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VETRINELE

Active
Private limited companyfounded 20214 yrs activeOostendesteenweg(FICH) 225, 8480 Ichtegem, BelgiumKBO/BCE: BE 0777.753.522
Summary

The annual accounts of VETRINELE for fiscal year 2025 show a net loss of 51% of the equity at the start of that year. The 2025 annual accounts show equity of €4k and a net result of €-5k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 1272 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
59 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability58▼-11
Solvency33▼-4
Growth78=
Track record94
Bankruptcy probability, 12 months
0.2% Very low
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 0.44 against 0.48 in 2024; short-term debt: 91.1% and cash: 29.6% of total assets), and 91.6% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five 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
highest failure risk from 2 to 8 years 4 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
8.4%
Return on assets
-8.9%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 1272 sector peers (2025).
NBB · sector comparison
Position among 1272 sector peers
Solvency
better than 10%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 11-12-2025, 51 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
51 d early
2024
64 d early
2023
41 d early
2022
41 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close24-09-2026 today31-01-2027 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, micro schema

Equity
€4k▼ 51.5%
2024 · €9k
2022: €-1k 2023: €9k 2024: €9k
2022 → 2025
Total assets
€51k▼ 28.6%
2024 · €71k
2022: €14k 2023: €41k 2024: €71k
2022 → 2025
Net result
€-5k
2024 · €218
2022: €-11k 2023: €10k 2024: €218
2022 → 2025
Working capital
€-26k▲ 20.0%
2024 · €-33k
2022: €-4k 2023: €5k 2024: €-33k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2022202320242025Trend
Equity€-1k-€9k€9k▲ 2.5%€4k▼ 51.5%
Operating result€-11k-€11k€2k▼ 83.2%€-3k
Net result€-11k-€10k€218▼ 97.8%€-5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€-10k€0€10kOperating result 2022: €-11k€-11kNet result 2022: €-11k€-11kOperating result 2023: €11k€11kNet result 2023: €10k€10kOperating result 2024: €2k€2kNet result 2024: €218€218Operating result 2025: €-3k€-3kNet result 2025: €-5k€-5k2022202320242025€-5k€0€5k€10kOperating result 2023: €11k€11kNet result 2023: €10k€9.7kOperating result 2024: €2k€1.8kNet result 2024: €218€218Operating result 2025: €-3k€-3.4kNet result 2025: €-5k€-4.5k202320242025
The operating result turns negative in 2025: a loss of €3k after €2k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €51k
Fixed assets €31k ▼ 26.2%
Current assets €20k ▼ 31.9%
Equity and liabilities €51k
Equity €4k ▼ 51.5%
Debt €47k ▼ 25.3%
Debt's share of the balance-sheet total rises from 87.6% to 91.6%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€7k
2024 · €11k
Cash flow
€6k
2024 · €9k
Current ratio
0.44
2024 · 0.48
Debt to equity
10.86
2024 · 7.05
ROE
-106.0%
2024 · 2.5%
ROA
-8.9%
2024 · 0.3%
Interest coverage
19.36
2024 · 97.07
Debt ≤ 1 year
€46k
2024 · €62k
Income taxes
€784
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€71k€51k
Fixed assets21/28€41k€31k
Tangible fixed assets22/27€41k€31k
Furniture and vehicles24€41k€31k
Current assets29/58€30k€20k
Amounts receivable within one year40/41€7k€0
Trade receivables40€7k€0
Other amounts receivable41€35€0
Cash at bank and in hand54/58€8k€15k
Deferred charges and accrued income490/1€15k€5k
Equity and liabilities
Total equity and liabilities10/49€71k€51k
Equity10/15€9k€4k
Contributions10/11€10k€10k=
Profit (loss) carried forward14€-1k€-6k
Amounts payable17/49€62k€47k
Amounts payable within one year42/48€62k€46k
Trade debts44€74€166
Suppliers440/4€74€166
Taxes, remuneration and social security45€3k€6k
Taxes450/3€3k€6k
Remuneration and social security454/9€0-
Other amounts payable47/48€59k€40k
Accrued charges and deferred income492/3€0€242
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€11k
Other operating charges640/8€2k€1k
Non-recurring operating charges66A€176€0
Gross operating margin9900€13k€9k
Operating profit (loss)9901€2k€-3k
Financial income75/76B€0€0
Recurring financial income75€0€0
Financial charges65/66B€114€386
Recurring financial charges65€114€386
Profit (loss) for the period before taxes9903€2k€-4k
Income taxes67/77€2k€784
Profit (loss) for the period9904€218€-5k
Profit (loss) for the period to be appropriated9905€218€-5k
Appropriation of the result
Profit (loss) to be appropriated9906€-1k€-6k
Profit (loss) brought forward from the previous period14P€-1k€-1k

The notes to these accounts (4 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

Next filing, fiscal year 2026, expected by 31-01-2027
2025
11-12
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2024
28-11
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2023
21-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial Back to profitnet €10k
Net result €10k after one loss-making year.
2022
21-12
NBB filing Annual accounts filed
fiscal year 2022 · 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, Ichtegem · 1 establishment unit since 2021
establishment approximate 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.

Oostendesteenweg(FICH) 2258480 Ichtegem
Ground area
9,545 m²
Building footprint
415 m²
Volume, LiDAR
504 m³
2 parcels, Flanders · tallest building 3.3 m. Linked by address, not a title deed.
1 establishment unit
VETRINELE
Oostendesteenweg(FICH) 315, 8480 IchtegemActivities of head offices
since 20212.324.713.282
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35003C0583/00A000indicative Flanders 8,320 m² - -
35003B0734/00C000 Flanders 1,225 m² 1 · 415 m² 3.3 m
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels 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

2022 to 2024 · 3 entries · 9,390 EUR awarded · 9,390 EUR paid
Year Entries awardedpaid
2024 1 1,284 EUR1,284 EUR
2023 1 3,852 EUR3,852 EUR
2022 1 4,254 EUR4,254 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
3 entries · 9,390 EUR · 9,390 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 6,078 companies in sector 75000 we hold annual accounts for 1,950. 514 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded26-11-2021
Fiscal year end30-06
Activities, NACEBEL 2025
75000Veterinary services
70200Business and other management consultancy
82990Other business support services
96993Pet care services, excluding veterinary services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.