VERHEYDEN TECHNICS
ActiveSummary
VERHEYDEN TECHNICS has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €146k and a net result of €2k. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 56% of 2056 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability39▼-4
Solvency72▲+6
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 1.84 against 1.66 in 2024; short-term debt: 52.6% and cash: 6.8% of total assets), but 52.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
47.4%
Return on assets
0.7%
Age of the figures
9 mo
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
7 d early
2023
20 d early
2022
28 d late
2021
31 d late
2020
2 d early
2019
50 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€565k
EBIT margin
2.8%
Net result
€2k▼ 72.2%
2024 · €8k
2018: €12khighest in 8 years
2019: €1k▼ -91.1% vs 2018lowest in 8 years
2020: €2k▲ +134% vs 2019
2021: €5k▲ +109% vs 2020
2022: €1k▼ -75.3% vs 2021
2023: €4k▲ +239% vs 2022
2024: €8k▲ +77.4% vs 2023
2025: €2k▼ -72.2% vs 2024
2018 → 2025
Working capital
€136k▲ 1.6%
2024 · €133k
2018: €59klowest in 8 years
2019: €61k▲ +2.7% vs 2018
2020: €64k▲ +5.0% vs 2019
2021: €66k▲ +3.5% vs 2020
2022: €68k▲ +1.9% vs 2021
2023: €72k▲ +6.5% vs 2022
2024: €133k▲ +85.4% vs 2023
2025: €136k▲ +1.6% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€130k-€131k▲ 1.0%€136k▲ 3.3%€143k▲ 5.7%€146k▲ 1.5%
2021: €130klowest in 5 years
2022: €131k▲ +1.0% vs 2021
2023: €136k▲ +3.3% vs 2022
2024: €143k▲ +5.7% vs 2023
2025: €146k▲ +1.5% vs 2024highest in 5 years
Operating result€598-€1k▲ 80.0%€6k▲ 452%€12k▲ 99.8%€5k▼ 59.4%
2021: €598lowest in 5 years
2022: €1k▲ +80.0% vs 2021
2023: €6k▲ +452% vs 2022
2024: €12k▲ +99.8% vs 2023highest in 5 years
2025: €5k▼ -59.4% vs 2024
Net result€5k-€1k▼ 75.3%€4k▲ 239%€8k▲ 77.4%€2k▼ 72.2%
2021: €5k
2022: €1k▼ -75.3% vs 2021lowest in 5 years
2023: €4k▲ +239% vs 2022
2024: €8k▲ +77.4% vs 2023highest in 5 years
2025: €2k▼ -72.2% vs 2024
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 59% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €307k
Fixed assets
€10k =
Current assets
€297k ▼ 11.9%
Equity and liabilities €307k
Equity
€146k ▲ 1.5%
Debt
€161k ▼ 20.7%
Debt's share of the balance-sheet total falls from 58.7% to 52.6%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
1.84▲
2024 · 1.66
Quick ratio
1.59▲
2024 · 1.44
Debt to equity
1.11▼
2024 · 1.42
ROE
1.5%▼
2024 · 5.4%
ROA
0.7%▼
2024 · 2.2%
Debt ≤ 1 year
€161k▼
2024 · €204k
Income taxes
€3k▼
2024 · €5k
Staff costs
€107k▼
2024 · €127k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€347k€307k▼
Fixed assets21/28€10k€10k=
Financial fixed assets28€10k€10k=
Current assets29/58€337k€297k▼
Stocks and contracts in progress3€45k€40k▼
Stocks30/36€45k€40k▼
Amounts receivable within one year40/41€195k€236k▲
Trade receivables40€182k€226k▲
Other amounts receivable41€12k€10k▼
Cash at bank and in hand54/58€97k€21k▼
Deferred charges and accrued income490/1€964-
Equity and liabilities
Total equity and liabilities10/49€347k€307k▼
Equity10/15€143k€146k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€63k€65k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€57k€59k▲
Profit (loss) carried forward14€18k€18k=
Amounts payable17/49€204k€161k▼
Amounts payable within one year42/48€204k€161k▼
Trade debts44€198k€157k▼
Suppliers440/4€198k€157k▼
Taxes, remuneration and social security45€5k€4k▼
Taxes450/3€5k€3k▼
Remuneration and social security454/9€145€1k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Remuneration, social security and pensions62€127k€107k▼
Other operating charges640/8€590€607▲
Gross operating margin9900€140k€113k▼
Operating profit (loss)9901€12k€5k▼
Financial income75/76B€786€0▼
Recurring financial income75€786€0▼
Financial charges65/66B€19€11▼
Recurring financial charges65€19€11▼
Profit (loss) for the period before taxes9903€13k€5k▼
Income taxes67/77€5k€3k▼
Profit (loss) for the period9904€8k€2k▼
Profit (loss) for the period to be appropriated9905€8k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€26k€20k▼
Profit (loss) brought forward from the previous period14P€18k€18k=
Transfer to equity691/2€8k€2k▼
To other reserves6921€8k€2k▼
Social balance
Average headcount (FTE)90872.82.8=
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €178k | €164k | €188k | €127k | €107k | ▼ 15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €29 | - | - | - | - | - |
| Other operating charges640/8 | €191 | €192 | €506 | €590 | €607 | ▲ 2.9% |
| Gross operating margin9900 | €179k | €165k | €194k | €140k | €113k | ▼ 19.3% |
| Operating profit (loss)9901 | €598 | €1k | €6k | €12k | €5k | ▼ 59.4% |
| Financial income75/76B | €8k | €3k | €3k | €786 | €0 | ▼ 100.0% |
| Recurring financial income75 | €8k | €3k | €3k | €786 | €0 | ▼ 100.0% |
| Financial charges65/66B | €226 | €171 | €183 | €19 | €11 | ▼ 42.7% |
| Recurring financial charges65 | €226 | €171 | €183 | €19 | €11 | ▼ 42.7% |
| Profit (loss) for the period before taxes9903 | €8k | €4k | €9k | €13k | €5k | ▼ 61.9% |
| Income taxes67/77 | €3k | €3k | €4k | €5k | €3k | ▼ 45.7% |
| Profit (loss) for the period9904 | €5k | €1k | €4k | €8k | €2k | ▼ 72.2% |
| Profit (loss) for the period to be appropriated9905 | €5k | €1k | €4k | €8k | €2k | ▼ 72.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €471k | €465k | €474k | €347k | €307k | ▼ 11.5% |
| Fixed assets21/28 | €64k | €64k | €64k | €10k | €10k | = |
| Financial fixed assets28 | €64k | €64k | €64k | €10k | €10k | = |
| Current assets29/58 | €407k | €402k | €410k | €337k | €297k | ▼ 11.9% |
| Stocks and contracts in progress3 | €117k | €117k | €129k | €45k | €40k | ▼ 10.5% |
| Stocks30/36 | €117k | €117k | €129k | €45k | €40k | ▼ 10.5% |
| Amounts receivable within one year40/41 | €249k | €257k | €220k | €195k | €236k | ▲ 21.1% |
| Trade receivables40 | €240k | €236k | €156k | €182k | €226k | ▲ 24.1% |
| Other amounts receivable41 | €9k | €21k | €63k | €12k | €10k | ▼ 23.1% |
| Cash at bank and in hand54/58 | €37k | €27k | €61k | €97k | €21k | ▼ 78.3% |
| Deferred charges and accrued income490/1 | €4k | - | - | €964 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €471k | €465k | €474k | €347k | €307k | ▼ 11.5% |
| Equity10/15 | €130k | €131k | €136k | €143k | €146k | ▲ 1.5% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | €62k | €62k | €62k | €62k | €62k | = |
| Issued capital100 | €62k | €62k | €62k | €62k | €62k | = |
| Reserves13 | €50k | €51k | €55k | €63k | €65k | ▲ 3.4% |
| Non-distributable reserves130/1 | €6k | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | €6k | €6k | €6k | €6k | €6k | = |
| Distributable reserves133 | €44k | €45k | €49k | €57k | €59k | ▲ 3.8% |
| Profit (loss) carried forward14 | €18k | €18k | €18k | €18k | €18k | = |
| Amounts payable17/49 | €341k | €334k | €338k | €204k | €161k | ▼ 20.7% |
| Amounts payable within one year42/48 | €341k | €334k | €338k | €204k | €161k | ▼ 20.7% |
| Financial debts43 | - | €4k | - | - | - | - |
| Credit institutions430/8 | - | €4k | - | - | - | - |
| Trade debts44 | €320k | €319k | €321k | €198k | €157k | ▼ 20.7% |
| Suppliers440/4 | €320k | €319k | €321k | €198k | €157k | ▼ 20.7% |
| Taxes, remuneration and social security45 | €17k | €8k | €17k | €5k | €4k | ▼ 23.2% |
| Taxes450/3 | €12k | €6k | €10k | €5k | €3k | ▼ 41.0% |
| Remuneration and social security454/9 | €5k | €2k | €6k | €145 | €1k | ▲ 603% |
| Other amounts payable47/48 | €4k | €3k | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5k | €1k | €4k | €8k | €2k | ▼ 72.2% |
| + Depreciation and write-downs630 | €29 | - | - | - | - | - |
| Operating cash flow (approximation) | €5k | €1k | €4k | €8k | €2k | ▼ 72.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €54k | €0 | ▼ 100% |
| Change in cash | - | €-11k | €34k | €35k | €-76k | ▼ 314% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 28 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
19-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 50 days late
2019
31-12
Financial
Weakest financial yearnet €1k ▼91.1%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
14-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 14 days late
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Essen · 1 establishment unit since 2004
Ground area
1,318 m²
Building footprint
366 m²
Volume, LiDAR
1,798 m³
Parcel 11642D0244/00G002, Flanders · tallest building 15.6 m, ±2 floors. Linked by address, not a title deed.
9
companies at this address
See who is registered here
1 establishment unit
geen
since 20042.136.598.511
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11642D0244/00G002 | Flanders | 1,318 m² | 1 · 366 m² | 15.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 780 EUR awarded · 780 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 780 EUR | 780 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 7,041 companies in sector 43221 we hold annual accounts for 3,473. 2,997 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded18-02-2004
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
46842Wholesale trade
47527Retail trade
Scores and ratios are computed by Checked and are not a credit decision.