Equity
VECE paid out €605,060 in dividends. That is 161% of the 2025 profit.
VECE paid out €605,060 in dividends. That is 161% of the 2025 profit.
The abbreviated format states no turnover.
Green is investment, beige is depreciation.
Short-term debts rose from €416,345 to €1.1m.
Five of the last ten came late. The 2021 accounts came latest: 61 days after the end of the period.
More equity than 95% of companies in veterinary activities. Sector median €175,752 · 310 companies.
In July 2024, 34,693 companies had the same profile as VECE has now. Each dot stands for 87 companies, two years later.
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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| 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.
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.
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.
Higher than 69% of 310 companies in 2025.
Higher than 44% of 307 companies in 2025.
Higher than 38% of 309 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter · Staff: middle half
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
4.1m | 3.8m | 3.9m | 3.4m | 3.4m | 3.4m | 2.7m | 1.8m | 1.5m | 1.3m | 1.3m | 899,946 | 911,376 | 694,845 | 579,382 | 227,225 | 179,882 | |
21/28 |
2.6m | 2.7m | 2.7m | 2.2m | 1.8m | 1.5m | 1.4m | 596,928 | 601,230 | 617,110 | 652,901 | 615,543 | 567,314 | 471,697 | 374,791 | 24,148 | 28,319 | |
22/27 |
2.5m | 2.7m | 2.7m | 2.2m | 1.8m | 1.5m | 1.4m | 578,330 | 582,632 | 598,512 | 634,303 | 615,543 | 567,314 | 471,697 | 374,791 | 24,148 | 28,319 | |
22 |
2.5m | 2.6m | 2.5m | 2.1m | 1.6m | 1.3m | 1.3m | 537,205 | 530,208 | 530,940 | 575,966 | 560,839 | 554,134 | 459,609 | 360,966 | - | - | |
23 |
30,748 | 40,253 | 40,765 | 23,019 | 21,066 | 24,393 | 33,048 | 26,189 | 32,080 | 22,524 | 30,681 | 9,502 | 9,947 | 8,736 | 2,659 | 2,488 | 489 | |
24 |
51,204 | 77,224 | 103,420 | 64,915 | 98,549 | 132,183 | 35,360 | 14,936 | 20,344 | 45,049 | 27,656 | 45,202 | 3,233 | 3,352 | 11,166 | 21,660 | 27,830 | |
28 |
14,198 | 14,198 | 14,198 | 16,058 | 16,058 | 16,058 | 18,598 | 18,598 | 18,598 | 18,598 | 18,598 | - | - | - | - | - | - | |
29/58 |
1.5m | 1.1m | 1.2m | 1.2m | 1.6m | 1.9m | 1.3m | 1.2m | 930,357 | 699,619 | 631,398 | 284,404 | 344,062 | 223,148 | 204,591 | 203,077 | 151,563 | |
3 |
1,200 | - | - | - | - | 21,250 | 18,750 | - | - | - | - | - | - | - | - | - | - | |
30/36 |
1,200 | - | - | - | - | 21,250 | 18,750 | - | - | - | - | - | - | - | - | - | - | |
40/41 |
747,843 | 776,863 | 870,377 | 841,559 | 728,427 | 733,478 | 648,957 | 693,992 | 547,087 | 560,758 | 602,102 | 140,650 | 204,803 | 147,170 | 159,145 | 133,801 | 141,563 | |
40 |
742,089 | 737,579 | 870,037 | 784,954 | 686,793 | 721,779 | 613,402 | 667,880 | 543,604 | 432,890 | 341,653 | 33,349 | 26,553 | - | - | - | - | |
41 |
5,754 | 39,284 | 340 | 56,605 | 41,634 | 11,699 | 35,556 | 26,112 | 3,483 | 127,868 | 260,449 | 107,301 | 178,250 | 147,170 | 159,145 | 133,801 | 141,563 | |
54/58 |
769,393 | 280,392 | 331,629 | 351,863 | 907,609 | 1.2m | 592,905 | 476,722 | 382,173 | 137,544 | 28,022 | 141,863 | 139,259 | 75,978 | 45,446 | 69,276 | 10,000 | |
490/1 |
2,851 | 3,203 | 1,200 | 1,322 | 2,794 | 2,044 | 1,887 | 1,911 | 1,097 | 1,318 | 1,274 | 1,890 | - | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
4.1m | 3.8m | 3.9m | 3.4m | 3.4m | 3.4m | 2.7m | 1.8m | 1.5m | 1.3m | 1.3m | 899,946 | 911,376 | 694,845 | 579,382 | 227,225 | 179,882 | |
10/15 |
2.7m | 2.9m | 2.6m | 2.3m | 2.1m | 2.1m | 1.7m | 1.5m | 1.1m | 806,864 | 628,115 | 381,266 | 311,443 | 192,579 | 127,494 | 86,962 | 40,233 | |
10/11 |
12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
100 |
- | - | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
13 |
2.7m | 2.9m | 2.6m | 2.3m | 2.1m | 2.1m | 1.7m | 1.5m | 1.1m | 794,464 | 615,715 | 368,866 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 14,260 | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | |
1319 |
- | - | - | - | - | - | 14,260 | - | - | - | - | - | - | - | - | - | - | |
132 |
- | 1,376 | 9,519 | 17,663 | 25,806 | 33,950 | - | - | - | - | - | - | - | - | - | - | - | |
133 |
2.7m | 2.9m | 2.6m | 2.3m | 2.1m | 2.0m | 1.7m | 1.5m | 1.1m | 792,604 | 613,855 | 367,006 | - | - | - | - | - | |
14 |
- | - | - | - | - | - | - | - | - | - | - | - | 297,183 | 178,319 | 113,234 | 72,702 | 25,973 | |
16 |
- | 459 | 3,173 | 5,888 | 8,602 | 11,317 | - | - | - | - | - | - | - | - | - | - | - | |
168 |
- | 459 | 3,173 | 5,888 | 8,602 | 11,317 | - | - | - | - | - | - | - | - | - | - | - | |
17/49 |
1.4m | 848,808 | 1.3m | 1.1m | 1.3m | 1.3m | 914,951 | 288,616 | 459,529 | 509,866 | 656,183 | 518,680 | 599,933 | 502,266 | 451,888 | 140,263 | 139,649 | |
17 |
353,890 | 432,463 | 523,896 | 547,222 | 634,602 | 738,912 | 747,222 | 133,333 | 170,000 | 206,667 | 193,333 | 242,440 | 233,333 | 253,333 | 284,915 | 22,765 | 44,000 | |
170/4 |
353,890 | 432,463 | 523,896 | 547,222 | 634,602 | 738,912 | 747,222 | 133,333 | 170,000 | 206,667 | 193,333 | 242,440 | 233,333 | 253,333 | 284,915 | 22,765 | 44,000 | |
42/48 |
1.1m | 416,345 | 799,381 | 532,004 | 643,807 | 561,335 | 167,135 | 153,987 | 286,323 | 297,687 | 457,533 | 272,068 | 366,600 | 248,933 | 166,973 | 117,498 | 95,649 | |
42 |
78,574 | 91,432 | 91,432 | 87,380 | 104,310 | 104,310 | 66,667 | 36,667 | 36,667 | 36,667 | 49,107 | 51,304 | 36,000 | 58,582 | 78,143 | 39,802 | 26,500 | |
43 |
- | - | - | - | - | - | - | - | 90,000 | 80,000 | 80,000 | - | - | - | - | - | 2,931 | |
430/8 |
- | - | - | - | - | - | - | - | 90,000 | 80,000 | 80,000 | - | - | - | - | - | 2,931 | |
44 |
20,178 | 31,042 | 59,758 | 79,423 | 66,016 | 29,682 | 2,035 | 8,958 | 4,672 | 7,337 | 7,885 | 32,881 | 79,083 | 7,957 | 3,937 | 2,132 | 3,762 | |
440/4 |
20,178 | 31,042 | 59,758 | 79,423 | 66,016 | 29,682 | 2,035 | 8,958 | 4,672 | 7,337 | 7,885 | 32,881 | 79,083 | 7,957 | 3,937 | 2,132 | 3,762 | |
45 |
154,242 | 186,045 | 252,841 | 112,766 | 150,869 | 114,908 | 17,079 | 94,059 | 94,306 | 50,724 | 91,428 | 75,631 | 79,915 | 14,356 | 51,404 | 45,377 | 15,926 | |
450/3 |
154,242 | 180,923 | 249,607 | 110,899 | 150,869 | 114,908 | 16,813 | 93,228 | 93,593 | 50,014 | 90,552 | 74,466 | 79,915 | 14,356 | 51,404 | 39,377 | 15,926 | |
454/9 |
- | 5,122 | 3,234 | 1,867 | - | - | 266 | 831 | 713 | 710 | 877 | 1,165 | - | - | - | 6,000 | - | |
47/48 |
803,826 | 107,825 | 395,350 | 252,435 | 322,612 | 312,435 | 81,355 | 14,303 | 60,678 | 122,959 | 229,112 | 112,251 | 171,602 | 168,038 | 33,489 | 30,187 | 46,531 | |
492/3 |
- | - | - | - | - | - | 593 | 1,296 | 3,206 | 5,513 | 5,317 | 4,173 | - | - | - | - | - | |
| Income statement | ||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 216,073 | |
76A |
38,752 | 2,650 | - | - | - | 54,290 | 0 | 46,581 | - | - | - | - | - | - | - | - | - | |
9900 |
923,708 | 790,708 | 928,673 | 867,539 | 677,687 | 744,784 | 694,671 | 682,554 | 561,768 | 449,444 | 533,179 | 214,898 | 270,838 | 145,992 | 143,001 | 88,398 | 71,255 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 144,818 | |
62 |
81,306 | 79,524 | 73,398 | 44,609 | 5,028 | 2,530 | 4,754 | 7,352 | 7,241 | 8,154 | 8,574 | 6,765 | - | - | - | - | - | |
630 |
181,400 | 223,584 | 154,506 | 125,001 | 109,541 | 92,035 | 175,969 | 66,611 | 93,108 | 103,871 | 83,935 | 82,557 | 48,712 | 41,209 | 67,962 | 12,616 | 19,066 | |
631/4 |
1,017 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
640/8 |
97,067 | 7,183 | 9,821 | 23,051 | 4,479 | 4,021 | 4,681 | 2,056 | 2,188 | 1,801 | 2,364 | 2,250 | 2,390 | 2,161 | 2,215 | 3,921 | 1,314 | |
66A |
- | - | - | - | - | 1,070 | - | - | - | - | - | - | - | - | - | - | - | |
9901 |
562,918 | 480,417 | 690,948 | 674,879 | 558,638 | 646,198 | 509,268 | 606,535 | 459,231 | 335,618 | 438,307 | 123,327 | 219,736 | 102,622 | 72,824 | 71,861 | 50,875 | |
75/76B |
1,369 | 1,441 | 225,451 | 775 | 10 | 219,546 | 0 | 9,954 | 168 | 12 | 49 | 615 | 668 | 985 | 1,370 | 14 | 28 | |
75 |
1,369 | 441 | 225,451 | 775 | 10 | 219,546 | - | - | 168 | 12 | 49 | 615 | 668 | 985 | 1,370 | 14 | 28 | |
76B |
- | 1,000 | - | - | - | - | 0 | 9,954 | - | - | - | - | - | - | - | - | - | |
65/66B |
21,892 | 11,702 | 12,474 | 11,213 | 13,238 | 15,458 | 11,165 | 9,048 | 13,083 | 16,729 | 17,089 | 15,844 | 10,981 | 12,236 | 6,064 | 1,695 | 143 | |
65 |
21,892 | 11,702 | 12,474 | 11,213 | 13,238 | 14,389 | 11,165 | 9,048 | 13,083 | 16,729 | 17,089 | 15,844 | 10,981 | 12,236 | 6,064 | 1,695 | 143 | |
66B |
- | - | - | - | - | 1,070 | - | - | - | - | - | - | - | - | - | - | - | |
9903 |
542,395 | 470,156 | 903,925 | 664,440 | 545,411 | 850,286 | 498,104 | 607,441 | 446,316 | 318,901 | 421,267 | 108,097 | 209,423 | 91,371 | 68,130 | 70,180 | 50,759 | |
780 |
459 | 2,714 | 2,714 | 2,714 | 2,714 | - | - | - | - | - | - | - | - | - | - | - | - | |
67/77 |
167,959 | 150,429 | 240,789 | 212,823 | 162,700 | 199,959 | 165,602 | 198,562 | 181,122 | 140,152 | 174,418 | 38,275 | 65,559 | 26,286 | 27,598 | 23,451 | 15,926 | |
9904 |
374,895 | 322,442 | 665,850 | 454,331 | 385,426 | 639,010 | 332,501 | 408,878 | 265,194 | 178,748 | 246,850 | 69,823 | 143,864 | 65,085 | 40,532 | 46,729 | 34,833 | |
789 |
1,376 | 8,143 | 8,143 | 8,143 | 8,143 | 6,767 | - | - | - | - | - | - | - | - | - | - | - | |
689 |
- | - | - | - | - | 40,717 | - | - | - | - | - | - | - | - | - | - | - | |
9905 |
376,271 | 330,585 | 673,994 | 462,474 | 393,569 | 605,060 | 332,501 | 408,878 | 265,194 | 178,748 | 246,850 | 69,823 | 143,864 | 65,085 | 40,532 | 46,729 | 34,833 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
376,271 | 330,585 | 673,994 | 462,474 | 393,569 | 605,060 | 332,501 | 408,878 | 265,194 | 178,748 | 246,850 | 367,006 | 322,183 | 178,319 | 113,234 | 72,702 | 34,833 | |
791/2 |
605,060 | - | 408,878 | 265,194 | 322,612 | 311,935 | 69,823 | - | - | - | - | - | - | - | - | - | - | |
691/2 |
376,271 | 330,585 | 673,994 | 462,474 | 393,569 | 605,060 | 332,501 | 408,878 | 265,194 | 178,748 | 246,850 | 367,006 | - | - | - | - | 1,860 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
376,271 | 330,585 | 673,994 | 462,474 | 393,569 | 605,060 | 332,501 | 408,878 | 265,194 | 178,748 | 246,850 | 367,006 | - | - | - | - | - | |
694/7 |
605,060 | - | 408,878 | 265,194 | 322,612 | 311,935 | 69,823 | - | - | - | - | - | 25,000 | - | - | - | 7,000 | |
694 |
605,060 | - | 408,878 | 265,194 | 322,612 | 311,935 | 69,823 | - | - | - | - | - | - | - | - | - | 7,000 | |
695 |
- | - | - | - | - | - | - | - | - | - | - | - | 25,000 | - | - | - | - | |
| Social balance sheet | ||||||||||||||||||
9087 |
1 | 1.1 | - | - | - | - | 0.3 | 0.4 | 0.3 | 0.3 | 0.3 | 0.3 | - | - | - | - | - | |
Hours worked1013 |
1,756 | 1,891 | - | - | - | - | 273 | 483 | 483 | 654 | 624 | 527 | - | - | - | - | - | |
| Document | ||||||||||||||||||
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.
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 | |
| 31-12-2024 | abbreviated format | 29-08-2025 | 2025-00469755 | |
| 31-12-2023 | abbreviated format | 30-07-2024 | 2024-00308961 | |
| 31-12-2022 | abbreviated format | 30-06-2023 | 2023-00178919 | |
| 31-12-2021 | abbreviated format | 30-09-2022 | 2022-20447732 | |
| 31-12-2020 | abbreviated format | 31-08-2021 | 2021-61000152 | |
| 31-12-2019 | abbreviated format | 29-06-2020 | 2020-21900586 | |
| 31-12-2018 | abbreviated format | 29-08-2019 | 2019-56800434 | |
| 31-12-2017 | abbreviated format | 13-07-2018 | 2018-33100439 | |
| 31-12-2016 | micro format | 20-07-2017 | 2017-34300119 | |
| 31-12-2015 | abbreviated format | 04-07-2016 | 2016-27300597 | |
| 31-12-2014 | abbreviated format | 06-08-2015 | 2015-40200554 | |
| 31-12-2013 | abbreviated format | 11-07-2014 | 2014-30100564 | |
| 31-12-2012 | abbreviated format | 19-07-2013 | 2013-33200052 | |
| 31-12-2011 | abbreviated format | 13-07-2012 | 2012-31900020 | |
| 31-12-2010 | abbreviated format | 08-06-2011 | 2011-16000088 | |
| 31-12-2009 | abbreviated format | 06-07-2010 | 2010-28300379 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 744,318 | 704,001 | 845,454 | 799,880 | 668,180 | 738,232 | 685,237 | 673,146 | 552,338 | 439,489 | 522,242 | 205,884 | 268,448 | 143,831 | 140,786 | 84,477 | 69,941 | ||
| 556,295 | 546,025 | 820,356 | 579,332 | 494,967 | 731,045 | 508,470 | 475,489 | 358,302 | 282,620 | 330,785 | 152,380 | 192,576 | 106,294 | 108,494 | 59,345 | 53,899 | ||
| 13,098 | 211,590 | 646,212 | 556,326 | 420,863 | 170,191 | 975,108 | 15,728 | 87,547 | 68,081 | 121,293 | 130,785 | 125,263 | 138,115 | 418,605 | 8,445 | 47,385 | ||
| 489,000 | -51,236 | -20,235 | -555,746 | -247,510 | 562,214 | 116,183 | 94,549 | 244,628 | 109,522 | -113,841 | 2,604 | 63,281 | 30,532 | -23,830 | 59,276 | - | ||
| 464,467 | 644,114 | 403,825 | 662,740 | 995,023 | 1.4m | 1.1m | 1.0m | 644,034 | 401,933 | 173,865 | 12,336 | -22,538 | -25,785 | 37,618 | 85,579 | 55,914 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 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% | ||
| 1.44 | 2.55 | 1.51 | 2.25 | 2.55 | 3.41 | 7.55 | 7.62 | 3.25 | 2.35 | 1.38 | 1.05 | 0.94 | 0.90 | 1.23 | 1.73 | 1.58 | ||
| 1.44 | 2.55 | 1.51 | 2.25 | 2.55 | 3.37 | 7.44 | 7.62 | 3.25 | 2.35 | 1.38 | 1.05 | 0.94 | 0.90 | 1.23 | 1.73 | 1.58 | ||
| 0.53 | 0.29 | 0.51 | 0.46 | 0.60 | 0.63 | 0.52 | 0.19 | 0.43 | 0.63 | 1.04 | 1.36 | 1.93 | 2.61 | 3.54 | 1.61 | 3.47 | ||
| 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% | ||
| 34.00 | 60.16 | 67.78 | 71.33 | 50.47 | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 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.
| Item | 31-12-2025 | 31-12-2024 |
|---|---|---|
| Employees at the balance-sheet date | 1 | 1 |
| full-time | 1 | 1 |
| in full-time equivalents | 1 | 1 |
| 1 | 1.1 | |
| On a permanent contract | 1 | 1 |
| Joined | - | 2 |
| Left | - | 2 |
Source: social balance sheet in the 2024 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| 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)
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.
Source: list of holdings in its own 2025 accounts. Every holding stands with its own latest accounts.
| VARKENSGEZONDHEID VDP
registered office since 23-12-2014 · founded in 2014 |
0.9 FTE (2025) 0507.685.726 |
| Emilie Vandepitte
registered office since 29-10-2026 |
founded in 2026 1044.641.993 |
| Vandepitte, Emilie (sole trader)
establishment since 01-11-2023 |
founded in 2023 1000.863.816 |
The network starts from the directors of VECE. Every other company they run is a node.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Joos de ter Beerstlaan 25 registered office 8740 Pittem | 29-09-2008 | 2.301.804.654 |
| Ratelingestraat 18 8750 Wingene | 29-09-2008 | 2.301.804.753 |
| 19-06-2023 | Granted | Functiewijziging zonder verbouwingswerken submitted 02-03-2023 · project 2022142576 | Wingene |
| 03-08-2020 | Granted | Bouwen of herbouwen; Functiewijziging; Nieuwbouw van bijgebouwen en niet overdekte lage constructie; Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen; Verwijderen van vrijstaande gebouwen submitted 20-03-2020 · project 2020032148 | Wingene |
Source: Omgevingsloket Vlaanderen.
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 37018F0734/00G000 | 4,951 m² | 1 · 180 m² | 9.1 m · 2 |
| 37011A1275/00X000 | 1,809 m² | 1 · 146 m² | 10.9 m · 3 |
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