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 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 58 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PROGEST IMMO from La Louvière, company number BE0552535655, closed financial year 2025 with a result of € -39,165 after tax. For that financial year PROGEST IMMO recorded a gross margin of € 98,073 and equity of € -194,674. Compared with financial year 2024, the result moved from € -28,221 to € -39,165. 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 July 23, 2026.
€ -194,674
▼ € 43,126 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -39,165
▼ 39 % more loss than in 2024
Profit after tax over the fiscal year.
€ 36,937
▼ 64% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -262,458.
Debts at end 2025
€ 1.5 million
▼ 9% vs 2024
€ 143,735 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 24,175
▼ 65% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,453
▼ 52% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 103,797 | € 102,440 | € 122,171 | € 98,073 | ▼ 20% |
| Profit after taxes | € 3,385 | € -1,317 | € -28,221 | € -39,165 | ▼ € 10,943 |
| Equity | € -114,088 | € -119,365 | € -151,548 | € -194,674 | ▼ € 43,126 |
| Total debts | € 1,396,168 | € 1,316,438 | € 1,794,255 | € 1,674,639 | ▼ 7% |
| Cash | € 29,000 | € 44,323 | € 103,491 | € 36,937 | ▼ 64% |
| Land & buildings | € 1,124,443 | € 1,054,483 | € 1,390,354 | € 1,331,015 | ▼ 4% |
| Retained profit | € -193,755 | € -195,072 | € -223,293 | € -262,458 | ▼ € 39,165 |
| Bank debt | € 1,143,973 | € 1,234,702 | € 1,671,160 | € 1,528,966 | ▼ 9% |
| Balance sheet total | € 1,307,731 | € 1,221,061 | € 1,665,030 | € 1,500,625 | ▼ 10% |
Key figures of PROGEST IMMO, 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 PROGEST IMMO?
What happened at PROGEST IMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 39,165. Source: NBB ↗
- Indel Invest SRL became a director. NBB
- Bouw Georges Tanghe SA became a director. NBB
- Ibeco SRL became a director. NBB
- New establishment in Seneffe. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,385 profit in 2022 to € 39,165 loss in 2025.
Best year ever: 2022, with € 3,385 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind PROGEST IMMO are Indel Invest SRL, Bouw Georges Tanghe SA and Ibeco SRL. The same people are also behind JACOPS, JACOPS SUD, CAPPAL, Terram Sud and STIV. Indel Invest SRL is also behind Bouw Georges Tanghe, BLS, JAGERSHOF, LETSGO CITY and Infrasoft. Bouw Georges Tanghe SA is also behind JAGERSHOF, Civitas Projects and Civitas. Ibeco SRL is also behind BLS, LETSGO CITY, Infrasoft, Alega Invest and E+DRIVE.
Directors
According to the 2025 annual accounts
Director · represented by Stephanie Valcke
Also active at: Bouw Georges Tanghe, JACOPS, JACOPS SUD, CAPPAL, BLS, JAGERSHOF, LETSGO CITY, Infrasoft +17 more
since 2023
Director · represented by Rita Tanghe
Also active at: JACOPS, JACOPS SUD, CAPPAL, JAGERSHOF, Civitas Projects, Civitas, Terram Sud, STIV +2 more
since 2023
Director · represented by Ivan Bossuyt
Also active at: JACOPS, JACOPS SUD, CAPPAL, BLS, LETSGO CITY, Infrasoft, Terram Sud, STIV +7 more
since 2023
Establishments
Establishment units
Physical locations of this company
Rue Jean-Baptiste Vifquain(S-B) 16
7110 La Louvière
Zone artisanale des Carrières 14
7181 Seneffe
Active since 12 May 2014
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0552.535.655
- VAT number
- BE 0552.535.655
- Registered office
- Rue Jean-Baptiste Vifquain(S-B) 16, 7110 La Louvière
- Names & denominations
- PROGEST IMMO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 May 2014
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen