Equity
€214,054 ▲ 2.9%
PGProGress paid out €100,000 in dividends. That is 94% of the 2025 profit.
PGProGress
Overview
Lifetime
7 annual accounts with figures on one time axispeak €182,074 (2022)
€143,228▲ 23.7%
peak €132,715 (2022)
€106,066▲ 25.2%
peak €214,054 (2025)
€214,054▲ 2.9%
€257,744▼ 23.4%
Board1 name since 2018
1 director
Documentsfilings and deeds
15-01-202616 days before the deadline
2025micro format
Gross margin from €115,774 to €143,228Result from €84,741 to €106,066Dividend €100,000Debts from €336,336 to €257,744Cash from €359,212 to €157,810
Key points
from the 2025 annual accountsFilings
7 annual accounts 1 late
The 2019 accounts came 10 days late. The other six were filed on time.
Position in the sector
€106,066
Higher net result than 86% of companies in head offices and management consultancy. Sector median €26,448 · 41,229 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,780 companies had the same profile as PGProGress has now. Each dot stands for 17 companies, two years later.
96.7%
were still trading
2.7%
stopped another way
0.6%
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 6,780 companies, not a prediction for PGProGress. 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 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
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0697790977
Reappointment: (director)
“La consultance et le management opérationnels,techniques et administratifs; Le conseil et l’exécution de…” (deed in French) · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 21-12-2023 · Gazette deed
Incorporation
Founding capital of €18,600, 100 shares, €12,400 paid up · Founder: (comparant constituant) · Appointment: (manager) · published on 13-06-2018 · Gazette deed
First establishment
Rue Bavière 6, Villers-le-Bouillet
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PGProGress Villers-le-Bouillet | €471,797 | €143,228 | 45.4% | - |
| SERA MANAGEMENT Soumagne | €521,502 | €131,239 | 68.8% | - |
| D.F.S.C Juprelle | €420,412 | €138,469 | 2.8% | - |
| KRIGARE Herve | €527,667 | €144,697 | 44.3% | - |
| PIERRE BODEN Oreye | €490,056 | €126,395 | 36.2% | - |
| M2ESTATE Remicourt | €442,800 | €122,646 | 4.6% | - |
| Société Médicale Docteur Eric PETROSSIANS Seraing | €544,751 | €144,005 | 37.6% | - |
These companies have the same main activity as PGProGress: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €420,000 and €545,000, founded between 2017 and 2019.
Official details
Source: KBO- Status
- Active since 11-06-2018Normal situation
- Activity
- Business and other management consultancyNACE 70200and 1 other
- Establishment unit
- 2.276.719.8604530 Villers-le-Bouillet, since 11-06-2018
- Financial year end
- 30 June
- Peppol
- Reachable since 14-10-2025
Annual accounts to 30-06-2025
- €143,228▲ 23.7%
- ≈ €240,000estimated
- €106,066▲ 25.2%
- €214,054▲ 2.9%
- €471,797▼ 13.3%
- Filing
- Filed on 15-01-2026, 16 days before the end of the filing period
Insights on PGProGress
PGProGress files the micro format. That format states no turnover. The gross margin rose from €78,670 in 2019 to €143,228 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 15-01-2026, 16 days before the deadline€143,228
▲ 23.7%
€140,976
▲ 24.1%
€106,066
▲ 25.2%
€91,672
▲ 4.0%
45.4%
▲ 7.2 percentage points
1.36
▲ 0.09
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €240,000. Estimated: probably between €200,000 and €290,000.
Balance sheet
balance sheet total €471,797 on 30-06-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
45.4%
Higher than 41% of 41,211 companies in 2025.
1.36
Higher than 36% of 39,782 companies in 2025.
22.5%
Higher than 63% of 40,303 companies in 2025.
PGProGress
Middle half of the sector
80% of the sector
Micro accounts in head offices and management consultancy (NACE 70)
Net result: top quarter · Equity: middle half · Balance sheet total: top 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 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||
20/58 |
471,797 | 544,323 | 438,640 | 385,210 | 266,382 | 205,656 | 118,652 | |
21/28 |
127,806 | 128,577 | 129,347 | 134,820 | 9,741 | 15,099 | 19,362 | |
22/27 |
2,806 | 3,577 | 4,347 | 9,820 | 9,741 | 15,099 | 19,362 | |
24 |
1,785 | 2,043 | 2,302 | 7,263 | 9,741 | 15,099 | 19,362 | |
26 |
1,021 | 1,533 | 2,045 | 2,557 | - | - | - | |
28 |
125,000 | 125,000 | 125,000 | 125,000 | - | - | - | |
29/58 |
343,991 | 415,747 | 309,293 | 250,391 | 256,641 | 190,557 | 99,290 | |
40/41 |
36,026 | 56,535 | 24,357 | 24,684 | 12,900 | 936 | 2,883 | |
40 |
36,025 | 56,534 | 24,356 | 23,700 | 12,899 | 935 | 2,882 | |
41 |
1 | 1 | 1 | 984 | 1 | 1 | 1 | |
50/53 |
150,000 | - | - | - | - | - | - | |
54/58 |
157,810 | 359,212 | 284,233 | 225,499 | 243,241 | 188,915 | 96,407 | |
490/1 |
155 | - | 703 | 207 | 500 | 706 | - | |
| Balance sheet: equity and liabilities | ||||||||
10/49 |
471,797 | 544,323 | 438,640 | 385,210 | 266,382 | 205,656 | 118,652 | |
10/15 |
214,054 | 207,987 | 203,246 | 199,514 | 196,799 | 138,459 | 69,338 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 12,400 | 12,400 | |
100 |
- | - | - | - | - | 18,600 | 18,600 | |
101 |
- | - | - | - | - | 6,200 | 6,200 | |
13 |
195,454 | 189,387 | 184,646 | 180,914 | 178,199 | 126,059 | 56,938 | |
130/1 |
- | 1,860 | 1,860 | 1,860 | 1,860 | - | - | |
130 |
- | - | - | - | - | 1,860 | 1,860 | |
1311 |
- | 1,860 | 1,860 | 1,860 | 1,860 | - | - | |
133 |
195,454 | 187,527 | 182,786 | 179,054 | 176,339 | 124,199 | 55,078 | |
17/49 |
257,744 | 336,336 | 235,393 | 185,696 | 69,583 | 67,197 | 49,315 | |
42/48 |
252,319 | 327,595 | 231,445 | 184,814 | 68,671 | 67,197 | 49,315 | |
44 |
4,211 | 1,030 | 875 | 7,862 | 8,744 | 3,633 | 3,413 | |
440/4 |
4,211 | 1,030 | 875 | 7,862 | 8,744 | 3,633 | 3,413 | |
45 |
12,483 | 43,989 | 17,629 | 26,608 | 38,447 | 39,415 | 37,777 | |
450/3 |
12,483 | 31,845 | 12,687 | 15,921 | 29,536 | 27,390 | 31,447 | |
454/9 |
- | 12,144 | 4,941 | 10,688 | 8,911 | 12,025 | 6,331 | |
47/48 |
235,625 | 282,576 | 212,942 | 150,343 | 21,479 | 24,149 | 8,124 | |
492/3 |
5,425 | 8,741 | 3,949 | 883 | 913 | - | - | |
| Income statement | ||||||||
9900 |
143,228 | 115,774 | 126,167 | 182,074 | 73,357 | 93,232 | 78,670 | |
630 |
770 | 770 | 5,473 | 5,063 | 5,358 | 5,268 | 4,983 | |
640/8 |
1,482 | 1,435 | 1,243 | 1,279 | 467 | 437 | 1,210 | |
66A |
- | - | 1,842 | - | - | - | - | |
9901 |
140,976 | 113,569 | 117,610 | 175,732 | 67,532 | 87,527 | 72,477 | |
75/76B |
2,315 | 2,924 | 242 | 113 | 10 | 5 | 4 | |
75 |
2,315 | 2,924 | 242 | 113 | 10 | 5 | 4 | |
65/66B |
6,170 | 7,679 | 4,117 | 2,113 | 1,051 | 145 | 56 | |
65 |
6,170 | 7,679 | 4,117 | 2,113 | 1,051 | 145 | 56 | |
9903 |
137,120 | 108,814 | 113,736 | 173,732 | 66,490 | 87,386 | 72,426 | |
67/77 |
31,054 | 24,073 | 30,004 | 41,017 | 14,351 | 18,265 | 15,488 | |
9904 |
106,066 | 84,741 | 83,732 | 132,715 | 52,139 | 69,122 | 56,938 | |
9905 |
106,066 | 84,741 | 83,732 | 132,715 | 52,139 | 69,122 | 56,938 | |
| Appropriation of the result | ||||||||
9906 |
106,066 | 84,741 | 83,732 | 132,715 | 52,139 | 69,122 | 56,938 | |
691/2 |
6,066 | 4,741 | 3,732 | 2,715 | 52,139 | 69,122 | 56,938 | |
6920 |
- | - | - | - | - | - | 1,860 | |
6921 |
6,066 | 4,741 | 3,732 | 2,715 | 52,139 | 69,122 | 55,078 | |
694/7 |
100,000 | 80,000 | 80,000 | 130,000 | - | - | - | |
694 |
100,000 | 80,000 | 80,000 | 130,000 | - | - | - | |
| 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 filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 15-01-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 15-01-2026 | 2026-00008192 | |
| 30-06-2024 | micro format | 24-01-2025 | 2025-00016535 | |
| 30-06-2023 | micro format | 29-01-2024 | 2024-00019095 | |
| 30-06-2022 | micro format | 30-01-2023 | 2023-00009720 | |
| 30-06-2021 | micro format | 28-01-2022 | 2022-03200507 | |
| 30-06-2020 | micro format | 27-01-2021 | 2021-02200549 | |
| 30-06-2019 | micro format | 10-02-2020 | 2020-04800473 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| 141,746 | 114,339 | 123,083 | 180,795 | 72,890 | 92,795 | 77,460 | ||
| 106,837 | 85,511 | 89,205 | 137,778 | 57,497 | 74,390 | 61,921 | ||
| 0 | 0 | 0 | 130,142 | 0 | 1,005 | 24,345 | ||
| -201,402 | 74,979 | 58,734 | -17,742 | 54,326 | 92,507 | - | ||
| 91,672 | 88,152 | 77,848 | 65,577 | 187,970 | 123,360 | 49,976 | ||
| 45.4% | 38.2% | 46.3% | 51.8% | 73.9% | 67.3% | 58.4% | ||
| 1.36 | 1.27 | 1.34 | 1.35 | 3.74 | 2.84 | 2.01 | ||
| 1.20 | 1.62 | 1.16 | 0.93 | 0.35 | 0.49 | 0.71 | ||
| 49.6% | 40.7% | 41.2% | 66.5% | 26.5% | 49.9% | 82.1% | ||
| 22.5% | 15.6% | 19.1% | 34.5% | 19.6% | 33.6% | 48.0% | ||
| 22.97 | 14.89 | 29.90 | 85.55 | - | - | - |
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 | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €5,142 |
| Financial fixed assets | - | - | - | €125,000 |
| €770 | €770 | €5,473 | €5,063 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on PGProGress
The operating result for 2025 is 24% higher than in 2024 and the highest since 2022. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 61.8% to 54.6%. Equity is higher and debt is lower.
Board & ownership
Board
1 director, no change since June 2018Director (not named in the articles)
since 11-06-2018
term without a fixed end
listed in the 2025 annual accounts, filed on 15-01-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Article 11 - Pouvoirs du gérant Conformément à l’article 257 du Code des sociétés et sauf organisation par l’assemblée d’un collège de…”deed of 13-06-2018
Mandates through the years
1 name, the dashed line is todayManager (not named in the articles)
Board
Mandates as a list
-
- Manager (not named in the articles), from 11-06-2018 to date
Control
Founder
This company
PGProGress
Equity €214,054
Profit €106,066 in 2025
Capital
- Contribution
- €18,600
- Shares
- 100
- Contribution per share
- €186
- Equity per share
- €2,141 in 2025
- Source
- 2025 annual accounts
Articles of association
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 16-01-2024 (in French)
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “L'assemblée qui nomme fixe nombre,durée et en cas de pluralité pouvoirs, un ou plusieurs administrateurs,personnes physiques ou…”deed of 16-01-2024 (in French)
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- 100 sharesdeed of 16-01-2024 (in French)
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of December at 19:00deed of 13-06-2018 (in French)
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
- No statutory auditordeed of 13-06-2018 (in French)
Shareholders
At incorporation
deed of 13-06-2018 ↗
- 100 shares (100%) · in cash
Capital transactions
Capital over time
- 16-01-2024 Converted to unavailable equity · €20,460
- 13-06-2018 Incorporation · €18,600 · 100 shares
Network & group
No group
PGProGress has no parent and no holdings in its annual accounts. is the only director. PGProGress shares no director with another company.
Timeline
Timeline
15 events since 2018Board
Filings
Financial
Establishments
20182020202220242026
Deadline for the 2026 accounts: 31-01-2027
2026
Annual accounts 2025 filed PDFmicro format · 16 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0697790977
Annual accounts 2024 filed PDFmicro format · 7 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 2 days before the deadline
Reappointment: (director)“La consultance et le management opérationnels,techniques et administratifs; Le conseil et l’exécution de…” (deed in French) · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 21-12-20236 points ▸
- Director reappointment, (director (not named in the articles))
- Power of attorney,
- Power of attorney,
- General meeting, 21-12-2023
- Legal-form conversion, from private limited company (pre-2019) to private limited company
- Purpose change, “La consultance et le management opérationnels,techniques et administratifs; Le conseil et l’exécution de prestations en matière de gestion des ressources…” (deed in French)
- The deed holds 5 more points.
2023
Equity above €200,000 equity €203,246 ▲1.9% With a profit in every financial year since 2019, equity grows to €203,246.
Annual accounts 2022 filed PDFmicro format · 1 day before the deadline
2022
Highest result from 2019 to 2025 net €132,715 ▲155% The operating result of €175,732 and the net result of €132,715 are both a record.
Annual accounts 2021 filed PDFmicro format · 3 days before the deadline
2021
Equity above €150,000 equity €196,799 ▲42.1% With a profit in every financial year since 2019, equity grows to €196,799.
Annual accounts 2020 filed PDFmicro format · 4 days before the deadline
2020
Equity above €100,000 equity €138,459 ▲99.7% With a profit in every financial year since 2019, equity grows to €138,459.
Annual accounts 2019 filed PDFmicro format · 10 days late
2018
IncorporationFounding capital of €18,600, 100 shares, €12,400 paid up · Founder: (comparant constituant) · Appointment: (manager) · published on 13-06-20184 points ▸
- Founder, (comparant constituant)
- Founding capital, €18,600, 100 shares
- Capital, €18,600, 100 shares
- Director appointment, (manager (not named in the articles))
- The deed holds 2 more points.
First establishment Rue Bavière 6, Villers-le-Bouillet
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
- 0697.790.977
- VAT number
- BE 0697.790.977
- Peppol ID
- 0208:0697790977
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 11-06-2018
- Financial year
- ends on 30 June
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of December at 19:00deed of 13-06-2018 (in French)
- Peppol
- Reachable since 14-10-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- PGProGress in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 16-01-2024 (in French)
Activities
NACEBEL 202570200
Business and other management consultancy main activity
Codes under NACEBEL 2008
70220
Business consulting main activity
70210
Activities of head offices; management consultancy activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “La consultance et le management opérationnels,techniques et administratifs; Le conseil et l’exécution de prestations en matière de gestion…”deed of 16-01-2024 (in French)
12 activities
- La consultance et le management opérationnels,techniques et administratifs ;
- Le conseil et l’exécution de prestations en matière de gestion des ressources humaines,en ce compris la négociation et la conclusion de contrats,ainsi que toutes prestations liées à la gestion du personnel ;
- L’exécution de prestations liées à la représentation commerciale,en ce compris la négociation et la conclusion de contrats et de commissionnaire.
- Toutes les activités,services,initiations,formations et produits qui touchent au domaine de la spiritualité,de l’ésotérisme,du mieux-être,des soins holistiques et énergétiques ;
- L’achat,la vente,la transformation et la location de tous produits non réglementés aussi bien en Belgique qu’à l’étranger tant en gros qu’au détail pour compte propre,pour compte de tiers ou en association.
- Toutes opérations généralement quelconques,commerciales,industrielles,financières,mobilières ou immobilières,se rapportant directement ou indirectement,entièrement ou partiellement.
- Elle pourra acquérir ou obtenir tous brevets d’invention et de perfectionnement,licences,procédés,franchises et marques de fabriques,les exploiter,céder et concéder toutes licences.
- Elle pourra exercer toute activité commerciale à moins qu’elle ne soit spécialement réglementée.
- Elle pourra faire toutes opérations généralement quelconques,commerciales,industrielles,financières,mobilières et immobilières,se rapportant directement ou indirectement,entièrement ou partiellement à son objet ou qui seraient de nature à en faciliter ou développer la réalisation.
- Elle peut se porter caution et donner toute sûreté personnelle ou réelle en faveur de toute personne ou société liée ou non.
- Elle peut s’intéresser par toutes voies dans toutes sociétés,associations ou entreprises ayant un objet similaire ou connexe au sien ou susceptible de favoriser le développement de ses activités.
- La société peut être administrateur ou liquidateur.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Rue Bavière 6 registered office 4530 Villers-le-Bouillet | 11-06-2018 | 2.276.719.860 |
Buildings and parcels at the address
- Ground area
- 4,543 m²
- Buildings
- 128 m²
- Volume, LiDAR
- 1,035 m³
- Tallest building
- 11.4 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 61021B0538/00A000 | 4,543 m² | 1 · 128 m² | 11.4 m · 3 |