ACTIVE

PROGRAMMADS

Financial year 2025 · closed on 31/12/2025
Net result
374,6 k €
-12.0% YoY
Gross margin
1,3 M €
+31.6% YoY
Equity
563,0 k €
+15.3% YoY
Workforce
2,9 ETP
-14.7% YoY

What does PROGRAMMADS do?

PROGRAMMADS is a Private limited company incorporated in 2011. Its main activity is: Management consultancy activities. Its registered office is in Watermael-Boitsfort. It employs on average 2,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0840.247.256
Incorporation
13/10/2011
Legal form
Private limited company
Registered office
Boulevard du Souverain 25 box 5
1170 Watermael-Boitsfort · BruxellesSee on map
Contributed capital
10 000,00 €
Latest accounts
31/12/2025
Average workforce
2,9 ETP
Joint committees (1)
  • 200
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720162015201420132012
Income statement
Gross margin1,3 M €1,0 M €240,4 k €561,4 k €309,4 k €82,7 k €299,5 k €399,6 k €254,9 k €65,4 k €32,4 k €4,8 k €-4,8 k €16,2 k €
EBITDA1,1 M €708,7 k €-31,9 k €278,7 k €67,1 k €-138,8 k €52,8 k €137,3 k €66,9 k €42,0 k €31,8 k €4,4 k €-5,1 k €-85,9 k €
Operating result866,5 k €582,6 k €-101,2 k €251,9 k €54,7 k €-141,8 k €50,7 k €136,5 k €66,9 k €42,0 k €31,8 k €4,0 k €-5,5 k €-86,8 k €
Net result374,6 k €425,9 k €-50,8 k €223,7 k €49,1 k €-115,0 k €32,0 k €90,5 k €37,0 k €27,5 k €14,0 k €43,9 k €39,3 k €-88,6 k €
Balance sheet
Equity563,0 k €488,4 k €313,3 k €365,1 k €142,4 k €90,5 k €205,5 k €173,5 k €83,0 k €46,0 k €18,6 k €4,6 k €-39,3 k €-78,6 k €
Total assets16,5 M €15,0 M €7,2 M €4,3 M €2,8 M €1,3 M €835,4 k €1,4 M €669,5 k €586,8 k €196,0 k €4,6 k €14,7 k €35,4 k €
Cash3,0 M €795,2 k €1,8 M €1,5 M €1,3 M €49,2 k €57,2 k €31,1 k €8,9 k €75,7 k €42,6 k €968,5 €5,6 k €4,9 k €
Debts15,6 M €14,3 M €6,8 M €3,7 M €2,4 M €996,4 k €494,2 k €1,2 M €585,9 k €540,8 k €177,5 k €44,5 €49,0 k €108,3 k €
Other
Workforce2,9 ETP3,4 ETP4,8 ETP5,6 ETP4,5 ETP4,6 ETP4,4 ETP4,2 ETP4,3 ETP0,2 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 7 ended

Active mandates

WEEGOO

Director · since 20 avril 2018 · 0638.767.863

Represented by Gaëtan Godart

Active

Ended mandates

WEEGOO

Manager · since 20 avril 2018 · 0638.767.863

Represented by Gaëtan Godart

Ended
BLUE 2 PURPLE

Manager · since 05 juin 2015 · until 20 avril 2018 · 0895.341.078

Represented by Annick Vandersmissen

Ended
BLUE 2 PURPLE

Manager · since 05 juin 2015 · 0895.341.078

Represented by Annick Vandersmissen

Ended
TAILOR MADE SOLUTIONS

Manager · since 22 mai 2013 · until 05 juin 2015 · 0454.915.449

Represented by Cédric Donck

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/07/202630/09/202517/07/202424/10/202326/08/202231/08/2021
General meeting03/07/202629/09/202505/06/202407/06/202301/06/202202/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202503/07/202631/07/2026FrenchPDF
Abridged model31/12/202429/09/202530/09/2025FrenchPDF
Abridged model31/12/202305/06/202417/07/2024FrenchPDF
Abridged modelCorrection31/12/202207/06/202324/10/2023FrenchPDF
Abridged model31/12/202207/06/202331/08/2023FrenchPDF
Abridged model31/12/202101/06/202226/08/2022FrenchPDF
Abridged model31/12/202002/06/202131/08/2021FrenchPDF
Abridged model31/12/201903/06/202007/08/2020FrenchPDF
Abridged model31/12/201805/06/201930/08/2019FrenchPDF
Abridged model31/12/201706/06/201831/08/2018FrenchPDF
Abridged model31/12/201631/05/201731/08/2017FrenchPDF
Abridged model31/12/201501/06/201631/08/2016FrenchPDF
Abridged model31/12/201403/06/201527/08/2015FrenchPDF
Abridged model31/12/201304/06/201431/07/2014FrenchPDF
Abridged model31/12/201205/06/201329/08/2013FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 1 active · 7 ended

Active mandates

WEEGOO

Director · since 20 avril 2018 · 0638.767.863

Represented by Gaëtan Godart

Active

Ended mandates

WEEGOO

Manager · since 20 avril 2018 · 0638.767.863

Represented by Gaëtan Godart

Ended
BLUE 2 PURPLE

Manager · since 05 juin 2015 · until 20 avril 2018 · 0895.341.078

Represented by Annick Vandersmissen

Ended
BLUE 2 PURPLE

Manager · since 05 juin 2015 · 0895.341.078

Represented by Annick Vandersmissen

Ended
TAILOR MADE SOLUTIONS

Manager · since 22 mai 2013 · until 05 juin 2015 · 0454.915.449

Represented by Cédric Donck

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates13/11/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/05/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/06/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office20/07/2023
    SIEGE SOCIAL
    PDF
  • Mandates15/06/2018
    SIEGE SOCIAL - ADRESSE AUTRE QUE SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/07/2015
    DENOMINATION - SIEGE SOCIAL - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Registered office19/05/2015
    SIEGE SOCIAL
    PDF
  • Mandates03/03/2014
    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

Timeline

  1. 2025
    Annual accounts 2025374,6 k €
  2. 2024
    Annual accounts 2024425,9 k €
  3. 2023
    Annual accounts 2023-50,8 k €
  4. 2022
    Annual accounts 2022223,7 k €
  5. 2021
    Annual accounts 202149,1 k €
  6. 2020
    Annual accounts 2020-115,0 k €
  7. 2019
    Annual accounts 201932,0 k €
  8. 2018
    Annual accounts 201890,5 k €
  9. 2017
    Annual accounts 201737,0 k €
  10. 2016
    Annual accounts 201627,5 k €
  11. 2015
    Annual accounts 201514,0 k €
  12. 2014
    Annual accounts 201443,9 k €
  13. 2013
    Annual accounts 201339,3 k €
  14. 2012
    Annual accounts 2012-88,6 k €
  15. 13/10/2011
    IncorporationPrivate limited company