Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 43 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
SELECTS from Bornem, company number BE0731978529, closed financial year 2024 with a result of € 10,852 after tax. For that financial year SELECTS recorded a gross margin of € 537,926 and equity of € -27,734. Compared with financial year 2023, the result moved from € -103,915 to € 10,852. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 29, 2025.
€ -27,734
▲ € 10,852 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,852
▲ still € 103,915 loss in 2023
Profit after tax over the fiscal year.
€ 93,984
▲ 10% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -57,734.
People and assets in 2024
€ 463,022
▼ 12% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 6,679
▼ 10% vs 2023
Of which on lease € 456.
Debts at end 2024
€ 144,231
▼ 14% vs 2023
€ 29,499 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 100,466
▼ 22% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 99,075
▼ 4% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 532,374 | € 529,807 | € 479,659 | € 537,926 | ▲ 12% |
| Profit after taxes | € 50,295 | € -29,046 | € -103,915 | € 10,852 | ▲ € 114,767 |
| Equity | € 94,374 | € 65,328 | € -38,586 | € -27,734 | ▲ € 10,852 |
| Total debts | € 363,500 | € 399,447 | € 408,543 | € 353,145 | ▼ 14% |
| Cash | € 166,988 | € 177,569 | € 85,776 | € 93,984 | ▲ 10% |
| Retained profit | € 64,374 | € 35,328 | € -68,586 | € -57,734 | ▲ € 10,852 |
| Bank debt | € 175,502 | € 172,807 | € 167,241 | € 144,231 | ▼ 14% |
| Balance sheet total | € 457,874 | € 464,775 | € 369,957 | € 325,411 | ▼ 12% |
| Employees (FTE) | - | - | 12.6 | - |
Key figures of SELECTS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to SELECTS?
What happened at SELECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 10,852. filed late Source: NBB ↗
- New establishment in Puurs-Sint-Amands. KBO
- New establishment in Bornem. KBO
- New establishment in Bornem. KBO
- New establishment in Bornem. KBO
- Start of the company according to the CBE. KBO
In short
From € 50,295 profit in 2021 to € 10,852 profit in 2024.
Paid € 2,221 in corporate taxes since 2021.
Best year ever: 2021, with € 50,295 profit.
On average € 38,100 of value added per employee in 2023.
A new publication or filing at SELECTS? We notify you, reason included.
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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 2024 annual accounts
Ellen Poels
Administrator-manager
Establishments
Establishment units
Physical locations of this company
Boomstraat(BOR) 15
2880 Bornem
Edmond Vleminckxstraat(HIN) 5
2880 Bornem
Active since 1 October 2019
Bovenstraat(BRA) 2
2880 Bornem
Active since 1 May 2020
Kalfortdorp 43
2870 Puurs-Sint-Amands
Active since 1 December 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0731.978.529
- VAT number
- BE 0731.978.529
- Registered office
- Boomstraat(BOR) 15, 2880 Bornem
- Names & denominations
- SELECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 August 2019
- Peppol
- Active · Active since 11 Aug 2026
- Activities · NACE
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