Bankrupt · Opening faillissement (CBE)

Selection Energy

BE0672547124

Rechtspersoon Private limited company 1 establishment

Rue Godin 157 box B, 5350 Ohey

Start date

9 March 2017

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 8 % of short-term debt in 2022; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2022

Selection Energy from Ohey, company number BE0672547124, closed financial year 2022 with a result of € -36,104 after tax. For that financial year Selection Energy recorded a gross margin of € -1,998 and equity of € 6,547. Compared with financial year 2021, the result moved from € 25,871 to € -36,104. The company made a loss. The buffer shrank hard: equity is 85 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 24, 2023.

What it is worth Shrank hard

€ 6,547

▼ 85% vs 2021

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -36,104

▼ still € 25,871 profit in 2021

Profit after tax over the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -6,404.

People and assets in 2022

Wage cost

€ 21,407

▼ 55% vs 2021

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 3,177

▼ 50% vs 2021

Book value of vehicles, furniture and equipment.

Debts at end 2022

Bank debt

€ 8,444

▲ 58% vs 2021

Loans from banks and other lenders, long and short.

Taxes

€ 934

▼ 97% vs 2021

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
20212022Change 2021 → 2022
Gross margin € 93,419 € -1,998 ▼ € 95,417
Profit after taxes € 25,871 € -36,104 ▼ € 61,975
Equity € 42,651 € 6,547 ▼ 85%
Total debts € 51,784 € 29,086 ▼ 44%
Cash € 22,206 -
Retained profit € 29,700 € -6,404 ▼ € 36,104
Dividend € 17,500 € 0 ▼ 100%
Bank debt € 5,342 € 8,444 ▲ 58%
Balance sheet total € 94,435 € 35,633 ▼ 62%

Key figures of Selection Energy, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.

What happened to Selection Energy?

What happened at Selection Energy in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Selection Energy is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2022: loss of € 36,104 (▼ € 61,975 vs 2021). filed late Source: NBB ↗
  • New establishment in Ohey. KBO
  • Start of the company according to the CBE. KBO

In short

From € 25,871 profit in 2021 to € 36,104 loss in 2022.

Paid € 4,291 in corporate taxes since 2021.

Best year ever: 2021, with € 25,871 profit.

Paid out € 17,500 in dividends to the owners in total.

Establishments

Establishment units

Physical locations of this company

Registered office

Rue Godin 157 box B

5350 Ohey

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0672.547.124
VAT number
BE 0672.547.124
Registered office
Rue Godin 157 bus B, 5350 Ohey
Names & denominations
Selection Energy
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
9 March 2017
Peppol
Not registered

Frequently asked questions

What is the address of Selection Energy?
The registered office of Selection Energy is located at Rue Godin 157 box B, 5350 Ohey.
Is Selection Energy still active?
No. The CBE lists Selection Energy with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is Selection Energy registered on Peppol?
No, Selection Energy is currently not registered on the Peppol network.
What is the enterprise number of Selection Energy?
The enterprise number of Selection Energy is BE0672547124.
When was Selection Energy founded?
Selection Energy was founded on 9 March 2017.
Is Selection Energy a reliable company?
Databakkes does not pass judgement; this is what the sources say: Opening faillissement according to the CBE, started on 9 March 2017; 2 annual accounts filed, latest fiscal year 2022.