Equity
-€258,794
Debts exceed assets in financial year 2025.
PROGEST
Lifetime
10 annual accounts with figures on one time axis, 11 filings since 2004peak €167,115 (2025)
€167,115
lowest -€56,769 (2019)
-€8,137
peak €152,553 (2008)
-€258,794
€3.0m
Board1 name since 2023
-
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Loss of €8,137No annual accounts filed for 2023 and 2024
Key points
from the 2025 annual accountsLosses
-€131,834 in six years
Every financial year from 2010 to 2025 closed with a loss. 2019 was the heaviest.
Debts
€3.0m 109% of the balance sheet
After one year 0%Within one year 100%
Of this, €3.0m falls due within a year.
2025 accounts filed 31 days after the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,240 companies had the same profile as PROGEST has now. Each dot stands for 4 companies, two years later.
92.7%
were still trading
4.0%
stopped another way
1.9%
went bankrupt
Another 1.4% stopped without a precise date, possibly only after those two years.
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 1,240 companies, not a prediction for PROGEST. 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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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0474710377
Change of role: , from manager to director
General meeting of 28-12-2023 · Gazette deed
First establishment
Rue des Hougnes 60, Verviers
Incorporation
published on 10-05-2001 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PROGEST Verviers | €2.8m | €167,115 | -9.3% | - |
| JLP IMMO Beloeil | €2.5m | €190,401 | 12.4% | - |
| Elsen-Houben Lummen | €3.2m | €147,162 | 25.3% | 0 |
| HARMATAN Zedelgem | €2.8m | €195,503 | 11.8% | - |
| VDW PROJECTS Hasselt | €3.3m | €176,720 | 60.0% | 1 |
| CASA NOSTRA FIDA Oostkamp | €2.3m | €177,344 | 8.2% | - |
| EVRARD CLAUDE & BEATRICE Schaerbeek | €2.4m | €135,670 | -5.8% | - |
These companies have the same main activity as PROGEST: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €2.3m and €3.3m, founded between 1997 and 2004.
Official details
Source: KBO- Status
- Active since 27-04-2001Normal situation
- Activity
- General construction of residential buildingsNACE 41001
- Establishment unit
- 2.098.460.5844800 Verviers, since 12-10-2001
- Financial year end
- 31 December
- Peppol
- Reachable since 19-01-2026
Insights on PROGEST
PROGEST files the micro format. That format states no turnover. The gross margin rose from -€11,149 in 2005 to €167,115 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 PROGEST
- What is the company number of PROGEST?
- The company number of PROGEST is 0474.710.377. The VAT number is the same number with BE in front: BE 0474.710.377.
- Where is PROGEST based?
- The registered office is at Rue des Hougnes 60, 4800 Verviers.Company details
- What does PROGEST do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of PROGEST?
- PROGEST is a private limited company (BV).
- When was PROGEST founded?
- PROGEST was founded on 27-04-2001.
- Is PROGEST still active?
- Yes, PROGEST is an active enterprise in the KBO register.
- What is the turnover of PROGEST?
- The turnover of PROGEST was €219,027 in financial year 2025, according to the filed annual accounts.Financials
- Is PROGEST profitable?
- In financial year 2025, PROGEST made a loss of €8,137.
- Where can I find the annual accounts of PROGEST?
- PROGEST filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PROGEST due?
- PROGEST must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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