Financials
Financial year 2025
PRAXIS GROUP from Kortrijk, company number BE0478243652, closed financial year 2025 with a result of € 417,227 after tax. For that financial year PRAXIS GROUP recorded a gross margin of € 2 million and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 289,615 to € 417,227. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 1.4 million
▲ 44% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 417,227
▲ 44% vs 2024
Profit after tax over the fiscal year.
€ 580,056
▲ 38% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -2 million.
People and assets in 2025
16.9
▲ 2.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▲ 15% vs 2024
€ 77,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 18,182
▲ € 15,822 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 97,729
▼ 47% vs 2024
€ 32,614 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 208,217
▲ 44% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 158,206
▲ 4% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 990,008 | € 1,242,373 | € 1,630,124 | € 1,970,695 | ▲ 21% |
| Profit after taxes | € 10,663 | € 112,095 | € 289,615 | € 417,227 | ▲ 44% |
| Equity | € 553,023 | € 665,117 | € 954,732 | € 1,371,959 | ▲ 44% |
| Total debts | € 307,871 | € 299,125 | € 479,059 | € 464,151 | ▼ 3% |
| Cash | € 234,352 | € 181,119 | € 419,532 | € 580,056 | ▲ 38% |
| Retained profit | € -2,804,677 | € -2,692,582 | € -2,402,967 | € -1,985,741 | ▲ € 417,226 |
| Bank debt | € 48,159 | € 34,844 | € 182,715 | € 97,729 | ▼ 47% |
| Balance sheet total | € 860,894 | € 964,242 | € 1,433,791 | € 1,836,111 | ▲ 28% |
| Employees (FTE) | 12.6 | 14.1 | 14.7 | 16.9 | ▲ 2.2 |
Key figures of PRAXIS GROUP, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to PRAXIS GROUP?
What happened at PRAXIS GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Geert Vanhalst stepped down as director. NBB
- Double U Consulting BVBA stepped down as director. NBB
- ECDA BVBA stepped down as director. NBB
- Jurgen Van Leene stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 417,227 (▲ 44% vs 2024). filed late Source: NBB ↗
- Geert Vanhalst became a director. NBB
- Double U Consulting BVBA became a director. NBB
- ECDA BVBA became a director. NBB
In short
From € 10,663 profit in 2022 to € 417,227 profit in 2025.
Paid € 2,330 in corporate taxes since 2022.
Best year ever: 2025, with € 417,227 profit.
On average € 116,600 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of BASIL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PRAXIS GROUPThe shares are held by BASIL (3%).
Directors
According to the 2025 annual accounts
Geert Vanhalst
Director
Also active at: SAN MARINO, S.B. RESTAURANT, SUPRA - CENTER, DEBRINVEST, SB GULLEGEM, DE VLASGAARD, GEBALO, GERISART +12 more
since 2023 · until 2030
Director · represented by Bart Van Waeyenberge
Also active at: SIBARELLE FASHION
since 2023 · until 2030
Director · represented by Dominique Accou
since 2023 · until 2030
Jurgen Van Leene
Director
since 2023 · until 2030
Shareholders
3%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Zonnekestraat(Bis) 2
8501 Kortrijk
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
- 0478.243.652
- VAT number
- BE 0478.243.652
- Registered office
- Zonnekestraat(Bis) 2, 8501 Kortrijk
- Names & denominations
- PRAXIS GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 September 2002
- Peppol
- Active · Active since 30 Jun 2026
- Contact
- 070220450
- Activities · NACE
Opsporings- en particuliere beveiligingsdiensten
Particuliere beveiliging
Beveiligingsactiviteiten, neg
Diensten in verband met beveiligingssystemen