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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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Busy address KBO
15 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
VERHELST LOGISTICS from Oudenburg, company number BE0413152692, closed financial year 2025 with a result of € 190,206 after tax. For that financial year VERHELST LOGISTICS recorded revenue of € 17.5 million and equity of € 9.3 million. Compared with financial year 2024, the result moved from € 159,236 to € 190,206. 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 20, 2026.
€ 9.3 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 190,206
▲ 19% vs 2024
Profit after tax over the fiscal year.
€ 49,282
▼ 95% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 7 million.
People and assets in 2025
43.1
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.1 million
▲ 13% 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.
€ 883,983
▼ 37% vs 2024
Of which on lease € 761,325.
Debts at end 2025
€ 1.8 million
▼ 30% vs 2024
€ 411,902 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1.8 million
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 45 days on average.
€ 580,345
▲ 129% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 15,180,947 | € 15,488,712 | € 16,431,290 | € 17,501,942 | ▲ 7% |
| Profit after taxes | € 457,251 | € 272,529 | € 159,236 | € 190,206 | ▲ 19% |
| Equity | € 10,672,152 | € 10,944,681 | € 9,103,917 | € 9,294,122 | ▲ 2% |
| Total debts | € 8,415,920 | € 8,243,434 | € 9,679,849 | € 6,933,228 | ▼ 28% |
| Cash | € 58,420 | € 48,522 | € 1,046,357 | € 49,282 | ▼ 95% |
| Retained profit | € 8,351,552 | € 8,624,080 | € 6,783,316 | € 6,973,522 | ▲ 3% |
| Dividend | € 0 | € 0 | € 2,000,000 | € 0 | ▼ 100% |
| Bank debt | € 2,618,842 | € 2,619,738 | € 2,596,336 | € 1,805,637 | ▼ 30% |
| Balance sheet total | € 19,088,072 | € 19,188,116 | € 18,783,766 | € 16,227,350 | ▼ 14% |
| Employees (FTE) | 45.8 | 43.6 | 43.6 | 43.1 | ▼ 0.5 |
Key figures of VERHELST LOGISTICS, 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 LOGISTICS?
What happened at VERHELST LOGISTICS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Denko International BV stepped down as director. NBB
- Havecon BV stepped down as director. NBB
- Ludovic DE POORTER stepped down as director. NBB
- Groep Verhelst NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 190,206 (▲ 19% vs 2024). Source: NBB ↗
- Denko International BV became a director. NBB
- Havecon BV became a director. NBB
- Ludovic DE POORTER became a director. NBB
In short
From € 457,251 profit in 2022 to € 190,206 profit in 2025.
Paid € 328,228 in corporate taxes since 2022.
Best year ever: 2022, with € 457,251 profit.
Paid out € 2 million in dividends to the owners in total.
Management
The stake of GROEP VERHELST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VERHELST LOGISTICSThe shares are held by GROEP VERHELST (100%). It owns 100% of VERHELST PORT OPERATORS, 100% of VH-TRANS and 100% of VERHELST TECHNICS & FACILITY itself.
Directors
According to the 2025 annual accounts
since 2023 · until 2029
Ludovic DE POORTER
Director
since 2021 · until 2027
Managing director · represented by Kathleen Verhelst
Also active at: Construction Brands, VERHELST IMMO ANTWERPEN, VH-TRANS, VERHELST TECHNICS & FACILITY, VERHELST BOUWMATERIALEN, Callewaert, 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 BOUWMATERIALEN, 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
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 BOUWMATERIALEN same network
€ 123.9 million revenue · 2025
+10 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0413.152.692
- VAT number
- BE 0413.152.692
- Registered office
- Stationsstraat 30, 8460 Oudenburg
- Names & denominations
- VERHELST LOGISTICS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 April 1973
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- verhelstlogistics.be
- Activities · NACE
Goederenvervoer over de weg
Groothandel in bouwmaterialen, algemeen assortiment
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair