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 61 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
V & V ENGINEERING from Ieper, company number BE0477071635, closed financial year 2025 with a result of € 3,241 after tax. For that financial year V & V ENGINEERING recorded a gross margin of € 93,489 and equity of € 117,673. Compared with financial year 2024, the result moved from € 57,125 to € 3,241. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2026.
€ 117,673
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,241
▼ 94% vs 2024
Profit after tax over the fiscal year.
€ 21,909
▼ 65% 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 € 96,673.
People and assets in 2025
€ 51,101
▼ 2% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 5,386
▲ 1% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 91,442
▲ 33% vs 2024
€ 22,617 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 51,096
▲ 81% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,477
▼ 24% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 117,087 | € 132,732 | € 164,866 | € 93,489 | ▼ 43% |
| Profit after taxes | € 35,657 | € 31,959 | € 57,125 | € 3,241 | ▼ 94% |
| Equity | € 40,349 | € 72,308 | € 114,433 | € 117,673 | ▲ 3% |
| Total debts | € 354,154 | € 315,005 | € 235,511 | € 252,576 | ▲ 7% |
| Cash | € 34,243 | € 53,499 | € 63,265 | € 21,909 | ▼ 65% |
| Land & buildings | € 145,700 | € 137,606 | € 129,513 | € 121,419 | ▼ 6% |
| Retained profit | € 19,349 | € 51,308 | € 93,433 | € 96,673 | ▲ 3% |
| Dividend | € 30,000 | € 0 | € 15,000 | € 0 | ▼ 100% |
| Bank debt | € 96,442 | € 78,567 | € 68,842 | € 91,442 | ▲ 33% |
| Balance sheet total | € 394,503 | € 387,313 | € 349,944 | € 370,249 | ▲ 6% |
Key figures of V & V ENGINEERING, 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 V & V ENGINEERING?
What happened at V & V ENGINEERING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,241 (▼ 94% vs 2024). Source: NBB ↗
- VANDYCKE ENGINEERING became a director. NBB
- VANSTRACEELE became a director. NBB
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
In short
From € 35,657 profit in 2022 to € 3,241 profit in 2025.
Paid € 26,335 in corporate taxes since 2022.
Best year ever: 2024, with € 57,125 profit.
Paid out € 45,000 in dividends to the owners in total.
Management
Behind V & V ENGINEERING are VANSTRACEELE and VANDYCKE ENGINEERING.
Directors
According to the 2025 annual accounts
Director · represented by Vanstraceele Philip
since 2005
Director · represented by Vandycke François
since 2011
Establishments
Establishment units
Physical locations of this company
Bargiestraat 15 box A
8900 Ieper
Bargiestraat 15A
8900 Ieper
Active since 9 April 2002
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
Website info
Features
Details
- Company number
- 0477.071.635
- VAT number
- BE 0477.071.635
- Registered office
- Bargiestraat 15 bus A, 8900 Ieper
- Names & denominations
- V & V ENGINEERING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 March 2002
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- vvengineering.be
- Activities · NACE
Vervaardiging van vormkasten en gietvormen
Bewerken van metaal en poedermetallurgie
Persen, stampen en profielwalsen van metaal
Persen, stampen en profielwalsen van metaal; poedermetallurgie