Equity
€232,998 ▲ 13.7%
PracticalBits paid out €45,000 in dividends. That is 62% of the 2025 profit.
PracticalBits
Lifetime
4 annual accounts with figures on one time axispeak €89,296 (2025)
€89,296▲ 0.4%
peak €73,132 (2025)
€73,132▲ 4.6%
peak €232,998 (2025)
€232,998▲ 13.7%
€10,584▲ 0.8%
Board1 name since 2021
1 director
Documentsfilings and deeds
07-06-202654 days before the deadline
2025micro format
Dividend €45,000Equity from €204,865 to €232,998
Key points
from the 2025 annual accountsTurnover
≈ €170,000 estimated
The micro format states no turnover.
Position in the sector
95.7%
Higher solvency than 95% of companies in computer programming and consultancy. Sector median 60.0% · 22,039 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 39,274 companies had the same profile as PracticalBits has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,274 companies, not a prediction for PracticalBits. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0778229317
Incorporation
Founding capital of €6,000, 100 shares · Founder: · Appointment: (statutory director) · published on 07-12-2021 · Gazette deed
First establishment
Ernest Jouretlaan 77, Edegem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PracticalBits Edegem | €243,581 | €89,296 | 95.7% | - |
| Aisyco Antwerp | €224,627 | €87,968 | 3.8% | - |
| ITmized Ranst | €225,016 | €84,461 | 93.7% | - |
| HF IT-CONSULTING Oud-Turnhout | €224,497 | €84,438 | 67.6% | - |
| Magnetic Moose Lille | €218,464 | €93,661 | 60.3% | - |
| SYNTEKX Turnhout | €218,296 | €88,649 | 41.4% | - |
| Cynghorydd Zoersel | €252,255 | €79,443 | 7.0% | - |
These companies have the same main activity as PracticalBits: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €218,000 and €252,000, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 03-12-2021Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 3 others
- Establishment unit
- 2.324.770.3932650 Edegem, since 03-12-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 03-12-2025
Annual accounts 2025
- €243,581▲ 13.1%
- Filing
- Filed on 07-06-2026, 54 days before the end of the filing period
Insights on PracticalBits
PracticalBits files the micro format. That format states no turnover. The gross margin rose from €78,564 in 2022 to €89,296 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PracticalBits
- What is the company number of PracticalBits?
- The company number of PracticalBits is 0778.229.317. The VAT number is the same number with BE in front: BE 0778.229.317.
- Where is PracticalBits based?
- The registered office is at Ernest Jouretlaan 77, 2650 Edegem.Company details
- What does PracticalBits do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of PracticalBits?
- PracticalBits is a private limited company (BV).
- When was PracticalBits founded?
- PracticalBits was founded on 03-12-2021.
- Is PracticalBits still active?
- Yes, PracticalBits is an active enterprise in the KBO register.
- What is the turnover of PracticalBits?
- The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €89,296 and 60 comparable companies (NACE 62200). It probably lies between €150,000 and €220,000.Financials
- Is PracticalBits profitable?
- In financial year 2025, PracticalBits made a profit of €73,132.
- Where can I find the annual accounts of PracticalBits?
- PracticalBits filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PracticalBits due?
- PracticalBits must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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