ACTIVE

Pragma Business Services

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Financial year 2025 · Closed on 31/12/2025

Net result104 k €+18,5 %over 1 year

Gross margin190,4 k €-2,9 %over 1 year

Equity391,9 k €+36,1 %over 1 year

Workforce0,0 ETP

Identity

Source · BCE/KBO

Pragma Business Services is a Private limited company incorporated in 2010. Its main activity is: Management consultancy activities. Its registered office is in Watermael-Boitsfort.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0825.380.324
Incorporation: 27/04/2010
Legal form: Private limited company
Registered office: Chaussée de La Hulpe 166 box 25
1170 Watermael-Boitsfort · BruxellesSee on map
Contributed capital: 50 000,00 €
Latest accounts: 31/12/2025
Average workforce: 0,0 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 16 filings

Trend over 14 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	190,4 k €	-2.9%	196,1 k €	+26.7%	154,7 k €	-50.5%	312,3 k €	+136%	132,4 k €
EBITDA	158 k €	+1.0%	156,4 k €	+14.5%	136,6 k €	-51.9%	283,9 k €	+159%	109,6 k €
Operating result	138,3 k €	-2.9%	142,5 k €	+16.8%	122 k €	-54.7%	269,3 k €	+183%	95,1 k €
Net result	104 k €	+18.5%	87,7 k €	+25.8%	69,7 k €	-72.6%	254,6 k €	+212%	81,7 k €
Balance sheet
Equity	391,9 k €	+36.1%	287,9 k €	+43.8%	200,2 k €	+53.4%	130,5 k €	+205%	-124,2 k €
Total assets	471,6 k €	+10.7%	426,2 k €	-24.2%	562,3 k €	-47.1%	1,1 M €	+242%	311,2 k €
Cash	–		0 €	-100%	90,4 k €	-9.9%	100,3 k €	-23.6%	131,3 k €
Debts	58,9 k €	-53.7%	127,4 k €	-61.8%	333 k €	-62.4%	886 k €	+138%	371,8 k €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Matthew Leonard Molton	Directorsince 12/02/2026
Quentin Thierry de Neve de Roden	Directorsince 12/02/2026
Erik Adam	Directorsince 15/08/2018Manager15/08/2018 → 2018 accountsended
Alexander Wells Spencer	Directoruntil 12/02/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Sandra Legrand	Director10/04/2020 → 2023 accounts
Georgios Rologis	Director30/05/2018 → 2019 accountsManager30/05/2018 → 2018 accounts
Alain Leriche	Manager14/12/2017 → 2017 accounts

Other companies at this address

Chaussée de La Hulpe 166 1170 Watermael-Boitsfort

Company	CBE no.
AdaStone● Active	0761.830.278
AD-BEL SERVICES● Active	0832.240.402
Administratiekantoor Scheldt I● Active	1010.695.656
Administratiekantoor Scheldt II● Active	1010.695.854
ADVOCATENKANTOOR GARREZ JORREN● Active	0644.464.931
ADVOCATENKANTOOR ILHAM IRGIOU● Active	0800.056.691
Afer Pierre Holding Belgium● Active	0783.501.365
AGENCE ET PROMOTION IMMOBILIERES● Active	0415.973.612
AGNES MAQUA● Active	0464.713.043
ALTIMAR● Active	0430.069.987
AMERICAN MANAGEMENT ASSOCIATION EUROPE● Active	0894.813.815
ARTER● Active	0692.924.448
Association des copropriétaires à Watermael-Boitsfort Chaussée de La Hulpe 166● Active	0824.539.194
BARESQUE EUROPE● Active	0722.856.965
BARILLA BELGIUM● Active	0470.995.079
BCH BROKERS● Active	0847.209.084
Belgian Resilience Fund● Active	0778.407.578
BLUEMIND BUSINESS INFORMATION SERVICES● Active	0820.737.685
BRF Management● Active	0778.360.167
BROEKZELE VASTGOED● Active	0641.946.691

Full financial information

Source · NBB

	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	12/06/2026	29/07/2025	21/06/2024	09/06/2023	27/06/2022	16/06/2021
General meeting	29/05/2026	30/05/2025	31/05/2024	26/05/2023	27/05/2022	28/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 16 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	29/05/2026	12/06/2026	French	PDF
Abridged model	31/12/2024	30/05/2025	29/07/2025	French	PDF
Abridged model	31/12/2023	31/05/2024	21/06/2024	French	PDF
Abridged model	31/12/2022	26/05/2023	09/06/2023	French	PDF
Abridged model	31/12/2021	27/05/2022	27/06/2022	French	PDF
Abridged model	31/12/2020	28/05/2021	16/06/2021	French	PDF
Abridged model	31/12/2019	29/05/2020	09/06/2020	French	PDF
Abridged model	31/12/2018	26/04/2019	11/06/2019	French	PDF
Full model	31/12/2017	27/04/2018	28/06/2018	French	PDF
Full model	31/12/2016	26/06/2017	29/06/2017	French	PDF
Full model	31/12/2015	29/04/2016	28/06/2016	French	PDF
Full model	31/12/2014	25/04/2015	21/08/2015	French	PDF
Full model	31/12/2013	25/04/2014	26/05/2014	French	PDF
Full model	31/12/2012	26/04/2013	03/06/2013	French	PDF
Full model	31/12/2011	25/06/2012	31/07/2012	French	PDF
Abridged model	31/12/2010	29/04/2011	24/05/2011	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Matthew Leonard Molton	Directorsince 12/02/2026
Quentin Thierry de Neve de Roden	Directorsince 12/02/2026
Erik Adam	Directorsince 15/08/2018Manager15/08/2018 → 2018 accountsended
Alexander Wells Spencer	Directoruntil 12/02/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Sandra Legrand	Director10/04/2020 → 2023 accounts
Georgios Rologis	Director30/05/2018 → 2019 accountsManager30/05/2018 → 2018 accounts
Alain Leriche	Manager14/12/2017 → 2017 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates26/03/2026
Changement d'administrateur
PDF
Mandates15/05/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates21/11/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates12/07/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates06/08/2021
DEMISSIONS, NOMINATIONS - DIVERS
PDF
Mandates06/08/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates13/05/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates28/02/2020
DENOMINATION - DEMISSIONS, NOMINATIONS - ANNEE COMPTABLE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings14 filings

Mandates

Quentin Thierry de Neve de Roden

Matthew Leonard Molton

Erik Adam

Alexander Wells Spencer

Sandra Legrand

Georgios Rologis

Alain LERICHE

Laurent VANDERWEYEN

David O'NEILL

Bruno Bagnouls

Catherine Baudhuin

Spencer Alexander Wells

20102011201220132014201520162017201820192020202120222023202420252026

Pragma Business Services

Chaussée de La Hulpe 166 bte 25, 1170 Watermael-Boitsfort

Director

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Chaussée de La Hulpe 166 bte 25, 1170 Watermael-BoitsfortCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00161887
Chaussée de La Hulpe 166 2 bte 25, 1170 Watermael-Boitsfort	accounts 2021	Accounts 2021 · 2022-20124568

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Pragma Business ServicesCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00161887

Events

2025
Annual accounts 2025104 k €↑
2024
Annual accounts 202487,7 k €↑
2023
Annual accounts 202369,7 k €↓
2022
Annual accounts 2022254,6 k €↑
2021
Annual accounts 202181,7 k €↓
2018
Annual accounts 2018106,6 k €↑
2017
Annual accounts 2017-36,6 k €↑
2016
Annual accounts 2016-171,4 k €↑
2015
Annual accounts 2015-221,5 k €↓
2014
Annual accounts 2014-53,1 k €↑
2013
Annual accounts 2013-142,8 k €↓
2012
Annual accounts 2012-37,1 k €↓
2011
Annual accounts 201197,1 k €↑
2010
Annual accounts 201037,9 k €
27/04/2010
IncorporationPrivate limited company

Pragma Business Services

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events