NCVET
ActiveNCVET has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €148k and a net result of €49k. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 71% of 1272 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
91
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability99▲+7
Solvency97▼-3
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 3.0 against 3.22 in 2024; short-term debt: 28.2% and cash: 27.3% of total assets), and 28.2% 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
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 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
71.8%
Return on assets
23.9%
Age of the figures
9 mo
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 13-04-2026, 109 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
109 d early
2024
41 d late
2023
31 d late
2022
5 d early
2021
22 d late
2020
1 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€148k=
2024 · €148k
2020: €43k
2021: €115k
2022: €148k
2023: €148k
2024: €148k
2020 → 2025
Total assets
€206k▲ 5.7%
2024 · €195k
2020: €93k
2021: €164k
2022: €188k
2023: €217k
2024: €195k
2020 → 2025
Net result
€49k▲ 33.7%
2024 · €37k
2020: €40k
2021: €73k
2022: €32k
2023: €54k
2024: €37k
2020 → 2025
Working capital
€116k▲ 11.6%
2024 · €104k
2020: €13k
2021: €95k
2022: €136k
2023: €90k
2024: €104k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€115k-€148k▲ 28.0%€148k=€148k=€148k=
Operating result€102k-€47k▼ 53.9%€62k▲ 31.8%€48k▼ 21.8%€63k▲ 31.3%
Net result€73k-€32k▼ 55.4%€54k▲ 66.7%€37k▼ 31.9%€49k▲ 33.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 31% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €206k
Fixed assets
€32k▼ 27.5%
Current assets
€174k▲ 15.3%
Equity and liabilities €206k
Equity
€148k=
Debt
€58k▲ 23.6%
The debt ratio rises from 24.1% to 28.2%. Debt is higher.
Key figures and ratios
EBITDA
€76k▲
2024 · €63k
Cash flow
€62k▲
2024 · €52k
Solvency
71.8%▼
2024 · 75.9%
Current ratio
3.00▼
2024 · 3.22
Quick ratio
3.00▼
2024 · 3.22
Debt / equity
0.39▲
2024 · 0.32
ROE
33.3%▲
2024 · 24.9%
ROA
23.9%▲
2024 · 18.9%
Interest coverage
593.82▼
2024 · 982.49
Debt
€58k▲
2024 · €47k
Debt ≤ 1 year
€58k▲
2024 · €47k
Income taxes
€14k▲
2024 · €11k
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€195k€206k▲
Fixed assets21/28€44k€32k▼
Tangible fixed assets22/27€44k€32k▼
Furniture and vehicles24€44k€32k▼
Current assets29/58€151k€174k▲
Amounts receivable within one year40/41€31k€16k▼
Trade receivables40€29k€15k▼
Other amounts receivable41€2k€2k▼
Current investments50/53-€100k
Cash at bank and in hand54/58€118k€56k▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€195k€206k▲
Equity10/15€148k€148k=
Contributions10/11€3k€3k=
Reserves13€145k€145k=
Distributable reserves133€145k€145k=
Profit (loss) carried forward14€0€0=
Amounts payable17/49€47k€58k▲
Amounts payable within one year42/48€47k€58k▲
Trade debts44€5k€122▼
Suppliers440/4€5k€122▼
Taxes, remuneration and social security45€5k€5k▲
Taxes450/3€3k€5k▲
Remuneration and social security454/9€2k€0▼
Other amounts payable47/48€37k€53k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€13k▼
Other operating charges640/8€467€480▲
Gross operating margin9900€64k€77k▲
Operating profit (loss)9901€48k€63k▲
Financial income75/76B€0€177▲
Recurring financial income75€0€177▲
Financial charges65/66B€64€129▲
Recurring financial charges65€64€129▲
Profit (loss) for the period before taxes9903€48k€63k▲
Income taxes67/77€11k€14k▲
Profit (loss) for the period9904€37k€49k▲
Profit (loss) for the period to be appropriated9905€37k€49k▲
Appropriation of the result
Profit (loss) to be appropriated9906€37k€49k▲
Profit to be distributed694/7€37k€49k▲
Return on contributions (dividend)694€37k€49k▲
The notes to these accounts (13 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
13-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
10-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 41 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €32k ▼55.4%
Net result drops to €32k, the lowest in the series; recovery starts the following year.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
31-12
Financial
Highest result since 2020net €73k ▲81.9%
Operating result €102k, net result €73k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 2.94
Current ratio from 1.27 to 2.94; short-term debt falls from €50k to €49k.
31-12
Financial
Equity above €100kEq €115k ▲169%
2 profitable years in a row build equity to €115k.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · 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, Wavre · 1 establishment unit since 2020
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.
Avenue de l'Etrier 51300 WavreGround area
1,061 m²
Building footprint
171 m²
Volume, LiDAR
890 m³
Parcel 25772G0005/00F000, Wallonia · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NCVET
since 20202.303.370.116
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25772G0005/00F000 | Wallonia | 1,061 m² | 1 · 171 m² | 7.5 m · 2 fl. |
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.
Similar companies · same sector, comparable size
CVHuy
BE 1009.274.310
Huy · Eq €148k
Dierenarts Sofie Huyberechts
BE 0674.962.226
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DAP Maité Van Heeswijk
BE 0782.497.119
Pelt · Eq €148k
DAP HANNE DIERICKX
BE 0759.611.750
Roeselare · Eq €148k
Jan Meirsschaut
BE 0793.272.037
Lierde · Eq €148k
Of 6,078 companies in sector 75000 we hold annual accounts for 1,950. 1,712 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-05-2020
Fiscal year end31-12
Activities, NACEBEL
75000Veterinary services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.