Univet
ActiveSummary
Univet has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €376k and a net result of €368k. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 45% of 244 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+5
Solvency59▲+1
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity tight (current ratio 1.5 against 1.49 in 2024; short-term debt: 64.7% and cash: 13% of total assets), and 66.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers 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
Sector 75
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
33.6%
Return on assets
32.9%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €376k
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
28 d early
2023
29 d early
2022
31 d early
2021
31 d early
2020
9 d early
2019
29 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€376k▲ 6.7%
2024 · €352k
2018: €320k
2019: €327k
2020: €328k
2021: €329k
2022: €329k
2023: €330k
2024: €352k
2018 → 2025
Total assets
€1.12M▲ 5.2%
2024 · €1.06M
2018: €1.49M
2019: €1.48M
2020: €1.16M
2021: €924k
2022: €909k
2023: €921k
2024: €1.06M
2018 → 2025
Net result
€368k▲ 65.5%
2024 · €222k
2018: €249k
2019: €234k
2020: €107k
2021: €73k
2022: €78k
2023: €171k
2024: €222k
2018 → 2025
Working capital
€358k▲ 6.8%
2024 · €335k
2018: €346k
2019: €333k
2020: €325k
2021: €334k
2022: €340k
2023: €334k
2024: €335k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€329k-€329k=€330k▲ 0.2%€352k▲ 6.7%€376k▲ 6.7%
Operating result€91k-€90k▼ 0.6%€186k▲ 106%€242k▲ 30.5%€386k▲ 59.4%
Net result€73k-€78k▲ 6.4%€171k▲ 118%€222k▲ 30.1%€368k▲ 65.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 59% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.12M
Fixed assets
€35k ▼ 26.1%
Current assets
€1.08M ▲ 6.7%
Equity and liabilities €1.12M
Equity
€376k ▲ 6.7%
Debt
€741k ▲ 4.5%
Debt's share of the balance-sheet total falls from 66.8% to 66.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€398k▲
2024 · €257k
Cash flow
€380k▲
2024 · €237k
Current ratio
1.50=
2024 · 1.49
Quick ratio
1.01▼
2024 · 1.03
Debt to equity
1.97▼
2024 · 2.01
ROE
97.8%▲
2024 · 63.0%
ROA
32.9%▲
2024 · 20.9%
Interest coverage
30.38▲
2024 · 15.02
Debt ≤ 1 year
€723k▲
2024 · €678k
Debt > 1 year
€18k▼
2024 · €30k
Income taxes
€8k▲
2024 · €6k
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 · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.06M€1.12M▲
Fixed assets21/28€48k€35k▼
Tangible fixed assets22/27€48k€35k▼
Furniture and vehicles24€48k€35k▼
Current assets29/58€1.01M€1.08M▲
Stocks and contracts in progress3€316k€349k▲
Stocks30/36€316k€349k▲
Amounts receivable within one year40/41€611k€577k▼
Trade receivables40€522k€493k▼
Other amounts receivable41€90k€85k▼
Cash at bank and in hand54/58€76k€146k▲
Deferred charges and accrued income490/1€10k€9k▼
Equity and liabilities
Total equity and liabilities10/49€1.06M€1.12M▲
Equity10/15€352k€376k▲
Contributions10/11€6k€6k=
Reserves13€346k€370k▲
Tax-exempt reserves132€19k€19k=
Distributable reserves133€327k€351k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€709k€741k▲
Amounts payable after more than one year17€30k€18k▼
Financial debts170/4€30k€18k▼
Amounts payable within one year42/48€678k€723k▲
Current portion of amounts payable after more than one year42€24k€13k▼
Financial debts43€245k€50k▼
Credit institutions430/8€245k€50k▼
Trade debts44€145k€230k▲
Suppliers440/4€145k€230k▲
Advances received on contracts in progress46-€321
Taxes, remuneration and social security45€2k€893▼
Taxes450/3€2k€893▼
Other amounts payable47/48€261k€429k▲
Accrued charges and deferred income492/3€922€212▼
Income statement
Code20242025
Non-recurring operating income76A-€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€13k▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€260k€402k▲
Operating profit (loss)9901€242k€386k▲
Financial income75/76B€3k€3k▼
Recurring financial income75€3k€3k▼
Financial charges65/66B€17k€13k▼
Recurring financial charges65€17k€13k▼
Profit (loss) for the period before taxes9903€229k€376k▲
Income taxes67/77€6k€8k▲
Profit (loss) for the period9904€222k€368k▲
Profit (loss) for the period to be appropriated9905€222k€368k▲
Appropriation of the result
Profit (loss) to be appropriated9906€222k€368k▲
Transfer to equity691/2€22k€24k▲
To other reserves6921€22k€24k▲
Profit to be distributed694/7€200k€344k▲
Directors or managers695€200k€344k▲
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €368k ▲65.5%
Operating result €386k, net result €368k, both a record.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €73k ▼31.1%
Net result drops to €73k, the lowest in the series; recovery starts the following year.
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Brugge · 1 establishment unit since 1993
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.
Dudzeels Neerhof 43 A8380 BruggeGround area
1.5 ha
Building footprint
275 m²
Volume, LiDAR
1,556 m³
2 parcels, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
UNIVET
since 19932.196.425.042
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31007E0825/00K000 | Flanders | 1.5 ha | 1 · 185 m² | 7.1 m · 2 fl. |
| 31007E0829/00X006 | Flanders | 505 m² | 1 · 91 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrugge2.196.425.042
Similar companies · same sector, comparable size
Dierenartsenpraktijk Heizijde
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Cabinet Vétérinaire LOURTIE Olivier
BE 0831.757.974
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AGRO-VETO
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Florennes · Eq €374,141
DAP SMITS MATTHYS
BE 0655.690.405
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DIERENARTSENPRAKTIJK DE AREND
BE 0537.362.281
Arendonk · Eq €372,893
Of 6,078 companies in sector 75000 we hold annual accounts for 1,950. 1,471 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-01-1993
Fiscal year end31-12
Activities, NACEBEL 2025
75000Veterinary services
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.