PROGRS
Annual accounts 2025
micro format, filed on 30-07-2026, 1 day before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €79,000. Estimated: probably between €52,000 and €110,000.
Balance sheet
balance sheet total €55,625 on 31-12-2025in euro
in euro
Position in the sector
85.6%
Higher than 86% of 11,794 companies in 2025.
6.31
Higher than 85% of 11,521 companies in 2025.
30.7%
Higher than 79% of 11,605 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
55,625 | 88,094 | 86,633 | 78,567 | 82,333 | 138,730 | 96,168 | 93,035 | 47,857 | 47,014 | 18,257 | 515 | 8,249 | 8,258 | 8,249 | 8,249 | 8,249 | |
21/28 |
5,100 | 2,962 | 2,537 | 12,080 | 19,823 | 31,602 | 9,586 | 17,646 | 20,230 | 26,395 | - | - | - | - | - | - | - | |
22/27 |
5,100 | 2,962 | 2,537 | 12,080 | 19,823 | 31,602 | 9,586 | 17,646 | 20,230 | 26,395 | - | - | - | - | - | - | - | |
24 |
5,100 | 2,962 | 2,537 | 12,080 | 19,823 | 31,432 | 9,246 | 17,135 | 19,549 | 26,395 | - | - | - | - | - | - | - | |
26 |
- | - | - | - | - | 170 | 340 | 511 | 681 | - | - | - | - | - | - | - | - | |
29/58 |
50,525 | 85,132 | 84,096 | 66,487 | 62,509 | 107,127 | 86,581 | 75,389 | 27,627 | 20,619 | 18,257 | 515 | 8,249 | 8,258 | 8,249 | 8,249 | 8,249 | |
3 |
8,204 | 9,265 | 8,813 | 1,156 | 2,408 | 2,583 | 3,266 | 2,253 | 295 | - | - | - | 8,249 | 8,249 | 8,249 | 8,249 | 8,249 | |
30/36 |
8,204 | 9,265 | 8,813 | 1,156 | 2,408 | 2,583 | 3,266 | 2,253 | 295 | - | - | - | 8,249 | 8,249 | 8,249 | 8,249 | 8,249 | |
40/41 |
6,448 | 10,608 | 19,988 | 15,885 | 16,009 | 74,828 | 49,144 | 70,392 | 4,354 | 9,053 | 18,257 | 515 | - | - | - | - | - | |
40 |
6,448 | 8,873 | 19,988 | 15,885 | 9,969 | 63,684 | 22,736 | 64,235 | 2,794 | 3,591 | 18,257 | 515 | - | - | - | - | - | |
41 |
- | 1,735 | - | - | 6,040 | 11,144 | 26,409 | 6,157 | 1,561 | 5,462 | - | - | - | - | - | - | - | |
54/58 |
35,272 | 64,658 | 55,295 | 48,846 | 43,493 | 29,116 | 34,171 | 2,744 | 22,978 | 11,566 | - | - | - | 9 | - | - | - | |
490/1 |
600 | 600 | - | 600 | 600 | 600 | - | - | - | - | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
55,625 | 88,094 | 86,633 | 78,567 | 82,333 | 138,730 | 96,168 | 93,035 | 47,857 | 47,014 | 18,257 | 515 | 8,249 | 8,258 | 8,249 | 8,249 | 8,249 | |
10/15 |
47,621 | 82,721 | 79,067 | 66,222 | 77,002 | 88,970 | 72,617 | 62,048 | 12,860 | 8,101 | -2,371 | -10,039 | -212 | 422 | 760 | 1,167 | 1,263 | |
10/11 |
18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
100 |
- | - | - | - | - | - | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
13 |
29,029 | 70,378 | 70,378 | 70,378 | 70,378 | 70,378 | 54,025 | 43,456 | 1,860 | - | - | - | - | - | - | - | - | |
130/1 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | |
1311 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | |
133 |
29,029 | 70,378 | 70,378 | 68,518 | 68,518 | 68,518 | 52,165 | 41,596 | - | - | - | - | - | - | - | - | - | |
14 |
- | -6,249 | -9,903 | -22,748 | -11,968 | - | - | - | -7,592 | -10,491 | -20,963 | -28,631 | -18,804 | -18,170 | -17,832 | -17,425 | -17,329 | |
17/49 |
8,004 | 5,374 | 7,566 | 12,345 | 5,330 | 49,760 | 23,551 | 30,986 | 34,997 | 38,913 | 20,628 | 10,554 | 8,461 | 7,837 | 7,490 | 7,082 | 6,986 | |
17 |
- | - | - | - | - | - | - | - | 2,413 | 11,919 | - | - | 3,406 | 3,406 | 3,406 | 3,406 | 3,406 | |
170/4 |
- | - | - | - | - | - | - | - | 2,413 | 11,919 | - | - | - | - | - | - | - | |
178/9 |
- | - | - | - | - | - | - | - | - | - | - | - | 3,406 | 3,406 | 3,406 | 3,406 | 3,406 | |
42/48 |
8,004 | 5,374 | 7,566 | 12,345 | 5,330 | 49,760 | 23,551 | 30,986 | 32,584 | 26,994 | 20,628 | 10,554 | 5,055 | 4,431 | 4,084 | 3,676 | 3,580 | |
42 |
- | - | - | - | - | - | - | 2,413 | 9,506 | 9,274 | - | - | - | - | - | - | - | |
43 |
- | - | 102 | - | 444 | 85 | 819 | - | - | - | - | - | 95 | - | 95 | 95 | 88 | |
430/8 |
- | - | 102 | - | 444 | 85 | 819 | - | - | - | - | - | 95 | - | 95 | 95 | 88 | |
44 |
2,902 | 2,369 | 2,088 | 10,343 | 548 | 39,771 | 5,272 | 661 | 3,492 | 3,736 | 4,167 | 900 | 303 | - | - | - | - | |
440/4 |
2,902 | 2,369 | 2,088 | 10,343 | 548 | 39,771 | 5,272 | 661 | 3,492 | 3,736 | 4,167 | 900 | 303 | - | - | - | - | |
45 |
4,690 | 843 | 3,422 | 1,856 | 4,338 | 9,905 | 17,460 | 17,912 | 13,586 | 7,984 | 6,807 | - | - | - | - | - | - | |
450/3 |
4,690 | 843 | 3,422 | 1,856 | 4,338 | 9,905 | 17,460 | 17,912 | 13,586 | 7,984 | 6,807 | - | - | - | - | - | - | |
47/48 |
411 | 2,161 | 1,954 | 146 | - | - | - | 10,000 | 6,000 | 6,000 | 9,653 | 9,653 | 4,656 | 4,431 | 3,989 | 3,582 | 3,492 | |
| Income statement | ||||||||||||||||||
76A |
- | 25 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9900 |
26,203 | 6,965 | 25,957 | 1,175 | 760 | 28,022 | 27,320 | 97,781 | 23,704 | 32,856 | 11,945 | -154 | -443 | -342 | -407 | - | -358 | |
630 |
1,679 | 1,143 | 10,617 | 10,602 | 11,779 | 12,105 | 8,579 | 8,494 | 7,016 | 6,846 | - | - | - | - | - | - | - | |
640/8 |
997 | 1,131 | 1,115 | 834 | 794 | 3,312 | 982 | 919 | 856 | 1,856 | 348 | - | - | - | - | - | - | |
66A |
- | - | - | - | - | - | 141 | - | - | - | - | - | - | - | - | - | - | |
9901 |
23,527 | 4,691 | 14,225 | -10,261 | -11,813 | 12,605 | 17,617 | 88,368 | 15,832 | 24,154 | 11,598 | -154 | -443 | -342 | -407 | - | -358 | |
75/76B |
1,456 | 471 | 41 | - | 326 | 9,508 | 740 | 276 | 294 | 242 | - | - | - | 4 | - | - | - | |
75 |
1,456 | 471 | 41 | - | 326 | 1,033 | 740 | 276 | 294 | 242 | - | - | - | 4 | - | - | - | |
76B |
- | - | - | - | - | 8,475 | - | - | - | - | - | - | - | - | - | - | - | |
65/66B |
90 | 102 | 93 | 119 | 112 | 134 | 120 | 320 | 591 | 823 | - | - | 191 | - | - | 96 | 102 | |
65 |
90 | 102 | 93 | 119 | 112 | 134 | 120 | 320 | 591 | 823 | - | - | 191 | - | - | 96 | 102 | |
9903 |
24,894 | 5,060 | 14,172 | -10,380 | -11,599 | 21,979 | 18,237 | 88,324 | 15,535 | 23,573 | 11,598 | -154 | -633 | -338 | -407 | -96 | -459 | |
67/77 |
7,829 | 1,406 | 1,327 | 401 | 369 | 5,626 | 7,669 | 29,136 | 4,776 | 7,101 | 3,929 | - | - | - | - | - | - | |
9904 |
17,065 | 3,654 | 12,845 | -10,780 | -11,968 | 16,353 | 10,568 | 59,189 | 10,758 | 16,472 | 7,668 | -154 | -633 | -338 | -407 | -96 | -459 | |
9905 |
17,065 | 3,654 | 12,845 | -10,780 | -11,968 | 16,353 | 10,568 | 59,189 | 10,758 | 16,472 | 7,668 | -154 | -633 | -338 | -407 | -96 | -459 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
10,816 | -6,249 | -9,903 | -22,748 | -11,968 | 16,353 | 10,568 | 51,596 | 268 | -4,491 | -20,963 | -28,631 | -18,804 | -18,170 | -17,832 | -17,425 | -17,329 | |
14P |
-6,249 | -9,903 | -22,748 | -11,968 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
52,165 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
10,816 | - | - | - | - | 16,353 | 10,568 | 41,596 | 1,860 | - | - | - | - | - | - | - | - | |
6920 |
- | - | - | - | - | - | - | - | 1,860 | - | - | - | - | - | - | - | - | |
6921 |
10,816 | - | - | - | - | 16,353 | 10,568 | 41,596 | - | - | - | - | - | - | - | - | - | |
694/7 |
52,165 | - | - | - | - | - | - | 10,000 | 6,000 | 6,000 | - | - | - | - | - | - | - | |
694 |
52,165 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
695 |
- | - | - | - | - | - | - | 10,000 | 6,000 | 6,000 | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||
The accounts for 13 older financial years (1993-2005) were filed as documents without figures as data, scans for example.
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 accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-07-2026.
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 | micro format | 30-07-2026 | 2026-00371516 | |
| 31-12-2024 | micro format | 31-07-2025 | 2025-00349124 | |
| 31-12-2023 | micro format | 16-07-2024 | 2024-00253534 | |
| 31-12-2022 | micro format | 03-07-2023 | 2023-00205620 | |
| 31-12-2021 | micro format | 26-07-2022 | 2022-20232625 | |
| 31-12-2020 | micro format | 20-07-2021 | 2021-37800540 | |
| 31-12-2019 | micro format | 17-07-2020 | 2020-31600203 | |
| 31-12-2018 | micro format | 26-07-2019 | 2019-39300275 | |
| 31-12-2017 | micro format | 30-07-2018 | 2018-42100232 | |
| 31-12-2016 | micro format | 28-07-2017 | 2017-38900211 | |
| 31-12-2015 | full format | 29-07-2016 | 2016-38700475 | |
| 31-12-2014 | full format | 10-07-2015 | 2015-29500373 | |
| 31-12-2013 | full format | 29-07-2014 | 2014-37100095 | |
| 31-12-2012 | full format | 31-07-2013 | 2013-39100249 | |
| 31-12-2011 | full format | 31-07-2012 | 2012-36800198 | |
| 31-12-2010 | full format | 29-08-2011 | 2011-48200168 | |
| 31-12-2009 | full format | 12-07-2010 | 2010-29400093 | |
| 31-12-2008 | full format | 30-07-2009 | 2009-51300371 | |
| 31-12-2007 | full format | 25-07-2008 | 2008-47100281 | |
| 31-12-2006 | full format | 30-07-2007 | 2007-50900190 | |
| 31-12-2005 | full format | 27-07-2006 | 2006-56100323 | |
| 31-12-2004 | full format | 14-07-2005 | 2005-48303805 | |
| 31-12-2003 | full format | 13-07-2004 | 2004-44704969 | |
| 31-12-2002 | full format | 30-07-2003 | 2003-56804408 | |
| 31-12-2001 | full format | 26-07-2002 | 2002-42305283 | |
| 31-12-2000 | full format | 27-07-2001 | 2001-44004966 | |
| 31-12-1999 | full format | 20-07-2000 | 2000-44403478 | |
| 31-12-1998 | full format | 29-07-1999 | 1999-37704707 | |
| 31-12-1997 | full format | 03-08-1998 | 1998-38401930 | |
| 31-12-1996 | full format | 01-08-1997 | 1997-35700319 | |
| 31-12-1995 | full format | 28-06-1996 | 1996-26305203 | |
| 31-12-1994 | full format | 22-07-1996 | 1996-35600053 | |
| 31-12-1993 | full format | 27-02-1995 | 1995-03100153 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 25,206 | 5,834 | 24,842 | 341 | -33 | 24,710 | 26,196 | 96,862 | 22,848 | 31,001 | - | - | - | - | - | - | - | ||
| 18,744 | 4,797 | 23,462 | -178 | -188 | 28,458 | 19,147 | 67,683 | 17,775 | 23,318 | - | - | - | - | - | - | - | ||
| 3,816 | 1,569 | 1,074 | 2,859 | 0 | 39,646 | 660 | 5,910 | 851 | 33,241 | - | - | - | - | - | - | - | ||
| -29,386 | 9,363 | 6,450 | 5,353 | 14,376 | -5,055 | 31,427 | -20,234 | 11,412 | - | - | - | - | - | - | - | - | ||
| 42,521 | 79,758 | 76,530 | 54,142 | 57,179 | 57,368 | 63,030 | 44,402 | -4,957 | -6,375 | -2,371 | -10,039 | 3,194 | 3,828 | 4,166 | 4,573 | 4,670 | ||
| 85.6% | 93.9% | 91.3% | 84.3% | 93.5% | 64.1% | 75.5% | 66.7% | 26.9% | 17.2% | -13.0% | - | -2.6% | 5.1% | 9.2% | 14.1% | 15.3% | ||
| 6.31 | 15.84 | 11.11 | 5.39 | 11.73 | 2.15 | 3.68 | 2.43 | 0.85 | 0.76 | 0.89 | - | 1.63 | 1.86 | 2.02 | 2.24 | 2.30 | ||
| 5.29 | 14.12 | 9.95 | 5.29 | 11.28 | 2.10 | 3.54 | 2.36 | 0.84 | 0.76 | 0.89 | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||
| 0.17 | 0.06 | 0.10 | 0.19 | 0.07 | 0.56 | 0.32 | 0.50 | 2.72 | 4.80 | - | - | - | - | - | 6.07 | 5.53 | ||
| 35.8% | 4.4% | 16.2% | -16.3% | -15.5% | 18.4% | 14.6% | 95.4% | 83.7% | 203.3% | - | - | - | - | - | -8.3% | -36.4% | ||
| 30.7% | 4.1% | 14.8% | -13.7% | -14.5% | 11.8% | 11.0% | 63.6% | 22.5% | 35.0% | 42.0% | - | -7.7% | -4.1% | -4.9% | -1.2% | -5.6% | ||
| over 100 | 57.36 | over 100 | 2.87 | -0.30 | - | - | - | - | - | - | - | - | - | - | - | - |
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 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €3,816 | €1,569 | €1,074 | €2,859 | - |
| €1,679 | €1,143 | €10,617 | €10,602 | €11,779 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on PROGRS
The operating result for 2025 is 5 times that of 2024 and the highest since 2018. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total rises from 6.1% to 14.4%. Equity is lower and debt is higher.