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VERHOESTRAETE

Active
Private limited companyfounded 1993active for 33 yearsBrielstraat 10, 9990 Maldegem, BelgiumKBO/BCE: BE 0450.508.580

From the official registers: KBO 32 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

VERHOESTRAETE has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27,963 and a net result of -€17,554. Equity has been shrinking by about 10% per year since 2019. Its solvency ranks better than 35% of 198 sector peers (NACE 14, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

KBO
Status
Active since 12-07-1993 Normal situation
Legal form
Private limited company
Registered office
Brielstraat 10, 9990 Maldegem
Activity
Manufacture of wearing apparel NACE 14299
Establishment unit
2.063.142.092 9990 Maldegem, since 30-07-1993
Financial year end
30 June
Peppol
Reachable since 03-12-2024

Board and ownership

Board
  • Huwel NataschaDirector
  • Verhoestraete NicoDirector

Financial position

85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts to 30-06-2025
Gross margin
€44,026
▼ 18.6%
Turnover
≈ €180,000
estimated
Loss
€17,554
▲ 73.1%
Equity
€27,963
▼ 49.6%
Total assets
€299,138
▼ 14.7%
2025 accounts filed 2 days before the deadline
Filed on 29-01-2026PDF
Score breakdownraises riskLoss of €17,554, the second in a row (financial year 2025)Equity €27,963 (9.3% of total assets)lowers riskSize: total assets €299,138Founded in 1993Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 27% of micro companies in clothing (NACE 14)
Financial strength · tick: 2024
Weak
Solvency 34-7
equity 9.3% of total assets
Liquidity 21-5
short-term debt 80.8% · cash 12.1%
Profitability 40-8
return on assets -5.9%
Bankruptcy probability within 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 0.3% (317 companies, NACE 14, micro)
Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.2%▲ +0.1 percentage points vs 11-2024 01-2025: 0.3%▲ +0.1 percentage points vs 12-2024 02-2025: 0.2%▼ -0.1 percentage points vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.4%▲ +0.2 percentage points vs 12-2025highest value 02-2026: 0.2%▼ -0.2 percentage points vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.82 (0.84 in 2024), below 1. Short-term debt is 80.8% and cash 12.1% of total assets. 90.7% 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 14, micro). It does better than 32% of them on solvency, 22% on liquidity, 41% on profitability and 15% on growth.

The bankruptcy probability was computed on 31-10-2026 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. 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

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €299,138
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 · Loss of €17,554, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Founded in 1993
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Equity €27,963 (9.3% of total assets)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€17,554
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 days early
2024
29 days early
2023
41 days early
2022
40 days early
2021
20 days early
2020
23 days early
2019
53 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 30 days before the deadline. In the sector (NACE 14), the median for financial year 2024 was 6 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 2 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end01-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 82% of companies in clothingsector median €1,205 · 198 companies -€17,554 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€17,554 View

Documents

Annual accounts at the NBB

All 32 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about VERHOESTRAETE

What is the company number of VERHOESTRAETE?
The company number of VERHOESTRAETE is 0450.508.580. The VAT number is the same number with BE in front: BE 0450.508.580.
Where is VERHOESTRAETE based?
The registered office is at Brielstraat 10, 9990 Maldegem.Company details
What does VERHOESTRAETE do?
According to the KBO register, the main activity is manufacture of wearing apparel (NACE 14299).
What is the legal form of VERHOESTRAETE?
The legal form of VERHOESTRAETE is Private limited company (BV).
When was VERHOESTRAETE founded?
VERHOESTRAETE was founded on 12-07-1993.
Is VERHOESTRAETE still active?
Yes, VERHOESTRAETE is an active enterprise in the KBO register.
How many employees does VERHOESTRAETE have?
VERHOESTRAETE had an average of 0.8 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
What is the turnover of VERHOESTRAETE?
The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €44,026 and 2,949 comparable companies of the same size. It probably lies between €110,000 and €320,000. It is a rough estimate.
Is VERHOESTRAETE profitable?
In financial year 2025, VERHOESTRAETE made a loss of €17,554.
Where can I find the annual accounts of VERHOESTRAETE?
VERHOESTRAETE filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of VERHOESTRAETE due?
VERHOESTRAETE must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

Comparable companies

These companies have the same main activity as VERHOESTRAETE: manufacture of wearing apparel (NACE 14299). They are comparable in size and age: total assets between €178,000 and €510,000, founded between 1974 and 2002.

CompanyTotal assetsGross margin
VERHOESTRAETE Maldegem€299,138€44,026
TOLGA AND CO Chaumont-Gistoux€236,154€48,322
DE GEEST SPORT Laarne€496,345€35,196
GBF CONSULT Sambreville€222,140€29,754
Cé-INVEST Oosterzele€510,152€61,111
VMDK Erpe-Mere€178,328€25,225
Meskens-Staels & Co Meise€307,025€137,083
Full comparison

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