Turnover
≈ €64,000 estimated
The micro format states no turnover.
MX PROGRESS
Overview
Lifetime
6 annual accounts with figures on one time axispeak €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 accountsChecked 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
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 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.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
last known boardDirector, last mentioned in 2020
- founderdeed of 29-04-2020
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
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
Annual accounts 2025
- €10,923▲ 77.1%
- €2,491▼ 9.7%
- €2,534▲ 59×
- €49,235▼ 10.4%
- Filing
- Filed on 28-10-2026
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.
Financials
Annual accounts 2025
micro format, filed on 28-10-2026, 89 days late€10,923
▲ 77.1%
€2,633
▼ 13.4%
€10,423
▲ 69.0%
€10,281
▲ 74.7%
5.1%
▲ 5.1 percentage points
0.89
▲ 0.00
Money flows
no detail for 2025Balance sheet
balance sheet total €49,235 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
5.1%
Higher than 31% of 3,155 companies in 2025.
0.89
Higher than 45% of 3,032 companies in 2025.
5.1%
Higher than 57% of 3,060 companies in 2025.
MX PROGRESS
Middle half of the sector
80% of the sector
Micro accounts in sports and recreation (NACE 93)
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · 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 |
49,235 | 54,933 | 41,907 | 23,540 | 18,601 | 17,717 | |
21/28 |
7,668 | 6,131 | 9,258 | 3,722 | 14,935 | 13,972 | |
22/27 |
7,668 | 6,131 | 9,258 | 3,722 | 14,935 | 13,972 | |
24 |
7,668 | 6,131 | 9,258 | 3,722 | 14,935 | 13,972 | |
29/58 |
41,567 | 48,802 | 32,649 | 19,818 | 3,666 | 3,745 | |
3 |
4,764 | 22,026 | 12,781 | 12,781 | - | - | |
30/36 |
4,764 | 22,026 | 12,781 | 12,781 | - | - | |
40/41 |
31,414 | 26,517 | 19,849 | 3,845 | 27 | 1,895 | |
40 |
31,198 | 26,517 | 18,818 | 2,054 | - | 1,279 | |
41 |
216 | - | 1,031 | 1,791 | 27 | 616 | |
54/58 |
5,388 | 259 | 20 | 3,192 | 3,639 | 1,850 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
49,235 | 54,933 | 41,907 | 23,540 | 18,601 | 17,717 | |
10/15 |
2,534 | 43 | 43 | -3,488 | 4,810 | 8,195 | |
10/11 |
2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | |
100 |
- | - | - | - | - | 2,000 | |
14 |
534 | -1,957 | -1,957 | -5,488 | 2,810 | 6,195 | |
17/49 |
46,701 | 54,890 | 41,864 | 27,028 | 13,791 | 9,522 | |
42/48 |
46,701 | 54,890 | 41,864 | 27,028 | 13,791 | 9,522 | |
44 |
2,090 | 4,966 | 17,379 | 13,524 | 1,841 | 2,572 | |
440/4 |
2,090 | 4,966 | 17,379 | 13,524 | 1,841 | 2,572 | |
45 |
- | 4,118 | - | - | 1,065 | 1,065 | |
450/3 |
- | 4,118 | - | - | 1,065 | 1,065 | |
47/48 |
44,612 | 45,806 | 24,485 | 13,504 | 10,885 | 5,885 | |
| Income statement | |||||||
70 |
- | - | 25,146 | 8,845 | 15,195 | 18,149 | |
9900 |
10,923 | 6,167 | 14,329 | 64 | 7,035 | 10,919 | |
60/61 |
- | - | 10,820 | 8,782 | 8,160 | 7,230 | |
630 |
7,791 | 3,127 | 2,119 | 8,279 | 9,931 | 3,633 | |
640/8 |
500 | - | 100 | - | - | - | |
66A |
- | - | 582 | - | 707 | - | |
9901 |
2,633 | 3,040 | 11,528 | -8,216 | -3,603 | 7,286 | |
75/76B |
- | - | - | - | 218 | - | |
75 |
- | - | - | - | 218 | - | |
65/66B |
142 | 281 | - | 83 | - | 26 | |
65 |
142 | 131 | - | 83 | - | 26 | |
66B |
- | 150 | - | - | - | - | |
9903 |
2,491 | 2,759 | 11,528 | -8,298 | -3,385 | 7,260 | |
67/77 |
- | - | 1,811 | - | - | 1,065 | |
9904 |
2,491 | 2,759 | 9,718 | -8,298 | -3,385 | 6,195 | |
9905 |
2,491 | 2,759 | 9,718 | -8,298 | -3,385 | 6,195 | |
| Appropriation of the result | |||||||
9906 |
534 | 802 | 5,260 | -5,488 | 2,810 | 6,195 | |
14P |
-1,957 | -1,957 | -4,457 | 2,810 | 6,195 | - | |
694/7 |
- | 2,759 | 7,217 | - | - | - | |
695 |
- | 2,759 | 7,217 | - | - | - | |
| Document | |||||||
The notes to these accounts have 5 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 28-10-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 89 days after the deadline. Filed on 28 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00570954.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 28-10-2026 | 2026-00570954 | |
| 31-12-2024 | micro format | 02-09-2025 | 2025-00475383 | |
| 31-12-2023 | micro format | 07-09-2024 | 2024-00458976 | |
| 31-12-2022 | micro format | 20-11-2023 | 2023-00514277 | |
| 31-12-2021 | micro format | 10-05-2023 | 2023-00086412 | |
| 31-12-2020 | micro format | 11-09-2021 | 2021-67500209 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 10,423 | 6,167 | 13,647 | 64 | 6,328 | 10,919 | ||
| 10,281 | 5,886 | 11,836 | -19 | 6,546 | 9,828 | ||
| 9,328 | 0 | 9,380 | 3,965 | 13,401 | 17,605 | ||
| 5,129 | 240 | -3,172 | -447 | 1,789 | - | ||
| -5,135 | -6,088 | -9,215 | -7,211 | -10,125 | -5,777 | ||
| - | - | 45.8% | -92.9% | -23.7% | 40.1% | ||
| 5.1% | 0.1% | 0.1% | -14.8% | 25.9% | 46.3% | ||
| 0.89 | 0.89 | 0.78 | 0.73 | 0.27 | 0.39 | ||
| 0.79 | 0.49 | 0.47 | 0.26 | 0.27 | 0.39 | ||
| 18.43 | - | - | - | 2.87 | 1.16 | ||
| 98.3% | - | - | - | -70.4% | 75.6% | ||
| 5.1% | 5.0% | 23.2% | -35.3% | -18.2% | 35.0% | ||
| 73.38 | 46.94 | - | 0.77 | - | - | ||
| - | - | 273 days | 85 days | 1 day | 26 days | ||
| - | - | 586 days | 562 days | 82 days | 130 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.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €9,328 | - | €9,380 | €3,965 | €13,401 |
| €7,791 | €3,127 | €2,119 | €8,279 | €9,931 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on MX PROGRESS
The operating result for 2025 is 13% lower than in 2024 and the lowest since 2022. It is the second fall in a row.
Debt's share of the balance-sheet total falls from 99.9% to 94.9%. Equity is higher and debt is lower.
Board & ownership
Mandates through the years
1 nameDirector (not named in the articles)
Earlierend not dated
Mandates as a list
-
- Director (not named in the articles), appointed by deed of 29-04-2020, last mentioned in 2020
Control
Founder
This company
MX PROGRESS
Equity €2,534
Profit €2,491 in 2025
Capital
- Contribution
- €2,000
- Shares
- 200
- Contribution per share
- €10
- Equity per share
- €12.67 in 2025
- Source
- 2025 annual accounts
Articles of association
deed of 29-04-2020 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of June at 18:00
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Pour quelque cause et à quelque moment que ce soit, peut désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments”
Founder
At incorporation
deed of 29-04-2020 ↗
- sole founder · 100% at incorporation
Network & group
No group
MX PROGRESS has no parent and no holdings in its annual accounts.
Earlier ties
via , at MX PROGRESS, last mentioned in 2020 · Director (not named in the articles) · deed of 26-03-2024 founded in 2017 · accounts filed late |
total assets €241,103 (2024) |
via , at MX PROGRESS, last mentioned in 2020 · Permanent representative · deed of 25-05-2020 founded in 2020 · accounts filed late |
total assets €189,959 (2024) |
via , at MX PROGRESS, last mentioned in 2020 · Director (not named in the articles) · deed of 26-03-2024 founded in 2010 |
total assets €362,033 (2025) |
Connections & network
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
11 events since 2020Filings
Financial
Establishments
2020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 89 days late
2025
Annual accounts 2024 filed PDFmicro format · 33 days late
2024
Annual accounts 2023 filed PDFmicro format · 38 days late
2023
Back to profit net €9,718 The net result is €9,718, after 2 loss-making years.
Annual accounts 2022 filed PDFmicro format · 112 days late
Annual accounts 2021 filed PDFmicro format · 283 days late
2022
Weakest financial year net -€8,298 The net result drops to -€8,298, the lowest from 2020 to 2025. It recovers the following year.
2021
Annual accounts 2020 filed PDFmicro format · 42 days late
2020
Registered in the Peppol Directory Reachable for e-invoices through 0208:0746521797
IncorporationFounder: · 200 shares · Appointment: (director) · published on 29-04-20205 points ▸
- Founder,
- 200 shares
- Registered office clause, Dessus Ruelle Mathot 12 A, 5542 Hastière (Blaimont)
- Board rule, 1
- Director appointment, (director (not named in the articles))
- The deed holds 1 more point.
First establishment Dessus-Ruelle-Mathot, Blaimont 12, Hastière
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0746.521.797
- VAT number
- BE 0746.521.797
- Peppol ID
- 0208:0746521797
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 27-04-2020
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of June at 18:00deed of 29-04-2020 (in French)
- Peppol
- Reachable since 20-11-2020Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- MX PROGRESS in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 29-04-2020 (in French)
Activities
NACEBEL 202593199
Other sports activities main activity
Codes under NACEBEL 2008
93199
Other sports activities main activity
45402
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “1° commerce de détail de véhicules automobiles neufs ou usagés; 2° commerce de gros de véhicules automobiles neufs ou usagés; 3° commerce de…”deed of 29-04-2020 (in French)
13 activities
- 1° commerce de détail de véhicules automobiles neufs ou usagés
- 2° commerce de gros de véhicules automobiles neufs ou usagés
- 3° commerce de détail de motocycles neufs ou usagés
- 4° commerce de gros de motocycles neufs ou usagés
- 5° l’intermédiaire commercial pour les catégories susmentionnées
- 6° l’entretien courant des véhicules automobiles : lavage,traitement anti-rouille,vidange,réparation,pose ou remplacement de pneumatiques et de chambre à air,réparation de pare-brise et de vitres
- 7° le remorquage et le dépannage routier
- 8° commerce de gros et de détail de pièces détachées et accessoires pour véhicules automobiles et motocycles
- 9° la promotion,la participation,le développement,le soutien sous toutes leurs formes aux activités de sport automobile (et plus particulièrement de la pratique de la moto au sens large) en Belgique et à l’étranger
- 10° la promotion de la pratique de la moto,de former les pratiquants à l’usage sportifs de la moto sur piste. La société peut effectuer les activités de préparation,organisation,gestion et de suivi d’évènements sportif,de loisirs,de formation ou d’apprentissage liées à la pratique de la moto.
- 11° conclure tout contrat de service,contrat de partenariat ou contrat de toute nature avec des tiers,tel que nécessaire ou utile à l’accomplissement de son objet,fournir un soutien logistique et/ou opérationnel à des projets et/ou évènements
- 12° toutes prestations de services dans le domaine de la publicité,du marchandising,des forces de ventes et des animations en points de vente
- 13° toutes activités dans le domaine de la publicité,et du marketing au sens large de ces termes et toutes autres études,créations et réalisations dans le domaine de la communication en général.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Dessus-Ruelle-Mathot, Blaimont 12 registered office 5542 Hastière 7311001 Advertising agencies | 27-04-2020 | 2.301.995.882 |
Contact
Phone
+32 00 00 00 00
E-mail
info@cqconstruction.be establishment in Hastière
Phone
+32 471 51 73 47 establishment in Hastière