Warning lights
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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Tight liquidity NBB
Cash and receivables cover 13 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
15 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
VINKA from Liège, company number BE0438157512, closed financial year 2025 with a result of € 41,305 after tax. For that financial year VINKA recorded a gross margin of € 140,200 and equity of € 308,003. Compared with financial year 2024, the result moved from € 40,128 to € 41,305. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 25, 2026.
€ 308,003
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 41,305
▲ 3% vs 2024
Profit after tax over the fiscal year.
€ 36,358
▼ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 48,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
€ 431,167
▼ 19% vs 2024
€ 99,439 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1,028
Supplier invoices still open on the last day of the fiscal year.
€ 8,865
▲ 80% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 222,110 | € 127,249 | € 137,682 | € 140,200 | ▲ 2% |
| Profit after taxes | € 72,056 | € 32,743 | € 40,128 | € 41,305 | ▲ 3% |
| Equity | € 329,827 | € 322,570 | € 314,698 | € 308,003 | ▼ 2% |
| Total debts | € 847,134 | € 826,317 | € 771,826 | € 722,539 | ▼ 6% |
| Cash | € 49,445 | € 57,220 | € 51,329 | € 36,358 | ▼ 29% |
| Land & buildings | € 1,115,761 | € 1,067,144 | € 1,018,526 | € 969,909 | ▼ 5% |
| Retained profit | € 209,827 | € 202,570 | € 194,698 | € 188,003 | ▼ 3% |
| Dividend | € 36,000 | € 40,000 | € 48,000 | € 48,000 | |
| Bank debt | € 723,787 | € 627,177 | € 529,652 | € 431,167 | ▼ 19% |
| Balance sheet total | € 1,209,305 | € 1,178,744 | € 1,113,894 | € 1,055,425 | ▼ 5% |
Key figures of VINKA, 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 VINKA?
What happened at VINKA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Yves VANHEULE stepped down as director. NBB
- Philippe VANHEULE stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 41,305 (▲ 3% vs 2024). filed late Source: NBB ↗
- Yves VANHEULE became a director. NBB
- Philippe VANHEULE became a director. NBB
- New establishment in Vilvoorde. KBO
- Start of the company according to the CBE. KBO
In short
From € 72,056 profit in 2022 to € 41,305 profit in 2025.
Paid € 58,132 in corporate taxes since 2022.
Best year ever: 2022, with € 72,056 profit.
Paid out € 172,000 in dividends to the owners in total.
A new publication or filing at VINKA? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of PYLA Group comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VINKAThe shares are held by PYLA Group (99.8%).
Directors
According to the 2025 annual accounts
since 2018 · until 2029
Philippe VANHEULE
Managing director
since 2018 · until 2029
Shareholders
99.8%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue du Parc 69 box B
4020 Liège
Fetisstraat 9
1800 Vilvoorde
Active since 3 October 1989
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 15 companies are registered at this address.
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€ 119,607 gross margin · 2025
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€ -2,722 gross margin · 2025
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€ -1,415 gross margin · 2025
+10 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0438.157.512
- VAT number
- BE 0438.157.512
- Registered office
- Rue du Parc 69 bus B, 4020 Liège
- Names & denominations
- VINKA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 August 1989
- Peppol
- Not registered