Financials
Financial year 2025
SELTIM from Kruisem, company number BE0743523707, closed financial year 2025 with a result of € 1 million after tax. For that financial year SELTIM recorded a gross margin of € 1.7 million and equity of € 1 million. Compared with financial year 2024, the result moved from € 862,974 to € 1 million. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on December 18, 2025.
€ 1 million
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1 million
▲ 19% vs 2024
Profit after tax over the fiscal year.
€ 699,631
▲ 26% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.1 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
0.8
Average over the fiscal year, from the social balance sheet.
€ 31,049
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 70,132
▼ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 92,502
▼ 14% vs 2024
€ 15,000 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 136,233
▼ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 303,482
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 46,094 | € 1,312,689 | € 1,216,442 | € 1,663,573 | ▲ 37% |
| Profit after taxes | € 30,597 | € 981,391 | € 862,974 | € 1,030,345 | ▲ 19% |
| Equity | € -9,463 | € 971,928 | € 1,134,902 | € 1,035,345 | ▼ 9% |
| Total debts | € 713,644 | € 530,582 | € 682,762 | € 1,676,727 | ▲ 146% |
| Cash | € 8,042 | € 265,166 | € 555,242 | € 699,631 | ▲ 26% |
| Land & buildings | € 182,907 | € 190,789 | € 182,768 | € 174,748 | ▼ 4% |
| Retained profit | € -14,463 | € 966,928 | € 1,129,902 | € 1,030,345 | ▼ 9% |
| Dividend | € 0 | € 0 | € 700,000 | € 1,129,902 | ▲ 61% |
| Bank debt | € 365,769 | € 120,000 | € 107,770 | € 92,502 | ▼ 14% |
| Balance sheet total | € 704,181 | € 1,502,509 | € 1,817,664 | € 2,712,072 | ▲ 49% |
| Employees (FTE) | - | - | - | 0.8 |
Key figures of SELTIM, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to SELTIM?
What happened at SELTIM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1 million (▲ 19% vs 2024). Source: NBB ↗
- New establishment in Kruisem. KBO
- Start of the company according to the CBE. KBO
In short
From € 30,597 profit in 2022 to € 1 million profit in 2025.
Paid € 1.1 million in corporate taxes since 2022.
Best year ever: 2025, with € 1 million profit.
Paid out € 1.8 million in dividends to the owners in total.
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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
Behind SELTIM are Christ Berth and Anita Holvoet.
Directors
According to the 2025 annual accounts
Christ Berth
Director
Anita Holvoet
Director
Establishments
Establishment units
Physical locations of this company
Peerdekouterstraat(NOK) 1
9771 Kruisem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0743.523.707
- VAT number
- BE 0743.523.707
- Registered office
- Peerdekouterstraat(NOK) 1, 9771 Kruisem
- Names & denominations
- SELTIM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 February 2020
- Peppol
- Active · Active since 26 Jan 2024
- Contact
- [email protected] 0477/309.439
- Activities · NACE
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