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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
19 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
VERHELST GROUP from Oostende, company number BE0466316018, closed financial year 2025 with a result of € 9.9 million after tax. For that financial year VERHELST GROUP recorded revenue of € 190,870 and equity of € 33.3 million. Compared with financial year 2024, the result moved from € -1.1 million to € 9.9 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.
€ 33.3 million
▲ 42% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9.9 million
▲ still € 1.1 million loss in 2024
Profit after tax over the fiscal year.
€ 4.3 million
▲ € 3.7 million 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 € 32.3 million.
People and assets in 2025
18.8
▲ 2.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.8 million
▲ 24% vs 2024
€ 94,900 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.
€ 332,050
▲ 6% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 28.6 million
▲ 22% vs 2024
€ 908,922 is repaid this year. At this pace the long-term loan is gone in ≈ 19 years.
€ 1.3 million
▲ 128% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 278 days on average.
€ 272,364
▲ 26% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 445,636 | € 461,993 | € 168,596 | € 190,870 | ▲ 13% |
| Profit after taxes | € 5,646,038 | € 7,243,912 | € -1,057,488 | € 9,866,007 | ▲ € 10.9 million |
| Equity | € 17,290,964 | € 24,534,875 | € 23,477,387 | € 33,343,394 | ▲ 42% |
| Total debts | € 6,231,440 | € 26,143,887 | € 30,623,267 | € 71,285,548 | ▲ 133% |
| Cash | € 6,682 | € 9,343 | € 587,536 | € 4,296,825 | ▲ € 3.7 million |
| Land & buildings | € 2,433,918 | € 2,369,355 | € 2,304,792 | € 2,240,229 | ▼ 3% |
| Retained profit | € 16,296,454 | € 23,540,365 | € 22,482,877 | € 32,348,884 | ▲ 44% |
| Bank debt | € 5,632,380 | € 24,693,252 | € 23,466,597 | € 28,566,681 | ▲ 22% |
| Balance sheet total | € 23,600,283 | € 52,261,748 | € 55,984,472 | € 106,925,907 | ▲ 91% |
| Employees (FTE) | 17.4 | 17.8 | 16.6 | 18.8 | ▲ 2.2 |
Key figures of VERHELST GROUP, 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 GROUP?
What happened at VERHELST GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 9.9 million. Source: NBB ↗
- O.P.C. Europe NV became a director. NBB
- Johan Verhelst became a director. NBB
- New establishment in De Haan. KBO
- Start of the company according to the CBE. KBO
In short
From € 5.6 million profit in 2022 to € 9.9 million profit in 2025.
Paid € 544,073 in corporate taxes since 2022.
Best year ever: 2025, with € 9.9 million profit.
Management
Behind VERHELST GROUP are O.P.C. Europe NV and Johan Verhelst. It owns 100% of Top-mix, 100% of Verhelst Immo, 100% of Verhelst Aannemingen, 100% of European Port Services, 100% of Verhelst Machines and 50% of TopAsfalt itself.
Directors
According to the 2025 annual accounts
since 2023
Johan Verhelst
Director
Also active at: VERHELST AANNEMINGEN, Steenbakkerij van Snaaskerke, Steenbakkerij De Keignaert, Top-Mix, Transport Janssens, Verhelst Immo, BALEGRO, EUROPEAN PORT SERVICES +17 more
since 2023
Establishments
Establishment units
Physical locations of this company
Oudenburgsesteenweg 106
8400 Oostende
Dorpsstraat 4
8420 De Haan
Active since 30 July 1999
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 19 companies are registered at this address.
All companies at this address →VERHELST AANNEMINGEN same network
€ 87.7 million revenue · 2025
Top-Mix same network
€ 34.3 million revenue · 2024
Transport Janssens same network
€ 3.8 million gross margin · 2025
Verhelst Immo same network
€ 1.3 million revenue · 2025
BALEGRO same network
€ 2.1 million gross margin · 2025
+14 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0466.316.018
- VAT number
- BE 0466.316.018
- Registered office
- Oudenburgsesteenweg 106, 8400 Oostende
- Names & denominations
- VERHELST GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 June 1999
- Peppol
- Active · Active since 25 Jun 2025
- Activities · NACE
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Activiteiten van hoofdkantoren
Overige diensten , n.e.g.
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis
Overige persoonlijke diensten