What does Installatiebedrijf Sels do?

Installatiebedrijf Sels is a heating and ventilation installer in Ranst. Private Limited, started on 6 June 2019, 3 establishments.

What is the address of Installatiebedrijf Sels?

The registered office of Installatiebedrijf Sels is located at Lievevrouwestraat 13, 2520 Ranst.

Is Installatiebedrijf Sels still active?

Yes. According to the CBE (29 October 2026) Installatiebedrijf Sels is active, legal situation “Normale toestand”, started on 6 June 2019.

Is Installatiebedrijf Sels registered on Peppol?

Yes, Installatiebedrijf Sels is registered on the Peppol network with ID 0208:0727805351.

What is the enterprise number of Installatiebedrijf Sels?

The enterprise number of Installatiebedrijf Sels is BE0727805351.

When was Installatiebedrijf Sels founded?

Installatiebedrijf Sels was founded on 6 June 2019.

Who are the directors of Installatiebedrijf Sels?

According to the 2025 annual accounts, the directors of Installatiebedrijf Sels are: Mathijs Sels.

Is Installatiebedrijf Sels a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 6 June 2019; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account; 3 establishments in the CBE.

How much profit did Installatiebedrijf Sels make in 2025?

Installatiebedrijf Sels posted a profit after taxes of € 64,583 in financial year 2025.

What is the revenue of Installatiebedrijf Sels?

As a small company, Installatiebedrijf Sels is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 471,196.

How much does an employee at Installatiebedrijf Sels earn?

The average wage cost per full-time employee at Installatiebedrijf Sels was € 65,600 in 2025: staff costs of € 314,890 for 4.8 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Installatiebedrijf Sels have?

According to the 2025 annual accounts, Installatiebedrijf Sels has 4.8 full-time equivalents (FTE).

Installatiebedrijf Sels (Private Limited) - Ranst

Dossier Installatiebedrijf Sels, printed on 29 October 2026 from databakkes.be/en/0727805351/installatiebedrijf-sels. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Installatiebedrijf Sels from Ranst, company number BE0727805351, closed financial year 2025 with a result of € 64,583 after tax. For that financial year Installatiebedrijf Sels recorded a gross margin of € 471,196 and equity of € 203,865. Compared with financial year 2024, the result moved from € 37,206 to € 64,583. 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 27, 2026.

What it is worth Growing

€ 203,865

▲ 46% vs 2024

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

Profit Growing

€ 64,583

▲ 74% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 232,479

▲ 52% 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 € 193,865.

People and assets in 2025

Full-time equivalents

4.8

▲ 0.1 vs 2024

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

Wage cost

€ 314,890

▲ 13% vs 2024

€ 65,600 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.

Vehicles and equipment

€ 28,732

▼ 15% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 11 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.

€ 408,508

▼ 7% vs 2024

€ 38,739 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.

Owed to suppliers

€ 176,356

▲ 2% vs 2024

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

Taxes and wages

€ 18,314

▲ 59% 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	€ 219,697 Gross margin 2022: € 219,697 First fiscal year in the series	€ 302,060 Gross margin 2023: € 302,060 ▲ 37% vs 2022 (€ 219,697) Favourable step	€ 392,878 Gross margin 2024: € 392,878 ▲ 30% vs 2023 (€ 302,060) Favourable step	€ 471,196 Gross margin 2025: € 471,196 ▲ 20% vs 2024 (€ 392,878) Favourable step	▲ 20%
Profit after taxes	€ 62,752 Profit after taxes 2022: € 62,752 First fiscal year in the series	€ 39,258 Profit after taxes 2023: € 39,258 ▼ 37% vs 2022 (€ 62,752) Unfavourable step	€ 37,206 Profit after taxes 2024: € 37,206 ▼ 5% vs 2023 (€ 39,258) Unfavourable step	€ 64,583 Profit after taxes 2025: € 64,583 ▲ 74% vs 2024 (€ 37,206) Favourable step	▲ 74%
Equity	€ 162,818 Equity 2022: € 162,818 First fiscal year in the series	€ 202,076 Equity 2023: € 202,076 ▲ 24% vs 2022 (€ 162,818) Favourable step	€ 139,282 Equity 2024: € 139,282 ▼ 31% vs 2023 (€ 202,076) Unfavourable step	€ 203,865 Equity 2025: € 203,865 ▲ 46% vs 2024 (€ 139,282) Favourable step	▲ 46%
Total debts	€ 486,761 Total debts 2022: € 486,761 First fiscal year in the series	€ 477,295 Total debts 2023: € 477,295 ▼ 2% vs 2022 (€ 486,761) Favourable step	€ 625,201 Total debts 2024: € 625,201 ▲ 31% vs 2023 (€ 477,295) Unfavourable step	€ 624,478 Total debts 2025: € 624,478 Unchanged (€ 625,201) Favourable step
Cash	€ 101,755 Cash 2022: € 101,755 First fiscal year in the series	€ 137,442 Cash 2023: € 137,442 ▲ 35% vs 2022 (€ 101,755) Favourable step	€ 153,123 Cash 2024: € 153,123 ▲ 11% vs 2023 (€ 137,442) Favourable step	€ 232,479 Cash 2025: € 232,479 ▲ 52% vs 2024 (€ 153,123) Favourable step	▲ 52%
Land & buildings	€ 234,935 Land & buildings 2022: € 234,935 First fiscal year in the series	€ 228,352 Land & buildings 2023: € 228,352 ▼ 3% vs 2022 (€ 234,935) Unchanged	€ 221,770 Land & buildings 2024: € 221,770 ▼ 3% vs 2023 (€ 228,352) Unchanged	€ 215,187 Land & buildings 2025: € 215,187 ▼ 3% vs 2024 (€ 221,770) Unchanged	▼ 3%
Retained profit	€ 152,818 Retained profit 2022: € 152,818 First fiscal year in the series	€ 192,076 Retained profit 2023: € 192,076 ▲ 26% vs 2022 (€ 152,818) Favourable step	€ 129,282 Retained profit 2024: € 129,282 ▼ 33% vs 2023 (€ 192,076) Unfavourable step	€ 193,865 Retained profit 2025: € 193,865 ▲ 50% vs 2024 (€ 129,282) Favourable step	▲ 50%
Dividend	€ 30,000 Dividend 2022: € 30,000 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 30,000) Unchanged	€ 100,000 Dividend 2024: € 100,000 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 100,000) Unchanged	▼ 100%
Bank debt	€ 315,577 Bank debt 2022: € 315,577 First fiscal year in the series	€ 334,018 Bank debt 2023: € 334,018 ▲ 6% vs 2022 (€ 315,577) Unfavourable step	€ 441,065 Bank debt 2024: € 441,065 ▲ 32% vs 2023 (€ 334,018) Unfavourable step	€ 408,508 Bank debt 2025: € 408,508 ▼ 7% vs 2024 (€ 441,065) Favourable step	▼ 7%
Balance sheet total	€ 649,579 Balance sheet total 2022: € 649,579 First fiscal year in the series	€ 679,371 Balance sheet total 2023: € 679,371 ▲ 5% vs 2022 (€ 649,579) Unchanged	€ 764,483 Balance sheet total 2024: € 764,483 ▲ 13% vs 2023 (€ 679,371) Unchanged	€ 828,343 Balance sheet total 2025: € 828,343 ▲ 8% vs 2024 (€ 764,483) Unchanged	▲ 8%
Employees (FTE)	-	-	4.7 Employees (FTE) 2024: 4.7 First fiscal year in the series	4.8 Employees (FTE) 2025: 4.8 ▲ 0.1 vs 2024 (4.7) Unchanged	▲ 0.1

Key figures of Installatiebedrijf Sels, 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 Installatiebedrijf Sels?

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

Jul 27, 2026 New annual accounts for financial year 2025: profit of € 64,583 (▲ 74% vs 2024). Source: NBB ↗
Sep 1, 2023 New establishment in Ranst. KBO
Sep 1, 2023 New establishment in Ranst. KBO
Jun 6, 2019 New establishment in Ranst. KBO
2019 Mathijs Sels became a director. NBB
Jun 6, 2019 Start of the company according to the CBE. KBO

In short

From € 62,752 profit in 2022 to € 64,583 profit in 2025.

Paid € 85,985 in corporate taxes since 2022.

Best year ever: 2025, with € 64,583 profit.

On average € 98,200 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Mathijs Sels

Installatiebedrijf Sels

Mavi-Construct

Mavi-Invest

Behind Installatiebedrijf Sels is Mathijs Sels. Mathijs Sels is also behind Mavi-Construct and Mavi-Invest.

Directors

According to the 2025 annual accounts

Mathijs Sels

Director

Also active at: Mavi-Construct, Mavi-Invest

since 2019

Establishments

Establishment units

Physical locations of this company

Registered office

Lievevrouwestraat 13

2520 Ranst

2.349.115.910

Ter Stratenweg 44 UNIT 0

2520 Ranst

Active since 1 September 2023

2.349.116.009

Processieweg 44

2520 Ranst

Active since 1 September 2023

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

Optiek Jan Sels

€ 302,127 gross margin · 2025

IMM-OCULUS

€ 132,882 gross margin · 2025

SINGITA

€ 54,379 gross margin · 2026

MICEVE

€ 44,016 gross margin · 2025

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

Details

Company number

0727.805.351

VAT number

BE 0727.805.351

Registered office

Lievevrouwestraat 13, 2520 Ranst

Names & denominations

Installatiebedrijf Sels

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

6 June 2019

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit

Installatie van isolatie

Sanitaire werkzaamheden

Isolatiewerkzaamheden

View on CBE Public ↗ Annual accounts (NBB) ↗

Installatiebedrijf Sels

Financials

What happened to Installatiebedrijf Sels?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions