Equity
€706,680 ▼ 36.6%
VERHAERT GENT paid out €790,142 in dividends. That is 207% of the 2025 profit.
VERHAERT GENT
Lifetime
19 annual accounts with figures on one time axispeak €5.9m (2023)
€5.7m▼ 2.5%
peak €862,161 (2021)
€382,627▲ 82.6%
peak €1.7m (2023)
€706,680▼ 36.6%
€1.6m▼ 22.6%
peak 62 FTE (2024)
57.3 FTE▼ 7.6%
Board4 names since 2021
1 directorP.O. Management
Owners
consolidatesVERHAERT NEW-PRODUCTS & SERVICES
Documentsfilings and deeds
25-06-202636 days before the deadline
2025abbreviated format
Result from €209,561 to €382,627Dividend €790,142Equity from €1.1m to €706,680Debts from €2.1m to €1.6mCash from €1.3m to €508,564
Key points
from the 2025 annual accountsResult
€382,627 ▲ 82.6%
The result rose in 2025 from €209,561 to €382,627.
Staff
59 employees on 31-12-2025
In 2025, 13 people joined and 13 left.
Filings
19 annual accounts since 2007
The last five annual accounts were filed 16 to 52 days before the end of the period.
Restructuring
2023
Merger with THE ENGINEERING NETWORK. Merger on 30-11-2023.
Position in the sector
€382,627
Higher net result than 92% of companies in architecture and engineering. Sector median €26,976 · 2,564 companies.
Checked score
94
Excellent
Financially stronger than 50% of medium-sized companies in architecture and engineering (NACE 71)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 166 companies (NACE 71, medium-sized).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%lowest value
01-2025: < 0.1%● unchanged vs 12-2024lowest value
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%▲ +0.1 percentage points 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 05-2026highest value
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
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 1.65, cash €508,564, halved
Profit of €382,627 (financial year 2025)
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Figures for financial year 2025 (filed on 25-06-2026)
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 71, medium-sized). It does better than 44% of them on solvency, 54% on liquidity, 92% on profitability and 11% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 1,579 companies had the same profile as VERHAERT GENT has now. Each dot stands for 4 companies, two years later.
96.6%
were still trading
3.2%
stopped another way
0.1%
went bankrupt
That fits the bankruptcy probability of VERHAERT GENT itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,579 companies, not a prediction for VERHAERT GENT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €65,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.65 (1.57 in 2024), above the usual 1.5. Short-term debt is 59.5% and cash 22% of total assets. However, 69.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 25-06-2026, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
36 days early
2024
16 days early
2023
42 days early
2022
39 days early
2021
52 days early
2020
58 days early
2019
53 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 42 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% 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 22 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- VERHAERT NEW-PRODUCTS & SERVICES 100%score 95equity €25.5m (2025) · 2025 annual accounts of VERHAERT NEW-PRODUCTS & SERVICES
- Verhaert New-Products & Services NV consolidatesannual accounts 2025
Recent changes
Appointment: Loes Verheyden (director)
Permanent representative: Koen Verhaert · General meeting of 19-06-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0879539679
Merger: VERHAERT GENT takes over THE ENGINEERING NETWORK
Dissolution of the company · Dissolved without liquidation · Issue of 2,827 shares · General meeting of 29-09-2023 · Gazette deed
Merger proposal: VERHAERT GENT takes over THE ENGINEERING NETWORK
Permanent representative: Koen Verhaert · VERHAERT NEWPRODUCTS EN SERVICES holds all the shares · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VERHAERT GENT Ghent | €2.3m | €5.7m | 30.6% | 57.3 |
| YITCH Bornem | €2.6m | €4.8m | 19.0% | 50 |
| STUDIEBUREAU JONCKHEERE Bruges | €3.6m | €5.1m | 38.7% | 54.2 |
| UNIVERSOIL Woluwe-Saint-Pierre | €3.9m | €5.6m | 28.5% | 44.9 |
| VeroTech Leuven | €3.9m | €5.1m | 56.6% | 65 |
| ARIES CONSULTANTS Wavre | €1.9m | €3.3m | 15.9% | 45.8 |
| HYDROscan Leuven | €3.3m | €4.0m | 38.5% | 36.4 |
These companies have the same main activity as VERHAERT GENT: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €1.9m and €3.9m, founded between 1999 and 2010.
Official details
Source: KBO- Status
- Active since 22-02-2006Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121and 5 others
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.151.922.6309050 Ghent, since 28-02-2006
- Financial year end
- 31 December
- Peppol
- Reachable since 02-12-2025
Annual accounts 2025
- ≈ €9.7mestimated
- €2.3m▼ 27.5%
- Employeeson 31-12-2025
- 59▼ 1.7%
- Filing
- Filed on 25-06-2026, 36 days before the end of the filing period
Insights on VERHAERT GENT
VERHAERT GENT files the abbreviated format. That format states no turnover. The gross margin rose from €48,063 in 2007 to €5.7m in 2025.
VERHAERT NEW-PRODUCTS & SERVICES holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about VERHAERT GENT
- What is the company number of VERHAERT GENT?
- The company number of VERHAERT GENT is 0879.539.679. The VAT number is the same number with BE in front: BE 0879.539.679.
- Where is VERHAERT GENT based?
- The registered office is at Bruiloftstraat 55-57, 9050 Ghent.Company details
- What does VERHAERT GENT do?
- According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
- What is the legal form of VERHAERT GENT?
- VERHAERT GENT is a private limited company (BV).
- When was VERHAERT GENT founded?
- VERHAERT GENT was founded on 22-02-2006.
- Is VERHAERT GENT still active?
- Yes, VERHAERT GENT is an active enterprise in the KBO register.
- How many employees does VERHAERT GENT have?
- VERHAERT GENT had an average of 57.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does VERHAERT GENT fall under?
- In its 2025 annual accounts, VERHAERT GENT states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of VERHAERT GENT?
- The turnover in financial year 2025 is ≈ €9.7m. This figure is estimated from the gross margin of €5.7m and 1,585 comparable companies of the same size. It probably lies between €6.6m and €16.0m. It is a rough estimate.
- Is VERHAERT GENT profitable?
- In financial year 2025, VERHAERT GENT made a profit of €382,627.
- Where can I find the annual accounts of VERHAERT GENT?
- VERHAERT GENT filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VERHAERT GENT due?
- VERHAERT GENT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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