidateur désigné, désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments” (deed in French)