ACTIVE

VERHAERT

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Financial year 2025 · closed on 30/06/2025

Net result

-4,9 k €

-197.3% YoY

Gross margin

67 k €

-56.3% YoY

Equity

118,3 k €

-4.0% YoY

What does VERHAERT do?

VERHAERT is a Private limited company incorporated in 2012. Its main activity is: Specialised construction activities. Its registered office is in Aarschot.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0845.108.837

Incorporation

02/04/2012

Legal form

Private limited company

Registered office

Montenaken 159
3202 Aarschot · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

30/06/2025

Activities (NACE)

43410Specialised construction activities· main 43910Roofing activities 43421Specialised construction activities 43991Other specialised construction activities n.e.c.

Signals

Solid equityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 13 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013
Income statement
Gross margin	67 k €	-56.3%	153,4 k €	+2.5%	149,6 k €	+2.6%	145,8 k €	+10.8%	131,6 k €	+46.7%	89,7 k €	+67.7%	53,5 k €	-65.9%	156,8 k €	+67.1%	93,8 k €	+45.2%	64,6 k €	-3.5%	66,9 k €	+28.4%	52,1 k €	-2.8%	53,7 k €
EBITDA	64,3 k €	+2.6%	62,6 k €	+4.6%	59,9 k €	-10.0%	66,6 k €	-11.2%	75 k €	-14.2%	87,3 k €	+76.9%	49,4 k €	-68.3%	155,5 k €	+226%	47,8 k €	+119%	21,9 k €	-12.5%	25 k €	+30.4%	19,2 k €	-34.9%	29,4 k €
Operating result	-21,4 k €	-460%	6 k €	+462%	-1,6 k €	+93.0%	-23,6 k €	-174%	31,8 k €	+3.8%	30,6 k €	+157%	11,9 k €	-81.2%	63,4 k €	+192%	21,7 k €	+1037%	1,9 k €	-67.3%	5,8 k €	-7.1%	6,3 k €	-61.1%	16,2 k €
Net result	-4,9 k €	-197%	5 k €	+241%	-3,6 k €	+86.6%	-26,5 k €	-224%	21,4 k €	-17.6%	26 k €	+301%	6,5 k €	-83.6%	39,5 k €	+106%	19,1 k €	+2554%	-779 €	-127%	2,9 k €	+261%	791 €	-94.4%	14,2 k €
Balance sheet
Equity	118,3 k €	-4.0%	123,2 k €	+4.2%	118,1 k €	-2.9%	121,7 k €	-17.9%	148,2 k €	+16.9%	126,8 k €	+25.8%	100,8 k €	+6.9%	94,3 k €	+72.0%	54,8 k €	+53.5%	35,7 k €	-2.1%	36,5 k €	+8.5%	33,6 k €	+54.0%	21,8 k €
Total assets	267,9 k €	-4.1%	279,4 k €	-22.6%	361,1 k €	-20.3%	452,8 k €	+12.0%	404,1 k €	+67.3%	241,6 k €	-1.0%	244 k €	-10.5%	272,6 k €	+54.2%	176,8 k €	+11.5%	158,6 k €	+21.7%	130,3 k €	+41.0%	92,4 k €	+26.2%	73,2 k €
Cash	4,7 k €	+117%	2,1 k €	-45.7%	4 k €	-89.2%	36,5 k €	-49.5%	72,3 k €	+187%	25,2 k €	+324%	5,9 k €	-88.0%	49,4 k €	+244%	14,3 k €	+173%	5,3 k €	+253%	1,5 k €	+55.1%	959 €	+85.1%	518 €
Debts	149,6 k €	-4.3%	156,2 k €	-35.7%	242,9 k €	-26.6%	331,1 k €	+29.3%	256 k €	+123%	114,8 k €	-19.8%	143,2 k €	-19.7%	178,4 k €	+47.4%	121 k €	-1.5%	122,9 k €	+31.0%	93,8 k €	+59.6%	58,8 k €	+14.4%	51,4 k €
Other
Workforce	–		0,0 ETP		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 2 ended

Active mandates

Kristof Verhaert

Director · since 01 janvier 2014

Active

Kristiaan Verhaert

Director · since 02 avril 2012

Active

Ended mandates

Kristof Verhaert

Manager · since 01 janvier 2014

Ended

Kristiaan Verhaert

Manager · since 02 avril 2012

Ended

At this address

Other companies at this address

Company	CBE no.
L2 VERHAERT● Active	1000.537.974

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Micro model	Micro model	Micro model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/01/2026	31/01/2025	31/01/2024	27/02/2023	25/02/2022	19/02/2021
General meeting	26/11/2025	27/11/2024	29/11/2023	30/11/2022	30/11/2021	30/11/2020
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

13 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	26/11/2025	30/01/2026	Dutch	PDF
Abridged model	30/06/2024	27/11/2024	31/01/2025	Dutch	PDF
Micro model	30/06/2023	29/11/2023	31/01/2024	Dutch	PDF
Micro model	30/06/2022	30/11/2022	27/02/2023	Dutch	PDF
Micro model	30/06/2021	30/11/2021	25/02/2022	Dutch	PDF
Abridged model	30/06/2020	30/11/2020	19/02/2021	Dutch	PDF
Abridged model	30/06/2019	30/11/2019	27/02/2020	Dutch	PDF
Abridged model	30/06/2018	30/11/2018	27/02/2019	Dutch	PDF
Abridged model	30/06/2017	30/11/2017	28/02/2018	Dutch	PDF
Abridged model	30/06/2016	30/11/2016	28/02/2017	Dutch	PDF
Abridged model	30/06/2015	30/11/2015	26/02/2016	Dutch	PDF
Abridged model	30/06/2014	30/11/2014	27/02/2015	Dutch	PDF
Abridged model	30/06/2013	30/11/2013	28/02/2014	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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.

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 2 ended

Active mandates

Kristof Verhaert

Director · since 01 janvier 2014

Active

Kristiaan Verhaert

Director · since 02 avril 2012

Active

Ended mandates

Kristof Verhaert

Manager · since 01 janvier 2014

Ended

Kristiaan Verhaert

Manager · since 02 avril 2012

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates20/12/2023
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/01/2014
ONTSLAGEN - BENOEMINGEN
PDF
Other19/04/2012
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 2025-4,9 k €↓
2024
Annual accounts 20245 k €↑
2023
Annual accounts 2023-3,6 k €↑
2022
Annual accounts 2022-26,5 k €↓
2021
Annual accounts 202121,4 k €↓
2020
Annual accounts 202026 k €↑
2019
Annual accounts 20196,5 k €↓
2018
Annual accounts 201839,5 k €↑
2017
Annual accounts 201719,1 k €↑
2016
Annual accounts 2016-779 €↓
2015
Annual accounts 20152,9 k €↑
2014
Annual accounts 2014791 €↓
2013
Annual accounts 201314,2 k €
02/04/2012
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

VERHAERT

Overview

What does VERHAERT do?

Trend over 13 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