Equity
€2,000 from €97,527 in 2020
Equity fell by 98% in 5 years.
PRAELUDE
Lifetime
8 annual accounts with figures on one time axispeak €109,286 (2022)
€63,364▼ 16.2%
peak €78,900 (2022)
€35,341▼ 26.1%
peak €97,527 (2020)
€2,000▼ 97.5%
€121,417▲ 149%
Board2 names since 2018
2 directorsVANHAVER Gérard and 1 other
Documentsfilings and deeds
04-06-202657 days before the deadline
2025micro format
Gross margin from €75,586 to €63,364Result from €47,795 to €35,341Dividend €112,450Equity from €79,109 to €2,000Debts from €48,758 to €121,417Cash from €13,653 to €23,602
Key points
from the 2025 annual accountsTurnover
≈ €120,000 estimated
The micro format states no turnover.
Debts
€121,417 98% of the balance sheet
Suppliers 4%Taxes and wages 4%Other 92%
Liquidity
0.72 was 1.91 in 2024
Short-term debts rose from €48,758 to €121,417.
Filings
8 annual accounts 2 late
The 2019 accounts came latest: 68 days after the end of the period.
Position in the sector
€2,000
Less equity than 90% of companies in computer programming and consultancy. Sector median €69,065 · 21,223 companies.
Checked score
89
Excellent
Financially stronger than 26% of micro companies in computer programming and consultancy (NACE 62)
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 25,933 companies (NACE 62, micro).
About 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 01-2025lowest value
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 05-2025
07-2025: 0.1%● unchanged 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 01-2026
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 06-2026highest value
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 strengthAverage
Score breakdown
raises risk
Equity €2,000 (1.6% of total assets)
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Size: total assets €123,417
Liquidity: current ratio 0.72, cash €23,602
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 62, micro). It does better than 10% of them on solvency, 9% on liquidity, 82% on profitability and 4% 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, 2,153 companies had the same profile as PRAELUDE has now. Each dot stands for 6 companies, two years later.
96.0%
were still trading
2.2%
stopped another way
1.7%
went bankrupt
The bankruptcy probability of PRAELUDE itself is lower: 0.1% within 12 months. It rests on far more data about PRAELUDE 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 2,153 companies, not a prediction for PRAELUDE. 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.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 21217 sector peers (2025).
NBB · sector comparisonPosition among 21217 sector peers
Solvency
better than 10%
← weakest
strongest →
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 · 8 filingsDeviation from the deadline
2025
57 days early
2024
31 days early
2023
11 days early
2022
60 days early
2021
51 days early
2020
5 days early
2019
68 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 21 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.
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 10 June (4 of the last 5 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
- VANHAVER Jacques Charles Simon Albert 1 sharedeed of 18-06-2018
- VANHAVER Gérard Philippe Jacques 99 sharesdeed of 18-06-2018
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0697931232
Reappointment: VANHAVER Gérard (director)
General meeting of 27-12-2023 · Gazette deed
Incorporation
Founding capital of €18,600, 100 shares, €6,200 paid up · Founders: VANHAVER Jacques Charles Simon Albert and VANHAVER Gérard Philippe Jacques · Appointment: VANHAVER Gérard Philippe Jacques (manager) · published on 18-06-2018 · Gazette deed
First establishment
Vinkstraat 14, Watermael-Boitsfort
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PRAELUDE Watermael-Boitsfort | €123,417 | €63,364 | 1.6% | - |
| E-LINE SERVICES Woluwe-Saint-Lambert | €119,447 | €63,945 | 25.2% | - |
| HAXAN Molenbeek-Saint-Jean | €113,198 | €59,765 | 89.4% | - |
| SIVIT Woluwe-Saint-Pierre | €126,957 | €63,541 | 91.8% | - |
| Q-PACT Consulting Auderghem | €124,061 | €59,764 | 84.5% | - |
| NSTech Puurs-Sint-Amands | €129,154 | €65,248 | 76.8% | - |
| PEVAS Ghent | €127,800 | €65,362 | 39.9% | - |
These companies have the same main activity as PRAELUDE: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €113,000 and €129,000, founded between 2017 and 2019.
Official details
Source: KBO- Status
- Active since 14-06-2018Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200
- Establishment unit
- 2.279.672.0261170 Watermael-Boitsfort, since 14-06-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 22-12-2025
Annual accounts 2025
- €123,417▼ 3.5%
- Filing
- Filed on 04-06-2026, 57 days before the end of the filing period
Insights on PRAELUDE
PRAELUDE files the micro format. That format states no turnover. The gross margin rose from €13,265 in 2018 to €63,364 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 PRAELUDE
- What is the company number of PRAELUDE?
- The company number of PRAELUDE is 0697.931.232. The VAT number is the same number with BE in front: BE 0697.931.232.
- Where is PRAELUDE based?
- The registered office is at Vinkstraat 14, 1170 Watermael-Boitsfort.Company details
- What does PRAELUDE do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of PRAELUDE?
- PRAELUDE is a private limited company (BV).
- When was PRAELUDE founded?
- PRAELUDE was founded on 14-06-2018.
- Is PRAELUDE still active?
- Yes, PRAELUDE is an active enterprise in the KBO register.
- What is the turnover of PRAELUDE?
- The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €63,364 and 60 comparable companies (NACE 62200). It probably lies between €110,000 and €160,000.Financials
- Is PRAELUDE profitable?
- In financial year 2025, PRAELUDE made a profit of €35,341.
- Where can I find the annual accounts of PRAELUDE?
- PRAELUDE filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PRAELUDE due?
- PRAELUDE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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