Peak Progress
ActiveSummary
Peak Progress has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €406,152 and a net result of €65,152. Equity is growing by about 27% per year across the filed financial years. Its solvency ranks better than 90% of 2,589 sector peers (NACE 85, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €406,152
- Profit
- €65,152
Why 97lowers riskSector: Education (NACE 85)Liquidity: current ratio 8.90, cash €147,281Equity €406,152 (89.3% of total assets)Size: total assets €455,033Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 85, micro): better than 88% on solvency, 81% on liquidity, 69% on profitability and 70% on growth.
The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 7 accounts on average 11 days after the deadline; the sector median (NACE 85) for financial year 2024 is 16 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Resignation: LAMBRICHTS Roel (director)Reappointment: LAMBRICHTS Roel (director) ·…
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2025 annual accounts filed late (13 days) Filed on 13 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00398365.
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result recovers in 2025; 2025 is 13% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 85, Education: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 6,782 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 96.7% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,782 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €908 | €1,541 | €2,314 | €3,510 | €4,547 | €4,529 | ▼ 0.4% |
| Other operating charges640/8 | - | - | €606 | €697 | €699 | €803 | €1,196 | ▲ 48.9% |
| Gross operating margin9900 | €75,771 | €62,182 | €65,920 | €77,205 | €104,268 | €85,489 | €96,128 | ▲ 12.4% |
| Operating profit (loss)9901 | €74,630 | €60,723 | €63,773 | €74,194 | €100,059 | €80,139 | €90,403 | ▲ 12.8% |
| Financial income75/76B | - | - | €4 | €6 | €6,314 | €149 | €1,512 | ▲ 914% |
| Recurring financial income75 | - | €3 | €4 | €6 | €6,314 | €149 | €1,512 | ▲ 914% |
| Financial charges65/66B | - | - | €241 | €5,230 | €195 | €389 | €200 | ▼ 48.5% |
| Recurring financial charges65 | €410 | €381 | €241 | €5,230 | €195 | €389 | €200 | ▼ 48.5% |
| Profit (loss) for the period before taxes9903 | €74,220 | €60,345 | €63,536 | €68,970 | €106,178 | €79,899 | €91,714 | ▲ 14.8% |
| Income taxes67/77 | €21,276 | €17,172 | €19,088 | €20,645 | €29,448 | €23,121 | €26,562 | ▲ 14.9% |
| Profit (loss) for the period9904 | €52,945 | €43,173 | €44,448 | €48,325 | €76,731 | €56,778 | €65,152 | ▲ 14.7% |
| Profit (loss) for the period to be appropriated9905 | €52,945 | €43,173 | €44,448 | €48,325 | €76,731 | €56,778 | €65,152 | ▲ 14.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €111,349 | €168,744 | €192,699 | €262,371 | €329,853 | €389,207 | €455,033 | ▲ 16.9% |
| Fixed assets21/28 | - | €3,286 | €6,326 | €11,172 | €13,793 | €23,023 | €19,971 | ▼ 13.3% |
| Tangible fixed assets22/27 | - | €3,286 | €6,326 | €11,172 | €13,793 | €23,023 | €19,971 | ▼ 13.3% |
| Land and buildings22 | - | - | €1,680 | €5,603 | €4,969 | €17,476 | €15,739 | ▼ 9.9% |
| Furniture and vehicles24 | - | - | €4,646 | €5,569 | €8,824 | €5,548 | €4,232 | ▼ 23.7% |
| Current assets29/58 | €111,349 | €165,458 | €186,372 | €251,199 | €316,060 | €366,184 | €435,063 | ▲ 18.8% |
| Amounts receivable within one year40/41 | €15,801 | €3,678 | €1,111 | €17,286 | €60,916 | €25,773 | €23,337 | ▼ 9.5% |
| Trade receivables40 | - | - | €43 | €17,239 | €60,907 | €25,773 | €23,337 | ▼ 9.5% |
| Other amounts receivable41 | - | - | €1,068 | €46 | €9 | €0 | - | - |
| Current investments50/53 | - | - | - | €14,512 | €20,818 | €241,610 | €262,925 | ▲ 8.8% |
| Cash at bank and in hand54/58 | €94,516 | €160,148 | €183,746 | €217,569 | €232,274 | €97,468 | €147,281 | ▲ 51.1% |
| Deferred charges and accrued income490/1 | - | - | €1,516 | €1,832 | €2,051 | €1,333 | €1,520 | ▲ 14.0% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €111,349 | €168,744 | €192,699 | €262,371 | €329,853 | €389,207 | €455,033 | ▲ 16.9% |
| Equity10/15 | €71,545 | €114,718 | €159,166 | €207,491 | €284,221 | €341,000 | €406,152 | ▲ 19.1% |
| Contributions10/11 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €52,945 | €96,118 | €140,566 | €188,891 | €265,621 | €322,400 | €387,552 | ▲ 20.2% |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €0 | ▼ 100% |
| Distributable reserves133 | - | - | €138,706 | €187,031 | €263,761 | €320,540 | €387,552 | ▲ 20.9% |
| Amounts payable17/49 | €39,804 | €54,027 | €33,533 | €54,881 | €45,632 | €48,208 | €48,881 | ▲ 1.4% |
| Amounts payable within one year42/48 | €39,804 | €54,027 | €33,533 | €54,881 | €45,632 | €48,208 | €48,881 | ▲ 1.4% |
| Financial debts43 | - | - | - | €141 | €264 | €118 | €53 | ▼ 55.2% |
| Credit institutions430/8 | - | - | - | €141 | €264 | €118 | €53 | ▼ 55.2% |
| Trade debts44 | €406 | €92 | €304 | €2,491 | €7,308 | €5,434 | €1,844 | ▼ 66.1% |
| Suppliers440/4 | - | - | €304 | €2,491 | €7,308 | €5,434 | €1,844 | ▼ 66.1% |
| Taxes, remuneration and social security45 | - | - | €21,342 | €32,782 | €20,615 | €25,581 | €30,122 | ▲ 17.8% |
| Taxes450/3 | - | - | €21,342 | €32,782 | €20,615 | €25,581 | €30,122 | ▲ 17.8% |
| Other amounts payable47/48 | - | - | €11,887 | €19,468 | €17,446 | €17,074 | €16,863 | ▼ 1.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €52,945 | €43,173 | €44,448 | €48,325 | €76,731 | €56,778 | €65,152 | ▲ 14.7% |
| + Depreciation and write-downs630 | - | €908 | €1,541 | €2,314 | €3,510 | €4,547 | €4,529 | ▼ 0.4% |
| Operating cash flow (approximation) | €52,945 | €44,081 | €45,989 | €50,639 | €80,240 | €61,325 | €69,681 | ▲ 13.6% |
| Investment in fixed assets (approximation) | - | - | -€4,581 | -€7,160 | -€6,131 | -€13,777 | -€1,477 | ▲ 89.3% |
| Change in cash | - | €65,631 | €23,599 | €33,823 | €14,705 | -€134,806 | €49,812 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (7)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 13-08-2026 | 2026-00398365 |
| 31-12-2024 | micro format | 05-08-2025 | 2025-00365560 |
| 31-12-2023 | micro format | 29-08-2024 | 2024-00394601 |
| 31-12-2022 | micro format | 01-08-2023 | 2023-00305648 |
| 31-12-2021 | micro format | 23-08-2022 | 2022-20331078 |
| 31-12-2020 | micro format | 29-06-2021 | 2021-25800473 |
| 31-12-2019 | micro format | 09-09-2020 | 2020-51700541 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| LAMBRICHTS Roel |
|
Owners and capital
Capital and shareholders
- 07-11-2025 Converted to available equity · €18,600
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
07-11
Gazette deed
Resignation: LAMBRICHTS Roel (director)Reappointment: LAMBRICHTS Roel (director) · Legal form clause · Capital conversion9 facts ▸
- General meeting, 22-10-2025
- Legal form clause, “BV, bestuurders” (deed in Dutch)
- Capital conversion, “beschikbaar eigen vermogen” (deed in Dutch)
- Amendment of the articles
- Power of attorney, Kurt Geysels
- Director resignation, LAMBRICHTS Roel (director)
- Director reappointment, LAMBRICHTS Roel (director (not named in the articles))
- Other provision, “geen beroepsverbod, geen beroepsverbod werd uitgesproken of geen enkele veroordeling tot een bestuurs- of ondernemingsverbod werd uitgesproken door een buitenla…” (deed in Dutch)
- Registered office clause, “3202 Aarschot (Rillaar), Nopstal 26” (deed in Dutch)
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Legal Entity Identifier
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24092D0044/00L000 | Flanders | 178 m² | 1 · 178 m² | 7.7 m · 2 |
How the parcels are linked
Articles of association
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Enkel het Gewest waarin de zetel van de rechtspersoon is gevestigd” (deed in Dutch)
Read from the deeds: 1 provision, deed of 07-11-2025