ACTIVE

DIERENARTSPRAKTIJK DE LETTER PAUL

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Financial year 2025 · closed on 31/12/2025
Net result
1,4 M €
+191.4% YoY
Gross margin
148,3 k €
+14.5% YoY
Equity
2,6 M €
+79.4% YoY

What does DIERENARTSPRAKTIJK DE LETTER PAUL do?

DIERENARTSPRAKTIJK DE LETTER PAUL is a Private limited company incorporated in 2011. Its main activity is: Veterinary activities. Its registered office is in Merksplas.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0841.581.797
Incorporation
05/12/2011
Legal form
Private limited company
Registered office
Heiseneinde 64
2330 Merksplas · FlandreSee on map
Contributed capital
12 400,00 €
Latest accounts
31/12/2025
Activities (NACE)
75000Veterinary activities· main75000Veterinary activities
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120192018201720162015201420132012
Income statement
Gross margin148,3 k €129,6 k €85,4 k €87,9 k €131,1 k €320,1 k €227,7 k €168,2 k €162,3 k €182,1 k €152,8 k €63,7 k €96,2 k €
EBITDA144,6 k €126,1 k €81,8 k €48,8 k €128,4 k €316,1 k €99,7 k €142,6 k €152 k €173,7 k €151,1 k €62,1 k €94,3 k €
Operating result52,1 k €37,9 k €-2,2 k €-28,3 k €61,2 k €245,2 k €65,6 k €84,4 k €91,4 k €118,5 k €77 k €30 k €58 k €
Net result1,4 M €477,4 k €432,7 k €115,7 k €33,5 k €208,7 k €495,7 k €43,6 k €56,3 k €60,2 k €113,6 k €13,9 k €33,5 k €
Balance sheet
Equity2,6 M €1,4 M €1,2 M €893,7 k €882,7 k €1 M €829,2 k €333,4 k €289,8 k €233,5 k €173,3 k €59,8 k €45,9 k €
Total assets3,5 M €2,3 M €2,1 M €1,7 M €1,7 M €1,9 M €1,5 M €931,3 k €945,5 k €1 M €897 k €391,4 k €428,2 k €
Cash494,1 k €706,1 k €23,8 k €302,8 k €395 k €292,7 k €269,8 k €125,6 k €100,9 k €121,4 k €48,8 k €48,7 k €18 k €
Debts836,8 k €806,9 k €921,7 k €734,1 k €652,5 k €714,1 k €555,6 k €575,4 k €639,3 k €773,8 k €720,5 k €327 k €377 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Paul de Letter

Managing director · since 16 décembre 2011

Active

Ended mandates

Paul De Letter

Mandate

Ended
Paul DE LETTER

Director

Ended
At this address

Other companies at this address

CompanyCBE no.
IMMO VEPA● Active
0785.578.452
MERVAR● Active
0771.968.956
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro 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 date08/06/202623/07/202501/07/202429/08/202302/05/202217/08/2021
General meeting05/06/202627/06/202528/06/202430/06/202330/04/202225/06/2021
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
Micro model31/12/202505/06/202608/06/2026DutchPDF
Micro model31/12/202427/06/202523/07/2025DutchPDF
Micro model31/12/202328/06/202401/07/2024DutchPDF
Micro model31/12/202230/06/202329/08/2023DutchPDF
Micro model31/12/202130/04/202202/05/2022DutchPDF
Micro model31/12/202025/06/202117/08/2021DutchPDF
Micro model31/12/201901/09/202001/09/2020DutchPDF
Micro model31/12/201829/06/201930/08/2019DutchPDF
Micro model31/12/201730/06/201831/08/2018DutchPDF
Micro model31/12/201630/06/201727/07/2017DutchPDF
Abridged model31/12/201530/06/201617/08/2016DutchPDF
Abridged model31/12/201430/06/201520/08/2015DutchPDF
Abridged model31/12/201327/06/201416/07/2014DutchPDF
Abridged model31/12/201228/06/201325/07/2013DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 1 active · 2 ended

Active mandates

Paul de Letter

Managing director · since 16 décembre 2011

Active

Ended mandates

Paul De Letter

Mandate

Ended
Paul DE LETTER

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/03/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office26/06/2015
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other02/07/2012
    DIVERSEN
    PDF
  • Other16/12/2011
    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 20251,4 M €↑
  2. 2024
    Annual accounts 2024477,4 k €↑
  3. 2023
    Annual accounts 2023432,7 k €↑
  4. 2022
    Annual accounts 2022115,7 k €↑
  5. 2021
    Annual accounts 202133,5 k €↓
  6. 2019
    Annual accounts 2019208,7 k €↓
  7. 2018
    Annual accounts 2018495,7 k €↑
  8. 2017
    Annual accounts 201743,6 k €↓
  9. 2016
    Annual accounts 201656,3 k €↓
  10. 2015
    Annual accounts 201560,2 k €↓
  11. 2014
    Annual accounts 2014113,6 k €↑
  12. 2013
    Annual accounts 201313,9 k €↓
  13. 2012
    Annual accounts 201233,5 k €
  14. 05/12/2011
    IncorporationPrivate limited company