Financials
Financial year 2025
Etablissements Verhulst from Soumagne, company number BE0406825720, closed financial year 2025 with a result of € 2.8 million after tax. For that financial year Etablissements Verhulst recorded revenue of € 14 million and equity of € 4.5 million. Compared with financial year 2024, the result moved from € 1.9 million to € 2.8 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ 4.5 million
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.8 million
▲ 48% vs 2024
Profit after tax over the fiscal year.
€ 1.6 million
▼ 46% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2.5 million paid out
89 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
42.9
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.8 million
▲ 6% vs 2024
€ 66,300 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.
€ 198,848
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 589,559
€ 90,119 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 340,124
▼ 59% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 17 days on average.
€ 697,360
▲ 49% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 12,552,675 | € 13,953,539 | ▲ 11% |
| Gross margin | € 4,585,359 | € 4,660,969 | - | - | |
| Profit after taxes | € 1,389,302 | € 1,251,249 | € 1,896,827 | € 2,815,824 | ▲ 48% |
| Equity | € 4,123,683 | € 4,174,932 | € 4,171,759 | € 4,487,583 | ▲ 8% |
| Total debts | € 2,622,369 | € 2,931,568 | € 4,046,359 | € 4,127,043 | ▲ 2% |
| Cash | € 1,503,233 | € 878,322 | € 3,014,060 | € 1,616,583 | ▼ 46% |
| Land & buildings | € 36,525 | € 60,961 | € 115,976 | € 184,440 | ▲ 59% |
| Retained profit | € 3,999,683 | € 4,050,932 | € 4,047,759 | € 4,363,583 | ▲ 8% |
| Dividend | € 1,200,000 | € 1,200,000 | € 1,900,000 | € 2,500,000 | ▲ 32% |
| Bank debt | € 0 | € 0 | € 0 | € 589,559 | |
| Balance sheet total | € 6,754,976 | € 7,115,424 | € 8,227,042 | € 8,623,551 | ▲ 5% |
| Employees (FTE) | 44.7 | 45.8 | 43 | 42.9 | ▼ 0.1 |
Key figures of Etablissements Verhulst, 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 Etablissements Verhulst?
What happened at Etablissements Verhulst in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2.8 million (▲ 48% vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Soumagne. KBO
In short
From € 1.4 million profit in 2022 to € 2.8 million profit in 2025.
Paid € 2.5 million in corporate taxes since 2022.
Best year ever: 2025, with € 2.8 million profit.
On average € 101,800 of value added per employee in 2023.
A new publication or filing at Etablissements Verhulst? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Etablissements Verhulst are Didier VERHULST and Jean-Paul VERHULST.
Directors
According to the 2025 annual accounts
Didier VERHULST
Manager
Jean-Paul VERHULST
Manager
Establishments
Establishment units
Physical locations of this company
Rue Gustave Defnet 37
4630 Soumagne
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0406.825.720
- VAT number
- BE 0406.825.720
- Registered office
- Rue Gustave Defnet 37, 4630 Soumagne
- Names & denominations
- Etablissements Verhulst
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 October 1969
- Peppol
- Active · Active since 19 Aug 2025
- Activities · NACE
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