Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 4.5 to 1.
Financials
Financial year 2025
CHAPEWERKEN VERHULST from Wevelgem, company number BE0422177850, closed financial year 2025 with a result of € 142,186 after tax. For that financial year CHAPEWERKEN VERHULST recorded a gross margin of € 353,540 and equity of € 390,348. Compared with financial year 2024, the result moved from € 125,054 to € 142,186. 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 January 7, 2026.
€ 390,348
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 142,186
▲ 14% vs 2024
Profit after tax over the fiscal year.
€ 202,951
▼ 12% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 142,000 paid out
100 % of the profit went to the shareholders, mostly to SOBLAC (100 % of the shares). That is where the money ends up.
People and assets in 2025
1
▼ 1.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 58,766
▼ 49% vs 2024
€ 58,800 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.
€ 353,786
▲ 5% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 289,865
▼ 30% vs 2024
€ 121,544 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 209,041
▼ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 32,126
▲ 106% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 600,817 | € 408,104 | € 385,021 | € 353,540 | ▼ 8% |
| Profit after taxes | € 154,204 | € 103,735 | € 125,054 | € 142,186 | ▲ 14% |
| Equity | € 386,372 | € 390,108 | € 390,162 | € 390,348 | |
| Total debts | € 636,742 | € 534,669 | € 773,063 | € 676,963 | ▼ 12% |
| Cash | € 258,042 | € 211,855 | € 231,176 | € 202,951 | ▼ 12% |
| Retained profit | € 361,583 | € 365,318 | € 365,372 | € 365,559 | |
| Dividend | € 150,000 | € 100,000 | € 125,000 | € 142,000 | ▲ 14% |
| Bank debt | € 195,762 | € 144,805 | € 411,709 | € 289,865 | ▼ 30% |
| Balance sheet total | € 1,023,114 | € 924,776 | € 1,163,224 | € 1,067,311 | ▼ 8% |
| Employees (FTE) | 6.6 | 4.5 | 2.9 | 1 | ▼ 1.9 |
Key figures of CHAPEWERKEN 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 30 January 2027.
What happened to CHAPEWERKEN VERHULST?
What happened at CHAPEWERKEN 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 € 142,186 (▲ 14% vs 2024). Source: NBB ↗
- Laurent CRESPIN became a director. NBB
- New establishment in Wevelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 154,204 profit in 2022 to € 142,186 profit in 2025.
Paid € 179,535 in corporate taxes since 2022.
Best year ever: 2022, with € 154,204 profit.
On average € 353,500 of value added per employee in 2025.
Management
The stake of SOBLAC comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CHAPEWERKEN VERHULSTBehind CHAPEWERKEN VERHULST is Laurent CRESPIN. The shares are held by SOBLAC (99.9%).
Directors
According to the 2025 annual accounts
since 2016
Shareholders
99.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Drieslaan 1
8560 Wevelgem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0422.177.850
- VAT number
- BE 0422.177.850
- Registered office
- Drieslaan 1, 8560 Wevelgem
- Names & denominations
- CHAPEWERKEN VERHULST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1981
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde werkzaamheden in de bouw
Overige werkzaamheden in verband met de afwerking van gebouwen
Overige gespecialiseerde bouwwerkzaamheden