Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 113.8 to 98.9.
Financials
Financial year 2025
VUYLSTEKE - EIFFAGE from Tielt, company number BE0412068173, closed financial year 2025 with a result of € -239,067 after tax. For that financial year VUYLSTEKE - EIFFAGE recorded revenue of € 36.7 million and equity of € 6.6 million. Compared with financial year 2024, the result moved from € 85,122 to € -239,067. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2026.
€ 6.6 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -239,067
▼ still € 85,122 profit in 2024
Profit after tax over the fiscal year.
€ 2.8 million
▲ 274% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 4.8 million.
People and assets in 2025
98.9
▼ 8.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 7.4 million
▲ 5% vs 2024
€ 74,500 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.
€ 255,637
▲ 32% vs 2024
Of which on lease € 123,310.
Debts at end 2025
€ 644,362
▼ 17% vs 2024
€ 587,028 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 13.8 million
▲ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 179 days on average.
€ 819,743
▼ 8% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 41,741,556 | € 43,417,103 | € 32,895,672 | € 36,726,328 | ▲ 12% |
| Profit after taxes | € 364,957 | € 168,496 | € 85,122 | € -239,067 | ▼ € 324,189 |
| Equity | € 6,863,910 | € 6,868,879 | € 6,861,725 | € 6,622,658 | ▼ 3% |
| Total debts | € 16,966,004 | € 14,744,156 | € 12,169,935 | € 19,618,189 | ▲ 61% |
| Cash | € 2,138,851 | € 384,342 | € 757,862 | € 2,833,950 | ▲ 274% |
| Land & buildings | € 4,955,388 | € 4,956,316 | € 4,871,724 | € 4,850,790 | |
| Retained profit | € 5,074,044 | € 5,079,014 | € 5,071,860 | € 4,832,793 | ▼ 5% |
| Dividend | € 365,989 | € 163,527 | € 92,276 | € 0 | ▼ 100% |
| Bank debt | € 1,469,486 | € 1,115,415 | € 773,640 | € 644,362 | ▼ 17% |
| Balance sheet total | € 24,031,308 | € 21,665,654 | € 19,064,184 | € 26,262,428 | ▲ 38% |
| Employees (FTE) | 118.2 | 113.8 | 107.4 | 98.9 | ▼ 8.5 |
Key figures of VUYLSTEKE - EIFFAGE, 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 VUYLSTEKE - EIFFAGE?
What happened at VUYLSTEKE - EIFFAGE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Lempereur Management SRL stepped down as director. NBB
- Christophe Van Ophem stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 239,067 (▼ € 324,189 vs 2024). Source: NBB ↗
- Manex BV stepped down as director. NBB
- Philippe Brulard stepped down as director. NBB
- Lempereur Management SRL became a director. NBB
- Christophe Van Ophem became a director. NBB
- Manex BV became a director. NBB
In short
From € 364,957 profit in 2022 to € 239,067 loss in 2025.
Paid € 320,834 in corporate taxes since 2022.
Best year ever: 2022, with € 364,957 profit.
Paid out € 621,792 in dividends to the owners in total.
Management
The stake of EIFFAGE CONSTRUCTION BeLux, EIFFAGE DEVELOPMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VUYLSTEKE - EIFFAGEThe shares are held by EIFFAGE CONSTRUCTION BeLux (100%) and EIFFAGE DEVELOPMENT (0%).
Directors
According to the 2025 annual accounts
Managing director · represented by Giovanni Vandenborre
since 2020 · until 2026
Director · represented by Stéphanie Lempereur
Also active at: HERBOSCH - KIERE, Entreprises générales Louis Duchene, OOSTVLAAMS MILIEUBEHEER, SABEM, VALENS, BRUSTAR SOUVERAIN, SODEMAT
since 2026 · until 2032
Christophe Van Ophem
Director
Also active at: AB-Eiffage, HERBOSCH - KIERE, OOSTVLAAMS MILIEUBEHEER, BRUSTAR SOUVERAIN
since 2022 · until 2028
Philippe Brulard
Director
since 2020 · until 2026
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Pittemstraat 56
8760 Tielt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
Details
- Company number
- 0412.068.173
- VAT number
- BE 0412.068.173
- Registered office
- Pittemstraat 56, 8760 Tielt
- Names & denominations
- VUYLSTEKE - EIFFAGE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 March 1972
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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