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STEPIEN VETERINARY

Active
Private limited companyfounded 20251 yr activeSchoolstraat 62, 3380 Glabbeek, BelgiumKBO/BCE: BE 1018.635.206
Summary

STEPIEN VETERINARY has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6,755 and a net result of €5,255. Its solvency ranks better than 19% of 1284 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
Axes
Profitability86
Solvency43
Growth-
Track record67
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.98; short-term debt: 32.6% and cash: 23.7% of total assets), and 82% of the assets are financed with debt.
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Signals

Four 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 · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 1284 sector peers (2025).
NBB · sector comparison
Position among 1284 sector peers
Solvency
better than 19%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
16 d early
← before the deadline after the deadline →
Checked, nothing found (1)
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

On 13 January 2025, STEPIEN VETERINARY was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

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

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Financials · fiscal year 2025, micro schema

Equity
€6,755
Total assets
€37,510
Net result
€5,255
Working capital
-€305

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €37,510
Fixed assets €25,595
Current assets €11,915
Equity and liabilities €37,510
Equity €6,755
Debt €30,755
Debt finances 82.0% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€15,131
Cash flow
€11,653
Current ratio
0.98
Debt to equity
4.55
ROE
77.8%
ROA
14.0%
Interest coverage
16.89
Debt ≤ 1 year
€12,220
Debt > 1 year
€18,535
Income taxes
€2,582

Peer companies

Historical observation

Of the 2,390 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.0% went bankrupt
1.9% stopped otherwise
97% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 2,390 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 · 37 lines
Balance sheet Code2025
Assets
Total assets20/58€37,510
Fixed assets21/28€25,595
Tangible fixed assets22/27€25,595
Furniture and vehicles24€25,595
Current assets29/58€11,915
Amounts receivable within one year40/41€2,512
Other amounts receivable41€2,512
Cash at bank and in hand54/58€8,887
Deferred charges and accrued income490/1€515
Equity and liabilities
Total equity and liabilities10/49€37,510
Equity10/15€6,755
Contributions10/11€1,500
Reserves13€5,255
Distributable reserves133€5,255
Amounts payable17/49€30,755
Amounts payable after more than one year17€18,535
Financial debts170/4€18,535
Amounts payable within one year42/48€12,220
Current portion of amounts payable after more than one year42€4,903
Trade debts44€518
Suppliers440/4€518
Taxes, remuneration and social security45€269
Taxes450/3€269
Other amounts payable47/48€6,531
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,399
Other operating charges640/8€5,449
Gross operating margin9900€20,580
Operating profit (loss)9901€8,733
Financial charges65/66B€896
Recurring financial charges65€896
Profit (loss) for the period before taxes9903€7,837
Income taxes67/77€2,582
Profit (loss) for the period9904€5,255
Profit (loss) for the period to be appropriated9905€5,255
Appropriation of the result
Profit (loss) to be appropriated9906€5,255
Transfer to equity691/2€5,255
To other reserves6921€5,255

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,399
Other operating charges640/8€5,449
Gross operating margin9900€20,580
Operating profit (loss)9901€8,733
Financial charges65/66B€896
Recurring financial charges65€896
Profit (loss) for the period before taxes9903€7,837
Income taxes67/77€2,582
Profit (loss) for the period9904€5,255
Profit (loss) for the period to be appropriated9905€5,255
Line2025
Assets
Total assets20/58€37,510
Fixed assets21/28€25,595
Tangible fixed assets22/27€25,595
Furniture and vehicles24€25,595
Current assets29/58€11,915
Amounts receivable within one year40/41€2,512
Other amounts receivable41€2,512
Cash at bank and in hand54/58€8,887
Deferred charges and accrued income490/1€515
Equity and liabilities
Total equity and liabilities10/49€37,510
Equity10/15€6,755
Contributions10/11€1,500
Reserves13€5,255
Distributable reserves133€5,255
Amounts payable17/49€30,755
Amounts payable after more than one year17€18,535
Financial debts170/4€18,535
Amounts payable within one year42/48€12,220
Current portion of amounts payable after more than one year42€4,903
Trade debts44€518
Suppliers440/4€518
Taxes, remuneration and social security45€269
Taxes450/3€269
Other amounts payable47/48€6,531
Line2025
Profit (loss) for the period9904€5,255
+ Depreciation and write-downs630€6,399
Operating cash flow (approximation)€11,653

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

2026
15-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Glabbeek · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
487 m²
Building footprint
101 m²
Volume, LiDAR
669 m³
Parcel 24018C0149/00F005, Flanders · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
STEPIEN VETERINARY
Schoolstraat 62, 3380 GlabbeekVeterinary services
since 20252.369.021.003
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24018C0149/00F005 Flanders 487 m² 1 · 101 m² 10.6 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 1,951. 731 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
Founded13-01-2025
Fiscal year end31-12
Activities, NACEBEL 2025
75000Veterinary services
82990Other business support services
86910Medical imaging and medical laboratories
E-invoicing
Reachable via Peppol
Peppol ID 0208:1018635206
Also 9925:BE1018635206
Registered 09-02-2025

Register as of 27 September 2026 · Peppol Directory

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