VETOXYGENE
ActiveThe computed 12-month bankruptcy probability of VETOXYGENE is 1.6% (moderate). The annual accounts of VETOXYGENE for fiscal year 2025 show a net loss of 73% of the equity at the start of that year. The 2025 annual accounts show equity of €11k and a net result of €-31k. Equity is shrinking by ~25.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 26% of 782 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
43
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency41▼-41
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.94 against 2.75 in 2024; short-term debt: 57.8% and cash: 31.5% of total assets), and 84% 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 risk○neutral
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
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 2025Solvency, return and age of the figures
Solvency
16%
Return on assets
-43%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 78
Relative position
BE, all sectors
reference
Sector 78
lower
← fewer bankruptcies
more bankruptcies →
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 09-06-2026, 52 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
52 d early
2024
34 d early
2023
37 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 monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€11k▼ 72.8%
2024 · €42k
2023: €24k
2024: €42k
2023 → 2025
Total assets
€71k▼ 3.2%
2024 · €74k
2023: €63k
2024: €74k
2023 → 2025
Net result
€-31k
2024 · €18k
2023: €19k
2024: €18k
2023 → 2025
Working capital
€-3k
2024 · €42k
2023: €31k
2024: €42k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€24k-€42k▲ 77.8%€11k▼ 72.8%
Operating result€24k-€24k▼ 2.7%€-29k
Net result€19k-€18k▼ 1.4%€-31k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €29k after €24k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €71k
Fixed assets
€33k▲ 352%
Current assets
€39k▼ 41.9%
Equity and liabilities €71k
Equity
€11k▼ 72.8%
Debt
€60k▲ 89.5%
The debt ratio rises from 42.9% to 84.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-19k▼
2024 · €30k
Cash flow
€-20k▼
2024 · €24k
Solvency
16.0%▼
2024 · 57.1%
Current ratio
0.94▼
2024 · 2.75
Quick ratio
0.94▼
2024 · 2.75
Debt / equity
5.24▲
2024 · 0.75
ROE
-268.3%▼
2024 · 43.8%
ROA
-43.0%▼
2024 · 25.0%
Interest coverage
-16.24▼
2024 · 41.02
Debt
€60k▲
2024 · €32k
Debt ≤ 1 year
€41k▲
2024 · €24k
Debt > 1 year
€19k▲
2024 · €7k
Income taxes
€67▼
2024 · €5k
Staff costs
€36k
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€74k€71k▼
Fixed assets21/28€7k€33k▲
Intangible fixed assets21€7k€897▼
Tangible fixed assets22/27€674€31k▲
Furniture and vehicles24€674€31k▲
Financial fixed assets28-€460
Current assets29/58€66k€39k▼
Amounts receivable within one year40/41€13k€16k▲
Trade receivables40€12k€8k▼
Other amounts receivable41€781€8k▲
Cash at bank and in hand54/58€53k€22k▼
Deferred charges and accrued income490/1-€122
Equity and liabilities
Total equity and liabilities10/49€74k€71k▼
Equity10/15€42k€11k▼
Contributions10/11€5k€5k=
Reserves13€37k€6k▼
Distributable reserves133€37k€6k▼
Profit (loss) carried forward14€89€28▼
Amounts payable17/49€32k€60k▲
Amounts payable after more than one year17€7k€19k▲
Financial debts170/4€7k€19k▲
Amounts payable within one year42/48€24k€41k▲
Current portion of amounts payable after more than one year42€4k€14k▲
Trade debts44€15k€27k▲
Suppliers440/4€15k€27k▲
Taxes, remuneration and social security45€5k€67▼
Taxes450/3€5k€67▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Remuneration, social security and pensions62-€36k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€10k▲
Other operating charges640/8€0€1k▲
Gross operating margin9900€30k€19k▼
Operating profit (loss)9901€24k€-29k▼
Financial income75/76B€6€3▼
Recurring financial income75€6€3▼
Financial charges65/66B€727€1k▲
Recurring financial charges65€727€1k▲
Profit (loss) for the period before taxes9903€23k€-31k▼
Income taxes67/77€5k€67▼
Profit (loss) for the period9904€18k€-31k▼
Profit (loss) for the period to be appropriated9905€18k€-31k▼
Appropriation of the result
Profit (loss) to be appropriated9906€19k€-31k▼
Profit (loss) brought forward from the previous period14P€173€89▼
Transfer from equity791/2-€31k
Transfer to equity691/2€19k€0▼
To other reserves6921€19k€0▼
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-31k ▼266%
Net result drops to €-31k, the lowest in the series.
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Havelange · 1 establishment unit since 2022
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.
Rue du Bois de Boffeu(ME) 35372 HavelangeGround area
3,428 m²
Parcel 91087A0557/00B002, Wallonia. Linked by address, not a title deed.
1 establishment unit
VETOXYGENE
since 20222.335.207.395
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91087A0557/00B002 | Wallonia | 3,428 m² | - | - |
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.
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Of 1,014 companies in sector 78200 we hold annual accounts for 645. 275 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-09-2022
Fiscal year end31-12
Activities, NACEBEL
78200Temporary employment agencies and other provision of personnel
78300Employment activities
82990Other business support services
70200Business and other management consultancy
70220Business consulting
82300Organisation of conventions and trade shows
85592Vocational training
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.vetoxygene.com
E-mail:info@vetoxygene.com