ANIMATH
ActiveSummary
ANIMATH has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €253,812 and a net result of €251,666. Equity is shrinking by ~40.2% per year across the filed fiscal years. Its solvency ranks better than 77% of 244 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+38
Solvency97▲+71
Growth78▲+46
Track record94
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24,000 at 30 days acceptable
Liquidity ample (current ratio 1.71 against 3.24 in 2024; short-term debt: 28.5% and cash: 36.3% of total assets), and 28.5% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 75
Relative position
BE, all sectors
reference
Veterinary activities (NACE 75)
about 90% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2025Solvency, return and age of the figures
Solvency
71.5%
Return on assets
70.9%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €253,812
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
29 d early
2024
1 d early
2023
89 d late
2022
54 d early
2021
73 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 14 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€253,812▲ 11,725%
2024 · €2,146
Total assets
€354,940=
2024 · €354,792
Net result
€251,666
2024 · -€19,319
Working capital
€71,861▼ 23.1%
2024 · €93,472
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€121,122--€18,340-€47,023▼ 156%-€18,744▲ 60.1%€8,653
Net result€92,240--€23,524-€49,250▼ 109%-€19,319▲ 60.8%€251,666
Equity€94,240-€70,716▼ 25.0%€21,466▼ 69.6%€2,146▼ 90.0%€253,812▲ 11,725%
Total assets€588,803-€473,703▼ 19.5%€390,938▼ 17.5%€354,792▼ 9.2%€354,940=
Debt€494,563-€402,987▼ 18.5%€369,472▼ 8.3%€352,645▼ 4.6%€101,128▼ 71.3%
Working capital€23,788-€44,192▲ 85.8%€74,213▲ 67.9%€93,472▲ 25.9%€71,861▼ 23.1%
Staff (FTE)2
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €8,653 after a loss of €18,744 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €354,918
Fixed assets
€181,929 ▼ 17.0%
Current assets
€172,989 ▲ 27.9%
Equity and liabilities €354,940
Equity
€253,812 ▲ 11,725%
Debt
€101,128 ▼ 71.3%
Debt's share of the balance-sheet total falls from 99.4% to 28.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€46,227▲
2024 · €22,728
Cash flow
€289,239▲
2024 · €22,153
Current ratio
1.71▼
2024 · 3.24
Quick ratio
1.50▼
2024 · 2.67
Debt to equity
0.40
ROE
99.2%▲
2024 · -900.0%
ROA
70.9%▲
2024 · -5.4%
Interest coverage
115.71▲
2024 · 35.84
Debt ≤ 1 year
€101,128▲
2024 · €41,745
Income taxes
€64,398▲
2024 · -€18
Staff costs
€65,668▲
2024 · €59,395
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €39,300 | €49,621 | €55,129 | €59,395 | €65,668 | ▲ 10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €65,737 | €57,367 | €57,333 | €41,472 | €37,574 | ▼ 9.4% |
| Other operating charges640/8 | €3,782 | €5,063 | €1,823 | €6,234 | €950 | ▼ 84.8% |
| Non-recurring operating charges66A | - | - | - | - | €51 | - |
| Gross operating margin9900 | €229,940 | €93,712 | €67,262 | €88,357 | €112,895 | ▲ 27.8% |
| Operating profit (loss)9901 | €121,122 | -€18,340 | -€47,023 | -€18,744 | €8,653 | ▲ 146% |
| Financial income75/76B | - | €2 | €34 | €41 | €307,810 | ▲ 746,467% |
| Recurring financial income75 | - | €2 | €34 | €41 | €31 | ▼ 26.0% |
| Non-recurring financial income76B | - | - | - | - | €307,779 | - |
| Financial charges65/66B | €3,106 | €4,901 | €2,090 | €634 | €400 | ▼ 37.0% |
| Recurring financial charges65 | €3,106 | €4,901 | €2,090 | €634 | €400 | ▼ 37.0% |
| Profit (loss) for the period before taxes9903 | €118,016 | -€23,238 | -€49,079 | -€19,337 | €316,063 | ▲ 1,734% |
| Income taxes67/77 | €25,776 | €286 | €171 | -€18 | €64,398 | ▲ 356,281% |
| Profit (loss) for the period9904 | €92,240 | -€23,524 | -€49,250 | -€19,319 | €251,666 | ▲ 1,403% |
| Profit (loss) for the period to be appropriated9905 | €92,240 | -€23,524 | -€49,250 | -€19,319 | €251,666 | ▲ 1,403% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €588,803 | €473,703 | €390,938 | €354,792 | €354,940 | = |
| Formation expenses20 | €967 | €731 | €495 | €258 | €22 | ▼ 91.5% |
| Fixed assets21/28 | €395,491 | €317,650 | €260,554 | €219,317 | €181,929 | ▼ 17.0% |
| Intangible fixed assets21 | €306,904 | €271,540 | €236,178 | €201,178 | €166,178 | ▼ 17.4% |
| Tangible fixed assets22/27 | €58,224 | €37,414 | €15,679 | €9,443 | €7,055 | ▼ 25.3% |
| Plant, machinery and equipment23 | €20,256 | €16,679 | €12,141 | €9,443 | €7,055 | ▼ 25.3% |
| Furniture and vehicles24 | €37,968 | €20,734 | €3,538 | - | - | - |
| Financial fixed assets28 | €30,363 | €8,696 | €8,696 | €8,696 | €8,696 | = |
| Current assets29/58 | €192,346 | €155,322 | €129,889 | €135,216 | €172,989 | ▲ 27.9% |
| Stocks and contracts in progress3 | - | €32,642 | €27,469 | €23,658 | €21,096 | ▼ 10.8% |
| Stocks30/36 | - | €32,642 | €27,469 | €23,658 | €21,096 | ▼ 10.8% |
| Amounts receivable within one year40/41 | €12,692 | €31,362 | €23,899 | €23,667 | €22,364 | ▼ 5.5% |
| Trade receivables40 | €4,151 | €10,636 | €13,462 | €6,248 | €12,884 | ▲ 106% |
| Other amounts receivable41 | €8,540 | €20,725 | €10,437 | €17,420 | €9,480 | ▼ 45.6% |
| Cash at bank and in hand54/58 | €173,386 | €86,979 | €75,908 | €85,838 | €128,765 | ▲ 50.0% |
| Deferred charges and accrued income490/1 | €6,269 | €4,339 | €2,614 | €2,053 | €764 | ▼ 62.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €588,803 | €473,703 | €390,938 | €354,792 | €354,940 | = |
| Equity10/15 | €94,240 | €70,716 | €21,466 | €2,146 | €253,812 | ▲ 11,725% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | €92,240 | €68,716 | €19,466 | €146 | - | - |
| Distributable reserves133 | €92,240 | €68,716 | €19,466 | €146 | - | - |
| Profit (loss) carried forward14 | - | - | - | - | €251,812 | - |
| Amounts payable17/49 | €494,563 | €402,987 | €369,472 | €352,645 | €101,128 | ▼ 71.3% |
| Amounts payable after more than one year17 | €326,005 | €291,858 | €307,779 | €307,779 | - | - |
| Financial debts170/4 | €326,005 | €291,858 | - | - | - | - |
| Other amounts payable178/9 | - | - | €307,779 | €307,779 | - | - |
| Amounts payable within one year42/48 | €168,558 | €111,129 | €55,676 | €41,745 | €101,128 | ▲ 142% |
| Current portion of amounts payable after more than one year42 | €36,110 | €34,148 | - | - | - | - |
| Trade debts44 | €36,323 | €43,365 | €32,954 | €26,846 | €19,961 | ▼ 25.6% |
| Suppliers440/4 | €36,323 | €43,365 | €32,954 | €26,846 | €19,961 | ▼ 25.6% |
| Taxes, remuneration and social security45 | €30,119 | €33,617 | €16,548 | €5,096 | €71,353 | ▲ 1,300% |
| Taxes450/3 | €26,000 | €26,104 | €774 | €14 | €64,411 | ▲ 474,208% |
| Remuneration and social security454/9 | €4,118 | €7,513 | €15,773 | €5,083 | €6,942 | ▲ 36.6% |
| Other amounts payable47/48 | €66,007 | - | €6,174 | €9,802 | €9,814 | ▲ 0.1% |
| Accrued charges and deferred income492/3 | - | - | €6,017 | €3,122 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €92,240 | -€23,524 | -€49,250 | -€19,319 | €251,666 | ▲ 1,403% |
| + Depreciation and write-downs630 | €65,737 | €57,367 | €57,333 | €41,472 | €37,574 | ▼ 9.4% |
| Operating cash flow (approximation) | €157,977 | €33,843 | €8,083 | €22,153 | €289,239 | ▲ 1,206% |
| Investment in fixed assets (approximation) | - | €20,473 | -€236 | -€236 | -€185 | ▲ 21.5% |
| Change in cash | - | -€86,407 | -€11,072 | €9,930 | €42,927 | ▲ 332% |
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
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €251,666
Net result €251,666 after 3 loss-making years.
31-12
Financial
Equity above €200,000Eq €253,812 ▲11,725%
Equity rises from €2,146 to €253,812.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 89 days late
2023
31-12
Financial
Weakest financial yearnet -€49,250
Net result drops to -€49,250, the lowest in the series; recovery starts the following year.
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
19-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
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, Ath · 1 establishment unit since 2021
Ground area
815 m²
Building footprint
172 m²
Parcel 51004C0161/00H003, Wallonia. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
ANIMATH
since 20212.313.011.421
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51004C0161/00H003 | Wallonia | 815 m² | 1 · 172 m² | - |
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.
Similar companies · same sector, comparable size
DE KIMPE KAROLIEN
BE 0725.798.639
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VETAVW
BE 0463.640.895
Welkenraedt · Eq €253,140
AMMENDOLA ANTONIO
BE 0888.736.863
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HASSOVET
BE 0654.936.080
Hasselt · Eq €255,750
DierenArtsPraktijk De Sphynx
BE 0792.245.718
Tremelo · Eq €251,767
Of 6,090 companies in sector 75000 we hold annual accounts for 1,951. 1,572 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
Founded05-02-2021
Fiscal year end31-12
Activities, NACEBEL 2025
75000Veterinary services
Scores and ratios are computed by Checked and are not a credit decision.