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SELMUS

Active
Private limited companyfounded 199036 years activePierre Corneliskaai 17, 9300 Aalst, BelgiumKBO/BCE: BE 0439.993.879
Summary

SELMUS has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.2m and a net result of €9,929. Equity is growing by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 12,411 sector peers (NACE 47, fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Retail sale of electrical household appliances
NACE 47540
1 site
Size
€2.4mtotal assets 2025
Equity
€2.2m
Profit
€9,929
Financial health
87 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.3%
Structure
Parent
ANSELMUS · 80%
Holdings
1
Accounts filed 59 days late0 of 7 deeds read
Why 87- 1 financial year not filed after the legal deadline; latest accounts 61 days late; 3 of the last 3 late- Figures for FY 2025 (filed 28-11-2025)+ Founded in 1990+ Equity €2.2m (92.8% of total assets)Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 51% of its sector peers (NACE 47, small)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 92.8% of total assets
Liquidity 58+4
short-term debt 5.8% · cash 6.1%
Profitability 22+8
return on assets 0.4%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (3,686 companies)
Last 24 months 11-2024: 0.5% 12-2024: 0.7%▲ +0.2 percentage points vs 11-2024highest value 01-2025: 0.2%▼ -0.5 percentage points vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.3%▲ +0.1 percentage points vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.4%▲ +0.1 percentage points vs 08-2025 10-2025: 0.5%▲ +0.1 percentage points vs 09-2025 11-2025: 0.6%▲ +0.1 percentage points vs 10-2025 12-2025: 0.1%▼ -0.5 percentage points vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.2%▲ +0.1 percentage points vs 08-2026 10-2026: 0.3%▲ +0.1 percentage points vs 09-2026
Credit up to €190,000 at 30 days acceptable
Liquidity ample (current ratio 4.6 against 11.85 in 2024; short-term debt: 5.8% and cash: 6.1% of total assets), and 7.2% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, small): better than 95% on solvency, 77% on liquidity, 13% on profitability and 17% on growth.

The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · 1 financial year not filed after the legal deadline; latest accounts 61 days late; 3 of the last 3 late
NBB · filings
lowers risk · Founded in 1990
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Equity €2.2m (92.8% of total assets)
NBB · annual accounts
raises risk · Figures for FY 2025 (filed 28-11-2025)
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 28-02-2025 was due by 30-09-2025 and was filed on 28-11-2025, 59 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 · 10 filings
Deviation from the deadline
2025
59 days late
2024
74 days late
2023
123 days late
2022
28 days late
2020
19 days late
2019
on the day
2018
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 43 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Back to profitnet €9,929
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Positive: Back in profit in 2025after -€111,434 in 2024 €9,929 View
  • Positive: Among the best 5% on solvencysector median 37.1% · 12,411 companies 92.8% View
  • Controlled by ANSELMUS 80% View

By topic

Financials

Fiscal year
2025
Total assets
€2.4m
Profit
€9,929
Solvency
92.8%
Turnover▼ 94.9%
Net result
20192023
Go to Financials

Timeline

Events
15
Since
2015
  1. 31-01-2024Annual accounts filed
  2. 28-02-2023Highest result since 2019
  3. 28-02-2023Liquidity times 13
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Retail sale of electrical household appliancesNACE 47540
Founded
02-02-1990
Year ends
28-02
Peppol
Reachable for e-invoices
Go to Company details

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