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VERHODEKOR

Active
Private limited companyfounded 1996active for 30 yearsDiksmuidse Boterweg 4B, 8851 Ardooie, BelgiumKBO/BCE: BE 0457.399.441
Summary

VERHODEKOR has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.0m and a net result of €107,950. Equity has been growing by about 13% per year since 2019. Its solvency ranks better than 71% of 9,895 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

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VERHODEKORActiveChecked score 94/100
Risk analysis ReportCompare

Overview

Official details

Source: KBO
Status
Active since 06-03-1996 Normal situation
Activity
Painting of buildings NACE 43341and 5 others
Joint committees
124 Paritair Comité voor het bouwbedrijf
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 30-09-2022
Establishment unit
2.077.047.340 8851 Ardooie, since 26-06-1996
Financial year end
30 September
Peppol
Reachable since 18-12-2025
Company details

Board and ownership

Board
  • Houthoofd MireilleDirector
  • Verlinde IvanDirector
Holdings
Shares in 3 companies including @VERHO and VERLINDE
Board & ownership

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 30-09-2025
Gross margin
€244,807
▲ 19.4%
Turnover
≈ €830,000
estimated
Profit
€107,950
▲ 15.3%
Equity
€3.0m
▲ 3.7%
Total assets
€4.9m
▲ 15.3%
Financials
Score breakdownraises riskLiquidity: current ratio 2.40, cash €193,046Sector: Specialised construction activities (NACE 43)lowers riskSize: total assets €4.9mFigures for financial year 2025 (filed on 02-04-2026)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 53% of small companies in specialised construction (NACE 43)
Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Strong
Solvency 87-7
equity 62.0% of total assets
Liquidity 41-3
short-term debt 32.1% · cash 4.0%
Profitability 72=
return on assets 2.2%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.3% (2,649 companies, NACE 43, small)
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: 0.2%▲ +0.1 percentage points vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025highest value 05-2025: 0.1%▼ -0.1 percentage points vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 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: 0.2%▲ +0.1 percentage points vs 03-2026 05-2026: 0.1%▼ -0.1 percentage points vs 04-2026lowest value 06-2026: 0.1%● unchanged vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €280,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.4 (3.35 in 2024), above the usual 1.5. Short-term debt is 32.1% and cash 4% of total assets. 38% 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 43, small). It does better than 80% of them on solvency, 43% on liquidity, 45% on profitability and 44% on growth.

The bankruptcy probability was computed on 01-11-2026 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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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €4.9m
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 · Liquidity: current ratio 2.40, cash €193,046
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Figures for financial year 2025 (filed on 02-04-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-03-2026, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
30 days early
2024
15 days early
2023
on the day
2022
5 days late
2021
12 days late
2020
on the day
2019
31 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 8 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 1 May (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
30-09-2026 year end02-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: More equity than 95% of companies in specialised constructionsector median €251,290 · 9,897 companies €3.0m View
  • Positive: 7 profitable years in a rowprofit 2025: €107,950 7 years View
  • Heads a groupcompanies controlled 4 View

Recent changes

  1. · Gazette deed General meeting · Name change
  2. · Gazette deed Incorporation
All 15 events

Companies linked to VERHODEKOR

Comparable companies

These companies have the same main activity as VERHODEKOR: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €1.9m and €7.3m, founded between 1976 and 2003.

CompanyTotal assetsGross margin
VERHODEKOR Ardooie€4.9m€0.2m
DEPOORTERE C&F SCHILDERWERKEN Harelbeke€3.1m€0.4m
IMMO 770 Antwerpen€3.6m€0.4m
HAEGEMAN DECORATION Nivelles€1.9m€0.2m
DE WAAL Kapellen€7.3m€0.3m
Immo Paint Leuven€4.1m€0.5m
BUIJSSE Lokeren€4.0m€0.4m
Full comparison

Key facts about VERHODEKOR
What is the company number of VERHODEKOR?
The company number of VERHODEKOR is 0457.399.441. The VAT number is the same number with BE in front: BE 0457.399.441.
Where is VERHODEKOR based?
The registered office is at Diksmuidse Boterweg 4B, 8851 Ardooie.Company details
What does VERHODEKOR do?
According to the KBO register, the main activity is painting of buildings (NACE 43341).
What is the legal form of VERHODEKOR?
The legal form of VERHODEKOR is Private limited company (BV).
When was VERHODEKOR founded?
VERHODEKOR was founded on 06-03-1996.
Is VERHODEKOR still active?
Yes, VERHODEKOR is an active enterprise in the KBO register.
How many employees does VERHODEKOR have?
VERHODEKOR had an average of 8.4 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
Which joint committee does VERHODEKOR fall under?
In its 30-09-2022 annual accounts, VERHODEKOR states joint committees 124 (Paritair Comité voor het bouwbedrijf) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of VERHODEKOR?
The turnover in financial year 2025 is ≈ €830,000. This figure is estimated from the gross margin of €244,807 and 91 comparable companies (NACE 433). It probably lies between €580,000 and €1.2m.
Is VERHODEKOR profitable?
In financial year 2025, VERHODEKOR made a profit of €107,950.
Where can I find the annual accounts of VERHODEKOR?
VERHODEKOR filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VERHODEKOR due?
VERHODEKOR must file the annual accounts for financial year 2026 by 30-04-2027.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 Compare this company with its sector.Sector benchmark

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