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ASFALTWERKEN VANHERLE

Active
Public limited companyfounded 1976active for 50 yearsEuropaweg 27A, 3560 Lummen, BelgiumKBO/BCE: BE 0416.240.559

From the official registers: KBO 50 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

ASFALTWERKEN VANHERLE has been active since 1976 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €578,793 and a net result of €498,693. Equity has been shrinking by about 3.2% per year since 2018. Its solvency ranks better than 63% of 2,445 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

KBO
Status
Active since 18-06-1976 Normal situation
Activity
Roofing work NACE 43410and 2 others
Establishment unit
2.012.396.147 3560 Lummen, since 01-01-1976
Financial year end
31 December
Peppol
Reachable since 26-11-2025

Board and ownership

Board
  • Tector bvDirector · since 10-12-2021
  • Vanherle BennyDirector · since 10-12-2021
  • Wilci bvDirector · since 09-05-2025 · permanent representative Kris Willems

Financial position

93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€1.3m
▲ 16.2%
Turnover
≈ €3.6m
estimated
Profit
€498,693
▲ 37.6%
Equity
€578,793
▲ 9.2%
Total assets
€1.1m
▲ 9.8%
Employees on 31-12-2025
14
▼ 6.7%
Filed on 19-05-2026, 77 days before the deadline
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskFounded in 1976Profit of €498,693 (financial year 2025)Equity €578,793 (52.1% of total assets)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 68% of small companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 77=
equity 52.1% of total assets
Liquidity 41+2
short-term debt 45.3% · cash 10.5%
Profitability 100=
return on assets 44.9%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,649 companies, NACE 43, small)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025lowest value 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.2%▲ +0.1 percentage points vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026highest value 06-2026: 0.1%▼ -0.1 percentage points vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €50,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.12 (2.2 in 2024), above the usual 1.5. Short-term debt is 45.3% and cash 10.5% of total assets. 47.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, small). It does better than 70% of them on solvency, 43% on liquidity, 98% on profitability and 60% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Founded in 1976
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Profit of €498,693 (financial year 2025)
NBB · annual accounts
lowers risk · Equity €578,793 (52.1% of total assets)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €578,793
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-05-2026, 77 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
77 days early
2024
69 days early
2023
75 days early
2022
57 days early
2021
57 days early
2020
57 days early
2019
56 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 64 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 May (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 85% of companies in specialised constructionsector median €42,866 · 2,446 companies €498,693 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: Result rose in 2025from €362,429 to €498,693 ▲ 37.6% View
  • Positive: 5 profitable years in a rowprofit 2025: €498,693 5 years View

Comparable companies

These companies have the same main activity as ASFALTWERKEN VANHERLE: roofing work (NACE 43410). They are comparable in size and age: total assets between €1.1m and €1.4m, founded between 1969 and 1985.

CompanyTotal assetsGross margin
ASFALTWERKEN VANHERLE Lummen€1.1m€1.3m
DAKWERKEN COSTERMANS Essen€1.1m€0.9m
TIELTSE DAKWERKEN Tielt€1.3m€1.1m
HEYLEN DOMIN Westerlo€1.2m€1.0m
DEVABO Waregem€1.4m€1.0m
ENTREPRISE DE TOITURE D.I.M. Elsene€1.3m€0.9m
ETABLISSEMENT NULENS Tongeren-Borgloon€1.2m€0.8m
Full comparison

Documents

Annual accounts at the NBB

All 50 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about ASFALTWERKEN VANHERLE

What is the company number of ASFALTWERKEN VANHERLE?
The company number of ASFALTWERKEN VANHERLE is 0416.240.559. The VAT number is the same number with BE in front: BE 0416.240.559.
Where is ASFALTWERKEN VANHERLE based?
The registered office is at Europaweg 27A, 3560 Lummen.Company details
What does ASFALTWERKEN VANHERLE do?
According to the KBO register, the main activity is roofing work (NACE 43410).
What is the legal form of ASFALTWERKEN VANHERLE?
The legal form of ASFALTWERKEN VANHERLE is Public limited company (NV).
When was ASFALTWERKEN VANHERLE founded?
ASFALTWERKEN VANHERLE was founded on 18-06-1976.
Is ASFALTWERKEN VANHERLE still active?
Yes, ASFALTWERKEN VANHERLE is an active enterprise in the KBO register.
How many employees does ASFALTWERKEN VANHERLE have?
ASFALTWERKEN VANHERLE had an average of 13.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of ASFALTWERKEN VANHERLE?
The turnover in financial year 2025 is ≈ €3.6m. This figure is estimated from the gross margin of €1.3m and 68 comparable companies (NACE 43). It probably lies between €2.8m and €4.8m.
Is ASFALTWERKEN VANHERLE profitable?
In financial year 2025, ASFALTWERKEN VANHERLE made a profit of €498,693.
Where can I find the annual accounts of ASFALTWERKEN VANHERLE?
ASFALTWERKEN VANHERLE filed 50 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of ASFALTWERKEN VANHERLE due?
ASFALTWERKEN VANHERLE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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