VYNCK JOHAN
ActiveVYNCK JOHAN has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €290k and a net result of €-33k. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 76% of 7687 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency100=
Growth32▼-20
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 4.93 against 8.42 in 2024), and 32.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€33k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-06-2026, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
58 d early
2024
15 d early
2023
21 d early
2022
29 d late
2021
31 d late
2020
22 d early
2019
60 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€290k▼ 20.6%
2024 · €365k
2018: €295k
2019: €367k
2020: €422k
2021: €384k
2022: €361k
2023: €393k
2024: €365k
2018 → 2025
Total assets
€430k▼ 13.8%
2024 · €499k
2018: €593k
2019: €608k
2020: €640k
2021: €582k
2022: €543k
2023: €613k
2024: €499k
2018 → 2025
Net result
€-33k▼ 16.8%
2024 · €-28k
2018: €35k
2019: €73k
2020: €56k
2021: €44k
2022: €-22k
2023: €32k
2024: €-28k
2018 → 2025
Working capital
€231k▼ 21.4%
2024 · €294k
2018: €186k
2019: €280k
2020: €335k
2021: €302k
2022: €293k
2023: €311k
2024: €294k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€384k-€361k▼ 5.8%€393k▲ 8.7%€365k▼ 7.2%€290k▼ 20.6%
Operating result€66k-€-23k€44k€-26k€-31k▼ 16.5%
Net result€44k-€-22k€32k€-28k€-33k▼ 16.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €31k in 2025 against €26k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €430k
Fixed assets
€141k▼ 15.3%
Current assets
€289k▼ 13.1%
Equity and liabilities €430k
Equity
€290k▼ 20.6%
Debt
€140k▲ 4.4%
The debt ratio rises from 26.9% to 32.6%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-5k▼
2024 · €2k
Cash flow
€-8k▼
2024 · €-242
Solvency
67.4%▼
2024 · 73.1%
Current ratio
4.93▼
2024 · 8.42
Quick ratio
4.64▼
2024 · 7.68
Debt / equity
0.48▲
2024 · 0.37
ROE
-11.3%▼
2024 · -7.7%
ROA
-7.6%▼
2024 · -5.6%
Interest coverage
-1.23▼
2024 · 0.44
Debt
€140k▲
2024 · €134k
Debt ≤ 1 year
€59k▲
2024 · €40k
Debt > 1 year
€82k▼
2024 · €94k
Income taxes
€464▼
2024 · €506
Staff costs
€652k▼
2024 · €684k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€499k€430k▼
Fixed assets21/28€166k€141k▼
Tangible fixed assets22/27€166k€141k▼
Land and buildings22€122k€112k▼
Plant, machinery and equipment23€20k€14k▼
Furniture and vehicles24€23k€13k▼
Other tangible fixed assets26€2k€1k▼
Current assets29/58€333k€289k▼
Stocks and contracts in progress3€30k€17k▼
Stocks30/36€30k€17k▼
Amounts receivable within one year40/41€136k€162k▲
Trade receivables40€114k€139k▲
Other amounts receivable41€22k€23k▲
Cash at bank and in hand54/58€155k€97k▼
Deferred charges and accrued income490/1€12k€13k▲
Equity and liabilities
Total equity and liabilities10/49€499k€430k▼
Equity10/15€365k€290k▼
Contributions10/11€101k€101k=
Reserves13€285k€243k▼
Tax-exempt reserves132€32k€32k=
Distributable reserves133€253k€211k▼
Profit (loss) carried forward14€-21k€-54k▼
Amounts payable17/49€134k€140k▲
Amounts payable after more than one year17€94k€82k▼
Financial debts170/4€94k€82k▼
Amounts payable within one year42/48€40k€59k▲
Current portion of amounts payable after more than one year42€13k€13k▲
Trade debts44€3k€15k▲
Suppliers440/4€3k€15k▲
Taxes, remuneration and social security45€20k€9k▼
Taxes450/3€4k€5k▲
Remuneration and social security454/9€16k€4k▼
Other amounts payable47/48€4k€21k▲
Accrued charges and deferred income492/3€393-
Income statement
Code20242025
Remuneration, social security and pensions62€684k€652k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€25k▼
Other operating charges640/8€6k€6k▼
Non-recurring operating charges66A€673-
Gross operating margin9900€692k€652k▼
Operating profit (loss)9901€-26k€-31k▼
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Financial charges65/66B€4k€4k▲
Recurring financial charges65€4k€4k▲
Profit (loss) for the period before taxes9903€-28k€-32k▼
Income taxes67/77€506€464▼
Profit (loss) for the period9904€-28k€-33k▼
Profit (loss) for the period to be appropriated9905€-28k€-33k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-28k€-54k▼
Profit (loss) brought forward from the previous period14P-€-21k
Transfer from equity791/2€7k€42k▲
Profit to be distributed694/7-€42k
Return on contributions (dividend)694-€42k
Social balance
Average headcount (FTE)908711.410.9▼
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-33k
Net result drops to €-33k, the lowest in the series.
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity doublescurrent ratio 8.42
Current ratio from 3.75 to 8.42; short-term debt falls from €113k to €40k.
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €32k
Net result €32k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 60 days late
2019
31-12
Financial
Highest result since 2018net €73k ▲109%
Operating result €106k, net result €73k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 56 days late
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Oostende · 2 establishment units since 2000
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Elisabethlaan 338400 OostendeGround area
1.6 ha
Building footprint
5,451 m²
Volume, LiDAR
40,029 m³
2 parcels, Flanders · tallest building 8.9 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Elisabethlaan 33, 8400 Oostende
since 20002.097.577.983
Brugsesteenweg 1B, 8450 Bredene
since 20182.273.382.367
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35302D0065/00B002 | Flanders | 1.5 ha | 1 · 5,260 m² | 8.9 m · 3 fl. |
| 35384A0171/00E002 | Flanders | 771 m² | 1 · 191 m² | 7.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
MAXIM INTERIORS
BE 0826.612.323
Wevelgem · Eq €290k
SONNEVILLE INTERIEUR
BE 0871.271.816
Aalter · Eq €289k
Basart
BE 0717.729.724
Schoten · Eq €291k
ELITE PAINTING
BE 0830.057.209
Roeselare · Eq €289k
DE NAUW
BE 0478.099.340
Ninove · Eq €291k
Of 7,816 companies in sector 43341 we hold annual accounts for 2,640. 1,828 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-08-2000
Fiscal year end31-12
Activities, NACEBEL
43341Painting of buildings
45441
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.