PROGERCO
ActiveSummary
The computed 12-month bankruptcy probability of PROGERCO is 2.2% (moderate). The 2025 annual accounts show negative equity (-€39,178) and a net result of -€214,993. Equity has been shrinking by about 15% per year since 2018. Its solvency ranks better than 14% of 11,268 sector peers (NACE 68, financial year 2025). The company has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 06-01-2003 Normal situation
- Activity
- Buying and selling of own real estate NACE 68110
- Establishment unit
- 2.115.649.677 4470 Saint-Georges-sur-Meuse, since 15-01-2003
- Financial year end
- 31 December
- Peppol
- Reachable since 30-10-2025
Board and ownership
Board
- BOURGEOIS AXELDirector · since 06-03-2021
- RIXHON JOELDirector · since 06-03-2021
Shareholders
- BOURGEOIS Axel & Fils17.41%· score 912025 annual accounts of BOURGEOIS Axel & Fils
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.2%
Annual accounts 2025
- Gross margin
- -€66,810
- Loss
- €214,993
- Equity
- -€39,178
- Total assets
- €1.2m
- ▼ 66.0%
- Negative equity on 31-12-2025
- 2025 accounts filed 47 days after the deadline
Score breakdownraises riskLoss of €214,993 (financial year 2025)Liquidity: current ratio 0.23, cash €1,741, halvedNegative equity -€39,178lowers riskSize: total assets €1.2mShow the evidence
Checked score
Score 2025
50
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 9% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Weak
Solvency
22-8
equity -3.3% of total assets
Liquidity
11+5
short-term debt 72.0% · cash 0.1%
Profitability
0-32
return on assets -18.0%
Bankruptcy probability within 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 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: 0.3%▲ +0.1 percentage points vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.4%▲ +0.1 percentage points vs 06-2025
08-2025: 0.5%▲ +0.1 percentage points vs 07-2025
09-2025: 0.1%▼ -0.4 percentage points vs 08-2025lowest value
10-2025: 0.1%● unchanged vs 09-2025lowest value
11-2025: 0.1%● unchanged vs 10-2025lowest value
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: 0.2%▲ +0.1 percentage points vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.3%▲ +0.1 percentage points vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.6%▲ +0.3 percentage points vs 07-2026
09-2026: 0.7%▲ +0.1 percentage points vs 08-2026
10-2026: 2.2%▲ +1.5 percentage points vs 09-2026highest value
11-2026: 2.2%● unchanged vs 10-2026highest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.23 (0.85 in 2024), below 1. Short-term debt is 72% and cash 0.1% of total assets. Equity is negative.
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 68, micro). It does better than 17% of them on solvency, 11% on liquidity, 4% on profitability and 5% on growth.
The bankruptcy probability was computed on 04-11-2026 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 moderate class on 30-06-2025, 2.4% 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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€39,178
raises risk · 2025 accounts filed 47 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-09-2026, 47 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
47 days late
2024
26 days late
2023
13 days early
2022
60 days late
2021
27 days late
2020
78 days early
2019
87 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 22 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 27 August (4 of the last 5 accounts filed within 33 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 47 days after the deadline Filed on 16 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00515375.
Annual accounts 2025 filed on 16-09-2026 at the NBB all 23 filings
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€214,993
2024 · €20,596
Working capital
-€664,143▼ 52.0%
2024 · -€436,816
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€141,475
2025
20182025
Net result
-€214,993
2025
lowest quarter of the sector
20182025
Equity
-€39,178
2025
lowest quarter of the sector
20182025
Total assets
€1.2m
▼ 66.0%
2025
middle half of the sector
20182025
Debt
€1.2m
▼ 63.1%
2025
20182025
Working capital
-€664,143
▼ 52.0%
2025
lowest quarter of the sector
20182025
Solvency
-3.3%
▼ 8.3pp
2025
lowest quarter of the sector
20182025
Current ratio
0.23
▼ 0.62
2025
lowest quarter of the sector
20182025
Return on assets (ROA)
-18.0%
▼ 18.6pp
2025
lowest quarter of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€0.02m-€0.003m€122▼ 95.5%-€0.007m-€0.01m▼ 58.0%€0.01m€0.1m▲ 741%-€0.1m
Net result-€0.04m--€0.01m▲ 73.4%-€0.02mbelow the sector's middle half▼ 79.8%-€0.03mbelow the sector's middle half▼ 46.7%-€0.05mbelow the sector's middle half▼ 54.1%-€0.02mbelow the sector's middle half▲ 51.7%€0.02mwithin the sector's middle half-€0.2mbelow the sector's middle half
Equity€0.3m-€0.3m▼ 4.1%€0.3mwithin the sector's middle half▼ 7.6%€0.2mwithin the sector's middle half▼ 12.1%€0.2mwithin the sector's middle half▼ 21.1%€0.2mwithin the sector's middle half▼ 13.0%€0.2mwithin the sector's middle half▲ 13.3%-€0.04mbelow the sector's middle half
Total assets€1.0m-€1.2m▲ 21.0%€1.3mabove the sector's middle half▲ 10.4%€1.7mabove the sector's middle half▲ 25.3%€1.9mabove the sector's middle half▲ 14.9%€2.6mabove the sector's middle half▲ 34.2%€3.5mabove the sector's middle half▲ 36.1%€1.2mwithin the sector's middle half▼ 66.0%
Debt€0.7m-€0.9m▲ 31.3%€1.1m▲ 15.7%€1.5m▲ 34.2%€1.7m▲ 20.5%€2.4m▲ 39.0%€3.3m▲ 37.6%€1.2m▼ 63.1%
Working capital€0.3m-€0.2m▼ 23.5%-€0.04mwithin the sector's middle half€0.2mabove the sector's middle half-€0.2mbelow the sector's middle half-€0.4mbelow the sector's middle half▼ 156%-€0.4mbelow the sector's middle half▲ 1.6%-€0.7mbelow the sector's middle half▼ 52.0%
Solvency29.0%-23.0%▼ 6.0pp19.2%within the sector's middle half▼ 3.7pp13.5%within the sector's middle half▼ 5.7pp9.3%within the sector's middle half▼ 4.2pp6.0%within the sector's middle half▼ 3.3pp5.0%within the sector's middle half▼ 1.0pp-3.3%below the sector's middle half▼ 8.3pp
Current ratio1.36-1.34▼ 0.020.95within the sector's middle half▼ 0.401.30within the sector's middle half▲ 0.350.83within the sector's middle half▼ 0.470.77within the sector's middle half▼ 0.060.85within the sector's middle half▲ 0.080.23below the sector's middle half▼ 0.62
Return on assets (ROA)-4.4%--1.0%▲ 3.4pp-1.6%within the sector's middle half▼ 0.6pp-1.9%within the sector's middle half▼ 0.3pp-2.5%below the sector's middle half▼ 0.6pp-0.9%within the sector's middle half▲ 1.6pp0.6%within the sector's middle half▲ 1.5pp-18.0%below the sector's middle half▼ 18.6pp
above
within
below
The sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €141,475, after a profit of €113,034 in 2024. It is the lowest result since 2018.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets
€998,994 ▼ 3.5%
Current assets
€196,645 ▼ 92.1%
Equity and liabilities
Equity-€39,178
Debt€1.2m
Equity is negative. Debt (€1.2m) exceeds the balance-sheet total (€1.2m).
Key figures and ratios
EBITDA
-€105,223▼
2024 · €149,065
Cash flow
-€178,741▼
2024 · €56,628
Quick ratio
0.06▼
2024 · 0.37
Interest coverage
-1.42▼
2024 · 1.47
Debt ≤ 1 year
€860,788▼
2024 · €2.9m
Debt > 1 year
€371,390▼
2024 · €420,049
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Mortgages, amount registered | €125,000 | €300,000 | €300,000 | €300,000 | €300,000 |
| Mortgage mandates | €485,000 | €925,000 | €375,000 | €375,000 | €375,000 |
| Carrying value of the mortgaged assets | €751,017 | €1.3m | €1.1m | €1.0m | €994,188 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €60,095 | €365,183 | €37,251 | €1,312 | - |
| Depreciation and write-downs of the year | €22,080 | €27,711 | €34,381 | €36,032 | €36,252 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,010 | €12,483 | €16,765 | €22,080 | €27,711 | €34,381 | €36,032 | €36,252 | ▲ 0.6% |
| Other operating charges640/8 | - | - | - | €5,441 | €42,998 | €18,533 | €39,767 | €38,414 | ▼ 3.4% |
| Gross operating margin9900 | -€2,264 | €27,778 | €28,281 | €20,357 | €59,391 | €66,351 | €188,833 | -€66,810 | - |
| Operating profit (loss)9901 | -€23,435 | €2,705 | €122 | -€7,164 | -€11,318 | €13,438 | €113,034 | -€141,475 | - |
| Financial income75/76B | - | - | - | €2,380 | €1,901 | €4,536 | €8,667 | €812 | ▼ 90.6% |
| Recurring financial income75 | €103 | €4,669 | €7,236 | €2,380 | €1,901 | €4,536 | €8,667 | €812 | ▼ 90.6% |
| Financial charges65/66B | - | - | - | €26,262 | €38,412 | €41,090 | €101,104 | €74,330 | ▼ 26.5% |
| Recurring financial charges65 | €20,860 | €19,145 | €28,523 | €26,262 | €38,412 | €41,090 | €101,104 | €74,330 | ▼ 26.5% |
| Profit (loss) for the period before taxes9903 | -€44,192 | -€11,771 | -€21,164 | -€31,047 | -€47,828 | -€23,116 | €20,596 | -€214,993 | - |
| Income taxes67/77 | - | - | - | - | - | €0 | - | - | - |
| Profit (loss) for the period9904 | -€44,192 | -€11,771 | -€21,164 | -€31,047 | -€47,828 | -€23,116 | €20,596 | -€214,993 | - |
| Profit (loss) for the period to be appropriated9905 | -€44,192 | -€11,771 | -€21,164 | -€31,047 | -€47,828 | -€23,116 | €20,596 | -€214,993 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.0m | €1.2m | €1.3m | €1.7m | €1.9m | €2.6m | €3.5m | €1.2m | ▼ 66.0% |
| Fixed assets21/28 | €0.04m | €0.4m | €0.7m | €0.7m | €1.1m | €1.1m | €1.0m | €1.0m | ▼ 3.5% |
| Tangible fixed assets22/27 | €0.04m | €0.4m | €0.7m | €0.7m | €1.1m | €1.1m | €1.0m | €1.0m | ▼ 3.5% |
| Furniture and vehicles24 | - | - | - | €0.005m | €0.004m | €0.009m | €0.007m | €0.005m | ▼ 35.3% |
| Other tangible fixed assets26 | - | - | - | €0.7m | €1.1m | €1.1m | €1.0m | €1.0m | ▼ 3.3% |
| Current assets29/58 | €1.0m | €0.8m | €0.6m | €0.9m | €0.9m | €1.5m | €2.5m | €0.2m | ▼ 92.1% |
| Stocks and contracts in progress3 | €0.9m | €0.7m | €0.6m | €0.9m | €0.8m | €1.4m | €1.4m | €0.1m | ▼ 90.1% |
| Stocks30/36 | - | - | - | €0.9m | €0.8m | €1.4m | €1.4m | €0.1m | ▼ 90.1% |
| Amounts receivable within one year40/41 | €0.02m | €0.03m | €0.01m | €0.03m | €0.02m | €0.02m | €1.0m | €0.04m | ▼ 95.9% |
| Trade receivables40 | - | - | - | €0.02m | €0.02m | €0.02m | €1.0m | €0.04m | ▼ 95.9% |
| Other amounts receivable41 | - | - | - | €0.02m | €0.001m | €0.003m | €0.002m | €73 | ▼ 95.1% |
| Cash at bank and in hand54/58 | €0.04m | €0.04m | €0.001m | €0.004m | €0.02m | €0.04m | €0.04m | €0.002m | ▼ 95.6% |
| Deferred charges and accrued income490/1 | - | - | - | €0.02m | €0.02m | €0.02m | €0.005m | €0.01m | ▲ 123% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.0m | €1.2m | €1.3m | €1.7m | €1.9m | €2.6m | €3.5m | €1.2m | ▼ 66.0% |
| Equity10/15 | €0.3m | €0.3m | €0.3m | €0.2m | €0.2m | €0.2m | €0.2m | -€0.04m | - |
| Contributions10/11 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Capital10 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Issued capital100 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Reserves13 | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Non-distributable reserves130/1 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Legal reserve130 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Profit (loss) carried forward14 | -€0.007m | -€0.02m | -€0.04m | -€0.07m | -€0.1m | -€0.1m | -€0.1m | -€0.3m | ▼ 176% |
| Amounts payable17/49 | €0.7m | €0.9m | €1.1m | €1.5m | €1.7m | €2.4m | €3.3m | €1.2m | ▼ 63.1% |
| Amounts payable after more than one year17 | €0.002m | €0.4m | €0.4m | €0.7m | €0.7m | €0.5m | €0.4m | €0.4m | ▼ 11.6% |
| Financial debts170/4 | - | - | - | €0.7m | €0.7m | €0.5m | €0.4m | €0.4m | ▼ 11.6% |
| Other amounts payable178/9 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Amounts payable within one year42/48 | €0.7m | €0.6m | €0.7m | €0.7m | €1.0m | €2.0m | €2.9m | €0.9m | ▼ 70.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.02m | €0.05m | €0.05m | €0.05m | €0.05m | ▼ 7.5% |
| Financial debts43 | - | - | - | €0.3m | €0.3m | €1.3m | €1.7m | €0.06m | ▼ 96.3% |
| Credit institutions430/8 | - | - | - | €0.2m | €0.2m | €1.3m | €1.7m | €33 | ▼ 100.0% |
| Other loans439 | - | - | - | €0.05m | €0.05m | €0.06m | €0.06m | €0.06m | ▲ 6.0% |
| Trade debts44 | €0.01m | €0.02m | €0.06m | €0.06m | €0.1m | €0.09m | €0.3m | €0.04m | ▼ 84.0% |
| Suppliers440/4 | - | - | - | €0.06m | €0.1m | €0.09m | €0.3m | €0.04m | ▼ 84.0% |
| Advances received on contracts in progress46 | - | - | - | - | €0.04m | €0.01m | €0.2m | €0.03m | ▼ 87.9% |
| Taxes, remuneration and social security45 | - | - | - | €0.004m | €0.05m | €0.009m | €0.05m | €0.01m | ▼ 76.9% |
| Taxes450/3 | - | - | - | €0.004m | €0.05m | €0.009m | €0.05m | €0.01m | ▼ 76.9% |
| Other amounts payable47/48 | - | - | - | €0.4m | €0.5m | €0.5m | €0.6m | €0.7m | ▲ 17.4% |
| Accrued charges and deferred income492/3 | - | - | - | €0.004m | €0.005m | €0.003m | €0.003m | €0.003m | ▲ 2.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€44,192 | -€11,771 | -€21,164 | -€31,047 | -€47,828 | -€23,116 | €20,596 | -€214,993 | - |
| + Depreciation and write-downs630 | €1,010 | €12,483 | €16,765 | €22,080 | €27,711 | €34,381 | €36,032 | €36,252 | ▲ 0.6% |
| Operating cash flow (approximation) | -€43,182 | €712 | -€4,399 | -€8,966 | -€20,117 | €11,264 | €56,628 | -€178,741 | - |
| Investment in fixed assets (approximation) | - | -€422,542 | -€258,628 | -€60,095 | -€365,183 | -€37,251 | -€1,312 | €0 | - |
| Change in cash | - | €5,205 | -€42,430 | €3,311 | €12,296 | €21,258 | €1,869 | -€37,583 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 678 companies had the same profile as PROGERCO has now. Two years later, 84.5% were still going and 6.8% had gone bankrupt.
- Small
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
84.5%
was still going
6.2%
stopped otherwise
6.8%
went bankrupt
Another 2.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of PROGERCO itself: 2.2% within 12 months.
Test of the method
The method was tested on the 497,446 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 678 companies, not a prediction for PROGERCO. 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.
Latest 10 of 23 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 16-09-2026 | 2026-00515375 | |
| 31-12-2024 | micro format | 26-08-2025 | 2025-00423655 | |
| 31-12-2023 | micro format | 18-07-2024 | 2024-00264365 | |
| 31-12-2022 | micro format | 29-09-2023 | 2023-00470913 | |
| 31-12-2021 | micro format | 27-08-2022 | 2022-20383633 | |
| 31-12-2020 | micro format | 14-05-2021 | 2021-14400515 | |
| 31-12-2019 | micro format | 26-10-2020 | 2020-63800341 | |
| 31-12-2018 | full format | 08-04-2019 | 2019-09500184 | |
| 31-12-2017 | full format | 04-07-2018 | 2018-29600044 | |
| 31-12-2016 | full format | 13-05-2017 | 2017-12100384 |
Board & ownership
Directors
Directors
2 directors
BOURGEOIS AXEL
Current
RIXHON JOEL
Current
Owners and capital
Shareholders
1 ownerOwners 1
- Equity €115,140 Profit of €3,440 in 2025 (profit of €35,139 in 2024) Checked score 9117.41%
Owners through the years 2006 to 2025
| Name | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BOURGEOIS Axel & Fils | 17.41% | |||||||||||||||||||
Source: lists of holdings in the owners' accounts
Mandate history
2 people, 2 in office
- Board
| Name | Functions and periods |
|---|---|
| BOURGEOIS AXEL |
|
| RIXHON JOEL |
|
Network & group
Companies at the same address
1 other companyConnections & network
2 current directorsThe network starts from the directors of PROGERCO. Every other company they run is a node.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Deeds, filings and financial milestones
Deadline for the 2026 accounts:
2026
16-09
abbreviated format · 47 days late
2025
31-12
Financial
Weakest financial yearnet -€214,993
The net result drops to -€214,993, the lowest from 2018 to 2025.
26-08
micro format · 26 days late
2024
31-12
Financial
Back to profitnet €20,596
The net result is €20,596, after 6 loss-making years.
18-07
micro format · 13 days before the deadline
2023
29-09
micro format · 60 days late
2022
27-08
micro format · 27 days late
2021
14-05
micro format · 78 days before the deadline
2020
26-10
micro format · 87 days late
2019
08-04
full format · 114 days before the deadline
2018
04-07
full format · 27 days before the deadline
2017
13-05
full format · 79 days before the deadline
2003
14-01
Financial milestoneGazette deedNBB filingFinancial 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
Register details
Identity
KBO recordName
PROGERCO in French
Enterprise number
0479.241.069
Legal form
Public limited company
Status
Active, normal situation
Founded
06-01-2003
Entity type
Legal entity
Registered office and establishments
Registered office
Rue du Centre 38, 4470 Saint-Georges-sur-Meuse, Belgium
Establishment unit
Rue du Centre 38, 4470 Saint-Georges-sur-Meuse since 15-01-2003 · unit number 2.115.649.677
Activities
NACEBEL 202568110
Buying and selling of own real estate main activity
Codes under NACEBEL 2008
68100
Real estate activities main activity
Codes under NACEBEL 2003
70120
main activity
Invoicing and payment
VAT number
BE 0479.241.069
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Sites & property
Location
Buildings and parcels at the address
Ground area
2,382 m²
Building footprint
107 m²
Building volume
964 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 64065A0907/00R000 | Wallonia | 2,382 m² | 1 · 107 m² | 10.7 m · 3 |