Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Late annual account NBB
Fiscal year 2024 was filed 228 days after the legal deadline.
Financials
Financial year 2024
PRACO from Aywaille, company number BE0443979094, closed financial year 2024 with a result of € 27,943 after tax. For that financial year PRACO recorded a gross margin of € 99,172 and equity of € 148,732. Compared with financial year 2023, the result moved from € -50,642 to € 27,943. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on March 16, 2026.
€ 148,732
▲ 23% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 27,943
▲ still € 50,642 loss in 2023
Profit after tax over the fiscal year.
€ 1,643
▼ 96% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 86,732.
People and assets in 2024
€ 36,922
▼ 15% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 344,342
▼ 6% vs 2023
€ 69,294 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 49,560
▼ 1% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 82,105
▲ 224% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 146,004 | € 104,452 | € 21,593 | € 99,172 | ▲ € 77,579 |
| Profit after taxes | € 109,666 | € 32,532 | € -50,642 | € 27,943 | ▲ € 78,585 |
| Equity | € 138,900 | € 171,432 | € 120,790 | € 148,732 | ▲ 23% |
| Total debts | € 411,033 | € 587,414 | € 457,944 | € 511,054 | ▲ 12% |
| Cash | € 10,955 | € 9,143 | € 37,488 | € 1,643 | ▼ 96% |
| Retained profit | € 76,900 | € 109,432 | € 58,790 | € 86,732 | ▲ 48% |
| Bank debt | € 179,901 | € 517,692 | € 367,128 | € 344,342 | ▼ 6% |
| Balance sheet total | € 567,537 | € 772,891 | € 578,733 | € 659,786 | ▲ 14% |
Key figures of PRACO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to PRACO?
What happened at PRACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Robin HEEREN stepped down as director. NBB
- FFRW SRL stepped down as director. NBB
- Ferdinand HEEREN stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 27,943. filed late Source: NBB ↗
- Robin HEEREN became a director. NBB
- Ferdinand HEEREN became a director. NBB
- FFRW SRL became a director. NBB
- New establishment in Aywaille. KBO
In short
From € 109,666 profit in 2021 to € 27,943 profit in 2024.
Paid € 66,143 in corporate taxes since 2021.
Best year ever: 2021, with € 109,666 profit.
Management
Directors
According to the 2024 annual accounts
Robin HEEREN
Director
since 2025 · until 2026
Director · represented by HEEREN Hugo
since 2010 · until 2026
Ferdinand HEEREN
Director
since 2025 · until 2026
Establishments
Establishment units
Physical locations of this company
Rue de Raborive 2
4920 Aywaille
Raborive 2
4920 Aywaille
Active since 11 July 1996
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0443.979.094
- VAT number
- BE 0443.979.094
- Registered office
- Rue de Raborive 2, 4920 Aywaille
- Names & denominations
- PRACO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 April 1991
- Peppol
- Active · Active since 1 Jan 2001
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