Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 9 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 4.5 to 2.3.
Financials
Financial year 2025
PROGRESCOM from Bertrix, company number BE0456403014, closed financial year 2025 with a result of € -3,919 after tax. For that financial year PROGRESCOM recorded revenue of € 414,295 and equity of € 176,871. Compared with financial year 2024, the result moved from € 18,614 to € -3,919. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 176,871
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,919
▼ still € 18,614 profit in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € 154,561.
People and assets in 2025
2.3
▼ 1.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 101,035
▼ 24% vs 2024
€ 43,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 47,516
▲ 50% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,865
▼ 62% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 601,022 | € 451,067 | € 603,776 | € 414,295 | ▼ 31% |
| Gross margin | € 263,697 | € 163,453 | € 164,381 | € 102,570 | ▼ 38% |
| Profit after taxes | € 61,643 | € 12,826 | € 18,614 | € -3,919 | ▼ € 22,532 |
| Equity | € 149,350 | € 162,176 | € 180,790 | € 176,871 | ▼ 2% |
| Total debts | € 92,215 | € 152,445 | € 68,330 | € 61,381 | ▼ 10% |
| Retained profit | € 127,040 | € 139,866 | € 158,479 | € 154,561 | ▼ 2% |
| Balance sheet total | € 241,566 | € 314,621 | € 249,120 | € 238,252 | ▼ 4% |
| Employees (FTE) | 4.5 | 4.5 | 4.1 | 2.3 | ▼ 1.8 |
Key figures of PROGRESCOM, fiscal years 2022 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 PROGRESCOM?
What happened at PROGRESCOM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,919 (▼ € 22,532 vs 2024). Source: NBB ↗
- New establishment in Bertrix. KBO
- Start of the company according to the CBE. KBO
In short
From € 61,643 profit in 2022 to € 3,919 loss in 2025.
Paid € 33,656 in corporate taxes since 2022.
Best year ever: 2022, with € 61,643 profit.
On average € 44,600 of value added per employee in 2025.
Establishments
Establishment units
Physical locations of this company
Rue des Prés la Mercire 6
6880 Bertrix
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0456.403.014
- VAT number
- BE 0456.403.014
- Registered office
- Rue des Prés la Mercire 6, 6880 Bertrix
- Names & denominations
- PROGRESCOM
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 31 October 1995
- Peppol
- Active · Active since 12 Aug 2025
- Activities · NACE
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