PRACTICALI
ActivePRACTICALI has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €100k and a net result of €1.52M. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 11% of 682 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency29=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 1.51 against 1.57 in 2024; short-term debt: 65.9% and cash: 31.2% of total assets), but 95.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Sector 85
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
4.2%
Return on assets
64.6%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 682 sector peers (2025).
NBB · sector comparisonPosition among 682 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-02-2026, 163 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
163 d early
2024
34 d early
2023
19 d early
2022
25 d early
2021
1 d early
2020
27 d early
2019
6 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€100k=
2024 · €100k
2018: €265k
2019: €278k
2020: €100k
2021: €100k
2022: €100k
2023: €100k
2024: €100k
2018 → 2025
Total assets
€2.36M▲ 2.5%
2024 · €2.30M
2018: €3.43M
2019: €3.33M
2020: €3.54M
2021: €2.61M
2022: €2.38M
2023: €2.13M
2024: €2.30M
2018 → 2025
Net result
€1.52M▲ 9.7%
2024 · €1.39M
2018: €1.68M
2019: €1.54M
2020: €2.08M
2021: €2.04M
2022: €1.52M
2023: €1.31M
2024: €1.39M
2018 → 2025
Working capital
€787k▼ 3.8%
2024 · €818k
2018: €1.22M
2019: €1.73M
2020: €559k
2021: €675k
2022: €670k
2023: €708k
2024: €818k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€100k-€100k=€100k=€100k=€100k=
Operating result€2.71M-€2.01M▼ 25.8%€1.75M▼ 13.0%€1.84M▲ 5.3%€1.96M▲ 6.1%
Net result€2.04M-€1.52M▼ 25.4%€1.31M▼ 14.0%€1.39M▲ 5.9%€1.52M▲ 9.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 6% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.36M
Fixed assets
€17k▼ 51.7%
Current assets
€2.34M▲ 3.4%
Equity and liabilities €2.36M
Equity
€100k=
Debt
€2.26M▲ 2.7%
The debt ratio rises from 95.7% to 95.8%. Debt is higher.
Key figures and ratios
EBITDA
€1.99M▲
2024 · €1.89M
Cash flow
€1.55M▲
2024 · €1.43M
Solvency
4.2%▼
2024 · 4.3%
Current ratio
1.51▼
2024 · 1.57
Quick ratio
1.51▼
2024 · 1.57
Debt / equity
22.58▲
2024 · 21.99
ROA
64.6%▲
2024 · 60.3%
Interest coverage
786.27▲
2024 · 666.30
Debt
€2.26M▲
2024 · €2.20M
Debt ≤ 1 year
€1.55M▲
2024 · €1.45M
Income taxes
€494k▲
2024 · €467k
Staff costs
€222k▲
2024 · €207k
A ratio outside any meaningful range has been withheld (balance sheet total €2.36M, equity €100k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.30M€2.36M▲
Fixed assets21/28€36k€17k▼
Intangible fixed assets21€15k€3k▼
Tangible fixed assets22/27€21k€14k▼
Plant, machinery and equipment23€4k€10k▲
Furniture and vehicles24€18k€4k▼
Current assets29/58€2.26M€2.34M▲
Amounts receivable within one year40/41€295k€296k▲
Trade receivables40€173k€188k▲
Other amounts receivable41€122k€108k▼
Current investments50/53€1.41M€1.31M▼
Cash at bank and in hand54/58€555k€735k▲
Deferred charges and accrued income490/1€5k€3k▼
Equity and liabilities
Total equity and liabilities10/49€2.30M€2.36M▲
Equity10/15€100k€100k=
Contributions10/11€100k€100k=
Amounts payable17/49€2.20M€2.26M▲
Amounts payable within one year42/48€1.45M€1.55M▲
Trade debts44€25k€15k▼
Suppliers440/4€25k€15k▼
Taxes, remuneration and social security45€40k€24k▼
Taxes450/3€17k-
Remuneration and social security454/9€24k€24k▲
Other amounts payable47/48€1.38M€1.51M▲
Accrued charges and deferred income492/3€754k€705k▼
Income statement
Code20242025
Remuneration, social security and pensions62€207k€222k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41k€28k▼
Other operating charges640/8€6k€7k▲
Gross operating margin9900€2.10M€2.22M▲
Operating profit (loss)9901€1.84M€1.96M▲
Financial income75/76B€13k€61k▲
Recurring financial income75€13k€61k▲
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€1.85M€2.02M▲
Income taxes67/77€467k€494k▲
Profit (loss) for the period9904€1.39M€1.52M▲
Profit (loss) for the period to be appropriated9905€1.39M€1.52M▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.39M€1.52M▲
Profit to be distributed694/7€1.39M€1.52M▲
Return on contributions (dividend)694€1.39M€1.52M▲
Social balance
Average headcount (FTE)90872.22.3▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €1.31M ▼14%
Net result drops to €1.31M, the lowest in the series; recovery starts the following year.
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
04-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €2.08M ▲34.6%
Operating result €2.78M, net result €2.08M, both a record.
25-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
01-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tielt · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Hof te Perremans 168700 TieltGround area
694 m²
Building footprint
163 m²
Volume, LiDAR
1,055 m³
Parcel 37015A0935/00F002, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Hof te Perremans 16, 8700 Tielt
since 20222.342.783.095
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37015A0935/00F002 | Flanders | 694 m² | 1 · 163 m² | 10.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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NETCYCLING
BE 0733.719.381
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Double Humblet
BE 0631.891.454
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REBONDS
BE 0475.168.950
Liège · Eq €99k
Of 11,670 companies in sector 85599 we hold annual accounts for 1,329. 1,026 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-09-2012
Fiscal year end31-12
Activities, NACEBEL
82300Organisation of conventions and trade shows
85599Other education
85699Other educational support services
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.