ACTIVE

Verheyde

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Financial year 2025 · closed on 31/12/2025

Net result

52,8 k €

-79.5% YoY

Gross margin

1,9 M €

-12.8% YoY

Equity

2,8 M €

+1.9% YoY

Workforce

30,7 ETP

-16.3% YoY

What does Verheyde do?

Verheyde is a Private limited company incorporated in 1985. Its registered office is in Poperinge. It employs on average 30,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0427.480.285

Incorporation

17/06/1985

Legal form

Private limited company

Registered office

Callicannesweg 16
8978 Poperinge · FlandreSee on map

Contributed capital

318 592,01 €

Latest accounts

31/12/2025

Average workforce

30,7 ETP

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,9 M €	-12.8%	2,1 M €	-11.4%	2,4 M €	-2.7%	2,5 M €	+30.6%	1,9 M €	+15.6%	1,6 M €	-19.0%	2 M €	-1.1%	2 M €	+3.0%	2 M €	-10.8%	2,2 M €	-1.3%	2,3 M €	+10.9%	2 M €	+7.9%	1,9 M €	-1.0%	1,9 M €	-4.7%	2 M €	+9.6%	1,8 M €	+2.2%	1,8 M €	+6.2%	1,7 M €	-11.1%	1,9 M €	+8.6%	1,7 M €
EBITDA	245,9 k €	-54.2%	537,1 k €	-20.2%	672,8 k €	-22.2%	864,4 k €	+15.6%	748 k €	+14.0%	655,9 k €	+15.5%	568,2 k €	+7.8%	527 k €	+5.5%	499,4 k €	-32.2%	736,5 k €	-28.5%	1 M €	+89.4%	544,1 k €	+27.4%	427,2 k €	+5.3%	405,9 k €	-37.1%	645,7 k €	+18.0%	547,3 k €	-9.7%	606,2 k €	+7.4%	564,5 k €	-30.7%	815 k €	+15.7%	704,4 k €
Operating result	105,6 k €	-71.8%	374,3 k €	-28.4%	522,6 k €	-26.0%	705,8 k €	+50.9%	467,6 k €	-12.3%	533,2 k €	+30.9%	407,3 k €	+15.3%	353,4 k €	+11.9%	316 k €	-41.0%	535,8 k €	-36.8%	847,2 k €	+135%	359,9 k €	+17.8%	305,5 k €	+76.3%	173,3 k €	-54.1%	377,4 k €	+16.6%	323,7 k €	-0.5%	325,3 k €	+71.3%	189,9 k €	-68.5%	603 k €	+33.3%	452,2 k €
Net result	52,8 k €	-79.5%	257,9 k €	-30.6%	371,5 k €	-30.9%	537,6 k €	+44.4%	372,2 k €	-7.9%	404,3 k €	+43.0%	282,7 k €	+24.9%	226,3 k €	+14.2%	198,1 k €	-43.8%	352,6 k €	-36.2%	553,1 k €	+127%	243,4 k €	+20.5%	202,1 k €	+26.0%	160,4 k €	-38.9%	262,5 k €	+18.0%	222,5 k €	-2.6%	228,5 k €	+64.2%	139,2 k €	-65.2%	399,5 k €	+33.2%	299,9 k €
Balance sheet
Equity	2,8 M €	+1.9%	2,7 M €	+2.2%	2,7 M €	+10.4%	2,4 M €	+32.1%	1,8 M €	-1.5%	1,9 M €	-29.2%	2,6 M €	+12.1%	2,3 M €	+10.7%	2,1 M €	+10.3%	1,9 M €	+22.5%	1,6 M €	+19.3%	1,3 M €	+1228%	98,9 k €	-92.9%	1,4 M €	-2.8%	1,4 M €	+4.6%	1,4 M €	+1.7%	1,3 M €	-0.1%	1,3 M €	+3.0%	1,3 M €	+29.9%	1 M €
Total assets	3,9 M €	-5.2%	4,1 M €	-3.3%	4,2 M €	-6.5%	4,5 M €	+18.4%	3,8 M €	+22.3%	3,1 M €	-8.7%	3,4 M €	+3.4%	3,3 M €	+20.5%	2,7 M €	-9.7%	3 M €	+4.9%	2,9 M €	+3.7%	2,8 M €	+18.9%	2,3 M €	-3.5%	2,4 M €	-3.6%	2,5 M €	+6.0%	2,4 M €	-4.3%	2,5 M €	+6.0%	2,3 M €	-12.8%	2,7 M €	+8.0%	2,5 M €
Cash	238,7 k €	+24.6%	191,7 k €	-37.5%	306,6 k €	-33.8%	462,9 k €	-44.5%	833,5 k €	-1.3%	844,3 k €	-37.5%	1,4 M €	+30.4%	1 M €	+79.2%	578,4 k €	-29.4%	819,6 k €	-26.6%	1,1 M €	-11.1%	1,3 M €	+18.2%	1,1 M €	+16.4%	913,4 k €	+15.4%	791,2 k €	+19.0%	665,2 k €	-30.7%	960,3 k €	+31.0%	733 k €	-47.5%	1,4 M €	+15.3%	1,2 M €
Debts	1,1 M €	-10.3%	1,2 M €	-14.1%	1,4 M €	-27.7%	1,9 M €	+5.9%	1,8 M €	+46.2%	1,3 M €	+60.6%	783,1 k €	-17.8%	952,5 k €	+54.4%	616,9 k €	-44.3%	1,1 M €	-16.1%	1,3 M €	+10.2%	1,2 M €	-39.2%	2 M €	+156%	769,1 k €	+1.2%	760 k €	+8.7%	699,3 k €	-15.5%	827,6 k €	+20.5%	687 k €	-35.8%	1,1 M €	-8.6%	1,2 M €
Other
Workforce	30,7 ETP	-16.3%	36,7 ETP	0.0%	36,7 ETP	-0.5%	36,9 ETP	+14.6%	32,2 ETP	-6.7%	34,5 ETP	-12.9%	39,6 ETP	-4.6%	41,5 ETP	+4.8%	39,6 ETP	+0.5%	39,4 ETP	+1.0%	39,0 ETP	-3.7%	40,5 ETP	+4.1%	38,9 ETP	0.0%	38,9 ETP	-0.5%	39,1 ETP	+9.5%	35,7 ETP	+0.6%	35,5 ETP	-6.3%	37,9 ETP	+3.6%	36,6 ETP	+12.3%	32,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 15 ended

Active mandates

FLOREAT QUI LABORAT

Director · since 04 mars 2020 · 0642.646.873

Represented by Pieter VERHEYDE

Active

Ended mandates

KASU

Director · since 02 mars 2020 · until 03 mai 2022 · 0810.536.255

Represented by Katleen VANDERBEKE

Ended

KASU

Director · since 02 mars 2020 · 0810.536.255

Represented by Vanderbeke KATLEEN

Ended

FLOREAT QUI LABORAT

Director · since 13 février 2020 · 0642.646.873

Represented by Pieter Verheyde

Ended

Pieter Verheyde

Manager · since 30 novembre 2014

Ended

At this address

Other companies at this address

Company	CBE no.
FLOREAT QUI LABORAT● Active	0642.646.873

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/08/2026	28/08/2025	30/08/2024	01/09/2023	31/08/2022	30/08/2021
General meeting	17/08/2026	21/06/2025	15/06/2024	17/06/2023	20/06/2022	19/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	17/08/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	21/06/2025	28/08/2025	Dutch	PDF
Abridged model	31/12/2023	15/06/2024	30/08/2024	Dutch	PDF
Abridged model	31/12/2022	17/06/2023	01/09/2023	Dutch	PDF
Abridged model	31/12/2021	20/06/2022	31/08/2022	Dutch	PDF
Abridged model	31/12/2020	19/06/2021	30/08/2021	Dutch	PDF
Abridged model	31/12/2019	20/06/2020	30/10/2020	Dutch	PDF
Abridged model	31/12/2018	15/06/2019	27/11/2019	Dutch	PDF
Abridged model	31/12/2017	16/06/2018	29/08/2018	Dutch	PDF
Abridged model	31/12/2016	17/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	18/06/2016	22/08/2016	Dutch	PDF
Abridged model	31/12/2014	20/06/2015	31/07/2015	Dutch	PDF
Abridged model	31/12/2013	21/06/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	28/10/2013	31/10/2013	Dutch	PDF
Abridged model	31/12/2011	26/05/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	28/05/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	29/05/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	30/05/2009	26/08/2009	Dutch	PDF
Abridged model	31/12/2007	31/05/2008	20/08/2008	Dutch	PDF
Abridged model	31/12/2006	26/05/2007	29/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 15 ended

Active mandates

FLOREAT QUI LABORAT

Director · since 04 mars 2020 · 0642.646.873

Represented by Pieter VERHEYDE

Active

Ended mandates

KASU

Director · since 02 mars 2020 · until 03 mai 2022 · 0810.536.255

Represented by Katleen VANDERBEKE

Ended

KASU

Director · since 02 mars 2020 · 0810.536.255

Represented by Vanderbeke KATLEEN

Ended

FLOREAT QUI LABORAT

Director · since 13 février 2020 · 0642.646.873

Represented by Pieter Verheyde

Ended

Pieter Verheyde

Manager · since 30 novembre 2014

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates06/05/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/03/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/09/2015
ONTSLAGEN - BENOEMINGEN
PDF
Registered office02/05/2014
MAATSCHAPPELIJKE ZETEL - DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates08/09/2010
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 202552,8 k €↓
2024
Annual accounts 2024257,9 k €↓
2023
Annual accounts 2023371,5 k €↓
2022
Annual accounts 2022537,6 k €↑
2021
Annual accounts 2021372,2 k €↓
2020
Annual accounts 2020404,3 k €↑
2019
Annual accounts 2019282,7 k €↑
2018
Annual accounts 2018226,3 k €↑
2017
Annual accounts 2017198,1 k €↓
2016
Annual accounts 2016352,6 k €↓
2015
Annual accounts 2015553,1 k €↑
2014
Annual accounts 2014243,4 k €↑
2013
Annual accounts 2013202,1 k €↑
2012
Annual accounts 2012160,4 k €↓
2011
Annual accounts 2011262,5 k €↑
2010
Annual accounts 2010222,5 k €↓
2009
Annual accounts 2009228,5 k €↑
2008
Annual accounts 2008139,2 k €↓
2007
Annual accounts 2007399,5 k €↑
2006
Annual accounts 2006299,9 k €
17/06/1985
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Verheyde

Overview

What does Verheyde do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline