Equity
€2.6m ▲ 2.2%
Verhofsté has made a profit in every financial year since 2007.
Verhofsté
Lifetime
19 annual accounts with figures on one time axis, 34 filings since 1991peak €5.8m (2021)
€3.6m▼ 21.7%
peak €1.4m (2021)
€56,888▼ 94.3%
peak €2.6m (2025)
€2.6m▲ 2.2%
€4.5m▼ 7.7%
peak 42.5 FTE (2021)
40 FTE▲ 11.7%
Board6 names since 2020
2 directorsLT Capital & Advice BV and 1 other
Owners
100%P.N.T.
Documentsfilings and deeds
17-07-202614 days before the deadline
2025financial year
Gross margin from €4.6m to €3.6mResult from €993,209 to €56,888Staff from 35.8 FTE to 40 FTECash from €650,399 to €974,054
Key points
from the 2025 annual accountsResult
€56,888 ▼ 94.3%
The result fell in 2025: different schema filed.
Turnover
≈ €6.2m estimated
The accounts state no turnover.
Staff
38 employees on 31-12-2025
In 2025, 4 people joined and 5 left.
Restructuring
2026
Branch transferred to P.N.T.. Contribution on 08-09-2026.
Board
4 joined · 2 left
Board changed. Latest change 08-09-2026 · 2 in office.
Checked score
89
Excellent
Financially stronger than 37% of small companies in fabricated metal products (NACE 25)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 748 companies (NACE 25, small).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025highest value
07-2025: 0.1%▼ -0.3 percentage points vs 06-2025lowest value
08-2025: 0.1%● unchanged vs 07-2025lowest value
09-2025: 0.1%● unchanged vs 08-2025lowest value
10-2025: 0.1%● unchanged vs 09-2025lowest value
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: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.2%▲ +0.1 percentage points 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
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
Profit of €56,888 (financial year 2025)
lowers risk
Founded in 1989
Liquidity: current ratio 1.36, cash €974,054
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 25, small). It does better than 41% of them on solvency, 41% on liquidity, 23% on profitability and 42% on growth.
The bankruptcy probability was computed on 07-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 14,766 companies had the same profile as Verhofsté has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Verhofsté itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 14,766 companies, not a prediction for Verhofsté. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €230,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.36 (1.27 in 2024), below the usual 1.5. Short-term debt is 52.4% and cash 13.7% of total assets. 63.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 days early
2024
44 days early
2023
9 days early
2022
33 days early
2021
24 days late
2020
28 days early
2019
36 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 20 days before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 17 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
4 directors appointed, 1 resignation
Resignation: Marc VERHOFSTÉ (sole director) · Permanent representatives: Marc VERHOFSTÉ, Yannick PEIFFER and Jan-Frederik VANDERHAGEN · Appointments: PEKNY (sole director), P.N.T. (day-to-day manager), YAPECO (day-to-day manager) and DEFCO (day-to-day manager) · General meeting of 07-09-2026 · Gazette deed
Demerger: VERHOFSTÉ splits off to P.N.T
Capital from €43,130.19 to €71,066.55 · Resignation: LT CAPITAL & ADVICE (director) · Permanent representative: dE BUCK VAN OVERSTRAETEN Jean-Marie Stanislas Pierre · General meeting of 31-07-2026 · Gazette deed
Demerger proposal: VERHOFSTÉ splits off to P.N.T.
Appointment: VRC BEDRIJFSREVISOREN (statutory auditor) · P.N.T. holds all the shares · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0439215109
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Verhofsté Zele | €7.1m | €3.6m | 36.8% | 40 |
| CLdN Tech Bruges | €6.5m | €3.9m | 72.7% | 45.1 |
| MTS INDUSTRIEBOUW Sint-Truiden | €10.4m | €4.0m | 32.4% | 40.9 |
| KESTENS MONTAGE Tienen | €9.5m | €3.3m | 46.0% | 33.6 |
| BAYART Kortrijk | €5.8m | €3.3m | 55.7% | 31.2 |
| GRAUX Momignies | €6.4m | €4.3m | 42.3% | 33.3 |
| KEMPISCHE ALUMINIUMCONSTRUCTIE Beerse | €7.8m | €4.1m | 47.8% | 43.2 |
These companies have the same main activity as Verhofsté: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €5.8m and €10m, founded between 1977 and 1993.
Official details
Source: KBO- Status
- Active since 29-12-1989Normal situation
- Activity
- Manufacture of metal structures and parts of structuresNACE 25110and 1 other
- Joint committee
- 209White-collar workers in metal manufacturing · annual accounts 2025
- Establishment unit
- 2.046.610.6219240 Zele, since 18-01-1990
- Financial year end
- 31 December
- Peppol
- Reachable since 27-03-2026
Annual accounts 2025
- €7.1m▼ 4.3%
- Employeeson 31-12-2025
- 38▼ 2.6%
- Filing
- Filed on 17-07-2026, 14 days before the end of the filing period
Companies linked to Verhofsté
Parent and group
Insights on Verhofsté
Verhofsté has existed since 1989. The gross margin grew from €1.7m in 2007 to €3.6m in 2025 and staff from 25.1 to 40 full-time equivalents.
P.N.T. holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Verhofsté
- What is the company number of Verhofsté?
- The company number of Verhofsté is 0439.215.109. The VAT number is the same number with BE in front: BE 0439.215.109.
- Where is Verhofsté based?
- The registered office is at Baaikensstraat 9, 9240 Zele.Company details
- What does Verhofsté do?
- According to the KBO register, the main activity is manufacture of metal structures and parts of structures (NACE 25110).
- What is the legal form of Verhofsté?
- Verhofsté is a public limited company (NV).
- When was Verhofsté founded?
- Verhofsté was founded on 29-12-1989.
- Is Verhofsté still active?
- Yes, Verhofsté is an active enterprise in the KBO register.
- How many employees does Verhofsté have?
- Verhofsté had an average of 40 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Verhofsté fall under?
- In its 2025 annual accounts, Verhofsté states joint committee 209 (White-collar workers in metal manufacturing).
- What is the turnover of Verhofsté?
- The turnover in financial year 2025 is ≈ €6.2m. This figure is estimated from the gross margin of €3.6m and 1,586 comparable companies of the same size. It probably lies between €4.2m and €10.0m. It is a rough estimate.
- Is Verhofsté profitable?
- In financial year 2025, Verhofsté made a profit of €56,888.
- Where can I find the annual accounts of Verhofsté?
- Verhofsté filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Verhofsté due?
- Verhofsté must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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