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VULSTEKE & VERBEKE

Active
Public limited companyfounded 1997active for 29 yearsGroot-Brittanniëlaan 7, 8970 Poperinge, BelgiumKBO/BCE: BE 0460.106.731
Summary

VULSTEKE & VERBEKE has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of €202,461. Equity grew by about 18% per year on average since 2019. In 2025 it fell by 1.8%. Its solvency ranks better than 52% of 1,140 sector peers (NACE 77, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 27-02-1997 Normal situation
Activity
Rental and leasing activities NACE 77120and 3 others
Joint committees
140.03 Road transport and logistics for third parties
226 White-collar workers in international trade, transport and logistics · annual accounts 30-09-2025
Establishment unit
2.145.487.669 8970 Poperinge, since 01-01-2005
Financial year end
30 September
Peppol
Reachable

Board and ownership

Board

Financial position

86 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts to 30-09-2025
Gross margin
€1.5m
▲ 9.9%
Turnover
≈ €2.6m
estimated
Profit
€202,461
▲ 42.7%
Equity
€1.4m
▼ 1.8%
Total assets
€3.8m
▼ 4.8%
Employees on 30-09-2025
10
▲ 11.1%
Score breakdownraises risk1 change of registered office in 24 monthslowers riskFigures for financial year 2025 (filed on 05-05-2026)Size: 8.4 FTE, total assets €3.8mFounded in 1997Show the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 54% of micro companies in rental and leasing (NACE 77)
Financial strength · tick: 2024
Strong
Solvency 63+1
equity 38.1% of total assets
Liquidity 52+4
short-term debt 22.1% · cash 7.5%
Profitability 75+2
return on assets 5.3%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,169 companies, NACE 77, micro)
Last 24 months 12-2024: 0.1%lowest value 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.3%▲ +0.2 percentage points vs 04-2025 06-2025: 0.2%▼ -0.1 percentage points 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: 0.4%▲ +0.2 percentage points vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.5%▲ +0.1 percentage points vs 01-2026 03-2026: 0.6%▲ +0.1 percentage points vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 1.0%▲ +0.4 percentage points vs 04-2026highest value 06-2026: 0.3%▼ -0.7 percentage points vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €120,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.62 (1.62 in 2024), above the usual 1.5. Short-term debt is 22.1% and cash 7.5% of total assets. However, 61.9% 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 77, micro). It does better than 54% of them on solvency, 62% on liquidity, 64% on profitability and 37% on growth.

The bankruptcy probability was computed on 04-11-2026 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 30-09-2025.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Figures for financial year 2025 (filed on 05-05-2026)
NBB · annual accounts
lowers risk · Size: 8.4 FTE, total assets €3.8m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1997
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
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 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
on the day
2023
32 days early
2022
10 days late
2021
1 day early
2020
147 days early
2019
83 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 36 days before the deadline. In the sector (NACE 77), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 30 April (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end05-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 4th largest company by total assets in Poperinge, Administrative and support services…in the Checked rankings No. 4 View
  • Positive: 7 profitable years in a rowprofit 2025: €202,461 7 years View
  • Positive: Result rose in 2025from €141,866 to €202,461 ▲ 42.7% View

Recent changes

  1. · Gazette deed Registered office moved within PoperingeNew registered office: Groot-Brittanniëlaan 7, 8970 Poperinge · Previous registered office: Groot-Brittanniëlaan 5, 8970 Poperinge · “De leasing, renting, verhuring, dienstverlening met betrekking tot welkdanige roerende goederen, materieel…” (deed in Dutch)
  2. · Gazette deed 2 directors appointed, 2 directors reappointedReappointments: Benedikt Vulsteke (director) and Helga Verbeke (director) · Appointments: Benedikt Vulsteke (managing director) and Helga Verbeke (managing director)
  3. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as VULSTEKE & VERBEKE: rental and leasing activities (NACE 77120). They are comparable in size and age: total assets between €2.3m and €7m, founded between 1981 and 2011.

CompanyTotal assetsGross margin
VULSTEKE & VERBEKE Poperinge€3.8m€1.5m
JORIS VAN DIJCK TRADING COMPANY Herentals€3.5m€1.0m
HEROS Antwerp€4.0m€1.7m
VAN DEN NEST CONTAINERS Aalst€2.3m€0.6m
SMTS Bruges€4.7m€2.1m
RENTALOC Lier€7.0m€2.3m
DETARENT Brussels€5.6m€1.9m
Full comparison

Key facts about VULSTEKE & VERBEKE

What is the company number of VULSTEKE & VERBEKE?
The company number of VULSTEKE & VERBEKE is 0460.106.731. The VAT number is the same number with BE in front: BE 0460.106.731.
Where is VULSTEKE & VERBEKE based?
The registered office is at Groot-Brittanniëlaan 7, 8970 Poperinge.Company details
What does VULSTEKE & VERBEKE do?
According to the KBO register, the main activity is rental and leasing activities (NACE 77120).
What is the legal form of VULSTEKE & VERBEKE?
VULSTEKE & VERBEKE is a public limited company (NV).
When was VULSTEKE & VERBEKE founded?
VULSTEKE & VERBEKE was founded on 27-02-1997.
Is VULSTEKE & VERBEKE still active?
Yes, VULSTEKE & VERBEKE is an active enterprise in the KBO register.
How many employees does VULSTEKE & VERBEKE have?
VULSTEKE & VERBEKE had an average of 8.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does VULSTEKE & VERBEKE fall under?
In its 30-09-2025 annual accounts, VULSTEKE & VERBEKE states joint committees 140.03 (Road transport and logistics for third parties) and 226 (White-collar workers in international trade, transport and logistics).
What is the turnover of VULSTEKE & VERBEKE?
The turnover in financial year 2025 is ≈ €2.6m. This figure is estimated from the gross margin of €1.5m and 1,584 comparable companies of the same size. It probably lies between €1.8m and €4.3m. It is a rough estimate.
Is VULSTEKE & VERBEKE profitable?
In financial year 2025, VULSTEKE & VERBEKE made a profit of €202,461.
Where can I find the annual accounts of VULSTEKE & VERBEKE?
VULSTEKE & VERBEKE filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VULSTEKE & VERBEKE due?
VULSTEKE & VERBEKE must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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