Equity
MICHAEL MEULYZER has made a profit in every financial year since 2016.
MICHAEL MEULYZER has made a profit in every financial year since 2016.
Short-term debts fell from €130,299 to €10,661.
The 2016 accounts came 24 days late. The other nine were filed on time.
Board changed. Latest change 03-06-2026 · 2 in office.
Higher solvency than 95% of companies in veterinary activities. Sector median 44.8% · 310 companies.
The dashed line is the sector median: < 0.1% across 1,971 companies (NACE 75, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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). It does better than 88% of them on solvency, 42% on liquidity, 88% on profitability and 79% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Liquidity is ample, with a current ratio of 1.77 (0.38 in 2024), above the usual 1.5. Short-term debt is 3.8% and cash 6.7% of total assets. 4.2% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 38 days before the deadline. In the sector (NACE 75), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.
Shares in 2 companies, DIERENKLINIEK DE BOSDREEF and Dierenkliniek De Morette
Board & ownership| Company | ||||
|---|---|---|---|---|
| MICHAEL MEULYZER Asse | €279,878 | -€6,850 | 95.8% | - |
| Elimastri Temse | €326,104 | -€74,839 | 52.1% | - |
| DIERENARTSENPRAKTIJK LINTJESHOF Kasterlee | €333,065 | -€12,396 | 31.8% | - |
| DIERENARTSENPRAKTIJK EQUIVARO Pajottegem | €307,965 | -€17,820 | 12.9% | - |
| JPMVET Nivelles | €266,246 | -€52,290 | 88.6% | - |
| MCW EQUINE VETERINARY PRACTICE Waterloo | €171,810 | -€2,139 | 94.2% | - |
| Dierenarts Jan Van Steelant Sint-Gillis-Waas | €498,168 | -€158,323 | 63.8% | - |
These companies have the same main activity as MICHAEL MEULYZER: veterinary services (NACE 75000). They are comparable in size and age: total assets between €172,000 and €498,000, founded between 2009 and 2019.
MICHAEL MEULYZER files the abbreviated format. That format states no turnover. The gross margin fell from €36,052 in 2016 to -€6,850 in 2025.
ECG Clinics holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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