Equity
€2.7m ▼ 7.9%
VECE paid out €605,060 in dividends. That is 161% of the 2025 profit.
VECE
Lifetime
17 annual accounts with figures on one time axispeak €928,673 (2023)
€923,708▲ 16.8%
peak €665,850 (2023)
€374,895▲ 16.3%
peak €2.9m (2024)
€2.7m▼ 7.9%
€1.4m▲ 66.2%
peak 1.1 FTE (2024)
1 FTE▼ 9.1%
Board1 name since 2019
1 director
Documentsfilings and deeds
18-08-202618 days late
2025abbreviated format
Gross margin from €790,708 to €923,708Staff from 1.1 FTE to 1 FTEDividend €605,060Debts from €848,808 to €1.4mCash from €280,392 to €769,393
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Key points
from the 2025 annual accountsTurnover
≈ €2.2m estimated
The abbreviated format states no turnover.
Investments
€13,098 0.1 × depreciation
Green is investment, beige is depreciation.
Liquidity
1.44 was 2.55 in 2024
Short-term debts rose from €416,345 to €1.1m.
Filings
17 annual accounts since 2009
Five of the last ten came late. The 2021 accounts came latest: 61 days after the end of the period.
Position in the sector
€2.7m
More equity than 95% of companies in veterinary activities. Sector median €175,752 · 310 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as VECE has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for VECE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
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Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0806690404
Environmental permit granted
Functiewijziging zonder verbouwingswerken · Wingene
Amendment of the articles
Gazette deed
Environmental permit granted
Bouwen of herbouwen, Functiewijziging, Nieuwbouw van bijgebouwen en niet overdekte lage constructie and 2 more · Wingene
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Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VECE Pittem | €4.1m | €0.9m | 65.4% | 1 |
| DAP BIEKE VAN DIJCK Bree | €4.9m | €0.8m | 54.6% | 2.1 |
| Beyne Bruno Dierenarts Oostkamp | €3.1m | €0.5m | 38.2% | 2.1 |
| DAP CATTOIR - GHIJSELINGS Eeklo | €4.0m | €1.1m | 19.3% | 2.3 |
| Davati Schoten | €1.7m | €0.7m | 94.0% | 1.4 |
| VETSOLUTIONS Lummen | €3.1m | €0.7m | 4.1% | 2.8 |
| WILLEM VERHAEGHE Zoersel | €2.7m | €0.5m | 54.9% | 1.8 |
These companies have the same main activity as VECE: veterinary services (NACE 75000). They are comparable in size and age: total assets between €1.7m and €4.9m, founded between 2005 and 2016.
Official details
Source: KBO- Status
- Active since 29-09-2008Normal situation
- Activity
- Veterinary servicesNACE 75000
- Establishment units
- 2.301.804.6548740 Pittem, since 29-09-2008
- 2.301.804.7538750 Wingene, since 29-09-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 02-09-2023
Insights on VECE
VECE files the abbreviated format. That format states no turnover. The gross margin rose from €71,255 in 2009 to €923,708 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about VECE
- What is the company number of VECE?
- The company number of VECE is 0806.690.404. The VAT number is the same number with BE in front: BE 0806.690.404.
- Where is VECE based?
- The registered office is at Joos de ter Beerstlaan 25, 8740 Pittem.Company details
- What does VECE do?
- According to the KBO register, the main activity is veterinary services (NACE 75000).
- What is the legal form of VECE?
- VECE is a private limited company (BV).
- When was VECE founded?
- VECE was founded on 29-09-2008.
- Is VECE still active?
- Yes, VECE is an active enterprise in the KBO register.
- How many employees does VECE have?
- VECE had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of VECE?
- The turnover in financial year 2025 is ≈ €2.2m. This figure is estimated from the gross margin of €923,708 and 2,274 comparable companies of the same size. It probably lies between €1.3m and €3.7m. It is a rough estimate.
- Is VECE profitable?
- In financial year 2025, VECE made a profit of €374,895.
- Where can I find the annual accounts of VECE?
- VECE filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VECE due?
- VECE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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