Financials
- Fiscal year
- 2024
- Total assets
- €143,748
- Loss
- -€339
- Solvency
- 61.4%
Total assets▼ 8.5%
Net result
20182024
PRAGMA-DM
ActiveSummary
PRAGMA-DM has been active since 1964 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €88,276 and a net result of -€339. Equity remains stable across the filed fiscal years (±0.9% per year). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
What they do
Joinery installation
NACE 43320NACE 28520
#2 oldest company in Drogenbos, Construction sector1 site
How big
€143,748total assets 2024
- Staff
- 1.2 FTE
- Equity
- €88,276
- Loss
- -€339
Turnover not published (abridged schema)
Who decides
- Parent
- TREIZE · 99%
Accounts 31 d early0 of 5 deeds read
Why 86- Figures for FY 2024 (filed 11-06-2025)- Sector Specialised construction activities (NACE 43)+ Liquidity: current ratio 2.14, cash €59,066+ Founded in 1964Show the evidence
Checked score
Score 2024
86
/ 100
Excellent
Probability in this band: under 0.55%
Better than 54% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency
86+5
equity 61.4% of total assets
Liquidity
83+19
short-term debt 37.7% · cash 41.1%
Profitability
68+1
return on assets -0.2%
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
- Figures for FY 2024 (filed 11-06-2025) raises the probability
- Liquidity: current ratio 2.14, cash €59,066 lowers the probability
- Founded in 1964 lowers the probability for this profile
- Sector Specialised construction activities (NACE 43) raises the probability
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 2.14 against 1.59 in 2023; short-term debt: 37.7% and cash: 41.1% of total assets), and 38.6% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 67%, liquidity 80%, profitability 34%, growth against the median 33%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
50 d early
2023
35 d early
2022
11 d early
2021
3 d early
2020
2 d late
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 18 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Key points
- Risk: 3 loss-making years in a rowloss fiscal year 2024 -€339 View
- Positive: Oldest company in Drogenbos, Construction sectorin the Checked rankings #2 View
- Controlled by TREIZE 99% View
- Active since 1964founded 20-04-1964 62 years View
- Positive: Always filed on timeaccounts within the deadline every year 5 years View
By topic
Board & ownership
- Parent
- TREIZE · 99%
Timeline
- Events
- 12
- Since
- 2017
- Next accounts
- by 31-07-2027
- 30-06-2026Annual accounts filed
- 11-06-2025Annual accounts filed
- 26-06-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Joinery installationNACE 43320
- Founded
- 20-04-1964
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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