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IS-PRACTICE

Active
Private limited companyfounded 2002active for 24 yearsBergdriesstraat(WOM) 4, 3350 Linter, BelgiumKBO/BCE: BE 0478.042.526
Summary

IS-PRACTICE has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €103,116 and a net result of €30,727. Equity is shrinking by about 2.7% per year across the filed financial years. The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
IS-PRACTICEActiveChecked score 99/100
Risk analysis ReportCompare

Overview

Activity
“Alle mogelijk advies- en/of dienstenfuncties op het vlak van Informatie en Communicatie Technologie en…” (deed in Dutch)
From the articles, 23 activitiesNo NACE code in the KBO yet1 site
Size
€136,197total assets 2025
Equity
€103,116
Profit
€30,727
Financial health
99 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2025 accounts filed 21 days late1 of 4 deeds summarised
Why 99raises riskSector: Wholesale trade (NACE 46)lowers riskLiquidity: current ratio 3.77, cash €89,233Equity €103,116 (75.7% of total assets)Founded in 2002Show the evidence

Checked score

Score 2025
99 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 89% of its sector peers (NACE 46, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 100+25
equity 75.7% of total assets
Liquidity 94+18
short-term debt 19.2% · cash 65.5%
Profitability 97-1
return on assets 22.6%
Bankruptcy probability, 12 months
< 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 0.4% (26,883 companies, NACE 46, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.1%▼ -0.1 percentage points vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026highest value 09-2026: < 0.1%▼ -0.2 percentage points vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.77, compared with 1.48 in 2024, above the usual 1.5; short-term debt: 19.2% and cash: 65.5% of total assets), and 24.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 90% on solvency, 92% on liquidity, 89% on profitability and 86% on growth.

The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 3.77, cash €89,233
NBB · annual accounts
lowers risk · Equity €103,116 (75.7% of total assets)
NBB · annual accounts
lowers risk · Founded in 2002
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Wholesale trade (NACE 46)
KBO
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €103,116
neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
21 days late
2024
77 days early
2023
15 days early
2022
7 days early
2021
25 days early
2020
12 days early
2019
16 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 19 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 17 July (4 of the last 5 filed years within 35 days of that day).
Companies Code · seven months
Where today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Liquidity more than doubledcurrent ratio 3.77
  3. Equity above €100,000equity €103,116 ▲42.4%

Key points

  • EU research moneyEU contribution €959,750 View
  • Board2 directors in office 2 View
  • Total assets 20256 financial years filed €136,197 View

By topic

Financials

Financial year
2025
Total assets
€136,197
Profit
€30,727
Solvency
75.7%
Total assets▼ 5.5%
Net result
20182025
Go to Financials

Board & ownership

Board
2 members
  • KERSCHOT Hugo Franciscus JeanineDirector
  • PANIS Myrjam Isabelle LambertDirector
Go to Board & ownership

Timeline

Events
31
Since
2004
Next accounts
by 31-07-2027
  1. 15-05-2025Annual accounts filed
  2. 31-12-2024Back to profit
  3. 16-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Founded
02-08-2002
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
28
Annual meeting
First Friday of March at 11:00
Purpose
“Alle mogelijk advies- en/of dienstenfuncties op het vlak van Informatie en Communicatie…” (deed in Dutch)
Go to Articles of association

Key facts about IS-PRACTICE

What is the company number of IS-PRACTICE?
0478.042.526. In Belgium the VAT number is the company number with BE in front: BE 0478.042.526.
Where is IS-PRACTICE based?
The registered office is at Bergdriesstraat(WOM) 4, 3350 Linter.Company details
What is the legal form of IS-PRACTICE?
Private limited company (BV).
When was IS-PRACTICE founded?
On 02-08-2002.
Is IS-PRACTICE still active?
Yes, IS-PRACTICE is an active enterprise in the KBO register.
How many employees does IS-PRACTICE have?
On average 1 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
What is the turnover of IS-PRACTICE?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is IS-PRACTICE profitable?
In financial year 2025, IS-PRACTICE made a profit of €30,727.
Where can I find the annual accounts of IS-PRACTICE?
IS-PRACTICE filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of IS-PRACTICE due?
By 31-07-2027, for financial year 2026.Timeline

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How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What support did similar companies receive that this one did not?Subsidies How does this company compare with its sector?Sector benchmark

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