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DELIVET

Active
Private limited companyfounded 201511 yrs activeBurg 5, 8000 Brugge, BelgiumKBO/BCE: BE 0631.927.977
Summary

DELIVET has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €190,385 and a net result of €51,656. Equity is growing by ~24.8% per year across the filed fiscal years. Its solvency ranks better than 22% 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
Profitability77▲+4
Solvency51▲+8
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity short (current ratio 0.11 against 0.04 in 2023; short-term debt: 37.2% and cash: 0.3% of total assets), and 74.5% of the assets are financed with debt.
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Signals

Three 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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 1470 sector peers (2024).
NBB · sector comparison
Position among 1470 sector peers
Solvency
better than 22%
← weakest strongest →
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 10-07-2025, 21 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
not confirmed
2024
21 d early
2023
29 d late
2022
24 d late
2021
5 d late
2020
30 d early
2019
20 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 5 days after 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 (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

DELIVET was incorporated on 11 June 2015.1 Total assets fell from EUR 883,581 in 2018 to EUR 746,535 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€190,385▲ 37.2%
2023 · €138,729
Total assets
€746,535▼ 0.6%
2023 · €751,395
Net result
€51,656▲ 119%
2023 · €23,550
Working capital
-€246,810▲ 10.0%
2023 · -€274,243
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 75, Veterinary 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€49,222▼ 25.4%€40,684▼ 17.3%€41,504▲ 2.0%€47,318▲ 14.0%€95,841▲ 103%
Net result€24,600within the sector's middle half▼ 30.6%€18,296within the sector's middle half▼ 25.6%€19,059within the sector's middle half▲ 4.2%€23,550within the sector's middle half▲ 23.6%€51,656within the sector's middle half▲ 119%
Equity€79,824within the sector's middle half▲ 44.5%€98,120within the sector's middle half▲ 22.9%€117,179within the sector's middle half▲ 19.4%€138,729within the sector's middle half▲ 18.4%€190,385within the sector's middle half▲ 37.2%
Total assets€836,946above the sector's middle half▼ 5.1%€825,694above the sector's middle half▼ 1.3%€790,702above the sector's middle half▼ 4.2%€751,395above the sector's middle half▼ 5.0%€746,535above the sector's middle half▼ 0.6%
Debt€757,123▼ 8.4%€727,574▼ 3.9%€673,523▼ 7.4%€612,667▼ 9.0%€556,150▼ 9.2%
Working capital-€228,384below the sector's middle half▼ 1.6%-€245,399below the sector's middle half▼ 7.4%-€257,355below the sector's middle half▼ 4.9%-€274,243below the sector's middle half▼ 6.6%-€246,810below the sector's middle half▲ 10.0%
Solvency9.5%below the sector's middle half▲ 3.3pp11.9%below the sector's middle half▲ 2.3pp14.8%below the sector's middle half▲ 2.9pp18.5%below the sector's middle half▲ 3.6pp25.5%below the sector's middle half▲ 7.0pp
Current ratio0.01below the sector's middle half▼ 0.020.01below the sector's middle half=0.05below the sector's middle half▲ 0.040.04below the sector's middle half▼ 0.010.11below the sector's middle half▲ 0.07
Return on assets (ROA)2.9%below the sector's middle half▼ 1.1pp2.2%below the sector's middle half▼ 0.7pp2.4%below the sector's middle half▲ 0.2pp3.1%below the sector's middle half▲ 0.7pp6.9%within the sector's middle half▲ 3.8pp
above within below the middle half (P25 to P75) of NACE 75, Veterinary 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
€0€25,000€50,000€75,000€100,000Operating result 2020: €49,222€49,222Net result 2020: €24,600€24,600Operating result 2021: €40,684€40,684Net result 2021: €18,296€18,296Operating result 2022: €41,504€41,504Net result 2022: €19,059€19,059Operating result 2023: €47,318€47,318Net result 2023: €23,550€23,550Operating result 2024: €95,841€95,841Net result 2024: €51,656€51,65620202021202220232024€0€25,000€50,000€75,000€100,000Operating result 2022: €41,504€41,500Net result 2022: €19,059€19,100Operating result 2023: €47,318€47,300Net result 2023: €23,550€23,500Operating result 2024: €95,841€95,800Net result 2024: €51,656€51,700202220232024
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 103% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €746,535
Fixed assets €715,666 ▼ 3.3%
Current assets €30,869 ▲ 170%
Equity and liabilities €746,535
Equity €190,385 ▲ 37.2%
Debt €556,150 ▼ 9.2%
Debt's share of the balance-sheet total falls from 81.5% to 74.5%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€139,043▲
2023 · €92,813
Cash flow
€94,857▲
2023 · €69,045
Debt to equity
2.92▼
2023 · 4.42
ROE
27.1%▲
2023 · 17.0%
Interest coverage
7.88▲
2023 · 6.58
Debt ≤ 1 year
€277,679▼
2023 · €285,656
Debt > 1 year
€262,670▼
2023 · €317,391
Income taxes
€26,534▲
2023 · €9,659
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,609 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 97% are still going.

  • Small
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.0% went bankrupt
2.1% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

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 2,609 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 48 lines
Balance sheet Code20232024
Assets
Total assets20/58€751,395€746,535▼
Fixed assets21/28€739,982€715,666▼
Tangible fixed assets22/27€739,982€715,666▼
Land and buildings22€697,406€670,504▼
Plant, machinery and equipment23€6,544€20,706▲
Furniture and vehicles24€2,509€4,373▲
Leasing and similar rights25€25,986€14,586▼
Other tangible fixed assets26€7,537€5,497▼
Current assets29/58€11,413€30,869▲
Amounts receivable within one year40/41€96€16,940▲
Trade receivables40-€16,940
Other amounts receivable41€96-
Cash at bank and in hand54/58€142€2,054▲
Deferred charges and accrued income490/1€11,175€11,875▲
Equity and liabilities
Total equity and liabilities10/49€751,395€746,535▼
Equity10/15€138,729€190,385▲
Contributions10/11€18,600€18,600=
Reserves13€120,129€171,785▲
Distributable reserves133€120,129€171,785▲
Amounts payable17/49€612,667€556,150▼
Amounts payable after more than one year17€317,391€262,670▼
Financial debts170/4€317,391€262,670▼
Amounts payable within one year42/48€285,656€277,679▼
Current portion of amounts payable after more than one year42€77,748€77,966▲
Trade debts44€5,125€1,603▼
Suppliers440/4€5,125€1,603▼
Taxes, remuneration and social security45€16,105€42,835▲
Taxes450/3€13,855€34,835▲
Remuneration and social security454/9€2,250€8,000▲
Other amounts payable47/48€186,679€155,276▼
Accrued charges and deferred income492/3€9,619€15,802▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45,495€43,202▼
Other operating charges640/8€3,121€2,171▼
Gross operating margin9900€95,934€141,214▲
Operating profit (loss)9901€47,318€95,841▲
Financial income75/76B-€2
Recurring financial income75-€2
Financial charges65/66B€14,109€17,654▲
Recurring financial charges65€14,109€17,654▲
Profit (loss) for the period before taxes9903€33,209€78,189▲
Income taxes67/77€9,659€26,534▲
Profit (loss) for the period9904€23,550€51,656▲
Profit (loss) for the period to be appropriated9905€23,550€51,656▲
Appropriation of the result
Profit (loss) to be appropriated9906€23,550€51,656▲
Transfer to equity691/2€21,550€51,656▲
To other reserves6921€21,550€51,656▲
Profit to be distributed694/7€2,000-
Directors or managers695€2,000-

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48,915€45,520€47,522€45,495€43,202▼ 5.0%
Other operating charges640/8-€9,564€3,509€3,121€2,171▼ 30.5%
Gross operating margin9900€101,334€95,768€92,535€95,934€141,214▲ 47.2%
Operating profit (loss)9901€49,222€40,684€41,504€47,318€95,841▲ 103%
Financial income75/76B-€0--€2-
Recurring financial income75-€0--€2-
Financial charges65/66B-€15,137€14,894€14,109€17,654▲ 25.1%
Recurring financial charges65€15,025€15,137€14,894€14,109€17,654▲ 25.1%
Profit (loss) for the period before taxes9903€34,197€25,547€26,610€33,209€78,189▲ 135%
Income taxes67/77€9,597€7,252€7,550€9,659€26,534▲ 175%
Profit (loss) for the period9904€24,600€18,296€19,059€23,550€51,656▲ 119%
Profit (loss) for the period to be appropriated9905€24,600€18,296€19,059€23,550€51,656▲ 119%
Line20202021202220232024Change
Assets
Total assets20/58€836,946€825,694€790,702€751,395€746,535▼ 0.6%
Fixed assets21/28€834,067€823,283€777,329€739,982€715,666▼ 3.3%
Tangible fixed assets22/27€834,067€823,283€777,329€739,982€715,666▼ 3.3%
Land and buildings22-€756,529€726,044€697,406€670,504▼ 3.9%
Plant, machinery and equipment23-€2,445€984€6,544€20,706▲ 216%
Furniture and vehicles24-€91€1,585€2,509€4,373▲ 74.3%
Leasing and similar rights25-€48,786€37,386€25,986€14,586▼ 43.9%
Other tangible fixed assets26-€15,433€11,331€7,537€5,497▼ 27.1%
Current assets29/58€2,879€2,411€13,372€11,413€30,869▲ 170%
Amounts receivable within one year40/41--€1,855€96€16,940▲ 17,511%
Trade receivables40----€16,940-
Other amounts receivable41--€1,855€96--
Cash at bank and in hand54/58€646€443€405€142€2,054▲ 1,351%
Deferred charges and accrued income490/1-€1,968€11,112€11,175€11,875▲ 6.3%
Equity and liabilities
Total equity and liabilities10/49€836,946€825,694€790,702€751,395€746,535▼ 0.6%
Equity10/15€79,824€98,120€117,179€138,729€190,385▲ 37.2%
Contributions10/11-€18,600€18,600€18,600€18,600=
Reserves13€61,224€79,520€98,579€120,129€171,785▲ 43.0%
Non-distributable reserves130/1-€1,860€1,860---
Reserves not available under the articles1311-€1,860€1,860---
Distributable reserves133-€77,660€96,719€120,129€171,785▲ 43.0%
Amounts payable17/49€757,123€727,574€673,523€612,667€556,150▼ 9.2%
Amounts payable after more than one year17€521,425€472,676€395,139€317,391€262,670▼ 17.2%
Financial debts170/4-€472,676€395,139€317,391€262,670▼ 17.2%
Amounts payable within one year42/48€231,263€247,810€270,727€285,656€277,679▼ 2.8%
Current portion of amounts payable after more than one year42-€77,329€77,537€77,748€77,966▲ 0.3%
Trade debts44€5,879€1,815€1,065€5,125€1,603▼ 68.7%
Suppliers440/4-€1,815€1,065€5,125€1,603▼ 68.7%
Taxes, remuneration and social security45-€26,089€14,614€16,105€42,835▲ 166%
Taxes450/3-€23,839€12,364€13,855€34,835▲ 151%
Remuneration and social security454/9-€2,250€2,250€2,250€8,000▲ 256%
Other amounts payable47/48-€142,576€177,512€186,679€155,276▼ 16.8%
Accrued charges and deferred income492/3-€7,089€7,657€9,619€15,802▲ 64.3%
Line20202021202220232024Change
Profit (loss) for the period9904€24,600€18,296€19,059€23,550€51,656▲ 119%
+ Depreciation and write-downs630€48,915€45,520€47,522€45,495€43,202▼ 5.0%
Operating cash flow (approximation)€73,515€63,816€66,582€69,045€94,857▲ 37.4%
Investment in fixed assets (approximation)--€34,735-€1,569-€8,148-€18,885▼ 132%
Change in cash--€203-€38-€264€1,913▲ 825%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
15-06
State Gazette act Board rule · Other statement
Representation rule · Annual general meeting
2025
10-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Equity above €150,000Eq €190,385 ▲37.2%
7 profitable years in a row build equity to €190,385.
29-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
24-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
31-12
Financial Equity above €100,000Eq €117,179 ▲19.4%
5 profitable years in a row build equity to €117,179.
05-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 5 days late
2021
31-12
Financial Weakest financial yearnet €18,296 ▼25.6%
Net result drops to €18,296, the lowest in the series; recovery starts the following year.
01-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
20-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 20 days late
2019
26-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
28-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneState Gazette actNBB 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, Brugge · 1 establishment unit since 2015
seat establishment approximate The establishment unit on the map
Ground area
284 m²
Building footprint
284 m²
Volume, LiDAR
3,470 m³
Parcel 31802B1133/00F000, Flanders · tallest building 15.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Delivet
Burg 5 B, 8000 BruggeVeterinary services
since 20152.242.685.134
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31802B1133/00F000indicative
ProtectedMonument · Townscape or village viewAmbtswoning van de GouverneurSource ↗
Flanders 284 m² 1 · 284 m² 15.6 m · 4 fl.
Linked by address, not proof of ownership
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Structure & network

Connections & network

Depth

The group is listed under Ownership & control below; here you explore it as a network.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Ownership & control

1 board mandate
Board mandates of this companythis company sits on their board1
1 location

Similar companies · same sector, comparable size

Of 6,090 companies in sector 75000 we hold annual accounts for 1,952. 1,663 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
Founded11-06-2015
Fiscal year end31-12
Activities, NACEBEL 2025
75000Veterinary services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0631927977
Also 9925:BE0631927977
Registered 06-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.