ACTIVE

Verhelst Machines

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Financial year 2025 · Closed on 31/12/2025

Net result-1,5 M €-90,7 %over 1 year
Revenue15,1 M €-10,1 %over 1 year
Equity223,3 k €-86,8 %over 1 year
Workforce38,8 ETP-5,8 %over 1 year

Identity

Source · BCE/KBO

Verhelst Machines is a Public limited company incorporated in 1997. Its main activity is: Wholesale of mining, construction and civil engineering machinery. Its registered office is in Oostende. It employs on average 38,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0460.700.510
Incorporation
02/06/1997
Legal form
Public limited company
Registered office
Oudenburgsesteenweg 106
8400 Oostende · FlandreSee on map
Contributed capital
61 973,38 €
Latest accounts
31/12/2025
Average workforce
38,8 ETP
Joint committees (3)
  • 14904
  • 200
  • 218
Signals
Positive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 18 financial years

20252024202320222021
Income statement
Revenue15,1 M €16,8 M €16,4 M €12,6 M €16,7 M €
EBITDA3,5 M €4,2 M €3,6 M €4,2 M €3,3 M €
Operating result-692,9 k €113,6 k €530,2 k €215,3 k €247,2 k €
Net result-1,5 M €-769 k €-166,6 k €30 k €100,7 k €
Balance sheet
Equity223,3 k €1,7 M €2,5 M €2,6 M €2,6 M €
Total assets34,6 M €38,4 M €36 M €29,3 M €21,6 M €
Cash346,2 k €193,6 k €111,4 k €70,8 k €37,1 k €
Debts33 M €35,4 M €32,4 M €25 M €18 M €
Other
Workforce38,8 ETP41,2 ETP39,1 ETP37,6 ETP35,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 21 ended

Active mandates

VERHELST GROUP

Managing director · since 27 juin 2025 · until 28 juin 2030 · 0466.316.018

Represented by Johan VERHELST

Active
Caroline VANHEEDE

Director · since 28 mars 2019 · until 27 juin 2025

Active

Ended mandates

Caroline VANHEEDE

Director · since 28 mars 2019 · until 17 mai 2025

Ended
VERHELST GROUP

Managing director · since 28 mars 2019 · until 27 juin 2025 · 0466.316.018

Represented by Johan VERHELST

Ended
VERHELST GROUP

Managing director · since 28 mars 2019 · until 17 mai 2025 · 0466.316.018

Represented by Johan VERHELST

Ended
BOUW BEHEER

Director · since 09 mai 2018 · until 04 mai 2024 · 0454.532.201

Represented by Kathleen Verhelst

Ended

Other companies at this address

Oudenburgsesteenweg 106 8400 Oostende
CompanyCBE no.
BALEGRO● Active
0420.538.847
BTW-eenheid Verhelst Group● Active
0715.511.491
DRONGEN E40● Active
0792.867.706
EUROPEAN PORT SERVICES● Active
0421.687.605
GECA INVEST● Active
0471.743.266
RECYC WEST● Active
0455.261.085
TERRA COSA● Active
0881.076.239
T.M.C. BELGIUM● Active
0427.365.766
TM Verhelst-Vanlerberghe● Active
0761.666.467
TopAsfalt● Active
0508.599.407
Top-Mix● Active
0415.555.324
TOP-MIX RECYCLING● Active
0720.650.018
Transport Janssens● Active
0415.603.626
VERHELST AANNEMINGEN● Active
0405.262.931
VERHELST Aannemingen - SOETAERT Algemene Ondernemingen 2● Active
0651.868.506
VERHELST GROUP● Active
0466.316.018
Verhelst Immo● Active
0416.873.534
VERHELST IMMO II● Active
0444.033.930
VERHELST SERVICES● Active
1016.042.930

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 date15/07/202615/07/202515/07/202427/06/202329/06/202214/07/2021
General meeting26/06/202627/06/202528/06/202420/05/202321/05/202223/06/2021
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 model31/12/202526/06/202615/07/2026DutchPDF
Full model31/12/202427/06/202515/07/2025DutchPDF
Full model31/12/202328/06/202415/07/2024DutchPDF
Full model31/12/202220/05/202327/06/2023DutchPDF
Full model31/12/202121/05/202229/06/2022DutchPDF
Full model31/12/202023/06/202114/07/2021DutchPDF
Full model31/12/201916/05/202023/06/2020DutchPDF
Full model31/12/201818/05/201921/06/2019DutchPDF
Full model31/12/201721/06/201809/07/2018DutchPDF
Full model31/12/201630/06/201707/07/2017DutchPDF
Full model31/12/201524/06/201613/07/2016DutchPDF
Abridged model31/12/201426/06/201516/07/2015DutchPDF
Abridged model31/12/201327/06/201414/07/2014DutchPDF
Abridged model31/12/201228/06/201312/07/2013DutchPDF
Abridged model31/12/201129/06/201211/07/2012DutchPDF
Abridged model31/12/201024/06/201112/07/2011DutchPDF
Abridged model31/12/200925/06/201028/06/2010DutchPDF
Abridged model31/12/200826/06/200907/07/2009DutchPDF
Abridged model31/12/200727/06/200810/07/2008DutchPDF
Abridged model31/12/200629/06/200716/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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

2 active · 21 ended

Active mandates

VERHELST GROUP

Managing director · since 27 juin 2025 · until 28 juin 2030 · 0466.316.018

Represented by Johan VERHELST

Active
Caroline VANHEEDE

Director · since 28 mars 2019 · until 27 juin 2025

Active

Ended mandates

Caroline VANHEEDE

Director · since 28 mars 2019 · until 17 mai 2025

Ended
VERHELST GROUP

Managing director · since 28 mars 2019 · until 27 juin 2025 · 0466.316.018

Represented by Johan VERHELST

Ended
VERHELST GROUP

Managing director · since 28 mars 2019 · until 17 mai 2025 · 0466.316.018

Represented by Johan VERHELST

Ended
BOUW BEHEER

Director · since 09 mai 2018 · until 04 mai 2024 · 0454.532.201

Represented by Kathleen Verhelst

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates14/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates22/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/11/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/11/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other28/12/2018
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN
    PDF
  • Mandates10/10/2018
    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 2025-1,5 M €↓
  2. 2024
    Annual accounts 2024-769 k €↓
  3. 2023
    Annual accounts 2023-166,6 k €↓
  4. 2022
    Annual accounts 202230 k €↓
  5. 2021
    Annual accounts 2021100,7 k €↓
  6. 2020
    Annual accounts 2020175,3 k €↓
  7. 2019
    Annual accounts 2019234,6 k €↑
  8. 2018
    Annual accounts 2018-46,4 k €↓
  9. 2017
    Annual accounts 20171,5 M €↑
  10. 2016
    Annual accounts 2016-208,2 k €↓
  11. 2015
    Annual accounts 2015161,9 k €↑
  12. 2014
    Annual accounts 201436,5 k €↓
  13. 2013
    Annual accounts 2013201,5 k €↑
  14. 2012
    Annual accounts 201239,3 k €↑
  15. 2011
    Annual accounts 2011-2 k €↓
  16. 2010
    Annual accounts 201035 k €↑
  17. 2009
    Annual accounts 2009-17,2 k €↓
  18. 2008
    Annual accounts 20083,5 k €
  19. 02/06/1997
    IncorporationPublic limited company