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Checked.be
Complete company report
Generated 29-08-2026
Active BE 0737.952.145Private limited company

CO SELECTION

· 6 yrs active
Conclusion Checked

The KBO register records legal situation 050 for CO SELECTION (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2020 annual accounts show equity of €26k and a net result of €13k.

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €26k
Net result €13k
Staff (FTE) 0.1
Active 6 yrs
Financial profile 4 of 5 axes measured · computed by Checked
Health18Profitability100Solvency75Growth-Stability0
48 / 100

Mixed profile: strong on profitability, weaker on stability.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 18
Profitability 100
Solvency 75
Growth -
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
20 / 100
High riskRegister: open bankruptcy
This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· 2 historical bankruptcy publications (+20)
Trust signals 2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2020 · computed
18 / 100 Critical
050100
Computed from 3 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2020 and the legal situation the KBO register itself records. Indicative, not credit advice.
Financial overview1 NBB filings
Annual accounts filed on 17-08-2021 with the NBB · fiscal year 2020 · micro
Fiscal year2020
Depositmicro
Revenue-
EBITDA€30k
Net profit€13k
Cash flow€25k
Staff costs-
Income taxes€5k
Dividends-
Total assets€92k
Equity€26k
Debt€67k
of which ≤ 1y€27k
of which > 1y€40k
Working capital€55k
Employees (FTE)0.1
Ratios (computed)
2020
Current ratio3.03
Quick ratio1.55
Working capital ratio59.6%
Solvency27.7%
Debt / equity1.55
Long-term debt ratio1.55
Interest coverage-
Gross margin-
Net margin-
ROA14.1%
ROE51.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2020
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2020
Balance sheet, Assets
TOTAL ASSETS 20/58€92k
Fixed assets 21/28€10k
Tangible fixed assets 22/27€8k
Financial fixed assets 28€2k
Current assets 29/58€82k
Stocks & contracts in progress 3€40k
Amounts receivable within one year 40/41€38k
Cash & bank 54/58€4k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€92k
Equity 10/15€26k
Accumulated profits (losses) 14€13k
Amounts payable 17/49€67k
Amounts payable after one year 17€40k
Amounts payable within one year 42/48€27k
Trade debts payable within one year 44€114
Income statement
Gross operating margin 9900€46k
Operating result 9901€18k
Financial income 75€552
Financial charges 65€313
Result before taxes 9903€18k
Income taxes 67/77€5k
Net result for the period 9904€13k
Result to be appropriated 9905€13k
Ratios computed by Checked.
Directors & mandates1 person
Role Name Tenure Source
Curator NICOLAS CLAERHOUT
KONING ALBERTSTRAAT 25/1, 9900 EEKLO
 29-11-2022 → present Belgian State Gazette
Legal Structure
NACE primary -
Legal form Private limited company(610)
Incorporation22-11-2019
StatusActive
Postal code-
First insolvency signal 05-12-2022
Latest insolvency signal 20-04-2026
Establishment units 1 location
CO SELECTION
Eksaardserijweg 248, 9041 GentVerwerking en conservering van vlees, exclusief vlees van gevogelte
since 20192.296.376.515
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44013A0100/00N002 Flanders 2,609 m² 1 · 225 m² -
44051B0949/00A000 Flanders 1,173 m² 1 · 136 m² 8.1 m · 2 fl.
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.
Updates 4 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
20-04-2026
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Gent · CO SELEC- TION BV EUROPALAAN 10, 9070 DESTELBERGEN · event 14-04-2026
2022
05-12-2022
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Gent · CO SELECTION BV EUROPA- LAAN 10, 9070 DESTELBERGEN · event 29-11-2022
25-03-2022
State Gazette act Registered-office change
2021
17-08-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
Lifecycle & Insolvency Signals2 events
20-04-2026
Bankruptcy Bankruptcy closure (insufficient assets)
Date: 14-04-2026 · Ondernemingsrechtbank Gent, afdeling Gent · CO SELEC- TION BV EUROPALAAN 10, 9070 DESTELBERGEN · Publications in State Gazette ↗
Full insolvency chronology

The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.

We hold 1 further earlier event in this file, covering 29-11-2022 to 14-04-2026.

Available in Kantoor S. See plans →
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262022-12-05 · Bankruptcy · Opening2026-04-20 · Bankruptcy · Bankruptcy closure (insufficient assets)
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage 0 of 4 acts read

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts
Address history · 1
25-03-2022
Registered-office move
All acts · 1 updated 4 years ago
2022
25-03-2022 Registered office moved from OOSTAKKER to DESTELBERGEN Registered-office change
  • Eksaardserijweg 248/B - 9041 OOSTAKKER → 9070 DESTELBERGEN, Europalaan 10
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "9070 DESTELBERGEN, Europalaan 10",
        "city": "DESTELBERGEN",
        "region": "vlaams_gewest",
        "street": "Europalaan",
        "country": "BE",
        "postcode": "9070",
        "box_number": null,
        "street_number": "10",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Eksaardserijweg 248/B - 9041 OOSTAKKER",
        "city": "OOSTAKKER",
        "region": "vlaams_gewest",
        "street": "Eksaardserijweg",
        "country": "BE",
        "postcode": "9041",
        "box_number": "B",
        "street_number": "248",
        "locality_suffix": null
      },
      "effective_date": "2022-03-17",
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "immediate",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2022-03-25",
    "filing_date": "2022-03-17",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "bijzondere_algemene_vergadering",
    "date": "2022-03-16",
    "unanimous": null
  },
  "subject_company": {
    "kbo": "0737.952.145",
    "name_full": "CO SELECTION",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "\u00D6zt\u00FCrk Cagatay",
    "org_rep_person_name": null,
    "person_role_at_subject": "Bestuurder"
  },
  "co_filed_documents": []
}
Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameNL CO SELECTION
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative