Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 44 % of short-term debt in 2025; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 18 to 2.4.
Financials
Financial year 2025
VYTECH DUFFEL from Menen, company number BE0461173830, closed financial year 2025 with a result of € -218,987 after tax. For that financial year VYTECH DUFFEL recorded a gross margin of € 4,135 and equity of € -254,444. Compared with financial year 2024, the result moved from € -577,381 to € -218,987. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.
€ -254,444
▲ € 169,000 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -218,987
▲ 62 % less loss than in 2024
Profit after tax over the fiscal year.
€ 31,016
▼ 41% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.9 million.
People and assets in 2025
2.4
▼ 7.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 90,989
▼ 81% vs 2024
€ 37,900 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.
€ 10,698
▼ 74% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1 million
▼ 6% vs 2024
€ 60,000 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 207,097
▼ 52% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,304
▼ 97% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,893,800 | € 615,965 | € 575,166 | € 4,135 | ▼ 99% |
| Profit after taxes | € -35,966 | € -983,692 | € -577,381 | € -218,987 | ▲ € 358,394 |
| Equity | € 1,137,629 | € 153,937 | € -423,444 | € -254,444 | ▲ € 169,000 |
| Total debts | € 3,038,372 | € 2,869,243 | € 1,928,935 | € 1,261,154 | ▼ 35% |
| Cash | € 71,269 | € 203,768 | € 52,220 | € 31,016 | ▼ 41% |
| Retained profit | € -102,371 | € -1,086,063 | € -1,663,444 | € -1,882,431 | ▼ € 218,987 |
| Bank debt | € 1,397,370 | € 1,304,963 | € 1,091,419 | € 1,030,000 | ▼ 6% |
| Balance sheet total | € 4,176,001 | € 3,023,180 | € 1,505,491 | € 1,006,710 | ▼ 33% |
| Employees (FTE) | 23.9 | 18 | 10 | 2.4 | ▼ 7.6 |
Key figures of VYTECH DUFFEL, 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 VYTECH DUFFEL?
What happened at VYTECH DUFFEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 218,987. Source: NBB ↗
- VCP GP BV became a director. NBB
- Vybros Capital Partners BV became a director. NBB
- Vybros NV stepped down as director. NBB
- Vybros Invest BV stepped down as director. NBB
- Vytech Group NV became a director. NBB
- Vybros NV became a director. NBB
- Vybros Invest BV became a director. NBB
In short
From € 35,966 loss in 2022 to € 218,987 loss in 2025.
Paid € 2,354 in corporate taxes since 2022.
On average € 1,700 of value added per employee in 2025.
Management
The stake of VYTECH MENEN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VYTECH DUFFELBehind VYTECH DUFFEL are VCP GP BV, Vytech Group NV and Vybros Capital Partners BV. The shares are held by VYTECH MENEN (100%).
Directors
According to the 2025 annual accounts
Director · represented by Kristof Dockers
Also active at: LUDO, KONTRIMO, OBEN RENTING EN SERVICE, LAMBRECHTS KONSTRUKTIE, ALLE BOUW MACHINES, BELFI, Oben Building Machines, VYTECH MENEN +42 more
since 2025
Director · represented by Bart Dhaene
Also active at: VERMA ENGINEERING, VYTECH MENEN, IMMAN L4, VISCON GROUP BE, SUBMENTUM, VISCON BE, Vytim, VYKROME IMMO +6 more
since 2022
Director · represented by Stijn Nauts
Also active at: LUDO, JAGA, VERMA ENGINEERING, ALLE BOUW MACHINES, VYTECH MENEN, IMMAN L4, INTERMAT, VISCON GROUP BE +24 more
since 2025
Director · represented by Guy Vande Vyvere
Also active at: Vybros Real Estate, VYTECH MENEN, IMMAN L4, Maes Inox, Vybros Invest, Vyman, Vinsurance, Vydraulics +12 more
since 2022 · until 2025
Director · represented by Stijn Nauts
Also active at: LUDO, Antwerp Warehousing Investment, LAMBRECHTS KONSTRUKTIE, BELFI, VYTECH MENEN, IMMAN L4, Maes Inox, BOSSUYT GROOTKEUKEN +20 more
since 2022 · until 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Krommebeekstraat 15
8930 Menen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0461.173.830
- VAT number
- BE 0461.173.830
- Registered office
- Krommebeekstraat 15, 8930 Menen
- Names & denominations
- VYTECH DUFFEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 July 1997
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Verspanend bewerken van metalen
Algemene metaalbewerking
Vervaardiging van metalen deuren en vensters
Smeden van metaal
Vervaardiging van metalen ramen, deuren, wanden en dergelijke