Financials
- Fiscal year
- 2024
- Total assets
- €731,247
- Profit
- €89,329
- Solvency
- 86.8%
Total assets▲ 14.1%
Net result
20182024
SELTALMO
ActiveSummary
SELTALMO has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €634,869 and a net result of €89,329. Equity is growing by ~19.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Activity
Activity not known1 site
Size
€731,247total assets 2024
- Equity
- €634,869
- Profit
- €89,329
Turnover not published (abridged schema)
Structure
Accounts 64 d overdue0 of 1 deed read
Why 90- Figures for FY 2024 (filed 01-10-2025)- 1 financial year not filed after the legal deadline; latest accounts 61 days late; 3 of the last 3 late+ Size: total assets €731,247+ Equity €634,869 (86.8% of total assets)Show the evidence
Checked score
Score 2024
90
/ 100
Excellent
Probability in this band: under 0.55%
Better than 74% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency
100=
equity 86.8% of total assets
Liquidity
98-2
short-term debt 13.2% · cash 60.3%
Profitability
84-6
return on assets 12.2%
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%
12-2024: 0.1%● 0.0% vs 11-2024
01-2025: 0.1%▲ +7.1% vs 12-2024
02-2025: 0.1%▲ +1.9% vs 01-2025
03-2025: 0.1%▲ +2.8% vs 02-2025
04-2025: 0.1%▼ -11.7% vs 03-2025
05-2025: 0.1%▼ -2.0% vs 04-2025
06-2025: 0.1%▼ -2.1% vs 05-2025
07-2025: 0.1%▲ +3.2% vs 06-2025
08-2025: 0.2%▲ +60.8% vs 07-2025
09-2025: 0.2%▲ +15.4% vs 08-2025
10-2025: 0.3%▲ +51.1% vs 09-2025highest value
11-2025: 0.1%▼ -68.0% vs 10-2025
12-2025: 0.1%● 0.0% vs 11-2025
01-2026: 0.1%▲ +6.9% vs 12-2025
02-2026: 0.1%▲ +3.2% vs 01-2026
03-2026: 0.1%▲ +2.1% vs 02-2026
04-2026: 0.1%▼ -15.3% vs 03-2026
05-2026: 0.1%▼ -1.2% vs 04-2026
06-2026: 0.1%▼ -6.1% vs 05-2026lowest value
07-2026: 0.1%▲ +11.7% vs 06-2026
08-2026: 0.1%▲ +62.8% vs 07-2026
09-2026: 0.2%▲ +15.7% vs 08-2026
10-2026: 0.2%▲ +53.1% vs 09-2026
- Size: total assets €731,247 lowers the probability for this profile
- Figures for FY 2024 (filed 01-10-2025) raises the probability
- 1 financial year not filed after the legal deadline; latest accounts 61 days late; 3 of the last 3 late raises the probability
- Equity €634,869 (86.8% of total assets) lowers the probability
Credit up to €55,000 at 30 days acceptable
Liquidity ample (current ratio 6.3 against 16.26 in 2023; short-term debt: 13.2% and cash: 60.3% of total assets), and 13.2% 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 (no NACE code, micro). Better than this share of them on solvency 81%, liquidity 89%, profitability 68%, growth against the median 59%. 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.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
44 d late
2022
56 d late
2021
74 d late
2020
24 d late
2019
138 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 66 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Liquidity doublescurrent ratio 16.26
Key points
By topic
Timeline
- Events
- 17
- Since
- 2016
- 30-09-2025Annual accounts filed
- 13-09-2024Annual accounts filed
- 31-12-2023Liquidity doubles
Company details
- Sites
- 1
- Legal form
- Private limited company
- Founded
- 16-11-2001
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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