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.
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Tight liquidity NBB
Cash and receivables cover 12 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VETERINARY INNOVATION ALLIANCE from Bree, company number BE0689786794, closed financial year 2025 with a result of € -487,434 after tax. For that financial year VETERINARY INNOVATION ALLIANCE recorded a gross margin of € 1.1 million and equity of € 1.8 million. Compared with financial year 2024, the result moved from € -730,136 to € -487,434. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.
€ 1.8 million
▼ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -487,434
▲ 33 % less loss than in 2024
Profit after tax over the fiscal year.
€ 793
▼ 87% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.6 million.
People and assets in 2025
16.8
▼ 3.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 960,259
▼ 9% vs 2024
€ 57,200 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.
€ 148,427
▼ 32% vs 2024
Of which on lease € 19,205.
Debts at end 2025
€ 5.1 million
▲ 8% vs 2024
€ 250,474 is repaid this year. At this pace the long-term loan is gone in ≈ 20 years.
€ 436,936
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 87,290
▼ 29% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 1,698,880 | € 1,742,708 | - | |
| Gross margin | € 923,065 | € 951,433 | € 967,859 | € 1,147,612 | ▲ 19% |
| Profit after taxes | € -99,963 | € -362,484 | € -730,136 | € -487,434 | ▲ € 242,702 |
| Equity | € 692,982 | € 327,684 | € 2,326,487 | € 1,836,452 | ▼ 21% |
| Total debts | € 4,673,187 | € 8,137,880 | € 7,051,685 | € 8,967,874 | ▲ 27% |
| Cash | € 573 | € 55,503 | € 6,071 | € 793 | ▼ 87% |
| Land & buildings | € 4,433,203 | € 4,260,717 | € 4,133,226 | € 3,880,986 | ▼ 6% |
| Retained profit | € -982,019 | € -1,344,504 | € -2,074,640 | € -2,562,074 | ▼ € 487,434 |
| Bank debt | € 4,285,067 | € 7,259,487 | € 4,703,768 | € 5,095,286 | ▲ 8% |
| Balance sheet total | € 5,366,169 | € 8,465,564 | € 9,378,172 | € 10,804,326 | ▲ 15% |
| Employees (FTE) | 13.2 | 18.6 | 20.5 | 16.8 | ▼ 3.7 |
Key figures of VETERINARY INNOVATION ALLIANCE, 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 VETERINARY INNOVATION ALLIANCE?
What happened at VETERINARY INNOVATION ALLIANCE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 487,434. Source: NBB ↗
- Victor Baltus became a director. NBB
- New establishment in Bree. KBO
- Start of the company according to the CBE. KBO
In short
From € 99,963 loss in 2022 to € 487,434 loss in 2025.
Paid € 2,965 in corporate taxes since 2022.
On average € 68,300 of value added per employee in 2025.
A new publication or filing at VETERINARY INNOVATION ALLIANCE? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind VETERINARY INNOVATION ALLIANCE is Victor Baltus. It owns 100% of Equine Sports Medicine Practive (ESMP) itself.
Directors
According to the 2025 annual accounts
since 2025
Establishments
Establishment units
Physical locations of this company
Berkenbroekstraat 1
3960 Bree
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0689.786.794
- VAT number
- BE 0689.786.794
- Registered office
- Berkenbroekstraat 1, 3960 Bree
- Names & denominations
- VETERINARY INNOVATION ALLIANCE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 February 2018
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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