Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 24 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VERHELST ENGINEERING from Wielsbeke, company number BE0846329156, closed financial year 2025 with a result of € 31,791 after tax. For that financial year VERHELST ENGINEERING recorded a gross margin of € 139,774 and equity of € 331,231. Compared with financial year 2024, the result moved from € 50,703 to € 31,791. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 17, 2025.
€ 331,231
▼ 32% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 31,791
▼ 37% vs 2024
Profit after tax over the fiscal year.
€ 114,657
▼ 17% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 186,979 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 17,290
▲ 105% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 428,138
▼ 17% vs 2024
€ 80,739 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 4,690
▲ € 3,737 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,520
▼ 54% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 217,801 | € 136,996 | € 158,324 | € 139,774 | ▼ 12% |
| Profit after taxes | € 97,051 | € 28,078 | € 50,703 | € 31,791 | ▼ 37% |
| Equity | € 534,384 | € 524,333 | € 486,419 | € 331,231 | ▼ 32% |
| Total debts | € 854,472 | € 819,993 | € 798,786 | € 892,492 | ▲ 12% |
| Cash | € 124,891 | € 101,029 | € 138,908 | € 114,657 | ▼ 17% |
| Land & buildings | € 1,200,482 | € 1,162,290 | € 1,116,163 | € 1,072,263 | ▼ 4% |
| Retained profit | € 528,184 | € 518,133 | € 480,219 | € 325,031 | ▼ 32% |
| Dividend | € 0 | € 38,129 | € 88,616 | € 186,979 | ▲ 111% |
| Bank debt | € 712,410 | € 623,956 | € 517,980 | € 428,138 | ▼ 17% |
| Balance sheet total | € 1,388,856 | € 1,344,326 | € 1,285,205 | € 1,223,724 | ▼ 5% |
Key figures of VERHELST ENGINEERING, 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 January 2027.
What happened to VERHELST ENGINEERING?
What happened at VERHELST ENGINEERING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 31,791 (▼ 37% vs 2024). Source: NBB ↗
- Verhelst Building BV became a director. NBB
- Emi Verstraete became a director. NBB
- New establishment in Wielsbeke. KBO
- Wim Verhelst became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 97,051 profit in 2022 to € 31,791 profit in 2025.
Paid € 121,284 in corporate taxes since 2022.
Best year ever: 2022, with € 97,051 profit.
Paid out € 313,724 in dividends to the owners in total.
Management
Behind VERHELST ENGINEERING are Verhelst Building BV, Emi Verstraete and Wim Verhelst.
Directors
According to the 2025 annual accounts
Director · represented by Tom Verhelst
since 2018
Emi Verstraete
Director
since 2013
Wim Verhelst
Director
since 2012
Establishments
Establishment units
Physical locations of this company
Moerdijkstraat(S.B.V.) 5
8710 Wielsbeke
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
- 0846.329.156
- VAT number
- BE 0846.329.156
- Registered office
- Moerdijkstraat(S.B.V.) 5, 8710 Wielsbeke
- Names & denominations
- VERHELST ENGINEERING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 May 2012
- Peppol
- Active · Active since 9 Feb 2026
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