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MX PROGRESS

Active Private limited companyfounded 2020active for 6 yearsDessus-Ruelle-Mathot, Blaimont 12, 5542 HastièreKBO/BCE: BE 0746.521.797

Lifetime

6 annual accounts with figures on one time axis
peak €14,329 (2023)
€10,923▲ 77.1%
lowest -€8,298 (2022)
€2,491▼ 9.7%
peak €8,195 (2020)
€2,534▲ 59×
€46,701▼ 14.9%
Board1 name since 2020
- 
Documentsfilings and deeds
28-10-202689 days late
2025micro format
Gross margin from €6,167 to €10,923Equity from €43 to €2,534Cash from €259 to €5,388

Key points

from the 2025 annual accounts

Turnover

≈ €64,000 estimated

The micro format states no turnover.

Debts

€46,701 95% of the balance sheet

Filings

6 annual accounts 89 days
AprilJune31 JulyOctober202020222024

Latest accounts filed late: after the legal deadline.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,153 companies had the same profile as MX PROGRESS has now. Each dot stands for 6 companies, two years later.

96.0%
were still trading
2.2%
stopped another way
1.7%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2,153 companies, not a prediction for MX 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.

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Signals

Board and ownership

last known board
Director, last mentioned in 2020
  • founderdeed of 29-04-2020
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0746521797
Incorporation Founder: · 200 shares · Appointment: (director) · published on 29-04-2020 · Gazette deed
First establishment Dessus-Ruelle-Mathot, Blaimont 12, Hastière
All 11 events

Comparable companies

same main activity, similar in size and age
Company
MX PROGRESS Hastière €49,235 €10,923 5.1% -
RTNC Knokke-Heist €38,256 €11,814 65.1% -
FUN4ROAD Genappe €39,065 €15,540 -96.6% -
Bal en Aqua Fun Roeselare €36,774 €13,003 34.9% -
NR83 Remicourt €55,426 €14,768 -149.8% -
CAUWELIER TECHNICS Poperinge €58,458 €16,834 56.6% -
DE WORFTHOEVE Geel €63,292 €14,662 -3.2% -

These companies have the same main activity as MX PROGRESS: other sports activities (NACE 93199). They are comparable in size and age: total assets between €36,800 and €63,300, founded between 2018 and 2021.

Official details

Source: KBO
Status
Active since 27-04-2020Normal situation
Activity
Other sports activitiesNACE 93199and 1 other
Establishment unit
2.301.995.8825542 Hastière, since 27-04-2020
Financial year end
31 December
Peppol
Reachable since 20-11-2020
Company details

Annual accounts 2025

€49,235▼ 10.4%
Filing
Filed on 28-10-2026
Financials

Insights on MX PROGRESS

MX PROGRESS files the micro format. That format states no turnover. The gross margin rose from €10,919 in 2020 to €10,923 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 MX PROGRESS

What is the company number of MX PROGRESS?
The company number of MX PROGRESS is 0746.521.797. The VAT number is the same number with BE in front: BE 0746.521.797.
Where is MX PROGRESS based?
The registered office is at Dessus-Ruelle-Mathot, Blaimont 12, 5542 Hastière.Company details
What does MX PROGRESS do?
According to the KBO register, the main activity is other sports activities (NACE 93199).
What is the legal form of MX PROGRESS?
MX PROGRESS is a private limited company (BV).
When was MX PROGRESS founded?
MX PROGRESS was founded on 27-04-2020.
Is MX PROGRESS still active?
Yes, MX PROGRESS is an active enterprise in the KBO register.
What is the turnover of MX PROGRESS?
The turnover in financial year 2025 is ≈ €64,000. This figure is estimated from the gross margin of €10,923 and 45 comparable companies (NACE 931). It probably lies between €28,000 and €150,000. It is a rough estimate. In financial year 2023 turnover was €25,146.Financials
Is MX PROGRESS profitable?
In financial year 2025, MX PROGRESS made a profit of €2,491.
Where can I find the annual accounts of MX PROGRESS?
MX PROGRESS filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MX PROGRESS due?
MX PROGRESS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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