ACTIVE

VERHELST LOGISTICS

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Financial year 2025 · Closed on 31/12/2025

Net result190,2 k €+19,4 %over 1 year
Revenue17,5 M €+6,5 %over 1 year
Equity9,3 M €+2,1 %over 1 year
Workforce43,1 ETP-1,1 %over 1 year

Identity

Source · BCE/KBO

VERHELST LOGISTICS is a Public limited company incorporated in 1973. Its registered office is in Oudenburg. It employs on average 43,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0413.152.692
Incorporation
20/04/1973
Legal form
Public limited company
Registered office
Stationsstraat 30
8460 Oudenburg · FlandreSee on map
Contributed capital
2 147 696,95 €
Latest accounts
31/12/2025
Average workforce
43,1 ETP
Joint committees (2)
  • 140
  • 226
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 18 financial years

20252024202320222021
Income statement
Revenue17,5 M €16,4 M €15,5 M €15,2 M €12,3 M €
EBITDA718,4 k €975,3 k €1,1 M €971,5 k €926,6 k €
Operating result146 k €223 k €307,9 k €511,4 k €376,8 k €
Net result190,2 k €159,2 k €272,5 k €457,3 k €339,6 k €
Balance sheet
Equity9,3 M €9,1 M €10,9 M €10,7 M €10,2 M €
Total assets16,2 M €18,8 M €19,2 M €19,1 M €16,8 M €
Cash49,3 k €1 M €48,5 k €58,4 k €55,9 k €
Debts6,9 M €9,7 M €8,2 M €8,4 M €6,6 M €
Other
Workforce43,1 ETP43,6 ETP43,6 ETP45,8 ETP35,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 34 ended

Active mandates

Denko International

Director · since 26 septembre 2023 · until 29 juin 2029 · 0465.837.649

Represented by Koen Denys

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
Ludovic DE POORTER

Director · since 30 juin 2021 · until 25 juin 2027

Active

Ended mandates

Barbara De Poorter

Director · since 30 janvier 2020 · until 27 juin 2025

Ended
Barbara DE POORTER

Director · since 30 janvier 2020 · until 30 juin 2021

Ended
BOUW BEHEER

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 27 juin 2025 · 0454.532.201

Represented by Kathleen Verhelst

Ended

Other companies at this address

Stationsstraat 30 8460 Oudenburg
CompanyCBE no.
Construction Brands● Active
0400.837.751
GROEP VERHELST● Active
0847.756.640
GROEP VERHELST● Active
0842.100.847
KADE VHG● Active
0657.743.637
NATUURSTEENZAGERIJ● Active
0893.813.428
Steenbakkerij van Snaaskerke● Liquidation
0405.293.219
VERHELST AFWERKINGSSPECIALIST● Active
0424.998.768
VERHELST BOUWMATERIALEN● Active
0405.301.929
VERHELST IMMO BOUW● Active
0846.646.385
Verhelst Immo Bouw 2● Active
0405.320.339
VERHELST IMMO DEERLIJK● Active
0421.323.458
VERHELST NATUURSTEEN● Active
0425.075.279
VERHELST PORT OPERATORS● Active
0422.790.732
VERHELST TECHNICS & FACILITY● Active
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 date20/07/202622/07/202530/08/202412/07/202306/07/202214/07/2021
General meeting26/06/202618/07/202504/07/202430/06/202330/06/202230/06/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202526/06/202620/07/2026DutchPDF
Full model31/12/202418/07/202522/07/2025DutchPDF
Full model31/12/202304/07/202430/08/2024DutchPDF
Full model31/12/202230/06/202312/07/2023DutchPDF
Full model31/12/202130/06/202206/07/2022DutchPDF
Full model31/12/202030/06/202114/07/2021DutchPDF
Full model31/12/201926/06/202017/07/2020DutchPDF
Full model31/12/201828/06/201908/07/2019DutchPDF
Full model31/12/201721/06/201816/07/2018DutchPDF
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 model31/12/201228/06/201312/07/2013DutchPDF
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 2,5 M€ and 5 M€

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

4 active · 34 ended

Active mandates

Denko International

Director · since 26 septembre 2023 · until 29 juin 2029 · 0465.837.649

Represented by Koen Denys

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
Ludovic DE POORTER

Director · since 30 juin 2021 · until 25 juin 2027

Active

Ended mandates

Barbara De Poorter

Director · since 30 janvier 2020 · until 27 juin 2025

Ended
Barbara DE POORTER

Director · since 30 janvier 2020 · until 30 juin 2021

Ended
BOUW BEHEER

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 27 juin 2025 · 0454.532.201

Represented by Kathleen Verhelst

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
  • Mandates26/07/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/02/2020
    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 2025190,2 k €↑
  2. 2024
    Annual accounts 2024159,2 k €↓
  3. 2023
    Annual accounts 2023272,5 k €↓
  4. 2022
    Annual accounts 2022457,3 k €↑
  5. 2021
    Annual accounts 2021339,6 k €↑
  6. 2020
    Annual accounts 2020286,9 k €↓
  7. 2019
    Annual accounts 2019599 k €↑
  8. 2018
    Annual accounts 2018492 k €↓
  9. 2017
    Annual accounts 2017769,6 k €↓
  10. 2016
    Annual accounts 2016976,6 k €↑
  11. 2015
    Annual accounts 2015517,8 k €↓
  12. 2014
    Annual accounts 2014699,8 k €↑
  13. 2013
    Annual accounts 2013528,2 k €↑
  14. 2012
    Annual accounts 2012-7 k €↓
  15. 2011
    Annual accounts 201162,8 k €↓
  16. 2010
    Annual accounts 20101,8 M €↑
  17. 2009
    Annual accounts 200958 k €↓
  18. 2009
    Name changeVERHELST LOGISTICS
  19. 2008
    Annual accounts 2008394,1 k €
  20. 2008
    Name changeTransportbedrijf Verhelst en Cie
  21. 20/04/1973
    IncorporationPublic limited company