Financials
Financial year 2025
SELECTIE - HOEVE from Oostende, company number BE0453406902, closed financial year 2025 with a result of € 178,253 after tax. For that financial year SELECTIE - HOEVE recorded a gross margin of € 298,231 and equity of € 816,092. Compared with financial year 2024, the result moved from € 121,468 to € 178,253. 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 October 19, 2026.
€ 816,092
▲ 28% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 178,253
▲ 47% vs 2024
Profit after tax over the fiscal year.
€ 6,081
▼ 76% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 642,566.
People and assets in 2025
€ 105,998
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 81,316
▼ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,387
▲ 31% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 20,485 | € 123,459 | € 229,927 | € 298,231 | ▲ 30% |
| Profit after taxes | € -51,498 | € 61,260 | € 121,468 | € 178,253 | ▲ 47% |
| Equity | € 454,614 | € 515,874 | € 637,342 | € 816,092 | ▲ 28% |
| Total debts | € 418,138 | € 290,211 | € 179,709 | € 126,703 | ▼ 29% |
| Cash | € 32,117 | € 24,281 | € 24,993 | € 6,081 | ▼ 76% |
| Land & buildings | € 202,672 | € 192,306 | € 220,557 | € 244,650 | ▲ 11% |
| Retained profit | € 281,089 | € 342,349 | € 463,817 | € 642,566 | ▲ 39% |
| Bank debt | € 109,645 | € 68,141 | € 55,200 | € 0 | ▼ 100% |
| Balance sheet total | € 894,806 | € 824,839 | € 832,539 | € 954,862 | ▲ 15% |
Key figures of SELECTIE - HOEVE, 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 SELECTIE - HOEVE?
What happened at SELECTIE - HOEVE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 178,253 (▲ 47% vs 2024). filed late Source: NBB ↗
- Geert Manhaeve became a director. NBB
- Eric Meseure became a director. NBB
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 51,498 loss in 2022 to € 178,253 profit in 2025.
Paid € 143,814 in corporate taxes since 2022.
Best year ever: 2025, with € 178,253 profit.
Management
Behind SELECTIE - HOEVE are Eric Meseure and Geert Manhaeve.
Directors
According to the 2025 annual accounts
Eric Meseure
Director
since 2010
Geert Manhaeve
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Grintweg 121
8400 Oostende
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0453.406.902
- VAT number
- BE 0453.406.902
- Registered office
- Grintweg 121, 8400 Oostende
- Names & denominations
- SELECTIE - HOEVE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 September 1994
- Peppol
- Active · Active since 24 Dec 2025
- Activities · NACE
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