VYNCKO
ActiveFrom the official registers: KBO 17 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
VYNCKO has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€39,587) and a net result of -€28,371. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 10% of 9,829 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Overview
Official details
KBO- Status
- Active since 14-01-2009 Normal situation
- Activity
- Wholesale of fruit and vegetables, excluding potatoes NACE 46319and 2 others
- Establishment unit
- 2.229.590.728 9870 Zulte, since 17-04-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 09-02-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.7%
- Gross margin
- €176,021
- ▲ 385%
- Turnover
- ≈ €1.4m
- estimated
- Loss
- €28,371
- Equity
- -€39,587
- ▼ 253%
- Total assets
- €429,781
- ▼ 30.3%
Score breakdownraises riskCapped at 59: negative equityNegative equity -€39,587Loss of €28,371 (financial year 2025)lowers riskSize: total assets €429,781Founded in 2009Show the evidence
Checked score
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 14% of them on solvency, 20% on liquidity, 45% on profitability and 2% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 71 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 12-05-2026 PDF all 17 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is a loss of €27,691, after a profit of €1,551 in 2024.
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 Wholesale trade (NACE 46). 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).
Comparable companies
These companies have the same main activity as VYNCKO: wholesale of fruit and vegetables, excluding potatoes (NACE 46319). They are comparable in size and age: total assets between €262,000 and €559,000, founded between 2007 and 2011.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| VYNCKO Zulte | 2009 | €429,781 | -€39,587 | €176,021 | -€28,371 | - | 2025 |
| DAD DISTRIBUTION Sint-Pieters-Woluwe | 2009 | €533,509 | €29,732 | €201,592 | €213,737 | - | 2025 |
| IMMO FIELD Sint-Truiden | 2007 | €535,217 | €47,550 | €178,899 | €45,047 | 2 | 2025 |
| VANDECASTEELE CHAMPIGNONS Maldegem | 2011 | €559,248 | €314,129 | €164,165 | €83,835 | - | 2025 |
| M&B FOOD Liège | 2008 | €536,514 | €93,257 | €271,044 | €15,787 | 2.7 | 2025 |
| OP DE BEECK Mons | 2008 | €262,380 | €121,862 | €147,641 | €12,530 | - | 2025 |
| Leclerc-Energie Dalhem | 2010 | €518,942 | €161,614 | €105,248 | €12,812 | - | 2024 |
They were chosen from the 616 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 2,333 companies had the same profile as VYNCKO has now. Two years later, 2.8% had gone bankrupt and 90.6% were still going.
- Micro
- 10 to 20 years old
- negative equity
- a small loss
Another 0.7% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of VYNCKO itself: 0.7% within 12 months.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,333 companies, not a prediction for VYNCKO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Subsidies and aid
Flemish government
2022 · 1 entry · €366 awarded · €366 paid| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €13,356 | - | - | - | €21,182 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €31,185 | €31,835 | €32,055 | €33,857 | €34,095 | €32,095 | €32,095 | €33,185 | ▲ 3.4% |
| Other operating charges640/8 | - | - | - | €3,770 | €2,988 | €2,453 | €2,652 | €2,531 | ▼ 4.6% |
| Non-recurring operating charges66A | - | - | - | €89,203 | - | - | - | €167,996 | - |
| Gross operating margin9900 | €41,237 | €61,899 | €18,423 | €6,738 | €49,098 | €84,423 | €36,299 | €176,021 | ▲ 385% |
| Operating profit (loss)9901 | €6,954 | €13,316 | -€18,251 | -€120,092 | €12,015 | €49,875 | €1,551 | -€27,691 | - |
| Financial income75/76B | - | - | - | €44,475 | €218 | €456 | €10 | €173 | ▲ 17× |
| Recurring financial income75 | €4 | €541 | €271 | €44,475 | €218 | €456 | €10 | €173 | ▲ 17× |
| Financial charges65/66B | - | - | - | €3,887 | €2,845 | €1,829 | €761 | €853 | ▲ 12.1% |
| Recurring financial charges65 | €8,178 | €6,222 | €4,391 | €3,887 | €2,845 | €1,829 | €761 | €853 | ▲ 12.1% |
| Profit (loss) for the period before taxes9903 | -€697 | €7,634 | -€22,418 | -€79,504 | €9,387 | €48,502 | €800 | -€28,371 | - |
| Income taxes67/77 | €1,871 | - | - | - | - | - | - | - | - |
| Profit (loss) for the period9904 | -€2,568 | €7,634 | -€22,418 | -€79,504 | €9,387 | €48,502 | €800 | -€28,371 | - |
| Profit (loss) for the period to be appropriated9905 | -€2,568 | €7,634 | -€22,418 | -€79,504 | €9,387 | €48,502 | €800 | -€28,371 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.2m | €1.0m | €1.0m | €0.6m | €0.8m | €0.7m | €0.6m | €0.4m | ▼ 30.3% |
| Fixed assets21/28 | €0.3m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | ▼ 2.6% |
| Tangible fixed assets22/27 | €0.3m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | ▼ 2.6% |
| Plant, machinery and equipment23 | - | - | - | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | ▼ 1.8% |
| Furniture and vehicles24 | - | - | - | €0.009m | €0.006m | €0.005m | €0.003m | €0.002m | ▼ 35.8% |
| Current assets29/58 | €0.9m | €0.7m | €0.8m | €0.4m | €0.6m | €0.6m | €0.5m | €0.3m | ▼ 37.9% |
| Stocks and contracts in progress3 | €0.06m | €0.006m | €0.01m | €0.03m | €0.04m | €0.04m | €0.04m | €0.01m | ▼ 72.9% |
| Stocks30/36 | - | - | - | €0.03m | €0.04m | €0.04m | €0.04m | €0.01m | ▼ 72.9% |
| Amounts receivable within one year40/41 | €0.7m | €0.7m | €0.7m | €0.3m | €0.4m | €0.4m | €0.4m | €0.2m | ▼ 50.8% |
| Trade receivables40 | - | - | - | €0.3m | €0.4m | €0.4m | €0.4m | €0.2m | ▼ 50.4% |
| Other amounts receivable41 | - | - | - | €0.01m | €0.007m | €0.002m | €0.007m | €0.002m | ▼ 72.6% |
| Cash at bank and in hand54/58 | €0.08m | €0.02m | €0.02m | €0.004m | €0.09m | €0.07m | €0.03m | €0.07m | ▲ 134% |
| Deferred charges and accrued income490/1 | - | - | - | €0.05m | €0.05m | €0.04m | €0.05m | €0.04m | ▼ 23.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.2m | €1.0m | €1.0m | €0.6m | €0.8m | €0.7m | €0.6m | €0.4m | ▼ 30.3% |
| Equity10/15 | €0.02m | €0.03m | €0.01m | -€0.07m | -€0.06m | -€0.01m | -€0.01m | -€0.04m | ▼ 253% |
| Contributions10/11 | €0.008m | €0.008m | €0.008m | €0.008m | €0.008m | €0.008m | €0.008m | €0.008m | = |
| Capital10 | - | - | - | €0.008m | €0.008m | €0.008m | €0.008m | €0.008m | = |
| Issued capital100 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Uncalled capital101 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Reserves13 | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Legal reserve130 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Profit (loss) carried forward14 | €0.01m | €0.02m | -€0 | -€0.08m | -€0.07m | -€0.02m | -€0.02m | -€0.05m | ▼ 136% |
| Amounts payable17/49 | €1.2m | €0.9m | €1.0m | €0.7m | €0.8m | €0.7m | €0.6m | €0.5m | ▼ 25.2% |
| Amounts payable after more than one year17 | €0.1m | €0.1m | €0.08m | €0.08m | €0.04m | €0.01m | €0.006m | - | - |
| Financial debts170/4 | - | - | - | €0.08m | €0.04m | €0.01m | €0.006m | - | - |
| Amounts payable within one year42/48 | €1.0m | €0.8m | €0.9m | €0.6m | €0.8m | €0.7m | €0.6m | €0.5m | ▼ 24.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.04m | €0.04m | €0.02m | €0.007m | €0.006m | ▼ 16.7% |
| Trade debts44 | €0.9m | €0.7m | €0.7m | €0.4m | €0.6m | €0.6m | €0.5m | €0.3m | ▼ 31.1% |
| Suppliers440/4 | - | - | - | €0.4m | €0.6m | €0.6m | €0.5m | €0.3m | ▼ 31.1% |
| Taxes, remuneration and social security45 | - | - | - | €87 | €87 | €87 | €87 | €87 | = |
| Taxes450/3 | - | - | - | €87 | €87 | €87 | €87 | €87 | = |
| Other amounts payable47/48 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | ▲ 0.3% |
| Accrued charges and deferred income492/3 | - | - | - | €0.01m | €0.02m | €0.02m | €0.009m | €0.006m | ▼ 35.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,568 | €7,634 | -€22,418 | -€79,504 | €9,387 | €48,502 | €800 | -€28,371 | - |
| + Depreciation and write-downs630 | €31,185 | €31,835 | €32,055 | €33,857 | €34,095 | €32,095 | €32,095 | €33,185 | ▲ 3.4% |
| Operating cash flow (approximation) | €28,617 | €39,469 | €9,637 | -€45,647 | €43,482 | €80,597 | €32,895 | €4,814 | ▼ 85.4% |
| Investment in fixed assets (approximation) | - | -€6,504 | -€3,110 | -€45,155 | €0 | €0 | €0 | -€29,680 | - |
| Change in cash | - | -€64,933 | -€1,094 | -€13,151 | €86,830 | -€19,879 | -€39,287 | €42,868 | - |
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 17 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 12-05-2026 | 2026-00109145 | |
| 31-12-2024 | abbreviated format | 16-05-2025 | 2025-00095684 | |
| 31-12-2023 | abbreviated format | 21-05-2024 | 2024-00091127 | |
| 31-12-2022 | abbreviated format | 13-05-2023 | 2023-00086542 | |
| 31-12-2021 | abbreviated format | 28-05-2022 | 2022-20036288 | |
| 31-12-2020 | abbreviated format | 17-05-2021 | 2021-14200402 | |
| 31-12-2019 | abbreviated format | 09-06-2020 | 2020-15600159 | |
| 31-12-2018 | abbreviated format | 16-05-2019 | 2019-13100512 | |
| 31-12-2017 | abbreviated format | 24-07-2018 | 2018-36900313 | |
| 31-12-2016 | abbreviated format | 12-05-2017 | 2017-11700592 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 04-05-2023 Converted to unavailable equity
Mandate history
- Board
- began earlier
- end not dated
| Name | Functions and periods |
|---|---|
| Van Vynckt, Nicolas |
|
| Vandecaveye Jasmien |
|
| Cocquyt Nancy |
|
| COCQUYT Nancy Els |
|
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, natuurlijke personen of rechtspersonen”
Capital, shares and profit
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Werkelijke waarde op dag overdracht, elke overdracht onder levenden ten bezwarende/kosteloze titel vrijwillig/gedwongen inclusief…”“Overgang wegens overlijden, na aftrek rechten waarvan overgang gebeurt”
Audit, dissolution and liquidation
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Vereist voor statutenwijziging, beslissing algemene vergadering”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Om welke reden en op welk ogenblik ook, algemene vergadering mag een of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding…”
Articles of association, deed of 04-05-2023 (in Dutch)
Network & group
VYNCKO shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of VYNCKO. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
24-03
Gazette deed
Appointments: Vandecaveye Jasmien (director) and Van Vynckt,Nicolas (director)Resignation: Cocquyt Nancy (director) · Permanent representative: Iris Carsau5 points ▸
- General meeting, 20-02-2026
- Director appointment, Vandecaveye Jasmien (director)
- Director appointment, Van Vynckt,Nicolas (director)
- Director resignation, Cocquyt Nancy (director)
- Permanent representative, Iris Carsau
04-05
Gazette deed
Resignation: COCQUYT Nancy Els (director)Reappointment: COCQUYT Nancy Els (director) · Capital conversion · Reserve release13 points ▸
- Other provision, 11-04-2023
- General meeting, 03-04-2023
- Other provision, 30-12-2008
- Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm, behouden” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffing, statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Other provision, “voorwaarden behoud vrijstelling schenkbelasting familiale vennootschap, comparanten” (deed in Dutch)
- Amendment of the articles
- Power of attorney, Nicolas Verstraete
- Director resignation, COCQUYT Nancy Els (director)
- Director reappointment, COCQUYT Nancy Els (director (not named in the articles))
- Director discharge, COCQUYT Nancy Els
- The act holds 1 more point.
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 20257 activities
- Groot- en kleinhandel,import en export,transport,verwerking,verpakking van land- en tuinbouwproducten,groenten en fruit;
- Landbouwbedrijf in de meest uitgebreide zin,omvattende het stellen van alle mogelijjke verrichtingen die behoren tot de normale exploitatie van een landbouwonderneming,zoals het pachten en verpachten van hoeven en landerijen,de verkoop van producten,het verlenen van medewerking bij de exploitatie van andere soortgelijke bedrijven,het marktklaar maken,verpakken en verhandelen van de producten,het afsluiten van contracten voor loonwerk,het bouwen van stallen en andere landbouwinrichtingen,het onderhouden en herstellen van de gepachte en de in eigendom zijnde hoevegebouwen en omgeving,het huren en verhuren van hokken en gronden voor het fokken van alle vee en het telen van land- en tuinbouwvruchten;
- Uitvoeren van diverse land- en tuinbouwwerken zowel voor eigen rekening als voor derden,aanleg en onderhoud van diverse terreinen alsmede de aankoop,de in- en uitvoer,de distributie en verkoop,hetzij rechtstreeks hetzij als tussenpersoon,van zaad- en pootgoed,tuingereedschap,omvattende planten en versieringen voor de tuin,meststoffen,fytofarmaceutische producten,bijhorigheden,nevenproducten en toebehoren alsmede het presteren van alle mogelijke diensten betreffende het voorgaande,het verhandelen van alle soorten landbouwmachines en dieren in de ruimste zin van het woord;
- Verwerking van mest,compost,slib,aarde en afvalverwerking in de ruimste zin van het woord;
- Vervoer voor derden (binnen- en buitenland);
- Waarnemen van bestuursopdrachten;
- Onderzoek en ontwikkeling,vervaardiging en commercialisering van nieuwe producten en technologieën en hun toepassingen.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Food safety, FASFC
1 siteSites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44050B0909/00F000 | Flanders | 7,695 m² | 1 · 170 m² | 8.0 m · 2 |