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VYTECS

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Financial year 2025 · closed on 30/06/2025

Net result

124,2 k €

+15.9% YoY

Gross margin

187 k €

+9.3% YoY

Equity

673,5 k €

+22.2% YoY

What does VYTECS do?

VYTECS is a Private limited company incorporated in 2005. Its registered office is in Kortrijk.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0875.084.312

Incorporation

14/07/2005

Legal form

Private limited company

Registered office

Ten Houtedreef(Kor) 12
8500 Kortrijk · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

30/06/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	187 k €	+9.3%	171,1 k €	+55.7%	109,9 k €	+72.4%	63,7 k €	+1100%	-6,4 k €	-162%	10,3 k €	+138%	-27,1 k €	-148%	56,8 k €	+974%	-6,5 k €	-120%	32,2 k €	+17.7%	27,4 k €	-11.2%	30,9 k €	+5.6%	29,2 k €	+1.9%	28,7 k €	+4.1%	27,6 k €	+12.9%	24,4 k €	-35.4%	37,8 k €	+56.3%	24,2 k €	-12.6%	27,6 k €
EBITDA	184,6 k €	+9.4%	168,7 k €	+58.1%	106,7 k €	+71.1%	62,4 k €	+345%	-25,4 k €	-361%	9,8 k €	+134%	-28,4 k €	-152%	54,3 k €	+868%	-7,1 k €	-122%	31,7 k €	+18.0%	26,9 k €	-10.3%	29,9 k €	+6.5%	28,1 k €	+1.9%	27,6 k €	+3.9%	26,6 k €	+15.7%	23 k €	-37.6%	36,8 k €	+58.8%	23,2 k €	-11.8%	26,2 k €
Operating result	166,5 k €	+8.4%	153,6 k €	+52.9%	100,4 k €	+67.9%	59,8 k €	+68.4%	35,5 k €	+151%	-69,6 k €	-53.7%	-45,3 k €	-202%	44,2 k €	+584%	-9,1 k €	-129%	31,1 k €	+16.6%	26,7 k €	-10.3%	29,7 k €	+6.6%	27,9 k €	+1.9%	27,4 k €	+4.1%	26,3 k €	+18.6%	22,2 k €	-27.9%	30,8 k €	+203%	10,2 k €	-26.7%	13,9 k €
Net result	124,2 k €	+15.9%	107,2 k €	+44.1%	74,4 k €	+43.6%	51,8 k €	+60.2%	32,3 k €	+146%	-70,1 k €	-47.6%	-47,5 k €	-260%	29,6 k €	-81.1%	157 k €	+153%	62,2 k €	+0.2%	62 k €	-2.5%	63,6 k €	+4.9%	60,6 k €	+25.7%	48,3 k €	+2.4%	47,1 k €	+20.8%	39 k €	-48.7%	76 k €	+2116%	3,4 k €	-49.8%	6,8 k €
Balance sheet
Equity	673,5 k €	+22.2%	551 k €	+23.7%	445,4 k €	-6.1%	474,6 k €	+11.8%	424,4 k €	+7.8%	393,7 k €	-15.1%	463,8 k €	-11.5%	524,1 k €	+3.3%	507,2 k €	+35.8%	373,6 k €	+12.1%	333,3 k €	+14.3%	291,6 k €	+18.1%	246,8 k €	+21.3%	203,4 k €	+14.9%	177 k €	+22.9%	144,1 k €	+21.9%	118,2 k €	+121%	53,4 k €	+6.9%	50 k €
Total assets	712,6 k €	+3.8%	686,7 k €	+13.6%	604,5 k €	+21.5%	497,4 k €	+15.5%	430,8 k €	-9.7%	476,8 k €	+1.1%	471,8 k €	-12.9%	541,6 k €	+2.7%	527,5 k €	+1.3%	520,7 k €	+0.2%	519,7 k €	-0.9%	524,5 k €	-1.0%	529,6 k €	-1.5%	537,5 k €	-0.7%	541,5 k €	-0.8%	546 k €	-1.9%	556,7 k €	-9.2%	613 k €	+376%	128,7 k €
Cash	171,5 k €	+63.6%	104,9 k €	-61.9%	275,5 k €	-7.2%	296,9 k €	-9.6%	328,3 k €	-16.0%	390,6 k €	+33.8%	291,9 k €	-14.0%	339,3 k €	-5.8%	360,3 k €	+1978%	17,3 k €	+3.6%	16,7 k €	+10.5%	15,1 k €	-14.0%	17,6 k €	-17.5%	21,3 k €	-7.6%	23,1 k €	-22.6%	29,8 k €	-31.5%	43,6 k €	+295%	11 k €	-75.7%	45,4 k €
Debts	39,1 k €	-71.2%	135,7 k €	-14.6%	159 k €	+599%	22,8 k €	+258%	6,4 k €	-21.4%	8,1 k €	+1.1%	8 k €	-54.3%	17,5 k €	-13.7%	20,3 k €	-86.2%	147,2 k €	-21.1%	186,4 k €	-20.0%	232,9 k €	-17.6%	282,8 k €	-15.3%	334,1 k €	-8.3%	364,4 k €	-9.3%	401,9 k €	-8.4%	438,5 k €	-21.6%	559,6 k €	+610%	78,8 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 4 ended

Active mandates

Gerlinde De Meester

Director · since 27 septembre 2021

Active

Benoit Vyncke

Director · since 14 juillet 2005

Active

Ended mandates

An Vyncke

Associate · since 12 juillet 2005

Ended

Benoit Vyncke

Manager · since 12 juillet 2005

Ended

benoit vyncke

Director

Ended

benoit vyncke

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	20/01/2026	24/01/2025	29/01/2024	13/01/2023	19/01/2022	23/11/2020
General meeting	26/09/2025	23/12/2024	29/09/2023	30/09/2022	15/10/2021	25/09/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/06/2025	26/09/2025	20/01/2026	Dutch	PDF
Micro model	30/06/2024	23/12/2024	24/01/2025	Dutch	PDF
Micro model	30/06/2023	29/09/2023	29/01/2024	Dutch	PDF
Micro model	30/06/2022	30/09/2022	13/01/2023	Dutch	PDF
Micro model	30/06/2021	15/10/2021	19/01/2022	Dutch	PDF
Micro model	30/06/2020	25/09/2020	23/11/2020	Dutch	PDF
Micro model	30/06/2019	27/09/2019	21/10/2019	Dutch	PDF
Micro model	30/06/2018	19/10/2018	04/12/2018	Dutch	PDF
Abridged model	30/06/2017	08/11/2017	24/11/2017	Dutch	PDF
Abridged model	30/06/2016	18/11/2016	24/11/2016	Dutch	PDF
Abridged model	30/06/2015	27/11/2015	18/12/2015	Dutch	PDF
Abridged model	30/06/2014	30/11/2014	19/12/2014	Dutch	PDF
Abridged model	30/06/2013	25/10/2013	22/11/2013	Dutch	PDF
Abridged model	30/06/2012	29/10/2012	26/11/2012	Dutch	PDF
Abridged model	30/06/2011	30/09/2011	27/10/2011	Dutch	PDF
Abridged model	30/06/2010	24/09/2010	03/12/2010	Dutch	PDF
Abridged model	30/06/2009	27/11/2009	18/12/2009	Dutch	PDF
Abridged model	30/06/2008	26/09/2008	24/10/2008	Dutch	PDF
Abridged modelCorrection	30/06/2007	28/09/2007	10/07/2008	Dutch	PDF
Abridged model	30/06/2007	28/09/2007	24/10/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 30/06/2025 · 2 active · 4 ended

Active mandates

Gerlinde De Meester

Director · since 27 septembre 2021

Active

Benoit Vyncke

Director · since 14 juillet 2005

Active

Ended mandates

An Vyncke

Associate · since 12 juillet 2005

Ended

Benoit Vyncke

Manager · since 12 juillet 2005

Ended

benoit vyncke

Director

Ended

benoit vyncke

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates30/09/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office06/04/2017
MAATSCHAPPELIJKE ZETEL
PDF
Mandates06/10/2011
ONTSLAGEN - BENOEMINGEN
PDF
Other25/07/2005
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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

2025
Annual accounts 2025124,2 k €↑
2024
Annual accounts 2024107,2 k €↑
2023
Annual accounts 202374,4 k €↑
2022
Annual accounts 202251,8 k €↑
2021
Annual accounts 202132,3 k €↑
2020
Annual accounts 2020-70,1 k €↓
2019
Annual accounts 2019-47,5 k €↓
2018
Annual accounts 201829,6 k €↓
2017
Annual accounts 2017157 k €↑
2016
Annual accounts 201662,2 k €↑
2015
Annual accounts 201562 k €↓
2014
Annual accounts 201463,6 k €↑
2013
Annual accounts 201360,6 k €↑
2012
Annual accounts 201248,3 k €↑
2011
Annual accounts 201147,1 k €↑
2010
Annual accounts 201039 k €↓
2009
Annual accounts 200976 k €↑
2008
Annual accounts 20083,4 k €↓
2007
Annual accounts 20076,8 k €
14/07/2005
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

VYTECS

Overview

What does VYTECS do?

Trend over 19 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline