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 15 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HOBBY SELECT from Kortrijk, company number BE0472960716, closed financial year 2025 with a result of € 4,559 after tax. For that financial year HOBBY SELECT recorded a gross margin of € 169,912 and equity of € 65,392. Compared with financial year 2024, the result moved from € -8,302 to € 4,559. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 30, 2025.
€ 65,392
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,559
▲ still € 8,302 loss in 2024
Profit after tax over the fiscal year.
€ 16,100
▼ 61% 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 € -9,108.
People and assets in 2025
€ 105,472
▼ 22% 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.
Debts at end 2025
€ 315,570
▼ 16% vs 2024
€ 53,774 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 43,417
▲ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 21,164
▼ 20% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 240,347 | € 198,120 | € 190,729 | € 169,912 | ▼ 11% |
| Profit after taxes | € 1,454 | € -13,178 | € -8,302 | € 4,559 | ▲ € 12,861 |
| Equity | € 82,313 | € 69,135 | € 60,833 | € 65,392 | ▲ 7% |
| Total debts | € 489,894 | € 621,253 | € 442,627 | € 383,672 | ▼ 13% |
| Cash | € 21,143 | € 110,932 | € 40,833 | € 16,100 | ▼ 61% |
| Land & buildings | € 366,201 | € 336,667 | € 324,891 | € 292,022 | ▼ 10% |
| Retained profit | € 7,813 | € -5,365 | € -13,667 | € -9,108 | ▲ € 4,559 |
| Bank debt | € 382,695 | € 428,639 | € 376,579 | € 315,570 | ▼ 16% |
| Balance sheet total | € 572,208 | € 690,388 | € 503,460 | € 449,064 | ▼ 11% |
| Employees (FTE) | - | - | 3.5 | - |
Key figures of HOBBY SELECT, 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 October 2026.
What happened to HOBBY SELECT?
What happened at HOBBY SELECT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- JORIS DE PROFT stepped down as director. NBB
- VICKY BLONDEEL stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 4,559. Source: NBB ↗
- JORIS DE PROFT became a director. NBB
- VICKY BLONDEEL became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,454 profit in 2022 to € 4,559 profit in 2025.
Paid € 1,890 in corporate taxes since 2022.
Best year ever: 2025, with € 4,559 profit.
On average € 54,500 of value added per employee in 2024.
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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
JORIS DE PROFT
Director
since 2021 · until 2027
VICKY BLONDEEL
Managing director
since 2021 · until 2027
Establishments
Establishment units
Physical locations of this company
Passionistenlaan(Kor) 3
8500 Kortrijk
Passionistenlaan(Kor) 3 box B
8500 Kortrijk
Active since 21 March 2001
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0472.960.716
- VAT number
- BE 0472.960.716
- Registered office
- Passionistenlaan(Kor) 3, 8500 Kortrijk
- Names & denominations
- HOBBY SELECT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 October 2000
- Peppol
- Active · Active since 15 Sept 2025
- Activities · NACE
Detailhandel in huishoudtextiel en beddengoed
Detailhandel in textiel
Detailhandel in breigarens, handwerken en fournituren
Handelsbemiddeling in goederen, algemeen assortiment
Handelsbemiddeling in de niet-gespecialiseerde groothandel