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Select HR - PS Services

Active Public limited companyfounded 2010active for 16 yearsTranscontinentaalweg 13, 2030 AntwerpKBO/BCE: BE 0828.062.373 subsidiary of
Part of the group 22 companies in 3 countries

Lifetime

15 annual accounts with figures on one time axis
peak of €1.5m in 2018
€433,932▼ 52.3%
lowest -€457,246 in 2025
-€457,246▼ €394,410
peak of €76,354 in 2012
-€734,575▼ €457,246
€1.0m▲ 65.6%
peak of 6.6 FTE in 2024
3.8 FTE▼ 42.4%
Board14 names since 2014all names
6 directors and 5 others
Owners5 names in the annual accounts
100% and 1 other
Documentsfilings and deeds
29-06-202632 days before the deadline
2025financial year
Turnover from €908,896 to €433,932Loss of €457,246Staff from 6.6 FTE to 3.8 FTE1 statutory auditor reappointed 14-11Equity from -€277,329 to -€734,575Debts from €615,723 to €1.0m

Key points

from the 2025 annual accounts

Equity

-€734,575
202020212022202320242025

Debts exceed assets in financial year 2025.

Losses

-€662,229 in three years
-142,1482023-62,8362024-457,2462025

Every financial year from 2023 to 2025 closed with a loss. 2025 was the heaviest.

Debts

€1.0m 357% of the balance sheet
Suppliers 6%Taxes and wages 0%Other 94%

Of this, €1.0m falls due within a year.

Investments

€17,623 4.1 times depreciation
2021202220242025

Green is investment, beige is depreciation.

Staff

3.8 FTE from 6.6 in 2024

Between 2024 and 2025, 42% of the full-time equivalents disappeared.

Payment terms

38 days to suppliers
Suppliers
67 to 38
Customers
118 to 175

Select HR - PS Services pays its suppliers 29 days earlier than in 2024. Customers pay 57 days later.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,920 companies had the same profile as Select HR - PS Services has now. Each dot stands for 18 companies, two years later.

85.3%
were still trading
8.3%
stopped another way
5.8%
went bankrupt
  • Micro
  • 10 to 20 years old
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 0.6% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,920 companies, not a prediction for Select HR - PS Services. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director, , since 31-05-2021
Director, , since 31-05-2021
Director, , since 10-05-2023
Director, since 27-03-2026
Auditor,
  • 100%equity €1.8m (2025) · deed of 02-04-2026
Board & ownership

Recent changes

Company renamed from iStorm IT & New Media Belgium Permanent to Select HR - PS Services Resignations: (director) and (director) · Permanent representatives: , , , and · Appointment: (director) · General meeting of 27-03-2026 · Gazette deed
1 statutory auditor reappointed (statutory auditor) · Permanent representatives: and · General meeting of 20-06-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0828062373
Resignations & appointments Resignation: (director) · Permanent representatives: , , , and · Appointments: , and · General meeting of 10-05-2023 · Gazette deed
All 36 events

Comparable companies

same main activity, similar in size and age
Company
Select HR - PS Services Antwerp €0.4m -98.9% -257.4% 3.8
WOOGIE Liège €1.3m -36.4% -120.2% 5.8
Talent Ventures Group Kontich €0.6m -2.3% 67.7% 3.9
Magnit Global Belgium Mechelen €0.7m -2.4% -6.0% 0.6
Agence locale pour l'Emploi de la Ville de Bruxelles - Plaatselijk Werkgelegenheidsagentschap van de Stad Brussel Brussels €0.6m 1.7% 75.0% 11.7
AGENCE LOCALE POUR L'EMPLOI DE MODAVE Modave €0.5m -2.6% 60.0% 12.5
Axilium Group Schilde €2.1m 12.1% 17.7% 7.6
-10%0%10%20%€500,000€5m€50m€500mSelect HR - PS ServicesEBIT margin

Grey: the largest companies of the sector (employment activities (NACE 78)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as Select HR - PS Services: employment placement agencies (NACE 78100). They are comparable in size and age: total assets between €172,000 and €728,000, founded between 1995 and 2019.

Official details

Source: KBO
Status
Active since 26-07-2010Normal situation
Registered office
21 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 15 November 2026.
Activity
Employment placement agenciesNACE 78100and 1 other
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment units
2.190.816.2642030 Antwerp, registered on 26-07-2010
2.303.839.1791170 Watermael-Boitsfort, since 01-01-2019
Financial year end
31 December
Peppol
Reachable since 13-02-2025
Company details

Annual accounts 2025

€285,341▼ 15.7%
Filing
Filed on 29-06-2026, 32 days before the end of the filing period
Financials

Companies linked to Select HR - PS Services

Parent and group

Insights on Select HR - PS Services

Select HR - PS Services has existed since 2010. Turnover fell from €1.4m in 2019 to €610,204 in 2020.

Solvency fell in 2025 from -82.0% to -257.4% because of the loss.

holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Select HR - PS Services

What is the company number of Select HR - PS Services?
The company number of Select HR - PS Services is 0828.062.373. The VAT number is the same number with BE in front: BE 0828.062.373.
Where is Select HR - PS Services based?
The registered office is at Transcontinentaalweg 13, 2030 Antwerp.Company details
What does Select HR - PS Services do?
According to the KBO register, the main activity is employment placement agencies (NACE 78100).
What is the legal form of Select HR - PS Services?
Select HR - PS Services is a public limited company (NV).
When was Select HR - PS Services founded?
Select HR - PS Services was founded on 26-07-2010.
Is Select HR - PS Services still active?
Yes, Select HR - PS Services is an active enterprise in the KBO register.
How many employees does Select HR - PS Services have?
Select HR - PS Services had an average of 3.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Select HR - PS Services fall under?
In its 2025 annual accounts, Select HR - PS Services states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of Select HR - PS Services?
The turnover of Select HR - PS Services was €433,932 in financial year 2025, according to the filed annual accounts.
Is Select HR - PS Services profitable?
In financial year 2025, Select HR - PS Services made a loss of €457,246.
Where can I find the annual accounts of Select HR - PS Services?
Select HR - PS Services filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Select HR - PS Services due?
Select HR - PS Services must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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