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PRACTICUM

Active Private limited companyfounded 1987active for 39 yearsVan Goethemstraat 66, 9820 Merelbeke-MelleKBO/BCE: BE 0430.386.327 subsidiary of

Lifetime

20 annual accounts with figures on one time axis, 38 filings since 1988
peak €147,564 (2009)
€8,881▲ 1.2%
lowest -€87,761 (2016)
€1,219▼ 8.8%
peak €230,044 (2012)
€49,987▲ 2.5%
-not published
peak 2 FTE (2006)
-not published
Board2 names since 2016
1 director
Owners
100%
Documentsfilings and deeds
27-08-202627 days late
2025abbreviated format
A quiet year: no large shift against the year before.

Key points

from the 2025 annual accounts

Equity

€49,987 from €230,044 in 2012

Equity fell by 78% in 13 years.

Turnover

≈ €63,000 estimated

The abbreviated format states no turnover.

Filings

38 annual accounts since 1988
AprilJune31 JulyOctober1990200020102020

Ten of the last ten came late. The 2021 accounts came latest: 31 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 17,044 companies had the same profile as PRACTICUM has now. Each dot stands for 43 companies, two years later.

94.3%
were still trading
5.0%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 17,044 companies, not a prediction for PRACTICUM. 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

Board and ownership

Director
  • 100%score equity €1.6m (2025) · 2025 annual accounts of
Board & ownership

Recent changes

Resignation: (manager) Reappointment: (director) · Director discharge: · General meeting of 03-10-2023 · Gazette deed
Registered office moved from Nevele to Merelbeke New registered office: Van Goethemstraat 66, 9820 Merelbeke · Previous registered office: Veldestraat 73, 9850 Nevele · Resignation: (manager) · General meeting of 23-12-2016 · Gazette deed
Registered office moved from Ghent to Nevele New registered office: Veldestraat 73, 9850 Nevele · Previous registered office: Veriorenkost 1/3, 9000 Gent · Board meeting of 25-01-2016 · Gazette deed
First establishment PRACTICUMSCHOOL, Van Goethemstraat 66, Merelbeke-Melle
All 55 events

Official details

Source: KBO
Status
Active since 29-01-1987Normal situation
Activity
No activity registered in the KBO
Establishment unit
2.033.539.4749820 Merelbeke-Melle, since 18-02-1987
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2025

€49,987▲ 2.5%
Filing
Filed on 27-08-2026
Financials

Insights on PRACTICUM

PRACTICUM files the abbreviated format. That format states no turnover. The gross margin fell from €70,757 in 2006 to €8,881 in 2025.

holds all the shares.

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 PRACTICUM

What is the company number of PRACTICUM?
The company number of PRACTICUM is 0430.386.327. The VAT number is the same number with BE in front: BE 0430.386.327.
Where is PRACTICUM based?
The registered office is at Van Goethemstraat 66, 9820 Merelbeke-Melle.Company details
What is the legal form of PRACTICUM?
PRACTICUM is a private limited company (BV).
When was PRACTICUM founded?
PRACTICUM was founded on 29-01-1987.
Is PRACTICUM still active?
Yes, PRACTICUM is an active enterprise in the KBO register.
What is the turnover of PRACTICUM?
The turnover in financial year 2025 is ≈ €63,000. This figure is estimated from the gross margin of €8,881 and 1,933 comparable companies of the same size. It probably lies between €25,000 and €160,000. It is a rough estimate.Financials
Is PRACTICUM profitable?
In financial year 2025, PRACTICUM made a profit of €1,219.
Where can I find the annual accounts of PRACTICUM?
PRACTICUM filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PRACTICUM due?
PRACTICUM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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