Skip to content

VYNCKE CHRIS

Active
Private limited companyfounded 200719 yrs activeLavoordestraat 30, 8750 Wingene, BelgiumKBO/BCE: BE 0890.372.502

VYNCKE CHRIS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €61k and a net result of €7k. Equity is growing by ~8.2% per year across the filed fiscal years. Its solvency ranks better than 45% of 36373 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2024
63 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability75▼-5
Solvency67▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity short (current ratio 0.64 against 0.6 in 2023; short-term debt: 45.4% and cash: 0.7% of total assets), and 58.1% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 19 years 0 20 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
41.9%
Return on assets
5.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
38 d early
2023
35 d early
2022
32 d early
2021
35 d early
2020
33 d early
2019
26 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€61k▲ 8.7%
2023 · €56k
2018: €45k 2019: €41k 2020: €40k 2021: €48k 2022: €49k 2023: €56k
2018 → 2024
Total assets
€146k▼ 9.7%
2023 · €162k
2018: €203k 2019: €176k 2020: €186k 2021: €228k 2022: €189k 2023: €162k
2018 → 2024
Net result
€7k▼ 48.6%
2023 · €14k
2018: €7k 2019: €3k 2020: €16k 2021: €8k 2022: €5k 2023: €14k
2018 → 2024
Working capital
€-24k▲ 35.1%
2023 · €-37k
2018: €-19k 2019: €-24k 2020: €-33k 2021: €-32k 2022: €-41k 2023: €-37k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€40k-€48k▲ 19.9%€49k▲ 1.0%€56k▲ 15.2%€61k▲ 8.7%
Operating result€24k-€14k▼ 38.9%€12k▼ 15.9%€24k▲ 100%€13k▼ 47.9%
Net result€16k-€8k▼ 49.0%€5k▼ 38.1%€14k▲ 190%€7k▼ 48.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10k€20kOperating result 2020: €24k€24kNet result 2020: €16k€16kOperating result 2021: €14k€14kNet result 2021: €8k€8kOperating result 2022: €12k€12kNet result 2022: €5k€5kOperating result 2023: €24k€24kNet result 2023: €14k€14kOperating result 2024: €13k€13kNet result 2024: €7k€7k20202021202220232024
The operating result falls in 2024; 2024 is 48% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €146k
Fixed assets €104k▼ 3.1%
Current assets €42k▼ 22.7%
Equity and liabilities €146k
Equity €61k▲ 8.7%
Provisions €86▼ 58.3%
Debt €85k▼ 19.5%
The debt ratio falls from 65.1% to 58.1%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€43k
2023 · €52k
Cash flow
€38k
2023 · €43k
Solvency
41.9%
2023 · 34.7%
Current ratio
0.64
2023 · 0.60
Quick ratio
0.34
2023 · 0.56
Debt / equity
1.39
2023 · 1.87
ROE
12.1%
2023 · 25.7%
ROA
5.1%
2023 · 8.9%
Interest coverage
18.78
2023 · 16.00
Debt
€85k
2023 · €105k
Debt ≤ 1 year
€66k
2023 · €92k
Debt > 1 year
€18k
2023 · €13k
Income taxes
€3k
2023 · €7k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€162k€146k
Fixed assets21/28€107k€104k
Tangible fixed assets22/27€107k€104k
Land and buildings22€51k€43k
Plant, machinery and equipment23€19k€17k
Furniture and vehicles24€24k€38k
Leasing and similar rights25€13k€5k
Current assets29/58€55k€42k
Stocks and contracts in progress3€3k€20k
Stocks30/36€2k€10k
Contracts in progress37€1k€9k
Amounts receivable within one year40/41€50k€20k
Trade receivables40€42k€9k
Other amounts receivable41€8k€11k
Cash at bank and in hand54/58€13€1k
Deferred charges and accrued income490/1€1k€2k
Equity and liabilities
Total equity and liabilities10/49€162k€146k
Equity10/15€56k€61k
Contributions10/11€6k€6k=
Reserves13€46k€48k
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Tax-exempt reserves132€823€343
Distributable reserves133€43k€48k
Profit (loss) carried forward14€4k€7k
Provisions and deferred taxes16€206€86
Deferred taxes168€206€86
Amounts payable17/49€105k€85k
Amounts payable after more than one year17€13k€18k
Financial debts170/4€13k€18k
Amounts payable within one year42/48€92k€66k
Current portion of amounts payable after more than one year42€32k€17k
Financial debts43€7k€2k
Credit institutions430/8€7k€2k
Trade debts44€31k€32k
Suppliers440/4€31k€32k
Taxes, remuneration and social security45€11k€4k
Taxes450/3€11k€4k
Other amounts payable47/48€11k€12k
Accrued charges and deferred income492/3€301-
Income statement Code20232024
Non-recurring operating income76A-€3k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€31k
Other operating charges640/8€2k€3k
Gross operating margin9900€55k€46k
Operating profit (loss)9901€24k€13k
Financial income75/76B€0€2
Recurring financial income75€0€2
Financial charges65/66B€3k€2k
Recurring financial charges65€3k€2k
Profit (loss) for the period before taxes9903€21k€10k
Transfer from deferred taxes780€120€120=
Income taxes67/77€7k€3k
Profit (loss) for the period9904€14k€7k
Transfer from tax-exempt reserves789€480€480=
Profit (loss) for the period to be appropriated9905€15k€8k
Appropriation of the result
Profit (loss) to be appropriated9906€19k€12k
Profit (loss) brought forward from the previous period14P€4k€4k
Transfer from equity791/2€7k€4k
Transfer to equity691/2€15k€8k
To other reserves6921€15k€8k
Profit to be distributed694/7€7k€3k
Return on contributions (dividend)694€7k€3k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

2025
23-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
26-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
26-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Highest result since 2018net €16k ▲514%
Net result €16k, the highest in the series.
05-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Weakest financial yearnet €3k ▼64.5%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
25-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
26-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
16-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated 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, Wingene · 1 establishment unit since 2007
establishment The establishment unit on the map
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.

Lavoordestraat 308750 Wingene
Ground area
882 m²
Building footprint
146 m²
Volume, LiDAR
636 m³
Parcel 37018B0521/00S000, Flanders · tallest building 7.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
VYNCKE CHRIS
Lavoordestraat 30, 8750 WingeneNACE 4521101
since 20072.163.748.613
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
37018B0521/00S000 Flanders 882 m² 1 · 145 m² 7.0 m · 1 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 1,854 EUR awarded · 1,854 EUR paid
Year Entries awardedpaid
2025 1 1,854 EUR1,854 EUR
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
1 entry · 1,854 EUR · 1,854 EUR paid · Vlaams Energie- en Klimaatagentschap

Similar companies · same sector, comparable size

Of 20,026 companies in sector 43320 we hold annual accounts for 9,136. 7,541 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded27-06-2007
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
45421
41001General construction of residential buildings
43230Insulation installation
43291Specialised construction activities
43331Floor and wall tiling
43410Roofing work
45211
45220
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.