Financials
Financial year 2025
PAUL VERHELST from Oostende, company number BE0824520784, closed financial year 2025 with a result of € -159,278 after tax. For that financial year PAUL VERHELST recorded a gross margin of € 224,201 and equity of € 8.6 million. Compared with financial year 2024, the result moved from € 1.2 million to € -159,278. 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 24, 2026.
€ 8.6 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -159,278
▼ still € 1.2 million profit in 2024
Profit after tax over the fiscal year.
€ 147,889
▲ 150% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 4.2 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 93,572
€ 8,830 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 17,518
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 264,000 | € 264,000 | - | - | |
| Gross margin | - | - | € 230,927 | € 224,201 | ▼ 3% |
| Profit after taxes | € 1,033,463 | € 2,229,982 | € 1,219,605 | € -159,278 | ▼ € 1.4 million |
| Equity | € 7,814,780 | € 9,044,762 | € 8,714,366 | € 8,555,089 | ▼ 2% |
| Total debts | € 849,324 | € 12,438 | € 513,318 | € 576,090 | ▲ 12% |
| Cash | € 300,864 | € 413,041 | € 59,217 | € 147,889 | ▲ 150% |
| Land & buildings | € 3,591,980 | € 3,303,611 | € 3,139,876 | € 2,924,882 | ▼ 7% |
| Retained profit | € 2,858,453 | € 4,723,642 | € 4,393,247 | € 4,233,969 | ▼ 4% |
| Dividend | € 403,680 | € 364,793 | € 1,550,000 | € 0 | ▼ 100% |
| Bank debt | € 0 | € 0 | € 0 | € 93,572 | |
| Balance sheet total | € 8,664,103 | € 9,057,200 | € 9,227,685 | € 9,131,179 | ▼ 1% |
Key figures of PAUL VERHELST, 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 PAUL VERHELST?
What happened at PAUL VERHELST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 159,278 (▼ € 1.4 million vs 2024). Source: NBB ↗
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 1 million profit in 2022 to € 159,278 loss in 2025.
Paid € 106,841 in corporate taxes since 2022.
Best year ever: 2023, with € 2.2 million profit.
Paid out € 2.3 million in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of DEMEYAN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PAUL VERHELSTBehind PAUL VERHELST is DEMEYAN BV. The shares are held by DEMEYAN (100%). It owns 36.6% of Garage-carrosserie Siegfried De Mey & Zonen itself.
Directors
According to the 2025 annual accounts
Director · represented by Anthony De Mey
Also active at: Garage - Carrosserie Siegfried De Mey & Zonen, ETABLISSEMENTEN VERHELST, Lucanin, LOWANIN, De Mey Rent
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Joseph Plateaustraat 1
8400 Oostende
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0824.520.784
- VAT number
- BE 0824.520.784
- Registered office
- Joseph Plateaustraat 1, 8400 Oostende
- Names & denominations
- PAUL VERHELST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 March 2010
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
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