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VETCONSULT

Active
Private limited companyfounded 201213 yrs activeKoningin Fabiolastraat 224, 8560 Wevelgem, BelgiumKBO/BCE: BE 0502.574.024
Summary

VETCONSULT has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €203k and a net result of €45k. Equity is growing by ~29.5% per year across the filed fiscal years. Its solvency ranks better than 52% of 1470 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2024
84 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability84▼-7
Solvency82▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity short (current ratio 0.6 against 0.51 in 2023; short-term debt: 36.2% and cash: 18% of total assets), and 43.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Three signals. The signal on the left, the evidence on the right.
lowers 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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 13 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-06-2025, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
32 d early
2023
40 d early
2022
43 d early
2021
44 d early
2020
43 d early
2019
42 d early
← before the deadline after the deadline →
Checked, nothing found (1)
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 2024, micro schema

Equity
€203k▲ 28.1%
2023 · €159k
2018: €39k 2019: €56k 2020: €76k 2021: €98k 2022: €104k 2023: €159k
2018 → 2024
Total assets
€358k▲ 15.6%
2023 · €310k
2018: €231k 2019: €210k 2020: €190k 2021: €176k 2022: €206k 2023: €310k
2018 → 2024
Net result
€45k▼ 18.8%
2023 · €55k
2018: €1k 2019: €17k 2020: €21k 2021: €22k 2022: €6k 2023: €55k
2018 → 2024
Working capital
€-52k▲ 18.6%
2023 · €-64k
2018: €-20k 2019: €-22k 2020: €-11k 2021: €-12k 2022: €-21k 2023: €-64k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€76k-€98k▲ 28.3%€104k▲ 5.9%€159k▲ 52.8%€203k▲ 28.1%
Operating result€34k-€35k▲ 3.0%€13k▼ 64.1%€80k▲ 535%€70k▼ 12.4%
Net result€21k-€22k▲ 5.0%€6k▼ 73.3%€55k▲ 849%€45k▼ 18.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25k€50k€75kOperating result 2020: €34k€34kNet result 2020: €21k€21kOperating result 2021: €35k€35kNet result 2021: €22k€22kOperating result 2022: €13k€13kNet result 2022: €6k€6kOperating result 2023: €80k€80kNet result 2023: €55k€55kOperating result 2024: €70k€70kNet result 2024: €45k€45k20202021202220232024€0€25k€50k€75kOperating result 2022: €13k€13kNet result 2022: €6k€5.8kOperating result 2023: €80k€80kNet result 2023: €55k€55kOperating result 2024: €70k€70kNet result 2024: €45k€45k202220232024
The operating result falls in 2024; 2024 is 12% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €358k
Fixed assets €280k ▲ 15.4%
Current assets €78k ▲ 16.0%
Equity and liabilities €358k
Equity €203k ▲ 28.1%
Debt €155k ▲ 2.5%
Debt's share of the balance-sheet total falls from 48.8% to 43.3%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€112k
2023 · €116k
Cash flow
€86k
2023 · €91k
Current ratio
0.60
2023 · 0.51
Debt to equity
0.76
2023 · 0.95
ROE
21.9%
2023 · 34.6%
ROA
12.4%
2023 · 17.7%
Interest coverage
14.89
2023 · 36.32
Debt ≤ 1 year
€130k
2023 · €131k
Debt > 1 year
€25k
2023 · €20k
Income taxes
€18k
2023 · €22k
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 · 2024 against 2023 · 45 lines
Balance sheet Code20232024
Assets
Total assets20/58€310k€358k
Fixed assets21/28€243k€280k
Tangible fixed assets22/27€243k€280k
Land and buildings22€21k€25k
Plant, machinery and equipment23€79k€79k
Furniture and vehicles24€143k€177k
Current assets29/58€67k€78k
Amounts receivable within one year40/41-€487
Trade receivables40-€487
Current investments50/53€13k€13k=
Cash at bank and in hand54/58€54k€64k
Equity and liabilities
Total equity and liabilities10/49€310k€358k
Equity10/15€159k€203k
Contributions10/11€12k€12k=
Outside capital11€12k€12k=
Other1109/19€12k€12k=
Reserves13€146k€191k
Distributable reserves133€146k€191k
Amounts payable17/49€151k€155k
Amounts payable after more than one year17€20k€25k
Financial debts170/4€20k€25k
Amounts payable within one year42/48€131k€130k
Current portion of amounts payable after more than one year42€15k€20k
Trade debts44€6k€6k
Suppliers440/4€6k€6k
Taxes, remuneration and social security45€21k€18k
Taxes450/3€17k€14k
Remuneration and social security454/9€4k€4k=
Other amounts payable47/48€89k€85k
Income statement Code20232024
Non-recurring operating income76A€17k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€42k
Other operating charges640/8€1k€1k
Gross operating margin9900€117k€113k
Operating profit (loss)9901€80k€70k
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€3k€8k
Recurring financial charges65€3k€8k
Profit (loss) for the period before taxes9903€77k€63k
Income taxes67/77€22k€18k
Profit (loss) for the period9904€55k€45k
Profit (loss) for the period to be appropriated9905€55k€45k
Appropriation of the result
Profit (loss) to be appropriated9906€55k€45k
Transfer to equity691/2€55k€45k
To other reserves6921€55k€45k

The notes to these accounts (7 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

2025
29-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Equity above €200kEq €203k ▲28.1%
7 profitable years in a row build equity to €203k.
21-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2018net €55k ▲849%
Operating result €80k, net result €55k, both a record.
31-12
Financial Equity above €150kEq €159k ▲52.8%
6 profitable years in a row build equity to €159k.
18-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Equity above €100kEq €104k ▲5.9%
5 profitable years in a row build equity to €104k.
17-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
18-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
19-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
21-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
15-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
18-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
19-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated 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, Wevelgem · 1 establishment unit since 2013
establishment 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.

Koningin Fabiolastraat 2248560 Wevelgem
Ground area
1,445 m²
Building footprint
222 m²
Volume, LiDAR
1,265 m³
Parcel 34012D0475/00M000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Vetconsult
Koningin Fabiolastraat 224, 8560 WevelgemVeterinary services
since 20132.215.812.570
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34012D0475/00M000 Flanders 1,445 m² 1 · 222 m² 9.2 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.

Recognitions · licences · registrations

Legal Entity Identifier

875500F8N9TTU5M2KY80
live in the LEI register

Similar companies · same sector, comparable size

Of 6,078 companies in sector 75000 we hold annual accounts for 1,950. 1,646 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
Founded27-12-2012
Fiscal year end31-12
Activities, NACEBEL 2025
75000Veterinary services
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers

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