Selecture
Dissolution or liquidationSummary
The KBO register records for Selecture the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2017 annual accounts show negative equity (-€227,386) and a net result of -€132,459.
Are you a creditor?
Judicial reorganisation
Source: Belgian Official Gazette
Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.
The procedure
- Court
- Commercial Court of Hainaut
- Opened
- 28 September 2018
- Track
- Reorganisation by collective agreement
- Docket number
- 20180039
- Moratorium until
- 31 January 2019 (passed; an extension would be in a later judgment)
- Delegated judge
- Guy Pierson
- Official Gazette
- 03-10-2018 (pdf) ↗search the document for 2018/139658
What to do now
- Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
- Check the amount the company lists you for: it has to tell you. If it is wrong, dispute it in writing.
- The company files a reorganisation plan and creditors vote on it at a hearing. A plan approved and confirmed by the court also binds those who voted against.
- What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
- The file is in RegSol, where you can read the documents of the procedure.
Deadlines: the judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette. The date of the vote on the plan is in the judgment and in RegSol.
View the file in RegSol ↗
Watch
Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.
General information, not legal advice. If in doubt, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 18-08-2018, 18 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filings
The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Go further with this company
What should you check before you do business with this company?Supplier due diligence What held for this company on a given day: board, seat, name?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2017, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€132,459
2016 · €82,322
Working capital
-€39,319
2016 · €62,780
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20132014201520162017
Operating result-€164,225-€5,956-€123,856€92,698-€122,877
Net result-€75,476--€22,095▲ 70.7%-€151,012▼ 583%€82,322-€132,459
Equity-€4,141--€26,236▼ 534%-€177,249▼ 576%-€94,927▲ 46.4%-€227,386▼ 140%
Total assets€464,625-€464,831=€319,688▼ 31.2%€143,919▼ 55.0%€38,922▼ 73.0%
Debt€458,767-€491,068▲ 7.0%€496,937▲ 1.2%€238,846▼ 51.9%€266,308▲ 11.5%
Working capital€62,114-€55,090▼ 11.3%-€13,927€62,780-€39,319
Staff (FTE)8-7.8▼ 2.5%7.9▲ 1.3%6.7▼ 15.2%3.8▼ 43.3%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2017: a loss of €122,877 after €92,698 in 2016.
Key figures and ratios
Solvency
-584.2%▼
2016 · -66.0%
Current ratio
0.50▼
2016 · 1.77
Quick ratio
0.24▼
2016 · 1.29
Debt to equity
-0.83▲
2016 · -1.66
ROA
-340.3%▼
2016 · 57.2%
Debt ≤ 1 year
€78,241▼
2016 · €81,139
Debt > 1 year
€188,067▲
2016 · €157,707
Income taxes
€77
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23,723 | €23,836 | €23,639 | - | - | - |
| Gross operating margin9900 | €172,515 | €291,831 | €121,044 | €238,462 | -€9,120 | ▼ 104% |
| Operating profit (loss)9901 | -€164,225 | €5,956 | -€123,856 | €92,698 | -€122,877 | ▼ 233% |
| Recurring financial income75 | €152 | - | €26 | €114 | - | - |
| Recurring financial charges65 | €20,512 | €27,848 | €27,183 | €10,489 | €9,505 | ▼ 9.4% |
| Profit (loss) for the period before taxes9903 | -€75,476 | -€21,892 | -€151,012 | €82,322 | -€132,382 | ▼ 261% |
| Income taxes67/77 | - | €203 | - | - | €77 | - |
| Profit (loss) for the period9904 | -€75,476 | -€22,095 | -€151,012 | €82,322 | -€132,459 | ▼ 261% |
| Profit (loss) for the period to be appropriated9905 | -€75,476 | -€22,095 | -€151,012 | €82,322 | -€132,459 | ▼ 261% |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €464,625 | €464,831 | €319,688 | €143,919 | €38,922 | ▼ 73.0% |
| Fixed assets21/28 | €250,921 | €228,636 | €204,997 | - | - | - |
| Tangible fixed assets22/27 | €250,921 | €228,636 | €204,997 | - | - | - |
| Current assets29/58 | €213,705 | €236,195 | €114,691 | €143,919 | €38,922 | ▼ 73.0% |
| Stocks and contracts in progress3 | €140,690 | €156,250 | €80,912 | €38,860 | €20,195 | ▼ 48.0% |
| Amounts receivable within one year40/41 | €60,754 | €64,109 | €32,902 | €60,424 | €18,021 | ▼ 70.2% |
| Cash at bank and in hand54/58 | €12,261 | €15,835 | €877 | €44,160 | €706 | ▼ 98.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €464,625 | €464,831 | €319,688 | €143,919 | €38,922 | ▼ 73.0% |
| Equity10/15 | -€4,141 | -€26,236 | -€177,249 | -€94,927 | -€227,386 | ▼ 140% |
| Contributions10/11 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Reserves13 | €92,761 | €92,761 | €92,761 | €92,761 | €92,761 | = |
| Profit (loss) carried forward14 | -€196,903 | -€218,998 | -€370,010 | -€287,688 | -€420,147 | ▼ 46.0% |
| Provisions and deferred taxes16 | €10,000 | - | - | - | - | - |
| Amounts payable17/49 | €458,767 | €491,068 | €496,937 | €238,846 | €266,308 | ▲ 11.5% |
| Amounts payable after more than one year17 | €307,176 | €309,963 | €368,318 | €157,707 | €188,067 | ▲ 19.3% |
| Amounts payable within one year42/48 | €151,591 | €181,104 | €128,619 | €81,139 | €78,241 | ▼ 3.6% |
| Trade debts44 | €83,804 | €118,000 | €69,144 | €65,685 | €31,397 | ▼ 52.2% |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€75,476 | -€22,095 | -€151,012 | €82,322 | -€132,459 | ▼ 261% |
| + Depreciation and write-downs630 | €23,723 | €23,836 | €23,639 | - | - | - |
| Operating cash flow (approximation) | -€51,753 | €1,741 | -€127,373 | €82,322 | -€132,459 | ▼ 261% |
| Investment in fixed assets (approximation) | - | -€1,551 | €0 | - | - | - |
| Change in cash | - | €3,575 | -€14,958 | €43,283 | -€43,454 | ▼ 200% |
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
2018
03-10
Judicial reorganisation
Opening
Tribunal de commerce du Hainaut · collective agreement · event 28-09-2018
18-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 18 days late
2017
08-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 100 days late
2016
31-12
Financial
Back to profitnet €82,322
Net result €82,322 after 3 loss-making years.
09-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 70 days late
2015
31-12
Financial
Weakest financial yearnet -€151,012
Net result drops to -€151,012, the lowest in the series.
24-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 24 days late
2014
25-06
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
20-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 20 days late
2012
29-08
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 29 days late
2011
27-07
NBB filing
Annual accounts filed
fiscal year 2010 · full schema
2010
28-07
NBB filing
Annual accounts filed
fiscal year 2009 · full schema
2009
25-08
NBB filing
Annual accounts filed
fiscal year 2008 · full schema · 25 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Charleroi · 1 establishment unit since 1971
Ground area
1,993 m²
Building footprint
568 m²
Volume, LiDAR
9,856 m³
2 parcels, Wallonia · tallest building 25.2 m, ±7 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
Rue des Sablières 302, 6200 Châtelet
since 19712.005.268.726
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52045A0265/00T041 | Wallonia | 1,184 m² | 1 · 391 m² | 25.2 m · 7 fl. |
| 52012B0275/00H000 | Wallonia | 809 m² | 1 · 177 m² | 7.9 m · 2 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.
Identification & contact
Identification
Legal formPublic limited company
Founded01-12-1970
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.