ACTIVE

Sels²

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Financial year 2025 · closed on 31/12/2025
Net result
1,1 M €
+6230.1% YoY
Gross margin
1,1 M €
+3404.0% YoY
Equity
201,1 k €
+0.3% YoY

What does Sels² do?

Sels² is a Private limited company incorporated in 2017. Its main activity is: Buying and selling of own real estate. Its registered office is in Schilde.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0683.631.452
Incorporation
23/10/2017
Legal form
Private limited company
Registered office
Wijnegemsteenweg 24
2970 Schilde · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
68100Buying and selling of own real estate· main68110Buying and selling of own real estate68310Real estate agencies68311Real estate agencies
Signals
ProfitableLow riskPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192018
Income statement
Gross margin1,1 M €32,7 k €85,4 k €364,7 k €393,1 k €206,1 k €37,4 k €7,9 k €
EBITDA1,1 M €26,6 k €84,2 k €363,5 k €392 k €203,7 k €36,9 k €7,1 k €
Operating result1,1 M €26,6 k €84,1 k €363,3 k €391,6 k €203,3 k €36,5 k €7,1 k €
Net result1,1 M €18,1 k €84,5 k €342,1 k €370,7 k €192,1 k €24,1 k €3,6 k €
Balance sheet
Equity201,1 k €200,4 k €182,3 k €181,8 k €124,7 k €74,4 k €46,3 k €22,2 k €
Total assets2,3 M €471,4 k €408,6 k €1,3 M €1,6 M €1,3 M €831,5 k €48,7 k €
Cash935 k €115,8 k €29,8 k €307,8 k €289,3 k €389,6 k €383,3 k €26,6 k €
Debts2,1 M €271 k €226,3 k €866 k €1,2 M €1,2 M €515,2 k €6,2 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

Bouwbedrijf G. Sels

bestuurder · since 13 décembre 2023 · 0406.258.071

Represented by Michaël MATHEUSSEN

Active
SUMAVA

bestuurder · since 13 décembre 2023 · 0843.925.734

Represented by Tom Hendrickx

Active

Ended mandates

Bouwbedrijf G. Sels

bestuurder · since 13 décembre 2023 · 0406.258.071

Represented by Michaël Matheussen

Ended
SUMAVA

bestuurder · since 24 avril 2023 · 0843.925.734

Represented by Tom Hendrickx

Ended
SUMAVA

Mandate · since 16 mars 2021 · 0843.925.734

Represented by Michaël Matheussen

Ended
SUMAVA

Director · since 16 mars 2021 · 0843.925.734

Represented by Jochen Moortgat

Ended
At this address

Other companies at this address

CompanyCBE no.
BaBo Projects● Active
1014.854.382
Bouwbedrijf G. Sels● Active
0406.258.071
Solid Splendid● Active
0795.436.721
SUMAVA● Active
0843.925.734
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date08/07/202625/07/202509/07/202423/08/202329/06/202205/07/2021
General meeting10/06/202611/06/202512/06/202414/06/202308/06/202209/06/2021
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202510/06/202608/07/2026DutchPDF
Abridged model31/12/202411/06/202525/07/2025DutchPDF
Abridged model31/12/202312/06/202409/07/2024DutchPDF
Abridged model31/12/202214/06/202323/08/2023DutchPDF
Abridged model31/12/202108/06/202229/06/2022DutchPDF
Micro model31/12/202009/06/202105/07/2021DutchPDF
Micro model31/12/201910/06/202031/08/2020DutchPDF
Micro model31/12/201812/06/201927/08/2019DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 8 ended

Active mandates

Bouwbedrijf G. Sels

bestuurder · since 13 décembre 2023 · 0406.258.071

Represented by Michaël MATHEUSSEN

Active
SUMAVA

bestuurder · since 13 décembre 2023 · 0843.925.734

Represented by Tom Hendrickx

Active

Ended mandates

Bouwbedrijf G. Sels

bestuurder · since 13 décembre 2023 · 0406.258.071

Represented by Michaël Matheussen

Ended
SUMAVA

bestuurder · since 24 avril 2023 · 0843.925.734

Represented by Tom Hendrickx

Ended
SUMAVA

Mandate · since 16 mars 2021 · 0843.925.734

Represented by Michaël Matheussen

Ended
SUMAVA

Director · since 16 mars 2021 · 0843.925.734

Represented by Jochen Moortgat

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/12/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Court decision26/05/2023
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
    PDF
  • Mandates26/11/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/09/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other25/10/2017
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 20251,1 M €↑
  2. 2024
    Annual accounts 202418,1 k €↓
  3. 2023
    Annual accounts 202384,5 k €↓
  4. 2022
    Annual accounts 2022342,1 k €↓
  5. 2021
    Annual accounts 2021370,7 k €↑
  6. 2020
    Annual accounts 2020192,1 k €↑
  7. 2019
    Annual accounts 201924,1 k €↑
  8. 2018
    Annual accounts 20183,6 k €
  9. 23/10/2017
    IncorporationPrivate limited company