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 53 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
@VERHO from Ardooie, company number BE0753652089, closed financial year 2025 with a result of € 246,227 after tax. For that financial year @VERHO recorded a gross margin of € 1.1 million and equity of € 44,440. Compared with financial year 2024, the result moved from € 160,660 to € 246,227. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 31, 2026.
€ 44,440
▲ 58% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 246,227
▲ 53% vs 2024
Profit after tax over the fiscal year.
€ 52,036
▼ 80% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 230,000 paid out
93 % of the profit went to the shareholders, mostly to VERHODEKOR (100 % of the shares). That is where the money ends up.
People and assets in 2025
11.8
▼ 3.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 773,758
▼ 12% vs 2024
€ 65,600 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.
€ 39,510
▲ 5% vs 2024
Of which on lease € 7,670.
Debts at end 2025
€ 219,160
▲ 201% vs 2024
€ 6,268 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 197,355
▼ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 36,666
▼ 78% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 629,560 | € 1,279,631 | € 1,081,634 | € 1,062,522 | ▼ 2% |
| Profit after taxes | € 306,989 | € 302,202 | € 160,660 | € 246,227 | ▲ 53% |
| Equity | € 25,351 | € 27,553 | € 28,213 | € 44,440 | ▲ 58% |
| Total debts | € 1,549,011 | € 1,470,716 | € 1,536,160 | € 1,362,250 | ▼ 11% |
| Cash | € 146,598 | € 93,187 | € 263,094 | € 52,036 | ▼ 80% |
| Land & buildings | - | - | - | € 3,033 | |
| Retained profit | € 10,351 | € 12,553 | € 13,213 | € 29,440 | ▲ 123% |
| Dividend | € 300,000 | € 300,000 | € 160,000 | € 230,000 | ▲ 44% |
| Bank debt | € 70,000 | € 20,826 | € 72,745 | € 219,160 | ▲ 201% |
| Balance sheet total | € 1,574,362 | € 1,498,269 | € 1,564,373 | € 1,406,689 | ▼ 10% |
| Employees (FTE) | - | 15 | 15 | 11.8 | ▼ 3.2 |
Key figures of @VERHO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to @VERHO?
What happened at @VERHO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 246,227 (▲ 53% vs 2024). Source: NBB ↗
- Cocon COMMV became a director. NBB
- New establishment in Roeselare. KBO
- New establishment in Ardooie. KBO
- Verhodekor BV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 306,989 profit in 2022 to € 246,227 profit in 2025.
Paid € 21,822 in corporate taxes since 2022.
Best year ever: 2022, with € 306,989 profit.
On average € 90,000 of value added per employee in 2025.
Management
The stake of VERHODEKOR comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
@VERHOBehind @VERHO are Cocon COMMV and Verhodekor BV. The shares are held by VERHODEKOR (100%).
Directors
According to the 2025 annual accounts
Director · represented by Verlinde Wouter
since 2023
since 2020
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Diksmuidse Boterweg 4 box B
8851 Ardooie
Kachtemsestraat 249
8800 Roeselare
Active since 28 July 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0753.652.089
- VAT number
- BE 0753.652.089
- Registered office
- Diksmuidse Boterweg 4 bus B, 8851 Ardooie
- Names & denominations
- @VERHO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 September 2020
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
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