Limited partnership · founded 2018 · active for 8 yearsGrensstraat 22, 2560 Nijlen, BelgiumKBO/BCE: BE 0698.998.034
Summary
In Practice has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2022 annual accounts show equity of €188,601 and a net result of €38,648. Its solvency ranks better than 88% of 15,881 sector peers (NACE 62, financial year 2022). The computed 12-month bankruptcy probability is below 0.1% (very low).
Computer consultancy and computer facilities management
NACE 62200
1 site
Size
€212,174total assets 2022
Equity
€188,601
Profit
€38,648
Turnover not published (micro format)
Financial health
Bankruptcy probabilitywithin 12 months
< 0.1%
2022 figures too old to score
Structure
Accounts 42 days early0 of 2 deeds read
Signalsraises riskFigures for financial year 2022 (filed 20-06-2023)lowers riskLiquidity: current ratio 9.01, cash €204,279Sector: Computer programming, consultancy and related activities (NACE 62)Equity €188,601 (88.9% of total assets)neutralLatest accounts filed on timeShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Financial strength, FY 2022
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency100
equity 88.9% of total assets
Liquidity99
short-term debt 11.0% · cash 96.3%
Profitability92
return on assets 18.2%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
< 0.1%Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.1% (25,850 companies, NACE 62, micro)
Last 24 months11-2024: < 0.1%lowest value12-2024: < 0.1%● unchanged vs 11-202401-2025: 0.1%▲ +0.1 percentage points vs 12-202402-2025: 0.1%● unchanged vs 01-202503-2025: 0.1%● unchanged vs 02-2025highest value04-2025: 0.1%● unchanged vs 03-202505-2025: 0.1%● unchanged vs 04-202506-2025: 0.1%● unchanged vs 05-202507-2025: 0.1%● unchanged vs 06-202508-2025: 0.1%● unchanged vs 07-202509-2025: 0.1%● unchanged vs 08-202510-2025: 0.1%● unchanged vs 09-202511-2025: 0.1%● unchanged vs 10-202512-2025: 0.1%● unchanged vs 11-202501-2026: 0.1%● unchanged vs 12-202502-2026: 0.1%● unchanged vs 01-202603-2026: 0.1%● unchanged vs 02-202604-2026: 0.1%● unchanged vs 03-202605-2026: 0.1%● unchanged vs 04-202606-2026: 0.1%● unchanged vs 05-202607-2026: 0.1%● unchanged vs 06-202608-2026: 0.1%● unchanged vs 07-202609-2026: 0.1%● unchanged vs 08-202610-2026: < 0.1%▼ -0.1 percentage points vs 09-2026
tick = median of all Belgian filingsring = median in the sector
This company filed its 2022 accounts 42 days before the deadline; the sector median (NACE 62) for financial year 2022 is 5 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
Annual accounts filedfinancial year 2022 · micro…
Key points
Positive: Among the best 12% on solvencysector median 60.5% · 15,881 companies88.9%View