Equity
-€9,824
Debts exceed assets in financial year 2025.
VERHENNE
Lifetime
20 annual accounts with figures on one time axis, 49 filings since 1977peak €281,861 (2010)
-€6,110▼ €11,801
lowest -€13,758 (2025)
-€13,758▼ €10,693
peak €68,448 (2010)
-€9,824▼ €13,758
€91,875▲ 30.1%
peak 4.2 FTE (2008)
-not published
Board1 name since 1990
1 directorVerhenne Filip
Documentsfilings and deeds
13-08-202613 days late
2025micro format
Gross margin from €5,691 to -€6,110Loss of €13,758Equity from €3,934 to -€9,824Debts from €70,624 to €91,875Cash from €916 to €2,936
Key points
from the 2025 annual accountsLosses
-€47,364 in seven years
Every financial year from 2019 to 2025 closed with a loss. 2025 was the heaviest.
Debts
€91,875 112% of the balance sheet
2025 accounts filed 13 days after the deadlineTurnover not published (micro format)
Checked score
48
Fair
Financially stronger than 5% of micro companies in construction of buildings (NACE 41)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.0% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.5%
01-2025: 1.5%● unchanged vs 12-2024
02-2025: 1.5%● unchanged vs 01-2025
03-2025: 1.5%● unchanged vs 02-2025
04-2025: 1.5%● unchanged vs 03-2025
05-2025: 1.5%● unchanged vs 04-2025
06-2025: 1.5%● unchanged vs 05-2025
07-2025: 1.9%▲ +0.4 percentage points vs 06-2025
08-2025: 2.5%▲ +0.6 percentage points vs 07-2025
09-2025: 1.3%▼ -1.2 percentage points vs 08-2025
10-2025: 1.3%● unchanged vs 09-2025
11-2025: 1.3%● unchanged vs 10-2025
12-2025: 1.3%● unchanged vs 11-2025
01-2026: 1.3%● unchanged vs 12-2025lowest value
02-2026: 1.3%● unchanged vs 01-2026lowest value
03-2026: 1.3%● unchanged vs 02-2026lowest value
04-2026: 1.3%● unchanged vs 03-2026
05-2026: 1.3%● unchanged vs 04-2026
06-2026: 1.3%● unchanged vs 05-2026
07-2026: 1.4%▲ +0.1 percentage points vs 06-2026
08-2026: 2.2%▲ +0.8 percentage points vs 07-2026
09-2026: 2.9%▲ +0.7 percentage points vs 08-2026
10-2026: 3.0%▲ +0.1 percentage points vs 09-2026highest value
11-2026: 3.0%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Sector: Construction of residential and non-residential buildings (NACE 41)
Loss of €13,758, the second in a row (financial year 2025)
Negative equity -€9,824
lowers risk
Size: total assets €82,051
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 41, micro). It does better than 8% of them on solvency, 6% on liquidity, 5% on profitability and 1% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 6,619 companies had the same profile as VERHENNE has now. Each dot stands for 17 companies, two years later.
84.5%
were still trading
10.0%
stopped another way
4.5%
went bankrupt
Another 1.0% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of VERHENNE itself: 3.0% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,619 companies, not a prediction for VERHENNE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.49 (0.48 in 2024), below 1. Short-term debt is 112% and cash 3.6% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€9,824
raises risk · 2025 accounts filed 13 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 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
13 days late
2024
26 days late
2023
20 days late
2022
30 days late
2021
47 days late
2020
38 days late
2019
97 days late
← 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 39 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% 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 26 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0405230762
Reappointment: Verhenne Filip (director)
“Aanneming van metselwerk,timmerwerk,plakwerk,grondwerk,vloeren,dakwerk,kortom alle bouwwerken,alsook alle…” (deed in Dutch) · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 02-11-2023 · Gazette deed
First establishment
VERHENNE BVBA, Peerstalstraat 32, Wingene
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VERHENNE Wingene | €82,051 | -€6,110 | -12.0% | - |
| Société Immobilière et de Construction Wavre | €68,678 | -€1,193 | 53.1% | - |
| VANGANSBEKE Deinze | €77,263 | -€25,815 | 93.4% | - |
| Gebr. Schuermans Duffel | €81,942 | -€2,454 | 78.4% | - |
| Maison Wilkin Saint-Georges-sur-Meuse | €57,073 | -€188 | 91.3% | - |
| Van Eester en zonen Grobbendonk | €78,319 | €1,445 | 95.8% | - |
| Bouwwerken De Keuster Heist-op-den-Berg | €59,594 | -€6,739 | 59.8% | - |
These companies have the same main activity as VERHENNE: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €57,100 and €81,900, founded between 1960 and 1975.
Official details
Source: KBO- Status
- Active since 06-01-1961Normal situation
- Activity
- General construction of residential buildingsNACE 41001
- Establishment unit
- 2.006.259.7108750 Wingene, since 01-01-1961
- Financial year end
- 31 December
- Peppol
- Reachable since 05-10-2025
Insights on VERHENNE
VERHENNE files the micro format. That format states no turnover. The gross margin fell from €209,344 in 2006 to -€6,110 in 2025.
The balance sheet grew most from 2009 to 2010 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about VERHENNE
- What is the company number of VERHENNE?
- The company number of VERHENNE is 0405.230.762. The VAT number is the same number with BE in front: BE 0405.230.762.
- Where is VERHENNE based?
- The registered office is at Peerstalstraat 32, 8750 Wingene.Company details
- What does VERHENNE do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of VERHENNE?
- VERHENNE is a private limited company (BV).
- When was VERHENNE founded?
- VERHENNE was founded on 06-01-1961.
- Is VERHENNE still active?
- Yes, VERHENNE is an active enterprise in the KBO register.
- How many employees does VERHENNE have?
- VERHENNE had an average of 0.3 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
- What is the turnover of VERHENNE?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.
- Is VERHENNE profitable?
- In financial year 2025, VERHENNE made a loss of €13,758.
- Where can I find the annual accounts of VERHENNE?
- VERHENNE filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VERHENNE due?
- VERHENNE 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 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 See which support similar companies received that this one did not.Subsidies
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