PROGECOO
ActivePROGECOO has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-183k) and a net result of €-1k. Equity is shrinking by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 7321 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
10
/ 100
Critical▲ +2 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability3▲+3
Solvency33=
Growth58=
Stability100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.46 against 0.47 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-115.8%
Return on assets
-0.6%
Age of the figures
8 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
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€183k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
26 d late
2024
41 d late
2023
29 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
110 d late
← before the deadline
after the deadline →
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-183k▼ 0.6%
2024 · €-182k
2018: €40k
2019: €-96k
2020: €-144k
2021: €-144k
2022: €-159k
2023: €-188k
2024: €-182k
2018 → 2025
Total assets
€158k▼ 0.6%
2024 · €159k
2018: €1.58M
2019: €1.25M
2020: €222k
2021: €201k
2022: €172k
2023: €167k
2024: €159k
2018 → 2025
Net result
€-1k
2024 · €5k
2018: €-177k
2019: €-136k
2020: €-48k
2021: €-342
2022: €-15k
2023: €-29k
2024: €5k
2018 → 2025
Working capital
€-183k▼ 0.6%
2024 · €-182k
2018: €41k
2019: €-95k
2020: €-141k
2021: €-143k
2022: €-158k
2023: €-186k
2024: €-182k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-144k-€-159k▼ 10.4%€-188k▼ 17.9%€-182k▲ 2.8%€-183k▼ 0.6%
Operating result€-18-€-15k▼ 82,566%€-28k▼ 90.7%€5k€-930
Net result€-342-€-15k▼ 4,279%€-29k▼ 90.3%€5k€-1k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €930 after €5k in 2024.
Key figures and ratios
Solvency
-115.8%▼
2024 · -114.5%
Current ratio
0.46▼
2024 · 0.47
Quick ratio
0.08▼
2024 · 0.08
Debt / equity
-1.86▲
2024 · -1.87
ROE
0.6%▲
2024 · -2.9%
ROA
-0.6%▼
2024 · 3.3%
Debt
€342k=
2024 · €342k
Debt ≤ 1 year
€342k=
2024 · €342k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€159k€158k▼
Current assets29/58€159k€158k▼
Stocks and contracts in progress3€131k€131k=
Stocks30/36€131k€131k=
Amounts receivable within one year40/41€27k€27k▼
Trade receivables40€17k€11k▼
Other amounts receivable41€11k€16k▲
Cash at bank and in hand54/58€711€227▼
Deferred charges and accrued income490/1€80€125▲
Equity and liabilities
Total equity and liabilities10/49€159k€158k▼
Equity10/15€-182k€-183k▼
Contributions10/11€200k€200k=
Reserves13€20k€20k=
Distributable reserves133€20k€20k=
Profit (loss) carried forward14€-402k€-403k▼
Amounts payable17/49€342k€342k=
Amounts payable within one year42/48€342k€342k=
Trade debts44€2k€382▼
Suppliers440/4€2k€382▼
Other amounts payable47/48€340k€342k▲
Income statement
Code20242025
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€617€617=
Other operating charges640/8€547€562▲
Non-recurring operating charges66A€148-
Gross operating margin9900€7k€249▼
Operating profit (loss)9901€5k€-930▼
Financial charges65/66B€86€86▼
Recurring financial charges65€86€86▼
Profit (loss) for the period before taxes9903€5k€-1k▼
Profit (loss) for the period9904€5k€-1k▼
Profit (loss) for the period to be appropriated9905€5k€-1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-402k€-403k▼
Profit (loss) brought forward from the previous period14P€-408k€-402k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
10-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 41 days late
2024
31-12
Financial
Back to profitnet €5k
Net result €5k after 6 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
18-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 110 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Gembloux · 1 establishment unit since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Sentier du Chafor 35030 GemblouxGround area
3,732 m²
Building footprint
680 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue de la Queue-Terre, Sauv. 26, 5030 Gembloux
since 20032.123.472.728
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92053A0235/00Y000 | Wallonia | 2,534 m² | 1 · 607 m² | - |
| 92253B0506/00S000 | Wallonia | 1,198 m² | 1 · 72 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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BR_PEDROSA
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L.G.E Parachèvement
BE 0779.671.944
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HAKO BUILD
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Of 29,535 companies in sector 41001 we hold annual accounts for 15,872. 12,703 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-12-2002
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
45211
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.