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VET UP

Active
Limited partnershipfounded 20206 yrs activeHazegoedweg 3, 8800 Roeselare, BelgiumKBO/BCE: BE 0749.732.497

VET UP has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2023 annual accounts show equity of €113k and a net result of €68k. Equity is growing by ~106.4% per year across the filed fiscal years. Its solvency ranks better than 83% of 1301 sector peers (fiscal year 2023). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2023
100 / 100
Excellent= vs 2022
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2022
Profitability100=
Solvency100▲+11
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days only on tighter terms
Liquidity ample (current ratio 4.49 against 1.69 in 2022), and 20% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023
Solvency, return and age of the figures
Solvency
80%
Return on assets
48.1%
Age of the figures
39 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-06-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filings
Position against the passed deadline
30-06-2024 close31-01-2025 deadline14-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2023 was due by 31-01-2024 and was filed on 19-12-2023, 43 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
43 d early
2022
19 d early
2021
9 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2023, micro schema

Equity
€113k▲ 151%
2022 · €45k
2021: €17k 2022: €45k
2021 → 2023
Total assets
€142k▲ 62.1%
2022 · €87k
2021: €37k 2022: €87k
2021 → 2023
Net result
€68k▲ 144%
2022 · €28k
2021: €7k 2022: €28k
2021 → 2023
Working capital
€99k▲ 241%
2022 · €29k
2021: €5k 2022: €29k
2021 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line202120222023Trend
Equity€17k-€45k▲ 162%€113k▲ 151%
Operating result€10k-€40k▲ 277%€92k▲ 134%
Net result€7k-€28k▲ 288%€68k▲ 144%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25k€50k€75k€100kOperating result 2021: €10k€10kNet result 2021: €7k€7kOperating result 2022: €40k€40kNet result 2022: €28k€28kOperating result 2023: €92k€92kNet result 2023: €68k€68k202120222023
The operating result has risen two years in a row; 2023 is 134% above 2022 and is the highest year so far.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €142k
Fixed assets €14k▼ 12.3%
Current assets €128k▲ 78.8%
Equity and liabilities €142k
Equity €113k▲ 151%
Debt €28k▼ 32.8%
The debt ratio falls from 48.4% to 20.0%: equity grows while debt is paid down.
Key figures and ratios
2023 value · change against 2022
EBITDA
€94k
2022 · €41k
Cash flow
€69k
2022 · €30k
Solvency
80.0%
2022 · 51.6%
Current ratio
4.49
2022 · 1.69
Quick ratio
4.49
2022 · 1.69
Debt / equity
0.25
2022 · 0.94
ROE
60.2%
2022 · 61.9%
ROA
48.1%
2022 · 32.0%
Interest coverage
537.67
2022 · 78.46
Debt
€28k
2022 · €42k
Debt ≤ 1 year
€28k
2022 · €42k
Income taxes
€24k
2022 · €12k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet Code20222023
Assets
Total assets20/58€87k€142k
Fixed assets21/28€16k€14k
Tangible fixed assets22/27€6k€4k
Plant, machinery and equipment23€1k€3k
Furniture and vehicles24€5k€622
Financial fixed assets28€10k€10k=
Current assets29/58€71k€128k
Amounts receivable after more than one year29€13k€0
Other amounts receivable291€13k€0
Amounts receivable within one year40/41€6k€13k
Trade receivables40€5k€13k
Other amounts receivable41€441€130
Cash at bank and in hand54/58€52k€114k
Deferred charges and accrued income490/1€1k€722
Equity and liabilities
Total equity and liabilities10/49€87k€142k
Equity10/15€45k€113k
Contributions10/11€10k€10k=
Reserves13€35k€103k
Distributable reserves133€35k€103k
Amounts payable17/49€42k€28k
Amounts payable within one year42/48€42k€28k
Trade debts44€2k€2k
Suppliers440/4€2k€2k
Taxes, remuneration and social security45€35k€25k
Taxes450/3€19k€25k
Remuneration and social security454/9€16k€0
Other amounts payable47/48€5k€1k
Income statement Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k
Other operating charges640/8€957€3k
Gross operating margin9900€42k€96k
Operating profit (loss)9901€40k€92k
Financial income75/76B€613€0
Recurring financial income75€613€0
Financial charges65/66B€529€174
Recurring financial charges65€529€174
Profit (loss) for the period before taxes9903€40k€92k
Income taxes67/77€12k€24k
Profit (loss) for the period9904€28k€68k
Profit (loss) for the period to be appropriated9905€28k€68k
Appropriation of the result
Profit (loss) to be appropriated9906€28k€68k
Transfer to equity691/2€28k€68k
To other reserves6921€28k€68k

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2023
19-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial Highest result since 2021net €68k ▲144%
Operating result €92k, net result €68k, both a record.
30-06
Financial Liquidity triplescurrent ratio 4.49
Current ratio from 1.69 to 4.49; short-term debt falls from €42k to €28k.
30-06
Financial Equity above €100kEq €113k ▲151%
3 profitable years in a row build equity to €113k.
12-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
09-02
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 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, Roeselare · 1 establishment unit since 2020
establishment The establishment unit on the map
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.

Hazegoedweg 38800 Roeselare
Ground area
3,209 m²
Building footprint
252 m²
Volume, LiDAR
1,438 m³
Parcel 36503C0869/00N000, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DAP LEVRAU OLIVIER
Hazegoedweg 3, 8800 RoeselareVeterinary services
since 20202.305.540.936
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36503C0869/00N000 Flanders 3,209 m² 1 · 252 m² 9.9 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 885 EUR awarded
Year Entries awardedpaid
2025 1 885 EUR0 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 885 EUR · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 6,068 companies in sector 75000 we hold annual accounts for 1,943. 1,715 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formLimited partnership
Founded02-07-2020
Fiscal year end30-06
Activities, NACEBEL
75000Veterinary services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.