Financials
- Financial year
- 2025
- Total assets
- €777,568
- Loss
- -€99,740
- Solvency
- 11.2%
Total assets▼ 4.9%
Net result
20192025
Verhelst MVC
ActiveSummary
The computed 12-month bankruptcy probability of Verhelst MVC is 3.3% (moderate). The annual accounts of Verhelst MVC for financial year 2025 show a net loss of 53% of the equity at the start of that year. The 2025 annual accounts show equity of €87,097 and a net result of -€99,740. Equity remains stable across the filed financial years (±2.2% per year). Its solvency ranks better than 11% of 1,234 sector peers (NACE 25, financial year 2025). The company has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Manufacture of metal structures and parts of structures
NACE 25110Manufacture of machinery and equipment not elsewhere classified NACE 28250
1 site
Size
€777,568total assets 2025
- Staff
- 12.3 FTE
- Equity
- €87,097
- Loss
- -€99,740
Turnover not published (abbreviated format)
Structure
- VERHELST DIRKDirector
Accounts filed 27 days late1 of 2 deeds read
Why 47raises riskLoss of €99,740 (financial year 2025)Equity €87,097 (11.2% of total assets)Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)Size: 12.3 FTE, total assets €777,568Show the evidence
Checked score
Score 2025
47
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 5% of its sector peers (NACE 25, small)
Financial strength · tick = 2024
Weak
Solvency
36-12
equity 11.2% of total assets
Liquidity
4-9
short-term debt 88.2% · cash 2.1%
Profitability
3-51
return on assets -12.8%
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.3%
12-2024: 1.2%▼ -0.1 percentage points vs 11-2024
01-2025: 1.4%▲ +0.2 percentage points vs 12-2024
02-2025: 1.8%▲ +0.4 percentage points vs 01-2025
03-2025: 1.0%▼ -0.8 percentage points vs 02-2025lowest value
04-2025: 1.0%● unchanged vs 03-2025lowest value
05-2025: 1.0%● unchanged vs 04-2025lowest value
06-2025: 1.0%● unchanged vs 05-2025lowest value
07-2025: 1.0%● unchanged vs 06-2025lowest value
08-2025: 1.0%● unchanged vs 07-2025lowest value
09-2025: 1.0%● unchanged vs 08-2025lowest value
10-2025: 1.0%● unchanged vs 09-2025
11-2025: 1.0%● unchanged vs 10-2025
12-2025: 1.0%● unchanged vs 11-2025
01-2026: 1.3%▲ +0.3 percentage points vs 12-2025
02-2026: 1.8%▲ +0.5 percentage points vs 01-2026
03-2026: 2.3%▲ +0.5 percentage points vs 02-2026
04-2026: 3.3%▲ +1.0 percentage point vs 03-2026highest value
05-2026: 3.3%● unchanged vs 04-2026highest value
06-2026: 3.3%● unchanged vs 05-2026highest value
07-2026: 3.3%● unchanged vs 06-2026highest value
08-2026: 3.3%● unchanged vs 07-2026highest value
09-2026: 3.3%● unchanged vs 08-2026highest value
10-2026: 3.3%● unchanged vs 09-2026
Credit of up to €4,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.09, compared with 1.22 in 2024, below the usual 1.5; short-term debt: 88.2% and cash: 2.1% of total assets), and 88.8% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 25, small): better than 9% on solvency, 2% on liquidity, 5% on profitability and 5% on growth.
The bankruptcy probability was computed on 21-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
raises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 1234 sector peers (2025).
NBB · sector comparisonPosition among 1234 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-02-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
27 days late
2024
28 days late
2023
1 day late
2022
on the day
2021
18 days late
2020
15 days late
2019
10 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 14 days after the deadline; the sector median (NACE 25) for financial year 2024 is 8 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 18 February (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end22-10-2026 today31-01-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · abbreviated…
- Back to profitnet €16,031
Key points
By topic
Board & ownership
- Board
- 1 member
- VERHELST DIRKDirector
Timeline
- Events
- 26
- Since
- 2007
- Next accounts
- by 31-01-2027
- 01-02-2024Annual accounts filed
- 15-01-2024Resignation: VERHELST DIRK (director)
- 30-06-2023Weakest financial year
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Manufacture of metal structures and parts of structuresNACE 25110
- Founded
- 22-02-2005
- Year ends
- 30-06
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 24
- Annual meeting
- First Monday of December at 11:00
- Purpose
- “De aankoop,de verkoop,het vervaardigen,het plaatsen,het bouwen,het huren en verhuren,het…” (deed in Dutch)
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