Selas
ActiveSelas has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €539k and a net result of €69k. Equity is growing by ~34.2% per year across the filed fiscal years. Its solvency ranks better than 60% of 2671 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
93
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability64▼-36
Solvency98=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 2.29 against 2.61 in 2024), and 41.4% of the assets are financed with debt.
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
58.6%
Return on assets
7.5%
Age of the figures
8 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 29-05-2026, 63 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
63 d early
2024
69 d early
2023
76 d early
2022
40 d early
2021
33 d early
2020
42 d early
2019
44 d early
← before the deadline
after the deadline →
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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€539k▲ 14.7%
2024 · €470k
2018: €83k
2019: €93k
2020: €100k
2021: €162k
2022: €222k
2023: €296k
2024: €470k
2018 → 2025
Total assets
€919k▲ 14.7%
2024 · €801k
2018: €329k
2019: €400k
2020: €450k
2021: €444k
2022: €774k
2023: €681k
2024: €801k
2018 → 2025
Net result
€69k▼ 60.3%
2024 · €174k
2018: €26k
2019: €9k
2020: €75k
2021: €96k
2022: €71k
2023: €74k
2024: €174k
2018 → 2025
Working capital
€485k▲ 12.4%
2024 · €432k
2018: €111k
2019: €169k
2020: €155k
2021: €132k
2022: €338k
2023: €244k
2024: €432k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€162k-€222k▲ 36.8%€296k▲ 33.4%€470k▲ 58.7%€539k▲ 14.7%
Operating result€135k-€108k▼ 19.9%€107k▼ 1.4%€249k▲ 133%€97k▼ 60.8%
Net result€96k-€71k▼ 26.0%€74k▲ 4.7%€174k▲ 135%€69k▼ 60.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 61% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €919k
Fixed assets
€58k▼ 42.9%
Current assets
€861k▲ 23.1%
Equity and liabilities €919k
Equity
€539k▲ 14.7%
Debt
€380k▲ 14.8%
The debt ratio stays at 41.4%.
Key figures and ratios
EBITDA
€164k▼
2024 · €333k
Cash flow
€136k▼
2024 · €258k
Solvency
58.6%=
2024 · 58.7%
Current ratio
2.29▼
2024 · 2.61
Quick ratio
2.29▼
2024 · 2.61
Debt / equity
0.71▲
2024 · 0.70
ROE
12.8%▼
2024 · 37.0%
ROA
7.5%▼
2024 · 21.7%
Interest coverage
49.28▼
2024 · 63.94
Debt
€380k▲
2024 · €331k
Debt ≤ 1 year
€376k▲
2024 · €268k
Debt > 1 year
€4k▼
2024 · €59k
Income taxes
€25k▼
2024 · €70k
Staff costs
€648k▲
2024 · €477k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€801k€919k▲
Fixed assets21/28€102k€58k▼
Intangible fixed assets21€56k€10k▼
Tangible fixed assets22/27€44k€45k▲
Plant, machinery and equipment23€18k€29k▲
Furniture and vehicles24€21k€14k▼
Other tangible fixed assets26€4k€3k▼
Financial fixed assets28€2k€2k=
Current assets29/58€699k€861k▲
Amounts receivable within one year40/41€272k€453k▲
Trade receivables40€272k€448k▲
Other amounts receivable41-€5k
Cash at bank and in hand54/58€417k€383k▼
Deferred charges and accrued income490/1€10k€26k▲
Equity and liabilities
Total equity and liabilities10/49€801k€919k▲
Equity10/15€470k€539k▲
Contributions10/11€20k€20k=
Reserves13€450k€519k▲
Distributable reserves133€450k€519k▲
Amounts payable17/49€331k€380k▲
Amounts payable after more than one year17€59k€4k▼
Financial debts170/4€59k€4k▼
Amounts payable within one year42/48€268k€376k▲
Current portion of amounts payable after more than one year42€57k€51k▼
Financial debts43€28k€0▼
Other loans439€28k€0▼
Trade debts44€23k€108k▲
Suppliers440/4€23k€108k▲
Taxes, remuneration and social security45€151k€217k▲
Taxes450/3€97k€123k▲
Remuneration and social security454/9€55k€94k▲
Other amounts payable47/48€7k€0▼
Accrued charges and deferred income492/3€4k€0▼
Income statement
Code20242025
Non-recurring operating income76A€42k€0▼
Remuneration, social security and pensions62€477k€648k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€84k€67k▼
Other operating charges640/8€1k€1k▼
Gross operating margin9900€811k€813k▲
Operating profit (loss)9901€249k€97k▼
Financial income75/76B€495€338▼
Recurring financial income75€495€338▼
Financial charges65/66B€5k€3k▼
Recurring financial charges65€5k€3k▼
Profit (loss) for the period before taxes9903€244k€94k▼
Income taxes67/77€70k€25k▼
Profit (loss) for the period9904€174k€69k▼
Profit (loss) for the period to be appropriated9905€174k€69k▼
Appropriation of the result
Profit (loss) to be appropriated9906€174k€69k▼
Transfer to equity691/2€174k€69k▼
To other reserves6921€174k€69k▼
Social balance
Average headcount (FTE)90876.79.8▲
The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-08
State Gazette act
Resignations & appointmentsGeneral meeting · Director appointment · Permanent representative9 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director appointment · Permanent representative9 facts ▸
- General meeting, 30/03/2026
- Director appointment, QUATROBEL (bestuurder)
- Director appointment, MIGSOFFICE.COM (bestuurder)
- Director appointment, KEM (bestuurder)
- Director appointment, Gaux Projects (bestuurder)
- Permanent representative, Johan Vanovenberghe
- Permanent representative, Michaël Demeuse
- Permanent representative, Kristof Eykens
- Permanent representative, Margaux De Paepe
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €500kEq €539k ▲14.7%
8 profitable years in a row build equity to €539k.
23-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €174k ▲135%
Operating result €249k, net result €174k, both a record.
16-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
21-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Equity above €200kEq €222k ▲36.8%
5 profitable years in a row build equity to €222k.
28-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Equity above €150kEq €162k ▲62.6%
4 profitable years in a row build equity to €162k.
19-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
17-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Weakest financial yearnet €9k ▼63.8%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
19-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2026
This board is reconstructed from a single act (26353398). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Gaux Projects
CurrentDirector · since 30-03-2026 · Private limited company · perm. rep.: Margaux De Paepe
KEM
CurrentDirector · since 30-03-2026 · Private limited company · perm. rep.: Kristof Eykens
MIGSOFFICE.COM
CurrentDirector · since 30-03-2026 · Private limited company · perm. rep.: Michaël Demeuse
QUATROBEL
CurrentDirector · since 30-03-2026 · Private limited company · perm. rep.: Johan Vanovenberghe
30-03-2026
Gaux Projects: Appointed as Director
30-03-2026
KEM: Appointed as Director
30-03-2026
MIGSOFFICE.COM: Appointed as Director
30-03-2026
QUATROBEL: Appointed as Director
Location & real-estate footprint
Registered office, Lille · 2 establishment units since 2014
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.
Achterstenhoek 462275 LilleGround area
958 m²
Building footprint
181 m²
Volume, LiDAR
1,707 m³
Parcel 13019D0017/00G000, Flanders · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Selas
since 20142.238.024.085
Selas
since 20252.371.109.570
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13019D0017/00G000 | Flanders | 958 m² | 1 · 181 m² | 11.3 m · 3 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.
Structure & network
Ownership & control
4 partiesControl over this companysits on this company's board4
1 subsidiary · 1 location
1 subsidiary · 1 location
1 subsidiary · 1 location
1 subsidiary · 1 location
controls
SelasBE 0507.706.314
Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 64,740 EUR awarded · 64,740 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 15,050 EUR | 15,050 EUR |
| 2024 | 1 | 10,843 EUR | 10,843 EUR |
| 2023 | 1 | 16,779 EUR | 16,779 EUR |
| 2022 | 2 | 22,068 EUR | 22,068 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Individueel Maatwerk
Similar companies · same sector, comparable size
SEROMIS
BE 0897.181.407
Rebecq · Eq €539k
DomoComm
BE 0464.987.118
Leuven · Eq €539k
ARCO INFORMATION
BE 0449.888.671
Mechelen · Eq €538k
OFFIMED
BE 0550.416.701
Namur · Eq €540k
Cronos aan de Leie
BE 0677.544.208
Kortrijk · Eq €538k
Of 29,885 companies in sector 62200 we hold annual accounts for 18,321. 11,607 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-12-2014
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.