PROGRATICWEB
ActiveSummary
PROGRATICWEB has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €50k and a net result of €8k. Equity is growing by ~13% per year across the filed fiscal years. Its solvency ranks better than 27% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▲+1
Solvency55▼-30
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 1.58 against 1.52 in 2024; short-term debt: 22% and cash: 17.3% of total assets), but 70.4% of the assets are financed with debt.
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Signals
Three 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
2 d late
2024
1 d late
2023
51 d early
2022
6 d late
2021
on the day
2020
23 d early
2019
11 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2025, micro schema
Equity
€50k▲ 15.2%
2024 · €44k
Total assets
€171k▲ 135%
2024 · €73k
Net result
€8k▲ 171%
2024 · €3k
Working capital
€22k▲ 67.9%
2024 · €13k
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
Line20212022202320242025
Operating result€24k▼ 7.7%€10k▼ 60.0%€2k▼ 75.9%€5k▲ 134%€13k▲ 129%
Net result€18k▼ 26.8%€6k▼ 68.8%€721▼ 87.3%€3k▲ 309%€8k▲ 171%
Equity€42k▲ 75.3%€48k▲ 13.4%€49k▲ 1.5%€44k▼ 10.3%€50k▲ 15.2%
Total assets€98k▲ 103%€83k▼ 14.8%€65k▼ 22.0%€73k▲ 11.9%€171k▲ 135%
Debt€55k▲ 131%€35k▼ 36.4%€16k▼ 54.2%€29k▲ 79.4%€120k▲ 317%
Working capital€-11k€2k€16k▲ 765%€13k▼ 21.0%€22k▲ 67.9%
Staff (FTE)
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 129% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €170k
Fixed assets
€111k ▲ 224%
Current assets
€59k ▲ 57.1%
Equity and liabilities €171k
Equity
€50k ▲ 15.2%
Debt
€120k ▲ 317%
Debt's share of the balance-sheet total rises from 39.7% to 70.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€33k▲
2024 · €21k
Cash flow
€29k▲
2024 · €18k
Current ratio
1.58▲
2024 · 1.52
Quick ratio
1.42▼
2024 · 1.52
Debt to equity
2.38▲
2024 · 0.66
ROE
15.8%▲
2024 · 6.7%
ROA
4.7%▲
2024 · 4.1%
Interest coverage
30.08▲
2024 · 19.97
Debt ≤ 1 year
€38k▲
2024 · €25k
Debt > 1 year
€82k▲
2024 · €4k
Income taxes
€3k▲
2024 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14k | €20k | €14k | €15k | €21k | ▲ 37.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €-10k | - | - | - | - |
| Other operating charges640/8 | - | €11k | €1k | €2k | €2k | ▲ 47.3% |
| Gross operating margin9900 | €45k | €31k | €17k | €22k | €36k | ▲ 60.9% |
| Operating profit (loss)9901 | €24k | €10k | €2k | €5k | €13k | ▲ 129% |
| Financial income75/76B | - | €5 | - | €1 | €20 | ▲ 1,900% |
| Recurring financial income75 | - | €5 | - | €1 | €20 | ▲ 1,900% |
| Financial charges65/66B | - | €1k | €782 | €1k | €1k | ▲ 7.5% |
| Recurring financial charges65 | €1k | €1k | €782 | €1k | €1k | ▲ 7.5% |
| Profit (loss) for the period before taxes9903 | €23k | €9k | €2k | €4k | €11k | ▲ 158% |
| Income taxes67/77 | €5k | €3k | €829 | €1k | €3k | ▲ 134% |
| Profit (loss) for the period9904 | €18k | €6k | €721 | €3k | €8k | ▲ 171% |
| Profit (loss) for the period to be appropriated9905 | €18k | €6k | €721 | €3k | €8k | ▲ 171% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €98k | €83k | €65k | €73k | €171k | ▲ 135% |
| Formation expenses20 | - | - | - | €612 | €524 | ▼ 14.4% |
| Fixed assets21/28 | €65k | €46k | €33k | €34k | €111k | ▲ 224% |
| Tangible fixed assets22/27 | €65k | €46k | €33k | €34k | €111k | ▲ 225% |
| Plant, machinery and equipment23 | - | - | - | €7k | €5k | ▼ 20.0% |
| Furniture and vehicles24 | - | €46k | €33k | €20k | €99k | ▲ 403% |
| Other tangible fixed assets26 | - | - | - | €7k | €6k | ▼ 22.0% |
| Assets under construction and advance payments27 | - | - | - | €685 | €685 | = |
| Financial fixed assets28 | €160 | €160 | €160 | €160 | €160 | = |
| Current assets29/58 | €33k | €37k | €32k | €38k | €59k | ▲ 57.1% |
| Stocks and contracts in progress3 | - | - | - | - | €6k | - |
| Stocks30/36 | - | - | - | - | €6k | - |
| Amounts receivable within one year40/41 | €9k | €17k | €21k | €21k | €22k | ▲ 3.3% |
| Trade receivables40 | - | €17k | €20k | €20k | €539 | ▼ 97.3% |
| Other amounts receivable41 | - | - | €1k | €1k | €21k | ▲ 1,740% |
| Cash at bank and in hand54/58 | €23k | €19k | €12k | €16k | €30k | ▲ 90.2% |
| Deferred charges and accrued income490/1 | - | €1k | - | €1k | €2k | ▲ 86.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €98k | €83k | €65k | €73k | €171k | ▲ 135% |
| Equity10/15 | €42k | €48k | €49k | €44k | €50k | ▲ 15.2% |
| Contributions10/11 | €6k | €6k | €6k | €7k | €5k | ▼ 19.6% |
| Capital10 | - | €6k | €6k | - | - | - |
| Issued capital100 | - | €19k | €19k | - | - | - |
| Uncalled capital101 | - | €12k | €12k | - | - | - |
| Reserves13 | €36k | €41k | €41k | €37k | €45k | ▲ 21.4% |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Legal reserve130 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | €39k | €39k | €37k | €45k | ▲ 21.4% |
| Profit (loss) carried forward14 | €405 | €1k | €2k | €77 | €150 | ▲ 94.8% |
| Amounts payable17/49 | €55k | €35k | €16k | €29k | €120k | ▲ 317% |
| Amounts payable after more than one year17 | €11k | - | - | €4k | €82k | ▲ 2,072% |
| Financial debts170/4 | - | - | - | €4k | €82k | ▲ 2,072% |
| Amounts payable within one year42/48 | €44k | €35k | €16k | €25k | €38k | ▲ 51.5% |
| Current portion of amounts payable after more than one year42 | - | €11k | - | €2k | €16k | ▲ 591% |
| Trade debts44 | €6k | €6k | €6k | €4k | €8k | ▲ 110% |
| Suppliers440/4 | - | €6k | €6k | €4k | €8k | ▲ 110% |
| Taxes, remuneration and social security45 | - | €11k | €2k | €3k | €5k | ▲ 73.1% |
| Taxes450/3 | - | €11k | €2k | €3k | €5k | ▲ 73.1% |
| Other amounts payable47/48 | - | €7k | €7k | €16k | €9k | ▼ 42.2% |
| Accrued charges and deferred income492/3 | - | €174 | €192 | €192 | €200 | ▲ 4.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18k | €6k | €721 | €3k | €8k | ▲ 171% |
| + Depreciation and write-downs630 | €14k | €20k | €14k | €15k | €21k | ▲ 37.8% |
| Operating cash flow (approximation) | €32k | €26k | €14k | €18k | €29k | ▲ 59.4% |
| Investment in fixed assets (approximation) | - | €-1k | €0 | €-17k | €-98k | ▼ 482% |
| Change in cash | - | €-4k | €-8k | €4k | €14k | ▲ 250% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 2 days late
2025
01-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 1 day late
2023
11-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
06-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 6 days late
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
08-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Back to profitnet €25k
Net result €25k after one loss-making year.
30-06
Financial
Liquidity triplescurrent ratio 2.12
Current ratio from 0.70 to 2.12; short-term debt falls from €30k to €17k.
11-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 11 days late
2019
22-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Tournai · 1 establishment unit since 2017
Ground area
1,008 m²
Building footprint
174 m²
Volume, LiDAR
1,145 m³
Parcel 57031C0136/00H003, Wallonia · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PROGRATICWEB
since 20172.264.378.985
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57031C0136/00H003 | Wallonia | 1,008 m² | 1 · 174 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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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Of 16,901 companies in sector 62100 we hold annual accounts for 8,775. 6,800 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded16-05-2017
Fiscal year end30-06
Activities, NACEBEL 2025
62100Computer programming
43211General electrical installation work
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
Contact
Phone
0479/801019Tournai
Scores and ratios are computed by Checked and are not a credit decision.