Progev
ActiveSummary
Progev has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €37k and a net result of €-3k. Equity is shrinking by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability17▼-8
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
cash: 43.6% of total assets, and 0% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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
100%
Return on assets
-8.2%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-3k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-01-2026, 5 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
5 d early
2024
25 d early
2023
44 d early
2022
43 d early
2021
41 d early
2020
48 d early
2019
14 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€37k▼ 7.5%
2024 · €40k
2019: €33klowest in 7 years
2020: €46k▲ +42.6% vs 2019
2021: €47k▲ +1.9% vs 2020highest in 7 years
2022: €44k▼ -7.1% vs 2021
2023: €42k▼ -3.6% vs 2022
2024: €40k▼ -4.8% vs 2023
2025: €37k▼ -7.5% vs 2024
2019 → 2025
Total assets
€37k▼ 7.5%
2024 · €40k
2019: €394khighest in 7 years
2020: €52k▼ -86.9% vs 2019
2021: €47k▼ -8.1% vs 2020
2022: €44k▼ -7.6% vs 2021
2023: €42k▼ -3.6% vs 2022
2024: €40k▼ -4.8% vs 2023
2025: €37k▼ -7.5% vs 2024lowest in 7 years
2019 → 2025
Net result
€-3k▼ 48.4%
2024 · €-2k
2019: €16khighest in 7 years
2020: €14k▼ -14.6% vs 2019
2021: €885▼ -93.6% vs 2020
2022: €-3k▼ -481% vs 2021lowest in 7 years
2023: €-2k▲ +52.8% vs 2022
2024: €-2k▼ -28.4% vs 2023
2025: €-3k▼ -48.4% vs 2024
2019 → 2025
Working capital
€47k▲ 1.9%
2020 · €46k
2019: €389khighest in 3 years
2020: €46k▼ -88.1% vs 2019lowest in 3 years
2021: €47k▲ +1.9% vs 2020
2019 → 2021
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€47k-€44k▼ 7.1%€42k▼ 3.6%€40k▼ 4.8%€37k▼ 7.5%
2021: €47khighest in 5 years
2022: €44k▼ -7.1% vs 2021
2023: €42k▼ -3.6% vs 2022
2024: €40k▼ -4.8% vs 2023
2025: €37k▼ -7.5% vs 2024lowest in 5 years
Operating result€1k-€-3k€-2k▲ 53.2%€-2k▼ 29.7%€-3k▼ 49.8%
2021: €1khighest in 5 years
2022: €-3k▼ -385% vs 2021lowest in 5 years
2023: €-2k▲ +53.2% vs 2022
2024: €-2k▼ -29.7% vs 2023
2025: €-3k▼ -49.8% vs 2024
Net result€885-€-3k€-2k▲ 52.8%€-2k▼ 28.4%€-3k▼ 48.4%
2021: €885highest in 5 years
2022: €-3k▼ -481% vs 2021lowest in 5 years
2023: €-2k▲ +52.8% vs 2022
2024: €-2k▼ -28.4% vs 2023
2025: €-3k▼ -48.4% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2025 against €2k in 2024; the loss grows.
Key figures and ratios
Solvency
100.0%=
2024 · 100.0%
ROE
-8.2%▼
2024 · -5.1%
ROA
-8.2%▼
2024 · -5.1%
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 25 lines
Balance sheet
Code20242025
Assets
Total assets20/58€40k€37k▼
Current assets29/58€40k€37k▼
Stocks and contracts in progress3€19k€19k=
Stocks30/36€19k€19k=
Amounts receivable within one year40/41€2k€2k=
Other amounts receivable41€2k€2k=
Cash at bank and in hand54/58€19k€16k▼
Equity and liabilities
Total equity and liabilities10/49€40k€37k▼
Equity10/15€40k€37k▼
Contributions10/11€20k€20k=
Reserves13€16k€16k=
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€14k€16k▲
Profit (loss) carried forward14€4k€1k▼
Income statement
Code20242025
Other operating charges640/8€118€120▲
Gross operating margin9900€-2k€-3k▼
Operating profit (loss)9901€-2k€-3k▼
Financial charges65/66B€69€74▲
Recurring financial charges65€69€74▲
Profit (loss) for the period before taxes9903€-2k€-3k▼
Profit (loss) for the period9904€-2k€-3k▼
Profit (loss) for the period to be appropriated9905€-2k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€4k€1k▼
Profit (loss) brought forward from the previous period14P€6k€4k▼
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €186 | €109 | €118 | €120 | ▲ 1.7% |
| Gross operating margin9900 | €1k | €-3k | €-1k | €-2k | €-3k | ▼ 52.9% |
| Operating profit (loss)9901 | €1k | €-3k | €-2k | €-2k | €-3k | ▼ 49.8% |
| Financial charges65/66B | - | €105 | €69 | €69 | €74 | ▲ 6.5% |
| Recurring financial charges65 | €35 | €105 | €69 | €69 | €74 | ▲ 6.5% |
| Profit (loss) for the period before taxes9903 | €1k | €-3k | €-2k | €-2k | €-3k | ▼ 48.4% |
| Income taxes67/77 | €221 | €15 | - | - | - | - |
| Profit (loss) for the period9904 | €885 | €-3k | €-2k | €-2k | €-3k | ▼ 48.4% |
| Profit (loss) for the period to be appropriated9905 | €885 | €-3k | €-2k | €-2k | €-3k | ▼ 48.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €47k | €44k | €42k | €40k | €37k | ▼ 7.5% |
| Current assets29/58 | €47k | €44k | €42k | €40k | €37k | ▼ 7.5% |
| Stocks and contracts in progress3 | €8k | €19k | €19k | €19k | €19k | = |
| Stocks30/36 | - | €19k | €19k | €19k | €19k | = |
| Amounts receivable within one year40/41 | €2k | €2k | €2k | €2k | €2k | = |
| Other amounts receivable41 | - | €2k | €2k | €2k | €2k | = |
| Cash at bank and in hand54/58 | €33k | €23k | €21k | €19k | €16k | ▼ 15.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €47k | €44k | €42k | €40k | €37k | ▼ 7.5% |
| Equity10/15 | €47k | €44k | €42k | €40k | €37k | ▼ 7.5% |
| Contributions10/11 | - | €20k | €20k | €20k | €20k | = |
| Reserves13 | €16k | €16k | €16k | €16k | €16k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | - | - |
| Distributable reserves133 | - | €14k | €14k | €14k | €16k | ▲ 14.4% |
| Profit (loss) carried forward14 | €11k | €8k | €6k | €4k | €1k | ▼ 69.0% |
| Amounts payable17/49 | €221 | - | - | - | - | - |
| Amounts payable within one year42/48 | €221 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €885 | €-3k | €-2k | €-2k | €-3k | ▼ 48.4% |
| Operating cash flow (approximation) | €885 | €-3k | €-2k | €-2k | €-3k | ▼ 48.4% |
| Change in cash | - | €-10k | €-2k | €-2k | €-3k | ▼ 48.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
06-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
18-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
19-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Weakest financial yearnet €-3k
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
2021
21-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
30-06
Financial
Liquidity times 22current ratio 214.57
Current ratio from 9.77 to 214.57; short-term debt falls from €5k to €221.
2020
14-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
17-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
12-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 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, Mol · 1 establishment unit since 2016
Ground area
1,801 m²
Building footprint
538 m²
Parcel 13435C1721/00C000, Flanders. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Progev
since 20162.257.688.262
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13435C1721/00C000 | Flanders | 1,801 m² | 1 · 538 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
AJIPRO
BE 0859.591.927
Andenne · Eq €37,198
ECOLOGIS
BE 0818.193.119
Aywaille · Eq €37,180
Oak Development
BE 0737.447.844
Antwerpen · Eq €37,246
ISM Canonniers Bureaux Projet
BE 0779.474.380
Mons · Eq €37,130
SBGA
BE 1012.180.053
Thuin · Eq €37,116
Of 9,693 companies in sector 68121 we hold annual accounts for 7,385. 4,742 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-10-2016
Fiscal year end30-06
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
Scores and ratios are computed by Checked and are not a credit decision.