NEWVETCO
ActiveSummary
NEWVETCO has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-118k) and a net result of €-42k. Equity is shrinking by ~49.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 233 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
41
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability17=
Solvency22▲+1
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.97 against 0.96 in 2023; short-term debt: 103.2% and cash: 16.5% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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
Sector 75
lower
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-3.3%
Return on assets
-1.2%
Age of the figures
24 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
2021222324
2020 to 2024 · latest year €-118k
raises risk · Annual accounts not filed
The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 147 days later.
NBB · 5 filingsPosition against the passed deadline
30-09-2025 close30-04-2026 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 19-03-2026, 323 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 5 filingsDeviation from the deadline
2025
not filed
2024
323 d late
2023
350 d late
2022
74 d late
2021
150 d late
2020
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€-118k▼ 55.3%
2023 · €-76k
2020: €-13k
2021: €-44k
2022: €-50k
2023: €-76k
2020 → 2024
Total assets
€3.60M▲ 99.1%
2023 · €1.81M
2020: €561k
2021: €493k
2022: €655k
2023: €1.81M
2020 → 2024
Net result
€-42k▼ 63.7%
2023 · €-26k
2020: €-31k
2021: €-32k
2022: €-6k
2023: €-26k
2020 → 2024
Working capital
€-121k▼ 57.2%
2023 · €-77k
2020: €-15k
2021: €-47k
2022: €-51k
2023: €-77k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-13k-€-44k▼ 253%€-50k▼ 13.3%€-76k▼ 50.9%€-118k▼ 55.3%
Operating result€-20k-€-17k▲ 11.3%€7k€-16k€-13k▲ 18.1%
Net result€-31k-€-32k▼ 2.0%€-6k▲ 81.4%€-26k▼ 334%€-42k▼ 63.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €13k in 2024 against €16k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.60M
Fixed assets
€7k ▲ 87.4%
Current assets
€3.59M ▲ 99.1%
Key figures and ratios
EBITDA
€-12k▼
2023 · €-3k
Cash flow
€-41k▼
2023 · €-12k
Solvency
-3.3%▲
2023 · -4.2%
Current ratio
0.97▲
2023 · 0.96
Quick ratio
0.96▲
2023 · 0.95
Debt to equity
-31.61▼
2023 · -24.87
ROA
-1.2%▲
2023 · -1.4%
Interest coverage
-0.47▼
2023 · -0.26
Debt
€3.72M▲
2023 · €1.88M
Debt ≤ 1 year
€3.71M▲
2023 · €1.88M
Income taxes
€4k
Staff costs
€7k▲
2023 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 51 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.81M€3.60M▲
Fixed assets21/28€4k€7k▲
Intangible fixed assets21€0-
Tangible fixed assets22/27€4k€7k▲
Plant, machinery and equipment23€89€127▲
Furniture and vehicles24€2k€5k▲
Leasing and similar rights25€1k€2k▲
Assets under construction and advance payments27€399€0▼
Financial fixed assets28€14€14=
Current assets29/58€1.80M€3.59M▲
Stocks and contracts in progress3€11k€14k▲
Stocks30/36€11k€14k▲
Amounts receivable within one year40/41€1.29M€2.99M▲
Trade receivables40€73k€71k▼
Other amounts receivable41€1.22M€2.91M▲
Cash at bank and in hand54/58€501k€593k▲
Deferred charges and accrued income490/1€941€1k▲
Equity and liabilities
Total equity and liabilities10/49€1.81M€3.60M▲
Equity10/15€-76k€-118k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-94k€-136k▼
Amounts payable17/49€1.88M€3.72M▲
Amounts payable within one year42/48€1.88M€3.71M▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€17k€29k▲
Suppliers440/4€17k€29k▲
Taxes, remuneration and social security45€2k€14k▲
Taxes450/3€2k€13k▲
Remuneration and social security454/9€9€525▲
Other amounts payable47/48€1.86M€3.67M▲
Accrued charges and deferred income492/3€2k€4k▲
Income statement
Code20232024
Non-recurring operating income76A-€6
Remuneration, social security and pensions62€7k€7k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€1k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-155€37▲
Other operating charges640/8€269€151k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€4k€146k▲
Operating profit (loss)9901€-16k€-13k▲
Financial income75/76B€23€56▲
Recurring financial income75€23€56▲
Financial charges65/66B€10k€25k▲
Recurring financial charges65€10k€25k▲
Profit (loss) for the period before taxes9903€-26k€-38k▼
Income taxes67/77-€4k
Profit (loss) for the period9904€-26k€-42k▼
Profit (loss) for the period to be appropriated9905€-26k€-42k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-94k€-136k▼
Profit (loss) brought forward from the previous period14P€-69k€-94k▼
Social balance
Average headcount (FTE)90870.20.2=
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
19-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 323 days late
2025
15-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 350 days late
2024
30-09
Financial
Weakest financial yearnet €-42k
Net result drops to €-42k, the lowest in the series.
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 74 days late
2022
27-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 150 days late
2021
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Nazareth-De Pinte · 6 establishment units since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Grote steenweg 159840 Nazareth-De PinteGround area
1.2 ha
Building footprint
2,306 m²
Volume, LiDAR
11,604 m³
7 parcels, Flanders · tallest building 21.1 m, ±3 floors. Linked by address, not a title deed.
6 establishment units
Dierenartsenpraktijk Hulsterheide
since 20192.295.225.678
Aan De Heikant
since 20192.295.773.531
Dierenartsencentrum Nieuwe Dijk
since 20192.295.773.729
Aan de Heikant
since 20192.296.898.632
Aan de Heikant
since 20192.296.898.731
Aan de Heikant
since 20192.296.898.929
7 parcels
Flanders
7
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44079A0141/00E004 | Flanders | 4,574 m² | 1 · 370 m² | 12.6 m · 3 fl. |
| 11662E0594/00D020 | Flanders | 3,825 m² | 1 · 261 m² | 21.1 m · 2 fl. |
| 72343E0392/00R006 | Flanders | 1,112 m² | 1 · 232 m² | 8.4 m · 2 fl. |
| 11642D0185/00M000 | Flanders | 1,079 m² | 1 · 164 m² | 6.0 m · 2 fl. |
| 71362B1651/00A000 | Flanders | 898 m² | 1 · 1,078 m² | 15.9 m |
| 11902G0062/00S013 | Flanders | 472 m² | 1 · 66 m² | 8.0 m · 2 fl. |
| 11053D0816/00B002 | Flanders | 222 m² | 1 · 136 m² | 9.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 6
7 of 7 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 10,446 EUR awarded · 10,446 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,339 EUR | 2,339 EUR |
| 2024 | 1 | 2,335 EUR | 2,335 EUR |
| 2023 | 1 | 4,095 EUR | 4,095 EUR |
| 2022 | 1 | 1,677 EUR | 1,677 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
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Of 6,078 companies in sector 75000 we hold annual accounts for 1,950. 178 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-10-2019
Fiscal year end30-09
Activities, NACEBEL 2025
75000Veterinary services
96999Other personal services
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.