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WT PRACTICE

Active
Private limited companyfounded 20196 yrs activeElf-Novemberlaan 8, 3500 Hasselt, BelgiumKBO/BCE: BE 0739.787.326

WT PRACTICE has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €78k and a net result of €30k. Equity is growing by ~39.5% per year across the filed fiscal years. Its solvency ranks better than 77% of 12690 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
90 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+7
Solvency100▲+13
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 4.17 against 2.85 in 2024; short-term debt: 20.2% and cash: 20.2% of total assets), and 20.2% 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+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies more bankruptcies →
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 6 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
79.8%
Return on assets
30.2%
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 23-07-2026, 8 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
8 d early
2024
on the day
2023
30 d late
2022
29 d late
2021
37 d early
2020
31 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 months
Position in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€78k▲ 24.1%
2024 · €63k
2020: €15k 2021: €23k 2022: €29k 2023: €43k 2024: €63k
2020 → 2025
Total assets
€98k▼ 3.0%
2024 · €101k
2020: €26k 2021: €32k 2022: €37k 2023: €68k 2024: €101k
2020 → 2025
Net result
€30k▲ 50.7%
2024 · €20k
2020: €14k 2021: €8k 2022: €6k 2023: €14k 2024: €20k
2020 → 2025
Working capital
€63k▲ 3.8%
2024 · €60k
2020: €15k 2021: €21k 2022: €25k 2023: €47k 2024: €60k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€23k-€29k▲ 24.3%€43k▲ 50.4%€63k▲ 45.3%€78k▲ 24.1%
Operating result€13k-€11k▼ 16.3%€23k▲ 114%€29k▲ 28.1%€45k▲ 54.4%
Net result€8k-€6k▼ 27.9%€14k▲ 158%€20k▲ 35.2%€30k▲ 50.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40kOperating result 2021: €13k€13kNet result 2021: €8k€8kOperating result 2022: €11k€11kNet result 2022: €6k€6kOperating result 2023: €23k€23kNet result 2023: €14k€14kOperating result 2024: €29k€29kNet result 2024: €20k€20kOperating result 2025: €45k€45kNet result 2025: €30k€30k20212022202320242025
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 54% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €98k
Fixed assets €15k▲ 98.3%
Current assets €82k▼ 11.3%
Equity and liabilities €98k
Equity €78k▲ 24.1%
Debt €20k▼ 47.9%
The debt ratio falls from 37.6% to 20.2%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€46k
2024 · €31k
Cash flow
€31k
2024 · €22k
Solvency
79.8%
2024 · 62.4%
Current ratio
4.17
2024 · 2.85
Quick ratio
4.17
2024 · 2.85
Debt / equity
0.25
2024 · 0.60
ROE
37.8%
2024 · 31.2%
ROA
30.2%
2024 · 19.4%
Interest coverage
19.65
2024 · 26.18
Debt
€20k
2024 · €38k
Debt ≤ 1 year
€20k
2024 · €33k
Debt > 1 year
€0
2024 · €5k
Income taxes
€14k
2024 · €11k
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€101k€98k
Fixed assets21/28€8k€15k
Tangible fixed assets22/27€8k€15k
Land and buildings22€7k€15k
Furniture and vehicles24€252€0
Current assets29/58€93k€82k
Amounts receivable within one year40/41€59k€61k
Trade receivables40€11k€12k
Other amounts receivable41€47k€48k
Cash at bank and in hand54/58€34k€20k
Deferred charges and accrued income490/1€872€2k
Equity and liabilities
Total equity and liabilities10/49€101k€98k
Equity10/15€63k€78k
Contributions10/11€1k€1k=
Reserves13€62k€77k
Distributable reserves133€62k€77k
Profit (loss) carried forward14-€0
Amounts payable17/49€38k€20k
Amounts payable after more than one year17€5k€0
Financial debts170/4€5k€0
Amounts payable within one year42/48€33k€20k
Current portion of amounts payable after more than one year42€5k€7k
Trade debts44€3k€5k
Suppliers440/4€3k€5k
Taxes, remuneration and social security45€24k€8k
Taxes450/3€20k€8k
Remuneration and social security454/9€5k€0
Accrued charges and deferred income492/3€87-
Income statement Code20242025
Non-recurring operating income76A-€70
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k
Other operating charges640/8€412€978
Gross operating margin9900€31k€47k
Operating profit (loss)9901€29k€45k
Financial income75/76B€2k€1k
Recurring financial income75€2k€1k
Financial charges65/66B€1k€2k
Recurring financial charges65€1k€2k
Profit (loss) for the period before taxes9903€30k€44k
Income taxes67/77€11k€14k
Profit (loss) for the period9904€20k€30k
Profit (loss) for the period to be appropriated9905€20k€30k
Appropriation of the result
Profit (loss) to be appropriated9906€20k€30k
Transfer from equity791/2-€14k
Transfer to equity691/2€20k€30k
To other reserves6921€20k€30k
Profit to be distributed694/7-€14k
Return on contributions (dividend)694-€14k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
23-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2020net €30k ▲50.7%
Operating result €45k, net result €30k, both a record.
31-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
29-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial Weakest financial yearnet €6k ▼27.9%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
24-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Hasselt · 1 establishment unit since 2019
establishment The establishment unit on the map
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.

Elf-Novemberlaan 83500 Hasselt
Ground area
1,188 m²
Building footprint
230 m²
Volume, LiDAR
1,484 m³
Parcel 71328D0367/00P000, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WT PRACTICE
Elf-Novemberlaan 8, 3500 HasseltActivities of lawyers
since 20192.297.658.596
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71328D0367/00P000 Flanders 1,188 m² 1 · 230 m² 10.2 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.

Structure & network

Connections & network

1 connected company
Network connections
LEGAL LAB
Shared address

Public money · subsidies and aid

Flemish government

2022 · 1 entry · 94 EUR awarded · 94 EUR paid
Year Entries awardedpaid
2022 1 94 EUR94 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 94 EUR · 94 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 22,054 companies in sector 69101 we hold annual accounts for 9,053. 7,523 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded18-12-2019
Fiscal year end31-12
Activities, NACEBEL
69101Activities of lawyers
Sources
Crossroads Bank for EnterprisesNational Bank · 6 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.