Progile
ActiveSummary
Progile has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €177,619 and a net result of €91,559. Equity is growing by ~29.3% per year across the filed fiscal years. Its solvency ranks better than 71% of 20783 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+4
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14,000 at 30 days acceptable
Liquidity ample (current ratio 6.86 against 13.08 in 2023; short-term debt: 11.5% and cash: 6% of total assets), and 21.8% of the assets are financed with debt.
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Signals
Three 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-06-2025, 59 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
59 d early
2023
26 d early
2022
24 d late
2021
30 d late
2020
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average on the deadline day; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€177,619▼ 51.6%
2023 · €366,969
Total assets
€227,164▼ 47.0%
2023 · €428,415
Net result
€91,559▼ 2.5%
2023 · €93,869
Working capital
€153,681▼ 54.6%
2023 · €338,159
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€171,011-€108,590▼ 36.5%€72,799▼ 33.0%€116,645▲ 60.2%€112,921▼ 3.2%
Net result€129,175above the sector's middle half-€78,560above the sector's middle half▼ 39.2%€57,864above the sector's middle half▼ 26.3%€93,869above the sector's middle half▲ 62.2%€91,559above the sector's middle half▼ 2.5%
Equity€136,675within the sector's middle half-€215,235above the sector's middle half▲ 57.5%€273,099above the sector's middle half▲ 26.9%€366,969above the sector's middle half▲ 34.4%€177,619above the sector's middle half▼ 51.6%
Total assets€192,578within the sector's middle half-€303,638above the sector's middle half▲ 57.7%€334,581above the sector's middle half▲ 10.2%€428,415above the sector's middle half▲ 28.0%€227,164within the sector's middle half▼ 47.0%
Debt€55,903-€88,403▲ 58.1%€61,481▼ 30.5%€61,446▼ 0.1%€49,545▼ 19.4%
Working capital€134,651-€208,793▲ 55.1%€266,809▲ 27.8%€338,159▲ 26.7%€153,681▼ 54.6%
Solvency71.0%within the sector's middle half-70.9%within the sector's middle half▼ 0.1pp81.6%above the sector's middle half▲ 10.7pp85.7%above the sector's middle half▲ 4.0pp78.2%within the sector's middle half▼ 7.5pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 3% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €227,164
Fixed assets
€47,245 ▼ 24.1%
Current assets
€179,918 ▼ 50.9%
Equity and liabilities €227,164
Equity
€177,619 ▼ 51.6%
Debt
€49,545 ▼ 19.4%
Debt's share of the balance-sheet total rises from 14.3% to 21.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€129,841▲
2023 · €129,569
Cash flow
€108,479▲
2023 · €106,793
Current ratio
6.86▼
2023 · 13.08
Debt to equity
0.28▲
2023 · 0.17
ROE
51.5%▲
2023 · 25.6%
ROA
40.3%▲
2023 · 21.9%
Interest coverage
38.00▼
2023 · 80.35
Debt ≤ 1 year
€26,237▼
2023 · €27,982
Debt > 1 year
€21,827▼
2023 · €30,992
Income taxes
€25,405▼
2023 · €26,058
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,964 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €341 | €2,439 | €2,646 | €12,924 | €16,920 | ▲ 30.9% |
| Other operating charges640/8 | - | €175 | €532 | €931 | €954 | ▲ 2.4% |
| Gross operating margin9900 | €171,580 | €111,204 | €75,977 | €130,500 | €130,795 | ▲ 0.2% |
| Operating profit (loss)9901 | €171,011 | €108,590 | €72,799 | €116,645 | €112,921 | ▼ 3.2% |
| Financial income75/76B | - | €1 | €276 | €4,895 | €7,459 | ▲ 52.4% |
| Recurring financial income75 | €0 | €1 | €276 | €4,895 | €7,459 | ▲ 52.4% |
| Financial charges65/66B | - | €303 | €135 | €1,613 | €3,417 | ▲ 112% |
| Recurring financial charges65 | €18 | €303 | €135 | €1,613 | €3,417 | ▲ 112% |
| Profit (loss) for the period before taxes9903 | €170,993 | €108,288 | €72,941 | €119,927 | €116,963 | ▼ 2.5% |
| Income taxes67/77 | €41,818 | €29,728 | €15,076 | €26,058 | €25,405 | ▼ 2.5% |
| Profit (loss) for the period9904 | €129,175 | €78,560 | €57,864 | €93,869 | €91,559 | ▼ 2.5% |
| Profit (loss) for the period to be appropriated9905 | €129,175 | €78,560 | €57,864 | €93,869 | €91,559 | ▼ 2.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €192,578 | €303,638 | €334,581 | €428,415 | €227,164 | ▼ 47.0% |
| Fixed assets21/28 | €3,674 | €9,742 | €7,636 | €62,274 | €47,245 | ▼ 24.1% |
| Tangible fixed assets22/27 | €3,644 | €9,712 | €7,606 | €62,244 | €47,215 | ▼ 24.1% |
| Plant, machinery and equipment23 | - | - | - | €451 | €350 | ▼ 22.4% |
| Furniture and vehicles24 | - | €9,712 | €7,166 | €61,533 | €46,786 | ▼ 24.0% |
| Other tangible fixed assets26 | - | - | €440 | €259 | €79 | ▼ 69.4% |
| Financial fixed assets28 | €30 | €30 | €30 | €30 | €30 | = |
| Current assets29/58 | €188,904 | €293,897 | €326,945 | €366,141 | €179,918 | ▼ 50.9% |
| Amounts receivable within one year40/41 | €40,186 | €28,834 | €32,408 | €41,332 | €48,694 | ▲ 17.8% |
| Trade receivables40 | - | €28,798 | €32,398 | €41,299 | €44,831 | ▲ 8.6% |
| Other amounts receivable41 | - | €36 | €11 | €32 | €3,863 | ▲ 11,821% |
| Current investments50/53 | - | €10,000 | €30,000 | €267,853 | €115,683 | ▼ 56.8% |
| Cash at bank and in hand54/58 | €148,311 | €253,552 | €264,027 | €52,424 | €13,730 | ▼ 73.8% |
| Deferred charges and accrued income490/1 | - | €1,510 | €510 | €4,533 | €1,811 | ▼ 60.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €192,578 | €303,638 | €334,581 | €428,415 | €227,164 | ▼ 47.0% |
| Equity10/15 | €136,675 | €215,235 | €273,099 | €366,969 | €177,619 | ▼ 51.6% |
| Contributions10/11 | - | €7,500 | €7,500 | €7,500 | €7,500 | = |
| Reserves13 | €129,175 | €207,735 | €265,599 | €359,469 | €170,119 | ▼ 52.7% |
| Distributable reserves133 | - | €207,735 | €265,599 | €359,469 | €170,119 | ▼ 52.7% |
| Amounts payable17/49 | €55,903 | €88,403 | €61,481 | €61,446 | €49,545 | ▼ 19.4% |
| Amounts payable after more than one year17 | - | - | - | €30,992 | €21,827 | ▼ 29.6% |
| Financial debts170/4 | - | - | - | €30,992 | €21,827 | ▼ 29.6% |
| Amounts payable within one year42/48 | €54,253 | €85,103 | €60,136 | €27,982 | €26,237 | ▼ 6.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €8,851 | €9,165 | ▲ 3.5% |
| Trade debts44 | €2,733 | €3,055 | €4,527 | €3,090 | €776 | ▼ 74.9% |
| Suppliers440/4 | - | €3,055 | €4,527 | €3,090 | €776 | ▼ 74.9% |
| Taxes, remuneration and social security45 | - | €80,541 | €54,002 | €14,719 | €15,460 | ▲ 5.0% |
| Taxes450/3 | - | €80,541 | €54,002 | €14,719 | €15,460 | ▲ 5.0% |
| Other amounts payable47/48 | - | €1,507 | €1,607 | €1,322 | €836 | ▼ 36.8% |
| Accrued charges and deferred income492/3 | - | €3,300 | €1,345 | €2,472 | €1,481 | ▼ 40.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €129,175 | €78,560 | €57,864 | €93,869 | €91,559 | ▼ 2.5% |
| + Depreciation and write-downs630 | €341 | €2,439 | €2,646 | €12,924 | €16,920 | ▲ 30.9% |
| Operating cash flow (approximation) | €129,515 | €80,999 | €60,511 | €106,793 | €108,479 | ▲ 1.6% |
| Investment in fixed assets (approximation) | - | -€8,506 | -€540 | -€67,562 | -€1,892 | ▲ 97.2% |
| Change in cash | - | €105,241 | €10,474 | -€211,603 | -€38,693 | ▲ 81.7% |
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
2025
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 13.08
Current ratio from 5.44 to 13.08; short-term debt falls from €60,136 to €27,982.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
31-12
Financial
Weakest financial yearnet €57,864 ▼26.3%
Net result drops to €57,864, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Equity above €200,000Eq €215,235 ▲57.5%
2 profitable years in a row build equity to €215,235.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Gent · 1 establishment unit since 2019
Ground area
262 m²
Building footprint
82 m²
Volume, LiDAR
44 m³
Parcel 44362B0288/00W018, Flanders · tallest building 1.9 m. Linked by address, not a title deed.
1 establishment unit
Progile
since 20192.291.912.040
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44362B0288/00W018 | Flanders | 262 m² | 1 · 82 m² | 1.9 m |
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.
Recognitions · licences · registrations
Legal Entity Identifier
699400O2IYHMHLG7G647
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Of 16,911 companies in sector 62100 we hold annual accounts for 8,778. 6,770 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
Founded18-07-2019
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
27330Manufacture of electrical equipment
46150Agents in the wholesale of furniture, household goods and hardware
47400Retail sale of information and communication equipment
47789Other retail sale of new goods
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
95290Repair and maintenance of other personal and household goods
E-invoicing
Reachable via Peppol
Peppol ID
0208:0730855705
Registered
19-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.