What does Part - Selekt do?

Part - Selekt is a property company in Hasselt. Private Limited, started on 12 May 1989, 1 establishment.

What is the address of Part - Selekt?

The registered office of Part - Selekt is located at Trekschurenstraat 245, 3500 Hasselt.

Is Part - Selekt still active?

Yes. According to the CBE (31 October 2026) Part - Selekt is active, legal situation “Normale toestand”, started on 12 May 1989.

Is Part - Selekt registered on Peppol?

Yes, Part - Selekt is registered on the Peppol network with ID 0208:0437471384.

What is the enterprise number of Part - Selekt?

The enterprise number of Part - Selekt is BE0437471384.

When was Part - Selekt founded?

Part - Selekt was founded on 12 May 1989.

Who owns Part - Selekt?

The shares are held by ADB BOUW (100%).

Is Part - Selekt a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 12 May 1989; 4 annual accounts filed, latest fiscal year 2024.

How much profit did Part - Selekt make in 2024?

Part - Selekt recorded a loss after taxes of € 1,613,050 in financial year 2024.

What is the revenue of Part - Selekt?

As a small company, Part - Selekt is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € -601,847.

How much does an employee at Part - Selekt earn?

The average wage cost per full-time employee at Part - Selekt was € 72,800 in 2023: staff costs of € 72,802 for 1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Part - Selekt have?

According to the 2024 annual accounts, Part - Selekt has 0.8 full-time equivalents (FTE).

Part - Selekt (Private Limited) - Hasselt - BE0437471384

Dossier Part - Selekt, printed on 1 November 2026 from databakkes.be/en/0437471384/part-selekt. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2023 and 2024.
Tight liquidity NBB

Cash and receivables cover 50 % of short-term debt in 2024; threshold 65 %.
Shrinking team NBB

FTE fell two years in a row, from 1.2 to 0.8.
Busy address KBO

31 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2024

Part - Selekt from Hasselt, company number BE0437471384, closed financial year 2024 with a result of € -1.6 million after tax. For that financial year Part - Selekt recorded a gross margin of € -601,847 and equity of € 308,442. Compared with financial year 2023, the result moved from € -46,410 to € -1.6 million. The company made a loss. The buffer shrank hard: equity is 89 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 8, 2025.

What it is worth Shrank hard

€ 308,442

▼ 89% vs 2023

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

Loss Caution

€ -1.6 million

▼ 3376 % more loss than in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 2,085

▼ 17% vs 2023

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 € 219,442.

People and assets in 2024

Full-time equivalents

0.8

▼ 0.2 vs 2023

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

Wage cost

€ 56,885

▼ 22% vs 2023

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Debts at end 2024

Bank debt ≈ 15 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 5.3 million

▼ 12% vs 2023

€ 57,604 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.

Owed to suppliers

€ 1.3 million

▲ € 1.3 million vs 2023

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

Taxes and wages

€ 47,588

▲ 147% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 1,407,542 Gross margin 2021: € 1,407,542 First fiscal year in the series	€ 189,766 Gross margin 2022: € 189,766 ▼ 87% vs 2021 (€ 1,407,542) Unfavourable step	€ 219,731 Gross margin 2023: € 219,731 ▲ 16% vs 2022 (€ 189,766) Favourable step	€ -601,847 Gross margin 2024: € -601,847 ▼ € 821,577 vs 2023 (€ 219,731) Unfavourable step	▼ € 821,577
Profit after taxes	€ 970,603 Profit after taxes 2021: € 970,603 First fiscal year in the series	€ 5,128 Profit after taxes 2022: € 5,128 ▼ 99% vs 2021 (€ 970,603) Unfavourable step	€ -46,410 Profit after taxes 2023: € -46,410 ▼ € 51,538 vs 2022 (€ 5,128) Unfavourable step	€ -1,613,050 Profit after taxes 2024: € -1,613,050 ▼ € 1.6 million vs 2023 (€ -46,410) Unfavourable step	▼ € 1.6 million
Equity	€ 2,762,774 Equity 2021: € 2,762,774 First fiscal year in the series	€ 2,767,902 Equity 2022: € 2,767,902 Unchanged (€ 2,762,774) Favourable step	€ 2,721,492 Equity 2023: € 2,721,492 ▼ 2% vs 2022 (€ 2,767,902) Unfavourable step	€ 308,442 Equity 2024: € 308,442 ▼ 89% vs 2023 (€ 2,721,492) Unfavourable step	▼ 89%
Total debts	€ 3,232,214 Total debts 2021: € 3,232,214 First fiscal year in the series	€ 2,741,061 Total debts 2022: € 2,741,061 ▼ 15% vs 2021 (€ 3,232,214) Favourable step	€ 6,083,910 Total debts 2023: € 6,083,910 ▲ 122% vs 2022 (€ 2,741,061) Unfavourable step	€ 7,173,070 Total debts 2024: € 7,173,070 ▲ 18% vs 2023 (€ 6,083,910) Unfavourable step	▲ 18%
Cash	€ 376,176 Cash 2021: € 376,176 First fiscal year in the series	€ 3,441 Cash 2022: € 3,441 ▼ 99% vs 2021 (€ 376,176) Unfavourable step	€ 2,500 Cash 2023: € 2,500 ▼ 27% vs 2022 (€ 3,441) Unfavourable step	€ 2,085 Cash 2024: € 2,085 ▼ 17% vs 2023 (€ 2,500) Unfavourable step	▼ 17%
Land & buildings	€ 1,517,141 Land & buildings 2021: € 1,517,141 First fiscal year in the series	€ 2,105,446 Land & buildings 2022: € 2,105,446 ▲ 39% vs 2021 (€ 1,517,141) Unchanged	€ 2,321,812 Land & buildings 2023: € 2,321,812 ▲ 10% vs 2022 (€ 2,105,446) Unchanged	€ 2,157,343 Land & buildings 2024: € 2,157,343 ▼ 7% vs 2023 (€ 2,321,812) Unchanged	▼ 7%
Retained profit	€ 2,673,774 Retained profit 2021: € 2,673,774 First fiscal year in the series	€ 2,678,902 Retained profit 2022: € 2,678,902 Unchanged (€ 2,673,774) Favourable step	€ 2,632,492 Retained profit 2023: € 2,632,492 ▼ 2% vs 2022 (€ 2,678,902) Unfavourable step	€ 219,442 Retained profit 2024: € 219,442 ▼ 92% vs 2023 (€ 2,632,492) Unfavourable step	▼ 92%
Dividend	€ 2,675,000 Dividend 2021: € 2,675,000 First fiscal year in the series	€ 0 Dividend 2022: € 0 ▼ 100% vs 2021 (€ 2,675,000) Unchanged	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 800,000 Dividend 2024: € 800,000 Unchanged (€ 0) Unchanged
Bank debt	€ 2,724,376 Bank debt 2021: € 2,724,376 First fiscal year in the series	€ 2,199,762 Bank debt 2022: € 2,199,762 ▼ 19% vs 2021 (€ 2,724,376) Favourable step	€ 5,998,012 Bank debt 2023: € 5,998,012 ▲ 173% vs 2022 (€ 2,199,762) Unfavourable step	€ 5,292,203 Bank debt 2024: € 5,292,203 ▼ 12% vs 2023 (€ 5,998,012) Favourable step	▼ 12%
Balance sheet total	€ 6,796,322 Balance sheet total 2021: € 6,796,322 First fiscal year in the series	€ 6,295,829 Balance sheet total 2022: € 6,295,829 ▼ 7% vs 2021 (€ 6,796,322) Unchanged	€ 9,572,413 Balance sheet total 2023: € 9,572,413 ▲ 52% vs 2022 (€ 6,295,829) Unchanged	€ 7,507,843 Balance sheet total 2024: € 7,507,843 ▼ 22% vs 2023 (€ 9,572,413) Unchanged	▼ 22%
Employees (FTE)	0.3 Employees (FTE) 2021: 0.3 First fiscal year in the series	1.2 Employees (FTE) 2022: 1.2 ▲ 0.9 vs 2021 (0.3) Unchanged	1 Employees (FTE) 2023: 1 ▼ 0.2 vs 2022 (1.2) Unchanged	0.8 Employees (FTE) 2024: 0.8 ▼ 0.2 vs 2023 (1) Unchanged	▼ 0.2

Key figures of Part - Selekt, 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 Part - Selekt?

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

Jul 8, 2025 New annual accounts for financial year 2024: loss of € 1.6 million. Source: NBB ↗
Jun 12, 1989 New establishment in Hasselt. KBO
May 12, 1989 Start of the company according to the CBE. KBO

In short

From € 970,603 profit in 2021 to € 1.6 million loss in 2024.

Paid € 404,559 in corporate taxes since 2021.

Best year ever: 2021, with € 970,603 profit.

On average € 219,700 of value added per employee in 2023.

Original PDFs at the National Bank ↗

Establishments

Establishment units

Physical locations of this company

Registered office

Trekschurenstraat 245

3500 Hasselt

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 31 companies are registered at this address.

All companies at this address →

A.VERELST BOX 4 GROND

€ -3,813 gross margin · 2024

AMO HOLDING

ADB BOUW same network

€ 20.2 million revenue · 2025

ADB GROND

€ 449,818 gross margin · 2024

MINNEBO TERRAE

€ -1,519 gross margin · 2025

+26 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0437.471.384

VAT number

BE 0437.471.384

Registered office

Trekschurenstraat 245, 3500 Hasselt

Names & denominations

Part - Selekt

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

12 May 1989

Peppol

Active · Active since 8 Oct 2025

Activities · NACE

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

View on CBE Public ↗ Annual accounts (NBB) ↗