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 1 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
PRAKTIJK OVERLEIE from Kortrijk, company number BE0674526023, closed financial year 2025 with a result of € 2,591 after tax. For that financial year PRAKTIJK OVERLEIE recorded a gross margin of € 23,177 and equity of € 19,583. Compared with financial year 2024, the result moved from € 1,040 to € 2,591. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 6, 2026.
€ 19,583
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,591
▲ 149% vs 2024
Profit after tax over the fiscal year.
€ 360
▼ 91% 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 € -48,417.
Debts at end 2025
€ 249,399
▼ 7% vs 2024
€ 19,523 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 20,610 | € 18,164 | € 21,886 | € 23,177 | ▲ 6% |
| Profit after taxes | € -3,299 | € -2,803 | € 1,040 | € 2,591 | ▲ 149% |
| Equity | € 18,755 | € 15,952 | € 16,992 | € 19,583 | ▲ 15% |
| Total debts | € 308,495 | € 290,577 | € 276,236 | € 257,049 | ▼ 7% |
| Cash | € 12,277 | € 4,390 | € 4,122 | € 360 | ▼ 91% |
| Land & buildings | € 314,773 | € 301,939 | € 289,106 | € 276,273 | ▼ 4% |
| Retained profit | € -49,245 | € -52,048 | € -51,008 | € -48,417 | ▲ € 2,591 |
| Bank debt | € 306,047 | € 287,480 | € 268,599 | € 249,399 | ▼ 7% |
| Balance sheet total | € 327,250 | € 306,529 | € 293,228 | € 276,632 | ▼ 6% |
Key figures of PRAKTIJK OVERLEIE, 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 PRAKTIJK OVERLEIE?
What happened at PRAKTIJK OVERLEIE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,591 (▲ 149% vs 2024). Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
- Jan Van Cauwelaert-De Wyels became a director. NBB
- Frederick Michels became a director. NBB
In short
From € 3,299 loss in 2022 to € 2,591 profit in 2025.
Best year ever: 2025, with € 2,591 profit.
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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
Behind PRAKTIJK OVERLEIE are Jan Van Cauwelaert-De Wyels and Frederick Michels. Jan Van Cauwelaert-De Wyels is also behind DR. J. VAN CAUWELAERT.
Directors
According to the 2025 annual accounts
since 2017
Frederick Michels
Director
since 2017
Establishments
Establishment units
Physical locations of this company
Elleboogstraat(Kor) 27
8500 Kortrijk
Overleiestraat(Kor) 21
8500 Kortrijk
Active since 13 April 2017
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
- 0674.526.023
- VAT number
- BE 0674.526.023
- Registered office
- Elleboogstraat(Kor) 27, 8500 Kortrijk
- Names & denominations
- PRAKTIJK OVERLEIE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 April 2017
- Peppol
- Not registered