ACTIVE

VERHELST BOUWMATERIALEN

Financial year 2025 · Closed on 31/12/2025

Net result-183,8 k €-136,3 %over 1 year
Revenue123,9 M €+5,8 %over 1 year
Equity37,2 M €-0,5 %over 1 year
Workforce280,6 ETP+3,8 %over 1 year

Identity

Source · BCE/KBO

VERHELST BOUWMATERIALEN is a Public limited company incorporated in 1960. Its registered office is in Oudenburg. It employs on average 280,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0405.301.929
Incorporation
14/12/1960
Legal form
Public limited company
Registered office
Stationsstraat 30
8460 Oudenburg · FlandreSee on map
Contributed capital
3 260 000,00 €
Latest accounts
31/12/2025
Average workforce
280,6 ETP
Joint committees (3)
  • 124
  • 200
  • 218
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 18 financial years

20252024202320222021
Income statement
Revenue123,9 M €117 M €130,7 M €136,5 M €130,9 M €
EBITDA377,2 k €1,4 M €2,4 M €3,2 M €4 M €
Operating result-1,5 M €102,5 k €1,1 M €928 k €2,1 M €
Net result-183,8 k €506,1 k €905,2 k €1,3 M €2,1 M €
Balance sheet
Equity37,2 M €37,3 M €36,8 M €35,9 M €34,6 M €
Total assets87,2 M €78,9 M €93 M €91,2 M €89,2 M €
Cash164,6 k €313 k €61,1 k €780,9 k €133,5 k €
Debts49,5 M €40,7 M €55,4 M €54,7 M €54 M €
Other
Workforce280,6 ETP270,4 ETP259,8 ETP258,6 ETP267,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 36 ended

Active mandates

BOUW BEHEER

Director · since 26 septembre 2023 · until 29 juin 2029 · 0454.532.201

Represented by Pieter De Poorter

Active
Lipconsult

Director · since 26 septembre 2023 · until 29 juin 2029 · 0803.636.585

Represented by Brecht Lippens

Active
SBS

Director · since 26 septembre 2023 · until 29 juin 2029 · 0845.565.727

Represented by Simon Houtekier

Active
HAVECON

Director · since 30 juin 2022 · until 30 juin 2028 · 0508.704.028

Represented by Hans De Keyser

Active
GROEP VERHELST

Managing director · since 30 juin 2021 · until 25 juin 2027 · 0842.100.847

Represented by Kathleen Verhelst

Active

Ended mandates

GROEP VERHELST

Managing director · since 30 juin 2021 · until 05 juin 2027 · 0842.100.847

Represented by Kathleen Verhelst

Ended
BOUW BEHEER

Managing director · since 28 juin 2019 · until 30 juin 2021 · 0454.532.201

Represented by Kathleen Verhelst

Ended
BOUW BEHEER

Managing director · since 28 juin 2019 · until 07 juin 2025 · 0454.532.201

Represented by Kathleen Verhelst

Ended
FACTS

Director · since 28 juin 2019 · until 07 juin 2025 · 0445.917.809

Represented by SERGE DERYCKE

Ended

Other companies at this address

Stationsstraat 30 8460 Oudenburg
CompanyCBE no.
0400.837.751
GROEP VERHELST● Active
0847.756.640
GROEP VERHELST● Active
0842.100.847
KADE VHG● Active
0657.743.637
0893.813.428
0405.293.219
0424.998.768
0846.646.385
0405.320.339
0421.323.458
0413.152.692
0425.075.279
0422.790.732
0405.298.068
VH-TRANS● Active
0401.055.903

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date20/07/202617/09/202531/07/202404/07/202306/07/202214/07/2021
General meeting26/06/202604/07/202504/07/202430/06/202330/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202526/06/202620/07/2026DutchPDF
Full modelCorrection31/12/202404/07/202517/09/2025DutchPDF
Full model31/12/202404/07/202522/07/2025DutchPDF
Full model31/12/202304/07/202431/07/2024DutchPDF
Full model31/12/202230/06/202304/07/2023DutchPDF
Full model31/12/202130/06/202206/07/2022DutchPDF
Full model31/12/202030/06/202114/07/2021DutchPDF
Full model31/12/201926/06/202002/07/2020DutchPDF
Full model31/12/201828/06/201908/07/2019DutchPDF
Full model31/12/201721/06/201813/07/2018DutchPDF
Full model31/12/201630/06/201710/07/2017DutchPDF
Full model31/12/201524/06/201613/07/2016DutchPDF
Full model31/12/201426/06/201514/07/2015DutchPDF
Full model31/12/201327/06/201414/07/2014DutchPDF
Full model31/12/201228/06/201317/07/2013DutchPDF
Full model31/12/201129/06/201211/07/2012DutchPDF
Full model31/12/201024/06/201107/07/2011DutchPDF
Full model31/12/200925/06/201028/06/2010DutchPDF
Full model31/12/200826/06/200907/07/2009DutchPDF
Full model31/12/200727/06/200818/07/2008DutchPDF
Full model31/12/200629/06/200716/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 36 ended

Active mandates

BOUW BEHEER

Director · since 26 septembre 2023 · until 29 juin 2029 · 0454.532.201

Represented by Pieter De Poorter

Active
Lipconsult

Director · since 26 septembre 2023 · until 29 juin 2029 · 0803.636.585

Represented by Brecht Lippens

Active
SBS

Director · since 26 septembre 2023 · until 29 juin 2029 · 0845.565.727

Represented by Simon Houtekier

Active
HAVECON

Director · since 30 juin 2022 · until 30 juin 2028 · 0508.704.028

Represented by Hans De Keyser

Active
GROEP VERHELST

Managing director · since 30 juin 2021 · until 25 juin 2027 · 0842.100.847

Represented by Kathleen Verhelst

Active

Ended mandates

GROEP VERHELST

Managing director · since 30 juin 2021 · until 05 juin 2027 · 0842.100.847

Represented by Kathleen Verhelst

Ended
BOUW BEHEER

Managing director · since 28 juin 2019 · until 30 juin 2021 · 0454.532.201

Represented by Kathleen Verhelst

Ended
BOUW BEHEER

Managing director · since 28 juin 2019 · until 07 juin 2025 · 0454.532.201

Represented by Kathleen Verhelst

Ended
FACTS

Director · since 28 juin 2019 · until 07 juin 2025 · 0445.917.809

Represented by SERGE DERYCKE

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates28/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/08/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/09/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/07/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/07/2019
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-183,8 k €↓
  2. 04/07/2025
    reconductionFrank Vandelanotte — commissaris
  3. 2024
    Annual accounts 2024506,1 k €↓
  4. 2023
    Annual accounts 2023905,2 k €↓
  5. 2022
    Annual accounts 20221,3 M €↓
  6. 30/06/2022
    reconductionFrank Vandelanotte — commissaris
  7. 30/06/2022
    nominationHans De Keyser — bestuurder
  8. 2021
    Annual accounts 20212,1 M €↑
  9. 2020
    Annual accounts 20202,1 M €↑
  10. 2019
    Annual accounts 2019977,5 k €↑
  11. 2018
    Annual accounts 2018490,6 k €↓
  12. 2017
    Annual accounts 20173,5 M €↑
  13. 2016
    Annual accounts 20162,5 M €↑
  14. 2015
    Annual accounts 20152,1 M €↑
  15. 2014
    Annual accounts 20141,4 M €↓
  16. 2013
    Annual accounts 20133,8 M €↑
  17. 2012
    Annual accounts 20123 M €↑
  18. 2011
    Annual accounts 20112,4 M €↑
  19. 2010
    Annual accounts 20101,1 M €↓
  20. 2009
    Annual accounts 20091,4 M €↑
  21. 2008
    Annual accounts 2008943,4 k €
  22. 14/12/1960
    IncorporationPublic limited company