ACTIVE

VET SHOPS

Financial year 2025 · closed on 31/12/2025
Net result
159,5 k €
+2698.6% YoY
Gross margin
417,3 k €
+87.7% YoY
Equity
224,7 k €
+244.5% YoY
Workforce
1,3 ETP
-31.6% YoY

What does VET SHOPS do?

VET SHOPS is a Public limited company incorporated in 2011. Its main activity is: Wholesale of pharmaceutical goods. Its registered office is in Lummen. It employs on average 1,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0834.805.754
Incorporation
24/03/2011
Legal form
Public limited company
Registered office
Dwarsstraat 5
3560 Lummen · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Average workforce
1,3 ETP
Joint committees (1)
  • 200000
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720162015201420132012
Income statement
Gross margin417,3 k €222,3 k €55,6 k €64,2 k €68,5 k €51,4 k €132 k €-9,2 k €31,4 k €60,4 k €61,6 k €-43,9 k €40,6 k €6,3 k €
EBITDA268,3 k €59,5 k €54 k €61 k €65,2 k €-16,6 k €25,5 k €-33,9 k €24,5 k €57 k €59,8 k €25,3 k €38 k €3,6 k €
Operating result222,5 k €46,5 €-171,1 €9,9 k €25,9 k €-31,5 k €-3,6 k €-33,9 k €24,5 k €35,4 k €40,6 k €6 k €33,1 k €3,6 k €
Net result159,5 k €-6,1 k €-4,8 k €5,7 k €22,6 k €-34,8 k €-7,5 k €-35 k €-1,3 k €20,1 k €12,8 k €3,2 k €27,3 k €1,5 k €
Balance sheet
Equity224,7 k €65,2 k €71,4 k €76,1 k €70,5 k €47,8 k €82,6 k €90,1 k €125,1 k €126,4 k €106,3 k €93,5 k €90,3 k €63 k €
Total assets826,7 k €709,6 k €557,5 k €577,8 k €514,2 k €397,9 k €273,5 k €249,9 k €272 k €319,3 k €238,3 k €197,7 k €154,8 k €121 k €
Cash101,7 k €27,2 k €9,8 k €21,2 k €51,1 k €8,5 k €11,8 k €135,9 k €156,3 k €132,1 k €144,2 k €62,9 k €84,1 k €61,9 k €
Debts593,1 k €627,3 k €475,1 k €494,2 k €434,9 k €350,1 k €190,8 k €148,6 k €146,8 k €192,8 k €132 k €104,2 k €64,5 k €57,9 k €
Other
Workforce1,3 ETP1,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 15 ended

Active mandates

D.A.P. GEERT ROOVERS

Managing director · since 18 décembre 2025 · 0826.486.718

Represented by Geert Roovers

Active
D.A.P. PETER VAN DEN BUNDER

Managing director · since 16 décembre 2024 · until 18 décembre 2025 · 0859.908.364

Represented by Peter Van Den Bunder

Active
MANDELSAS

Managing director · 0666.879.948

Represented by Maarten De Gussem

Active
STEF RONSMANS

Managing director · 0470.474.249

Represented by Stefan Ronsmans

Active
TOM DUGARDIN

Managing director · 0809.859.334

Represented by Tom Dugardin

Active

Ended mandates

D.A.P. PETER VAN DEN BUNDER

Managing director · since 16 décembre 2024 · 0859.908.364

Represented by Peter Van Den Bunder

Ended
MANDELSAS

Managing director · since 16 décembre 2024 · 0666.879.948

Represented by Maarten De Gussem

Ended
STEF RONSMANS

Managing director · since 16 décembre 2024 · 0470.474.249

Represented by Stefan Ronsmans

Ended
TOM DUGARDIN

Managing director · since 16 décembre 2024 · 0809.859.334

Represented by Tom Dugardin

Ended
At this address

Other companies at this address

CompanyCBE no.
FINVETActive
0786.914.577
PEHESTATActive
0640.760.719
REGULUSActive
0700.597.247
1017.459.625
1017.392.418
VETSOLUTIONSActive
0876.663.630
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/06/202627/06/202530/08/202418/07/202320/06/202228/06/2021
General meeting19/06/202620/06/202503/06/202405/06/202307/06/202207/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202519/06/202630/06/2026DutchPDF
Abridged model31/12/202420/06/202527/06/2025DutchPDF
Abridged model31/12/202303/06/202430/08/2024DutchPDF
Abridged model31/12/202205/06/202318/07/2023DutchPDF
Micro model31/12/202107/06/202220/06/2022DutchPDF
Micro model31/12/202007/06/202128/06/2021DutchPDF
Micro model31/12/201902/06/202024/06/2020DutchPDF
Micro model31/12/201803/06/201905/07/2019DutchPDF
Micro model31/12/201728/02/201808/03/2018DutchPDF
Abridged model31/12/201615/02/201717/02/2017DutchPDF
Abridged model31/12/201515/03/201615/04/2016DutchPDF
Abridged model31/12/201401/04/201503/06/2015DutchPDF
Abridged model31/12/201302/04/201424/04/2014DutchPDF
Abridged model31/12/201215/04/201323/05/2013DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 5 active · 15 ended

Active mandates

D.A.P. GEERT ROOVERS

Managing director · since 18 décembre 2025 · 0826.486.718

Represented by Geert Roovers

Active
D.A.P. PETER VAN DEN BUNDER

Managing director · since 16 décembre 2024 · until 18 décembre 2025 · 0859.908.364

Represented by Peter Van Den Bunder

Active
MANDELSAS

Managing director · 0666.879.948

Represented by Maarten De Gussem

Active
STEF RONSMANS

Managing director · 0470.474.249

Represented by Stefan Ronsmans

Active
TOM DUGARDIN

Managing director · 0809.859.334

Represented by Tom Dugardin

Active

Ended mandates

D.A.P. PETER VAN DEN BUNDER

Managing director · since 16 décembre 2024 · 0859.908.364

Represented by Peter Van Den Bunder

Ended
MANDELSAS

Managing director · since 16 décembre 2024 · 0666.879.948

Represented by Maarten De Gussem

Ended
STEF RONSMANS

Managing director · since 16 décembre 2024 · 0470.474.249

Represented by Stefan Ronsmans

Ended
TOM DUGARDIN

Managing director · since 16 décembre 2024 · 0809.859.334

Represented by Tom Dugardin

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates06/02/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/01/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - MAATSCHAPPELIJKE ZETEL - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates06/02/2019
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/04/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other06/04/2011
    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

Timeline

  1. 2025
    Annual accounts 2025159,5 k €
  2. 2024
    Annual accounts 2024-6,1 k €
  3. 2023
    Annual accounts 2023-4,8 k €
  4. 2022
    Annual accounts 20225,7 k €
  5. 2021
    Annual accounts 202122,6 k €
  6. 2020
    Annual accounts 2020-34,8 k €
  7. 2019
    Annual accounts 2019-7,5 k €
  8. 2018
    Annual accounts 2018-35 k €
  9. 2017
    Annual accounts 2017-1,3 k €
  10. 2016
    Annual accounts 201620,1 k €
  11. 2015
    Annual accounts 201512,8 k €
  12. 2014
    Annual accounts 20143,2 k €
  13. 2013
    Annual accounts 201327,3 k €
  14. 2012
    Annual accounts 20121,5 k €
  15. 24/03/2011
    IncorporationPublic limited company