Selux Construction
ActiveThe computed 12-month bankruptcy probability of Selux Construction is 1.7% (moderate). For Selux Construction, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €82k and a net result of €-37k. Equity remains stable across the filed fiscal years (±2% per year). Its solvency ranks better than 92% of 9009 sector peers (fiscal year 2023). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability0▼-66
Solvency100=
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2023Solvency, return and age of the figures
Solvency
84.6%
Return on assets
-38.2%
Age of the figures
33 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 8 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline19-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 07-10-2024, 68 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
68 d late
2022
68 d late
2021
76 d late
2020
89 d late
2019
116 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€82k▼ 31.1%
2022 · €119k
2018: €92k
2019: €110k
2020: €119k
2021: €122k
2022: €119k
2018 → 2023
Total assets
€97k▼ 26.2%
2022 · €131k
2018: €179k
2019: €185k
2020: €159k
2021: €142k
2022: €131k
2018 → 2023
Net result
€-37k▼ 1,366%
2022 · €-3k
2018: €41k
2019: €11k
2020: €9k
2021: €2k
2022: €-3k
2018 → 2023
Working capital
€78k▼ 29.9%
2022 · €112k
2018: €81k
2019: €83k
2020: €97k
2021: €109k
2022: €112k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€110k-€119k▲ 8.5%€122k▲ 1.9%€119k▼ 2.1%€82k▼ 31.1%
Operating result€16k-€14k▼ 13.8%€4k▼ 73.1%€-2k€-36k▼ 1,540%
Net result€11k-€9k▼ 11.1%€2k▼ 76.0%€-3k€-37k▼ 1,366%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €36k in 2023 against €2k in 2022; the loss grows and 2023 has the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €97k
Fixed assets
€4k▼ 60.6%
Current assets
€93k▼ 23.4%
Equity and liabilities €97k
Equity
€82k▼ 31.1%
Debt
€15k▲ 21.4%
The debt ratio rises from 9.3% to 15.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-35k▼
2022 · €7k
Cash flow
€-35k▼
2022 · €6k
Solvency
84.6%▼
2022 · 90.7%
Current ratio
6.25▼
2022 · 12.07
Quick ratio
6.25▼
2022 · 12.07
Debt / equity
0.18▲
2022 · 0.10
ROE
-45.2%▼
2022 · -2.1%
ROA
-38.2%▼
2022 · -1.9%
Interest coverage
-48.96▼
2022 · 21.79
Debt
€15k▲
2022 · €12k
Debt ≤ 1 year
€15k▲
2022 · €10k
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€131k€97k▼
Fixed assets21/28€10k€4k▼
Tangible fixed assets22/27€10k€4k▼
Land and buildings22-€2k
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€7k-
Current assets29/58€122k€93k▼
Amounts receivable within one year40/41€101k€90k▼
Trade receivables40€43k€23k▼
Other amounts receivable41€59k€66k▲
Cash at bank and in hand54/58€19k€3k▼
Deferred charges and accrued income490/1€713-
Equity and liabilities
Total equity and liabilities10/49€131k€97k▼
Equity10/15€119k€82k▼
Contributions10/11€13k€13k=
Reserves13€65k€65k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€63k€63k=
Profit (loss) carried forward14€41k€4k▼
Amounts payable17/49€12k€15k▲
Amounts payable within one year42/48€10k€15k▲
Current portion of amounts payable after more than one year42€531-
Trade debts44€5k€10k▲
Suppliers440/4€5k€10k▲
Taxes, remuneration and social security45€898€1k▲
Taxes450/3€898€1k▲
Other amounts payable47/48€4k€4k=
Accrued charges and deferred income492/3€2k-
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€2k▼
Other operating charges640/8€229€1k▲
Non-recurring operating charges66A-€1k
Gross operating margin9900€7k€-32k▼
Operating profit (loss)9901€-2k€-36k▼
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€312€707▲
Recurring financial charges65€312€707▲
Profit (loss) for the period before taxes9903€-3k€-37k▼
Profit (loss) for the period9904€-3k€-37k▼
Profit (loss) for the period to be appropriated9905€-3k€-37k▼
Appropriation of the result
Profit (loss) to be appropriated9906€41k€4k▼
Profit (loss) brought forward from the previous period14P€44k€41k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
31-12
Financial
Weakest financial yearnet €-37k
Net result drops to €-37k, the lowest in the series.
07-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 68 days late
2022
15-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 76 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
24-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 116 days late
2019
31-12
Financial
Equity above €100kEq €110k ▲19%
2 profitable years in a row build equity to €110k.
12-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 73 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
08-10-2025
Gungor Hakan: Resigned as Director
25-02-2016
Bekir Seval: Resigned as Manager
Location & real-estate footprint
Registered office, Willebroek · 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.
Bedrijvenpark De Veert 12830 WillebroekGround area
1,284 m²
Building footprint
1,284 m²
Volume, LiDAR
7,159 m³
2 parcels, Flanders · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Selux Construction
since 20152.251.758.493
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12040A0524/00R003 | Flanders | 1,198 m² | 1 · 1,198 m² | 7.1 m · 2 fl. |
| 11622C0034/00C006 | Flanders | 86 m² | 1 · 86 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
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CLIMMO BORNEM
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Nick Deburghgraeve
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DEMOTEK
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Of 29,803 companies in sector 41001 we hold annual accounts for 16,040. 13,189 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded06-07-2015
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43221Plumbing work
43310Plastering work
43410Roofing work
43422Screed work
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.