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SELECT BEHEER

Active
Partnership limited by sharesfounded 199926 yrs activeMoerkantsebaan 308, 2910 Essen, BelgiumKBO/BCE: BE 0468.621.846
Summary

For the legal form of SELECT BEHEER, Checked does not compute a bankruptcy probability. For SELECT BEHEER, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€2.0m) and a net result of €419,615. Equity is growing by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 9388 sector peers (fiscal year 2023). The company has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability100=
Solvency0=
Growth78=
Track record100
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Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline29-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 04-10-2024, 65 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
65 d late
2022
140 d late
2021
142 d late
2020
136 d late
2019
138 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 124 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

SELECT BEHEER was incorporated on 17 December 1999.1 Total assets went from EUR 740,673 in 2018 to EUR 750,283 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2023

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Financials · fiscal year 2023, abbreviated schema

Equity
-€2.0m▲ 17.2%
2022 · -€2.4m
Total assets
€750,283▲ 140%
2022 · €311,984
Net result
€419,615▼ 41.7%
2022 · €720,201
Working capital
-€2.0m▲ 22.3%
2022 · -€2.6m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020202120222023
Operating result-€131,082▲ 4.9%-€112,557▲ 14.1%€119,803€853,234▲ 612%€416,381▼ 51.2%
Net result-€203,444▲ 2.6%-€186,639below the sector's middle half▲ 8.3%€119,738above the sector's middle half€720,201above the sector's middle half▲ 501%€419,615above the sector's middle half▼ 41.7%
Equity-€3.1m▼ 7.0%-€3.3mbelow the sector's middle half▼ 6.0%-€3.2mbelow the sector's middle half▲ 3.6%-€2.4mbelow the sector's middle half▲ 22.8%-€2.0mbelow the sector's middle half▲ 17.2%
Total assets€604,545▼ 18.4%€529,201below the sector's middle half▼ 12.5%€374,613below the sector's middle half▼ 29.2%€311,984below the sector's middle half▼ 16.7%€750,283within the sector's middle half▲ 140%
Debt€3.7m▲ 1.9%€3.8m▲ 3.0%€3.5m▼ 7.2%€2.8m▼ 22.1%€2.8m▲ 0.7%
Working capital-€3.6m▼ 2.3%-€3.7mbelow the sector's middle half▼ 2.9%-€3.4mbelow the sector's middle half▲ 8.6%-€2.6mbelow the sector's middle half▲ 22.9%-€2.0mbelow the sector's middle half▲ 22.3%
Solvency-512.5%▼ 121.7pp-620.7%below the sector's middle half▼ 108.2pp-844.9%below the sector's middle half▼ 224.2pp-783.7%below the sector's middle half▲ 61.2pp-270.0%below the sector's middle half▲ 513.8pp
Current ratio0.03=0.03below the sector's middle half=0.04below the sector's middle half▲ 0.010.06below the sector's middle half▲ 0.010.27below the sector's middle half▲ 0.22
Return on assets (ROA)-33.7%▼ 5.5pp-35.3%below the sector's middle half▼ 1.6pp32.0%above the sector's middle half▲ 67.2pp230.8%above the sector's middle half▲ 198.9pp55.9%above the sector's middle half▼ 174.9pp
Staff (FTE)0within the sector's middle half
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€500,000€0€500,000€1.0mOperating result 2019: -€131,082-€131,082Net result 2019: -€203,444-€203,444Operating result 2020: -€112,557-€112,557Net result 2020: -€186,639-€186,639Operating result 2021: €119,803€119,803Net result 2021: €119,738€119,738Operating result 2022: €853,234€853,234Net result 2022: €720,201€720,201Operating result 2023: €416,381€416,381Net result 2023: €419,615€419,61520192020202120222023€0€250,000€500,000€750,000Operating result 2021: €119,803€120,000Net result 2021: €119,738€120,000Operating result 2022: €853,234€853,000Net result 2022: €720,201€720,000Operating result 2023: €416,381€416,000Net result 2023: €419,615€420,000202120222023
The operating result falls in 2023; 2023 is 51% below 2022.
Key figures and ratios
2023 value · change against 2022
EBITDA
€417,337▼
2022 · €908,578
Cash flow
€420,571▼
2022 · €775,545
Debt to equity
-1.37▼
2022 · -1.13
Interest coverage
4139.02▼
2022 · 30285.93
Debt ≤ 1 year
€2.8m▲
2022 · €2.8m
Income taxes
€0▼
2022 · €133,003
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 40 lines
Balance sheet Code20222023
Assets
Total assets20/58€311,984€750,283▲
Fixed assets21/28€160,336€0▼
Tangible fixed assets22/27€160,336€0▼
Land and buildings22€159,380€0▼
Plant, machinery and equipment23€956€0▼
Current assets29/58€151,648€750,283▲
Amounts receivable within one year40/41€128,302€731,529▲
Trade receivables40€95,094€0▼
Other amounts receivable41€33,207€731,529▲
Cash at bank and in hand54/58€13,533€8,940▼
Deferred charges and accrued income490/1€9,814€9,814=
Equity and liabilities
Total equity and liabilities10/49€311,984€750,283▲
Equity10/15-€2.4m-€2.0m▲
Contributions10/11€62,000€62,000=
Capital10-€62,000
Issued capital100-€62,000
Outside capital11€62,000-
Other1109/19€62,000-
Profit (loss) carried forward14-€2.5m-€2.1m▲
Amounts payable17/49€2.8m€2.8m▲
Amounts payable within one year42/48€2.8m€2.8m▲
Trade debts44€48,551€67,234▲
Suppliers440/4€48,551€67,234▲
Other amounts payable47/48€2.7m€2.7m=
Income statement Code20222023
Non-recurring operating income76A€980,000€534,540▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€55,344€956▼
Other operating charges640/8€450€3,343▲
Gross operating margin9900€909,027€420,681▼
Operating profit (loss)9901€853,234€416,381▼
Financial income75/76B-€3,335
Recurring financial income75-€3,335
Financial charges65/66B€30€101▲
Recurring financial charges65€30€101▲
Profit (loss) for the period before taxes9903€853,204€419,615▼
Income taxes67/77€133,003€0▼
Profit (loss) for the period9904€720,201€419,615▼
Profit (loss) for the period to be appropriated9905€720,201€419,615▼
Appropriation of the result
Profit (loss) to be appropriated9906-€2.5m-€2.1m▲
Profit (loss) brought forward from the previous period14P-€3.2m-€2.5m▲
Social balance
Average headcount (FTE)9087-0.0

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Non-recurring operating income76A--€184,843€980,000€534,540▼ 45.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€121,824€85,598€55,344€55,344€956▼ 98.3%
Other operating charges640/8--€449€450€3,343▲ 644%
Gross operating margin9900€1,977€8,155€175,595€909,027€420,681▼ 53.7%
Operating profit (loss)9901-€131,082-€112,557€119,803€853,234€416,381▼ 51.2%
Financial income75/76B----€3,335-
Recurring financial income75-€1--€3,335-
Financial charges65/66B--€65€30€101▲ 236%
Recurring financial charges65€72,361€74,083€65€30€101▲ 236%
Profit (loss) for the period before taxes9903-€203,444-€186,639€119,738€853,204€419,615▼ 50.8%
Income taxes67/77---€133,003€0▼ 100%
Profit (loss) for the period9904-€203,444-€186,639€119,738€720,201€419,615▼ 41.7%
Profit (loss) for the period to be appropriated9905-€203,444-€186,639€119,738€720,201€419,615▼ 41.7%
Line20192020202120222023Change
Assets
Total assets20/58€604,545€529,201€374,613€311,984€750,283▲ 140%
Fixed assets21/28€495,260€413,103€215,680€160,336€0▼ 100%
Tangible fixed assets22/27€495,260€413,103€215,680€160,336€0▼ 100%
Land and buildings22--€213,577€159,380€0▼ 100%
Plant, machinery and equipment23--€2,103€956€0▼ 100%
Current assets29/58€109,285€116,098€158,933€151,648€750,283▲ 395%
Amounts receivable within one year40/41€88,261€87,036€98,302€128,302€731,529▲ 470%
Trade receivables40--€95,094€95,094€0▼ 100%
Other amounts receivable41--€3,207€33,207€731,529▲ 2,103%
Cash at bank and in hand54/58€18,994€19,248€50,817€13,533€8,940▼ 33.9%
Deferred charges and accrued income490/1--€9,814€9,814€9,814=
Equity and liabilities
Total equity and liabilities10/49€604,545€529,201€374,613€311,984€750,283▲ 140%
Equity10/15-€3.1m-€3.3m-€3.2m-€2.4m-€2.0m▲ 17.2%
Contributions10/11€62,000-€62,000€62,000€62,000=
Capital10----€62,000-
Issued capital100----€62,000-
Outside capital11--€62,000€62,000--
Other1109/19--€62,000€62,000--
Profit (loss) carried forward14-€3.2m-€3.3m-€3.2m-€2.5m-€2.1m▲ 16.7%
Amounts payable17/49€3.7m€3.8m€3.5m€2.8m€2.8m▲ 0.7%
Amounts payable within one year42/48€3.7m€3.8m€3.5m€2.8m€2.8m▲ 0.7%
Trade debts44€14,622€31,303€34,583€48,551€67,234▲ 38.5%
Suppliers440/4--€34,583€48,551€67,234▲ 38.5%
Other amounts payable47/48--€3.5m€2.7m€2.7m=
Line20192020202120222023Change
Profit (loss) for the period9904-€203,444-€186,639€119,738€720,201€419,615▼ 41.7%
+ Depreciation and write-downs630€121,824€85,598€55,344€55,344€956▼ 98.3%
Operating cash flow (approximation)-€81,620-€101,041€175,081€775,545€420,571▼ 45.8%
Investment in fixed assets (approximation)--€3,441€142,080€0€159,380-
Change in cash-€254€31,569-€37,285-€4,593▲ 87.7%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2024
04-10
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 65 days late
2023
18-12
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 140 days late
2022
31-12
Financial Highest result since 2018net €720,201 ▲501%
Operating result €853,234, net result €720,201, both a record.
20-12
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 142 days late
2021
31-12
Financial Back to profitnet €119,738
Net result €119,738 after 3 loss-making years.
14-12
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 136 days late
2020
16-12
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 138 days late
2019
30-09
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 61 days late
2018
26-11
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 118 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2016
29-09
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 60 days late
2015
30-12
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 152 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Essen · 1 establishment unit since 2000
seat establishment The establishment unit on the map
Ground area
1.6 ha
Building footprint
269 m²
Volume, LiDAR
1,691 m³
Parcel 11643A0190/00K000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
SELECT BEHEER
Moerkantsebaan 308, 2910 EssenInsurance, reinsurance and pension funding, except compulsory social security
since 20002.100.981.002
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11643A0190/00K000 Flanders 1.6 ha 1 · 269 m² 8.9 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 3,762 companies in sector 68321 we hold annual accounts for 1,394. See the whole sector

Identification & contact

Identification
Legal formPartnership limited by shares
Founded17-12-1999
Fiscal year end31-12
Activities, NACEBEL 2025
68321Property management for co-owned buildings (syndics)
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID 0208:0468621846
Also 9925:BE0468621846
Registered 31-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

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