SELMAR
ActiveThe computed 12-month bankruptcy probability of SELMAR is 2.3% (moderate). The 2025 annual accounts show equity of €20k and a net result of €-6k. Equity is growing by ~14.4% per year across the filed fiscal years. Its solvency ranks better than 79% of 3603 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-51
Solvency99▲+32
Growth78=
Stability100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 2.12 against 1.38 in 2024), and 39.5% 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.
+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 56
Relative position
BE, all sectors
reference
Sector 56
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
60.5%
Return on assets
-17.5%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 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 · 8 filingsDeviation from the deadline
2025
13 d late
2024
28 d late
2023
54 d late
2022
56 d late
2021
66 d late
2020
109 d late
2019
474 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€20k▼ 22.4%
2024 · €26k
2018: €-12k
2019: €5k
2020: €21k
2021: €44k
2022: €20k
2023: €23k
2024: €26k
2018 → 2025
Total assets
€33k▼ 52.1%
2024 · €69k
2018: €20k
2019: €29k
2020: €42k
2021: €75k
2022: €54k
2023: €52k
2024: €69k
2018 → 2025
Net result
€-6k
2024 · €3k
2018: €-19k
2019: €5k
2020: €17k
2021: €23k
2022: €-24k
2023: €3k
2024: €3k
2018 → 2025
Working capital
€15k▼ 10.2%
2024 · €16k
2018: €-14k
2019: €-4k
2020: €13k
2021: €32k
2022: €4k
2023: €11k
2024: €16k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€44k-€20k▼ 54.1%€23k▲ 15.3%€26k▲ 11.2%€20k▼ 22.4%
Operating result€14k-€-21k€4k€5k▲ 24.9%€-5k
Net result€23k-€-24k€3k€3k▼ 15.5%€-6k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €5k after €5k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €33k
Fixed assets
€5k▼ 43.9%
Current assets
€28k▼ 53.4%
Equity and liabilities €33k
Equity
€20k▼ 22.4%
Debt
€13k▼ 69.8%
The debt ratio falls from 62.6% to 39.5%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€-501▼
2024 · €10k
Cash flow
€-2k▼
2024 · €7k
Solvency
60.5%▲
2024 · 37.4%
Current ratio
2.12▲
2024 · 1.38
Quick ratio
1.48▲
2024 · 1.21
Debt / equity
0.65▼
2024 · 1.67
ROE
-28.9%▼
2024 · 10.1%
ROA
-17.5%▼
2024 · 3.8%
Interest coverage
-0.45▼
2024 · 19.08
Debt
€13k▼
2024 · €43k
Debt ≤ 1 year
€13k▼
2024 · €43k
Staff costs
€29k▲
2024 · €27k
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€69k€33k▼
Fixed assets21/28€10k€5k▼
Tangible fixed assets22/27€9k€5k▼
Plant, machinery and equipment23€795€333▼
Furniture and vehicles24€9k€5k▼
Financial fixed assets28€93€93=
Current assets29/58€60k€28k▼
Stocks and contracts in progress3€7k€8k▲
Stocks30/36€7k€8k▲
Amounts receivable within one year40/41€29k€377▼
Trade receivables40€24k-
Other amounts receivable41€5k€377▼
Cash at bank and in hand54/58€23k€18k▼
Deferred charges and accrued income490/1€689€702▲
Equity and liabilities
Total equity and liabilities10/49€69k€33k▼
Equity10/15€26k€20k▼
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Profit (loss) carried forward14€7k€2k▼
Amounts payable17/49€43k€13k▼
Amounts payable within one year42/48€43k€13k▼
Trade debts44€22k€6k▼
Suppliers440/4€22k€6k▼
Taxes, remuneration and social security45€11k€7k▼
Taxes450/3€6k€6k▼
Remuneration and social security454/9€5k€2k▼
Other amounts payable47/48€10k-
Accrued charges and deferred income492/3€58-
Income statement
Code20242025
Remuneration, social security and pensions62€27k€29k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€4k▼
Other operating charges640/8€3k€4k▲
Gross operating margin9900€40k€32k▼
Operating profit (loss)9901€5k€-5k▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€516€1k▲
Recurring financial charges65€516€1k▲
Profit (loss) for the period before taxes9903€5k€-6k▼
Income taxes67/77€2k-
Profit (loss) for the period9904€3k€-6k▼
Profit (loss) for the period to be appropriated9905€3k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€7k€2k▼
Profit (loss) brought forward from the previous period14P€5k€7k▲
The notes to these accounts (4 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
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 13 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
23-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 54 days late
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
25-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 56 days late
2022
31-12
Financial
Weakest financial yearnet €-24k ▼204%
Net result drops to €-24k, the lowest in the series; recovery starts the following year.
05-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 66 days late
2021
31-12
Financial
Highest result since 2018net €23k ▲37.2%
Net result €23k, the highest in the series.
17-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 109 days late
17-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 474 days late
2020
31-12
Financial
Liquidity triplescurrent ratio 2.02
Current ratio from 0.76 to 2.02; short-term debt falls from €17k to €13k.
2019
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 directors, no change since 2024
MARTIN Yannis José François
CurrentDirector · since 16-02-2024
SELIMI Suat
CurrentDirector · since 16-02-2024
16-02-2024
MARTIN Yannis José François: Appointed as Director
16-02-2024
SELIMI Suat: Appointed as Director
05-12-2023
Dehu Benjamin: Resigned as Director (executive)
Location & real-estate footprint
Registered office, Anhée · 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.
Rue Grande 25537 AnhéeGround area
176 m²
Building footprint
63 m²
Volume, LiDAR
362 m³
Parcel 91005A0024/00V000, Wallonia · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PIZZA CHALET
since 20172.268.846.430
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91005A0024/00V000 | Wallonia | 176 m² | 1 · 63 m² | 9.6 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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RD CARS
BE 0838.282.314
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BYNO & RAMA
BE 0758.795.663
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BALOUCH
BE 1021.449.788
Roeselare · Eq €20k
TIME OUT JETTE
BE 1010.979.233
Jette · Eq €20k
Yano
BE 0597.706.377
Antwerpen · Eq €20k
Of 21,636 companies in sector 56112 we hold annual accounts for 9,660. 7,963 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-09-2017
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.