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SELECTRON

Active Private limited companyfounded 1995active for 31 yearsPolenstraat 171, 9940 EvergemKBO/BCE: BE 0454.680.273 #4 oldest company in Evergem, Telecoms and IT sector

Overview

Lifetime

20 annual accounts with figures on one time axis, 31 filings since 1995
peak €516,861 (2023)
€416,734▲ 15.5%
lowest -€169,413 (2025)
-€169,413▼ €207,988
peak €195,496 (2024)
€26,083▼ 86.7%
€632,507▲ 3.9%
peak 4 FTE (2017)
-not published
Board2 names since 1995
Documentsfilings and deeds
30-09-202661 days late
2025micro format
Gross margin from €360,734 to €416,734Loss of €169,413Equity from €195,496 to €26,083Cash from €1,399 to €445

Key points

from the 2025 annual accounts

Equity

€26,083 from €195,496 in 2024

Equity fell by 87% in 1 year.

Result

-€169,413 -€169,413
€38,6002024-€169,0002025

From profit to loss in 2025, after a profit of €38,575 in 2024.

Turnover

≈ €1.1m estimated

The accounts state no turnover.

Debts

€632,507 96% of the balance sheet
Financial debts 33%Suppliers 7%Taxes and wages 12%Other 48%

Of this, €349,570 falls due within a year.

Filings

31 annual accounts 61 days
AprilJune31 JulyOctober200020102020

Latest accounts filed late: after the legal deadline.

Position in the sector

-€169,413

Lower net result than 95% of companies in computer programming and consultancy. Sector median €28,569 · 21,199 companies.

Checked score

50
Fair
Financially stronger than 8% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 25,925 companies (NACE 62, micro).

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.3%lowest value 01-2025: 0.3%● unchanged vs 12-2024lowest value 02-2025: 0.4%▲ +0.1 percentage points vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 0.8%▲ +0.3 percentage points vs 07-2025 09-2025: 1.0%▲ +0.2 percentage points vs 08-2025 10-2025: 1.4%▲ +0.4 percentage points vs 09-2025 11-2025: 0.5%▼ -0.9 percentage points vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.9%▲ +0.4 percentage points vs 07-2026 09-2026: 1.1%▲ +0.2 percentage points vs 08-2026 10-2026: 2.4%▲ +1.3 percentage points vs 09-2026highest value 11-2026: 2.4%● unchanged vs 10-2026highest value

Financial strength
Weak

29-20equity 4.0% of total assets
23-3short-term debt 53.1% · cash 0.1%
0-65return on assets -25.7%

Score breakdown

raises risk
Last filed accounts filed 61 days late; 2 of the last 3 accounts late
Loss of €169,413 (financial year 2025)
Liquidity: current ratio 1.36, cash €445, halved
lowers risk
Size: total assets €658,590
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 62, micro). It does better than 12% of them on solvency, 8% on liquidity, 5% on profitability and 7% on growth.

The bankruptcy probability was computed on 06-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 540 companies had the same profile as SELECTRON has now. Each dot stands for 2 companies, two years later.

85.7%
were still trading
8.3%
stopped another way
5.2%
went bankrupt
  • Micro
  • 20 years or older
  • solvency under 10%
  • a loss of 10% of the balance sheet or more

Another 0.7% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of SELECTRON itself: 2.4% within 12 months.

Test of the method

The method was tested on the 497,447 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 3.0% 3.1%
10 5.6% 6.2%

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 540 companies, not a prediction for SELECTRON. 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

Credit of up to €1,000 on 30-day terms, only on tighter conditions

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity is tight, with a current ratio of 1.36 (1.5 in 2024), below the usual 1.5. Short-term debt is 53.1% and cash 0.1% of total assets. 96% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Last filed accounts filed 61 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Loss of €169,413 (financial year 2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.36, cash €445, halved
NBB · annual accounts
lowers risk · Size: total assets €658,590
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 21193 sector peers (2025).
NBB · sector comparison
Position among 21193 sector peers
Solvency
better than 11%
← weakest strongest →
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
61 days late
2024
92 days late
2023
85 days early
2022
27 days early
2021
93 days late
2020
151 days late
2019
126 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 59 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 September (4 of the last 5 accounts filed within 88 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

LS
Director, since 28-02-1995
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0454680273
Change of role: LYBAERT Stefaan Henri Martha, from manager to director Resignation: Peter Causyn (manager) · Director discharge: Peter Causyn · General meeting of 20-12-2023 · Gazette deed
First establishment SELECTRON BVBA, Polenstraat 171, Evergem
Incorporation published on 25-03-1995 · Gazette deed
All 41 events

Comparable companies

same main activity, similar in size and age
Company
SELECTRON Evergem - - 4.0% -
KRYOTECH Beveren-Kruibeke-Zwijndrecht - - 29.8% 5.8
AMBITIOUS LOGISTICS Ghent €659,830 0.7% -3.2% 3
G2 SPEECH BELGIE Leuven - - 31.3% -
Connectivity Solutions Bilzen-Hoeselt - - 41.4% 11.6
LUMI Technologies Herentals - - 53.0% -
NET EVENTS Brussels €696,813 3.5% 88.5% 4

These companies have the same main activity as SELECTRON: other information technology and computer services (NACE 62900). They are comparable in size and age: total assets between €441,000 and €765,000, founded between 1996 and 2000.

Official details

Source: KBO
Status
Active since 28-02-1995Normal situation
Activity
Other information technology and computer servicesNACE 62900and 1 other
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment unit
2.070.883.1879940 Evergem, since 20-03-1995
Financial year end
31 December
Peppol
Reachable since 30-01-2025
Company details

Annual accounts 2025

€416,734▲ 15.5%
€169,413
€26,083▼ 86.7%
€658,590▼ 18.1%
Employeeson 31-12-2025
3=
Filing
Filed on 30-09-2026
Financials

Insights on SELECTRON

SELECTRON files the micro format. That format states no turnover. The gross margin rose from €125,067 in 2006 to €416,734 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 30-09-2026, 61 days late
€416,734
▲ 15.5%
-€102,340
▼ €195,994
-€23,233
▼ €187,094
-€90,306
▼ €199,088
4.0%
▼ 20.4 percentage points
1.36
▼ 0.14

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €1.1m. Estimated: probably between €740,000 and €1.8m.

Money flows

no detail for 2025

Balance sheet

balance sheet total €658,590 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

4.0%

Higher than 11% of 21,193 companies in 2025.

1.36

Higher than 29% of 20,556 companies in 2025.

-25.7%

Higher than 7% of 20,731 companies in 2025.

SELECTRON Middle half of the sector 80% of the sector Micro accounts in computer programming and consultancy (NACE 62)

Net result: bottom quarter · Equity: middle half · Balance sheet total: top quarter · Working capital: top quarter

Staff

€67,308

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 658,590804,026775,866784,841744,215791,195919,666941,555661,501572,768511,028423,928458,191423,253405,084415,795392,593417,977463,062319,757
21/28 183,063206,778187,726172,045158,288137,544119,856115,40032,98148,91666,68642,71754,22073,65493,24393,635114,702144,274152,80648,112
21 165,762189,966180,921164,192148,864126,734108,013103,25618,62326,98235,976--8685,3027,13210,69814,264--
22/27 14,39413,9053,8984,9466,5176,7787,8119,23713,85821,93430,71042,71754,22072,78687,94186,503104,004130,010152,80648,050
22 855109351,3601,7852,2102,6363,0613,4863,910----------
23 4,7516851197181,3181,9182,147-2204938751,6261,4562,5983,6432,1144,8778,58111,82134,094
24 8,30511,0798349751,143--2868291,3712,4893,6255,1785,6462,8002,3492,9326,2156,7536,394
26 1,2531,6312,0101,8932,2712,6503,0285,8909,32316,16027,34634,18341,02054,69368,36682,04096,195112,693129,191-
28 2,9072,9072,9072,9072,9074,0324,0322,907500----------62
29/58 475,527597,248588,140612,796585,927653,651799,810826,155628,520523,852444,342381,211403,971349,599311,841322,160277,891273,703310,256271,645
3 424,954349,352467,573502,242501,455541,190526,119569,393486,282337,634278,889253,293220,608228,125217,425198,168106,45281,24180,14881,874
30/36 335,967303,762366,951391,073426,653404,088526,119569,393486,282337,634278,889253,293220,608228,125217,425198,168106,45281,24180,14881,874
37 88,98745,590100,622111,16974,802137,102--------------
40/41 44,649236,708109,672100,62174,73893,583142,276230,371142,238136,133147,21094,361159,01198,91258,35484,379132,679139,554167,002188,332
40 16,32580,54688,43383,40061,62792,180100,000187,689134,136115,108136,00086,403154,70088,34854,35881,972129,126127,167159,568188,332
41 28,324156,16221,23917,22113,1111,40342,27642,6828,10221,02511,2107,9584,31110,5653,9962,4073,55312,3877,434-
54/58 4451,399887254455754126,62522,264-31,4788,00820,0537,3431,7829,4888,1183,6929,87813,101-
490/1 5,4799,78910,0089,6799,27918,1244,7904,127-18,60710,23513,50417,00920,78026,57431,49535,06843,03050,0051,439
Balance sheet: equity and liabilities
10/49 658,590804,026775,866784,841744,215791,195919,666941,555661,501572,768511,028423,928458,191423,253405,084415,795392,593417,977463,062319,757
10/15 26,083195,496160,92188,37489,381125,647135,396122,142118,518112,238105,47093,10297,79975,92888,73589,84373,98175,493125,452123,063
10/11 100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,00087,60687,60512,405
100 ------100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,00024,800
101 -----------------12,39412,39512,395
11 -----100,000--------------
1109/19 -----100,000--------------
13 71,99171,99137,41617,41617,41617,41617,41617,4165,4705,4705,4703,0003,0003,0003,0003,0003,00037,84737,847110,658
130/1 ---5,4705,4705,470--------------
130 ------5,4705,4705,4705,4705,4703,0003,0003,0003,0003,0003,0003,0002,9992,480
1311 ---5,4705,4705,470--------------
133 71,99171,99137,41611,94611,94611,94611,94611,946---------34,84734,848108,178
14 -145,90823,50523,505-29,042-28,0358,23117,9804,72613,0486,768--9,898-5,201-27,072-14,265-13,157-29,019-49,960--
17/49 632,507608,530614,945696,467654,834665,548784,270819,413542,983460,530405,558330,826360,392347,325316,349325,952318,612342,484337,610196,694
17 184,255178,81075,58085,032114,869192,94764,40835,07535,30544,59760,77374,99989,256102,984117,393116,871128,091147,011169,00929,116
170/4 38,16146,001--40,028123,38364,40835,07535,30544,59760,77374,99989,256102,984117,393116,871128,091147,011169,00929,116
178/9 146,094132,80975,58085,03274,84169,564--------------
42/48 349,570397,445463,789546,436530,137467,403712,442776,985507,678415,933344,419255,827271,136244,341198,956209,081190,521195,473168,601167,578
42 55,96696,699-48,67196,91480,242177,755155,5929,2928,85925,67020,93525,02019,75214,22211,21918,92022,85621,85612,226
43 173,317174,845253,720272,140268,652254,565280,201218,036214,494240,193125,000125,000125,000125,000125,000125,00024,60633,69322,29511,074
430/8 173,317174,845253,720272,140268,652254,565280,201218,036214,494240,193125,000125,000125,000125,000125,000125,00024,60633,69322,29511,074
44 42,29837,14590,851137,02585,78577,820156,029271,548166,11459,13680,64145,42163,63344,11031,69946,43398,30180,38797,089107,049
440/4 42,29837,14590,851137,02585,78577,820156,029271,548166,11459,13680,64145,42163,63344,11031,69946,43398,30180,38797,089107,049
45 77,98984,756115,21888,60078,78654,77631,48664,71263,74844,75767,91322,20617,89112,58218,62311,63822,88418,5227,55216,760
450/3 44,03851,01591,97959,22752,36735,08310,23940,73428,98819,98149,75814,69011,8681,7171,45194717,22613,2555329,137
454/9 33,95133,74123,23929,37326,41919,69321,24723,97834,76024,77618,1557,5166,02310,86617,17210,6915,6585,2677,0207,623
47/48 -4,0004,000---66,97167,09754,03062,98845,19542,26539,59242,8969,41214,79125,81040,01519,80920,469
492/3 98,68232,27575,57664,9999,8285,1987,4207,353--366---------
Income statement
70 -------------------345,312
76A ------4,506-9,906-2,986-----138---
9900 416,734360,734516,861279,631246,978233,337319,419394,285233,333200,400209,156144,827170,197149,266150,870164,844111,18183,820153,323125,067
60/61 -------------------229,613
62 201,923187,480188,618166,275155,724139,777160,359200,482172,305141,487146,233109,54891,474102,336108,475108,78693,90888,67774,85958,488
630 79,10770,20764,43260,20155,52149,67955,04976,21017,38822,77522,43315,61623,86226,72025,05223,03130,81031,46128,66818,522
631/4 -988-2,501112,789-33,4091,268-2,39127,629-----14,443------
640/8 22,95611,8949,73840,89315,5165,48228,03330,4539,5814,2543,4054,7284,8292,2894,3254,4992,4922,3861,18310,377
66A 216,076------2,412------2901,079--11,802-
9901 -102,34093,654141,28445,67118,94938,39973,58759,51134,05931,88437,08514,93550,0323,47813,01828,528-16,029-38,70448,61337,680
75/76B 1,785157932523701,3064,7752675,2971,69631,356111241266143324323
75 302157932523701,3062692672,8951,69631,356111241266143324323
76B 1,483-----4,506-2,402-----------
65/66B 68,33234,55631,27145,98450,23847,22554,16944,48917,28223,83620,95718,16116,55016,40912,39611,65411,11811,2898,4894,709
65 68,33234,18431,27145,98450,23847,22554,16942,07717,28223,83620,95718,16116,55016,40912,39611,65411,11811,2898,4894,709
66B -372-----2,412------------
9903 -168,88759,255110,106-61-30,919-7,52024,19315,28922,0749,74419,117-1,87033,493-12,80734415,861-26,995-49,96028,34633,294
67/77 52620,68033,5599465,3472,22910,93911,67710,1402,9766,7492,82711,622-1,451-4,710-17,95611,930
9904 -169,41338,57576,547-1,007-36,266-9,74913,2543,61211,9346,76812,368-4,69721,871-12,807-1,10715,861-31,705-49,96010,39021,364
9905 -169,41338,57576,547-1,007-36,266-9,74913,2543,61211,9346,76812,368-4,69721,871-12,807-1,10715,861-31,705-49,96010,39021,364
Appropriation of the result
9906 -145,90862,08047,505-29,042-28,0358,23117,9804,72613,0486,7682,470-9,898-5,201-27,072-14,265-13,157-81,665-49,96010,39021,364
14P 23,50523,505-29,042-28,0358,231---------------
791/2 ----------------52,646---
691/2 -34,57520,000-------2,470-------2,39013,364
6920 ----------2,470-------520-
6921 -34,57520,000---------------1,87013,364
694/7 -4,0004,000---------------8,0008,000
694 ------------------8,0008,000
695 -4,0004,000-----------------
Social balance sheet
9087 333332.93443.93.52.62.53.53.52.62.53.32.61.7
Hours worked1013 5,2725,2325,1684,9685,1094,7205,4806,9806,9276,3436,1444,7343,6204,0644,6964,4804,4224,6044,5842,964
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The accounts for 11 older financial years (1995-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 30-09-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 61 days after the deadline. Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00536314.

Financial year Type Filed Reference Document
31-12-2025 micro format 30-09-2026 2026-00536314 PDF
31-12-2024 micro format 31-10-2025 2025-00557292 PDF
31-12-2023 micro format 07-05-2024 2024-00083162 PDF
31-12-2022 micro format 04-07-2023 2023-00195342 PDF
31-12-2021 micro format 01-11-2022 2022-20480981 PDF
31-12-2020 micro format 29-12-2021 2021-82000234 PDF
31-12-2019 abbreviated format 04-12-2020 2020-74700240 PDF
31-12-2018 abbreviated format 07-04-2020 2020-08700410 PDF
31-12-2017 abbreviated format 20-07-2018 2018-36000302 PDF
31-12-2016 abbreviated format 31-08-2017 2017-58200081 PDF
31-12-2015 abbreviated format 01-07-2016 2016-27000377 PDF
31-12-2014 abbreviated format 22-07-2015 2015-33600396 PDF
31-12-2013 abbreviated format 02-07-2014 2014-28000553 PDF
31-12-2012 abbreviated format 18-07-2013 2013-31900035 PDF
31-12-2011 abbreviated format 01-07-2012 2012-25200425 PDF
31-12-2010 abbreviated format 29-06-2011 2011-25100112 PDF
31-12-2009 abbreviated format 25-08-2010 2010-46800337 PDF
31-12-2008 abbreviated format 02-07-2009 2009-37500137 PDF
31-12-2007 abbreviated format 25-06-2008 2008-29600340 PDF
31-12-2006 abbreviated format 20-07-2007 2007-44000306 PDF
31-12-2005 abbreviated format 24-07-2006 2006-51703121 PDF
31-12-2004 abbreviated format 26-07-2005 2005-56400658 PDF
31-12-2003 abbreviated format 26-07-2004 2004-51004718 PDF
31-12-2002 abbreviated format 23-07-2003 2003-49000689 PDF
31-12-2001 abbreviated format 29-08-2002 2002-51304707 PDF
31-12-2000 abbreviated format 12-07-2001 2001-38104900 PDF
31-12-1999 abbreviated format 05-07-2000 2000-39004614 PDF
31-12-1998 abbreviated format 16-07-1999 1999-35104850 PDF
31-12-1997 abbreviated format 22-07-1998 1998-35402823 PDF
31-12-1996 abbreviated format 08-07-1997 1997-29103627 PDF
31-12-1995 abbreviated format 12-07-1996 1996-34401716 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
-23,233163,861205,716105,87274,47088,078128,636135,72151,44754,65959,51830,55173,89430,19838,07051,55914,781-7,24377,28156,202
-90,306108,782140,97959,19419,25539,93068,30379,82229,32229,54334,80110,91945,73313,91323,94538,892-895-18,49939,05839,886
55,39289,25980,11373,95877,39067,36759,505156,2221,4535,00546,4024,1134,4287,13124,9503,0441,23823,405144,30216,325
-954512633-201-299-125,871104,361--23,470-12,04512,7105,561-7,7061,3704,426-6,186-3,223--
125,957199,803124,35166,36055,790186,24887,36849,170120,842107,91999,923125,384132,835105,258112,885113,07987,37078,230141,655104,067
-------------------10.9%
4.0%24.3%20.7%11.3%12.0%15.9%14.7%13.0%17.9%19.6%20.6%22.0%21.3%17.9%21.9%21.6%18.8%18.1%27.1%38.5%
1.361.501.271.121.111.401.121.061.241.261.291.491.491.431.571.541.461.401.841.62
0.140.620.260.200.160.240.380.330.280.450.480.500.680.500.470.590.900.981.361.13
24.253.113.827.887.335.305.796.714.584.103.853.553.694.573.573.634.314.542.691.60
-649.5%19.7%47.6%-1.1%-40.6%-7.8%9.8%3.0%10.1%6.0%11.7%-5.0%22.4%-16.9%-1.2%17.7%-42.9%-66.2%8.3%17.4%
-25.7%4.8%9.9%-0.1%-4.9%-1.2%1.4%0.4%1.8%1.2%2.4%-1.1%4.8%-3.0%-0.3%3.8%-8.1%-12.0%2.2%6.7%
-0.344.796.582.301.48---------------
-------------------199 days
-------------------170 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date33333
full-time33333
in full-time equivalents33333
33333
On a permanent contract33333

Source: social balance sheet in the 2021 to 2025 annual accounts

Overdue debts

tax and social security
Item20252024202320222021
Overdue tax debts-€14,877---

Source: notes to the 2021 to 2025 annual accounts (statement of debts)

Securities and guarantees

on own assets and for others
Item20252024202320222021
€220,000€220,000€220,000€220,000€220,000
Carrying value of the other pledged assets----€40,491

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€7,139€13,457€981€276€1,372
Intangible fixed assets€48,253€75,802€79,132€73,682€76,018
€79,107€70,207€64,432€60,201€55,521

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on SELECTRON

The operating result for 2025 is a loss of €102,340, after a profit of €93,654 in 2024. It is the lowest result since 2006.

Debt's share of the balance-sheet total rises from 75.7% to 96.0%. Equity is lower and debt is higher.

Board & ownership

Board

1 director, last change in 2023
Director (not named in the articles)
since 28-02-1995 term without a fixed end
earlier manager (not named in the articles), until 28-12-2023
listed in the 2025 annual accounts, filed on 30-09-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 28-12-2023

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
LYBAERT Stefaan Henri Martha
Director (not named in the articles)
Peter Causyn
Manager (not named in the articles)
BoardEarliermandate already running before its first mention
Mandates as a list
  • LYBAERT Stefaan Henri Martha
    • Director (not named in the articles), from 28-02-1995 to date
    • Manager (not named in the articles), until 28-12-2023
  • Peter Causyn
    • Manager (not named in the articles), from 01-03-2009 to 12-09-2023

See the board, name and registered office on a given date →

Control

Capital

Contribution
€100,000
Source
2025 annual accounts

Articles of association

deed of 28-12-2023 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
23 June at 20:00

Capital transactions

Capital over time
  1. 28-12-2023 Converted to unavailable equity
  2. 28-12-2023 Converted to available equity

Network & group

No group

SELECTRON has no parent and no holdings in its annual accounts. LYBAERT Stefaan Henri Martha is the only director. SELECTRON shares no director with another company.

At the same address

Polenstraat 171, 9940 Evergem · 2 other companies
BUURTWINKELS OKAY
establishment since 01-03-2026 · founded in 1998 · group KORYS
2,903 FTE (2026)
0464.994.145
MERBRALAN
establishment since 01-09-2023 · founded in 2018
9 FTE (2025)
0689.736.316

Timeline

Timeline

41 events since 1995

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 61 days late
2025
Weakest financial year net -€169,413 The net result drops to -€169,413, the lowest from 2006 to 2025.
Annual accounts 2024 filed PDFmicro format · 92 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0454680273
2024
Annual accounts 2023 filed PDFmicro format · 85 days before the deadline
2023
Back to profit net €76,547 The net result is €76,547, after 3 loss-making years.
Equity above €150,000 equity €160,921 ▲82.1% Equity rises from €88,374 to €160,921.
Change of role: LYBAERT Stefaan Henri Martha, from manager to directorResignation: Peter Causyn (manager) · Director discharge: Peter Causyn · General meeting of 20-12-20236 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2022 filed PDFmicro format · 27 days before the deadline
2022
Annual accounts 2021 filed PDFmicro format · 93 days late
2021
Annual accounts 2020 filed PDFmicro format · 151 days late
2020
Annual accounts 2019 filed PDFabbreviated format · 126 days late
Annual accounts 2018 filed PDFabbreviated format · 251 days late
2018
Annual accounts 2017 filed PDFabbreviated format · 11 days before the deadline
2017
Annual accounts 2016 filed PDFabbreviated format · 31 days late
2016
Annual accounts 2015 filed PDFabbreviated format · 30 days before the deadline
2015
Back to profit net €12,368 The net result is €12,368, after one loss-making year.
Annual accounts 2014 filed PDFabbreviated format · 9 days before the deadline
2014
Annual accounts 2013 filed PDFabbreviated format · 29 days before the deadline
2013
Back to profit net €21,871 The net result is €21,871, after 2 loss-making years.
Annual accounts 2012 filed PDFabbreviated format · 13 days before the deadline
2012
Annual accounts 2011 filed PDFabbreviated format · 30 days before the deadline
2011
Annual accounts 2010 filed PDFabbreviated format · 32 days before the deadline
2010
Back to profit net €15,861 The net result is €15,861, after 2 loss-making years.
Annual accounts 2009 filed PDFabbreviated format · 25 days late
2009
Annual accounts 2008 filed PDFabbreviated format · 29 days before the deadline
2008
Annual accounts 2007 filed PDFabbreviated format · 36 days before the deadline
2007
Annual accounts 2006 filed PDFabbreviated format · 11 days before the deadline
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2001
Annual accounts 2000 filed PDFabbreviated format
2000
Annual accounts 1999 filed PDFabbreviated format
1999
Annual accounts 1998 filed PDFabbreviated format
1998
Annual accounts 1997 filed PDFabbreviated format
1997
Annual accounts 1996 filed PDFabbreviated format
1996
Annual accounts 1995 filed PDFabbreviated format
1995
First establishment SELECTRON BVBA, Polenstraat 171, Evergem
Incorporation published on 25-03-1995

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

SELECTRON was incorporated on 28 February 1995.1 Total assets fell from €941,555 in 2018 to €658,590 in 2025 and headcount from 4 to 3 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0454.680.273
VAT number
BE 0454.680.273
Peppol ID
0208:0454680273
Other Peppol ID
9925:BE0454680273
Legal form
Private limited company
Status
Active, normal situation
Founded
28-02-1995
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
23 June at 20:00
deed of 28-12-2023 (in Dutch)
Peppol
Reachable since 30-01-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
SELECTRON in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 28-12-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 28-12-2023 (in Dutch)

Activities

NACEBEL 2025
VAT activities
Social security (RSZ) activities
Joint committees annual accounts 2025
JC 200 Auxiliary committee for white-collar workers
Codes under NACEBEL 2008
VAT activities
62090 Computer programming, consultancy and related activities main activity
Social security (RSZ) activities
46693 Wholesale trade main activity
Codes under NACEBEL 2003
51871 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Ontwerpbureau en groothandel in beveiligings- en elektronicaproducten en alles wat daarmede verband houdt; Dit alles in de meest ruime zin…”
6 activities
  1. Ontwerpbureau en groothandel in beveiligings- en elektronicaproducten en alles wat daarmede verband houdt.
  2. Dit alles in de meest ruime zin.
  3. De vennootschap handelt voor eigen rekening, in consignatie, in commissie, als tussenpersoon of als vertegenwoordiger.
  4. Zij mag deelnemen in alle ondernemingen die een gelijkaardig voorwerp nastreven, ook aanverwant, of die de verwezenlijking van het voorwerp vergemakkelijken.
  5. In de algemene regel mag de vennootschap alle daden stellen van burgerlijke als commerciële aard, roerende, onroerende, industriële of financiële aard, welke rechtstreeks of onrechtstreeks, geheel of gedeeltelijk in verband staan met het voorwerp.
  6. De vennootschap mag leningen verrichten aan derden of waarborgen stellen voor derden.
deed of 28-12-2023 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
SELECTRON BVBA registered office Polenstraat 171, 9940 Evergem 46643 Wholesale of electrical equipment, including installation materials 20-03-1995 2.070.883.187

Buildings and parcels at the address

Ground area
1,932 m²
Buildings
192 m²
Volume, LiDAR
1,237 m³
Tallest building
10.2 m
Buildings to scale, each on its own parcel
192 m², 10.2 m 192 m², 10.2 m

Location

registered office establishment The establishment unit on the map
3 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
44066C1146/00Z0001,932 m² 1 · 192 m² 10.2 m · 2