What does USelect do?

USelect is a brewery in Gent. Private Limited, started on 24 January 2018, 1 establishment.

What is the address of USelect?

The registered office of USelect is located at Poortakkerstraat 37D, 9051 Gent.

Is USelect still active?

Yes. According to the CBE (29 October 2026) USelect is active, legal situation “Normale toestand”, started on 24 January 2018.

Is USelect registered on Peppol?

Yes, USelect is registered on the Peppol network with ID 0208:0688820160.

What is the enterprise number of USelect?

The enterprise number of USelect is BE0688820160.

When was USelect founded?

USelect was founded on 24 January 2018.

Who are the directors of USelect?

According to the 2025 annual accounts, the directors of USelect are: USelect Holding BV.

Is USelect a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 24 January 2018; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did USelect make in 2025?

USelect posted a profit after taxes of € 1,154,300 in financial year 2025.

What is the revenue of USelect?

As a small company, USelect is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 3,961,334.

How much does an employee at USelect earn?

The average wage cost per full-time employee at USelect was € 69,500 in 2025: staff costs of € 1.4 million for 20.1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does USelect have?

According to the 2025 annual accounts, USelect has 20.1 full-time equivalents (FTE).

USelect (Private Limited) - Gent - BE0688820160

Dossier USelect, printed on 29 October 2026 from databakkes.be/en/0688820160/uselect. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

USelect from Gent, company number BE0688820160, closed financial year 2025 with a result of € 1.2 million after tax. For that financial year USelect recorded a gross margin of € 4 million and equity of € 1.1 million. Compared with financial year 2024, the result moved from € -59,577 to € 1.2 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.

What it is worth Growing

€ 1.1 million

▲ € 1.2 million vs 2024

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

Profit Growing

€ 1.2 million

▲ still € 59,577 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 83,814

▲ 114% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -226,967.

People and assets in 2025

Full-time equivalents

20.1

▼ 2.3 vs 2024

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

Wage cost

€ 1.4 million

€ 69,500 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

€ 17,315

▼ 99% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 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.

€ 697,469

▼ 85% vs 2024

€ 116,268 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 1.3 million

▼ 28% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 893,482

▲ € 692,830 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
Gross margin	€ 1,455,885 Gross margin 2022: € 1,455,885 First fiscal year in the series	€ 2,500,103 Gross margin 2023: € 2,500,103 ▲ 72% vs 2022 (€ 1,455,885) Favourable step	€ 2,680,100 Gross margin 2024: € 2,680,100 ▲ 7% vs 2023 (€ 2,500,103) Favourable step	€ 3,961,334 Gross margin 2025: € 3,961,334 ▲ 48% vs 2024 (€ 2,680,100) Favourable step	▲ 48%
Profit after taxes	€ -807,858 Profit after taxes 2022: € -807,858 First fiscal year in the series	€ -365,425 Profit after taxes 2023: € -365,425 ▲ € 442,433 vs 2022 (€ -807,858) Favourable step	€ -59,577 Profit after taxes 2024: € -59,577 ▲ € 305,849 vs 2023 (€ -365,425) Favourable step	€ 1,154,300 Profit after taxes 2025: € 1,154,300 ▲ € 1.2 million vs 2024 (€ -59,577) Favourable step	▲ € 1.2 million
Equity	€ 395,034 Equity 2022: € 395,034 First fiscal year in the series	€ 29,609 Equity 2023: € 29,609 ▼ 93% vs 2022 (€ 395,034) Unfavourable step	€ -29,968 Equity 2024: € -29,968 ▼ € 59,577 vs 2023 (€ 29,609) Unfavourable step	€ 1,124,332 Equity 2025: € 1,124,332 ▲ € 1.2 million vs 2024 (€ -29,968) Favourable step	▲ € 1.2 million
Total debts	€ 6,508,183 Total debts 2022: € 6,508,183 First fiscal year in the series	€ 8,630,835 Total debts 2023: € 8,630,835 ▲ 33% vs 2022 (€ 6,508,183) Unfavourable step	€ 8,258,648 Total debts 2024: € 8,258,648 ▼ 4% vs 2023 (€ 8,630,835) Favourable step	€ 5,724,357 Total debts 2025: € 5,724,357 ▼ 31% vs 2024 (€ 8,258,648) Favourable step	▼ 31%
Cash	€ 75,817 Cash 2022: € 75,817 First fiscal year in the series	€ 127,235 Cash 2023: € 127,235 ▲ 68% vs 2022 (€ 75,817) Favourable step	€ 39,222 Cash 2024: € 39,222 ▼ 69% vs 2023 (€ 127,235) Unfavourable step	€ 83,814 Cash 2025: € 83,814 ▲ 114% vs 2024 (€ 39,222) Favourable step	▲ 114%
Retained profit	€ -956,265 Retained profit 2022: € -956,265 First fiscal year in the series	€ -1,321,690 Retained profit 2023: € -1,321,690 ▼ € 365,425 vs 2022 (€ -956,265) Unfavourable step	€ -1,381,267 Retained profit 2024: € -1,381,267 ▼ € 59,577 vs 2023 (€ -1,321,690) Unfavourable step	€ -226,967 Retained profit 2025: € -226,967 ▲ € 1.2 million vs 2024 (€ -1,381,267) Favourable step	▲ € 1.2 million
Bank debt	€ 4,743,238 Bank debt 2022: € 4,743,238 First fiscal year in the series	€ 4,951,563 Bank debt 2023: € 4,951,563 ▲ 4% vs 2022 (€ 4,743,238) Unfavourable step	€ 4,614,813 Bank debt 2024: € 4,614,813 ▼ 7% vs 2023 (€ 4,951,563) Favourable step	€ 697,469 Bank debt 2025: € 697,469 ▼ 85% vs 2024 (€ 4,614,813) Favourable step	▼ 85%
Balance sheet total	€ 6,903,217 Balance sheet total 2022: € 6,903,217 First fiscal year in the series	€ 8,660,444 Balance sheet total 2023: € 8,660,444 ▲ 25% vs 2022 (€ 6,903,217) Unchanged	€ 8,228,680 Balance sheet total 2024: € 8,228,680 ▼ 5% vs 2023 (€ 8,660,444) Unchanged	€ 6,848,689 Balance sheet total 2025: € 6,848,689 ▼ 17% vs 2024 (€ 8,228,680) Unchanged	▼ 17%
Employees (FTE)	13.7 Employees (FTE) 2022: 13.7 First fiscal year in the series	19.6 Employees (FTE) 2023: 19.6 ▲ 5.9 vs 2022 (13.7) Unchanged	22.4 Employees (FTE) 2024: 22.4 ▲ 2.8 vs 2023 (19.6) Unchanged	20.1 Employees (FTE) 2025: 20.1 ▼ 2.3 vs 2024 (22.4) Unchanged	▼ 2.3

Key figures of USelect, 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 USelect?

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

Jul 1, 2026 New annual accounts for financial year 2025: profit of € 1.2 million. Source: NBB ↗
Apr 1, 2019 New establishment in Gent. KBO
Jan 24, 2018 Start of the company according to the CBE. KBO

In short

From € 807,858 loss in 2022 to € 1.2 million profit in 2025.

Paid € 23,762 in corporate taxes since 2022.

Best year ever: 2025, with € 1.2 million profit.

On average € 197,100 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

USelect Holding 100%

The stake of USelect Holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

USelect

Behind USelect is USelect Holding BV. The shares are held by USelect Holding (100%).

Directors

According to the 2025 annual accounts

USelect Holding BV

Director · represented by Wout Meuleman

Also active at: USelect Evergem

Shareholders

USelect Holding

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Poortakkerstraat 37D

9051 Gent

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

Details

Company number

0688.820.160

VAT number

BE 0688.820.160

Registered office

Poortakkerstraat 37D, 9051 Gent

Names & denominations

USelect

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

24 January 2018

Peppol

Active · Active since 29 Nov 2025

Activities · NACE

Vervaardiging van bier

Groothandel in dranken, algemeen assortiment

Detailhandel in dranken, algemeen assortiment

View on CBE Public ↗ Annual accounts (NBB) ↗

USelect

Financials

What happened to USelect?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions