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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 23 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VERHULST from Evergem, company number BE0473349805, closed financial year 2025 with a result of € -27,115 after tax. For that financial year VERHULST recorded a gross margin of € 23,988 and equity of € 528,654. Compared with financial year 2024, the result moved from € -31,288 to € -27,115. 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 August 18, 2026.
€ 528,654
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -27,115
▲ 13 % less loss than in 2024
Profit after tax over the fiscal year.
€ 11,132
▼ 30% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 466,654.
People and assets in 2025
€ 23,041
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 241,830
▼ 8% vs 2024
€ 21,928 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 11,961
▲ € 11,932 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,286
▲ € 3,851 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 | € 30,252 | € 15,626 | € 20,074 | € 23,988 | ▲ 19% |
| Profit after taxes | € -10,984 | € -35,985 | € -31,288 | € -27,115 | ▲ € 4,173 |
| Equity | € 637,328 | € 601,342 | € 570,055 | € 528,654 | ▼ 7% |
| Total debts | € 306,374 | € 285,468 | € 263,922 | € 268,077 | ▲ 2% |
| Cash | € 33,535 | € 22,921 | € 15,950 | € 11,132 | ▼ 30% |
| Land & buildings | € 873,121 | € 837,678 | € 802,236 | € 766,793 | ▼ 4% |
| Retained profit | € 575,328 | € 539,342 | € 508,055 | € 466,654 | ▼ 8% |
| Dividend | € 0 | € 0 | € 0 | € 14,286 | |
| Bank debt | € 305,819 | € 284,779 | € 263,458 | € 241,830 | ▼ 8% |
| Balance sheet total | € 963,672 | € 905,672 | € 851,729 | € 813,373 | ▼ 5% |
Key figures of 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 31 July 2027.
What happened to VERHULST?
What happened at VERHULST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 27,115. filed late Source: NBB ↗
- New establishment in Evergem. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,984 loss in 2022 to € 27,115 loss in 2025.
Paid € 576 in corporate taxes since 2022.
Paid out € 14,286 in dividends to the owners in total.
Management
Behind VERHULST are ERIC VERHULST, EVELIEN VERHULST and WENDY VERHULST. EVELIEN VERHULST is also behind O MY KOT.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Trilkouter 34 box A
9940 Evergem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0473.349.805
- VAT number
- BE 0473.349.805
- Registered office
- Trilkouter 34 bus A, 9940 Evergem
- Names & denominations
- VERHULST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 November 2000
- Peppol
- Active · Active since 26 Nov 2025