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pm-works

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Financial year 2025 · closed on 31/12/2025

Net result

35,1 k €

-34.1% YoY

Gross margin

59,7 k €

-36.2% YoY

Equity

468,2 k €

+8.1% YoY

What does pm-works do?

pm-works is a Private company with limited liability incorporated in 2003. Its main activity is: Computer consultancy activities. Its registered office is in Rixensart.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0859.633.103

Incorporation

14/07/2003

Legal form

Private company with limited liability

Registered office

Rue Tombeek Beauseant 2-5
1331 Rixensart · Wallonie

Contributed capital

6 280,00 €

Latest accounts

31/12/2025

Activities (NACE)

62020Computer consultancy activities· main 62200Computer programming, consultancy and related activities 72100Research and experimental development on natural sciences and engineering 62010Computer programming activities 62100Computer programming, consultancy and related activities 72220Research and experimental development on social sciences and humanities

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	59,7 k €	-36.2%	93,7 k €	+31.1%	71,5 k €	-14.3%	83,4 k €	-55.0%	185,2 k €	+170%	68,7 k €	+5.9%	64,9 k €	+5.9%	61,2 k €	+18.8%	51,5 k €	-11.1%	58 k €	-40.9%	98 k €	-4.6%	102,8 k €	+9.9%	93,5 k €	+7.4%	87,1 k €	+34.6%	64,7 k €	-25.2%	86,5 k €	-24.7%	114,8 k €	+27.1%	90,3 k €	+9.8%	82,2 k €	+15.3%	71,3 k €
EBITDA	59 k €	-25.8%	79,5 k €	+20.5%	66 k €	-16.8%	79,2 k €	-56.1%	180,4 k €	+184%	63,4 k €	+4.8%	60,5 k €	+6.1%	57 k €	+29.2%	44,1 k €	-15.3%	52,1 k €	-44.1%	93,2 k €	-2.8%	95,9 k €	+9.3%	87,7 k €	+7.9%	81,3 k €	+37.1%	59,3 k €	-26.1%	80,3 k €	-28.1%	111,6 k €	+37.4%	81,2 k €	+7.6%	75,5 k €	+7.4%	70,3 k €
Operating result	36,3 k €	-40.5%	61,1 k €	+81.1%	33,7 k €	-28.9%	47,4 k €	-68.2%	149,3 k €	+378%	31,2 k €	+11.9%	27,9 k €	+15.2%	24,2 k €	+107%	11,7 k €	-42.5%	20,4 k €	-69.4%	66,5 k €	+17.5%	56,6 k €	+19.2%	47,5 k €	+16.1%	40,9 k €	+110%	19,5 k €	-52.6%	41,1 k €	-36.0%	64,3 k €	+82.9%	35,2 k €	+39.5%	25,2 k €	-19.8%	31,4 k €
Net result	35,1 k €	-34.1%	53,3 k €	+59.2%	33,5 k €	+149%	13,5 k €	-90.8%	146,3 k €	+348%	32,7 k €	+25.6%	26 k €	+20.9%	21,5 k €	+122%	9,7 k €	-23.7%	12,7 k €	-77.7%	57,1 k €	+27.1%	44,9 k €	+1278%	-3,8 k €	-112%	31,9 k €	+436%	-9,5 k €	-195%	9,9 k €	+213%	-8,8 k €	-25.5%	-7 k €	-77.8%	-3,9 k €	-142%	9,5 k €
Balance sheet
Equity	468,2 k €	+8.1%	433,1 k €	+14.0%	379,8 k €	+9.7%	346,4 k €	+4.0%	332,9 k €	+78.4%	186,7 k €	+21.2%	154 k €	+20.3%	128 k €	+20.2%	106,4 k €	+10.0%	96,7 k €	+15.1%	84 k €	+13.6%	74 k €	+19.2%	62,1 k €	-5.8%	65,9 k €	+93.8%	34 k €	-21.8%	43,5 k €	+29.6%	33,5 k €	+91.3%	17,5 k €	-28.5%	24,5 k €	-13.8%	28,5 k €
Total assets	601,6 k €	+4.3%	576,8 k €	+19.7%	482 k €	+2.1%	472,2 k €	+7.9%	437,8 k €	+29.4%	338,2 k €	+0.1%	337,8 k €	+11.2%	303,6 k €	-6.9%	326 k €	+1.5%	321,3 k €	+25.0%	257,1 k €	-23.6%	336,6 k €	-10.8%	377,3 k €	-9.7%	417,7 k €	-10.4%	466,2 k €	-4.9%	490,3 k €	-8.1%	533,7 k €	-5.2%	562,8 k €	-16.6%	675,2 k €	+1.8%	663,6 k €
Cash	4 k €	-72.7%	14,6 k €	+132611%	11 €	-99.8%	4,8 k €	-56.7%	11 k €	-63.9%	30,6 k €	-3.0%	31,5 k €	+14389%	217,5 €		–		–		17,6 €	-8.1%	19,2 €	-96.7%	581,3 €	+858%	60,7 €	-99.7%	23,8 k €	+26234%	90,4 €	+4.7%	86,4 €	-99.0%	8,4 k €	+10878%	76,5 €	-98.5%	5,1 k €
Debts	133,3 k €	-5.1%	140,6 k €	+43.7%	97,8 k €	-22.3%	125,8 k €	+20.0%	104,8 k €	-30.0%	149,8 k €	-17.5%	181,5 k €	+3.3%	175,7 k €	-19.9%	219,2 k €	+19.1%	184 k €	+6.5%	172,8 k €	-34.2%	262,6 k €	-15.5%	310,8 k €	-11.7%	351,8 k €	-18.6%	432,2 k €	-3.3%	446,9 k €	-10.5%	499,1 k €	-8.5%	545,3 k €	-16.1%	650,1 k €	+2.4%	635,1 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

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

Active mandates

PHILIPPE DECONINCK

Director · since 01 juillet 2003

Active

Ended mandates

Philippe DECONINCK

Director · since 14 juillet 2003

Ended

Philippe DECONINCK

Manager · since 14 juillet 2003

Ended

Philippe DECONINCK

Administrator - manager · since 01 juillet 2003

Ended

Philippe DECONINCK

Manager · since 01 juillet 2003

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro 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	31/08/2026	30/09/2025	01/10/2024	30/06/2023	18/09/2022	25/08/2021
General meeting	30/06/2026	27/06/2025	28/06/2024	23/06/2023	24/06/2022	25/06/2021
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

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	30/06/2026	31/08/2026	Dutch	PDF
Micro model	31/12/2024	27/06/2025	30/09/2025	Dutch	PDF
Micro model	31/12/2023	28/06/2024	01/10/2024	French	PDF
Micro model	31/12/2022	23/06/2023	30/06/2023	French	PDF
Micro model	31/12/2021	24/06/2022	18/09/2022	French	PDF
Micro model	31/12/2020	25/06/2021	25/08/2021	French	PDF
Micro model	31/12/2019	26/06/2020	24/08/2020	French	PDF
Micro model	31/12/2018	28/06/2019	09/08/2019	French	PDF
Micro model	31/12/2017	22/06/2018	09/08/2018	French	PDF
Micro model	31/12/2016	23/06/2017	03/08/2017	French	PDF
Abridged model	31/12/2015	17/06/2016	29/08/2016	French	PDF
Abridged model	31/12/2014	26/06/2015	28/08/2015	French	PDF
Abridged model	31/12/2013	27/06/2014	29/08/2014	French	PDF
Abridged model	31/12/2012	28/06/2013	30/08/2013	French	PDF
Abridged model	31/12/2011	30/06/2012	31/08/2012	French	PDF
Abridged model	31/12/2010	26/08/2011	26/08/2011	French	PDF
Abridged modelCorrection	31/12/2009	28/06/2010	26/04/2011	French	PDF
Abridged model	31/12/2009	28/06/2010	15/07/2010	French	PDF
Abridged modelCorrection	31/12/2008	31/07/2009	06/01/2010	French	PDF
Abridged model	31/12/2008	31/07/2009	26/08/2009	French	PDF
Abridged model	31/12/2007	27/06/2008	26/09/2008	French	PDF
Abridged model	31/12/2006	30/06/2007	22/11/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 1 active · 7 ended

Active mandates

PHILIPPE DECONINCK

Director · since 01 juillet 2003

Active

Ended mandates

Philippe DECONINCK

Director · since 14 juillet 2003

Ended

Philippe DECONINCK

Manager · since 14 juillet 2003

Ended

Philippe DECONINCK

Administrator - manager · since 01 juillet 2003

Ended

Philippe DECONINCK

Manager · since 01 juillet 2003

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office23/06/2005
SIEGE SOCIAL - ADRESSE AUTRE QUE SIEGE SOCIAL
PDF
Other18/07/2003
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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 202535,1 k €↓
2024
Annual accounts 202453,3 k €↑
2023
Annual accounts 202333,5 k €↑
2022
Annual accounts 202213,5 k €↓
2021
Annual accounts 2021146,3 k €↑
2020
Annual accounts 202032,7 k €↑
2019
Annual accounts 201926 k €↑
2018
Annual accounts 201821,5 k €↑
2017
Annual accounts 20179,7 k €↓
2016
Annual accounts 201612,7 k €↓
2015
Annual accounts 201557,1 k €↑
2014
Annual accounts 201444,9 k €↑
2013
Annual accounts 2013-3,8 k €↓
2012
Annual accounts 201231,9 k €↑
2011
Annual accounts 2011-9,5 k €↓
2010
Annual accounts 20109,9 k €↑
2009
Annual accounts 2009-8,8 k €↓
2008
Annual accounts 2008-7 k €↓
2007
Annual accounts 2007-3,9 k €↓
2006
Annual accounts 20069,5 k €
14/07/2003
IncorporationPrivate company with limited liability

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

pm-works

Overview

What does pm-works do?

Trend over 20 financial years

Indicative valuation

Board of directors

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