PRAGMIST
ActiveSummary
PRAGMIST has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12k and a net result of €-18k. Equity is shrinking by ~27.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 21% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
48
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency41▼-46
Growth32▼-46
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.13 against 2.52 in 2024; short-term debt: 83.9% and cash: 49.8% of total assets), and 83.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
16.1%
Return on assets
-24%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 31694 sector peers (2025).
NBB · sector comparisonPosition among 31694 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 16-03-2026, 45 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
45 d early
2024
15 d early
2023
7 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€12k▼ 87.7%
2024 · €96k
2023: €27k
2024: €96k
2023 → 2025
Total assets
€73k▼ 52.9%
2024 · €155k
2023: €43k
2024: €155k
2023 → 2025
Net result
€-18k
2024 · €69k
2023: €17k
2024: €69k
2023 → 2025
Working capital
€8k▼ 91.0%
2024 · €91k
2023: €26k
2024: €91k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€27k-€96k▲ 260%€12k▼ 87.7%
Operating result€23k-€88k▲ 293%€-17k
Net result€17k-€69k▲ 317%€-18k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €17k after €88k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €73k
Fixed assets
€4k ▼ 20.6%
Current assets
€70k ▼ 53.9%
Equity and liabilities €73k
Equity
€12k ▼ 87.7%
Debt
€61k ▲ 2.7%
Debt's share of the balance-sheet total rises from 38.5% to 83.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-16k▼
2024 · €89k
Cash flow
€-17k▼
2024 · €70k
Current ratio
1.13▼
2024 · 2.52
Debt to equity
5.21▲
2024 · 0.63
ROE
-149.0%▼
2024 · 72.2%
ROA
-24.0%▼
2024 · 44.4%
Interest coverage
-21.46▼
2024 · 121.24
Debt ≤ 1 year
€61k▲
2024 · €60k
Income taxes
€238▼
2024 · €19k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€155k€73k▼
Fixed assets21/28€5k€4k▼
Tangible fixed assets22/27€2k€1k▼
Furniture and vehicles24€2k€1k▼
Financial fixed assets28€3k€3k=
Current assets29/58€151k€70k▼
Amounts receivable within one year40/41€24k€18k▼
Trade receivables40€24k€8k▼
Other amounts receivable41-€10k
Cash at bank and in hand54/58€101k€36k▼
Deferred charges and accrued income490/1€27k€15k▼
Equity and liabilities
Total equity and liabilities10/49€155k€73k▼
Equity10/15€96k€12k▼
Contributions10/11€10k€10k=
Profit (loss) carried forward14€86k€2k▼
Amounts payable17/49€60k€61k▲
Amounts payable within one year42/48€60k€61k▲
Trade debts44€31k€16k▼
Suppliers440/4€31k€16k▼
Taxes, remuneration and social security45€24k€14k▼
Taxes450/3€24k€14k▼
Other amounts payable47/48€5k€31k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€639€933▲
Gross operating margin9900€89k€-16k▼
Operating profit (loss)9901€88k€-17k▼
Financial income75/76B-€830
Recurring financial income75-€830
Financial charges65/66B€735€766▲
Recurring financial charges65€735€766▲
Profit (loss) for the period before taxes9903€88k€-17k▼
Income taxes67/77€19k€238▼
Profit (loss) for the period9904€69k€-18k▼
Profit (loss) for the period to be appropriated9905€69k€-18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€86k€68k▼
Profit (loss) brought forward from the previous period14P€17k€86k▲
Profit to be distributed694/7-€66k
Return on contributions (dividend)694-€66k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €-18k ▼125%
Net result drops to €-18k, the lowest in the series.
15-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Highest result since 2023net €69k ▲317%
Operating result €88k, net result €69k, both a record.
23-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sombreffe · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Gustave-Fiévet 725140 SombreffeGround area
671 m²
Building footprint
132 m²
Parcel 92114G0412/00V000, Wallonia. Linked by address, not a title deed.
1 establishment unit
PRAGMIST
since 20222.339.181.427
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92114G0412/00V000 | Wallonia | 671 m² | 1 · 132 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
BoostFactor
BE 0794.156.519
Holsbeek · Eq €11,775
SPARKLING TOUCH
BE 0778.660.669
La Hulpe · Eq €11,780
THIFANINVEST
BE 0476.249.313
Esneux · Eq €11,772
DiPe Consulting
BE 0455.979.875
Rumst · Eq €11,772
L.V. ENTURES
BE 1026.421.138
Brussel · Eq €11,782
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 24,777 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-12-2022
Fiscal year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.