Equity
€73,979 ▲ 25.6%
PEOPLE & PROGRESS paid out €20,453 in dividends. That is 58% of the 2025 profit.
PEOPLE & PROGRESS
Lifetime
12 annual accounts with figures on one time axispeak €55,291 (2024)
€53,645▼ 3.0%
lowest -€53,148 (2018)
€35,531▼ 2.7%
peak €73,979 (2025)
€73,979▲ 25.6%
€44,563▲ 80.5%
peak 0 FTE (2023)
-not published
Board2 names since 2021
1 directorPEYTIER Geoffrey Freddy José
Documentsfilings and deeds
07-07-202624 days before the deadline
2025micro format
Change of role: PEYTIER Geoffrey Freddy José, from manager to… 11-06Dividend €20,453Equity from €58,900 to €73,979Debts from €24,690 to €44,563Cash from €27,553 to €13,327
Key points
from the 2025 annual accountsChecked score
94
Excellent
Financially stronger than 60% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.4%▲ +0.2 percentage points vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025highest value
10-2025: 0.2%▼ -0.2 percentage points vs 09-2025
11-2025: < 0.1%▼ -0.2 percentage points vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026lowest value
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: 0.1%▲ +0.1 percentage points vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 of the last 3 accounts late
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: total assets €118,542
Liquidity: current ratio 2.48, cash €13,327, halved
Calculation
The band follows from the bankruptcy probability. 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 70, micro). It does better than 57% of them on solvency, 27% on liquidity, 84% on profitability and 70% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as PEOPLE & PROGRESS has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of PEOPLE & PROGRESS itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 34,693 companies, not a prediction for PEOPLE & 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 verdict
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.48 (3.05 in 2024), above the usual 1.5. Short-term debt is 37.6% and cash 11.2% of total assets. 37.6% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
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 €73,979
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 days early
2024
35 days late
2023
26 days early
2022
2 days late
2021
34 days early
2020
15 days early
2019
17 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 6 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 7 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Change of role: PEYTIER Geoffrey Freddy José, from manager to director
Resignation: PITOCCO Allessandra (manager) · Gazette deed
Legal-form change · Resignations & appointments
Gazette deed
Incorporation
published on 13-02-2014 · Gazette deed
First establishment
Laarderweg 80, Peer
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PEOPLE & PROGRESS Putte | €118,542 | €53,645 | 62.4% | - |
| ADC Wielsbeke | €127,085 | €60,443 | 75.2% | - |
| JOAL Hove | €78,591 | €66,185 | -163.1% | - |
| ELERIUS Herve | €161,604 | €60,213 | 48.0% | - |
| HOLDING CHABART Jurbise | €79,456 | €53,034 | -164.9% | - |
| HDT4BUSINESS Geraardsbergen | €176,949 | €53,320 | 66.6% | - |
| Artemis Zottegem | €157,508 | €48,712 | 85.2% | - |
These companies have the same main activity as PEOPLE & PROGRESS: activities of head offices (NACE 70100). They are comparable in size and age: total assets between €78,600 and €177,000, founded between 2011 and 2014.
Official details
Source: KBO- Status
- Active since 24-01-2014Normal situation
- Activity
- Activities of head officesNACE 70100and 1 other
- Establishment unit
- 2.226.909.0733990 Peer, since 24-01-2014
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €118,542▲ 41.8%
- Filing
- Filed on 07-07-2026, 24 days before the end of the filing period
Insights on PEOPLE & PROGRESS
PEOPLE & PROGRESS files the micro format. That format states no turnover. The gross margin rose from €29,494 in 2014 to €53,645 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 PEOPLE & PROGRESS
- What is the company number of PEOPLE & PROGRESS?
- The company number of PEOPLE & PROGRESS is 0545.727.245. The VAT number is the same number with BE in front: BE 0545.727.245.
- Where is PEOPLE & PROGRESS based?
- The registered office is at Jan De Cordesstr. 35, 2580 Putte.Company details
- What does PEOPLE & PROGRESS do?
- According to the KBO register, the main activity is activities of head offices (NACE 70100).
- What is the legal form of PEOPLE & PROGRESS?
- PEOPLE & PROGRESS is a private limited company (BV).
- When was PEOPLE & PROGRESS founded?
- PEOPLE & PROGRESS was founded on 24-01-2014.
- Is PEOPLE & PROGRESS still active?
- Yes, PEOPLE & PROGRESS is an active enterprise in the KBO register.
- What is the turnover of PEOPLE & PROGRESS?
- The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €53,645 and 126 comparable companies (NACE 70). It probably lies between €83,000 and €140,000.Financials
- Is PEOPLE & PROGRESS profitable?
- In financial year 2025, PEOPLE & PROGRESS made a profit of €35,531.
- Where can I find the annual accounts of PEOPLE & PROGRESS?
- PEOPLE & PROGRESS filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PEOPLE & PROGRESS due?
- PEOPLE & PROGRESS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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