Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
Vulkoprin from Tielt, company number BE0405233534, closed financial year 2025 with a result of € -734,085 after tax. For that financial year Vulkoprin recorded revenue of € 26.6 million and equity of € 5.6 million. Compared with financial year 2024, the result moved from € -706,258 to € -734,085. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.
€ 5.6 million
▼ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -734,085
▼ 4 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1.3 million
▲ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 3.8 million.
People and assets in 2025
98.6
▲ 3.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 6.6 million
▲ 1% vs 2024
€ 66,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1.7 million
▲ 12% vs 2024
Of which on lease € 1.7 million.
Debts at end 2025
€ 5.8 million
▲ 40% vs 2024
€ 986,716 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 3 million
▼ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 52 days on average.
€ 1.3 million
▼ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 23,825,511 | € 26,674,534 | € 25,459,050 | € 26,560,722 | ▲ 4% |
| Profit after taxes | € 303,923 | € 846,039 | € -706,258 | € -734,085 | ▼ € 27,827 |
| Equity | € 6,192,978 | € 7,039,017 | € 6,332,759 | € 5,598,674 | ▼ 12% |
| Total debts | € 7,892,785 | € 7,915,877 | € 8,819,233 | € 10,309,334 | ▲ 17% |
| Cash | € 420,175 | € 701,524 | € 1,111,765 | € 1,292,843 | ▲ 16% |
| Land & buildings | € 170,048 | € 181,503 | € 236,731 | € 218,314 | ▼ 8% |
| Retained profit | € 4,386,489 | € 5,232,528 | € 4,526,270 | € 3,792,185 | ▼ 16% |
| Bank debt | € 3,767,455 | € 4,459,196 | € 4,178,274 | € 5,829,416 | ▲ 40% |
| Balance sheet total | € 14,085,763 | € 14,954,894 | € 15,151,992 | € 15,908,008 | ▲ 5% |
| Employees (FTE) | 92.1 | 94.1 | 95.2 | 98.6 | ▲ 3.4 |
Key figures of Vulkoprin, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Vulkoprin?
What happened at Vulkoprin in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 734,085. Source: NBB ↗
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
- New establishment in Tielt. KBO
In short
From € 303,923 profit in 2022 to € 734,085 loss in 2025.
Paid € 5,779 in corporate taxes since 2022.
Best year ever: 2023, with € 846,039 profit.
Pays suppliers within 52 days on average.
Management
The stake of M.M.V. comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VulkoprinBehind Vulkoprin are Mitra CommV, M.M.V. BV and Romakin BV. The shares are held by M.M.V. (100%).
Directors
According to the 2025 annual accounts
Director · represented by Jan Maes
Managing director · represented by Bert Maes
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Herderstraat 4
8700 Tielt
Tenhovestraat 6C
8700 Tielt
Active since 28 August 2006
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0405.233.534
- VAT number
- BE 0405.233.534
- Registered office
- Herderstraat 4, 8700 Tielt
- Names & denominations
- Vulkoprin
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 2 Oct 2025
- Contact
- vulkoprin.be [email protected] 051403806
- Activities · NACE
Vervaardiging van overige artikelen van metaal, n.e.g.
Vervaardiging van overige producten van metaal, neg
Vervaardiging en loopvlakvernieuwing van rubberbanden en vervaardiging van binnenbanden
Vervaardiging van binnen- en buitenbanden van rubber
Vervaardiging van andere producten van kunststof
Vervaardiging van tandwielen, lagers en andere drijfwerkelementen
Vervaardiging van mechanische drijfwerkelementen
Vervaardiging van overige producten van kunststof