Financials
Financial year 2024
SELECTA CARS DE SWAEF from Gent, company number BE0400024634, closed financial year 2024 with a result of € 3.1 million after tax. For that financial year SELECTA CARS DE SWAEF recorded revenue of € 7.9 million and equity of € 6.6 million. Compared with financial year 2023, the result moved from € 163,115 to € 3.1 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2025.
€ 6.6 million
▲ 88% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.1 million
▲ € 2.9 million vs 2023
Profit after tax over the fiscal year.
€ 300,770
▼ 23% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 3 million.
People and assets in 2024
68.1
Average over the fiscal year, from the social balance sheet.
€ 3.9 million
▼ 2% vs 2023
€ 57,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 3.4 million
▲ 5% vs 2023
Of which on lease € 2.5 million.
Debts at end 2024
€ 2.5 million
▼ 32% vs 2023
€ 768,401 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 405,966
▲ 15% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 51 days on average.
€ 507,478
▼ 27% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 7,874,790 | |
| Gross margin | € 3,342,620 | € 4,605,871 | € 5,317,691 | - | |
| Profit after taxes | € -356,727 | € -31,469 | € 163,115 | € 3,093,549 | ▲ € 2.9 million |
| Equity | € 3,382,683 | € 3,351,215 | € 3,514,329 | € 6,607,878 | ▲ 88% |
| Total debts | € 5,066,625 | € 4,914,001 | € 4,870,989 | € 3,474,524 | ▼ 29% |
| Cash | € 89,520 | € 141,459 | € 389,483 | € 300,770 | ▼ 23% |
| Land & buildings | € 124,746 | € 109,722 | € 94,698 | € 0 | ▼ 100% |
| Retained profit | € -231,817 | € -263,285 | € -100,171 | € 2,993,378 | ▲ € 3.1 million |
| Bank debt | € 3,569,877 | € 3,308,421 | € 3,709,901 | € 2,505,874 | ▼ 32% |
| Balance sheet total | € 8,449,309 | € 8,265,216 | € 8,385,318 | € 11,101,039 | ▲ 32% |
| Employees (FTE) | 64.2 | 65.2 | 68.1 | 68.1 |
Key figures of SELECTA CARS DE SWAEF, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to SELECTA CARS DE SWAEF?
What happened at SELECTA CARS DE SWAEF in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- DSM Management BV stepped down as director. NBB
- Caral Management CommV stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 3.1 million (▲ € 2.9 million vs 2023). Source: NBB ↗
- DSM Management BV became a director. NBB
- Caral Management CommV became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Gent. KBO
In short
From € 356,727 loss in 2021 to € 3.1 million profit in 2024.
Best year ever: 2024, with € 3.1 million profit.
On average € 78,100 of value added per employee in 2023.
Pays suppliers within 51 days on average.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of HIDE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SELECTA CARS DE SWAEFThe shares are held by HIDE (100%).
Directors
According to the 2024 annual accounts
Director · represented by Marc De Swaef
Also active at: Transport De Swaef, Immobiliën De Swaef, HIDE
since 2023 · until 2029
Director · represented by Delcorde ALAIN
Also active at: Transport De Swaef, Immobiliën De Swaef, HIDE
since 2023 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industrieweg 18E
9032 Gent
Afrikalaan 51
9000 Gent
Active since 1 June 1953
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0400.024.634
- VAT number
- BE 0400.024.634
- Registered office
- Industrieweg 18E, 9032 Gent
- Names & denominations
- SELECTA CARS DE SWAEF
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 June 1953
- Peppol
- Active · Active since 17 Feb 2026
- Activities · NACE
Personenvervoer over de weg zonder dienstregeling
Overig vervoer van personen te land
Overig personenvervoer te land, n.e.g.
Activiteiten van reisorganisatoren
Activiteiten van reisbureaus
Reisorganisatoren
Reisbureaus