What does VERHOYE do?

VERHOYE is a road construction company in Tielt. Public Limited, started on 21 May 1990, 1 establishment.

What is the address of VERHOYE?

The registered office of VERHOYE is located at Mariënhovestraat 36, 8700 Tielt.

Is VERHOYE still active?

Yes. According to the CBE (29 October 2026) VERHOYE is active, legal situation “Normale toestand”, started on 21 May 1990.

Is VERHOYE registered on Peppol?

Yes, VERHOYE is registered on the Peppol network with ID 0208:0440742165.

What is the enterprise number of VERHOYE?

The enterprise number of VERHOYE is BE0440742165.

When was VERHOYE founded?

VERHOYE was founded on 21 May 1990.

Who are the directors of VERHOYE?

According to the 2025 annual accounts, the directors of VERHOYE are: Romain Boussin, Lahbib Bouarfa, Christophe Minier.

Is VERHOYE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 21 May 1990; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did VERHOYE make in 2025?

VERHOYE recorded a loss after taxes of € 217,905 in financial year 2025.

What is the revenue of VERHOYE?

As a small company, VERHOYE is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 641,620.

How much does an employee at VERHOYE earn?

The average wage cost per full-time employee at VERHOYE was € 68,500 in 2025: staff costs of € 684,956 for 10 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does VERHOYE have?

According to the 2025 annual accounts, VERHOYE has 10 full-time equivalents (FTE).

VERHOYE (Public Limited) - Tielt - BE0440742165

Dossier VERHOYE, printed on 29 October 2026 from databakkes.be/en/0440742165/verhoye. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 2 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2024 and 2025.

Financials

Financial year 2025

VERHOYE from Tielt, company number BE0440742165, closed financial year 2025 with a result of € -217,905 after tax. For that financial year VERHOYE recorded a gross margin of € 641,620 and equity of € -304,618. Compared with financial year 2024, the result moved from € -209,541 to € -217,905. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2026.

What it is worth Caution

€ -304,618

▼ € 217,905 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -217,905

▼ 4 % more loss than in 2024

Profit after tax over the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -366,618.

People and assets in 2025

Full-time equivalents

▼ 0.4 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 684,956

▲ 2% vs 2024

€ 68,500 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.

Vehicles and equipment

€ 135,319

▼ 26% vs 2024

Of which on lease € 134,928.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 37,232

▼ 52% vs 2024

€ 17,716 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 450,339

▼ 38% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 152,847

▼ 54% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 610,017 Gross margin 2022: € 610,017 First fiscal year in the series	€ 794,642 Gross margin 2023: € 794,642 ▲ 30% vs 2022 (€ 610,017) Favourable step	€ 695,641 Gross margin 2024: € 695,641 ▼ 12% vs 2023 (€ 794,642) Unfavourable step	€ 641,620 Gross margin 2025: € 641,620 ▼ 8% vs 2024 (€ 695,641) Unfavourable step	▼ 8%
Profit after taxes	€ 54,666 Profit after taxes 2022: € 54,666 First fiscal year in the series	€ 23,048 Profit after taxes 2023: € 23,048 ▼ 58% vs 2022 (€ 54,666) Unfavourable step	€ -209,541 Profit after taxes 2024: € -209,541 ▼ € 232,590 vs 2023 (€ 23,048) Unfavourable step	€ -217,905 Profit after taxes 2025: € -217,905 ▼ € 8,363 vs 2024 (€ -209,541) Unfavourable step	▼ € 8,363
Equity	€ 99,780 Equity 2022: € 99,780 First fiscal year in the series	€ 122,828 Equity 2023: € 122,828 ▲ 23% vs 2022 (€ 99,780) Favourable step	€ -86,713 Equity 2024: € -86,713 ▼ € 209,542 vs 2023 (€ 122,828) Unfavourable step	€ -304,618 Equity 2025: € -304,618 ▼ € 217,905 vs 2024 (€ -86,713) Unfavourable step	▼ € 217,905
Total debts	€ 1,398,175 Total debts 2022: € 1,398,175 First fiscal year in the series	€ 1,609,329 Total debts 2023: € 1,609,329 ▲ 15% vs 2022 (€ 1,398,175) Unfavourable step	€ 3,468,124 Total debts 2024: € 3,468,124 ▲ 116% vs 2023 (€ 1,609,329) Unfavourable step	€ 2,656,631 Total debts 2025: € 2,656,631 ▼ 23% vs 2024 (€ 3,468,124) Favourable step	▼ 23%
Retained profit	€ 37,780 Retained profit 2022: € 37,780 First fiscal year in the series	€ 60,828 Retained profit 2023: € 60,828 ▲ 61% vs 2022 (€ 37,780) Favourable step	€ -148,713 Retained profit 2024: € -148,713 ▼ € 209,542 vs 2023 (€ 60,828) Unfavourable step	€ -366,618 Retained profit 2025: € -366,618 ▼ € 217,905 vs 2024 (€ -148,713) Unfavourable step	▼ € 217,905
Bank debt	€ 144,930 Bank debt 2022: € 144,930 First fiscal year in the series	€ 136,472 Bank debt 2023: € 136,472 ▼ 6% vs 2022 (€ 144,930) Favourable step	€ 78,217 Bank debt 2024: € 78,217 ▼ 43% vs 2023 (€ 136,472) Favourable step	€ 37,232 Bank debt 2025: € 37,232 ▼ 52% vs 2024 (€ 78,217) Favourable step	▼ 52%
Balance sheet total	€ 1,497,955 Balance sheet total 2022: € 1,497,955 First fiscal year in the series	€ 1,732,158 Balance sheet total 2023: € 1,732,158 ▲ 16% vs 2022 (€ 1,497,955) Unchanged	€ 3,381,411 Balance sheet total 2024: € 3,381,411 ▲ 95% vs 2023 (€ 1,732,158) Unchanged	€ 2,362,013 Balance sheet total 2025: € 2,362,013 ▼ 30% vs 2024 (€ 3,381,411) Unchanged	▼ 30%
Employees (FTE)	6.7 Employees (FTE) 2022: 6.7 First fiscal year in the series	9.5 Employees (FTE) 2023: 9.5 ▲ 2.8 vs 2022 (6.7) Unchanged	10.4 Employees (FTE) 2024: 10.4 ▲ 0.9 vs 2023 (9.5) Unchanged	10 Employees (FTE) 2025: 10 ▼ 0.4 vs 2024 (10.4) Unchanged	▼ 0.4

Key figures of VERHOYE, 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 VERHOYE?

What happened at VERHOYE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 29, 2026 New annual accounts for financial year 2025: loss of € 217,905. Source: NBB ↗
2025 Romain Boussin became a director. NBB
2021 Lahbib Bouarfa became a director. NBB
2021 Christophe Minier became a director. NBB
Jun 13, 1990 New establishment in Tielt. KBO
May 21, 1990 Start of the company according to the CBE. KBO

In short

From € 54,666 profit in 2022 to € 217,905 loss in 2025.

Paid € 828 in corporate taxes since 2022.

Best year ever: 2022, with € 54,666 profit.

On average € 64,200 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

EUROVIA BELGIUM 100%

The stake of EUROVIA BELGIUM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

VERHOYE

Behind VERHOYE are Romain Boussin, Lahbib Bouarfa and Christophe Minier. The shares are held by EUROVIA BELGIUM (100%).

Directors

According to the 2025 annual accounts

Romain Boussin

Director

since 2025

Lahbib Bouarfa

Director

since 2021

Christophe Minier

Director

Also active at: Carrières Unies de Porphyre, Grizaco, LES MATERIAUX ENROBES DU TOURNAISIS, CECOSY, HYDROCAR Industrie

since 2021

Shareholders

EUROVIA BELGIUM

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Mariënhovestraat 36

8700 Tielt

2.048.577.246

Schietspoelstraat 37

8760 Tielt

Active since 13 June 1990

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0440.742.165

VAT number

BE 0440.742.165

Registered office

Mariënhovestraat 36, 8700 Tielt

Names & denominations

VERHOYE

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

21 May 1990

Peppol

Active · Active since 21 Jan 2026

Activities · NACE

Bouw van autowegen en andere wegen

Bouw van autowegen en andere wegen, vliegvelden en sportfaciliteiten

Landschapsverzorging

Diensten in verband met de landbouw; aanleg en onderhoud van tuinen en parken

Bouwrijp maken van terreinen

Grondverzet

View on CBE Public ↗ Annual accounts (NBB) ↗

VERHOYE

Warning lights

Financials

What happened to VERHOYE?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions