GUY VERHEYEN
ActiveGUY VERHEYEN has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €351k and a net result of €14k. Equity is growing by ~8% per year across the filed fiscal years. Its solvency ranks better than 23% of 7757 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability57▼-1
Solvency47▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity short (current ratio 0.7 against 0.71 in 2024; short-term debt: 50.7% and cash: 2.6% of total assets), and 77.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
22.3%
Return on assets
0.9%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 7757 sector peers (2025).
NBB · sector comparisonPosition among 7757 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
1 d late
2023
30 d late
2022
32 d late
2021
25 d late
2020
52 d early
2019
89 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€351k▲ 4.2%
2024 · €337k
2018: €142k
2019: €198k
2020: €271k
2021: €297k
2022: €318k
2023: €324k
2024: €337k
2018 → 2025
Total assets
€1.57M▼ 11.5%
2024 · €1.78M
2018: €1.34M
2019: €2.01M
2020: €1.05M
2021: €1.13M
2022: €1.25M
2023: €2.10M
2024: €1.78M
2018 → 2025
Net result
€14k▲ 10.4%
2024 · €13k
2018: €3k
2019: €56k
2020: €73k
2021: €27k
2022: €64k
2023: €7k
2024: €13k
2018 → 2025
Working capital
€-237k▲ 10.7%
2024 · €-266k
2018: €-80k
2019: €845k
2020: €19k
2021: €-14k
2022: €21k
2023: €-330k
2024: €-266k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€297k-€318k▲ 6.8%€324k▲ 2.1%€337k▲ 4.0%€351k▲ 4.2%
Operating result€48k-€90k▲ 87.7%€33k▼ 63.7%€63k▲ 93.7%€65k▲ 2.7%
Net result€27k-€64k▲ 135%€7k▼ 89.1%€13k▲ 84.6%€14k▲ 10.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 3% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.57M
Fixed assets
€1.01M▼ 10.8%
Current assets
€559k▼ 12.7%
Equity and liabilities €1.57M
Equity
€351k▲ 4.2%
Provisions
€26k=
Debt
€1.20M▼ 15.4%
The debt ratio falls from 79.6% to 76.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€239k▼
2024 · €261k
Cash flow
€188k▼
2024 · €210k
Solvency
22.3%▲
2024 · 19.0%
Current ratio
0.70▼
2024 · 0.71
Quick ratio
0.51▲
2024 · 0.39
Debt / equity
3.41▼
2024 · 4.20
ROE
4.0%▲
2024 · 3.8%
ROA
0.9%▲
2024 · 0.7%
Interest coverage
4.49▼
2024 · 4.57
Debt
€1.20M▼
2024 · €1.41M
Debt ≤ 1 year
€797k▼
2024 · €906k
Debt > 1 year
€399k▼
2024 · €507k
Income taxes
€7k▲
2024 · €40
Staff costs
€681k▲
2024 · €643k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.78M€1.57M▼
Fixed assets21/28€1.14M€1.01M▼
Tangible fixed assets22/27€1.13M€1.01M▼
Land and buildings22€862k€776k▼
Plant, machinery and equipment23€187k€136k▼
Furniture and vehicles24€82k€96k▲
Financial fixed assets28€5k€5k▲
Current assets29/58€641k€559k▼
Stocks and contracts in progress3€286k€151k▼
Stocks30/36€66k€51k▼
Contracts in progress37€220k€100k▼
Amounts receivable within one year40/41€229k€352k▲
Trade receivables40€173k€274k▲
Other amounts receivable41€56k€78k▲
Cash at bank and in hand54/58€118k€40k▼
Deferred charges and accrued income490/1€7k€15k▲
Equity and liabilities
Total equity and liabilities10/49€1.78M€1.57M▼
Equity10/15€337k€351k▲
Contributions10/11€19k€19k=
Reserves13€207k€207k=
Distributable reserves133€207k€207k=
Profit (loss) carried forward14€111k€126k▲
Provisions and deferred taxes16€26k€26k=
Provisions for liabilities and charges160/5€26k€26k=
Pensions and similar obligations160€26k€26k=
Amounts payable17/49€1.41M€1.20M▼
Amounts payable after more than one year17€507k€399k▼
Financial debts170/4€507k€399k▼
Amounts payable within one year42/48€906k€797k▼
Current portion of amounts payable after more than one year42€130k€140k▲
Financial debts43€400k€150k▼
Credit institutions430/8€400k€150k▼
Trade debts44€76k€133k▲
Suppliers440/4€76k€133k▲
Advances received on contracts in progress46€17k€181k▲
Taxes, remuneration and social security45€11k€26k▲
Taxes450/3€39€7k▲
Remuneration and social security454/9€11k€19k▲
Other amounts payable47/48€273k€167k▼
Accrued charges and deferred income492/3€0€735▲
Income statement
Code20242025
Non-recurring operating income76A-€2k
Remuneration, social security and pensions62€643k€681k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€197k€174k▼
Other operating charges640/8€11k€11k▼
Gross operating margin9900€915k€930k▲
Operating profit (loss)9901€63k€65k▲
Financial income75/76B€6k€9k▲
Recurring financial income75€6k€9k▲
Financial charges65/66B€57k€53k▼
Recurring financial charges65€57k€53k▼
Profit (loss) for the period before taxes9903€13k€21k▲
Income taxes67/77€40€7k▲
Profit (loss) for the period9904€13k€14k▲
Profit (loss) for the period to be appropriated9905€13k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€111k€126k▲
Profit (loss) brought forward from the previous period14P€99k€111k▲
Transfer to equity691/2€0-
To other reserves6921€0-
Social balance
Average headcount (FTE)90878.58.8▲
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
01-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 1 day late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 32 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 25 days late
2021
09-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €73k ▲29%
Operating result €113k, net result €73k, both a record.
31-12
Financial
Equity above €200kEq €271k ▲36.5%
3 profitable years in a row build equity to €271k.
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 89 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 2.90
Current ratio from 0.87 to 2.90; short-term debt falls from €597k to €445k.
31-12
Financial
Equity above €150kEq €198k ▲39.4%
2 profitable years in a row build equity to €198k.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brecht · 1 establishment unit since 2004
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kraaienhorst 12960 BrechtGround area
403 m²
Building footprint
218 m²
Volume, LiDAR
936 m³
Parcel 11043D0652/00C000, Flanders · tallest building 10.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
GUY VERHEYEN
since 20042.136.312.063
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11043D0652/00C000 | Flanders | 403 m² | 1 · 218 m² | 10.2 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 1,251 EUR awarded · 1,251 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 446 EUR | 446 EUR |
| 2023 | 1 | 236 EUR | 527 EUR |
| 2022 | 1 | 569 EUR | 278 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
1 categoryGUY VERHEYEN BV32949
Similar companies · same sector, comparable size
Menuiserie GOEBELS et Fils
BE 0452.612.094
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MENUISERIE DAMS
BE 0507.694.238
Thimister-Clermont · Eq €351k
Milano Designs
BE 0658.772.827
Herselt · Eq €351k
MAATSTAFF
BE 0807.486.693
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MD CONCEPT HOME
BE 0877.852.671
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Of 20,026 companies in sector 43320 we hold annual accounts for 9,136. 6,626 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-03-2004
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
45421
16230Manufacture of other builders' carpentry and joinery
20301
31001Manufacture of furniture
31002Manufacture of furniture
36122
36130
43211General electrical installation work
43221Plumbing work
43350Other building finishing work
46190Agents in non-specialised wholesale trade
64200Holdings
64210Activities of holding companies
74104Other professional, scientific and technical activities
74130Interior design
74151
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.