Equity
€534,531 ▲ 73.6%
Equity rose in 2025 from €307,834 to €534,531.
ProgressWays
Overview
Lifetime
2 annual accounts with figures on one time axisGross marginpeak €418,151 (2024)
€313,074▼ 25.1%
Resultpeak €302,834 (2024)
€226,697▼ 25.1%
Equitypeak €534,531 (2025)
€534,531▲ 73.6%
Debts
€185,171▲ 53.6%
Board1 name since 2024
1 directorLALLEMAND Luc Emile Guillaume
Documentsfilings and deeds
08-09-202639 days late
2025micro format
Gross margin from €418,151 to €313,074Result from €302,834 to €226,697Equity from €307,834 to €534,531Debts from €120,538 to €185,171Cash from €345,421 to €620,870
Key points
from the 2025 annual accountsDebts
€185,171 ▲ 53.6%
Debts rose by €64,633 in 2025.
Position in the sector
€226,697
Higher net result than 95% of companies in head offices and management consultancy. Sector median €27,167 · 39,351 companies.
2025 accounts filed 39 days after the deadline
Checked score
98
Excellent
Financially stronger than 81% 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 48,551 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
04-2025: 0.4%
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025highest value
07-2025: < 0.1%▼ -0.4 percentage points vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
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 01-2026lowest value
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
raises risk
Last filed accounts filed 39 days late; 1 of the last 3 accounts late
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Liquidity: current ratio 3.56, cash €620,870
Size: total assets €719,702
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 71% of them on solvency, 83% on liquidity, 84% on profitability and 85% on growth.
The bankruptcy probability was computed on 05-11-2026 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, 3,127 companies had the same profile as ProgressWays has now. Each dot stands for 8 companies, two years later.
97.2%
were still trading
1.9%
stopped another way
0.8%
went bankrupt
That fits the bankruptcy probability of ProgressWays itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 3,127 companies, not a prediction for ProgressWays. 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 €50,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 3.56 (2.91 in 2024), above the usual 1.5. Short-term debt is 25.7% and cash 86.3% of total assets. 25.7% 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
Six signals.
lowers riskraises risk
raises risk · Young company
Founded in 2024, 2 years 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
raises risk · 2025 accounts filed 39 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-09-2026, 39 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2025
39 days late
2024
38 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 1 day after 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
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1007493963
Incorporation
Founding capital of €5,000, 100 shares · Founder: LALLEMAND Luc Emile Guillaume (comparant) · Appointment: LALLEMAND Luc Emile Guillaume (director) · published on 27-03-2024 · Gazette deed
First establishment
Haagdoornlaan 1, Wemmel
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| ProgressWays Wemmel | €719,702 | €313,074 | 74.3% | - |
| Retriev Liedekerke | €716,382 | €297,835 | 68.1% | - |
| OAKLANE Sint-Genesius-Rode | €732,667 | €302,611 | 88.3% | - |
| GUERINO Liège | €711,231 | €283,050 | 41.1% | - |
| INNOVATION SHARING Estaimpuis | €774,755 | €293,054 | 38.2% | 0 |
| NOEL INVEST Etalle | €741,352 | €338,442 | 71.1% | - |
| Lamoer Merelbeke-Melle | €813,482 | €338,032 | 76.1% | - |
These companies have the same main activity as ProgressWays: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €711,000 and €813,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 25-03-2024Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.357.925.2901780 Wemmel, since 25-03-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 18-09-2024
Annual accounts 2025
- Gross margin
- €313,074▼ 25.1%
- Turnover
- ≈ €450,000estimated
- Profit
- €226,697▼ 25.1%
- Equity
- €534,531▲ 73.6%
- Total assets
- €719,702▲ 68.0%
- Filing
- Filed on 08-09-2026
Insights on ProgressWays
ProgressWays has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €534,531 and a net result of €226,697.
Its solvency ranks better than 71% of 39,335 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 08-09-2026, 39 days lateGross margin
€313,074
▼ 25.1%
Operating result
€292,972
▼ 27.4%
Profit
€226,697
▼ 25.1%
Working capital
€473,499
▲ 105%
Solvency
74.3%
▲ 2.4 percentage points
Current ratio
3.56
▲ 0.64
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 ≈ €450,000. Estimated: probably between €370,000 and €780,000.
Balance sheet
balance sheet total €719,702 on 31-12-2025What the company ownsHow it is paid for
Change in equityin euro
Change in cashin euro
Position in the sector
Solvency74.3%
Higher than 71% of 39,335 companies in 2025.
Current ratio3.56
Higher than 69% of 38,020 companies in 2025.
Return on assets31.5%
Higher than 72% of 38,492 companies in 2025.
ProgressWays
Middle half of the sector
80% of the sector
Micro accounts in head offices and management consultancy (NACE 70)
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · 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 | |||
Total assets20/58 |
719,702 | 428,372 | |
Fixed assets21/28 |
61,032 | 77,460 | |
Tangible fixed assets22/27 |
61,032 | 77,460 | |
Furniture and vehicles24 |
57,707 | 73,731 | |
Other tangible fixed assets26 |
3,325 | 3,729 | |
Current assets29/58 |
658,670 | 350,912 | |
Amounts receivable within one year40/41 |
37,332 | 5,061 | |
Trade receivables40 |
37,332 | 5,061 | |
Cash at bank and in hand54/58 |
620,870 | 345,421 | |
Deferred charges and accrued income490/1 |
468 | 431 | |
| Balance sheet: equity and liabilities | |||
Total equity and liabilities10/49 |
719,702 | 428,372 | |
Equity10/15 |
534,531 | 307,834 | |
Contributions10/11 |
5,000 | 5,000 | |
Profit (loss) carried forward14 |
529,531 | 302,834 | |
Amounts payable17/49 |
185,171 | 120,538 | |
Amounts payable within one year42/48 |
185,171 | 120,467 | |
Trade debts44 |
- | 240 | |
Suppliers440/4 |
- | 240 | |
Taxes, remuneration and social security45 |
178,466 | 117,313 | |
Taxes450/3 |
178,466 | 117,313 | |
Other amounts payable47/48 |
6,705 | 2,913 | |
Accrued charges and deferred income492/3 |
- | 71 | |
| Income statement | |||
Gross operating margin9900 |
313,074 | 418,151 | |
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 |
20,103 | 14,661 | |
Operating profit (loss)9901 |
292,972 | 403,489 | |
Financial income75/76B |
10,024 | 1,924 | |
Recurring financial income75 |
10,024 | 1,924 | |
Financial charges65/66B |
131 | 859 | |
Recurring financial charges65 |
131 | 95 | |
Non-recurring financial charges66B |
- | 764 | |
Profit (loss) for the period before taxes9903 |
302,865 | 404,554 | |
Income taxes67/77 |
76,168 | 101,720 | |
Profit (loss) for the period9904 |
226,697 | 302,834 | |
Profit (loss) for the period to be appropriated9905 |
226,697 | 302,834 | |
| Appropriation of the result | |||
Profit (loss) to be appropriated9906 |
529,531 | 302,834 | |
Profit (loss) brought forward from the previous period14P |
302,834 | - | |
| Document | |||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 08-09-2026.
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 |
|---|---|---|---|
| EBITDA | 313,074 | 418,151 | |
| Cash flow | 246,799 | 317,496 | |
| Investment in fixed assets | 3,675 | 93,390 | |
| Change in cash | 275,449 | - | |
| Working capital | 473,499 | 230,446 | |
| Solvency | 74.3% | 71.9% | |
| Current ratio | 3.56 | 2.91 | |
| Debt to equity | 0.35 | 0.39 | |
| ROE | 42.4% | 98.4% | |
| ROA | 31.5% | 70.7% | |
| Interest coverage | over 100 | over 100 |
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 | €3,675 | €93,390 |
| Depreciation and write-downs of the year | €20,103 | €14,661 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on ProgressWays
The operating result for 2025 is 27% lower than in 2024.
Debt's share of the balance-sheet total falls from 28.1% to 25.7%. Equity and debt are higher.
Board & ownership
Board
1 director, since incorporationDirector
since 25-03-2024
term without a fixed end
listed in the 2024 annual accounts, filed on 23-06-2025
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 27-03-2024
Mandates through the years
1 name, the dashed line is todayLALLEMAND Luc Emile Guillaume
Director
Director
Board
Mandates as a list
- LALLEMAND Luc Emile Guillaume
- Director, from 25-03-2024 to date
Control
Founder
LALLEMAND Luc Emile Guillaume
This company
ProgressWays
Equity €534,531
Profit €226,697 in 2025
Capital
- Contribution
- €5,000
- Shares
- 100
- Contribution per share
- €50
- Equity per share
- €5,345 in 2025
- Source
- deed of 27-03-2024
Articles of association
deed of 27-03-2024 (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.
- “Voor helft ten laste overdrager en helft ten laste koper(s) naar evenredigheid verworven aantal bij meerdere kopers,ook bij weigering…”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Tuesday of April at 19:00
- 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
Shareholders
At incorporation
deed of 27-03-2024 ↗
- LALLEMAND Luc Emile Guillaume 100 shares (100%) · €5,000 in cash
Network & group
No group
ProgressWays has no parent and no holdings in its annual accounts. LALLEMAND Luc Emile Guillaume is the only director. ProgressWays shares no director with another company.
Timeline
Timeline
6 events since 2024Filings
Financial
Establishments
202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed PDFmicro format · 39 days late
2025
Equity above €500,000 equity €534,531 ▲73.6% With a profit in every financial year since 2024, equity grows to €534,531.
Annual accounts 2024 filed PDFmicro format · 38 days before the deadline
2024
Registered in the Peppol Directory Reachable for e-invoices through 0208:1007493963
IncorporationFounding capital of €5,000, 100 shares · Founder: LALLEMAND Luc Emile Guillaume (comparant) · Appointment: LALLEMAND Luc Emile Guillaume (director) · published on 27-03-20246 points ▸
- Founder, LALLEMAND Luc Emile Guillaume (comparant)
- Founding capital, €5,000, 100 shares
- 100 shares
- Registered office clause, Haagdoornlaan 1, 1780 Wemmel
- Board rule, 1
- Director appointment, LALLEMAND Luc Emile Guillaume
- The deed holds 6 more points.
First establishment Haagdoornlaan 1, Wemmel
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
Company details
Identity
- Enterprise number
- 1007.493.963
- VAT number
- BE 1007.493.963
- Peppol ID
- 0208:1007493963
- Other Peppol ID
- 9925:BE1007493963
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 25-03-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Tuesday of April at 19:00deed of 27-03-2024 (in Dutch)
- Peppol
- Reachable since 18-09-2024Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- ProgressWays in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 27-03-2024 (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 27-03-2024 (in Dutch)
Activities
NACEBEL 202570200
Business and other management consultancy main activity
Codes under NACEBEL 2008
70220
Business consulting main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het beheren van roerende goederen,het verlenen van advies en uitvoeringsdiensten op economisch en financieel gebied,het verwerven,op…”deed of 27-03-2024 (in Dutch)
16 activities
- Het beheren van roerende goederen,het verlenen van advies en uitvoeringsdiensten op economisch en financieel gebied,het verwerven,op permanente of tijdelijke basis,zonder uitsluiting van speculatieve belangen,van elke deelneming in elk type vennootschap. Ze mag in het bijzonder alle roerende goederen of rechten kopen,ruilen en verkopen,beleggen op korte,middellange of lange termijn,beurstransacties uitvoeren,beleggen in grondstoffen en kopen en verkopen op alle financiële markten.
- Het verlenen van diensten,adviesopdrachten,tijdelijk personeel en management,communicatie,management en informatieverwerkingsdiensten aan commerciële of niet-commerciële bedrijven,verenigingen,federaties of organisaties,op het gebied van algemeen management,commercieel management (verkoop en marketing) of operationeel en administratief management.
- Het verlenen van diensten,adviesopdrachten,commerciële bemiddeling,public relations,klantenwerving,onderzoek en het samenbrengen van klanten,leveranciers,dienstverleners of investeerders.
- Het publiceren en verspreiden van artikels en boeken;het geven en organiseren van cursussen en opleidingen,conferenties en seminaries met betrekking tot de hierboven vermelde onderwerpen.
- De vennootschap mag onroerende goederen leasen of onderverhuren,er zakelijke rechten op verwerven of er de volledige eigendom van verwerven met het oog op de vestiging van haar zetel,een bedrijfszetel of de huisvesting van haar bestuurders en hun gezinsleden als hoofdverblijfplaats.
- Alle mogelijke advies- en of dienstenfuncties op het vlak van de recrutering,outsourcing,opleiding;
- Consultancy,opleiding,technische expertise en bijstand om voornoemde gebieden;
- Het uitvoeren van coaching en mentoring opdrachten;
- Het geven van advies en verstrekken van diensten met betrekking tot de organisatie en het beheer van bedrijven die op die domeinen actief zijn,de vertegenwoordiging en het optreden als commercieel tussenpersoon. In het algemeen mag de vennootschap alle commerciële,industriële,financiële,effecten- of vastgoedtransacties uitvoeren die rechtstreeks of onrechtstreeks verband houden met haar voorwerp of die rechtstreeks of onrechtstreeks,geheel of gedeeltelijk,de verwezenlijking van dat voorwerp kunnen vergemakkelijken.
- De vennootschap mag door middel van inbreng,fusie,inschrijving of op gelijk welke andere wijze een belang nemen in elke vennootschap,vereniging of rechtspersoon met een identiek,gelijkaardig of verwant voorwerp of die de ontwikkeling van haar activiteiten kan bevorderen.
- De vennootschap mag een mandaat van bestuurder (zowel uitvoerend als niet uitvoerend),voorzitter van een bestuursorgaan,zaakvoerder of vereffenaar aanvaarden en uitoefenen in om het even welke vennootschap,ongeacht haar voorwerp.
- De vennootschap mag om het even welke activiteit uitoefenen als een commerciële tussenpersoon in de hierboven vermelde gebieden en in om het even welke sectoren waarvan de activiteit momenteel niet gereglementeerd is.
- De vennootschap mag hypotheken of andere zekerheidsrechten verlenen op de activa van de vennootschap of optreden als borg. Ze mag leningen verstrekken aan alle vennootschappen en/of natuurlijke personen en zich voor hen borg stellen,ook door middel van een hypotheek.
- De vennootschap mag alle vastgoedtransacties uitvoeren in de ruimste zin van het woord,en in het bijzonder alle vastgoedactiva beheren,advies verlenen over vastgoedontwikkeling,de uitvoering van vastgoedprojecten verzekeren of coördineren,de veiligheid van de sites coördineren,alle rechten kopen en verkopen,rechten,verbintenissen en eigendomsrechten op onroerende goederen,gebouwen oprichten,inrichten,verfraaien,in gebruik nemen of verhuren,erfpacht- of opstalrechten nemen of toekennen,alle werken uitvoeren om gebouwen rendabel te maken,gronden verkavelen,de nodige wegen aanleggen,alle huurcontracten afsluiten,enzovoort.
- Zij heeft in het algemeen de volle rechtsbekwaamheid om alle handelingen en verrichtingen te voltrekken die een rechtstreeks of onrechtstreeks verband houden met haar voorwerp of welke van die aard zouden zijn dat zij de verwezenlijking van dit voorwerp,rechtstreeks of onrechtstreeks,geheel of ten dele vergemakkelijken.
- Zij kan belangen nemen door associatie,inbreng,fusie,financiële tussenkomst of op gelijk welke andere wijze,in alle vennootschappen,verenigingen of ondernemingen met een identiek,gelijklopend of samenhangend voorwerp met het hare of die van aard kunnen zijn de ontwikkeling van haar onderneming te begunstigen of een bron van afzetten te vormen.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Haagdoornlaan 1 registered office 1780 Wemmel | 25-03-2024 | 2.357.925.290 |
Buildings and parcels at the address
- Ground area
- 761 m²
- Buildings
- 181 m²
- Volume, LiDAR
- 1,256 m³
- Tallest building
- 9.3 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 22005A0132/00P028 | 761 m² | 1 · 181 m² | 9.3 m · 2 |