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 10 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VinCo from Waregem, company number BE0693901673, closed financial year 2025 with a result of € 67,245 after tax. For that financial year VinCo recorded a gross margin of € 131,490 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 154,182 to € 67,245. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 27, 2026.
€ 1.2 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 67,245
▼ 56% vs 2024
Profit after tax over the fiscal year.
€ 131,593
▼ 26% 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 € 846,061.
People and assets in 2025
€ 57,837
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 78
▲ 94% vs 2024
Loans from banks and other lenders, long and short.
€ 25,189
▲ € 21,862 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 60,708
▲ 39% 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 | € 402,395 | € 373,652 | € 274,343 | € 131,490 | ▼ 52% |
| Profit after taxes | € 168,250 | € 242,406 | € 154,182 | € 67,245 | ▼ 56% |
| Equity | € 752,689 | € 995,094 | € 1,149,276 | € 1,216,521 | ▲ 6% |
| Total debts | € 539,453 | € 573,524 | € 623,929 | € 1,584,699 | ▲ 154% |
| Cash | € 16,715 | € 125,691 | € 178,552 | € 131,593 | ▼ 26% |
| Land & buildings | € 1,212,207 | € 1,271,215 | € 1,405,432 | € 2,567,047 | ▲ 83% |
| Retained profit | € 382,229 | € 624,634 | € 778,816 | € 846,061 | ▲ 9% |
| Bank debt | € 0 | € 30 | € 40 | € 78 | ▲ 94% |
| Balance sheet total | € 1,292,141 | € 1,568,618 | € 1,773,205 | € 2,801,221 | ▲ 58% |
Key figures of VinCo, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to VinCo?
What happened at VinCo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 67,245 (▼ 56% vs 2024). Source: NBB ↗
- Flory Verstraete became a director. NBB
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
- Vincent Pennoit became a director. NBB
In short
From € 168,250 profit in 2022 to € 67,245 profit in 2025.
Paid € 209,124 in corporate taxes since 2022.
Best year ever: 2023, with € 242,406 profit.
Management
Behind VinCo are Flory Verstraete and Vincent Pennoit.
Directors
According to the 2025 annual accounts
Flory Verstraete
Director
since 2020
Vincent Pennoit
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Grote Heerweg 155
8791 Waregem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0693.901.673
- VAT number
- BE 0693.901.673
- Registered office
- Grote Heerweg 155, 8791 Waregem
- Names & denominations
- VinCo
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 April 2018
- Peppol
- Active · Active since 19 Oct 2025
- Contact
- [email protected] 0497/444382
- Activities · NACE
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