Financials
Financial year 2025
Selleslagh Racing Team from Berlare, company number BE0878150205, closed financial year 2025 with a result of € 48,669 after tax. For that financial year Selleslagh Racing Team recorded a gross margin of € 129,622 and equity of € 32,888. Compared with financial year 2024, the result moved from € 11,421 to € 48,669. 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 April 15, 2026.
€ 32,888
▲ € 47,003 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 48,669
▲ € 37,247 vs 2024
Profit after tax over the fiscal year.
€ 30,600
▲ 8% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1,666 paid out
3 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 63,432
▲ 7% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 27,233
▼ 7% 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.
€ 5,866
▼ 52% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,833
▲ 168% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 143,713 | € 167,992 | € 85,524 | € 129,622 | ▲ 52% |
| Profit after taxes | € 23,456 | € 91,295 | € 11,421 | € 48,669 | ▲ € 37,247 |
| Equity | € -116,831 | € -25,535 | € -14,114 | € 32,888 | ▲ € 47,003 |
| Total debts | € 237,344 | € 111,811 | € 87,905 | € 58,704 | ▼ 33% |
| Cash | € 6,136 | € 2,557 | € 28,412 | € 30,600 | ▲ 8% |
| Retained profit | € -129,231 | € -37,935 | € -26,514 | € 20,488 | ▲ € 47,003 |
| Dividend | € 0 | € 0 | € 0 | € 1,666 | |
| Bank debt | € 93,501 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 120,513 | € 86,275 | € 73,791 | € 91,592 | ▲ 24% |
Key figures of Selleslagh Racing Team, 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 Selleslagh Racing Team?
What happened at Selleslagh Racing Team in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 48,669 (▲ € 37,247 vs 2024). Source: NBB ↗
- New establishment in Merchtem. KBO
- New establishment in Berlare. KBO
- Start of the company according to the CBE. KBO
In short
From € 23,456 profit in 2022 to € 48,669 profit in 2025.
Paid € 2,068 in corporate taxes since 2022.
Best year ever: 2023, with € 91,295 profit.
Paid out € 1,666 in dividends to the owners in total.
Management
Behind Selleslagh Racing Team is Patrick Selleslagh.
Directors
According to the 2025 annual accounts
Patrick Selleslagh
Director
Establishments
Establishment units
Physical locations of this company
Fred De Bruynestraat(B) 30
9290 Berlare
Stoofstraat 39 C
1785 Merchtem
Active since 1 January 2026
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0878.150.205
- VAT number
- BE 0878.150.205
- Registered office
- Fred De Bruynestraat(B) 30, 9290 Berlare
- Names & denominations
- Selleslagh Racing Team · SRT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 2005
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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