Selectrical
ActiveSummary
Selectrical has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €50,030 and a net result of €22,551. Equity has been growing by about 76% per year since 2023. Its solvency ranks better than 70% of 11,772 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 19-02-2015 Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyors NACE 71121and 3 others
- Establishment unit
- 2.239.567.276 7600 Péruwelz, since 19-02-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 28-11-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €42,544
- ▲ 29.6%
- Turnover
- ≈ €130,000
- estimated
- Profit
- €22,551
- ▲ 16.7%
- Equity
- €50,030
- ▲ 82.1%
- Total assets
- €69,484
- ▲ 71.3%
- 2025 accounts filed 28 days after the deadline
Score breakdownraises riskLast filed accounts filed 28 days late; 1 of the last 3 accounts latelowers riskSector: Architectural and engineering activities; technical testing and analysis (NACE 71)Liquidity: current ratio 2.87, cash €27,735Equity €50,030 (72.0% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 71, micro). It does better than 71% of them on solvency, 80% on liquidity, 88% on profitability and 89% on growth.
The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 3 accounts on average 23 days after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 28 days after the deadline Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00491247.
Annual accounts 2025 filed on 28-08-2026 at the NBB all 3 filings
Every figure per financial year
The operating result for 2025 is 24% higher than in 2024 and the highest since 2023. It is the second rise in a row.
The turnover shown is an estimate from the gross margin.
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | €12,475 | €7,468 | €5,296 |
| Depreciation and write-downs of the year | €851 | €3,436 | €3,685 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €851 | €3,436 | €3,685 | ▲ 7.2% |
| Other operating charges640/8 | €384 | €541 | €559 | ▲ 3.4% |
| Non-recurring operating charges66A | - | - | €2,383 | - |
| Gross operating margin9900 | €11,348 | €32,831 | €42,544 | ▲ 29.6% |
| Operating profit (loss)9901 | €10,113 | €28,854 | €35,917 | ▲ 24.5% |
| Financial income75/76B | - | €165 | - | - |
| Recurring financial income75 | - | €165 | - | - |
| Financial charges65/66B | €96 | €48 | €2,135 | ▲ 44× |
| Recurring financial charges65 | €96 | €48 | €2,135 | ▲ 44× |
| Profit (loss) for the period before taxes9903 | €10,017 | €28,971 | €33,782 | ▲ 16.6% |
| Income taxes67/77 | €2,511 | €9,654 | €11,230 | ▲ 16.3% |
| Profit (loss) for the period9904 | €7,505 | €19,316 | €22,551 | ▲ 16.7% |
| Profit (loss) for the period to be appropriated9905 | €7,505 | €19,316 | €22,551 | ▲ 16.7% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €21,704 | €40,564 | €69,484 | ▲ 71.3% |
| Fixed assets21/28 | €11,625 | €15,657 | €13,646 | ▼ 12.8% |
| Tangible fixed assets22/27 | €11,625 | €15,657 | €13,646 | ▼ 12.8% |
| Plant, machinery and equipment23 | €5,003 | €5,842 | €4,408 | ▼ 24.5% |
| Furniture and vehicles24 | €6,622 | €9,815 | €9,238 | ▼ 5.9% |
| Current assets29/58 | €10,079 | €24,907 | €55,838 | ▲ 124% |
| Amounts receivable within one year40/41 | €4,342 | €4,410 | €26,827 | ▲ 508% |
| Trade receivables40 | €3,412 | €2,132 | €24,140 | ▲ 11× |
| Other amounts receivable41 | €929 | €2,277 | €2,687 | ▲ 18.0% |
| Cash at bank and in hand54/58 | €5,737 | €19,460 | €27,735 | ▲ 42.5% |
| Deferred charges and accrued income490/1 | - | €1,038 | €1,276 | ▲ 23.0% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €21,704 | €40,564 | €69,484 | ▲ 71.3% |
| Equity10/15 | €8,163 | €27,479 | €50,030 | ▲ 82.1% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | = |
| Contributions outside capital11 | €1,000 | - | - | - |
| Other1109/19 | €1,000 | - | - | - |
| Reserves13 | €100 | €19,416 | €41,968 | ▲ 116% |
| Non-distributable reserves130/1 | €100 | - | - | - |
| Reserves not available under the articles1311 | €100 | - | - | - |
| Distributable reserves133 | - | €19,416 | €41,968 | ▲ 116% |
| Profit (loss) carried forward14 | €7,063 | €7,063 | €7,063 | = |
| Amounts payable17/49 | €13,541 | €13,085 | €19,454 | ▲ 48.7% |
| Amounts payable within one year42/48 | €13,541 | €13,085 | €19,454 | ▲ 48.7% |
| Trade debts44 | €2,091 | €2,233 | €5,120 | ▲ 129% |
| Suppliers440/4 | €2,091 | €2,233 | €5,120 | ▲ 129% |
| Advances received on contracts in progress46 | - | €968 | - | - |
| Taxes, remuneration and social security45 | €2,511 | €5,656 | €12,069 | ▲ 113% |
| Taxes450/3 | €2,511 | €5,656 | €12,069 | ▲ 113% |
| Other amounts payable47/48 | €8,939 | €4,228 | €2,264 | ▼ 46.5% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,505 | €19,316 | €22,551 | ▲ 16.7% |
| + Depreciation and write-downs630 | €851 | €3,436 | €3,685 | ▲ 7.2% |
| Operating cash flow (approximation) | €8,356 | €22,752 | €26,236 | ▲ 15.3% |
| Investment in fixed assets (approximation) | - | -€7,468 | -€1,674 | ▲ 77.6% |
| Change in cash | - | €13,722 | €8,275 | ▼ 39.7% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 34,693 companies had the same profile as Selectrical has now. Two years later, 95.3% were still going and 0.7% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of Selectrical itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for Selectrical. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Owners and capital
Shareholders
- LEFEVRE Stéphane all shares
Capital transactions
- 06-10-2023 Converted to available equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| LEFEVRE Stéphane |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “11, assemblée fixe nombre,durée,pouvoirs en cas pluralité”
Articles of association, deed of 06-10-2023 (in French)
Network & group
Selectrical shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of Selectrical. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
06-10
Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointments · MiscellaneousChange of role: LEFEVRE Stéphane, from manager to director · Permanent representative: LEFEVRE Stéphane · Incorporation26 points ▸
- General meeting, 27-09-2023
- Incorporation, 26-01-2015
- Other provision, “statuts non modifiés depuis constitution” (deed in French)
- Other provision, “rapports préalables à la transformation, état résumant la situation active et passive arrêté à une date ne remontant pas à plus de trois mois établi par l’organ…” (deed in French)
- Auditor report, “pas relevé de faits laissant à penser que l’état n’a pas été établi conformément au référentiel comptable et que l’actif net est surévalué, rapport de l’organe…” (deed in French)
- Auditor report, “transformation de la Société”, EUR (deed in French)
- Other provision, “étendue mission réviseur, demandes d’informations et procédures analytiques et autres procédures d’évaluation” (deed in French)
- Other provision, “restriction utilisation et annexes, paraphés et signés ne varietur” (deed in French)
- Legal-form conversion, “société à responsabilité limitée” (deed in French)
- Capital conversion, “compte des capitaux propres apports statutairement disponibles” (deed in French)
- Other provision, “continuité après transformation”, 0598.798.915 (deed in French)
- Accounting effect, 30-06-2023
- The act holds 14 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
10 activities
- Activités d’ingénierie et de conseils techniques
- Conception et réalisation de projets intéressant le génie électrique et électronique,et les techniques de sécurité
- Dessin industriel
- Activités de contrôle et analyses techniques
- Essais et analyses portant sur la composition,les caractéristiques physiques,les performances,la conformité à des textes réglementaires et à des normes ou à un cahier de charges
- Activités de design industriel
- Autres activités de soutien aux entreprises
- Formation professionnelle
- Autres formes d’enseignement
- Activités de conseil en matière de sécurité industrielle,de sécurité des ménages et des services publics
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 57064C0290/00Z000 | Wallonia | 690 m² | 1 · 84 m² | 7.5 m · 2 |