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 29 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
53 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Pragma Advisors from Watermaal-Bosvoorde, company number BE0763590136, closed financial year 2025 with a result of € 38,455 after tax. For that financial year Pragma Advisors recorded a gross margin of € 136,293 and equity of € 88,445. Compared with financial year 2024, the result moved from € 42,981 to € 38,455. The company is profitable. The buffer shrank hard: equity is 56 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on December 18, 2025.
€ 88,445
▼ 56% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 38,455
▼ 11% vs 2024
Profit after tax over the fiscal year.
€ 17,133
▼ 94% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 150,000 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.
€ 6,638
▲ 5% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 20,457
▼ 68% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 19,007
▼ 11% 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 | € 146,110 | € 109,204 | € 120,204 | € 136,293 | ▲ 13% |
| Profit after taxes | € 111,208 | € 43,601 | € 42,981 | € 38,455 | ▼ 11% |
| Equity | € 113,408 | € 157,009 | € 199,990 | € 88,445 | ▼ 56% |
| Total debts | € 285,696 | € 317,159 | € 98,475 | € 120,673 | ▲ 23% |
| Cash | € 327,943 | € 321,456 | € 271,081 | € 17,133 | ▼ 94% |
| Retained profit | € 110,408 | € 154,009 | € 196,990 | € 85,445 | ▼ 57% |
| Dividend | € 800 | € 0 | € 0 | € 150,000 | |
| Balance sheet total | € 399,104 | € 474,168 | € 298,466 | € 209,118 | ▼ 30% |
Key figures of Pragma Advisors, 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 January 2027.
What happened to Pragma Advisors?
What happened at Pragma Advisors in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 38,455 (▼ 11% vs 2024). Source: NBB ↗
- New establishment in Watermaal-Bosvoorde. KBO
- New establishment in Wezembeek-Oppem. KBO
- Start of the company according to the CBE. KBO
In short
From € 111,208 profit in 2022 to € 38,455 profit in 2025.
Paid € 67,848 in corporate taxes since 2022.
Best year ever: 2022, with € 111,208 profit.
Paid out € 150,800 in dividends to the owners in total.
A new publication or filing at Pragma Advisors? We notify you, reason included.
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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 Pragma Advisors is Guillaume Blauwart. Guillaume Blauwart is also behind Pragma Global.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Terhulpsesteenweg 166 box 33
1170 Watermaal-Bosvoorde
Rode Beukenlaan 48
1970 Wezembeek-Oppem
Active since 12 February 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 53 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0763.590.136
- VAT number
- BE 0763.590.136
- Registered office
- Terhulpsesteenweg 166 bus 33, 1170 Watermaal-Bosvoorde
- Names & denominations
- Pragma Advisors
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 February 2021
- Peppol
- Active · Active since 12 Jan 2026
- Activities · NACE
Activiteiten van (gecertificeerde) (fiscaal) accountants