Practisoft
ActivePractisoft has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €510k and a net result of €23k. Equity is growing by ~8% per year across the filed fiscal years. Its solvency ranks better than 87% of 679 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▲+27
Solvency100▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 12.53 against 3.35 in 2024; short-term debt: 8% and cash: 21% of total assets), and 8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 58
Relative position
BE, all sectors
reference
Sector 58
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
92%
Return on assets
4.1%
Age of the figures
9 mo
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 26-04-2026, 96 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
96 d early
2024
30 d early
2023
19 d early
2022
5 d late
2021
on the day
2020
19 d early
2019
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€510k=
2024 · €510k
2018: €181k
2019: €322k
2020: €333k
2021: €617k
2022: €637k
2023: €672k
2024: €510k
2018 → 2025
Total assets
€554k▼ 23.8%
2024 · €727k
2018: €182k
2019: €370k
2020: €382k
2021: €642k
2022: €673k
2023: €698k
2024: €727k
2018 → 2025
Net result
€23k▼ 21.8%
2024 · €29k
2018: €-19k
2019: €80k
2020: €11k
2021: €34k
2022: €21k
2023: €35k
2024: €29k
2018 → 2025
Working capital
€509k=
2024 · €509k
2018: €171k
2019: €309k
2020: €325k
2021: €615k
2022: €636k
2023: €672k
2024: €509k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€617k-€637k▲ 3.4%€672k▲ 5.5%€510k▼ 24.1%€510k=
Operating result€42k-€31k▼ 27.8%€32k▲ 4.7%€30k▼ 6.0%€27k▼ 10.4%
Net result€34k-€21k▼ 38.0%€35k▲ 67.4%€29k▼ 17.3%€23k▼ 21.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 10% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €554k
Fixed assets
€1k▲ 23.4%
Current assets
€553k▼ 23.8%
Equity and liabilities €554k
Equity
€510k=
Debt
€44k▼ 79.7%
The debt ratio falls from 29.8% to 8.0%. Debt is lower.
Key figures and ratios
EBITDA
€27k▼
2024 · €30k
Cash flow
€23k▼
2024 · €29k
Solvency
92.0%▲
2024 · 70.2%
Current ratio
12.53▲
2024 · 3.35
Quick ratio
12.53▲
2024 · 3.35
Debt / equity
0.09▼
2024 · 0.43
ROE
4.4%▼
2024 · 5.6%
ROA
4.1%▲
2024 · 4.0%
Interest coverage
17.91
Debt
€44k▼
2024 · €217k
Debt ≤ 1 year
€44k▼
2024 · €217k
Income taxes
€8k▼
2024 · €14k
Staff costs
€92k▲
2024 · €88k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€727k€554k▼
Fixed assets21/28€1k€1k▲
Tangible fixed assets22/27€1k€1k▲
Plant, machinery and equipment23€1k€1k▲
Current assets29/58€726k€553k▼
Amounts receivable within one year40/41€18k€9k▼
Other amounts receivable41€18k€9k▼
Current investments50/53€451k€428k▼
Cash at bank and in hand54/58€257k€116k▼
Equity and liabilities
Total equity and liabilities10/49€727k€554k▼
Equity10/15€510k€510k=
Contributions10/11€510k€510k=
Amounts payable17/49€217k€44k▼
Amounts payable within one year42/48€217k€44k▼
Trade debts44€8k€3k▼
Suppliers440/4€8k€3k▼
Taxes, remuneration and social security45€18k€18k▲
Taxes450/3€6k€6k▼
Remuneration and social security454/9€12k€12k▲
Other amounts payable47/48€191k€23k▼
Income statement
Code20242025
Remuneration, social security and pensions62€88k€92k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€286€393▲
Other operating charges640/8€683€593▼
Gross operating margin9900€119k€120k▲
Operating profit (loss)9901€30k€27k▼
Financial income75/76B€13k€5k▼
Recurring financial income75€13k€5k▼
Financial charges65/66B-€2k
Recurring financial charges65-€2k
Profit (loss) for the period before taxes9903€43k€30k▼
Income taxes67/77€14k€8k▼
Profit (loss) for the period9904€29k€23k▼
Profit (loss) for the period to be appropriated9905€29k€23k▼
Appropriation of the result
Profit (loss) to be appropriated9906€191k€23k▼
Profit (loss) brought forward from the previous period14P€162k-
Profit to be distributed694/7€191k€23k▼
Return on contributions (dividend)694€191k€23k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity quadruplescurrent ratio 12.53
Current ratio from 3.35 to 12.53; short-term debt falls from €217k to €44k.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
05-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 5 days late
2022
31-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity triplescurrent ratio 24.99
Current ratio from 7.64 to 24.99; short-term debt falls from €49k to €26k.
31-12
Financial
Equity above €500kEq €617k ▲85.1%
3 profitable years in a row build equity to €617k.
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €80k
Net result €80k after one loss-making year.
31-12
Financial
Equity above €200kEq €322k ▲77.3%
Equity rises from €181k to €322k.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tielt · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Hof te Perremans 168700 TieltGround area
694 m²
Building footprint
163 m²
Volume, LiDAR
1,055 m³
Parcel 37015A0935/00F002, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Practisoft
since 20182.272.673.475
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37015A0935/00F002 | Flanders | 694 m² | 1 · 163 m² | 10.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
PRONETIC SOFTWARE SERVICES
BE 0877.377.767
Mechelen · Eq €510k
THREE AND A HALF ROSES
BE 0847.069.722
Rumst · Eq €506k
eSPHERES
BE 0841.887.843
Etterbeek · Eq €517k
MICRO COMPUTERS PERIPHERALS AND SYSTEMS SA
BE 0424.167.736
Aywaille · Eq €523k
UPTIME UNLIMITED
BE 0886.285.040
Antwerpen · Eq €497k
Of 1,284 companies in sector 58290 we hold annual accounts for 593. 393 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-11-2017
Fiscal year end31-12
Activities, NACEBEL
58290Other software publishing
62020IT consultancy
62200Computer consultancy and computer facilities management
47400Retail sale of information and communication equipment
47410Retail trade
62030Computer programming, consultancy and related activities
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
63120Computing infrastructure, data processing, hosting and other information service activities
63910Web portal activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.