ANECO
ActiveSummary
ANECO has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €936,117 and a net result of €192,163. Equity is shrinking by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 74% of 19918 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability90▲+6
Solvency100▲+5
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80,000 at 30 days acceptable
Liquidity ample (current ratio 5.31 against 5.05 in 2023; short-term debt: 15.4% and cash: 13.3% of total assets), and 15.4% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
84.6%
Return on assets
17.4%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
17 d early
2022
24 d late
2021
16 d late
2020
23 d late
2019
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 7 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€936,117▲ 4.6%
2023 · €894,759
Total assets
€1.1m▼ 13.7%
2023 · €1.3m
Net result
€192,163▲ 20.6%
2023 · €159,279
Working capital
€737,018▼ 12.4%
2023 · €841,353
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€182,122▼ 14.0%€199,437▲ 9.5%€246,130▲ 23.4%€224,717▼ 8.7%€260,690▲ 16.0%
Net result€122,524above the sector's middle half▼ 18.8%€254,352above the sector's middle half▲ 108%€177,742above the sector's middle half▼ 30.1%€159,279above the sector's middle half▼ 10.4%€192,163above the sector's middle half▲ 20.6%
Equity€1.2mabove the sector's middle half▼ 2.8%€1.1mabove the sector's middle half▼ 13.0%€1.1mabove the sector's middle half▼ 0.1%€894,759above the sector's middle half▼ 17.4%€936,117above the sector's middle half▲ 4.6%
Total assets€1.4mabove the sector's middle half▼ 3.7%€1.3mabove the sector's middle half▼ 9.1%€1.3mabove the sector's middle half▲ 2.1%€1.3mabove the sector's middle half▼ 4.2%€1.1mabove the sector's middle half▼ 13.7%
Debt€195,896▼ 9.0%€226,811▲ 15.8%€255,600▲ 12.7%€387,700▲ 51.7%€171,025▼ 55.9%
Working capital€1.2m▼ 2.0%€1.1m▼ 11.1%€994,653▼ 5.9%€841,353▼ 15.4%€737,018▼ 12.4%
Solvency86.4%above the sector's middle half▲ 0.8pp82.7%above the sector's middle half▼ 3.7pp80.9%within the sector's middle half▼ 1.8pp69.8%within the sector's middle half▼ 11.1pp84.6%within the sector's middle half▲ 14.8pp
above
within
below
the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 16% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.1m
Fixed assets
€199,099 ▼ 14.7%
Current assets
€908,043 ▼ 13.4%
Equity and liabilities €1.1m
Equity
€936,117 ▲ 4.6%
Debt
€171,025 ▼ 55.9%
Debt's share of the balance-sheet total falls from 30.2% to 15.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€297,995▲
2023 · €262,663
Cash flow
€229,468▲
2023 · €197,225
Current ratio
5.31▲
2023 · 5.05
Debt to equity
0.18▼
2023 · 0.43
ROE
20.5%▲
2023 · 17.8%
ROA
17.4%▲
2023 · 12.4%
Interest coverage
60.68▼
2023 · 64.53
Debt ≤ 1 year
€171,025▼
2023 · €207,700
Debt > 1 year
€0▼
2023 · €180,000
Income taxes
€83,431▲
2023 · €67,711
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,792 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
3.2%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,792 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28,583 | €30,340 | €24,050 | €37,946 | €37,305 | ▼ 1.7% |
| Other operating charges640/8 | - | €1,482 | €2,080 | €1,836 | €2,308 | ▲ 25.7% |
| Gross operating margin9900 | €212,949 | €231,259 | €272,260 | €264,499 | €300,302 | ▲ 13.5% |
| Operating profit (loss)9901 | €182,122 | €199,437 | €246,130 | €224,717 | €260,690 | ▲ 16.0% |
| Financial income75/76B | - | €136,718 | €13,208 | €6,343 | €19,815 | ▲ 212% |
| Recurring financial income75 | €22,495 | €136,718 | €13,208 | €6,343 | €19,815 | ▲ 212% |
| Financial charges65/66B | - | €1,166 | €1,241 | €4,070 | €4,911 | ▲ 20.6% |
| Recurring financial charges65 | €23,338 | €1,166 | €1,241 | €4,070 | €4,911 | ▲ 20.6% |
| Profit (loss) for the period before taxes9903 | €181,279 | €334,989 | €258,097 | €226,990 | €275,594 | ▲ 21.4% |
| Income taxes67/77 | €58,755 | €80,637 | €80,355 | €67,711 | €83,431 | ▲ 23.2% |
| Profit (loss) for the period9904 | €122,524 | €254,352 | €177,742 | €159,279 | €192,163 | ▲ 20.6% |
| Profit (loss) for the period to be appropriated9905 | €122,524 | €254,352 | €177,742 | €159,279 | €192,163 | ▲ 20.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.4m | €1.3m | €1.3m | €1.3m | €1.1m | ▼ 13.7% |
| Fixed assets21/28 | €237,795 | €207,454 | €268,856 | €233,405 | €199,099 | ▼ 14.7% |
| Tangible fixed assets22/27 | €237,795 | €207,454 | €268,856 | €233,405 | €199,099 | ▼ 14.7% |
| Land and buildings22 | - | €170,036 | €156,043 | €142,051 | €128,059 | ▼ 9.9% |
| Plant, machinery and equipment23 | - | €1,207 | €847 | €2,602 | €4,476 | ▲ 72.0% |
| Furniture and vehicles24 | - | €34,162 | €98,441 | €76,252 | €54,063 | ▼ 29.1% |
| Other tangible fixed assets26 | - | €2,050 | €13,525 | €12,500 | €12,500 | = |
| Current assets29/58 | €1.2m | €1.1m | €1.1m | €1.0m | €908,043 | ▼ 13.4% |
| Amounts receivable within one year40/41 | €109,450 | €129,738 | €91,237 | €94,152 | €84,604 | ▼ 10.1% |
| Trade receivables40 | - | €59,196 | €62,736 | €67,327 | €83,924 | ▲ 24.7% |
| Other amounts receivable41 | - | €70,542 | €28,501 | €26,825 | €680 | ▼ 97.5% |
| Current investments50/53 | €986,330 | €943,504 | €881,548 | €874,797 | €665,573 | ▼ 23.9% |
| Cash at bank and in hand54/58 | €103,022 | €22,099 | €89,214 | €71,028 | €147,284 | ▲ 107% |
| Deferred charges and accrued income490/1 | - | €8,995 | €8,253 | €9,075 | €10,582 | ▲ 16.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.4m | €1.3m | €1.3m | €1.3m | €1.1m | ▼ 13.7% |
| Equity10/15 | €1.2m | €1.1m | €1.1m | €894,759 | €936,117 | ▲ 4.6% |
| Contributions10/11 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €1.2m | €1.1m | €1.1m | €882,217 | €923,575 | ▲ 4.7% |
| Non-distributable reserves130/1 | - | €17,515 | €17,515 | €17,515 | €17,515 | = |
| Reserves not available under the articles1311 | - | €17,515 | €17,515 | €17,515 | €17,515 | = |
| Distributable reserves133 | - | €1.1m | €1.1m | €864,702 | €906,060 | ▲ 4.8% |
| Profit (loss) carried forward14 | €141 | €141 | €141 | €141 | €141 | = |
| Amounts payable17/49 | €195,896 | €226,811 | €255,600 | €387,700 | €171,025 | ▼ 55.9% |
| Amounts payable after more than one year17 | €180,000 | €180,000 | €180,000 | €180,000 | €0 | ▼ 100% |
| Financial debts170/4 | - | €180,000 | €180,000 | €180,000 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €15,896 | €46,811 | €75,600 | €207,700 | €171,025 | ▼ 17.7% |
| Trade debts44 | €2,693 | €6,274 | €3,879 | €3,197 | €8,971 | ▲ 181% |
| Suppliers440/4 | - | €6,274 | €3,879 | €3,197 | €8,971 | ▲ 181% |
| Taxes, remuneration and social security45 | - | €40,538 | €43,209 | €34,152 | €18,789 | ▼ 45.0% |
| Taxes450/3 | - | €40,538 | €43,209 | €34,152 | €18,789 | ▼ 45.0% |
| Other amounts payable47/48 | - | - | €28,512 | €170,350 | €143,265 | ▼ 15.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €122,524 | €254,352 | €177,742 | €159,279 | €192,163 | ▲ 20.6% |
| + Depreciation and write-downs630 | €28,583 | €30,340 | €24,050 | €37,946 | €37,305 | ▼ 1.7% |
| Operating cash flow (approximation) | €151,107 | €284,692 | €201,792 | €197,225 | €229,468 | ▲ 16.3% |
| Investment in fixed assets (approximation) | - | €0 | -€85,452 | -€2,495 | -€2,998 | ▼ 20.2% |
| Change in cash | - | -€80,923 | €67,115 | -€18,186 | €76,255 | ▲ 519% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
14-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2021
31-12
Financial
Highest result since 2018net €254,352 ▲108%
Net result €254,352, the highest in the series.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
31-12
Financial
Weakest financial yearnet €122,524 ▼18.8%
Net result drops to €122,524, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 75.84
Current ratio from 35.33 to 75.84; short-term debt falls from €35,350 to €15,896.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-12
Financial
Liquidity times 5current ratio 35.33
Current ratio from 6.72 to 35.33; short-term debt falls from €196,460 to €35,350.
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 14 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
15-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 15 days late
2016
25-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Pepingen · 1 establishment unit since 2009
Ground area
4,458 m²
Building footprint
279 m²
Volume, LiDAR
1,762 m³
Parcel 23064B0230/00H000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Dokter Bart De Pauw, anesthesist
since 20092.303.160.476
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23064B0230/00H000 | Flanders | 4,458 m² | 1 · 279 m² | 9.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
8755000J82O08LVF1O54
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Of 16,631 companies in sector 86220 we hold annual accounts for 7,985. 5,848 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded29-06-2009
Fiscal year end31-12
Activities, NACEBEL 2025
86220Specialist medical practice
E-invoicing
Reachable via Peppol
Peppol ID
0208:0816629043
Also
9925:BE0816629043
Registered
07-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.