SELINCO
ActiveSELINCO has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €289k and a net result of €36k. Equity is growing by ~14.1% per year across the filed fiscal years. Its solvency ranks better than 71% of 9183 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability56▼-20
Solvency83▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 1.53 against 1.31 in 2024; short-term debt: 7.4% and cash: 4.5% of total assets), and 42.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
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
57.7%
Return on assets
7.2%
Age of the figures
9 mo
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 04-05-2026, 88 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
88 d early
2024
24 d early
2023
2 d late
2022
31 d early
2021
25 d late
2020
16 d late
2019
4 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€289k▲ 14.3%
2024 · €252k
2018: €115k
2019: €123k
2020: €144k
2021: €169k
2022: €202k
2023: €226k
2024: €252k
2018 → 2025
Total assets
€500k▲ 2.5%
2024 · €488k
2018: €523k
2019: €592k
2020: €488k
2021: €486k
2022: €485k
2023: €488k
2024: €488k
2018 → 2025
Net result
€36k▲ 36.8%
2024 · €26k
2018: €23k
2019: €13k
2020: €21k
2021: €26k
2022: €32k
2023: €24k
2024: €26k
2018 → 2025
Working capital
€19k▲ 85.3%
2024 · €10k
2018: €26k
2019: €27k
2020: €755
2021: €3k
2022: €11k
2023: €10k
2024: €10k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€169k-€202k▲ 19.1%€226k▲ 11.9%€252k▲ 11.7%€289k▲ 14.3%
Operating result€40k-€48k▲ 20.2%€37k▼ 23.8%€43k▲ 16.3%€52k▲ 21.6%
Net result€26k-€32k▲ 24.9%€24k▼ 25.6%€26k▲ 9.7%€36k▲ 36.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 22% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €500k
Fixed assets
€444k=
Current assets
€56k▲ 27.2%
Equity and liabilities €500k
Equity
€289k▲ 14.3%
Debt
€211k▼ 10.3%
The debt ratio falls from 48.3% to 42.3%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
57.7%▲
2024 · 51.7%
Current ratio
1.53▲
2024 · 1.31
Quick ratio
1.53▲
2024 · 1.31
Debt / equity
0.73▼
2024 · 0.93
ROE
12.5%▲
2024 · 10.5%
ROA
7.2%▲
2024 · 5.4%
Debt
€211k▼
2024 · €236k
Debt ≤ 1 year
€37k▲
2024 · €34k
Debt > 1 year
€174k▼
2024 · €201k
Income taxes
€12k▼
2024 · €12k
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€488k€500k▲
Fixed assets21/28€444k€444k=
Tangible fixed assets22/27€114k€114k=
Land and buildings22€114k€114k=
Financial fixed assets28€330k€330k=
Current assets29/58€44k€56k▲
Amounts receivable within one year40/41€22k€32k▲
Trade receivables40€493€0▼
Other amounts receivable41€22k€32k▲
Cash at bank and in hand54/58€21k€22k▲
Deferred charges and accrued income490/1€943€2k▲
Equity and liabilities
Total equity and liabilities10/49€488k€500k▲
Equity10/15€252k€289k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€190k€227k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€184k€220k▲
Amounts payable17/49€236k€211k▼
Amounts payable after more than one year17€201k€174k▼
Financial debts170/4€201k€174k▼
Amounts payable within one year42/48€34k€37k▲
Current portion of amounts payable after more than one year42€27k€27k▲
Trade debts44€322€6k▲
Suppliers440/4€322€6k▲
Taxes, remuneration and social security45€4k€4k▼
Taxes450/3€4k€4k▼
Other amounts payable47/48€3k€0▼
Accrued charges and deferred income492/3€233€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-
Other operating charges640/8€5k€6k▲
Gross operating margin9900€48k€58k▲
Operating profit (loss)9901€43k€52k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€39k€48k▲
Income taxes67/77€12k€12k▼
Profit (loss) for the period9904€26k€36k▲
Profit (loss) for the period to be appropriated9905€26k€36k▲
Appropriation of the result
Profit (loss) to be appropriated9906€26k€36k▲
Transfer to equity691/2€26k€36k▲
To other reserves6921€26k€36k▲
The notes to these accounts (12 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
02-09
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Permanent representative3 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Permanent representative3 facts ▸
- General meeting, 2023-11-23
- Director resignation, NV SCHEPERS (bestuurder)
- Permanent representative, Joeri Schepers
04-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €36k ▲36.8%
Operating result €52k, net result €36k, both a record.
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
02-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 2 days late
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €200kEq €202k ▲19.1%
5 profitable years in a row build equity to €202k.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 25 days late
2021
31-12
Financial
Equity above €150kEq €169k ▲18.1%
4 profitable years in a row build equity to €169k.
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 16 days late
2020
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €13k ▼42.9%
Net result drops to €13k, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
23-11-2023
Resigned as Director
Location & real-estate footprint
Registered office, Oudsbergen · 1 establishment unit since 1997
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.
Klein-Heidestraat 213670 OudsbergenGround area
3,545 m²
Building footprint
834 m²
Volume, LiDAR
4,438 m³
Parcel 72022B0357/00D000, Flanders · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SELINCO NV
since 19972.081.009.690
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72022B0357/00D000 | Flanders | 3,545 m² | 1 · 834 m² | 7.1 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.
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immopunt
BE 0461.433.750
Tienen · Eq €289k
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TERRA PROJECTS
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Incourt · Eq €288k
Of 11,749 companies in sector 68310 we hold annual accounts for 6,907. 4,988 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded12-03-1997
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
70311
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.