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Progress-IT

Active Private limited companyfounded 2023active for 3 yearsRue Laid-Culot, Sauv. 22, 5030 GemblouxKBO/BCE: BE 0798.508.453

Lifetime

3 annual accounts with figures on one time axis
peak €139,610 (2024)
€66,616▼ 52.3%
peak €97,202 (2024)
€41,293▼ 57.5%
peak €236,178 (2025)
€236,178▲ 21.2%
€34,472▼ 9.0%
Board1 name since 2022
1 director
Documentsfilings and deeds
19-08-202619 days late
2025micro format
Gross margin from €139,610 to €66,616Result from €97,202 to €41,293Equity from €194,884 to €236,178

Key points

from the 2025 annual accounts

Equity

€236,178 ▲ 21.2%

Progress-IT has made a profit in every financial year since 2023.

Result

€41,293 ▼ 57.5%
€97,2002024€41,3002025

The result fell in 2025 from €97,202 to €41,293.

Turnover

≈ €130,000 estimated

The micro format states no turnover.

Filings

3 annual accounts 2 late
AprilJune31 JulyOctober202320242025

The 2024 accounts came latest: 27 days after the end of the period.

Position in the sector

€236,178

More equity than 84% of companies in computer programming and consultancy. Sector median €68,850 · 22,046 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 39,274 companies had the same profile as Progress-IT has now. Each dot stands for 99 companies, two years later.

95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 39,274 companies, not a prediction for Progress-IT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 21-11-2022
  • 1,500 sharesdeed of 20-02-2023
  • 1,500 sharesdeed of 20-02-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0798508453
Incorporation Founding capital of €3,000, 3,000 shares · Founder: · Appointment: (director) · published on 20-02-2023 · Gazette deed
First establishment Rue Laid-Culot, Sauv. 22, Gembloux
All 10 events

Comparable companies

same main activity, similar in size and age
Company
Progress-IT Gembloux €270,650 €66,616 87.3% -
LA VOIX ROYALE Forest €286,663 €69,048 63.3% -
CONSULTLY Machelen (Brab.) €249,396 €71,457 49.4% -
ProVivo Ranst €248,766 €64,135 61.9% -
GD Consil Wielsbeke €245,444 €61,262 28.9% -
DASAW Evere €253,479 €77,123 8.9% -
YEM CONSULTING Anderlecht €240,860 €69,361 5.1% -

These companies have the same main activity as Progress-IT: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €241,000 and €287,000, founded between 2022 and 2023.

Official details

Source: KBO
Status
Active since 16-02-2023Normal situation
Activity
Computer consultancy and computer facilities managementNACE 62200and 5 others
Establishment unit
2.342.124.8815030 Gembloux, since 16-02-2023
Financial year end
31 December
Peppol
Reachable since 08-01-2026
Company details

Annual accounts 2025

€270,650▲ 16.3%
Filing
Filed on 19-08-2026
Financials

Insights on Progress-IT

Progress-IT files the micro format. That format states no turnover. The gross margin fell from €133,587 in 2023 to €66,616 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Progress-IT

What is the company number of Progress-IT?
The company number of Progress-IT is 0798.508.453. The VAT number is the same number with BE in front: BE 0798.508.453.
Where is Progress-IT based?
The registered office is at Rue Laid-Culot, Sauv. 22, 5030 Gembloux.Company details
What does Progress-IT do?
According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
What is the legal form of Progress-IT?
Progress-IT is a private limited company (BV).
When was Progress-IT founded?
Progress-IT was founded on 16-02-2023.
Is Progress-IT still active?
Yes, Progress-IT is an active enterprise in the KBO register.
What is the turnover of Progress-IT?
The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €66,616 and 60 comparable companies (NACE 62200). It probably lies between €110,000 and €170,000.Financials
Is Progress-IT profitable?
In financial year 2025, Progress-IT made a profit of €41,293.
Where can I find the annual accounts of Progress-IT?
Progress-IT filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Progress-IT due?
Progress-IT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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