VET STEPH
ActiveSummary
VET STEPH has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €72,244 and a net result of €39,014. Equity is growing by ~6.5% per year across the filed fiscal years. Its solvency ranks better than 31% of 1287 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability91▲+27
Solvency58▲+19
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity short (current ratio 0.95 against 0.67 in 2024; short-term debt: 54.3% and cash: 0.6% of total assets), and 66.9% of the assets are financed with debt.
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Signals
Five 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
33.1%
Return on assets
17.9%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 5 filingsDeviation from the deadline
2025
28 d late
2024
3 d early
2023
27 d early
2022
26 d early
2021
47 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 15 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 35% of the sector filed late.
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. Usually files around 5 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€306,211
EBIT margin
3.4%
Net result
€39,014
2024 · -€9,805
Working capital
-€5,412▲ 88.8%
2024 · -€48,487
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 75, Veterinary activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€306,211
Operating result€47,746--€3,419€10,483-€8,440€52,322
Net result€38,246within the sector's middle half--€6,042below the sector's middle half€5,832below the sector's middle half-€9,805below the sector's middle half€39,014within the sector's middle half
EBIT margin3.4%
Equity€43,246within the sector's middle half-€37,203within the sector's middle half▼ 14.0%€43,035within the sector's middle half▲ 15.7%€33,230below the sector's middle half▼ 22.8%€72,244within the sector's middle half▲ 117%
Total assets€346,342within the sector's middle half-€301,190within the sector's middle half▼ 13.0%€276,676within the sector's middle half▼ 8.1%€244,506within the sector's middle half▼ 11.6%€218,564within the sector's middle half▼ 10.6%
Debt€303,096-€263,986▼ 12.9%€233,641▼ 11.5%€211,276▼ 9.6%€146,320▼ 30.7%
Working capital-€59,722below the sector's middle half--€58,243below the sector's middle half▲ 2.5%-€39,539below the sector's middle half▲ 32.1%-€48,487below the sector's middle half▼ 22.6%-€5,412below the sector's middle half▲ 88.8%
Solvency12.5%below the sector's middle half-12.4%below the sector's middle half▼ 0.1pp15.6%below the sector's middle half▲ 3.2pp13.6%below the sector's middle half▼ 2.0pp33.1%within the sector's middle half▲ 19.5pp
Current ratio0.55below the sector's middle half-0.54below the sector's middle half=0.70below the sector's middle half▲ 0.160.67below the sector's middle half▼ 0.030.95below the sector's middle half▲ 0.28
Return on assets (ROA)11.0%within the sector's middle half--2.0%below the sector's middle half▼ 13.0pp2.1%below the sector's middle half▲ 4.1pp-4.0%below the sector's middle half▼ 6.1pp17.9%within the sector's middle half▲ 21.9pp
above
within
below
the middle half (P25 to P75) of NACE 75, Veterinary activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €52,322 after a loss of €8,440 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €218,564
Fixed assets
€105,397 ▼ 27.9%
Current assets
€113,167 ▲ 15.0%
Equity and liabilities €218,564
Equity
€72,244 ▲ 117%
Debt
€146,320 ▼ 30.7%
Debt's share of the balance-sheet total falls from 86.4% to 66.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€93,006▲
2024 · €33,630
Cash flow
€79,699▲
2024 · €32,265
Quick ratio
0.95▲
2024 · 0.66
Debt to equity
2.03▼
2024 · 6.36
ROE
54.0%▲
2024 · -29.5%
Interest coverage
72.20▲
2024 · 20.87
Debt ≤ 1 year
€118,579▼
2024 · €146,911
Debt > 1 year
€27,741▼
2024 · €64,365
Income taxes
€12,025▲
2024 · -€223
Staff costs
€106▼
2024 · €471
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.7% |
| 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 75% 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 26,970 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | €306,211 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €245,546 | - | - | - |
| Remuneration, social security and pensions62 | €568 | €507 | €142 | €471 | €106 | ▼ 77.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €55,721 | €44,283 | €41,728 | €42,070 | €40,685 | ▼ 3.3% |
| Other operating charges640/8 | €1,943 | €865 | €3,566 | €1,370 | €1,409 | ▲ 2.8% |
| Non-recurring operating charges66A | - | - | €6,950 | - | €12,789 | - |
| Gross operating margin9900 | €105,977 | €42,236 | €62,869 | €35,471 | €107,310 | ▲ 203% |
| Operating profit (loss)9901 | €47,746 | -€3,419 | €10,483 | -€8,440 | €52,322 | ▲ 720% |
| Financial income75/76B | €167 | €10 | €46 | €24 | €5 | ▼ 79.2% |
| Recurring financial income75 | €167 | €10 | €46 | €24 | €5 | ▼ 79.2% |
| Financial charges65/66B | €3,600 | €2,345 | €2,047 | €1,612 | €1,288 | ▼ 20.1% |
| Recurring financial charges65 | €3,600 | €2,345 | €2,047 | €1,612 | €1,288 | ▼ 20.1% |
| Profit (loss) for the period before taxes9903 | €44,312 | -€5,753 | €8,482 | -€10,028 | €51,038 | ▲ 609% |
| Income taxes67/77 | €6,067 | €289 | €2,650 | -€223 | €12,025 | ▲ 5,484% |
| Profit (loss) for the period9904 | €38,246 | -€6,042 | €5,832 | -€9,805 | €39,014 | ▲ 498% |
| Profit (loss) for the period to be appropriated9905 | €38,246 | -€6,042 | €5,832 | -€9,805 | €39,014 | ▲ 498% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €346,342 | €301,190 | €276,676 | €244,506 | €218,564 | ▼ 10.6% |
| Fixed assets21/28 | €274,756 | €231,830 | €183,152 | €146,082 | €105,397 | ▼ 27.9% |
| Intangible fixed assets21 | €178,500 | €157,500 | €136,500 | €115,500 | €94,500 | ▼ 18.2% |
| Tangible fixed assets22/27 | €96,256 | €74,330 | €46,652 | €30,582 | €10,897 | ▼ 64.4% |
| Plant, machinery and equipment23 | €67,108 | €53,397 | €38,103 | €22,809 | €7,643 | ▼ 66.5% |
| Furniture and vehicles24 | €29,147 | €20,933 | €8,549 | €7,773 | €3,255 | ▼ 58.1% |
| Current assets29/58 | €71,586 | €69,360 | €93,524 | €98,424 | €113,167 | ▲ 15.0% |
| Stocks and contracts in progress3 | - | - | - | €2,101 | €552 | ▼ 73.7% |
| Stocks30/36 | - | - | - | €2,101 | €552 | ▼ 73.7% |
| Amounts receivable within one year40/41 | €57,865 | €68,064 | €86,439 | €93,785 | €111,198 | ▲ 18.6% |
| Trade receivables40 | €56,500 | €60,588 | €77,378 | €88,971 | €111,078 | ▲ 24.8% |
| Other amounts receivable41 | €1,365 | €7,476 | €9,061 | €4,813 | €119 | ▼ 97.5% |
| Cash at bank and in hand54/58 | €12,983 | €434 | €7,084 | €2,539 | €1,418 | ▼ 44.2% |
| Deferred charges and accrued income490/1 | €739 | €862 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €346,342 | €301,190 | €276,676 | €244,506 | €218,564 | ▼ 10.6% |
| Equity10/15 | €43,246 | €37,203 | €43,035 | €33,230 | €72,244 | ▲ 117% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €38,246 | €32,203 | €38,035 | €28,230 | €67,244 | ▲ 138% |
| Amounts payable17/49 | €303,096 | €263,986 | €233,641 | €211,276 | €146,320 | ▼ 30.7% |
| Amounts payable after more than one year17 | €171,788 | €136,384 | €100,578 | €64,365 | €27,741 | ▼ 56.9% |
| Financial debts170/4 | €171,788 | €136,384 | €100,578 | €64,365 | €27,741 | ▼ 56.9% |
| Amounts payable within one year42/48 | €131,308 | €127,602 | €133,063 | €146,911 | €118,579 | ▼ 19.3% |
| Current portion of amounts payable after more than one year42 | €35,006 | €37,421 | €37,842 | €36,190 | €42,624 | ▲ 17.8% |
| Trade debts44 | €10,861 | €21,216 | €13,385 | €27,368 | €25,391 | ▼ 7.2% |
| Suppliers440/4 | €10,861 | €21,216 | €13,385 | €27,368 | €25,391 | ▼ 7.2% |
| Taxes, remuneration and social security45 | €9,043 | €6,290 | €3,506 | €140 | €7,512 | ▲ 5,284% |
| Taxes450/3 | €6,164 | €6,290 | €609 | €140 | €7,512 | ▲ 5,284% |
| Remuneration and social security454/9 | €2,879 | - | €2,897 | - | - | - |
| Other amounts payable47/48 | €76,397 | €62,675 | €78,329 | €83,214 | €43,052 | ▼ 48.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €38,246 | -€6,042 | €5,832 | -€9,805 | €39,014 | ▲ 498% |
| + Depreciation and write-downs630 | €55,721 | €44,283 | €41,728 | €42,070 | €40,685 | ▼ 3.3% |
| Operating cash flow (approximation) | €93,967 | €38,240 | €47,560 | €32,265 | €79,699 | ▲ 147% |
| Investment in fixed assets (approximation) | - | -€1,357 | €6,950 | -€5,000 | €0 | ▲ 100% |
| Change in cash | - | -€12,549 | €6,651 | -€4,546 | -€1,121 | ▲ 75.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Back to profitnet €39,014
Net result €39,014 after one loss-making year.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€9,805
Net result drops to -€9,805, the lowest in the series; recovery starts the following year.
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €5,832
Net result €5,832 after one loss-making year.
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Pont-à-Celles · 1 establishment unit since 2020
Ground area
1,054 m²
Building footprint
93 m²
Parcel 52065A0110/00G000, Wallonia. Linked by address, not a title deed.
1 establishment unit
VET STEPH
since 20202.306.446.303
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52065A0110/00G000 | Wallonia | 1,054 m² | 1 · 93 m² | - |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 sitePont-à-Celles2.306.446.303
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Of 6,089 companies in sector 75000 we hold annual accounts for 1,951. 1,705 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
Founded21-08-2020
Fiscal year end31-12
Activities, NACEBEL 2025
75000Veterinary services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0752803142
Also
9925:BE0752803142
Registered
04-02-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.