Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
VERHELST M. en ZOON from Oostkamp, company number BE0446880483, closed financial year 2025 with a result of € -16,675 after tax. For that financial year VERHELST M. en ZOON recorded a gross margin of € 136,965 and equity of € 417,021. Compared with financial year 2024, the result moved from € -11,316 to € -16,675. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.
€ 417,021
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -16,675
▼ 47 % more loss than in 2024
Profit after tax over the fiscal year.
€ 196,768
▲ 22% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 257,021.
People and assets in 2025
€ 105,747
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 23,351
▼ 43% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 50,585
▼ 38% vs 2024
€ 25,653 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 50,841
▲ 106% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 40,991
▲ 13% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 164,780 | € 175,583 | € 142,626 | € 136,965 | ▼ 4% |
| Profit after taxes | € 27,334 | € 19,257 | € -11,316 | € -16,675 | ▼ € 5,359 |
| Equity | € 429,138 | € 446,729 | € 433,696 | € 417,021 | ▼ 4% |
| Total debts | € 169,948 | € 213,901 | € 147,636 | € 145,777 | ▼ 1% |
| Cash | € 117,345 | € 130,865 | € 160,695 | € 196,768 | ▲ 22% |
| Land & buildings | € 92,415 | € 135,868 | € 134,092 | € 118,015 | ▼ 12% |
| Retained profit | € 269,138 | € 286,729 | € 273,696 | € 257,021 | ▼ 6% |
| Dividend | € 29,721 | € 1,666 | € 1,718 | € 0 | ▼ 100% |
| Bank debt | € 115,137 | € 112,888 | € 81,115 | € 50,585 | ▼ 38% |
| Balance sheet total | € 599,086 | € 660,630 | € 581,331 | € 562,798 | ▼ 3% |
Key figures of VERHELST M. en ZOON, 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 M. en ZOON?
What happened at VERHELST M. en ZOON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Victor Verhelst stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 16,675. Source: NBB ↗
- Victor Verhelst became a director. NBB
- New establishment in Oostkamp. KBO
- Start of the company according to the CBE. KBO
In short
From € 27,334 profit in 2022 to € 16,675 loss in 2025.
Paid € 15,531 in corporate taxes since 2022.
Best year ever: 2022, with € 27,334 profit.
Paid out € 33,105 in dividends to the owners in total.
Management
Directors
According to the 2025 annual accounts
Victor Verhelst
Director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Kortrijksestraat 439 box A
8020 Oostkamp
Nijverheidsstraat 2
8020 Oostkamp
Active since 13 April 1992
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0446.880.483
- VAT number
- BE 0446.880.483
- Registered office
- Kortrijksestraat 439 bus A, 8020 Oostkamp
- Names & denominations
- VERHELST M. en ZOON
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 March 1992
- Peppol
- Active · Active since 17 Sept 2025
- Activities · NACE
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