What does SELECT PRODUCT do?

SELECT PRODUCT is a butcher in Courcelles. Public Limited, started on 5 October 1990, 1 establishment.

What is the address of SELECT PRODUCT?

The registered office of SELECT PRODUCT is located at Rue de Liège(CO) 5, 6180 Courcelles.

Is SELECT PRODUCT still active?

Yes. According to the CBE (29 October 2026) SELECT PRODUCT is active, legal situation “Normale toestand”, started on 5 October 1990.

Is SELECT PRODUCT registered on Peppol?

Yes, SELECT PRODUCT is registered on the Peppol network with ID 0208:0441567457.

What is the enterprise number of SELECT PRODUCT?

The enterprise number of SELECT PRODUCT is BE0441567457.

When was SELECT PRODUCT founded?

SELECT PRODUCT was founded on 5 October 1990.

Who are the directors of SELECT PRODUCT?

According to the 2025 annual accounts, the directors of SELECT PRODUCT are: SELAATTIN TURKOGLU, FILIZ DAGLI.

Is SELECT PRODUCT a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 5 October 1990; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did SELECT PRODUCT make in 2025?

SELECT PRODUCT recorded a loss after taxes of € 616,132 in financial year 2025.

What is the revenue of SELECT PRODUCT?

In its most recent annual accounts (2025), SELECT PRODUCT reported revenue of € 16,973,219.

How much does an employee at SELECT PRODUCT earn?

The average wage cost per full-time employee at SELECT PRODUCT was € 53,400 in 2025: staff costs of € 128,170 for 2.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does SELECT PRODUCT have?

According to the 2025 annual accounts, SELECT PRODUCT has 2.4 full-time equivalents (FTE).

SELECT PRODUCT (Public Limited) - Courcelles

Dossier SELECT PRODUCT, printed on 29 October 2026 from databakkes.be/en/0441567457/select-product. 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 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 54 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

SELECT PRODUCT from Courcelles, company number BE0441567457, closed financial year 2025 with a result of € -616,132 after tax. For that financial year SELECT PRODUCT recorded revenue of € 17 million and equity of € 2.1 million. Compared with financial year 2024, the result moved from € -321,686 to € -616,132. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.

What it is worth Healthy

€ 2.1 million

▼ 24% vs 2024

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

Loss Caution

€ -616,132

▼ 92 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 30,051

▼ 38% 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 € 706,392.

People and assets in 2025

Full-time equivalents

2.4

▲ 0.2 vs 2024

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

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 3.1 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 128,170

▲ 24% vs 2024

€ 53,400 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.

Vehicles and equipment

€ 1.6 million

▼ 5% vs 2024

Of which on lease € 605,711.

Debts at end 2025

Bank debt ≈ 5 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.

€ 6 million

▲ 14% vs 2024

€ 647,041 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 2.5 million

▲ 34% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 55 days on average.

Taxes and wages

€ 84,526

▼ 5% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 13,495,689 Revenue 2022: € 13,495,689 First fiscal year in the series	€ 14,538,450 Revenue 2023: € 14,538,450 ▲ 8% vs 2022 (€ 13,495,689) Favourable step	€ 15,025,204 Revenue 2024: € 15,025,204 ▲ 3% vs 2023 (€ 14,538,450) Favourable step	€ 16,973,219 Revenue 2025: € 16,973,219 ▲ 13% vs 2024 (€ 15,025,204) Favourable step	▲ 13%
Profit after taxes	€ 93,527 Profit after taxes 2022: € 93,527 First fiscal year in the series	€ 186,015 Profit after taxes 2023: € 186,015 ▲ 99% vs 2022 (€ 93,527) Favourable step	€ -321,686 Profit after taxes 2024: € -321,686 ▼ € 507,701 vs 2023 (€ 186,015) Unfavourable step	€ -616,132 Profit after taxes 2025: € -616,132 ▼ € 294,446 vs 2024 (€ -321,686) Unfavourable step	▼ € 294,446
Equity	€ 2,576,802 Equity 2022: € 2,576,802 First fiscal year in the series	€ 2,749,856 Equity 2023: € 2,749,856 ▲ 7% vs 2022 (€ 2,576,802) Favourable step	€ 2,751,481 Equity 2024: € 2,751,481 Unchanged (€ 2,749,856) Favourable step	€ 2,096,372 Equity 2025: € 2,096,372 ▼ 24% vs 2024 (€ 2,751,481) Unfavourable step	▼ 24%
Total debts	€ 6,717,397 Total debts 2022: € 6,717,397 First fiscal year in the series	€ 5,714,433 Total debts 2023: € 5,714,433 ▼ 15% vs 2022 (€ 6,717,397) Favourable step	€ 7,198,734 Total debts 2024: € 7,198,734 ▲ 26% vs 2023 (€ 5,714,433) Unfavourable step	€ 8,592,131 Total debts 2025: € 8,592,131 ▲ 19% vs 2024 (€ 7,198,734) Unfavourable step	▲ 19%
Cash	€ 22,629 Cash 2022: € 22,629 First fiscal year in the series	€ 66,707 Cash 2023: € 66,707 ▲ 195% vs 2022 (€ 22,629) Favourable step	€ 48,141 Cash 2024: € 48,141 ▼ 28% vs 2023 (€ 66,707) Unfavourable step	€ 30,051 Cash 2025: € 30,051 ▼ 38% vs 2024 (€ 48,141) Unfavourable step	▼ 38%
Land & buildings	€ 2,865,046 Land & buildings 2022: € 2,865,046 First fiscal year in the series	€ 2,770,046 Land & buildings 2023: € 2,770,046 ▼ 3% vs 2022 (€ 2,865,046) Unchanged	€ 2,880,040 Land & buildings 2024: € 2,880,040 ▲ 4% vs 2023 (€ 2,770,046) Unchanged	€ 2,608,684 Land & buildings 2025: € 2,608,684 ▼ 9% vs 2024 (€ 2,880,040) Unchanged	▼ 9%
Retained profit	€ 1,458,196 Retained profit 2022: € 1,458,196 First fiscal year in the series	€ 1,644,211 Retained profit 2023: € 1,644,211 ▲ 13% vs 2022 (€ 1,458,196) Favourable step	€ 1,322,524 Retained profit 2024: € 1,322,524 ▼ 20% vs 2023 (€ 1,644,211) Unfavourable step	€ 706,392 Retained profit 2025: € 706,392 ▼ 47% vs 2024 (€ 1,322,524) Unfavourable step	▼ 47%
Bank debt	€ 4,906,818 Bank debt 2022: € 4,906,818 First fiscal year in the series	€ 4,522,843 Bank debt 2023: € 4,522,843 ▼ 8% vs 2022 (€ 4,906,818) Favourable step	€ 5,259,582 Bank debt 2024: € 5,259,582 ▲ 16% vs 2023 (€ 4,522,843) Unfavourable step	€ 5,991,791 Bank debt 2025: € 5,991,791 ▲ 14% vs 2024 (€ 5,259,582) Unfavourable step	▲ 14%
Balance sheet total	€ 9,294,200 Balance sheet total 2022: € 9,294,200 First fiscal year in the series	€ 8,464,289 Balance sheet total 2023: € 8,464,289 ▼ 9% vs 2022 (€ 9,294,200) Unchanged	€ 9,950,215 Balance sheet total 2024: € 9,950,215 ▲ 18% vs 2023 (€ 8,464,289) Unchanged	€ 10,688,503 Balance sheet total 2025: € 10,688,503 ▲ 7% vs 2024 (€ 9,950,215) Unchanged	▲ 7%
Employees (FTE)	2.7 Employees (FTE) 2022: 2.7 First fiscal year in the series	2.2 Employees (FTE) 2023: 2.2 ▼ 0.5 vs 2022 (2.7) Unchanged	2.2 Employees (FTE) 2024: 2.2 Unchanged (2.2) Unchanged	2.4 Employees (FTE) 2025: 2.4 ▲ 0.2 vs 2024 (2.2) Unchanged	▲ 0.2

Key figures of SELECT PRODUCT, 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 SELECT PRODUCT?

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

2029 FILIZ DAGLI stepped down as director. NBB
2029 SELAATTIN TURKOGLU stepped down as director. NBB
Jul 7, 2026 New annual accounts for financial year 2025: loss of € 616,132. Source: NBB ↗
2023 SELAATTIN TURKOGLU became a director. NBB
2023 FILIZ DAGLI became a director. NBB
Apr 15, 1991 New establishment in Courcelles. KBO
Oct 5, 1990 Start of the company according to the CBE. KBO

In short

From € 93,527 profit in 2022 to € 616,132 loss in 2025.

Paid € 37,383 in corporate taxes since 2022.

Best year ever: 2023, with € 186,015 profit.

Pays suppliers within 55 days on average.

Original PDFs at the National Bank ↗

Management

SELECT PRODUCT

SELECT CONSTRUCT 100%

It owns 100% of SELECT CONSTRUCT itself.

Directors

According to the 2025 annual accounts

SELAATTIN TURKOGLU

Managing director

Also active at: consulting general investments

since 2023 · until 2029

FILIZ DAGLI

Director

since 2023 · until 2029

Establishments

Establishment units

Physical locations of this company

Registered office

Rue de Liège(CO) 5

6180 Courcelles

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

SELECT CONSTRUCT same network

€ 4,309 gross margin · 2025

SAVEURS ET SELECTIONS

€ -556 gross margin · 2025

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

Details

Company number

0441.567.457

VAT number

BE 0441.567.457

Registered office

Rue de Liège(CO) 5, 6180 Courcelles

Names & denominations

SELECT PRODUCT

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

5 October 1990

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Detailhandel in vlees en vleesproducten, muv vlees van wild en van gevogelte

Detailhandel in vlees en vleeswaren

Groothandel in vlees en vleesproducten, uitgezonderd vlees van wild en van gevogelte

View on CBE Public ↗ Annual accounts (NBB) ↗

SELECT PRODUCT

Warning lights

Financials

What happened to SELECT PRODUCT?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions