Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
Financials
Financial year 2024
SELIN from Sint-Jans-Molenbeek, company number BE0882026839, closed financial year 2024 with a result of € 579 after tax. For that financial year SELIN recorded a gross margin of € 42,430 and equity of € -61,876. Compared with financial year 2023, the result moved from € -13,809 to € 579. Profitable, and profit is growing. 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 July 3, 2025.
€ -61,876
▲ € 579 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 579
▲ still € 13,809 loss in 2023
Profit after tax over the fiscal year.
€ 10,032
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -75,426.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 28,610
▼ 26% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 3,020
▼ 27% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 76,915
▲ 11% vs 2023
Loans from banks and other lenders, long and short.
€ 3,400
▲ € 2,560 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 16,586
▼ 9% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 49,869 | € 65,139 | € 37,803 | € 42,430 | ▲ 12% |
| Profit after taxes | € 11,814 | € 12,279 | € -13,809 | € 579 | ▲ € 14,388 |
| Equity | € -59,892 | € -47,613 | € -62,455 | € -61,876 | ▲ € 579 |
| Total debts | € 104,704 | € 92,583 | € 104,124 | € 101,901 | ▼ 2% |
| Cash | € 21,711 | € 10,019 | € 10,018 | € 10,032 | |
| Retained profit | € -73,442 | € -61,163 | € -76,005 | € -75,426 | ▲ € 579 |
| Bank debt | € 72,000 | € 62,000 | € 69,341 | € 76,915 | ▲ 11% |
| Balance sheet total | € 44,811 | € 44,970 | € 41,669 | € 40,026 | ▼ 4% |
Key figures of SELIN, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to SELIN?
What happened at SELIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 579. Source: NBB ↗
- MUHAMMET KALDAN became a director. NBB
- New establishment in Sint-Jans-Molenbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,814 profit in 2021 to € 579 profit in 2024.
Paid € 9,449 in corporate taxes since 2021.
Best year ever: 2022, with € 12,279 profit.
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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
Directors
According to the 2024 annual accounts
MUHAMMET KALDAN
Manager
since 2008
Establishments
Establishment units
Physical locations of this company
Potaerdenbergstraat 353 box 2
1080 Sint-Jans-Molenbeek
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0882.026.839
- VAT number
- BE 0882.026.839
- Registered office
- Potaerdenbergstraat 353 bus 2, 1080 Sint-Jans-Molenbeek
- Names & denominations
- SELIN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 June 2006
- Peppol
- Active · Active since 15 Sept 2025
- Activities · NACE
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