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PRACA

Inactive KBO/BCE: BE 0841.501.922

Overview

Lifetime

9 annual accounts with figures on one time axis
Gross marginpeak €133,521 (2015)
-€4,499▲ €8,742
Resultlowest -€13,375 (2019)
-€4,440▲ €8,935
Equitypeak €31,672 (2015)
€6,443▼ 40.8%
Debts
-not published
Staffpeak 2.3 FTE (2016)
-not published
Board3 names since 2021
- 
Documentsfilings and deeds
17-03-2021136 days before the deadline
2020micro format
Gross margin from -€13,242 to -€4,499Loss of €4,440Equity from €10,883 to €6,443Cash from €1,115 to €4,564

Key points

from the 2020 annual accounts, the last ones filed

Losses

-€17,816 in two years
-13,3752019-4,4402020

The 2019 and 2020 financial years closed with a loss. 2019 was the heaviest.

Filings

9 annual accounts 1 late
AprilJune31 JulyOctober20152020

The 2016 accounts came 17 days late. The other eight were filed on time.

No scoreTurnover not published (micro format)

Board and ownership

JK
Director
Board & ownership

Recent changes

Judicial dissolution and immediate closure Enterprise Court of Antwerp, Hasselt division · judgment of 25-04-2024 · Bankruptcy
Registered office moved from Houthalen-Helchteren to Zonhoven New registered office: Industrieweg-Zuid 1306 te 3520 Zonhoven · Previous registered office: Centrum-Zuid 1526, 3530 Houthalen-Helchteren · General meeting of 21-09-2022 · Gazette deed
Company renamed to PRACA New name: PRACA · Resignation: Europe Consult HU Kft (manager and director) · Permanent representative: STAVRIDIS Paul · Gazette deed
Registered office moved from Zonhoven to Houthalen-Helchteren New registered office: Centrum Zuid 1526, 3530 Houthalen-Helchteren · Previous registered office: Betteshof 39, 3520 Zonhoven · Resignation: Joris Broux (manager) · General meeting of 18-06-2021 · Gazette deed
All 18 events

Official details

Source: KBO
Status
Inactivedeed of incorporation of 14-12-2011 · dissolved and closed by the court on 25-04-2024
Activity
“Algemene bouwonderneming met coördinatie van onderaanneming,het toezien op bouwwerkzaamheden(ruwbouw,installatie,afwerking,enz..),werfplanning,-opvolging en coördinatie” (deed in Dutch)From the articles, 49 activitiesNo NACE code in the KBO yet
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2020

Gross margin
-€4,499▲ 66.0%
Loss
€4,440▼ 66.8%
Equity
€6,443▼ 40.8%
Total assets
€6,443▼ 91.0%
Filing
Filed on 17-03-2021
Financials

Insights on PRACA

Inactive. The last annual accounts are for financial year 2020.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2020

micro format, filed on 17-03-2021, 136 days before the deadline
Gross margin
-€4,499
▲ €8,742
Operating result
-€4,554
▲ €8,804
EBITDA
-
Cash flow
-
Solvency
100.0%
▲ 84.8 percentage points
Current ratio
-

Turnover and EBIT margin are not published. The micro format does not require them.

Money flows

no detail for 2020

Balance sheet

balance sheet total €6,443 on 31-12-2020
What the company ownsHow it is paid for

Change in equityin euro

Change in cashin euro

Staff

Staff cost per FTE

Staff costs divided by the average number of full-time equivalents.

Joined and left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202020192018201720162015201420132012
Balance sheet: assets
Total assets20/58 6,44371,37325,35244,809118,202124,079138,277121,64985,619
Fixed assets21/28 --1,10513,76558,11774,12693,62474,74953,778
Tangible fixed assets22/27 --1,10513,76558,11774,12693,62474,74953,778
Plant, machinery and equipment23 --1,1053,74039,05343,70455,45560,12935,501
Furniture and vehicles24 ---2,8434,7004,9961,3072,2321,636
Other tangible fixed assets26 -----4389181,3981,878
Current assets29/58 6,44371,37324,24731,04460,08549,95244,65246,90031,841
Stocks and contracts in progress3 ----5,50411,32121,2786,0406,834
Stocks30/36 ----5,50411,3212,0003,4176,834
Contracts in progress37 ------19,2782,624-
Amounts receivable within one year40/41 1,87970,25820,88428,51445,15137,26814,22418,3281,793
Trade receivables40 -68,26418,67127,91442,36035,8808,01616,429925
Other amounts receivable41 1,8791,9932,2145992,7901,3886,2081,899868
Cash at bank and in hand54/58 4,5641,1153,3622,1959,09579778322,46123,052
Deferred charges and accrued income490/1 ---3353355668,36872162
Balance sheet: equity and liabilities
Total equity and liabilities10/49 6,44371,37325,35244,809118,202124,079138,277121,64985,619
Equity10/15 6,44310,88324,25922,12023,21631,67221,27029,51117,870
Contributions10/11 6,2006,2006,2006,2006,2006,2006,2006,2006,200
Issued capital100 -18,60018,60018,60018,60018,60018,60018,60018,600
Uncalled capital101 -12,40012,40012,40012,40012,40012,40012,40012,400
Reserves13 1,8604,68318,05915,92017,01625,47215,07023,31111,670
Non-distributable reserves130/1 1,860--------
Legal reserve130 -1,8601,8601,8601,8601,8601,8601,8601,860
Reserves not available under the articles1311 1,860--------
Distributable reserves133 -2,82316,19914,06015,15623,61213,21021,4519,810
Profit (loss) carried forward14 -1,617--------
Amounts payable17/49 -60,4901,09322,68894,98592,406117,00792,13867,749
Amounts payable after more than one year17 ---1,87517,97226,68954,75842,79841,698
Financial debts170/4 ---1,87517,97226,68954,75842,79841,698
Amounts payable within one year42/48 -60,1909319,81375,85364,55561,02548,08925,052
Current portion of amounts payable after more than one year42 ---8,07618,05128,73327,75216,96211,460
Financial debts43 -----14,42322,021--
Credit institutions430/8 -----14,42322,021--
Trade debts44 -60,190-7,49234,15618,9042,60212,3602,704
Suppliers440/4 -60,190-7,49234,15618,9042,60212,3602,704
Taxes, remuneration and social security45 --934,24523,6462,4458,62818,76710,817
Taxes450/3 --934,24512,1482,4454,54018,7679,193
Remuneration and social security454/9 ----11,498-4,088-1,624
Other amounts payable47/48 -----5023-71
Accrued charges and deferred income492/3 -3001,0001,0001,1601,1621,2241,2511,000
Income statement
Turnover70 --------282,868
Non-recurring operating income76A -3957,40523,938-----
Gross operating margin9900 -4,499-13,2427,229113,136117,180133,521100,40674,14267,134
Goods, raw materials, services and sundry goods60/61 --------216,382
Remuneration, social security and pensions62 --1,56894,13588,63682,91873,06634,10432,397
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 --2,33312,92532,89831,86530,72920,15715,885
Other operating charges640/8 551166231,9882,0212,3131,877430217
Non-recurring operating charges66A -------2,413-
Operating profit (loss)9901 -4,554-13,3582,7054,088-6,37516,425-5,26619,45118,635
Financial income75/76B 16513388801,6351,6031,7552,1031,296
Recurring financial income75 16513388801,6351,6031,7552,1031,296
Financial charges65/66B 511505624,9353,5695,1804,6143,6604,411
Recurring financial charges65 511505622,5983,5695,1804,6143,6604,411
Non-recurring financial charges66B ---2,338-----
Profit (loss) for the period before taxes9903 -4,440-13,3752,231-766-8,30912,848-8,12515,48115,519
Income taxes67/77 --933291472,4461163,8403,850
Profit (loss) for the period9904 -4,440-13,3752,138-1,096-8,45610,402-8,24111,64111,670
Profit (loss) for the period to be appropriated9905 -4,440-13,3752,138-1,096-8,45610,402-8,24111,64111,670
Appropriation of the result
Profit (loss) to be appropriated9906 -4,440-13,3752,138-1,096-8,45610,402-8,24111,64111,670
Transfer from equity791/2 2,82313,375-1,0968,456-8,241--
Transfer to equity691/2 --2,138--10,402-11,64111,670
To the legal reserve6920 --------1,860
To other reserves6921 --2,138--10,402-11,6419,810
Social balance sheet
Average staff (FTE)9087 ---2.32.3221.51
Hours worked1013 ---3,1433,0322,8702,8681,3201,304
Document PDFPDFPDFPDFPDFPDFPDFPDFPDF

Source: Annual accounts 2020 (PDF), filed on 17-03-2021.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2020 micro format 17-03-2021 2021-08100342 PDF
31-12-2019 micro format 18-06-2020 2020-19700135 PDF
31-12-2018 micro format 18-06-2019 2019-20500420 PDF
31-12-2017 micro format 23-07-2018 2018-37100570 PDF
31-12-2016 micro format 17-08-2017 2017-44700165 PDF
31-12-2015 abbreviated format 14-06-2016 2016-18900042 PDF
31-12-2014 abbreviated format 01-07-2015 2015-26600440 PDF
31-12-2013 abbreviated format 17-06-2014 2014-18700404 PDF
31-12-2012 abbreviated format 20-06-2013 2013-20100103 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202020192018201720162015201420132012
EBITDA --5,03817,01426,52348,29125,46339,60734,520
Cash flow --4,47111,82924,44242,26822,48831,79827,555
Investment in fixed assets --11,3723,86416,88912,36749,60547,26169,663
Change in cash 3,449-2,2471,167-6,9008,29815-21,678-591-
Working capital -11,18324,15411,230-15,768-14,603-16,372-1,1896,790
EBIT margin --------6.6%
Solvency 100.0%15.2%95.7%49.4%19.6%25.5%15.4%24.3%20.9%
Current ratio -1.19-1.570.790.770.730.981.27
Quick ratio -1.19-1.570.720.600.380.851.00
Debt to equity -5.560.051.034.092.925.503.123.79
ROE -68.9%-122.9%8.8%-5.0%-36.4%32.8%-38.7%39.4%65.3%
ROA -68.9%-18.7%8.4%-2.4%-7.2%8.4%-6.0%9.6%13.6%
Customer credit --------1 day
Supplier credit --------5 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on PRACA

The operating result for 2020 is a loss of €4,554, smaller than the loss of €13,358 in 2019.

Board & ownership

Last board

1 director, last change in 2022
Director
appointed by deed of 27-04-2022
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Artikel 11. Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan…”
deed of 27-04-2022

Office holders in the KBO →

Mandates through the years

3 names, the dashed line is today
Europe Consult Hu Kft
Manager and director
BoardEarliermandate already running before its first mention
Mandates as a list
  • JURCABA Krzysztof
    • Director, appointed by deed of 27-04-2022, still in office
  • Europe Consult Hu Kft
    • Manager and director, until 27-04-2022
  • Joris Broux
    • Manager, until 18-06-2021

See the board, name and registered office on a given date →

Control

Capital

Contribution
€6,200
Source
2019 annual accounts

Articles of association

deed of 27-04-2022 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
“Benoemende algemene vergadering bepaalt aantal,duur en bij meerdere bevoegdheid, algemene kosten los van representatie-,reis-en…”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Friday of June at 18:00
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Wettelijk voorziene machten tenzij anders beslist met gewone meerderheid, ter bevestiging of homologatie aan Voorzitter bevoegde rechtbank…”

Network & group

No group

PRACA has no parent and no holdings in its annual accounts. JURCABA Krzysztof is the only director. PRACA shares no director with another company.

Timeline

Timeline

18 events since 2011
2024
Judicial dissolution and immediate closure Enterprise Court of Antwerp, Hasselt division · judgment of 25-04-2024
2022
Registered office moved from Houthalen-Helchteren to ZonhovenNew registered office: Industrieweg-Zuid 1306 te 3520 Zonhoven · Previous registered office: Centrum-Zuid 1526, 3530 Houthalen-Helchteren · General meeting of 21-09-20222 points ▸
  • General meeting, 21-09-2022
  • Registered-office move, Industrieweg-Zuid 1306 te 3520 Zonhoven

Open the deed in the Belgian Official Gazette

Company renamed to PRACANew name: PRACA · Resignation: Europe Consult HU Kft (manager and director) · Permanent representative: STAVRIDIS Paul9 points ▸
  • Name change, PRACA
  • Purpose change, “Reparatie van producten van metaal,machines en apparaten; Installatie van industriële machines,toestellen en werktuigen; Overige gespecialiseerde…” (deed in Dutch)
  • 100 shares
  • Director resignation, Europe Consult HU Kft (manager and director)
  • Director discharge, Europe Consult HU Kft
  • Permanent representative, STAVRIDIS Paul
  • Director appointment, JURCABA Krzysztof
  • Registered office clause, Centrum Zuid 1526, 3530 Houthalen-Helchteren
  • Power of attorney, Myrrhine VROLIX
  • The deed holds 5 more points.

Open the deed in the Belgian Official Gazette

2021
Registered office moved from Zonhoven to Houthalen-HelchterenNew registered office: Centrum Zuid 1526, 3530 Houthalen-Helchteren · Previous registered office: Betteshof 39, 3520 Zonhoven · Resignation: Joris Broux (manager) · General meeting of 18-06-20216 points ▸
  • General meeting, 18-06-2021
  • Director resignation, Joris Broux (manager)
  • Director discharge, Joris Broux (manager)
  • Director appointment, Europe Consult HU Kft (manager)
  • Permanent representative, Paul Stavridis
  • Registered-office move, Centrum Zuid 1526, 3530 Houthalen-Helchteren

Open the deed in the Belgian Official Gazette

Annual accounts 2020 filed PDFmicro format · 136 days before the deadline
2020
Annual accounts 2019 filed PDFmicro format · 43 days before the deadline
2019
Weakest financial year net -€13,375 The net result drops to -€13,375, the lowest from 2012 to 2020.
Annual accounts 2018 filed PDFmicro format · 43 days before the deadline
2018
Back to profit net €2,138 The net result is €2,138, after 2 loss-making years.
Liquidity more than 166 times current ratio 260.72 The current ratio rises from 1.57 to 260.72. Short-term debt falls from €19,813 to €93.
Annual accounts 2017 filed PDFmicro format · 8 days before the deadline
2017
Annual accounts 2016 filed PDFmicro format · 17 days late
2016
Annual accounts 2015 filed PDFabbreviated format · 47 days before the deadline
2015
Back to profit net €10,402 The net result is €10,402, after one loss-making year.
Annual accounts 2014 filed PDFabbreviated format · 30 days before the deadline
2014
Annual accounts 2013 filed PDFabbreviated format · 44 days before the deadline
2013
Annual accounts 2012 filed PDFabbreviated format · 41 days before the deadline
2011
Incorporation PDF4 publications in the Belgian Official Gazette, the last on 26-10-2022

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

The registered office moved to Houthalen-Helchteren in 2021 and to te in 2022.12 The name was changed to PRACA in 2022.3 Total assets went from €25,352 in 2018 to €6,443 in 2020.4

  1. 1Belgian Official Gazette, 23-07-2021
  2. 2Belgian Official Gazette, 26-10-2022
  3. 3Belgian Official Gazette, 27-04-2022
  4. 4National Bank, annual accounts 2018 and 2020

Company details

Purpose, financial year and meetings according to the articles of association

Name, seat, purpose and duration

PurposeThe purpose describes the activities the company may carry out under its articles.
“Algemene bouwonderneming met coördinatie van onderaanneming,het toezien op…”
49 activities
  1. Algemene bouwonderneming met coördinatie van onderaanneming,het toezien op bouwwerkzaamheden(ruwbouw,installatie,afwerking,enz..),werfplanning,-opvolging en coördinatie
  2. Waterbouwkundige werken
  3. Burgerlijke bouwkunde
  4. Metaalconstructies
  5. Grondwerken
  6. Ruwbouwwerken en alle metsel- en betonwerken
  7. Warmte- en geluidsisoleringswerken,scheidingswanden en valse plafonds
  8. Marmer- en steenbouwwerk
  9. Timmer- en schrijnwerk voor gebouwen
  10. Smeedwerken
  11. Alle dakbedekkingswerken
  12. Alle tegel- en faiencewerken,het plafonneren,cementeren en alle andere pleisterwerken,chapes en industriële vloeren
  13. Het schilderen van gebouwen en industriële schilderwerken
  14. Glazenmakerswerken
  15. Parketwerken
  16. Het installeren van sanitaire inrichtingen,gasverwarming,thermische installaties en centrale verwarming
  17. De installaties voor ventilatie,luchtverwarming en airconditioning
  18. Het plaatsen van ijzerwerk,metalen luiken,metalen schrijnwerk en metalen constructies
  19. Het invoegen en reinigen van gevels
  20. Zinkwerken
  21. Restauratie van monumenten en historische gebouwen
  22. Het plaatsen van alle wand- en vloerbekleding
  23. Riolerings- en moerrioleringswerken
  24. Alle grondwerken met inbegrip van paalfundering,dam- en diepwanden
  25. Montage- en demontagewerken,en het bouwen van metalen draagstructuren
  26. Boringen,sonderingen en injecties,draineringswerken
  27. Beplantingswerken en het aanleggen van speelpleinen,sportvelden,parkeerplaatsen en inritten
  28. Alle slopingswerken
  29. Het plaatsen van elektrische en elektromechanische voorzieningen en installaties
  30. Het uitvoeren van allerlei opmetingen en het afbakenen van percelen en eigendommen
  31. Alle onderhouds-,herstellings- en transformatiewerken met betrekking tot bovenvermelde activiteiten
  32. Advies en consultancy aan bedrijven en ondernemingen
  33. De groot- en kleinhandel,de invoer- en uitvoerhandel en de vervaardiging van alle producten,materialen en materieel die nuttig of dienstig zijn voor het uitvoeren van bovenvermelde activiteiten
  34. De verhuring van installaties,uitrusting en materieel,al dan niet met bedieningspersoneel
  35. Ondernemingen voor de projectontwikkeling van,handel in en de verhuring van onroerende goederen
  36. Reparatie van producten van metaal,machines en apparaten
  37. Installatie van industriële machines,toestellen en werktuigen
  38. Overige gespecialiseerde bouwactiviteiten
  39. Algemeen onderhoud en reparatie van auto’s en lichte bestelwagens
  40. Handelsbemiddeling gespecialiseerd in andere goederen
  41. Groothandel in hout,bouwmaterialen en sanitair
  42. Niet gespecialiseerde groothandel
  43. Verschaffen van logies voor kortstondig verblijf,al dan niet in combinatie met het verschaffen van maaltijden in hotels,motels en pensions(met hotel-service)
  44. Verhuur van al dan niet gemeubelde appartementen en huizen
  45. Verhuur op korte termijn van personenauto’s zonder chauffeur
  46. Zoeken,selecteren,verwijzen en plaatsen van personeel t.b.v.latere werkgever of werkzoeker:formulering van taakomschrijvingen;op geschiktheid testen van sollicitanten,natrekken van referenties
  47. Andere reinigingsactiviteiten
  48. Diverse administratieve activiteiten ten behoeve van kantoren
  49. Monumentenzorg
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”

General meeting and financial year

Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Friday of June at 18:00

Articles of association, deed of 27-04-2022 (in Dutch)

Inactive

PRACA is no longer in the KBO register.

Last annual accounts
financial year to 31 December 2020
Last registered office
Centrum-Zuid 1526, 3530 Houthalen-Helchterenas published on 26 October 2022
Legal form
Private limited company
First annual accounts
financial year 2012
Official KBO record