ACTIVE

Veterinary Solutions

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

454,8 k €

-25.7% YoY

Gross margin

2,1 M €

+5.7% YoY

Equity

2,7 M €

+20.4% YoY

Workforce

16,6 ETP

+25.8% YoY

What does Veterinary Solutions do?

Veterinary Solutions is a Private limited company incorporated in 2015. Its main activity is: Wholesale of pharmaceutical goods. Its registered office is in Hasselt. It employs on average 16,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0644.819.970

Incorporation

23/12/2015

Legal form

Private limited company

Registered office

Schoonwinkelstraat 9
3500 Hasselt · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

16,6 ETP

Activities (NACE)

46460Wholesale of pharmaceutical goods· main 46460Wholesale of pharmaceutical goods 47740Retail sale of medical and orthopaedic goods in specialised stores 47741Retail sale of medical and orthopaedic goods in specialised stores 46649Wholesale of machinery for the textile industry and of sewing and knitting machines 46699Wholesale of other machinery and equipment

Joint committees (4)

14904
200
2000
20000

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 8 financial years

	2025		2024		2023		2022		2020		2019		2018		2017
Income statement
Gross margin	2,1 M €	+5.7%	2 M €	+128%	881,6 k €	-42.8%	1,5 M €	+45.7%	1,1 M €	-14.9%	1,2 M €	+115%	578 k €	-14.7%	677,8 k €
EBITDA	689,7 k €	-28.1%	959,5 k €	+291%	-503,4 k €	-149%	1 M €	+32.3%	774,3 k €	-20.4%	972,5 k €	+136%	411,5 k €	-18.7%	505,8 k €
Operating result	619,4 k €	-13.5%	715,8 k €	+182%	-873,3 k €	-208%	805,9 k €	+59.1%	506,7 k €	-31.2%	736,9 k €	+5115%	14,1 k €	-70.0%	47,1 k €
Net result	454,8 k €	-25.7%	612 k €	+168%	-902,6 k €	-222%	738,3 k €	+65.3%	446,6 k €	-34.9%	686,5 k €	+5942%	11,4 k €	-60.6%	28,9 k €
Balance sheet
Equity	2,7 M €	+20.4%	2,2 M €	+37.9%	1,6 M €	-35.8%	2,5 M €	+117%	1,2 M €	+60.0%	726,5 k €	+1680%	40,8 k €	+38.6%	29,5 k €
Total assets	4,6 M €	-12.8%	5,3 M €	+54.6%	3,4 M €	-18.1%	4,1 M €	+96.2%	2,1 M €	-3.4%	2,2 M €	+61.6%	1,4 M €	-5.4%	1,4 M €
Cash	244 k €	-3.1%	251,8 k €	+128%	110,6 k €	+1225%	8,4 k €	-95.4%	180,7 k €	+197%	60,9 k €	-9.7%	67,4 k €	-29.7%	95,9 k €
Debts	1,8 M €	-38.4%	2,9 M €	+63.8%	1,8 M €	+13.5%	1,6 M €	+65.8%	948,8 k €	-35.1%	1,5 M €	+76.9%	826,7 k €	-14.4%	965,5 k €
Other
Workforce	16,6 ETP	+25.8%	13,2 ETP	+1.5%	13,0 ETP	+36.8%	9,5 ETP	+63.8%	5,8 ETP	+31.8%	4,4 ETP	+33.3%	3,3 ETP	+43.5%	2,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 7 ended

Active mandates

Kristina Hunt

Director · since 16 février 2026

Active

LELINCO

Managing director · since 29 juin 2023 · 0803.181.774

Represented by Leën LODE

Active

Ended mandates

LELINCO

Managing director · since 29 juin 2023 · 0803.181.774

Represented by Leën LODE

Ended

Gavin Mitchell

Director · since 25 mai 2023

Ended

Patrick Leën

Director · since 23 décembre 2018

Ended

Patrick Leën

Manager · since 23 décembre 2018

Ended

At this address

Other companies at this address

Company	CBE no.
De Reisduif Invest● Active	0655.977.841
Limburgse Takeldienst V&W● Bankrupt	0448.867.401

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	18 months	12 months	12 months	12 months
Filing date	09/07/2026	18/07/2025	30/08/2024	31/01/2023	31/01/2022	15/02/2021
General meeting	30/06/2026	30/06/2025	13/06/2024	02/12/2022	21/01/2022	04/12/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

9 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	09/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	18/07/2025	Dutch	PDF
Abridged model	31/12/2023	13/06/2024	30/08/2024	Dutch	PDF
Abridged model	30/06/2022	02/12/2022	31/01/2023	Dutch	PDF
Abridged model	30/06/2021	21/01/2022	31/01/2022	Dutch	PDF
Abridged model	30/06/2020	04/12/2020	15/02/2021	Dutch	PDF
Abridged model	30/06/2019	06/12/2019	31/01/2020	Dutch	PDF
Abridged model	30/06/2018	07/12/2018	30/01/2019	Dutch	PDF
Abridged model	30/06/2017	01/12/2017	29/01/2018	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 7 ended

Active mandates

Kristina Hunt

Director · since 16 février 2026

Active

LELINCO

Managing director · since 29 juin 2023 · 0803.181.774

Represented by Leën LODE

Active

Ended mandates

LELINCO

Managing director · since 29 juin 2023 · 0803.181.774

Represented by Leën LODE

Ended

Gavin Mitchell

Director · since 25 mai 2023

Ended

Patrick Leën

Director · since 23 décembre 2018

Ended

Patrick Leën

Manager · since 23 décembre 2018

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates14/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/07/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates15/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Other28/12/2015
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025454,8 k €↓
2024
Annual accounts 2024612 k €↑
2023
Annual accounts 2023-902,6 k €↓
2022
Annual accounts 2022738,3 k €↑
2020
Annual accounts 2020446,6 k €↓
2019
Annual accounts 2019686,5 k €↑
2018
Annual accounts 201811,4 k €↓
2017
Annual accounts 201728,9 k €
23/12/2015
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Veterinary Solutions

Overview

What does Veterinary Solutions do?

Trend over 8 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline