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VetsforPets

Active
Private limited companyfounded 20215 yrs activeAlbert I laan 107, 8620 Nieuwpoort, BelgiumKBO/BCE: BE 0761.460.292
Summary

VetsforPets has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€121,431) and a net result of -€20,659. Equity is shrinking by ~51.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 246 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
44 / 100
Weak
Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability30▲+19
Solvency0=
Growth58▲+26
Track record94
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 1.91 against 1.7 in 2024; short-term debt: 29.2% and cash: 19.8% of total assets), but equity is negative.
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Signals

Six 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
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
-85.7%
Return on assets
-14.6%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2122232425
2021 to 2025 · latest year -€121,431
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 17-07-2026, 14 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
14 d early
2024
38 d early
2023
119 d early
2022
62 d early
2021
54 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 57 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 7 June (4 of the last 5 filed years within 40 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 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

History

VetsforPets was incorporated on 12 January 2021 as a Private limited company.1 Total assets fell from EUR 276,043 in 2021 to EUR 141,721 in 2025 and headcount from 1 to 1.1 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2025

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Financials · fiscal year 2025, abbreviated schema

Source amounts without an identifiable currency are assumed to be EUR.

Equity
-€121,431▼ 20.5%
2024 · -€100,772
Total assets
€141,721▼ 17.6%
2024 · €171,890
Net result
-€20,659▲ 48.7%
2024 · -€40,308
Working capital
€37,775▲ 33.8%
2024 · €28,223
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: 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. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€18,724--€9,061▲ 51.6%-€21,634▼ 139%-€27,402▼ 26.7%-€12,188▲ 55.5%
Net result-€26,024below the sector's middle half--€18,619below the sector's middle half▲ 28.5%-€35,820below the sector's middle half▼ 92.4%-€40,308below the sector's middle half▼ 12.5%-€20,659below the sector's middle half▲ 48.7%
Equity-€6,024below the sector's middle half--€24,643below the sector's middle half▼ 309%-€60,464below the sector's middle half▼ 145%-€100,772below the sector's middle half▼ 66.7%-€121,431below the sector's middle half▼ 20.5%
Total assets€276,043below the sector's middle half-€267,152below the sector's middle half▼ 3.2%€243,125below the sector's middle half▼ 9.0%€171,890below the sector's middle half▼ 29.3%€141,721below the sector's middle half▼ 17.6%
Debt€282,067-€291,795▲ 3.4%€303,589▲ 4.0%€272,662▼ 10.2%€263,152▼ 3.5%
Working capital€23,013within the sector's middle half-€10,557within the sector's middle half▼ 54.1%€34,276within the sector's middle half▲ 225%€28,223within the sector's middle half▼ 17.7%€37,775within the sector's middle half▲ 33.8%
Solvency-2.2%below the sector's middle half--9.2%below the sector's middle half▼ 7.0pp-24.9%below the sector's middle half▼ 15.6pp-58.6%below the sector's middle half▼ 33.8pp-85.7%below the sector's middle half▼ 27.1pp
Current ratio1.51within the sector's middle half-1.18within the sector's middle half▼ 0.331.63within the sector's middle half▲ 0.451.70within the sector's middle half▲ 0.081.91within the sector's middle half▲ 0.21
Return on assets (ROA)-9.4%below the sector's middle half--7.0%below the sector's middle half▲ 2.5pp-14.7%below the sector's middle half▼ 7.8pp-23.5%below the sector's middle half▼ 8.7pp-14.6%below the sector's middle half▲ 8.9pp
Staff (FTE)1within the sector's middle half-1.2within the sector's middle half▲ 20.0%1.1within the sector's middle half▼ 8.3%1within the sector's middle half▼ 9.1%1.1within the sector's middle half▲ 10.0%
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 abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€60,000-€40,000-€20,000€0Operating result 2021: -€18,724-€18,724Net result 2021: -€26,024-€26,024Operating result 2022: -€9,061-€9,061Net result 2022: -€18,619-€18,619Operating result 2023: -€21,634-€21,634Net result 2023: -€35,820-€35,820Operating result 2024: -€27,402-€27,402Net result 2024: -€40,308-€40,308Operating result 2025: -€12,188-€12,188Net result 2025: -€20,659-€20,65920212022202320242025-€60,000-€40,000-€20,000€0Operating result 2023: -€21,634-€21,600Net result 2023: -€35,820-€35,800Operating result 2024: -€27,402-€27,400Net result 2024: -€40,308-€40,300Operating result 2025: -€12,188-€12,200Net result 2025: -€20,659-€20,700202320242025
The operating result stays negative: a loss of €12,188 in 2025 against €27,402 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €141,721
Fixed assets €62,500 ▼ 39.6%
Current assets €79,222 ▲ 15.9%
Key figures and ratios
2025 value · change against 2024
EBITDA
€30,328▲
2024 · €17,763
Cash flow
€21,857▲
2024 · €4,856
Quick ratio
1.13▲
2024 · 0.84
Debt to equity
-2.17▲
2024 · -2.71
Interest coverage
3.58▲
2024 · 1.38
Debt ≤ 1 year
€41,447▲
2024 · €40,151
Debt > 1 year
€213,362▼
2024 · €222,523
Staff costs
€35,724▲
2024 · €31,058
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,010 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 83% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
7.9% went bankrupt
8.4% stopped otherwise
83% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.4% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 6,010 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet Code20242025
Assets
Total assets20/58€171,890€141,721▼
Fixed assets21/28€103,515€62,500▼
Intangible fixed assets21€64,022€43,195▼
Tangible fixed assets22/27€39,494€19,305▼
Plant, machinery and equipment23€31,148€11,772▼
Furniture and vehicles24€2,681€1,248▼
Other tangible fixed assets26€5,666€6,286▲
Current assets29/58€68,375€79,222▲
Stocks and contracts in progress3€34,462€32,200▼
Stocks30/36€34,462€32,200▼
Amounts receivable within one year40/41€4,223€15,449▲
Trade receivables40€4,133€8,915▲
Other amounts receivable41€90€6,534▲
Cash at bank and in hand54/58€25,620€27,999▲
Deferred charges and accrued income490/1€4,070€3,574▼
Equity and liabilities
Total equity and liabilities10/49€171,890€141,721▼
Equity10/15-€100,772-€121,431▼
Contributions10/11€20,000€20,000=
Profit (loss) carried forward14-€120,772-€141,431▼
Amounts payable17/49€272,662€263,152▼
Amounts payable after more than one year17€222,523€213,362▼
Financial debts170/4€222,523€213,362▼
Amounts payable within one year42/48€40,151€41,447▲
Current portion of amounts payable after more than one year42€14,869€9,148▼
Trade debts44€21,761€23,821▲
Suppliers440/4€21,761€23,821▲
Taxes, remuneration and social security45€3,522€8,477▲
Taxes450/3€746€3,558▲
Remuneration and social security454/9€2,776€4,920▲
Accrued charges and deferred income492/3€9,987€8,343▼
Income statement Code20242025
Non-recurring operating income76A€3,536€6,657▲
Remuneration, social security and pensions62€31,058€35,724▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45,165€42,516▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€163
Other operating charges640/8€1,325€1,428▲
Gross operating margin9900€50,145€67,642▲
Operating profit (loss)9901-€27,402-€12,188▲
Financial income75/76B-€10
Recurring financial income75-€10
Financial charges65/66B€12,907€8,480▼
Recurring financial charges65€12,907€8,480▼
Profit (loss) for the period before taxes9903-€40,308-€20,659▲
Profit (loss) for the period9904-€40,308-€20,659▲
Profit (loss) for the period to be appropriated9905-€40,308-€20,659▲
Appropriation of the result
Profit (loss) to be appropriated9906-€120,772-€141,431▼
Profit (loss) brought forward from the previous period14P-€80,464-€120,772▼
Social balance
Average headcount (FTE)90871.01.1▲

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A---€3,536€6,657▲ 88.3%
Remuneration, social security and pensions62€9,024€27,089€30,942€31,058€35,724▲ 15.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33,227€42,467€46,011€45,165€42,516▼ 5.9%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€163-
Other operating charges640/8€2,588€1,020€1,320€1,325€1,428▲ 7.8%
Non-recurring operating charges66A€3,070-€549---
Gross operating margin9900€29,185€61,515€57,188€50,145€67,642▲ 34.9%
Operating profit (loss)9901-€18,724-€9,061-€21,634-€27,402-€12,188▲ 55.5%
Financial income75/76B€0€9€82-€10-
Recurring financial income75€0€9€82-€10-
Financial charges65/66B€7,300€9,567€14,268€12,907€8,480▼ 34.3%
Recurring financial charges65€7,300€9,567€14,268€12,907€8,480▼ 34.3%
Profit (loss) for the period before taxes9903-€26,024-€18,619-€35,820-€40,308-€20,659▲ 48.7%
Profit (loss) for the period9904-€26,024-€18,619-€35,820-€40,308-€20,659▲ 48.7%
Profit (loss) for the period to be appropriated9905-€26,024-€18,619-€35,820-€40,308-€20,659▲ 48.7%
Line20212022202320242025Change
Assets
Total assets20/58€276,043€267,152€243,125€171,890€141,721▼ 17.6%
Fixed assets21/28€207,663€197,731€154,144€103,515€62,500▼ 39.6%
Intangible fixed assets21€126,503€105,676€84,849€64,022€43,195▼ 32.5%
Tangible fixed assets22/27€81,161€92,055€69,296€39,494€19,305▼ 51.1%
Plant, machinery and equipment23€74,396€81,644€58,675€31,148€11,772▼ 62.2%
Furniture and vehicles24€4,042€5,161€4,114€2,681€1,248▼ 53.5%
Other tangible fixed assets26€2,722€5,250€6,506€5,666€6,286▲ 11.0%
Current assets29/58€68,380€69,421€88,981€68,375€79,222▲ 15.9%
Stocks and contracts in progress3€43,528€39,062€46,800€34,462€32,200▼ 6.6%
Stocks30/36€43,528€39,062€46,800€34,462€32,200▼ 6.6%
Amounts receivable within one year40/41€1,554€9,540€11,133€4,223€15,449▲ 266%
Trade receivables40€1,534€6,819€11,125€4,133€8,915▲ 116%
Other amounts receivable41€19€2,721€8€90€6,534▲ 7,167%
Cash at bank and in hand54/58€20,125€17,670€27,292€25,620€27,999▲ 9.3%
Deferred charges and accrued income490/1€3,173€3,149€3,756€4,070€3,574▼ 12.2%
Equity and liabilities
Total equity and liabilities10/49€276,043€267,152€243,125€171,890€141,721▼ 17.6%
Equity10/15-€6,024-€24,643-€60,464-€100,772-€121,431▼ 20.5%
Contributions10/11€20,000€20,000€20,000€20,000€20,000=
Profit (loss) carried forward14-€26,024-€44,643-€80,464-€120,772-€141,431▼ 17.1%
Amounts payable17/49€282,067€291,795€303,589€272,662€263,152▼ 3.5%
Amounts payable after more than one year17€234,460€229,507€240,379€222,523€213,362▼ 4.1%
Financial debts170/4€234,460€229,507€240,379€222,523€213,362▼ 4.1%
Amounts payable within one year42/48€45,367€58,864€54,705€40,151€41,447▲ 3.2%
Current portion of amounts payable after more than one year42€9,846€9,954€14,584€14,869€9,148▼ 38.5%
Trade debts44€33,821€47,250€35,808€21,761€23,821▲ 9.5%
Suppliers440/4€33,821€47,250€35,808€21,761€23,821▲ 9.5%
Taxes, remuneration and social security45€1,700€1,660€4,313€3,522€8,477▲ 141%
Taxes450/3€95€1,624€165€746€3,558▲ 377%
Remuneration and social security454/9€1,605€36€4,148€2,776€4,920▲ 77.2%
Accrued charges and deferred income492/3€2,240€3,425€8,505€9,987€8,343▼ 16.5%
Line20212022202320242025Change
Profit (loss) for the period9904-€26,024-€18,619-€35,820-€40,308-€20,659▲ 48.7%
+ Depreciation and write-downs630€33,227€42,467€46,011€45,165€42,516▼ 5.9%
Operating cash flow (approximation)€7,203€23,847€10,191€4,856€21,857▲ 350%
Investment in fixed assets (approximation)--€32,535-€2,424€5,464-€1,500▼ 127%
Change in cash--€2,455€9,622-€1,672€2,379▲ 242%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
17-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
23-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Weakest financial yearnet -€40,308
Net result drops to -€40,308, the lowest in the series; recovery starts the following year.
03-04
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-05
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
07-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Nieuwpoort · 3 establishment units since 2021
seat establishment All 3 establishment units on the map
Ground area
2,712 m²
Building footprint
1,317 m²
Volume, LiDAR
14,269 m³
3 parcels, Flanders · tallest building 16.5 m, ±4 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
3 establishment units
VetsforPets
Albert I laan 107, 8620 NieuwpoortVeterinary services
since 20212.312.580.958
VetsforPets
Arthur Meynneplein 6, 8434 MiddelkerkeVeterinary services
since 20212.312.581.057
VetsforPets
Robert Vandammestraat(Kok) 40, 8670 KoksijdeVeterinary services
since 20212.312.581.156
3 parcels
Flanders 3 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
38402D0444/00C000 Flanders 1,135 m² 1 · 489 m² 16.5 m · 4 fl.
35022A0122/00W000 Flanders 930 m² 1 · 619 m² 13.5 m · 4 fl.
38014F0750/00D002 Flanders 646 m² 1 · 208 m² 15.4 m · 3 fl.
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Part of the group Nesto Administratiekantoor 32 companies Group, risk and exposure

Owners and holdings

1 owner

Chain of control

  1. Nesto Administratiekantoor 100%
  2. NESTO 100%
  3. VetsforPets

Highest known parent: Nesto Administratiekantoor. The sources do not say who stands above it.

Owners 1

Holdings 0

The accounts to 31-12-2025 list no holdings, and no other source names one.

According to the 2025 annual accounts of VetsforPets and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Recognitions · licences · registrations

Food safety, FASFC

3 sites
Koksijde2.312.581.156
1 permission
Detailhandelaar petfood · since 08-06-2023
Middelkerke2.312.581.057
1 permission
Detailhandelaar petfood · since 01-03-2022
Nieuwpoort2.312.580.958
1 permission
Detailhandelaar petfood · since 08-06-2023

Similar companies · same sector, comparable size

Of 6,090 companies in sector 75000 we hold annual accounts for 1,952. 187 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded12-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
75000Veterinary services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0761460292
Also 9925:BE0761460292
Registered 24-11-2023

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

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