SELECTION MEUBLES
ActiveSummary
SELECTION MEUBLES has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €4.7m and a net result of -€139,829. Equity remains stable across the filed fiscal years (±0.1% per year). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability66=
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €350,000 at 30 days acceptable
Liquidity ample (current ratio 3.15 against 3.02 in 2023; short-term debt: 18.6% and cash: 11.8% of total assets), and 18.9% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 31
Relative position
BE, all sectors
reference
Manufacture of furniture (NACE 31)
about 43% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-06-2026, 39 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
39 d early
2024
55 d early
2023
51 d early
2022
59 d early
2021
40 d early
2020
20 d late
2019
104 d late
← 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 17 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 11 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, full schema, 2025 accounts filed, figures not processed yet
In the rankings
#1 company by total assets in Hainaut, Furniture sector#1 company by equity in Hainaut, Furniture sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€139,829▼ 5.1%
2023 · -€133,003
Working capital
€2.3m▲ 4.1%
2023 · €2.2m
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at 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 31, Manufacture of furniture, 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
Line20202021202220232024
Operating result€14,357▼ 38.9%€86,978▲ 506%€33,085▼ 62.0%-€222,116-€229,805▼ 3.5%
Net result€117,304within the sector's middle half▲ 438%€238,023within the sector's middle half▲ 103%€28,423within the sector's middle half▼ 88.1%-€133,003below the sector's middle half-€139,829below the sector's middle half▼ 5.1%
Equity€4.9mabove the sector's middle half▲ 0.4%€5.0mabove the sector's middle half▲ 0.8%€5.0mabove the sector's middle half▲ 0.6%€4.9mabove the sector's middle half▼ 2.6%€4.7mabove the sector's middle half▼ 3.3%
Total assets€5.3mwithin the sector's middle half▲ 0.1%€5.0mwithin the sector's middle half▼ 4.9%€5.0mwithin the sector's middle half▲ 0.2%€6.0mwithin the sector's middle half▲ 19.0%€5.8mwithin the sector's middle half▼ 3.1%
Debt€289,911▼ 3.5%€48,415▼ 83.3%€28,162▼ 41.8%€1.1m▲ 3,878%€1.1m▼ 2.1%
Working capital€332,214within the sector's middle half▲ 36.3%€384,407within the sector's middle half▲ 15.7%€480,080within the sector's middle half▲ 24.9%€2.2mabove the sector's middle half▲ 365%€2.3mwithin the sector's middle half▲ 4.1%
Solvency93.4%above the sector's middle half▲ 0.2pp98.9%above the sector's middle half▲ 5.6pp99.3%above the sector's middle half▲ 0.4pp81.2%above the sector's middle half▼ 18.1pp81.1%above the sector's middle half▼ 0.2pp
Current ratio2.15within the sector's middle half▲ 0.338.94above the sector's middle half▲ 6.7918.05above the sector's middle half▲ 9.113.02above the sector's middle half▼ 15.033.15above the sector's middle half▲ 0.13
Return on assets (ROA)2.2%within the sector's middle half▲ 1.8pp4.7%within the sector's middle half▲ 2.5pp0.6%within the sector's middle half▼ 4.2pp-2.2%within the sector's middle half▼ 2.8pp-2.4%within the sector's middle half▼ 0.2pp
Staff (FTE)19.3within the sector's middle half17.9within the sector's middle half▼ 7.3%
above
within
below
the middle half (P25 to P75) of NACE 31, Manufacture of furniture, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €229,805 in 2024 against €222,116 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.8m
Fixed assets
€2.4m ▼ 9.5%
Current assets
€3.4m ▲ 2.0%
Equity and liabilities €5.8m
Equity
€4.7m ▼ 3.3%
Provisions
€4,223 ▼ 7.7%
Debt
€1.1m ▼ 2.1%
Debt's share of the balance-sheet total rises from 18.7% to 18.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€90,713▼
2023 · €91,792
Cash flow
€180,690▼
2023 · €180,905
Quick ratio
1.20▼
2023 · 1.32
Debt to equity
0.23▲
2023 · 0.23
ROE
-3.0%▼
2023 · -2.7%
Interest coverage
8.98▲
2023 · 8.25
Debt ≤ 1 year
€1.1m▼
2023 · €1.1m
Income taxes
€751▲
2023 · €548
Staff costs
€1.0m▼
2023 · €1.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,687 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 94% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a small loss
0.6%
went bankrupt
5.4%
stopped otherwise
94%
still going
A further 0.3% 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 497,341 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% | 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% 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 2,687 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €0 | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €1.1m | €1.0m | ▼ 6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €68,538 | €69,170 | €68,690 | €313,908 | €320,518 | ▲ 2.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | -€9,748 | -€4,079 | ▲ 58.2% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | -€55,000 | €0 | - | - | - |
| Other operating charges640/8 | - | €30,359 | €25,090 | €102,697 | €95,235 | ▼ 7.3% |
| Non-recurring operating charges66A | - | - | - | €407 | €0 | ▼ 100% |
| Gross operating margin9900 | €107,257 | €131,507 | €126,865 | €1.3m | €1.2m | ▼ 5.5% |
| Operating profit (loss)9901 | €14,357 | €86,978 | €33,085 | -€222,116 | -€229,805 | ▼ 3.5% |
| Financial income75/76B | - | €200,000 | €0 | €100,789 | €100,833 | = |
| Recurring financial income75 | €100,000 | €200,000 | €0 | €100,789 | €100,833 | = |
| Financial charges65/66B | - | €135 | €86 | €11,128 | €10,105 | ▼ 9.2% |
| Recurring financial charges65 | €32 | €135 | €86 | €11,128 | €10,105 | ▼ 9.2% |
| Profit (loss) for the period before taxes9903 | €114,324 | €286,843 | €32,999 | -€132,455 | -€139,078 | ▼ 5.0% |
| Income taxes67/77 | -€2,979 | €48,821 | €4,576 | €548 | €751 | ▲ 37.1% |
| Profit (loss) for the period9904 | €117,304 | €238,023 | €28,423 | -€133,003 | -€139,829 | ▼ 5.1% |
| Transfer from tax-exempt reserves789 | - | €352 | €352 | €352 | €352 | = |
| Profit (loss) for the period to be appropriated9905 | €117,656 | €238,375 | €28,775 | -€132,651 | -€139,477 | ▼ 5.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.3m | €5.0m | €5.0m | €6.0m | €5.8m | ▼ 3.1% |
| Fixed assets21/28 | €4.7m | €4.6m | €4.5m | €2.7m | €2.4m | ▼ 9.5% |
| Intangible fixed assets21 | €32,769 | €28,088 | €23,406 | €963,971 | €853,097 | ▼ 11.5% |
| Tangible fixed assets22/27 | €1.0m | €969,802 | €905,793 | €1.7m | €1.6m | ▼ 8.4% |
| Land and buildings22 | - | €969,802 | €905,793 | €1.6m | €1.5m | ▼ 9.1% |
| Plant, machinery and equipment23 | - | - | - | €416 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | - | - | €68,124 | €74,353 | ▲ 9.1% |
| Other tangible fixed assets26 | - | €0 | - | - | - | - |
| Financial fixed assets28 | €3.6m | €3.6m | €3.6m | €591 | €534 | ▼ 9.6% |
| Current assets29/58 | €622,125 | €432,823 | €508,242 | €3.3m | €3.4m | ▲ 2.0% |
| Stocks and contracts in progress3 | - | - | - | €1.9m | €2.1m | ▲ 12.1% |
| Stocks30/36 | - | - | - | €1.9m | €2.1m | ▲ 12.1% |
| Amounts receivable within one year40/41 | €441,710 | €308,781 | €308,781 | €797,885 | €578,090 | ▼ 27.5% |
| Trade receivables40 | - | - | - | €416,736 | €190,042 | ▼ 54.4% |
| Other amounts receivable41 | - | €308,781 | €308,781 | €381,150 | €388,048 | ▲ 1.8% |
| Cash at bank and in hand54/58 | €180,415 | €124,042 | €199,461 | €628,925 | €684,850 | ▲ 8.9% |
| Deferred charges and accrued income490/1 | - | - | - | €27,152 | €31,178 | ▲ 14.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.3m | €5.0m | €5.0m | €6.0m | €5.8m | ▼ 3.1% |
| Equity10/15 | €4.9m | €5.0m | €5.0m | €4.9m | €4.7m | ▼ 3.3% |
| Contributions10/11 | €2.2m | €2.2m | €2.2m | €2.2m | €2.2m | = |
| Capital10 | - | €2.2m | €2.2m | €2.2m | €2.2m | = |
| Issued capital100 | - | €2.2m | €2.2m | €2.2m | €2.2m | = |
| Reserves13 | €599,417 | €837,792 | €866,567 | €866,567 | €844,414 | ▼ 2.6% |
| Non-distributable reserves130/1 | - | €136,323 | €136,323 | €136,323 | €136,323 | = |
| Legal reserve130 | - | €136,323 | €136,323 | €136,323 | €136,323 | = |
| Tax-exempt reserves132 | - | €29,532 | €29,532 | €29,532 | €29,532 | = |
| Distributable reserves133 | - | €671,937 | €700,712 | €700,712 | €678,559 | ▼ 3.2% |
| Profit (loss) carried forward14 | €2.2m | €2.0m | €2.0m | €1.8m | €1.7m | ▼ 7.6% |
| Provisions and deferred taxes16 | €60,631 | €5,279 | €4,927 | €4,575 | €4,223 | ▼ 7.7% |
| Provisions for liabilities and charges160/5 | - | €0 | - | - | - | - |
| Major repairs and maintenance162 | - | €0 | - | - | - | - |
| Deferred taxes168 | - | €5,279 | €4,927 | €4,575 | €4,223 | ▼ 7.7% |
| Amounts payable17/49 | €289,911 | €48,415 | €28,162 | €1.1m | €1.1m | ▼ 2.1% |
| Amounts payable within one year42/48 | €289,911 | €48,415 | €28,162 | €1.1m | €1.1m | ▼ 2.1% |
| Trade debts44 | €0 | - | - | €336,679 | €301,730 | ▼ 10.4% |
| Suppliers440/4 | - | - | - | €336,679 | €301,730 | ▼ 10.4% |
| Advances received on contracts in progress46 | - | - | - | €518,032 | €550,856 | ▲ 6.3% |
| Taxes, remuneration and social security45 | - | €48,021 | €26,328 | €248,637 | €182,810 | ▼ 26.5% |
| Taxes450/3 | - | €48,021 | €26,328 | €110,754 | €57,437 | ▼ 48.1% |
| Remuneration and social security454/9 | - | - | - | €137,883 | €125,372 | ▼ 9.1% |
| Other amounts payable47/48 | - | €394 | €1,834 | €2,074 | €46,716 | ▲ 2,152% |
| Accrued charges and deferred income492/3 | - | - | - | €15,000 | €15,000 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €117,304 | €238,023 | €28,423 | -€133,003 | -€139,829 | ▼ 5.1% |
| + Depreciation and write-downs630 | €68,538 | €69,170 | €68,690 | €313,908 | €320,518 | ▲ 2.1% |
| Operating cash flow (approximation) | €185,842 | €307,193 | €97,113 | €180,905 | €180,690 | ▼ 0.1% |
| Investment in fixed assets (approximation) | - | €0 | -€1,440 | €1.6m | -€66,910 | ▼ 104% |
| Change in cash | - | -€56,374 | €75,420 | €429,464 | €55,925 | ▼ 87.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
06-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet -€139,829
Net result drops to -€139,829, the lowest in the series.
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
02-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Liquidity doublescurrent ratio 18.05
Current ratio from 8.94 to 18.05; short-term debt falls from €48,415 to €28,162.
31-12
Financial
Equity above €5mEq €5.0m ▲0.6%
5 profitable years in a row build equity to €5.0m.
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €238,023 ▲103%
Operating result €86,978, net result €238,023, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 8.94
Current ratio from 2.15 to 8.94; short-term debt falls from €289,911 to €48,415.
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 20 days late
2020
12-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 104 days late
Show earlier events
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 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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Directors · office · real estate
Directors
No directors read yet: 0 of 11 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Mont-de-l'Enclus · 1 establishment unit since 2007
Ground area
1.0 ha
Building footprint
1.6 ha
Volume, LiDAR
84,952 m³
2 parcels, Wallonia · tallest building 12.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
COLUMA SCA
since 20072.166.341.679
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57001B0282/00G002 | Wallonia | 9,973 m² | 1 · 1.6 ha | 11.6 m · 2 fl. |
| 57001B0287/00T000 | Wallonia | 200 m² | 1 · 124 m² | 12.7 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2022 list no shareholders, and no other source names one.
Holdings 1
-
100%
According to the 2022 annual accounts of SELECTION MEUBLES and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Company details
Identification
Legal formPublic limited company
Founded02-08-2007
Fiscal year end31-12
Activities, NACEBEL 2025
31004Manufacture of dining room, living room, bedroom and bathroom furniture
47551Retail sale of household furniture
68121Development of residential building projects
47400Retail sale of information and communication equipment
Contact
Phone
069/76.84.96Mont-de-l'Enclus
Fax
069/76.97.42Mont-de-l'Enclus
E-invoicing
Reachable via Peppol
Peppol ID
0208:0891569362
Also
9925:BE0891569362
Registered
15-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.