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LUX-SEL

Active
Public limited companyfounded 1990active for 36 yearsGodshuislaan 23, 8800 Roeselare, BelgiumKBO/BCE: BE 0440.622.795
Summary

The annual accounts of LUX-SEL for financial year 2025 show a net loss of 58% of the equity at the start of that year. The 2025 annual accounts show equity of €94,557 and a net result of -€133,148. Equity has been growing by about 10% per year since 2018. Its solvency ranks better than 22% of 6,172 sector peers (NACE 46, financial year 2025). The company has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Official details

Source: KBO
Status
Active since 10-05-1990 Normal situation
Activity
Non-specialised wholesale trade NACE 46900and 11 others
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment unit
2.048.504.495 8800 Roeselare, since 08-06-1990
Financial year end
31 December
Peppol
Reachable since 20-11-2020

Board and ownership

Board
  • BEMINADirector · since 18-08-2021 · permanent representative Benoît Quatannens
Shareholders
  • BEMINA2025 annual accounts of BEMINA

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.0%
Annual accounts 2025
Gross margin
€42,678
▼ 46.9%
Turnover
≈ €350,000
estimated
Loss
€133,148
Equity
€94,557
▼ 58.5%
Total assets
€474,400
▼ 0.9%
Employees on 31-12-2025
2
▲ 100%
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €133,148 (financial year 2025)Equity €94,557 (19.9% of total assets)lowers riskFigures for financial year 2025 (filed on 07-07-2026)Founded in 1990Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 18% of micro companies in wholesale trade (NACE 46)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 45-28
equity 19.9% of total assets
Liquidity 27-23
short-term debt 66.2% · cash 9.9%
Profitability 0-45
return on assets -28.1%
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,900 companies, NACE 46, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%▼ -0.1 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.1%▼ -0.1 percentage points vs 12-2025 02-2026: 0.2%▲ +0.1 percentage points vs 01-2026 03-2026: 0.1%▼ -0.1 percentage points vs 02-2026 04-2026: 0.2%▲ +0.1 percentage points vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 1.0%▲ +0.8 percentage points vs 07-2026highest value 09-2026: 1.0%● unchanged vs 08-2026highest value 10-2026: 1.0%● unchanged vs 09-2026highest value 11-2026: 1.0%● unchanged vs 10-2026highest value
Credit of up to €5,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is tight, with a current ratio of 1.23 (2.47 in 2024), below the usual 1.5. Short-term debt is 66.2% and cash 9.9% of total assets. 80.1% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 31% of them on solvency, 25% on liquidity, 6% on profitability and 8% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €133,148 (financial year 2025)
NBB · annual accounts
raises risk · Equity €94,557 (19.9% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 07-07-2026)
NBB · annual accounts
lowers risk · Founded in 1990
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 6172 sector peers (2025).
NBB · sector comparison
Position among 6172 sector peers
Solvency
better than 22%
← weakest strongest →
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 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
24 days early
2024
6 days late
2023
34 days early
2022
63 days late
2021
31 days late
2020
50 days early
2019
12 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 1 day after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 6 August (4 of the last 5 accounts filed within 39 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2025after a profit of €8,475 in 2024 -€133,148 View
  • Caution: Lower net result than 88% of companies in wholesale tradesector median €110,982 · 6,106 companies -€133,148 View

Recent changes

  1. · Gazette deed 1 director appointed, 2 directors resigningChange of role: BEMINA, from director to niet statutaire enige bestuurder · Resignation: Piet Casneuf (director) · Permanent representative: Benoît Quatannens
  2. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as LUX-SEL: non-specialised wholesale trade (NACE 46900). They are comparable in size and age: total assets between €264,000 and €976,000, founded between 1987 and 1995.

CompanyTotal assetsGross margin
LUX-SEL Roeselare€474,400€42,678
BORIMEX Wommelgem€810,790€98,911
TONIM Ans€475,542€112,258
TRADEPA Vorst€263,587€99,355
MEVOGRO PRODUCTS Hulshout€975,704€91,842
ABYDOS Ichtegem€725,089€154,349
INTERART - INTERGIFT Brugge€938,602€150,569
Full comparison

Key facts about LUX-SEL

What is the company number of LUX-SEL?
The company number of LUX-SEL is 0440.622.795. The VAT number is the same number with BE in front: BE 0440.622.795.
Where is LUX-SEL based?
The registered office is at Godshuislaan 23, 8800 Roeselare.Company details
What does LUX-SEL do?
According to the KBO register, the main activity is non-specialised wholesale trade (NACE 46900).
What is the legal form of LUX-SEL?
The legal form of LUX-SEL is Public limited company (NV).
When was LUX-SEL founded?
LUX-SEL was founded on 10-05-1990.
Is LUX-SEL still active?
Yes, LUX-SEL is an active enterprise in the KBO register.
How many employees does LUX-SEL have?
LUX-SEL had an average of 1.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does LUX-SEL fall under?
In its 2025 annual accounts, LUX-SEL states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of LUX-SEL?
The turnover in financial year 2025 is ≈ €350,000. This figure is estimated from the gross margin of €42,678 and 59 comparable companies (NACE 46). It probably lies between €140,000 and €760,000.
Is LUX-SEL profitable?
In financial year 2025, LUX-SEL made a loss of €133,148.
Where can I find the annual accounts of LUX-SEL?
LUX-SEL filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LUX-SEL due?
LUX-SEL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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