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NEW PROGRES

Inactive KBO/BCE: BE 0480.269.962
NEW PROGRES
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Overview

Lifetime

3 annual accounts with figures on one time axis, 12 filings since 2004
peak €32,953 (2006)
€4,943 
lowest -€20,463 (2007)
-€64 
peak €8,233 (2006)
-€119,069 
€401,049 
peak 0.6 FTE (2015)
0.6 FTE 
Documentsfilings and deeds
31-08-201631 days late
2015financial year
Loss of €64No figures for the year before

Key points

from the 2015 annual accounts, the last ones filed

Losses

-€20,527 in two years
-20,4632007-642015

The 2007 and 2015 financial years closed with a loss. 2007 was the heaviest.

Debts

€401,049 142% of the balance sheet
After one year 30%Within one year 70%

Of this, €282,080 falls due within a year.

Filings

12 annual accounts since 2004
AprilJune31 JulyOctober200520102015

Nine of the last ten came late. The 2006 accounts came latest: 90 days after the end of the period.

No score

Recent changes

Bankruptcy closure (insufficient assets) French-language Enterprise Court of Brussels · judgment of 14-05-2024 · Bankruptcy
Bankruptcy published French-language Enterprise Court of Brussels · judgment of 21-03-2022 · Bankruptcy
Incorporation 14 publications in the Belgian Official Gazette, the last on 03-04-2020 · Gazette deed
All 16 events

Official details

Source: KBO
Status
Inactivedeed of incorporation of 30-05-2003 · bankruptcy closed on 14-05-2024
Activity
No activity registered in the KBO
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2015

€4,943
≈ €33,000estimated
€64
-€119,069
€281,980
0.6 FTE
Filing
Filed on 31-08-2016
Financials

Insights on NEW PROGRES

Equity fell from €8,233 in 2006 to -€119,069 in 2015, while debts rose from €61,722 to €401,049.

On 21 March 2022 the court declared NEW PROGRES bankrupt.

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

Financials

Annual accounts 2015

full format, filed on 31-08-2016, 31 days late
€4,943
-€45,348
-€64
-€264,133
-42.2%
0.06

The turnover shown is an estimate from the gross margin.

Turnover ≈ €33,000. Estimated: probably between €14,000 and €84,000.

Balance sheet

balance sheet total €281,980 on 31-12-2015
What the company ownsHow it is paid for

Staff

€30,266

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

+2 people

people who joined people who left

In 2015, 4 people joined and 2 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend201520072006
Balance sheet: assets
20/58 281,98051,48969,955
21/28 264,03351,11865,478
22/27 263,50550,59064,950
22 223,452--
23 31,9471,81040,178
24 8,10718,68024,772
26 -30,100-
28 528528528
29/58 17,9473714,477
40/41 17,947-1,051
40 5,646--
41 12,301-1,051
54/58 -3713,426
Balance sheet: equity and liabilities
10/49 281,98051,48969,955
10/15 -119,069-12,2308,233
10/11 6,2506,2506,250
100 18,60018,60018,600
101 12,35012,35012,350
13 1,8651,8651,865
130 1,8651,8651,865
14 -127,184-20,345118
17/49 401,04963,71961,722
17 118,95645,09155,625
170/4 -15,09125,625
175 -30,00030,000
178/9 118,956--
42/48 282,08018,6286,097
43 603-55
430/8 603-55
44 9,2576982,081
440/4 9,2576982,081
45 13,8933,8043,961
450/3 5613,8043,961
454/9 13,332--
47/48 258,32714,126-
492/3 13--
Income statement
9900 4,9438,83032,953
62 18,15911,41612,790
630 31,15314,78712,668
640/8 9781,1414,175
9901 -45,348-18,5143,320
75/76B 45,552--
75 45,552--
65/66B 2681,94951
65 2681,94951
9903 -64-20,4633,269
67/77 --2,350
9904 -64-20,463919
9905 -64-20,463919
Appropriation of the result
9906 -127,184-20,3451,930
691/2 --1,812
6920 --1,812
Social balance sheet
9087 0.60.40.4
Hours worked1013 677722723
Document PDFPDFPDF

The accounts for 2 older financial years (2004-2005) were filed as documents without figures as data, scans for example.

Source: Annual accounts 2015 (PDF), filed on 31-08-2016.

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Filings

each dot is a set of accounts, on the day it reached the National Bank

2015 annual accounts filed 31 days after the deadline. Filed on 31 August 2016, deadline 31 July 2016 (7 months after the close on 31 December 2015, Companies Code art. 3:10). Source: NBB, 2016-56700237.

Financial year Type Filed Reference Document
31-12-2015 full format 31-08-2016 2016-56700237 PDF
31-12-2014 full format 26-08-2015 2015-41500046 PDF
31-12-2013 full format 27-08-2014 2014-50500016 PDF
31-12-2012 full format 02-08-2013 2013-40000009 PDF
31-12-2011 full format 24-08-2012 2012-43300043 PDF
31-12-2010 full format 31-08-2011 2011-42600187 PDF
31-12-2009 full format 31-08-2010 2010-40600349 PDF
31-12-2008 full format 31-08-2009 2009-67800265 PDF
31-12-2007 full format 30-06-2008 2008-35700293 PDF
31-12-2006 full format 29-10-2007 2007-79000011 PDF
31-12-2005 full format 30-03-2007 2007-10704596 PDF
31-12-2004 full format 30-03-2007 2007-10704583 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend201520072006
-14,195-3,72715,988
31,089-5,67613,587
294,65942730,644
--3,055-
-264,133-18,257-1,620
-42.2%-23.8%11.8%
0.060.020.73
--7.50
--11.2%
0.0%-39.7%1.3%

EBIT margin: not included in this filing.

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

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.

Insights on NEW PROGRES

The operating result for 2015 is a loss of €45,348, against a loss of €18,514 in 2007. Comparable figures for the intervening years are unavailable.

Equity is negative. Debt (€401,049) exceeds the balance-sheet total (€281,980).

Board & ownership

Curator

1 mandate
Vincent Terlinden
Curator, Avenue Louise 349/16, 1050 Bruxelles 5
from 21-03-2022 to 14-05-2024
Also on 203 other cases

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Capital
€6,250
Source
2015 annual accounts

Office holders in the KBO →

Timeline

Timeline

16 events since 2003
2024
Bankruptcy closure (insufficient assets) French-language Enterprise Court of Brussels · judgment of 14-05-2024
2022
Bankruptcy published French-language Enterprise Court of Brussels · judgment of 21-03-2022
2016
Annual accounts 2015 filed PDFfull format · 31 days late
2015
Annual accounts 2014 filed PDFfull format · 26 days late
2014
Annual accounts 2013 filed PDFfull format · 27 days late
2013
Annual accounts 2012 filed PDFfull format · 2 days late
2012
Annual accounts 2011 filed PDFfull format · 24 days late
2011
Annual accounts 2010 filed PDFfull format · 31 days late
2010
Annual accounts 2009 filed PDFfull format · 31 days late
2009
Annual accounts 2008 filed PDFfull format · 31 days late
2008
Annual accounts 2007 filed PDFfull format · 31 days before the deadline
2007
Weakest financial year net -€20,463 The net result drops to -€20,463, the lowest from 2006 to 2015.
Annual accounts 2006 filed PDFfull format · 90 days late
Annual accounts 2004 filed PDFfull format
Annual accounts 2005 filed PDFfull format
2003
Incorporation PDF14 publications in the Belgian Official Gazette, the last on 03-04-2020

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

NEW PROGRES has filed 12 sets of annual accounts, the latest for financial year 2015.1 The company was declared bankrupt on 21 March 2022. The bankruptcy was closed on 14 May 2024.23

  1. 1National Bank, annual accounts 2015
  2. 2Belgian Official Gazette, 28-03-2022
  3. 3Belgian Official Gazette, 21-05-2024

Company details

Inactive

NEW PROGRES is no longer in the KBO register.

Last annual accounts
financial year to 31 December 2015
Last registered office
Rue Du Progres 21, 1210 Saint-Josse-Ten-Noodeas published on 3 April 2020
Legal form
Private limited company
First annual accounts
financial year 2004
Official KBO record

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