Skip to content

PROGRESS P.D.

Active
Private limited company (pre-2019)founded 2002active for 24 yearsStationsstraat 163, 2570 Duffel, BelgiumKBO/BCE: BE 0478.228.311
Summary

The computed 12-month bankruptcy probability of PROGRESS P.D. is 8.9% (elevated). For PROGRESS P.D., at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show equity of €170,324 and a net result of -€2,799. Equity remains stable across the filed financial years (±1.9% per year). The company has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known1 site
Size
€170,834total assets 2021
Equity
€170,324
Loss
-€2,799
Turnover not published (micro format)
Financial health
Bankruptcy probabilitywithin 12 months
8.9%
2021 figures too old to score
Structure
Accounts 1173 days overdue1 of 4 deeds read
Signalsraises riskFigures for financial year 2021 (filed 04-08-2022)1 change of registered office in 24 months3 financial years not filed after the legal deadline; 1 of the last 3 lateTwo or more financial years not filedlowers riskFounded in 2002neutralLatest accounts filed on timeShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2021 · tick = 2020
Strong
Solvency 100=
equity 99.7% of total assets
Liquidity 57+6
short-term debt 0.3% · cash 5.5%
Profitability 33+3
return on assets -1.6%
Bankruptcy probability, 12 months
8.9% Elevated
0%0.5%1.5%4%10%≥ 25%

About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 5.0% 12-2024: 5.0%● unchanged vs 11-2024 01-2025: 5.0%● unchanged vs 12-2024 02-2025: 5.0%● unchanged vs 01-2025 03-2025: 5.0%● unchanged vs 02-2025 04-2025: 5.0%● unchanged vs 03-2025 05-2025: 5.0%● unchanged vs 04-2025 06-2025: 5.0%● unchanged vs 05-2025 07-2025: 5.0%● unchanged vs 06-2025 08-2025: 4.7%▼ -0.3 percentage points vs 07-2025lowest value 09-2025: 4.7%● unchanged vs 08-2025lowest value 10-2025: 4.7%● unchanged vs 09-2025lowest value 11-2025: 8.9%▲ +4.2 percentage points vs 10-2025highest value 12-2025: 8.9%● unchanged vs 11-2025highest value 01-2026: 8.9%● unchanged vs 12-2025highest value 02-2026: 8.9%● unchanged vs 01-2026highest value 03-2026: 8.9%● unchanged vs 02-2026highest value 04-2026: 8.9%● unchanged vs 03-2026highest value 05-2026: 8.9%● unchanged vs 04-2026highest value 06-2026: 8.9%● unchanged vs 05-2026highest value 07-2026: 8.9%● unchanged vs 06-2026highest value 08-2026: 8.9%● unchanged vs 07-2026highest value 09-2026: 8.9%● unchanged vs 08-2026highest value 10-2026: 8.9%● unchanged vs 09-2026highest value
Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2021 (filed 04-08-2022)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Founded in 2002
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · 3 financial years not filed after the legal deadline; 1 of the last 3 late
NBB · filings
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2022 year end31-07-2023 deadline16-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 29-07-2022, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
2 days early
2020
34 days late
2019
18 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 17 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Permanent representative: Iris CarsauRegistered-office move
  2. Annual accounts filedfinancial year 2021 · micro…
  3. Annual accounts filedfinancial year 2020 · micro…

Key points

  • Risk: Accounts not fileddeadline was 31-07-2023 1173 days late View
  • Risk: 3 loss-making years in a rowloss financial year 2021 -€2,799 View
  • Active since 2002founded 29-08-2002 24 years View

By topic

Financials

Financial year
2021
Total assets
€170,834
Loss
-€2,799
Solvency
99.7%
Go to Financials

Timeline

Events
20
Since
2007
  1. 31-12-2020Liquidity more than 5 times
  2. 18-08-2020Annual accounts filed
  3. 31-12-2019Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Founded
29-08-2002
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.