Turnover
≈ €40,000 estimated
The micro format states no turnover.
Progone
Lifetime
19 annual accounts with figures on one time axis, 32 filings since 1992peak €40,494 (2023)
€10,799▼ 73.3%
lowest -€8,898 (2019)
-€1,063▼ €14,001
peak €39,545 (2023)
€38,482▼ 2.7%
€30,924▲ 4.0%
Board1 name since 2021
1 directorBaudouin LALOY
Documentsfilings and deeds
02-12-2025124 days late
2024micro format
Gross margin from €40,494 to €10,799Loss of €1,063Reappointment: Baudouin LALOY (director) 24-01Cash from €1,533 to €15,699
Key points
from the 2024 annual accountsInvestments
€12,536 1.8 × depreciation
Green is investment, beige is depreciation.
Filings
32 annual accounts 102 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Checked score
55
Fair
Financially stronger than 50% of micro companies in crop and animal production (NACE 01)
Probability in this band: 1.5% to 4.2%
A confirmed filing finding caps the score at 59.
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 5,696 companies (NACE 01, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.7%
01-2025: 1.5%▲ +0.8 percentage points vs 12-2024
02-2025: 1.0%▼ -0.5 percentage points vs 01-2025
03-2025: 1.0%● unchanged vs 02-2025
04-2025: 1.0%● unchanged vs 03-2025
05-2025: 1.0%● unchanged vs 04-2025
06-2025: 0.9%▼ -0.1 percentage points vs 05-2025
07-2025: 1.1%▲ +0.2 percentage points vs 06-2025
08-2025: 1.4%▲ +0.3 percentage points vs 07-2025
09-2025: 1.5%▲ +0.1 percentage points vs 08-2025
10-2025: 1.9%▲ +0.4 percentage points vs 09-2025
11-2025: 1.8%▼ -0.1 percentage points vs 10-2025
12-2025: 2.3%▲ +0.5 percentage points vs 11-2025highest value
01-2026: 0.2%▼ -2.1 percentage points vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026lowest value
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.3%▲ +0.1 percentage points vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.4%▲ +0.1 percentage points vs 09-2026
11-2026: 0.4%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Capped at 59: a confirmed filing finding
1 financial year not filed after the legal deadline; last filed accounts filed 124 days late; 3 of the last 3 accounts late
lowers risk
Founded in 1991
Sector: Crop and animal production, hunting and related service activities (NACE 01)
Liquidity: current ratio 0.75, cash €15,699
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 01, micro). It does better than 68% of them on solvency, 64% on liquidity, 37% on profitability and 30% 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 31-12-2024.
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, 12,322 companies had the same profile as Progone has now. Each dot stands for 31 companies, two years later.
90.3%
were still trading
8.6%
stopped another way
0.7%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Progone itself: 0.4% 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 12,322 companies, not a prediction for Progone. 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 €2,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is insufficient, with a current ratio of 0.75 (0.74 in 2023), below 1. Short-term debt is 44.6% and cash 22.6% of total assets. 44.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 102 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline10-11-2026 today
raises risk · 2024 accounts filed 124 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-12-2025, 124 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
124 days late
2023
177 days late
2022
69 days late
2021
151 days late
2020
61 days late
2019
101 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 114 days after the deadline. In the sector (NACE 01), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0444364423
Reappointment: Baudouin LALOY (director)
“La comptabilité; La fiscalité; Le droit” (deed in French) · Legal-form conversion: from coöperatieve vennootschap met beperkte aansprakelijkheid to private limited company · Gazette deed
Registered office moved from Roux to Colfontaine
New registered office: Rue du Rossignol 37-7340 Colfontaine · Previous registered office: Rue des Bornes 6, 6044 Roux · Board meeting of 28-12-2020 · Gazette deed
First establishment
Rue du Rossignol 37, Colfontaine
Comparable companies
same main activity, similar in size and ageThese companies have the same main activity as Progone: crop and animal production, hunting and related service activities (NACE 01270). They are comparable in size and age: total assets between €68,800 and €103,000, founded between 2021 and 2025.
Official details
Source: KBO- Status
- Active since 11-06-1991Normal situation
- Activity
- Crop and animal production, hunting and related service activitiesNACE 01270and 10 others
- Establishment unit
- 2.053.226.1207340 Colfontaine, since 25-06-1991
- Financial year end
- 31 December
- Peppol
- Reachable since 22-12-2025
Insights on Progone
Progone files the micro format. That format states no turnover. The gross margin fell from €14,262 in 2006 to €10,799 in 2024.
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 Progone
- What is the company number of Progone?
- The company number of Progone is 0444.364.423. The VAT number is the same number with BE in front: BE 0444.364.423.
- Where is Progone based?
- The registered office is at Rue du Rossignol 37, 7340 Colfontaine.Company details
- What does Progone do?
- According to the KBO register, the main activity is crop and animal production, hunting and related service activities (NACE 01270).
- What is the legal form of Progone?
- Progone is a private limited company (BV).
- When was Progone founded?
- Progone was founded on 11-06-1991.
- Is Progone still active?
- Yes, Progone is an active enterprise in the KBO register.
- What is the turnover of Progone?
- The turnover in financial year 2024 is ≈ €40,000. This figure is estimated from the gross margin of €10,799 and 33 comparable companies (NACE 01). It probably lies between €19,000 and €92,000. It is a rough estimate.Financials
- Is Progone profitable?
- In financial year 2024, Progone made a loss of €1,063.
- Where can I find the annual accounts of Progone?
- Progone filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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