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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Negative equity NBB
More debt than assets in 1 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2025.
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Tight liquidity NBB
Cash and receivables cover 13 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
97 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Selected Land from Elsene, company number BE0786900919, closed financial year 2025 with a result of € -2.3 million after tax. For that financial year Selected Land recorded a gross margin of € -32,189 and equity of € -1.8 million. Compared with financial year 2023, the result moved from € -730,552 to € -2.3 million. The company made a loss. 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 June 5, 2026.
€ -1.8 million
▼ € 2.3 million vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2.3 million
▼ 211 % more loss than in 2023
Profit after tax over the fiscal year.
€ 3,927
▼ 92% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3 million.
Debts at end 2025
€ 18.3 million
▲ 4% vs 2023
Loans from banks and other lenders, long and short.
€ 48,946
▼ 89% vs 2023
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -25,517 | € -75,499 | € -32,189 | ▲ € 43,310 |
| Profit after taxes | € -31,224 | € -730,552 | € -2,270,521 | ▼ € 1.5 million |
| Equity | € 18,776 | € 482,572 | € -1,787,949 | ▼ € 2.3 million |
| Total debts | € 7,283,183 | € 18,531,584 | € 21,172,788 | ▲ 14% |
| Cash | € 29,606 | € 50,585 | € 3,927 | ▼ 92% |
| Retained profit | € -31,224 | € -761,776 | € -3,032,296 | ▼ € 2.3 million |
| Bank debt | € 4,861,072 | € 17,691,495 | € 18,310,943 | ▲ 4% |
| Balance sheet total | € 7,301,959 | € 19,014,155 | € 19,384,839 | ▲ 2% |
Key figures of Selected Land, 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 July 2027.
What happened to Selected Land?
What happened at Selected Land in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2.3 million. Source: NBB ↗
- New establishment in Elsene. KBO
- Bart Van der Paal became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 31,224 loss in 2022 to € 2.3 million loss in 2025.
Paid € 1 in corporate taxes since 2022.
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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 Selected Land is Bart Van der Paal. Bart Van der Paal is also behind VDP INVEST, ABRIC 2, Selected Developments and Solid beheer & ontwikkeling.
Directors
According to the 2025 annual accounts
Bart Van der Paal
Director
Also active at: VDP INVEST, ABRIC 2, Selected Developments, Solid beheer & ontwikkeling
since 2022
Establishments
Establishment units
Physical locations of this company
Arnaud Fraiteurlaan 15-23
1050 Elsene
Arnaud Fraiteurlaan 15-23 box A21
1050 Elsene
Active since 8 June 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 97 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0786.900.919
- VAT number
- BE 0786.900.919
- Registered office
- Arnaud Fraiteurlaan 15-23, 1050 Elsene
- Names & denominations
- Selected Land
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 June 2022
- Peppol
- Active · Active since 18 Apr 2025
- Contact
- [email protected] 0475799359
- Activities · NACE
Verhuur en exploitatie van terreinen