PROGRESS FUND
Annual accounts 2015
full format, filed on 19-07-2016, 12 days before the deadline€715
▲ €16,884
-€23,798
▼ €7,629
-€272,567
▼ €2,712
-€90,249
▼ €22,567
-434.9%
▼ 496.9 percentage points
0.19
▼ 0.21
The turnover shown is an estimate from the gross margin.
Turnover ≈ €4,800. Estimated: probably between €2,000 and €12,000.
Balance sheet
balance sheet total €20,750 on 31-12-2015What the company ownsHow it is paid for
in euro
in euro
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
20/58 |
20,750 | 294,184 | 725,209 | 1.4m | 1.7m | 1.0m | 2.2m | 1.6m | |
20 |
- | - | - | - | - | - | 3,921 | 3,921 | |
21/28 |
- | 250,000 | 400,004 | 1.1m | 1.5m | 333,300 | 1.6m | - | |
28 |
0 | 250,000 | 400,004 | 1.1m | 1.5m | 333,300 | 1.6m | 1.1m | |
29/58 |
20,750 | 44,184 | 325,205 | 295,805 | 257,554 | 707,084 | 622,956 | 538,245 | |
29 |
- | - | 89,565 | 89,565 | 100,000 | 669,664 | 450,000 | 450,000 | |
290 |
- | - | 89,565 | 89,565 | 100,000 | 669,664 | - | - | |
291 |
- | - | - | - | - | - | 450,000 | 450,000 | |
40/41 |
4,477 | 32,606 | 230,410 | 200,656 | 142,843 | - | 39,814 | 10,874 | |
40 |
- | - | - | - | - | - | 37,368 | 10,874 | |
41 |
4,477 | 32,606 | 230,410 | 200,656 | 142,843 | - | 2,446 | - | |
54/58 |
16,273 | 11,578 | 5,230 | 3,081 | 1,213 | 1,144 | 133,142 | 77,251 | |
490/1 |
- | - | - | 2,503 | 13,498 | 36,276 | - | 120 | |
| Balance sheet: equity and liabilities | |||||||||
10/49 |
20,750 | 294,184 | 725,209 | 1.4m | 1.7m | 1.0m | 2.2m | 1.6m | |
10/15 |
-90,249 | 182,318 | 452,173 | 1.2m | 1.7m | 401,904 | 1.9m | 1.6m | |
10/11 |
1.3m | 1.3m | 1.3m | 1.3m | 1.7m | 2.0m | 2.0m | - | |
10 |
- | - | - | - | - | - | - | 1.7m | |
100 |
1.3m | 1.3m | 1.3m | 1.3m | 1.7m | 2.0m | 2.0m | 2.0m | |
101 |
- | - | - | - | - | - | - | 260,000 | |
14 |
-1.4m | -1.1m | -830,753 | -91,040 | -25,820 | -1.6m | -124,334 | -96,535 | |
17/49 |
110,999 | 111,866 | 273,036 | 192,337 | 24,035 | 638,480 | 340,141 | 131 | |
42/48 |
110,999 | 111,866 | 273,036 | 192,337 | 24,035 | 638,480 | 340,141 | 131 | |
44 |
- | 868 | 40,965 | 15,344 | 20,486 | 14,500 | 141 | 131 | |
440/4 |
- | 868 | 40,965 | 15,344 | 20,486 | 14,500 | 141 | 131 | |
47/48 |
110,999 | 110,998 | 232,071 | 176,993 | 3,549 | 623,980 | 340,000 | - | |
| Income statement | |||||||||
76A |
- | - | 22 | - | - | 5 | - | - | |
9900 |
715 | -16,169 | -52,407 | -51,564 | -68,450 | -72,508 | -46,908 | -103,005 | |
60/61 |
153 | - | - | - | - | - | - | - | |
62 |
868 | - | - | - | - | - | - | - | |
630 |
- | - | - | - | - | - | - | 1,680 | |
631/4 |
23,645 | - | - | - | - | - | - | - | |
640/8 |
- | - | - | - | - | - | 7,879 | 14,996 | |
66A |
250,000 | 253,655 | 688,415 | 22,163 | - | 1.5m | - | - | |
9901 |
-23,798 | -16,169 | -52,407 | -51,564 | -68,450 | -72,508 | -54,787 | -119,681 | |
75/76B |
1,290 | - | 1,141 | 8,545 | 42,686 | 73,950 | 27,062 | - | |
75 |
1,290 | - | 1,141 | 8,545 | 42,686 | 73,950 | 27,062 | 25,354 | |
65/66B |
59 | 34 | 69 | 54 | 54 | 92 | 61 | - | |
65 |
59 | 34 | 69 | 54 | 54 | 92 | 61 | 36 | |
9903 |
-272,567 | -269,858 | -739,728 | -65,236 | -25,818 | -1.5m | -27,786 | -94,363 | |
67/77 |
- | -3 | -15 | -16 | 2 | 19 | 13 | 2,172 | |
9904 |
-272,567 | -269,855 | -739,713 | -65,220 | -25,820 | -1.5m | -27,799 | -96,535 | |
9905 |
-272,567 | -269,855 | -739,713 | -65,220 | -25,820 | -1.5m | -27,799 | -96,535 | |
| Appropriation of the result | |||||||||
9906 |
-1.4m | -1.1m | -830,753 | -91,040 | -1.6m | -1.6m | -124,334 | -96,535 | |
791/2 |
- | - | - | - | 1.7m | - | - | - | |
691/2 |
- | - | - | - | 1.4m | - | - | - | |
691 |
- | - | - | - | 1.4m | - | - | - | |
| Document | |||||||||
Source: Annual accounts 2015 (PDF), filed on 19-07-2016.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2015 | full format | 19-07-2016 | 2016-32500033 | |
| 31-12-2014 | full format | 24-06-2015 | 2015-21000589 | |
| 31-12-2013 | full format | 08-08-2014 | 2014-41900209 | |
| 31-12-2012 | full format | 26-08-2013 | 2013-49000555 | |
| 31-12-2011 | full format | 28-08-2012 | 2012-50100273 | |
| 31-12-2010 | full format | 30-09-2011 | 2011-56600546 | |
| 31-12-2009 | full format | 15-09-2010 | 2010-54300027 | |
| 31-12-2008 | full format | 02-09-2009 | 2009-75200143 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|
| - | - | - | - | - | - | - | -118,001 | ||
| - | - | - | - | - | - | - | -94,855 | ||
| - | 23,014 | - | - | 1.1m | 150,000 | 487,500 | 1.1m | ||
| 4,695 | 6,348 | 2,149 | 1,868 | 69 | -131,998 | 55,891 | - | ||
| -90,249 | -67,682 | 52,169 | 103,468 | 233,519 | 68,604 | 282,815 | 538,114 | ||
| -434.9% | 62.0% | 62.4% | 86.1% | 98.6% | 38.6% | 84.6% | 100.0% | ||
| 0.19 | 0.39 | 1.19 | 1.54 | 10.72 | 1.11 | 1.83 | - | ||
| - | 0.61 | 0.60 | 0.16 | 0.01 | 1.59 | 0.18 | 0.00 | ||
| - | -148.0% | -163.6% | -5.5% | -1.5% | -366.7% | -1.5% | -5.9% | ||
| - | -91.7% | -102.0% | -4.7% | -1.5% | -141.7% | -1.3% | -5.9% | ||
| - | - | - | - | - | - | - | -3277.81 |
EBIT margin: not included in this filing.
A ratio outside any meaningful range has been withheld (balance sheet total €20,750, equity -€90,249).
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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 FUND
The operating result for 2015 is a loss of €23,798, larger than the loss of €16,169 in 2014.
Equity is negative. Debt (€110,999) exceeds the balance-sheet total (€20,750).