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Vyncke Jonas

Active
Private limited companyfounded 20223 yrs activeEekloseweg 169, 9910 Aalter, BelgiumKBO/BCE: BE 0793.875.813
Summary

The computed 12-month bankruptcy probability of Vyncke Jonas is 1.9% (moderate). The 2025 annual accounts show equity of €33,276 and a net result of €2,761. Its solvency ranks better than 34% of 33831 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Financials · fiscal year 2025, micro schema

Equity
€33,276▲ 9.0%
2024 · €30,515
Total assets
€103,413▲ 83.1%
2024 · €56,465
Net result
€2,761▼ 89.2%
2024 · €25,515
Working capital
€47,954▲ 187%
2024 · €16,704
Trend over the years

2024 to 2025, 2 fiscal years

The operating result falls in 2025; 2025 is 82% below 2024.

What the company sold each fiscal year and what was left of it. A loss stands below the zero line.

Operating result€6,203 2025 Net result€2,761 2025

Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result€34,019-€6,203▼ 81.8%
Net result€25,515within the sector's middle half-€2,761within the sector's middle half▼ 89.2%
Equity€30,515within the sector's middle half-€33,276within the sector's middle half▲ 9.0%
Total assets€56,465below the sector's middle half-€103,413within the sector's middle half▲ 83.1%
Debt€25,950-€70,136▲ 170%
Working capital€16,704within the sector's middle half-€47,954within the sector's middle half▲ 187%
Solvency54.0%within the sector's middle half-32.2%within the sector's middle half▼ 21.9pp
Current ratio1.64within the sector's middle half-2.08within the sector's middle half▲ 0.44
Return on assets (ROA)45.2%above the sector's middle half-2.7%within the sector's middle half▼ 42.5pp
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €103,413
Fixed assets €11,053 ▼ 20.0%
Current assets €92,360 ▲ 117%
Equity and liabilities €103,413
Equity €33,276 ▲ 9.0%
Debt €70,136 ▲ 170%
Debt's share of the balance-sheet total rises from 46.0% to 67.8%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€9,981▼
2024 · €39,099
Cash flow
€6,539▼
2024 · €30,595
Quick ratio
2.06▲
2024 · 1.62
Debt to equity
2.11▲
2024 · 0.85
ROE
8.3%▼
2024 · 83.6%
Interest coverage
4.04▼
2024 · 28.00
Debt ≤ 1 year
€44,406▲
2024 · €25,950
Debt > 1 year
€25,730
Income taxes
€972▼
2024 · €7,108
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,546 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
2.3% went bankrupt
3.1% stopped otherwise
94% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.9% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,546 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€56,465€103,413▲
Fixed assets21/28€13,811€11,053▼
Intangible fixed assets21€1€1=
Tangible fixed assets22/27€13,810€11,052▼
Plant, machinery and equipment23€7,098€5,240▼
Furniture and vehicles24€6,305€5,524▼
Other tangible fixed assets26€408€288▼
Current assets29/58€42,654€92,360▲
Stocks and contracts in progress3€725€725=
Stocks30/36€725€725=
Amounts receivable within one year40/41€40,832€82,001▲
Trade receivables40€26,697€38,388▲
Other amounts receivable41€14,135€43,613▲
Cash at bank and in hand54/58€1,097€5,548▲
Deferred charges and accrued income490/1-€4,086
Equity and liabilities
Total equity and liabilities10/49€56,465€103,413▲
Equity10/15€30,515€33,276▲
Contributions10/11€5,000€5,000=
Reserves13€25,515€28,276▲
Distributable reserves133€25,515€28,276▲
Amounts payable17/49€25,950€70,136▲
Amounts payable after more than one year17-€25,730
Financial debts170/4-€25,730
Amounts payable within one year42/48€25,950€44,406▲
Trade debts44€18,842€41,855▲
Suppliers440/4€18,842€41,855▲
Taxes, remuneration and social security45€7,108€2,551▼
Taxes450/3€7,108€2,551▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,080€3,778▼
Other operating charges640/8€1,716€800▼
Gross operating margin9900€40,815€10,781▼
Operating profit (loss)9901€34,019€6,203▼
Financial income75/76B-€3
Recurring financial income75-€3
Financial charges65/66B€1,396€2,473▲
Recurring financial charges65€1,396€2,473▲
Profit (loss) for the period before taxes9903€32,623€3,733▼
Income taxes67/77€7,108€972▼
Profit (loss) for the period9904€25,515€2,761▼
Profit (loss) for the period to be appropriated9905€25,515€2,761▼
Appropriation of the result
Profit (loss) to be appropriated9906€25,515€2,761▼
Transfer to equity691/2€25,515€2,761▼
To other reserves6921€25,515€2,761▼

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,080€3,778▼ 25.6%
Other operating charges640/8€1,716€800▼ 53.4%
Gross operating margin9900€40,815€10,781▼ 73.6%
Operating profit (loss)9901€34,019€6,203▼ 81.8%
Financial income75/76B-€3-
Recurring financial income75-€3-
Financial charges65/66B€1,396€2,473▲ 77.1%
Recurring financial charges65€1,396€2,473▲ 77.1%
Profit (loss) for the period before taxes9903€32,623€3,733▼ 88.6%
Income taxes67/77€7,108€972▼ 86.3%
Profit (loss) for the period9904€25,515€2,761▼ 89.2%
Profit (loss) for the period to be appropriated9905€25,515€2,761▼ 89.2%
Line20242025Change
Assets
Total assets20/58€56,465€103,413▲ 83.1%
Fixed assets21/28€13,811€11,053▼ 20.0%
Intangible fixed assets21€1€1=
Tangible fixed assets22/27€13,810€11,052▼ 20.0%
Plant, machinery and equipment23€7,098€5,240▼ 26.2%
Furniture and vehicles24€6,305€5,524▼ 12.4%
Other tangible fixed assets26€408€288▼ 29.4%
Current assets29/58€42,654€92,360▲ 117%
Stocks and contracts in progress3€725€725=
Stocks30/36€725€725=
Amounts receivable within one year40/41€40,832€82,001▲ 101%
Trade receivables40€26,697€38,388▲ 43.8%
Other amounts receivable41€14,135€43,613▲ 209%
Cash at bank and in hand54/58€1,097€5,548▲ 406%
Deferred charges and accrued income490/1-€4,086-
Equity and liabilities
Total equity and liabilities10/49€56,465€103,413▲ 83.1%
Equity10/15€30,515€33,276▲ 9.0%
Contributions10/11€5,000€5,000=
Reserves13€25,515€28,276▲ 10.8%
Distributable reserves133€25,515€28,276▲ 10.8%
Amounts payable17/49€25,950€70,136▲ 170%
Amounts payable after more than one year17-€25,730-
Financial debts170/4-€25,730-
Amounts payable within one year42/48€25,950€44,406▲ 71.1%
Trade debts44€18,842€41,855▲ 122%
Suppliers440/4€18,842€41,855▲ 122%
Taxes, remuneration and social security45€7,108€2,551▼ 64.1%
Taxes450/3€7,108€2,551▼ 64.1%
Line20242025Change
Profit (loss) for the period9904€25,515€2,761▼ 89.2%
+ Depreciation and write-downs630€5,080€3,778▼ 25.6%
Operating cash flow (approximation)€30,595€6,539▼ 78.6%
Investment in fixed assets (approximation)--€1,019-
Change in cash-€4,451-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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