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PROGENUS

Active Public limited companyfounded 2001active for 24 yearsRue Camille Hubert,Isnes 7A, 5032 GemblouxKBO/BCE: BE 0476.355.815 #7 employer in Gembloux, Professional and technical services sector

Lifetime

20 annual accounts with figures on one time axis, 24 filings since 2002
peak €1.5m (2023)
€1.2m▼ 10.1%
lowest -€12,569 (2008)
€41,195▼ 79.4%
peak €972,566 (2025)
€972,566▲ 2.1%
€440,454▼ 28.4%
peak 15.2 FTE (2023)
14 FTE▼ 4.1%
Board12 names since 2016
4 directors and 3 others
Owners
  
Documentsfilings and deeds
10-06-202651 days before the deadline
2025abbreviated format
Result from €199,931 to €41,195Dividend €20,691Debts from €614,953 to €440,454Cash from €242,050 to €116,035

Key points

from the 2025 annual accounts

Equity

€972,566 ▲ 2.1%

PROGENUS has made a profit without a break since 2009.

Result

€41,195 ▼ 79.4%
€200,0002024€41,2002025

The result fell in 2025: different schema filed.

Turnover

≈ €2.1m estimated

The accounts state no turnover.

Staff

13 employees on 31-12-2025
422021222022422023342024242025

In 2025, 2 people joined and 4 left.

Liquidity

4.39 was 2.99 in 2024

Short-term debts fell from €438,789 to €276,359.

Filings

24 annual accounts since 2002
AprilJune31 JulyOctober20102020

Three of the last ten came late. The 2022 accounts came latest: 30 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 14,768 companies had the same profile as PROGENUS has now. Each dot stands for 37 companies, two years later.

96.1%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 14,768 companies, not a prediction for PROGENUS. 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

Board and ownership

Director, , since 24-05-2024
Director, since 24-05-2024
Director, since 24-05-2024
Director
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0476355815
3 directors appointed, 3 resignations, 3 reappointments, 1 statutory auditor reappointed Reappointments: , , and (statutory auditor) · Resignations: , and · Appointments: , and · General meeting of 24-05-2024 · Gazette deed
Reappointment: (company auditor) Resignation: (director) · Board meeting of 22-11-2017 · Gazette deed
Registered office moved from Gembloux to Gemblous New registered office: rue Camille Hubert 7A, 5032 Gemblous (Les Isnes) · Previous registered office: RUE DES PRAULES 2, 5030 GEMBLOUX · Appointments: (managing director), , , and · General meeting of 14-11-2016 · Gazette deed
All 37 events

Comparable companies

same main activity, similar in size and age
Company
PROGENUS Gembloux - - 68.8% 14
EMTEX Sint-Gillis-Waas - - 49.8% 17.5
V.D.C. ENGINEERING Wavre - - 44.7% 15.2
Vlaams Centrum voor Bewaring van Tuinbouwproducten Leuven - - 64.9% 12.4
LHM - INSTRUMENTATION Geel €4.3m 6.2% 14.8% 14.8
INFARAMA Grimbergen - - 27.6% 15.3
FAUNE & BIOTOPES - FAUNA & BIOTOOP - FAUNA & BIOTOP - FAUNA & BIOTOPES Namur €0.3m 33.7% 77.9% 8.6

These companies have the same main activity as PROGENUS: other research and development on natural sciences (NACE 72109). They are comparable in size and age: total assets between €600,000 and €1.9m, founded between 1993 and 2008.

Official details

Source: KBO
Status
Active since 19-12-2001Normal situation
Activity
Other research and development on natural sciencesNACE 72109and 2 others
Establishment unit
2.094.587.9105032 Gembloux, since 28-01-2002
Financial year end
31 December
Peppol
Reachable since 02-07-2025
Company details

Annual accounts 2025

€1.4m▼ 9.9%
Employeeson 31-12-2025
13▼ 13.3%
Filing
Filed on 10-06-2026, 51 days before the end of the filing period
Financials

Insights on PROGENUS

PROGENUS files the abbreviated format. That format states no turnover. The gross margin rose from €214,633 in 2006 to €1.2m 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 PROGENUS

What is the company number of PROGENUS?
The company number of PROGENUS is 0476.355.815. The VAT number is the same number with BE in front: BE 0476.355.815.
Where is PROGENUS based?
The registered office is at Rue Camille Hubert,Isnes 7A, 5032 Gembloux.Company details
What does PROGENUS do?
According to the KBO register, the main activity is other research and development on natural sciences (NACE 72109).
What is the legal form of PROGENUS?
PROGENUS is a public limited company (NV).
When was PROGENUS founded?
PROGENUS was founded on 19-12-2001.
Is PROGENUS still active?
Yes, PROGENUS is an active enterprise in the KBO register.
How many employees does PROGENUS have?
PROGENUS had an average of 14 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of PROGENUS?
The turnover in financial year 2025 is ≈ €2.1m. This figure is estimated from the gross margin of €1.2m and 1,585 comparable companies of the same size. It probably lies between €1.4m and €3.5m. It is a rough estimate. In financial year 2020 turnover was €1.5m.
Is PROGENUS profitable?
In financial year 2025, PROGENUS made a profit of €41,195.
Where can I find the annual accounts of PROGENUS?
PROGENUS filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PROGENUS due?
PROGENUS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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