Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
PYGMALION from Perwez, company number BE0672870687, closed financial year 2025 with a result of € -14,946 after tax. For that financial year PYGMALION recorded a gross margin of € -8,146 and equity of € -153,426. Compared with financial year 2024, the result moved from € -10,623 to € -14,946. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.
€ -153,426
▼ € 14,946 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -14,946
▼ 41 % more loss than in 2024
Profit after tax over the fiscal year.
€ 86
▼ 93% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -173,426.
Debts at end 2025
€ 447,094
▲ 3% vs 2024
€ 12,316 is repaid this year. At this pace the long-term loan is gone in ≈ 36 years.
€ 1,761
▼ 53% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -3,130 | € -3,881 | € -3,965 | € -8,146 | ▼ € 4,181 |
| Profit after taxes | € -13,421 | € -9,774 | € -10,623 | € -14,946 | ▼ € 4,323 |
| Equity | € -118,083 | € -127,856 | € -138,479 | € -153,426 | ▼ € 14,946 |
| Total debts | € 413,612 | € 423,345 | € 435,890 | € 448,855 | ▲ 3% |
| Cash | € 17 | € 12 | € 1,168 | € 86 | ▼ 93% |
| Retained profit | € -138,083 | € -147,856 | € -158,479 | € -173,426 | ▼ € 14,946 |
| Bank debt | € 195,895 | € 422,307 | € 432,169 | € 447,094 | ▲ 3% |
| Balance sheet total | € 295,530 | € 295,489 | € 297,411 | € 295,429 | ▼ 1% |
Key figures of PYGMALION, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to PYGMALION?
What happened at PYGMALION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 14,946. Source: NBB ↗
- PATRICK VAN BRAKEL became a director. NBB
- New establishment in Perwez. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,421 loss in 2022 to € 14,946 loss in 2025.
Management
Behind PYGMALION are PATRICK VAN BRAKEL and GAYLORD VAN BRAKEL.
Directors
According to the 2025 annual accounts
PATRICK VAN BRAKEL
Administrator-manager
since 2024
GAYLORD VAN BRAKEL
Administrator-manager
Establishments
Establishment units
Physical locations of this company
Rue de l' Intérieur 144
1360 Perwez
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0672.870.687
- VAT number
- BE 0672.870.687
- Registered office
- Rue de l' Intérieur 144, 1360 Perwez
- Names & denominations
- PYGMALION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 March 2017
- Peppol
- Not registered
- Activities · NACE
Handel in eigen onroerend goed