Equity
€168,257 ▲ 104%
Equity rose in 2025 from €82,459 to €168,257.
PROGRESSUS
Overview
Lifetime
2 annual accounts with figures on one time axispeak €114,143 (2025)
€114,143▲ 13.0%
peak €85,798 (2025)
€85,798▲ 10.8%
peak €168,257 (2025)
€168,257▲ 104%
€61,272▲ 78.3%
Board1 name since 2023
1 directorVANLEDE Bruno
Documentsfilings and deeds
28-07-20263 days before the deadline
2025micro format
Gross margin from €101,049 to €114,143Equity from €82,459 to €168,257Debts from €34,371 to €61,272Cash from €115,356 to €225,395
Key points
from the 2025 annual accountsTurnover
≈ €190,000 estimated
The micro format states no turnover.
Investments
€2,240 19.2 × depreciation
Green is investment, beige is depreciation.
Checked score
98
Excellent
Financially stronger than 82% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.5%▲ +0.1 percentage points vs 05-2025
07-2025: 0.5%● unchanged vs 06-2025highest value
08-2025: < 0.1%▼ -0.5 percentage points vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025lowest value
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 3.71, cash €225,395
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: total assets €229,529
Equity €168,257 (73.3% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 70% of them on solvency, 83% on liquidity, 84% on profitability and 90% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as PROGRESSUS has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of PROGRESSUS itself is lower: < 0.1% within 12 months. It rests on far more data about PROGRESSUS than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for PROGRESSUS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €16,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.71 (3.4 in 2024), above the usual 1.5. Short-term debt is 26.7% and cash 98.2% of total assets. 26.7% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 28-07-2026, 3 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
3 days early
2024
14 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 9 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1002131843
Incorporation
Founding capital of €5,000, 1,000 shares · Founder: VANLEDE Bruno · Appointment: VANLEDE Bruno (director) · published on 13-11-2023 · Gazette deed
First establishment
Vlieguit 28, Sint-Martens-Latem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PROGRESSUS Sint-Martens-Latem | €229,529 | €114,143 | 73.3% | - |
| INSITIO Sint-Martens-Latem | €182,344 | €102,860 | 81.3% | - |
| Castle Advisory Ghent | €217,958 | €116,373 | 90.4% | - |
| KDC MGMT Ghent | €230,261 | €111,267 | 70.8% | - |
| LVCMD Ghent | €222,158 | €104,206 | 91.3% | - |
| Cloudfirst Beveren-Kruibeke-Zwijndrecht | €218,011 | €122,602 | 80.6% | - |
| MEIMV Deinze | €212,445 | €116,746 | 83.5% | - |
These companies have the same main activity as PROGRESSUS: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €182,000 and €230,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 09-11-2023Normal situation
- Activity
- Business and other management consultancyNACE 70200and 1 other
- Establishment unit
- 2.353.378.9609830 Sint-Martens-Latem, since 09-11-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 20-06-2025
Annual accounts 2025
- €114,143▲ 13.0%
- €85,798▲ 10.8%
- €168,257▲ 104%
- €229,529▲ 96.5%
- Filing
- Filed on 28-07-2026, 3 days before the end of the filing period
Insights on PROGRESSUS
PROGRESSUS has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €168,257 and a net result of €85,798.
Its solvency ranks better than 69% of 39,368 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 28-07-2026, 3 days before the deadline€114,143
▲ 13.0%
€112,995
▲ 13.3%
€85,798
▲ 10.8%
€166,133
▲ 101%
73.3%
▲ 2.7 percentage points
3.71
▲ 0.31
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €190,000. Estimated: probably between €160,000 and €230,000.
Balance sheet
balance sheet total €229,529 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
73.3%
Higher than 69% of 39,368 companies in 2025.
3.71
Higher than 70% of 38,051 companies in 2025.
37.4%
Higher than 78% of 38,523 companies in 2025.
PROGRESSUS
Middle half of the sector
80% of the sector
Micro accounts in head offices and management consultancy (NACE 70)
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
229,529 | 116,830 | |
21/28 |
2,123 | - | |
22/27 |
2,123 | - | |
26 |
2,123 | - | |
29/58 |
227,405 | 116,830 | |
40/41 |
457 | 10 | |
41 |
457 | 10 | |
54/58 |
225,395 | 115,356 | |
490/1 |
1,554 | 1,465 | |
| Balance sheet: equity and liabilities | |||
10/49 |
229,529 | 116,830 | |
10/15 |
168,257 | 82,459 | |
10/11 |
5,000 | 5,000 | |
14 |
163,257 | 77,459 | |
17/49 |
61,272 | 34,371 | |
42/48 |
61,272 | 34,371 | |
44 |
7,328 | 5,100 | |
440/4 |
7,328 | 5,100 | |
45 |
53,945 | 28,344 | |
450/3 |
53,945 | 28,344 | |
47/48 |
- | 927 | |
| Income statement | |||
9900 |
114,143 | 101,049 | |
630 |
117 | - | |
640/8 |
1,032 | 1,290 | |
9901 |
112,995 | 99,759 | |
75/76B |
31 | 150 | |
75 |
31 | 150 | |
65/66B |
2,308 | 2,394 | |
65 |
2,308 | 2,394 | |
9903 |
110,717 | 97,516 | |
67/77 |
24,919 | 20,057 | |
9904 |
85,798 | 77,459 | |
9905 |
85,798 | 77,459 | |
| Appropriation of the result | |||
9906 |
163,257 | 77,459 | |
14P |
77,459 | - | |
| Document | |||
The notes to these accounts have 6 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 28-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 113,111 | - | ||
| 85,915 | - | ||
| 2,240 | - | ||
| 110,038 | - | ||
| 166,133 | 82,459 | ||
| 73.3% | 70.6% | ||
| 3.71 | 3.40 | ||
| 0.36 | 0.42 | ||
| 51.0% | 93.9% | ||
| 37.4% | 66.3% | ||
| 49.00 | - |
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 | 2024 |
|---|---|---|
| Tangible fixed assets | €2,240 | - |
| €117 | - |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on PROGRESSUS
The operating result for 2025 is 13% higher than in 2024.
Debt's share of the balance-sheet total falls from 29.4% to 26.7%. Equity and debt are higher.
Board & ownership
Board
1 director, since incorporationDirector
since 09-11-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 28-07-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 13-11-2023
Mandates through the years
1 name, the dashed line is todayControl
Capital
- Contribution
- €5,000
- Shares
- 1,000
- Contribution per share
- €5
- Equity per share
- €168 in 2025
- Source
- deed of 13-11-2023
Articles of association
deed of 13-11-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of June at 10:00
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Alle machten artikel 2:87 WVV zonder bijzondere machtiging, desgevallend één of meer vereffenaars door algemene vergadering”
Shareholders
At incorporation
deed of 13-11-2023 ↗
- VANLEDE Bruno 1,000 shares (100%) · €5,000 in cash
Network & group
No group
PROGRESSUS has no parent and no holdings in its annual accounts. VANLEDE Bruno is the only director. PROGRESSUS shares no director with another company.
Timeline
Timeline
6 events since 2023Filings
Financial
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 3 days before the deadline
2025
Equity above €150,000 equity €168,257 ▲104% With a profit in every financial year since 2024, equity grows to €168,257.
Annual accounts 2024 filed PDFmicro format · 14 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:1002131843
2023
IncorporationFounding capital of €5,000, 1,000 shares · Founder: VANLEDE Bruno · Appointment: VANLEDE Bruno (director) · published on 13-11-20234 points ▸
- Founder, VANLEDE Bruno
- Founding capital, €5,000, 1,000 shares
- Registered office clause, Sint-Martens-Latem (B-9830 Sint-Martens-Latem), Vlieguit 28
- Director appointment, VANLEDE Bruno
- The deed holds 4 more points.
First establishment Vlieguit 28, Sint-Martens-Latem
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
PROGRESSUS was incorporated on 9 November 2023 as a private limited company by one natural person, with a starting capital of €5,000.12 Since 2023, VANLEDE Bruno has served as director.3 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Company details
Identity
- Enterprise number
- 1002.131.843
- VAT number
- BE 1002.131.843
- Peppol ID
- 0208:1002131843
- Other Peppol ID
- 9925:BE1002131843
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 09-11-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of June at 10:00deed of 13-11-2023 (in Dutch)
- Peppol
- Reachable since 20-06-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- PROGRESSUS in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 13-11-2023 (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 13-11-2023 (in Dutch)
Activities
NACEBEL 202570200
Business and other management consultancy main activity
Codes under NACEBEL 2008
70220
Business consulting main activity
82300
Organisation of conventions and trade shows
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Advies en consulting op vlak van algemeen management en sales management; Waarnemen van bestuuropdrachten en -mandaten; Overige advies op…”deed of 13-11-2023 (in Dutch)
6 activities
- Advies en consulting op vlak van algemeen management en sales management
- Waarnemen van bestuuropdrachten en -mandaten
- Overige advies op gebied van bedrijfsbeheer,adviesbureau op het gebied van bedrijfsbeheer
- Organisatie van congressen en beurzen
- Aanleggen en uitbouwen van roerend en onroerend vermogen
- Toestaan van leningen en kredietopeningen aan ondernemingen of particulieren in de meest ruime zin
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Vlieguit 28 registered office 9830 Sint-Martens-Latem | 09-11-2023 | 2.353.378.960 |
Buildings and parcels at the address
- Ground area
- 734 m²
- Buildings
- 123 m²
- Volume, LiDAR
- 686 m³
- Tallest building
- 6.5 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44064B0907/00D000 | 734 m² | 1 · 123 m² | 6.5 m · 2 |