ACTIVE

MD-VET

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Financial year 2025 · closed on 31/12/2025
Net result
51,5 k €
-19.9% YoY
Gross margin
133,1 k €
-7.9% YoY
Equity
284 k €
-3.3% YoY

What does MD-VET do?

MD-VET is a Private limited company incorporated in 2011. Its main activity is: Veterinary activities. Its registered office is in Wingene.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0841.688.794
Incorporation
09/12/2011
Legal form
Private limited company
Registered office
Verrekijker 38
8750 Wingene · FlandreSee on map
Contributed capital
12 400,00 €
Latest accounts
31/12/2025
Activities (NACE)
75000Veterinary activities· main75000Veterinary activities
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202019201720162015201420132012
Income statement
Gross margin133,1 k €144,5 k €141,5 k €112,7 k €153,9 k €148,4 k €134,6 k €91,9 k €56,1 k €58,7 k €70 k €68,2 k €47,8 k €
EBITDA126,5 k €138,7 k €129,8 k €105,9 k €147,2 k €131,5 k €120,6 k €86,8 k €51,9 k €57,6 k €66,3 k €64,3 k €42 k €
Operating result84,9 k €103,4 k €96,9 k €57,5 k €103,5 k €100,9 k €88,6 k €64,4 k €29,1 k €39 k €46,1 k €43,4 k €25,1 k €
Net result51,5 k €64,3 k €59,9 k €31,8 k €64 k €61,1 k €49 k €30,4 k €9,7 k €13,3 k €19,3 k €14,8 k €13 k €
Balance sheet
Equity284 k €293,6 k €276,6 k €235,2 k €233,8 k €179,5 k €178,9 k €113 k €82,6 k €72,9 k €59,6 k €40,2 k €19,2 k €
Total assets666,9 k €733,7 k €712,7 k €749,3 k €812,5 k €782 k €799,1 k €453,9 k €333,7 k €329 k €362,6 k €371,6 k €220,3 k €
Cash27,4 k €48,8 k €3,2 k €7,8 k €2,1 k €11,3 k €524,1 €1,4 k €–––––
Debts381,8 k €438,3 k €436 k €514 k €578,5 k €601,8 k €620,1 k €340,3 k €250,4 k €255,7 k €302,2 k €330,4 k €201,1 k €
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 · 2 active · 2 ended

Active mandates

Brenda Depickere

Director

Active
Gregory Minne

Director

Active

Ended mandates

Brenda Depickere

Manager

Ended
Gregory Minne

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
MILLPLEDGE EUROPE● Active
0674.755.754
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 date15/06/202603/06/202514/06/202412/06/202310/06/202212/08/2021
General meeting01/06/202602/06/202503/06/202405/06/202307/06/202207/06/2021
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
Micro model31/12/202501/06/202615/06/2026DutchPDF
Micro model31/12/202402/06/202503/06/2025DutchPDF
Micro model31/12/202303/06/202414/06/2024DutchPDF
Micro model31/12/202205/06/202312/06/2023DutchPDF
Micro model31/12/202107/06/202210/06/2022DutchPDF
Micro model31/12/202007/06/202112/08/2021DutchPDF
Micro model31/12/201902/06/202013/07/2020DutchPDF
Micro model31/12/201803/06/201917/06/2019DutchPDF
Micro model31/12/201704/06/201818/06/2018DutchPDF
Micro model31/12/201606/06/201708/06/2017DutchPDF
Abridged model31/12/201506/06/201613/06/2016DutchPDF
Abridged model31/12/201401/06/201530/06/2015DutchPDF
Abridged model31/12/201302/06/201429/08/2014DutchPDF
Abridged model31/12/201203/06/201323/08/2013DutchPDF
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 · 2 active · 2 ended

Active mandates

Brenda Depickere

Director

Active
Gregory Minne

Director

Active

Ended mandates

Brenda Depickere

Manager

Ended
Gregory Minne

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates30/07/2020
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other06/10/2017
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office25/04/2013
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other21/12/2011
    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 202551,5 k €↓
  2. 2024
    Annual accounts 202464,3 k €↑
  3. 2023
    Annual accounts 202359,9 k €↑
  4. 2022
    Annual accounts 202231,8 k €↓
  5. 2021
    Annual accounts 202164 k €↑
  6. 2020
    Annual accounts 202061,1 k €↑
  7. 2019
    Annual accounts 201949 k €↑
  8. 2017
    Annual accounts 201730,4 k €↑
  9. 2016
    Annual accounts 20169,7 k €↓
  10. 2015
    Annual accounts 201513,3 k €↓
  11. 2014
    Annual accounts 201419,3 k €↑
  12. 2013
    Annual accounts 201314,8 k €↑
  13. 2012
    Annual accounts 201213 k €
  14. 09/12/2011
    IncorporationPrivate limited company