RESTAURANT DU PROGRES

Active

Private limited companyfounded 2012active for 14 yearsKorenmarkt 10, 9000 Gent, BelgiumKBO/BCE: BE 0843.625.133

Summary

RESTAURANT DU PROGRES has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €189,259 and a net result of €137,731. Equity is shrinking by about 4.2% per year across the filed financial years. Its solvency ranks better than 51% of 4,754 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow Report Compare

RESTAURANT DU PROGRESActiveChecked score 89/100

Risk analysis Report Compare

Directors

2 directors, last change in 2024

Board 2

WALLY

Director (not named in the articles) · since 21-11-2023 · Legal entity · permanent representative: Verpaele Stijn

Current

MATIS

Director (not named in the articles) · Legal entity · permanent representative: Johan De Baets

Current

Permanent representatives 2

Verpaele Stijn

Permanent representative · since 21-11-2023 · for WALLY

Current

Johan De Baets

Permanent representative · for MATIS

Current

Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Not every act has been read: a resignation may still be missing

3 of this company's 5 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

2 people since 2023, 2 in office

All 2 In office 2

Board
began earlier

Mandates per person, with start and end dates
Name	Functions and periods
MATIS	Manager, until 21-11-2023 Director (not named in the articles), from 21-11-2023 to 19-06-2024 Director (not named in the articles), from 21-11-2023 to date
WALLY	Manager, until 21-11-2023 Director (not named in the articles), from 21-11-2023 to date

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

Owners and capital

Owners

1 owner

Chain of control

Wally 100%
RESTAURANT DU PROGRES

Highest known parent: Wally. The sources do not say who stands above it.

Owners 1

Wallyparent
Sourceaccounts Wally 2025

100%

Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Capital and shareholders

Capital over the years

21-11-2023 Converted to unavailable equity