Financials
Financial year 2025
Sels Software & Security from Zutendaal, company number BE0748911858, closed financial year 2025 with a result of € 10,139 after tax. For that financial year Sels Software & Security recorded a gross margin of € 23,348 and equity of € 20,907. Compared with financial year 2024, the result moved from € 2,401 to € 10,139. Profitable, and profit is growing. 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 July 8, 2026.
€ 20,907
▲ 96% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,139
▲ € 7,738 vs 2024
Profit after tax over the fiscal year.
€ 10,754
▲ 4% 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 € 17,907.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 19,187
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4,096
▲ 117% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -29,379 | € -855 | € 11,604 | € 23,348 | ▲ 101% |
| Profit after taxes | € -30,488 | € -8,258 | € 2,401 | € 10,139 | ▲ € 7,738 |
| Equity | € 16,535 | € 8,277 | € 10,677 | € 20,907 | ▲ 96% |
| Total debts | € 4,867 | € 50,304 | € 33,008 | € 20,050 | ▼ 39% |
| Cash | € 15,760 | € 8,889 | € 10,333 | € 10,754 | ▲ 4% |
| Retained profit | € 13,535 | € 5,277 | € 7,677 | € 17,907 | ▲ 133% |
| Bank debt | € 142 | € 87 | € 149 | € 0 | ▼ 100% |
| Balance sheet total | € 21,402 | € 58,581 | € 43,686 | € 40,956 | ▼ 6% |
Key figures of Sels Software & Security, 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 Sels Software & Security?
What happened at Sels Software & Security in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 10,139 (▲ € 7,738 vs 2024). Source: NBB ↗
- New establishment in Zutendaal. KBO
- Start of the company according to the CBE. KBO
In short
From € 30,488 loss in 2022 to € 10,139 profit in 2025.
Paid € 4,766 in corporate taxes since 2022.
Best year ever: 2025, with € 10,139 profit.
Management
Behind Sels Software & Security is Olivier Sels.
Directors
According to the 2025 annual accounts
Olivier Sels
Director
Establishments
Establishment units
Physical locations of this company
Hoogputstraat 22 box B
3690 Zutendaal
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0748.911.858
- VAT number
- BE 0748.911.858
- Registered office
- Hoogputstraat 22 bus B, 3690 Zutendaal
- Names & denominations
- Sels Software & Security
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 June 2020
- Peppol
- Active · Active since 5 Jan 2026
- Activities · NACE
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