Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
NIV-VET from Nivelles, company number BE0726932945, closed financial year 2025 with a result of € 111,247 after tax. For that financial year NIV-VET recorded a gross margin of € 642,251 and equity of € 269,034. Compared with financial year 2024, the result moved from € 175,400 to € 111,247. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 22, 2026.
€ 269,034
▲ 71% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 111,247
▼ 37% vs 2024
Profit after tax over the fiscal year.
€ 136,793
▼ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 250,434.
People and assets in 2025
9.8
Average over the fiscal year, from the social balance sheet.
€ 320,479
▲ 28% vs 2024
€ 32,700 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.
€ 79,117
▲ 4% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 936,602
▼ 2% vs 2024
€ 155,613 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 216,848
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 31,911
▼ 72% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 377,563 | € 309,819 | € 663,662 | € 642,251 | ▼ 3% |
| Profit after taxes | € 104,146 | € -1,697 | € 175,400 | € 111,247 | ▼ 37% |
| Equity | € 157,787 | € 156,090 | € 157,787 | € 269,034 | ▲ 71% |
| Total debts | € 1,545,083 | € 1,515,992 | € 1,484,645 | € 1,341,693 | ▼ 10% |
| Cash | € 166,255 | € 80,537 | € 140,640 | € 136,793 | ▼ 3% |
| Land & buildings | € 1,233,363 | € 1,160,069 | € 1,101,123 | € 1,035,515 | ▼ 6% |
| Retained profit | € 139,187 | € 137,490 | € 139,187 | € 250,434 | ▲ 80% |
| Dividend | € 151,198 | € 0 | € 173,703 | € 0 | ▼ 100% |
| Bank debt | € 1,225,011 | € 1,092,724 | € 960,173 | € 936,602 | ▼ 2% |
| Balance sheet total | € 1,702,871 | € 1,672,082 | € 1,642,432 | € 1,610,727 | ▼ 2% |
| Employees (FTE) | 3.1 | 3.4 | - | 9.8 |
Key figures of NIV-VET, 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 NIV-VET?
What happened at NIV-VET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 111,247 (▼ 37% vs 2024). filed late Source: NBB ↗
- New establishment in Nivelles. KBO
- Start of the company according to the CBE. KBO
In short
From € 104,146 profit in 2022 to € 111,247 profit in 2025.
Paid € 129,284 in corporate taxes since 2022.
Best year ever: 2024, with € 175,400 profit.
On average € 65,500 of value added per employee in 2025.
Establishments
Establishment units
Physical locations of this company
Chemin Maxile 2
1400 Nivelles
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0726.932.945
- VAT number
- BE 0726.932.945
- Registered office
- Chemin Maxile 2, 1400 Nivelles
- Names & denominations
- NIV-VET
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 May 2019
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
Veterinaire diensten