VERHELST
ActiveVERHELST has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €273k and a net result of €193k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 65% of 912 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency80=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 2.42 against 2.84 in 2024; short-term debt: 39.5% and cash: 17.1% of total assets), and 45.4% 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
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
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
54.6%
Return on assets
38.6%
Age of the figures
9 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
21 d early
2023
15 d early
2022
7 d early
2021
3 d early
2020
30 d late
2019
27 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€193k▼ 1.8%
2024 · €196k
2018: €18k
2019: €8k
2020: €14k
2021: €-47k
2022: €70k
2023: €112k
2024: €196k
2018 → 2025
Working capital
€280k▼ 12.6%
2024 · €321k
2018: €9k
2019: €12k
2020: €26k
2021: €28k
2022: €96k
2023: €201k
2024: €321k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€10k-€80k▲ 704%€193k▲ 140%€277k▲ 43.5%€273k▼ 1.3%
Operating result€-42k-€95k€156k▲ 64.0%€235k▲ 51.3%€202k▼ 14.2%
Net result€-47k-€70k€112k▲ 59.7%€196k▲ 74.6%€193k▼ 1.8%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 14% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €500k
Fixed assets
€22k▲ 216%
Current assets
€478k▼ 3.5%
Equity and liabilities €500k
Equity
€273k▼ 1.3%
Provisions
€29k▼ 27.8%
Debt
€198k▲ 6.8%
The debt ratio rises from 36.9% to 39.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€212k▼
2024 · €243k
Cash flow
€203k▼
2024 · €204k
Solvency
54.6%▼
2024 · 55.1%
Current ratio
2.42▼
2024 · 2.84
Quick ratio
2.39▼
2024 · 2.81
Debt / equity
0.72▲
2024 · 0.67
ROE
70.6%▼
2024 · 70.9%
ROA
38.6%▼
2024 · 39.1%
Interest coverage
39.51▼
2024 · 49.93
Debt
€198k▲
2024 · €185k
Debt ≤ 1 year
€198k▲
2024 · €175k
Debt > 1 year
€0▼
2024 · €10k
Income taxes
€6k▼
2024 · €34k
Staff costs
€74k▲
2024 · €11k
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€502k€500k▼
Fixed assets21/28€7k€22k▲
Intangible fixed assets21€5k€3k▼
Tangible fixed assets22/27€3k€19k▲
Furniture and vehicles24€3k€19k▲
Current assets29/58€495k€478k▼
Stocks and contracts in progress3€5k€6k▲
Stocks30/36€5k€6k▲
Amounts receivable within one year40/41€217k€379k▲
Trade receivables40€11k€12k▲
Other amounts receivable41€207k€367k▲
Cash at bank and in hand54/58€271k€86k▼
Deferred charges and accrued income490/1€2k€7k▲
Equity and liabilities
Total equity and liabilities10/49€502k€500k▼
Equity10/15€277k€273k▼
Contributions10/11€19k€19k=
Reserves13€62k€62k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€62k€62k=
Profit (loss) carried forward14€196k€193k▼
Provisions and deferred taxes16€40k€29k▼
Provisions for liabilities and charges160/5€40k€29k▼
Major repairs and maintenance162€40k€29k▼
Amounts payable17/49€185k€198k▲
Amounts payable after more than one year17€10k€0▼
Financial debts170/4€10k€0▼
Amounts payable within one year42/48€175k€198k▲
Current portion of amounts payable after more than one year42€10k€10k▲
Trade debts44€109k€122k▲
Suppliers440/4€109k€122k▲
Advances received on contracts in progress46€599€922▲
Taxes, remuneration and social security45€55k€64k▲
Taxes450/3€41k€40k▼
Remuneration and social security454/9€14k€24k▲
Accrued charges and deferred income492/3€663€425▼
Income statement
Code20242025
Remuneration, social security and pensions62€11k€74k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€10k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€40k€0▼
Other operating charges640/8€6k€8k▲
Gross operating margin9900€300k€294k▼
Operating profit (loss)9901€235k€202k▼
Financial income75/76B-€2k
Recurring financial income75-€2k
Financial charges65/66B€5k€5k▲
Recurring financial charges65€5k€5k▲
Profit (loss) for the period before taxes9903€230k€199k▼
Income taxes67/77€34k€6k▼
Profit (loss) for the period9904€196k€193k▼
Profit (loss) for the period to be appropriated9905€196k€193k▼
Appropriation of the result
Profit (loss) to be appropriated9906€196k€193k▼
Social balance
Average headcount (FTE)90871.03.0▲
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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €196k ▲74.6%
Operating result €235k, net result €196k, both a record.
31-12
Financial
Equity above €200kEq €277k ▲43.5%
3 profitable years in a row build equity to €277k.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150kEq €193k ▲140%
2 profitable years in a row build equity to €193k.
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €70k
Net result €70k after one loss-making year.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-47k ▼423%
Net result drops to €-47k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Ukkel · 1 establishment unit since 1998
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.
Vanderkinderestraat 4421180 UkkelGround area
396 m²
Building footprint
396 m²
Volume, LiDAR
2,525 m³
Parcel 21612C0001/00Z043, Brussels · tallest building 12.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VERHELST
since 19982.087.177.605
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0001/00Z043 | Brussels | 396 m² | 1 · 396 m² | 12.8 m · 2 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.
Similar companies · same sector, comparable size
HORIZON
BE 0429.849.263
Antwerpen · Eq €274k
A.V.L. VAN LAER
BE 0451.848.368
Zandhoven · Eq €272k
B & S LEASE
BE 0722.933.476
Boutersem · Eq €275k
Res Q
BE 0844.367.083
Geel · Eq €276k
VERHUUR VIAENE
BE 0429.416.327
Torhout · Eq €277k
Of 1,443 companies in sector 77110 we hold annual accounts for 727. 455 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-05-1998
Fiscal year end31-12
Activities, NACEBEL
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
50200
71100
77110Renting and leasing of cars and light motor vehicles
68203Renting and operating of own or leased non-residential real estate, excluding land
70203
Sources
Crossroads Bank for EnterprisesNational Bank · 28 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.