PROGRESS P.D.
ActiveSummary
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.
Financials · financial year 2021, micro format
2022 annual accounts not yet filed, deadline passed on 31 July 2023 Financial year closed on 31 December 2022; filing due at the latest 7 months after the close (Companies Code art. 3:10). 4 financial years without a filing since the last one filed. Source: NBB filings, as of 26 October 2026.
2018 to 2021, 4 financial years 2018 to 2021, 4 financial years
The operating result stays negative: a loss of €2,799 in 2021 against €4,247 in 2020; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Turnover70 | - | - | €17,349 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €3,470 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,747 | - | - | - | - |
| Gross operating margin9900 | €22,792 | -€3,724 | €1,017 | -€2,799 | - |
| Operating profit (loss)9901 | -€10,814 | -€31,048 | -€4,247 | -€2,799 | ▲ 34.1% |
| Recurring financial income75 | €16,176 | €17,696 | - | - | - |
| Recurring financial charges65 | €3,433 | €776 | - | - | - |
| Profit (loss) for the period before taxes9903 | €1,374 | -€14,161 | -€4,247 | -€2,799 | ▲ 34.1% |
| Income taxes67/77 | - | - | €1,247 | - | - |
| Profit (loss) for the period9904 | €1,374 | -€14,161 | -€5,494 | -€2,799 | ▲ 49.1% |
| Profit (loss) for the period to be appropriated9905 | €1,374 | -€14,161 | -€5,494 | -€2,799 | ▲ 49.1% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €340,380 | €182,826 | €173,977 | €170,834 | ▼ 1.8% |
| Formation expenses20 | - | - | - | €0 | - |
| Fixed assets21/28 | €317,692 | €133,453 | €133,453 | €133,453 | = |
| Tangible fixed assets22/27 | €314,655 | €130,416 | €130,416 | €130,416 | = |
| Land and buildings22 | - | - | - | €81,797 | - |
| Plant, machinery and equipment23 | - | - | - | €1,242 | - |
| Furniture and vehicles24 | - | - | - | €47,377 | - |
| Financial fixed assets28 | €3,037 | €3,037 | €3,037 | €3,037 | = |
| Current assets29/58 | €22,688 | €49,373 | €40,524 | €37,381 | ▼ 7.8% |
| Amounts receivable after more than one year29 | - | - | - | €27,961 | - |
| Other amounts receivable291 | - | - | - | €27,961 | - |
| Stocks and contracts in progress3 | €1,666 | €2,150 | - | - | - |
| Amounts receivable within one year40/41 | €1,236 | €1,265 | €528 | - | - |
| Cash at bank and in hand54/58 | - | €10,296 | €733 | €9,420 | ▲ 13× |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €340,380 | €182,826 | €173,977 | €170,834 | ▼ 1.8% |
| Equity10/15 | €180,227 | €178,616 | €173,122 | €170,324 | ▼ 1.6% |
| Contributions10/11 | €6,200 | €18,750 | €18,750 | €18,750 | = |
| Capital10 | - | - | - | €18,750 | - |
| Issued capital100 | - | - | - | €18,750 | - |
| Reserves13 | €211,007 | €211,007 | €211,007 | €211,007 | = |
| Non-distributable reserves130/1 | - | - | - | €1,232 | - |
| Legal reserve130 | - | - | - | €1,232 | - |
| Distributable reserves133 | - | - | - | €209,775 | - |
| Profit (loss) carried forward14 | -€36,980 | -€51,141 | -€56,635 | -€59,434 | ▼ 4.9% |
| Amounts payable17/49 | €160,153 | €4,210 | €855 | €511 | ▼ 40.3% |
| Amounts payable after more than one year17 | €150,486 | - | - | - | - |
| Amounts payable within one year42/48 | €9,667 | €4,051 | €556 | €511 | ▼ 8.2% |
| Trade debts44 | €8,785 | €4,051 | €556 | €511 | ▼ 8.2% |
| Suppliers440/4 | - | - | - | €511 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,374 | -€14,161 | -€5,494 | -€2,799 | ▲ 49.1% |
| + Depreciation and write-downs630 | €4,747 | - | - | - | - |
| Operating cash flow (approximation) | €6,121 | -€14,161 | -€5,494 | -€2,799 | ▲ 49.1% |
| Investment in fixed assets (approximation) | - | €184,239 | €0 | €0 | - |
| Change in cash | - | - | -€9,563 | €8,687 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2021 | micro format | 29-07-2022 | 2022-20267058 |
| 31-12-2020 | micro format | 03-09-2021 | 2021-66200256 |
| 31-12-2019 | micro format | 18-08-2020 | 2020-42500072 |
| 31-12-2018 | micro format | 06-06-2019 | 2019-16800242 |
| 31-12-2017 | micro format | 03-07-2018 | 2018-29200314 |
| 31-12-2016 | abbreviated format | 30-03-2017 | 2017-08100254 |
| 31-12-2015 | abbreviated format | 19-07-2016 | 2016-34900358 |
| 31-12-2014 | abbreviated format | 18-08-2015 | 2015-44900320 |
| 31-12-2013 | abbreviated format | 25-08-2014 | 2014-47400120 |
| 31-12-2012 | abbreviated format | 29-08-2013 | 2013-56200393 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.