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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Figures corrected NBB
Corrected annual account filed for 2024.
Financials
Financial year 2025
VUYLSTEKE from Tournai, company number BE0424017385, closed financial year 2025 with a result of € 27,061 after tax. For that financial year VUYLSTEKE recorded revenue of € 25.3 million and equity of € 7.1 million. Compared with financial year 2024, the result moved from € -10,482 to € 27,061. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 7.1 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 27,061
▲ still € 10,482 loss in 2024
Profit after tax over the fiscal year.
€ 234,971
▼ 52% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 6.1 million.
People and assets in 2025
202.2
Average over the fiscal year, from the social balance sheet.
€ 10.3 million
▲ 9% vs 2024
€ 51,200 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.
€ 9 million
▼ 1% vs 2024
Of which on lease € 8.3 million.
Debts at end 2025
€ 13.9 million
▲ 1% vs 2024
€ 2.5 million is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 2.1 million
▲ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 64 days on average.
€ 1.3 million
▼ 28% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 27,487,378 | € 25,637,745 | € 24,299,674 | € 25,345,567 | ▲ 4% |
| Profit after taxes | € 851,292 | € 379,351 | € -10,482 | € 27,061 | ▲ € 37,542 |
| Equity | € 6,674,241 | € 7,053,592 | € 7,043,111 | € 7,070,171 | |
| Total debts | € 15,708,341 | € 17,764,780 | € 17,410,181 | € 17,511,368 | ▲ 1% |
| Cash | € 1,339,646 | € 1,074,891 | € 484,946 | € 234,971 | ▼ 52% |
| Land & buildings | € 3,137,914 | € 4,009,219 | € 3,860,982 | € 3,746,602 | ▼ 3% |
| Retained profit | € 5,654,822 | € 6,034,174 | € 6,023,692 | € 6,050,753 | |
| Bank debt | € 11,687,772 | € 13,988,548 | € 13,759,808 | € 13,942,879 | ▲ 1% |
| Balance sheet total | € 22,438,336 | € 24,870,227 | € 24,501,246 | € 24,625,613 | ▲ 1% |
| Employees (FTE) | 166.4 | 185.5 | 202.2 | 202.2 |
Key figures of VUYLSTEKE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to VUYLSTEKE?
What happened at VUYLSTEKE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 27,061. Source: NBB ↗
- New establishment in Tournai. KBO
- New establishment in Tournai. KBO
- New establishment in Genk. KBO
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
- New establishment in Zwevegem. KBO
In short
From € 851,292 profit in 2022 to € 27,061 profit in 2025.
Paid € 347,325 in corporate taxes since 2022.
Best year ever: 2022, with € 851,292 profit.
Pays suppliers within 64 days on average.
Management
Behind VUYLSTEKE is Johan Vuylsteke. Johan Vuylsteke is also behind IMMODES and Vintra - Vuylsteke.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Rue des Sablières(BL) 2
7522 Tournai
Vierkeerstraat(H) 79
8551 Zwevegem
Active since 1 April 1983
Swinnenwijerweg 10
3600 Genk
Active since 28 April 2008
Noordkaai 14
8870 Izegem
Active since 1 January 2008
Rue des Sablières(BL) 2.
7522 Tournai
Active since 7 November 2017
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0424.017.385
- VAT number
- BE 0424.017.385
- Registered office
- Rue des Sablières(BL) 2, 7522 Tournai
- Names & denominations
- VUYLSTEKE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 May 1983
- Peppol
- Active · Active since 27 Nov 2025
- Activities · NACE
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