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 14 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VERHEYEN ESTATES from Waasmunster, company number BE0863636629, closed financial year 2025 with a result of € -410,060 after tax. For that financial year VERHEYEN ESTATES recorded a gross margin of € -62,074 and equity of € 3.9 million. Compared with financial year 2024, the result moved from € 33,502 to € -410,060. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on February 20, 2026.
€ 3.9 million
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -410,060
▼ still € 33,502 profit in 2024
Profit after tax over the fiscal year.
€ 260,661
▼ 58% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.2 million.
People and assets in 2025
2.2
▼ 2.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 156,160
▼ 45% vs 2024
€ 71,000 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.
€ 18,188
▼ 48% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 9.3 million
▲ 65% vs 2024
€ 21,142 is repaid this year. At this pace the long-term loan is gone in ≈ 336 years.
€ 65,402
▼ 50% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,707
▼ 87% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,126,674 | € 1,421,459 | € 577,558 | € -62,074 | ▼ € 639,632 |
| Profit after taxes | € 561,582 | € 686,068 | € 33,502 | € -410,060 | ▼ € 443,562 |
| Equity | € 1,901,583 | € 2,587,650 | € 4,349,593 | € 3,939,533 | ▼ 9% |
| Total debts | € 5,643,641 | € 5,666,389 | € 5,836,284 | € 9,374,726 | ▲ 61% |
| Cash | € 2,613,876 | € 1,382,805 | € 615,689 | € 260,661 | ▼ 58% |
| Land & buildings | € 1,327,202 | € 1,290,591 | € 3,268,000 | € 3,161,686 | ▼ 3% |
| Retained profit | € 1,840,083 | € 2,526,150 | € 2,559,652 | € 2,224,030 | ▼ 13% |
| Bank debt | € 4,568,407 | € 4,682,222 | € 5,620,165 | € 9,276,748 | ▲ 65% |
| Balance sheet total | € 7,545,224 | € 8,254,039 | € 10,185,877 | € 13,314,260 | ▲ 31% |
| Employees (FTE) | - | 2.5 | 4.3 | 2.2 | ▼ 2.1 |
Key figures of VERHEYEN ESTATES, 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 VERHEYEN ESTATES?
What happened at VERHEYEN ESTATES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Mieke Delaruelle stepped down as director. NBB
- Filip Verheyen stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 410,060 (▼ € 443,562 vs 2024). Source: NBB ↗
- Mieke Delaruelle became a director. NBB
- Filip Verheyen became a director. NBB
- New establishment in Waasmunster. KBO
- Start of the company according to the CBE. KBO
In short
From € 561,582 profit in 2022 to € 410,060 loss in 2025.
Paid € 515,298 in corporate taxes since 2022.
Best year ever: 2023, with € 686,068 profit.
On average € 134,300 of value added per employee in 2024.
Management
It owns 99% of FMT Invest itself.
Directors
According to the 2025 annual accounts
since 2023 · until 2029
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Oudeheerweg-Heide 40
9250 Waasmunster
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
DNS
Cloudflare DNS
Website info
Features
Security
Details
- Company number
- 0863.636.629
- VAT number
- BE 0863.636.629
- Registered office
- Oudeheerweg-Heide 40, 9250 Waasmunster
- Names & denominations
- VERHEYEN ESTATES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 February 2004
- Peppol
- Active · Active since 10 Dec 2025
- Contact
- sylvestris.be
- Activities · NACE
Algemene bouw van residentiële gebouwen
Ontwikkeling van residentiële bouwprojecten
Projectontwikkeling voor woningbouw
Metselwerk
Schrijnwerk
Algemene elektrotechnische installatiewerken
Slopen
Handel in eigen onroerend goed
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