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PROGRESO

Inactive KBO/BCE: BE 0860.498.579

Information for creditors

Enterprise Court of Antwerp · Official Gazette of 27-09-2019

Opened on 20 September 2019 · moratorium passed on 30 November 2019

Steps, deadlines and articles of law

The procedure

Court
Enterprise Court of Antwerp
Track
Reorganisation by amicable settlement
Docket number
20190041
Moratorium until
30 November 2019 (passed, unless a later judgment extended it)
Delegated judge
Eric Jonkers
Official Gazette
27-09-2019search the document for 2019/148296

Steps for a creditor

  1. Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
  2. An amicable settlement binds only the creditors who sign it. You decide whether you sign.
  3. What you deliver after the opening is not covered by the moratorium. Agree clear payment terms for it.
  4. The file is in RegSol, where you can read the documents of the procedure.

The judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette.

Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.

Follow Follow this reorganisation and you are notified of an extension, the court's approval, the closure or a bankruptcy.

This is general information, not legal advice. If in doubt, your lawyer or your accountant can help.

Lifetime

12 annual accounts with figures on one time axis, 14 filings since 2004
Gross marginpeak €1.7m (2016)
€1.2m▲ 7.3%
Resultlowest -€278,639 (2016)
€74,920▲ €93,855
Equitypeak €612,652 (2018)
€612,652▲ 13.9%
Debts
€727,873▼ 13.0%
Staffpeak 22.2 FTE (2016)
12.7 FTE▼ 9.3%
Owners
4.95%ELEA HR
Documentsfilings and deeds
19-10-2018104 days before the deadline
2018abbreviated format
Back to profit: €74,920Staff from 14 FTE to 12.7 FTEEquity from €537,732 to €612,652Cash from €91,205 to €42,716

Key points

from the 2018 annual accounts, the last ones filed

Staff

12.7 FTE from 22.2 in 2016

Between 2016 and 2018, 43% of the full-time equivalents disappeared.

Filings

14 annual accounts since 2004
deadline200520102015

Nine of the last ten came late. The 2009 accounts came latest: 184 days after the end of the period.

Final months

223 days from reorganisation to bankruptcy
  • 20-09-2019 reorganisation opened
  • 30-04-2020 declared bankrupt
  • 06-05-2020 published in the Official Gazette

No annual accounts were filed for 2019.

No score

Board and ownership

  • Luc Christiaens 90.1%annual accounts 30-06-2016
  • ELEA-PROPERTIES BVBA 4.95%equity €1.1m (2025) · annual accounts 30-06-2016
  • Marianne Dobbels 4.95%annual accounts 30-06-2016
Board & ownership

Recent changes

Listed in the Peppol Directory
Bankruptcy closure (by liquidation) Enterprise Court of Antwerp, Antwerp division · judgment of 07-05-2024 · Bankruptcy
Supervising judge replaced Enterprise Court of Antwerp, Antwerp division · judgment of 19-10-2021 · Bankruptcy
Bankruptcy published Enterprise Court of Antwerp, Antwerp division · judgment of 30-04-2020 · Bankruptcy
All 28 events

Official details

Source: KBO
Status
Inactivedeed of incorporation of 23-09-2003 · bankruptcy closed on 07-05-2024
Activity
No activity registered in the KBO
Financial year end
30 June
Peppol
Reachable since 30-01-2025
Company details

Annual accounts to 30-06-2018

Turnover
≈ €2.1mestimated
Total assets
€1.3m▼ 2.4%
Filing
Filed on 19-10-2018
Financials

Insights on PROGRESO

On 20 September 2019 the court opened a judicial reorganisation. 223 days later came the bankruptcy.

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 PROGRESO

What is the company number of PROGRESO?
The company number of PROGRESO is 0860.498.579. The VAT number is the same number with BE in front: BE 0860.498.579.
What is the legal form of PROGRESO?
Legal form of PROGRESO: BVBA.
Is PROGRESO still active?
No. PROGRESO is inactive in the KBO register.Company details
How many employees did PROGRESO have?
PROGRESO had an average of 12.7 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
What is the turnover of PROGRESO?
The turnover in financial year 2018 is ≈ €2.1m. This figure is estimated from the gross margin of €1.2m and 1,584 comparable companies of the same size. It probably lies between €1.4m and €3.4m. It is a rough estimate. In financial year 2016 turnover was €1.9m.
Is PROGRESO profitable?
In financial year 2018, PROGRESO made a profit of €74,920.
Where can I find the annual accounts of PROGRESO?
PROGRESO filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2018.

Next steps

Keep this company with today's facts in a case file.