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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Busy address KBO
20 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
SELECT PROJECTS from Antwerpen, company number BE0877938189, closed financial year 2025 with a result of € 1.3 million after tax. For that financial year SELECT PROJECTS recorded revenue of € 31.3 million and equity of € 3.3 million. Compared with financial year 2024, the result moved from € 1.6 million to € 1.3 million. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 3.3 million
▲ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.3 million
▼ 19% vs 2024
Profit after tax over the fiscal year.
€ 14,770
▼ 62% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 800,000 paid out
60 % of the profit went to the shareholders, mostly to Select Group (99 % of the shares). That is where the money ends up.
People and assets in 2025
168.4
▼ 2.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 12 million
▲ 5% vs 2024
€ 71,400 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.
Debts at end 2025
€ 1.1 million
Loans from banks and other lenders, long and short.
€ 5.2 million
▲ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 108 days on average.
€ 2.9 million
▲ 10% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 20,983,711 | € 25,113,361 | € 28,464,006 | € 31,280,038 | ▲ 10% |
| Profit after taxes | € 957,276 | € 1,609,985 | € 1,641,194 | € 1,322,374 | ▼ 19% |
| Equity | € 1,728,350 | € 2,263,335 | € 2,804,529 | € 3,326,902 | ▲ 19% |
| Total debts | € 7,390,076 | € 7,970,359 | € 9,130,801 | € 10,216,234 | ▲ 12% |
| Cash | € 139,884 | € 31,330 | € 39,368 | € 14,770 | ▼ 62% |
| Retained profit | € 1,666,850 | € 2,201,835 | € 2,743,029 | € 3,265,402 | ▲ 19% |
| Dividend | € 1,300,000 | € 1,075,000 | € 1,100,000 | € 800,000 | ▼ 27% |
| Bank debt | € 422,822 | € 351,301 | € 1,130,951 | € 1,127,069 | |
| Balance sheet total | € 9,211,925 | € 10,261,194 | € 11,935,330 | € 13,543,136 | ▲ 13% |
| Employees (FTE) | 165.9 | 166.6 | 170.6 | 168.4 | ▼ 2.2 |
Key figures of SELECT PROJECTS, 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 SELECT PROJECTS?
What happened at SELECT PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Select Group NV stepped down as director. NBB
- NHU Consulting BV stepped down as director. NBB
- General Trade & Advice BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.3 million (▼ 19% vs 2024). Source: NBB ↗
- Wendy Heylen stepped down as director. NBB
- Lagom Projects BV stepped down as director. NBB
- BGT Consulting NV stepped down as director. NBB
- Select Group NV became a director. NBB
In short
From € 957,276 profit in 2022 to € 1.3 million profit in 2025.
Paid € 2.6 million in corporate taxes since 2022.
Best year ever: 2024, with € 1.6 million profit.
Paid out € 4.3 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
The shares are held by Select Group (99%) and Select Human Resources (1%).
Directors
According to the 2025 annual accounts
since 2022 · until 2026
Bestuurder · represented by Jelle Destoop
Owns 1% via Select Human Resources
Also active at: SELECT HUMAN RESOURCES
since 2025 · until 2031
Bestuurder · represented by Charlot Van Ussel
Also active at: SELECT HUMAN RESOURCES, SELECT GROUP, EUROGROUP CONSULTING BELGIUM, Arch International, ARCH GROUP, FLY Consult, PEPS, MAPARCO +13 more
since 2020 · until 2026
Bestuurder · represented by Nathalie Huysegems
Also active at: SELECT HUMAN RESOURCES, SELECT GROUP, PEPS, 3W SELECT, EN International, Select-Beopledd, FRINVESTCO II, iStorm IT & New Media Belgium Permanent +1 more
since 2023 · until 2029
Bestuurder · represented by Dirk Driessens
Also active at: SELECT HUMAN RESOURCES, SELECT GROUP, PEPS, 3W SELECT, Frinvestco, Sertius Group, SEPARCO, SELECT HOLDING +4 more
since 2023 · until 2029
Bestuurder · represented by Bart Gonnissen
Also active at: SELECT HUMAN RESOURCES, SELECT GROUP, EUROGROUP CONSULTING BELGIUM, Arch International, ARCH GROUP, FLY Consult, PEPS, MAPARCO +16 more
since 2020 · until 2026
Shareholders
99%
Select Human Resources · holding of Select Group NV
1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Transcontinentaalweg 13
2030 Antwerpen
Rue Emile Francqui 4
1435 Mont-Saint-Guibert
Active since 1 June 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 20 companies are registered at this address.
All companies at this address →SELECT HUMAN RESOURCES same network
€ 24.4 million revenue · 2025
SELECT GROUP same network
€ 6.2 million revenue · 2025
PEPS same network
MAPARCO same network
3W SELECT same network
€ -57,168 gross margin · 2025
+15 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0877.938.189
- VAT number
- BE 0877.938.189
- Registered office
- Transcontinentaalweg 13, 2030 Antwerpen
- Names & denominations
- SELECT PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 December 2005
- Peppol
- Active · Active since 13 Feb 2025
- Activities · NACE
Activiteiten van uitzendbureaus en andere diensten in verband met personeelsvoorziening
Interimkantoren en tijdelijke tewerkstelling