LHVet

Active

Private limited companyfounded 20251 year activeMarius Renardlaan 45, 1070 Anderlecht, BelgiumKBO/BCE: BE 1018.956.195

Summary

The annual accounts of LHVet for fiscal year 2026 show a net loss of 53% of total assets and of 75% of the equity at the start of that year. The 2026 annual accounts show equity of €1,170 and a net result of -€3,584. The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisWatch Report Compare

LHVetActiveChecked score 53/100

Risk analysis Report Compare

Activity

Veterinary services

NACE 75000

1 site

Size

€6,727total assets 2026

Equity: €1,170
Loss: -€3,584

Turnover not published (abridged schema)

Financial health

53 Fair Checked score 2026

Bankruptcy probabilitywithin 12 months: 0.1%

Structure

Accounts 38 days early0 of 1 deed read

Why 53Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year+ Sector Veterinary activities (NACE 75)+ Size: total assets €6,727+ Liquidity: current ratio 1.44, cash €5,009+ Figures for FY 2026 (filed 23-09-2026)Show the evidence

Checked score

Score 2026

53 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 19% of its sector peers (NACE 75, micro)

A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that weighs is under Signals.

Financial strength · tick = 2025

Weak

Solvency 42-11

equity 17.4% of total assets

Liquidity 63+8

short-term debt 69.2% · cash 74.5%

Profitability 0-63

return on assets -53.3%

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (1,955 companies)

Last 24 months 02-2026: < 0.1% 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026lowest value 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: 0.1%▲ +0.1 percentage points vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026highest value

No publishable credit limit; credit only on tighter terms

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity tight (current ratio 1.44 against 1.49 in 2025; short-term debt: 69.2% and cash: 74.5% of total assets), and 82.6% of the assets are financed with debt.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 75, micro): better than 20% on solvency, 49% on liquidity, 2% on profitability and 6% on growth.

The bankruptcy probability was computed on 07-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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