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Sels Cédric

Active
Private limited companyfounded 20205 yrs activeSt.-Apollonialaan 204, 2400 Mol, BelgiumKBO/BCE: BE 0757.672.344
Summary

Sels Cédric has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €608,887 and a net result of €261,171. Equity is growing by ~39.5% per year across the filed fiscal years. Its solvency ranks better than 38% of 9042 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Risk analysisWatch ReportCompare
Sels CédricActiveChecked score 68/100
Risk analysis ReportCompare

Overview

Activity
Joinery installation
NACE 43320Roofing work NACE 43410Bricklaying and masonry work NACE 43910
1 site
Size
€1.8mtotal assets 2025
Staff
6.5 FTE
Equity
€608,887
Profit
€261,171
Turnover not published (abridged schema)
Financial health
68 Healthy Checked score 2025
Bankruptcy chance 12 m
0.9%
Structure
Board
2 members
Accounts 101 d early1 of 3 deeds read
Why 68- Founded in 2020- Sector Specialised construction activities (NACE 43)+ Figures for FY 2025 (filed 21-04-2026)+ Liquidity: current ratio 1.30, cash €228,330Show the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 60% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 60+5
equity 34.6% of total assets
Liquidity 55+1
short-term debt 28.0% · cash 13.0%
Profitability 87+5
return on assets 14.8%
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,046 companies)
Last 24 months 11-2024: 0.6% 12-2024: 0.6%● 0.0% vs 11-2024 01-2025: 0.6%▼ -0.6% vs 12-2024 02-2025: 0.6%● 0.0% vs 01-2025 03-2025: 0.6%▼ -1.2% vs 02-2025lowest value 04-2025: 0.7%▲ +14.5% vs 03-2025 05-2025: 0.7%▲ +1.5% vs 04-2025 06-2025: 0.7%● 0.0% vs 05-2025 07-2025: 0.7%● 0.0% vs 06-2025 08-2025: 0.7%● 0.0% vs 07-2025 09-2025: 0.7%● 0.0% vs 08-2025 10-2025: 0.7%● 0.0% vs 09-2025 11-2025: 0.7%● 0.0% vs 10-2025 12-2025: 0.7%● 0.0% vs 11-2025 01-2026: 0.7%▼ -0.7% vs 12-2025 02-2026: 0.7%▼ -1.8% vs 01-2026 03-2026: 0.7%▼ -1.1% vs 02-2026 04-2026: 0.8%▲ +11.2% vs 03-2026 05-2026: 0.9%▲ +8.2% vs 04-2026 06-2026: 0.9%▲ +2.7% vs 05-2026highest value 07-2026: 0.8%▼ -5.1% vs 06-2026 08-2026: 0.8%● 0.0% vs 07-2026 09-2026: 0.8%▲ +0.6% vs 08-2026 10-2026: 0.9%▲ +1.4% vs 09-2026
  • Founded in 2020 raises the probability for this profile
  • Figures for FY 2025 (filed 21-04-2026) lowers the probability
  • Liquidity: current ratio 1.30, cash €228,330 lowers the probability
  • Sector Specialised construction activities (NACE 43) raises the probability
Credit up to €40,000 at 30 days acceptable
Liquidity tight (current ratio 1.3 against 1.22 in 2024; short-term debt: 28% and cash: 13% of total assets), and 65.4% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 36%, liquidity 51%, profitability 73%, growth against the median 78%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Founded in 2020
In the bankruptcy model this factor raises the probability for this profile.
KBO
lowers risk · Figures for FY 2025 (filed 21-04-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.30, cash €228,330
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Sector Specialised construction activities (NACE 43)
In the bankruptcy model this factor raises the probability.
KBO
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 21-04-2026, 101 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
101 d early
2024
121 d early
2023
149 d early
2022
82 d early
2021
5 d early
2020
27 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 72 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 21 April (4 of the last 5 filed years within 47 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Resignations: Cédric Sels (non-statutory director) and…Appointments: BV Finstone Management (non-statutory…
  2. Annual accounts filedfiscal year 2025 · abbreviated…
  3. Highest result since 2020net €261,171 ▲61.9%

Key points

  • Positive: Among the best 10% on net resultsector median €27,666 · 9,035 companies €261,171 View
  • Positive: Result rose in 2025from €161,344 to €261,171 ▲ 61.9% View
  • Positive: 6 profitable years in a rowprofit 2025: €261,171 6 years View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View

By topic

Financials

Fiscal year
2025
Total assets
€1.8m
Profit
€261,171
Solvency
34.6%
Total assets▲ 18.7%
Net result
20202025
Go to Financials

Timeline

Events
12
Since
2021
Next accounts
by 31-07-2027
  1. 01-09-2026Resignations: Cédric Sels (non-statutory director) and Jelle…
  2. 21-04-2026Annual accounts filed
  3. 31-12-2025Highest result since 2020
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Joinery installationNACE 43320
Founded
30-10-2020
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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