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INVIVO

Active
Private limited companyfounded 2020active for 6 yearsBeverlosesteenweg 45, 3583 Beringen, BelgiumKBO/BCE: BE 0748.614.128
Summary

INVIVO has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €243,780 and a net result of €84,000. Equity is growing by about 3.7% per year across the filed financial years. Its solvency ranks better than 40% of 306 sector peers (NACE 75, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, abbreviated format

Equity
€243,780▲ 5.2%
2024 · €231,780
Total assets
€725,723▼ 2.5%
2024 · €744,456
Net result
€84,000▲ 52.9%
2024 · €54,943
Working capital
€46,261▲ 275%
2024 · €12,325
Trend over the years

2021 to 2025, 5 financial years 2020 to 2025, 6 financial years

The operating result has risen four years in a row; 2025 is 48% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€97,111 2025 Net result€84,000 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 75, Veterinary activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line202020212022202320242025
Operating result€12,272-€4,876▼ 60.3%€32,292▲ 562%€47,224▲ 46.2%€65,804▲ 39.3%€97,111▲ 47.6%
Net result€6,930below the sector's middle half-€634below the sector's middle half▼ 90.8%€22,190within the sector's middle half▲ 3,397%€35,083within the sector's middle half▲ 58.1%€54,943within the sector's middle half▲ 56.6%€84,000within the sector's middle half▲ 52.9%
Equity€206,930within the sector's middle half-€207,565within the sector's middle half▲ 0.3%€211,755within the sector's middle half▲ 2.0%€226,837within the sector's middle half▲ 7.1%€231,780within the sector's middle half▲ 2.2%€243,780within the sector's middle half▲ 5.2%
Total assets€805,605within the sector's middle half-€775,779within the sector's middle half▼ 3.7%€757,488within the sector's middle half▼ 2.4%€741,344within the sector's middle half▼ 2.1%€744,456within the sector's middle half▲ 0.4%€725,723within the sector's middle half▼ 2.5%
Debt€598,675-€568,214▼ 5.1%€545,734▼ 4.0%€514,507▼ 5.7%€512,676▼ 0.4%€481,943▼ 6.0%
Working capital-€47,549below the sector's middle half-€31,123within the sector's middle half€32,160within the sector's middle half▲ 3.3%€22,833within the sector's middle half▼ 29.0%€12,325below the sector's middle half▼ 46.0%€46,261within the sector's middle half▲ 275%
Solvency25.7%within the sector's middle half-26.8%within the sector's middle half▲ 1.1pp28.0%within the sector's middle half▲ 1.2pp30.6%within the sector's middle half▲ 2.6pp31.1%within the sector's middle half▲ 0.5pp33.6%within the sector's middle half▲ 2.5pp
Current ratio0.64below the sector's middle half-1.58within the sector's middle half▲ 0.951.44within the sector's middle half▼ 0.141.27within the sector's middle half▼ 0.181.10below the sector's middle half▼ 0.171.39within the sector's middle half▲ 0.29
Return on assets (ROA)0.9%below the sector's middle half-0.1%below the sector's middle half▼ 0.8pp2.9%below the sector's middle half▲ 2.8pp4.7%below the sector's middle half▲ 1.8pp7.4%within the sector's middle half▲ 2.6pp11.6%within the sector's middle half▲ 4.2pp
Staff (FTE)0.6below the sector's middle half-1.2within the sector's middle half▲ 100%1.1within the sector's middle half▼ 8.3%1.7within the sector's middle half▲ 54.5%2within the sector's middle half▲ 17.6%2within the sector's middle half=
above within below the middle half of NACE 75, Veterinary activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €725,723
Fixed assets €559,612 ▼ 7.6%
Current assets €166,110 ▲ 19.6%
Equity and liabilities €725,723
Equity €243,780 ▲ 5.2%
Debt €481,943 ▼ 6.0%
Debt's share of the balance-sheet total falls from 68.9% to 66.4%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€149,071▲
2024 · €116,317
Cash flow
€135,960▲
2024 · €105,455
Quick ratio
0.99▲
2024 · 0.66
Debt to equity
1.98▼
2024 · 2.21
ROE
34.5%▲
2024 · 23.7%
Interest coverage
21.40▲
2024 · 15.97
Debt ≤ 1 year
€119,849▼
2024 · €126,558
Debt > 1 year
€354,071▼
2024 · €386,119
Income taxes
€6,653▲
2024 · €4,940
Staff costs
€65,980▼
2024 · €68,173
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.9% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
94.9% 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: 0.1% 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 497,472 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 74.5% 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 26,975 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 · 2025 against 2024 · 56 lines
Balance sheet Code20242025
Assets
Total assets20/58€744,456€725,723▼
Fixed assets21/28€605,574€559,612▼
Intangible fixed assets21€96,250€78,750▼
Tangible fixed assets22/27€509,324€480,862▼
Land and buildings22€414,235€400,487▼
Plant, machinery and equipment23€90,588€75,473▼
Furniture and vehicles24€4,502€4,902▲
Current assets29/58€138,882€166,110▲
Stocks and contracts in progress3€54,758€47,791▼
Stocks30/36€54,758€47,791▼
Amounts receivable within one year40/41€6,988€12,237▲
Trade receivables40€5,447€5,387▼
Other amounts receivable41€1,542€6,850▲
Cash at bank and in hand54/58€76,699€106,083▲
Deferred charges and accrued income490/1€436€0▼
Equity and liabilities
Total equity and liabilities10/49€744,456€725,723▼
Equity10/15€231,780€243,780▲
Contributions10/11€200,000€200,000=
Reserves13€31,780€43,780▲
Distributable reserves133€31,780€43,780▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€512,676€481,943▼
Amounts payable after more than one year17€386,119€354,071▼
Financial debts170/4€386,119€354,071▼
Amounts payable within one year42/48€126,558€119,849▼
Current portion of amounts payable after more than one year42€43,549€32,048▼
Financial debts43-€1,682
Credit institutions430/8-€1,682
Trade debts44€22,970€7,378▼
Suppliers440/4€22,970€7,378▼
Taxes, remuneration and social security45€10,038€6,741▼
Taxes450/3€1,020€5,185▲
Remuneration and social security454/9€9,019€1,556▼
Other amounts payable47/48€50,000€72,000▲
Accrued charges and deferred income492/3-€8,023
Income statement Code20242025
Non-recurring operating income76A€107€0▼
Remuneration, social security and pensions62€68,173€65,980▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50,512€51,960▲
Other operating charges640/8€2,579€2,568▼
Gross operating margin9900€187,069€217,619▲
Operating profit (loss)9901€65,804€97,111▲
Financial income75/76B€1,360€506▼
Recurring financial income75€1,360€506▼
Financial charges65/66B€7,282€6,965▼
Recurring financial charges65€7,282€6,965▼
Profit (loss) for the period before taxes9903€59,882€90,652▲
Income taxes67/77€4,940€6,653▲
Profit (loss) for the period9904€54,943€84,000▲
Profit (loss) for the period to be appropriated9905€54,943€84,000▲
Appropriation of the result
Profit (loss) to be appropriated9906€54,943€84,000▲
Transfer to equity691/2€4,943€12,000▲
To the legal reserve6920€4,943€0▼
To other reserves6921-€12,000
Profit to be distributed694/7€50,000€72,000▲
Directors or managers695€50,000€72,000▲
Social balance sheet
Average headcount (FTE)90872.02.0=

The notes to these accounts (27 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202020212022202320242025Change
Non-recurring operating income76A--€388-€107€0▼ 100%
Remuneration, social security and pensions62-€41,868€36,731€49,510€68,173€65,980▼ 3.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18,549€43,505€44,154€46,137€50,512€51,960▲ 2.9%
Other operating charges640/8-€2,100€2,236€2,523€2,579€2,568▼ 0.4%
Gross operating margin9900€51,601€92,350€115,413€145,394€187,069€217,619▲ 16.3%
Operating profit (loss)9901€12,272€4,876€32,292€47,224€65,804€97,111▲ 47.6%
Financial income75/76B-€5,240€100€3€1,360€506▼ 62.8%
Recurring financial income75€0€1,835€100€3€1,360€506▼ 62.8%
Non-recurring financial income76B-€3,405-----
Financial charges65/66B-€9,282€8,486€7,885€7,282€6,965▼ 4.3%
Recurring financial charges65€5,342€9,282€8,486€7,885€7,282€6,965▼ 4.3%
Profit (loss) for the period before taxes9903€6,930€834€23,907€39,342€59,882€90,652▲ 51.4%
Income taxes67/77-€200€1,717€4,259€4,940€6,653▲ 34.7%
Profit (loss) for the period9904€6,930€634€22,190€35,083€54,943€84,000▲ 52.9%
Profit (loss) for the period to be appropriated9905€6,930€634€22,190€35,083€54,943€84,000▲ 52.9%
Line202020212022202320242025Change
Assets
Total assets20/58€805,605€775,779€757,488€741,344€744,456€725,723▼ 2.5%
Fixed assets21/28€722,129€691,202€652,961€633,672€605,574€559,612▼ 7.6%
Intangible fixed assets21€166,250€148,750€131,250€113,750€96,250€78,750▼ 18.2%
Tangible fixed assets22/27€555,879€542,452€521,711€519,922€509,324€480,862▼ 5.6%
Land and buildings22-€437,466€431,467€421,688€414,235€400,487▼ 3.3%
Plant, machinery and equipment23-€101,203€86,894€92,267€90,588€75,473▼ 16.7%
Furniture and vehicles24-€3,783€3,350€5,967€4,502€4,902▲ 8.9%
Current assets29/58€83,476€84,577€104,527€107,672€138,882€166,110▲ 19.6%
Stocks and contracts in progress3€22,795€35,315€52,667€56,625€54,758€47,791▼ 12.7%
Stocks30/36-€35,315€52,667€56,625€54,758€47,791▼ 12.7%
Amounts receivable within one year40/41€7,498€4,673€4,642€10,135€6,988€12,237▲ 75.1%
Trade receivables40-€4,552€4,642€7,850€5,447€5,387▼ 1.1%
Other amounts receivable41-€121-€2,285€1,542€6,850▲ 344%
Cash at bank and in hand54/58€53,183€44,589€47,217€40,912€76,699€106,083▲ 38.3%
Deferred charges and accrued income490/1----€436€0▼ 100%
Equity and liabilities
Total equity and liabilities10/49€805,605€775,779€757,488€741,344€744,456€725,723▼ 2.5%
Equity10/15€206,930€207,565€211,755€226,837€231,780€243,780▲ 5.2%
Contributions10/11-€200,000€200,000€200,000€200,000€200,000=
Reserves13€6,930€7,565€11,755€26,837€31,780€43,780▲ 37.8%
Distributable reserves133-€7,565€11,755€26,837€31,780€43,780▲ 37.8%
Profit (loss) carried forward14----€0€0-
Amounts payable17/49€598,675€568,214€545,734€514,507€512,676€481,943▼ 6.0%
Amounts payable after more than one year17€467,613€514,760€472,532€429,668€386,119€354,071▼ 8.3%
Financial debts170/4-€514,760€472,532€429,668€386,119€354,071▼ 8.3%
Amounts payable within one year42/48€131,025€53,454€72,367€84,839€126,558€119,849▼ 5.3%
Current portion of amounts payable after more than one year42-€41,583€42,228€42,864€43,549€32,048▼ 26.4%
Financial debts43-----€1,682-
Credit institutions430/8-----€1,682-
Trade debts44€7,606€9,536€4,206€15,932€22,970€7,378▼ 67.9%
Suppliers440/4-€9,536€4,206€15,932€22,970€7,378▼ 67.9%
Taxes, remuneration and social security45-€2,336€7,933€6,043€10,038€6,741▼ 32.8%
Taxes450/3-€200€3,218-€1,020€5,185▲ 409%
Remuneration and social security454/9-€2,136€4,714€6,043€9,019€1,556▼ 82.8%
Other amounts payable47/48--€18,000€20,000€50,000€72,000▲ 44.0%
Accrued charges and deferred income492/3--€835--€8,023-
Line202020212022202320242025Change
Profit (loss) for the period9904€6,930€634€22,190€35,083€54,943€84,000▲ 52.9%
+ Depreciation and write-downs630€18,549€43,505€44,154€46,137€50,512€51,960▲ 2.9%
Operating cash flow (approximation)€25,479€44,140€66,344€81,220€105,455€135,960▲ 28.9%
Investment in fixed assets (approximation)--€12,578-€5,914-€26,848-€22,415-€5,998▲ 73.2%
Change in cash--€8,594€2,629-€6,306€35,787€29,383▼ 17.9%

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

Download as CSV

Filings with the National Bank (6)
Financial year Type Filed Reference
31-12-2025 abbreviated format 21-05-2026 2026-00121582
31-12-2024 abbreviated format 09-06-2025 2025-00126900
31-12-2023 abbreviated format 26-06-2024 2024-00166248
31-12-2022 abbreviated format 28-06-2023 2023-00177292
31-12-2021 abbreviated format 30-06-2022 2022-20141321
31-12-2020 abbreviated format 29-03-2021 2021-09000496

Similar companies · same sector, comparable size

Of the 6,098 active companies whose main activity is veterinary services (NACE 75000), figures are known for 2,011. 1,625 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2024 to 2025 · 2 entries · €315 awarded · €315 paid
Year Entries AwardedPaid
2025 1 €180€315
2024 1 €135€0
Schemes
2 entries · €315 · €315 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.