SELL'IZE
ActiveSummary
The computed 12-month bankruptcy probability of SELL'IZE is 4.4% (elevated). The 2024 annual accounts show equity of €58,580 and a net result of €38,691. Equity is growing by ~17% per year across the filed fiscal years. Its solvency ranks better than 75% of 26049 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+77
Solvency88▲+23
Growth78▲+46
Track record94
Bankruptcy probability, 12 months
4.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days only on tighter terms
Liquidity ample (current ratio 2.45 against 1.55 in 2023; short-term debt: 36.7% and cash: 66.2% of total assets), and 36.7% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
61 d late
2022
31 d late
2021
25 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 24 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€58,580▲ 195%
2023 · €19,889
Total assets
€92,532▲ 85.7%
2023 · €49,842
Net result
€38,691
2023 · -€1,771
Working capital
€49,244▲ 196%
2023 · €16,622
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Operating result€27,175-€1,410▼ 94.8%-€403€53,184
Net result€20,741within the sector's middle half--€281within the sector's middle half-€1,771within the sector's middle half▼ 531%€38,691above the sector's middle half
Equity€21,941within the sector's middle half-€21,660within the sector's middle half▼ 1.3%€19,889within the sector's middle half▼ 8.2%€58,580within the sector's middle half▲ 195%
Total assets€44,611below the sector's middle half-€53,805below the sector's middle half▲ 20.6%€49,842below the sector's middle half▼ 7.4%€92,532within the sector's middle half▲ 85.7%
Debt€22,670-€32,145▲ 41.8%€29,953▼ 6.8%€33,952▲ 13.4%
Working capital€17,345within the sector's middle half-€17,903within the sector's middle half▲ 3.2%€16,622within the sector's middle half▼ 7.2%€49,244within the sector's middle half▲ 196%
Solvency49.2%within the sector's middle half-40.3%within the sector's middle half▼ 8.9pp39.9%within the sector's middle half▼ 0.4pp63.3%above the sector's middle half▲ 23.4pp
Current ratio1.77within the sector's middle half-1.56within the sector's middle half▼ 0.211.55within the sector's middle half=2.45within the sector's middle half▲ 0.90
Return on assets (ROA)46.5%above the sector's middle half--0.5%within the sector's middle half▼ 47.0pp-3.6%within the sector's middle half▼ 3.0pp41.8%above the sector's middle half▲ 45.4pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €53,184 after a loss of €403 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €92,532
Fixed assets
€9,336 ▲ 186%
Current assets
€83,196 ▲ 78.6%
Equity and liabilities €92,532
Equity
€58,580 ▲ 195%
Debt
€33,952 ▲ 13.4%
Debt's share of the balance-sheet total falls from 60.1% to 36.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€55,289▲
2023 · €1,087
Cash flow
€40,796▲
2023 · -€282
Debt to equity
0.58▼
2023 · 1.51
ROE
66.0%▲
2023 · -8.9%
Interest coverage
16.79▲
2023 · 1.01
Debt ≤ 1 year
€33,952▲
2023 · €29,953
Income taxes
€11,280▲
2023 · €296
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 4.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 26,970 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 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €636 | €1,289 | €1,490 | €2,104 | ▲ 41.3% |
| Other operating charges640/8 | €312 | €712 | €1,007 | €795 | ▼ 21.1% |
| Gross operating margin9900 | €28,123 | €3,411 | €2,094 | €56,083 | ▲ 2,579% |
| Operating profit (loss)9901 | €27,175 | €1,410 | -€403 | €53,184 | ▲ 13,291% |
| Financial income75/76B | €17 | - | - | €80 | - |
| Recurring financial income75 | €17 | - | - | €80 | - |
| Non-recurring financial income76B | €17 | - | - | - | - |
| Financial charges65/66B | €882 | €1,317 | €1,072 | €3,293 | ▲ 207% |
| Recurring financial charges65 | €881 | €1,317 | €1,072 | €3,293 | ▲ 207% |
| Non-recurring financial charges66B | €0 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €26,311 | €93 | -€1,475 | €49,971 | ▲ 3,487% |
| Income taxes67/77 | €5,569 | €374 | €296 | €11,280 | ▲ 3,709% |
| Profit (loss) for the period9904 | €20,741 | -€281 | -€1,771 | €38,691 | ▲ 2,284% |
| Profit (loss) for the period to be appropriated9905 | €20,741 | -€281 | -€1,771 | €38,691 | ▲ 2,284% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €44,611 | €53,805 | €49,842 | €92,532 | ▲ 85.7% |
| Fixed assets21/28 | €4,597 | €3,757 | €3,267 | €9,336 | ▲ 186% |
| Intangible fixed assets21 | - | - | €799 | €4,121 | ▲ 416% |
| Tangible fixed assets22/27 | €3,231 | €1,942 | €653 | €750 | ▲ 14.9% |
| Plant, machinery and equipment23 | €3,231 | €1,942 | €653 | €750 | ▲ 14.9% |
| Financial fixed assets28 | €1,366 | €1,815 | €1,815 | €4,465 | ▲ 146% |
| Current assets29/58 | €40,014 | €50,048 | €46,575 | €83,196 | ▲ 78.6% |
| Amounts receivable within one year40/41 | €9,578 | €11,533 | €22,717 | €21,940 | ▼ 3.4% |
| Trade receivables40 | €9,578 | €11,533 | €22,717 | €16,940 | ▼ 25.4% |
| Other amounts receivable41 | - | - | - | €5,000 | - |
| Cash at bank and in hand54/58 | €30,387 | €38,516 | €23,858 | €61,256 | ▲ 157% |
| Deferred charges and accrued income490/1 | €50 | - | - | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €44,611 | €53,805 | €49,842 | €92,532 | ▲ 85.7% |
| Equity10/15 | €21,941 | €21,660 | €19,889 | €58,580 | ▲ 195% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €19,941 | €19,660 | €17,889 | €56,580 | ▲ 216% |
| Amounts payable17/49 | €22,670 | €32,145 | €29,953 | €33,952 | ▲ 13.4% |
| Amounts payable within one year42/48 | €22,670 | €32,145 | €29,953 | €33,952 | ▲ 13.4% |
| Trade debts44 | €1,124 | €5,682 | €2,032 | €9,283 | ▲ 357% |
| Suppliers440/4 | €1,124 | €5,682 | €2,032 | €9,283 | ▲ 357% |
| Taxes, remuneration and social security45 | €10,392 | €10,548 | €4,884 | €22,519 | ▲ 361% |
| Taxes450/3 | €10,392 | €10,548 | €4,884 | €22,519 | ▲ 361% |
| Other amounts payable47/48 | €11,154 | €15,915 | €23,037 | €2,150 | ▼ 90.7% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,741 | -€281 | -€1,771 | €38,691 | ▲ 2,284% |
| + Depreciation and write-downs630 | €636 | €1,289 | €1,490 | €2,104 | ▲ 41.3% |
| Operating cash flow (approximation) | €21,377 | €1,008 | -€282 | €40,796 | ▲ 14,578% |
| Investment in fixed assets (approximation) | - | -€449 | -€1,000 | -€8,174 | ▼ 717% |
| Change in cash | - | €8,129 | -€14,657 | €37,397 | ▲ 355% |
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
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €38,691
Net result €38,691 after 2 loss-making years.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Weakest financial yearnet -€1,771
Net result drops to -€1,771, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Brussel · 2 establishment units since 2020
Ground area
3.5 ha
Building footprint
572 m²
Volume, LiDAR
2,147 m³
3 parcels, Brussels, Flanders · tallest building 12.6 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
2 establishment units
SELL'IZE
since 20202.310.077.368
SELL'IZE
since 20262.391.082.563
3 parcels
Flanders
2
(66.7%)
Brussels
1
(33.3%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23015B0090/00L000 | Flanders | 3.4 ha | 1 · 338 m² | 6.1 m · 1 fl. |
| 23093D0226/00Z000 | Flanders | 650 m² | 1 · 112 m² | - |
| 21819C0118/00K002 | Brussels | 219 m² | 1 · 122 m² | 12.6 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 3,223 companies in sector 47400 we hold annual accounts for 1,808. 1,451 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-11-2020
Fiscal year end31-12
Activities, NACEBEL 2025
47400Retail sale of information and communication equipment
70200Business and other management consultancy
62200Computer consultancy and computer facilities management
73300Public relations and communication consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0758716776
Also
9925:BE0758716776
Registered
01-12-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.