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VERHELLE

Active Private limited companyfounded 2019active for 7 yearsMuizelaarstraat 19, 8740 PittemKBO/BCE: BE 0730.733.266

Lifetime

6 annual accounts with figures on one time axis
peak €73,231 (2020)
€15,540▼ 18.6%
peak €48,816 (2020)
€286▼ 78.5%
peak €74,929 (2025)
€74,929▲ 0.4%
€273,510▲ 54.2%
Board3 names since 2019
3 directorsVAN VYNCKT Julie Lidy and 2 others
Documentsfilings and deeds
30-01-20261 day before the deadline
2025micro format
Gross margin from €19,092 to €15,540Result from €1,331 to €286Debts from €177,353 to €273,510Cash from €48,155 to €133,779

Key points

from the 2025 annual accounts

Equity

€74,929 ▲ 0.4%

VERHELLE has made a profit in every financial year since 2020.

Debts

€273,510 78% of the balance sheet
Suppliers 100%Taxes and wages 0%

Filings

6 annual accounts since 2020
deadline202020222024

The last five annual accounts were filed 0 to 4 days before the end of the period.

Checked score

83
Excellent
Financially stronger than 40% of micro companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.5% 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.6%▲ +0.1 percentage points vs 01-2025highest value 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.5%▼ -0.1 percentage points vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.6%▲ +0.1 percentage points vs 09-2025 11-2025: 0.5%▼ -0.1 percentage points vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.6%▲ +0.1 percentage points vs 12-2025 02-2026: 0.3%▼ -0.3 percentage points vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026lowest value 08-2026: 0.3%● unchanged vs 07-2026lowest value 09-2026: 0.3%● unchanged vs 08-2026lowest value 10-2026: 0.4%▲ +0.1 percentage points vs 09-2026 11-2026: 0.4%● unchanged vs 10-2026

Financial strength
Weak

47-8equity 21.5% of total assets
55+19short-term debt 78.5% · cash 38.4%
29-2return on assets 0.1%

Score breakdown

raises risk
Founded in 2019
Equity €74,929 (21.5% of total assets)
Sector: Wholesale trade (NACE 46)
lowers risk
Liquidity: current ratio 1.25, cash €133,779
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 33% of them on solvency, 61% on liquidity, 26% on profitability and 42% on growth.

The bankruptcy probability was computed on 09-11-2026 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 30-06-2025.

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, 3,274 companies had the same profile as VERHELLE has now. Each dot stands for 9 companies, two years later.

94.7%
were still trading
2.5%
stopped another way
2.5%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of VERHELLE itself is lower: 0.4% within 12 months. It rests on far more data about VERHELLE than the profile alone.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3,274 companies, not a prediction for VERHELLE. 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 €6,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.25 (1.37 in 2024), below the usual 1.5. Short-term debt is 78.5% and cash 38.4% of total assets. 78.5% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.25, cash €133,779
NBB · annual accounts
raises risk · Founded in 2019
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Equity €74,929 (21.5% of total assets)
NBB · annual accounts
raises risk · Sector: Wholesale trade (NACE 46)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
1 day early
2024
4 days early
2023
1 day early
2022
4 days early
2021
on the day
2020
2 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 2 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 financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 30 January (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
30-06-2026 year end10-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

  • VERHELLE Steven Roland Dirk 10 sharesdeed of 18-07-2019
  • VERHELLE Simon Andy Chris 10 sharesdeed of 18-07-2019
  • VAN VYNCKT Julie Lidy 10 sharesdeed of 18-07-2019
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0730733266
Incorporation Founders: VERHELLE Steven Roland Dirk, VERHELLE Simon Andy Chris and VAN VYNCKT Julie Lidy · 30 shares · Appointments: VERHELLE Steven Roland Dirk, VERHELLE Simon Andy Chris and VAN VYNCKT Julie Lidy · published on 18-07-2019 · Gazette deed
First establishment Muizelaarstraat 19, Pittem
All 10 events

Comparable companies

same main activity, similar in size and age
Company
VERHELLE Pittem €348,439 €15,540 21.5% -
TDK Grond & Groen Herent €266,928 €15,757 2.2% -
vima Lokeren €287,674 €8,012 3.6% -
PHILENCO Antwerp €623,644 €25,765 62.4% -
PERSPECTIVE by MONSIEUR F Antwerp €203,028 €28,728 49.8% -
DELACROIX Wavre €303,617 €27,241 -14.0% -
BOOMKWEKERIJ ROELS Laarne €250,525 €45,799 85.0% -

These companies have the same main activity as VERHELLE: wholesale trade (NACE 46220). They are comparable in size and age: total assets between €203,000 and €624,000, founded between 2015 and 2021.

Official details

Source: KBO
Status
Active since 16-07-2019Normal situation
Activity
Wholesale tradeNACE 46220
Establishment unit
2.292.255.1048740 Pittem, since 16-07-2019
Financial year end
30 June
Peppol
Reachable since 12-09-2025
Company details

Annual accounts to 30-06-2025

≈ €200,000estimated
€348,439▲ 38.3%
Filing
Filed on 30-01-2026, 1 day before the end of the filing period
Financials

Insights on VERHELLE

VERHELLE files the micro format. That format states no turnover. The gross margin fell from €73,231 in 2020 to €15,540 in 2025.

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 VERHELLE

What is the company number of VERHELLE?
The company number of VERHELLE is 0730.733.266. The VAT number is the same number with BE in front: BE 0730.733.266.
Where is VERHELLE based?
The registered office is at Muizelaarstraat 19, 8740 Pittem.Company details
What does VERHELLE do?
According to the KBO register, the main activity is wholesale trade (NACE 46220).
What is the legal form of VERHELLE?
VERHELLE is a private limited company (BV).
When was VERHELLE founded?
VERHELLE was founded on 16-07-2019.
Is VERHELLE still active?
Yes, VERHELLE is an active enterprise in the KBO register.
What is the turnover of VERHELLE?
The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €15,540 and 211 comparable companies (NACE 46). It probably lies between €94,000 and €490,000. It is a rough estimate.Financials
Is VERHELLE profitable?
In financial year 2025, VERHELLE made a profit of €286.
Where can I find the annual accounts of VERHELLE?
VERHELLE filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VERHELLE due?
VERHELLE must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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