SELECT
InactiveOverview
Overview
Official details
Source: KBO- Status
- Inactive last publication under the heading End on 03-03-2022
- Activity
- “De vennootschap heeft tot doel de uitbating van een kleinhandel met verscheidende afdelingen en…” (deed in Dutch)From the articles, 3 activitiesNo NACE code in the KBO yet
- Financial year end
- 30 June
- Peppol
- Not found in the Peppol Directory
Board and ownership
Board
- Bart CresensManaging director
- Mieke De KeyzerManaging director
Financial position
No score
Annual accounts to 30-06-2021
- Gross margin
- €785,847
- ▼ 67.0%
- Turnover
- ≈ €1.9m
- estimated
- Profit
- €365,525
- ▼ 49.2%
- Equity
- €2.3m
- ▲ 18.8%
- Total assets
- €3.2m
- ▲ 12.9%
Financials
Financials · financial year 2021, abbreviated format
2021 annual accounts filed 28 days after the deadline Filed on 28 February 2022, deadline 31 January 2022 (7 months after the close on 30 June 2021, Companies Code art. 3:10). Source: NBB, 2022-06600584.
Annual accounts 2021 filed on 28-02-2022 PDF all 45 filings
Turnover
≈ €1.9m
Estimated: probably between €1.1m and €3.2m
Total assets
€3.2m▲ 12.9%
2021 · €2.9m
Net result
€365,525▼ 49.2%
2021 · €719,360
Working capital
€1.5m▲ 55.7%
2021 · €958,764
Multi-year overview
2019 to 2021, 4 financial yearsOperating result
€515,947
2021
20192021
Net result
€365,525
2021
20192021
Equity
€2.3m
2021
20192021
Total assets
€3.2m
2021
20192021
Debt
€934,946
2021
20192021
Working capital
€1.5m
2021
20192021
Staff (FTE)
no figure
2021
20192021
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212021
Operating result€0.4m-€0.4m▼ 4.6%€1.0m▲ 176%€0.5m-
Net result€0.2m-€0.2m▲ 3.4%€0.7m▲ 214%€0.4m-
Equity€1.1m-€1.3m▲ 17.4%€1.9m▲ 45.7%€2.3m-
Total assets€2.8m-€3.0m▲ 7.7%€2.9m▼ 5.4%€3.2m-
Debt€1.6m-€1.7m▲ 3.9%€0.9m▼ 45.4%€0.9m-
Working capital€0.2m-€0.4m▲ 93.7%€1.0m▲ 143%€1.5m-
Staff (FTE)34.6-36.5▲ 5.5%37.4▲ 2.5%
Several financial years end in the same calendar year, so there is no annual trend.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2021 in colour, 2021 as the grey bar beneath
Assets €3.2m
Fixed assets
€1.0m ▼ 13.2%
Current assets
€2.2m ▲ 31.3%
Equity and liabilities €3.2m
Equity
€2.3m ▲ 18.8%
Provisions
€3,012 =
Debt
€934,946 ▲ 0.5%
Debt's share of the balance-sheet total falls from 32.3% to 28.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€550,950▼
2021 · €1.2m
Cash flow
€400,528▼
2021 · €903,769
Current ratio
3.07▲
2021 · 2.32
Quick ratio
2.53▲
2021 · 1.59
Debt to equity
0.09▼
2021 · 0.10
ROE
15.8%▼
2021 · 37.0%
ROA
11.3%▼
2021 · 25.0%
Debt ≤ 1 year
€721,120▼
2021 · €727,644
Debt > 1 year
€200,000=
2021 · €200,000
Income taxes
€148,192▼
2021 · €201,194
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2021 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.3m | €0.3m | €0.2m | €0.04m | - |
| Gross operating margin9900 | €1.7m | €1.7m | €2.4m | €0.8m | - |
| Operating profit (loss)9901 | €0.4m | €0.4m | €1.0m | €0.5m | - |
| Recurring financial income75 | €0.01m | €0.005m | €0.001m | €275 | - |
| Recurring financial charges65 | €0.07m | €0.07m | €0.07m | €0.003m | - |
| Profit (loss) for the period before taxes9903 | €0.3m | €0.3m | €0.9m | €0.5m | - |
| Income taxes67/77 | €0.1m | €0.07m | €0.2m | €0.1m | - |
| Profit (loss) for the period9904 | €0.2m | €0.2m | €0.7m | €0.4m | - |
| Profit (loss) for the period to be appropriated9905 | €0.2m | €0.2m | €0.7m | €0.4m | - |
| Line | 2019 | 2020 | 2021 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €2.8m | €3.0m | €2.9m | €3.2m | - |
| Formation expenses20 | €0 | - | - | - | - |
| Fixed assets21/28 | €1.3m | €1.2m | €1.2m | €1.0m | - |
| Intangible fixed assets21 | €0 | - | - | - | - |
| Tangible fixed assets22/27 | €1.3m | €1.2m | €1.2m | €1.0m | - |
| Financial fixed assets28 | €0.006m | €0.006m | €0.006m | €0.006m | - |
| Current assets29/58 | €1.5m | €1.8m | €1.7m | €2.2m | - |
| Stocks and contracts in progress3 | €0.5m | €0.5m | €0.5m | €0.4m | - |
| Amounts receivable within one year40/41 | €0.3m | €0.2m | €0.1m | €0.2m | - |
| Current investments50/53 | €0 | - | - | - | - |
| Cash at bank and in hand54/58 | €0.7m | €1.1m | €1.0m | €1.5m | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €2.8m | €3.0m | €2.9m | €3.2m | - |
| Equity10/15 | €1.1m | €1.3m | €1.9m | €2.3m | - |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | - |
| Reserves13 | €1.1m | €1.3m | €1.9m | €1.9m | - |
| Profit (loss) carried forward14 | €0 | - | - | €0.4m | - |
| Provisions and deferred taxes16 | €0.05m | €0.005m | €0.003m | €0.003m | - |
| Amounts payable17/49 | €1.6m | €1.7m | €0.9m | €0.9m | - |
| Amounts payable after more than one year17 | €0.3m | €0.2m | €0.2m | €0.2m | - |
| Amounts payable within one year42/48 | €1.3m | €1.5m | €0.7m | €0.7m | - |
| Trade debts44 | €0.3m | €0.3m | €0.4m | €0.4m | - |
| Line | 2019 | 2020 | 2021 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €221,469 | €228,894 | €719,360 | €365,525 | - |
| + Depreciation and write-downs630 | €254,233 | €306,192 | €184,409 | €35,003 | - |
| Operating cash flow (approximation) | €475,702 | €535,086 | €903,769 | €400,528 | - |
| Investment in fixed assets (approximation) | - | -€218,118 | -€177,495 | - | - |
| Change in cash | - | €461,675 | -€93,933 | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 45 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2021 | abbreviated format | 28-02-2022 | 2022-06600584 | |
| 31-03-2021 | abbreviated format | 19-05-2021 | 2021-14500339 | |
| 31-03-2020 | abbreviated format | 16-06-2020 | 2020-17200278 | |
| 31-03-2019 | abbreviated format | 21-06-2019 | 2019-21300075 | |
| 31-03-2018 | abbreviated format | 08-06-2018 | 2018-17100195 | |
| 31-03-2017 | abbreviated format | 19-07-2017 | 2017-34400043 | |
| 31-03-2016 | abbreviated format | 28-09-2016 | 2016-62200398 | |
| 31-03-2015 | abbreviated format | 07-10-2015 | 2015-64300038 | |
| 31-03-2014 | abbreviated format | 19-11-2014 | 2014-67200451 | |
| 31-03-2013 | abbreviated format | 22-11-2013 | 2013-66800230 |
Board & ownership
Directors
Directors
2 directors, 2 in day-to-day management, last change in 2021
Board 2
Bart Cresens
Current
Director · appointed in the act of 07-09-2021 · 6-year term from 2021 · also on the board of 7 other companies
Mieke De Keyzer
Current
Director · appointed in the act of 07-09-2021 · 6-year term from 2021 · also on the board of 17 other companies
Day-to-day management 2
Bart Cresens
Current
Managing director · appointed in the act of 07-09-2021 · 6-year term from 2021
Mieke De Keyzer
Current
Managing director · appointed in the act of 07-09-2021 · 6-year term from 2021
Owners and capital
Shareholders
Stated in the act
act of 27-12-2021 ↗
- TS 33 93 shares · 100%
Capital transactions
Capital over time
- 27-12-2021 Capital stated in the deed · 93 shares
Mandate history
6 people, 2 in office
- Board
- Day-to-day management
- mandate already running before its first mention
| Name | Functions and periods |
|---|---|
| Bart Cresens |
|
| Mieke De Keyzer |
|
| C-BA |
|
| Céline Huysentruyt |
|
| UNE DES DEUX |
|
| Veroniek Stichelbaut |
|
Network & group
Acquisitions and mergers
1 transactionTaken over by:TSD
Connections & network
25 connected companiesThis company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
ALAUDA
via Mieke De Keyzer and Bart Cresens
→
AMI 4
via Mieke De Keyzer and Bart Cresens
→
ARBOR
via Mieke De Keyzer and Bart Cresens · Director
→
Show 21 more companies with a shared director
Commercial Properties
via Mieke De Keyzer · Director
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G.I.V.O.
via Mieke De Keyzer · Director
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GINC-HO
via Mieke De Keyzer and Bart Cresens · Director
→
Hallo Kontich
via Mieke De Keyzer and Bart Cresens · Class A director
→
→
Lupes
via Mieke De Keyzer and Bart Cresens
→
NIELCO
via Mieke De Keyzer and Bart Cresens · Director
→
Retail Properties
via Mieke De Keyzer · Director
→
RUMCO
via Mieke De Keyzer and Bart Cresens · Director
→
SERBATOIO
via Mieke De Keyzer · Director
→
TERDECO
via Bart Cresens · Director
→
TS 33
via Bart Cresens · Permanent representative
→
TS Real Estate
via Mieke De Keyzer · Additional director
→
TSB
via Mieke De Keyzer and Bart Cresens · Director
→
TWO +
via Bart Cresens · Class B director
→
HZ-INVEST
via Bart Cresens · Director
former→
One+ city
via Bart Cresens · Director
former→
ONE+ Residential
via Bart Cresens · Director
former→
QCII
via Mieke De Keyzer · Director
former→
Super Invest
via Bart Cresens · Afgevaardigd bestuurder
former→
Timeline
Acts, filings and financial milestones
2022
03-03
Gazette deed
Merger: absorbed by TSDDissolution of the company · Dissolved without liquidation1 point ▸
Gazette deed
Merger: absorbed by TSD
Dissolution of the company · Dissolved without liquidation1 point ▸
- General meeting, 31-01-2022
- The act holds 17 more points.
28-02
abbreviated format · 28 days late
2021
27-12
Gazette deed
Merger proposal: to be absorbed by TSDTS 33 holds 93 shares (100%) · TS 33 holds 1,250 shares (100%) · TS 33 holds 2,000 shares (100%)12 points ▸
Gazette deed
Merger proposal: to be absorbed by TSD
TS 33 holds 93 shares (100%) · TS 33 holds 1,250 shares (100%) · TS 33 holds 2,000 shares (100%)12 points ▸
- Board composition, Bart Cresens (director), mentioned 2 times in the deed
- Board composition, Mieke De Keyzer (director), mentioned 2 times in the deed
- Director in office, Bart Cresens ((gedelegeerde) bestuurder), mentioned 4 times in the deed
- Director in office, Mieke De Keyzer ((gedelegeerde) bestuurder), mentioned 4 times in the deed
- 93 shares
- TS 33 holds 93 shares (100%)
- 1,250 shares, mentioned 2 times in the deed
- TS 33 holds 1,250 shares (100%), mentioned 2 times in the deed
- 2,000 shares
- TS 33 holds 2,000 shares (100%)
- 100 shares
- TS 33 holds 100 shares (100%)
- The act holds 24 more points.
07-09
Gazette deed
Registered office moved from Merien to PeltNew seat: Tielenstraat 33, 3900 Pelt · Previous seat: Lauwbergstraat 29, 8930 Merien · Resignations: C-BA BV, UNE DES DEUX BV and 2 others12 points ▸
Gazette deed
Registered office moved from Merien to Pelt
New seat: Tielenstraat 33, 3900 Pelt · Previous seat: Lauwbergstraat 29, 8930 Merien · Resignations: C-BA BV, UNE DES DEUX BV and 2 others12 points ▸
- General meeting, 02-08-2021
- Director resignation, C-BA BV (director)
- Director resignation, UNE DES DEUX BV (director)
- Director resignation, Céline Huysentruyt (director)
- Permanent representative, Sebastien Sintobin
- Permanent representative, Veroniek Stichelbaut
- Director appointment, Bart Cresens (director)
- Director appointment, Mieke De Keyzer (director)
- Board meeting, 02-08-2021
- Director resignation, UNE DES DEUX BV (managing director)
- Director appointment, Bart Cresens (managing director)
- Director appointment, Mieke De Keyzer (managing director)
- The act holds 3 more points.
30-06
Financial
Equity above €2mequity €2.3m ▲18.8%
With a profit in every financial year since 2019, equity grows to €2.3m.
19-05
abbreviated format · 165 days before the deadline
31-03
Financial
Highest result from 2019 to 2021net €719,360 ▲214%
The operating result of €988,810 and the net result of €719,360 are both a record.
2020
16-06
abbreviated format · 137 days before the deadline
2019
21-06
abbreviated format · 132 days before the deadline
2018
08-06
abbreviated format · 145 days before the deadline
2017
19-07
abbreviated format · 104 days before the deadline
2016
28-09
abbreviated format · 33 days before the deadline
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Inactive
Inactive
SELECT is no longer in the KBO register.
- Status
- Inactive
- Last annual accounts
- financial year to 30 June 2021
- Last registered office
- Tielenstraat 33, 3900 Peltas published on 3 March 2022
- Legal form
- Public limited company
- First annual accounts
- financial year 1977
Purpose according to the articles of association
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “De vennootschap heeft tot doel de uitbating van een kleinhandel met verscheidende afdelingen en ondermeer omvattende de handel in alle…”
3 activities
- De vennootschap heeft tot doel de uitbating van een kleinhandel met verscheidende afdelingen en ondermeer omvattende de handel in alle voedingswaren,tabak,vers vlees en bereide vleeswaren onder alle vormen,wild en gevogelte,vis,brood,gebak en pasteigebak en suikerwaren,fruit,groenten en zuivelprodukten,koloniale waren,wijnen,likeuren en alle andere dranken,drogerijartikelen,verven en onderhoudsprodukten,schoonheidsprodukten en toiletartikelen,schoenen,klederen en textielprodukten,onderhoudsapparaten,huishoudelijke apparaten,huisraad en meubelen onder de meest verscheidene vormen,geschenkartikelen,kunstartikelen en fantasieartikelen,allerhande toebehoren voor auto's,moto's en bromfietsen en fietsen,papierwaren,boeken,bureelartikelen en muziekartikelen,zoals instrumenten,platen,muziekuitgaven,sportartikelen,benodigdheden voor visvangst en jacht,speelgoed en kinder- en babyartikelen.
- Daarenboven alle nijverheids-en en burgerlijke verrichtingen,handelszaken en verhandelingen van onroerende of financiële aard die zich rechtstreeks of onrechtstreeks bij dit doel aansluiten of de uitbreiding ervan kunnen bevorderen.
- De vennootschap mag haat doel verwezenlijken,zo in België als in het buitenland,op alle wijzen en manieren die zij best geschikt zou achten.
Articles of association, deed of 27-12-2021 (in Dutch)