Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 45 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
20 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
SELECT GROUP from Antwerpen, company number BE0453302675, closed financial year 2025 with a result of € -1.5 million after tax. For that financial year SELECT GROUP recorded revenue of € 6.2 million and equity of € 1.8 million. Compared with financial year 2024, the result moved from € 3.1 million to € -1.5 million. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 1.8 million
▼ 46% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.5 million
▼ still € 3.1 million profit in 2024
Profit after tax over the fiscal year.
€ 291,576
▲ 66% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -439,061.
People and assets in 2025
13.8
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▼ 4% vs 2024
€ 81,600 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.
€ 7,792
▼ 13% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 37 million
▲ 15% vs 2024
€ 1.4 million is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 694,424
▼ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 62 days on average.
€ 128,797
▼ 33% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 2,905,144 | € 4,147,105 | € 6,450,939 | € 6,240,198 | ▼ 3% |
| Profit after taxes | € 2,160,663 | € 4,006,221 | € 3,130,472 | € -1,512,350 | ▼ € 4.6 million |
| Equity | € 2,841,235 | € 3,147,456 | € 3,277,928 | € 1,765,578 | ▼ 46% |
| Total debts | € 25,493,493 | € 33,127,797 | € 36,443,140 | € 38,032,353 | ▲ 4% |
| Cash | € 138,136 | € 53,463 | € 175,160 | € 291,576 | ▲ 66% |
| Land & buildings | € 627,743 | € 1,460,885 | € 1,391,456 | € 1,295,465 | ▼ 7% |
| Retained profit | € 636,596 | € 942,816 | € 1,073,289 | € -439,061 | ▼ € 1.5 million |
| Dividend | € 2,000,000 | € 3,700,000 | € 3,000,000 | € 0 | ▼ 100% |
| Bank debt | € 22,958,252 | € 28,456,853 | € 32,150,424 | € 37,036,190 | ▲ 15% |
| Balance sheet total | € 28,334,728 | € 36,285,257 | € 39,721,068 | € 39,797,931 | |
| Employees (FTE) | 13.5 | 12.3 | 13.6 | 13.8 | ▲ 0.2 |
Key figures of SELECT GROUP, 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 GROUP?
What happened at SELECT GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Lagom Projects BV stepped down as director. NBB
- NHU Consulting BV stepped down as director. NBB
- General Trade & Advice BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1.5 million (▼ € 4.6 million vs 2024). Source: NBB ↗
- Desau Consulting BV stepped down as director. NBB
- BGT Consulting NV stepped down as director. NBB
- Lagom Projects BV became a director. NBB
- NHU Consulting BV became a director. NBB
In short
From € 2.2 million profit in 2022 to € 1.5 million loss in 2025.
Paid € 21,120 in corporate taxes since 2022.
Best year ever: 2023, with € 4 million profit.
Paid out € 8.7 million in dividends to the owners in total.
A new publication or filing at SELECT GROUP? 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
The shares are held by Select Holding (100%). It owns 100% of NederlandVacature, 100% of iStorm IT & New Media Belgium, 100% of Select-Beopledd, 100% of Peps, 100% of 3W Select and 100% of Select Engineering BV itself.
Directors
According to the 2025 annual accounts
Bestuurder · represented by Charlot Van Ussel
Also active at: SELECT HUMAN RESOURCES, EUROGROUP CONSULTING BELGIUM, Arch International, ARCH GROUP, FLY Consult, PEPS, MAPARCO, 3W SELECT +13 more
since 2023 · until 2029
Bestuurder · represented by Nathalie Huysegems
Also active at: SELECT HUMAN RESOURCES, PEPS, 3W SELECT, EN International, Select-Beopledd, FRINVESTCO II, iStorm IT & New Media Belgium Permanent, PEPS INTERIM +1 more
since 2023 · until 2029
Bestuurder · represented by Dirk Driessens
Also active at: SELECT HUMAN RESOURCES, PEPS, 3W SELECT, Frinvestco, Sertius Group, SEPARCO, SELECT HOLDING, Together We Ride +4 more
since 2023 · until 2029
Bestuurder · represented by Jelle Destoop
Also active at: SELECT HUMAN RESOURCES, FLY Consult, PEPS, 3W SELECT, Select Medical, Frinvestco, EN International, EGHT CARE +11 more
since 2021 · until 2026
Gedelegeerd bestuurder · represented by Bart Gonnissen
Also active at: SELECT HUMAN RESOURCES, EUROGROUP CONSULTING BELGIUM, Arch International, ARCH GROUP, FLY Consult, PEPS, MAPARCO, 3W SELECT +16 more
since 2018 · until 2026
Shareholders
100%
Participations
NederlandVacature
100%
100%
100%
100%
Select Engineering BV
100%
100%
100%
Xpertize Luxemburg
99.9%
99%
Select HR Groep Nederland BV
80%
51%
51%
Buy and Build Group
45%
Xpertize.Ma
41%
37%
Establishments
Establishment units
Physical locations of this company
Transcontinentaalweg 13
2030 Antwerpen
Lage Kaart 71
2930 Brasschaat
Active since 23 October 2000
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 20 companies are registered at this address.
All companies at this address →SELECT HUMAN RESOURCES same network
€ 24.4 million revenue · 2025
PEPS same network
MAPARCO same network
3W SELECT same network
€ -57,168 gross margin · 2025
Select Medical same network
+15 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
- 0453.302.675
- VAT number
- BE 0453.302.675
- Registered office
- Transcontinentaalweg 13, 2030 Antwerpen
- Names & denominations
- SELECT GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 September 1994
- Peppol
- Active · Active since 13 Feb 2025
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Activiteiten van holdings
Managementactiviteiten van holdings
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Holdings