Selfsun
ActiveSummary
Selfsun has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-11k) and a net result of €-21k. Equity is shrinking by ~18.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 406 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
28
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0▼-46
Growth32=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.67 against 1.33 in 2024; short-term debt: 149.1% and cash: 30.1% of total assets), and equity is negative.
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-53.4%
Return on assets
-107.6%
Age of the figures
9 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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-11k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
28 d late
2023
83 d late
2022
85 d late
2021
72 d late
2020
58 d late
2019
98 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-11k
2024 · €11k
2018: €101k
2019: €106k
2020: €74k
2021: €109k
2022: €116k
2023: €29k
2024: €11k
2018 → 2025
Total assets
€20k▼ 60.9%
2024 · €51k
2018: €188k
2019: €243k
2020: €196k
2021: €150k
2022: €155k
2023: €68k
2024: €51k
2018 → 2025
Net result
€-21k▼ 15.6%
2024 · €-18k
2018: €918
2019: €4k
2020: €-32k
2021: €35k
2022: €7k
2023: €-86k
2024: €-18k
2018 → 2025
Working capital
€-10k
2024 · €12k
2018: €95k
2019: €101k
2020: €67k
2021: €76k
2022: €93k
2023: €15k
2024: €12k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€109k-€116k▲ 6.1%€29k▼ 74.8%€11k▼ 63.2%€-11k
Operating result€48k-€11k▼ 76.8%€-84k€-20k▲ 75.7%€-20k▲ 2.1%
Net result€35k-€7k▼ 81.0%€-86k€-18k▲ 78.7%€-21k▼ 15.6%
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 stays negative: a loss of €20k in 2025 against €20k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €20k
Fixed assets
€136 ▼ 90.3%
Current assets
€20k ▼ 60.0%
Key figures and ratios
EBITDA
€-19k▼
2024 · €-19k
Cash flow
€-20k▼
2024 · €-17k
Solvency
-53.4%▼
2024 · 21.2%
Current ratio
0.67▼
2024 · 1.33
Debt to equity
-2.87▼
2024 · 3.72
ROA
-107.6%▼
2024 · -36.4%
Interest coverage
-18.86▼
2024 · -12.50
Debt
€30k▼
2024 · €40k
Debt ≤ 1 year
€29k▼
2024 · €37k
Income taxes
€247▼
2024 · €273
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€51k€20k▼
Fixed assets21/28€1k€136▼
Tangible fixed assets22/27€1k€136▼
Furniture and vehicles24€1k€136▼
Current assets29/58€49k€20k▼
Amounts receivable within one year40/41€43k€11k▼
Trade receivables40€36k€6k▼
Other amounts receivable41€7k€5k▼
Cash at bank and in hand54/58€6k€6k▼
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€51k€20k▼
Equity10/15€11k€-11k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€-57k€-78k▼
Amounts payable17/49€40k€30k▼
Amounts payable within one year42/48€37k€29k▼
Trade debts44€33k€23k▼
Suppliers440/4€33k€23k▼
Taxes, remuneration and social security45€3k€6k▲
Taxes450/3€3k€6k▲
Other amounts payable47/48€725€429▼
Accrued charges and deferred income492/3€3k€853▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8€12k€400▼
Gross operating margin9900€-7k€-18k▼
Operating profit (loss)9901€-20k€-20k▲
Financial income75/76B€4k€18▼
Recurring financial income75€4k€18▼
Financial charges65/66B€1k€995▼
Recurring financial charges65€1k€995▼
Profit (loss) for the period before taxes9903€-18k€-21k▼
Income taxes67/77€273€247▼
Profit (loss) for the period9904€-18k€-21k▼
Profit (loss) for the period to be appropriated9905€-18k€-21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-57k€-78k▼
Profit (loss) brought forward from the previous period14P€-39k€-57k▼
The notes to these accounts (3 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
22-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 83 days late
2023
31-12
Financial
Weakest financial yearnet €-86k ▼1394%
Net result drops to €-86k, the lowest in the series; recovery starts the following year.
24-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 85 days late
2022
11-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 72 days late
2021
31-12
Financial
Back to profitnet €35k
Net result €35k after one loss-making year.
31-12
Financial
Equity above €100kEq €109k ▲47.5%
Equity rises from €74k to €109k.
27-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 58 days late
2020
06-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 98 days late
2019
11-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 42 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
Show earlier events
2017
24-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 85 days late
2015
06-05
State Gazette act
General meeting · Share issue
Capital increase · Capital
2014
19-02
State Gazette act
Board meeting · Director appointment
Mandate compensation · Director resignation
19-02
State Gazette act
Board meeting · Director appointment
Permanent representative · Mandate compensation
2013
24-10
State Gazette act
Board meeting · Director resignation
Permanent representative · Director appointment
24-10
State Gazette act
Board meeting · Director resignation
Director appointment · Mandate compensation
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Gillis (bij-Brussel) · 2 establishment units since 1979
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.
Overwinningsstraat 11060 Sint-Gillis (bij-Brussel)Ground area
4.0 ha
Building footprint
1.2 ha
Volume, LiDAR
103,955 m³
2 parcels, Brussels, Wallonia · tallest building 34.9 m, ±6 floors. Linked by address, not a title deed.
2 establishment units
SELFSUN Sa
since 19792.016.931.391
Vaxune
since 20202.305.046.236
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25386B0152/00N000 | Wallonia | 4.0 ha | 1 · 1.2 ha | 34.9 m · 2 fl. |
| 21013B0135/00T002 | Brussels | 198 m² | 1 · 197 m² | 21.0 m · 6 fl. |
Linked by address, not proof of ownership
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.
Structure & network
Connections & network
6 connected companiesLinked via shared directors
Shared director
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Shared director
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Shared director
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Shared director
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Show 2 more companies with a shared director
Shared director
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Shared director
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Ownership & control
2 board mandatesBoard mandates of this companythis company sits on their board2
1 location
1 location
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Of 346 companies in sector 28990 we hold annual accounts for 278. 75 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded20-12-1979
Fiscal year end31-12
Activities, NACEBEL 2025
28990Manufacture of machinery and equipment not elsewhere classified
43240Other construction installation
47552Retail sale of lighting equipment
62200Computer consultancy and computer facilities management
73110Advertising agencies
74140Other specialised design activities
Sources
Crossroads Bank for EnterprisesNational Bank · 45 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:zurjos@icloud.com
Phone:0475433547