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PROGRESSION DYNAMICS

Dissolved and wound up KBO/BCE: BE 0548.712.766
PROGRESSION DYNAMICS
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Overview

Lifetime

5 annual accounts with figures on one time axis
peak -€7,393 (2018)
-€7,393▲ €2,233
lowest -€2.5m (2015)
€32,892▲ 35.6%
peak €15.7m (2014)
€14.1m▲ 0.2%
€643▲ 301%
Board3 names since 2019
- 
Documentsfilings and deeds
30-08-201930 days late
2018abbreviated format
Gross margin from -€9,626 to -€7,393Result from €24,248 to €32,892Debts from €160 to €643

Key points

from the 2018 annual accounts, the last ones filed

Filings

5 annual accounts 5 late
AprilJune31 JulyOctober201420162018

The 2014 accounts came latest: 31 days after the end of the period.

No scoreTurnover not published (abbreviated format)

Board and ownership

last known board
A
ACTENA
Manager, until 2019
AA
ALWAYS AHEAD
Manager, until 2019
BM
Bruno Machiels
Manager, until 2019
Board & ownership

Recent changes

Dissolution with immediate closure of the liquidation Dissolved and wound up in a single deed · No liquidator appointed · Books and records kept in Destelbergen · General meeting of 17-05-2019 · Gazette deed
Incorporation 3 publications in the Belgian Official Gazette, the last on 13-06-2019 · Gazette deed
All 12 events

Official details

Source: KBO
Status
Dissolved and wound updeed of 13-06-2019
Activity
No activity registered in the KBO
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2018

-€7,393
€32,892
€14.1m
€14.1m
Filing
Filed on 30-08-2019
Financials

Insights on PROGRESSION DYNAMICS

Inactive. The last annual accounts are for financial year 2018. The company was dissolved and wound up in a single deed. No liquidator was appointed. The books and records are kept in Destelbergen.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2018

abbreviated format, filed on 30-08-2019, 30 days late
-€7,393
▲ €2,233
-€10,569
▼ €75
€32,892
▲ 35.6%
€11.7m
▲ 0.3%
100.0%
unchanged
-

Turnover and EBIT margin are not published. The abbreviated format does not require them.

Balance sheet

balance sheet total €14.1m on 31-12-2018
What the company ownsHow it is paid for

in €m

in €m

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20182017201620152014
Balance sheet: assets
20/58 14.1m14.0m14.0m13.3m15.9m
21/28 2.3m2.3m2.3m5.2m15.7m
28 2.3m2.3m2.3m5.2m15.7m
29/58 11.7m11.7m11.7m8.2m224,584
40/41 20,578418,7237,493130,525139,418
40 --419102,850128,525
41 20,578418,7237,07427,67510,893
50/53 1.5m1.5m1.1m--
54/58 10.2m9.8m10.6m8.0m80,520
490/1 ---7,2034,646
Balance sheet: equity and liabilities
10/49 14.1m14.0m14.0m13.3m15.9m
10/15 14.1m14.0m14.0m13.2m15.7m
10/11 15.7m15.7m15.7m15.7m15.7m
100 15.7m15.7m15.7m15.7m15.7m
14 -1.6m-1.7m-1.7m-2.5m-21,668
17/49 643160691150,897234,251
42/48 643160691150,897234,251
44 643160691150,897198,251
440/4 643160691150,897198,251
47/48 ----36,000
Income statement
76A --777,192--
9900 -7,393-9,626-14,573-160,660-43,278
630 ----4,859
640/8 3,1768688681,382348
66A ---2.3m-
9901 -10,569-10,494-15,441-162,042-48,485
75/76B 43,49435,731833,44377327,028
75 43,49435,73156,25177327,028
76B --777,192--
65/66B 331,1081,348192206
65 331,1081,348192206
9903 32,89224,129816,654-2.5m-21,663
67/77 --119-9,0051195
9904 32,89224,248825,659-2.5m-21,668
9905 32,89224,248825,659-2.5m-21,668
Appropriation of the result
9906 -1.6m-1.7m-1.7m-2.5m-21,668
Document PDFPDFPDFPDFPDF

Source: Annual accounts 2018 (PDF), filed on 30-08-2019.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2018 annual accounts filed 30 days after the deadline. Filed on 30 August 2019, deadline 31 July 2019 (7 months after the close on 31 December 2018, Companies Code art. 3:10). Source: NBB, 2019-61600309.

Financial year Type Filed Reference Document
31-12-2018 abbreviated format 30-08-2019 2019-61600309 PDF
31-12-2017 abbreviated format 31-08-2018 2018-61900165 PDF
31-12-2016 abbreviated format 30-08-2017 2017-53800156 PDF
31-12-2015 abbreviated format 31-08-2016 2016-58900107 PDF
31-12-2014 abbreviated format 31-08-2015 2015-58000186 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20182017201620152014
-----43,625
-----16,808
---2.9m15.7m
431,520-817,4622.6m7.9m-
11.7m11.7m11.7m8.0m-9,668
100.0%100.0%100.0%98.9%98.5%
---54.020.96
0.000.000.000.010.01
0.2%0.2%5.9%-19.0%-0.1%
0.2%0.2%5.9%-18.8%-0.1%

A ratio outside any meaningful range has been withheld (balance sheet total €14.1m, equity €14.1m).

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.

Insights on PROGRESSION DYNAMICS

The operating result for 2018 is a loss of €10,569, larger than the loss of €10,494 in 2017.

Debt's share of the balance-sheet total stays at 0.0%.

Board & ownership

Mandates through the years

3 names
ACTENA
Manager
ALWAYS AHEAD
Manager
Bruno Machiels
Manager
Earliermandate already running before its first mention
Mandates as a list
  • ACTENA
    • Manager, until 13-06-2019
  • ALWAYS AHEAD
    • Manager, until 13-06-2019
  • Bruno Machiels
    • Manager, until 13-06-2019

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Capital
€15,702,193
Source
2018 annual accounts

Office holders in the KBO →

Network & group

Holdings

own 2018 accounts, the bar shows equity in euros
This companyPROGRESSION DYNAMICS1 holding, 1 country 2018 accounts

Belgium 1 Equity Result

  • BE ACTICOM98.75%no longer active €598,175 result €179,543

Source: list of holdings in its own 2018 accounts. Every holding stands with its own latest accounts.

Holdings through the years

2014 to 2018
Holdings through the years
Name20142015201620172018
ACTICOM 73.75%94.58%98.75%
EFESO BELGIUM 98.33%

Source: list of holdings in its own accounts

Connections & network

See the function holders in the KBO register.

Timeline

Timeline

12 events since 2014
2019
Annual accounts 2018 filed PDFabbreviated format · 30 days late
Dissolution with immediate closure of the liquidationDissolved and wound up in a single deed · No liquidator appointed · Books and records kept in Destelbergen · General meeting of 17-05-20197 points ▸
  • General meeting, 17-05-2019
  • Director resignation, Bruno Machiels (manager)
  • Director resignation, ALWAYS AHEAD (manager)
  • Permanent representative, Didier Brackenier
  • Director resignation, ACTENA (manager)
  • Permanent representative, Marcia De Troyer
  • Power of attorney, Didier Brackenier
  • The deed holds 7 more points.

Open the deed in the Belgian Official Gazette

2018
Annual accounts 2017 filed PDFabbreviated format · 31 days late
2017
Liquidity more than quadruples current ratio 72934.99 The current ratio rises from 16885.24 to 72934.99. Short-term debt falls from €691 to €160.
Annual accounts 2016 filed PDFabbreviated format · 30 days late
2016
Back to profit net €825,659 The net result is €825,659, after 2 loss-making years.
Liquidity more than 312 times current ratio 16885.24 The current ratio rises from 54.02 to 16885.24. Short-term debt falls from €150,897 to €691.
Annual accounts 2015 filed PDFabbreviated format · 31 days late
2015
Weakest financial year net -€2.5m The net result drops to -€2.5m, the lowest from 2014 to 2018.
Liquidity more than 56 times current ratio 54.02 The current ratio rises from 0.96 to 54.02. Short-term debt falls from €234,251 to €150,897.
Annual accounts 2014 filed PDFabbreviated format · 31 days late
2014
Incorporation PDF3 publications in the Belgian Official Gazette, the last on 13-06-2019

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

PROGRESSION DYNAMICS has filed 5 sets of annual accounts, the latest for financial year 2018.1 In 2019 the company was dissolved and its liquidation closed in a single deed.2

  1. 1National Bank, annual accounts 2018
  2. 2Belgian Official Gazette, 13-06-2019

Company details

Inactive

Dissolved and wound up

PROGRESSION DYNAMICS is no longer in the KBO register.

Status
Inactive
Reason
Dissolved and wound up in a single deedBelgian Official Gazette, 13 June 2019 · deed
Last annual accounts
financial year to 31 December 2018
Last registered office
Havenlaan 86C, Bus 105, Tour & Taxis, 1000 Brusselas published on 13 June 2019
Legal form
CVBA
First annual accounts
financial year 2014
Official KBO record

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