Losses
-€10,042 in four years
Every financial year from 2022 to 2025 closed with a loss. 2022 was the heaviest.
Progev
Lifetime
8 annual accounts with figures on one time axispeak €25,840 (2019)
-€2,840▼ €982
lowest -€3,686 (2018)
-€3,033▼ €989
peak €47,247 (2021)
€37,205▼ 7.5%
-not published
Board3 names since 2018
2 directorsDE MEIRSMAN EDUARD and 1 other
Documentsfilings and deeds
26-01-20265 days before the deadline
2025micro format
Gross margin from -€1,858 to -€2,840Loss of €3,033
Key points
from the 2025 annual accountsFilings
8 annual accounts since 2018
The last five annual accounts were filed 5 to 44 days before the end of the period.
Position in the sector
100.0%
Higher solvency than 95% of companies in real estate. Sector median 28.9% · 17,194 companies.
Turnover not published (abbreviated or micro format)
Checked score
93
Excellent
Financially stronger than 59% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%lowest value
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025highest value
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Loss of €3,033, the second in a row (financial year 2025)
lowers risk
Liquidity: cash €16,236
Sector: Real estate activities (NACE 68)
Equity €37,205 (100.0% of total assets)
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 91% of them on solvency, 98% on liquidity, 19% on profitability and 31% on growth.
The bankruptcy probability was computed on 09-11-2026 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 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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).
Comparable companies, two years later
In July 2024, 6,908 companies had the same profile as Progev has now. Each dot stands for 18 companies, two years later.
90.8%
were still trading
7.8%
stopped another way
1.1%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Progev itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 6,908 companies, not a prediction for Progev. 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
Credit of up to €3,000 on 30-day terms is acceptable
Cash is 43.6% of total assets. 0% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
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 -€3,033
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 days early
2024
25 days early
2023
44 days early
2022
43 days early
2021
41 days early
2020
48 days early
2019
14 days early
← 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 31 days before 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 financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 21 December (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0664761190
Legal-form change · Resignations & appointments
Board composition: DE MEIRSMAN Eduard (director (not named in the articles)) · Board composition: GEVERS Jozef (director (not named in the articles)) · General meeting of 24-07-2024 · Gazette deed
Registered office moved from Dessel to Mol
New registered office: Boeretangsedreef 1 bus 202, 2400 Mol · Previous registered office: Boeretangsedreef 6, 2480 Dessel · General meeting of 02-10-2018 · Gazette deed
Resignation: MARC VANDERGRAESEN (manager)
General meeting of 31-10-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Progev Mol | €37,205 | -€2,840 | 100.0% | - |
| BVN Consulting Antwerp | €35,657 | -€24,186 | -107.9% | - |
| rw-creations Kalmthout | €31,293 | -€5,582 | 7.2% | - |
| Eden Roc Development Heist-op-den-Berg | €41,146 | -€11,399 | -25.9% | - |
| METIS Antwerp | €39,532 | -€8,194 | -254.1% | - |
| Marijn Swinnen Antwerp | €47,552 | -€1,784 | -57.1% | - |
| SARA VERDES Westerlo | €29,893 | -€1,776 | -1359.2% | - |
These companies have the same main activity as Progev: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €29,900 and €47,600, founded between 2016 and 2018.
Official details
Source: KBO- Status
- Active since 18-10-2016Normal situation
- Activity
- Development of residential building projectsNACE 68121and 1 other
- Establishment unit
- 2.257.688.2622400 Mol, since 18-10-2016
- Financial year end
- 30 June
- Peppol
- Reachable since 16-04-2026
Annual accounts to 30-06-2025
- €37,205▼ 7.5%
- Filing
- Filed on 26-01-2026, 5 days before the end of the filing period
Insights on Progev
Progev files the micro format. That format states no turnover. The gross margin fell from €13,894 in 2018 to -€2,840 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 Progev
- What is the company number of Progev?
- The company number of Progev is 0664.761.190. The VAT number is the same number with BE in front: BE 0664.761.190.
- Where is Progev based?
- The registered office is at Boeretangsedreef 1, 2400 Mol.Company details
- What does Progev do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of Progev?
- Progev is a private limited company (BV).
- When was Progev founded?
- Progev was founded on 18-10-2016.
- Is Progev still active?
- Yes, Progev is an active enterprise in the KBO register.
- What is the turnover of Progev?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
- Is Progev profitable?
- In financial year 2025, Progev made a loss of €3,033.
- Where can I find the annual accounts of Progev?
- Progev filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Progev due?
- Progev must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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