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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Tight liquidity NBB
Cash and receivables cover 57 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PRAGMA-ITC from Liège, company number BE0862600709, closed financial year 2025 with a result of € 52,658 after tax. For that financial year PRAGMA-ITC recorded a gross margin of € 119,907 and equity of € 290,531. Compared with financial year 2024, the result moved from € 27,022 to € 52,658. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 26, 2026.
€ 290,531
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 52,658
▲ 95% vs 2024
Profit after tax over the fiscal year.
€ 28,058
▲ € 23,506 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 63,500 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 12,403
▲ 288% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 12,492
▼ 63% vs 2024
Loans from banks and other lenders, long and short.
€ 8,878
▲ € 7,787 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 39,119
▲ 84% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 91,249 | € 97,825 | € 76,272 | € 119,907 | ▲ 57% |
| Profit after taxes | € 37,209 | € 42,038 | € 27,022 | € 52,658 | ▲ 95% |
| Equity | € 232,312 | € 274,350 | € 301,372 | € 290,531 | ▼ 4% |
| Total debts | € 203,912 | € 133,134 | € 84,371 | € 130,737 | ▲ 55% |
| Cash | € 19,742 | € 2,605 | € 4,552 | € 28,058 | ▲ € 23,506 |
| Land & buildings | € 343,716 | € 317,349 | € 293,075 | € 266,590 | ▼ 9% |
| Retained profit | € 219,912 | € 261,950 | € 288,972 | € 278,131 | ▼ 4% |
| Dividend | € 0 | € 0 | € 0 | € 63,500 | |
| Bank debt | € 78,418 | € 54,516 | € 33,659 | € 12,492 | ▼ 63% |
| Balance sheet total | € 436,224 | € 407,484 | € 385,744 | € 421,268 | ▲ 9% |
Key figures of PRAGMA-ITC, 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 PRAGMA-ITC?
What happened at PRAGMA-ITC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 52,658 (▲ 95% vs 2024). Source: NBB ↗
- New establishment in Liège. KBO
- Start of the company according to the CBE. KBO
In short
From € 37,209 profit in 2022 to € 52,658 profit in 2025.
Paid € 68,993 in corporate taxes since 2022.
Best year ever: 2025, with € 52,658 profit.
Paid out € 63,500 in dividends to the owners in total.
Management
Behind PRAGMA-ITC is Luc LAFONTAINE. Luc LAFONTAINE is also behind AnteNovi.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Rue Henri-Maus 55
4000 Liège
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0862.600.709
- VAT number
- BE 0862.600.709
- Registered office
- Rue Henri-Maus 55, 4000 Liège
- Names & denominations
- PRAGMA-ITC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 January 2004
- Peppol
- Active · Active since 29 May 2026
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