Financials
Financial year 2025
VY-US from Kortrijk, company number BE0479283037, closed financial year 2025 with a result of € 170,472 after tax. For that financial year VY-US recorded a gross margin of € 379,383 and equity of € 167,919. Compared with financial year 2024, the result moved from € 128,900 to € 170,472. 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 June 30, 2026.
€ 167,919
▲ 35% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 170,472
▲ 32% vs 2024
Profit after tax over the fiscal year.
€ 37,808
▼ 17% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 126,860 paid out
74 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
1.3
Average over the fiscal year, from the social balance sheet.
€ 97,693
▲ 3% vs 2024
€ 75,100 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.
€ 3,847
▼ 76% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 390,836
▼ 12% vs 2024
€ 47,540 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 9,018
▼ 68% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 32,975
▲ 19% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 415,369 | € 510,571 | € 342,720 | € 379,383 | ▲ 11% |
| Profit after taxes | € 191,754 | € 192,674 | € 128,900 | € 170,472 | ▲ 32% |
| Equity | € 21,359 | € 184,655 | € 124,307 | € 167,919 | ▲ 35% |
| Total debts | € 426,629 | € 681,126 | € 663,018 | € 549,143 | ▼ 17% |
| Cash | € 64,094 | € 51,197 | € 45,512 | € 37,808 | ▼ 17% |
| Land & buildings | € 45,887 | € 506,181 | € 467,334 | € 429,914 | ▼ 8% |
| Retained profit | € 2,809 | € 166,105 | € 105,757 | € 149,369 | ▲ 41% |
| Dividend | € 397,280 | € 29,378 | € 189,248 | € 126,860 | ▼ 33% |
| Bank debt | € 105,248 | € 534,743 | € 442,679 | € 390,836 | ▼ 12% |
| Balance sheet total | € 447,989 | € 865,780 | € 787,325 | € 717,062 | ▼ 9% |
| Employees (FTE) | 2.4 | 2.7 | 1.3 | 1.3 |
Key figures of VY-US, 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 VY-US?
What happened at VY-US in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 170,472 (▲ 32% vs 2024). Source: NBB ↗
- Dominiek Vynckier became a director. NBB
- Delalex BV became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 191,754 profit in 2022 to € 170,472 profit in 2025.
Paid € 176,618 in corporate taxes since 2022.
Best year ever: 2023, with € 192,674 profit.
On average € 291,800 of value added per employee in 2025.
Management
The stake of DELALEX comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VY-USBehind VY-US are Dominiek Vynckier and Delalex BV. The shares are held by DELALEX (27.4%).
Directors
According to the 2025 annual accounts
Dominiek Vynckier
Director
since 2023
Director · represented by Guy Delabie
since 2023
Shareholders
27.4%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Engelse Wandeling(Mar) 74
8510 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0479.283.037
- VAT number
- BE 0479.283.037
- Registered office
- Engelse Wandeling(Mar) 74, 8510 Kortrijk
- Names & denominations
- VY-US
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 January 2003
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Activiteiten van advocaten
Advocatenkantoor en juridische adviseurs