PRAGMACO
ActiveSummary
PRAGMACO has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-3k) and a net result of €-12k. Equity is growing by ~17.9% per year across the filed fiscal years. Its solvency ranks better than 12% of 7029 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
35
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability6▼-70
Solvency19▼-22
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.33 against 0.28 in 2024; short-term debt: 93.3% and cash: 25.7% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-5.5%
Return on assets
-24.6%
Age of the figures
18 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-3k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 22-10-2025, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
13 d late
2023
51 d late
2022
30 d late
2021
30 d late
2020
60 d late
2019
28 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€-3k
2024 · €9k
2019: €3k
2020: €4k
2021: €5k
2022: €6k
2023: €6k
2024: €9k
2019 → 2025
Total assets
€48k▼ 14.5%
2024 · €57k
2019: €8k
2020: €10k
2021: €10k
2022: €15k
2023: €18k
2024: €57k
2019 → 2025
Net result
€-12k
2024 · €3k
2019: €-1k
2020: €936
2021: €1k
2022: €892
2023: €111
2024: €3k
2019 → 2025
Working capital
€-30k▲ 2.5%
2024 · €-31k
2019: €2k
2020: €4k
2021: €5k
2022: €6k
2023: €3k
2024: €-31k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€5k-€6k▲ 17.9%€6k▲ 1.9%€9k▲ 53.6%€-3k
Operating result€1k-€1k▲ 1.9%€843▼ 42.5%€5k▲ 539%€-9k
Net result€1k-€892▼ 23.0%€111▼ 87.6%€3k▲ 2,794%€-12k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €9k after €5k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €48k
Fixed assets
€33k ▼ 24.8%
Current assets
€15k ▲ 22.6%
Key figures and ratios
EBITDA
€2k▼
2024 · €15k
Cash flow
€-901▼
2024 · €13k
Solvency
-5.5%▼
2024 · 16.3%
Current ratio
0.33▲
2024 · 0.28
Debt to equity
-19.05▼
2024 · 5.15
ROA
-24.6%▼
2024 · 5.7%
Interest coverage
0.76▼
2024 · 7.60
Debt
€51k▲
2024 · €47k
Debt ≤ 1 year
€45k▲
2024 · €43k
Income taxes
€176▼
2024 · €243
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€57k€48k▼
Fixed assets21/28€44k€33k▼
Tangible fixed assets22/27€44k€33k▼
Furniture and vehicles24€44k€33k▼
Current assets29/58€12k€15k▲
Amounts receivable within one year40/41-€2k
Other amounts receivable41-€2k
Cash at bank and in hand54/58€12k€12k▲
Deferred charges and accrued income490/1€130€394▲
Equity and liabilities
Total equity and liabilities10/49€57k€48k▼
Equity10/15€9k€-3k▼
Contributions10/11€12k€12k=
Capital10€12k€12k=
Issued capital100€19k€19k=
Uncalled capital101€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€-5k€-17k▼
Amounts payable17/49€47k€51k▲
Amounts payable within one year42/48€43k€45k▲
Trade debts44€511-
Suppliers440/4€511-
Taxes, remuneration and social security45€564€2k▲
Taxes450/3€564€2k▲
Other amounts payable47/48€42k€43k▲
Accrued charges and deferred income492/3€4k€6k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€11k▲
Other operating charges640/8€651€590▼
Gross operating margin9900€16k€3k▼
Operating profit (loss)9901€5k€-9k▼
Financial income75/76B€31€14▼
Recurring financial income75€31€14▼
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€3k€-12k▼
Income taxes67/77€243€176▼
Profit (loss) for the period9904€3k€-12k▼
Profit (loss) for the period to be appropriated9905€3k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€-17k▼
Profit (loss) brought forward from the previous period14P€-8k€-5k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
22-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Weakest financial yearnet €-12k ▼470%
Net result drops to €-12k, the lowest in the series.
2024
13-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 13 days late
31-03
Financial
Highest result since 2019net €3k ▲2794%
Operating result €5k, net result €3k, both a record.
2023
21-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 51 days late
2022
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2020
30-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 60 days late
31-03
Financial
Back to profitnet €936
Net result €936 after one loss-making year.
2019
28-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2018
27-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2017
27-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
30-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Sint-Gillis-Waas · 1 establishment unit since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Tybaartstraat(SGW) 569170 Sint-Gillis-WaasGround area
3,318 m²
Building footprint
299 m²
Volume, LiDAR
1,273 m³
Parcel 46020C0707/00F000, Flanders · tallest building 7.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
PRAGMACO
since 20072.163.729.015
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46020C0707/00F000 | Flanders | 3,318 m² | 1 · 299 m² | 7.5 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Professional Peak Performance
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Of 13,421 companies in sector 73300 we hold annual accounts for 6,901. 3,555 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded02-07-2007
Fiscal year end31-03
Activities, NACEBEL 2025
73300Public relations and communication consultancy
64210Activities of holding companies
70200Business and other management consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.