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POGAM

Active
Public limited companyfounded 199432 yrs activeBrouwerijstraat 14, 8680 Koekelare, BelgiumKBO/BCE: BE 0453.421.451
Summary

For POGAM, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €41.8m and a net result of €1.3m. Equity is growing by ~5% per year across the filed fiscal years. Its solvency ranks better than 92% of 8101 sector peers (fiscal year 2024). The company has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability22▼-31
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 32 years 0 40 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
95%
Return on assets
2.9%
Age of the figures
27 mo
raises risk · Annual accounts not filed
The financial year that closed on 30-06-2025 was due at the National Bank by 31-01-2026. Nothing is on record, 239 days later.
NBB · 10 filings
Position against the passed deadline
30-06-2025 close31-01-2026 deadline27-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 30-01-2025, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
1 d early
2023
2 d early
2021
6 d early
2020
22 d early
2019
on the day
2018
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 5 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

POGAM was incorporated on 9 September 1994.1 Total assets rose from EUR 35 million in 2018 to EUR 44 million in 2024 and headcount from 3.4 to 3 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, abbreviated schema

Equity
€41.8m▲ 3.1%
2023 · €40.5m
Total assets
€44.0m▲ 2.4%
2023 · €43.0m
Net result
€1.3m▼ 51.9%
2023 · €2.6m
Working capital
€22.7m▼ 43.2%
2023 · €40.0m
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020202120232024
Operating result-€80,384-€42,653▲ 46.9%-€91,916▼ 115%-€128,918--€100,380▲ 22.1%
Net result€517,539▲ 37.4%€1.1m▲ 103%€4.6m▲ 334%€2.6m-€1.3m▼ 51.9%
Equity€32.3m▲ 1.6%€33.3m▲ 3.3%€37.9m▲ 13.7%€40.5m-€41.8m▲ 3.1%
Total assets€35.0m▲ 0.7%€37.2m▲ 6.3%€38.9m▲ 4.7%€43.0m-€44.0m▲ 2.4%
Debt€2.7m▼ 9.0%€3.9m▲ 43.2%€1.0m▼ 73.4%€2.4m-€2.2m▼ 9.3%
Working capital€32.6m▲ 0.5%€33.5m▲ 2.8%€37.7m▲ 12.7%€40.0m-€22.7m▼ 43.2%
Staff (FTE)3.9▲ 14.7%4.4▲ 12.8%4.2▼ 4.5%3.1-3▼ 3.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
  • 2024 Net result -52% on 2023. The previous fiscal year ran 18 months, this one 12.
  • 2021 Net result +334% on 2020. Cause not known from the registers.
  • 2020 Net result +103% on 2019. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
-€2.0m€0€2.0m€4.0mOperating result 2019: -€80,384-€80,384Net result 2019: €517,539€517,539Operating result 2020: -€42,653-€42,653Net result 2020: €1.1m€1.1mOperating result 2021: -€91,916-€91,916Net result 2021: €4.6m€4.6mOperating result 2023: -€128,918-€128,918Net result 2023: €2.6m€2.6mOperating result 2024: -€100,380-€100,380Net result 2024: €1.3m€1.3m20192020202120232024-€2m€0€2m€4mOperating result 2021: -€91,916-€91,900Net result 2021: €4.6m€4.6mOperating result 2023: -€128,918-€129,000Net result 2023: €2.6m€2.6mOperating result 2024: -€100,380-€100,000Net result 2024: €1.3m€1.3m202120232024
The operating result stays negative: a loss of €100,380 in 2024 against €128,918 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €44.0m
Fixed assets €19.3m ▲ 2,695%
Current assets €24.7m ▼ 41.5%
Equity and liabilities €44.0m
Equity €41.8m ▲ 3.1%
Debt €2.2m ▼ 9.3%
Debt's share of the balance-sheet total falls from 5.7% to 5.0%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€100,178
Cash flow
€1.3m
Current ratio
12.36▼
2023 · 18.76
Debt to equity
0.05▼
2023 · 0.06
ROE
3.0%▼
2023 · 6.5%
ROA
2.9%▼
2023 · 6.1%
Interest coverage
-0.62
Debt ≤ 1 year
€2.0m▼
2023 · €2.3m
Income taxes
€125,568▲
2023 · €0
Staff costs
€224,174▼
2023 · €294,843
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 56 lines
Balance sheet Code20232024
Assets
Total assets20/58€43.0m€44.0m▲
Fixed assets21/28€690,248€19.3m▲
Tangible fixed assets22/27-€2,942
Plant, machinery and equipment23-€2,150
Furniture and vehicles24-€793
Financial fixed assets28€690,248€19.3m▲
Current assets29/58€42.3m€24.7m▼
Amounts receivable after more than one year29€9.1m€7.3m▼
Trade receivables290€1.9m€0▼
Other amounts receivable291€7.2m€7.3m▲
Amounts receivable within one year40/41€3.0m€292,473▼
Trade receivables40€57,788€60,866▲
Other amounts receivable41€2.9m€231,607▼
Current investments50/53€28.8m€14.0m▼
Cash at bank and in hand54/58€1.4m€3.1m▲
Deferred charges and accrued income490/1€32€769▲
Equity and liabilities
Total equity and liabilities10/49€43.0m€44.0m▲
Equity10/15€40.5m€41.8m▲
Contributions10/11€2.4m€2.4m=
Capital10€2.4m€2.4m=
Issued capital100€2.4m€2.4m=
Reserves13€38.1m€39.4m▲
Non-distributable reserves130/1€243,000€243,000=
Legal reserve130€243,000€243,000=
Distributable reserves133€37.9m€39.1m▲
Amounts payable17/49€2.4m€2.2m▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€2.3m€2.0m▼
Current portion of amounts payable after more than one year42€297,619€0▼
Financial debts43€1.9m€1.9m=
Credit institutions430/8€1.9m€1.9m=
Trade debts44€7,930€20,390▲
Suppliers440/4€7,930€20,390▲
Taxes, remuneration and social security45€48,533€66,092▲
Taxes450/3€15,185€18,731▲
Remuneration and social security454/9€33,348€47,361▲
Other amounts payable47/48-€14,215
Accrued charges and deferred income492/3€190,392€217,374▲
Income statement Code20232024
Remuneration, social security and pensions62€294,843€224,174▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€202
Other operating charges640/8€6,815€6,000▼
Gross operating margin9900€172,740€129,995▼
Operating profit (loss)9901-€128,918-€100,380▲
Financial income75/76B€3.0m€1.7m▼
Recurring financial income75€3.0m€1.7m▼
Financial charges65/66B€216,650€160,825▼
Recurring financial charges65€216,650€160,825▼
Profit (loss) for the period before taxes9903€2.6m€1.4m▼
Income taxes67/77€0€125,568▲
Profit (loss) for the period9904€2.6m€1.3m▼
Profit (loss) for the period to be appropriated9905€2.6m€1.3m▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.6m€1.3m▼
Transfer to equity691/2€2.6m€1.3m▼
To other reserves6921€2.6m€1.3m▼
Social balance
Average headcount (FTE)90873.13.0▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120232024Change
Remuneration, social security and pensions62--€251,095€294,843€224,174▼ 24.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630----€202-
Other operating charges640/8--€8,120€6,815€6,000▼ 12.0%
Gross operating margin9900€153,135€183,050€167,299€172,740€129,995▼ 24.7%
Operating profit (loss)9901-€80,384-€42,653-€91,916-€128,918-€100,380▲ 22.1%
Financial income75/76B--€5.0m€3.0m€1.7m▼ 44.5%
Recurring financial income75€917,964€2.1m€5.0m€3.0m€1.7m▼ 44.5%
Financial charges65/66B--€181,187€216,650€160,825▼ 25.8%
Recurring financial charges65€190,929€750,498€181,187€216,650€160,825▼ 25.8%
Profit (loss) for the period before taxes9903€646,651€1.3m€4.7m€2.6m€1.4m▼ 47.1%
Income taxes67/77€129,112€269,804€113,162€0€125,568-
Profit (loss) for the period9904€517,539€1.1m€4.6m€2.6m€1.3m▼ 51.9%
Profit (loss) for the period to be appropriated9905€517,539€1.1m€4.6m€2.6m€1.3m▼ 51.9%
Line20192020202120232024Change
Assets
Total assets20/58€35.0m€37.2m€38.9m€43.0m€44.0m▲ 2.4%
Fixed assets21/28€931,434€690,248€690,248€690,248€19.3m▲ 2,695%
Tangible fixed assets22/27----€2,942-
Plant, machinery and equipment23----€2,150-
Furniture and vehicles24----€793-
Financial fixed assets28€931,434€690,248€690,248€690,248€19.3m▲ 2,695%
Current assets29/58€34.0m€36.5m€38.2m€42.3m€24.7m▼ 41.5%
Amounts receivable after more than one year29--€4.2m€9.1m€7.3m▼ 19.8%
Trade receivables290--€1.9m€1.9m€0▼ 100%
Other amounts receivable291--€2.3m€7.2m€7.3m▲ 1.0%
Amounts receivable within one year40/41€14.1m€21.2m€3.6m€3.0m€292,473▼ 90.1%
Trade receivables40--€191,017€57,788€60,866▲ 5.3%
Other amounts receivable41--€3.4m€2.9m€231,607▼ 92.0%
Current investments50/53€9.5m€9.1m€26.5m€28.8m€14.0m▼ 51.3%
Cash at bank and in hand54/58€1.1m€2.0m€4.0m€1.4m€3.1m▲ 121%
Deferred charges and accrued income490/1---€32€769▲ 2,340%
Equity and liabilities
Total equity and liabilities10/49€35.0m€37.2m€38.9m€43.0m€44.0m▲ 2.4%
Equity10/15€32.3m€33.3m€37.9m€40.5m€41.8m▲ 3.1%
Contributions10/11€2.4m€2.4m€2.4m€2.4m€2.4m=
Capital10--€2.4m€2.4m€2.4m=
Issued capital100--€2.4m€2.4m€2.4m=
Reserves13€29.8m€30.9m€35.5m€38.1m€39.4m▲ 3.3%
Non-distributable reserves130/1--€243,000€243,000€243,000=
Legal reserve130--€243,000€243,000€243,000=
Distributable reserves133--€35.2m€37.9m€39.1m▲ 3.4%
Amounts payable17/49€2.7m€3.9m€1.0m€2.4m€2.2m▼ 9.3%
Amounts payable after more than one year17€1.2m€833,334€476,191€0--
Financial debts170/4--€476,191€0--
Amounts payable within one year42/48€1.5m€3.0m€490,173€2.3m€2.0m▼ 11.2%
Current portion of amounts payable after more than one year42--€357,143€297,619€0▼ 100%
Financial debts43--€33,389€1.9m€1.9m=
Credit institutions430/8--€33,389€1.9m€1.9m=
Trade debts44€6,386€11,480€19,870€7,930€20,390▲ 157%
Suppliers440/4--€19,870€7,930€20,390▲ 157%
Taxes, remuneration and social security45--€79,771€48,533€66,092▲ 36.2%
Taxes450/3--€28,017€15,185€18,731▲ 23.4%
Remuneration and social security454/9--€51,754€33,348€47,361▲ 42.0%
Other amounts payable47/48--€0-€14,215-
Accrued charges and deferred income492/3--€60,921€190,392€217,374▲ 14.2%
Line20192020202120232024Change
Profit (loss) for the period9904€517,539€1.1m€4.6m€2.6m€1.3m▼ 51.9%
+ Depreciation and write-downs630----€202-
Operating cash flow (approximation)€517,539€1.1m€4.6m€2.6m€1.3m▼ 51.9%
Investment in fixed assets (approximation)-€241,186€0--€18.6m-
Change in cash-€877,389€2.0m-€1.7m-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
30-01
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-01
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
25-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Highest result since 2018net €4.6m ▲334%
Net result €4.6m, the highest in the series.
31-12
Financial Liquidity times 6current ratio 78.01
Current ratio from 12.07 to 78.01; short-term debt falls from €3.0m to €490,173.
09-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
11-12
State Gazette act General meeting · Capital increase
Share issue · Power of attorney · Alex De Wulf
Show earlier events
31-07
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
29-10
State Gazette act Board meeting · Capital increase
Capital · Statutes amendment
15-01
State Gazette act General meeting · Capital increase
Capital · Statutes amendment
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Koekelare · 2 establishment units since 2002
seat establishment All 2 establishment units on the map
Ground area
2.0 ha
Building footprint
1.6 ha
Volume, LiDAR
134,371 m³
2 parcels, Flanders · tallest building 22.8 m, ±3 floors. Linked by address, not a title deed.
24 companies at this address See who is registered here
2 establishment units
Brouwerijstraat 14, 8680 Koekelare
NACE 7414201
since 20022.068.765.520
Pogam
Textielstraat 13, 8790 WaregemOther business support services
since 20142.228.150.970
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34453F0314/00X000 Flanders 1.9 ha 1 · 1.5 ha 19.8 m · 3 fl.
32010D0015/00Y000 Flanders 1,629 m² 1 · 1,456 m² 22.8 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 30-06-2024 list no shareholders, and no other source names one.

Holdings 1

According to the annual accounts to 30-06-2024 of POGAM and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Recognitions · licences · registrations

Legal Entity Identifier

549300QVDAX9JGYXOH12
live in the LEI register

Similar companies · same sector, comparable size

Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 2,270 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded09-09-1994
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
82990Other business support services
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID 0208:0453421451

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.