Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 59 % of short-term debt in 2025; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 5.5 to 4.7.
Financials
Financial year 2025
VETRIA from Beernem, company number BE0437929363, closed financial year 2025 with a result of € -182,489 after tax. For that financial year VETRIA recorded revenue of € 16.1 million and equity of € 2.3 million. Compared with financial year 2024, the result moved from € -157,753 to € -182,489. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 2.3 million
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -182,489
▼ 16 % more loss than in 2024
Profit after tax over the fiscal year.
€ 641,876
▲ 8% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2 million.
People and assets in 2025
4.7
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 280,001
▼ 31% vs 2024
€ 59,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 799
▼ 86% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 708,334
▼ 11% vs 2024
€ 83,333 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 1.1 million
▲ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 25 days on average.
€ 83,726
▼ 9% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 24,671,758 | € 22,161,784 | € 25,892,011 | € 16,065,234 | ▼ 38% |
| Profit after taxes | € 553,119 | € 366,567 | € -157,753 | € -182,489 | ▼ € 24,736 |
| Equity | € 2,271,714 | € 2,633,281 | € 2,475,528 | € 2,293,039 | ▼ 7% |
| Total debts | € 5,335,688 | € 4,268,121 | € 3,014,180 | € 2,895,658 | ▼ 4% |
| Cash | € 467,376 | € 877,575 | € 595,449 | € 641,876 | ▲ 8% |
| Land & buildings | € 2,711,120 | € 2,638,144 | € 2,528,481 | € 2,455,485 | ▼ 3% |
| Retained profit | € 1,937,482 | € 2,299,049 | € 2,141,296 | € 1,958,807 | ▼ 9% |
| Dividend | € 645,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 1,000,000 | € 916,667 | € 791,667 | € 708,334 | ▼ 11% |
| Balance sheet total | € 7,607,402 | € 6,901,402 | € 5,489,708 | € 5,188,697 | ▼ 5% |
| Employees (FTE) | 5.7 | 5.5 | 5.4 | 4.7 | ▼ 0.7 |
Key figures of VETRIA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to VETRIA?
What happened at VETRIA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 182,489. filed late Source: NBB ↗
- ALLIANDO became a director. NBB
- Diego Mignot became a director. NBB
- New establishment in Beernem. KBO
- New establishment in Beernem. KBO
- Start of the company according to the CBE. KBO
In short
From € 553,119 profit in 2022 to € 182,489 loss in 2025.
Paid € 348,018 in corporate taxes since 2022.
Best year ever: 2022, with € 553,119 profit.
Paid out € 645,000 in dividends to the owners in total.
Management
Behind VETRIA are Sanidus NV, Lieven De Marez BV, ALLIANDO, Diego Mignot and Subico BV. The shares are held by SANIDUS NV (37.5%), NEFTYS.PHARMA (37.5%) and SYNERPLUS VOF (25%).
Directors
According to the 2025 annual accounts
Director · represented by Stefaan De Marez
Also active at: APOTHEEK DESSEIN, WISLI INVEST
Director · represented by Jacques Mignot
since 2022
Diego Mignot
Director
since 2022
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Parkstraat 2
8730 Beernem
Industriepark Oost 19
8730 Beernem
Active since 8 January 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →APOTHEEK DESSEIN same network
€ 35.7 million revenue · 2025
FARMA - IMMO
€ 2.3 million gross margin · 2025
XLENT-IMMO
€ -350 gross margin · 2025
SANIDUS same network
€ -4,947 gross margin · 2025
WISLI INVEST same network
€ 555,249 revenue · 2025
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0437.929.363
- VAT number
- BE 0437.929.363
- Registered office
- Parkstraat 2, 8730 Beernem
- Names & denominations
- VETRIA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 June 1989
- Peppol
- Active · Active since 27 Nov 2025
- Contact
- 050/20.71.10
- Activities · NACE
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