SELECTA CONSTRUCT
Open bankruptcyAre you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- French-language Enterprise Court of Brussels
- Declared bankrupt
- 7 April 2025
- Supervising judge
- Stephane Mercier
- Official Gazette
- 11-04-2025 (pdf) ↗search the document for 2025/115636
Deadlines
- Appeal or third-party opposition until
- passed on 26 April 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 7 May 2025art. XX.104 and XX.155 CEL
- First verification report
- passed on 14 May 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 7 April 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Charles De la Vallee PoussinAvenue Louise 349, Bte 17, 1050 Ixellesc.delavallee@dlvp.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Overview
Activity
General construction of residential buildings
NACE 41001
Size
€1.4mtotal assets 2022
- Staff
- 4.2 FTE
- Equity
- €279,590
- Profit
- €121,996
Turnover not published (abridged schema)
Financial health
Open bankruptcy: no score
Structure
Accounts 798 days overdue0 of 4 deeds read
Signals- Open bankruptcy- Administrative warnings in the KBO publicationsFiled after the deadlineShow the evidence
Signals
Three signals.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 25-08-2023, 25 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 · 7 filingsDeviation from the deadline
2022
25 days late
2021
5 days early
2020
23 days late
2019
117 days late
2018
56 days late
2017
6 days early
2016
34 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 25 days after the deadline; the sector median for financial year 2022 is on the deadline day, and 48% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
- Address struckKBO administration
- OpeningTribunal de l’entreprise francophone de…
- Annual accounts filedfiscal year 2022 · micro…
Financials · 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
Directors
Directors
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CHARLES DE LA VALLEE POUSSIN Avenue Louise 349, Bte 17, 1050 Ixelles |
07-04-2025 → present |
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
2025
07-05
KBO administration
Address struck
11-04
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 07-04-2025
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
09-05
Bankruptcy
Judicial dissolution, liquidator appointed
Tribunal de l’entreprise francophone de Bruxelles · liquidator: Francoise Hanssens-Ensch · event 27-04-2023
2022
31-12
Financial
Highest result since 2018net €121,996 ▲72.9%
Operating result €157,652, net result €121,996, both a record.
31-12
Financial
Equity above €200,000Eq €279,590 ▲77.4%
2 profitable years in a row build equity to €279,590.
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €70,539
Net result €70,539 after one loss-making year.
31-12
Financial
Equity above €150,000Eq €157,594 ▲81%
Equity rises from €87,056 to €157,594.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
31-12
Financial
Weakest financial yearnet -€540
Net result drops to -€540, the lowest in the series.
25-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 117 days late
Show earlier events
2019
25-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 56 days late
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Register details
Identification
Legal formPrivate limited company (pre-2019)
Founded03-05-2016
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
E-invoicing
Reachable via Peppol
Peppol ID
0208:0653745653
Also
9925:BE0653745653
Registered
08-09-2026
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 7 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Schaarbeek
Ground area
138 m²
Building footprint
77 m²
Volume, LiDAR
935 m³
Parcel 21910E0200/00S000, Brussels · tallest building 16.6 m, ±5 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21910E0200/00S000 | Brussels | 138 m² | 1 · 77 m² | 16.6 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.