PROGESTOR
ActivePROGESTOR has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €339k and a net result of €-10k. Equity is growing by ~19.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 2295 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability15▼-11
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 16.94 against 15.87 in 2024; short-term debt: 5.6% and cash: 30% of total assets), and 5.6% of the assets are financed with debt.
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sector 93
lower
← fewer bankruptcies
more bankruptcies →
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 · 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
94.4%
Return on assets
-2.7%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 27-10-2025, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
10 d early
2023
1 d early
2022
5 d early
2021
29 d late
2020
1 d early
2019
47 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close22-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Turnover
€0
2023 · €0
2022: €0
2023: €0
2022 → 2024
Total assets
€359k▼ 6.4%
2024 · €384k
2019: €290k
2020: €262k
2021: €215k
2022: €329k
2023: €438k
2024: €384k
2019 → 2025
Net result
€-10k▼ 51.6%
2024 · €-6k
2019: €14k
2020: €14k
2021: €-8k
2022: €111k
2023: €119k
2024: €-6k
2019 → 2025
Working capital
€321k▼ 5.2%
2024 · €338k
2019: €97k
2020: €94k
2021: €108k
2022: €223k
2023: €348k
2024: €338k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€0€0€0
Equity€154k-€265k▲ 72.2%€382k▲ 44.4%€361k▼ 5.6%€339k▼ 6.0%
Operating result€-4k-€150k€185k▲ 22.8%€-9k€-14k▼ 53.5%
Net result€-8k-€111k€119k▲ 6.7%€-6k€-10k▼ 51.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €14k in 2025 against €9k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €359k
Fixed assets
€19k▼ 18.8%
Current assets
€341k▼ 5.6%
Equity and liabilities €359k
Equity
€339k▼ 6.0%
Debt
€20k▼ 11.5%
The debt ratio falls from 5.9% to 5.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-3k▼
2024 · €2k
Cash flow
€587▼
2024 · €5k
Solvency
94.4%▲
2024 · 94.1%
Current ratio
16.94▲
2024 · 15.87
Quick ratio
16.94▲
2024 · 15.87
Debt / equity
0.06▼
2024 · 0.06
ROE
-2.9%▼
2024 · -1.8%
ROA
-2.7%▼
2024 · -1.7%
Interest coverage
-2.73▼
2024 · 1.17
Debt
€20k▼
2024 · €23k
Debt ≤ 1 year
€20k▼
2024 · €23k
Income taxes
€707▼
2024 · €1k
Staff costs
€606▼
2024 · €14k
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€384k€359k▼
Fixed assets21/28€23k€19k▼
Tangible fixed assets22/27€10k€6k▼
Land and buildings22€0-
Plant, machinery and equipment23€0-
Furniture and vehicles24€753€6k▲
Leasing and similar rights25€9k-
Financial fixed assets28€13k€13k▼
Current assets29/58€361k€341k▼
Amounts receivable after more than one year29€174k€178k▲
Trade receivables290€174k€178k▲
Amounts receivable within one year40/41€108k€55k▼
Trade receivables40€75k€8k▼
Other amounts receivable41€33k€47k▲
Cash at bank and in hand54/58€76k€108k▲
Deferred charges and accrued income490/1€3k-
Equity and liabilities
Total equity and liabilities10/49€384k€359k▼
Equity10/15€361k€339k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€296k€274k▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k-
Reserves not available under the articles1311-€6k
Distributable reserves133€290k€268k▼
Profit (loss) carried forward14€3k€3k▲
Amounts payable17/49€23k€20k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€23k€20k▼
Trade debts44€6k€7k▲
Suppliers440/4€6k€7k▲
Taxes, remuneration and social security45€2k€210▼
Taxes450/3€2k€210▼
Remuneration and social security454/9€99-
Other amounts payable47/48€15k€13k▼
Income statement
Code20242025
Turnover70€0-
Goods, raw materials, services and sundry goods60/61€0-
Remuneration, social security and pensions62€14k€606▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€10k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€18k€-1k▼
Operating profit (loss)9901€-9k€-14k▼
Financial income75/76B€6k€6k▲
Recurring financial income75€6k€6k▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€-5k€-9k▼
Income taxes67/77€1k€707▼
Profit (loss) for the period9904€-6k€-10k▼
Profit (loss) for the period to be appropriated9905€-6k€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€-7k▼
Profit (loss) brought forward from the previous period14P€324€3k▲
Transfer from equity791/2€24k€22k▼
Transfer to equity691/2€0-
Profit to be distributed694/7€15k€12k▼
Return on contributions (dividend)694€15k€12k▼
The notes to these accounts (11 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
2025
27-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series.
2024
21-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Liquidity doublescurrent ratio 15.87
Current ratio from 7.29 to 15.87; short-term debt falls from €55k to €23k.
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Highest result since 2019net €119k ▲6.7%
Operating result €185k, net result €119k, both a record.
2022
26-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Back to profitnet €111k
Net result €111k after one loss-making year.
31-03
Financial
Equity above €200kEq €265k ▲72.2%
Equity rises from €154k to €265k.
2021
29-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Equity above €150kEq €162k ▲9.6%
2 profitable years in a row build equity to €162k.
2019
17-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 47 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
07-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Hannut · 1 establishment unit since 1995
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.
Rue de Houtain (GD HT) 314280 HannutGround area
9,166 m²
Building footprint
4,965 m²
Volume, LiDAR
44,646 m³
Parcel 64031B0366/00B000, Wallonia · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue de Houtain (GD HT) 31, 4280 Hannut
since 19952.071.767.075
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64031B0366/00B000 | Wallonia | 9,166 m² | 1 · 4,965 m² | 10.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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VISUAL.GOOLFY.BE
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Of 3,292 companies in sector 93110 we hold annual accounts for 1,495. 1,074 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded31-03-1995
Fiscal year end31-03
Activities, NACEBEL
92613
93110Operation of sports facilities
56301Cafés and bars
82300Organisation of conventions and trade shows
93199Other sports activities
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:019/516747