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Verhelst Agri

Active
Public limited companyfounded 1989active for 36 yearsDorpweg 39, 8377 Zuienkerke, BelgiumKBO/BCE: BE 0439.432.071
Summary

Verhelst Agri has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9.5m and a net result of €1.5m. Equity has been growing by about 17% per year since 2018. Its solvency ranks better than 62% of 6,167 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 12-12-1989 Normal situation
Activity
Wholesale of agricultural produce and animal feed, general range NACE 46216and 1 other
Joint committees
119 Paritair Comité voor de handel in voedingswaren
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 30-11-2025
Establishment units
2.046.686.439 8377 Zuienkerke, since 23-01-1990
2.189.277.627 8490 Jabbeke, since 01-08-2010and 11 others
Financial year end
30 November
Peppol
Reachable since 08-12-2025

Board and ownership

Board
  • DLWManaging director · permanent representative Dieter VERHELST
  • Leen HUDDERSManaging director

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 30-11-2025
Turnover
€22.8m
▼ 22.7%
Profit
€1.5m
▲ 17.1%
Equity
€9.5m
▲ 18.8%
Total assets
€16.9m
▲ 16.3%
Employees on 30-11-2025
36
▼ 5.3%
Filed on 01-06-2026, 29 days before the deadline
Score breakdownlowers riskFounded in 1989Profit of €1.5m (financial year 2025)Equity €9.5m (56.4% of total assets)Size: turnover €22.8m, 39.9 FTE, total assets €16.9mShow the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 59% of small companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 81+1
equity 56.4% of total assets
Liquidity 47+5
short-term debt 30.8% · cash 7.9%
Profitability 75+5
return on assets 8.9%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.2% (4,372 companies, NACE 46, small)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: 0.1%▲ +0.1 percentage points vs 05-2025 07-2025: 0.1%● unchanged 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
Credit of up to €900,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.34 (2.13 in 2024), above the usual 1.5. Short-term debt is 30.8% and cash 7.9% of total assets. 43.6% of the assets are financed with debt and provisions.
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, small). It does better than 66% of them on solvency, 56% on liquidity, 72% on profitability and 44% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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Signals

Five signals.
lowers riskneutral
lowers risk · Founded in 1989
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Profit of €1.5m (financial year 2025)
NBB · annual accounts
lowers risk · Equity €9.5m (56.4% of total assets)
NBB · annual accounts
lowers risk · Size: turnover €22.8m, 39.9 FTE, total assets €16.9m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2025 was due by 30-06-2026 and was filed on 01-06-2026, 29 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
29 days early
2024
39 days early
2023
10 days early
2022
36 days early
2021
21 days early
2020
41 days early
2019
41 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 31 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 next financial year closes on 30-11-2026 and is due by 30-06-2027. Nothing is late today. The company usually files around 1 June (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
01-11-2026 today30-11-2026 year end30-06-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Largest employer in Zuienkerkein the Checked rankings No. 1 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €1.5m 8 years View
  • Flemish supportawarded from 2022 to 2025 €168,444 View

Recent changes

  1. · Gazette deed Reappointment: VRC Bedrijfsrevisoren BV (statutory auditor)
  2. · Gazette deed Purpose
  3. · Gazette deed Company renamed from D. VERHELST-COPPENS AGRI to Verhelst AgriPermanent representative: Dieter VERHELST · Reappointments: DLW (director) and Leen HUDDERS (director)
All 17 events

Comparable companies

These companies have the same main activity as Verhelst Agri: wholesale of agricultural produce and animal feed, general range (NACE 46216). They are comparable in size and age: total assets between €12m and €18m, founded between 1989 and 1995.

CompanyTotal assetsTurnover
Verhelst Agri Zuienkerke€16.9m€22.8m
BIO SERVICES INTERNATIONAL Anzegem€13.1m€17.7m
VAN ISRAEL Geraardsbergen€17.9m€23.8m
Limagrain Belgium Kluisbergen€14.1m€26.4m
La Malterie du Château Beloeil€16.4m€26.4m
VDS Deerlijk€16.4m€31.1m
MOULIN GOCHEL Burdinne€12.4m€24.9m
Full comparison

Key facts about Verhelst Agri

What is the company number of Verhelst Agri?
The company number of Verhelst Agri is 0439.432.071. The VAT number is the same number with BE in front: BE 0439.432.071.
Where is Verhelst Agri based?
The registered office is at Dorpweg 39, 8377 Zuienkerke.Company details
What does Verhelst Agri do?
According to the KBO register, the main activity is wholesale of agricultural produce and animal feed, general range (NACE 46216).
What is the legal form of Verhelst Agri?
The legal form of Verhelst Agri is Public limited company (NV).
When was Verhelst Agri founded?
Verhelst Agri was founded on 12-12-1989.
Is Verhelst Agri still active?
Yes, Verhelst Agri is an active enterprise in the KBO register.
How many employees does Verhelst Agri have?
Verhelst Agri had an average of 39.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Verhelst Agri fall under?
In its 30-11-2025 annual accounts, Verhelst Agri states joint committees 119 (Paritair Comité voor de handel in voedingswaren) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of Verhelst Agri?
The turnover of Verhelst Agri was €22.8m in financial year 2025, according to the filed annual accounts.
Is Verhelst Agri profitable?
In financial year 2025, Verhelst Agri made a profit of €1.5m.
Where can I find the annual accounts of Verhelst Agri?
Verhelst Agri filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Verhelst Agri due?
Verhelst Agri must file the annual accounts for financial year 2026 by 30-06-2027.Timeline

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