SELTEI
ActiveSummary
SELTEI has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16k and a net result of €-5k. Equity is shrinking by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 87% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency100▲+10
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 8.95 against 4.16 in 2024; short-term debt: 10.8% and cash: 90.9% of total assets), and 10.8% of the assets are financed with debt.
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Signals
Five 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · 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 2025Solvency, return and age of the figures
Solvency
89.2%
Return on assets
-25.6%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
3 d early
2023
4 d early
2022
on the day
2021
4 d early
2020
31 d early
2019
70 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Financials · fiscal year 2025, micro schema
Equity
€16k▼ 27.6%
2024 · €23k
Total assets
€18k▼ 47.7%
2024 · €35k
Net result
€-5k
2024 · €15k
Working capital
€16k▼ 39.2%
2024 · €26k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€43k▲ 217%€28k▼ 34.8%€10k▼ 62.8%€21k▲ 102%€-3k
Net result€29k▲ 147%€19k▼ 34.9%€5k▼ 75.2%€15k▲ 216%€-5k
Equity€21k▲ 1.6%€20k▼ 3.1%€25k▲ 23.1%€23k▼ 10.6%€16k▼ 27.6%
Total assets€58k▲ 32.3%€55k▼ 5.9%€35k▼ 36.6%€35k▲ 0.3%€18k▼ 47.7%
Debt€37k▲ 59.6%€34k▼ 7.4%€10k▼ 72.0%€12k▲ 28.8%€2k▼ 84.1%
Working capital€19k▲ 6.8%€18k▼ 7.9%€24k▲ 33.0%€26k▲ 8.2%€16k▼ 39.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €3k after €21k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €18k
Fixed assets
€630 ▼ 37.7%
Current assets
€18k ▼ 48.0%
Equity and liabilities €18k
Equity
€16k ▼ 27.6%
Debt
€2k ▼ 84.1%
Debt's share of the balance-sheet total falls from 35.5% to 10.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-3k▼
2024 · €21k
Cash flow
€-4k▼
2024 · €15k
Current ratio
8.95▲
2024 · 4.16
Debt to equity
0.12▼
2024 · 0.55
ROE
-28.7%▼
2024 · 66.5%
ROA
-25.6%▼
2024 · 42.9%
Interest coverage
-26.85▼
2024 · 156.26
Debt ≤ 1 year
€2k▼
2024 · €8k
Income taxes
€2k▼
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €896 | €1k | €1k | €381 | €381 | = |
| Other operating charges640/8 | €750 | €829 | €860 | €892 | €924 | ▲ 3.5% |
| Gross operating margin9900 | €45k | €30k | €12k | €22k | €-2k | ▼ 108% |
| Operating profit (loss)9901 | €43k | €28k | €10k | €21k | €-3k | ▼ 115% |
| Financial income75/76B | - | €23 | €1 | €222 | €50 | ▼ 77.4% |
| Recurring financial income75 | - | €23 | €1 | €222 | €50 | ▼ 77.4% |
| Financial charges65/66B | €131 | €125 | €240 | €137 | €102 | ▼ 25.9% |
| Recurring financial charges65 | €131 | €125 | €240 | €137 | €102 | ▼ 25.9% |
| Profit (loss) for the period before taxes9903 | €43k | €28k | €10k | €21k | €-3k | ▼ 115% |
| Income taxes67/77 | €13k | €9k | €5k | €6k | €2k | ▼ 75.4% |
| Profit (loss) for the period9904 | €29k | €19k | €5k | €15k | €-5k | ▼ 131% |
| Profit (loss) for the period to be appropriated9905 | €29k | €19k | €5k | €15k | €-5k | ▼ 131% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €58k | €55k | €35k | €35k | €18k | ▼ 47.7% |
| Fixed assets21/28 | €2k | €3k | €1k | €1k | €630 | ▼ 37.7% |
| Tangible fixed assets22/27 | €2k | €3k | €1k | €1k | €630 | ▼ 37.7% |
| Furniture and vehicles24 | €2k | €3k | €1k | €1k | €630 | ▼ 37.7% |
| Current assets29/58 | €57k | €52k | €33k | €34k | €18k | ▼ 48.0% |
| Amounts receivable within one year40/41 | €21k | €15k | €18k | €10k | €371 | ▼ 96.4% |
| Trade receivables40 | €21k | €13k | €12k | €9k | - | - |
| Other amounts receivable41 | €268 | €2k | €5k | €2k | €371 | ▼ 77.4% |
| Cash at bank and in hand54/58 | €34k | €36k | €14k | €19k | €17k | ▼ 11.0% |
| Deferred charges and accrued income490/1 | €1k | €1k | €2k | €5k | €660 | ▼ 86.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €58k | €55k | €35k | €35k | €18k | ▼ 47.7% |
| Equity10/15 | €21k | €20k | €25k | €23k | €16k | ▼ 27.6% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | - | - | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €652 | - | €5k | €2k | €-4k | ▼ 301% |
| Amounts payable17/49 | €37k | €34k | €10k | €12k | €2k | ▼ 84.1% |
| Amounts payable within one year42/48 | €37k | €34k | €10k | €8k | €2k | ▼ 75.8% |
| Trade debts44 | €279 | €7k | €4k | €7k | €1k | ▼ 79.1% |
| Suppliers440/4 | €279 | €7k | €4k | €7k | €1k | ▼ 79.1% |
| Taxes, remuneration and social security45 | €12k | €8k | €6k | €1k | €500 | ▼ 54.4% |
| Taxes450/3 | €12k | €8k | €6k | €1k | €500 | ▼ 54.4% |
| Other amounts payable47/48 | €25k | €20k | €27 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €4k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €29k | €19k | €5k | €15k | €-5k | ▼ 131% |
| + Depreciation and write-downs630 | €896 | €1k | €1k | €381 | €381 | = |
| Operating cash flow (approximation) | €30k | €20k | €6k | €15k | €-4k | ▼ 128% |
| Investment in fixed assets (approximation) | - | €-2k | €0 | €0 | €0 | - |
| Change in cash | - | €2k | €-22k | €5k | €-2k | ▼ 142% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity doublescurrent ratio 8.95
Current ratio from 4.16 to 8.95; short-term debt falls from €8k to €2k.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 3.47
Current ratio from 1.52 to 3.47; short-term debt falls from €34k to €10k.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €29k ▲147%
Operating result €43k, net result €29k, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €12k
Net result €12k after 2 loss-making years.
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 70 days late
2019
31-12
Financial
Liquidity times 22current ratio 18.95
Current ratio from 0.87 to 18.95; short-term debt falls from €9k to €1k.
Show earlier events
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Rixensart · 1 establishment unit since 2014
Ground area
1,106 m²
Building footprint
106 m²
Volume, LiDAR
717 m³
Parcel 25033B1205/00A000, Wallonia · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Val de la Rivière 14, 1332 Rixensart
since 20142.233.313.944
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25033B1205/00A000 | Wallonia | 1,106 m² | 1 · 106 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 82,632 companies in sector 70200 we hold annual accounts for 52,575. 28,339 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-07-2014
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
71112Activities of interior architects
71121Engineering and related technical consultancy, excluding land surveyors
Scores and ratios are computed by Checked and are not a credit decision.