Sella Group
ActiveSella Group has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €45k and a net result of €-5k. Equity is growing by ~12.9% per year across the filed fiscal years. Its solvency ranks better than 70% of 18281 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability61▼-33
Solvency82▼-18
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.1 against 10.25 in 2024; short-term debt: 42.3% and cash: 26% of total assets), and 42.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
57.3%
Return on assets
-6%
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 20-07-2026, 11 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
11 d early
2024
56 d early
2023
15 d early
2022
4 d early
2021
30 d late
2020
30 d late
2019
121 d late
← 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€45k▼ 9.5%
2024 · €49k
2018: €16k
2019: €18k
2020: €87k
2021: €119k
2022: €89k
2023: €39k
2024: €49k
2018 → 2025
Total assets
€78k▲ 49.1%
2024 · €52k
2018: €24k
2019: €44k
2020: €126k
2021: €148k
2022: €181k
2023: €154k
2024: €52k
2018 → 2025
Net result
€-5k
2024 · €11k
2018: €6k
2019: €2k
2020: €70k
2021: €31k
2022: €34k
2023: €32k
2024: €11k
2018 → 2025
Working capital
€3k▼ 88.0%
2024 · €27k
2018: €16k
2019: €8k
2020: €82k
2021: €117k
2022: €51k
2023: €10k
2024: €27k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€119k-€89k▼ 25.4%€39k▼ 56.3%€49k▲ 27.2%€45k▼ 9.5%
Operating result€44k-€43k▼ 1.9%€44k▲ 1.4%€16k▼ 62.9%€-4k
Net result€31k-€34k▲ 10.0%€32k▼ 5.9%€11k▼ 67.6%€-5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €4k after €16k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €78k
Fixed assets
€42k▲ 85.7%
Current assets
€36k▲ 21.5%
Equity and liabilities €78k
Equity
€45k▼ 9.5%
Debt
€33k▲ 1,045%
The debt ratio rises from 5.6% to 42.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€6k▼
2024 · €25k
Cash flow
€5k▼
2024 · €19k
Solvency
57.3%▼
2024 · 94.4%
Current ratio
1.10▼
2024 · 10.25
Quick ratio
1.10▼
2024 · 10.25
Debt / equity
0.74▲
2024 · 0.06
ROE
-10.5%▼
2024 · 21.4%
ROA
-6.0%▼
2024 · 20.2%
Interest coverage
12.99▼
2024 · 17.34
Debt
€33k▲
2024 · €3k
Debt ≤ 1 year
€33k▲
2024 · €3k
Income taxes
€363▼
2024 · €5k
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€52k€78k▲
Fixed assets21/28€22k€42k▲
Tangible fixed assets22/27€22k€42k▲
Plant, machinery and equipment23€790€404▼
Furniture and vehicles24€22k€41k▲
Current assets29/58€30k€36k▲
Amounts receivable within one year40/41€14k€14k▼
Trade receivables40€10k€9k▼
Other amounts receivable41€5k€5k▲
Current investments50/53€0-
Cash at bank and in hand54/58€14k€20k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€52k€78k▲
Equity10/15€49k€45k▼
Contributions10/11€19k€19k=
Reserves13€31k€26k▼
Distributable reserves133€31k€26k▼
Profit (loss) carried forward14€0-
Amounts payable17/49€3k€33k▲
Amounts payable within one year42/48€3k€33k▲
Trade debts44€610€2k▲
Suppliers440/4€610€2k▲
Taxes, remuneration and social security45€2k€1k▼
Taxes450/3€2k€1k▼
Other amounts payable47/48€0€30k▲
Accrued charges and deferred income492/3-€301
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€10k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€27k€8k▼
Operating profit (loss)9901€16k€-4k▼
Financial income75/76B€607€0▼
Recurring financial income75€607€0▼
Financial charges65/66B€1k€456▼
Recurring financial charges65€1k€456▼
Profit (loss) for the period before taxes9903€15k€-4k▼
Income taxes67/77€5k€363▼
Profit (loss) for the period9904€11k€-5k▼
Profit (loss) for the period to be appropriated9905€11k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€11k€-5k▼
Transfer from equity791/2€0€5k▲
Transfer to equity691/2€11k€0▼
To other reserves6921€11k€0▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (6 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
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-5k ▼144%
Net result drops to €-5k, the lowest in the series.
05-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 9current ratio 10.25
Current ratio from 1.09 to 10.25; short-term debt falls from €115k to €3k.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Equity above €100kEq €119k ▲35.9%
4 profitable years in a row build equity to €119k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Highest result since 2018net €70k ▲4117%
Operating result €88k, net result €70k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 3.12
Current ratio from 1.29 to 3.12.
29-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 121 days late
2019
03-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 64 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Buggenhout · 1 establishment unit since 2017
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.
Vitsstraat 1299255 BuggenhoutGround area
769 m²
Building footprint
129 m²
Volume, LiDAR
711 m³
Parcel 42522A0460/00E000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Sella Group
since 20172.262.713.852
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42522A0460/00E000 | Flanders | 769 m² | 1 · 129 m² | 8.5 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.
Recognitions · licences · registrations
Legal Entity Identifier
699400SF9BJUYTJUWJ63
Similar companies · same sector, comparable size
U FOOD MANAGEMENT
BE 0791.208.016
Liège · Eq €45k
MARIUTA
BE 0781.775.260
Liège · Eq €45k
AKMAL
BE 0640.754.284
De Panne · Eq €45k
A & A VOEDING
BE 0862.241.215
Dilsen-Stokkem · Eq €45k
ROCOURT ICE CREAM
BE 0697.786.425
Liège · Eq €44k
Of 2,477 companies in sector 47279 we hold annual accounts for 950. 784 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-03-2017
Fiscal year end31-12
Activities, NACEBEL
47279Other retail sale of food
47299Retail trade
46190Agents in non-specialised wholesale trade
47120Other non-specialised retail sale
47910Retail trade
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.