Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 51 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SELSation from Hemiksem, company number BE0704713314, closed financial year 2025 with a result of € 29,653 after tax. For that financial year SELSation recorded a gross margin of € 63,267 and equity of € 341,847. Compared with financial year 2024, the result moved from € 43,583 to € 29,653. The company is profitable. 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 September 29, 2026.
€ 341,847
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 29,653
▼ 32% vs 2024
Profit after tax over the fiscal year.
€ 4,855
▼ 99% 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 € 323,247.
People and assets in 2025
€ 7,249
▲ 9% 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
€ 46
Loans from banks and other lenders, long and short.
€ 5,592
▲ 208% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,561
▼ 32% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 87,642 | € 65,647 | € 76,071 | € 63,267 | ▼ 17% |
| Profit after taxes | € 47,852 | € 33,958 | € 43,583 | € 29,653 | ▼ 32% |
| Equity | € 234,653 | € 268,611 | € 312,194 | € 341,847 | ▲ 9% |
| Total debts | € 116,325 | € 105,724 | € 64,686 | € 26,434 | ▼ 59% |
| Cash | € 296,372 | € 325,613 | € 331,608 | € 4,855 | ▼ 99% |
| Retained profit | € 216,053 | € 250,011 | € 293,594 | € 323,247 | ▲ 10% |
| Bank debt | € 0 | € 0 | € 0 | € 46 | |
| Balance sheet total | € 350,979 | € 374,335 | € 376,880 | € 368,280 | ▼ 2% |
Key figures of SELSation, 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 SELSation?
What happened at SELSation in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 29,653 (▼ 32% vs 2024). filed late Source: NBB ↗
- New establishment in Hemiksem. KBO
- Start of the company according to the CBE. KBO
- Wouter Sels became a director. NBB
- Sandra Van de Straete became a director. NBB
In short
From € 47,852 profit in 2022 to € 29,653 profit in 2025.
Paid € 56,285 in corporate taxes since 2022.
Best year ever: 2022, with € 47,852 profit.
Management
Behind SELSation are Wouter Sels and Sandra Van de Straete.
Directors
According to the 2025 annual accounts
Wouter Sels
Director
since 2018
Sandra Van de Straete
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Eikenlaan 36
2620 Hemiksem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
one.com Mail
Hosting
SQUARESPACE - Squarespace, Inc., US
Domain
Domain
selsation.be
Registered
2015-04-01
Website info
Features
Security
Network
Details
- Company number
- 0704.713.314
- VAT number
- BE 0704.713.314
- Registered office
- Eikenlaan 36, 2620 Hemiksem
- Names & denominations
- SELSation
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 September 2018
- Peppol
- Active · Active since 10 Dec 2025
- Contact
- selsation.be
- Activities · NACE
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