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MagiVet

Active
Private limited companyfounded 20224 yrs activeRue de Tubize 61A, 1440 Braine-le-Château, BelgiumKBO/BCE: BE 0786.503.417
Summary

MagiVet has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3,000 and a net result of €7,104. Equity is growing by ~26.2% per year across the filed fiscal years. Its solvency ranks better than 11% of 1292 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability92▼-8
Solvency34▼-42
Growth78=
Track record94
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
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Signals

Five 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 1292 sector peers (2025).
NBB · sector comparison
Position among 1292 sector peers
Solvency
better than 11%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 06-01-2026, 114 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
114 d early
2024
22 d early
2023
21 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 52 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 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 8 April (3 of the last 3 filed years within 92 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 close30-09-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

MagiVet was incorporated on 24 May 2022 as a Private limited company.1 Total assets rose from EUR 20,857 in 2023 to EUR 32,413 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€3,000▼ 78.8%
2024 · €14,127
Total assets
€32,413▲ 16.6%
2024 · €27,802
Net result
€7,104▼ 44.1%
2024 · €12,702
Working capital
-€1,892
2024 · €11,338
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: 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. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result-€721-€17,063€10,471▼ 38.6%
Net result-€1,575below the sector's middle half-€12,702within the sector's middle half€7,104below the sector's middle half▼ 44.1%
Equity€1,425below the sector's middle half-€14,127below the sector's middle half▲ 891%€3,000below the sector's middle half▼ 78.8%
Total assets€20,857below the sector's middle half-€27,802below the sector's middle half▲ 33.3%€32,413below the sector's middle half▲ 16.6%
Debt€19,432-€13,675▼ 29.6%€29,413▲ 115%
Working capital€1,425below the sector's middle half-€11,338within the sector's middle half▲ 696%-€1,892below the sector's middle half
Solvency6.8%below the sector's middle half-50.8%within the sector's middle half▲ 44.0pp9.3%below the sector's middle half▼ 41.6pp
Current ratio1.07below the sector's middle half-1.83within the sector's middle half▲ 0.760.94below the sector's middle half▼ 0.89
Return on assets (ROA)-7.6%below the sector's middle half-45.7%above the sector's middle half▲ 53.2pp21.9%within the sector's middle half▼ 23.8pp
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.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€5,000€0€5,000€10,000€15,000Operating result 2023: -€721-€721Net result 2023: -€1,575-€1,575Operating result 2024: €17,063€17,063Net result 2024: €12,702€12,702Operating result 2025: €10,471€10,471Net result 2025: €7,104€7,104202320242025-€5,000€0€5,000€10,000€15,000Operating result 2023: -€721-€721Net result 2023: -€1,575-€1,570Operating result 2024: €17,063€17,100Net result 2024: €12,702€12,700Operating result 2025: €10,471€10,500Net result 2025: €7,104€7,100202320242025
The operating result falls in 2025; 2025 is 39% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €32,413
Fixed assets €4,892 ▲ 75.4%
Current assets €27,522 ▲ 10.0%
Equity and liabilities €32,413
Equity €3,000 ▼ 78.8%
Debt €29,413 ▲ 115%
Debt's share of the balance-sheet total rises from 49.2% to 90.7%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€11,558▼
2024 · €17,115
Cash flow
€8,191▼
2024 · €12,753
Debt to equity
9.80▲
2024 · 0.97
ROE
236.8%▲
2024 · 89.9%
Debt ≤ 1 year
€29,413▲
2024 · €13,675
Income taxes
€3,367▼
2024 · €4,362
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,157 companies that looked in July 2024 the way this one looks now, 3.0% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
3.0% went bankrupt
2.8% stopped otherwise
94% 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 497,340 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% 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 2,157 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 · 34 lines
Balance sheet Code20242025
Assets
Total assets20/58€27,802€32,413▲
Fixed assets21/28€2,789€4,892▲
Tangible fixed assets22/27€2,789€4,892▲
Other tangible fixed assets26€2,789€4,892▲
Current assets29/58€25,013€27,522▲
Amounts receivable within one year40/41€57€76▲
Trade receivables40€57€76▲
Cash at bank and in hand54/58€23,860€26,590▲
Deferred charges and accrued income490/1€1,096€856▼
Equity and liabilities
Total equity and liabilities10/49€27,802€32,413▲
Equity10/15€14,127€3,000▼
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14€11,127-
Amounts payable17/49€13,675€29,413▲
Amounts payable within one year42/48€13,675€29,413▲
Trade debts44€2,549€2,160▼
Suppliers440/4€2,549€2,160▼
Taxes, remuneration and social security45€9,281€8,317▼
Taxes450/3€9,281€8,317▼
Other amounts payable47/48€1,844€18,937▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51€1,087▲
Other operating charges640/8€609€387▼
Gross operating margin9900€17,724€11,945▼
Operating profit (loss)9901€17,063€10,471▼
Financial income75/76B€0-
Recurring financial income75€0-
Profit (loss) for the period before taxes9903€17,064€10,471▼
Income taxes67/77€4,362€3,367▼
Profit (loss) for the period9904€12,702€7,104▼
Profit (loss) for the period to be appropriated9905€12,702€7,104▼
Appropriation of the result
Profit (loss) to be appropriated9906€11,127€18,231▲
Profit (loss) brought forward from the previous period14P-€1,575€11,127▲
Profit to be distributed694/7-€18,231
Return on contributions (dividend)694-€18,231

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€51€1,087▲ 2,023%
Other operating charges640/8€348€609€387▼ 36.4%
Gross operating margin9900-€374€17,724€11,945▼ 32.6%
Operating profit (loss)9901-€721€17,063€10,471▼ 38.6%
Financial income75/76B€0€0--
Recurring financial income75€0€0--
Financial charges65/66B€0---
Recurring financial charges65€0---
Profit (loss) for the period before taxes9903-€721€17,064€10,471▼ 38.6%
Income taxes67/77€854€4,362€3,367▼ 22.8%
Profit (loss) for the period9904-€1,575€12,702€7,104▼ 44.1%
Profit (loss) for the period to be appropriated9905-€1,575€12,702€7,104▼ 44.1%
Line202320242025Change
Assets
Total assets20/58€20,857€27,802€32,413▲ 16.6%
Fixed assets21/28-€2,789€4,892▲ 75.4%
Tangible fixed assets22/27-€2,789€4,892▲ 75.4%
Other tangible fixed assets26-€2,789€4,892▲ 75.4%
Current assets29/58€20,857€25,013€27,522▲ 10.0%
Amounts receivable within one year40/41€936€57€76▲ 34.0%
Trade receivables40€936€57€76▲ 34.0%
Cash at bank and in hand54/58€18,789€23,860€26,590▲ 11.4%
Deferred charges and accrued income490/1€1,132€1,096€856▼ 22.0%
Equity and liabilities
Total equity and liabilities10/49€20,857€27,802€32,413▲ 16.6%
Equity10/15€1,425€14,127€3,000▼ 78.8%
Contributions10/11€3,000€3,000€3,000=
Profit (loss) carried forward14-€1,575€11,127--
Amounts payable17/49€19,432€13,675€29,413▲ 115%
Amounts payable within one year42/48€19,432€13,675€29,413▲ 115%
Trade debts44€3,756€2,549€2,160▼ 15.3%
Suppliers440/4€3,756€2,549€2,160▼ 15.3%
Taxes, remuneration and social security45€10,195€9,281€8,317▼ 10.4%
Taxes450/3€6,318€9,281€8,317▼ 10.4%
Remuneration and social security454/9€3,877---
Other amounts payable47/48€5,481€1,844€18,937▲ 927%
Line202320242025Change
Profit (loss) for the period9904-€1,575€12,702€7,104▼ 44.1%
+ Depreciation and write-downs630-€51€1,087▲ 2,023%
Operating cash flow (approximation)-€1,575€12,753€8,191▼ 35.8%
Investment in fixed assets (approximation)---€3,190-
Change in cash-€5,071€2,730▼ 46.2%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
06-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
08-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial Back to profitnet €12,702
Net result €12,702 after one loss-making year.
09-04
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 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Braine-le-Château · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
3,166 m²
Building footprint
555 m²
Volume, LiDAR
4,372 m³
Parcel 25015E0383/00P003, Wallonia · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
MagiVet
Rue de Tubize 61A, 1440 Braine-le-ChâteauVeterinary services
since 20222.331.951.561
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25015E0383/00P003 Wallonia 3,165 m² 1 · 555 m² 11.2 m · 3 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.

Similar companies · same sector, comparable size

Of 6,090 companies in sector 75000 we hold annual accounts for 1,952. 404 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
Founded24-05-2022
Fiscal year end30-09
Activities, NACEBEL 2025
75000Veterinary services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0786503417
Registered 02-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.