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 has been growing by about 8.6% per year since 2019. Its solvency ranks better than 78% of 321 sector peers (NACE 64, financial year 2026). The company has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 18-07-2005 Normal situation
- Activity
- Activities of holding companies NACE 64210and 1 other
- Establishment unit
- 2.148.388.959 8200 Brugge, since 18-07-2005
- Financial year end
- 31 March
- Peppol
- Reachable since 10-03-2025
Board and ownership
- Nicolas VynckeDirector · since 23-06-2022
- Nicolas Vynckeannual accounts 31-03-2019
- Holdings
- Shares in 1 company INGENIUM
Financial position
- Profit
- €292,554
- ▼ 41.5%
- Equity
- €7.8m
- ▲ 3.9%
- Total assets
- €9.1m
- ▲ 9.1%
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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Signals
The company filed its last 7 accounts on average 101 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2026, abbreviated format
Annual accounts 2026 filed on 06-08-2026 at the NBB all 20 filings
2022 to 2026, 5 financial years 2019 to 2026, 8 financial years
The operating result for 2026 is 20% lower than in 2025 and the lowest since 2022. It is the fourth fall in a row.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Securities and guarantees
| Item | 31-03-2022 | 31-03-2023 | 31-03-2024 | 31-03-2025 | 31-03-2026 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €942,477 | €825,806 | €709,135 | €592,464 | €1.0m |
| Mortgage mandates | €850,000 | €850,000 | €850,000 | €850,000 | €850,000 |
| Carrying value of the mortgaged assets | €1.8m | €1.7m | €1.6m | €1.5m | €2.9m |
| Pledge on other assets, amount secured | - | - | - | - | €600,000 |
| Carrying value of the other pledged assets | - | - | - | - | €643,563 |
Source: notes to the 2022 to 2026 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 31-03-2022 | 31-03-2023 | 31-03-2024 | 31-03-2025 | 31-03-2026 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €15,477 | €1.5m |
| Financial fixed assets | - | - | €75,510 | - | €1.2m |
| Depreciation and write-downs of the year | €94,834 | €94,721 | €94,721 | €95,622 | €185,236 |
Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2024 to 2025 · 2 entries · €5,699 awarded · €5,699 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €3,825 | €3,825 |
| 2024 | 1 | €1,874 | €1,874 |
Comparable companies
These companies have the same main activity as Vyncke: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €7.6m and €10m, founded between 2003 and 2006.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| Vyncke Brugge | 2005 | €9.1m | €7.8m | €0.3m | €0.3m | - | 2026 |
| HOET INVESTMENT Koekelare | 2006 | €8.8m | €7.9m | €0.4m | €1.3m | - | 2025 |
| CLEMENTINE COCQUYT Torhout | 2003 | €8.4m | €7.5m | €0.4m | €0.2m | - | 2025 |
| CEOLAN Knokke-Heist | 2003 | €10.1m | €5.8m | €0.4m | -€0.09m | 3 | 2025 |
| PUPPIS Roeselare | 2004 | €7.6m | €3.3m | €0.3m | €0.07m | - | 2025 |
| KH BEHEER Knokke-Heist | 2005 | €8.7m | €0.5m | €0.2m | -€0.3m | 0 | 2025 |
| De Groote Lieven Nazareth-De Pinte | 2005 | €10.0m | €6.6m | €0.4m | €1.0m | 2.8 | 2026 |
They were chosen from the 20,097 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.09m | €0.1m | €0.09m | €0.09m | €0.09m | €0.09m | €0.1m | €0.2m | ▲ 93.7% |
| Other operating charges640/8 | - | - | - | €0.006m | €0.007m | €0.008m | €0.008m | €0.009m | ▲ 16.4% |
| Gross operating margin9900 | €0.3m | €0.3m | €0.4m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | ▲ 23.0% |
| Operating profit (loss)9901 | €0.2m | €0.2m | €0.3m | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | ▼ 19.9% |
| Financial income75/76B | - | - | - | €0.9m | €0.3m | €0.7m | €0.4m | €0.2m | ▼ 41.5% |
| Recurring financial income75 | €0.2m | €0.3m | €0.2m | €0.9m | €0.3m | €0.7m | €0.4m | €0.2m | ▼ 41.5% |
| Financial charges65/66B | - | - | - | €0.03m | €0.06m | -€0.02m | €0.02m | €0.05m | ▲ 106% |
| Recurring financial charges65 | €0.03m | €0.05m | €0.009m | €0.03m | €0.06m | -€0.02m | €0.02m | €0.05m | ▲ 106% |
| Non-recurring financial charges66B | - | - | - | €0 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €0.4m | €0.4m | €0.5m | €1.1m | €0.4m | €0.9m | €0.6m | €0.3m | ▼ 41.9% |
| Income taxes67/77 | €0.05m | €0.05m | €0.06m | €0.07m | €0.05m | €0.06m | €0.05m | €0.03m | ▼ 44.8% |
| Profit (loss) for the period9904 | €0.3m | €0.4m | €0.4m | €1.0m | €0.4m | €0.8m | €0.5m | €0.3m | ▼ 41.5% |
| Transfer to tax-exempt reserves689 | - | - | - | - | - | €0.1m | €0.08m | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €0.3m | €0.4m | €0.4m | €1.0m | €0.4m | €0.7m | €0.4m | €0.3m | ▼ 29.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €5.9m | €6.1m | €6.4m | €7.2m | €7.4m | €8.1m | €8.4m | €9.1m | ▲ 9.1% |
| Formation expenses20 | €0 | - | - | - | - | - | - | - | - |
| Fixed assets21/28 | €4.3m | €4.2m | €4.1m | €4.0m | €3.9m | €3.7m | €3.7m | €6.2m | ▲ 68.2% |
| Intangible fixed assets21 | €0 | - | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €2.1m | €2.0m | €1.9m | €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 | - | - | - | €0.006m | €0.004m | €0.003m | €0.003m | €0.001m | ▼ 61.2% |
| Furniture and vehicles24 | - | - | - | - | - | - | - | €0.01m | - |
| Financial fixed assets28 | €2.2m | €2.2m | €2.2m | €2.2m | €2.2m | €2.1m | €2.1m | €3.3m | ▲ 54.3% |
| Current assets29/58 | €1.6m | €1.9m | €2.3m | €3.2m | €3.5m | €4.3m | €4.7m | €3.0m | ▼ 37.1% |
| Amounts receivable after more than one year29 | - | - | - | €0.2m | €0.2m | €0.1m | €0.06m | €0.03m | ▼ 54.1% |
| Other amounts receivable291 | - | - | - | €0.2m | €0.2m | €0.1m | €0.06m | €0.03m | ▼ 54.1% |
| Stocks and contracts in progress3 | €0 | - | - | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €0.3m | €0.2m | €0.4m | €0.2m | €0.1m | €0.5m | €0.1m | €0.09m | ▼ 14.4% |
| Trade receivables40 | - | - | - | €0.1m | €0.05m | €0.04m | €0.04m | €0.09m | ▲ 112% |
| Other amounts receivable41 | - | - | - | €0.1m | €0.05m | €0.5m | €0.06m | €0.001m | ▼ 97.9% |
| Current investments50/53 | €0.2m | €0.2m | €0.2m | €0.5m | €1.9m | €3.2m | €3.6m | €2.1m | ▼ 41.9% |
| Cash at bank and in hand54/58 | €0.9m | €1.2m | €1.4m | €2.3m | €1.3m | €0.4m | €0.9m | €0.7m | ▼ 18.9% |
| Deferred charges and accrued income490/1 | - | - | - | €0.004m | €0.01m | €0.03m | €0.03m | €0.02m | ▼ 40.2% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €5.9m | €6.1m | €6.4m | €7.2m | €7.4m | €8.1m | €8.4m | €9.1m | ▲ 9.1% |
| Equity10/15 | €4.2m | €4.6m | €5.0m | €6.1m | €6.5m | €7.0m | €7.5m | €7.8m | ▲ 3.9% |
| Contributions10/11 | €0.1m | €0 | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Reserves13 | €4.1m | €4.5m | €4.9m | €5.9m | €6.3m | €6.9m | €7.4m | €7.7m | ▲ 4.0% |
| Non-distributable reserves130/1 | - | - | - | €0.02m | €0 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.02m | €0 | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | €0.02m | €0.02m | €0.1m | €0.2m | €0.2m | = |
| Distributable reserves133 | - | - | - | €5.9m | €6.3m | €6.7m | €7.1m | €7.4m | ▲ 4.1% |
| Profit (loss) carried forward14 | €0 | - | - | - | - | €0 | €0 | - | - |
| Provisions and deferred taxes16 | €0 | - | - | - | - | - | - | - | - |
| Amounts payable17/49 | €1.7m | €1.5m | €1.4m | €1.1m | €0.9m | €1.1m | €0.9m | €1.3m | ▲ 53.8% |
| Amounts payable after more than one year17 | €1.2m | €1.1m | €0.9m | €0.8m | €0.7m | €0.6m | €0.5m | €0.9m | ▲ 82.3% |
| Financial debts170/4 | - | - | - | €0.8m | €0.7m | €0.6m | €0.5m | €0.9m | ▲ 82.3% |
| Amounts payable within one year42/48 | €0.5m | €0.5m | €0.5m | €0.3m | €0.2m | €0.5m | €0.4m | €0.4m | ▲ 19.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 45.5% |
| Trade debts44 | €0.1m | €0.02m | €0.02m | €0.01m | €0.02m | €0.02m | €0.01m | €0.02m | ▲ 44.4% |
| Suppliers440/4 | - | - | - | €0.01m | €0.02m | €0.02m | €0.01m | €0.02m | ▲ 44.4% |
| Taxes, remuneration and social security45 | - | - | - | €0.008m | €0.008m | €0.008m | €0.008m | €0.008m | ▼ 0.7% |
| Taxes450/3 | - | - | - | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | ▼ 1.4% |
| Remuneration and social security454/9 | - | - | - | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | = |
| Other amounts payable47/48 | - | - | - | €0.2m | €0.05m | €0.3m | €0.2m | €0.3m | ▲ 5.5% |
| Accrued charges and deferred income492/3 | - | - | - | €0.01m | €0.004m | €0.005m | €0.01m | €0.02m | ▲ 24.3% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.3m | €0.4m | €0.4m | €1.0m | €0.4m | €0.8m | €0.5m | €0.3m | ▼ 41.5% |
| + Depreciation and write-downs630 | €0.09m | €0.1m | €0.09m | €0.09m | €0.09m | €0.09m | €0.1m | €0.2m | ▲ 93.7% |
| Operating cash flow (approximation) | €0.4m | €0.5m | €0.5m | €1.1m | €0.5m | €0.9m | €0.6m | €0.5m | ▼ 19.8% |
| Investment in fixed assets (approximation) | - | €0 | €0.02m | €0 | €0 | €0.05m | -€0.02m | -€2.7m | ▼ 17,266% |
| Change in cash | - | €0.3m | €0.2m | €0.9m | -€1.0m | -€0.8m | €0.5m | -€0.2m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 20 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2026 | abbreviated format | 06-08-2026 | 2026-00385439 | NBB |
| 31-03-2025 | abbreviated format | 08-07-2025 | 2025-00254635 | |
| 31-03-2024 | abbreviated format | 08-07-2024 | 2024-00223253 | |
| 31-03-2023 | abbreviated format | 31-08-2023 | 2023-00414059 | |
| 31-03-2022 | abbreviated format | 22-06-2022 | 2022-20081588 | |
| 31-03-2021 | abbreviated format | 23-06-2021 | 2021-23200080 | |
| 31-03-2020 | abbreviated format | 26-08-2020 | 2020-44800252 | |
| 31-03-2019 | abbreviated format | 06-09-2019 | 2019-63800121 | |
| 31-03-2018 | abbreviated format | 07-09-2018 | 2018-62400275 | |
| 31-03-2017 | abbreviated format | 14-09-2017 | 2017-61000296 |
Board & ownership
Directors
Owners and capital
Shareholders
1 ownerOwners 1
- Nicolas Vynckenatural personSourceown accounts 31-03-2019share not stated
Capital transactions
- Nicolas VYNCKE all shares
- 15-07-2022 Converted to available equity
Network & group
Holdings and subsidiaries
1 holding · 2 subsidiaries, including indirect onesHoldings 1
- INGENIUMsubsidiarySourceown accounts 31-03-2026Equity €2.2m Profit of €423,019 in 2025 (profit of €823,474 in 2024) Checked score 9299.75%
Companies at the same address
1 other companyConnections & network
2 connected companiesThe connected companies are in the list below.
Timeline
Acts, filings and financial milestones
15-07
Gazette deed
Resignation: Nicolas VYNCKE (director)Appointment: Nicolas VYNCKE (director) · Capital conversion · Amendment of the articles9 points ▸
- General meeting, 23-06-2022
- Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm, statuten aanpassen aan Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Capital conversion, “beschikbaar voor uitkering” (deed in Dutch)
- Amendment of the articles
- Director resignation, Nicolas VYNCKE
- Director appointment, Nicolas VYNCKE (director (not named in the articles))
- Registered office clause, “adres behouden doch niet langer in statuten opnemen, 8200 Brugge (Sint-Andries),Varenslaan 22” (deed in Dutch)
- Power of attorney
- Nicolas VYNCKE holds all the shares
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
12 activities
- Alle financiële en beheersverrichtingen met betrekking tot eigen roerend vermogen en met betrekking tot onroerend vermogen,onder meer,krediet en financiering,belegging van eigen roerend vermogen en van onroerend vermogen,het nemen van participaties in nieuwe en bestaande vennootschappen,beheren van eigen roerend en van onroerend vermogen,hypothecaire en andere borgstelling,commissie- en delcredereverrichtingen,voor zover dit alles wettelijk is toegelaten
- De vennootschap mag geenszins aan vermogensbeheer of beleggingsadvies doen als bedoeld in de wetten en koninklijke besluiten op de financiële transacties en de financiële markten en over het vermogensbeheer en het beleggingsadvies
- Het stellen van persoonlijke of zakelijke borgen in het voordeel van derden
- Het verwerven en huren met het oog op het verhuren en onderverhuren van onroerende goederen en eigen roerende installaties
- Het optreden als bestuurder of vereffenaar in andere vennootschappen
- Een patrimonium bestaande uit eigen roerende en onroerende goederen te verwerven,te behouden,in de ruimste zin van het woord te beheren en oordeelkundig uit te breiden
- Binnen dit kader mag de vennootschap overgaan tot het aankopen,verkopen,bouwen,verbouwen,uitrusten,opschikken,herstellen,valoriseren,verhuren,onderverhuren of in pand nemen,maar ook eventueel verkopen van alle onroerende goederen,al dan niet gemeubeld
- Elke dienstverlening op het gebied van management,het beheer en het bestuur van en alle adviesverlening aan bedrijven,personen en vennootschappen
- Het aanleren van managementtechnieken,het geven van commerciële en managementtrainingen,het organiseren van cursussen en seminaries op het gebied van ingenieurskunde en management
- Het optreden als commissionair,tussenpersoon,zowel voor eigen rekening als voor rekening van derden bij alle commerciële activiteiten
- Het nemen van participaties onder welke vorm ook,in alle bestaande en op te richten vennootschappen en ondernemingen,het beheren en valoriseren van eigen roerende waarden en participaties,het verlenen van financiële en andere bijstand aan de vennootschappen en ondernemingen waarin ze belangen heeft
- Voor eigen rekening of voor rekening van derden alle handelingen verrichten die van aard zijn de verwezenlijking ervan geheel of ten dele te vergemakkelijken
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 31027D0105/00C000 | Flanders | 2,191 m² | 1 · 223 m² | 20.1 m · 2 |