PRACTOR
ActiveSummary
The annual accounts of PRACTOR for financial year 2025 show a net loss of 86% of total assets. The 2025 annual accounts show equity of €692 and a net result of -€593. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 95% of 1,784 sector peers (NACE 77, financial year 2025). The company has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
- Equity
- €692
- Loss
- -€593
Why 56raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €593, the second in a row (financial year 2025)No registered site in the KBOlowers riskLiquidity: cash €692, halvedEquity €692 (100.0% of total assets)Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 77, micro): better than 91% on solvency, 98% on liquidity, 6% on profitability and 12% on growth.
The bankruptcy probability was computed on 12-10-2026 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
This company filed its last 7 accounts on average 12 days before the deadline; the sector median (NACE 77) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · full…
Financials · financial year 2025, micro format
2019 to 2025, 4 financial years 2019 to 2025, 4 financial years
The operating result stays negative: a loss of €443 in 2025 against €2,639 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 77, Rental and leasing activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.
Peer companies
Historical observationOf the 5,835 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 84.5% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,468 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 5,835 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2019 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Turnover70 | €19,886 | €0 | - | €2,444 | - |
| Non-recurring operating income76A | - | €11,691 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €0 | €1,583 | €2,434 | ▲ 53.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,112 | €130 | - | - | - |
| Other operating charges640/8 | - | €348 | €470 | €453 | ▼ 3.5% |
| Non-recurring operating charges66A | - | €0 | €587 | - | - |
| Gross operating margin9900 | -€3,118 | €11,691 | -€1,583 | €10 | - |
| Operating profit (loss)9901 | -€19,353 | €11,213 | -€2,639 | -€443 | ▲ 83.2% |
| Financial income75/76B | - | €59 | - | - | - |
| Recurring financial income75 | €0 | €59 | - | - | - |
| Non-recurring financial income76B | - | €0 | - | - | - |
| Financial charges65/66B | - | €170 | €164 | €150 | ▼ 8.7% |
| Recurring financial charges65 | €194 | €170 | €164 | €150 | ▼ 8.7% |
| Non-recurring financial charges66B | - | €0 | - | - | - |
| Profit (loss) for the period before taxes9903 | -€19,547 | €11,102 | -€2,804 | -€593 | ▲ 78.8% |
| Profit (loss) for the period9904 | -€19,547 | €11,102 | -€2,804 | -€593 | ▲ 78.8% |
| Profit (loss) for the period to be appropriated9905 | -€19,547 | €11,102 | -€2,804 | -€593 | ▲ 78.8% |
| Line | 2019 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €8,828 | €4,452 | €2,518 | €692 | ▼ 72.5% |
| Formation expenses20 | €0 | €0 | - | - | - |
| Fixed assets21/28 | €4,685 | €0 | - | - | - |
| Tangible fixed assets22/27 | €4,685 | €0 | - | - | - |
| Land and buildings22 | - | €0 | - | - | - |
| Plant, machinery and equipment23 | - | €0 | - | - | - |
| Furniture and vehicles24 | - | €0 | - | - | - |
| Other tangible fixed assets26 | - | €0 | - | - | - |
| Current assets29/58 | €4,143 | €4,452 | €2,518 | €692 | ▼ 72.5% |
| Amounts receivable after more than one year29 | - | €0 | - | - | - |
| Stocks and contracts in progress3 | €1,202 | €0 | - | - | - |
| Stocks30/36 | - | €0 | - | - | - |
| Amounts receivable within one year40/41 | - | €0 | - | - | - |
| Trade receivables40 | - | €0 | - | - | - |
| Cash at bank and in hand54/58 | €2,942 | €4,452 | €2,518 | €692 | ▼ 72.5% |
| Deferred charges and accrued income490/1 | - | €0 | - | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €8,828 | €4,452 | €2,518 | €692 | ▼ 72.5% |
| Equity10/15 | -€17,503 | €4,089 | €1,286 | €692 | ▼ 46.1% |
| Contributions10/11 | €18,750 | €18,750 | €18,750 | €18,750 | = |
| Capital10 | - | €0 | - | - | - |
| Issued capital100 | - | €0 | - | - | - |
| Contributions outside capital11 | - | €18,750 | €18,750 | €18,750 | = |
| Share premium1100/10 | - | €18,750 | €18,750 | €18,750 | = |
| Revaluation surpluses12 | - | €0 | - | - | - |
| Reserves13 | - | €0 | - | - | - |
| Non-distributable reserves130/1 | - | €0 | - | - | - |
| Profit (loss) carried forward14 | -€36,253 | -€14,661 | -€17,465 | -€18,058 | ▼ 3.4% |
| Provisions and deferred taxes16 | - | €0 | - | - | - |
| Provisions for liabilities and charges160/5 | - | €0 | - | - | - |
| Amounts payable17/49 | €26,331 | €363 | €1,233 | - | - |
| Amounts payable after more than one year17 | - | €0 | - | - | - |
| Financial debts170/4 | - | €0 | - | - | - |
| Advances received on contracts in progress176 | - | €0 | - | - | - |
| Other amounts payable178/9 | - | €0 | - | - | - |
| Amounts payable within one year42/48 | €16,221 | €363 | €1,233 | - | - |
| Current portion of amounts payable after more than one year42 | - | €0 | - | - | - |
| Financial debts43 | - | €0 | - | - | - |
| Other loans439 | - | €0 | - | - | - |
| Trade debts44 | €14,325 | €363 | €1,233 | - | - |
| Suppliers440/4 | - | €363 | €1,233 | - | - |
| Taxes, remuneration and social security45 | - | €0 | - | - | - |
| Taxes450/3 | - | €0 | - | - | - |
| Accrued charges and deferred income492/3 | - | €0 | - | - | - |
| Line | 2019 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€19,547 | €11,102 | -€2,804 | -€593 | ▲ 78.8% |
| + Depreciation and write-downs630 | €1,112 | €130 | - | - | - |
| Operating cash flow (approximation) | -€18,435 | €11,232 | -€2,804 | -€593 | ▲ 78.8% |
| Change in cash | - | - | -€1,934 | -€1,826 | ▲ 5.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 23 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | micro format | 20-04-2026 | 2026-00082248 |
| 30-09-2024 | micro format | 02-04-2025 | 2025-00061343 |
| 30-09-2023 | full format | 14-03-2024 | 2024-00044187 |
| 30-09-2020 | full format | 20-04-2021 | 2021-10800409 |
| 30-09-2019 | full format | 22-07-2020 | 2020-32800147 |
| 30-09-2018 | full format | 22-03-2019 | 2019-07800489 |
| 30-09-2017 | full format | 27-03-2018 | 2018-08200435 |
| 30-09-2016 | full format | 08-04-2017 | 2017-09200355 |
| 30-09-2015 | full format | 01-03-2016 | 2016-05400372 |
| 30-09-2014 | full format | 16-03-2015 | 2015-06200177 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
About the unread acts
We know of 2 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 13 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 63076C1199/00F000 | Wallonia | 2,108 m² | 1 · 131 m² | - |