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ABIVET

Active
Private limited companyfounded 2022active for 3 yearsRue Albert 1er(FLG) 4, 6210 Les Bons Villers, BelgiumKBO/BCE: BE 0793.374.183

Financials · financial year 2025, micro format

2025 annual accounts filed 10 days after the deadline Filed on 10 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00390741.

Annual accounts 2025 filed on 10-08-2026 at the NBB all 4 filings

Turnover
≈ €190,000
Estimated: probably between €130,000 and €330,000
Total assets
€519,135▼ 26.2%
2024 · €703,755
Net result
-€4,422▼ 3,408%
2024 · -€126
Working capital
-€36,149▼ 87.8%
2024 · -€19,245
Trend over the years

2022 to 2025, 4 financial years

The operating result for 2025 is 13% lower than in 2024.

Operating result€14,720 2025 Net result-€4,422 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Veterinary activities (NACE 75). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2022202320242025
Operating result€14,261--€17,504€16,894€14,720▼ 12.9%
Net result€10,661within the sector's middle half--€24,486below the sector's middle half-€126below the sector's middle half▲ 99.5%-€4,422below the sector's middle half▼ 3,408%
Equity€40,661within the sector's middle half-€16,175below the sector's middle half▼ 60.2%€16,049below the sector's middle half▼ 0.8%€11,627below the sector's middle half▼ 27.6%
Total assets€48,613below the sector's middle half-€276,473within the sector's middle half▲ 469%€703,755above the sector's middle half▲ 155%€519,135above the sector's middle half▼ 26.2%
Debt€7,952-€260,298▲ 33×€687,706▲ 164%€507,508▼ 26.2%
Working capital€40,661within the sector's middle half--€54,092below the sector's middle half-€19,245below the sector's middle half▲ 64.4%-€36,149below the sector's middle half▼ 87.8%
Solvency83.6%above the sector's middle half-5.9%below the sector's middle half▼ 77.8pp2.3%below the sector's middle half▼ 3.6pp2.2%below the sector's middle half=
Current ratio6.11above the sector's middle half-0.25below the sector's middle half▼ 5.860.92below the sector's middle half▲ 0.670.50below the sector's middle half▼ 0.42
Return on assets (ROA)21.9%above the sector's middle half--8.9%below the sector's middle half▼ 30.8pp0.0%below the sector's middle half▲ 8.8pp-0.9%below the sector's middle half▼ 0.8pp
Staff (FTE)1
above within below The sector band is the middle half of the companies in Veterinary activities (NACE 75). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €519,135
Fixed assets €483,127 ▼ 0.8%
Current assets €36,008 ▼ 83.4%
Equity and liabilities €519,135
Equity €11,627 ▼ 27.6%
Debt €507,508 ▼ 26.2%
Debt's share of the balance-sheet total stays at 97.8%.
Key figures and ratios
2025 value · change against 2024
EBITDA
€34,992▲
2024 · €26,408
Cash flow
€15,849▲
2024 · €9,388
Debt to equity
43.65▲
2024 · 42.85
ROE
-38.0%▼
2024 · -0.8%
Interest coverage
1.83▲
2024 · 1.54
Debt ≤ 1 year
€72,157▼
2024 · €235,820
Debt > 1 year
€435,351▼
2024 · €451,885
Staff costs
€27,642
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-12-2025
Employees at the balance-sheet date1
full-time1
in full-time equivalents1
Average over the year, in full-time equivalents1
On a permanent contract1
Joined1
Left0

Source: social balance sheet in the 2025 annual accounts

Investments

fixed assets acquired
Item2022202320242025
Tangible fixed assets-€290,896€238,089€15,947
Financial fixed assets---€272
Depreciation and write-downs of the year-€32,291€9,514€20,272

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Comparable companies

These companies have the same main activity as ABIVET: veterinary services (NACE 75000). They are comparable in size and age: total assets between €447,000 and €652,000, founded between 2020 and 2023.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
ABIVET Les Bons Villers2022€519,135€11,627€64,019-€4,4222025
DAP EQUILOT Hoogstraten2021€446,760€96,451€62,123€23,7682025
DAP KAREN HILLEWAERE Roeselare2023€652,230€15,367€57,057€13,8072025
Dierenartspraktijk DAS Antwerpen2023€598,809€148,254€81,287€38,6662025
LIANDS Malmedy2022€651,316€59,530€52,501€113,9302025
CURAMED Paliseul2022€516,610€127,465€46,667€33,7032025
Dierenartsenpraktijk Ine Pszeniczko Balen2020€526,323€86,472€66,177€34,4952025

They were chosen from the 2,035 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 1,301 companies had the same profile as ABIVET has now. Two years later, 5.5% had gone bankrupt and 92.6% were still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a small loss
5.5% went bankrupt
1.6% stopped otherwise
92.6% was still going

Another 0.2% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of ABIVET itself is lower: 0.1% within 12 months. It rests on far more data about ABIVET than the profile alone.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,301 companies, not a prediction for ABIVET. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines

Source: Annual accounts 2025 at the NBB, filed on 10-08-2026.

Balance sheet Code20242025
Assets
Total assets20/58€703,755€519,135▼
Fixed assets21/28€487,180€483,127▼
Tangible fixed assets22/27€487,180€482,855▼
Land and buildings22€461,331€448,252▼
Plant, machinery and equipment23€5,203€14,808▲
Furniture and vehicles24€20,646€19,796▼
Financial fixed assets28-€272
Current assets29/58€216,575€36,008▼
Amounts receivable within one year40/41€206,953€15,792▼
Trade receivables40€206,942€15,776▼
Other amounts receivable41€10€16▲
Cash at bank and in hand54/58€9,622€20,216▲
Equity and liabilities
Total equity and liabilities10/49€703,755€519,135▼
Equity10/15€16,049€11,627▼
Contributions10/11€30,000€30,000=
Profit (loss) carried forward14-€13,951-€18,373▼
Amounts payable17/49€687,706€507,508▼
Amounts payable after more than one year17€451,885€435,351▼
Financial debts170/4€451,885€435,351▼
Amounts payable within one year42/48€235,820€72,157▼
Current portion of amounts payable after more than one year42€21,452€25,018▲
Trade debts44€192,627€7,294▼
Suppliers440/4€192,627€7,294▼
Taxes, remuneration and social security45€4,003€7,589▲
Taxes450/3€4,003€4,476▲
Remuneration and social security454/9-€3,113
Other amounts payable47/48€17,739€32,255▲
Income statement Code20242025
Remuneration, social security and pensions62-€27,642
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,514€20,272▲
Other operating charges640/8€3,029€1,385▼
Gross operating margin9900€29,437€64,019▲
Operating profit (loss)9901€16,894€14,720▼
Financial income75/76B€111€18▼
Recurring financial income75€111€18▼
Financial charges65/66B€17,131€19,160▲
Recurring financial charges65€17,131€19,160▲
Profit (loss) for the period before taxes9903-€126-€4,422▼
Profit (loss) for the period9904-€126-€4,422▼
Profit (loss) for the period to be appropriated9905-€126-€4,422▼
Appropriation of the result
Profit (loss) to be appropriated9906-€13,951-€18,373▼
Profit (loss) brought forward from the previous period14P-€13,825-€13,951▼

The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line2022202320242025Change
Remuneration, social security and pensions62---€27,642-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€32,291€9,514€20,272▲ 113%
Other operating charges640/8-€100€3,029€1,385▼ 54.3%
Gross operating margin9900€14,261€14,887€29,437€64,019▲ 117%
Operating profit (loss)9901€14,261-€17,504€16,894€14,720▼ 12.9%
Financial income75/76B€1€0€111€18▼ 83.8%
Recurring financial income75€1€0€111€18▼ 83.8%
Financial charges65/66B€10€6,982€17,131€19,160▲ 11.8%
Recurring financial charges65€10€6,982€17,131€19,160▲ 11.8%
Profit (loss) for the period before taxes9903€14,252-€24,486-€126-€4,422▼ 3,408%
Income taxes67/77€3,590----
Profit (loss) for the period9904€10,661-€24,486-€126-€4,422▼ 3,408%
Profit (loss) for the period to be appropriated9905€10,661-€24,486-€126-€4,422▼ 3,408%
Line2022202320242025Change
Assets
Total assets20/58€48,613€276,473€703,755€519,135▼ 26.2%
Fixed assets21/28-€258,605€487,180€483,127▼ 0.8%
Tangible fixed assets22/27-€258,605€487,180€482,855▼ 0.9%
Land and buildings22-€196,108€461,331€448,252▼ 2.8%
Plant, machinery and equipment23-€3,135€5,203€14,808▲ 185%
Furniture and vehicles24--€20,646€19,796▼ 4.1%
Assets under construction and advance payments27-€59,362---
Financial fixed assets28---€272-
Current assets29/58€48,613€17,869€216,575€36,008▼ 83.4%
Amounts receivable within one year40/41€10,593€9,312€206,953€15,792▼ 92.4%
Trade receivables40€10,593€9,312€206,942€15,776▼ 92.4%
Other amounts receivable41--€10€16▲ 52.2%
Cash at bank and in hand54/58€37,124€7,401€9,622€20,216▲ 110%
Deferred charges and accrued income490/1€896€1,155---
Equity and liabilities
Total equity and liabilities10/49€48,613€276,473€703,755€519,135▼ 26.2%
Equity10/15€40,661€16,175€16,049€11,627▼ 27.6%
Contributions10/11€30,000€30,000€30,000€30,000=
Profit (loss) carried forward14€10,661-€13,825-€13,951-€18,373▼ 31.7%
Amounts payable17/49€7,952€260,298€687,706€507,508▼ 26.2%
Amounts payable after more than one year17-€188,337€451,885€435,351▼ 3.7%
Financial debts170/4-€188,337€451,885€435,351▼ 3.7%
Amounts payable within one year42/48€7,952€71,961€235,820€72,157▼ 69.4%
Current portion of amounts payable after more than one year42-€7,083€21,452€25,018▲ 16.6%
Trade debts44€1,011€56,027€192,627€7,294▼ 96.2%
Suppliers440/4€1,011€56,027€192,627€7,294▼ 96.2%
Taxes, remuneration and social security45€6,942€2,851€4,003€7,589▲ 89.6%
Taxes450/3€6,942€2,851€4,003€4,476▲ 11.8%
Remuneration and social security454/9---€3,113-
Other amounts payable47/48-€6,000€17,739€32,255▲ 81.8%
Line2022202320242025Change
Profit (loss) for the period9904€10,661-€24,486-€126-€4,422▼ 3,408%
+ Depreciation and write-downs630-€32,291€9,514€20,272▲ 113%
Operating cash flow (approximation)€10,661€7,806€9,388€15,849▲ 68.8%
Investment in fixed assets (approximation)---€238,089-€16,219▲ 93.2%
Change in cash--€29,723€2,221€10,594▲ 377%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (4)
Financial year Type Filed Reference Document
31-12-2025 micro format 10-08-2026 2026-00390741 NBB
31-12-2024 micro format 29-06-2025 2025-00210395 PDF
31-12-2023 micro format 28-06-2024 2024-00216089 PDF
31-12-2022 micro format 01-09-2023 2023-00423651 PDF

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