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 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SELA from Brugge, company number BE0440395440, closed financial year 2025 with a result of € -12,045 after tax. For that financial year SELA recorded a gross margin of € 45,410 and equity of € 228,661. Compared with financial year 2024, the result moved from € -6,018 to € -12,045. 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 August 31, 2026.
€ 228,661
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12,045
▼ 100 % more loss than in 2024
Profit after tax over the fiscal year.
€ 41,473
▼ 8% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 78,661.
People and assets in 2025
€ 3,595
▼ 7% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 19,730
▼ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 44,734
▼ 40% vs 2024
€ 26,224 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 7,152
▼ 43% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,083
▼ 5% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 75,435 | € 53,830 | € 56,367 | € 45,410 | ▼ 19% |
| Profit after taxes | € 12,719 | € -1,964 | € -6,018 | € -12,045 | ▼ € 6,027 |
| Equity | € 248,689 | € 246,724 | € 240,706 | € 228,661 | ▼ 5% |
| Total debts | € 320,885 | € 321,893 | € 282,163 | € 242,844 | ▼ 14% |
| Cash | € 49,200 | € 31,674 | € 45,089 | € 41,473 | ▼ 8% |
| Land & buildings | € 254,436 | € 222,327 | € 190,334 | € 162,850 | ▼ 14% |
| Retained profit | € 98,689 | € 96,724 | € 90,706 | € 78,661 | ▼ 13% |
| Dividend | € 30,942 | € 0 | € 0 | € 0 | |
| Bank debt | € 115,231 | € 103,843 | € 74,667 | € 44,734 | ▼ 40% |
| Balance sheet total | € 569,573 | € 568,617 | € 522,869 | € 471,505 | ▼ 10% |
Key figures of SELA, 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 SELA?
What happened at SELA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Maryke Van Damme stepped down as director. NBB
- Philippe Serruys stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 12,045. filed late Source: NBB ↗
- Maryke Van Damme became a director. NBB
- Philippe Serruys became a director. NBB
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,719 profit in 2022 to € 12,045 loss in 2025.
Paid € 6,279 in corporate taxes since 2022.
Best year ever: 2022, with € 12,719 profit.
Paid out € 30,942 in dividends to the owners in total.
A new publication or filing at SELA? We notify you, reason included.
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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
Directors
According to the 2025 annual accounts
Maryke Van Damme
Director
since 2023 · until 2029
Philippe Serruys
Director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Groeninge 39 box 0006
8000 Brugge
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
Fastmail
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Website info
Features
Security
Network
Details
- Company number
- 0440.395.440
- VAT number
- BE 0440.395.440
- Registered office
- Groeninge 39 bus 0006, 8000 Brugge
- Names & denominations
- SELA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 March 1990
- Peppol
- Active · Active since 20 Mar 2025
- Contact
- herringsresidence.be
- Activities · NACE
Gastenkamers
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Catering van evenementen