ACTIVE

DR. LODE SELS

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Financial year 2025 · closed on 31/12/2025

Net result

129,2 k €

-42.7% YoY

Gross margin

208,6 k €

-30.7% YoY

Equity

781,4 k €

-25.8% YoY

What does DR. LODE SELS do?

DR. LODE SELS is a Private limited company incorporated in 2000. Its main activity is: Specialist medical practice activities. Its registered office is in Herentals.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0472.001.307

Incorporation

26/05/2000

Legal form

Private limited company

Registered office

Grebbenbos(NDW) 2
2200 Herentals · FlandreSee on map

Contributed capital

12 400,00 €

Latest accounts

31/12/2025

Activities (NACE)

86220Specialist medical practice activities· main 86220Specialist medical practice activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	208,6 k €	-30.7%	301,2 k €	+3.3%	291,6 k €	+12.4%	259,4 k €	+4.2%	249 k €	+51.6%	164,2 k €	+5.9%	155,1 k €	-0.1%	155,3 k €	-10.0%	172,6 k €	-31.8%	253,2 k €	-7.2%	272,9 k €	+58.3%	172,4 k €	+5.4%	163,6 k €	-16.3%	195,5 k €	+16.7%	167,6 k €	-38.7%	273,6 k €	-5.2%	288,7 k €	+25.4%	230,2 k €	+25.6%	183,3 k €	-2.5%	188,1 k €
EBITDA	207,1 k €	-30.6%	298,6 k €	+3.9%	287,5 k €	+11.7%	257,3 k €	+5.7%	243,5 k €	+49.4%	163 k €	+6.0%	153,8 k €	+0.4%	153,2 k €	+13.2%	135,4 k €	-45.9%	250 k €	-7.6%	270,8 k €	+58.7%	170,6 k €	+5.6%	161,5 k €	-15.9%	191,9 k €	+18.4%	162,1 k €	-39.1%	266,4 k €	-6.6%	285,2 k €	+26.1%	226,1 k €	+27.5%	177,2 k €	-3.8%	184,3 k €
Operating result	185,9 k €	-34.2%	282,5 k €	+2.6%	275,2 k €	+8.7%	253,2 k €	+5.1%	241 k €	+49.0%	161,7 k €	+6.1%	152,4 k €	+0.5%	151,7 k €	+19.1%	127,3 k €	-38.6%	207,4 k €	-9.0%	227,8 k €	+77.6%	128,3 k €	+7.7%	119,1 k €	-23.6%	155,9 k €	+22.3%	127,5 k €	-45.6%	234,3 k €	-8.7%	256,6 k €	+34.1%	191,4 k €	+34.3%	142,5 k €	-2.3%	145,8 k €
Net result	129,2 k €	-42.7%	225,4 k €	+5.5%	213,7 k €	+6.4%	200,8 k €	+20.6%	166,4 k €	+34.7%	123,5 k €	+18.1%	104,6 k €	-4.3%	109,3 k €	+37.5%	79,4 k €	-38.6%	129,3 k €	-31.7%	189,5 k €	+109%	90,7 k €	+0.9%	89,9 k €	-20.2%	112,6 k €	+29.6%	86,9 k €	-33.3%	130,2 k €	-38.8%	212,8 k €	+77.4%	119,9 k €	+36.0%	88,2 k €	+12.9%	78,1 k €
Balance sheet
Equity	781,4 k €	-25.8%	1,1 M €	-6.6%	1,1 M €	+13.4%	994,3 k €	+7.7%	922,9 k €	-12.0%	1 M €	+3.2%	1 M €	+5.7%	961,1 k €	+6.6%	901,9 k €	-2.2%	922,4 k €	+16.3%	793,1 k €	-1.3%	803,6 k €	+12.7%	712,9 k €	+14.4%	623 k €	+2.1%	610,3 k €	+16.6%	523,4 k €	+33.1%	393,2 k €	-21.4%	500,4 k €	+31.5%	380,5 k €	+30.2%	292,3 k €
Total assets	856,3 k €	-23.6%	1,1 M €	-6.5%	1,2 M €	+12.8%	1,1 M €	-6.3%	1,1 M €	+3.3%	1,1 M €	+3.5%	1,1 M €	+7.2%	990,1 k €	+4.6%	946,6 k €	-1.4%	959,9 k €	+3.1%	930,7 k €	+14.4%	813,8 k €	+11.8%	727,7 k €	-1.4%	738 k €	+13.1%	652,3 k €	+3.0%	633,4 k €	+1.0%	627,2 k €	+6.7%	587,9 k €	+20.4%	488,2 k €	-21.7%	623,8 k €
Cash	171,6 k €	+360%	37,3 k €	-50.0%	74,7 k €	-8.3%	81,5 k €	+34.9%	60,4 k €	-12.2%	68,8 k €	+280%	18,1 k €	+20.1%	15,1 k €	-67.4%	46,2 k €	-68.8%	148,2 k €	-8.4%	161,9 k €	+95.7%	82,7 k €	+260%	23 k €	-62.0%	60,5 k €	+52.9%	39,5 k €	-48.6%	76,8 k €	-71.2%	266,7 k €	+157%	103,7 k €	-48.4%	201 k €	+6.6%	188,6 k €
Debts	74,9 k €	+11.1%	67,4 k €	-5.9%	71,6 k €	+3.9%	68,9 k €	-67.6%	212,5 k €	+321%	50,5 k €	+10.4%	45,7 k €	+58.0%	28,9 k €	-35.3%	44,7 k €	+19.3%	37,5 k €	-72.8%	137,6 k €	+1252%	10,2 k €	-31.4%	14,8 k €	-87.1%	115 k €	+174%	42 k €	-61.9%	110 k €	-53.0%	234 k €	+167%	87,5 k €	-18.7%	107,7 k €	-67.5%	331,4 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

Lode Sels

Director · since 25 juin 2015

Active

Ended mandates

Lode Sels

Director · since 25 juin 2015 · until 25 juin 2025

Ended

Lode Sels

Director · since 24 août 2005

Ended

Lode Sels

Manager · since 24 août 2005 · until 30 juin 2015

Ended

Lode Sels

Manager · since 24 août 2005

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/08/2026	29/08/2025	17/07/2024	19/09/2023	14/10/2022	05/08/2021
General meeting	30/06/2026	25/06/2025	25/06/2024	26/06/2023	25/06/2022	25/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	30/06/2026	31/08/2026	Dutch	PDF
Micro model	31/12/2024	25/06/2025	29/08/2025	Dutch	PDF
Micro model	31/12/2023	25/06/2024	17/07/2024	Dutch	PDF
Micro model	31/12/2022	26/06/2023	19/09/2023	Dutch	PDF
Micro model	31/12/2021	25/06/2022	14/10/2022	Dutch	PDF
Micro model	31/12/2020	25/06/2021	05/08/2021	Dutch	PDF
Micro model	31/12/2019	25/06/2020	17/07/2020	Dutch	PDF
Micro model	31/12/2018	25/06/2019	25/07/2019	Dutch	PDF
Micro model	31/12/2017	29/06/2018	25/07/2018	Dutch	PDF
Micro model	31/12/2016	26/06/2017	05/07/2017	Dutch	PDF
Abridged model	31/12/2015	25/06/2016	08/07/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	31/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	29/07/2014	Dutch	PDF
Abridged model	31/12/2012	25/06/2013	20/08/2013	Dutch	PDF
Abridged model	31/12/2011	25/06/2012	07/09/2012	Dutch	PDF
Abridged model	31/12/2010	25/06/2011	30/08/2011	Dutch	PDF
Abridged model	31/12/2009	25/06/2010	05/07/2010	Dutch	PDF
Abridged model	31/12/2008	25/06/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2007	25/06/2008	24/07/2008	Dutch	PDF
Abridged model	31/12/2006	25/06/2007	06/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

Lode Sels

Director · since 25 juin 2015

Active

Ended mandates

Lode Sels

Director · since 25 juin 2015 · until 25 juin 2025

Ended

Lode Sels

Director · since 24 août 2005

Ended

Lode Sels

Manager · since 24 août 2005 · until 30 juin 2015

Ended

Lode Sels

Manager · since 24 août 2005

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates16/08/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates09/12/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/09/2005
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025129,2 k €↓
2024
Annual accounts 2024225,4 k €↑
2023
Annual accounts 2023213,7 k €↑
2022
Annual accounts 2022200,8 k €↑
2021
Annual accounts 2021166,4 k €↑
2020
Annual accounts 2020123,5 k €↑
2019
Annual accounts 2019104,6 k €↓
2018
Annual accounts 2018109,3 k €↑
2017
Annual accounts 201779,4 k €↓
2016
Annual accounts 2016129,3 k €↓
2015
Annual accounts 2015189,5 k €↑
2014
Annual accounts 201490,7 k €↑
2013
Annual accounts 201389,9 k €↓
2012
Annual accounts 2012112,6 k €↑
2011
Annual accounts 201186,9 k €↓
2010
Annual accounts 2010130,2 k €↓
2009
Annual accounts 2009212,8 k €↑
2008
Annual accounts 2008119,9 k €↑
2007
Annual accounts 200788,2 k €↑
2006
Annual accounts 200678,1 k €
26/05/2000
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

DR. LODE SELS

Overview

What does DR. LODE SELS do?

Trend over 20 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline