SELMO Consult
ActiveSummary
SELMO Consult has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.53M and a net result of €316k. Equity is growing by ~14.7% per year across the filed fiscal years. Its solvency ranks better than 80% of 8692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability82▲+1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €210k at 30 days acceptable
Liquidity ample (current ratio 3.7 against 1.88 in 2024; short-term debt: 7.9% and cash: 1.5% of total assets), and 15.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
84.6%
Return on assets
10.6%
Age of the figures
16 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 · Latest accounts filed on time
The financial year that closed on 31-05-2025 was due by 31-12-2025 and was filed on 19-12-2025, 12 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
12 d early
2024
35 d early
2023
11 d early
2022
22 d early
2021
32 d early
2020
on the day
2019
8 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-05-2026 and is due by 31-12-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-05-2026 close25-09-2026 today31-12-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.53M▲ 14.3%
2024 · €2.21M
2019: €1.16Mlowest in 7 years
2020: €1.27M▲ +9.6% vs 2019
2021: €1.44M▲ +13.8% vs 2020
2022: €1.61M▲ +11.3% vs 2021
2023: €1.92M▲ +19.2% vs 2022
2024: €2.21M▲ +15.3% vs 2023
2025: €2.53M▲ +14.3% vs 2024highest in 7 years
2019 → 2025
Total assets
€2.98M▲ 3.5%
2024 · €2.88M
2019: €1.35Mlowest in 7 years
2020: €1.51M▲ +11.9% vs 2019
2021: €2.14M▲ +41.6% vs 2020
2022: €2.78M▲ +30.1% vs 2021
2023: €2.79M▲ +0.3% vs 2022
2024: €2.88M▲ +3.3% vs 2023
2025: €2.98M▲ +3.5% vs 2024highest in 7 years
2019 → 2025
Net result
€316k▲ 8.1%
2024 · €292k
2019: €189k
2020: €112k▼ -40.9% vs 2019lowest in 7 years
2021: €175k▲ +56.9% vs 2020
2022: €163k▼ -6.7% vs 2021
2023: €309k▲ +89.0% vs 2022
2024: €292k▼ -5.3% vs 2023
2025: €316k▲ +8.1% vs 2024highest in 7 years
2019 → 2025
Working capital
€640k▲ 82.0%
2024 · €352k
2019: €969khighest in 7 years
2020: €471k▼ -51.4% vs 2019
2021: €472k▲ +0.4% vs 2020
2022: €-197k▼ -142% vs 2021lowest in 7 years
2023: €86k▲ +144% vs 2022
2024: €352k▲ +311% vs 2023
2025: €640k▲ +82.0% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.44M-€1.61M▲ 11.3%€1.92M▲ 19.2%€2.21M▲ 15.3%€2.53M▲ 14.3%
2021: €1.44Mlowest in 5 years
2022: €1.61M▲ +11.3% vs 2021
2023: €1.92M▲ +19.2% vs 2022
2024: €2.21M▲ +15.3% vs 2023
2025: €2.53M▲ +14.3% vs 2024highest in 5 years
Operating result€233k-€198k▼ 14.8%€421k▲ 112%€405k▼ 3.8%€427k▲ 5.2%
2021: €233k
2022: €198k▼ -14.8% vs 2021lowest in 5 years
2023: €421k▲ +112% vs 2022
2024: €405k▼ -3.8% vs 2023
2025: €427k▲ +5.2% vs 2024highest in 5 years
Net result€175k-€163k▼ 6.7%€309k▲ 89.0%€292k▼ 5.3%€316k▲ 8.1%
2021: €175k
2022: €163k▼ -6.7% vs 2021lowest in 5 years
2023: €309k▲ +89.0% vs 2022
2024: €292k▼ -5.3% vs 2023
2025: €316k▲ +8.1% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 5% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.98M
Fixed assets
€2.11M ▼ 1.2%
Current assets
€877k ▲ 16.9%
Equity and liabilities €2.98M
Equity
€2.53M ▲ 14.3%
Debt
€459k ▼ 31.9%
Debt's share of the balance-sheet total falls from 23.4% to 15.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€498k▲
2024 · €479k
Cash flow
€388k▲
2024 · €366k
Current ratio
3.70▲
2024 · 1.88
Debt to equity
0.18▼
2024 · 0.30
ROE
12.5%▼
2024 · 13.2%
ROA
10.6%▲
2024 · 10.1%
Interest coverage
172.42▲
2024 · 129.69
Debt ≤ 1 year
€237k▼
2024 · €399k
Debt > 1 year
€204k▼
2024 · €257k
Income taxes
€143k▲
2024 · €138k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.88M€2.98M▲
Fixed assets21/28€2.13M€2.11M▼
Tangible fixed assets22/27€2.13M€2.11M▼
Land and buildings22€2.07M€2.02M▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€62k€82k▲
Financial fixed assets28€2k€2k=
Current assets29/58€750k€877k▲
Amounts receivable within one year40/41€645k€812k▲
Trade receivables40€23k€18k▼
Other amounts receivable41€622k€794k▲
Current investments50/53€37k-
Cash at bank and in hand54/58€51k€45k▼
Deferred charges and accrued income490/1€17k€20k▲
Equity and liabilities
Total equity and liabilities10/49€2.88M€2.98M▲
Equity10/15€2.21M€2.53M▲
Contributions10/11€12k€12k=
Reserves13€2.20M€2.51M▲
Tax-exempt reserves132€21k€21k=
Distributable reserves133€2.18M€2.49M▲
Amounts payable17/49€674k€459k▼
Amounts payable after more than one year17€257k€204k▼
Financial debts170/4€257k€204k▼
Amounts payable within one year42/48€399k€237k▼
Current portion of amounts payable after more than one year42€59k€53k▼
Trade debts44€42k€22k▼
Suppliers440/4€42k€22k▼
Taxes, remuneration and social security45€42k€45k▲
Taxes450/3€42k€45k▲
Other amounts payable47/48€256k€117k▼
Accrued charges and deferred income492/3€18k€18k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€73k€71k▼
Other operating charges640/8€4k€16k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€483k€514k▲
Operating profit (loss)9901€405k€427k▲
Financial income75/76B€28k€35k▲
Recurring financial income75€28k€35k▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€430k€459k▲
Income taxes67/77€138k€143k▲
Profit (loss) for the period9904€292k€316k▲
Profit (loss) for the period to be appropriated9905€292k€316k▲
Appropriation of the result
Profit (loss) to be appropriated9906€292k€316k▲
Transfer to equity691/2€292k€316k▲
To other reserves6921€292k€316k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €163k | €182k | €71k | €73k | €71k | ▼ 2.6% |
| Other operating charges640/8 | - | €4k | €5k | €4k | €16k | ▲ 309% |
| Non-recurring operating charges66A | - | - | €5k | €0 | - | - |
| Gross operating margin9900 | €398k | €384k | €503k | €483k | €514k | ▲ 6.5% |
| Operating profit (loss)9901 | €233k | €198k | €421k | €405k | €427k | ▲ 5.2% |
| Financial income75/76B | - | €39k | €24k | €28k | €35k | ▲ 24.7% |
| Recurring financial income75 | €29k | €39k | €24k | €28k | €35k | ▲ 24.7% |
| Financial charges65/66B | - | €6k | €4k | €4k | €3k | ▼ 21.7% |
| Recurring financial charges65 | €9k | €6k | €4k | €4k | €3k | ▼ 21.7% |
| Profit (loss) for the period before taxes9903 | €253k | €232k | €441k | €430k | €459k | ▲ 6.7% |
| Income taxes67/77 | €77k | €69k | €132k | €138k | €143k | ▲ 3.8% |
| Profit (loss) for the period9904 | €175k | €163k | €309k | €292k | €316k | ▲ 8.1% |
| Profit (loss) for the period to be appropriated9905 | €175k | €163k | €309k | €292k | €316k | ▲ 8.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.14M | €2.78M | €2.79M | €2.88M | €2.98M | ▲ 3.5% |
| Fixed assets21/28 | €1.45M | €2.20M | €2.17M | €2.13M | €2.11M | ▼ 1.2% |
| Tangible fixed assets22/27 | €1.45M | €2.20M | €2.16M | €2.13M | €2.11M | ▼ 1.2% |
| Land and buildings22 | - | €2.10M | €2.10M | €2.07M | €2.02M | ▼ 2.2% |
| Plant, machinery and equipment23 | - | €3k | €3k | €3k | €2k | ▼ 12.5% |
| Furniture and vehicles24 | - | €92k | €58k | €62k | €82k | ▲ 32.9% |
| Other tangible fixed assets26 | - | €0 | - | - | - | - |
| Financial fixed assets28 | €2k | €2k | €2k | €2k | €2k | = |
| Current assets29/58 | €689k | €583k | €625k | €750k | €877k | ▲ 16.9% |
| Amounts receivable within one year40/41 | €624k | €522k | €492k | €645k | €812k | ▲ 25.9% |
| Trade receivables40 | - | €45k | €17k | €23k | €18k | ▼ 21.1% |
| Other amounts receivable41 | - | €477k | €475k | €622k | €794k | ▲ 27.6% |
| Current investments50/53 | €34k | €24k | €67k | €37k | - | - |
| Cash at bank and in hand54/58 | €14k | €23k | €50k | €51k | €45k | ▼ 11.7% |
| Deferred charges and accrued income490/1 | - | €14k | €16k | €17k | €20k | ▲ 17.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.14M | €2.78M | €2.79M | €2.88M | €2.98M | ▲ 3.5% |
| Equity10/15 | €1.44M | €1.61M | €1.92M | €2.21M | €2.53M | ▲ 14.3% |
| Contributions10/11 | - | €12k | €12k | €12k | €12k | = |
| Reserves13 | €1.43M | €1.60M | €1.90M | €2.20M | €2.51M | ▲ 14.4% |
| Non-distributable reserves130/1 | - | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €0 | - | - | - |
| Tax-exempt reserves132 | - | €21k | €21k | €21k | €21k | = |
| Distributable reserves133 | - | €1.57M | €1.88M | €2.18M | €2.49M | ▲ 14.5% |
| Amounts payable17/49 | €692k | €1.17M | €873k | €674k | €459k | ▼ 31.9% |
| Amounts payable after more than one year17 | €442k | €375k | €316k | €257k | €204k | ▼ 20.6% |
| Financial debts170/4 | - | €375k | €316k | €257k | €204k | ▼ 20.6% |
| Amounts payable within one year42/48 | €217k | €780k | €539k | €399k | €237k | ▼ 40.6% |
| Current portion of amounts payable after more than one year42 | - | €103k | €59k | €59k | €53k | ▼ 10.0% |
| Trade debts44 | €14k | €16k | €33k | €42k | €22k | ▼ 47.6% |
| Suppliers440/4 | - | €16k | €33k | €42k | €22k | ▼ 47.6% |
| Taxes, remuneration and social security45 | - | €44k | €44k | €42k | €45k | ▲ 7.0% |
| Taxes450/3 | - | €44k | €44k | €42k | €45k | ▲ 7.0% |
| Other amounts payable47/48 | - | €617k | €405k | €256k | €117k | ▼ 54.2% |
| Accrued charges and deferred income492/3 | - | €18k | €18k | €18k | €18k | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €175k | €163k | €309k | €292k | €316k | ▲ 8.1% |
| + Depreciation and write-downs630 | €163k | €182k | €71k | €73k | €71k | ▼ 2.6% |
| Operating cash flow (approximation) | €338k | €345k | €380k | €366k | €388k | ▲ 6.0% |
| Investment in fixed assets (approximation) | - | €-931k | €-39k | €-41k | €-46k | ▼ 13.3% |
| Change in cash | - | €10k | €26k | €2k | €-6k | ▼ 434% |
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
Next filing, fiscal year 2026, expected by
2025
19-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-05
Financial
Highest result since 2019net €316k ▲8.1%
Operating result €427k, net result €316k, both a record.
2024
26-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-05
Financial
Equity above €2MEq €2.21M ▲15.3%
6 profitable years in a row build equity to €2.21M.
2023
20-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
09-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
29-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
31-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
31-05
Financial
Weakest financial yearnet €112k ▼40.9%
Net result drops to €112k, the lowest in the series; recovery starts the following year.
2019
23-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
28-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
22-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Keerbergen · 1 establishment unit since 2009
Ground area
9,982 m²
Building footprint
289 m²
Volume, LiDAR
5,005 m³
Parcel 24048A0248/00D000, Flanders · tallest building 23.1 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
SELMO Consult
since 20092.229.681.194
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24048A0248/00D000 | Flanders | 9,982 m² | 1 · 289 m² | 23.1 m · 7 fl. |
Linked by address, not proof of ownership
Good to know
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
875500P8IU37WM6B5D56
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 17,556 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
Founded23-07-2009
Fiscal year end31-05
Activities, NACEBEL 2025
70200Business and other management consultancy
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Scores and ratios are computed by Checked and are not a credit decision.