DSVet
ActiveSummary
DSVet has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €122,833 and a net result of €18,209. Equity is growing by ~43.5% per year across the filed fiscal years. Its solvency ranks better than 49% of 245 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▼-18
Solvency67▲+7
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity tight (current ratio 1.03 against 0.64 in 2024; short-term debt: 28% and cash: 11% of total assets), and 58.2% 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
41.8%
Return on assets
6.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 4 filingsDeviation from the deadline
2025
31 d late
2024
4 d late
2023
8 d late
2022
11 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 8 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 (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. Usually files around 7 August (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€18,209▼ 71.0%
2024 · €62,795
Working capital
€2,460
2024 · -€61,385
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
Line2022202320242025
Operating result€44,526-€14,145▼ 68.2%€83,359▲ 489%€27,107▼ 67.5%
Net result€32,427within the sector's middle half-€6,401below the sector's middle half▼ 80.3%€62,795within the sector's middle half▲ 881%€18,209below the sector's middle half▼ 71.0%
Equity€35,427below the sector's middle half-€41,829below the sector's middle half▲ 18.1%€104,624within the sector's middle half▲ 150%€122,833within the sector's middle half▲ 17.4%
Total assets€257,242within the sector's middle half-€247,603below the sector's middle half▼ 3.7%€297,028within the sector's middle half▲ 20.0%€293,533within the sector's middle half▼ 1.2%
Debt€221,815-€205,774▼ 7.2%€192,404▼ 6.5%€170,700▼ 11.3%
Working capital-€186,590below the sector's middle half--€129,305below the sector's middle half▲ 30.7%-€61,385below the sector's middle half▲ 52.5%€2,460within the sector's middle half
Solvency13.8%within the sector's middle half-16.9%within the sector's middle half▲ 3.1pp35.2%within the sector's middle half▲ 18.3pp41.8%within the sector's middle half▲ 6.6pp
Current ratio0.16below the sector's middle half-0.25below the sector's middle half▲ 0.090.64below the sector's middle half▲ 0.391.03within the sector's middle half▲ 0.39
Return on assets (ROA)12.6%within the sector's middle half-2.6%below the sector's middle half▼ 10.0pp21.1%above the sector's middle half▲ 18.6pp6.2%within the sector's middle half▼ 14.9pp
Staff (FTE)0.6below the sector's middle half0.7below the sector's middle half▲ 16.7%
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.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 67% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €293,533
Fixed assets
€208,983 ▲ 10.4%
Current assets
€84,550 ▼ 21.5%
Equity and liabilities €293,533
Equity
€122,833 ▲ 17.4%
Debt
€170,700 ▼ 11.3%
Debt's share of the balance-sheet total falls from 64.8% to 58.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€56,312▼
2024 · €108,994
Cash flow
€47,413▼
2024 · €88,430
Quick ratio
0.62▲
2024 · 0.15
Debt to equity
1.39▼
2024 · 1.84
ROE
14.8%▼
2024 · 60.0%
Interest coverage
16.10▼
2024 · 37.40
Debt ≤ 1 year
€82,090▼
2024 · €169,100
Debt > 1 year
€88,610▲
2024 · €23,304
Income taxes
€5,405▼
2024 · €17,821
Staff costs
€24,325▲
2024 · €9,270
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.8%
went bankrupt
2.3%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.9% |
| 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 39,278 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 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €9,270 | €24,325 | ▲ 162% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,168 | €24,508 | €25,635 | €29,204 | ▲ 13.9% |
| Other operating charges640/8 | €2,676 | €936 | €1,852 | €1,556 | ▼ 16.0% |
| Gross operating margin9900 | €53,369 | €39,588 | €120,116 | €82,192 | ▼ 31.6% |
| Operating profit (loss)9901 | €44,526 | €14,145 | €83,359 | €27,107 | ▼ 67.5% |
| Financial income75/76B | €0 | €0 | €171 | €4 | ▼ 97.6% |
| Recurring financial income75 | €0 | €0 | €171 | €4 | ▼ 97.6% |
| Financial charges65/66B | €99 | €4,489 | €2,914 | €3,497 | ▲ 20.0% |
| Recurring financial charges65 | €99 | €4,489 | €2,914 | €3,497 | ▲ 20.0% |
| Profit (loss) for the period before taxes9903 | €44,427 | €9,656 | €80,616 | €23,615 | ▼ 70.7% |
| Income taxes67/77 | €12,000 | €3,255 | €17,821 | €5,405 | ▼ 69.7% |
| Profit (loss) for the period9904 | €32,427 | €6,401 | €62,795 | €18,209 | ▼ 71.0% |
| Profit (loss) for the period to be appropriated9905 | €32,427 | €6,401 | €62,795 | €18,209 | ▼ 71.0% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €257,242 | €247,603 | €297,028 | €293,533 | ▼ 1.2% |
| Fixed assets21/28 | €222,017 | €204,905 | €189,312 | €208,983 | ▲ 10.4% |
| Tangible fixed assets22/27 | €222,017 | €204,905 | €189,162 | €208,833 | ▲ 10.4% |
| Land and buildings22 | €133,319 | €129,554 | €126,508 | €130,312 | ▲ 3.0% |
| Plant, machinery and equipment23 | €57,210 | €50,163 | €42,627 | €33,865 | ▼ 20.6% |
| Furniture and vehicles24 | €31,489 | €25,188 | €20,027 | €44,657 | ▲ 123% |
| Financial fixed assets28 | - | - | €150 | €150 | = |
| Current assets29/58 | €35,225 | €42,698 | €107,715 | €84,550 | ▼ 21.5% |
| Stocks and contracts in progress3 | €31,294 | €25,699 | €81,625 | €33,595 | ▼ 58.8% |
| Stocks30/36 | €31,294 | €25,699 | €81,625 | €33,595 | ▼ 58.8% |
| Amounts receivable within one year40/41 | €92 | €5,676 | €1,410 | €17,978 | ▲ 1,175% |
| Trade receivables40 | €32 | €278 | €1,410 | €9,027 | ▲ 540% |
| Other amounts receivable41 | €60 | €5,398 | - | €8,950 | - |
| Cash at bank and in hand54/58 | €3,281 | €9,156 | €24,001 | €32,226 | ▲ 34.3% |
| Deferred charges and accrued income490/1 | €558 | €2,167 | €679 | €752 | ▲ 10.7% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €257,242 | €247,603 | €297,028 | €293,533 | ▼ 1.2% |
| Equity10/15 | €35,427 | €41,829 | €104,624 | €122,833 | ▲ 17.4% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €32,427 | €38,829 | €101,624 | €119,833 | ▲ 17.9% |
| Amounts payable17/49 | €221,815 | €205,774 | €192,404 | €170,700 | ▼ 11.3% |
| Amounts payable after more than one year17 | - | €33,771 | €23,304 | €88,610 | ▲ 280% |
| Financial debts170/4 | - | €33,771 | €23,304 | €88,610 | ▲ 280% |
| Amounts payable within one year42/48 | €221,815 | €172,003 | €169,100 | €82,090 | ▼ 51.5% |
| Current portion of amounts payable after more than one year42 | - | €10,027 | €10,467 | €21,178 | ▲ 102% |
| Financial debts43 | - | €1,270 | €1,276 | - | - |
| Credit institutions430/8 | - | €1,270 | €1,276 | - | - |
| Trade debts44 | €79,239 | €10,598 | €8,792 | €19,538 | ▲ 122% |
| Suppliers440/4 | €79,239 | €10,598 | €8,792 | €19,538 | ▲ 122% |
| Taxes, remuneration and social security45 | €10,160 | €14,227 | €18,777 | €16,163 | ▼ 13.9% |
| Taxes450/3 | €10,160 | €14,227 | €18,777 | €12,676 | ▼ 32.5% |
| Remuneration and social security454/9 | - | - | - | €3,486 | - |
| Other amounts payable47/48 | €132,416 | €135,882 | €129,789 | €25,211 | ▼ 80.6% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €32,427 | €6,401 | €62,795 | €18,209 | ▼ 71.0% |
| + Depreciation and write-downs630 | €6,168 | €24,508 | €25,635 | €29,204 | ▲ 13.9% |
| Operating cash flow (approximation) | €38,595 | €30,909 | €88,430 | €47,413 | ▼ 46.4% |
| Investment in fixed assets (approximation) | - | -€7,395 | -€10,042 | -€48,875 | ▼ 387% |
| Change in cash | - | €5,876 | €14,845 | €8,225 | ▼ 44.6% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
26-03
State Gazette act
Appointment: NEMETH Thomas (director)Mandate compensation · Power of attorney4 facts ▸
State Gazette act
Appointment: NEMETH Thomas (director)
Mandate compensation · Power of attorney4 facts ▸
- General meeting, 06.03.2026
- Director appointment, NEMETH Thomas (director)
- Mandate compensation, NEMETH Thomas
- Power of attorney, CREABIZZ
2025
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 4 days late
2024
31-12
Financial
Highest result since 2022net €62,795 ▲881%
Operating result €83,359, net result €62,795, both a record.
31-12
Financial
Equity above €100,000Eq €104,624 ▲150%
3 profitable years in a row build equity to €104,624.
08-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 8 days late
2023
31-12
Financial
Weakest financial yearnet €6,401 ▼80.3%
Net result drops to €6,401, the lowest in the series; recovery starts the following year.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 2 acts read
About the unread acts
Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
NEMETH Thomas
CurrentDirector · since 06-03-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
1 of this company's 2 Belgian State Gazette acts has not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Verlaine · 2 establishment units since 2022
Ground area
4,759 m²
Building footprint
219 m²
Volume, LiDAR
1,929 m³
2 parcels, Wallonia · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
DSVet
since 20222.338.915.666
DSVet
since 20262.389.690.416
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61056B0372/00L000 | Wallonia | 2,691 m² | 1 · 111 m² | 10.4 m · 3 fl. |
| 64070A0345/00N002 | Wallonia | 2,068 m² | 1 · 109 m² | 10.9 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
1 person since 2026, 1 in office
- Board
| Name | Functions and periods |
|---|---|
| NEMETH Thomas |
|
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
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Shareholding
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Recognitions · licences · registrations
Legal Entity Identifier
2549005SQ3L11409PE12
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Of 6,090 companies in sector 75000 we hold annual accounts for 1,952. 1,726 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
Founded09-12-2022
Fiscal year end31-12
Activities, NACEBEL 2025
75000Veterinary services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0794611330
Registered
24-10-2025
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.