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PROGRESS

Active
Private limited companyfounded 199234 yrs activeAvenue Pasteur 6, 1300 Wavre, BelgiumKBO/BCE: BE 0447.900.666
Summary

PROGRESS has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10.2m and a net result of -€31,901. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 95% of 15573 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

History

On 10 July 1992, PROGRESS was incorporated.1 Total assets went from €12.0m in 2018 to €10.4m in 2025 and headcount from 0.3 full-time equivalents in 2018 to 2.6 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2024 and 2025

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
13-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 13 days late
2025
30-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €98,338
Net result €98,338 after one loss-making year.
31-12
Financial Liquidity doublescurrent ratio 55.11
Current ratio from 25.28 to 55.11; short-term debt falls from €393,346 to €179,128.
31-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
27-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Highest result since 2018net €2.9m ▲889%
Net result €2.9m, the highest in the series.
31-12
Financial Liquidity doublescurrent ratio 29.48
Current ratio from 13.56 to 29.48; short-term debt falls from €629,809 to €376,977.
31-12
Financial Equity above €10mEq €10.2m ▲39.2%
3 profitable years in a row build equity to €10.2m.
18-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Back to profitnet €30,950
Net result €30,950 after 2 loss-making years.
Show earlier events
30-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Weakest financial yearnet -€4.4m
Net result drops to -€4.4m, the lowest in the series; recovery starts the following year.
10-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 57 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts

We know of 8 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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