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 23 % 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 Global from Watermaal-Bosvoorde, company number BE0877764480, closed financial year 2025 with a result of € 18,041 after tax. For that financial year Pragma Global recorded a gross margin of € 69,170 and equity of € 216,311. Compared with financial year 2024, the result moved from € -43,271 to € 18,041. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2026.
€ 216,311
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 18,041
▲ still € 43,271 loss in 2024
Profit after tax over the fiscal year.
€ 43,875
▲ 104% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 9,166 paid out
51 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 5,387
▼ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 286,781
▲ € 249,596 vs 2024
€ 43,710 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 169,063
▼ 49% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,998
▲ 40% 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 | € 78,295 | € 76,222 | € 40,767 | € 69,170 | ▲ 70% |
| Profit after taxes | € 1,840 | € -11,188 | € -43,271 | € 18,041 | ▲ € 61,312 |
| Equity | € 261,894 | € 250,706 | € 207,435 | € 216,311 | ▲ 4% |
| Total debts | € 530,097 | € 484,962 | € 645,981 | € 637,953 | ▼ 1% |
| Cash | € 213,873 | € 287,302 | € 21,462 | € 43,875 | ▲ 104% |
| Land & buildings | € 176,241 | € 167,583 | € 714,854 | € 693,576 | ▼ 3% |
| Retained profit | € 200,694 | € 189,506 | € 146,235 | € 155,111 | ▲ 6% |
| Dividend | € 0 | € 0 | € 0 | € 9,166 | |
| Bank debt | € 65,895 | € 51,654 | € 37,185 | € 286,781 | ▲ € 249,596 |
| Balance sheet total | € 791,991 | € 735,668 | € 853,416 | € 854,264 |
Key figures of Pragma Global, 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 Global?
What happened at Pragma Global in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 18,041. Source: NBB ↗
- New establishment in Watermaal-Bosvoorde. KBO
- Start of the company according to the CBE. KBO
- New establishment in Oudergem. KBO
In short
From € 1,840 profit in 2022 to € 18,041 profit in 2025.
Paid € 15,641 in corporate taxes since 2022.
Best year ever: 2025, with € 18,041 profit.
Paid out € 9,166 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 Pragma Global is Guillaume Blauwart.
Directors
According to the 2025 annual accounts
Guillaume Blauwart
administrateur
Establishments
Establishment units
Physical locations of this company
Terhulpsesteenweg 166 box 33
1170 Watermaal-Bosvoorde
Jean François Leemanslaan 83
1160 Oudergem
Active since 6 December 2005
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
- 0877.764.480
- VAT number
- BE 0877.764.480
- Registered office
- Terhulpsesteenweg 166 bus 33, 1170 Watermaal-Bosvoorde
- Names & denominations
- Pragma Global
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 December 2005
- Peppol
- Active · Active since 16 Jan 2026
- Activities · NACE
Overige fiscale dienstverlening
Boekhouders
Boekhouders en boekhouders-fiscalisten
Belastingconsulenten
Accountants en belastingconsulenten