BANVERCO

Active

Public limited companyfounded 1963active for 63 yearsTorhoutsesteenweg 605, 8400 Oostende, BelgiumKBO/BCE: BE 0405.302.028

Summary

BANVERCO has been active since 1963 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.5m and a net result of €41,156. Equity remains stable across the filed financial years (±1.8% per year). Its solvency ranks better than 82% of 9,811 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow Report Compare

BANVERCOActiveChecked score 96/100

Risk analysis Report Compare

Activity

Wholesale of motor vehicle parts and accessories

NACE 46720

Oldest company in Ostend, Wholesale and retail trade sector1 site

Size

≈ €4.0mturnover 2025, estimated

Staff: 12.1 FTE
Equity: €1.5m
Profit: €41,156

Turnover estimated from the gross margin

Financial health

96 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: < 0.1%

Structure

Bernard VerhelstDirector
Filip VerhelstManaging director
Yvan VerhelstDirector

2025 accounts 41 days early1 of 6 deeds summarised

Why 96raises riskSize: 12.1 FTE, total assets €2.0mlowers riskLiquidity: current ratio 7.39, cash €431,934Founded in 1963Equity €1.5m (77.8% of total assets)Show the evidence

Checked score

Score 2025

96 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 67% of its sector peers (NACE 46, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 100=

equity 77.8% of total assets

Liquidity 77-2

short-term debt 9.8% · cash 21.9%

Profitability 68-5

return on assets 2.1%

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.2% (4,376 companies, NACE 46, small)

Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026highest value 05-2026: < 0.1%● unchanged vs 04-2026highest value 06-2026: < 0.1%● unchanged vs 05-2026highest value 07-2026: < 0.1%● unchanged vs 06-2026highest value 08-2026: < 0.1%● unchanged vs 07-2026highest value 09-2026: < 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%● unchanged vs 09-2026highest value

Credit of up to €140,000 on 30-day terms is acceptable

Liquidity ample (current ratio 7.39, compared with 7.33 in 2024, above the usual 1.5; short-term debt: 9.8% and cash: 21.9% of total assets), and 22.2% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, small): better than 92% on solvency, 91% on liquidity, 57% on profitability and 30% on growth.

The bankruptcy probability was computed on 31-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises riskneutral

Liquidity: current ratio 7.39, cash €431,934

NBB · annual accounts

Founded in 1963

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Equity €1.5m (77.8% of total assets)

NBB · annual accounts

Size: 12.1 FTE, total assets €2.0m

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 20-03-2026, 41 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

41 days early

2024

58 days early

2023

26 days early

2022

39 days early

2021

38 days early

2020

42 days early

2019

44 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 41 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 22 March (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

30-09-2026 year end31-10-2026 today30-04-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

26-05-2026 Reappointments: Filip Verhelst, Yvan Verhelst and…Gazette deed
20-03-2026 Annual accounts filedfinancial year 2025 · abbreviated…
03-03-2025 Annual accounts filedfinancial year 2024 · abbreviated…

Key points

Positive: Oldest company in Ostend, Wholesale and retail trade sectorin the Checked rankings No. 1 View
Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Active since 1963founded 12-01-1963 63 years View
New directorlatest change 06-03-2026 · 3 in office 1 joined View

By topic

Financials

Financial year: 2025
Total assets: €2.0m
Profit: €41,156
Solvency: 77.8%

Total assets▼ 0.3%

Net result

20192025

Go to Financials

Board & ownership

Board: 3 members

Bernard VerhelstDirector
Filip VerhelstManaging director
Yvan VerhelstDirector

Go to Board & ownership

Timeline

Events: 51
Since: 1978
Next accounts: by 30-04-2027

04-04-2024Annual accounts filed
30-09-2023Back to profit
22-03-2023Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Wholesale of motor vehicle parts and accessoriesNACE 46720
Founded: 12-01-1963
Year ends: 30-09
Peppol: Reachable for e-invoices

Go to Company details

Key facts about BANVERCO

What is the company number of BANVERCO?: 0405.302.028. In Belgium the VAT number is the company number with BE in front: BE 0405.302.028.
Where is BANVERCO based?: The registered office is at Torhoutsesteenweg 605, 8400 Oostende.Company details
What does BANVERCO do?: According to the KBO register, the main activity is wholesale of motor vehicle parts and accessories (NACE 46720).
What is the legal form of BANVERCO?: Public limited company (NV).
When was BANVERCO founded?: On 12-01-1963.
Is BANVERCO still active?: Yes, BANVERCO is an active enterprise in the KBO register.
How many employees does BANVERCO have?: On average 12.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of BANVERCO?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is BANVERCO profitable?: In financial year 2025, BANVERCO made a profit of €41,156.
Where can I find the annual accounts of BANVERCO?: BANVERCO filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BANVERCO due?: By 30-04-2027, for financial year 2026.Timeline