Active · per the CBE, 29 October 2026
SELECTAIR logo

SELECTAIR

BE0422875557

Rechtspersoon Cooperative company 1 establishment

SELECTAIR is a travel agency in Vilvoorde. Cooperative, started on 1 December 1981, 1 establishment.

Mechelsesteenweg 518 box C02, 1800 Vilvoorde selectair.be

Active for

44 year, 10 months

Financials

Financial year 2025

SELECTAIR from Vilvoorde, company number BE0422875557, closed financial year 2025 with a result of € -9,166 after tax. For that financial year SELECTAIR recorded a gross margin of € 268,653 and equity of € 395,399. Compared with financial year 2024, the result moved from € 8,184 to € -9,166. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 14, 2026.

What it is worth Healthy

€ 395,399

▼ 2% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -9,166

▼ still € 8,184 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 127,637

▼ 29% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 301,649.

People and assets in 2025

Full-time equivalents

3.1

▲ 0.3 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 261,186

▲ 27% vs 2024

€ 84,300 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.

Vehicles and equipment

€ 5,523

▲ 202% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 5 years to go

€ 54,343

▼ 17% vs 2024

€ 11,830 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 72,268

▼ 32% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Wages and social charges

€ 26,868

▲ 10% vs 2024

Wages, holiday pay and social contributions still to pay. No outstanding taxes.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 263,426 € 251,381 € 241,175 € 268,653 ▲ 11%
Profit after taxes € 3,598 € 2,114 € 8,184 € -9,166 ▼ € 17,351
Equity € 394,267 € 392,631 € 402,065 € 395,399 ▼ 2%
Total debts € 444,556 € 261,435 € 266,145 € 232,863 ▼ 13%
Cash € 566,087 € 462,470 € 178,680 € 127,637 ▼ 29%
Land & buildings € 125,336 € 120,200 € 115,063 € 110,343 ▼ 4%
Retained profit € 300,517 € 302,631 € 310,815 € 301,649 ▼ 3%
Bank debt € 86,678 € 76,401 € 65,631 € 54,343 ▼ 17%
Balance sheet total € 849,418 € 654,066 € 668,210 € 628,262 ▼ 6%
Employees (FTE) 2.8 2.8 2.8 3.1 ▲ 0.3

Key figures of SELECTAIR, 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 SELECTAIR?

What happened at SELECTAIR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • MIEKE VERVAECKE stepped down as director. NBB
  • PIETER DEMUYNCK stepped down as director. NBB
  • TIM DE VUYST stepped down as director. NBB
  • PHILIPPE BELLEMANS stepped down as director. NBB
  • GLENN STEVENS stepped down as director. NBB
  • GEERT GAENS stepped down as director. NBB
  • New annual accounts for financial year 2025: loss of € 9,166 (▼ € 17,351 vs 2024). Source: NBB ↗
  • HILDE DE BACKER stepped down as director. NBB

In short

From € 3,598 profit in 2022 to € 9,166 loss in 2025.

Paid € 21,706 in corporate taxes since 2022.

Best year ever: 2024, with € 8,184 profit.

On average € 86,700 of value added per employee in 2025.

Management

Directors

According to the 2025 annual accounts

HILDE DE BACKER

Director

since 2023 · until 2026

PATRICK DE VOS

Director

since 2023 · until 2026

MIEKE VERVAECKE

Director

since 2025 · until 2028

MARTINE DEWISPELAERE

Director

since 2024 · until 2026

PHILIPPE BELLEMANS

Director

Also active at: GALLIA

since 2024 · until 2027

GLENN STEVENS

Director

Also active at: MTS Projects, MIRA TOURS TRAVELSERVICES

since 2024 · until 2027

PIETER DEMUYNCK

Director

since 2025 · until 2028

TIM DE VUYST

Director

Also active at: GECHRITI

since 2025 · until 2028

Establishments

Establishment units

Physical locations of this company

Registered office

Mechelsesteenweg 518 box C02

1800 Vilvoorde

2.035.129.581

Mechelsesteenweg 518 C box 02

1800 Vilvoorde

Active since 14 December 2001

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 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.

Website

Technologies

AOSAWS S3Amazon CloudFrontBootstrapCloudflare CDNJSCookie ConsentFont AwesomeGoogle AnalyticsGoogle FontsGoogle Tag ManagerGoogle TranslateIsotopeMailchimpNginxPHPSwiperVimeoWordPressjQuerylazysizesunpkg

Hosting & Email

Email provider

Microsoft 365

Hosting

AUTOMATTIC - Automattic, Inc, US

DNS

Cloudflare DNS

Website info

HTTPS Ja
Indexable pages 814
Languages NL
Copyright 2026

Features

Blog Jobs Newsletter Ads Contact page

Security

✓ HTTPS
✗ SPF
✓ DMARC

Network

✓ Load balancing

Details

Company number
0422.875.557
VAT number
BE 0422.875.557
Registered office
Mechelsesteenweg 518 bus C02, 1800 Vilvoorde
Names & denominations
SELECTAIR
Enterprise type
Rechtspersoon
Legal form
Cooperative company
Legal situation
Normale toestand
Start date
1 December 1981
Peppol
Active · Active since 21 Oct 2026
Contact
selectair.be
Activities · NACE

Activiteiten van reisbureaus

Reisbureaus

Frequently asked questions

What does SELECTAIR do?
SELECTAIR is a travel agency in Vilvoorde. Cooperative, started on 1 December 1981, 1 establishment.
What is the address of SELECTAIR?
The registered office of SELECTAIR is located at Mechelsesteenweg 518 box C02, 1800 Vilvoorde.
Is SELECTAIR still active?
Yes. According to the CBE (29 October 2026) SELECTAIR is active, legal situation “Normale toestand”, started on 1 December 1981.
Is SELECTAIR registered on Peppol?
Yes, SELECTAIR is registered on the Peppol network with ID 0208:0422875557.
What is the enterprise number of SELECTAIR?
The enterprise number of SELECTAIR is BE0422875557.
When was SELECTAIR founded?
SELECTAIR was founded on 1 December 1981.