Selo
ActiveSelo has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €238k and a net result of €65k. Equity is growing by ~16.3% per year across the filed fiscal years. Its solvency ranks better than 85% of 11614 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
92
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability98▼-2
Solvency100▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 8.82 against 5.23 in 2023; short-term debt: 10.6% and cash: 28.3% of total assets), and 14.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-07-2025, 7 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
7 d early
2023
5 d early
2022
12 d early
2021
17 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€238k▲ 37.3%
2023 · €173k
2021: €137k
2022: €245k
2023: €173k
2021 → 2024
Total assets
€277k▲ 10.5%
2023 · €250k
2021: €215k
2022: €304k
2023: €250k
2021 → 2024
Net result
€65k▼ 49.6%
2023 · €128k
2021: €59k
2022: €108k
2023: €128k
2021 → 2024
Working capital
€229k▲ 28.5%
2023 · €178k
2021: €131k
2022: €234k
2023: €178k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€137k-€245k▲ 79.3%€173k▼ 29.3%€238k▲ 37.3%
Operating result€76k-€141k▲ 84.3%€165k▲ 16.8%€90k▼ 45.3%
Net result€59k-€108k▲ 82.0%€128k▲ 18.4%€65k▼ 49.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 45% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €277k
Fixed assets
€18k▼ 39.4%
Current assets
€258k▲ 17.3%
Equity and liabilities €277k
Equity
€238k▲ 37.3%
Debt
€39k▼ 49.5%
The debt ratio falls from 30.9% to 14.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€102k▼
2023 · €177k
Cash flow
€76k▼
2023 · €140k
Solvency
85.9%▲
2023 · 69.1%
Current ratio
8.82▲
2023 · 5.23
Quick ratio
8.82▲
2023 · 5.23
Debt / equity
0.16▼
2023 · 0.45
ROE
27.2%▼
2023 · 74.1%
ROA
23.3%▼
2023 · 51.2%
Interest coverage
330.02▲
2023 · 268.37
Debt
€39k▼
2023 · €77k
Debt ≤ 1 year
€29k▼
2023 · €42k
Debt > 1 year
€7k▼
2023 · €18k
Income taxes
€25k▼
2023 · €36k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€250k€277k▲
Fixed assets21/28€30k€18k▼
Tangible fixed assets22/27€30k€18k▼
Plant, machinery and equipment23€2k€733▼
Furniture and vehicles24€28k€17k▼
Current assets29/58€220k€258k▲
Amounts receivable within one year40/41€15k€30k▲
Trade receivables40€15k€30k▲
Other amounts receivable41€293-
Current investments50/53-€150k
Cash at bank and in hand54/58€205k€78k▼
Equity and liabilities
Total equity and liabilities10/49€250k€277k▲
Equity10/15€173k€238k▲
Contributions10/11€4k€4k=
Capital10€4k-
Issued capital100€4k-
Reserves13€82k€146k▲
Non-distributable reserves130/1€400-
Legal reserve130€400-
Tax-exempt reserves132€59k€59k=
Distributable reserves133€22k€87k▲
Profit (loss) carried forward14€87k€87k=
Amounts payable17/49€77k€39k▼
Amounts payable after more than one year17€18k€7k▼
Financial debts170/4€18k€7k▼
Amounts payable within one year42/48€42k€29k▼
Current portion of amounts payable after more than one year42€11k€11k▲
Trade debts44€159-
Suppliers440/4€159-
Taxes, remuneration and social security45€30k€16k▼
Taxes450/3€30k€16k▼
Other amounts payable47/48€318€1k▲
Accrued charges and deferred income492/3€17k€3k▼
Income statement
Code20232024
Non-recurring operating income76A€3k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€12k▼
Other operating charges640/8€435€427▼
Gross operating margin9900€177k€102k▼
Operating profit (loss)9901€165k€90k▼
Financial income75/76B-€10
Recurring financial income75-€10
Financial charges65/66B€659€308▼
Recurring financial charges65€659€308▼
Profit (loss) for the period before taxes9903€164k€90k▼
Income taxes67/77€36k€25k▼
Profit (loss) for the period9904€128k€65k▼
Transfer to tax-exempt reserves689€59k-
Profit (loss) for the period to be appropriated9905€69k€65k▼
Appropriation of the result
Profit (loss) to be appropriated9906€287k€152k▼
Profit (loss) brought forward from the previous period14P€218k€87k▼
Transfer from equity791/2-€400
Transfer to equity691/2-€65k
To other reserves6921-€65k
Profit to be distributed694/7€200k-
Return on contributions (dividend)694€200k-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200kEq €238k ▲37.3%
4 profitable years in a row build equity to €238k.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2021net €128k ▲18.4%
Operating result €165k, net result €128k, both a record.
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €245k ▲79.3%
2 profitable years in a row build equity to €245k.
14-07
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.
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, Heist-op-den-Berg · 1 establishment unit since 2018
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.
Lammeneelstraat 262220 Heist-op-den-BergGround area
1,811 m²
Building footprint
144 m²
Volume, LiDAR
952 m³
Parcel 12322H0004/00L000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Selo
since 20182.276.739.557
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12322H0004/00L000 | Flanders | 1,811 m² | 1 · 144 m² | 9.2 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
2549007OBC4HXVYTB836
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Of 11,555 companies in sector 71121 we hold annual accounts for 6,562. 5,032 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-06-2018
Fiscal year end31-12
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.