ACTIVE

PRAGMA

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Financial year 2025 · closed on 31/12/2025

Net result

4,2 k €

-67.6% YoY

Gross margin

13,6 k €

-48.6% YoY

Equity

73,2 k €

+6.1% YoY

What does PRAGMA do?

PRAGMA is a Public limited company incorporated in 1982. Its registered office is in Uccle.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0423.519.321

Incorporation

28/12/1982

Legal form

Public limited company

Registered office

Chaussée d'Alsemberg 975
1180 Uccle · BruxellesSee on map

Contributed capital

61 973,38 €

Latest accounts

31/12/2025

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	13,6 k €	-48.6%	26,4 k €	+99.3%	13,3 k €	-3.6%	13,8 k €	-2.2%	14,1 k €	+7.3%	13,1 k €	-4.9%	13,8 k €	-16.2%	16,4 k €	+377%	3,4 k €	-70.8%	11,8 k €	-27.8%	16,4 k €	+11.4%	14,7 k €	-0.8%	14,8 k €	-11.7%	16,8 k €	+3.8%	16,2 k €	+50.9%	10,7 k €	-46.3%	19,9 k €	+0.5%	19,8 k €	-8.1%	21,6 k €	+3.9%	20,8 k €
EBITDA	9,2 k €	-57.3%	21,6 k €	+139%	9,1 k €	-8.6%	9,9 k €	-4.6%	10,4 k €	+9.8%	9,4 k €	-8.8%	10,4 k €	-22.2%	13,3 k €	+8926%	147,5 €	-98.2%	8,1 k €	-38.8%	13,2 k €	+14.2%	11,6 k €	+1.2%	11,4 k €	-14.0%	13,3 k €	+2.7%	13 k €	+73.4%	7,5 k €	-56.0%	17 k €	-0.0%	17 k €	-7.6%	18,4 k €	+5.1%	17,5 k €
Operating result	5,6 k €	-68.8%	18 k €	+230%	5,5 k €	-13.4%	6,3 k €	-5.0%	6,6 k €	-0.2%	6,7 k €	+19.4%	5,6 k €	-34.6%	8,5 k €	+296%	-4,3 k €	-220%	3,6 k €	-58.7%	8,7 k €	+23.2%	7,1 k €	+2.1%	6,9 k €	-21.2%	8,8 k €	+4.1%	8,5 k €	+184%	3 k €	-76.1%	12,5 k €	+8.3%	11,5 k €	+16.3%	9,9 k €	+23.6%	8 k €
Net result	4,2 k €	-67.6%	13,1 k €	+230%	4 k €	-13.7%	4,6 k €	-2.3%	4,7 k €	-29.0%	6,6 k €	+74.6%	3,8 k €	-46.2%	7 k €	+278%	-4 k €	-230%	3,1 k €	-48.9%	6 k €	+13.7%	5,2 k €	-8.2%	5,7 k €	-34.5%	8,7 k €	+3.2%	8,5 k €	+3176%	258,4 €	-90.5%	2,7 k €	-10.8%	3 k €	+342%	686,3 €	-7.2%	739,7 €
Balance sheet
Equity	73,2 k €	+6.1%	69 k €	+0.1%	68,9 k €	-5.5%	72,9 k €	+6.7%	68,3 k €	-13.1%	78,6 k €	+9.2%	72 k €	+5.6%	68,2 k €	-14.1%	79,4 k €	-35.6%	123,3 k €	+2.5%	120,2 k €	+5.2%	114,3 k €	+4.8%	109 k €	+5.5%	103,3 k €	+9.2%	94,6 k €	+9.8%	86,1 k €	+0.3%	85,8 k €	+3.3%	83,1 k €	+3.8%	80,1 k €	+0.9%	79,4 k €
Total assets	88 k €	-2.4%	90,1 k €	+2.8%	87,7 k €	+3.8%	84,4 k €	-15.1%	99,4 k €	+5.6%	94,1 k €	+15.7%	81,4 k €	-13.5%	94,1 k €	-25.9%	126,9 k €	-2.2%	129,8 k €	+4.3%	124,5 k €	+5.0%	118,6 k €	+6.8%	111 k €	+6.4%	104,4 k €	+8.6%	96,1 k €	+1.6%	94,6 k €	-41.6%	161,8 k €	+2.2%	158,3 k €	+2.9%	153,8 k €	+2.2%	150,6 k €
Cash	23,9 k €	-15.7%	28,3 k €	+28.8%	22 k €	+69.5%	13 k €	-51.8%	26,9 k €	+50.6%	17,9 k €	-49.4%	35,3 k €	-18.4%	43,2 k €	-37.1%	68,7 k €	+30.7%	52,6 k €	-16.2%	62,7 k €	+19.8%	52,3 k €	+29.8%	40,3 k €	+38.4%	29,1 k €	+78.1%	16,4 k €	+57.7%	10,4 k €	+249244%	4,2 €	-26.0%	5,6 €	-12.6%	6,4 €	-99.1%	737,3 €
Debts	13,8 k €	-31.6%	20,2 k €	+13.2%	17,8 k €	+69.0%	10,5 k €	-65.0%	30,1 k €	+108%	14,5 k €	+73.3%	8,4 k €	-66.4%	24,9 k €	-46.5%	46,5 k €	+738%	5,6 k €	+72.6%	3,2 k €	-5.5%	3,4 k €	+177%	1,2 k €	+394%	248,5 €		–		8,5 k €	-88.5%	73,7 k €	+1.2%	72,9 k €	-1.2%	73,7 k €	+3.7%	71,1 k €
Other
Workforce	–		0,0 ETP		0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 26 ended

Active mandates

Anne-Thérèse DE JAMBLINNE DE MEUX

Director · since 26 mai 2022 · until 25 mai 2028

Active

Fabrice Corneux

Managing director · since 26 mai 2022 · until 25 mai 2028

Active

Ended mandates

Eliane MAURISSEN

Director · since 26 mai 2022 · until 25 mai 2028

Ended

Fabrice CORNEUX

Director · since 26 mai 2022 · until 25 mai 2028

Ended

ANNE-THERESE CHRISTINE DE JAMBLINNE DE MEUX

Director · since 14 septembre 2017 · until 22 mai 2022

Ended

Anne-Thérèse Christine De Jamblinne de Meux

Director · since 14 septembre 2017

Ended

At this address

Other companies at this address

Company	CBE no.
ARTGATE● Active	0872.862.616
Association des copropriétaires à Uccle Chaussée d'Alsemberg 975● Active	0502.871.259
CONSERVART● Active	0430.252.903
NEPTUNZ● Active	1021.784.538
TREIZE● Active	0461.520.456

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/06/2026	11/06/2025	26/06/2024	25/07/2023	28/07/2022	29/07/2021
General meeting	28/05/2026	22/05/2025	23/05/2024	25/05/2023	26/05/2022	24/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	28/05/2026	30/06/2026	French	PDF
Abridged model	31/12/2024	22/05/2025	11/06/2025	French	PDF
Abridged model	31/12/2023	23/05/2024	26/06/2024	French	PDF
Abridged model	31/12/2022	25/05/2023	25/07/2023	French	PDF
Micro model	31/12/2021	26/05/2022	28/07/2022	French	PDF
Micro model	31/12/2020	24/06/2021	29/07/2021	French	PDF
Abridged model	31/12/2019	18/06/2020	31/07/2020	French	PDF
Micro model	31/12/2018	23/05/2019	26/07/2019	French	PDF
Micro model	31/12/2017	24/05/2018	27/06/2018	French	PDF
Abridged model	31/12/2016	26/05/2017	16/06/2017	French	PDF
Abridged model	31/12/2015	30/06/2016	20/07/2016	French	PDF
Abridged model	31/12/2014	30/06/2015	30/07/2015	French	PDF
Abridged model	31/12/2013	22/05/2014	13/06/2014	French	PDF
Abridged model	31/12/2012	23/05/2013	16/07/2013	French	PDF
Abridged model	31/12/2011	24/05/2012	15/06/2012	French	PDF
Abridged model	31/12/2010	26/05/2011	07/06/2011	French	PDF
Abridged model	31/12/2009	27/05/2010	06/08/2010	French	PDF
Abridged model	31/12/2008	28/05/2009	05/06/2009	French	PDF
Abridged model	31/12/2007	22/05/2008	05/06/2008	French	PDF
Abridged model	31/12/2006	24/05/2007	03/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 26 ended

Active mandates

Anne-Thérèse DE JAMBLINNE DE MEUX

Director · since 26 mai 2022 · until 25 mai 2028

Active

Fabrice Corneux

Managing director · since 26 mai 2022 · until 25 mai 2028

Active

Ended mandates

Eliane MAURISSEN

Director · since 26 mai 2022 · until 25 mai 2028

Ended

Fabrice CORNEUX

Director · since 26 mai 2022 · until 25 mai 2028

Ended

ANNE-THERESE CHRISTINE DE JAMBLINNE DE MEUX

Director · since 14 septembre 2017 · until 22 mai 2022

Ended

Anne-Thérèse Christine De Jamblinne de Meux

Director · since 14 septembre 2017

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office07/04/2026
SIEGE SOCIAL
PDF
Mandates20/08/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates07/07/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates22/06/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates21/10/2016
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates12/05/2010
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates29/03/2010
DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 20254,2 k €↓
2024
Annual accounts 202413,1 k €↑
2023
Annual accounts 20234 k €↓
2022
Annual accounts 20224,6 k €↓
2021
Annual accounts 20214,7 k €↓
2021
Name changeImmo Pragma
2020
Annual accounts 20206,6 k €↑
2019
Annual accounts 20193,8 k €↓
2018
Annual accounts 20187 k €↑
2017
Annual accounts 2017-4 k €↓
2016
Annual accounts 20163,1 k €↓
2015
Annual accounts 20156 k €↑
2014
Annual accounts 20145,2 k €↓
2013
Annual accounts 20135,7 k €↓
2012
Annual accounts 20128,7 k €↑
2011
Annual accounts 20118,5 k €↑
2010
Annual accounts 2010258,4 €↓
2009
Annual accounts 20092,7 k €↓
2008
Annual accounts 20083 k €↑
2007
Annual accounts 2007686,3 €↓
2006
Annual accounts 2006739,7 €
2006
Name changePRAGMA
28/12/1982
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

PRAGMA

Overview

What does PRAGMA do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline