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VERHELST IMMO BOUW

Active
Public limited companyfounded 2012active for 14 yearsStationsstraat 30, 8460 Oudenburg, BelgiumKBO/BCE: BE 0846.646.385
Summary

VERHELST IMMO BOUW has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €139,670 and a net result of €13,200. Equity has been growing by about 56% per year since 2018. Its solvency ranks better than 15% of 5,796 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

Source: KBO
Status
Active since 14-06-2012 Normal situation
Registered office
17 active companies are registered at this address Source: KBO register, as of 2 November 2026.
Activity
Buying and selling of own real estate NACE 68110and 5 others
Establishment unit
2.210.806.677 8460 Oudenburg, since 14-06-2012
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
  • GROEP VERHELSTManaging director · permanent representative Kathleen Verhelst
  • BOUW BEHEERDirector · since 04-07-2025 · permanent representative Pieter De Poorter
Shareholders

Financial position

84 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Profit
€13,200
▼ 66.2%
Equity
€139,670
▲ 10.4%
Total assets
€10.9m
▲ 34.8%
Score breakdownraises riskLiquidity: current ratio 0.07, cash €4,047, halvedEquity €139,670 (1.3% of total assets)lowers riskSize: total assets €10.9mLegal form: public limited companyShow the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 45% of medium-sized companies in real estate (NACE 68)
Financial strength · tick: 2024
Weak
Solvency 26-1
equity 1.3% of total assets
Liquidity 45-6
short-term debt 17.7% · cash 0.0%
Profitability 43-12
return on assets 0.1%
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 0.1% (1,720 companies, NACE 68, medium-sized)
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 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%▼ -0.1 percentage points vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 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 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.4%▲ +0.2 percentage points vs 07-2026highest value 09-2026: 0.4%● unchanged vs 08-2026highest value 10-2026: 0.4%● unchanged vs 09-2026highest value 11-2026: 0.4%● unchanged vs 10-2026highest value
Credit of up to €11,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.07 (0.32 in 2024), below 1. Short-term debt is 17.7% and cash 0% of total assets. 98.7% 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 68, medium-sized). It does better than 17% of them on solvency, 39% on liquidity, 51% on profitability and 73% on growth.

The bankruptcy probability was computed on 02-11-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.07, cash €4,047, halved
NBB · annual accounts
lowers risk · Size: total assets €10.9m
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 · Equity €139,670 (1.3% of total assets)
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 5796 sector peers (2025).
NBB · sector comparison
Position among 5796 sector peers
Solvency
better than 15%
← weakest strongest →
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
9 days early
2023
30 days late
2022
27 days early
2021
25 days early
2020
17 days early
2019
14 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 10 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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
02-11-2026 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: Lower solvency than 85% of companies in real estatesector median 38.3% · 5,796 companies 1.3% View

Recent changes

  1. · Gazette deed Appointments: NV Groep Verhelst (director) and BV BOUW BEHEER (director)Permanent representatives: Kathleen Verhelst and Pieter De Poorter
  2. · Gazette deed Reappointment: CVBA Vandelanotte Bedrijfsrevisoren (statutory auditor)Permanent representative: Kathleen Verhelst
  3. · Gazette deed Purpose · Amendment of the articles · Miscellaneous
All 19 events

Comparable companies

These companies have the same main activity as VERHELST IMMO BOUW: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €10m and €11m, founded between 2011 and 2013.

CompanyTotal assetsGross margin
VERHELST IMMO BOUW Oudenburg€10.9m-
GRAMINEA Oostende€11.4m-€0.001m
Stedelijk Leven Innovatief Maken Turnhout Turnhout€11.4m-€0.04m
AURA PROJECTS Antwerpen€11.1m€0.9m
V.W.I.C. Antwerpen€10.2m-
VAUBAN Brussel€10.5m€0.5m
SAPI Aalter€10.3m€0.5m
Full comparison

Key facts about VERHELST IMMO BOUW

What is the company number of VERHELST IMMO BOUW?
The company number of VERHELST IMMO BOUW is 0846.646.385. The VAT number is the same number with BE in front: BE 0846.646.385.
Where is VERHELST IMMO BOUW based?
The registered office is at Stationsstraat 30, 8460 Oudenburg.Company details
What does VERHELST IMMO BOUW do?
According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
What is the legal form of VERHELST IMMO BOUW?
The legal form of VERHELST IMMO BOUW is Public limited company (NV).
When was VERHELST IMMO BOUW founded?
VERHELST IMMO BOUW was founded on 14-06-2012.
Is VERHELST IMMO BOUW still active?
Yes, VERHELST IMMO BOUW is an active enterprise in the KBO register.
What is the turnover of VERHELST IMMO BOUW?
The annual accounts for financial year 2025 state no turnover.Financials
Is VERHELST IMMO BOUW profitable?
In financial year 2025, VERHELST IMMO BOUW made a profit of €13,200.
Where can I find the annual accounts of VERHELST IMMO BOUW?
VERHELST IMMO BOUW filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VERHELST IMMO BOUW due?
VERHELST IMMO BOUW must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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