4PROGRESS
Annual accounts 2025
micro format, filed on 10-07-2026, 21 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €410,000. Estimated: probably between €340,000 and €720,000.
Balance sheet
balance sheet total €366,655 on 31-12-2025in euro
in euro
Position in the sector
15.5%
Higher than 20% of 39,360 companies in 2025.
1.24
Higher than 33% of 38,044 companies in 2025.
62.2%
Higher than 92% of 38,516 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
366,655 | 857,948 | 1.0m | 949,052 | 732,343 | 283,961 | |
21/28 |
5,098 | 12,531 | 19,453 | 26,700 | 28,204 | 28,646 | |
22/27 |
5,098 | 12,531 | 19,453 | 26,700 | 28,204 | 28,646 | |
23 |
490 | 884 | 1,278 | 1,672 | - | - | |
24 |
4,608 | 11,647 | 18,174 | 25,028 | 28,204 | 28,646 | |
29/58 |
361,557 | 845,417 | 1.0m | 922,352 | 704,138 | 255,315 | |
40/41 |
25,903 | 327,069 | 276,657 | 166,550 | 7,553 | 38,721 | |
40 |
25,301 | 266,079 | 73,259 | 66,550 | - | 30,250 | |
41 |
602 | 60,990 | 203,398 | 100,000 | 7,553 | 8,471 | |
50/53 |
250,000 | 403,086 | 593,827 | 34,568 | - | - | |
54/58 |
61,069 | 109,222 | 143,357 | 691,901 | 670,262 | 189,182 | |
490/1 |
24,585 | 6,040 | 6,880 | 29,333 | 26,323 | 27,411 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
366,655 | 857,948 | 1.0m | 949,052 | 732,343 | 283,961 | |
10/15 |
56,861 | 95,157 | 361,277 | 748,782 | 545,146 | 207,836 | |
10/11 |
5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | |
14 |
51,861 | 90,157 | 356,277 | 743,782 | 540,146 | 202,836 | |
17/49 |
309,794 | 762,791 | 678,897 | 200,270 | 187,196 | 76,125 | |
42/48 |
290,845 | 573,378 | 678,884 | 200,270 | 187,196 | 76,125 | |
44 |
1,334 | 1,199 | 25 | 1,547 | 1,189 | 821 | |
440/4 |
1,334 | 1,199 | 25 | 1,547 | 1,189 | 821 | |
45 |
35,583 | 71,585 | 89,566 | 193,936 | 186,007 | 75,303 | |
450/3 |
35,583 | 71,585 | 89,566 | 193,936 | 186,007 | 75,303 | |
47/48 |
253,928 | 500,594 | 589,294 | 4,787 | - | - | |
492/3 |
18,949 | 189,413 | 13 | - | - | - | |
| Income statement | |||||||
9900 |
288,679 | 314,301 | 263,526 | 283,041 | 451,300 | 263,205 | |
630 |
2,143 | 7,517 | 7,416 | 7,048 | 5,641 | 170 | |
640/8 |
1,245 | 1,335 | 876 | 796 | 425 | 175 | |
66A |
5,289 | - | 630 | - | 904 | - | |
9901 |
280,002 | 305,448 | 254,603 | 275,197 | 444,330 | 262,860 | |
75/76B |
16,631 | 9,716 | 14,886 | 1,875 | 15 | - | |
75 |
16,631 | 9,716 | 14,886 | 1,875 | 15 | - | |
65/66B |
246 | 1,019 | 1,040 | 1,000 | 34 | 24 | |
65 |
246 | 1,019 | 1,040 | 1,000 | 34 | 24 | |
9903 |
296,386 | 314,146 | 268,449 | 276,071 | 444,310 | 262,836 | |
67/77 |
68,182 | 80,265 | 66,955 | 72,435 | 107,000 | 60,000 | |
9904 |
228,204 | 233,880 | 201,494 | 203,636 | 337,310 | 202,836 | |
9905 |
228,204 | 233,880 | 201,494 | 203,636 | 337,310 | 202,836 | |
| Appropriation of the result | |||||||
9906 |
318,361 | 590,157 | 945,277 | 743,782 | 540,146 | 202,836 | |
14P |
90,157 | 356,277 | 743,782 | 540,146 | 202,836 | - | |
694/7 |
266,500 | 500,000 | 589,000 | - | - | - | |
694 |
266,500 | 500,000 | 589,000 | - | - | - | |
| Document | |||||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 10-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 10-07-2026 | 2026-00277978 | |
| 31-12-2024 | micro format | 23-06-2025 | 2025-00164452 | |
| 31-12-2023 | micro format | 28-06-2024 | 2024-00176611 | |
| 31-12-2022 | micro format | 14-07-2023 | 2023-00235786 | |
| 31-12-2021 | micro format | 04-07-2022 | 2022-20122684 | |
| 31-12-2020 | micro format | 20-07-2021 | 2021-37500102 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 282,145 | 312,966 | 262,020 | 282,245 | 449,971 | 263,030 | ||
| 230,348 | 241,398 | 208,911 | 210,684 | 342,952 | 203,006 | ||
| -5,289 | 596 | 799 | 5,543 | 6,104 | 28,816 | ||
| -48,153 | -34,135 | -548,544 | 21,639 | 481,080 | - | ||
| 70,713 | 272,039 | 341,837 | 722,082 | 516,942 | 179,190 | ||
| 15.5% | 11.1% | 34.7% | 78.9% | 74.4% | 73.2% | ||
| 1.24 | 1.47 | 1.50 | 4.61 | 3.76 | 3.35 | ||
| 5.45 | 8.02 | 1.88 | 0.27 | 0.34 | 0.37 | ||
| 401.3% | 245.8% | 55.8% | 27.2% | 61.9% | 97.6% | ||
| 62.2% | 27.3% | 19.4% | 21.5% | 46.1% | 71.4% | ||
| over 100 | over 100 | over 100 | over 100 | over 100 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €596 | €799 | €5,543 | €6,104 |
| €2,143 | €7,517 | €7,416 | €7,048 | €5,641 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on 4PROGRESS
The operating result for 2025 is 8% lower than in 2024.
Debt's share of the balance-sheet total falls from 88.9% to 84.5%. Equity and debt are lower.