Equity
-€124,109
Debts exceed assets in financial year 2025.
B-Progress NV
Lifetime
9 annual accounts with figures on one time axispeak €961,729 (2025)
€961,729▲ €1.1m
lowest -€225,669 (2024)
€22,360▲ €248,029
peak €252,811 (2022)
-€124,109▲ €22,360
€967,881▼ 29.8%
peak 20 FTE (2025)
20 FTE▲ 567%
Board3 names since 2016
1 director
Documentsfilings and deeds
30-04-2026on the last day
2025abbreviated format
Gross margin from -€97,554 to €961,729Back to profit: €22,360Staff from 3 FTE to 20 FTEReappointment: (director) 31-10Equity from -€146,469 to -€124,109Debts from €1.4m to €967,881
Key points
from the 2025 annual accountsDebts
€967,881 115% of the balance sheet
Financial debts 2%Suppliers 68%Taxes and wages 28%Other 2%
Of this, €950,182 falls due within a year.
Investments
€160,250 2.0 × depreciation
Green is investment, beige is depreciation.
Staff
20 FTE ▲ 567%
More staff in 2025 from 3 FTE to 20 FTE.
Filings
9 annual accounts 5 late
The 2020 accounts came latest: 31 days after the end of the period.
Position in the sector
-€124,109
Less equity than 95% of companies in land transport. Sector median €446,360 · 2,260 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 522 companies had the same profile as B-Progress NV has now. Each dot stands for 2 companies, two years later.
93.7%
were still trading
1.7%
stopped another way
3.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 522 companies, not a prediction for B-Progress NV. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Managing director
- founderdeed of 12-08-2016
- founderdeed of 12-08-2016
Recent changes
Registered office moved from Anderlecht to Brussels
New registered office: Werkhuizenkaai 160, 1000 Brussel · Previous registered office: Barastraat 57, 1070 Anderlecht · Board meeting of 16-03-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0660833086
Reappointment: (director)
General meeting of 28-10-2025 · Gazette deed
Registered-office move
Board meeting of 30-09-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| B-Progress NV Brussels | €0.8m | €1.0m | -14.7% | 20 |
| NOY GROEP Willebroek | €0.7m | €1.1m | 53.9% | 18.3 |
| Urbike Forest | €0.8m | €0.6m | -0.5% | 14.9 |
| Shukur Etterbeek | €1.5m | €1.0m | -15.9% | 21.8 |
| FIRST TIME RIGHT Wetteren | €0.7m | €1.3m | 22.5% | 21 |
| S&S Antwerp | €1.0m | €1.3m | 35.3% | 23.2 |
| DEMAR TRANS Roeselare | €0.7m | €0.9m | 47.5% | 17 |
These companies have the same main activity as B-Progress NV: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €712,000 and €1.5m, founded between 2014 and 2018.
Official details
Source: KBO- Status
- Active since 10-08-2016Normal situation
- Registered office
- 43 active companies are registered at this address13 started in the 12 months before. Source: KBO register, as of 12 November 2026.
- Activity
- Freight transport by roadNACE 49410and 2 others
- Joint committee
- 140.03Road transport and logistics for third parties · annual accounts 30-09-2024
- Establishment unit
- 2.256.571.9701070 Anderlecht, since 01-10-2016
- Financial year end
- 30 September
- Peppol
- Reachable since 05-03-2026
Annual accounts to 30-09-2025
- ≈ €2.1mestimated
- €843,772▼ 31.6%
- Filing
- Filed on 30-04-2026, on the last day of the filing period
Insights on B-Progress NV
B-Progress NV files the abbreviated format. That format states no turnover. The gross margin rose from €72,110 in 2017 to €961,729 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about B-Progress NV
- What is the company number of B-Progress NV?
- The company number of B-Progress NV is 0660.833.086. The VAT number is the same number with BE in front: BE 0660.833.086.
- Where is B-Progress NV based?
- The registered office is at Werkhuizenkaai 160, 1000 Brussels.Company details
- What does B-Progress NV do?
- According to the KBO register, the main activity is freight transport by road (NACE 49410).
- What is the legal form of B-Progress NV?
- B-Progress NV is a public limited company (NV).
- When was B-Progress NV founded?
- B-Progress NV was founded on 10-08-2016.
- Is B-Progress NV still active?
- Yes, B-Progress NV is an active enterprise in the KBO register.
- How many employees does B-Progress NV have?
- B-Progress NV had an average of 20 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does B-Progress NV fall under?
- In its 30-09-2024 annual accounts, B-Progress NV states joint committee 140.03 (Road transport and logistics for third parties).
- What is the turnover of B-Progress NV?
- The turnover in financial year 2025 is ≈ €2.1m. This figure is estimated from the gross margin of €961,729 and 38 comparable companies (NACE 49410). It probably lies between €1.6m and €3.1m. In financial year 2021 turnover was €520,567.
- Is B-Progress NV profitable?
- In financial year 2025, B-Progress NV made a profit of €22,360.
- Where can I find the annual accounts of B-Progress NV?
- B-Progress NV filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of B-Progress NV due?
- B-Progress NV must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
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