VERHOLIM
ActiveSummary
VERHOLIM has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €616k and a net result of €40k. Equity remains stable across the filed fiscal years (±0.3% per year). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▲+9
Solvency100=
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 25.9; short-term debt: 3.4% and cash: 67.4% of total assets), and 3.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
96.6%
Return on assets
6.3%
Age of the figures
12 mo
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 20-04-2026, 10 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
10 d early
2024
89 d late
2023
on the day
2022
2 d early
2021
31 d late
2020
45 d early
2019
8 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€616k▼ 65.3%
2024 · €1.78M
2018: €1.04M
2020: €1.28M
2021: €1.80M▲ +40.0% vs 2020
2022: €1.83M▲ +1.9% vs 2021highest value
2023: €1.79M▼ -2.4% vs 2022
2024: €1.78M▼ -0.6% vs 2023
2025: €616k▼ -65.3% vs 2024lowest value
2018 → 2025
Total assets
€638k▼ 64.1%
2024 · €1.78M
2018: €1.85M
2020: €1.40M
2021: €2.00M▲ +42.2% vs 2020highest value
2022: €1.83M▼ -8.1% vs 2021
2023: €1.79M▼ -2.4% vs 2022
2024: €1.78M▼ -0.8% vs 2023
2025: €638k▼ -64.1% vs 2024lowest value
2018 → 2025
Net result
€40k
2024 · €-10k
2018: €65k
2020: €169k
2021: €513k▲ +204% vs 2020highest value
2022: €33k▼ -93.5% vs 2021
2023: €-44k▼ -231% vs 2022lowest value
2024: €-10k▲ +76.0% vs 2023
2025: €40k▲ +487% vs 2024
2018 → 2025
Working capital
€540k▼ 68.1%
2024 · €1.69M
2018: €872k
2020: €1.13M
2021: €1.70M▲ +50.2% vs 2020
2022: €1.74M▲ +2.3% vs 2021highest value
2023: €1.70M▼ -2.2% vs 2022
2024: €1.69M▼ -0.4% vs 2023
2025: €540k▼ -68.1% vs 2024lowest value
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.80M-€1.83M▲ 1.9%€1.79M▼ 2.4%€1.78M▼ 0.6%€616k▼ 65.3%
2021: €1.80M
2022: €1.83M▲ +1.9% vs 2021highest in 5 years
2023: €1.79M▼ -2.4% vs 2022
2024: €1.78M▼ -0.6% vs 2023
2025: €616k▼ -65.3% vs 2024lowest in 5 years
Operating result€68k-€33k▼ 51.3%€58k▲ 76.3%€58k▲ 0.1%€41k▼ 29.9%
2021: €68khighest in 5 years
2022: €33k▼ -51.3% vs 2021lowest in 5 years
2023: €58k▲ +76.3% vs 2022
2024: €58k▲ +0.1% vs 2023
2025: €41k▼ -29.9% vs 2024
Net result€513k-€33k▼ 93.5%€-44k€-10k▲ 76.0%€40k
2021: €513khighest in 5 years
2022: €33k▼ -93.5% vs 2021
2023: €-44k▼ -231% vs 2022lowest in 5 years
2024: €-10k▲ +76.0% vs 2023
2025: €40k▲ +487% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 30% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €638k
Fixed assets
€76k ▼ 7.8%
Current assets
€562k ▼ 66.9%
Equity and liabilities €638k
Equity
€616k ▼ 65.3%
Debt
€22k ▲ 1,731%
Debt's share of the balance-sheet total rises from 0.1% to 3.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€41k▼
2024 · €62k
Cash flow
€41k▲
2024 · €-6k
Current ratio
25.90
Debt to equity
0.04▲
2024 · 0.00
ROE
6.6%▲
2024 · -0.6%
ROA
6.3%▲
2024 · -0.6%
Interest coverage
54.81▼
2024 · 85.25
Debt ≤ 1 year
€22k▲
2024 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.78M€638k▼
Fixed assets21/28€82k€76k▼
Tangible fixed assets22/27€82k€76k▼
Land and buildings22€82k€76k▼
Current assets29/58€1.69M€562k▼
Amounts receivable within one year40/41€82k€124k▲
Trade receivables40€82k€23k▼
Other amounts receivable41-€100k
Cash at bank and in hand54/58€1.59M€430k▼
Deferred charges and accrued income490/1€23k€8k▼
Equity and liabilities
Total equity and liabilities10/49€1.78M€638k▼
Equity10/15€1.78M€616k▼
Contributions10/11€131k€131k=
Capital10€131k€131k=
Issued capital100€131k€131k=
Reserves13€1.70M€498k▼
Non-distributable reserves130/1€13k€13k=
Legal reserve130€13k€13k=
Distributable reserves133€1.69M€485k▼
Profit (loss) carried forward14€-54k€-13k▲
Amounts payable17/49€1k€22k▲
Amounts payable within one year42/48€1k€22k▲
Trade debts44-€22k
Suppliers440/4-€22k
Other amounts payable47/48€1k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€449▼
Other operating charges640/8€23k€126k▲
Gross operating margin9900€85k€167k▲
Operating profit (loss)9901€58k€41k▼
Financial income75/76B-€375
Recurring financial income75-€375
Financial charges65/66B€57k€753▼
Recurring financial charges65€732€753▲
Non-recurring financial charges66B€56k-
Profit (loss) for the period before taxes9903€1k€40k▲
Income taxes67/77€12k-
Profit (loss) for the period9904€-10k€40k▲
Profit (loss) for the period to be appropriated9905€-10k€40k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-54k€-13k▲
Profit (loss) brought forward from the previous period14P€-43k€-54k▼
Transfer from equity791/2-€1.20M
Profit to be distributed694/7-€1.20M
Return on contributions (dividend)694-€1.20M
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €5k | €5k | €4k | €449 | ▼ 89.2% |
| Other operating charges640/8 | - | - | - | €23k | €126k | ▲ 449% |
| Gross operating margin9900 | €73k | €38k | €63k | €85k | €167k | ▲ 96.0% |
| Operating profit (loss)9901 | €68k | €33k | €58k | €58k | €41k | ▼ 29.9% |
| Financial income75/76B | €637k | €13k | - | - | €375 | - |
| Recurring financial income75 | €637k | €13k | - | - | €375 | - |
| Financial charges65/66B | €440 | €1k | €81k | €57k | €753 | ▼ 98.7% |
| Recurring financial charges65 | €440 | €381 | €80k | €732 | €753 | ▲ 2.9% |
| Non-recurring financial charges66B | - | €941 | €1k | €56k | - | - |
| Profit (loss) for the period before taxes9903 | €705k | €45k | €-23k | €1k | €40k | ▲ 2,921% |
| Income taxes67/77 | €192k | €12k | €21k | €12k | - | - |
| Profit (loss) for the period9904 | €513k | €33k | €-44k | €-10k | €40k | ▲ 487% |
| Profit (loss) for the period to be appropriated9905 | €513k | €33k | €-44k | €-10k | €40k | ▲ 487% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.00M | €1.83M | €1.79M | €1.78M | €638k | ▼ 64.1% |
| Fixed assets21/28 | €97k | €92k | €87k | €82k | €76k | ▼ 7.8% |
| Tangible fixed assets22/27 | €97k | €92k | €87k | €82k | €76k | ▼ 7.8% |
| Land and buildings22 | €97k | €92k | €87k | €82k | €76k | ▼ 7.8% |
| Current assets29/58 | €1.90M | €1.74M | €1.70M | €1.69M | €562k | ▼ 66.9% |
| Amounts receivable after more than one year29 | €500k | €500k | €197k | - | - | - |
| Other amounts receivable291 | €500k | €500k | €197k | - | - | - |
| Amounts receivable within one year40/41 | €82k | €82k | €82k | €82k | €124k | ▲ 50.1% |
| Trade receivables40 | €82k | €82k | €82k | €82k | €23k | ▼ 71.6% |
| Other amounts receivable41 | - | - | - | - | €100k | - |
| Cash at bank and in hand54/58 | €1.25M | €1.08M | €1.42M | €1.59M | €430k | ▼ 73.0% |
| Deferred charges and accrued income490/1 | €67k | €80k | - | €23k | €8k | ▼ 65.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.00M | €1.83M | €1.79M | €1.78M | €638k | ▼ 64.1% |
| Equity10/15 | €1.80M | €1.83M | €1.79M | €1.78M | €616k | ▼ 65.3% |
| Contributions10/11 | €131k | €131k | €131k | €131k | €131k | = |
| Capital10 | €131k | €131k | €131k | €131k | €131k | = |
| Issued capital100 | €131k | €131k | €131k | €131k | €131k | = |
| Reserves13 | €1.66M | €1.70M | €1.70M | €1.70M | €498k | ▼ 70.7% |
| Non-distributable reserves130/1 | €13k | €13k | €13k | €13k | €13k | = |
| Legal reserve130 | €13k | €13k | €13k | €13k | €13k | = |
| Distributable reserves133 | €1.65M | €1.69M | €1.69M | €1.69M | €485k | ▼ 71.2% |
| Profit (loss) carried forward14 | €946 | €340 | €-43k | €-54k | €-13k | ▲ 75.3% |
| Amounts payable17/49 | €200k | €5k | €5k | €1k | €22k | ▲ 1,731% |
| Amounts payable within one year42/48 | €200k | €5k | €5k | €1k | €22k | ▲ 1,731% |
| Trade debts44 | €24k | - | - | - | €22k | - |
| Suppliers440/4 | €24k | - | - | - | €22k | - |
| Taxes, remuneration and social security45 | €171k | - | - | - | - | - |
| Taxes450/3 | €171k | - | - | - | - | - |
| Other amounts payable47/48 | €5k | €5k | €5k | €1k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €513k | €33k | €-44k | €-10k | €40k | ▲ 487% |
| + Depreciation and write-downs630 | €5k | €5k | €5k | €4k | €449 | ▼ 89.2% |
| Operating cash flow (approximation) | €518k | €39k | €-38k | €-6k | €41k | ▲ 749% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €6k | - |
| Change in cash | - | €-170k | €344k | €164k | €-1.16M | ▼ 807% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Back to profitnet €40k
Net result €40k after 2 loss-making years.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 89 days late
2024
30-09
Financial
Liquidity quadruplescurrent ratio 1430.84
Current ratio from 357.68 to 1430.84; short-term debt falls from €5k to €1k.
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Weakest financial yearnet €-44k
Net result drops to €-44k, the lowest in the series; recovery starts the following year.
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Liquidity times 39current ratio 365.81
Current ratio from 9.49 to 365.81; short-term debt falls from €200k to €5k.
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-09
Financial
Highest result since 2018net €513k ▲204%
Net result €513k, the highest in the series.
16-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Liquidity times 5current ratio 10.56
Current ratio from 2.09 to 10.56; short-term debt falls from €803k to €118k.
Show earlier events
22-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
20-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
25-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 25 days late
2017
26-04
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.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
7 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, Putte · 1 establishment unit since 1991
Ground area
681 m²
Parcel 12001B0272/00R000, Flanders. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Verholim
since 19912.053.711.813
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12001B0272/00R000 | Flanders | 681 m² | - | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPublic limited company
Founded17-06-1991
Fiscal year end30-09
Scores and ratios are computed by Checked and are not a credit decision.