Debts
€120,299 ▲ 317%
Debts rose by €91,472 in 2025.
PROGRATICWEB
Lifetime
8 annual accounts with figures on one time axispeak €74,737 (2018)
€35,865▲ 60.9%
lowest -€24,273 (2019)
€7,973▲ 171%
peak €50,470 (2025)
€50,470▲ 15.2%
€120,299▲ 317%
peak 1 FTE (2018)
-not published
Board1 name since 2017
1 directorDonovan FOUBERT
Documentsfilings and deeds
02-02-20262 days late
2025micro format
Gross margin from €22,288 to €35,865Result from €2,946 to €7,973Registered office moved within Tournai 12-03Equity from €43,817 to €50,470Debts from €28,827 to €120,299Investments €97,589
Key points
from the 2025 annual accountsInvestments
€96,707 4.6 × depreciation
Green is investment, beige is depreciation.
Filings
8 annual accounts 5 late
The 2018 accounts came latest: 22 days after the end of the period.
Checked score
87
Excellent
Financially stronger than 43% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: 0.1%▲ +0.1 percentage points vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: < 0.1%▼ -0.1 percentage points vs 02-2025lowest value
04-2025: 0.1%▲ +0.1 percentage points vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.2%▲ +0.1 percentage points vs 10-2025
12-2025: 0.1%▼ -0.1 percentage points vs 11-2025
01-2026: 0.2%▲ +0.1 percentage points vs 12-2025
02-2026: 0.4%▲ +0.2 percentage points vs 01-2026highest value
03-2026: 0.2%▼ -0.2 percentage points vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Liquidity: current ratio 1.58, cash €29,609
Size: total assets €170,769
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 28% of them on solvency, 47% on liquidity, 33% on profitability and 61% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 3,274 companies had the same profile as PROGRATICWEB has now. Each dot stands for 9 companies, two years later.
94.7%
were still trading
2.5%
stopped another way
2.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of PROGRATICWEB itself is lower: 0.2% within 12 months. It rests on far more data about PROGRATICWEB than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,274 companies, not a prediction for PROGRATICWEB. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €4,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.58 (1.52 in 2024), above the usual 1.5. Short-term debt is 22% and cash 17.3% of total assets. However, 70.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 2 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 8 filingsDeviation from the deadline
2025
2 days late
2024
1 day late
2023
51 days early
2022
6 days late
2021
on the day
2020
23 days early
2019
11 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 8 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 1 February (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Recent changes
Registered office moved within Tournai
New registered office: Clos de Fléquières 18, 7503 Tournai (Froyennes) · Previous registered office: Chemin Neuf 5/B, 7520 Tournai (Templeuve) · “La location de véhicules avec chauffeur pour tout type d’événements ou de transferts privés et professionnels…” (deed in French) · General meeting of 27-02-2025 · Gazette deed
Change of role: Donovan FOUBERT, from manager to director
Legal-form conversion: from private limited company (pre-2019) to private limited company · Director discharge: Donovan FOUBERT (manager) · General meeting of 27-12-2023 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0675763663
Incorporation
published on 18-05-2017 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PROGRATICWEB Tournai | €170,769 | €35,865 | 29.6% | - |
| LUC SOLUTIONS INT Lochristi | €164,046 | €33,307 | 59.7% | - |
| VDH Development Waregem | €186,096 | €40,518 | 70.5% | - |
| LEGACY Oudenaarde | €181,645 | €39,762 | 9.8% | 0 |
| APP3 Ninove | €160,403 | €29,587 | 16.8% | - |
| V-BIT Oudenaarde | €139,779 | €38,049 | 39.0% | - |
| RISING LAB Brussels | €174,950 | €29,388 | 56.1% | - |
These companies have the same main activity as PROGRATICWEB: computer programming (NACE 62100). They are comparable in size and age: total assets between €140,000 and €186,000, founded between 2015 and 2018.
Official details
Source: KBO- Status
- Active since 16-05-2017Normal situation
- Activity
- Computer programmingNACE 62100and 4 others
- Establishment unit
- 2.264.378.9857503 Tournai, since 16-05-2017
- Financial year end
- 30 June
- Peppol
- Reachable since 20-11-2020
Annual accounts to 30-06-2025
- ≈ €120,000estimated
- €170,769▲ 135%
- Filing
- Filed on 02-02-2026
Insights on PROGRATICWEB
PROGRATICWEB files the micro format. That format states no turnover. The gross margin fell from €74,737 in 2018 to €35,865 in 2025.
The balance sheet grew most from 2024 to 2025 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PROGRATICWEB
- What is the company number of PROGRATICWEB?
- The company number of PROGRATICWEB is 0675.763.663. The VAT number is the same number with BE in front: BE 0675.763.663.
- Where is PROGRATICWEB based?
- The registered office is at Clos de Fléquières 18, 7503 Tournai.Company details
- What does PROGRATICWEB do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of PROGRATICWEB?
- PROGRATICWEB is a private limited company (BV).
- When was PROGRATICWEB founded?
- PROGRATICWEB was founded on 16-05-2017.
- Is PROGRATICWEB still active?
- Yes, PROGRATICWEB is an active enterprise in the KBO register.
- How many employees does PROGRATICWEB have?
- PROGRATICWEB had an average of 1 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
- What is the turnover of PROGRATICWEB?
- The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €35,865 and 84 comparable companies (NACE 62). It probably lies between €92,000 and €160,000.
- Is PROGRATICWEB profitable?
- In financial year 2025, PROGRATICWEB made a profit of €7,973.
- Where can I find the annual accounts of PROGRATICWEB?
- PROGRATICWEB filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PROGRATICWEB due?
- PROGRATICWEB must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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