Debts
€29,325 73% of the balance sheet
Suppliers 10%Taxes and wages 20%Other 70%
CQM PROGRESS
Lifetime
18 annual accounts with figures on one time axispeak €55,165 (2023)
€31,941▼ 26.6%
lowest -€14,768 (2022)
€9,561▲ 738%
peak €25,293 (2021)
€10,854▲ 739%
€29,325▼ 13.3%
peak 1.9 FTE (2020)
-not published
Board2 names since 2021
2 directors and 1 other
Documentsfilings and deeds
05-11-202697 days late
2025micro format
Gross margin from €43,495 to €31,941Result from €1,141 to €9,561Equity from €1,293 to €10,854
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 5,053 companies had the same profile as CQM PROGRESS has now. Each dot stands for 13 companies, two years later.
95.9%
were still trading
2.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 5,053 companies, not a prediction for CQM PROGRESS. 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
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0807067417
Change of role: , from organe de gestion actuel to director
Appointment: (director) · Legal-form conversion: from limited partnership to private limited company · Director discharge: · General meeting of 11-05-2021 · Gazette deed
New establishment in Courcelles
Le Grain de Beauté, Rue Winston Churchill 15
Incorporation
published on 21-10-2008 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CQM PROGRESS Courcelles | €40,179 | €31,941 | 27.0% | - |
| RICOBEL Ghent | €37,137 | €32,968 | -118.3% | - |
| CCB MANAGEMENT Antwerp | €49,949 | €26,438 | -85.4% | - |
| MOBIPHIL Ath | €33,051 | €28,601 | 53.8% | - |
| SEBCHA Braine-le-Château | €52,965 | €31,082 | 42.0% | - |
| CLAUDE Lievegem | €42,381 | €22,991 | 62.4% | - |
| KAMEL MARKET Ixelles | €49,497 | €42,081 | 43.3% | - |
These companies have the same main activity as CQM PROGRESS: agents in non-specialised wholesale trade (NACE 46190). They are comparable in size and age: total assets between €33,100 and €53,000, founded between 2007 and 2012.
Official details
Source: KBO- Status
- Active since 13-10-2008Normal situation
- Activity
- Agents in non-specialised wholesale tradeNACE 46190and 3 others
- Establishment units
- 2.174.240.9446180 Courcelles, since 13-10-2008
- 2.250.054.0656180 Courcelles, since 30-09-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 08-12-2025
Annual accounts 2025
- ≈ €140,000estimated
- €40,179▲ 14.4%
- Employeeson 31-12-2025
- 2▲ 100%
- Filing
- Filed on 05-11-2026
Insights on CQM PROGRESS
CQM PROGRESS files the micro format. That format states no turnover. The gross margin rose from -€2,975 in 2008 to €31,941 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 CQM PROGRESS
- What is the company number of CQM PROGRESS?
- The company number of CQM PROGRESS is 0807.067.417. The VAT number is the same number with BE in front: BE 0807.067.417.
- Where is CQM PROGRESS based?
- The registered office is at Rue de la Croisette 70, 6180 Courcelles.Company details
- What does CQM PROGRESS do?
- According to the KBO register, the main activity is agents in non-specialised wholesale trade (NACE 46190).
- What is the legal form of CQM PROGRESS?
- CQM PROGRESS is a private limited company (BV).
- When was CQM PROGRESS founded?
- CQM PROGRESS was founded on 13-10-2008.
- Is CQM PROGRESS still active?
- Yes, CQM PROGRESS is an active enterprise in the KBO register.
- How many employees does CQM PROGRESS have?
- CQM PROGRESS had an average of 1.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of CQM PROGRESS?
- The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €31,941 and 38 comparable companies (NACE 461). It probably lies between €87,000 and €350,000.
- Is CQM PROGRESS profitable?
- In financial year 2025, CQM PROGRESS made a profit of €9,561.
- Where can I find the annual accounts of CQM PROGRESS?
- CQM PROGRESS filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CQM PROGRESS due?
- CQM PROGRESS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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