ACTIVE

CAR SELECTION

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Financial year 2025 · closed on 31/12/2025

Net result

22,3 k €

-84.3% YoY

Gross margin

168 k €

-49.5% YoY

Equity

1 M €

+2.2% YoY

What does CAR SELECTION do?

CAR SELECTION is a Private limited company incorporated in 2002. Its registered office is in Zemst.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0476.957.017

Incorporation

25/02/2002

Legal form

Private limited company

Registered office

Brusselsesteenweg 501
1980 Zemst · FlandreSee on map

Contributed capital

19 500,00 €

Latest accounts

31/12/2025

Joint committees (4)

112
11200
20100
2010011200

Contacts

3 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

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	168 k €	-49.5%	332,7 k €	+20.7%	275,6 k €	+458%	49,4 k €	-39.4%	81,6 k €	-21.7%	104,2 k €	-59.7%	258,7 k €	-26.5%	351,9 k €	+3.6%	339,7 k €	-5.0%	357,6 k €	+81.9%	196,6 k €	+111%	93,1 k €	-52.9%	197,5 k €	-29.7%	281,1 k €	+54.9%	181,4 k €	-48.9%	355,2 k €	-10.8%	398,1 k €	+4.6%	380,5 k €	+50.7%	252,5 k €	-2.0%	257,5 k €
EBITDA	70,6 k €	-70.3%	237,6 k €	+10.1%	215,8 k €	+2784926%	7,8 €	-100.0%	21,6 k €	-51.2%	44,3 k €	-74.7%	175,2 k €	-37.2%	278,9 k €	-4.0%	290,5 k €	-4.5%	304,2 k €	+101%	151,1 k €	+165%	57,1 k €	-68.5%	181,3 k €	-31.1%	263 k €	+74.6%	150,6 k €	-52.8%	318,8 k €	-11.5%	360,1 k €	-1.7%	366,5 k €	+54.5%	237,3 k €	-5.9%	252,3 k €
Operating result	56,5 k €	-76.5%	240,1 k €	+28.9%	186,3 k €	+6691%	-2,8 k €	-114%	19,8 k €	-53.4%	42,6 k €	-71.3%	148,3 k €	-39.4%	244,8 k €	-5.3%	258,6 k €	-4.7%	271,4 k €	+132%	117 k €	+136%	49,6 k €	-71.1%	171,8 k €	-11.3%	193,6 k €	+60.3%	120,7 k €	-57.9%	287,1 k €	-12.7%	328,8 k €	-1.6%	334 k €	+74.7%	191,2 k €	-8.5%	209,1 k €
Net result	22,3 k €	-84.3%	142,1 k €	+23.3%	115,3 k €	+929%	-13,9 k €	-318%	6,4 k €	-32.5%	9,4 k €	-89.3%	88,3 k €	-40.1%	147,4 k €	+10.6%	133,3 k €	-14.8%	156,4 k €	+308%	38,3 k €	+290%	9,8 k €	-91.0%	109,6 k €	+6.7%	102,7 k €	+88.6%	54,5 k €	-66.7%	163,7 k €	-14.1%	190,5 k €	-2.6%	195,5 k €	+54.5%	126,6 k €	-11.2%	142,4 k €
Balance sheet
Equity	1 M €	+2.2%	997,3 k €	+16.6%	855,2 k €	+15.6%	739,9 k €	-1.8%	753,8 k €	+0.9%	747,4 k €	+1.3%	738 k €	+13.6%	649,7 k €	-29.8%	925,4 k €	+16.8%	792,1 k €	+17.2%	675,6 k €	+6.0%	637,3 k €	+1.6%	627,5 k €	-4.9%	659,9 k €	+18.4%	557,2 k €	+13.8%	489,8 k €	+2.9%	476,1 k €	+23.5%	385,6 k €	+32.9%	290,1 k €	+46.1%	198,6 k €
Total assets	1,5 M €	-4.1%	1,6 M €	+4.8%	1,5 M €	+27.4%	1,2 M €	-7.8%	1,3 M €	-1.9%	1,3 M €	-1.8%	1,3 M €	-17.1%	1,6 M €	+0.8%	1,6 M €	+1.4%	1,6 M €	+15.2%	1,4 M €	-3.2%	1,4 M €	-0.1%	1,4 M €	+2.3%	1,4 M €	-4.8%	1,4 M €	-0.3%	1,5 M €	+1.4%	1,4 M €	+4.8%	1,4 M €	+26.1%	1,1 M €	+15.5%	937 k €
Cash	478,8 k €	-3.5%	496,1 k €	+27.6%	388,8 k €	+122%	175 k €	-68.7%	559,9 k €	+3.8%	539,2 k €	+70.8%	315,8 k €	-13.9%	366,8 k €	+7.6%	341 k €	+58.7%	214,9 k €	-44.6%	387,7 k €	+3.4%	375,1 k €	+143%	154,7 k €	+53.0%	101,1 k €	+347%	22,6 k €	-64.1%	63 k €	+1189%	4,9 k €	-79.2%	23,5 k €	-10.8%	26,4 k €	-81.4%	141,8 k €
Debts	464 k €	-14.5%	542,4 k €	-12.7%	621,6 k €	+44.0%	431,7 k €	-15.0%	507,9 k €	-7.3%	548,1 k €	-4.7%	575,2 k €	-38.7%	938,1 k €	+48.3%	632,6 k €	-12.6%	723,9 k €	+14.4%	632,9 k €	-12.6%	724,4 k €	-1.6%	736 k €	+9.9%	670 k €	-23.4%	874,7 k €	-4.8%	918,5 k €	+0.7%	911,8 k €	-4.0%	949,4 k €	+25.0%	759,6 k €	+4.1%	729,9 k €
Other
Workforce	–		–		1,3 ETP	0.0%	1,3 ETP	-23.5%	1,7 ETP	0.0%	1,7 ETP	-22.7%	2,2 ETP	+4.8%	2,1 ETP	+23.5%	1,7 ETP	0.0%	1,7 ETP	+70.0%	1,0 ETP	0.0%	1,0 ETP	+150%	0,4 ETP	0.0%	0,4 ETP	-63.6%	1,1 ETP	0.0%	1,1 ETP	0.0%	1,1 ETP	+267%	0,3 ETP		–		0,1 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 31/12/2025 · 2 active · 3 ended

Active mandates

Bertrand Haelwaeters

Manager · since 12 mars 2006

Active

Geert Haelwaeters

Manager

Active

Ended mandates

Bertrand Haelwaeters

Director

Ended

Bertrand Haelwaeters

Manager

Ended

Geert Haelwaeters

Director

Ended

At this address

Other companies at this address

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ENERGY SELECTION● Active	1005.874.360
THS● Active	1023.271.509
TINE H PROJECTS● Active	1030.756.642

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	01/07/2026	30/06/2025	11/07/2024	11/07/2023	28/07/2022	22/07/2021
General meeting	27/06/2026	28/06/2025	29/06/2024	24/06/2023	25/06/2022	26/06/2021
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
Abridged model	31/12/2025	27/06/2026	01/07/2026	Dutch	PDF
Abridged model	31/12/2024	28/06/2025	30/06/2025	Dutch	PDF
Abridged model	31/12/2023	29/06/2024	11/07/2024	Dutch	PDF
Abridged model	31/12/2022	24/06/2023	11/07/2023	Dutch	PDF
Abridged model	31/12/2021	25/06/2022	28/07/2022	Dutch	PDF
Abridged model	31/12/2020	26/06/2021	22/07/2021	Dutch	PDF
Abridged model	31/12/2019	10/07/2020	13/07/2020	Dutch	PDF
Abridged model	31/12/2018	29/06/2019	29/08/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	24/08/2018	Dutch	PDF
Abridged model	31/12/2016	24/06/2017	02/08/2017	Dutch	PDF
Abridged model	31/12/2015	25/06/2016	12/07/2016	Dutch	PDF
Abridged model	31/12/2014	27/06/2015	30/07/2015	Dutch	PDF
Abridged model	31/12/2013	28/06/2014	26/08/2014	Dutch	PDF
Abridged model	31/12/2012	15/03/2013	29/08/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	25/08/2012	Dutch	PDF
Abridged model	31/12/2010	26/05/2011	24/08/2011	Dutch	PDF
Abridged model	31/12/2009	26/06/2010	25/08/2010	Dutch	PDF
Abridged model	31/12/2008	27/06/2009	26/08/2009	Dutch	PDF
Abridged model	31/12/2007	28/06/2008	31/08/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	17/07/2007	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 · 2 active · 3 ended

Active mandates

Bertrand Haelwaeters

Manager · since 12 mars 2006

Active

Geert Haelwaeters

Manager

Active

Ended mandates

Bertrand Haelwaeters

Director

Ended

Bertrand Haelwaeters

Manager

Ended

Geert Haelwaeters

Director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates24/08/2023
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares20/12/2018
KAPITAAL - AANDELEN
PDF
Capital / shares07/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates02/05/2006
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
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 202522,3 k €↓
2024
Annual accounts 2024142,1 k €↑
2023
Annual accounts 2023115,3 k €↑
2022
Annual accounts 2022-13,9 k €↓
2021
Annual accounts 20216,4 k €↓
2020
Annual accounts 20209,4 k €↓
2019
Annual accounts 201988,3 k €↓
2018
Annual accounts 2018147,4 k €↑
2017
Annual accounts 2017133,3 k €↓
2016
Annual accounts 2016156,4 k €↑
2015
Annual accounts 201538,3 k €↑
2014
Annual accounts 20149,8 k €↓
2013
Annual accounts 2013109,6 k €↑
2012
Annual accounts 2012102,7 k €↑
2011
Annual accounts 201154,5 k €↓
2010
Annual accounts 2010163,7 k €↓
2009
Annual accounts 2009190,5 k €↓
2008
Annual accounts 2008195,5 k €↑
2007
Annual accounts 2007126,6 k €↓
2006
Annual accounts 2006142,4 k €
25/02/2002
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

CAR SELECTION

Overview

What does CAR SELECTION do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

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