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 57 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VINKAR from Zwevegem, company number BE0782665779, closed financial year 2025 with a result of € -115,447 after tax. For that financial year VINKAR recorded a gross margin of € -15,399 and equity of € 43,113. Compared with financial year 2024, the result moved from € 346,313 to € -115,447. The company made a loss. The buffer shrank hard: equity is 94 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 20, 2026.
€ 43,113
▼ 94% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -115,447
▼ still € 346,313 profit in 2024
Profit after tax over the fiscal year.
€ 423,512
▼ 34% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 36,113.
People and assets in 2025
1
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 57,681
▲ 219% vs 2024
€ 57,700 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.
€ 3,653
▼ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 64,316
▼ 44% vs 2024
€ 51,354 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 105,200
▲ € 94,115 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 121,899
▼ 34% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 229,013 | € 522,569 | € 405,301 | € -15,399 | ▼ € 420,700 |
| Profit after taxes | € 120,670 | € 234,577 | € 346,313 | € -115,447 | ▼ € 461,761 |
| Equity | € 127,670 | € 362,246 | € 708,560 | € 43,113 | ▼ 94% |
| Total debts | € 257,280 | € 293,489 | € 320,438 | € 765,754 | ▲ 139% |
| Cash | € 133,340 | € 446,980 | € 639,622 | € 423,512 | ▼ 34% |
| Retained profit | € 120,670 | € 355,246 | € 701,560 | € 36,113 | ▼ 95% |
| Dividend | € 0 | € 0 | € 0 | € 550,000 | |
| Bank debt | € 213,716 | € 164,681 | € 114,885 | € 64,316 | ▼ 44% |
| Balance sheet total | € 384,950 | € 776,202 | € 1,028,998 | € 808,867 | ▼ 21% |
| Employees (FTE) | 0.2 | 0.8 | 0.8 | 1 | ▲ 0.2 |
Key figures of VINKAR, 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 VINKAR?
What happened at VINKAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 115,447 (▼ € 461,761 vs 2024). Source: NBB ↗
- New establishment in Zwevegem. KBO
- Karen Vanhoutte became a director. NBB
- Vincent Desmet became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 120,670 profit in 2022 to € 115,447 loss in 2025.
Paid € 228,748 in corporate taxes since 2022.
Best year ever: 2024, with € 346,313 profit.
Paid out € 550,000 in dividends to the owners in total.
Management
Behind VINKAR are Karen Vanhoutte and Vincent Desmet. The same people are also behind FELMAX. Karen Vanhoutte is also behind YVIMAT.
Establishments
Establishment units
Physical locations of this company
Avelgemstraat(Z) 37
8550 Zwevegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0782.665.779
- VAT number
- BE 0782.665.779
- Registered office
- Avelgemstraat(Z) 37, 8550 Zwevegem
- Names & denominations
- VINKAR · VIBANVER
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 February 2022
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- vinkar.be
- Activities · NACE
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