Equity
€60,637 ▼ 31.6%
Pygmaline paid out €46,000 in dividends. That is 256% of the 2025 profit.
Pygmaline
Lifetime
6 annual accounts with figures on one time axispeak €42,651 (2023)
€31,565▼ 19.4%
peak €29,446 (2023)
€17,935▼ 31.7%
peak €88,702 (2024)
€60,637▼ 31.6%
€57,841▲ 127%
Board1 name since 2020
1 director
Documentsfilings and deeds
27-07-20264 days before the deadline
2025micro format
Gross margin from €39,156 to €31,565Result from €26,270 to €17,935Dividend €46,000Equity from €88,702 to €60,637Debts from €25,457 to €57,841Investments €17,941
Key points
from the 2025 annual accountsTurnover
≈ €82,000 estimated
The micro format states no turnover.
Investments
€17,941 6.0 × depreciation
Green is investment, beige is depreciation.
Liquidity
1.94 was 5.53 in 2024
Short-term debts rose from €20,483 to €52,866.
Filings
6 annual accounts 1 late
The 2021 accounts came 25 days late. The other five were filed on time.
Starting capital
€3,000 100 shares
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 26,973 companies had the same profile as Pygmaline has now. Each dot stands for 68 companies, two years later.
94.8%
were still trading
3.5%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 26,973 companies, not a prediction for Pygmaline. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0750818897
Incorporation
Founding capital of €3,000, 100 shares · Founder: · Appointment: (director) · published on 22-07-2020 · Gazette deed
First establishment
Schaffelberg 20, Heist-op-den-Berg
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Pygmaline Heist-op-den-Berg | €118,477 | €31,565 | 51.2% | - |
| Bespoke Antwerp | €115,400 | €28,309 | 67.5% | - |
| Mezonvin Beveren-Kruibeke-Zwijndrecht | €99,081 | €27,871 | 65.7% | - |
| Kayvc Antwerp | €115,025 | €28,878 | 62.8% | - |
| Company Call Antwerp | €107,090 | €26,650 | 73.0% | - |
| Meraude Hamme (Vl.) | €110,037 | €32,809 | 86.4% | - |
| MediumCollege Hasselt | €127,924 | €30,731 | 37.3% | - |
These companies have the same main activity as Pygmaline: other business support services (NACE 82990). They are comparable in size and age: total assets between €99,100 and €128,000, founded between 2019 and 2021.
Official details
Source: KBO- Status
- Active since 17-07-2020Normal situation
- Activity
- Other business support servicesNACE 82990and 4 others
- Establishment unit
- 2.304.845.7042220 Heist-op-den-Berg, since 17-07-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 06-08-2025
Annual accounts 2025
- €118,477▲ 3.8%
- Filing
- Filed on 27-07-2026, 4 days before the end of the filing period
Insights on Pygmaline
Pygmaline files the micro format. That format states no turnover. The gross margin rose from €13,163 in 2020 to €31,565 in 2025.
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 Pygmaline
- What is the company number of Pygmaline?
- The company number of Pygmaline is 0750.818.897. The VAT number is the same number with BE in front: BE 0750.818.897.
- Where is Pygmaline based?
- The registered office is at Schaffelberg 20, 2220 Heist-op-den-Berg.Company details
- What does Pygmaline do?
- According to the KBO register, the main activity is other business support services (NACE 82990).
- What is the legal form of Pygmaline?
- Pygmaline is a private limited company (BV).
- When was Pygmaline founded?
- Pygmaline was founded on 17-07-2020.
- Is Pygmaline still active?
- Yes, Pygmaline is an active enterprise in the KBO register.
- What is the turnover of Pygmaline?
- The turnover in financial year 2025 is ≈ €82,000. This figure is estimated from the gross margin of €31,565 and 41 comparable companies (NACE 82990). It probably lies between €51,000 and €110,000.Financials
- Is Pygmaline profitable?
- In financial year 2025, Pygmaline made a profit of €17,935.
- Where can I find the annual accounts of Pygmaline?
- Pygmaline filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Pygmaline due?
- Pygmaline must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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