PRACTICALI
Annual accounts 2025
abbreviated format, filed on 18-02-2026, 163 days before the deadline€2.2m
▲ 5.5%
€2.0m
▲ 6.1%
€1.5m
▲ 9.7%
€787,211
▼ 3.8%
4.2%
▼ 0.1 percentage points
1.51
▼ 0.06
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €3.8m. Estimated: probably between €2.6m and €6.3m.
Balance sheet
balance sheet total €2.4m on 31-12-2025What the company ownsHow it is paid for
in €m
in €m
Position in the sector
4.2%
Higher than 11% of 845 companies in 2025.
1.51
Higher than 34% of 822 companies in 2025.
64.6%
Higher than 95% of 834 companies in 2025.
PRACTICALI
Middle half of the sector
80% of the sector
Abbreviated accounts in education (NACE 85)
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: bottom quarter
Staff
€96,644
Staff costs divided by the average number of full-time equivalents.
people who joined
people who left
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||
20/58 |
2.4m | 2.3m | 2.1m | 2.4m | 2.6m | 3.5m | 3.3m | 3.4m | 4.0m | 2.4m | 2.3m | 1.1m | 790,087 | |
20 |
- | - | 0 | - | - | - | - | - | - | - | - | - | - | |
21/28 |
17,299 | 35,809 | 75,807 | 113,674 | 135,701 | 144,284 | 24,792 | 19,432 | 8,457 | 11,627 | 15,789 | 9,912 | 6,674 | |
21 |
3,313 | 14,526 | 30,147 | 45,951 | 59,348 | 48,853 | 17,226 | 9,816 | 5,651 | 9,548 | 13,399 | 5,926 | 2,627 | |
22/27 |
13,986 | 21,282 | 45,660 | 67,724 | 76,354 | 95,430 | 7,566 | 9,616 | 2,806 | 2,079 | 2,389 | 3,985 | 4,047 | |
23 |
10,288 | 3,579 | 5,394 | 4,894 | 4,248 | 3,159 | 7,566 | 9,616 | 2,806 | 2,079 | 2,389 | 3,985 | 4,047 | |
24 |
3,698 | 17,703 | 40,266 | 62,829 | 72,106 | 92,272 | - | - | - | - | - | - | - | |
29/58 |
2.3m | 2.3m | 2.1m | 2.3m | 2.5m | 3.4m | 3.3m | 3.4m | 4.0m | 2.4m | 2.2m | 1.1m | 783,413 | |
40/41 |
295,732 | 295,284 | 292,264 | 487,436 | 502,749 | 218,171 | 946,654 | 733,460 | 472,952 | 250,350 | 194,449 | 173,299 | 87,041 | |
40 |
187,783 | 173,431 | 181,144 | 249,220 | 430,877 | 200,104 | 687,236 | 587,472 | 414,649 | 199,606 | 194,449 | 163,299 | 87,041 | |
41 |
107,949 | 121,853 | 111,120 | 238,216 | 71,872 | 18,067 | 259,417 | 145,988 | 58,303 | 50,744 | - | 10,000 | - | |
50/53 |
1.3m | 1.4m | 1.0m | 658,680 | 1.0m | 1.0m | 1.5m | 1.9m | 1.5m | 1.5m | 1.5m | 311,537 | 274,056 | |
54/58 |
735,438 | 554,865 | 754,772 | 1.1m | 970,534 | 2.2m | 867,773 | 783,442 | 2.0m | 703,483 | 567,176 | 612,447 | 421,957 | |
490/1 |
3,419 | 4,618 | 2,907 | 3,593 | 3,551 | 4,172 | 6,950 | 11,969 | - | - | - | - | 359 | |
| Balance sheet: equity and liabilities | ||||||||||||||
10/49 |
2.4m | 2.3m | 2.1m | 2.4m | 2.6m | 3.5m | 3.3m | 3.4m | 4.0m | 2.4m | 2.3m | 1.1m | 790,087 | |
10/15 |
100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 277,686 | 265,000 | 3.1m | 1.9m | 1.4m | 554,717 | 356,171 | |
10/11 |
100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 20,000 | |
100 |
- | - | - | - | - | - | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 20,000 | |
13 |
- | - | - | - | - | - | 165,000 | 165,000 | 475,000 | 512,500 | 357,500 | 47,500 | 2,000 | |
130 |
- | - | - | - | - | - | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 2,000 | |
132 |
- | - | - | - | - | - | 155,000 | 155,000 | 465,000 | 502,500 | 347,500 | 37,500 | - | |
14 |
- | - | - | - | 0 | - | 12,686 | - | 2.5m | 1.3m | 897,646 | 407,217 | 334,171 | |
17/49 |
2.3m | 2.2m | 2.0m | 2.3m | 2.5m | 3.4m | 3.0m | 3.2m | 887,597 | 528,917 | 907,268 | 552,478 | 433,916 | |
17 |
- | - | - | - | - | - | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | |
170/4 |
- | - | - | - | - | - | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | |
42/48 |
1.6m | 1.4m | 1.4m | 1.6m | 1.8m | 2.8m | 1.6m | 2.2m | 42,159 | 85,408 | 562,163 | 254,128 | 213,552 | |
42 |
- | - | - | - | - | 200,000 | - | - | - | - | - | - | - | |
44 |
14,816 | 25,420 | 25,842 | 8,887 | 33,306 | 132,095 | 23,649 | 15,566 | 42,159 | 7,547 | 3,873 | - | 946 | |
440/4 |
14,816 | 25,420 | 25,842 | 8,887 | 33,306 | 132,095 | 23,649 | 15,566 | 42,159 | 7,547 | 3,873 | - | 946 | |
45 |
24,457 | 40,491 | 23,272 | 72,077 | 235,327 | 246,381 | 19,638 | 4,961 | - | 77,861 | 558,290 | 254,128 | 211,521 | |
450/3 |
- | 16,876 | 23,272 | 51,117 | 215,161 | 220,857 | - | 188 | - | 77,861 | 558,290 | 254,128 | 211,521 | |
454/9 |
24,457 | 23,615 | - | 20,960 | 20,165 | 25,524 | 19,638 | 4,773 | - | - | - | - | - | |
47/48 |
1.5m | 1.4m | 1.3m | 1.5m | 1.5m | 2.3m | 1.5m | 2.2m | - | - | - | - | 1,085 | |
492/3 |
704,510 | 753,900 | 683,840 | 683,670 | 710,730 | 603,559 | 1.3m | 777,531 | 645,438 | 243,509 | 145,105 | 98,350 | 20,364 | |
| Income statement | ||||||||||||||
9900 |
2.2m | 2.1m | 2.0m | 2.2m | 2.9m | 3.0m | 2.4m | 2.4m | 1.8m | 1.3m | 1.2m | 670,095 | 519,243 | |
62 |
222,281 | 207,445 | 185,979 | 163,528 | 154,127 | 141,580 | 146,808 | 34,984 | - | - | - | - | - | |
630 |
28,255 | 41,320 | 41,072 | 39,669 | 36,631 | 23,609 | 10,938 | 11,320 | 6,266 | 6,634 | 7,719 | 5,255 | 4,535 | |
631/4 |
- | - | -8,467 | -19,097 | -6,501 | 28,781 | -8,764 | 5,711 | 3,891 | 5,942 | - | - | - | |
640/8 |
7,254 | 5,911 | 7,485 | 2,160 | 4,558 | 3,001 | 11,479 | 1,293 | 1,769 | 1,111 | 1,575 | 753 | 1,146 | |
66A |
- | - | - | - | 504 | 1,850 | - | - | - | - | 1,200 | - | 1,200 | |
9901 |
2.0m | 1.8m | 1.8m | 2.0m | 2.7m | 2.8m | 2.2m | 2.4m | 1.8m | 1.3m | 1.2m | 664,087 | 513,562 | |
75/76B |
60,662 | 12,804 | 2,679 | 26,950 | 11,047 | 21,734 | 13,099 | 40,020 | 4,888 | 13,565 | 30,063 | 10,907 | 3,251 | |
75 |
60,662 | 12,804 | 2,679 | 26,950 | 11,047 | 21,734 | 13,099 | 40,020 | 4,888 | 13,565 | 30,063 | 10,907 | 3,251 | |
65/66B |
2,526 | 2,830 | 3,712 | 4,608 | 7,671 | 9,574 | 16,092 | 8,423 | 7,858 | 20,507 | 37,241 | 9,455 | 4,601 | |
65 |
2,526 | 2,830 | 3,712 | 4,608 | 7,671 | 9,574 | 16,092 | 8,423 | 7,858 | 20,507 | 37,241 | 9,455 | 4,601 | |
66B |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | |
9903 |
2.0m | 1.9m | 1.8m | 2.0m | 2.7m | 2.8m | 2.2m | 2.4m | 1.8m | 1.3m | 1.2m | 665,539 | 511,012 | |
67/77 |
493,769 | 466,832 | 440,870 | 512,501 | 675,106 | 717,552 | 670,169 | 727,669 | 628,439 | 451,502 | 402,777 | 213,659 | 174,841 | |
9904 |
1.5m | 1.4m | 1.3m | 1.5m | 2.0m | 2.1m | 1.5m | 1.7m | 1.2m | 851,396 | 800,430 | 451,880 | 336,171 | |
789 |
- | - | - | - | - | 155,000 | - | 310,000 | 37,500 | - | - | - | - | |
689 |
- | - | - | - | - | - | - | - | - | 155,000 | 310,000 | 37,500 | - | |
9905 |
1.5m | 1.4m | 1.3m | 1.5m | 2.0m | 2.2m | 1.5m | 2.0m | 1.2m | 696,396 | 490,430 | 414,380 | 336,171 | |
| Appropriation of the result | ||||||||||||||
9906 |
1.5m | 1.4m | 1.3m | 1.5m | 2.0m | 2.2m | 1.5m | 4.5m | 2.5m | 1.6m | 897,646 | 748,551 | 336,171 | |
791/2 |
- | - | - | - | - | 10,000 | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | 300,000 | - | 8,000 | 2,000 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | 8,000 | 2,000 | |
6921 |
- | - | - | - | - | - | - | - | - | 300,000 | - | - | - | |
694/7 |
1.5m | 1.4m | 1.3m | 1.5m | 2.0m | 2.3m | 1.5m | 4.5m | - | - | - | 333,334 | - | |
694 |
1.5m | 1.4m | 1.3m | 1.5m | 2.0m | 2.3m | 1.5m | 4.5m | - | - | - | 333,334 | - | |
| Social balance sheet | ||||||||||||||
9087 |
2.3 | 2.2 | 2 | 2 | 2 | 2 | 2 | 0.5 | - | - | - | - | - | |
Hours worked1013 |
4,350 | 4,198 | 3,732 | 3,732 | 3,744 | 3,832 | 3,812 | 956 | - | - | - | - | - | |
| Document | ||||||||||||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 18-02-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 18-02-2026 | 2026-00040070 | |
| 31-12-2024 | abbreviated format | 27-06-2025 | 2025-00186180 | |
| 31-12-2023 | abbreviated format | 12-07-2024 | 2024-00238867 | |
| 31-12-2022 | abbreviated format | 06-07-2023 | 2023-00218017 | |
| 31-12-2021 | abbreviated format | 30-07-2022 | 2022-20251368 | |
| 31-12-2020 | abbreviated format | 04-07-2021 | 2021-30000156 | |
| 31-12-2019 | abbreviated format | 25-07-2020 | 2020-35600451 | |
| 31-12-2018 | abbreviated format | 30-07-2019 | 2019-39800368 | |
| 31-12-2017 | abbreviated format | 01-07-2018 | 2018-30700299 | |
| 31-12-2016 | abbreviated format | 12-07-2017 | 2017-33800162 | |
| 31-12-2015 | abbreviated format | 27-07-2016 | 2016-35400271 | |
| 31-12-2014 | abbreviated format | 24-07-2015 | 2015-34600291 | |
| 31-12-2013 | abbreviated format | 17-06-2014 | 2014-20100088 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2.0m | 1.9m | 1.8m | 2.1m | 2.7m | 2.8m | 2.2m | 2.4m | 1.8m | 1.3m | 1.2m | 669,342 | 518,097 | ||
| 1.6m | 1.4m | 1.4m | 1.6m | 2.1m | 2.1m | 1.6m | 1.7m | 1.2m | 858,029 | 808,148 | 457,135 | 340,706 | ||
| 9,745 | 1,321 | 3,205 | 17,642 | 28,048 | 143,100 | 16,297 | 22,295 | 3,096 | 2,472 | 14,796 | 8,493 | 12,309 | ||
| 180,573 | -199,907 | -361,538 | 145,776 | -1.2m | 1.3m | 84,331 | -1.3m | 1.3m | 136,306 | -45,271 | 190,491 | - | ||
| 787,211 | 818,091 | 708,033 | 669,996 | 675,029 | 559,275 | 1.7m | 1.2m | 3.9m | 2.3m | 1.7m | 843,156 | 569,861 | ||
| 4.2% | 4.3% | 4.7% | 4.2% | 3.8% | 2.8% | 8.3% | 7.7% | 77.8% | 78.3% | 59.9% | 50.1% | 45.1% | ||
| 1.51 | 1.57 | 1.52 | 1.42 | 1.37 | 1.20 | 2.10 | 1.56 | 94.52 | 28.38 | 4.00 | 4.32 | 3.67 | ||
| 22.58 | 21.99 | 20.34 | 22.80 | 25.13 | 34.37 | 10.98 | 11.96 | 0.29 | 0.28 | 0.67 | 1.00 | 1.22 | ||
| - | - | - | - | - | - | 555.6% | 635.0% | 38.6% | 44.7% | 59.1% | 81.5% | 94.4% | ||
| 64.6% | 60.3% | 61.4% | 64.0% | 78.1% | 58.7% | 46.4% | 49.0% | 30.0% | 35.0% | 35.4% | 40.8% | 42.5% | ||
| over 100 | over 100 | over 100 | over 100 | over 100 | - | - | - | - | - | - | - | - |
A ratio outside any meaningful range has been withheld (balance sheet total €2.4m, equity €100,000).
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.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 3 | 3 | 2 | 2 | 2 |
| full-time | 2 | 2 | 2 | 2 | 2 |
| part-time | 1 | 1 | 0 | - | - |
| in full-time equivalents | 2.3 | 2.3 | 2 | 2 | 2 |
| 2.3 | 2.2 | 2 | 2 | 2 | |
| On a permanent contract | 2 | 2 | 2 | 2 | 2 |
| Joined | - | 2 | - | - | - |
| Left | - | 1 | - | - | - |
| Training hours | - | - | 0 | - | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €9,745 | €1,321 | €3,205 | €15,040 | €3,578 |
| Intangible fixed assets | - | - | - | €2,602 | €24,470 |
| €28,255 | €41,320 | €41,072 | €39,669 | €36,631 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on PRACTICALI
The operating result for 2025 is 6% higher than in 2024 and the highest since 2022. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total rises from 95.7% to 95.8%. Debt is higher.