VETSOLUTIONS
ActiveSummary
VETSOLUTIONS has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €127k and a net result of €167k. Equity is growing by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 11% of 244 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▼-7
Solvency29▼-49
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity short (current ratio 0.78 against 2.17 in 2024; short-term debt: 92.5% and cash: 6.3% of total assets), and 95.9% of the assets are financed with debt.
Credit check for your own amount and term
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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
4.1%
Return on assets
5.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 244 sector peers (2025).
NBB · sector comparisonPosition among 244 sector peers
Solvency
better than 11%
← 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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
14 d early
2024
42 d late
2023
1 d early
2022
39 d early
2021
4 d early
2020
9 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€127k▼ 87.0%
2024 · €984k
2019: €604k
2020: €604k● +0.0% vs 2019
2021: €600k▼ -0.6% vs 2020
2022: €665k▲ +10.7% vs 2021
2023: €685k▲ +3.1% vs 2022
2024: €791k▲ +15.5% vs 2023
2024: €984khighest value
2025: €127k▼ -87.0% vs 2024lowest value
2019 → 2025
Total assets
€3.10M▲ 68.4%
2024 · €1.84M
2019: €694klowest value
2020: €795k▲ +14.6% vs 2019
2021: €956k▲ +20.3% vs 2020
2022: €1.02M▲ +6.4% vs 2021
2023: €1.70M▲ +67.5% vs 2022
2024: €1.78M▲ +4.5% vs 2023
2024: €1.84M
2025: €3.10M▲ +68.4% vs 2024highest value
2019 → 2025
Net result
€167k▼ 13.4%
2024 · €193k
2019: €79k
2020: €141▼ -99.8% vs 2019lowest value
2021: €88k▲ +62272% vs 2020
2022: €64k▼ -27.3% vs 2021
2023: €20k▼ -68.3% vs 2022
2024: €106k▲ +423% vs 2023
2024: €193khighest value
2025: €167k▼ -13.4% vs 2024
2019 → 2025
Working capital
€-619k
2024 · €803k
2019: €549k
2020: €575k▲ +4.9% vs 2019
2021: €586k▲ +1.8% vs 2020
2022: €628k▲ +7.2% vs 2021
2023: €323k▼ -48.5% vs 2022
2024: €626k▲ +93.7% vs 2023
2024: €803khighest value
2025: €-619k▼ -177% vs 2024lowest value
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420242025Trend
Equity€665k-€685k▲ 3.1%€791k▲ 15.5%€984k▲ 24.4%€127k▼ 87.0%
2022: €665k
2023: €685k▲ +3.1% vs 2022
2024: €791k▲ +15.5% vs 2023
2024: €984khighest value
2025: €127k▼ -87.0% vs 2024lowest value
Operating result€90k-€43k▼ 51.7%€168k▲ 287%€272k▲ 62.0%€244k▼ 10.3%
2022: €90k
2023: €43k▼ -51.7% vs 2022lowest value
2024: €168k▲ +287% vs 2023
2024: €272khighest value
2025: €244k▼ -10.3% vs 2024
Net result€64k-€20k▼ 68.3%€106k▲ 423%€193k▲ 81.9%€167k▼ 13.4%
2022: €64k
2023: €20k▼ -68.3% vs 2022lowest value
2024: €106k▲ +423% vs 2023
2024: €193khighest value
2025: €167k▼ -13.4% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.10M
Fixed assets
€853k ▲ 143%
Current assets
€2.25M ▲ 51.0%
Equity and liabilities €3.10M
Equity
€127k ▼ 87.0%
Debt
€2.97M ▲ 247%
Debt's share of the balance-sheet total rises from 46.6% to 95.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€336k▲
2024 · €306k
Cash flow
€259k▲
2024 · €227k
Current ratio
0.78▼
2024 · 2.17
Quick ratio
0.62▼
2024 · 1.50
Debt to equity
23.34▲
2024 · 0.87
ROE
131.2%▲
2024 · 19.6%
ROA
5.4%▼
2024 · 10.5%
Interest coverage
21.87▼
2024 · 30.91
Debt ≤ 1 year
€2.87M▲
2024 · €687k
Debt > 1 year
€100k▼
2024 · €163k
Income taxes
€61k▼
2024 · €69k
Staff costs
€329k▲
2024 · €98k
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 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.84M€3.10M▲
Fixed assets21/28€352k€853k▲
Intangible fixed assets21€229k€701k▲
Tangible fixed assets22/27€120k€152k▲
Plant, machinery and equipment23€9k€12k▲
Furniture and vehicles24€111k€139k▲
Financial fixed assets28€2k€0▼
Current assets29/58€1.49M€2.25M▲
Stocks and contracts in progress3€460k€480k▲
Stocks30/36€460k€480k▲
Amounts receivable within one year40/41€752k€1.57M▲
Trade receivables40€745k€1.56M▲
Other amounts receivable41€7k€12k▲
Cash at bank and in hand54/58€138k€195k▲
Deferred charges and accrued income490/1€140k€3k▼
Equity and liabilities
Total equity and liabilities10/49€1.84M€3.10M▲
Equity10/15€984k€127k▼
Contributions10/11€19k€19k=
Reserves13€965k€109k▼
Tax-exempt reserves132€109k€109k=
Distributable reserves133€857k€0▼
Profit (loss) carried forward14-€0
Amounts payable17/49€858k€2.97M▲
Amounts payable after more than one year17€163k€100k▼
Financial debts170/4€163k€100k▼
Amounts payable within one year42/48€687k€2.87M▲
Current portion of amounts payable after more than one year42€130k€63k▼
Financial debts43-€8k
Other loans439-€8k
Trade debts44€406k€896k▲
Suppliers440/4€406k€896k▲
Taxes, remuneration and social security45€91k€90k▼
Taxes450/3€46k€44k▼
Remuneration and social security454/9€46k€45k▼
Other amounts payable47/48€60k€1.81M▲
Accrued charges and deferred income492/3€8k€6k▼
Income statement
Code20242025
Remuneration, social security and pensions62€98k€329k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€92k▲
Other operating charges640/8€2k€39k▲
Gross operating margin9900€405k€704k▲
Operating profit (loss)9901€272k€244k▼
Financial income75/76B€86€107▲
Recurring financial income75€86€107▲
Financial charges65/66B€10k€15k▲
Recurring financial charges65€10k€15k▲
Profit (loss) for the period before taxes9903€262k€228k▼
Income taxes67/77€69k€61k▼
Profit (loss) for the period9904€193k€167k▼
Profit (loss) for the period to be appropriated9905€193k€167k▼
Appropriation of the result
Profit (loss) to be appropriated9906€193k€167k▼
Transfer from equity791/2-€857k
Transfer to equity691/2€193k€0▼
To other reserves6921€193k€0▼
Profit to be distributed694/7-€1.02M
Return on contributions (dividend)694-€1.02M
Social balance
Average headcount (FTE)90873.02.8▼
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €13k | €0 | - | - | - |
| Remuneration, social security and pensions62 | €141k | €202k | €262k | €98k | €329k | ▲ 237% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13k | €25k | €66k | €34k | €92k | ▲ 171% |
| Other operating charges640/8 | €2k | €3k | €2k | €2k | €39k | ▲ 1,979% |
| Gross operating margin9900 | €245k | €274k | €498k | €405k | €704k | ▲ 73.7% |
| Operating profit (loss)9901 | €90k | €43k | €168k | €272k | €244k | ▼ 10.3% |
| Financial income75/76B | €4k | €2k | €604 | €86 | €107 | ▲ 24.6% |
| Recurring financial income75 | €4k | €2k | €604 | €86 | €107 | ▲ 24.6% |
| Non-recurring financial income76B | €256 | €0 | - | - | - | - |
| Financial charges65/66B | €4k | €15k | €25k | €10k | €15k | ▲ 55.3% |
| Recurring financial charges65 | €4k | €15k | €25k | €10k | €15k | ▲ 55.3% |
| Profit (loss) for the period before taxes9903 | €90k | €30k | €143k | €262k | €228k | ▼ 12.7% |
| Income taxes67/77 | €26k | €10k | €37k | €69k | €61k | ▼ 10.9% |
| Profit (loss) for the period9904 | €64k | €20k | €106k | €193k | €167k | ▼ 13.4% |
| Profit (loss) for the period to be appropriated9905 | €64k | €20k | €106k | €193k | €167k | ▼ 13.4% |
| Line | 2022 | 2023 | 2024 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.02M | €1.70M | €1.78M | €1.84M | €3.10M | ▲ 68.4% |
| Fixed assets21/28 | €38k | €413k | €386k | €352k | €853k | ▲ 143% |
| Intangible fixed assets21 | - | €270k | €243k | €229k | €701k | ▲ 206% |
| Tangible fixed assets22/27 | €36k | €141k | €141k | €120k | €152k | ▲ 26.2% |
| Plant, machinery and equipment23 | €6k | €11k | €11k | €9k | €12k | ▲ 36.9% |
| Furniture and vehicles24 | €26k | €129k | €130k | €111k | €139k | ▲ 25.3% |
| Other tangible fixed assets26 | €5k | €1k | €0 | - | - | - |
| Financial fixed assets28 | €2k | €2k | €2k | €2k | €0 | ▼ 100% |
| Current assets29/58 | €979k | €1.29M | €1.39M | €1.49M | €2.25M | ▲ 51.0% |
| Stocks and contracts in progress3 | €295k | €372k | €409k | €460k | €480k | ▲ 4.5% |
| Stocks30/36 | €295k | €372k | €409k | €460k | €480k | ▲ 4.5% |
| Amounts receivable within one year40/41 | €445k | €811k | €711k | €752k | €1.57M | ▲ 109% |
| Trade receivables40 | €428k | €745k | €710k | €745k | €1.56M | ▲ 109% |
| Other amounts receivable41 | €16k | €66k | €1k | €7k | €12k | ▲ 61.1% |
| Cash at bank and in hand54/58 | €239k | €58k | €190k | €138k | €195k | ▲ 41.3% |
| Deferred charges and accrued income490/1 | €207 | €49k | €85k | €140k | €3k | ▼ 98.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.02M | €1.70M | €1.78M | €1.84M | €3.10M | ▲ 68.4% |
| Equity10/15 | €665k | €685k | €791k | €984k | €127k | ▼ 87.0% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €646k | €666k | €772k | €965k | €109k | ▼ 88.7% |
| Tax-exempt reserves132 | €109k | €109k | €109k | €109k | €109k | = |
| Distributable reserves133 | €537k | €557k | €664k | €857k | €0 | ▼ 100% |
| Profit (loss) carried forward14 | - | - | - | - | €0 | - |
| Amounts payable17/49 | €353k | €1.02M | €989k | €858k | €2.97M | ▲ 247% |
| Amounts payable after more than one year17 | - | €32k | €201k | €163k | €100k | ▼ 38.8% |
| Financial debts170/4 | - | €32k | €201k | €163k | €100k | ▼ 38.8% |
| Amounts payable within one year42/48 | €351k | €967k | €768k | €687k | €2.87M | ▲ 318% |
| Current portion of amounts payable after more than one year42 | - | €22k | €140k | €130k | €63k | ▼ 51.3% |
| Financial debts43 | €2k | - | - | - | €8k | - |
| Credit institutions430/8 | €2k | - | - | - | - | - |
| Other loans439 | - | - | - | - | €8k | - |
| Trade debts44 | €235k | €868k | €229k | €406k | €896k | ▲ 121% |
| Suppliers440/4 | €235k | €868k | €229k | €406k | €896k | ▲ 121% |
| Taxes, remuneration and social security45 | €58k | €78k | €99k | €91k | €90k | ▼ 1.7% |
| Taxes450/3 | €13k | €12k | €24k | €46k | €44k | ▼ 2.5% |
| Remuneration and social security454/9 | €45k | €66k | €75k | €46k | €45k | ▼ 0.9% |
| Other amounts payable47/48 | €56k | €0 | €300k | €60k | €1.81M | ▲ 2,936% |
| Accrued charges and deferred income492/3 | €2k | €19k | €20k | €8k | €6k | ▼ 20.1% |
| Line | 2022 | 2023 | 2024 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €64k | €20k | €106k | €193k | €167k | ▼ 13.4% |
| + Depreciation and write-downs630 | €13k | €25k | €66k | €34k | €92k | ▲ 171% |
| Operating cash flow (approximation) | €77k | €46k | €172k | €227k | €259k | ▲ 14.2% |
| Investment in fixed assets (approximation) | - | €-400k | €-38k | - | €-593k | - |
| Change in cash | - | €-181k | €132k | - | €57k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-09
State Gazette act
Purpose · Statutes amendmentPurpose change · Power of attorney4 facts ▸
State Gazette act
Purpose · Statutes amendment
Purpose change · Power of attorney4 facts ▸
- General meeting, 03-09-2026
- Other statement, ontsluiting voorzitter voorlezen verslag, 26-08-2026
- Purpose change
- Power of attorney, QPS ACCOUNTANTS
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
14-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 42 days late
2024
31-12
Financial
Highest result since 2019net €193k ▲81.9%
Operating result €272k, net result €193k, both a record.
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
23-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
22-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Weakest financial yearnet €141 ▼99.8%
Net result drops to €141, the lowest in the series; recovery starts the following year.
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 6 acts read
About the unread acts
Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not 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
6 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lummen · 2 establishment units since 2005
Ground area
4,746 m²
Building footprint
1,286 m²
Volume, LiDAR
4,453 m³
3 parcels, Flanders · tallest building 6.4 m, ±1 floor. Linked by address, not a title deed.
9
companies at this address
See who is registered here
2 establishment units
Dwarsstraat 187, 3560 Lummen
since 20052.182.966.390
Vetsolutions
since 20252.376.937.884
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36494E1465/00D000 | Flanders | 2,811 m² | 1 · 1,088 m² | 6.3 m · 1 fl. |
| 71037C2196/00L000 | Flanders | 1,328 m² | 1 · 199 m² | 0.0 m |
| 71037C2198/00E000 | Flanders | 606 m² | - | - |
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.
Similar companies · same sector, comparable size
CURAMED
BE 0787.531.122
Paliseul · Eq €127,465
PHILIVET
BE 0842.306.230
Wanze · Eq €127,474
Dierenartsenpraktijk Ryhove
BE 0761.844.334
Nazareth-De Pinte · Eq €127,381
DAELMAN - VANGOOL, DIERENARTSEN
BE 0479.740.620
Antwerpen · Eq €127,293
Cabinet Vétérinaire de Facoumont
BE 0808.044.246
Oreye · Eq €127,687
Of 6,078 companies in sector 75000 we hold annual accounts for 1,950. 1,726 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded13-10-2005
Fiscal year end31-12
Activities, NACEBEL 2025
75000Veterinary services
Contact
Website
www.vetsol.be
E-mail
info@vetsol.be
E-mail
dierenarts.bonny@skynet.beLummen
Phone
057.46.76.41Lummen
Fax
057.46.79.46Lummen
Scores and ratios are computed by Checked and are not a credit decision.