Equity
€20,109 ▲ 5.5%
PRACTICS ACADEMY has made a profit in every financial year since 2022.
PRACTICS ACADEMY
Lifetime
4 annual accounts with figures on one time axispeak €11,551 (2022)
€2,629▼ 71.8%
peak €7,705 (2022)
€1,041▼ 82.0%
peak €20,109 (2025)
€20,109▲ 5.5%
€6,698▲ 5.5%
Board2 names since 2021
2 directorsMATHUVIS Stefan André Jozef and 1 other
Documentsfilings and deeds
04-06-202657 days before the deadline
2025micro format
Gross margin from €9,309 to €2,629Result from €5,787 to €1,041
Key points
from the 2025 annual accountsChecked score
96
Excellent
Financially stronger than 65% of micro companies in education (NACE 85)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 3,825 companies (NACE 85, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: 0.1%▲ +0.1 percentage points vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025highest value
07-2025: < 0.1%▼ -0.1 percentage points vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026lowest value
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Sector: Education (NACE 85)
Liquidity: current ratio 3.96, cash €22,059
Figures for financial year 2025 (filed on 04-06-2026)
Equity €20,109 (75.0% of total assets)
Calculation
The band follows from the bankruptcy probability. 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 85, micro). It does better than 88% of them on solvency, 82% on liquidity, 34% on profitability and 55% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 5,047 companies had the same profile as PRACTICS ACADEMY has now. Each dot stands for 13 companies, two years later.
94.0%
were still trading
3.8%
stopped another way
2.2%
went bankrupt
The bankruptcy probability of PRACTICS ACADEMY itself is lower: < 0.1% within 12 months. It rests on far more data about PRACTICS ACADEMY than the profile alone.
Test of the method
The method was tested on the 497,448 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 5,047 companies, not a prediction for PRACTICS ACADEMY. 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
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.96 (3.94 in 2024), above the usual 1.5. Short-term debt is 25% and cash 82.3% of total assets. 25% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 04-06-2026, 57 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
57 days early
2024
59 days early
2023
60 days early
2022
56 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 58 days before the deadline. In the sector (NACE 85), the median for financial year 2024 was 16 days before the deadline, and 32% 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 3 June (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- MATHUVIS Stefan André Jozef 100 sharesdeed of 12-11-2021
- VALKENEERS Annemie Clementine Hubertine 100 sharesdeed of 12-11-2021
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0776962575
Incorporation
Founding capital of €2,000, 200 shares · Founders: MATHUVIS Stefan André Jozef and VALKENEERS Annemie Clementine Hubertine · Appointments: MATHUVIS Stefan André Jozef (director) and VALKENEERS Annemie Clementine Hubertine (director) · published on 12-11-2021 · Gazette deed
First establishment
Kempische steenweg 303, Hasselt
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PRACTICS ACADEMY Hasselt | €26,808 | €2,629 | 75.0% | - |
| Bellaflora Tessenderlo-Ham | €26,857 | €2,204 | -5.4% | - |
| Accent-Graeve Ghent | €32,852 | €3,719 | 25.2% | - |
| SMILE SCHOOL Mont-Saint-Guibert | €25,624 | €4,531 | -0.3% | - |
| EduDevSPK Watermael-Boitsfort | €41,530 | €3,148 | 96.2% | - |
| Ergoschool Rixensart | €26,993 | €4,899 | 56.0% | - |
| Sentir et Ressentir Liège | €33,353 | €4,098 | -86.0% | - |
These companies have the same main activity as PRACTICS ACADEMY: other education (NACE 85599). They are comparable in size and age: total assets between €25,600 and €41,500, founded between 2020 and 2022.
Official details
Source: KBO- Status
- Active since 09-11-2021Normal situation
- Registered office
- 66 active companies are registered at this address5 started in the 12 months before. Source: KBO register, as of 11 November 2026.
- Activity
- Other educationNACE 85599and 4 others
- Establishment unit
- 2.324.403.9713500 Hasselt, since 09-11-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 26-11-2025
Annual accounts 2025
- €26,808▲ 5.5%
- Filing
- Filed on 04-06-2026, 57 days before the end of the filing period
Insights on PRACTICS ACADEMY
PRACTICS ACADEMY files the micro format. That format states no turnover. The gross margin fell from €11,551 in 2022 to €2,629 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 PRACTICS ACADEMY
- What is the company number of PRACTICS ACADEMY?
- The company number of PRACTICS ACADEMY is 0776.962.575. The VAT number is the same number with BE in front: BE 0776.962.575.
- Where is PRACTICS ACADEMY based?
- The registered office is at Kempische steenweg 303, 3500 Hasselt.Company details
- What does PRACTICS ACADEMY do?
- According to the KBO register, the main activity is other education (NACE 85599).
- What is the legal form of PRACTICS ACADEMY?
- PRACTICS ACADEMY is a private limited company (BV).
- When was PRACTICS ACADEMY founded?
- PRACTICS ACADEMY was founded on 09-11-2021.
- Is PRACTICS ACADEMY still active?
- Yes, PRACTICS ACADEMY is an active enterprise in the KBO register.
- What is the turnover of PRACTICS ACADEMY?
- The turnover in financial year 2025 is ≈ €9,600. This figure is estimated from the gross margin of €2,629 and 42 comparable companies (NACE 855). It probably lies between €6,500 and €20,000. It is a rough estimate.Financials
- Is PRACTICS ACADEMY profitable?
- In financial year 2025, PRACTICS ACADEMY made a profit of €1,041.
- Where can I find the annual accounts of PRACTICS ACADEMY?
- PRACTICS ACADEMY filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PRACTICS ACADEMY due?
- PRACTICS ACADEMY must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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