What does UNION-PROGRES-ECONOMIE do?

UNION-PROGRES-ECONOMIE is a bar in Frameries. Cooperative, started on 1 January 1968, 1 establishment.

What is the address of UNION-PROGRES-ECONOMIE?

The registered office of UNION-PROGRES-ECONOMIE is located at Rue de la Colline 63, 7080 Frameries.

Is UNION-PROGRES-ECONOMIE still active?

Yes. According to the CBE (30 October 2026) UNION-PROGRES-ECONOMIE is active, legal situation “Normale toestand”, started on 1 January 1968.

Is UNION-PROGRES-ECONOMIE registered on Peppol?

No, UNION-PROGRES-ECONOMIE is currently not registered on the Peppol network.

What is the enterprise number of UNION-PROGRES-ECONOMIE?

The enterprise number of UNION-PROGRES-ECONOMIE is BE0401124296.

When was UNION-PROGRES-ECONOMIE founded?

UNION-PROGRES-ECONOMIE was founded on 1 January 1968.

Is UNION-PROGRES-ECONOMIE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 January 1968; 3 annual accounts filed, latest fiscal year 2025.

How much profit did UNION-PROGRES-ECONOMIE make in 2025?

UNION-PROGRES-ECONOMIE recorded a loss after taxes of € 9,426 in financial year 2025.

What is the revenue of UNION-PROGRES-ECONOMIE?

As a small company, UNION-PROGRES-ECONOMIE is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 4,640.

UNION-PROGRES-ECONOMIE (Cooperative) - Frameries

Dossier UNION-PROGRES-ECONOMIE, printed on 30 October 2026 from databakkes.be/en/0401124296/union-progres-economie. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 1 of the last 3 fiscal years.
Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 28 % of short-term debt in 2025; threshold 65 %.
Not on Peppol Peppol

Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.

Financials

Financial year 2025

UNION-PROGRES-ECONOMIE from Frameries, company number BE0401124296, closed financial year 2025 with a result of € -9,426 after tax. For that financial year UNION-PROGRES-ECONOMIE recorded a gross margin of € 4,640 and equity of € -4,748. Compared with financial year 2024, the result moved from € -2,332 to € -9,426. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 24, 2026.

What it is worth Caution

€ -4,748

▼ € 9,425 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -9,426

▼ 304 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 17,764

▼ 17% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -128,813.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Key figures per fiscal year Download key figures (CSV)
	2023	2024	2025	Change 2024 → 2025
Revenue	€ 16,137 Revenue 2023: € 16,137 First fiscal year in the series	-	-
Gross margin	€ 5,385 Gross margin 2023: € 5,385 First fiscal year in the series	€ 6,549 Gross margin 2024: € 6,549 ▲ 22% vs 2023 (€ 5,385) Favourable step	€ 4,640 Gross margin 2025: € 4,640 ▼ 29% vs 2024 (€ 6,549) Unfavourable step	▼ 29%
Profit after taxes	€ -2,945 Profit after taxes 2023: € -2,945 First fiscal year in the series	€ -2,332 Profit after taxes 2024: € -2,332 ▲ € 613 vs 2023 (€ -2,945) Favourable step	€ -9,426 Profit after taxes 2025: € -9,426 ▼ € 7,094 vs 2024 (€ -2,332) Unfavourable step	▼ € 7,094
Equity	€ 7,010 Equity 2023: € 7,010 First fiscal year in the series	€ 4,677 Equity 2024: € 4,677 ▼ 33% vs 2023 (€ 7,010) Unfavourable step	€ -4,748 Equity 2025: € -4,748 ▼ € 9,425 vs 2024 (€ 4,677) Unfavourable step	▼ € 9,425
Total debts	€ 48,082 Total debts 2023: € 48,082 First fiscal year in the series	€ 74,221 Total debts 2024: € 74,221 ▲ 54% vs 2023 (€ 48,082) Unfavourable step	€ 68,908 Total debts 2025: € 68,908 ▼ 7% vs 2024 (€ 74,221) Favourable step	▼ 7%
Cash	€ 18,170 Cash 2023: € 18,170 First fiscal year in the series	€ 21,505 Cash 2024: € 21,505 ▲ 18% vs 2023 (€ 18,170) Favourable step	€ 17,764 Cash 2025: € 17,764 ▼ 17% vs 2024 (€ 21,505) Unfavourable step	▼ 17%
Land & buildings	€ 16,274 Land & buildings 2023: € 16,274 First fiscal year in the series	€ 52,066 Land & buildings 2024: € 52,066 ▲ 220% vs 2023 (€ 16,274) Unchanged	€ 45,198 Land & buildings 2025: € 45,198 ▼ 13% vs 2024 (€ 52,066) Unchanged	▼ 13%
Retained profit	€ -117,054 Retained profit 2023: € -117,054 First fiscal year in the series	€ -119,387 Retained profit 2024: € -119,387 ▼ € 2,333 vs 2023 (€ -117,054) Unfavourable step	€ -128,813 Retained profit 2025: € -128,813 ▼ € 9,426 vs 2024 (€ -119,387) Unfavourable step	▼ € 9,426
Balance sheet total	€ 55,092 Balance sheet total 2023: € 55,092 First fiscal year in the series	€ 78,898 Balance sheet total 2024: € 78,898 ▲ 43% vs 2023 (€ 55,092) Unchanged	€ 64,160 Balance sheet total 2025: € 64,160 ▼ 19% vs 2024 (€ 78,898) Unchanged	▼ 19%

Key figures of UNION-PROGRES-ECONOMIE, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to UNION-PROGRES-ECONOMIE?

What happened at UNION-PROGRES-ECONOMIE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 24, 2026 New annual accounts for financial year 2025: loss of € 9,426. filed late Source: NBB ↗
Nov 1, 1986 New establishment in Frameries. KBO
Jan 1, 1968 Start of the company according to the CBE. KBO

In short

From € 2,945 loss in 2023 to € 9,426 loss in 2025.

Paid € 46 in corporate taxes since 2023.

Original PDFs at the National Bank ↗

Establishments

Establishment units

Physical locations of this company

Registered office

Rue de la Colline 63

7080 Frameries

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0401.124.296

VAT number

BE 0401.124.296

Registered office

Rue de la Colline 63, 7080 Frameries

Names & denominations

UNION-PROGRES-ECONOMIE

Enterprise type

Rechtspersoon

Legal form

Cooperative company

Legal situation

Normale toestand

Start date

1 January 1968

Peppol

Not registered

Activities · NACE

Cafés en bars

Cafés

View on CBE Public ↗ Annual accounts (NBB) ↗