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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Tight liquidity NBB
Cash and receivables cover 26 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PRAET from Wommelgem, company number BE0455196650, closed financial year 2025 with a result of € -26,306 after tax. For that financial year PRAET recorded a gross margin of € 76,858 and equity of € 92,493. Compared with financial year 2024, the result moved from € 35,013 to € -26,306. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 92,493
▼ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -26,306
▼ still € 35,013 profit in 2024
Profit after tax over the fiscal year.
€ 106,587
▲ 249% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 29,493.
People and assets in 2025
€ 23,137
▲ € 19,397 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 515,228
▼ 42% vs 2024
€ 46,678 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 283,563
Supplier invoices still open on the last day of the fiscal year.
€ 100,398
▲ € 87,503 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 26,723 | € 94,825 | € 106,340 | € 76,858 | ▼ 28% |
| Profit after taxes | € -10,090 | € 60,018 | € 35,013 | € -26,306 | ▼ € 61,319 |
| Equity | € 23,768 | € 83,786 | € 118,799 | € 92,493 | ▼ 22% |
| Total debts | € 1,072,822 | € 1,165,530 | € 1,205,922 | € 1,275,526 | ▲ 6% |
| Cash | € 14,065 | € 44,916 | € 30,558 | € 106,587 | ▲ 249% |
| Land & buildings | € 731,528 | € 716,623 | € 701,719 | € 686,815 | ▼ 2% |
| Retained profit | € -39,232 | € 20,786 | € 55,799 | € 29,493 | ▼ 47% |
| Bank debt | € 759,774 | € 862,232 | € 883,604 | € 515,228 | ▼ 42% |
| Balance sheet total | € 1,096,590 | € 1,249,316 | € 1,324,721 | € 1,368,019 | ▲ 3% |
Key figures of PRAET, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to PRAET?
What happened at PRAET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 26,306 (▼ € 61,319 vs 2024). Source: NBB ↗
- New establishment in Wommelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,090 loss in 2022 to € 26,306 loss in 2025.
Paid € 38,466 in corporate taxes since 2022.
Best year ever: 2023, with € 60,018 profit.
Management
Behind PRAET are Alain Albert Praet and Lander Praet. The same people are also behind PRAEDIUM.
Establishments
Establishment units
Physical locations of this company
Uilenbaan 75
2160 Wommelgem
Herentalsebaan 406
2160 Wommelgem
Active since 23 May 1995
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0455.196.650
- VAT number
- BE 0455.196.650
- Registered office
- Uilenbaan 75, 2160 Wommelgem
- Names & denominations
- PRAET
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 May 1995
- Peppol
- Active · Active since 28 Aug 2023
- Activities · NACE
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