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VECE

Active Private limited companyfounded 2008active for 18 yearsJoos de ter Beerstlaan 25, 8740 PittemKBO/BCE: BE 0806.690.404 #1 company by equity in West Flanders, Veterinary activities sector

Annual accounts 2025

abbreviated format, filed on 18-08-2026, 18 days late
€923,708
▲ 16.8%
€562,918
▲ 17.2%
€744,318
▲ 5.7%
€556,295
▲ 1.9%
65.4%
▼ 11.9 percentage points
1.44
▼ 1.11

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €2.2m. Estimated: probably between €1.3m and €3.7m.

Amounts without an identifiable currency are taken as euros.

Money flows

no detail for 2025

Balance sheet

balance sheet total €4.1m on 31-12-2025
What the company ownsHow it is paid for

in €m

in euro

Position in the sector

65.4%

Higher than 69% of 310 companies in 2025.

1.44

Higher than 44% of 307 companies in 2025.

9.2%

Higher than 38% of 309 companies in 2025.

VECE Middle half of the sector 80% of the sector Abbreviated accounts in veterinary activities (NACE 75)

Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter · Staff: middle half

Staff

€81,306

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009
Balance sheet: assets
20/58 4.1m3.8m3.9m3.4m3.4m3.4m2.7m1.8m1.5m1.3m1.3m899,946911,376694,845579,382227,225179,882
21/28 2.6m2.7m2.7m2.2m1.8m1.5m1.4m596,928601,230617,110652,901615,543567,314471,697374,79124,14828,319
22/27 2.5m2.7m2.7m2.2m1.8m1.5m1.4m578,330582,632598,512634,303615,543567,314471,697374,79124,14828,319
22 2.5m2.6m2.5m2.1m1.6m1.3m1.3m537,205530,208530,940575,966560,839554,134459,609360,966--
23 30,74840,25340,76523,01921,06624,39333,04826,18932,08022,52430,6819,5029,9478,7362,6592,488489
24 51,20477,224103,42064,91598,549132,18335,36014,93620,34445,04927,65645,2023,2333,35211,16621,66027,830
28 14,19814,19814,19816,05816,05816,05818,59818,59818,59818,59818,598------
29/58 1.5m1.1m1.2m1.2m1.6m1.9m1.3m1.2m930,357699,619631,398284,404344,062223,148204,591203,077151,563
3 1,200----21,25018,750----------
30/36 1,200----21,25018,750----------
40/41 747,843776,863870,377841,559728,427733,478648,957693,992547,087560,758602,102140,650204,803147,170159,145133,801141,563
40 742,089737,579870,037784,954686,793721,779613,402667,880543,604432,890341,65333,34926,553----
41 5,75439,28434056,60541,63411,69935,55626,1123,483127,868260,449107,301178,250147,170159,145133,801141,563
54/58 769,393280,392331,629351,863907,6091.2m592,905476,722382,173137,54428,022141,863139,25975,97845,44669,27610,000
490/1 2,8513,2031,2001,3222,7942,0441,8871,9111,0971,3181,2741,890-----
Balance sheet: equity and liabilities
10/49 4.1m3.8m3.9m3.4m3.4m3.4m2.7m1.8m1.5m1.3m1.3m899,946911,376694,845579,382227,225179,882
10/15 2.7m2.9m2.6m2.3m2.1m2.1m1.7m1.5m1.1m806,864628,115381,266311,443192,579127,49486,96240,233
10/11 12,40012,40012,40012,40012,40012,400-12,40012,40012,40012,40012,40012,40012,40012,40012,40012,400
100 -------18,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
101 -------6,2006,2006,2006,2006,2006,2006,2006,2006,2006,200
13 2.7m2.9m2.6m2.3m2.1m2.1m1.7m1.5m1.1m794,464615,715368,8661,8601,8601,8601,8601,860
130/1 1,8601,8601,8601,8601,8601,86014,260----------
130 -------1,8601,8601,8601,8601,8601,8601,8601,8601,8601,860
1311 1,8601,8601,8601,8601,8601,860-----------
1319 ------14,260----------
132 -1,3769,51917,66325,80633,950-----------
133 2.7m2.9m2.6m2.3m2.1m2.0m1.7m1.5m1.1m792,604613,855367,006-----
14 ------------297,183178,319113,23472,70225,973
16 -4593,1735,8888,60211,317-----------
168 -4593,1735,8888,60211,317-----------
17/49 1.4m848,8081.3m1.1m1.3m1.3m914,951288,616459,529509,866656,183518,680599,933502,266451,888140,263139,649
17 353,890432,463523,896547,222634,602738,912747,222133,333170,000206,667193,333242,440233,333253,333284,91522,76544,000
170/4 353,890432,463523,896547,222634,602738,912747,222133,333170,000206,667193,333242,440233,333253,333284,91522,76544,000
42/48 1.1m416,345799,381532,004643,807561,335167,135153,987286,323297,687457,533272,068366,600248,933166,973117,49895,649
42 78,57491,43291,43287,380104,310104,31066,66736,66736,66736,66749,10751,30436,00058,58278,14339,80226,500
43 --------90,00080,00080,000-----2,931
430/8 --------90,00080,00080,000-----2,931
44 20,17831,04259,75879,42366,01629,6822,0358,9584,6727,3377,88532,88179,0837,9573,9372,1323,762
440/4 20,17831,04259,75879,42366,01629,6822,0358,9584,6727,3377,88532,88179,0837,9573,9372,1323,762
45 154,242186,045252,841112,766150,869114,90817,07994,05994,30650,72491,42875,63179,91514,35651,40445,37715,926
450/3 154,242180,923249,607110,899150,869114,90816,81393,22893,59350,01490,55274,46679,91514,35651,40439,37715,926
454/9 -5,1223,2341,867--2668317137108771,165---6,000-
47/48 803,826107,825395,350252,435322,612312,43581,35514,30360,678122,959229,112112,251171,602168,03833,48930,18746,531
492/3 ------5931,2963,2065,5135,3174,173-----
Income statement
70 ----------------216,073
76A 38,7522,650---54,290046,581---------
9900 923,708790,708928,673867,539677,687744,784694,671682,554561,768449,444533,179214,898270,838145,992143,00188,39871,255
60/61 ----------------144,818
62 81,30679,52473,39844,6095,0282,5304,7547,3527,2418,1548,5746,765-----
630 181,400223,584154,506125,001109,54192,035175,96966,61193,108103,87183,93582,55748,71241,20967,96212,61619,066
631/4 1,017----------------
640/8 97,0677,1839,82123,0514,4794,0214,6812,0562,1881,8012,3642,2502,3902,1612,2153,9211,314
66A -----1,070-----------
9901 562,918480,417690,948674,879558,638646,198509,268606,535459,231335,618438,307123,327219,736102,62272,82471,86150,875
75/76B 1,3691,441225,45177510219,54609,95416812496156689851,3701428
75 1,369441225,45177510219,546--16812496156689851,3701428
76B -1,000----09,954---------
65/66B 21,89211,70212,47411,21313,23815,45811,1659,04813,08316,72917,08915,84410,98112,2366,0641,695143
65 21,89211,70212,47411,21313,23814,38911,1659,04813,08316,72917,08915,84410,98112,2366,0641,695143
66B -----1,070-----------
9903 542,395470,156903,925664,440545,411850,286498,104607,441446,316318,901421,267108,097209,42391,37168,13070,18050,759
780 4592,7142,7142,7142,714------------
67/77 167,959150,429240,789212,823162,700199,959165,602198,562181,122140,152174,41838,27565,55926,28627,59823,45115,926
9904 374,895322,442665,850454,331385,426639,010332,501408,878265,194178,748246,85069,823143,86465,08540,53246,72934,833
789 1,3768,1438,1438,1438,1436,767-----------
689 -----40,717-----------
9905 376,271330,585673,994462,474393,569605,060332,501408,878265,194178,748246,85069,823143,86465,08540,53246,72934,833
Appropriation of the result
9906 376,271330,585673,994462,474393,569605,060332,501408,878265,194178,748246,850367,006322,183178,319113,23472,70234,833
791/2 605,060-408,878265,194322,612311,93569,823----------
691/2 376,271330,585673,994462,474393,569605,060332,501408,878265,194178,748246,850367,006----1,860
6920 ----------------1,860
6921 376,271330,585673,994462,474393,569605,060332,501408,878265,194178,748246,850367,006-----
694/7 605,060-408,878265,194322,612311,93569,823-----25,000---7,000
694 605,060-408,878265,194322,612311,93569,823---------7,000
695 ------------25,000----
Social balance sheet
9087 11.1----0.30.40.30.30.30.3-----
Hours worked1013 1,7561,891----273483483654624527-----
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The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 18-08-2026.

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Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 18 days after the deadline. Filed on 18 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00409901.

Financial year Type Filed Reference Document
31-12-2025 abbreviated format 18-08-2026 2026-00409901 PDF
31-12-2024 abbreviated format 29-08-2025 2025-00469755 PDF
31-12-2023 abbreviated format 30-07-2024 2024-00308961 PDF
31-12-2022 abbreviated format 30-06-2023 2023-00178919 PDF
31-12-2021 abbreviated format 30-09-2022 2022-20447732 PDF
31-12-2020 abbreviated format 31-08-2021 2021-61000152 PDF
31-12-2019 abbreviated format 29-06-2020 2020-21900586 PDF
31-12-2018 abbreviated format 29-08-2019 2019-56800434 PDF
31-12-2017 abbreviated format 13-07-2018 2018-33100439 PDF
31-12-2016 micro format 20-07-2017 2017-34300119 PDF
31-12-2015 abbreviated format 04-07-2016 2016-27300597 PDF
31-12-2014 abbreviated format 06-08-2015 2015-40200554 PDF
31-12-2013 abbreviated format 11-07-2014 2014-30100564 PDF
31-12-2012 abbreviated format 19-07-2013 2013-33200052 PDF
31-12-2011 abbreviated format 13-07-2012 2012-31900020 PDF
31-12-2010 abbreviated format 08-06-2011 2011-16000088 PDF
31-12-2009 abbreviated format 06-07-2010 2010-28300379 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009
744,318704,001845,454799,880668,180738,232685,237673,146552,338439,489522,242205,884268,448143,831140,78684,47769,941
556,295546,025820,356579,332494,967731,045508,470475,489358,302282,620330,785152,380192,576106,294108,49459,34553,899
13,098211,590646,212556,326420,863170,191975,10815,72887,54768,081121,293130,785125,263138,115418,6058,44547,385
489,000-51,236-20,235-555,746-247,510562,214116,18394,549244,628109,522-113,8412,60463,28130,532-23,83059,276-
464,467644,114403,825662,740995,0231.4m1.1m1.0m644,034401,933173,86512,336-22,538-25,78537,61885,57955,914
----------------23.5%
65.4%77.4%66.0%68.2%62.4%61.2%65.6%83.7%70.0%61.3%48.9%42.4%34.2%27.7%22.0%38.3%22.4%
1.442.551.512.252.553.417.557.623.252.351.381.050.940.901.231.731.58
1.442.551.512.252.553.377.447.623.252.351.381.050.940.901.231.731.58
0.530.290.510.460.600.630.520.190.430.631.041.361.932.613.541.613.47
14.0%11.1%25.8%19.6%18.1%30.9%19.1%27.6%24.7%22.2%39.3%18.3%46.2%33.8%31.8%53.7%86.6%
9.2%8.6%17.0%13.3%11.3%18.9%12.5%23.1%17.3%13.6%19.2%7.8%15.8%9.4%7.0%20.6%19.4%
34.0060.1667.7871.3350.47------------
----------------239 days
----------------9 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202531-12-2024
Employees at the balance-sheet date11
full-time11
in full-time equivalents11
11.1
On a permanent contract11
Joined-2
Left-2

Source: social balance sheet in the 2024 to 2025 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€13,098€211,590€646,212€556,326€420,863
€181,400€223,584€154,506€125,001€109,541

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on VECE

The operating result for 2025 is 17% higher than in 2024. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total rises from 22.6% to 34.6%. Equity is lower and debt is higher.

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