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VERHELST POPERINGE

Active
Private limited companyfounded 1990active for 36 yearsSappenleenstraat 5, 8970 Poperinge, BelgiumKBO/BCE: BE 0441.690.884
Summary

VERHELST POPERINGE has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €634,700 and a net result of €169,143. Equity is shrinking by about 24% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 58% of 9,723 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Joinery installation
NACE 43320
7th oldest company in Poperinge, Construction sector2 sites
Size
€1.2mtotal assets 2025
Staff
1.6 FTE
Equity
€634,700
Profit
€169,143
Turnover not published (abbreviated format)
Financial health
91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Parent
STM CONSULTING · 100%
  • BOUW BEHEERDirector · permanent representative Pieter De Poorter
  • Groep VerhelstDirector · permanent representative Kathleen Verhelst
Auditor: CALLENS VANDELANOTTEAccounts 11 days early3 of 7 deeds read
Why 91raises riskSector: Specialised construction activities (NACE 43)Liquidity: current ratio 0.50, cash €30,943lowers riskSize: 1.6 FTE, total assets €1.2mFounded in 1990Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 68% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency 76+76
equity 50.8% of total assets
Liquidity 53+41
short-term debt 9.6% · cash 2.5%
Profitability 86+86
return on assets 13.5%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,580 companies, NACE 43, micro)
Last 24 months 11-2024: 1.4% 12-2024: 1.4%● unchanged vs 11-2024 01-2025: 1.4%● unchanged vs 12-2024 02-2025: 1.4%● unchanged vs 01-2025 03-2025: 1.4%● unchanged vs 02-2025 04-2025: 1.4%● unchanged vs 03-2025 05-2025: 1.4%● unchanged vs 04-2025 06-2025: 1.3%▼ -0.1 percentage points vs 05-2025 07-2025: 6.0%▲ +4.7 percentage points vs 06-2025highest value 08-2025: 6.0%● unchanged vs 07-2025highest value 09-2025: 6.0%● unchanged vs 08-2025highest value 10-2025: 6.0%● unchanged vs 09-2025highest value 11-2025: 6.0%● unchanged vs 10-2025highest value 12-2025: 6.0%● unchanged vs 11-2025highest value 01-2026: 6.0%● unchanged vs 12-2025highest value 02-2026: 6.0%● unchanged vs 01-2026highest value 03-2026: 5.9%▼ -0.1 percentage points vs 02-2026 04-2026: 5.9%● unchanged vs 03-2026 05-2026: 5.9%● unchanged vs 04-2026 06-2026: 5.7%▼ -0.2 percentage points vs 05-2026 07-2026: 5.9%▲ +0.2 percentage points vs 06-2026 08-2026: 0.2%▼ -5.7 percentage points vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value
Credit of up to €55,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.5, compared with 0.45 in 2024, below 1; short-term debt: 9.6% and cash: 2.5% of total assets), and 49.2% 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 43, micro): better than 55% on solvency, 48% on liquidity, 70% on profitability and 98% on growth.

The bankruptcy probability was computed on 18-10-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Size: 1.6 FTE, total assets €1.2m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1990
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 0.50, cash €30,943
NBB · annual accounts
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
50 days early
2023
33 days early
2022
31 days early
2021
51 days early
2020
31 days early
2019
29 days early
← 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 34 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% 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 29 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
19-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Back to profitnet €169,143
  3. Equity above €500,000equity €634,700

Key points

  • Positive: Back in profit in 2025after -€255,331 in 2024 €169,143 View
  • Positive: 7th oldest company in Poperinge, Construction sectorin the Checked rankings No. 7 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by STM CONSULTINGultimately: GROEP VERHELST NV 100% View

By topic

Financials

Financial year
2025
Total assets
€1.2m
Profit
€169,143
Solvency
50.8%
Total assets▲ 80.6%
Net result
20182025
Go to Financials

Board & ownership

Board
2 members
Parent
STM CONSULTING · 100%
Auditor
CALLENS VANDELANOTTE
  • BOUW BEHEERDirector
  • Groep VerhelstDirector
Go to Board & ownership

Timeline

Events
42
Since
1992
Next accounts
by 31-07-2027
  1. 31-12-2025Name
  2. 03-10-2025Reappointment: NV Callens Vandelanotte Bedrijfsrevisoren (statutory auditor)
  3. 05-09-2025Resignations: STM CONSULTING (director) and Valerie Debal…
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Joinery installationNACE 43320
Founded
08-10-1990
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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