SELTAS
BankruptcyThe KBO register records for SELTAS the legal situation: open bankruptcy (code 050); this is today's state according to the register itself, which carries no start date. The 2023 annual accounts show equity of €22k and a net result of €88k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 07-06-2024, 54 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
54 d early
2022
312 d late
2021
153 d late
2020
31 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2023, micro schema
Equity
€22k
2022 · €-76k
2020: €12k
2021: €26k
2022: €-76k
2020 → 2023
Total assets
€81k▼ 66.6%
2022 · €243k
2020: €281k
2021: €395k
2022: €243k
2020 → 2023
Net result
€88k
2022 · €-88k
2020: €12k
2021: €14k
2022: €-88k
2020 → 2023
Working capital
€-3k▲ 97.7%
2022 · €-134k
2020: €-68k
2021: €-53k
2022: €-134k
2020 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2020202120222023Trend
Equity€12k-€26k▲ 119%€-76k€22k
Operating result€25k-€27k▲ 9.7%€-66k€11k
Net result€12k-€14k▲ 18.7%€-88k€88k
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 2023: €11k after a loss of €66k in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €81k
Fixed assets
€25k▼ 80.8%
Current assets
€56k▼ 49.5%
Equity and liabilities €81k
Equity
€22k
Debt
€59k
Debt finances 72.4% of the balance-sheet total.
Key figures and ratios
Solvency
27.6%▲
2022 · -31.4%
Current ratio
0.95▲
2022 · 0.45
Quick ratio
0.95▲
2022 · 0.45
Debt / equity
2.62▲
2022 · -4.18
ROE
393.0%
ROA
108.5%▲
2022 · -36.2%
Debt
€59k▼
2022 · €319k
Debt ≤ 1 year
€59k▼
2022 · €244k
Staff costs
€8k▼
2022 · €83k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€243k€81k▼
Fixed assets21/28€133k€25k▼
Tangible fixed assets22/27€95k€4k▼
Plant, machinery and equipment23-€1k
Furniture and vehicles24€10k€2k▼
Leasing and similar rights25€85k-
Financial fixed assets28€38k€22k▼
Current assets29/58€110k€56k▼
Amounts receivable within one year40/41€108k€56k▼
Trade receivables40€108k€52k▼
Other amounts receivable41€516€3k▲
Cash at bank and in hand54/58€2k€4▼
Equity and liabilities
Total equity and liabilities10/49€243k€81k▼
Equity10/15€-76k€22k▲
Reserves13€12k€12k=
Distributable reserves133€12k€12k=
Profit (loss) carried forward14€-88k€11k▲
Amounts payable17/49€319k€59k▼
Amounts payable after more than one year17€65k-
Financial debts170/4€65k-
Amounts payable within one year42/48€244k€59k▼
Financial debts43€19k€19k=
Credit institutions430/8€19k€19k=
Trade debts44€222k€18k▼
Suppliers440/4€222k€18k▼
Taxes, remuneration and social security45€2k€11k▲
Taxes450/3€2k€11k▲
Remuneration and social security454/9-€728
Other amounts payable47/48€249€10k▲
Accrued charges and deferred income492/3€11k-
Income statement
Code20222023
Remuneration, social security and pensions62€83k€8k▼
Other operating charges640/8€10k€68k▲
Gross operating margin9900€27k€87k▲
Operating profit (loss)9901€-66k€11k▲
Financial income75/76B-€78k
Recurring financial income75-€78k
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€-68k€88k▲
Income taxes67/77€20k-
Profit (loss) for the period9904€-88k€88k▲
Profit (loss) for the period to be appropriated9905€-88k€88k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-88k€11k▲
Profit (loss) brought forward from the previous period14P-€-77k
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
07-05
KBO administration
Address struck
Eedverbondkaai 242 Die Sitzadresse Eedverbondkaai 242 9000
Gent · event 06-04-2025
2024
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 312 days late
2023
31-12
Financial
Back to profitnet €88k
Net result €88k after one loss-making year.
2022
31-12
Financial
Weakest financial yearnet €-88k ▼734%
Net result drops to €-88k, the lowest in the series.
31-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 153 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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
1 establishment unit since 2019
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.
Ground area
1,794 m²
Building footprint
901 m²
Volume, LiDAR
8,077 m³
Parcel 44809I0826/00R000, Flanders · tallest building 20.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SELTAS
since 20192.295.802.433
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44809I0826/00R000 | Flanders | 1,794 m² | 1 · 901 m² | 20.1 m · 1 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.
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Of 10,672 companies in sector 47811 we hold annual accounts for 5,222. 2,757 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-11-2019
Fiscal year end31-12
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
49410Freight transport by road
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.