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PracticeVantage Europe

Active
Private limited companyfounded 2023active for 3 yearsEdward Dekosterstraat 64, 1140 Evere, Belgium14 active companies are registered at this addressKBO/BCE: BE 0800.468.645
Summary

PracticeVantage Europe has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €73,327 and a net result of -€26,117. Equity is shrinking by about 7.9% per year across the filed financial years. Its solvency ranks better than 88% of 21,076 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

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PracticeVantage EuropeActiveChecked score 91/100
Risk analysis ReportCompare

Overview

Activity
Computer consultancy and computer facilities management
NACE 62200
1 site
Size
€81,918total assets 2025
Equity
€73,327
Loss
-€26,117
Turnover not published (micro format)
Financial health
91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
  • KONDURU Dinesh VarmaDirector
  • PracticeVantage Consulting Group LLCDirector · permanent representative MURALI Rajendran
2025 accounts 149 days early
Why 91raises risk1 change of registered office in 24 monthslowers riskSector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 9.32, cash €47,046Size: total assets €81,918Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 51% of its sector peers (NACE 62, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 100+1
equity 89.5% of total assets
Liquidity 100+10
short-term debt 10.5% · cash 57.4%
Profitability 0-80
return on assets -31.9%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (25,886 companies, NACE 62, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.6%▲ +0.5 percentage points vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.6%● unchanged vs 06-2025 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.5%▼ -0.1 percentage points vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.9%▲ +0.4 percentage points vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 0.9%● unchanged vs 05-2026 07-2026: 0.9%● unchanged vs 06-2026highest value 08-2026: 0.9%● unchanged vs 07-2026highest value 09-2026: 0.1%▼ -0.8 percentage points vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity ample (current ratio 9.32, compared with 3.71 in 2024, above the usual 1.5; short-term debt: 10.5% and cash: 57.4% of total assets), and 10.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro): better than 85% on solvency, 92% on liquidity, 5% on profitability and 22% on growth.

The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Liquidity: current ratio 9.32, cash €47,046
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Size: total assets €81,918
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
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 04-03-2026, 149 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
149 days early
2024
66 days early
2023
30 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 62 days before the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 May (3 of the last 3 filed years within 97 days of that day).
Companies Code · seven months
Where today falls in the filing period
27-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Weakest financial yearnet -€26,117
  3. Liquidity more than doubledcurrent ratio 9.32

Key points

  • Caution: Among the weakest 5% on net resultsector median €28,656 · 21,083 companies -€26,117 View
  • Board2 directors in office 2 View
  • Total assets 20253 financial years filed €81,918 View

By topic

Financials

Financial year
2025
Total assets
€81,918
Loss
-€26,117
Solvency
89.5%
Total assets▼ 39.3%
Net result
20232025
Go to Financials

Board & ownership

Board
2 members
  • KONDURU Dinesh VarmaDirector
  • PracticeVantage Consulting Group LLCDirector
Go to Board & ownership

Timeline

Events
8
Since
2023
Next accounts
by 31-07-2027
  1. 26-05-2025Annual accounts filed
  2. 17-04-2025Registered office
  3. 30-08-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Computer consultancy and computer facilities managementNACE 62200
Founded
05-04-2023
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
29
Who signs
Each director alone
Annual meeting
Third Friday of June at 18:00
Purpose
“Het beheer,de vertegenwoordiging,de advies,de verwerving van participaties in welke vorm…” (deed in Dutch)
Statutory auditor
No statutory auditor
Go to Articles of association

Key facts about PracticeVantage Europe

What is the company number of PracticeVantage Europe?
0800.468.645. In Belgium the VAT number is the company number with BE in front: BE 0800.468.645.
Where is PracticeVantage Europe based?
The registered office is at Edward Dekosterstraat 64, 1140 Evere.Company details
What does PracticeVantage Europe do?
According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
What is the legal form of PracticeVantage Europe?
Private limited company (BV).
When was PracticeVantage Europe founded?
On 05-04-2023.
Is PracticeVantage Europe still active?
Yes, PracticeVantage Europe is an active enterprise in the KBO register.
What is the turnover of PracticeVantage Europe?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is PracticeVantage Europe profitable?
In financial year 2025, PracticeVantage Europe made a loss of €26,117.
Where can I find the annual accounts of PracticeVantage Europe?
PracticeVantage Europe filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PracticeVantage Europe due?
By 31-07-2027, for financial year 2026.Timeline

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