PRAET
ActivePRAET has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €92k and a net result of €-26k. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 29% of 14038 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
48
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability29▼-12
Solvency32▼-2
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity short (current ratio 0.69 against 0.95 in 2024; short-term debt: 68.9% and cash: 7.8% of total assets), and 93.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
96 d late
2023
101 d late
2022
174 d late
2021
31 d late
2020
75 d late
2019
86 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€92k▼ 22.1%
2024 · €119k
2019: €109k
2020: €104k
2021: €34k
2022: €24k
2023: €84k
2024: €119k
2019 → 2025
Total assets
€1.37M▲ 3.3%
2024 · €1.32M
2019: €940k
2020: €743k
2021: €856k
2022: €1.10M
2023: €1.25M
2024: €1.32M
2019 → 2025
Net result
€-26k
2024 · €35k
2019: €154k
2020: €-5k
2021: €-70k
2022: €-10k
2023: €60k
2024: €35k
2019 → 2025
Working capital
€-289k▼ 830%
2024 · €-31k
2019: €121k
2020: €52k
2021: €-215k
2022: €-236k
2023: €-44k
2024: €-31k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€34k-€24k▼ 29.8%€84k▲ 253%€119k▲ 41.8%€92k▼ 22.1%
Operating result€-58k-€7k€77k▲ 1,073%€82k▲ 6.3%€53k▼ 34.8%
Net result€-70k-€-10k▲ 85.6%€60k€35k▼ 41.7%€-26k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 35% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.37M
Fixed assets
€715k▼ 3.3%
Current assets
€653k▲ 11.5%
Equity and liabilities €1.37M
Equity
€92k▼ 22.1%
Debt
€1.28M▲ 5.8%
The debt ratio rises from 91.0% to 93.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€76k▼
2024 · €98k
Cash flow
€-4k▼
2024 · €51k
Solvency
6.8%▼
2024 · 9.0%
Current ratio
0.69▼
2024 · 0.95
Quick ratio
0.26▲
2024 · 0.14
Debt / equity
13.79▲
2024 · 10.15
ROE
-28.4%▼
2024 · 29.5%
ROA
-1.9%▼
2024 · 2.6%
Interest coverage
1.54▼
2024 · 2.25
Debt
€1.28M▲
2024 · €1.21M
Debt ≤ 1 year
€942k▲
2024 · €617k
Debt > 1 year
€334k▼
2024 · €589k
Income taxes
€31k▲
2024 · €3k
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€1.32M€1.37M▲
Fixed assets21/28€739k€715k▼
Tangible fixed assets22/27€736k€712k▼
Land and buildings22€702k€687k▼
Plant, machinery and equipment23€31k€2k▼
Furniture and vehicles24€4k€23k▲
Financial fixed assets28€3k€3k=
Current assets29/58€586k€653k▲
Stocks and contracts in progress3€498k€406k▼
Stocks30/36€498k€406k▼
Amounts receivable within one year40/41€57k€140k▲
Trade receivables40€56k€140k▲
Other amounts receivable41€1k€0▼
Cash at bank and in hand54/58€31k€107k▲
Equity and liabilities
Total equity and liabilities10/49€1.32M€1.37M▲
Equity10/15€119k€92k▼
Contributions10/11€63k€63k=
Capital10€63k€63k=
Issued capital100€63k€63k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€49k€23k▼
Amounts payable17/49€1.21M€1.28M▲
Amounts payable after more than one year17€589k€334k▼
Financial debts170/4€544k€289k▼
Other amounts payable178/9€45k€45k=
Amounts payable within one year42/48€617k€942k▲
Current portion of amounts payable after more than one year42€58k€47k▼
Financial debts43€281k€180k▼
Credit institutions430/8€281k€180k▼
Trade debts44€0€284k▲
Suppliers440/4€0€284k▲
Taxes, remuneration and social security45€13k€100k▲
Taxes450/3€13k€100k▲
Other amounts payable47/48€264k€331k▲
Income statement
Code20242025
Non-recurring operating income76A-€24k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€22k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€972
Other operating charges640/8€8k€323▼
Gross operating margin9900€106k€77k▼
Operating profit (loss)9901€82k€53k▼
Financial income75/76B€0€185▲
Recurring financial income75€0€185▲
Financial charges65/66B€44k€49k▲
Recurring financial charges65€44k€49k▲
Profit (loss) for the period before taxes9903€38k€4k▼
Income taxes67/77€3k€31k▲
Profit (loss) for the period9904€35k€-26k▼
Profit (loss) for the period to be appropriated9905€35k€-26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€49k€23k▼
Profit (loss) brought forward from the previous period14P€14k€49k▲
The notes to these accounts (12 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
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 96 days late
2024
30-09
Financial
Equity above €100kEq €119k ▲41.8%
2 profitable years in a row build equity to €119k.
09-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 101 days late
2023
21-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 174 days late
30-09
Financial
Back to profitnet €60k
Net result €60k after 3 loss-making years.
2022
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-09
Financial
Weakest financial yearnet €-70k
Net result drops to €-70k, the lowest in the series; recovery starts the following year.
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 75 days late
2020
04-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
05-02
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 189 days late
2016
29-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Wommelgem · 1 establishment unit since 1995
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.
Uilenbaan 752160 WommelgemGround area
2.4 ha
Building footprint
4,739 m²
Volume, LiDAR
28,201 m³
2 parcels, Flanders · tallest building 15.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Clatch Coffee
since 19952.071.691.950
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11052A0328/00A000 | Flanders | 2.2 ha | 1 · 4,418 m² | 9.9 m · 2 fl. |
| 11052B0002/00F007 | Flanders | 2,156 m² | 1 · 321 m² | 15.1 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Domus JC
BE 0544.615.408
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ALEAC
BE 0502.753.770
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BGIM
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Of 7,321 companies in sector 68110 we hold annual accounts for 5,381. 3,661 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded04-05-1995
Fiscal year end30-09
Activities, NACEBEL
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.