SELECTA CONSTRUCT
Open bankruptcyFinancials · fiscal year 2022, micro schema
Equity
€279,590▲ 77.4%
2021 · €157,594
Total assets
€1.4m▲ 70.9%
2021 · €833,976
Net result
€121,996▲ 72.9%
2021 · €70,539
Working capital
€248,049▲ 57.4%
2021 · €157,594
Trend over the years
2018 to 2022, 5 fiscal years 2018 to 2022, 5 fiscal years
After the dip in 2020 the operating result has climbed two years in a row; 2022 is 58% above 2021 and is the highest result in the available series.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
Operating result€0.2m
2022
Net result€0.1m
2022
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.4m
2022
Equity€0.3m
2022
Debt€1.1m
2022
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.2m
2022
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)8.6%
2022
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency19.6%
2022
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.22
2022
Average staff in full-time equivalents (FTE).
Staff (FTE)4.2
2022
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Operating result€0.03m-€0.03m▼ 23.7%€0.003m▼ 88.2%€0.1m▲ 3,112%€0.2m▲ 57.8%
Net result€0.03m-€0.02m▼ 25.2%-€0.001mbelow the sector's middle half€0.07mabove the sector's middle half€0.1mabove the sector's middle half▲ 72.9%
Equity€0.07m-€0.09m▲ 27.9%€0.09mwithin the sector's middle half▼ 0.6%€0.2mabove the sector's middle half▲ 81.0%€0.3mabove the sector's middle half▲ 77.4%
Total assets€0.3m-€0.5m▲ 52.6%€0.5mabove the sector's middle half▲ 5.2%€0.8mabove the sector's middle half▲ 53.8%€1.4mabove the sector's middle half▲ 70.9%
Debt€0.3m-€0.4m▲ 58.9%€0.5m▲ 6.4%€0.7m▲ 48.6%€1.1m▲ 69.4%
Working capital€0.07m-€0.09m▲ 27.9%€0.09mabove the sector's middle half▼ 0.6%€0.2mabove the sector's middle half▲ 81.0%€0.2mabove the sector's middle half▲ 57.4%
Solvency20.3%-17.0%▼ 3.3pp16.1%within the sector's middle half▼ 0.9pp18.9%within the sector's middle half▲ 2.8pp19.6%within the sector's middle half▲ 0.7pp
Current ratio1.25-1.20▼ 0.051.19within the sector's middle half▼ 0.011.23within the sector's middle half▲ 0.041.22within the sector's middle half▼ 0.02
Return on assets (ROA)7.6%-3.7%▼ 3.9pp-0.1%within the sector's middle half▼ 3.8pp8.5%within the sector's middle half▲ 8.6pp8.6%within the sector's middle half▲ 0.1pp
Staff (FTE)0.4-1.6▲ 300%1.9within the sector's middle half▲ 18.8%3.4▲ 78.9%4.2▲ 23.5%
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €1.4m
Fixed assets
€31,541
Current assets
€1.4m
Equity and liabilities €1.4m
Equity
€279,590 ▲ 77.4%
Debt
€1.1m ▲ 69.4%
Debt's share of the balance-sheet total falls from 81.1% to 80.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€163,109
Cash flow
€127,453
Debt to equity
4.10▼
2021 · 4.29
ROE
43.6%▼
2021 · 44.8%
Interest coverage
33.91
Debt ≤ 1 year
€1.1m▲
2021 · €676,381
Income taxes
€40,803▲
2021 · €31,748
Staff costs
€83,618▲
2021 · €52,292
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €52,292 | €83,618 | ▲ 59.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | €5,457 | - |
| Other operating charges640/8 | - | - | - | €11,468 | €8,319 | ▼ 27.5% |
| Gross operating margin9900 | €55,634 | €65,438 | €52,711 | €163,635 | €255,047 | ▲ 55.9% |
| Operating profit (loss)9901 | €34,607 | €26,410 | €3,109 | €99,875 | €157,652 | ▲ 57.8% |
| Financial income75/76B | - | - | - | €6,654 | €9,956 | ▲ 49.6% |
| Recurring financial income75 | €560 | €3,778 | - | €6,654 | €9,956 | ▲ 49.6% |
| Financial charges65/66B | - | - | - | €4,242 | €4,810 | ▲ 13.4% |
| Recurring financial charges65 | €122 | €276 | €2,046 | €4,242 | €4,810 | ▲ 13.4% |
| Profit (loss) for the period before taxes9903 | €35,046 | €29,911 | €1,063 | €102,287 | €162,799 | ▲ 59.2% |
| Income taxes67/77 | €9,500 | €10,808 | €1,603 | €31,748 | €40,803 | ▲ 28.5% |
| Profit (loss) for the period9904 | €25,546 | €19,103 | -€540 | €70,539 | €121,996 | ▲ 72.9% |
| Profit (loss) for the period to be appropriated9905 | €25,546 | €19,103 | -€540 | €70,539 | €121,996 | ▲ 72.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €0.3m | €0.5m | €0.5m | €0.8m | €1.4m | ▲ 70.9% |
| Fixed assets21/28 | - | - | - | - | €0.03m | - |
| Tangible fixed assets22/27 | - | - | - | - | €0.03m | - |
| Plant, machinery and equipment23 | - | - | - | - | €0.03m | - |
| Current assets29/58 | €0.3m | €0.5m | €0.5m | €0.8m | €1.4m | ▲ 67.2% |
| Amounts receivable within one year40/41 | €0.2m | €0.5m | €0.5m | €0.8m | €1.4m | ▲ 67.9% |
| Trade receivables40 | - | - | - | €0.7m | €1.2m | ▲ 75.9% |
| Other amounts receivable41 | - | - | - | €0.1m | €0.2m | ▲ 27.1% |
| Cash at bank and in hand54/58 | €0.1m | €0.009m | €0.02m | €0.02m | €0.03m | ▲ 38.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €0.3m | €0.5m | €0.5m | €0.8m | €1.4m | ▲ 70.9% |
| Equity10/15 | €0.07m | €0.09m | €0.09m | €0.2m | €0.3m | ▲ 77.4% |
| Contributions10/11 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Capital10 | - | - | - | €0.02m | €0.02m | = |
| Issued capital100 | - | - | - | €0.02m | €0.02m | = |
| Reserves13 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | = |
| Legal reserve130 | - | - | - | €0.002m | €0.002m | = |
| Distributable reserves133 | - | - | - | €0.02m | €0.02m | = |
| Profit (loss) carried forward14 | €0.03m | €0.05m | €0.05m | €0.1m | €0.2m | ▲ 100% |
| Amounts payable17/49 | €0.3m | €0.4m | €0.5m | €0.7m | €1.1m | ▲ 69.4% |
| Amounts payable within one year42/48 | €0.3m | €0.4m | €0.5m | €0.7m | €1.1m | ▲ 69.4% |
| Trade debts44 | €0.2m | €0.3m | €0.5m | €0.6m | €1.0m | ▲ 61.6% |
| Suppliers440/4 | - | - | - | €0.6m | €1.0m | ▲ 61.6% |
| Taxes, remuneration and social security45 | - | - | - | €0.04m | €0.1m | ▲ 193% |
| Taxes450/3 | - | - | - | €0.03m | €0.08m | ▲ 149% |
| Remuneration and social security454/9 | - | - | - | €0.009m | €0.04m | ▲ 352% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €25,546 | €19,103 | -€540 | €70,539 | €121,996 | ▲ 72.9% |
| + Depreciation and write-downs630 | - | - | - | - | €5,457 | - |
| Operating cash flow (approximation) | €25,546 | €19,103 | -€540 | €70,539 | €127,453 | ▲ 80.7% |
| Change in cash | - | -€126,722 | €15,471 | -€3,338 | €8,043 | ▲ 341% |
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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Of 29,786 companies in this sector we hold annual accounts for 16,391. 11,390 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector