CEDIVET
ActiveSummary
CEDIVET has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €162k and a net result of €39k. Equity is growing by ~7.5% per year across the filed fiscal years. Its solvency ranks better than 88% of 1470 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability95▲+10
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 6.28 against 4.53 in 2023; short-term debt: 13.2% and cash: 6% of total assets), and 13.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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 75
Relative position
BE, all sectors
reference
Veterinary activities (NACE 75)
about 90% 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-10-2025, 69 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
69 d late
2023
71 d late
2022
60 d late
2021
75 d late
2020
90 d late
2019
15 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€162k▲ 31.7%
2023 · €123k
2018: €109k
2019: €90k▼ -17.4% vs 2018lowest in 7 years
2020: €99k▲ +10.7% vs 2019
2021: €123k▲ +23.3% vs 2020
2022: €105k▼ -14.8% vs 2021
2023: €123k▲ +18.0% vs 2022
2024: €162k▲ +31.7% vs 2023highest in 7 years
2018 → 2024
Total assets
€187k▲ 25.3%
2023 · €149k
2018: €146k
2019: €109k▼ -25.2% vs 2018
2020: €109k▼ -0.5% vs 2019lowest in 7 years
2021: €130k▲ +19.3% vs 2020
2022: €118k▼ -9.4% vs 2021
2023: €149k▲ +27.1% vs 2022
2024: €187k▲ +25.3% vs 2023highest in 7 years
2018 → 2024
Net result
€39k▲ 107%
2023 · €19k
2018: €-15k
2019: €-19k▼ -27.6% vs 2018lowest in 7 years
2020: €10k▲ +151% vs 2019
2021: €23k▲ +141% vs 2020
2022: €12k▼ -47.0% vs 2021
2023: €19k▲ +53.2% vs 2022
2024: €39k▲ +107% vs 2023highest in 7 years
2018 → 2024
Working capital
€131k▲ 42.1%
2023 · €92k
2018: €89k
2019: €64k▼ -27.6% vs 2018
2020: €64k▼ -0.6% vs 2019lowest in 7 years
2021: €87k▲ +35.9% vs 2020
2022: €72k▼ -16.9% vs 2021
2023: €92k▲ +27.7% vs 2022
2024: €131k▲ +42.1% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€99k-€123k▲ 23.3%€105k▼ 14.8%€123k▲ 18.0%€162k▲ 31.7%
2020: €99klowest in 5 years
2021: €123k▲ +23.3% vs 2020
2022: €105k▼ -14.8% vs 2021
2023: €123k▲ +18.0% vs 2022
2024: €162k▲ +31.7% vs 2023highest in 5 years
Operating result€9k-€29k▲ 234%€18k▼ 37.4%€26k▲ 41.3%€40k▲ 56.8%
2020: €9klowest in 5 years
2021: €29k▲ +234% vs 2020
2022: €18k▼ -37.4% vs 2021
2023: €26k▲ +41.3% vs 2022
2024: €40k▲ +56.8% vs 2023highest in 5 years
Net result€10k-€23k▲ 141%€12k▼ 47.0%€19k▲ 53.2%€39k▲ 107%
2020: €10klowest in 5 years
2021: €23k▲ +141% vs 2020
2022: €12k▼ -47.0% vs 2021
2023: €19k▲ +53.2% vs 2022
2024: €39k▲ +107% vs 2023highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 57% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €187k
Fixed assets
€32k ▲ 1.2%
Current assets
€155k ▲ 31.7%
Equity and liabilities €187k
Equity
€162k ▲ 31.7%
Debt
€25k ▼ 5.0%
Debt's share of the balance-sheet total falls from 17.4% to 13.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€41k▲
2023 · €28k
Cash flow
€40k▲
2023 · €21k
Current ratio
6.28▲
2023 · 4.53
Debt to equity
0.15▼
2023 · 0.21
ROE
24.1%▲
2023 · 15.3%
ROA
20.9%▲
2023 · 12.6%
Interest coverage
76.16▲
2023 · 27.55
Debt ≤ 1 year
€25k▼
2023 · €26k
Income taxes
€13k▲
2023 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€149k€187k▲
Fixed assets21/28€31k€32k▲
Tangible fixed assets22/27€31k€32k▲
Land and buildings22€30k€30k=
Plant, machinery and equipment23€1k€654▼
Furniture and vehicles24€421€1k▲
Current assets29/58€118k€155k▲
Amounts receivable after more than one year29€17k€17k=
Trade receivables290€17k€17k=
Amounts receivable within one year40/41€22k€0▼
Trade receivables40€20k€0▼
Other amounts receivable41€1k€0▼
Current investments50/53€77k€125k▲
Cash at bank and in hand54/58€80€11k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€149k€187k▲
Equity10/15€123k€162k▲
Contributions10/11€12k€12k=
Reserves13€120k€120k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€119k€119k=
Profit (loss) carried forward14€-9k€30k▲
Amounts payable17/49€26k€25k▼
Amounts payable within one year42/48€26k€25k▼
Financial debts43€1k€0▼
Credit institutions430/8€1k€0▼
Trade debts44€9k€3k▼
Suppliers440/4€9k€3k▼
Taxes, remuneration and social security45€15k€19k▲
Taxes450/3€15k€19k▲
Other amounts payable47/48-€3k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€879▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€30k€43k▲
Operating profit (loss)9901€26k€40k▲
Financial income75/76B€2k€12k▲
Recurring financial income75€2k€12k▲
Financial charges65/66B€1k€542▼
Recurring financial charges65€1k€542▼
Profit (loss) for the period before taxes9903€27k€52k▲
Income taxes67/77€8k€13k▲
Profit (loss) for the period9904€19k€39k▲
Profit (loss) for the period to be appropriated9905€19k€39k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€30k▲
Profit (loss) brought forward from the previous period14P€-28k€-9k▲
Transfer from equity791/2€0-
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €3k | €4k | €2k | €879 | ▼ 62.4% |
| Other operating charges640/8 | - | €1k | €1k | €2k | €2k | ▲ 12.8% |
| Gross operating margin9900 | €11k | €34k | €23k | €30k | €43k | ▲ 44.9% |
| Operating profit (loss)9901 | €9k | €29k | €18k | €26k | €40k | ▲ 56.8% |
| Financial income75/76B | - | €59 | €26 | €2k | €12k | ▲ 546% |
| Recurring financial income75 | €3k | €59 | €26 | €2k | €12k | ▲ 546% |
| Financial charges65/66B | - | €1k | €860 | €1k | €542 | ▼ 46.9% |
| Recurring financial charges65 | €1k | €1k | €860 | €1k | €542 | ▼ 46.9% |
| Profit (loss) for the period before taxes9903 | €10k | €28k | €17k | €27k | €52k | ▲ 95.8% |
| Income taxes67/77 | €681 | €5k | €5k | €8k | €13k | ▲ 67.9% |
| Profit (loss) for the period9904 | €10k | €23k | €12k | €19k | €39k | ▲ 107% |
| Profit (loss) for the period to be appropriated9905 | €10k | €23k | €12k | €19k | €39k | ▲ 107% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €109k | €130k | €118k | €149k | €187k | ▲ 25.3% |
| Fixed assets21/28 | €36k | €36k | €33k | €31k | €32k | ▲ 1.2% |
| Tangible fixed assets22/27 | €36k | €36k | €33k | €31k | €32k | ▲ 1.2% |
| Land and buildings22 | - | €30k | €30k | €30k | €30k | = |
| Plant, machinery and equipment23 | - | - | - | €1k | €654 | ▼ 38.7% |
| Furniture and vehicles24 | - | €6k | €3k | €421 | €1k | ▲ 185% |
| Current assets29/58 | €72k | €94k | €85k | €118k | €155k | ▲ 31.7% |
| Amounts receivable after more than one year29 | - | €17k | €17k | €17k | €17k | = |
| Trade receivables290 | - | €17k | €17k | €17k | €17k | = |
| Amounts receivable within one year40/41 | €32k | €47k | €21k | €22k | €0 | ▼ 100% |
| Trade receivables40 | - | €14k | €18k | €20k | €0 | ▼ 100% |
| Other amounts receivable41 | - | €33k | €4k | €1k | €0 | ▼ 100% |
| Current investments50/53 | €8k | €13k | €41k | €77k | €125k | ▲ 62.1% |
| Cash at bank and in hand54/58 | €6k | €13k | €3k | €80 | €11k | ▲ 13,763% |
| Deferred charges and accrued income490/1 | - | €2k | €2k | €2k | €2k | ▲ 4.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €109k | €130k | €118k | €149k | €187k | ▲ 25.3% |
| Equity10/15 | €99k | €123k | €105k | €123k | €162k | ▲ 31.7% |
| Contributions10/11 | - | €12k | €12k | €12k | €12k | = |
| Reserves13 | €128k | €151k | €120k | €120k | €120k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €149k | €119k | €119k | €119k | = |
| Profit (loss) carried forward14 | €-41k | €-41k | €-28k | €-9k | €30k | ▲ 412% |
| Amounts payable17/49 | €9k | €7k | €13k | €26k | €25k | ▼ 5.0% |
| Amounts payable after more than one year17 | €618 | €0 | - | - | - | - |
| Financial debts170/4 | - | €0 | - | - | - | - |
| Amounts payable within one year42/48 | €9k | €7k | €13k | €26k | €25k | ▼ 5.0% |
| Current portion of amounts payable after more than one year42 | - | €618 | €0 | - | - | - |
| Financial debts43 | - | - | - | €1k | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | €1k | €0 | ▼ 100% |
| Trade debts44 | €2k | €219 | €542 | €9k | €3k | ▼ 62.9% |
| Suppliers440/4 | - | €219 | €542 | €9k | €3k | ▼ 62.9% |
| Taxes, remuneration and social security45 | - | €6k | €12k | €15k | €19k | ▲ 21.2% |
| Taxes450/3 | - | €6k | €12k | €15k | €19k | ▲ 21.2% |
| Other amounts payable47/48 | - | - | - | - | €3k | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10k | €23k | €12k | €19k | €39k | ▲ 107% |
| + Depreciation and write-downs630 | €1k | €3k | €4k | €2k | €879 | ▼ 62.4% |
| Operating cash flow (approximation) | €11k | €27k | €16k | €21k | €40k | ▲ 88.7% |
| Investment in fixed assets (approximation) | - | €-3k | €0 | €-1k | €-1k | ▼ 0.3% |
| Change in cash | - | €7k | €-10k | €-3k | €11k | ▲ 432% |
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
08-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 69 days late
2024
31-12
Financial
Highest result since 2018net €39k ▲107%
Operating result €40k, net result €39k, both a record.
31-12
Financial
Equity above €150kEq €162k ▲31.7%
5 profitable years in a row build equity to €162k.
10-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 71 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
14-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 75 days late
2021
31-12
Financial
Equity above €100kEq €123k ▲23.3%
2 profitable years in a row build equity to €123k.
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
31-12
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-19k
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
Show earlier events
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
18-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Destelbergen · 1 establishment unit since 2010
Ground area
85 m²
Building footprint
56 m²
Volume, LiDAR
357 m³
Parcel 44013A0002/02K003, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Dendermondesteenweg 22, 9070 Destelbergen
since 20102.187.094.830
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44013A0002/02K003 | Flanders | 85 m² | 1 · 56 m² | 10.4 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
98450076A742CB58E740
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Of 6,078 companies in sector 75000 we hold annual accounts for 1,950. 1,692 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
Founded07-04-2010
Fiscal year end31-12
Activities, NACEBEL 2025
75000Veterinary services
Scores and ratios are computed by Checked and are not a credit decision.