SELSCAP SERVICES

Active

Private limited companyfounded 201412 yrs activeDuivenkotstraat 10, 1000 Brussel, BelgiumKBO/BCE: BE 0554.875.137

The computed 12-month bankruptcy probability of SELSCAP SERVICES is 1.6% (moderate). The 2024 annual accounts show negative equity (€-123k) and a net result of €11k. Equity is shrinking by ~29.7% per year across the filed fiscal years. Its solvency ranks better than 11% of 1850 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

15 / 100

Critical▼ -2 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability27=

Solvency33=

Growth55=

Stability100

Bankruptcy probability, 12 months

1.6% Moderate

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.41 against 0.34 in 2023), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

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 2024

Solvency, return and age of the figures

Solvency

-60.6%

Return on assets

5.4%

Age of the figures

20 mo

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 55

Relative position

BE, all sectors

reference

Sector 55

higher

← fewer bankruptcies more bankruptcies →

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 1850 sector peers (2024).

NBB · sector comparison

Position among 1850 sector peers

Solvency

better than 11%

← weakest strongest →

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-01-2026, 183 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

183 d late

2023

138 d late

2022

92 d late

2021

74 d late

2020

100 d late

2019

31 d early

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Turnover

€556k▲ 72.6%

2023 · €322k

2020: €97k 2021: €69k 2022: €63k 2023: €322k

2020 → 2024

EBIT margin

6.1%▲ 9.5pp

2023 · -3.4%

2020: 3.9% 2021: -43.5% 2022: -34.7% 2023: -3.4%

2020 → 2024

Net result

€11k

2023 · €-18k

2018: €23k 2019: €6k 2020: €793 2021: €-36k 2022: €-26k 2023: €-18k

2018 → 2024

Working capital

€-185k▲ 9.6%

2023 · €-205k

2018: €-769 2019: €5k 2020: €514 2021: €-100k 2022: €-182k 2023: €-205k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Turnover€97k-€69k▼ 28.4%€63k▼ 9.3%€322k▲ 414%€556k▲ 72.6%

Equity€20k-€-91k€-117k▼ 28.5%€-122k▼ 4.4%€-123k▼ 1.1%

Operating result€4k-€-30k€-22k▲ 27.5%€-11k▲ 49.9%€34k

Net result€793-€-36k€-26k▲ 29.2%€-18k▲ 32.3%€11k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2024: €34k after a loss of €11k in 2023, the highest year so far.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €203k

36.9%

63.1%

Fixed assets €75k▼ 15.8%

Current assets €128k▲ 20.0%

Key figures and ratios

2024 value · change against 2023

EBITDA

€52k▲

2023 · €6k

Cash flow

€29k▲

2023 · €-1k

Solvency

-60.6%▲

2023 · -62.2%

Current ratio

0.41▲

2023 · 0.34

Quick ratio

0.41▲

2023 · 0.34

Debt / equity

-2.65▼

2023 · -2.61

ROE

-9.0%▼

2023 · 14.4%

ROA

5.4%▲

2023 · -9.0%

Interest coverage

5.18▲

2023 · 0.85

Debt

€326k▲

2023 · €317k

Debt ≤ 1 year

€313k▲

2023 · €311k

Income taxes

€13k▲

2023 · €0

Staff costs

€118k▲

2023 · €109k

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€195k€203k▲

Fixed assets21/28€89k€75k▼

Tangible fixed assets22/27€89k€75k▼

Plant, machinery and equipment23€85k€72k▼

Other tangible fixed assets26€3k€3k▼

Current assets29/58€107k€128k▲

Amounts receivable within one year40/41€86k€51k▼

Trade receivables40€70k€49k▼

Other amounts receivable41€16k€3k▼

Cash at bank and in hand54/58€10k€67k▲

Deferred charges and accrued income490/1€11k€9k▼

Equity and liabilities

Total equity and liabilities10/49€195k€203k▲

Equity10/15€-122k€-123k▼

Contributions10/11€25k€13k▼

Reserves13€6k€6k=

Distributable reserves133€6k€6k=

Profit (loss) carried forward14€-153k€-142k▲

Amounts payable17/49€317k€326k▲

Amounts payable within one year42/48€311k€313k▲

Current portion of amounts payable after more than one year42€632€630▼

Trade debts44€80k€73k▼

Suppliers440/4€80k€73k▼

Taxes, remuneration and social security45€47k€31k▼

Taxes450/3€12k€22k▲

Remuneration and social security454/9€35k€9k▼

Other amounts payable47/48€184k€208k▲

Accrued charges and deferred income492/3€6k€13k▲

Income statement Code20232024

Turnover70€322k€556k▲

Goods, raw materials, services and sundry goods60/61€199k€373k▲

Remuneration, social security and pensions62€109k€118k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€18k▲

Other operating charges640/8€9k€14k▲

Gross operating margin9900€123k€183k▲

Operating profit (loss)9901€-11k€34k▲

Financial income75/76B€1€0▼

Recurring financial income75€1€0▼

Financial charges65/66B€7k€10k▲

Recurring financial charges65€7k€10k▲

Profit (loss) for the period before taxes9903€-18k€24k▲

Income taxes67/77€0€13k▲

Profit (loss) for the period9904€-18k€11k▲

Profit (loss) for the period to be appropriated9905€-18k€11k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-153k€-142k▲

Profit (loss) brought forward from the previous period14P€-136k€-153k▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 12Financial 2Filings 10

2026

30-01

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 183 days late

2024

31-12

Financial Back to profitnet €11k

Net result €11k after 3 loss-making years.

16-12

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 138 days late

2023

31-10

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 92 days late

2022

13-10

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 74 days late

2021

31-12

Financial Weakest financial yearnet €-36k ▼4699%

Net result drops to €-36k, the lowest in the series; recovery starts the following year.

08-11

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 100 days late

2020

30-06

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2019

25-06

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

2018

30-08

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 30 days late

2017

19-06

NBB filing Annual accounts filed

fiscal year 2016 · micro schema

2016

06-07

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

3 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, Brussel · 1 establishment unit since 2015

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.

Duivenkotstraat 101000 Brussel

Ground area

151 m²

Building footprint

149 m²

Volume, LiDAR

1,990 m³

Parcel 21802B0313/00G000, Brussels · tallest building 16.4 m, ±5 floors. Linked by address, not a title deed.

1 establishment unit

SELSCAP SERVICES

Duivenkotstraat 10, 1000 BrusselHotels and similar accommodation

since 20152.252.292.587

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21802B0313/00G000	Brussels	151 m²	1 · 149 m²	16.4 m · 5 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.

Similar companies · same sector, comparable size

INTERSTATE HOTEL GROUP

Sint-Truiden · Eq €20k

ARGOS HOSPITALITY AND COMMUNICATION SERVICES

Of 2,383 companies in sector 55100 we hold annual accounts for 1,507. 668 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded30-06-2014

Fiscal year end31-12

Activities, NACEBEL

55100Hotels and similar accommodation

56102Limited-service restaurants

56112Limited-service restaurants, excluding mobile food services

Sources

Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers

Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.