Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Figures corrected NBB
Corrected annual account filed for 2024.
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Busy address KBO
15 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
VERHELST BOUWMATERIALEN from Oudenburg, company number BE0405301929, closed financial year 2025 with a result of € -183,793 after tax. For that financial year VERHELST BOUWMATERIALEN recorded revenue of € 123.9 million and equity of € 37.2 million. Compared with financial year 2024, the result moved from € 506,063 to € -183,793. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 20, 2026.
€ 37.2 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -183,793
▼ still € 506,063 profit in 2024
Profit after tax over the fiscal year.
€ 164,609
▼ 47% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 33.9 million.
People and assets in 2025
280.6
▲ 10.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 20 million
▲ 17% vs 2024
€ 71,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2.9 million
▼ 4% vs 2024
Of which on lease € 2.1 million.
Debts at end 2025
€ 16 million
▲ 5% vs 2024
€ 1.2 million is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 12.5 million
▲ 56% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 43 days on average.
€ 10.4 million
▲ 148% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 136,482,204 | € 130,666,932 | € 117,049,246 | € 123,888,121 | ▲ 6% |
| Profit after taxes | € 1,322,948 | € 905,180 | € 506,063 | € -183,793 | ▼ € 689,855 |
| Equity | € 35,931,231 | € 36,836,411 | € 37,342,473 | € 37,158,681 | |
| Total debts | € 54,715,784 | € 55,468,238 | € 40,895,360 | € 49,461,744 | ▲ 21% |
| Cash | € 780,940 | € 61,061 | € 313,045 | € 164,609 | ▼ 47% |
| Land & buildings | € 3,486,325 | € 2,999,909 | € 4,642,447 | € 4,835,220 | ▲ 4% |
| Retained profit | € 32,671,231 | € 33,576,411 | € 34,082,473 | € 33,898,681 | ▼ 1% |
| Bank debt | € 27,694,419 | € 25,150,070 | € 15,270,489 | € 16,003,521 | ▲ 5% |
| Balance sheet total | € 91,158,931 | € 92,998,189 | € 78,889,352 | € 87,225,347 | ▲ 11% |
| Employees (FTE) | 258.6 | 259.8 | 270.4 | 280.6 | ▲ 10.2 |
Key figures of VERHELST BOUWMATERIALEN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to VERHELST BOUWMATERIALEN?
What happened at VERHELST BOUWMATERIALEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- SBS Comm V. stepped down as director. NBB
- Bouw Beheer BV stepped down as director. NBB
- Lipconsult BV stepped down as director. NBB
- Havecon BV stepped down as director. NBB
- Groep Verhelst NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 183,793 (▼ € 689,855 vs 2024). Source: NBB ↗
- New establishment in Poperinge. KBO
- New establishment in Aalter. KBO
In short
From € 1.3 million profit in 2022 to € 183,793 loss in 2025.
Paid € 612,073 in corporate taxes since 2022.
Best year ever: 2022, with € 1.3 million profit.
Pays suppliers within 43 days on average.
Management
The stake of GROEP VERHELST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VERHELST BOUWMATERIALENThe shares are held by GROEP VERHELST (100%). It owns 100% of Constructions Brands, 100% of Verhelst Afwerkingsspecialist and 100% of Verhelst Natuursteen itself.
Directors
According to the 2025 annual accounts
Director · represented by Simon Houtekier
since 2023 · until 2029
Director · represented by Pieter De Poorter
Also active at: VERHELST IMMO ANTWERPEN, VH-TRANS, Callewaert, BALEGRO, VERHELST IMMO DEERLIJK, VERHELST POPERINGE, A.M. Group, GROEP VERHELST +2 more
since 2023 · until 2029
Director · represented by Brecht Lippens
since 2023 · until 2029
Managing director · represented by Kathleen Verhelst
Also active at: Construction Brands, VERHELST IMMO ANTWERPEN, VH-TRANS, VERHELST TECHNICS & FACILITY, Callewaert, VERHELST LOGISTICS, VERHELST IMMO DEERLIJK, VERHELST PORT OPERATORS +8 more
since 2021 · until 2027
Director · represented by Hans De Keyser
Also active at: Construction Brands, VH-TRANS, VERHELST TECHNICS & FACILITY, VERHELST LOGISTICS, VERHELST PORT OPERATORS, VERHELST AFWERKINGSSPECIALIST, VERHELST NATUURSTEEN, Vaartdijk Brugge +1 more
since 2022 · until 2028
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Stationsstraat 30
8460 Oudenburg
Kragendijk 94 9
8300 Knokke-Heist
Active since 7 April 1997
Albert I laan 44
8630 Veurne
Active since 14 April 1997
Industriepark-Drongen 19
9031 Gent
Active since 1 January 1961
Ovenstraat 25
8800 Roeselare
Active since 1 January 2014
Desselgemse steenweg 44
8540 Deerlijk
Active since 12 May 2016
Lieven Bauwensstraat 15
8200 Brugge
Active since 9 January 2017
Ringlaan 26
8520 Kuurne
Active since 2 January 2018
Antoon Spinoystraat 1
2800 Mechelen
Active since 1 January 2024
Boterlaarbaan 126-130
2100 Antwerpen
Active since 1 January 2024
Brug-Zuid 21
9880 Aalter
Active since 30 April 2025
Sappenleenstraat 5
8970 Poperinge
Active since 1 June 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 15 companies are registered at this address.
All companies at this address →Construction Brands same network
€ -57,157 gross margin · 2025
VH-TRANS same network
€ 1.5 million gross margin · 2025
Steenbakkerij van Snaaskerke
€ -3,718 gross margin · 2025
VERHELST TECHNICS & FACILITY same network
€ 1.4 million gross margin · 2025
Verhelst Immo Bouw 2 same network
€ 1 million gross margin · 2025
+10 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0405.301.929
- VAT number
- BE 0405.301.929
- Registered office
- Stationsstraat 30, 8460 Oudenburg
- Names & denominations
- VERHELST BOUWMATERIALEN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 December 1960
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Groothandel in bouwmaterialen, algemeen assortiment
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair
Vervaardiging van stortklare beton
Plaatsen van vloer- en wandtegels