Summary
Vyncke is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2026 annual accounts show equity of €7.8m and a net result of €292,554. Equity is growing by ~8.6% per year across the filed fiscal years. Its solvency ranks better than 78% of 119 sector peers (fiscal year 2026). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 06-08-2026, 86 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
86 d early
2025
115 d early
2024
115 d early
2023
61 d early
2022
131 d early
2021
130 d early
2020
66 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 101 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-03-2027 close31-10-2027 deadline
History
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Financials · fiscal year 2026, abbreviated schema
Equity
€7.8m▲ 3.9%
2025 · €7.5m
Net result
€292,554▼ 41.5%
2025 · €500,471
Total assets
€9.1m▲ 9.1%
2025 · €8.4m
Solvency
85.4%▼ 4.3pp
2025 · 89.6%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252026
Operating result€218,329▼ 13.7%€179,182▼ 17.9%€164,873▼ 8.0%€156,169▼ 5.3%€125,023▼ 19.9%
Net result€1.0mabove the sector's middle half▲ 144%€396,080above the sector's middle half▼ 61.9%€797,800above the sector's middle half▲ 101%€500,471above the sector's middle half▼ 37.3%€292,554▼ 41.5%
Equity€6.1mabove the sector's middle half▲ 20.7%€6.5mabove the sector's middle half▲ 6.5%€7.0mabove the sector's middle half▲ 8.5%€7.5mabove the sector's middle half▲ 7.1%€7.8m▲ 3.9%
Total assets€7.2mabove the sector's middle half▲ 11.8%€7.4mabove the sector's middle half▲ 2.5%€8.1mabove the sector's middle half▲ 9.7%€8.4mabove the sector's middle half▲ 3.6%€9.1m▲ 9.1%
Debt€1.1m▼ 19.9%€907,708▼ 19.3%€1.1m▲ 18.5%€867,509▼ 19.4%€1.3m▲ 53.8%
Working capital€2.9m▲ 54.6%€3.3m▲ 12.6%€3.9m▲ 17.5%€4.3m▲ 12.3%€2.5m▼ 42.0%
Solvency84.3%above the sector's middle half▲ 6.2pp87.7%above the sector's middle half▲ 3.3pp86.7%above the sector's middle half▼ 1.0pp89.6%above the sector's middle half▲ 3.0pp85.4%▼ 4.3pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2026 is 20% below 2025 and is the lowest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €9.1m
Fixed assets
€6.2m ▲ 68.2%
Current assets
€3.0m ▼ 37.1%
Equity and liabilities €9.1m
Equity
€7.8m ▲ 3.9%
Debt
€1.3m ▲ 53.8%
Debt's share of the balance-sheet total rises from 10.4% to 14.6%. Equity and debt are higher.
Key figures and ratios
ROE
3.8%▼
2025 · 6.7%
ROA
3.2%▼
2025 · 6.0%
Debt ≤ 1 year
€448,815▲
2025 · €376,840
Debt > 1 year
€867,240▲
2025 · €475,794
Income taxes
€30,160▼
2025 · €54,612
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €94,834 | €94,721 | €94,721 | €95,622 | €185,236 | ▲ 93.7% |
| Other operating charges640/8 | €6,391 | €6,832 | €7,546 | €7,704 | €8,967 | ▲ 16.4% |
| Gross operating margin9900 | €319,554 | €280,735 | €267,140 | €259,495 | €319,225 | ▲ 23.0% |
| Operating profit (loss)9901 | €218,329 | €179,182 | €164,873 | €156,169 | €125,023 | ▼ 19.9% |
| Financial income75/76B | €919,656 | €320,753 | €668,139 | €423,217 | €247,766 | ▼ 41.5% |
| Recurring financial income75 | €919,656 | €320,753 | €668,139 | €423,217 | €247,766 | ▼ 41.5% |
| Financial charges65/66B | €27,696 | €58,188 | -€20,466 | €24,303 | €50,076 | ▲ 106% |
| Recurring financial charges65 | €27,696 | €58,188 | -€20,466 | €24,303 | €50,076 | ▲ 106% |
| Non-recurring financial charges66B | €0 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €1.1m | €441,747 | €853,478 | €555,082 | €322,713 | ▼ 41.9% |
| Income taxes67/77 | €71,497 | €45,667 | €55,679 | €54,612 | €30,160 | ▼ 44.8% |
| Profit (loss) for the period9904 | €1.0m | €396,080 | €797,800 | €500,471 | €292,554 | ▼ 41.5% |
| Transfer to tax-exempt reserves689 | - | - | €126,300 | €84,200 | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €1.0m | €396,080 | €671,500 | €416,271 | €292,554 | ▼ 29.7% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €7.2m | €7.4m | €8.1m | €8.4m | €9.1m | ▲ 9.1% |
| Fixed assets21/28 | €4.0m | €3.9m | €3.7m | €3.7m | €6.2m | ▲ 68.2% |
| Tangible fixed assets22/27 | €1.8m | €1.7m | €1.6m | €1.5m | €2.9m | ▲ 87.7% |
| Land and buildings22 | €1.8m | €1.7m | €1.6m | €1.5m | €2.9m | ▲ 87.1% |
| Plant, machinery and equipment23 | €5,687 | €4,263 | €2,839 | €2,764 | €1,071 | ▼ 61.2% |
| Furniture and vehicles24 | - | - | - | - | €12,484 | - |
| Financial fixed assets28 | €2.2m | €2.2m | €2.1m | €2.1m | €3.3m | ▲ 54.3% |
| Current assets29/58 | €3.2m | €3.5m | €4.3m | €4.7m | €3.0m | ▼ 37.1% |
| Amounts receivable after more than one year29 | €220,988 | €185,949 | €130,428 | €61,212 | €28,112 | ▼ 54.1% |
| Other amounts receivable291 | €220,988 | €185,949 | €130,428 | €61,212 | €28,112 | ▼ 54.1% |
| Amounts receivable within one year40/41 | €194,283 | €98,846 | €518,634 | €102,734 | €87,931 | ▼ 14.4% |
| Trade receivables40 | €98,453 | €50,914 | €43,508 | €40,807 | €86,601 | ▲ 112% |
| Other amounts receivable41 | €95,830 | €47,932 | €475,127 | €61,927 | €1,330 | ▼ 97.9% |
| Current investments50/53 | €487,253 | €1.9m | €3.2m | €3.6m | €2.1m | ▼ 41.9% |
| Cash at bank and in hand54/58 | €2.3m | €1.3m | €422,511 | €890,167 | €722,251 | ▼ 18.9% |
| Deferred charges and accrued income490/1 | €4,000 | €10,225 | €31,507 | €27,417 | €16,386 | ▼ 40.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €7.2m | €7.4m | €8.1m | €8.4m | €9.1m | ▲ 9.1% |
| Equity10/15 | €6.1m | €6.5m | €7.0m | €7.5m | €7.8m | ▲ 3.9% |
| Contributions10/11 | €143,800 | €143,800 | €143,800 | €143,800 | €143,800 | = |
| Reserves13 | €5.9m | €6.3m | €6.9m | €7.4m | €7.7m | ▲ 4.0% |
| Non-distributable reserves130/1 | €15,000 | €0 | - | - | - | - |
| Reserves not available under the articles1311 | €15,000 | €0 | - | - | - | - |
| Tax-exempt reserves132 | €21,424 | €21,424 | €147,724 | €231,924 | €231,924 | = |
| Distributable reserves133 | €5.9m | €6.3m | €6.7m | €7.1m | €7.4m | ▲ 4.1% |
| Profit (loss) carried forward14 | - | - | €0 | €0 | - | - |
| Amounts payable17/49 | €1.1m | €907,708 | €1.1m | €867,509 | €1.3m | ▲ 53.8% |
| Amounts payable after more than one year17 | €825,806 | €709,135 | €592,464 | €475,794 | €867,240 | ▲ 82.3% |
| Financial debts170/4 | €825,806 | €709,135 | €592,464 | €475,794 | €867,240 | ▲ 82.3% |
| Amounts payable within one year42/48 | €287,442 | €194,748 | €478,323 | €376,840 | €448,815 | ▲ 19.1% |
| Current portion of amounts payable after more than one year42 | €116,671 | €116,671 | €116,671 | €116,671 | €169,792 | ▲ 45.5% |
| Trade debts44 | €12,438 | €15,696 | €15,527 | €12,824 | €18,512 | ▲ 44.4% |
| Suppliers440/4 | €12,438 | €15,696 | €15,527 | €12,824 | €18,512 | ▲ 44.4% |
| Taxes, remuneration and social security45 | €7,600 | €7,956 | €7,837 | €7,657 | €7,600 | ▼ 0.7% |
| Taxes450/3 | €3,900 | €4,256 | €4,137 | €3,957 | €3,900 | ▼ 1.4% |
| Remuneration and social security454/9 | €3,700 | €3,700 | €3,700 | €3,700 | €3,700 | = |
| Other amounts payable47/48 | €150,734 | €54,426 | €338,288 | €239,688 | €252,911 | ▲ 5.5% |
| Accrued charges and deferred income492/3 | €11,623 | €3,824 | €5,253 | €14,875 | €18,494 | ▲ 24.3% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.0m | €396,080 | €797,800 | €500,471 | €292,554 | ▼ 41.5% |
| + Depreciation and write-downs630 | €94,834 | €94,721 | €94,721 | €95,622 | €185,236 | ▲ 93.7% |
| Operating cash flow (approximation) | €1.1m | €490,801 | €892,521 | €596,092 | €477,789 | ▼ 19.8% |
| Investment in fixed assets (approximation) | - | €0 | €47,690 | -€15,477 | -€2.7m | ▼ 17,266% |
| Change in cash | - | -€1.0m | -€840,929 | €467,656 | -€167,916 | ▼ 136% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
06-08
NBB filing
Annual accounts filed
fiscal year 2026 · abbreviated schema
31-03
Financial
Weakest financial yearnet €292,554 ▼41.5%
Net result drops to €292,554, the lowest in the series.
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Highest result since 2019net €1.0m ▲144%
Net result €1.0m, the highest in the series.
31-03
Financial
Liquidity doublescurrent ratio 11.13
Current ratio from 5.08 to 11.13; short-term debt falls from €461,299 to €287,442.
2021
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial
Equity above €5mEq €5.0m ▲9.3%
3 profitable years in a row build equity to €5.0m.
2020
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
06-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
07-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
14-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Brugge · 1 establishment unit since 2005
Ground area
2,191 m²
Building footprint
223 m²
Volume, LiDAR
1,275 m³
Parcel 31027D0105/00C000, Flanders · tallest building 20.1 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
VYNCKE
since 20052.148.388.959
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31027D0105/00C000 | Flanders | 2,191 m² | 1 · 223 m² | 20.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holding · 2 subsidiaries in the treeOwners 0
The accounts to 31-03-2026 list no shareholders, and no other source names one.
Holdings 1
-
99.75%
All subsidiaries, including indirect ones 2
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
According to the annual accounts to 31-03-2026 of Vyncke and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 5,699 EUR awarded · 5,699 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 3,825 EUR | 3,825 EUR |
| 2024 | 1 | 1,874 EUR | 1,874 EUR |
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,773. 6,784 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-07-2005
Fiscal year end31-03
Activities, NACEBEL 2025
64210Activities of holding companies
71121Engineering and related technical consultancy, excluding land surveyors
E-invoicing
Reachable via Peppol
Peppol ID
0208:0875139047
Registered
10-03-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.