Turnover
≈ €130,000 estimated
The abbreviated format states no turnover.
VERHELST
Lifetime
18 annual accounts with figures on one time axis, 33 filings since 1993peak €20,828 (2016)
€12,598▲ 33.9%
lowest -€6,609 (2023)
€10,816▲ 77.9%
peak €80,009 (2025)
€80,009▲ 15.6%
€117,874▲ 0.7%
Board3 names since 2019
3 directors and 2 others
Documentsfilings and deeds
29-08-202629 days late
2025abbreviated format
Gross margin from €9,407 to €12,598Result from €6,079 to €10,816Reappointments: (chair of the board) and (director) 25-07Equity from €69,193 to €80,009
Key points
from the 2025 annual accountsFilings
33 annual accounts since 1993
Ten of the last ten came late. The 2021 accounts came latest: 259 days after the end of the period.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 31,356 companies had the same profile as VERHELST has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 31,356 companies, not a prediction for VERHELST. 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
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0449775637
Reappointments: (chair of the board) and (director)
General meeting of 11-06-2025 · Gazette deed
Amendment of the articles · Resignations & appointments
Change of role: , from director to managing director · Resignation: (director) · Reappointments: (director) and (director) · General meeting of 28-12-2023 · Gazette deed
1 director appointed, 2 reappointments
Reappointments: and · Appointment: (chair of the board) · General meeting of 29-01-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VERHELST Bruges | €197,883 | €12,598 | 40.4% | - |
| NIROY Kapelle-op-den-Bos | €187,606 | €12,159 | -33.4% | - |
| SCHRIJNWERKERIJ GOOSSENS-PAUWELS Willebroek | €183,012 | €13,911 | 60.2% | - |
| MENUISERIE MARC HARY Seraing | €180,741 | €14,290 | 91.4% | - |
| MERTENS Grimbergen | €168,940 | €11,416 | 95.5% | - |
| LEBRUN Soignies | €192,128 | €10,005 | 29.9% | - |
| C.C. CHASSIS Lobbes | €180,156 | €16,224 | 79.3% | - |
These companies have the same main activity as VERHELST: joinery installation (NACE 43320). They are comparable in size and age: total assets between €169,000 and €192,000, founded between 1989 and 1996.
Official details
Source: KBO- Status
- Active since 29-03-1993Normal situation
- Activity
- Joinery installationNACE 43320
- Establishment unit
- 2.062.267.5108000 Bruges, since 27-05-1993
- Financial year end
- 31 December
- Peppol
- Reachable since 29-12-2025
Insights on VERHELST
VERHELST files the abbreviated format. That format states no turnover. The gross margin rose from €9,309 in 2008 to €12,598 in 2025.
In January 2024, the Official Gazette published the appointment of as managing director.
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 VERHELST
- What is the company number of VERHELST?
- The company number of VERHELST is 0449.775.637. The VAT number is the same number with BE in front: BE 0449.775.637.
- Where is VERHELST based?
- The registered office is at Kleine Monnikenwerve 4, 8000 Bruges.Company details
- What does VERHELST do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of VERHELST?
- VERHELST is a public limited company (NV).
- When was VERHELST founded?
- VERHELST was founded on 29-03-1993.
- Is VERHELST still active?
- Yes, VERHELST is an active enterprise in the KBO register.
- What is the turnover of VERHELST?
- The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €12,598 and 84 comparable companies (NACE 43320). It probably lies between €73,000 and €250,000. It is a rough estimate.Financials
- Is VERHELST profitable?
- In financial year 2025, VERHELST made a profit of €10,816.
- Where can I find the annual accounts of VERHELST?
- VERHELST filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VERHELST due?
- VERHELST must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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