Financials
Financial year 2025
PRAGMACON from Zwalm, company number BE0694707070, closed financial year 2025 with a result of € 16,970 after tax. For that financial year PRAGMACON recorded a gross margin of € 40,405 and equity of € 29,040. Compared with financial year 2024, the result moved from € 18,909 to € 16,970. The company is profitable. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 29,040
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,970
▼ 10% vs 2024
Profit after tax over the fiscal year.
€ 26,131
▲ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 35,880 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,312
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 180,934
▼ 9% vs 2024
€ 18,392 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 1,515
▼ 54% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,064
▲ 44% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 38,456 | € 30,499 | € 42,074 | € 40,405 | ▼ 4% |
| Profit after taxes | € 19,851 | € 8,756 | € 18,909 | € 16,970 | ▼ 10% |
| Equity | € 7,884 | € 16,640 | € 35,549 | € 29,040 | ▼ 18% |
| Total debts | € 264,211 | € 233,431 | € 216,523 | € 214,864 | ▼ 1% |
| Cash | € 24,644 | € 16,545 | € 21,054 | € 26,131 | ▲ 24% |
| Retained profit | € 1,684 | € 10,440 | € 29,349 | € 10,440 | ▼ 64% |
| Dividend | € 0 | € 0 | € 0 | € 35,880 | |
| Bank debt | € 234,803 | € 216,873 | € 199,005 | € 180,934 | ▼ 9% |
| Balance sheet total | € 272,095 | € 250,071 | € 252,072 | € 243,904 | ▼ 3% |
Key figures of PRAGMACON, 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 PRAGMACON?
What happened at PRAGMACON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 16,970 (▼ 10% vs 2024). Source: NBB ↗
- Timmy Thienpont became a director. NBB
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 19,851 profit in 2022 to € 16,970 profit in 2025.
Paid € 16,100 in corporate taxes since 2022.
Best year ever: 2022, with € 19,851 profit.
Paid out € 35,880 in dividends to the owners in total.
Management
Behind PRAGMACON is Timmy Thienpont.
Directors
According to the 2025 annual accounts
Timmy Thienpont
Director
since 2019
Establishments
Establishment units
Physical locations of this company
S.V.D. Veldestraat(SML) 49
9630 Zwalm
Kasteeldreef 54 box 202
8760 Tielt
Active since 12 April 2018
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0694.707.070
- VAT number
- BE 0694.707.070
- Registered office
- S.V.D. Veldestraat(SML) 49, 9630 Zwalm
- Names & denominations
- PRAGMACON
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 April 2018
- Peppol
- Active · Active since 10 Jan 2026
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