PROGRESS ACADEMY
ActiveSummary
PROGRESS ACADEMY has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €38,004 and a net result of -€157. Equity is shrinking by ~12.8% per year across the filed fiscal years. Its solvency ranks better than 60% of 2550 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- PROGRESS ACADEMY
- Legal form clauseThe legal form, such as BV, NV or CV, which decides which company-law rules apply.
- Besloten vennootschap
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- Vlaams Gewest
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- 1, met of zonder beperking van duurAlgemene vergadering, onbepaalde duur
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Fourth Saturday of June at 18:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- Ontbinding om welke reden en op welk ogenblik ook, bestuurder(s) in functie als vereffenaar(s) krachtens statuten indien geen andere…