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Progev

Active
Private limited companyfounded 20169 yrs activeBoeretangsedreef 1, 2400 Mol, BelgiumKBO/BCE: BE 0664.761.190
Summary

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 2025
Solvency, 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 2025
Net 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 filings
Deviation 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 months
Position in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

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
€-4k€-2k€0€2kOperating result 2021: €1k€1kNet result 2021: €885€885Operating result 2022: €-3k€-3kNet result 2022: €-3k€-3kOperating result 2023: €-2k€-2kNet result 2023: €-2k€-2kOperating result 2024: €-2k€-2kNet result 2024: €-2k€-2kOperating result 2025: €-3k€-3kNet result 2025: €-3k€-3k20212022202320242025€-4k€-3k€-2k€-1k€0Operating result 2023: €-2k€-1.5kNet result 2023: €-2k€-1.6kOperating result 2024: €-2k€-2kNet result 2024: €-2k€-2kOperating result 2025: €-3k€-3kNet result 2025: €-3k€-3k202320242025
The operating result stays negative: a loss of €3k in 2025 against €2k in 2024; the loss grows.
Key figures and ratios
2025 value · change against 2024
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
Line20212022202320242025Change
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%
Line20212022202320242025Change
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-----
Line20212022202320242025Change
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.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
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.

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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
seat establishment The establishment unit on the map
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
Boeretangsedreef 1, 2400 MolReal estate development
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

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.