SELECT HOLDING
The computed 12-month bankruptcy probability of SELECT HOLDING is 0.7% (low). The 2024 annual accounts show equity of €18.29M and a net result of €3.69M. Equity is growing by ~19.6% per year across the filed fiscal years. Its solvency ranks better than 41% of 768 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €18.29M |
| Net result | €3.69M |
| Staff (FTE) | 1 |
| Better than sector | 41% |
Exceptional profile — strong across almost every axis.
Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil–Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 43.9% | 52.9% | |
| Net result | €3.69M | €20k | |
| Equity | €18.29M | €45k | |
| Staff costs | €144k | €32k | |
| Employees (FTE) | 1.0 | 1.3 |
| Fiscal year | 2024 |
|---|---|
| Revenue | €3.81M |
| EBITDA | €1.34M |
| Net profit | €3.69M |
| Cash flow | €3.71M |
| Staff costs | €144k |
| Income taxes | €323 |
| Dividends | — |
| Total assets | €41.69M |
| Equity | €18.29M |
| Debt | €23.40M |
| of which ≤ 1y | €5.95M |
| of which > 1y | €17.43M |
| Working capital | €-3.17M |
| Employees (FTE) | 1.0 |
| 2024 | |
|---|---|
| Current ratio | 0.47 |
| Quick ratio | 0.47 |
| Working capital ratio | -7.6% |
| Solvency | 43.9% |
| Debt / equity | 1.28 |
| Long-term debt ratio | 0.95 |
| Interest coverage | 1.01 |
| Gross margin | — |
| Net margin | 96.9% |
| ROA | 8.9% |
| ROE | 20.2% |
| EBITDA margin | 35.2% |
| Days sales outstanding | 221d |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €41.69M |
| Fixed assets | 21/28 | €38.90M |
| Formation expenses | 20 | €7k |
| Intangible fixed assets | 21 | €964 |
| Financial fixed assets | 28 | €38.90M |
| Current assets | 29/58 | €2.78M |
| Amounts receivable within one year | 40/41 | €2.53M |
| Cash & bank | 54/58 | €246k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €41.69M |
| Equity | 10/15 | €18.29M |
| Contributions / capital | 10/11 | €13.20M |
| Accumulated profits (losses) | 14 | €5.09M |
| Amounts payable | 17/49 | €23.40M |
| Amounts payable after one year | 17 | €17.43M |
| Amounts payable within one year | 42/48 | €5.95M |
| Trade debts payable within one year | 44 | €621k |
| Income statement | ||
| Turnover | 70 | €3.81M |
| Operating result | 9901 | €1.32M |
| Financial income | 75 | €3.70M |
| Financial charges | 65 | €1.33M |
| Result before taxes | 9903 | €3.69M |
| Income taxes | 67/77 | €323 |
| Net result for the period | 9904 | €3.69M |
| Result to be appropriated | 9905 | €3.69M |
-
Current01-07-2022 → present
Former directors (1)
-
Vandeberg Finance ManagementLegal entityDirector· perm. rep.: Wouter VandebergState Gazette act 22143649 (06-12-2022)Former— → 01-07-2022
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| Finvision BedrijfsrevisorenCurrent Statutory auditor · represented by Dieter Engelen |
— | 01-01-2025 → present |
| NACE primary | 82990 |
| Legal form | Private limited company(610) |
| Incorporation | 24-12-2021 |
| Status | Active |
| Postal code | 2030 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11815A0430/00D000 | Flanders | 1,363 m² | — | — |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
14-11-2025 Finvision Bedrijfsrevisoren BV appointed as statutory auditor
- Finvision Bedrijfsrevisoren BV — Commissaris
Technical details
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}14-11-2025 Dieter Engelen reappointed as statutory auditor
- Dieter Engelen — Commissaris
Technical details
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}06-12-2022 1 director appointed, 1 resigning
- Wouter Vandeberg — Bestuurder
- Wouter Vandeberg — Bestuurder
Technical details
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}27-05-2022 Transaction in capital or shares
Technical details
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}28-12-2021 Incorporation of a new BV
Technical details
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"capital_eur": 13200000,
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | SELECT HOLDING |