PROGRESSIVE MECHANICAL ASSISTANCE
The computed 12-month bankruptcy probability of PROGRESSIVE MECHANICAL ASSISTANCE is 0.4% (very low). The 2024 annual accounts show equity of €26k and a net result of €22k. Its solvency ranks better than 81% of 1396 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €26k |
| Net result | €22k |
| Better than sector | 81% |
| Active | 2 yrs |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 76.4% | 43.5% | |
| Net result | €22k | €42k | |
| Equity | €26k | €163k | |
| Gross operating margin | €33k | €72k | |
| Total assets | €34k | €607k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €32k |
| Net profit | €22k |
| Cash flow | €24k |
| Staff costs | - |
| Income taxes | €7k |
| Dividends | - |
| Total assets | €34k |
| Equity | €26k |
| Debt | €8k |
| of which ≤ 1y | €8k |
| of which > 1y | - |
| Working capital | €25k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 4.04 |
| Quick ratio | 4.04 |
| Working capital ratio | 71.7% |
| Solvency | 76.4% |
| Debt / equity | 0.31 |
| Long-term debt ratio | - |
| Interest coverage | 28.96 |
| Gross margin | - |
| Net margin | - |
| ROA | 64.8% |
| ROE | 84.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €34k |
| Fixed assets | 21/28 | €2k |
| Tangible fixed assets | 22/27 | €2k |
| Current assets | 29/58 | €33k |
| Amounts receivable within one year | 40/41 | €26k |
| Cash & bank | 54/58 | €7k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €34k |
| Equity | 10/15 | €26k |
| Contributions / capital | 10/11 | €4k |
| Reserves | 13 | €22k |
| Amounts payable | 17/49 | €8k |
| Amounts payable within one year | 42/48 | €8k |
| Trade debts payable within one year | 44 | €125 |
| Income statement | ||
| Gross operating margin | 9900 | €33k |
| Operating result | 9901 | €30k |
| Financial charges | 65 | €1k |
| Result before taxes | 9903 | €29k |
| Income taxes | 67/77 | €7k |
| Net result for the period | 9904 | €22k |
| Result to be appropriated | 9905 | €22k |
| NACE primary | Head offices & management consulting(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 12-09-2023 |
| Status | Active |
| Postal code | 2170 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11028A0156/00Z003 | Flanders | 496 m² | 1 · 128 m² | 10.3 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
13-03-2026 Registered office moved from Temse to Antwerpen
- Kapelstraat 205/H, 9140 Temse → Jozef Buerbaumstraat 76, 2170 Antwerpen
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Jozef Buerbaumstraat 76, 2170 Antwerpen",
"city": "Antwerpen",
"region": "vlaams_gewest",
"street": "Jozef Buerbaumstraat",
"country": "BE",
"postcode": "2170",
"box_number": null,
"street_number": "76",
"locality_suffix": null
},
"old_address": {
"raw": "Kapelstraat 205/H, 9140 Temse",
"city": "Temse",
"region": "vlaams_gewest",
"street": "Kapelstraat",
"country": "BE",
"postcode": "9140",
"box_number": "H",
"street_number": "205",
"locality_suffix": null
},
"effective_date": "2026-01-01",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2026-03-13",
"filing_date": "2026-03-05",
"act_kind_objet": "Zetel (zetelverplaatsing)"
},
"decision": {
"body": "bijzondere_algemene_vergadering",
"date": "2026-01-31",
"unanimous": null
},
"subject_company": {
"kbo": "0805.729.213",
"name_full": "PROGRESSIVE MECHANICAL ASSISTANCE",
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Maarten Van Bastelaer",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": []
}14-09-2023 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "9140 Steendorp, Kapelstraat 205/H",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": null,
"name": "VAN BASTELAER Maarten Marcel Godelief",
"niss": null,
"address": "9140 Temse, Kapelstraat 205/H"
},
"share_class": "Aandelen",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 4000,
"holder_person_name": "VAN BASTELAER Maarten Marcel Godelief",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 4000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 4000,
"subject_company": {
"kbo": "0805.729.213",
"name_full": "PROGRESSIVE MECHANICAL ASSISTANCE",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2023-09-12",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | PROGRESSIVE MECHANICAL ASSISTANCE |
| AbbreviationNL | P.M.A. |