SELECTAIR
ActiveSummary
SELECTAIR has been active since 1981 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €395,399 and a net result of -€9,166. Equity has been stable since 2018 (±2.1% per year). Its solvency ranks better than 79% of 313 sector peers (NACE 79, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 01-12-1981 Normal situation
- Activity
- Travel agency activities NACE 79110
- Establishment unit
- 2.035.129.581 1800 Vilvoorde, since 14-12-2001
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Board and ownership
- Martine DewispelaereChair
- Mieke VervaeckeDirector · since 16-03-2025
- Patrick DevosDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €268,653
- ▲ 11.4%
- Turnover
- ≈ €630,000
- estimated
- Loss
- €9,166
- Equity
- €395,399
- ▼ 1.7%
- Total assets
- €628,262
- ▼ 6.0%
- Employees on 31-12-2025
- 4
- ▲ 33.3%
Score breakdownlowers riskLiquidity: current ratio 2.63, cash €127,637Founded in 1981Equity €395,399 (62.9% of total assets)Size: 3.1 FTE, total assets €628,262Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 79, micro). It does better than 76% of them on solvency, 54% on liquidity, 21% on profitability and 33% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 123 days before the deadline. In the sector (NACE 79), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Change of role: Martine Dewispelaere, from director to chairResignations: Hilde De Backer (director) and Patrick De Vos (director) · Reappointments: Hilde De Backer (director) and Martine Dewispelaere (director) · Appointments: Goele Custers, Mieke Vervaecke and Philippe Bellemans
- · Gazette deed Purpose · Amendment of the articles
- · Gazette deed Resignations: Pieter Demuynck, Tim De Vuyst and Mieke VervaeckeAppointments: Pieter Demuynck, Tim De Vuyst and Mieke Vervaecke
Comparable companies
These companies have the same main activity as SELECTAIR: travel agency activities (NACE 79110). They are comparable in size and age: total assets between €448,000 and €999,000, founded between 1976 and 1987.
| Company | Total assets | Gross margin |
|---|---|---|
| SELECTAIR Vilvoorde | €628,262 | €268,653 |
| HIGH TECH TRAVEL Knokke-Heist | €648,866 | €257,726 |
| DJOSER Gent | €712,789 | €221,996 |
| Suntour Kluisbergen | €809,285 | €255,196 |
| DE TREKVOGEL REISBUREAU Antwerpen | €889,699 | €281,384 |
| REIZEN DE TOERIST Lummen | €448,457 | €194,540 |
| STAF TOURS Pelt | €999,030 | €307,599 |
Key facts about SELECTAIR
- What is the company number of SELECTAIR?
- The company number of SELECTAIR is 0422.875.557. The VAT number is the same number with BE in front: BE 0422.875.557.
- Where is SELECTAIR based?
- The registered office is at Mechelsesteenweg 518, 1800 Vilvoorde.Company details
- What does SELECTAIR do?
- According to the KBO register, the main activity is travel agency activities (NACE 79110).
- What is the legal form of SELECTAIR?
- The legal form of SELECTAIR is Cooperative company (CV).
- When was SELECTAIR founded?
- SELECTAIR was founded on 01-12-1981.
- Is SELECTAIR still active?
- Yes, SELECTAIR is an active enterprise in the KBO register.
- How many employees does SELECTAIR have?
- SELECTAIR had an average of 3.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of SELECTAIR?
- The turnover in financial year 2025 is ≈ €630,000. This figure is estimated from the gross margin of €268,653 and 2,285 comparable companies of the same size. It probably lies between €380,000 and €1.1m. It is a rough estimate.
- Is SELECTAIR profitable?
- In financial year 2025, SELECTAIR made a loss of €9,166.
- Where can I find the annual accounts of SELECTAIR?
- SELECTAIR filed 42 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SELECTAIR due?
- SELECTAIR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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