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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Tight liquidity NBB
Cash and receivables cover 49 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 4.8 to 1.6.
Financials
Financial year 2025
VERHELST POPERINGE from Poperinge, company number BE0441690884, closed financial year 2025 with a result of € 169,143 after tax. For that financial year VERHELST POPERINGE recorded a gross margin of € 282,690 and equity of € 634,700. Compared with financial year 2024, the result moved from € -255,331 to € 169,143. 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.
€ 634,700
▲ € 870,713 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 169,143
▲ still € 255,331 loss in 2024
Profit after tax over the fiscal year.
€ 30,943
▼ 35% 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 € -110,270.
People and assets in 2025
1.6
▼ 1.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 53,457
▼ 73% vs 2024
€ 33,400 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.
Debts at end 2025
€ 203,802
▼ 71% vs 2024
€ 58,385 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 4,757
▼ 90% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 57,103
▲ 97% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 220,434 | € 392,803 | € 26,888 | € 282,690 | ▲ € 255,802 |
| Profit after taxes | € -75,618 | € 41,609 | € -255,331 | € 169,143 | ▲ € 424,474 |
| Equity | € -22,410 | € 19,318 | € -236,013 | € 634,700 | ▲ € 870,713 |
| Total debts | € 1,035,839 | € 989,442 | € 918,620 | € 614,907 | ▼ 33% |
| Cash | € 186,913 | € 49,860 | € 47,799 | € 30,943 | ▼ 35% |
| Land & buildings | € 473,026 | € 442,571 | € 412,117 | € 1,180,743 | ▲ 187% |
| Retained profit | € -65,810 | € -24,082 | € -279,413 | € -110,270 | ▲ € 169,143 |
| Bank debt | € 850,538 | € 811,409 | € 701,763 | € 203,802 | ▼ 71% |
| Balance sheet total | € 1,021,657 | € 1,018,695 | € 692,055 | € 1,249,607 | ▲ 81% |
| Employees (FTE) | 5.6 | 4.8 | 3.4 | 1.6 | ▼ 1.8 |
Key figures of VERHELST POPERINGE, 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 POPERINGE?
What happened at VERHELST POPERINGE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 169,143. Source: NBB ↗
- BOUW BEHEER BV became a director. NBB
- GROEP VERHELST NV became a director. NBB
- VALERIE DEBAL stepped down as director. NBB
- STM CONSULTING BV stepped down as director. NBB
- New establishment in Poperinge. KBO
- New establishment in Poperinge. KBO
- Start of the company according to the CBE. KBO
In short
From € 75,618 loss in 2022 to € 169,143 profit in 2025.
Paid € 13 in corporate taxes since 2022.
Best year ever: 2025, with € 169,143 profit.
On average € 176,700 of value added per employee in 2025.
Management
The stake of STM CONSULTING, VERHELST IMMO BOUW comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VERHELST POPERINGEBehind VERHELST POPERINGE are BOUW BEHEER BV and GROEP VERHELST NV. The shares are held by STM CONSULTING (100%) and VERHELST IMMO BOUW (100%).
Directors
According to the 2025 annual accounts
Director · represented by PIETER DE POORTER
Also active at: VERHELST IMMO ANTWERPEN, VH-TRANS, VERHELST BOUWMATERIALEN, Callewaert, BALEGRO, VERHELST IMMO DEERLIJK, A.M. Group, GROEP VERHELST +2 more
since 2025
Director · represented by KATHLEEN VERHELST
Also active at: Construction Brands, VERHELST IMMO ANTWERPEN, VH-TRANS, VERHELST TECHNICS & FACILITY, VERHELST BOUWMATERIALEN, Callewaert, VERHELST LOGISTICS, VERHELST IMMO DEERLIJK +8 more
since 2025
VALERIE DEBAL
Director
· until 2025
Director · represented by STEVEN MEEUW
· until 2025
Shareholders
100%
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Sappenleenstraat 5
8970 Poperinge
Sappenleenstraat 6
8970 Poperinge
Active since 4 June 2019
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0441.690.884
- VAT number
- BE 0441.690.884
- Registered office
- Sappenleenstraat 5, 8970 Poperinge
- Names & denominations
- VERHELST POPERINGE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 October 1990
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Schrijnwerk
Schrijnwerk van hout of van kunststof
Groothandel in elektrische huishoudelijke apparaten en audio- en videoapparatuur
Plaatsen van behang en vloerbedekking en wandbekleding van andere materialen
Installatie van isolatie
Activiteiten van interieurarchitecten
Plaatsen van vloerbedekking en wandbekleding van hout
Plaatsen van behang
+1