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VETARIS

Active
Private limited companyfounded 20187 yrs activeGalven 58, 2440 Geel, BelgiumKBO/BCE: BE 0713.595.544

VETARIS has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12k and a net result of €-770. Equity is growing by ~25.1% per year across the filed fiscal years. Its solvency ranks better than 12% of 243 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
20 / 100
Critical▼ -56 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency3▼-73
Growth32▼-46
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.11 against 0.9 in 2024), and 95.8% 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 →
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 7 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 2025
Solvency, return and age of the figures
Solvency
4.2%
Return on assets
-0.3%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 243 sector peers (2025).
NBB · sector comparison
Position among 243 sector peers
Solvency
better than 12%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-05-2026, 79 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
79 d early
2024
43 d early
2023
50 d early
2022
28 d late
2021
15 d late
2020
24 d late
2019
57 d early
← before the deadline after the deadline →
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.
Companies Code · seven months
Position in the running window
15-09-2026 today31-12-2026 close31-07-2027 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 2025, abbreviated schema

Equity
€12k▼ 95.1%
2024 · €254k
2019: €56k 2020: €92k 2021: €145k 2022: €182k 2023: €201k 2024: €254k
2019 → 2025
Total assets
€293k▼ 19.1%
2024 · €362k
2019: €232k 2020: €259k 2021: €317k 2022: €350k 2023: €335k 2024: €362k
2019 → 2025
Net result
€-770
2024 · €88k
2019: €44k 2020: €36k 2021: €53k 2022: €37k 2023: €20k 2024: €88k
2019 → 2025
Working capital
€-245k▼ 2,845%
2024 · €-8k
2019: €-52k 2020: €-52k 2021: €-740 2022: €-5k 2023: €-35k 2024: €-8k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€145k-€182k▲ 25.5%€201k▲ 11.0%€254k▲ 25.9%€12k▼ 95.1%
Operating result€72k-€53k▼ 26.5%€30k▼ 42.5%€42k▲ 37.5%€3k▼ 92.9%
Net result€53k-€37k▼ 30.2%€20k▼ 45.9%€88k▲ 342%€-770
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-25k€0€25k€50k€75k€100kOperating result 2021: €72k€72kNet result 2021: €53k€53kOperating result 2022: €53k€53kNet result 2022: €37k€37kOperating result 2023: €30k€30kNet result 2023: €20k€20kOperating result 2024: €42k€42kNet result 2024: €88k€88kOperating result 2025: €3k€3kNet result 2025: €-770€-77020212022202320242025
The operating result falls in 2025; 2025 is 93% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €293k
Fixed assets €264k▼ 7.5%
Current assets €29k▼ 62.4%
Equity and liabilities €293k
Equity €12k▼ 95.1%
Debt €281k▲ 158%
The debt ratio rises from 30.0% to 95.8%: debt grows while equity shrinks.
Key figures and ratios
2025 value · change against 2024
EBITDA
€24k
2024 · €63k
Cash flow
€21k
2024 · €110k
Solvency
4.2%
2024 · 70.0%
Current ratio
0.11
2024 · 0.90
Quick ratio
0.11
2024 · 0.90
Debt / equity
22.64
2024 · 0.43
ROE
-6.2%
2024 · 34.7%
ROA
-0.3%
2024 · 24.3%
Interest coverage
10.02
2024 · 58.00
Debt
€281k
2024 · €109k
Debt ≤ 1 year
€274k
2024 · €85k
Debt > 1 year
€7k
2024 · €24k
Income taxes
€1k
2024 · €3k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€362k€293k
Fixed assets21/28€286k€264k
Tangible fixed assets22/27€111k€89k
Land and buildings22€82k€74k
Plant, machinery and equipment23€1k€840
Furniture and vehicles24€4k€2k
Leasing and similar rights25€24k€12k
Financial fixed assets28€175k€175k=
Current assets29/58€76k€29k
Amounts receivable within one year40/41€28k€22k
Trade receivables40€22k€22k=
Other amounts receivable41€6k€0
Cash at bank and in hand54/58€49k€7k
Equity and liabilities
Total equity and liabilities10/49€362k€293k
Equity10/15€254k€12k
Contributions10/11€12k€12k=
Reserves13€241k€0
Non-distributable reserves130/1€2k€0
Reserves not available under the articles1311€2k€0
Distributable reserves133€239k€0
Profit (loss) carried forward14-€0
Amounts payable17/49€109k€281k
Amounts payable after more than one year17€24k€7k
Financial debts170/4€24k€7k
Amounts payable within one year42/48€85k€274k
Current portion of amounts payable after more than one year42€31k€17k
Trade debts44€3k€2k
Suppliers440/4€3k€2k
Taxes, remuneration and social security45€14k€42k
Taxes450/3€14k€42k
Other amounts payable47/48€36k€212k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€21k=
Other operating charges640/8€2k€2k
Gross operating margin9900€65k€26k
Operating profit (loss)9901€42k€3k
Financial income75/76B€50k€0
Recurring financial income75€50k€0
Financial charges65/66B€1k€2k
Recurring financial charges65€1k€2k
Profit (loss) for the period before taxes9903€91k€544
Income taxes67/77€3k€1k
Profit (loss) for the period9904€88k€-770
Profit (loss) for the period to be appropriated9905€88k€-770
Appropriation of the result
Profit (loss) to be appropriated9906€88k€-770
Transfer from equity791/2-€241k
Transfer to equity691/2€52k€0
To other reserves6921€52k€0
Profit to be distributed694/7€36k€240k
Return on contributions (dividend)694-€240k
Directors or managers695€36k€0
Social balance
Average headcount (FTE)9087-0.0

The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
17-08
State Gazette act Restructuring
General meeting · Merger · Accounting effect6 facts ▸
  • General meeting, 10/07/2026
  • Merger, geruisloze fusie, grensoverschrijdende fusie door overname
  • Accounting effect, 01/01/2026
  • Dissolution, 2026-07-10
  • Power of attorney, SBB GECERTIFICEERDE ACCOUNTANTS EN ADVISEURS
  • Power of attorney, SBB BEDRIJFSDIENSTEN
13-05
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Weakest financial yearnet €-770 ▼101%
Net result drops to €-770, the lowest in the series.
18-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2019net €88k ▲342%
Net result €88k, the highest in the series.
11-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Equity above €200kEq €201k ▲11%
5 profitable years in a row build equity to €201k.
28-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial Equity above €150kEq €182k ▲25.5%
4 profitable years in a row build equity to €182k.
15-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 15 days late
2021
31-12
Financial Equity above €100kEq €145k ▲57.6%
3 profitable years in a row build equity to €145k.
24-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
04-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
no sitting director, no change since 2019
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-07-2019 Resigned as Manager
Location & real-estate footprint
Registered office, Geel · 1 establishment unit since 2018
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.

Galven 582440 Geel
Ground area
2,207 m²
Building footprint
176 m²
Volume, LiDAR
2 m³
Parcel 13008H0110/00H000, Flanders · tallest building 0.4 m. Linked by address, not a title deed.
1 establishment unit
VETARIS
Galven 58, 2440 GeelVeterinary services
since 20182.281.908.766
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13008H0110/00H000 Flanders 2,207 m² 1 · 176 m² 0.4 m
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.

Structure & network

Acquisitions and mergers

1 transaction
Took over:J. DAMS HOLDING BV
merger by absorption · State Gazette act of 17-08-2026

Similar companies · same sector, comparable size

Of 6,069 companies in sector 75000 we hold annual accounts for 1,943. 1,035 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded15-11-2018
Fiscal year end31-12
Activities, NACEBEL
75000Veterinary services
Sources
Crossroads Bank for EnterprisesNational Bank · 7 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.