Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 18 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PRAGMUS from Sint-Niklaas, company number BE0471954488, closed financial year 2025 with a result of € 82,088 after tax. For that financial year PRAGMUS recorded a gross margin of € 49,679 and equity of € 187,859. Compared with financial year 2024, the result moved from € -6,935 to € 82,088. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 29, 2026.
€ 187,859
▲ 64% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 82,088
▲ still € 6,935 loss in 2024
Profit after tax over the fiscal year.
€ 14,338
▼ 43% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 9,000 paid out
11 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2025
€ 20,058
▼ 40% vs 2024
€ 12,887 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 12,535
▼ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 33,512
▲ € 30,774 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 76,417 | € 17,666 | € 36,561 | € 49,679 | ▲ 36% |
| Profit after taxes | € 32,008 | € 3,185 | € -6,935 | € 82,088 | ▲ € 89,022 |
| Equity | € 118,522 | € 121,707 | € 114,772 | € 187,859 | ▲ 64% |
| Total debts | € 305,469 | € 291,794 | € 298,512 | € 308,192 | ▲ 3% |
| Cash | € 67,778 | € 18,223 | € 25,014 | € 14,338 | ▼ 43% |
| Land & buildings | € 434,382 | € 447,093 | € 432,360 | € 417,626 | ▼ 3% |
| Retained profit | € 118,522 | € 121,707 | € 114,772 | € 187,859 | ▲ 64% |
| Dividend | € 90,800 | € 0 | € 0 | € 9,000 | |
| Bank debt | € 69,541 | € 46,396 | € 33,536 | € 20,058 | ▼ 40% |
| Balance sheet total | € 549,351 | € 513,500 | € 513,284 | € 496,051 | ▼ 3% |
Key figures of PRAGMUS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to PRAGMUS?
What happened at PRAGMUS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 82,088. Source: NBB ↗
- New establishment in Sint-Niklaas. KBO
- Start of the company according to the CBE. KBO
In short
From € 32,008 profit in 2022 to € 82,088 profit in 2025.
Paid € 44,455 in corporate taxes since 2022.
Best year ever: 2025, with € 82,088 profit.
Paid out € 99,800 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind PRAGMUS are Luc Desmedt and Annemieke Verschooren. Luc Desmedt is also behind Fairtrade Belgium.
Directors
According to the 2025 annual accounts
Annemieke Verschooren
Director
Establishments
Establishment units
Physical locations of this company
De Cauwerstraat 47
9100 Sint-Niklaas
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0471.954.488
- VAT number
- BE 0471.954.488
- Registered office
- De Cauwerstraat 47, 9100 Sint-Niklaas
- Names & denominations
- PRAGMUS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 May 2000
- Peppol
- Active · Active since 31 Oct 2023
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