Equity
PRACTINET paid out €98,977 in dividends. That is 100% of the 2025 profit.
PRACTINET paid out €98,977 in dividends. That is 100% of the 2025 profit.
The result fell in 2025 from €222,546 to €98,977.
The micro format states no turnover.
Short-term debts fell from €260,024 to €124,106.
The 2022 accounts came 5 days late. The other nine were filed on time.
More equity than 95% of companies in computer programming and consultancy. Sector median €69,058 · 21,211 companies.
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 62, micro). It does better than 85% of them on solvency, 56% on liquidity, 32% on profitability and 41% on growth.
The bankruptcy probability was computed on 08-11-2026 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).
In July 2024, 34,693 companies had the same profile as PRACTINET has now. Each dot stands for 87 companies, two years later.
That fits the bankruptcy probability of PRACTINET itself: < 0.1% within 12 months.
The method was tested on the 497,447 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 34,693 companies, not a prediction for PRACTINET. 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.
Liquidity is ample, with a current ratio of 5.5 (3.15 in 2024), above the usual 1.5. Short-term debt is 18.2% and cash 22.6% of total assets. 18.2% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 23 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| PRACTINET Tielt | €682,106 | €221,486 | 81.8% | - |
| HoFion Bredene | €727,313 | €198,817 | 46.7% | - |
| PRESAGE Tinlot | €651,697 | €234,944 | 2.4% | - |
| VINFOMATIC Etterbeek | €681,873 | €198,314 | 86.2% | - |
| ENSPIRIT Sombreffe | €636,772 | €211,717 | 41.0% | - |
| REDPULSAR Woluwe-Saint-Lambert | €680,132 | €196,545 | 36.8% | - |
| APEC Group Deinze | €717,271 | €245,992 | 33.3% | - |
These companies have the same main activity as PRACTINET: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €637,000 and €727,000, founded between 2014 and 2016.
PRACTINET files the micro format. That format states no turnover. The gross margin rose from €48,640 in 2016 to €221,486 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €340,000. Estimated: probably between €310,000 and €430,000.
Higher than 77% of 21,205 companies in 2025.
Higher than 77% of 20,568 companies in 2025.
Higher than 43% of 20,743 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
20/58 |
682,106 | 818,024 | 872,164 | 631,162 | 616,018 | 633,580 | 516,361 | 432,436 | 300,760 | 283,974 | |
20 |
- | - | - | 0 | 0 | - | - | - | - | - | |
21/28 |
- | - | - | 0 | 0 | 60,906 | 64,985 | 40,214 | 13,621 | 2,613 | |
21 |
- | - | - | 0 | 0 | 60,906 | 64,985 | 40,214 | 13,621 | 2,613 | |
29/58 |
682,106 | 818,024 | 872,164 | 631,162 | 616,018 | 572,674 | 451,376 | 392,222 | 287,140 | 281,361 | |
29 |
- | - | - | 0 | - | - | - | - | - | - | |
290 |
- | - | - | 0 | - | - | - | - | - | - | |
40/41 |
28,166 | 1,060 | 38,707 | - | 20,000 | 20,383 | 15,635 | 666 | 2,857 | - | |
40 |
0 | 1,060 | - | - | - | - | 36 | 666 | 2,857 | - | |
41 |
28,166 | - | 38,707 | - | 20,000 | 20,383 | 15,599 | - | - | - | |
50/53 |
499,980 | 551,545 | 400,000 | - | - | - | - | - | - | - | |
54/58 |
153,961 | 265,069 | 423,750 | 631,162 | 596,018 | 552,291 | 435,741 | 391,557 | 284,283 | 281,361 | |
490/1 |
- | 350 | 9,708 | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||
10/49 |
682,106 | 818,024 | 872,164 | 631,162 | 616,018 | 633,580 | 516,361 | 432,436 | 300,760 | 283,974 | |
10/15 |
558,000 | 558,000 | 558,000 | 609,463 | 596,090 | 628,196 | 492,902 | 379,769 | 288,809 | 276,363 | |
10/11 |
558,000 | 558,000 | 558,000 | 558,000 | 558,000 | 558,000 | 308,000 | 258,000 | 258,000 | 258,000 | |
100 |
- | - | - | - | - | - | 308,000 | 258,000 | 258,000 | 258,000 | |
13 |
- | - | 0 | 25,800 | 25,800 | 25,800 | 25,800 | 25,800 | 25,800 | 18,363 | |
130 |
- | - | - | - | - | - | 25,800 | 25,800 | 25,800 | 18,363 | |
133 |
- | - | 0 | 25,800 | 25,800 | 25,800 | - | - | - | - | |
14 |
- | - | 0 | 25,663 | 12,290 | 44,396 | 159,102 | 95,969 | 5,009 | - | |
17/49 |
124,106 | 260,024 | 314,164 | 21,699 | 19,928 | 5,384 | 23,459 | 52,667 | 11,952 | 7,611 | |
42/48 |
124,106 | 260,024 | 314,164 | 21,699 | 19,928 | 5,384 | 23,459 | 52,667 | 11,952 | 7,611 | |
44 |
4,352 | 6,447 | 7,520 | 6,088 | 5,393 | 1,694 | 12,448 | 10,711 | 4,094 | 2,198 | |
440/4 |
4,352 | 6,447 | 7,520 | 6,088 | 5,393 | 1,694 | 12,448 | 10,711 | 4,094 | 2,198 | |
45 |
20,777 | 31,032 | 22,662 | 15,611 | 14,535 | 3,689 | 11,011 | 41,956 | 7,857 | 5,413 | |
450/3 |
20,777 | 31,032 | 22,662 | 15,611 | 14,535 | 945 | 11,011 | 41,956 | 7,857 | 5,413 | |
454/9 |
- | - | - | - | - | 2,744 | - | - | - | - | |
47/48 |
98,977 | 222,546 | 283,982 | - | - | - | - | - | - | - | |
| Income statement | |||||||||||
9900 |
221,486 | 378,940 | 340,373 | 89,398 | 102,370 | -20,363 | 165,268 | 171,603 | 59,523 | 48,640 | |
62 |
91,593 | 92,324 | 85,345 | 74,853 | 72,206 | 67,902 | 65,339 | 47,033 | 37,673 | 17,650 | |
630 |
- | - | - | 0 | 24,079 | 24,079 | 20,079 | 11,109 | 3,569 | 4,351 | |
640/8 |
1,210 | 683 | 848 | 717 | 1,259 | 2,238 | 2,230 | 685 | 334 | 203 | |
66A |
- | - | - | - | 36,827 | - | - | - | - | - | |
9901 |
128,684 | 285,933 | 254,180 | 13,828 | -32,001 | -114,582 | 77,620 | 112,778 | 17,947 | 26,435 | |
75/76B |
5,121 | 15,221 | 9,708 | - | - | - | - | - | - | 5 | |
75 |
5,121 | 15,221 | 9,708 | - | - | - | - | - | - | 5 | |
65/66B |
1,457 | 80 | 76 | 455 | 105 | 124 | 86 | 96 | 142 | 67 | |
65 |
1,457 | 80 | 76 | 455 | 105 | 124 | 86 | 96 | 142 | 67 | |
9903 |
132,348 | 301,074 | 263,812 | 13,373 | -32,106 | -114,706 | 77,534 | 112,682 | 17,805 | 26,373 | |
67/77 |
33,370 | 78,528 | 31,293 | - | 0 | - | 14,401 | 21,721 | 5,359 | 8,010 | |
9904 |
98,977 | 222,546 | 232,519 | 13,373 | -32,106 | -114,706 | 63,133 | 90,960 | 12,445 | 18,363 | |
9905 |
98,977 | 222,546 | 232,519 | 13,373 | -32,106 | -114,706 | 63,133 | 90,960 | 12,445 | 18,363 | |
| Appropriation of the result | |||||||||||
9906 |
98,977 | 222,546 | 258,182 | 25,663 | 12,290 | 44,396 | 159,102 | 95,969 | 12,445 | 18,363 | |
14P |
- | - | 25,663 | 12,290 | 44,396 | - | - | - | - | - | |
791/2 |
- | - | 25,800 | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | 7,437 | 18,363 | |
6920 |
- | - | - | - | - | - | - | - | 7,437 | 18,363 | |
694/7 |
98,977 | 222,546 | 283,982 | - | - | - | - | - | - | - | |
694 |
98,977 | 222,546 | 283,982 | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||
9087 |
1 | 1.1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0.5 | |
Hours worked1013 |
1,874 | 2,136 | 1,906 | 1,866 | 1,872 | 1,916 | 1,906 | 1,836 | 1,800 | 956 | |
| Document | |||||||||||
The notes to these accounts have 1 item. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 26-04-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 26-04-2026 | 2026-00087741 | |
| 31-12-2024 | micro format | 01-07-2025 | 2025-00211656 | |
| 31-12-2023 | micro format | 12-07-2024 | 2024-00239252 | |
| 31-12-2022 | micro format | 05-08-2023 | 2023-00314832 | |
| 31-12-2021 | micro format | 31-07-2022 | 2022-20252724 | |
| 31-12-2020 | micro format | 11-07-2021 | 2021-33600076 | |
| 31-12-2019 | micro format | 29-07-2020 | 2020-35600461 | |
| 31-12-2018 | micro format | 31-07-2019 | 2019-40800112 | |
| 31-12-2017 | micro format | 17-07-2018 | 2018-34200081 | |
| 31-12-2016 | abbreviated format | 25-07-2017 | 2017-34700401 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | - | 13,828 | -7,922 | -90,503 | 97,699 | 123,886 | 21,515 | 30,786 | ||
| - | - | - | 13,373 | -8,028 | -90,627 | 83,212 | 102,069 | 16,014 | 22,715 | ||
| - | - | - | 0 | -36,827 | 20,000 | 44,850 | 37,702 | 14,576 | 3,266 | ||
| -111,109 | -158,680 | -207,412 | 35,144 | 43,728 | 116,550 | 44,184 | 107,274 | 2,922 | - | ||
| 558,000 | 558,000 | 558,000 | 609,463 | 596,090 | 567,290 | 427,917 | 339,555 | 275,188 | 273,750 | ||
| 81.8% | 68.2% | 64.0% | 96.6% | 96.8% | 99.2% | 95.5% | 87.8% | 96.0% | 97.3% | ||
| 5.50 | 3.15 | 2.78 | 29.09 | 30.91 | - | 19.24 | 7.45 | 24.02 | 36.97 | ||
| 0.22 | 0.47 | 0.56 | 0.04 | 0.03 | 0.01 | 0.05 | 0.14 | 0.04 | 0.03 | ||
| 17.7% | 39.9% | 41.7% | 2.2% | -5.4% | -18.3% | 12.8% | 24.0% | 4.3% | 6.6% | ||
| 14.5% | 27.2% | 26.7% | 2.1% | -5.2% | -18.1% | 12.2% | 21.0% | 4.1% | 6.5% | ||
| - | - | - | 30.40 | -75.22 | - | - | - | - | - |
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.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 | 1 | 1 |
| full-time | 1 | 1 | 1 | 1 | 1 |
| in full-time equivalents | 1 | 1 | 1 | 1 | 1 |
| 1 | 1.1 | 1 | 1 | 1 | |
| On a permanent contract | 1 | 1 | 1 | 1 | 1 |
| Joined | - | 2 | 1 | - | - |
| Left | - | 2 | 1 | - | - |
| Training hours | - | - | 0 | - | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
The operating result for 2025 is 55% lower than in 2024 and the lowest since 2022.
Debt's share of the balance-sheet total falls from 31.8% to 18.2%. Debt is lower.
PRACTINET has no parent and no holdings in its annual accounts.
| PRACTICALI
registered office since 26-10-2022 · founded in 2012 |
2.3 FTE (2025) 0848.432.274 |
| Practisoft
registered office since 01-02-2018 · founded in 2017 |
total assets €554,112 (2025) 0684.843.556 |
| YOUNGsource
registered office since 09-01-2018 · founded in 2018 |
total assets €37,834 (2025) 0687.677.738 |
See the function holders in the KBO register.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Hof te Perremans 16 registered office 8700 Tielt | 01-01-2016 | 2.249.658.840 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 37015A0935/00F002 | 694 m² | 1 · 163 m² | 10.3 m · 2 |
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