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PROGRESS CONSULTING

Dissolved and wound up on 16-02-2022 KBO/BCE: BE 0883.246.663

Overview

Lifetime

14 annual accounts with figures on one time axis
peak €111,707 (2020)
€11,107▼ 90.1%
lowest -€8,893 (2007)
€5.4m▲ 125×
peak €5.6m (2021)
€5.6m▲ 35×
€541,473▲ 22.6%
Board2 names since 2022
- 
Owners
  
Documentsfilings and deeds
08-02-2022112 days before the deadline
2021micro format
Gross margin from €111,707 to €11,107Result from €43,179 to €5.4mEquity from €159,632 to €5.6mDebts from €441,691 to €541,473

Key points

from the 2021 annual accounts, the last ones filed

Equity

€5.6m ▲ 35×
€160,0002020€5.6m2021

Equity rose in 2021 from €159,632 to €5.6m.

Liquidity

4.45 was 0.03 in 2020

Short-term debts rose from €41,691 to €541,473.

Filings

14 annual accounts since 2007
deadline201020152020

Three of the last ten came late. The 2015 accounts came latest: 25 days after the end of the period.

No scoreNet result +12,428%: 12-month year

Board and ownership

last known board
CP
Director, until 2022
JV
Johan Van Mieghem
Auditor
Board & ownership

Recent changes

Dissolution with immediate closure of the liquidation Dissolved and wound up in a single deed on 16-02-2022 · Appointment: Johan Van Mieghem (company auditor) · Resignation: Coryn Patrick (director) · Gazette deed
Capital increase of €49,000 to €70,000 Capital from €21,000 to €70,000, 490 new shares · Contribution: Coryn Patrick · General meeting of 14-04-2019 · Gazette deed
Deed on restructuring Capital €21,000, annual accounts 2015 · Gazette deed
Incorporation 10 publications in the Belgian Official Gazette, the last on 08-03-2022 · Gazette deed
All 25 events

Official details

Source: KBO
Status
Dissolved and wound up on 16-02-2022deed of 08-03-2022
Activity
No activity registered in the KBO
Financial year end
31 October
Peppol
Not found in the Peppol Directory
Company details

Annual accounts to 31-10-2021

€11,107▼ 90.1%
≈ €85,000estimated
€5.4m▲ 125×
€5.6m▲ 35×
€6.1m▲ 916%
Filing
Filed on 08-02-2022
Financials

Insights on PROGRESS CONSULTING

Inactive. The last annual accounts are for financial year 2021. The company was dissolved and wound up in a single deed on 16-02-2022.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2021

micro format, filed on 08-02-2022, 112 days before the deadline
€11,107
▼ 90.1%
€10,112
▼ 89.1%
€5.4m
▲ 125×
€1.9m
▲ €1.9m
91.1%
▲ 64.6 percentage points
4.45
▲ 4.42

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €85,000. Estimated: probably between €39,000 and €200,000.

Balance sheet

balance sheet total €6.1m on 31-10-2021
What the company ownsHow it is paid for

in €m

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20212020201820172016201520142013201220112010200920082007
Balance sheet: assets
20/58 6.1m601,32379,23763,04563,90761,08960,19352,29746,97651,67939,89356,75518,33114,285
20 ----------79239399559
21/28 3.7m600,0007,81416,68419,0247,22912,412-7,80414,97910,3816,153399559
22/27 --7644,3849,3801,629332-1,9383,8634,4365,914--
23 --764-7411,629--------
24 ---4,3848,639-332-1,9383,8634,4365,914--
28 3.7m600,0007,05012,3009,6445,60012,080-5,86611,1165,866---
29/58 2.4m1,32371,42346,36144,88353,86047,78152,29739,17236,70029,51250,60217,93213,726
40/41 204,4218842,18429,5573,54717,95010,1475,5059,03817,8464,38519,05115,6851,990
40 8,0467871,57329,5573,54717,95010,1474,6553,66016,3003,81118,07915,6851,513
41 196,37597611----8505,3781,546574972-477
50/53 2.2m-------------
54/58 -43969,23916,80441,33635,91037,63446,79230,13418,85425,12731,5512,24711,726
490/1 -------------10
Balance sheet: equity and liabilities
10/49 6.1m601,32379,23763,04563,90761,08960,19352,29746,97651,67939,89356,75518,33114,285
10/15 5.6m159,63267,45354,32453,47652,24845,69139,26439,36529,58629,24129,22013,86812,107
10/11 70,00070,00021,00021,00021,00021,00021,00021,00021,00021,00021,00021,00021,00021,000
100 70,00070,00021,00021,00021,00021,00021,00021,00021,00021,00021,00021,00021,00021,000
13 5.5m54,50012,500---6,450-------
130/1 ------6,450-------
1319 ------6,450-------
133 5.5m54,50012,500-----------
14 44,69035,13233,95333,32432,47631,24818,24118,26418,3658,5868,2418,220-7,132-8,893
17/49 541,473441,69111,7848,72110,4318,84114,50213,0337,61122,09310,65227,5354,4632,178
17 -400,000------------
170/4 -400,000------------
42/48 541,47341,69111,7848,72110,4318,84114,50213,0337,61122,09310,65227,5354,4632,178
43 --------7-----
430/8 --------7-----
44 -3,5057,5346,7208,7344,15410,40911,3997,36518,5628,15226,2081,9242,178
440/4 -3,5057,5346,7208,7344,15410,40911,3997,36518,5628,15226,2081,9242,178
45 541,47323,0864,2502,0011,6972,3361,5461,634239531--2,539-
450/3 541,47323,0864,2502,0011,6972,3361,5461,634239531--2,539-
47/48 -15,100---2,3512,547--3,0002,5001,327--
Income statement
76A -----6,450--------
9900 11,107111,70721,9097,2579,8997,98020,1486,31913,82911,32410,44022,1552,766-8,173
630 -7644,7604,9965,1438831,6201,9381,9252,0041,6391,639160241
631/4 -------675------
640/8 9954,5132,8093,5151,2251,11215,4001,2042713,1353,2834,005831437
66A -13,322------------
9901 10,11293,10814,340-1,2543,5315,9853,1282,50211,6336,1855,51816,5111,775-8,851
75/76B 6.0m-10,4405,765236,4841081,1801,5392172581342933
75 6.0m-10,4405,765236,4841081,1801,5392172581342933
65/66B 11,35125,6671,9411,4842451,7373,2323344501,0791,7911,2963780
65 11,35125,6671,9411,4842451,7373,2323344501,0791,7911,2963780
9903 6.0m67,44122,8393,0273,30917,18243,34812,7225,3233,98515,3491,767-8,898
67/77 543,07624,2629,7102,1792,0814,175273,4492,9434,9783,964-36-5
9904 5.4m43,17913,1298481,22813,007-23-1019,7793452115,3521,761-8,893
9905 5.4m43,17913,1298481,22813,007-23-1019,7793452115,3521,761-8,893
Appropriation of the result
9906 5.4m77,13246,45333,32432,47631,24818,24118,26418,3658,5868,2418,220-7,132-8,893
691/2 5.4m42,00012,500-----------
6921 5.4m42,00012,500-----------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

Source: Annual accounts 2021 (PDF), filed on 08-02-2022.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-10-2021 micro format 08-02-2022 2022-05100576 PDF
31-10-2020 micro format 31-03-2021 2021-09200284 PDF
31-12-2018 micro format 26-06-2019 2019-22900320 PDF
31-12-2017 abbreviated format 08-08-2018 2018-44100442 PDF
31-12-2016 abbreviated format 27-07-2017 2017-37100486 PDF
31-12-2015 abbreviated format 25-08-2016 2016-47500073 PDF
31-12-2014 abbreviated format 24-08-2015 2015-46100575 PDF
31-12-2013 abbreviated format 26-06-2014 2014-22500184 PDF
31-12-2012 abbreviated format 22-07-2013 2013-33400425 PDF
31-12-2011 abbreviated format 28-07-2012 2012-36000332 PDF
31-12-2010 abbreviated format 09-08-2011 2011-38800422 PDF
31-12-2009 abbreviated format 27-07-2010 2010-34400013 PDF
31-12-2008 abbreviated format 24-07-2009 2009-46300241 PDF
31-12-2007 abbreviated format 05-06-2008 2008-18600074 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20212020201820172016201520142013201220112010200920082007
-93,87219,1003,7428,6746,8684,7484,44013,5588,1897,15718,1501,935-8,610
-43,94317,8895,8446,37113,8901,5971,83711,7042,3491,66016,9911,921-8,652
3.7m600,0001,1402,65616,9387,78015,151-5,866-5,2506,6025,8667,3930-
--52,435-24,5325,426-1,724-9,15816,65811,280-6,273-6,42429,304-9,479-
1.9m-40,36859,63937,64034,45245,01933,27939,26431,56114,60718,86023,06713,46911,548
91.1%26.5%85.1%86.2%83.7%85.5%75.9%75.1%83.8%57.2%73.3%51.5%75.7%84.8%
4.450.036.065.324.306.093.294.015.151.662.771.844.026.30
0.102.770.170.160.200.170.320.330.190.750.360.940.320.18
97.1%27.0%19.5%1.6%2.3%24.9%-0.1%-0.3%24.8%1.2%0.1%52.5%12.7%-73.5%
88.5%7.2%16.6%1.3%1.9%21.3%0.0%-0.2%20.8%0.7%0.1%27.0%9.6%-62.3%

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on PROGRESS CONSULTING

The operating result for 2021 is 89% lower than in 2020 and the lowest since 2017.

Debt's share of the balance-sheet total falls from 73.5% to 8.9%. Equity and debt are higher.

Large changes and their cause
  • 2021 Net result +12,428% on 2020. The previous financial year ran 22 months, this one 12.

Board & ownership

Last board

1 auditor, last change in 2022
Johan Van Mieghem
Company auditor
appointed by deed of 08-03-2022

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
Johan Van Mieghem
Company auditor
Earliermandate already running before its first mention
Mandates as a list
  • Johan Van Mieghem
    • Company auditor, appointed by deed of 08-03-2022, still in office
  • Coryn Patrick
    • Director, until 08-03-2022

See the board, name and registered office on a given date →

Control

Subscriber
This company
PROGRESS CONSULTING
Equity €5.6m
Profit €5.4m in 2021

Capital

Capital
€70,000
Source
deed of 17-04-2019

Shareholders

After the capital increase deed of 17-04-2019 ↗

Network & group

No group

PROGRESS CONSULTING has no parent and no holdings in its annual accounts.

Board mandates elsewhere

2 board mandates
Board mandates of PROGRESS CONSULTINGPROGRESS CONSULTING sits on their board2
Director · 2 locations
Founded in 1985 · 327 FTE (2025) · group We Connect Infra
Director
No longer active · 30 FTE (2019)

Connections & network

Depth

The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

25 events since 2006
2022
Dissolution with immediate closure of the liquidationDissolved and wound up in a single deed on 16-02-2022 · Appointment: Johan Van Mieghem (company auditor) · Resignation: Coryn Patrick (director)7 points ▸
  • Auditor appointment, Johan Van Mieghem (company auditor)
  • Director resignation, Coryn Patrick
  • Director discharge, Coryn Patrick
  • Power of attorney, Coryn Patrick
  • Power of attorney, P & C CONSULT
  • Liquidation closure, 16-02-2022
  • Power of attorney, Erika Redel (ondergetekende notaris)
  • The deed holds 15 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2021 filed PDFmicro format · 112 days before the deadline
2021
Highest result from 2007 to 2021 net €5.4m ▲12,428% The net result of €5.4m is the highest of those years.
Liquidity more than 140 times current ratio 4.45 The current ratio rises from 0.03 to 4.45.
Equity above €5m equity €5.6m ▲3,389% After 6 profitable years in a row, equity reaches €5.6m.
Annual accounts 2020 filed PDFmicro format · 61 days before the deadline
2020
Equity above €150,000 equity €159,632 ▲137% After 5 profitable years in a row, equity reaches €159,632.
2019
Annual accounts 2018 filed PDFmicro format · 35 days before the deadline
Capital increase of €49,000 to €70,000Capital from €21,000 to €70,000, 490 new shares · Contribution: Coryn Patrick · General meeting of 14-04-20194 points ▸
  • General meeting, 14-04-2019
  • Capital increase, €49,000
  • Capital contribution, €49,000
  • 700 shares
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

2018
Annual accounts 2017 filed PDFabbreviated format · 8 days late
2017
Annual accounts 2016 filed PDFabbreviated format · 4 days before the deadline
2016
Annual accounts 2015 filed PDFabbreviated format · 25 days late
2015
Back to profit net €13,007 The net result is €13,007, after 2 loss-making years.
Annual accounts 2014 filed PDFabbreviated format · 24 days late
Deed on restructuring Capital €21,000, annual accounts 2015
2014
Annual accounts 2013 filed PDFabbreviated format · 35 days before the deadline
2013
Annual accounts 2012 filed PDFabbreviated format · 9 days before the deadline
2012
Liquidity more than triples current ratio 5.15 The current ratio rises from 1.66 to 5.15. Short-term debt falls from €22,093 to €7,611.
Annual accounts 2011 filed PDFabbreviated format · 3 days before the deadline
2011
Annual accounts 2010 filed PDFabbreviated format · 9 days late
2010
Annual accounts 2009 filed PDFabbreviated format · 4 days before the deadline
2009
Annual accounts 2008 filed PDFabbreviated format · 7 days before the deadline
2008
Back to profit net €1,761 The net result is €1,761, after one loss-making year.
Annual accounts 2007 filed PDFabbreviated format · 56 days before the deadline
2006
Incorporation PDF10 publications in the Belgian Official Gazette, the last on 08-03-2022

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

A capital increase in 2019 brought the capital to €70,000.1 Total assets went from €79,237 in 2018 to €6.1m in 2021.2 In 2022 PROGRESS CONSULTING was dissolved and its liquidation closed in a single deed.3

  1. 1Belgian Official Gazette, 17-04-2019
  2. 2National Bank, annual accounts 2018 and 2021
  3. 3Belgian Official Gazette, 08-03-2022

Company details

Inactive

Dissolved and wound up on 16 February 2022

PROGRESS CONSULTING is no longer in the KBO register.

Status
Inactive
Reason
Dissolved and wound up in a single deedBelgian Official Gazette, 8 March 2022 · deed
Last annual accounts
financial year to 31 October 2021
Last registered office
Trieststraat 29, Bus 6, 9960 Assenedeas published on 8 March 2022
Legal form
CVBA
First annual accounts
financial year 2007
Official KBO record