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PROGIMMO

Active
Private limited companyfounded 2024active for 1 yearGallifortlei 136, 2100 Antwerpen, BelgiumKBO/BCE: BE 1017.375.788
Summary

PROGIMMO has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.3m and a net result of -€368,105. The computed 12-month bankruptcy probability is 0.3% (very low).

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00506812.

Equity
€2.3m
Total assets
€8.8m
Net result
-€368,105
Working capital
€4.4m

Turnover and EBIT margin not published: the abbreviated format does not require them.

Balance-sheet composition
Assets €8.8m
Fixed assets €11,850
Current assets €8.8m
Equity and liabilities €8.8m
Equity €2.3m
Debt €6.5m
Debt finances 73.7% of the balance-sheet total.
Key figures and ratios
2025 value
Current ratio
2.00
Quick ratio
0.20
Debt to equity
2.80
ROE
-15.9%
ROA
-4.2%
Debt ≤ 1 year
€4.4m
Debt > 1 year
€1.9m

Peer companies

Historical observation

Of the 618 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 96.9% are still going.

  • Medium-sized
  • solvency 10 to 30%
  • a small loss
  • without age
0.6% went bankrupt
2.4% stopped otherwise
96.9% still going

For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 618 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
Filed annual accounts As filed with the NBB · 2025 · 39 lines
Balance sheet Code2025
Assets
Total assets20/58€8.8m
Fixed assets21/28€0.01m
Financial fixed assets28€0.01m
Current assets29/58€8.8m
Stocks and contracts in progress3€7.9m
Stocks30/36€7.9m
Amounts receivable within one year40/41€0.8m
Other amounts receivable41€0.8m
Cash at bank and in hand54/58€0.04m
Deferred charges and accrued income490/1€405
Equity and liabilities
Total equity and liabilities10/49€8.8m
Equity10/15€2.3m
Contributions10/11€0.5m
Reserves13€1.8m
Distributable reserves133€1.8m
Amounts payable17/49€6.5m
Amounts payable after more than one year17€1.9m
Other amounts payable178/9€1.9m
Amounts payable within one year42/48€4.4m
Trade debts44€0.002m
Suppliers440/4€0.002m
Taxes, remuneration and social security45€0.02m
Taxes450/3€0.02m
Other amounts payable47/48€4.4m
Accrued charges and deferred income492/3€0.2m
Income statement Code2025
Other operating charges640/8€0.03m
Gross operating margin9900-€0.02m
Operating profit (loss)9901-€0.05m
Financial income75/76B€0.02m
Recurring financial income75€0.02m
Financial charges65/66B€0.3m
Recurring financial charges65€0.3m
Profit (loss) for the period before taxes9903-€0.4m
Profit (loss) for the period9904-€0.4m
Profit (loss) for the period to be appropriated9905-€0.4m
Appropriation of the result
Profit (loss) to be appropriated9906€0.6m
Profit (loss) brought forward from the previous period14P€0.9m
Transfer to equity691/2€0.6m
To other reserves6921€0.6m

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Other operating charges640/8€29,620
Gross operating margin9900-€18,008
Operating profit (loss)9901-€47,627
Financial income75/76B€23,641
Recurring financial income75€23,641
Financial charges65/66B€344,119
Recurring financial charges65€344,119
Profit (loss) for the period before taxes9903-€368,105
Profit (loss) for the period9904-€368,105
Profit (loss) for the period to be appropriated9905-€368,105
Line2025
Assets
Total assets20/58€8.8m
Fixed assets21/28€0.01m
Financial fixed assets28€0.01m
Current assets29/58€8.8m
Stocks and contracts in progress3€7.9m
Stocks30/36€7.9m
Amounts receivable within one year40/41€0.8m
Other amounts receivable41€0.8m
Cash at bank and in hand54/58€0.04m
Deferred charges and accrued income490/1€405
Equity and liabilities
Total equity and liabilities10/49€8.8m
Equity10/15€2.3m
Contributions10/11€0.5m
Reserves13€1.8m
Distributable reserves133€1.8m
Amounts payable17/49€6.5m
Amounts payable after more than one year17€1.9m
Other amounts payable178/9€1.9m
Amounts payable within one year42/48€4.4m
Trade debts44€0.002m
Suppliers440/4€0.002m
Taxes, remuneration and social security45€0.02m
Taxes450/3€0.02m
Other amounts payable47/48€4.4m
Accrued charges and deferred income492/3€0.2m
Line2025
Profit (loss) for the period9904-€368,105
Operating cash flow (approximation)-€368,105

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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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 abbreviated format 31-08-2026 2026-00506812

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.