Equity
€289,945 ▲ 15.5%
PROGECAP has made a profit without a break since 2012.
PROGECAP
Lifetime
20 annual accounts with figures on one time axispeak €103,601 (2023)
€80,054▼ 19.0%
lowest -€24,710 (2010)
€38,989▼ 16.2%
peak €289,945 (2025)
€289,945▲ 15.5%
€292,372▲ 67.0%
Board1 name since 2006
1 director
Documentsfilings and deeds
28-08-202628 days late
2025micro format
Gross margin from €98,841 to €80,054Equity from €250,955 to €289,945Debts from €175,077 to €292,372Investments €136,845Cash from €33,948 to €52,787
Key points
from the 2025 annual accountsSecurities
€228,500
Mortgages, new in 2025. 78.8% of equity · not in the 2024 accounts.
Investments
€136,845 3.5 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 52.5% higher than in 2024.
Liquidity
3.87 was 2.17 in 2024
Short-term debts fell from €67,387 to €53,139.
Filings
20 annual accounts since 2006
Five of the last ten came late. The 2025 accounts came latest: 28 days after the end of the period.
Position in the sector
€289,945
More equity than 91% of companies in construction of buildings. Sector median €45,781 · 10,155 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 20,124 companies had the same profile as PROGECAP has now. Each dot stands for 51 companies, two years later.
95.1%
were still trading
4.7%
stopped another way
0.2%
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 20,124 companies, not a prediction for PROGECAP. 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
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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 0208:0878475649
Change of role: , from manager to director
Director discharge: · General meeting of 25-08-2023 · Gazette deed
First establishment
Route de l'Etat 10, Lasne
Incorporation
published on 18-01-2006 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PROGECAP Lasne | €582,317 | €80,054 | 49.8% | - |
| MADOCKE Stekene | €615,094 | €75,816 | 11.2% | - |
| Van Dessel Construct K&M Heist-op-den-Berg | €573,121 | €78,894 | 66.9% | 0.9 |
| MASTERBOUW Evergem | €547,055 | €89,873 | 18.9% | - |
| ID-4 Auderghem | €569,280 | €93,522 | 8.0% | - |
| SHAPE Aalst | €616,041 | €89,285 | 41.2% | 1 |
| ZOETE FRANK Roeselare | €619,757 | €86,255 | 68.2% | - |
These companies have the same main activity as PROGECAP: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €547,000 and €620,000, founded between 2003 and 2007.
Official details
Source: KBO- Status
- Active since 04-01-2006Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 4 others
- Establishment unit
- 2.150.974.5051380 Lasne, since 12-01-2006
- Financial year end
- 31 December
- Peppol
- Reachable since 22-07-2025
Insights on PROGECAP
PROGECAP files the micro format. That format states no turnover. The gross margin rose from €7,602 in 2006 to €80,054 in 2025.
The balance sheet grew most from 2015 to 2017 through fixed assets, financed with long-term debt.
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 PROGECAP
- What is the company number of PROGECAP?
- The company number of PROGECAP is 0878.475.649. The VAT number is the same number with BE in front: BE 0878.475.649.
- Where is PROGECAP based?
- The registered office is at Route de l'Etat 10, 1380 Lasne.Company details
- What does PROGECAP do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of PROGECAP?
- PROGECAP is a private limited company (BV).
- When was PROGECAP founded?
- PROGECAP was founded on 04-01-2006.
- Is PROGECAP still active?
- Yes, PROGECAP is an active enterprise in the KBO register.
- What is the turnover of PROGECAP?
- The turnover in financial year 2025 is ≈ €420,000. This figure is estimated from the gross margin of €80,054 and 111 comparable companies (NACE 41001). It probably lies between €310,000 and €690,000.Financials
- Is PROGECAP profitable?
- In financial year 2025, PROGECAP made a profit of €38,989.
- Where can I find the annual accounts of PROGECAP?
- PROGECAP filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PROGECAP due?
- PROGECAP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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