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VERHOFSTE

Active
Private limited companyfounded 199332 yrs activeLindestraat 18, 9042 Gent, BelgiumKBO/BCE: BE 0451.160.163

VERHOFSTE has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €210k and a net result of €13k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 94% of 27559 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
87 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▼-1
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 9.71 against 9.57 in 2024; short-term debt: 8.5% and cash: 72.7% of total assets), and 8.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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
Sector 43
higher
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 32 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
91.5%
Return on assets
5.7%
Age of the figures
15 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
192122232425
2019 to 2025 · latest year €210k
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 28-01-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 d early
2024
1 d early
2023
1 d early
2022
13 d late
2021
15 d late
2020
2 d late
2019
18 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close18-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€210k▲ 6.6%
2024 · €197k
2019: €213k 2021: €251k 2022: €174k 2023: €183k 2024: €197k
2019 → 2025
Total assets
€229k▲ 7.2%
2024 · €214k
2019: €214k 2021: €285k 2022: €354k 2023: €197k 2024: €214k
2019 → 2025
Net result
€13k▼ 4.2%
2024 · €14k
2019: €8k 2021: €45k 2022: €58k 2023: €9k 2024: €14k
2019 → 2025
Working capital
€169k▲ 16.1%
2024 · €146k
2019: €125k 2021: €169k 2022: €107k 2023: €122k 2024: €146k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€251k-€174k▼ 30.8%€183k▲ 5.3%€197k▲ 7.4%€210k▲ 6.6%
Operating result€57k-€86k▲ 51.1%€13k▼ 84.6%€20k▲ 52.1%€19k▼ 6.1%
Net result€45k-€58k▲ 27.7%€9k▼ 83.9%€14k▲ 46.8%€13k▼ 4.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25k€50k€75kOperating result 2021: €57k€57kNet result 2021: €45k€45kOperating result 2022: €86k€86kNet result 2022: €58k€58kOperating result 2023: €13k€13kNet result 2023: €9k€9kOperating result 2024: €20k€20kNet result 2024: €14k€14kOperating result 2025: €19k€19kNet result 2025: €13k€13k20212022202320242025
The operating result falls in 2025; 2025 is 6% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €229k
Fixed assets €40k▼ 20.6%
Current assets €189k▲ 15.9%
Equity and liabilities €229k
Equity €210k▲ 6.6%
Debt €19k▲ 14.2%
The debt ratio rises from 8.0% to 8.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€29k
2024 · €31k
Cash flow
€23k
2024 · €24k
Solvency
91.5%
2024 · 92.0%
Current ratio
9.71
2024 · 9.57
Quick ratio
9.71
2024 · 9.57
Debt / equity
0.09
2024 · 0.09
ROE
6.2%
2024 · 6.9%
ROA
5.7%
2024 · 6.4%
Interest coverage
140.15
2024 · 137.14
Debt
€19k
2024 · €17k
Debt ≤ 1 year
€19k
2024 · €17k
Income taxes
€7k
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€214k€229k
Fixed assets21/28€51k€40k
Tangible fixed assets22/27€51k€40k
Land and buildings22€45k€38k
Furniture and vehicles24€6k€2k
Current assets29/58€163k€189k
Amounts receivable after more than one year29€18k€16k
Trade receivables290€18k€16k
Amounts receivable within one year40/41€18k€7k
Trade receivables40€17k€6k
Other amounts receivable41€1k€128
Cash at bank and in hand54/58€126k€167k
Equity and liabilities
Total equity and liabilities10/49€214k€229k
Equity10/15€197k€210k
Contributions10/11€25k€25k=
Reserves13€109k€121k
Tax-exempt reserves132€7k€7k=
Distributable reserves133€102k€114k
Profit (loss) carried forward14€63k€64k
Amounts payable17/49€17k€19k
Amounts payable within one year42/48€17k€19k
Trade debts44€3k€6k
Suppliers440/4€3k€6k
Taxes, remuneration and social security45€10k€9k
Taxes450/3€10k€6k
Remuneration and social security454/9-€3k
Other amounts payable47/48€4k€4k=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k=
Other operating charges640/8€4k€5k
Gross operating margin9900€35k€34k
Operating profit (loss)9901€20k€19k
Financial income75/76B€216€787
Recurring financial income75€216€787
Financial charges65/66B€224€210
Recurring financial charges65€224€210
Profit (loss) for the period before taxes9903€20k€20k
Income taxes67/77€7k€7k
Profit (loss) for the period9904€14k€13k
Profit (loss) for the period to be appropriated9905€14k€13k
Appropriation of the result
Profit (loss) to be appropriated9906€75k€76k
Profit (loss) brought forward from the previous period14P€61k€63k
Transfer to equity691/2€12k€12k=
To other reserves6921€12k€12k=

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
28-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial Equity above €200kEq €210k ▲6.6%
6 profitable years in a row build equity to €210k.
30-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial Liquidity times 6current ratio 9.67
Current ratio from 1.61 to 9.67; short-term debt falls from €175k to €14k.
13-02
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 13 days late
2022
30-06
Financial Highest result since 2019net €58k ▲27.7%
Operating result €86k, net result €58k, both a record.
15-02
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 15 days late
2021
02-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
2020
13-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
14-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
15-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
25-01
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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, Gent · 1 establishment unit since 1993
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Lindestraat 189042 Gent
Ground area
1,535 m²
Building footprint
168 m²
Volume, LiDAR
764 m³
Parcel 44813B0724/00D000, Flanders · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VERHOFSTE BVBA
Lindestraat 18, 9042 GentNACE 1120002
since 19932.064.335.291
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44813B0724/00D000 Flanders 1,535 m² 1 · 168 m² 6.9 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 8,456 companies in sector 43120 we hold annual accounts for 3,232. 2,583 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded02-11-1993
Fiscal year end30-06
Activities, NACEBEL
43120Site preparation
45112
42220Construction of utility projects for electricity and telecommunications
45215
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.