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SELECTA

Active
Public limited companyfounded 1996active for 29 yearsIndustrieweg 10a, 2850 Boom, BelgiumKBO/BCE: BE 0459.399.027
Summary

SELECTA has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€34,339) and a net result of -€766. Equity remains stable across the filed financial years (±0.5% per year). The computed 12-month bankruptcy probability is 0.6% (low).

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (33 days) Filed on 2 June 2026, deadline 30 April 2026 (7 months after the close on 30 September 2025, Companies Code art. 3:10). Source: NBB, 2026-00130919.

Equity
-€34,339▼ 2.3%
2024 · -€33,573
Total assets
€8,419▲ 25.2%
2024 · €6,727
Net result
-€766▲ 0.9%
2024 · -€773
Working capital
-€34,339▼ 2.3%
2024 · -€33,573
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The net result stays negative: a loss of €766 in 2025 against €773 in 2024; the loss shrinks.

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

Net result-€766 2025

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

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€11,252-
Net result€11,252--€773-€766▲ 0.9%
Equity-€32,801--€32,801=-€32,801=-€32,801=-€32,801=-€33,573▼ 2.4%-€34,339▼ 2.3%
Total assets€80,134-€9,461▼ 88.2%€27,210▲ 188%€9,461▼ 65.2%€135,657▲ 1,334%€6,727▼ 95.0%€8,419▲ 25.2%
Debt€112,935-€42,262▼ 62.6%€60,010▲ 42.0%€42,262▼ 29.6%€168,458▲ 299%€40,300▼ 76.1%€42,758▲ 6.1%
Working capital-€32,801--€32,801=-€32,801=-€32,801=-€32,801=-€33,573▼ 2.4%-€34,339▼ 2.3%
Turnover and EBIT margin not published: the abbreviated format does not require them.
Key figures and ratios
2025 value · change against 2024
Solvency
-407.9%▲
2024 · -499.1%
Current ratio
0.20▲
2024 · 0.17
ROA
-9.1%▲
2024 · -11.5%
Debt ≤ 1 year
€42,758▲
2024 · €40,300
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,796 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 90.3% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a small loss
2.1% went bankrupt
6.0% stopped otherwise
90.3% still going

A further 1.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,473 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% 1.0%
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 2,796 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 · 23 lines
Balance sheet Code20242025
Assets
Total assets20/58€0.007m€0.008m▲
Current assets29/58€0.007m€0.008m▲
Amounts receivable within one year40/41€0.003m€0.003m=
Trade receivables40€0.003m€0.003m=
Cash at bank and in hand54/58€0.004m€0.005m▲
Equity and liabilities
Total equity and liabilities10/49€0.007m€0.008m▲
Equity10/15-€0.03m-€0.03m▼
Contributions10/11€2.6m€2.6m=
Capital10€2.6m€2.6m=
Issued capital100€2.6m€2.6m=
Profit (loss) carried forward14-€2.6m-€2.6m=
Amounts payable17/49€0.04m€0.04m▲
Amounts payable within one year42/48€0.04m€0.04m▲
Trade debts44€0.02m€0.02m▼
Suppliers440/4€0.02m€0.02m▼
Other amounts payable47/48€0.02m€0.03m▲
Income statement Code20242025
Financial charges65/66B€0.001m€0.001m▼
Recurring financial charges65€0.001m€0.001m▼
Profit (loss) for the period before taxes9903-€0.001m-€0.001m▲
Profit (loss) for the period9904-€0.001m-€0.001m▲
Profit (loss) for the period to be appropriated9905-€0.001m-€0.001m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€2.6m-€2.6m=
Profit (loss) brought forward from the previous period14P-€2.6m-€2.6m=
Line2019202020212022202320242025Change
Operating profit (loss)9901€11,252-------
Financial charges65/66B-----€773€766▼ 0.9%
Recurring financial charges65-----€773€766▼ 0.9%
Profit (loss) for the period before taxes9903€11,252-----€773-€766▲ 0.9%
Profit (loss) for the period9904€11,252-----€773-€766▲ 0.9%
Profit (loss) for the period to be appropriated9905€11,252-----€773-€766▲ 0.9%
Line2019202020212022202320242025Change
Assets
Total assets20/58€0.08m€0.009m€0.03m€0.009m€0.1m€0.007m€0.008m▲ 25.2%
Current assets29/58€0.08m€0.009m€0.03m€0.009m€0.1m€0.007m€0.008m▲ 25.2%
Amounts receivable within one year40/41€0.03m€0.004m-€0.004m€0.003m€0.003m€0.003m=
Trade receivables40---€0.004m€0.003m€0.003m€0.003m=
Cash at bank and in hand54/58€0.05m€0.006m€0.03m€0.006m€0.1m€0.004m€0.005m▲ 47.8%
Equity and liabilities
Total equity and liabilities10/49€0.08m€0.009m€0.03m€0.009m€0.1m€0.007m€0.008m▲ 25.2%
Equity10/15-€0.03m-€0.03m-€0.03m-€0.03m-€0.03m-€0.03m-€0.03m▼ 2.3%
Contributions10/11€2.6m€2.6m€2.6m€2.6m€2.6m€2.6m€2.6m=
Capital10--€2.6m€2.6m€2.6m€2.6m€2.6m=
Issued capital100--€2.6m€2.6m€2.6m€2.6m€2.6m=
Profit (loss) carried forward14-€2.6m-€2.6m-€2.6m-€2.6m-€2.6m-€2.6m-€2.6m=
Amounts payable17/49€0.1m€0.04m€0.06m€0.04m€0.2m€0.04m€0.04m▲ 6.1%
Amounts payable within one year42/48€0.1m€0.04m€0.06m€0.04m€0.2m€0.04m€0.04m▲ 6.1%
Trade debts44€0.1m€0.04m€0.06m€0.04m€0.2m€0.02m€0.02m▼ 1.1%
Suppliers440/4--€0.06m€0.04m€0.2m€0.02m€0.02m▼ 1.1%
Other amounts payable47/48-----€0.02m€0.03m▲ 11.6%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€11,252-----€773-€766▲ 0.9%
Operating cash flow (approximation)€11,252-----€773-€766▲ 0.9%
Change in cash--€42,497€21,461-€21,461€126,726-€128,930€1,692-

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

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Latest 10 of 29 filings with the National Bank
Financial year Type Filed Reference
30-09-2025 abbreviated format 02-06-2026 2026-00130919
30-09-2024 abbreviated format 25-06-2025 2025-00173151
30-09-2023 abbreviated format 30-04-2024 2024-00074498
30-09-2022 abbreviated format 28-04-2023 2023-00069815
30-09-2021 abbreviated format 02-05-2022 2022-20020790
30-09-2020 abbreviated format 03-09-2021 2021-65500266
30-09-2019 abbreviated format 28-06-2021 2021-25500590
30-09-2018 abbreviated format 28-06-2021 2021-25500586
30-09-2018 full format 30-01-2020 2020-03300417
30-09-2017 full format 14-03-2018 2018-07000091

Show all 29 filings

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