ACTIVE

VYNCKE

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Financial year 2025 · closed on 31/12/2025
Net result
4,1 M €
+5.1% YoY
Revenue
152,6 M €
-10.8% YoY
Equity
15,3 M €
+0.4% YoY
Workforce
170,2 ETP
+10.6% YoY

What does VYNCKE do?

VYNCKE is a Public limited company incorporated in 1992. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Harelbeke. It employs on average 170,2 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0447.690.830
Incorporation
23/06/1992
Legal form
Public limited company
Registered office
Gentsesteenweg 224
8530 Harelbeke · FlandreSee on map
Contributed capital
495 787,05 €
Latest accounts
31/12/2025
Average workforce
170,2 ETP
Activities (NACE)
71121Engineering activities and related technical consultancy· main71121Engineering activities and related technical consultancy25210Manufacture of central heating radiators and boilers25300Manufacture of steam generators, except central heating hot water boilers33200Installation of industrial machinery and equipment33200Installation of industrial machinery and equipment
Joint committees (4)
  • 111
  • 11101
  • 209
  • 20900
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Revenue152,6 M €171,1 M €193,7 M €111,8 M €106,4 M €105,3 M €134,1 M €85,6 M €69,6 M €91,1 M €86,2 M €64,3 M €57,4 M €52,1 M €44,8 M €40,4 M €28,4 M €36,7 M €38,5 M €
EBITDA5,4 M €2,4 M €11,2 M €2,5 M €7,2 M €7,3 M €4,6 M €6,3 M €5,9 M €3,5 M €2,8 M €5 M €4,3 M €6,2 M €4,1 M €4,3 M €1,5 M €145,5 k €1,5 M €
Operating result3,6 M €3,3 M €8,8 M €1,5 M €6,7 M €7,1 M €4,3 M €5,4 M €5,5 M €3,8 M €1,6 M €4,3 M €3,5 M €5,2 M €3,7 M €4 M €1,1 M €-291,6 k €1,2 M €
Net result4,1 M €3,9 M €8,8 M €1,4 M €5,7 M €5,7 M €1 M €2,7 M €3,8 M €2,6 M €1,2 M €2,5 M €2,4 M €4 M €3 M €2,9 M €982,7 k €47,3 k €1 M €
Balance sheet
Equity15,3 M €15,2 M €15,3 M €15,3 M €15,3 M €14,1 M €12,9 M €12,7 M €13 M €11 M €8,7 M €8,4 M €7,5 M €5,3 M €3,5 M €3,1 M €2,4 M €1,4 M €1,4 M €
Total assets205,6 M €177,9 M €148,7 M €148,1 M €117,2 M €94,9 M €128,9 M €104,6 M €71,2 M €64,6 M €123 M €119,1 M €104,8 M €92,5 M €75,8 M €73,5 M €66,4 M €70,4 M €52,7 M €
Cash45,3 M €32 M €22,9 M €27,1 M €53,2 M €51 M €42,5 M €45,2 M €32,7 M €29,4 M €16,5 M €12 M €10,6 M €4 M €3,3 M €5,2 M €3,4 M €2,5 M €6,3 M €
Debts177,5 M €151,6 M €118,5 M €123,3 M €97,4 M €76,6 M €107,3 M €88,2 M €54,5 M €48,9 M €110,1 M €107,2 M €91,8 M €82,3 M €67,8 M €66,5 M €61,6 M €65,8 M €49,1 M €
Other
Workforce170,2 ETP153,9 ETP138,9 ETP129,2 ETP119,6 ETP123,0 ETP123,0 ETP112,3 ETP103,7 ETP108,8 ETP111,4 ETP112,3 ETP109,8 ETP107,7 ETP95,7 ETP89,9 ETP90,5 ETP93,3 ETP91,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 58 ended

Active mandates

ACACIA I

Director · since 03 juin 2025 · until 20 juin 2026 · 0699.671.886

Represented by Els Verbraecken

Active
JINVEST

Director · since 03 juin 2025 · until 20 juin 2026 · 0477.073.417

Represented by Jurgen Ingels

Active
Lieven Danneels

Director · since 03 juin 2025 · until 20 juin 2026

Active
VYNCKE - A Family of Companies

Managing director · since 03 juin 2025 · until 03 juin 2031 · 0885.999.087

Represented by Peter Vyncke

Active
VYNCKE 3F

Managing director · since 03 juin 2025 · until 03 juin 2031 · 0810.635.631

Represented by Dieter Vyncke

Active

Ended mandates

JINVEST

Director · since 15 juin 2024 · until 21 juin 2025 · 0477.073.417

Represented by Ingels JURGEN

Ended
ACACIA I

Director · since 06 juin 2024 · until 21 juin 2025 · 0699.671.886

Represented by Els Verbraecken

Ended
Lieven Danneels

Director · since 06 juin 2024 · until 21 juin 2025

Ended
RIK VANPETEGHEM

Director · since 10 juin 2023 · until 06 juin 2024 · 0480.173.853

Represented by Rik VANPETEGHEM

Ended
At this address

Other companies at this address

CompanyCBE no.
Stichting Administratiekantoor Prometheus● Active
0772.624.596
VINKENEST● Active
0447.690.533
VYNCKE/VINKENEST● Active
0597.802.783
Vyncke-Warmtetechniek● Liquidation
0412.397.676
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date14/07/202630/06/202509/07/202429/06/202313/07/202213/07/2021
General meeting20/06/202621/06/202515/06/202410/06/202325/06/202226/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202520/06/202614/07/2026DutchPDF
Full model31/12/202421/06/202530/06/2025DutchPDF
Full model31/12/202315/06/202409/07/2024DutchPDF
Full model31/12/202210/06/202329/06/2023DutchPDF
Full model31/12/202125/06/202213/07/2022DutchPDF
Full model31/12/202026/06/202113/07/2021DutchPDF
Full model31/12/201920/06/202017/07/2020DutchPDF
Full model31/12/201829/06/201929/07/2019DutchPDF
Full model31/12/201729/06/201826/07/2018DutchPDF
Full modelCorrection31/12/201623/06/201731/08/2017DutchPDF
Full model31/12/201623/06/201718/07/2017DutchPDF
Full model31/12/201527/06/201630/06/2016DutchPDF
Full model31/12/201420/06/201529/06/2015DutchPDF
Full model31/12/201330/06/201411/08/2014DutchPDF
Full model31/12/201215/07/201330/08/2013DutchPDF
Full model31/12/201105/06/201224/07/2012DutchPDF
Full model31/12/201007/06/201126/07/2011DutchPDF
Full model31/12/200901/06/201016/07/2010DutchPDF
Full model31/12/200802/06/200920/07/2009DutchPDF
Full model31/12/200718/06/200811/07/2008DutchPDF
Full model31/12/200605/06/200711/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 58 ended

Active mandates

ACACIA I

Director · since 03 juin 2025 · until 20 juin 2026 · 0699.671.886

Represented by Els Verbraecken

Active
JINVEST

Director · since 03 juin 2025 · until 20 juin 2026 · 0477.073.417

Represented by Jurgen Ingels

Active
Lieven Danneels

Director · since 03 juin 2025 · until 20 juin 2026

Active
VYNCKE - A Family of Companies

Managing director · since 03 juin 2025 · until 03 juin 2031 · 0885.999.087

Represented by Peter Vyncke

Active
VYNCKE 3F

Managing director · since 03 juin 2025 · until 03 juin 2031 · 0810.635.631

Represented by Dieter Vyncke

Active

Ended mandates

JINVEST

Director · since 15 juin 2024 · until 21 juin 2025 · 0477.073.417

Represented by Ingels JURGEN

Ended
ACACIA I

Director · since 06 juin 2024 · until 21 juin 2025 · 0699.671.886

Represented by Els Verbraecken

Ended
Lieven Danneels

Director · since 06 juin 2024 · until 21 juin 2025

Ended
RIK VANPETEGHEM

Director · since 10 juin 2023 · until 06 juin 2024 · 0480.173.853

Represented by Rik VANPETEGHEM

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates23/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/12/2024
    ONTSLAGEN - BENOEMINGEN - DIVERSEN
    PDF
  • Mandates22/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/11/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 20254,1 M €↑
  2. 03/06/2025
    reconductionVyncke 3F — lid van de Raad van Bestuur
  3. 03/06/2025
    reconductionVyncke - A Family of Companies — lid van de Raad van Bestuur
  4. 03/06/2025
    reconductionAcacia BV — lid van de Raad van Bestuur
  5. 03/06/2025
    reconductionJinvest BV — lid van de Raad van Bestuur
  6. 03/06/2025
    reconductionLieven Danneels — lid van de Raad van Bestuur
  7. 2024
    Annual accounts 20243,9 M €↓
  8. 15/06/2024
    nominationJurgen Ingels — vaste vertegenwoordiger
  9. 06/06/2024
    reconductionLieven Danneels — lid Raad van Toezicht
  10. 06/06/2024
    nominationVerbraecken Els — vaste vertegenwoordiger
  11. 2023
    Annual accounts 20238,8 M €↑
  12. 06/06/2023
    reconductionVerbraecken Els — vaste vertegenwoordiger (voor Acacia BV) in de Raad van Toezicht
  13. 06/06/2023
    reconductionRik Vanpeteghem — vaste vertegenwoordiger (voor Rik Vanpeteghem BV) in de Raad van Toezicht
  14. 06/06/2023
    nominationLieven Danneels — lid van de Raad van Toezicht
  15. 09/01/2023
    nominationBV Neah Consulting — lid van de directieraad
  16. 2022
    Annual accounts 20221,4 M €↓
  17. 19/09/2022
    nominationBV Masschelein — lid van de directieraad
  18. 25/06/2022
    reconductionErnst & Young — commissaris
  19. 25/06/2022
    nominationBoelens Francis — permanente vertegenwoordiger
  20. 25/06/2022
    reconductionPeter De Keyzer — lid van raad van toezicht
  21. 25/06/2022
    reconductionEls Verbraecken — lid van raad van toezicht
  22. 25/06/2022
    nominationRik Vanpeteghem — lid van de raad van toezicht
  23. 25/06/2022
    reconductionBoelens Francis — permanent vertegenwoordiger (commissaris)
  24. 2021
    Annual accounts 20215,7 M €↓
  25. 2020
    Annual accounts 20205,7 M €↑
  26. 2019
    Annual accounts 20191 M €↓
  27. 2018
    Annual accounts 20182,7 M €↓
  28. 2017
    Annual accounts 20173,8 M €↑
  29. 2016
    Annual accounts 20162,6 M €↑
  30. 2015
    Annual accounts 20151,2 M €↓
  31. 2014
    Annual accounts 20142,5 M €↑
  32. 2013
    Annual accounts 20132,4 M €↓
  33. 2012
    Annual accounts 20124 M €↑
  34. 2012
    Name changeVyncke
  35. 2011
    Annual accounts 20113 M €↑
  36. 2010
    Annual accounts 20102,9 M €↑
  37. 2009
    Annual accounts 2009982,7 k €↑
  38. 2008
    Annual accounts 200847,3 k €↓
  39. 2007
    Annual accounts 20071 M €
  40. 2007
    Name changeVYNCKE - ENERGIETECHNIEK
  41. 23/06/1992
    IncorporationPublic limited company