Checked.be · Company dossierhttps://checked.be/en/c/progress-p-d-0478228311 · as of 16-10-2026
PROGRESS P.D.
Active
Private limited company (pre-2019) · founded 2002 · active 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.
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
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency100=
equity 99.7% of total assets
Liquidity57+6
short-term debt 0.3% · cash 5.5%
Profitability33+3
return on assets -1.6%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
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 months11-2024: 5.0%12-2024: 5.0%● unchanged vs 11-202401-2025: 5.0%● unchanged vs 12-202402-2025: 5.0%● unchanged vs 01-202503-2025: 5.0%● unchanged vs 02-202504-2025: 5.0%● unchanged vs 03-202505-2025: 5.0%● unchanged vs 04-202506-2025: 5.0%● unchanged vs 05-202507-2025: 5.0%● unchanged vs 06-202508-2025: 4.7%▼ -0.3 percentage points vs 07-2025lowest value09-2025: 4.7%● unchanged vs 08-2025lowest value10-2025: 4.7%● unchanged vs 09-2025lowest value11-2025: 8.9%▲ +4.2 percentage points vs 10-2025highest value12-2025: 8.9%● unchanged vs 11-2025highest value01-2026: 8.9%● unchanged vs 12-2025highest value02-2026: 8.9%● unchanged vs 01-2026highest value03-2026: 8.9%● unchanged vs 02-2026highest value04-2026: 8.9%● unchanged vs 03-2026highest value05-2026: 8.9%● unchanged vs 04-2026highest value06-2026: 8.9%● unchanged vs 05-2026highest value07-2026: 8.9%● unchanged vs 06-2026highest value08-2026: 8.9%● unchanged vs 07-2026highest value09-2026: 8.9%● unchanged vs 08-2026highest value10-2026: 8.9%● unchanged vs 09-2026highest value
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.
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.