Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 14 to 12.5.
Financials
Financial year 2025
Sélection from Liège, company number BE0402359661, closed financial year 2025 with a result of € 11,029 after tax. For that financial year Sélection recorded a gross margin of € 456,376 and equity of € 461,239. Compared with financial year 2024, the result moved from € 63,051 to € 11,029. The company is profitable. 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 August 10, 2026.
€ 461,239
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,029
▼ 83% vs 2024
Profit after tax over the fiscal year.
€ 416,051
▼ 4% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -38,761.
People and assets in 2025
12.5
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 405,039
▲ 6% vs 2024
€ 32,400 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.
€ 15,604
▲ 84% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 141,045
▲ 191% vs 2024
€ 8,494 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 216,732
▼ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 166,345
▼ 9% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 542,908 | € 445,341 | € 495,326 | € 456,376 | ▼ 8% |
| Profit after taxes | € 1,366 | € -78,267 | € 63,051 | € 11,029 | ▼ 83% |
| Equity | € 465,426 | € 387,159 | € 450,210 | € 461,239 | ▲ 2% |
| Total debts | € 709,450 | € 700,173 | € 455,007 | € 524,133 | ▲ 15% |
| Cash | € 530,962 | € 501,601 | € 431,251 | € 416,051 | ▼ 4% |
| Retained profit | € -34,574 | € -112,841 | € -49,790 | € -38,761 | ▲ € 11,029 |
| Bank debt | € 132,254 | € 80,613 | € 48,532 | € 141,045 | ▲ 191% |
| Balance sheet total | € 1,174,875 | € 1,087,332 | € 905,218 | € 985,372 | ▲ 9% |
| Employees (FTE) | 14 | 14 | 13.2 | 12.5 | ▼ 0.7 |
Key figures of Sélection, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Sélection?
What happened at Sélection in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 11,029 (▼ 83% vs 2024). filed late Source: NBB ↗
- New establishment in Liège. KBO
- New establishment in Visé. KBO
- New establishment in Liège. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,366 profit in 2022 to € 11,029 profit in 2025.
Paid € 31,662 in corporate taxes since 2022.
Best year ever: 2024, with € 63,051 profit.
On average € 36,500 of value added per employee in 2025.
Management
The stake of SELECTION IMMO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SélectionBehind Sélection is Nathalie De Vos. The shares are held by SELECTION IMMO (87.6%).
Directors
According to the 2025 annual accounts
Shareholders
87.6%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Passage Lemonnier 24
4000 Liège
Rue du Collège(VIS) 41-43
4600 Visé
Active since 1 January 1972
Passage Lemonnier 19-21
4000 Liège
Active since 25 January 1973
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
VERIXI, BE
Website info
Features
Security
Details
- Company number
- 0402.359.661
- VAT number
- BE 0402.359.661
- Registered office
- Passage Lemonnier 24, 4000 Liège
- Names & denominations
- Sélection
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 May 1950
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- maison-selection.be
- Activities · NACE
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