SELEK
ActiveSELEK has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €300k and a net result of €86k. Equity is growing by ~20.9% per year across the filed fiscal years. Its solvency ranks better than 77% of 7331 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▲+55
Solvency94▼-6
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 3.87 against 5.87 in 2024; short-term debt: 25.8% and cash: 33.4% of total assets), and 30.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
69.4%
Return on assets
19.9%
Age of the figures
15 mo
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 · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 03-02-2026, 3 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
3 d late
2024
on the day
2023
29 d late
2022
2 d early
2021
5 d early
2020
3 d early
2019
18 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close17-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€300k▲ 40.3%
2024 · €214k
2019: €96k
2020: €105k
2021: €127k
2022: €161k
2023: €220k
2024: €214k
2019 → 2025
Total assets
€433k▲ 67.9%
2024 · €258k
2019: €144k
2020: €200k
2021: €189k
2022: €265k
2023: €315k
2024: €258k
2019 → 2025
Net result
€86k
2024 · €-5k
2019: €20k
2020: €9k
2021: €22k
2022: €33k
2023: €59k
2024: €-5k
2019 → 2025
Working capital
€321k▲ 50.2%
2024 · €214k
2019: €93k
2020: €103k
2021: €126k
2022: €160k
2023: €219k
2024: €214k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€127k-€161k▲ 26.1%€220k▲ 36.7%€214k▼ 2.5%€300k▲ 40.3%
Operating result€32k-€46k▲ 46.9%€61k▲ 30.5%€14k▼ 76.2%€134k▲ 830%
Net result€22k-€33k▲ 50.8%€59k▲ 77.4%€-5k€86k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 830% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €433k
Fixed assets
€625=
Current assets
€432k▲ 68.1%
Equity and liabilities €433k
Equity
€300k▲ 40.3%
Debt
€133k▲ 203%
The debt ratio rises from 17.0% to 30.6%. Equity and debt are higher.
Key figures and ratios
Solvency
69.4%▼
2024 · 83.0%
Current ratio
3.87▼
2024 · 5.87
Quick ratio
3.87▼
2024 · 5.87
Debt / equity
0.44▲
2024 · 0.20
ROE
28.7%▲
2024 · -2.5%
ROA
19.9%▲
2024 · -2.1%
Debt
€133k▲
2024 · €44k
Debt ≤ 1 year
€112k▲
2024 · €44k
Income taxes
€40k▲
2024 · €19k
Staff costs
€52k▼
2024 · €69k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€258k€433k▲
Fixed assets21/28€625€625=
Financial fixed assets28€625€625=
Current assets29/58€257k€432k▲
Amounts receivable within one year40/41€166k€284k▲
Trade receivables40€104k€194k▲
Other amounts receivable41€62k€90k▲
Cash at bank and in hand54/58€92k€145k▲
Deferred charges and accrued income490/1-€4k
Equity and liabilities
Total equity and liabilities10/49€258k€433k▲
Equity10/15€214k€300k▲
Contributions10/11€100€100=
Reserves13€19k€19k=
Non-distributable reserves130/1€19k€19k=
Reserves not available under the articles1311€19k€19k=
Profit (loss) carried forward14€195k€282k▲
Amounts payable17/49€44k€133k▲
Amounts payable within one year42/48€44k€112k▲
Trade debts44€21k€34k▲
Suppliers440/4€21k€34k▲
Taxes, remuneration and social security45€23k€63k▲
Taxes450/3€23k€63k▲
Other amounts payable47/48-€16k
Accrued charges and deferred income492/3-€21k
Income statement
Code20242025
Non-recurring operating income76A€19k-
Remuneration, social security and pensions62€69k€52k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€85k€188k▲
Operating profit (loss)9901€14k€134k▲
Financial income75/76B€2k€0▼
Recurring financial income75€2k€0▼
Financial charges65/66B€4k€8k▲
Recurring financial charges65€4k€8k▲
Profit (loss) for the period before taxes9903€13k€126k▲
Income taxes67/77€19k€40k▲
Profit (loss) for the period9904€-5k€86k▲
Profit (loss) for the period to be appropriated9905€-5k€86k▲
Appropriation of the result
Profit (loss) to be appropriated9906€195k€282k▲
Profit (loss) brought forward from the previous period14P€201k€195k▼
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 3 days late
2025
30-06
Financial
Back to profitnet €86k
Net result €86k after one loss-making year.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Weakest financial yearnet €-5k ▼109%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
29-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
30-06
Financial
Equity above €200kEq €220k ▲36.7%
5 profitable years in a row build equity to €220k.
29-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Equity above €150kEq €161k ▲26.1%
4 profitable years in a row build equity to €161k.
26-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Equity above €100kEq €105k ▲9.6%
2 profitable years in a row build equity to €105k.
13-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
16-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
27-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Zele · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Vlasbloemstraat 19240 ZeleGround area
196 m²
Building footprint
97 m²
Volume, LiDAR
590 m³
Parcel 42402C0429/00E000, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SELEK
since 20112.204.925.212
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42402C0429/00E000 | Flanders | 196 m² | 1 · 97 m² | 9.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
De Caluwé Stijn bouw
BE 0829.435.221
Kruisem · Eq €301k
Jeroen Van Alboom
BE 0821.477.756
Wetteren · Eq €302k
RW Construct
BE 0832.804.089
Mol · Eq €302k
Etablissement DERMAUX
BE 0682.887.522
Verlaine · Eq €305k
Koppen
BE 0403.727.658
Schoten · Eq €305k
Of 2,450 companies in sector 41003 we hold annual accounts for 1,055. 681 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded07-10-2011
Fiscal year end30-06
Activities, NACEBEL
41003General construction of other non-residential buildings
43990Other specialised construction activities
43999Specialised construction activities
41001General construction of residential buildings
43240Other construction installation
43341Painting of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.