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PROGRESSING

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Private limited company·Cafés en bars· 18 yrs active
Vredestraat 223 ·2550 Kontich, Belgium
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BE 0895.910.905
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Turnover€159k+100.4%
EBIT margin-11.1%+22.3pp
Net result€-20k+30.0%
Working capital€-77k-36.3%
Directors1
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Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 07-08-2025 with the NBB · fiscal year 2024 · micro
€-50k€0€50k€100k€150kOperating result 2020: €5k€5kNet result 2020: €-10k€-10kOperating result 2021: €3k€3kNet result 2021: €151€151Operating result 2022: €-13k€-13kNet result 2022: €-14k€-14kRevenue 2023: €79k€79kOperating result 2023: €-27k€-27kNet result 2023: €-28k€-28kRevenue 2024: €159k€159kOperating result 2024: €-18k€-18kNet result 2024: €-20k€-20k20202021202220232024
RevenueOperating resultNet result
Sector comparison
Fiscal year 2024 · NACE 56 — Food & beverage service · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -98.4% 16.6%
better than 10% of 1112 sector peers
Net result €-20k €3k
better than 14% of 1112 sector peers
Equity €-54k €12k
better than 9% of 1115 sector peers
Gross operating margin €-8k €57k
better than 6% of 1112 sector peers
Staff costs €818 €54k
higher than 6% of 825 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€159k
+100.4% 19–24
EBITDA
€-14k
+37.7% 19–24
Net profit
€-20k
+30.0% 19–24
Cash flow
€-16k
+33.5% 19–24
Total assets
€55k
+8.7% 19–24
Equity
€-54k
-58.1% 19–24
Working capital
€-77k
-36.3% 19–24
Employees (FTE)
1
19–24
Staff costs
€818
+4833.5% 19–24
Debt
€109k
+28.6% 19–24
Debt ≤ 1y
€105k
+36.7% 19–24
Debt > 1y
€4k
-49.5% 19–24
Current ratio
0.26
+0.9% 19–24
Quick ratio
0.22
+9.6% 19–24
Solvency
-98.4%
-45.4% 19–24
Debt / equity
-2.02
+18.6% 19–24
ROE
36.7%
-55.7% 19–24
ROA
-36.1%
+35.6% 19–24
Net margin
-12.4%
+65.1% 19–24
EBITDA margin
-9.0%
+68.9% 19–24
Interest coverage
-6.93
+49.3% 19–24
Figures by fiscal year
Fiscal year2024
Revenue€159k
EBITDA€-14k
Net profit€-20k
Cash flow€-16k
Staff costs€818
Income taxes
Dividends
Total assets€55k
Equity€-54k
Debt€109k
of which ≤ 1y€105k
of which > 1y€4k
Working capital€-77k
Employees (FTE)
Ratios (computed)
2024
Current ratio0.26
Quick ratio0.22
Working capital ratio-141.1%
Solvency-98.4%
Debt / equity-2.02
Long-term debt ratio-0.07
Interest coverage-6.93
Gross margin-4.7%
Net margin-12.4%
ROA-36.1%
ROE36.7%
EBITDA margin-9.0%
Days sales outstanding32d
Days payable outstanding62d
Inventory turnover35.22
Days inventory (DSI)10d
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet — Assets
TOTAL ASSETS 20/58€55k
Fixed assets 21/28€27k
Intangible fixed assets 21€20k
Tangible fixed assets 22/27€766
Financial fixed assets 28€7k
Current assets 29/58€27k
Stocks & contracts in progress 3€5k
Amounts receivable within one year 40/41€22k
Cash & bank 54/58€1k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€55k
Equity 10/15€-54k
Contributions / capital 10/11€19k
Accumulated profits (losses) 14€-72k
Amounts payable 17/49€109k
Amounts payable after one year 17€4k
Amounts payable within one year 42/48€105k
Trade debts payable within one year 44€28k
Income statement
Turnover 70€159k
Gross operating margin 9900€-8k
Operating result 9901€-18k
Financial income 75€0
Financial charges 65€2k
Result before taxes 9903€-20k
Net result for the period 9904€-20k
Result to be appropriated 9905€-20k
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Ratios computed by Checked.

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FY 2024 · computed
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050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.