PEOPLE & PROGRESS
ActiveSummary
PEOPLE & PROGRESS has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €74k and a net result of €36k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 56% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency87▼-8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 2.48 against 3.05 in 2024; short-term debt: 37.6% and cash: 11.2% of total assets), and 37.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
62.4%
Return on assets
30%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €74k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
35 d late
2023
26 d early
2022
2 d late
2021
34 d early
2020
15 d early
2019
17 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€74k▲ 25.6%
2024 · €59k
2018: €9k
2019: €-8k▼ -189% vs 2018
2020: €-2k▲ +69.9% vs 2019
2021: €-22k▼ -782% vs 2020lowest in 8 years
2022: €-4k▲ +81.3% vs 2021
2023: €22k▲ +643% vs 2022
2024: €59k▲ +163% vs 2023
2025: €74k▲ +25.6% vs 2024highest in 8 years
2018 → 2025
Total assets
€119k▲ 41.8%
2024 · €84k
2018: €28k
2019: €21k▼ -25.7% vs 2018
2020: €22k▲ +7.7% vs 2019
2021: €13k▼ -42.4% vs 2020lowest in 8 years
2022: €26k▲ +105% vs 2021
2023: €36k▲ +38.1% vs 2022
2024: €84k▲ +130% vs 2023
2025: €119k▲ +41.8% vs 2024highest in 8 years
2018 → 2025
Net result
€36k▼ 2.7%
2024 · €37k
2018: €-53klowest in 8 years
2019: €-18k▲ +66.9% vs 2018
2020: €6k▲ +133% vs 2019
2021: €-20k▼ -437% vs 2020
2022: €18k▲ +192% vs 2021
2023: €27k▲ +48.1% vs 2022
2024: €37k▲ +37.7% vs 2023highest in 8 years
2025: €36k▼ -2.7% vs 2024
2018 → 2025
Working capital
€66k▲ 29.7%
2024 · €51k
2018: €-5k
2019: €-14k▼ -188% vs 2018
2020: €-11k▲ +20.6% vs 2019
2021: €-30k▼ -167% vs 2020lowest in 8 years
2022: €-9k▲ +68.5% vs 2021
2023: €11k▲ +221% vs 2022
2024: €51k▲ +351% vs 2023
2025: €66k▲ +29.7% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-22k-€-4k▲ 81.3%€22k€59k▲ 163%€74k▲ 25.6%
2021: €-22klowest in 5 years
2022: €-4k▲ +81.3% vs 2021
2023: €22k▲ +643% vs 2022
2024: €59k▲ +163% vs 2023
2025: €74k▲ +25.6% vs 2024highest in 5 years
Operating result€-18k-€20k€32k▲ 62.2%€52k▲ 62.9%€53k▲ 1.7%
2021: €-18klowest in 5 years
2022: €20k▲ +207% vs 2021
2023: €32k▲ +62.2% vs 2022
2024: €52k▲ +62.9% vs 2023
2025: €53k▲ +1.7% vs 2024highest in 5 years
Net result€-20k-€18k€27k▲ 48.1%€37k▲ 37.7%€36k▼ 2.7%
2021: €-20klowest in 5 years
2022: €18k▲ +192% vs 2021
2023: €27k▲ +48.1% vs 2022
2024: €37k▲ +37.7% vs 2023highest in 5 years
2025: €36k▼ -2.7% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 2% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €119k
Fixed assets
€8k =
Current assets
€110k ▲ 46.4%
Equity and liabilities €119k
Equity
€74k ▲ 25.6%
Debt
€45k ▲ 80.5%
Debt's share of the balance-sheet total rises from 29.5% to 37.6%. Equity and debt are higher.
Key figures and ratios
Current ratio
2.48▼
2024 · 3.05
Debt to equity
0.60▲
2024 · 0.42
ROE
48.0%▼
2024 · 62.0%
ROA
30.0%▼
2024 · 43.7%
Debt ≤ 1 year
€45k▲
2024 · €25k
Income taxes
€16k▲
2024 · €12k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€84k€119k▲
Fixed assets21/28€8k€8k=
Tangible fixed assets22/27€0-
Land and buildings22€0-
Furniture and vehicles24€0-
Financial fixed assets28€8k€8k=
Current assets29/58€75k€110k▲
Amounts receivable within one year40/41€40k€56k▲
Trade receivables40€30k€25k▼
Other amounts receivable41€10k€32k▲
Current investments50/53€8k€41k▲
Cash at bank and in hand54/58€28k€13k▼
Equity and liabilities
Total equity and liabilities10/49€84k€119k▲
Equity10/15€59k€74k▲
Contributions10/11€6k€6k=
Reserves13€56k€68k▲
Distributable reserves133€56k€68k▲
Profit (loss) carried forward14€-4k€0▲
Amounts payable17/49€25k€45k▲
Amounts payable within one year42/48€25k€45k▲
Trade debts44€6k€7k▲
Suppliers440/4€6k€7k▲
Taxes, remuneration and social security45€17k€17k▲
Taxes450/3€17k€17k▲
Other amounts payable47/48€1k€20k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-
Other operating charges640/8€3k€917▼
Gross operating margin9900€55k€54k▼
Operating profit (loss)9901€52k€53k▲
Financial income75/76B€26€1k▲
Recurring financial income75€26€1k▲
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€49k€51k▲
Income taxes67/77€12k€16k▲
Profit (loss) for the period9904€37k€36k▼
Profit (loss) for the period to be appropriated9905€37k€36k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€32k▲
Profit (loss) brought forward from the previous period14P€-40k€-4k▲
Transfer from equity791/2€0€20k▲
Transfer to equity691/2€0€32k▲
To other reserves6921€0€32k▲
Profit to be distributed694/7-€20k
Return on contributions (dividend)694-€20k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €9k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €742 | €1k | €0 | - | - |
| Other operating charges640/8 | €449 | €450 | €742 | €3k | €917 | ▼ 73.4% |
| Gross operating margin9900 | €-17k | €21k | €34k | €55k | €54k | ▼ 3.0% |
| Operating profit (loss)9901 | €-18k | €20k | €32k | €52k | €53k | ▲ 1.7% |
| Financial income75/76B | - | - | - | €26 | €1k | ▲ 5,374% |
| Recurring financial income75 | - | - | - | €26 | €1k | ▲ 5,374% |
| Financial charges65/66B | €708 | €1k | €3k | €3k | €3k | ▼ 1.0% |
| Recurring financial charges65 | €708 | €1k | €3k | €3k | €3k | ▼ 1.0% |
| Profit (loss) for the period before taxes9903 | €-19k | €18k | €28k | €49k | €51k | ▲ 4.7% |
| Income taxes67/77 | €449 | €384 | €2k | €12k | €16k | ▲ 26.3% |
| Profit (loss) for the period9904 | €-20k | €18k | €27k | €37k | €36k | ▼ 2.7% |
| Profit (loss) for the period to be appropriated9905 | €-20k | €18k | €27k | €37k | €36k | ▼ 2.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €13k | €26k | €36k | €84k | €119k | ▲ 41.8% |
| Fixed assets21/28 | €10k | €12k | €11k | €8k | €8k | = |
| Tangible fixed assets22/27 | €2k | €4k | €3k | €0 | - | - |
| Land and buildings22 | - | €2k | €2k | €0 | - | - |
| Furniture and vehicles24 | €2k | €2k | €1k | €0 | - | - |
| Financial fixed assets28 | €8k | €8k | €8k | €8k | €8k | = |
| Current assets29/58 | €3k | €14k | €25k | €75k | €110k | ▲ 46.4% |
| Amounts receivable within one year40/41 | €335 | €19 | €18k | €40k | €56k | ▲ 42.2% |
| Trade receivables40 | - | - | €18k | €30k | €25k | ▼ 16.8% |
| Other amounts receivable41 | €335 | €19 | €0 | €10k | €32k | ▲ 217% |
| Current investments50/53 | - | - | - | €8k | €41k | ▲ 391% |
| Cash at bank and in hand54/58 | €2k | €14k | €7k | €28k | €13k | ▼ 51.6% |
| Deferred charges and accrued income490/1 | €393 | €214 | €0 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €13k | €26k | €36k | €84k | €119k | ▲ 41.8% |
| Equity10/15 | €-22k | €-4k | €22k | €59k | €74k | ▲ 25.6% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €56k | €56k | €56k | €56k | €68k | ▲ 20.5% |
| Non-distributable reserves130/1 | €2k | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €0 | - | - | - |
| Distributable reserves133 | €54k | €54k | €56k | €56k | €68k | ▲ 20.5% |
| Profit (loss) carried forward14 | €-85k | €-67k | €-40k | €-4k | €0 | ▲ 100% |
| Amounts payable17/49 | €35k | €30k | €14k | €25k | €45k | ▲ 80.5% |
| Amounts payable within one year42/48 | €32k | €23k | €14k | €25k | €45k | ▲ 80.5% |
| Trade debts44 | €5k | €4k | €5k | €6k | €7k | ▲ 12.4% |
| Suppliers440/4 | €5k | €4k | €5k | €6k | €7k | ▲ 12.4% |
| Advances received on contracts in progress46 | €12k | - | - | - | - | - |
| Taxes, remuneration and social security45 | €8k | €11k | €9k | €17k | €17k | ▲ 0.8% |
| Taxes450/3 | €8k | €11k | €9k | €17k | €17k | ▲ 0.8% |
| Other amounts payable47/48 | €8k | €8k | €290 | €1k | €20k | ▲ 1,274% |
| Accrued charges and deferred income492/3 | €2k | €7k | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-20k | €18k | €27k | €37k | €36k | ▼ 2.7% |
| + Depreciation and write-downs630 | €1k | €742 | €1k | €0 | - | - |
| Operating cash flow (approximation) | €-18k | €19k | €28k | €37k | €36k | ▼ 2.7% |
| Investment in fixed assets (approximation) | - | €-3k | €0 | €3k | €0 | ▼ 100% |
| Change in cash | - | €11k | €-6k | €20k | €-14k | ▼ 170% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
04-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 35 days late
2024
31-12
Financial
Highest result since 2018net €37k ▲37.7%
Net result €37k, the highest in the series.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Liquidity triplescurrent ratio 1.81
Current ratio from 0.60 to 1.81; short-term debt falls from €23k to €14k.
02-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 2 days late
2022
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
17-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 17 days late
2019
08-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 8 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 27 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Putte · 1 establishment unit since 2014
Ground area
2,050 m²
Building footprint
420 m²
Volume, LiDAR
363 m³
Parcel 12001C0198/00W002, Flanders · tallest building 12.4 m. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
People & Progress
since 20142.226.909.073
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12001C0198/00W002 | Flanders | 2,050 m² | 1 · 420 m² | 12.4 m |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Immersive Project
BE 1008.155.345
Braine-le-Comte · Eq €73,730
PULSE SOLUTIONS
BE 0786.425.025
Gent · Eq €74,263
ADP Projects
BE 0805.259.356
Merelbeke-Melle · Eq €73,518
CATELI
BE 0890.277.579
Libramont-Chevigny · Eq €74,557
FEKODRI
BE 0821.443.609
Tessenderlo-Ham · Eq €74,748
Of 5,699 companies in sector 70100 we hold annual accounts for 3,495. 2,189 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-01-2014
Fiscal year end31-12
Activities, NACEBEL 2025
70100Activities of head offices
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.