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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Busy address KBO
61 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Progeny (Belgium) from Sint-Pieters-Woluwe, company number BE0457936109, closed financial year 2025 with a result of € -160,045 after tax. For that financial year Progeny (Belgium) recorded a gross margin of € 426,525 and equity of € -91,845. Compared with financial year 2024, the result moved from € 16,000 to € -160,045. 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 September 30, 2026.
€ -91,845
▼ € 160,045 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -160,045
▼ still € 16,000 profit in 2024
Profit after tax over the fiscal year.
€ 55,622
▲ 60% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -153,845.
People and assets in 2025
4.6
▲ 1.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 551,253
▲ 42% vs 2024
€ 119,800 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.
€ 105,844
▲ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 91,717
▼ 26% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 569,508 | € 463,301 | € 442,418 | € 426,525 | ▼ 4% |
| Profit after taxes | € 179,975 | € 41,835 | € 16,000 | € -160,045 | ▼ € 176,045 |
| Equity | € 68,200 | € 68,200 | € 68,200 | € -91,845 | ▼ € 160,045 |
| Total debts | € 558,583 | € 234,399 | € 231,401 | € 327,332 | ▲ 41% |
| Cash | € 97,643 | € 167,805 | € 34,777 | € 55,622 | ▲ 60% |
| Retained profit | € 6,200 | € 6,200 | € 6,200 | € -153,845 | ▼ € 160,045 |
| Dividend | € 322,501 | € 41,835 | € 16,000 | € 0 | ▼ 100% |
| Balance sheet total | € 626,783 | € 302,599 | € 299,601 | € 235,487 | ▼ 21% |
| Employees (FTE) | 3.3 | 3 | 3 | 4.6 | ▲ 1.6 |
Key figures of Progeny (Belgium), 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 Progeny (Belgium)?
What happened at Progeny (Belgium) in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 160,045 (▼ € 176,045 vs 2024). filed late Source: NBB ↗
- Amanda NEWELL became a director. NBB
- Thomas WOOD became a director. NBB
- Edward CUTTING became a director. NBB
- New establishment in Sint-Pieters-Woluwe. KBO
- Start of the company according to the CBE. KBO
In short
From € 179,975 profit in 2022 to € 160,045 loss in 2025.
Paid € 100,351 in corporate taxes since 2022.
Best year ever: 2022, with € 179,975 profit.
On average € 92,700 of value added per employee in 2025.
Management
Behind Progeny (Belgium) are Amanda NEWELL, Thomas WOOD and Edward CUTTING.
Directors
According to the 2025 annual accounts
Amanda NEWELL
Managing director
since 2024
Thomas WOOD
Director
since 2024
Edward CUTTING
Managing director
since 2008
Establishments
Establishment units
Physical locations of this company
de Broquevillelaan 12
1150 Sint-Pieters-Woluwe
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 61 companies are registered at this address.
All companies at this address →KRONENBOURG - BELGIUM
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Service social de @Bruxelles-Propreté@, Agence régionale pour la Propreté
+56 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0457.936.109
- VAT number
- BE 0457.936.109
- Registered office
- de Broquevillelaan 12, 1150 Sint-Pieters-Woluwe
- Names & denominations
- Progeny (Belgium)
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 May 1996
- Peppol
- Active · Active since 10 Dec 2025
- Activities · NACE
Activiteiten van verzekeringsagenten en -makelaars
Overige ondersteunende activiteiten in verband met financiële diensten, neg, exclusief verzekeringen en pensioenfondsen
Ondersteunende activiteiten i.v.m. financiële instellingen, n.e.g.