PROGRESS COMMUNICATIONS
ActiveSummary
PROGRESS COMMUNICATIONS has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €143k and a net result of €-14k. Equity is growing by ~33.5% per year across the filed fiscal years. Its solvency ranks better than 43% of 8692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability13▼-63
Solvency70▼-9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 2.01 against 2.01 in 2024; short-term debt: 46.9% and cash: 35.1% of total assets), but 54.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
15 d early
2023
29 d early
2022
92 d late
2021
26 d late
2020
on the day
2019
109 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€143k▼ 8.9%
2024 · €157k
2018: €25k
2019: €34k▲ +39.1% vs 2018
2020: €49k▲ +43.8% vs 2019
2021: €-24k▼ -149% vs 2020lowest in 8 years
2022: €61k▲ +358% vs 2021
2023: €140k▲ +127% vs 2022
2024: €157k▲ +12.6% vs 2023highest in 8 years
2025: €143k▼ -8.9% vs 2024
2018 → 2025
Total assets
€317k▲ 8.2%
2024 · €293k
2018: €161klowest in 8 years
2019: €199k▲ +23.7% vs 2018
2020: €226k▲ +13.3% vs 2019
2021: €270k▲ +19.7% vs 2020
2022: €273k▲ +0.8% vs 2021
2023: €295k▲ +8.1% vs 2022
2024: €293k▼ -0.6% vs 2023
2025: €317k▲ +8.2% vs 2024highest in 8 years
2018 → 2025
Net result
€-14k
2024 · €18k
2018: €-109klowest in 8 years
2019: €10k▲ +109% vs 2018
2020: €15k▲ +55.8% vs 2019
2021: €-73k▼ -588% vs 2020
2022: €85k▲ +217% vs 2021highest in 8 years
2023: €78k▼ -8.3% vs 2022
2024: €18k▼ -77.5% vs 2023
2025: €-14k▼ -179% vs 2024
2018 → 2025
Working capital
€149k▲ 9.1%
2024 · €137k
2018: €14klowest in 8 years
2019: €25k▲ +75.9% vs 2018
2020: €43k▲ +71.7% vs 2019
2021: €127k▲ +194% vs 2020
2022: €158k▲ +24.5% vs 2021highest in 8 years
2023: €121k▼ -23.2% vs 2022
2024: €137k▲ +13.0% vs 2023
2025: €149k▲ +9.1% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-24k-€61k€140k▲ 127%€157k▲ 12.6%€143k▼ 8.9%
2021: €-24klowest in 5 years
2022: €61k▲ +358% vs 2021
2023: €140k▲ +127% vs 2022
2024: €157k▲ +12.6% vs 2023highest in 5 years
2025: €143k▼ -8.9% vs 2024
Operating result€-66k-€92k€108k▲ 17.7%€32k▼ 70.7%€-10k
2021: €-66klowest in 5 years
2022: €92k▲ +240% vs 2021
2023: €108k▲ +17.7% vs 2022highest in 5 years
2024: €32k▼ -70.7% vs 2023
2025: €-10k▼ -130% vs 2024
Net result€-73k-€85k€78k▼ 8.3%€18k▼ 77.5%€-14k
2021: €-73klowest in 5 years
2022: €85k▲ +217% vs 2021highest in 5 years
2023: €78k▼ -8.3% vs 2022
2024: €18k▼ -77.5% vs 2023
2025: €-14k▼ -179% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €10k after €32k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €317k
Fixed assets
€19k ▼ 6.6%
Current assets
€298k ▲ 9.3%
Equity and liabilities €317k
Equity
€143k ▼ 8.9%
Debt
€174k ▲ 27.9%
Debt's share of the balance-sheet total rises from 46.4% to 54.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-5k▼
2024 · €37k
Cash flow
€-9k▼
2024 · €22k
Current ratio
2.01▼
2024 · 2.01
Debt to equity
1.21▲
2024 · 0.86
ROE
-9.7%▼
2024 · 11.2%
ROA
-4.4%▼
2024 · 6.0%
Interest coverage
-2.04▼
2024 · 14.77
Debt ≤ 1 year
€149k▲
2024 · €136k
Income taxes
€2k▼
2024 · €12k
Staff costs
€377k▲
2024 · €323k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€293k€317k▲
Fixed assets21/28€20k€19k▼
Intangible fixed assets21€5k€3k▼
Tangible fixed assets22/27€9k€9k▼
Furniture and vehicles24€9k€9k▼
Financial fixed assets28€7k€7k▲
Current assets29/58€273k€298k▲
Amounts receivable within one year40/41€199k€166k▼
Trade receivables40€180k€128k▼
Other amounts receivable41€19k€38k▲
Cash at bank and in hand54/58€54k€111k▲
Deferred charges and accrued income490/1€19k€20k▲
Equity and liabilities
Total equity and liabilities10/49€293k€317k▲
Equity10/15€157k€143k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€137k€123k▼
Amounts payable17/49€136k€174k▲
Amounts payable within one year42/48€136k€149k▲
Trade debts44€74k€86k▲
Suppliers440/4€74k€86k▲
Taxes, remuneration and social security45€61k€62k▲
Taxes450/3€15k€13k▼
Remuneration and social security454/9€46k€49k▲
Other amounts payable47/48€565-
Accrued charges and deferred income492/3-€25k
Income statement
Code20242025
Remuneration, social security and pensions62€323k€377k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▲
Other operating charges640/8€735€818▲
Gross operating margin9900€360k€373k▲
Operating profit (loss)9901€32k€-10k▼
Financial income75/76B€6€1▼
Recurring financial income75€6€1▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€29k€-12k▼
Income taxes67/77€12k€2k▼
Profit (loss) for the period9904€18k€-14k▼
Profit (loss) for the period to be appropriated9905€18k€-14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€137k€123k▼
Profit (loss) brought forward from the previous period14P€119k€137k▲
Social balance
Average headcount (FTE)90876.06.4▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €320k | €320k | €354k | €323k | €377k | ▲ 16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €2k | €4k | €5k | €5k | ▲ 0.9% |
| Other operating charges640/8 | €1k | €1k | €949 | €735 | €818 | ▲ 11.3% |
| Gross operating margin9900 | €262k | €415k | €467k | €360k | €373k | ▲ 3.6% |
| Operating profit (loss)9901 | €-66k | €92k | €108k | €32k | €-10k | ▼ 130% |
| Financial income75/76B | €34 | €82 | €3 | €6 | €1 | ▼ 80.5% |
| Recurring financial income75 | €34 | €82 | €3 | €6 | €1 | ▼ 80.5% |
| Financial charges65/66B | €5k | €6k | €4k | €2k | €2k | ▼ 6.2% |
| Recurring financial charges65 | €5k | €6k | €4k | €2k | €2k | ▼ 6.2% |
| Profit (loss) for the period before taxes9903 | €-71k | €86k | €104k | €29k | €-12k | ▼ 141% |
| Income taxes67/77 | €2k | €731 | €26k | €12k | €2k | ▼ 83.3% |
| Profit (loss) for the period9904 | €-73k | €85k | €78k | €18k | €-14k | ▼ 179% |
| Profit (loss) for the period to be appropriated9905 | €-73k | €85k | €78k | €18k | €-14k | ▼ 179% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €270k | €273k | €295k | €293k | €317k | ▲ 8.2% |
| Fixed assets21/28 | €7k | €15k | €18k | €20k | €19k | ▼ 6.6% |
| Intangible fixed assets21 | - | €2k | €5k | €5k | €3k | ▼ 30.3% |
| Tangible fixed assets22/27 | €4k | €7k | €7k | €9k | €9k | ▼ 2.9% |
| Furniture and vehicles24 | €4k | €7k | €7k | €9k | €9k | ▼ 2.9% |
| Financial fixed assets28 | €3k | €6k | €7k | €7k | €7k | ▲ 4.9% |
| Current assets29/58 | €263k | €257k | €276k | €273k | €298k | ▲ 9.3% |
| Amounts receivable within one year40/41 | €205k | €216k | €192k | €199k | €166k | ▼ 16.6% |
| Trade receivables40 | €203k | €213k | €183k | €180k | €128k | ▼ 29.0% |
| Other amounts receivable41 | €2k | €2k | €8k | €19k | €38k | ▲ 99.2% |
| Cash at bank and in hand54/58 | €50k | €24k | €75k | €54k | €111k | ▲ 105% |
| Deferred charges and accrued income490/1 | €8k | €18k | €10k | €19k | €20k | ▲ 7.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €270k | €273k | €295k | €293k | €317k | ▲ 8.2% |
| Equity10/15 | €-24k | €61k | €140k | €157k | €143k | ▼ 8.9% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €-44k | €41k | €119k | €137k | €123k | ▼ 10.2% |
| Amounts payable17/49 | €294k | €211k | €155k | €136k | €174k | ▲ 27.9% |
| Amounts payable after more than one year17 | €130k | €110k | - | - | - | - |
| Financial debts170/4 | €130k | €110k | - | - | - | - |
| Amounts payable within one year42/48 | €136k | €100k | €155k | €136k | €149k | ▲ 9.4% |
| Financial debts43 | - | - | €45k | - | - | - |
| Other loans439 | - | - | €45k | - | - | - |
| Trade debts44 | €65k | €53k | €57k | €74k | €86k | ▲ 16.3% |
| Suppliers440/4 | €65k | €53k | €57k | €74k | €86k | ▲ 16.3% |
| Taxes, remuneration and social security45 | €57k | €42k | €50k | €61k | €62k | ▲ 1.9% |
| Taxes450/3 | €13k | €11k | €16k | €15k | €13k | ▼ 13.2% |
| Remuneration and social security454/9 | €44k | €31k | €34k | €46k | €49k | ▲ 6.8% |
| Other amounts payable47/48 | €15k | €4k | €2k | €565 | - | - |
| Accrued charges and deferred income492/3 | €28k | €1k | - | - | €25k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-73k | €85k | €78k | €18k | €-14k | ▼ 179% |
| + Depreciation and write-downs630 | €7k | €2k | €4k | €5k | €5k | ▲ 0.9% |
| Operating cash flow (approximation) | €-66k | €87k | €82k | €22k | €-9k | ▼ 140% |
| Investment in fixed assets (approximation) | - | €-10k | €-7k | €-7k | €-4k | ▲ 47.0% |
| Change in cash | - | €-26k | €51k | €-21k | €57k | ▲ 378% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-08
State Gazette act
Resignations: Karolien Hessels, Marcomsulta BV and LAMMERS VAN TOORENBURG HOLDING B.VAppointments: Marcomsulta BV, LAMMERS VAN TOORENBURG HOLDING B.V and Mieks · Permanent representatives: Lammers van Toorenburg Charles and Mieke Gielkens · Statutes amendment17 facts ▸
State Gazette act
Resignations: Karolien Hessels, Marcomsulta BV and LAMMERS VAN TOORENBURG HOLDING B.V
Appointments: Marcomsulta BV, LAMMERS VAN TOORENBURG HOLDING B.V and Mieks · Permanent representatives: Lammers van Toorenburg Charles and Mieke Gielkens · Statutes amendment17 facts ▸
- General meeting, 15/07/2026
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Director resignation, Karolien Hessels (director)
- Director appointment, Marcomsulta BV (director)
- Director resignation, Marcomsulta BV (director)
- Director resignation, LAMMERS VAN TOORENBURG HOLDING B.V (director)
- Director discharge, LAMMERS VAN TOORENBURG HOLDING B.V
- Director appointment, LAMMERS VAN TOORENBURG HOLDING B.V (non-statutory director)
- Permanent representative, Lammers van Toorenburg Charles
- +5 further facts in this act
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €150kEq €157k ▲12.6%
3 profitable years in a row build equity to €157k.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €100kEq €140k ▲127%
2 profitable years in a row build equity to €140k.
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 92 days late
2022
31-12
Financial
Back to profitnet €85k
Net result €85k after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 26 days late
2021
31-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
17-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 109 days late
2019
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
Show earlier events
16-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 47 days late
2018
29-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 60 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 57 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 5 acts read
About the unread acts
Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
Mieks
CurrentNon-statutory director · since 15-07-2026 · Private limited company · perm. rep.: Mieke Gielkens
15-07-2026
Mieks: Appointed as Non-statutory director
25-04-2023
Marcomsulta: Reappointed as Director
15-06-2021
Karolien Hessels: Resigned as Director
Not every act has been read: a resignation may be missing here
4 of this company's 5 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2010
Ground area
949 m²
Building footprint
948 m²
Volume, LiDAR
11,726 m³
Parcel 11810K1626/00B004, Flanders · tallest building 20.4 m, ±5 floors. Linked by address, not a title deed.
167
companies at this address
See who is registered here
1 establishment unit
Lange Lozanastraat 142, 2018 Antwerpen
since 20102.185.972.204
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11810K1626/00B004 | Flanders | 949 m² | 1 · 948 m² | 20.4 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Articles of association
Purpose
Alle activiteiten op het vlak van public relations, consulting, media-aankoop en redactioneel werk, de coördinatie van communicatiecampagnes en het organiseren van allerhande…
Full purpose
Alle activiteiten op het vlak van public relations, consulting, media-aankoop en redactioneel werk, de coördinatie van communicatiecampagnes en het organiseren van allerhande evenementen. In algemene zin mag de vennootschap alle roerende, onroerende, commerciële, industriële, financiële of nijverheidshandelingen die rechtstreeks of onrechtstreeks, geheel of gedeeltelijk, kunnen verband houden met de verwezenlijking van haar voorwerp.
Structure & network
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 40,873 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded26-02-2010
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
59201Sound recording
82300Organisation of conventions and trade shows
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.