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Firma Verhelst

Active
Private limited companyfounded 1976active for 50 yearsVichtseweg 122, 8790 Waregem, BelgiumKBO/BCE: BE 0416.594.709
Summary

Firma Verhelst has been active since 1976 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €386,301 and a net result of €43,625. Equity has been growing by about 7.8% per year since 2018. Its solvency ranks better than 83% of 13,716 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 24-06-1976 Normal situation
Activity
Wholesale of agricultural produce and animal feed, general range NACE 46216
Establishment unit
2.013.301.613 8790 Waregem, since 01-03-1977
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board

Financial position

98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€79,877
▲ 294%
Turnover
≈ €420,000
estimated
Profit
€43,625
▲ 20×
Equity
€386,301
▲ 12.7%
Total assets
€476,584
▲ 8.7%
Filed on 30-06-2026, 31 days before the deadline
Score breakdownraises riskSector: Wholesale trade (NACE 46)lowers riskLiquidity: current ratio 5.52, cash €348,389Equity €386,301 (81.1% of total assets)Founded in 1976Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 81% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 81.1% of total assets
Liquidity 95+2
short-term debt 17.4% · cash 73.1%
Profitability 80+11
return on assets 9.2%
Bankruptcy probability within 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 0.4% (26,899 companies, NACE 46, micro)
Last 24 months 12-2024: < 0.1%highest value 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 03-2025 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 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.52 (4.53 in 2024), above the usual 1.5. Short-term debt is 17.4% and cash 73.1% of total assets. 18.9% 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 46, micro). It does better than 90% of them on solvency, 93% on liquidity, 73% on profitability and 68% 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

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 5.52, cash €348,389
NBB · annual accounts
lowers risk · Equity €386,301 (81.1% of total assets)
NBB · annual accounts
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: Wholesale trade (NACE 46)
KBO
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 days early
2024
94 days early
2023
64 days early
2022
47 days early
2021
25 days early
2020
36 days early
2019
32 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 47 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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 14 June (4 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
02-11-2026 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: More equity than 89% of companies in wholesale tradesector median €56,539 · 13,746 companies €386,301 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Recent changes

  1. · Gazette deed Reappointment: Verhelst Geert (director)
All 13 events

Comparable companies

These companies have the same main activity as Firma Verhelst: wholesale of agricultural produce and animal feed, general range (NACE 46216). They are comparable in size and age: total assets between €376,000 and €656,000, founded between 1968 and 1981.

CompanyTotal assetsGross margin
Firma Verhelst Waregem€476,584€79,877
CLEEREN Alken€586,276€71,589
GROENSERVICE HOOGHE Waregem€514,012€132,359
Van den Kerchove Aalter€376,103€73,115
PYPE Moorslede€656,156€66,530
Dumon Brugge€425,141€45,422
J.M.C. Herve€649,213€135,727
Full comparison

Key facts about Firma Verhelst

What is the company number of Firma Verhelst?
The company number of Firma Verhelst is 0416.594.709. The VAT number is the same number with BE in front: BE 0416.594.709.
Where is Firma Verhelst based?
The registered office is at Vichtseweg 122, 8790 Waregem.Company details
What does Firma Verhelst do?
According to the KBO register, the main activity is wholesale of agricultural produce and animal feed, general range (NACE 46216).
What is the legal form of Firma Verhelst?
The legal form of Firma Verhelst is Private limited company (BV).
When was Firma Verhelst founded?
Firma Verhelst was founded on 24-06-1976.
Is Firma Verhelst still active?
Yes, Firma Verhelst is an active enterprise in the KBO register.
What is the turnover of Firma Verhelst?
The turnover in financial year 2025 is ≈ €420,000. This figure is estimated from the gross margin of €79,877 and 109 comparable companies (NACE 46). It probably lies between €210,000 and €740,000.Financials
Is Firma Verhelst profitable?
In financial year 2025, Firma Verhelst made a profit of €43,625.
Where can I find the annual accounts of Firma Verhelst?
Firma Verhelst filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Firma Verhelst due?
Firma Verhelst must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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