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Union et Progrès

Active
Coöperatieve vennootschap (oud statuut)founded 196858 yrs activeRue François Dimanche(RO) 16, 6250 Aiseau-Presles, BelgiumKBO/BCE: BE 0401.621.075
Summary

For Union et Progrès, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €35,901 and a net result of -€14,911. Equity is shrinking by ~30.2% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2024. The company has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability0=
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2022
Solvency, return and age of the figures
Solvency
94.7%
Return on assets
-39.3%
Age of the figures
45 mo
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 58 years 0 60 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2023 close31-07-2024 deadline29-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 16-07-2023, 15 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
15 d early
2021
218 d late
2020
117 d late
2018
35 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 71 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 1 January 1968, Union et Progrès was incorporated.1 Total assets went from EUR 111,058 in 2018 to EUR 37,901 in 2022.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2022

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Financials · fiscal year 2022, micro schema

Turnover
€31,484
EBIT margin
45.9%
Net result
-€14,911▲ 44.6%
2021 · -€26,911
Working capital
€562
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2018202020212022
Turnover€31,484-
Operating result€14,449--€14,453--€25,986▼ 79.8%-€14,911▲ 42.6%
Net result€14,298--€14,453--€26,911▼ 86.2%-€14,911▲ 44.6%
EBIT margin45.9%-
Equity€111,058-€77,723-€50,813▼ 34.6%€35,901▼ 29.3%
Total assets€111,058-€77,723-€50,813▼ 34.6%€37,901▼ 25.4%
Debt€2,000
Working capital€562
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000Operating result 2018: €14,449€14,449Net result 2018: €14,298€14,298Operating result 2020: -€14,453-€14,453Net result 2020: -€14,453-€14,453Operating result 2021: -€25,986-€25,986Net result 2021: -€26,911-€26,911Operating result 2022: -€14,911-€14,911Net result 2022: -€14,911-€14,9112018202020212022-€30,000-€20,000-€10,000€0Operating result 2020: -€14,453-€14,500Net result 2020: -€14,453-€14,500Operating result 2021: -€25,986-€26,000Net result 2021: -€26,911-€26,900Operating result 2022: -€14,911-€14,900Net result 2022: -€14,911-€14,900202020212022
The operating result stays negative: a loss of €14,911 in 2022 against €25,986 in 2021; the loss shrinks.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €37,901
Fixed assets €35,340 ▼ 18.2%
Current assets €2,562 ▼ 66.4%
Equity and liabilities €37,901
Equity €35,901
Debt €2,000
Debt finances 5.3% of the balance-sheet total.
Key figures and ratios
2022 value · change against 2021
EBITDA
-€7,063▲
2021 · -€18,138
Cash flow
-€7,063▲
2021 · -€19,063
Current ratio
1.28
Debt to equity
0.06
ROE
-41.5%▲
2021 · -53.0%
ROA
-39.3%▲
2021 · -53.0%
Debt ≤ 1 year
€2,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 36 lines
Balance sheet Code20212022
Assets
Total assets20/58€50,813€37,901▼
Fixed assets21/28€43,188€35,340▼
Tangible fixed assets22/27€43,071€35,223▼
Land and buildings22€43,071€35,223▼
Financial fixed assets28€117€117=
Current assets29/58€7,625€2,562▼
Stocks and contracts in progress3€1,101-
Stocks30/36€1,101-
Amounts receivable within one year40/41€1,156€2,204▲
Other amounts receivable41€1,156€2,204▲
Current investments50/53€5,307€294▼
Cash at bank and in hand54/58€61€64▲
Equity and liabilities
Total equity and liabilities10/49€50,813€37,901▼
Equity10/15€50,813€35,901▼
Contributions10/11€112,000€112,000=
Capital10€112,000€112,000=
Issued capital100€112,000€112,000=
Reserves13€10,387€10,387=
Non-distributable reserves130/1€10,387€10,387=
Legal reserve130€793€793=
Reserves not available under the articles1311€9,593€9,593=
Profit (loss) carried forward14-€71,574-€86,485▼
Amounts payable17/49-€2,000
Amounts payable within one year42/48-€2,000
Other amounts payable47/48-€2,000
Income statement Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,848€7,848=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€18,647-
Gross operating margin9900€509-€7,063▼
Operating profit (loss)9901-€25,986-€14,911▲
Financial charges65/66B€925-
Recurring financial charges65€925-
Profit (loss) for the period before taxes9903-€26,911-€14,911▲
Profit (loss) for the period9904-€26,911-€14,911▲
Profit (loss) for the period to be appropriated9905-€26,911-€14,911▲
Appropriation of the result
Profit (loss) to be appropriated9906-€71,574-€86,485▼
Profit (loss) brought forward from the previous period14P-€44,664-€71,574▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018202020212022Change
Turnover70€31,484----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,850€7,848€7,848€7,848=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€18,647--
Gross operating margin9900€24,561-€6,605€509-€7,063▼ 1,487%
Operating profit (loss)9901€14,449-€14,453-€25,986-€14,911▲ 42.6%
Financial charges65/66B--€925--
Recurring financial charges65€151-€925--
Profit (loss) for the period before taxes9903€14,298-€14,453-€26,911-€14,911▲ 44.6%
Profit (loss) for the period9904€14,298-€14,453-€26,911-€14,911▲ 44.6%
Profit (loss) for the period to be appropriated9905€14,298-€14,453-€26,911-€14,911▲ 44.6%
Line2018202020212022Change
Assets
Total assets20/58€111,058€77,723€50,813€37,901▼ 25.4%
Fixed assets21/28€66,732€51,036€43,188€35,340▼ 18.2%
Tangible fixed assets22/27€66,615€50,919€43,071€35,223▼ 18.2%
Land and buildings22--€43,071€35,223▼ 18.2%
Financial fixed assets28€117€117€117€117=
Current assets29/58€44,326€26,687€7,625€2,562▼ 66.4%
Stocks and contracts in progress3-€1,101€1,101--
Stocks30/36--€1,101--
Amounts receivable within one year40/41€1,674€647€1,156€2,204▲ 90.6%
Other amounts receivable41--€1,156€2,204▲ 90.6%
Current investments50/53--€5,307€294▼ 94.5%
Cash at bank and in hand54/58€10,248€6,293€61€64▲ 4.6%
Equity and liabilities
Total equity and liabilities10/49€111,058€77,723€50,813€37,901▼ 25.4%
Equity10/15€111,058€77,723€50,813€35,901▼ 29.3%
Contributions10/11€112,000€112,000€112,000€112,000=
Capital10--€112,000€112,000=
Issued capital100--€112,000€112,000=
Reserves13€10,387€10,387€10,387€10,387=
Non-distributable reserves130/1--€10,387€10,387=
Legal reserve130--€793€793=
Reserves not available under the articles1311--€9,593€9,593=
Profit (loss) carried forward14-€11,329-€44,664-€71,574-€86,485▼ 20.8%
Amounts payable17/49---€2,000-
Amounts payable within one year42/48---€2,000-
Other amounts payable47/48---€2,000-
Line2018202020212022Change
Profit (loss) for the period9904€14,298-€14,453-€26,911-€14,911▲ 44.6%
+ Depreciation and write-downs630€7,850€7,848€7,848€7,848=
Operating cash flow (approximation)€22,148-€6,605-€19,063-€7,063▲ 62.9%
Investment in fixed assets (approximation)--€0€0▼ 100%
Change in cash---€6,232€3▲ 100%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2023
16-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
06-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 218 days late
2021
31-12
Financial Weakest financial yearnet -€26,911
Net result drops to -€26,911, the lowest in the series; recovery starts the following year.
25-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 117 days late
2019
26-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
14-11
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 106 days late
2017
18-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
11-05
NBB filing Annual accounts filed
fiscal year 2015 · full schema
2015
03-08
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 3 days late
2014
14-12
NBB filing Annual accounts filed
fiscal year 2013 · full schema · 136 days late
2013
18-07
NBB filing Annual accounts filed
fiscal year 2012 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Aiseau-Presles · 1 establishment unit since 1954
seat establishment The establishment unit on the map
Ground area
381 m²
Building footprint
251 m²
Volume, LiDAR
1,547 m³
Parcel 52060A0003/00X008, Wallonia · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue François Dimanche(RO) 16, 6250 Aiseau-Presles
NACE 5530105
since 19542.005.708.590
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
52060A0003/00X008 Wallonia 381 m² 1 · 250 m² 10.7 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Aiseau-Presles2.005.708.590
1 permission
Drankgelegenheid · since 26-11-2007

Identification & contact

Identification
Legal formCoöperatieve vennootschap (oud statuut)
Founded01-01-1968
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

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Register as of 29 September 2026 · Peppol Directory

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