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PROGRESS ENERGY SERVICES

Active
Private limited company (pre-2019)founded 2005active for 21 yearsHarensesteenweg 230, 1800 Vilvoorde, Belgium11 active companies are registered at this addressKBO/BCE: BE 0874.841.416
Summary

PROGRESS ENERGY SERVICES has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.1m and a net result of -€286,100. Equity is growing by about 15% per year across the filed financial years. Its solvency ranks better than 43% of 2,802 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

History

PROGRESS ENERGY SERVICES was incorporated on 4 July 2005.1 Turnover fell from €36.3m in 2020 to €16,659 in 2023.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2020 and 2023

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
27-07
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
2025
15-07
NBB filing Annual accounts filed
financial year 2024 · abbreviated format
2024
31-12
Financial Liquidity more than triplescurrent ratio 12.44
Current ratio from 3.90 to 12.44; short-term debt falls from €614,483 to €429,826.
31-12
Financial Equity above €5mequity €5.4m ▲87.6%
3 profitable years in a row build equity to €5.4m.
25-07
NBB filing Annual accounts filed
financial year 2023 · full format
2023
20-07
NBB filing Annual accounts filed
financial year 2022 · full format
06-06
Gazette deed Appointment: VGD Bedrijfsrevisoren (statutory auditor)
Permanent representative: Jurgen Lelie3 facts ▸
  • General meeting, 30-12-2022
  • Auditor appointment, VGD Bedrijfsrevisoren (statutory auditor)
  • Permanent representative, Jurgen Lelie
2022
31-12
Financial Back to profitnet €7.2m
Net result €7.2m after one loss-making year.
31-12
Financial Liquidity more than triplescurrent ratio 2.39
Current ratio from 0.69 to 2.39; short-term debt falls from €45.4m to €737,260.
31-12
Financial Equity above €2mequity €2.4m
Equity rises from -€4.8m to €2.4m.
29-07
NBB filing Annual accounts filed
financial year 2021 · full format
2021
31-12
Financial Weakest financial yearnet -€6.6m
Net result drops to -€6.6m, the lowest in the series; recovery starts the following year.
Show earlier events
29-07
NBB filing Annual accounts filed
financial year 2020 · full format
2020
31-12
Financial Liquidity more than doubledcurrent ratio 1.31
Current ratio from 0.62 to 1.31.
16-09
NBB filing Annual accounts filed
financial year 2019 · abbreviated format · 47 days late
2019
30-07
NBB filing Annual accounts filed
financial year 2018 · abbreviated format
2018
31-07
NBB filing Annual accounts filed
financial year 2017 · abbreviated format
2017
09-08
NBB filing Annual accounts filed
financial year 2016 · abbreviated format · 9 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 20 annual accounts filed, the latest 10 are here; all 20 are under Financials.
1 of 6 deeds read
About the unread acts

Of the 6 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.

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