Turnover
≈ €350,000 estimated
The abbreviated format states no turnover.
Progressio
Overview
Lifetime
1 annual account with figurespeak €223,561 (2025)
€223,561
peak €154,293 (2025)
€154,293
peak €155,293 (2025)
€155,293
€89,683
peak 0 FTE (2025)
0 FTE
Board1 name since 2024
1 directorVERMEULEN Kurt
Documentsfilings and deeds
29-07-20262 days before the deadline
2025abbreviated format
First year with figures
Key points
from the 2025 annual accountsStarting capital
€1,000 100 shares
Financial institution: outside the modelBankruptcy probability: sector outside the model
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Two signals.
raises riskneutral
raises risk · Young company
Founded in 2024, a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
2 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- VERMEULEN Kurt 100 sharesdeed of 28-11-2024
Shares in 1 company, Sinistram
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1016634135
Incorporation
Founding capital of €1,000, 100 shares · Founder: VERMEULEN Kurt (comparant) · Appointment: VERMEULEN Kurt (statutory director) · published on 28-11-2024 · Gazette deed
First establishment
Sparrenhofstraat 198, Sint-Niklaas
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Progressio Sint-Niklaas | €244,976 | €223,561 | 63.4% | 0 |
| Lilland Berlare | €661,673 | €244,571 | 82.9% | 0 |
| JE² Management Lommel | €363,517 | €130,717 | 19.7% | 0 |
| D-INVEST Bree | €349,639 | €338,191 | 74.4% | 0 |
| Pieter Ottevaere Holsbeek | €532,715 | €167,342 | 19.6% | 0 |
| MARLIESVANGESTEL Herselt | €580,751 | €168,021 | 40.4% | 0 |
| LEVEL TRADE Brecht | €332,177 | €127,282 | 23.1% | 0 |
These companies have the same main activity as Progressio: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €332,000 and €662,000, founded between 2023 and 2025.
Official details
Source: KBO- Status
- Active since 26-11-2024Normal situation
- Activity
- Activities of holding companiesNACE 64210and 4 others
- Establishment unit
- 2.367.738.6239100 Sint-Niklaas, since 26-11-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 12-10-2025
Annual accounts 2025
- €154,293
- €155,293
- €244,976
- Filing
- Filed on 29-07-2026, 2 days before the end of the filing period
Insights on Progressio
Progressio is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €155,293 and a net result of €154,293.
Its solvency ranks better than 62% of 6,708 sector peers (NACE 64, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
abbreviated format, filed on 29-07-2026, 2 days before the deadline€155,293
€244,976
€154,293
63.4%
99.4%
63.0%
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance sheet
balance sheet total €244,976 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
63.4%
Higher than 62% of 6,708 companies in 2025.
63.0%
Higher than 95% of 6,673 companies in 2025.
Progressio
Middle half of the sector
80% of the sector
Abbreviated accounts in financial services (NACE 64)
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Staff: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
244,976 | |
21/28 |
51,698 | |
22/27 |
1,698 | |
23 |
1,698 | |
28 |
50,000 | |
29/58 |
193,278 | |
50/53 |
14,816 | |
54/58 |
55,462 | |
490/1 |
123,000 | |
| Balance sheet: equity and liabilities | ||
10/49 |
244,976 | |
10/15 |
155,293 | |
10/11 |
1,000 | |
13 |
154,293 | |
133 |
154,293 | |
17/49 |
89,683 | |
42/48 |
89,683 | |
44 |
17,186 | |
440/4 |
17,186 | |
45 |
67,862 | |
450/3 |
67,862 | |
47/48 |
4,636 | |
| Income statement | ||
9900 |
223,561 | |
630 |
183 | |
640/8 |
1,121 | |
9901 |
222,258 | |
65/66B |
740 | |
65 |
740 | |
9903 |
221,517 | |
67/77 |
67,224 | |
9904 |
154,293 | |
9905 |
154,293 | |
| Appropriation of the result | ||
9906 |
154,293 | |
691/2 |
154,293 | |
6921 |
154,293 | |
| Social balance sheet | ||
9087 |
0 | |
| Document | ||
The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 29-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 29-07-2026 | 2026-00347689 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 51,881 | ||
| 63.4% | ||
| 99.4% | ||
| 63.0% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €1,881 |
| Financial fixed assets | €50,000 |
| €183 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on Progressio
Debt's share of the balance-sheet total is 36.6%.
Board & ownership
Board
1 director, since incorporationStatutory director
appointed by deed of 28-11-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 29-07-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 28-11-2024
Mandates through the years
1 name, the dashed line is todayVERMEULEN Kurt
Statutory director
Statutory director
Board
Mandates as a list
- VERMEULEN Kurt
- Statutory director, appointed by deed of 28-11-2024, still in office
Control
Capital
- Contribution
- €1,000
- Shares
- 100
- Contribution per share
- €10
- Equity per share
- €1,553 in 2025
- Source
- deed of 28-11-2024
Articles of association
deed of 28-11-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Helft overdrager helft koper naar evenredigheid aantal bij meerdere kopers, prijs in oorspronkelijke bekendmaking of bij betwisting door…”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- “TITEL V. ALGEMENE VERGADERING Artikel 18. Organisatie en bijeenroeping Ieder jaar wordt een gewone algemene vergadering van aandeelhouders…”
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Algemene vergadering kan een of meerdere vereffenaars aanduiden, bestuurder(s) in functie bij ontbinding”
Shareholders
At incorporation
deed of 28-11-2024 ↗
- VERMEULEN Kurt 100 shares (100%) · €1,000
Network & group
Holdings
own 2025 accountsThis companyProgressio1 holding, 1 country
2025 accounts
Belgium 1 Equity Result
- BE Sinistram33.33% €5,000 result €109,585
Source: list of holdings in its own 2025 accounts. Every holding stands with its own latest accounts.
Holdings and subsidiaries
1 holdingHoldings 1
Share, source and own figures per holding (1)
- Equity €5,000 Profit of €109,585 in 2025 (profit of €309,629 in 2024)Sourceown accounts 202533.33%
Connections & network
1 current directorThe network starts from the directors of Progressio. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Timeline
4 events since 2024Filings
Establishments
202420252026
2026
Annual accounts 2025 filed NBBabbreviated format · 2 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1016634135
2024
IncorporationFounding capital of €1,000, 100 shares · Founder: VERMEULEN Kurt (comparant) · Appointment: VERMEULEN Kurt (statutory director) · published on 28-11-20246 points ▸
- Founding capital, €1,000, 100 shares
- 100 shares
- Director appointment, VERMEULEN Kurt (statutory director)
- Registered office clause, Sparrenhofstraat 198
- Power of attorney, Rebecca Loontiens
- Founder, VERMEULEN Kurt (comparant)
- The deed holds 6 more points.
First establishment Sparrenhofstraat 198, Sint-Niklaas
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1016.634.135
- VAT number
- BE 1016.634.135
- Peppol ID
- 0208:1016634135
- Other Peppol ID
- 9925:BE1016634135
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 26-11-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- “TITEL V. ALGEMENE VERGADERING Artikel 18. Organisatie en bijeenroeping Ieder jaar wordt een gewone algemene vergadering van aandeelhouders…”deed of 28-11-2024 (in Dutch)
- Peppol
- Reachable since 12-10-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Progressio in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 28-11-2024 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 28-11-2024 (in Dutch)
Activities
NACEBEL 202564210
Activities of holding companies main activity
Codes under NACEBEL 2008
64200
Holdings main activity
68100
Real estate activities
68201
Real estate activities
68203
Real estate rental
70100
Activities of head offices
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het uitvoeren van mandaten van bestuurder of van vereffenaar in andere vennootschappen; De vennootschap mag alle handelingen stellen die…”deed of 28-11-2024 (in Dutch)
7 activities
- Het uitvoeren van mandaten van bestuurder of van vereffenaar in andere vennootschappen;
- De vennootschap mag alle handelingen stellen die verband houden met haar voorwerp of de verwezenlijking ervan vergemakkelijken;
- De vennootschap mag aangewend worden voor het beheer van eigen vermogens en eigen beleggingen;
- De vennootschap mag zich borgstellen en onroerende goederen in pand geven of hypothekeren voor verbintenissen door derde personen aangegaan;
- De vennootschap mag al haar andere goederen in pand geven en aval verlenen in het voordeel van derden;
- De vennootschap mag bestuursmandaten opnemen en bijstand verlenen;
- De vennootschap mag door participatie deelnemen, ongeacht de vorm, in alle bestaande of nog op te richten vennootschappen in België waarvan het voorwerp gelijkvormig of aansluitend zou zijn met het hare.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Sparrenhofstraat 198 registered office 9100 Sint-Niklaas | 26-11-2024 | 2.367.738.623 |
Buildings and parcels at the address
- Ground area
- 368 m²
- Buildings
- 92 m²
- Volume, LiDAR
- 570 m³
- Tallest building
- 10.2 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 46446B0298/00T000 | 368 m² | 1 · 92 m² | 10.2 m · 2 |