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LE PROGRES

Inactive KBO/BCE: BE 0458.308.469 subsidiary of COFINIMMO
LE PROGRES
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Overview

Lifetime

7 annual accounts with figures on one time axis, 16 filings since 1997
peak €2.6m (2007)
€457,947▲ 1.7%
lowest -€875,795 (2012)
-€875,795▼ €1.7m
peak €1.3m (2011)
€457,078▼ 65.7%
€4.3m▼ 1.6%
peak 23 FTE (2007)
-not published
Owners6 names in the annual accounts
  
Documentsfilings and deeds
28-10-2013filed
2012financial year
Loss of €875,795Equity from €1.3m to €457,078Cash from €6 to €729

Key points

from the 2012 annual accounts, the last ones filed

Debts

€4.3m 90% of the balance sheet
Financial debts 0%Suppliers 0%Other 100%

Of this, €4.3m falls due within a year.

Liquidity

0.05 was 7.49 in 2011

Short-term debts rose from €22,111 to €4.3m.

Filings

16 annual accounts since 1997
deadline200020052010

Five of the last ten came late. The 2006 accounts came latest: 241 days after the end of the period.

No score

Board and ownership

Board & ownership

Recent changes

Deed on restructuring and the end Gazette deed
Incorporation 30 publications in the Belgian Official Gazette, the last on 05-02-2013 · Gazette deed
All 24 events

Official details

Source: KBO
Status
Inactivedeed of incorporation of 16-07-1996 · last publication under the heading End on 05-02-2013
Activity
No activity registered in the KBO
Financial year end
28 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts to 28-12-2012

€457,947▲ 1.7%
€875,795
€457,078▼ 65.7%
€4.8m▼ 16.5%
Filing
Filed on 28-10-2013
Financials

Insights on LE PROGRES

LE PROGRES reached its highest turnover since 2006 in 2007: €2.6m. A year later it was €1.3m, and in 2009 still €428,380.

Equity fell from €1.3m in 2011 to €457,078 in 2012.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2012

full format, filed on 28-10-2013, 92 days late
€457,947
▲ 1.7%
€354,704
▲ 4.7%
€452,387
▲ 2.8%
-€778,112
▼ €1.7m
9.6%
▼ 13.8 percentage points
0.05
▼ 7.44

Money flows

turnover is 33.4% of income in 2012

Balance sheet

balance sheet total €4.8m on 28-12-2012
What the company ownsHow it is paid for

in €m

in euro

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2012201120102009200820072006
Balance sheet: assets
20/58 4.8m5.7m5.2m5.2m932,1771.9m1.8m
21/28 -5.5m5.0m5.1m812,177941,9551.1m
22/27 557,270654,953756,200804,659812,177941,8801.1m
22 557,270654,953756,200804,659812,177934,7961.1m
24 -----7,0841,453
28 4.0m4.9m4.3m4.3m-750
280/1 4.0m4.9m4.3m4.3m---
280 --4.3m4.3m---
281 4.0m4.9m-----
29/58 205,196165,535212,741184,725120,000948,811781,405
40/41 185,552122,03810,55710,557-878,661674,750
40 117,314114,193---285,787364,580
41 68,2387,84510,55710,557-592,874310,170
50/53 -----20,663-
54/58 729620,661174,028-38,858103,932
490/1 18,91543,490181,523140120,00010,6292,723
Balance sheet: equity and liabilities
10/49 4.8m5.7m5.2m5.2m932,1771.9m1.8m
10/15 457,0781.3m496,418416,269250,466613,103609,318
10/11 -112,241112,241112,241112,241297,472297,472
10 112,241------
100 112,241112,241112,241112,241112,241297,472297,472
13 114,986114,986114,986114,986114,986304,747304,747
130 11,22411,22411,22411,22411,22429,74729,747
133 103,762103,762103,762103,762103,762275,000275,000
14 229,8511.1m269,191189,04223,23910,8847,099
16 -----1,23930,000
160/5 -----1,23930,000
17/49 4.3m4.4m4.7m4.8m681,7111.3m1.2m
17 17,1804.3m4.6m4.3m649,760479,489610,022
170/4 17,1804.3m4.6m4.3m649,760479,489610,022
173 -4.3m4.3m4.3m---
174 17,18069,921321,022-649,760--
178/9 --43,490----
42/48 4.3m22,11180,909545,07431,951685,683485,619
42 4.3m-55,916--130,532127,427
43 ---520,999---
439 ---520,999---
44 3,6004,8107,6926,798-205,697131,470
440/4 3,6004,8107,6926,798-205,697131,470
45 -17,30117,30117,27717,332140,059202,306
450/3 -17,30117,30117,27717,3322,4707,439
454/9 -----137,589194,867
47/48 ----14,619209,39524,416
492/3 31,28228,01827,10228,041-111,252103,610
Income statement
70/76A -450,387442,650457,7771.5m--
70 457,947450,387440,465428,3801.3m2.6m2.6m
76A -727,945--56,744-10,527
9900 -----1.8m1.8m
60/66A -111,520113,875155,3551.3m--
60/61 -----843,524842,866
60 ----250,989--
600/8 ----250,989--
61 4,6039,33210,85612,178130,585--
62 ----789,7311.3m1.4m
630 97,683101,247102,930113,781130,266137,669142,632
631/4 ------11,694
635/8 ------28,761-
640/8 9579428929,39615118,44620,902
66A ----30,68021,96652,359
9901 354,704338,867328,775302,422204,891342,096252,182
75/76B -12,83110815213121,39111,515
75 36,19212,83110815213121,39111,515
750 36,15912,759-----
751 3372108152126--
752/9 ----5--
65/66B -196,022207,41749,36063,51944,61449,221
65 189,079196,022207,41749,36063,51944,61449,221
650 188,350195,648206,44149,25716,176--
652/9 -37397610347,343--
9903 201,817883,620121,466253,214167,568296,907172,644
67/77 1.1m47,16541,31787,41152,34792,12262,162
670/3 1.1m47,16541,31787,41152,347--
9904 -875,795836,45580,149165,803115,221204,785110,482
9905 -875,795836,45580,149165,803115,221204,785110,482
Appropriation of the result
9906 229,8511.1m269,191189,042126,104211,884115,099
14P 1.1m------
691/2 ----102,866--
6921 ----102,866--
694/7 -----201,000108,000
694 -----201,000108,000
Social balance sheet
9087 ----182321
Agency workers1501 ----0.3--
Hours worked1013 ----28,67652,88358,554
Document PDFPDFPDFPDFPDFPDFPDF

The accounts for 9 older financial years (1997-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 23 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2012 (PDF), filed on 28-10-2013.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
28-12-2012 full format 28-10-2013 2013-64800563 PDF
31-12-2011 full format 11-09-2012 2012-56100502 PDF
31-12-2010 full format 11-05-2011 2011-11000539 PDF
31-12-2009 full format 08-06-2010 2010-16000127 PDF
31-12-2008 full format 10-06-2009 2009-21500379 PDF
31-12-2007 full format 27-05-2008 2008-16200130 PDF
31-12-2006 full format 28-03-2008 2008-09100129 PDF
31-12-2005 full format 24-08-2006 2006-66803915 PDF
31-12-2004 full format 23-09-2005 2005-70300248 PDF
31-12-2003 full format 16-06-2004 2004-25304013 PDF
31-12-2002 full format 30-06-2003 2003-34203656 PDF
31-12-2001 full format 17-05-2002 2002-13003415 PDF
31-12-2000 full format 21-08-2001 2001-51300409 PDF
31-12-1999 full format 07-07-2000 2000-38504952 PDF
31-12-1998 full format 15-09-1999 1999-46103331 PDF
31-12-1997 full format 13-11-1998 1998-57104297 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2012201120102009200820072006
452,387440,114431,705416,203335,157479,765394,814
-778,112937,702183,079279,584245,487342,454253,114
-885,761632,43554,4714.4m7,55222,46064,212
723-20,655-153,367---65,074-
-4.1m143,424131,832-360,34988,049263,128295,786
77.5%75.2%74.6%70.6%15.4%12.9%9.6%
9.6%23.4%9.5%7.9%26.9%32.4%33.1%
0.057.492.630.343.761.381.61
9.423.289.5211.602.722.081.97
-191.6%62.8%16.1%39.8%46.0%33.4%18.1%
-18.4%14.7%1.5%3.2%12.4%10.8%6.0%
2.402.252.098.4520.72--
94 days93 days9 days9 days-39 days51 days
285 days188 days259 days204 days-89 days57 days

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.

Auditor

fees
Item28-12-2012
Fee for the audit€2,999

Source: notes to the 2012 annual accounts (relations with the auditor)

Insights on LE PROGRES

The operating result for 2012 is 5% higher than in 2011 and the highest since 2006. It is the fourth rise in a row, after the fall in 2008.

Debt's share of the balance-sheet total rises from 76.6% to 90.4%. Equity and debt are lower.

Board & ownership

Control

Consolidating parent
COFINIMMO
Source: parent in own accounts 2011
consolidates
This company
LE PROGRES
Equity €457,078
Loss €875,795 in 2012

Capital

Capital
€112,241
Source
2012 annual accounts

Owners through the years

as the annual accounts name them
RHEASTONE 1
99.83%
99.83%
COFINIMMO
consolidates
KORIAN BELGIUM
via 100%
via 100% until 2008
CAMBLINVEST
99.83%
99.83% until 2008
SENIOR LIVING HOLDING
99.83%
99.83% until 2008
SL INVEST
0.17%
0.17% until 2008
Owners as a list

Source: parent in its own accounts, lists of holdings in the owners' accounts

Office holders in the KBO →

Network & group

Holdings

own 2010 accounts, the bar shows equity in euros
This companyLE PROGRES1 holding, 1 country 2010 accounts

Belgium 1 Equity Result

  • BE PALOKE26%no longer active €583,757 result €516,107

Source: list of holdings in its own 2010 accounts. The amounts are in that list and come from the holdings' accounts at 31-12-2009, in their own currency.

Parent

COFINIMMO
0426.184.049
no longer active

Holdings through the years

2009 to 2010
Holdings through the years
Name20092010
PALOKE 26%

Source: list of holdings in its own accounts

Connections & network

Depth

The network starts from the shareholders of LE PROGRES. Every company they also own or run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

24 events since 1996
2013
Annual accounts 2012 filed PDFfull format · 92 days late
Deed on restructuring and the end PDF
2012
Weakest financial year net -€875,795 The net result drops to -€875,795, the lowest from 2006 to 2012.
Annual accounts 2011 filed PDFfull format · 42 days late
2011
Highest result from 2006 to 2012 net €836,455 ▲944% The net result of €836,455 is the highest of those years.
Liquidity more than doubled current ratio 7.49 The current ratio rises from 2.63 to 7.49. Short-term debt falls from €80,909 to €22,111.
Equity above €1m equity €1.3m ▲168% Equity rises from €496,418 to €1.3m.
Annual accounts 2010 filed PDFfull format · 81 days before the deadline
2010
Liquidity more than 7 times current ratio 2.63 The current ratio rises from 0.34 to 2.63. Short-term debt falls from €545,074 to €80,909.
Annual accounts 2009 filed PDFfull format · 53 days before the deadline
2009
Annual accounts 2008 filed PDFfull format · 51 days before the deadline
2008
Liquidity more than doubled current ratio 3.76 The current ratio rises from 1.38 to 3.76. Short-term debt falls from €685,683 to €31,951.
Annual accounts 2007 filed PDFfull format · 65 days before the deadline
Annual accounts 2006 filed PDFfull format · 241 days late
2006
Annual accounts 2005 filed PDFfull format · 24 days late
2005
Annual accounts 2004 filed PDFfull format · 54 days late
2004
Annual accounts 2003 filed PDFfull format · 45 days before the deadline
2003
Annual accounts 2002 filed PDFfull format
2002
Annual accounts 2001 filed PDFfull format
2001
Annual accounts 2000 filed PDFfull format
2000
Annual accounts 1999 filed PDFfull format
1999
Annual accounts 1998 filed PDFfull format
1998
Annual accounts 1997 filed PDFfull format
1996
Incorporation 30 publications in the Belgian Official Gazette, the last on 05-02-2013

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

Company details

Inactive

LE PROGRES is no longer in the KBO register.

Last annual accounts
financial year to 28 December 2012
Last registered office
Boulevard De La Woluwe 58, 1200 Woluwe-Saint-Lambertas published on 5 February 2013
Legal form
Private limited company (pre-2019)
First annual accounts
financial year 1997
Official KBO record

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