Equity
€232,998 ▲ 13.7%
PracticalBits paid out €45,000 in dividends. That is 62% of the 2025 profit.
PracticalBits
Overview
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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The scores and ratios are Checked's own calculations, not a credit decision.
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
- €89,296▲ 0.4%
- €73,132▲ 4.6%
- €232,998▲ 13.7%
- €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.
Financials
Annual accounts 2025
micro format, filed on 07-06-2026, 54 days before the deadline€89,296
▲ 0.4%
€88,711
▲ 0.4%
€73,132
▲ 4.6%
€232,998
▲ 13.7%
95.7%
▲ 0.5 percentage points
23.01
▲ 2.51
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €170,000. Estimated: probably between €150,000 and €220,000.
Balance sheet
balance sheet total €243,581 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
95.7%
Higher than 95% of 22,039 companies in 2025.
23.01
Higher than 95% of 21,339 companies in 2025.
30.0%
Higher than 67% of 21,530 companies in 2025.
PracticalBits
Middle half of the sector
80% of the sector
Micro accounts in computer programming and consultancy (NACE 62)
Net result: top quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
243,581 | 215,369 | 145,946 | 77,211 | |
29/58 |
243,581 | 215,369 | 145,946 | 77,211 | |
40/41 |
- | 12,983 | 14,535 | - | |
40 |
- | 12,983 | 14,535 | - | |
54/58 |
243,581 | 202,386 | 131,412 | 77,211 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
243,581 | 215,369 | 145,946 | 77,211 | |
10/15 |
232,998 | 204,865 | 134,960 | 66,525 | |
10/11 |
6,000 | 6,000 | 6,000 | 6,000 | |
13 |
86,998 | 78,865 | 48,960 | 20,525 | |
133 |
86,998 | 78,865 | 48,960 | 20,525 | |
14 |
140,000 | 120,000 | 80,000 | 40,000 | |
17/49 |
10,584 | 10,503 | 10,986 | 10,686 | |
42/48 |
10,584 | 10,503 | 10,986 | 10,686 | |
45 |
10,584 | 10,503 | 10,986 | 10,686 | |
450/3 |
10,584 | 10,503 | 10,986 | 10,686 | |
| Income statement | |||||
9900 |
89,296 | 88,945 | 85,495 | 78,564 | |
640/8 |
585 | 569 | 557 | 1,039 | |
9901 |
88,711 | 88,375 | 84,938 | 77,525 | |
75/76B |
1,460 | 743 | - | - | |
75 |
1,460 | 743 | - | - | |
9903 |
90,171 | 89,118 | 84,938 | 77,525 | |
67/77 |
17,039 | 19,213 | 16,502 | 17,000 | |
9904 |
73,132 | 69,905 | 68,435 | 60,525 | |
9905 |
73,132 | 69,905 | 68,435 | 60,525 | |
| Appropriation of the result | |||||
9906 |
193,132 | 149,905 | 108,435 | 60,525 | |
14P |
120,000 | 80,000 | 40,000 | - | |
691/2 |
8,132 | 29,905 | 28,435 | 20,525 | |
6921 |
8,132 | 29,905 | 28,435 | 20,525 | |
694/7 |
45,000 | - | - | - | |
694 |
45,000 | - | - | - | |
| Document | |||||
The notes to these accounts have 1 item. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 07-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 41,196 | 70,974 | 54,201 | - | ||
| 232,998 | 204,865 | 134,960 | 66,525 | ||
| 95.7% | 95.1% | 92.5% | 86.2% | ||
| 23.01 | 20.50 | 13.28 | 7.23 | ||
| 0.05 | 0.05 | 0.08 | 0.16 | ||
| 31.4% | 34.1% | 50.7% | 91.0% | ||
| 30.0% | 32.5% | 46.9% | 78.4% |
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 PracticalBits
The operating result for 2025 is 0% higher than in 2024 and the highest since 2022. It is the third rise in a row.
Debt's share of the balance-sheet total falls from 4.9% to 4.3%. Equity and debt are higher.
Board & ownership
Board
1 director, since incorporation- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Indien er meer dan één bestuurder is, benoemt het bestuursorgaan een voorzitter onder haar leden. Bij gebrek van een benoeming of bij…”deed of 07-12-2021
Mandates through the years
1 name, the dashed line is todayStatutory director
Board
Mandates as a list
-
- Statutory director, appointed by deed of 07-12-2021, still in office
Control
Founder
This company
PracticalBits
Equity €232,998
Profit €73,132 in 2025
Capital
- Contribution
- €6,000
- Shares
- 100
- Contribution per share
- €60
- Equity per share
- €2,330 in 2025
- Source
- deed of 07-12-2021
Articles of association
deed of 07-12-2021 (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.
- “Bestuursorgaan benoemt een voorzitter onder haar leden, bij gebrek van benoeming of bij afwezigheid neemt de oudste in leeftijd van de…”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 20:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 07-12-2021 ↗
- 100 shares (100%) · €6,000 in cash
Network & group
No group
PracticalBits has no parent and no holdings in its annual accounts. is the only director. PracticalBits shares no director with another company.
The LEI register names no parent.
At the same address
Ernest Jouretlaan 77, 2650 Edegem · 2 other companies| Lopes Doorten, Ana (sole trader)
establishment since 26-09-2025 |
founded in 2025 1028.225.041 |
| Nauwelaerts, Mark (sole trader)
establishment since 01-07-2011 |
founded in 2011 0836.488.111 |
Timeline
Timeline
10 events since 2021Filings
Financial
Establishments
202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed PDFmicro format · 54 days before the deadline
2025
Highest result from 2022 to 2025 net €73,132 ▲4.6% The operating result of €88,711 and the net result of €73,132 are both a record.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0778229317
Annual accounts 2024 filed PDFmicro format · 53 days before the deadline
2024
Equity above €200,000 equity €204,865 ▲51.8% With a profit in every financial year since 2022, equity grows to €204,865.
Annual accounts 2023 filed PDFmicro format · 39 days before the deadline
2023
Equity above €100,000 equity €134,960 ▲103% With a profit in every financial year since 2022, equity grows to €134,960.
Annual accounts 2022 filed PDFmicro format · 44 days before the deadline
2021
IncorporationFounding capital of €6,000, 100 shares · Founder: · Appointment: (statutory director) · published on 07-12-20214 points ▸
- Founder,
- Founding capital, €6,000, 100 shares
- holds 100 shares (100%)
- Director appointment, (statutory director)
- The deed holds 3 more points.
First establishment Ernest Jouretlaan 77, Edegem
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
Company details
Identity
- Enterprise number
- 0778.229.317
- VAT number
- BE 0778.229.317
- Peppol ID
- 0208:0778229317
- LEI code
- 6994004Z2DN9H7ENMT48 live in the LEI register
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 03-12-2021
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 20:00deed of 07-12-2021 (in Dutch)
- Peppol
- Reachable since 03-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- PracticalBits in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 07-12-2021 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Ernest Jouretlaan 77 bus 5, 2650 Edegem”deed of 07-12-2021 (in Dutch)
Activities
NACEBEL 202562200
Computer consultancy and computer facilities management main activity
62100
Computer programming
Codes under NACEBEL 2008
62020
IT consultancy main activity
62010
Computer programming, consultancy and related activities
62090
Computer programming, consultancy and related activities
63990
Computing infrastructure, data processing, hosting and other information service activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Informatica-adviesbureau; Ontwikkeling van software en gebruiksklare systemen; Activiteiten in verband met internet, waaronder in het…”deed of 07-12-2021 (in Dutch)
7 activities
- Informatica-adviesbureau
- Ontwikkeling van software en gebruiksklare systemen
- Activiteiten in verband met internet, waaronder in het bijzonder het opstellen, aanmaken en beheer van websites zowel voor eigen rekening als in opdracht van derden
- Overige activiteiten en diensten op het gebied van informatietechnologie en computer
- Overige zakelijke dienstverlening
- Overige dienstverlenende activiteiten op het gebied van informatie
- Het geven van cursussen en opleidingen en het organiseren van seminaries aangaande voorgaande onderwerpen en activiteiten
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Ernest Jouretlaan 77 registered office 2650 Edegem | 03-12-2021 | 2.324.770.393 |
Buildings and parcels at the address
- Ground area
- 1,398 m²
- Buildings
- 237 m²
- Volume, LiDAR
- 1,991 m³
- Tallest building
- 9.6 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11472B0185/00E002 | 1,398 m² | 1 · 237 m² | 9.6 m · 3 |
Contact
E-mail
info@practicalbits.net