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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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Busy address KBO
23 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
N&D PROGRESS from Schaarbeek, company number BE0678861626, closed financial year 2025 with a result of € 174,604 after tax. For that financial year N&D PROGRESS recorded a gross margin of € 349,483 and equity of € 735,296. Compared with financial year 2024, the result moved from € 75,681 to € 174,604. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 735,296
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 174,604
▲ 131% vs 2024
Profit after tax over the fiscal year.
€ 418,413
▼ 10% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 80,000 paid out
46 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 32,475
▼ 7% vs 2024
€ 32,500 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.
€ 121,864
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 269,177
▲ 165% vs 2024
€ 29,474 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 106,209
▼ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 21,991
▼ 3% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 50,267 | € 271,271 | € 206,791 | € 349,483 | ▲ 69% |
| Profit after taxes | € -3,167 | € 147,330 | € 75,681 | € 174,604 | ▲ 131% |
| Equity | € 657,681 | € 700,012 | € 640,693 | € 735,296 | ▲ 15% |
| Total debts | € 297,116 | € 79,232 | € 261,207 | € 429,380 | ▲ 64% |
| Cash | € 207,767 | € 278,895 | € 463,170 | € 418,413 | ▼ 10% |
| Land & buildings | - | - | € 35,195 | € 112,960 | ▲ 221% |
| Retained profit | € 645,281 | € 685,752 | € 626,433 | € 721,036 | ▲ 15% |
| Dividend | € 0 | € 105,000 | € 135,000 | € 80,000 | ▼ 41% |
| Bank debt | € 0 | € 0 | € 101,766 | € 269,177 | ▲ 165% |
| Balance sheet total | € 954,797 | € 779,244 | € 901,900 | € 1,164,676 | ▲ 29% |
| Employees (FTE) | 1 | 1 | - | 1 |
Key figures of N&D PROGRESS, 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 N&D PROGRESS?
What happened at N&D PROGRESS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 174,604 (▲ 131% vs 2024). filed late Source: NBB ↗
- New establishment in Schaarbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,167 loss in 2022 to € 174,604 profit in 2025.
Paid € 175,063 in corporate taxes since 2022.
Best year ever: 2025, with € 174,604 profit.
On average € 349,500 of value added per employee in 2025.
Management
Behind N&D PROGRESS is Nicusor Rosioru.
Directors
According to the 2025 annual accounts
Nicusor Rosioru
Director
Establishments
Establishment units
Physical locations of this company
Adolphe Lacomblélaan 59 box 8
1030 Schaarbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 23 companies are registered at this address.
All companies at this address →Roussel-Labunis
FINACS
I.C. BELGIUM
€ 589,444 gross margin · 2024
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Details
- Company number
- 0678.861.626
- VAT number
- BE 0678.861.626
- Registered office
- Adolphe Lacomblélaan 59 bus 8, 1030 Schaarbeek
- Names & denominations
- N&D PROGRESS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 July 2017
- Peppol
- Active · Active since 25 Nov 2025
- Contact
- ndprogress.be
- Activities · NACE
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