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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Negative equity NBB
More debt than assets in 2 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 24 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PRAESENS DEVELOPMENT from Wavre, company number BE0797800353, closed financial year 2025 with a result of € -17,403 after tax. For that financial year PRAESENS DEVELOPMENT recorded a gross margin of € -14,597 and equity of € -88,308. Compared with financial year 2024, the result moved from € -117,066 to € -17,403. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ -88,308
▼ € 17,403 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -17,403
▲ 85 % less loss than in 2024
Profit after tax over the fiscal year.
€ 14,103
▼ 65% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -149,808.
People and assets in 2025
€ 408
▼ 65% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 363,621
▼ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -14,417 | € -115,742 | € -14,597 | ▲ € 101,145 |
| Profit after taxes | € -15,340 | € -117,066 | € -17,403 | ▲ € 99,663 |
| Equity | € 46,160 | € -70,905 | € -88,308 | ▼ € 17,403 |
| Total debts | € 1,624,799 | € 1,514,918 | € 1,841,465 | ▲ 22% |
| Cash | € 97,597 | € 39,751 | € 14,103 | ▼ 65% |
| Retained profit | € -15,340 | € -132,405 | € -149,808 | ▼ € 17,403 |
| Balance sheet total | € 1,670,959 | € 1,444,012 | € 1,753,157 | ▲ 21% |
Key figures of PRAESENS DEVELOPMENT, fiscal years 2023 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 PRAESENS DEVELOPMENT?
What happened at PRAESENS DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Sparxis stepped down as director. NBB
- Steven Pauwels stepped down as director. NBB
- Rudi Pauwels stepped down as director. NBB
- Aurélie Cappuyns stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 17,403. Source: NBB ↗
- Sparxis became a director. NBB
- Steven Pauwels became a director. NBB
- Rudi Pauwels became a director. NBB
In short
From € 15,340 loss in 2023 to € 17,403 loss 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 INNOVALION comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PRAESENS DEVELOPMENTThe shares are held by INNOVALION (25%).
Directors
According to the 2025 annual accounts
Director · represented by Steven Pauwels
since 2023 · until 2029
since 2023 · until 2029
since 2023 · until 2029
Shareholders
25%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Avenue Lavoisier 2
1300 Wavre
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0797.800.353
- VAT number
- BE 0797.800.353
- Registered office
- Avenue Lavoisier 2, 1300 Wavre
- Names & denominations
- PRAESENS DEVELOPMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 January 2023
- Peppol
- Active · Active since 28 Jan 2026
- Activities · NACE
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