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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VYCON from Roeselare, company number BE0477420241, closed financial year 2025 with a result of € -938,928 after tax. For that financial year VYCON recorded a gross margin of € 1.9 million and equity of € -897,627. Compared with financial year 2024, the result moved from € -644,726 to € -938,928. 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 8, 2026.
€ -897,627
▼ € 938,928 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -938,928
▼ 46 % more loss than in 2024
Profit after tax over the fiscal year.
€ 411,695
▲ 245% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -916,227.
People and assets in 2025
25
▲ 10.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.2 million
▲ 37% vs 2024
€ 86,700 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.
€ 123,898
▲ 63% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.5 million
▲ 35% vs 2024
€ 251,910 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 624,467
▲ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 766,126
▲ 213% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,472,381 | € 1,611,852 | € 1,393,488 | € 1,931,019 | ▲ 39% |
| Profit after taxes | € 49,310 | € 28,357 | € -644,726 | € -938,928 | ▼ € 294,202 |
| Equity | € 672,265 | € 700,622 | € 41,302 | € -897,627 | ▼ € 938,928 |
| Total debts | € 3,727,140 | € 3,134,572 | € 3,490,074 | € 5,207,069 | ▲ 49% |
| Cash | € 131,744 | € 134,313 | € 119,424 | € 411,695 | ▲ 245% |
| Land & buildings | € 1,633,276 | € 1,427,869 | € 1,191,262 | € 1,028,254 | ▼ 14% |
| Retained profit | € 653,665 | € 682,022 | € 22,702 | € -916,227 | ▼ € 938,928 |
| Bank debt | € 1,923,661 | € 1,824,711 | € 1,088,730 | € 1,467,215 | ▲ 35% |
| Balance sheet total | € 4,492,622 | € 3,919,173 | € 3,613,251 | € 4,393,569 | ▲ 22% |
| Employees (FTE) | 12.7 | 14.3 | 14.3 | 25 | ▲ 10.7 |
Key figures of VYCON, 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 VYCON?
What happened at VYCON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 938,928. Source: NBB ↗
- Joycon BV stepped down as director. NBB
- Vytech Group NV became a director. NBB
- Vybros Capital Partners BV became a director. NBB
- Joycon BV became a director. NBB
- New establishment in Roeselare. KBO
- Start of the company according to the CBE. KBO
In short
From € 49,310 profit in 2022 to € 938,928 loss in 2025.
Paid € 83,147 in corporate taxes since 2022.
Best year ever: 2022, with € 49,310 profit.
On average € 77,200 of value added per employee in 2025.
Management
The stake of JOYCON, VYTECH GROUP, VYCON INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VYCONBehind VYCON are Vytech Group NV and Vybros Capital Partners BV. The shares are held by JOYCON (100%), VYTECH GROUP (100%) and VYCON INVEST (100%).
Directors
According to the 2025 annual accounts
Director · represented by Bart Dhaene
Also active at: VERMA ENGINEERING, VYTECH MENEN, VYTECH DUFFEL, IMMAN L4, SUBMENTUM, VISCON BE, Vytim, VYKROME IMMO +6 more
since 2024
Director · represented by Stijn Nauts
Also active at: LUDO, JAGA, VERMA ENGINEERING, ALLE BOUW MACHINES, VYTECH MENEN, VYTECH DUFFEL, IMMAN L4, INTERMAT +24 more
since 2024
since 2024 · until 2025
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ovenhoek 7
8800 Roeselare
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0477.420.241
- VAT number
- BE 0477.420.241
- Registered office
- Ovenhoek 7, 8800 Roeselare
- Names & denominations
- VYCON
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 May 2002
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- vycon.be +32 51 78 00 18
- Activities · NACE
Vervaardiging van overige machines en apparaten voor algemeen gebruik, neg
Vervaardiging van metalen constructiewerken en delen daarvan
Vervaardiging van metalen constructiewerken en onderdelen daarvan