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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Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 24 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VERHELST HORECA GROUP from Ieper, company number BE0799633653, closed financial year 2025 with a result of € 7,101 after tax. For that financial year VERHELST HORECA GROUP recorded a gross margin of € 50,898 and equity of € -19,172. Compared with financial year 2024, the result moved from € -51,273 to € 7,101. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 5, 2026.
€ -19,172
▲ € 7,101 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7,101
▲ still € 51,273 loss in 2024
Profit after tax over the fiscal year.
€ 12,675
▲ € 12,604 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 € -44,172.
People and assets in 2025
€ 42
▼ € 10,178 vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 20,321
▲ 16% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 278,478
▼ 5% vs 2024
€ 17,239 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 15,250
▲ 129% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,856
▲ € 2,631 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 12,906 | € 50,898 | ▲ 294% |
| Profit after taxes | € -51,273 | € 7,101 | ▲ € 58,374 |
| Equity | € -26,273 | € -19,172 | ▲ € 7,101 |
| Total debts | € 453,587 | € 488,937 | ▲ 8% |
| Cash | € 70 | € 12,675 | ▲ € 12,604 |
| Land & buildings | € 384,988 | € 380,037 | ▼ 1% |
| Retained profit | € -51,273 | € -44,172 | ▲ € 7,101 |
| Bank debt | € 293,065 | € 278,478 | ▼ 5% |
| Balance sheet total | € 427,314 | € 469,765 | ▲ 10% |
Key figures of VERHELST HORECA GROUP, fiscal years 2024 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 VERHELST HORECA GROUP?
What happened at VERHELST HORECA 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 € 7,101. filed late Source: NBB ↗
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
In short
From € 51,273 loss in 2024 to € 7,101 profit in 2025.
Best year ever: 2025, with € 7,101 profit.
Management
Behind VERHELST HORECA GROUP is Mathias Koen Verhelst. Mathias Koen Verhelst is also behind VERHELST FRITESSTORES and 3xC.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Dikkebusseweg 338
8908 Ieper
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0799.633.653
- VAT number
- BE 0799.633.653
- Registered office
- Dikkebusseweg 338, 8908 Ieper
- Names & denominations
- VERHELST HORECA GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 March 2023
- Peppol
- Active · Active since 27 Jan 2026
- Activities · NACE
Activiteiten van holdings
Holdings
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