PRAVO
ActivePRAVO has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €11k and a net result of €-6k. Equity is shrinking by ~13.2% per year across the filed fiscal years. Its solvency ranks better than 52% of 9517 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
47
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-75
Solvency78▼-22
Growth22▼-13
Track record94
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.72 against 1.0 in 2023; short-term debt: 47.3% and cash: 8.5% of total assets), and 47.3% 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+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
52.7%
Return on assets
-30.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
30 d early
2022
31 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€43k▼ 40.2%
2023 · €72k
2022: €115k
2023: €72k
2022 → 2024
EBIT margin
-14.9%▼ 20.4pp
2023 · 5.6%
2022: 15.2%
2023: 5.6%
2022 → 2024
Net result
€-6k
2023 · €2k
2022: €13k
2023: €2k
2022 → 2024
Working capital
€-3k▼ 17,274%
2023 · €-17
2022: €-2k
2023: €-17
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Turnover€115k-€72k▼ 37.7%€43k▼ 40.2%
Equity€15k-€18k▲ 15.5%€11k▼ 36.4%
Operating result€17k-€4k▼ 77.2%€-6k
Net result€13k-€2k▼ 81.5%€-6k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €6k after €4k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €22k
Fixed assets
€14k▼ 20.2%
Current assets
€7k▲ 34.8%
Equity and liabilities €22k
Equity
€11k▼ 36.4%
Debt
€10k▲ 87.6%
The debt ratio rises from 23.3% to 47.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-3k▼
2023 · €7k
Cash flow
€-3k▼
2023 · €6k
Solvency
52.7%▼
2023 · 76.7%
Current ratio
0.72▼
2023 · 1.00
Quick ratio
0.72▼
2023 · 1.00
Debt / equity
0.90▲
2023 · 0.30
ROE
-57.1%▼
2023 · 13.4%
ROA
-30.1%▼
2023 · 10.3%
Interest coverage
-27.84▼
2023 · 133.51
Debt
€10k▲
2023 · €5k
Debt ≤ 1 year
€10k▲
2023 · €5k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€23k€22k▼
Fixed assets21/28€18k€14k▼
Tangible fixed assets22/27€18k€14k▼
Land and buildings22€2k€2k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€14k€11k▼
Current assets29/58€5k€7k▲
Amounts receivable after more than one year29€0-
Trade receivables290€0-
Other amounts receivable291€0-
Amounts receivable within one year40/41€4k€5k▲
Trade receivables40€4k€5k▲
Other amounts receivable41€55€55=
Cash at bank and in hand54/58€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€23k€22k▼
Equity10/15€18k€11k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€15k€9k▼
Amounts payable17/49€5k€10k▲
Amounts payable within one year42/48€5k€10k▲
Trade debts44€3k€4k▲
Suppliers440/4€3k€4k▲
Taxes, remuneration and social security45€2k€3k▲
Taxes450/3€2k€2k▼
Remuneration and social security454/9€747€1k▲
Other amounts payable47/48-€3k
Income statement
Code20232024
Turnover70€72k€43k▼
Goods, raw materials, services and sundry goods60/61€50k€48k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€1k€1k▼
Gross operating margin9900€9k€-2k▼
Operating profit (loss)9901€4k€-6k▼
Financial income75/76B€36€0▼
Recurring financial income75€36€0▼
Financial charges65/66B€55€100▲
Recurring financial charges65€55€100▲
Profit (loss) for the period before taxes9903€4k€-6k▼
Income taxes67/77€2k-
Profit (loss) for the period9904€2k€-6k▼
Profit (loss) for the period to be appropriated9905€2k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€15k€9k▼
Profit (loss) brought forward from the previous period14P€13k€15k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
31-03
State Gazette act
Registered office · Resignations & appointmentsGeneral meeting · Director resignation · Director discharge7 facts ▸
State Gazette act
Registered office · Resignations & appointments
General meeting · Director resignation · Director discharge7 facts ▸
- General meeting, 01/01/2024
- Director resignation, Herman Janssen (niet-statutaire bestuurder)
- Director discharge, Herman Janssen
- Director appointment, Tim Janssen (niet-statutaire bestuurder)
- Mandate compensation, Tim Janssen
- Board meeting, 01/09/2025
- Registered-office move, Paviljoenweg 65, 2400 Mol
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-6k ▼371%
Net result drops to €-6k, the lowest in the series.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2024
JANSSEN Tim
CurrentNon-statutory director · since 01-01-2024
01-01-2024
JANSSEN Tim: Appointed as Non-statutory director
01-01-2024
Herman Janssen: Resigned as Non-statutory director
Location & real-estate footprint
Registered office, Mol · 1 establishment unit since 2022
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.
Paviljoenweg 652400 MolGround area
3,517 m²
Building footprint
327 m²
Volume, LiDAR
1,756 m³
2 parcels, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PRAVO
since 20222.327.562.114
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13025G0981/00P000 | Flanders | 1,779 m² | 1 · 159 m² | 8.8 m · 2 fl. |
| 13025G0983/00Z006 | Flanders | 1,737 m² | 1 · 167 m² | 6.3 m · 2 fl. |
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.
Similar companies · same sector, comparable size
PiDEK
BE 0770.232.161
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GA Management
BE 0783.365.466
Bornem · Eq €11k
YOFI
BE 0672.523.665
Gent · Eq €11k
Borre
BE 0782.435.751
Heist-op-den-Berg · Eq €11k
SKILLMEDIA
BE 0652.708.941
Antwerpen · Eq €11k
Of 24,503 companies in sector 82990 we hold annual accounts for 9,402. 4,779 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-02-2022
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.