FERTIVETS
ActiveSummary
FERTIVETS has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €213,928 and a net result of €99,046. Equity is growing by ~63% per year across the filed fiscal years. Its solvency ranks better than 68% of 1284 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+7
Solvency94▲+21
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20,000 at 30 days acceptable
Liquidity ample (current ratio 2.41 against 1.21 in 2024; short-term debt: 30.5% and cash: 69.2% of total assets), and 31.1% of the assets are financed with debt.
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Signals
Four 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
68.9%
Return on assets
31.9%
Age of the figures
9 mo
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 27-01-2026, 185 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
185 d early
2024
31 d early
2023
35 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 84 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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€213,928▲ 86.2%
2024 · €114,882
Total assets
€310,585▲ 29.4%
2024 · €240,042
Net result
€99,046▲ 109%
2024 · €47,475
Working capital
€133,476▲ 424%
2024 · €25,453
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
Line202320242025
Operating result€87,739-€66,430▼ 24.3%€128,496▲ 93.4%
Net result€69,226-€47,475▼ 31.4%€99,046▲ 109%
Equity€69,126-€114,882▲ 66.2%€213,928▲ 86.2%
Total assets€198,672-€240,042▲ 20.8%€310,585▲ 29.4%
Debt€129,547-€125,160▼ 3.4%€96,657▼ 22.8%
Working capital-€19,925-€25,453€133,476▲ 424%
Staff (FTE)1.3-2.1▲ 61.5%1.7▼ 19.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 93% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €310,585
Fixed assets
€82,330 ▼ 11.1%
Current assets
€228,255 ▲ 54.8%
Equity and liabilities €310,585
Equity
€213,928 ▲ 86.2%
Debt
€96,657 ▼ 22.8%
Debt's share of the balance-sheet total falls from 52.1% to 31.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€152,478▲
2024 · €87,453
Cash flow
€123,028▲
2024 · €68,498
Current ratio
2.41▲
2024 · 1.21
Quick ratio
2.36▲
2024 · 1.17
Debt to equity
0.45▼
2024 · 1.09
ROE
46.3%▲
2024 · 41.3%
ROA
31.9%▲
2024 · 19.8%
Interest coverage
39.76▲
2024 · 13.84
Debt ≤ 1 year
€94,780▼
2024 · €122,014
Income taxes
€28,250▲
2024 · €13,025
Staff costs
€38,971▼
2024 · €42,105
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% 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
1.6%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 39,275 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 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €19,037 | €42,105 | €38,971 | ▼ 7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,376 | €21,023 | €23,982 | ▲ 14.1% |
| Other operating charges640/8 | €1,757 | €1,272 | €3,138 | ▲ 147% |
| Gross operating margin9900 | €125,908 | €130,830 | €194,587 | ▲ 48.7% |
| Operating profit (loss)9901 | €87,739 | €66,430 | €128,496 | ▲ 93.4% |
| Financial income75/76B | €61 | €390 | €2,634 | ▲ 575% |
| Recurring financial income75 | €61 | €390 | €2,634 | ▲ 575% |
| Financial charges65/66B | €746 | €6,320 | €3,835 | ▼ 39.3% |
| Recurring financial charges65 | €746 | €6,320 | €3,835 | ▼ 39.3% |
| Profit (loss) for the period before taxes9903 | €87,054 | €60,500 | €127,296 | ▲ 110% |
| Income taxes67/77 | €17,828 | €13,025 | €28,250 | ▲ 117% |
| Profit (loss) for the period9904 | €69,226 | €47,475 | €99,046 | ▲ 109% |
| Profit (loss) for the period to be appropriated9905 | €69,226 | €47,475 | €99,046 | ▲ 109% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €198,672 | €240,042 | €310,585 | ▲ 29.4% |
| Fixed assets21/28 | €91,774 | €92,575 | €82,330 | ▼ 11.1% |
| Tangible fixed assets22/27 | €91,774 | €92,575 | €82,330 | ▼ 11.1% |
| Plant, machinery and equipment23 | €31,741 | €22,849 | €19,064 | ▼ 16.6% |
| Furniture and vehicles24 | €1,011 | €6,393 | €4,424 | ▼ 30.8% |
| Other tangible fixed assets26 | €59,022 | €63,333 | €58,841 | ▼ 7.1% |
| Current assets29/58 | €106,898 | €147,467 | €228,255 | ▲ 54.8% |
| Stocks and contracts in progress3 | - | €5,136 | €5,026 | ▼ 2.1% |
| Stocks30/36 | - | €5,136 | €5,026 | ▼ 2.1% |
| Amounts receivable within one year40/41 | €9,086 | €4,150 | €5,527 | ▲ 33.2% |
| Trade receivables40 | €9,086 | €3,603 | €5,527 | ▲ 53.4% |
| Other amounts receivable41 | - | €547 | - | - |
| Current investments50/53 | - | €70,000 | - | - |
| Cash at bank and in hand54/58 | €92,215 | €60,902 | €214,813 | ▲ 253% |
| Deferred charges and accrued income490/1 | €5,597 | €7,279 | €2,890 | ▼ 60.3% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €198,672 | €240,042 | €310,585 | ▲ 29.4% |
| Equity10/15 | €69,126 | €114,882 | €213,928 | ▲ 86.2% |
| Contributions10/11 | €1,500 | €1,500 | €1,500 | = |
| Reserves13 | €67,626 | €113,382 | €212,428 | ▲ 87.4% |
| Distributable reserves133 | €67,626 | €113,382 | €212,428 | ▲ 87.4% |
| Amounts payable17/49 | €129,547 | €125,160 | €96,657 | ▼ 22.8% |
| Amounts payable within one year42/48 | €126,823 | €122,014 | €94,780 | ▼ 22.3% |
| Trade debts44 | €29,165 | €55,531 | €49,386 | ▼ 11.1% |
| Suppliers440/4 | €29,165 | €55,531 | €49,386 | ▼ 11.1% |
| Advances received on contracts in progress46 | - | €806 | €324 | ▼ 59.8% |
| Taxes, remuneration and social security45 | €31,108 | €21,750 | €37,614 | ▲ 72.9% |
| Taxes450/3 | €26,925 | €19,211 | €37,281 | ▲ 94.1% |
| Remuneration and social security454/9 | €4,184 | €2,540 | €333 | ▼ 86.9% |
| Other amounts payable47/48 | €66,550 | €43,926 | €7,455 | ▼ 83.0% |
| Accrued charges and deferred income492/3 | €2,724 | €3,146 | €1,877 | ▼ 40.3% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €69,226 | €47,475 | €99,046 | ▲ 109% |
| + Depreciation and write-downs630 | €17,376 | €21,023 | €23,982 | ▲ 14.1% |
| Operating cash flow (approximation) | €86,601 | €68,498 | €123,028 | ▲ 79.6% |
| Investment in fixed assets (approximation) | - | -€21,824 | -€13,737 | ▲ 37.1% |
| Change in cash | - | -€31,313 | €153,911 | ▲ 592% |
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
27-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2023net €99,046 ▲109%
Operating result €128,496, net result €99,046, both a record.
31-12
Financial
Equity above €200,000Eq €213,928 ▲86.2%
3 profitable years in a row build equity to €213,928.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €47,475 ▼31.4%
Net result drops to €47,475, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100,000Eq €114,882 ▲66.2%
2 profitable years in a row build equity to €114,882.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Moorslede · 1 establishment unit since 2023
Ground area
4,578 m²
Building footprint
1,266 m²
Volume, LiDAR
6,491 m³
Parcel 36012D0956/00C000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
FERTIVETS
since 20232.340.450.246
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36012D0956/00C000 | Flanders | 4,577 m² | 1 · 1,266 m² | 9.2 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
Food safety, FASFC
1 siteMoorslede2.340.450.246
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Of 6,090 companies in sector 75000 we hold annual accounts for 1,951. 1,628 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
Founded09-01-2023
Fiscal year end31-12
Activities, NACEBEL 2025
75000Veterinary services
01620Support activities for animal production
72101Research and development on biotechnology
E-invoicing
Reachable via Peppol
Peppol ID
0208:0795881139
Also
9925:BE0795881139
Registered
01-09-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.