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Verhoeve Belgium

Active
Private limited companyfounded 2007active for 19 yearsSchomhoeveweg 13, 2030 Antwerpen, BelgiumKBO/BCE: BE 0889.555.029

From the official registers: KBO 18 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of Verhoeve Belgium is 5.2% (elevated). The 2024 annual accounts show equity of €563,541 and a net result of -€11,572. Equity has been growing by about 9.9% per year since 2018. Its solvency ranks better than 22% of 34 sector peers (NACE 39, financial year 2024). The company has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 22-05-2007 Normal situation
Activity
Remediation activities and other waste management service activities NACE 39000and 4 others
Establishment unit
2.163.463.452 2030 Antwerpen, since 22-05-2007
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
  • Verhoeve Milieu en Water B.V.Director · since 14-05-2007 · permanent representative Arie LOBS
Auditor
Guy Parmentier
Shareholders

Financial position

35 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
5.2%
Annual accounts 2024
Gross margin
€628,969
▲ 2.1%
Turnover
≈ €1.5m
estimated
Loss
€11,572
▼ 24.5%
Equity
€563,541
▼ 2.0%
Total assets
€7.1m
▲ 2.3%
Staff
5.9 FTE
▼ 15.7%
2025 accounts not filed, 93 days past the deadline
Filed on 14-08-2025PDF
Score breakdownraises riskFigures for financial year 2024 (filed on 14-08-2025)Liquidity: current ratio 1.08, cash €30,362Equity €563,541 (7.9% of total assets)lowers riskFounded in 2007Show the evidence

Checked score

Score 2024
35 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 19% of micro companies in remediation (NACE 39)
Financial strength · tick: 2023
Weak
Solvency 33=
equity 7.9% of total assets
Liquidity 1=
short-term debt 91.8% · cash 0.4%
Profitability 43+25
return on assets -0.2%
Bankruptcy probability within 12 months
5.2% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (91 companies, NACE 39, micro)
Last 24 months 11-2024: 2.5% 12-2024: 2.5%● unchanged vs 11-2024 01-2025: 2.5%● unchanged vs 12-2024 02-2025: 2.5%● unchanged vs 01-2025 03-2025: 2.5%● unchanged vs 02-2025 04-2025: 2.5%● unchanged vs 03-2025 05-2025: 2.5%● unchanged vs 04-2025 06-2025: 2.6%▲ +0.1 percentage points vs 05-2025 07-2025: 3.0%▲ +0.4 percentage points vs 06-2025 08-2025: 4.0%▲ +1.0 percentage point vs 07-2025 09-2025: 1.7%▼ -2.3 percentage points vs 08-2025 10-2025: 1.7%● unchanged vs 09-2025 11-2025: 1.7%● unchanged vs 10-2025 12-2025: 1.7%● unchanged vs 11-2025 01-2026: 1.7%● unchanged vs 12-2025lowest value 02-2026: 1.8%▲ +0.1 percentage points vs 01-2026 03-2026: 1.8%● unchanged vs 02-2026 04-2026: 1.8%● unchanged vs 03-2026 05-2026: 1.8%● unchanged vs 04-2026 06-2026: 2.0%▲ +0.2 percentage points vs 05-2026 07-2026: 2.1%▲ +0.1 percentage points vs 06-2026 08-2026: 3.4%▲ +1.3 percentage points vs 07-2026 09-2026: 4.0%▲ +0.6 percentage points vs 08-2026 10-2026: 5.2%▲ +1.2 percentage points vs 09-2026highest value
Credit of up to €19,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is tight, with a current ratio of 1.08 (1.1 in 2023), below the usual 1.5. Short-term debt is 91.8% and cash 0.4% of total assets. 92.1% 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 39, micro). It does better than 18% of them on solvency, 4% on liquidity, 26% on profitability and 29% 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 14-08-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.08, cash €30,362
NBB · annual accounts
raises risk · Equity €563,541 (7.9% of total assets)
NBB · annual accounts
lowers risk · Founded in 2007
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 · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 34 sector peers (2024).
NBB · sector comparison
Position among 34 sector peers
Solvency
better than 22%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
raises risk · 2024 accounts filed 14 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-08-2025, 14 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 filings
Deviation from the deadline
2025
not filed
2024
14 days late
2023
61 days late
2022
70 days early
2021
48 days early
2020
57 days early
2019
34 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 11 days before the deadline. In the sector (NACE 39), the median for financial year 2024 was 9 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 84% of companies in remediationsector median €66,494 · 33 companies -€11,572 View
  • Caution: 2 loss-making years in a rowloss in financial year 2024 -€11,572 View

Comparable companies

These companies have the same main activity as Verhoeve Belgium: remediation activities and other waste management service activities (NACE 39000). They are comparable in size and age: total assets between €2m and €15m, founded between 1997 and 2017.

CompanyTotal assetsGross margin
Verhoeve Belgium Antwerpen€7.1m€0.6m
SANTERRA Boortmeerbeek€14.5m€1.5m
WEGRO Beveren-Kruibeke-Zwijndrecht€3.2m€0.7m
MAB Kalmthout€2.6m€0.9m
BOBRIK Ranst€2.0m€0.3m
Sodecon Niel€3.7m€1.2m
Vlaams Bodemsaneringsfonds voor de Textielverzorging Merelbeke-Melle€12.5m€1.8m
Full comparison

Documents

Annual accounts at the NBB

All 18 annual accounts

Articles and registers

Key facts about Verhoeve Belgium

What is the company number of Verhoeve Belgium?
The company number of Verhoeve Belgium is 0889.555.029. The VAT number is the same number with BE in front: BE 0889.555.029.
Where is Verhoeve Belgium based?
The registered office is at Schomhoeveweg 13, 2030 Antwerpen.Company details
What does Verhoeve Belgium do?
According to the KBO register, the main activity is remediation activities and other waste management service activities (NACE 39000).
What is the legal form of Verhoeve Belgium?
The legal form of Verhoeve Belgium is Private limited company (BV).
When was Verhoeve Belgium founded?
Verhoeve Belgium was founded on 22-05-2007.
Is Verhoeve Belgium still active?
Yes, Verhoeve Belgium is an active enterprise in the KBO register.
How many employees does Verhoeve Belgium have?
Verhoeve Belgium had an average of 5.9 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of Verhoeve Belgium?
The turnover in financial year 2024 is ≈ €1.5m. This figure is estimated from the gross margin of €628,969 and 2,285 comparable companies of the same size. It probably lies between €890,000 and €2.5m. It is a rough estimate.
Is Verhoeve Belgium profitable?
In financial year 2024, Verhoeve Belgium made a loss of €11,572.
Where can I find the annual accounts of Verhoeve Belgium?
Verhoeve Belgium filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)

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