Dierenarts Delphine Van Gheluwe
ActiveDierenarts Delphine Van Gheluwe has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €263k and a net result of €70k. Equity is growing by ~13.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 1268 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
98
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 11.36 against 4.31 in 2024; short-term debt: 5.5% and cash: 35.9% of total assets), and 6.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
Sector 75
lower
← 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 2025Solvency, return and age of the figures
Solvency
93.9%
Return on assets
24.9%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 15-10-2025, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
10 d early
2023
7 d early
2022
6 d early
2021
4 d early
2020
1 d early
2019
15 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close21-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€263k▲ 24.6%
2024 · €211k
2019: €102k
2020: €115k
2021: €146k
2022: €165k
2023: €165k
2024: €211k
2019 → 2025
Total assets
€280k▲ 15.0%
2024 · €243k
2019: €155k
2020: €165k
2021: €206k
2022: €193k
2023: €232k
2024: €243k
2019 → 2025
Net result
€70k▲ 18.7%
2024 · €59k
2019: €21k
2020: €14k
2021: €32k
2022: €20k
2023: €49k
2024: €59k
2019 → 2025
Working capital
€160k▲ 57.2%
2024 · €102k
2019: €38k
2020: €44k
2021: €40k
2022: €30k
2023: €43k
2024: €102k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€146k-€165k▲ 13.1%€165k▼ 0.2%€211k▲ 27.6%€263k▲ 24.6%
Operating result€44k-€29k▼ 33.6%€70k▲ 137%€83k▲ 19.1%€97k▲ 17.1%
Net result€32k-€20k▼ 38.4%€49k▲ 143%€59k▲ 20.9%€70k▲ 18.7%
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 three years in a row; 2025 is 17% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €280k
Fixed assets
€104k▼ 6.0%
Current assets
€176k▲ 32.5%
Equity and liabilities €280k
Equity
€263k▲ 24.6%
Debt
€17k▼ 47.4%
The debt ratio falls from 13.3% to 6.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€112k▲
2024 · €96k
Cash flow
€84k▲
2024 · €72k
Solvency
93.9%▲
2024 · 86.7%
Current ratio
11.36▲
2024 · 4.31
Quick ratio
10.22▲
2024 · 3.75
Debt / equity
0.06▼
2024 · 0.15
ROE
26.6%▼
2024 · 27.9%
ROA
24.9%▲
2024 · 24.2%
Interest coverage
243.92▲
2024 · 193.69
Debt
€17k▼
2024 · €32k
Debt ≤ 1 year
€15k▼
2024 · €31k
Income taxes
€28k▲
2024 · €24k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€243k€280k▲
Fixed assets21/28€110k€104k▼
Tangible fixed assets22/27€110k€104k▼
Land and buildings22€66k€65k▼
Plant, machinery and equipment23€11k€11k▼
Other tangible fixed assets26€33k€28k▼
Current assets29/58€133k€176k▲
Stocks and contracts in progress3€17k€18k▲
Stocks30/36€17k€18k▲
Amounts receivable within one year40/41€5k€2k▼
Trade receivables40€4k€2k▼
Other amounts receivable41€26-
Current investments50/53-€53k
Cash at bank and in hand54/58€103k€100k▼
Deferred charges and accrued income490/1€8k€3k▼
Equity and liabilities
Total equity and liabilities10/49€243k€280k▲
Equity10/15€211k€263k▲
Contributions10/11€19k€19k=
Reserves13€192k€244k▲
Distributable reserves133€192k€244k▲
Amounts payable17/49€32k€17k▼
Amounts payable within one year42/48€31k€15k▼
Trade debts44€4k€8k▲
Suppliers440/4€4k€8k▲
Taxes, remuneration and social security45€13k€7k▼
Taxes450/3€11k€7k▼
Remuneration and social security454/9€2k-
Other amounts payable47/48€13k€559▼
Accrued charges and deferred income492/3€2k€2k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€15k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€99k€114k▲
Operating profit (loss)9901€83k€97k▲
Financial income75/76B€215€837▲
Recurring financial income75€215€837▲
Financial charges65/66B€498€458▼
Recurring financial charges65€498€458▼
Profit (loss) for the period before taxes9903€83k€98k▲
Income taxes67/77€24k€28k▲
Profit (loss) for the period9904€59k€70k▲
Profit (loss) for the period to be appropriated9905€59k€70k▲
Appropriation of the result
Profit (loss) to be appropriated9906€59k€70k▲
Transfer from equity791/2€13k€18k▲
Transfer to equity691/2€59k€70k▲
To other reserves6921€59k€70k▲
Profit to be distributed694/7€13k€18k▲
Return on contributions (dividend)694€13k€18k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
15-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Highest result since 2019net €70k ▲18.7%
Operating result €97k, net result €70k, both a record.
31-03
Financial
Liquidity triplescurrent ratio 11.36
Current ratio from 4.31 to 11.36; short-term debt falls from €31k to €15k.
2024
21-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Liquidity triplescurrent ratio 4.31
Current ratio from 1.66 to 4.31; short-term debt falls from €65k to €31k.
31-03
Financial
Equity above €200kEq €211k ▲27.6%
6 profitable years in a row build equity to €211k.
2023
24-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
25-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Equity above €150kEq €165k ▲13.1%
4 profitable years in a row build equity to €165k.
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Weakest financial yearnet €14k ▼35.6%
Net result drops to €14k, the lowest in the series; recovery starts the following year.
2019
16-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
29-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
27-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
11-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Merelbeke-Melle · 1 establishment unit since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kasseiberg 119820 Merelbeke-MelleGround area
1,814 m²
Building footprint
198 m²
Volume, LiDAR
1,007 m³
Parcel 44041A0265/00R000, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Dierenarts Dephine Van Gheluwe
since 20072.236.721.317
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44041A0265/00R000 | Flanders | 1,814 m² | 1 · 198 m² | 9.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
Vet Immanagement
BE 0460.687.741
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Dierenkliniek De Morette
BE 0448.243.235
Asse · Eq €262k
EXPEVET
BE 0464.104.121
Ciney · Eq €262k
ADIVET
BE 0674.531.862
Chimay · Eq €261k
Dierenartsenpraktijk KYON
BE 0793.533.937
Lierde · Eq €264k
Of 6,078 companies in sector 75000 we hold annual accounts for 1,950. 1,566 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-08-2007
Fiscal year end31-03
Activities, NACEBEL
75000Veterinary services
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.