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VERHELST BOUWMATERIALEN

Active
Public limited companyfounded 1960active for 65 yearsStationsstraat 30, 8460 Oudenburg, BelgiumKBO/BCE: BE 0405.301.929

From the official registers: KBO 51 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

VERHELST BOUWMATERIALEN has been active since 1960 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €37.2m and a net result of -€183,793. Equity has been growing by about 3.5% per year since 2018. Its solvency ranks better than 47% of 6,167 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisFollow ReportCompare
VERHELST BOUWMATERIALENActiveChecked score 83/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 14-12-1960 Normal situation
Registered office
17 active companies are registered at this address Source: KBO register, as of 1 November 2026.
Activity
Wholesale of construction materials, general range NACE 46831and 2 others
Establishment units
12 establishment units
Financial year end
31 December
Peppol
Reachable
Company details

Board and ownership

Board
  • GROEP VERHELSTDirector · since 30-06-2021 · permanent representative Kathleen Verhelst
  • Bouw BeheerDirector · since 26-09-2023 · permanent representative Pieter De Poorter
  • SBSDirector · since 26-09-2023 · permanent representative HOUTEKIER Simon Alexander
  • Jonathan De PoorterDirector
Auditor
CALLENS VANDELANOTTE
Shareholders
Holdings
Shares in 3 companies including Construction Brands and VERHELST AFWERKINGSSPECIALIST
Board & ownership

Financial position

83 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Turnover
€123.9m
▲ 5.8%
Loss
€183,793
Equity
€37.2m
▼ 0.5%
Total assets
€87.2m
▲ 10.6%
Staff
280.6 FTE
▲ 3.8%
Filed on 20-07-2026, 11 days before the deadlineat the National Bank
Financials
Score breakdownraises riskLiquidity: current ratio 1.80, cash €164,6091 of the last 3 accounts latelowers riskFounded in 1960Size: turnover €123.9m, 280.6 FTE, total assets €87.2mShow the evidence

Checked score

Score 2025
83 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 44% of large companies in wholesale trade (NACE 46)
Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 68-4
equity 42.6% of total assets
Liquidity 35+2
short-term debt 34.3% · cash 0.2%
Profitability 20-13
return on assets -0.2%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.3% (132 companies, NACE 46, large)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025lowest value 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.5%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 0.4%▼ -0.1 percentage points vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026
Credit of up to €3,050,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.8 (1.65 in 2024), above the usual 1.5. Short-term debt is 34.3% and cash 0.2% of total assets. However, 57.4% 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, large). It does better than 55% of them on solvency, 55% on liquidity, 13% on profitability and 54% on growth.

The bankruptcy probability was computed on 31-10-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.80, cash €164,609
NBB · annual accounts
lowers risk · Founded in 1960
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 · Size: turnover €123.9m, 280.6 FTE, total assets €87.2m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 1 of the last 3 accounts late
NBB · filings
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 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
11 days early
2024
48 days late
2023
on the day
2022
27 days early
2021
25 days early
2020
17 days early
2019
29 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 9 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 20 July (4 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 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2025after a profit of €506,063 in 2024 -€183,793 View
  • Caution: Lower net result than 90% of companies in wholesale tradesector median €112,000 · 6,101 companies -€183,793 View
  • Board changedlatest change 28-07-2026 · 4 in office 1 joined · 2 left View

Companies linked to VERHELST BOUWMATERIALEN

Comparable companies

These companies have the same main activity as VERHELST BOUWMATERIALEN: wholesale of construction materials, general range (NACE 46831). They are comparable in size and age: total assets between €31m and €78m, founded between 1954 and 1994.

CompanyTotal assetsTurnover
VERHELST BOUWMATERIALEN Oudenburg€87.2m€123.9m
Coeck Niel€62.8m€133.2m
BMB BOUWMATERIALEN Antwerpen€57.8m€118.4m
DEFRANCQ BOUWSPECIALITEITEN Roeselare€77.7m€225.6m
BOSS PAINTS Waregem€42.3m€64.5m
Gobert Matériaux Mons€54.8m€136.4m
TEFCO Group Hasselt€30.8m€76.2m
Full comparison

Documents

Annual accounts at the NBB

All 51 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about VERHELST BOUWMATERIALEN
What is the company number of VERHELST BOUWMATERIALEN?
The company number of VERHELST BOUWMATERIALEN is 0405.301.929. The VAT number is the same number with BE in front: BE 0405.301.929.
Where is VERHELST BOUWMATERIALEN based?
The registered office is at Stationsstraat 30, 8460 Oudenburg.Company details
What does VERHELST BOUWMATERIALEN do?
According to the KBO register, the main activity is wholesale of construction materials, general range (NACE 46831).
What is the legal form of VERHELST BOUWMATERIALEN?
The legal form of VERHELST BOUWMATERIALEN is Public limited company (NV).
When was VERHELST BOUWMATERIALEN founded?
VERHELST BOUWMATERIALEN was founded on 14-12-1960.
Is VERHELST BOUWMATERIALEN still active?
Yes, VERHELST BOUWMATERIALEN is an active enterprise in the KBO register.
How many employees does VERHELST BOUWMATERIALEN have?
VERHELST BOUWMATERIALEN had an average of 280.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of VERHELST BOUWMATERIALEN?
The turnover of VERHELST BOUWMATERIALEN was €123.9m in financial year 2025, according to the filed annual accounts.
Is VERHELST BOUWMATERIALEN profitable?
In financial year 2025, VERHELST BOUWMATERIALEN made a loss of €183,793.
Where can I find the annual accounts of VERHELST BOUWMATERIALEN?
VERHELST BOUWMATERIALEN filed 51 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of VERHELST BOUWMATERIALEN due?
VERHELST BOUWMATERIALEN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check

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