Financials
Financial year 2025
SELECT STYLE from Brugge, company number BE0448560266, closed financial year 2025 with a result of € 204,029 after tax. For that financial year SELECT STYLE recorded a gross margin of € 439,910 and equity of € 629,934. Compared with financial year 2024, the result moved from € 131,860 to € 204,029. Profitable, and profit is growing. 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 June 9, 2026.
€ 629,934
▲ 42% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 204,029
▲ 55% vs 2024
Profit after tax over the fiscal year.
€ 393,049
▲ 129% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 18,250 paid out
9 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
2
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 83,208
▲ 7% vs 2024
€ 41,600 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.
€ 22,064
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 317,939
▼ 9% vs 2024
€ 29,676 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 17,541
▼ 44% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 50,942
▼ 21% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 223,687 | € 277,294 | € 340,291 | € 439,910 | ▲ 29% |
| Profit after taxes | € 89,373 | € 95,522 | € 131,860 | € 204,029 | ▲ 55% |
| Equity | € 216,773 | € 312,295 | € 444,155 | € 629,934 | ▲ 42% |
| Total debts | € 513,762 | € 515,648 | € 450,346 | € 404,847 | ▼ 10% |
| Cash | € 48,733 | € 92,497 | € 171,682 | € 393,049 | ▲ 129% |
| Land & buildings | € 421,667 | € 427,422 | € 422,744 | € 418,067 | ▼ 1% |
| Retained profit | € 210,573 | € 306,095 | € 437,955 | € 623,734 | ▲ 42% |
| Dividend | € 0 | € 0 | € 0 | € 18,250 | |
| Bank debt | € 421,586 | € 397,695 | € 351,204 | € 317,939 | ▼ 9% |
| Balance sheet total | € 730,535 | € 827,944 | € 894,501 | € 1,034,781 | ▲ 16% |
| Employees (FTE) | 1.2 | 2.2 | 2.1 | 2 | ▼ 0.1 |
Key figures of SELECT STYLE, 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 STYLE?
What happened at SELECT STYLE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 204,029 (▲ 55% vs 2024). Source: NBB ↗
- New establishment in Brugge. KBO
- New establishment in Brugge. KBO
- Steve Vanhulle became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 89,373 profit in 2022 to € 204,029 profit in 2025.
Paid € 232,377 in corporate taxes since 2022.
Best year ever: 2025, with € 204,029 profit.
On average € 220,000 of value added per employee in 2025.
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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
Steve Vanhulle
Director
since 1992
Establishments
Establishment units
Physical locations of this company
Dreef ter Panne 1A
8000 Brugge
Dreef ter Panne 1 A
8000 Brugge
Active since 25 November 1992
Dreef ter Panne 10 box H
8000 Brugge
Active since 12 May 2026
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0448.560.266
- VAT number
- BE 0448.560.266
- Registered office
- Dreef ter Panne 1A, 8000 Brugge
- Names & denominations
- SELECT STYLE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 October 1992
- Peppol
- Active · Active since 30 Oct 2024
- Activities · NACE
Overige niet-gespecialiseerde detailhandel
Vervaardiging van eetkamer-, zitkamer-, slaapkamer- en badkamermeubelen
Vervaardiging van stoelen en zitmeubelen voor woningen en kantoren
Detailhandel via postorderbedrijven of via internet
Plaatsen van behang en vloerbedekking en wandbekleding van andere materialen
Detailhandel in verlichtingsartikelen
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in artikelen voor verlichting en woninginrichting
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