Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2022; threshold 65 %.
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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.
€ 6,547
▼ 85% vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -36,104
▼ still € 25,871 profit in 2021
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -6,404.
People and assets in 2022
€ 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.
€ 3,177
▼ 50% vs 2021
Book value of vehicles, furniture and equipment.
Debts at end 2022
€ 8,444
▲ 58% vs 2021
Loans from banks and other lenders, long and short.
€ 934
▼ 97% vs 2021
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | Change 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
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