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SoBiVet

Active
Public limited companyfounded 2006active for 20 yearsStationstraat 8, 3070 Kortenberg, BelgiumKBO/BCE: BE 0880.969.737
Summary

SoBiVet has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €62,145 and a net result of €1,171. Equity remains stable across the filed financial years (±0.5% per year). Its solvency ranks better than 64% of 13,576 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Financials · financial year 2025, micro format

Turnover
€15,430▲ 3.0%
2024 · €14,974
EBIT margin
7.8%▼ 39.6pp
2024 · 47.4%
Net result
€1,171▼ 83.4%
2024 · €7,059
Working capital
€62,145▲ 1.9%
2024 · €60,974
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result falls in 2025; 2025 is 83% below 2024.

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

Turnover€15,430 2025 Operating result€1,202 2025 Net result€1,171 2025

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

Sector: the middle half of NACE 46, Wholesale trade: 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).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Turnover€6,600-€10,125▲ 53.4%€2,200▼ 78.3%€2,500▲ 13.6%€51,270▲ 1,951%€14,974▼ 70.8%€15,430▲ 3.0%
Operating result-€10,387--€13,880▼ 33.6%-€5,301▲ 61.8%-€2,057▲ 61.2%€2,443€7,100▲ 191%€1,202▼ 83.1%
Net result-€10,639--€14,084below the sector's middle half▼ 32.4%-€5,892below the sector's middle half▲ 58.2%-€2,660within the sector's middle half▲ 54.9%€2,148within the sector's middle half€7,059within the sector's middle half▲ 229%€1,171within the sector's middle half▼ 83.4%
EBIT margin-157.4%--137.1%▲ 20.3pp-241.0%▼ 103.9pp-82.3%▲ 158.7pp4.8%▲ 87.0pp47.4%▲ 42.7pp7.8%▼ 39.6pp
Equity€74,402-€60,318below the sector's middle half▼ 18.9%€54,427within the sector's middle half▼ 9.8%€51,766within the sector's middle half▼ 4.9%€53,915within the sector's middle half▲ 4.2%€60,974within the sector's middle half▲ 13.1%€62,145within the sector's middle half▲ 1.9%
Total assets€87,502-€73,968below the sector's middle half▼ 15.5%€68,077below the sector's middle half▼ 8.0%€70,016below the sector's middle half▲ 2.8%€79,591within the sector's middle half▲ 13.7%€90,259within the sector's middle half▲ 13.4%€107,925within the sector's middle half▲ 19.6%
Debt€13,100-€13,650▲ 4.2%€13,650=€18,250▲ 33.7%€25,676▲ 40.7%€29,285▲ 14.1%€45,780▲ 56.3%
Working capital€74,402-€60,318within the sector's middle half▼ 18.9%€36,087within the sector's middle half▼ 40.2%€51,766within the sector's middle half▲ 43.4%€53,915within the sector's middle half▲ 4.2%€60,974within the sector's middle half▲ 13.1%€62,145within the sector's middle half▲ 1.9%
Solvency85.0%-81.5%above the sector's middle half▼ 3.5pp79.9%above the sector's middle half▼ 1.6pp73.9%above the sector's middle half▼ 6.0pp67.7%within the sector's middle half▼ 6.2pp67.6%within the sector's middle half▼ 0.2pp57.6%within the sector's middle half▼ 10.0pp
Current ratio6.68-5.42above the sector's middle half▼ 1.263.64above the sector's middle half▼ 1.783.84above the sector's middle half▲ 0.193.10within the sector's middle half▼ 0.743.08within the sector's middle half▼ 0.022.36within the sector's middle half▼ 0.72
Return on assets (ROA)-12.2%--19.0%below the sector's middle half▼ 6.9pp-8.7%below the sector's middle half▲ 10.4pp-3.8%below the sector's middle half▲ 4.9pp2.7%within the sector's middle half▲ 6.5pp7.8%within the sector's middle half▲ 5.1pp1.1%within the sector's middle half▼ 6.7pp
above within below the middle half of NACE 46, Wholesale trade: 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.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €107,925
Equity €62,145 ▲ 1.9%
Debt €45,780 ▲ 56.3%
Debt's share of the balance-sheet total rises from 32.4% to 42.4%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Quick ratio
2.25▼
2024 · 2.87
Debt to equity
0.74▲
2024 · 0.48
ROE
1.9%▼
2024 · 11.6%
Debt ≤ 1 year
€45,780▲
2024 · €29,285
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,042 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94.4% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94.4% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

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 17,042 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 · 35 lines
Balance sheet Code20242025
Assets
Total assets20/58€90,259€107,925▲
Current assets29/58€90,259€107,925▲
Stocks and contracts in progress3€6,280€4,870▼
Stocks30/36€6,280€4,870▼
Amounts receivable within one year40/41€83,978€102,959▲
Trade receivables40€76,644€102,663▲
Other amounts receivable41€7,334€296▼
Cash at bank and in hand54/58€1€96▲
Equity and liabilities
Total equity and liabilities10/49€90,259€107,925▲
Equity10/15€60,974€62,145▲
Contributions10/11€62,000€62,000=
Capital10€62,000€62,000=
Issued capital100€62,000€62,000=
Reserves13€23,041€23,041=
Non-distributable reserves130/1€1,152€1,152=
Legal reserve130€1,152€1,152=
Distributable reserves133€21,889€21,889=
Profit (loss) carried forward14-€24,067-€22,896▲
Amounts payable17/49€29,285€45,780▲
Amounts payable within one year42/48€29,285€45,780▲
Trade debts44-€5,960
Suppliers440/4-€5,960
Other amounts payable47/48€29,285€39,820▲
Income statement Code20242025
Turnover70€14,974€15,430▲
Goods, raw materials, services and sundry goods60/61€7,490€13,841▲
Other operating charges640/8€384€387▲
Gross operating margin9900€7,484€1,589▼
Operating profit (loss)9901€7,100€1,202▼
Financial charges65/66B€41€31▼
Recurring financial charges65€41€31▼
Profit (loss) for the period before taxes9903€7,059€1,171▼
Profit (loss) for the period9904€7,059€1,171▼
Profit (loss) for the period to be appropriated9905€7,059€1,171▼
Appropriation of the result
Profit (loss) to be appropriated9906-€24,067-€22,896▲
Profit (loss) brought forward from the previous period14P-€31,126-€24,067▲
Line2019202020212022202320242025Change
Turnover70€6,600€10,125€2,200€2,500€51,270€14,974€15,430▲ 3.0%
Non-recurring operating income76A--€0-----
Goods, raw materials, services and sundry goods60/61--€7,153€4,500€48,207€7,490€13,841▲ 84.8%
Remuneration, social security and pensions62--€0-----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0€0€0-----
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€0-----
Provisions for liabilities and charges: additions (uses and reversals)635/8--€0-----
Other operating charges640/8--€348€57€620€384€387▲ 0.8%
Operating charges capitalised as restructuring costs649--€0-----
Non-recurring operating charges66A--€0-----
Gross operating margin9900-€10,039-€13,484-€4,953-€2,000€3,063€7,484€1,589▼ 78.8%
Operating profit (loss)9901-€10,387-€13,880-€5,301-€2,057€2,443€7,100€1,202▼ 83.1%
Financial income75/76B--€0-----
Recurring financial income75€0€0€0-----
Non-recurring financial income76B--€0-----
Financial charges65/66B--€591€603€295€41€31▼ 24.4%
Recurring financial charges65€252€204€591€603€295€41€31▼ 24.4%
Non-recurring financial charges66B--€0-----
Profit (loss) for the period before taxes9903-€10,639-€14,084-€5,892-€2,660€2,148€7,059€1,171▼ 83.4%
Transfer from deferred taxes780--€0-----
Transfer to deferred taxes680--€0-----
Income taxes67/77€0€0€0-----
Profit (loss) for the period9904-€10,639-€14,084-€5,892-€2,660€2,148€7,059€1,171▼ 83.4%
Transfer from tax-exempt reserves789--€0-----
Transfer to tax-exempt reserves689--€0-----
Profit (loss) for the period to be appropriated9905-€10,639-€14,084-€5,892-€2,660€2,148€7,059€1,171▼ 83.4%
Line2019202020212022202320242025Change
Assets
Total assets20/58€87,502€73,968€68,077€70,016€79,591€90,259€107,925▲ 19.6%
Formation expenses20€0€0€18,340-----
Fixed assets21/28--€0-----
Intangible fixed assets21€0€0€0-----
Tangible fixed assets22/27--€0-----
Land and buildings22--€0-----
Plant, machinery and equipment23--€0-----
Furniture and vehicles24--€0-----
Leasing and similar rights25--€0-----
Other tangible fixed assets26--€0-----
Assets under construction and advance payments27--€0-----
Financial fixed assets28€0€0€0-----
Current assets29/58€87,502€73,968€49,737€70,016€79,591€90,259€107,925▲ 19.6%
Amounts receivable after more than one year29--€0-----
Trade receivables290--€0-----
Other amounts receivable291--€0-----
Stocks and contracts in progress3€36,230€22,380€15,300€15,300€6,280€6,280€4,870▼ 22.5%
Stocks30/36--€15,300€15,300€6,280€6,280€4,870▼ 22.5%
Amounts receivable within one year40/41€51,063€33,262€33,992€54,680€73,204€83,978€102,959▲ 22.6%
Trade receivables40--€10,886€32,073€33,048€76,644€102,663▲ 33.9%
Other amounts receivable41--€23,106€22,607€40,156€7,334€296▼ 96.0%
Current investments50/53€0€0€0-----
Cash at bank and in hand54/58€209€40€445€36€107€1€96▲ 9,500%
Deferred charges and accrued income490/1--€0-----
Equity and liabilities
Total equity and liabilities10/49€87,502€73,968€68,077€70,016€79,591€90,259€107,925▲ 19.6%
Equity10/15€74,402€60,318€54,427€51,766€53,915€60,974€62,145▲ 1.9%
Contributions10/11€62,000€62,000€62,000€62,000€62,000€62,000€62,000=
Capital10--€62,000€62,000€62,000€62,000€62,000=
Issued capital100--€62,000€62,000€62,000€62,000€62,000=
Uncalled capital101--€0-----
Contributions outside capital11--€0-----
Share premium1100/10--€0-----
Other1109/19--€0-----
Revaluation surpluses12--€0-----
Reserves13€23,041€23,041€23,041€23,041€23,041€23,041€23,041=
Non-distributable reserves130/1--€1,152€1,152€1,152€1,152€1,152=
Legal reserve130--€1,152€1,152€1,152€1,152€1,152=
Reserves not available under the articles1311--€0-----
Own shares acquired1312--€0-----
Financial assistance1313--€0-----
Other1319--€0-----
Tax-exempt reserves132--€0-----
Distributable reserves133--€21,889€21,889€21,889€21,889€21,889=
Profit (loss) carried forward14-€10,639-€24,723-€30,614-€33,275-€31,126-€24,067-€22,896▲ 4.9%
Investment grants15--€0-----
Advance to shareholders on the distribution of net assets19--€0-----
Provisions and deferred taxes16--€0-----
Provisions for liabilities and charges160/5--€0-----
Pensions and similar obligations160--€0-----
Taxes161--€0-----
Major repairs and maintenance162--€0-----
Environmental obligations163--€0-----
Other liabilities and charges164/5--€0-----
Deferred taxes168--€0-----
Amounts payable17/49€13,100€13,650€13,650€18,250€25,676€29,285€45,780▲ 56.3%
Amounts payable after more than one year17--€0-----
Financial debts170/4--€0-----
Trade debts175--€0-----
Advances received on contracts in progress176--€0-----
Other amounts payable178/9--€0-----
Amounts payable within one year42/48€13,100€13,650€13,650€18,250€25,676€29,285€45,780▲ 56.3%
Current portion of amounts payable after more than one year42--€0-----
Financial debts43--€0-----
Credit institutions430/8--€0-----
Other loans439--€0-----
Trade debts44--€0€4,500€50-€5,960-
Suppliers440/4--€0€4,500€50-€5,960-
Bills of exchange payable441--€0-----
Advances received on contracts in progress46--€0-----
Taxes, remuneration and social security45--€0-----
Taxes450/3--€0-----
Remuneration and social security454/9--€0-----
Other amounts payable47/48--€13,650€13,750€25,626€29,285€39,820▲ 36.0%
Accrued charges and deferred income492/3--€0-----
Line2019202020212022202320242025Change
Profit (loss) for the period9904-€10,639-€14,084-€5,892-€2,660€2,148€7,059€1,171▼ 83.4%
+ Depreciation and write-downs630€0€0€0-----
Operating cash flow (approximation)-€10,639-€14,084-€5,892-€2,660€2,148€7,059€1,171▼ 83.4%
Change in cash--€169€405-€409€71-€106€95-

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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Latest 10 of 19 filings with the National Bank
Financial year Type Filed Reference
30-09-2025 micro format 30-04-2026 2026-00103404
30-09-2024 micro format 28-04-2025 2025-00086074
30-09-2023 micro format 30-03-2024 2024-00057386
30-09-2022 micro format 06-04-2023 2023-00057630
30-09-2021 micro format 13-04-2022 2022-20003740
30-09-2020 abbreviated format 07-05-2021 2021-13800522
30-09-2019 abbreviated format 22-04-2020 2020-09600512
30-09-2018 abbreviated format 25-03-2019 2019-08000164
30-09-2017 abbreviated format 29-03-2018 2018-08700240
30-09-2016 abbreviated format 21-03-2017 2017-07100021

Show all 19 filings

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