ACTIVE

SELECT +

Financial year 2025 · closed on 31/03/2025
Net result
92,8 k €
+4.0% YoY
Revenue
59,9 M €
+0.8% YoY
Equity
1,7 M €
+5.8% YoY
Workforce
5,9 ETP
+9.3% YoY

What does SELECT + do?

SELECT + is a Private limited company incorporated in 2001. Its registered office is in Brugge. It employs on average 5,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0474.603.182
Incorporation
17/04/2001
Legal form
Private limited company
Registered office
Koffieweg 48
8380 Brugge · FlandreSee on map
Contributed capital
18 750,00 €
Latest accounts
31/03/2025
Average workforce
5,9 ETP
Joint committees (3)
  • 14904
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202018201720162015201420132012201120102009200820072006
Income statement
Revenue59,9 M €59,4 M €63,8 M €70,4 M €70,4 M €14,8 M €3,6 k €3,7 k €11,8 k €
EBITDA143,6 k €92,4 k €592,4 k €597,7 k €699,9 k €100,7 k €-535,2 €-842,7 €-8,5 k €-19,7 k €-2,2 k €-3,8 k €63,4 k €73,0 k €12,3 k €27,4 k €19,7 k €17,9 k €27,4 k €
Operating result141,8 k €90,4 k €590,4 k €595,7 k €697,9 k €100,5 k €-535,2 €-842,7 €-8,5 k €-14,8 k €-2,2 k €-426,3 €46,9 k €66,9 k €2,9 k €14,3 k €7,5 k €4,5 k €12,6 k €
Net result92,8 k €89,2 k €438,5 k €423,9 k €519,1 k €68,3 k €-559,9 €-1,4 k €-8,9 k €-21,5 k €-1,4 k €-1,3 k €24,3 k €39,6 k €183,3 €4,6 k €-2,6 k €1,0 k €7,5 k €
Balance sheet
Equity1,7 M €1,6 M €1,5 M €1,1 M €646,7 k €127,6 k €59,3 k €59,9 k €61,3 k €70,2 k €91,7 k €93,1 k €94,4 k €70,1 k €30,5 k €30,4 k €25,8 k €28,4 k €27,3 k €
Total assets4,8 M €5,6 M €7,4 M €5,5 M €6,8 M €3,3 M €69,9 k €71,2 k €65,0 k €119,9 k €190,1 k €130,5 k €138,3 k €290,3 k €354,6 k €302,6 k €241,2 k €291,2 k €202,0 k €
Cash920,7 k €559,0 k €825,0 k €360,8 k €2,0 M €10,9 k €53,8 k €54,7 k €20,8 k €32,4 k €61,7 k €66,5 k €126,2 k €35,1 k €148,3 k €103,3 k €110,0 k €107,6 k €56,4 k €
Debts3,1 M €4,0 M €5,9 M €4,4 M €6,2 M €3,2 M €10,6 k €11,4 k €3,6 k €49,6 k €76,6 k €33,0 k €43,9 k €67,3 k €179,8 k €136,5 k €108,0 k €261,9 k €118,2 k €
Other
Workforce5,9 ETP5,4 ETP1,3 ETP0,7 ETP2,8 ETP1,9 ETP2,1 ETP2,6 ETP2,0 ETP2,0 ETP
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 31/03/2025 · 4 active · 9 ended

Active mandates

Didier Clerx

Director · since 17 décembre 2024

Active
Distritech 21

Director · since 17 décembre 2024 · 0464.608.818

Represented by Wim Heylen

Active
OLIVIER LANCKRIET

Director · since 13 décembre 2019 · until 05 mai 2024 · 0632.606.284

Represented by Olivier Lanckriet

Active
Wim Heylen

Director · since 13 décembre 2019 · until 17 décembre 2024

Active

Ended mandates

OLIVIER LANCKRIET

Director · since 13 décembre 2019 · until 15 mai 2024 · 0632.606.284

Represented by Olivier Lanckriet

Ended
OLIVIER LANCKRIET

Director · since 13 décembre 2019 · 0632.606.284

Represented by Olivier Lanckriet

Ended
Wim Heylen

Director · since 13 décembre 2019

Ended
OLIVIER LANCKRIET

Manager · since 28 décembre 2015 · 0632.606.284

Represented by Olivier Lanckriet

Ended
At this address

Other companies at this address

CompanyCBE no.
ACTIV ELECTROActive
0458.442.091
COMPURETAILActive
0888.793.578
0759.669.059
0448.175.830
LANCKRIET ANDREActive
0414.666.585
0448.169.593
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/01/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months15 months
Filing date16/10/202526/09/202412/10/202319/09/202205/10/202129/09/2020
General meeting09/09/202510/09/202412/09/202313/09/202214/09/202108/09/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/03/202509/09/202516/10/2025DutchPDF
Full model31/03/202410/09/202426/09/2024DutchPDF
Full model31/03/202312/09/202312/10/2023DutchPDF
Full model31/03/202213/09/202219/09/2022DutchPDF
Full model31/03/202114/09/202105/10/2021DutchPDF
Full model31/03/202008/09/202029/09/2020DutchPDF
Abridged model31/12/201803/06/201903/07/2019DutchPDF
Abridged model31/12/201704/06/201813/06/2018DutchPDF
Abridged model31/12/201605/06/201731/07/2017DutchPDF
Abridged model31/12/201501/06/201622/08/2016DutchPDF
Abridged model31/12/201401/06/201531/08/2015DutchPDF
Abridged model31/12/201302/06/201423/10/2014DutchPDF
Abridged model31/12/201203/06/201304/10/2013DutchPDF
Abridged model31/12/201104/06/201231/07/2012DutchPDF
Abridged model31/12/201006/06/201117/06/2011DutchPDF
Abridged model31/12/200907/06/201022/06/2010DutchPDF
Abridged model31/12/200825/06/200929/06/2009DutchPDF
Abridged model31/12/200702/06/200809/06/2008DutchPDF
Abridged model31/12/200604/06/200711/06/2007DutchPDF
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 31/03/2025 · 4 active · 9 ended

Active mandates

Didier Clerx

Director · since 17 décembre 2024

Active
Distritech 21

Director · since 17 décembre 2024 · 0464.608.818

Represented by Wim Heylen

Active
OLIVIER LANCKRIET

Director · since 13 décembre 2019 · until 05 mai 2024 · 0632.606.284

Represented by Olivier Lanckriet

Active
Wim Heylen

Director · since 13 décembre 2019 · until 17 décembre 2024

Active

Ended mandates

OLIVIER LANCKRIET

Director · since 13 décembre 2019 · until 15 mai 2024 · 0632.606.284

Represented by Olivier Lanckriet

Ended
OLIVIER LANCKRIET

Director · since 13 décembre 2019 · 0632.606.284

Represented by Olivier Lanckriet

Ended
Wim Heylen

Director · since 13 décembre 2019

Ended
OLIVIER LANCKRIET

Manager · since 28 décembre 2015 · 0632.606.284

Represented by Olivier Lanckriet

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/12/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office23/10/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates03/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/12/2019
    WIJZIGING RECHTSVORM - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates12/08/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/07/2012
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office11/03/2010
    MAATSCHAPPELIJKE ZETEL
    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

Timeline

  1. 2025
    Annual accounts 202592,8 k €
  2. 2024
    Annual accounts 202489,2 k €
  3. 2023
    Annual accounts 2023438,5 k €
  4. 2022
    Annual accounts 2022423,9 k €
  5. 2021
    Annual accounts 2021519,1 k €
  6. 2020
    Annual accounts 202068,3 k €
  7. 2018
    Annual accounts 2018-559,9 €
  8. 2017
    Annual accounts 2017-1,4 k €
  9. 2016
    Annual accounts 2016-8,9 k €
  10. 2015
    Annual accounts 2015-21,5 k €
  11. 2014
    Annual accounts 2014-1,4 k €
  12. 2013
    Annual accounts 2013-1,3 k €
  13. 2012
    Annual accounts 201224,3 k €
  14. 2011
    Annual accounts 201139,6 k €
  15. 2010
    Annual accounts 2010183,3 €
  16. 2009
    Annual accounts 20094,6 k €
  17. 2008
    Annual accounts 2008-2,6 k €
  18. 2007
    Annual accounts 20071,0 k €
  19. 2006
    Annual accounts 20067,5 k €
  20. 17/04/2001
    IncorporationPrivate limited company