ACTIVE

PRAGMA

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Financial year 2025 · closed on 31/12/2025

Net result

4,7 k €

-85.2% YoY

Gross margin

144,8 k €

-1.6% YoY

Equity

1,1 M €

+0.4% YoY

Workforce

0,0 ETP

-100.0% YoY

What does PRAGMA do?

PRAGMA is a Private limited company incorporated in 1999. Its main activity is: Other professional, scientific and technical activities. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0465.418.371

Incorporation

19/03/1999

Legal form

Private limited company

Registered office

Lange Lozanastraat 108
2018 Antwerpen · FlandreSee on map

Contributed capital

320 000,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

74501Other professional, scientific and technical activities· main 78100Activities of employment placement agencies 78100Activities of employment placement agencies

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	144,8 k €	-1.6%	147,2 k €	+1.0%	145,7 k €	-17.8%	177,2 k €	+14.6%	154,6 k €	-45.8%	285,5 k €	+2.7%	278 k €	+23.1%	225,8 k €	-20.5%	284 k €	+9.2%	260,1 k €	+94.4%	133,8 k €	-12.1%	152,1 k €	+143%	62,6 k €	-72.7%	229,5 k €	-14.2%	267,5 k €	+189%	92,6 k €	+35.9%	68,2 k €	-59.8%	169,6 k €	-7.2%	182,8 k €
EBITDA	132 k €	+11.2%	118,7 k €	+29.6%	91,6 k €	-31.1%	132,9 k €	+21.9%	109 k €	-68.7%	348,3 k €	+74.8%	199,3 k €	+30.7%	152,5 k €	+36.8%	111,5 k €	-41.8%	191,7 k €	+280%	50,5 k €	+130%	21,9 k €	+241%	6,4 k €	-96.6%	190,4 k €	+14.5%	166,3 k €	+192%	57 k €	+12.9%	50,5 k €	-64.9%	144,1 k €	-7.2%	155,3 k €
Operating result	9,4 k €	-79.3%	45,4 k €	-24.7%	60,3 k €	-15.3%	71,2 k €	-16.5%	85,2 k €	-65.1%	244,1 k €	+53.5%	159 k €	+50.1%	105,9 k €	+63.2%	64,9 k €	-8.0%	70,6 k €	+71.4%	41,2 k €	+281%	10,8 k €	-60.3%	27,2 k €	-81.4%	146,1 k €	-3.6%	151,5 k €	+258%	42,4 k €	+43.0%	29,6 k €	-76.1%	123,9 k €	-6.8%	132,9 k €
Net result	4,7 k €	-85.2%	31,3 k €	-24.4%	41,5 k €	-16.2%	49,5 k €	-20.3%	62,1 k €	-65.3%	179,1 k €	+46.3%	122,4 k €	+73.0%	70,8 k €	+44.2%	49,1 k €	+0.6%	48,8 k €	+46.4%	33,3 k €	+255%	9,4 k €	-63.8%	26 k €	-78.6%	121,1 k €	+20.3%	100,7 k €	+21.7%	82,7 k €	+149%	33,2 k €	-68.3%	104,8 k €	-0.2%	105,1 k €
Balance sheet
Equity	1,1 M €	+0.4%	1,1 M €	+3.0%	1,1 M €	+4.1%	1 M €	+5.1%	968,3 k €	+6.9%	906,2 k €	+24.6%	727,1 k €	+20.2%	604,7 k €	+13.3%	533,9 k €	+22.9%	434,5 k €	+12.6%	386 k €	+9.2%	353,3 k €	-8.4%	385,9 k €	+7.0%	360,6 k €	-51.9%	748,9 k €	+15.4%	648,9 k €	+14.5%	566,9 k €	+6.1%	534,3 k €	+24.2%	430,2 k €
Total assets	1,7 M €	+0.7%	1,7 M €	-1.7%	1,7 M €	-7.4%	1,9 M €	+0.1%	1,9 M €	-4.3%	1,9 M €	+9.5%	1,8 M €	-4.6%	1,9 M €	-9.9%	2,1 M €	+13.0%	1,8 M €	+64.7%	1,1 M €	-4.0%	1,2 M €	+8.8%	1,1 M €	-1.2%	1,1 M €	-5.2%	1,1 M €	+31.2%	861,8 k €	-5.8%	914,6 k €	+12.2%	815 k €	+14.5%	711,6 k €
Cash	206,6 k €	-35.4%	319,6 k €	-7.5%	345,7 k €	-5.1%	364,3 k €	+34.0%	271,8 k €	+18.0%	230,3 k €	-62.9%	620,7 k €	+15.8%	535,9 k €	+35.1%	396,7 k €	+77.4%	223,6 k €	+8.0%	207 k €	-20.2%	259,2 k €	+72.3%	150,5 k €	-4.8%	158 k €	-63.6%	434,4 k €	+121%	196,6 k €	-38.7%	320,6 k €	+225%	98,7 k €	+44.2%	68,5 k €
Debts	384 k €	-15.7%	455,4 k €	-18.8%	560,5 k €	-20.9%	708,8 k €	-6.5%	757,9 k €	-7.6%	820,3 k €	+22.1%	672 k €	-23.4%	876,8 k €	+11.9%	783,3 k €	-16.0%	932,9 k €	+84.6%	505,3 k €	-20.7%	637 k €	+6.8%	596,6 k €	-7.9%	647,6 k €	+106%	314,9 k €	+51.9%	207,3 k €	-35.2%	319,9 k €	+35.6%	236 k €	+4.0%	227 k €
Other
Workforce	0,0 ETP	-100%	0,3 ETP	-62.5%	0,8 ETP	0.0%	0,8 ETP	-11.1%	0,9 ETP	-10.0%	1,0 ETP	-23.1%	1,3 ETP	-27.8%	1,8 ETP	0.0%	1,8 ETP	+80.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 6 ended

Active mandates

"SEARCH & SELECTION", ADVIESBUREAU VOOR WERVING EN SELECTIE, "SEARCH & SELECTION - BUREAU- CONSEIL EN RECRUTEMENT ET SELECTION

Statutaire Bestuurder · since 01 février 2024 · 0417.568.766

Represented by Claerhout FRANS

Active

Marc Bonami

Director · since 01 février 2024

Active

Ended mandates

Frans Claerhout

Managing director · since 05 mars 1999

Ended

"SEARCH & SELECTION", ADVIESBUREAU VOOR WERVING EN SELECTIE, "SEARCH & SELECTION - BUREAU- CONSEIL EN RECRUTEMENT ET SELECTION

Statutaire Bestuurder · 0417.568.766

Represented by Claerhout FRANS

Ended

Frans Claerhout

Director

Ended

Frans Claerhout

Managing director

Ended

At this address

Other companies at this address

Company	CBE no.
De Familie-Antwerpen● Active	0426.748.728
Marc BONAMI ETC MANAGEMENT● Active	0464.995.729
MORTIMER & BLAKE● Active	0821.828.342
't LOZANA'TJE● Active	0702.831.712

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	07/08/2026	29/07/2025	30/07/2024	09/08/2023	10/06/2022	30/06/2021
General meeting	15/06/2026	16/06/2025	15/06/2024	06/06/2023	07/06/2022	01/06/2021
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	15/06/2026	07/08/2026	Dutch	PDF
Abridged model	31/12/2024	16/06/2025	29/07/2025	Dutch	PDF
Abridged model	31/12/2023	15/06/2024	30/07/2024	Dutch	PDF
Abridged model	31/12/2022	06/06/2023	09/08/2023	Dutch	PDF
Abridged model	31/12/2021	07/06/2022	10/06/2022	Dutch	PDF
Abridged model	31/12/2020	01/06/2021	30/06/2021	Dutch	PDF
Abridged model	31/12/2019	27/06/2020	24/07/2020	Dutch	PDF
Abridged model	31/12/2018	04/06/2019	24/07/2019	Dutch	PDF
Abridged model	31/12/2017	05/06/2018	31/07/2018	Dutch	PDF
Abridged model	31/12/2016	06/06/2017	04/07/2017	Dutch	PDF
Abridged model	31/12/2015	07/06/2016	29/06/2016	Dutch	PDF
Abridged model	31/12/2014	02/06/2015	01/07/2015	Dutch	PDF
Abridged model	31/12/2013	07/06/2014	25/07/2014	Dutch	PDF
Abridged model	31/12/2012	04/06/2013	20/08/2013	Dutch	PDF
Abridged model	31/12/2011	07/06/2012	29/08/2012	Dutch	PDF
Abridged model	31/12/2010	07/06/2011	01/08/2011	Dutch	PDF
Abridged model	31/12/2009	01/06/2010	26/08/2010	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	21/08/2009	Dutch	PDF
Abridged model	31/12/2007	03/06/2008	05/08/2008	Dutch	PDF
Abridged model	31/12/2006	03/07/2007	19/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

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 · 6 ended

Active mandates

"SEARCH & SELECTION", ADVIESBUREAU VOOR WERVING EN SELECTIE, "SEARCH & SELECTION - BUREAU- CONSEIL EN RECRUTEMENT ET SELECTION

Statutaire Bestuurder · since 01 février 2024 · 0417.568.766

Represented by Claerhout FRANS

Active

Marc Bonami

Director · since 01 février 2024

Active

Ended mandates

Frans Claerhout

Managing director · since 05 mars 1999

Ended

"SEARCH & SELECTION", ADVIESBUREAU VOOR WERVING EN SELECTIE, "SEARCH & SELECTION - BUREAU- CONSEIL EN RECRUTEMENT ET SELECTION

Statutaire Bestuurder · 0417.568.766

Represented by Claerhout FRANS

Ended

Frans Claerhout

Director

Ended

Frans Claerhout

Managing director

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares19/12/2013
KAPITAAL - AANDELEN
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 20254,7 k €↓
2024
Annual accounts 202431,3 k €↓
2024
Name changePragma
2023
Annual accounts 202341,5 k €↓
2022
Annual accounts 202249,5 k €↓
2021
Annual accounts 202162,1 k €↓
2021
Name changePragma Broadvertising
2020
Annual accounts 2020179,1 k €↑
2019
Annual accounts 2019122,4 k €↑
2018
Annual accounts 201870,8 k €↑
2017
Annual accounts 201749,1 k €↑
2015
Annual accounts 201548,8 k €↑
2014
Annual accounts 201433,3 k €↑
2013
Annual accounts 20139,4 k €↓
2012
Annual accounts 201226 k €↓
2011
Annual accounts 2011121,1 k €↑
2010
Annual accounts 2010100,7 k €↑
2009
Annual accounts 200982,7 k €↑
2008
Annual accounts 200833,2 k €↓
2007
Annual accounts 2007104,8 k €↓
2006
Annual accounts 2006105,1 k €
19/03/1999
IncorporationPrivate 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 19 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