Financials
Financial year 2025
DIERENARTSPRAKTIJK DE LETTER PAUL from Merksplas, company number BE0841581797, closed financial year 2025 with a result of € 1.4 million after tax. For that financial year DIERENARTSPRAKTIJK DE LETTER PAUL recorded a gross margin of € 148,318 and equity of € 2.6 million. Compared with financial year 2024, the result moved from € 477,400 to € 1.4 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2026.
€ 2.6 million
▲ 79% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.4 million
▲ 191% vs 2024
Profit after tax over the fiscal year.
€ 494,145
▼ 30% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 245,155 paid out
18 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 35,461
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 180,570
▼ 22% vs 2024
€ 51,928 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 3,173
▼ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 189,369
▲ 124% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 87,927 | € 85,417 | € 129,592 | € 148,318 | ▲ 14% |
| Profit after taxes | € 115,717 | € 432,729 | € 477,400 | € 1,391,193 | ▲ 191% |
| Equity | € 893,714 | € 1,163,780 | € 1,442,666 | € 2,588,704 | ▲ 79% |
| Total debts | € 742,103 | € 943,279 | € 836,280 | € 854,652 | ▲ 2% |
| Cash | € 302,782 | € 23,819 | € 706,105 | € 494,145 | ▼ 30% |
| Land & buildings | € 633,344 | € 555,280 | € 474,553 | € 394,386 | ▼ 17% |
| Retained profit | € 881,314 | € 1,151,380 | € 1,430,266 | € 2,576,304 | ▲ 80% |
| Dividend | € 104,724 | € 162,663 | € 198,514 | € 245,155 | ▲ 23% |
| Bank debt | € 289,429 | € 245,845 | € 232,217 | € 180,570 | ▼ 22% |
| Balance sheet total | € 1,743,229 | € 2,125,059 | € 2,296,946 | € 3,461,357 | ▲ 51% |
Key figures of DIERENARTSPRAKTIJK DE LETTER PAUL, 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 DIERENARTSPRAKTIJK DE LETTER PAUL?
What happened at DIERENARTSPRAKTIJK DE LETTER PAUL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.4 million (▲ 191% vs 2024). Source: NBB ↗
- Paul de Letter became a director. NBB
- New establishment in Merksplas. KBO
- Start of the company according to the CBE. KBO
In short
From € 115,717 profit in 2022 to € 1.4 million profit in 2025.
Paid € 382,558 in corporate taxes since 2022.
Best year ever: 2025, with € 1.4 million profit.
Paid out € 711,056 in dividends to the owners in total.
Management
Behind DIERENARTSPRAKTIJK DE LETTER PAUL is Paul de Letter. It owns 100% of Mervar BV itself.
Directors
According to the 2025 annual accounts
since 2011
Establishments
Establishment units
Physical locations of this company
Heiseneinde 64
2330 Merksplas
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0841.581.797
- VAT number
- BE 0841.581.797
- Registered office
- Heiseneinde 64, 2330 Merksplas
- Names & denominations
- DIERENARTSPRAKTIJK DE LETTER PAUL · DAP DE LETTER PAUL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 December 2011
- Peppol
- Active · Active since 15 Oct 2025
- Activities · NACE
Veterinaire diensten