Financials
Financial year 2025
Progress-Ing. Group from Frameries, company number BE0687904105, closed financial year 2025 with a result of € 59,675 after tax. For that financial year Progress-Ing. Group recorded a gross margin of € 103,328 and equity of € 56,438. Compared with financial year 2024, the result moved from € 74,654 to € 59,675. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 8, 2026.
€ 56,438
▲ € 59,675 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 59,675
▼ 20% vs 2024
Profit after tax over the fiscal year.
€ 70,237
▲ € 58,739 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 53,938.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 49,713
▼ 19% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 55,329
▼ 23% vs 2024
€ 16,348 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 8,609
▲ 54% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 52,096
▲ 107% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -17,817 | € -5,354 | € 100,435 | € 103,328 | ▲ 3% |
| Profit after taxes | € -32,394 | € -19,477 | € 74,654 | € 59,675 | ▼ 20% |
| Equity | € -52,714 | € -72,191 | € -3,236 | € 56,438 | ▲ € 59,675 |
| Total debts | € 122,678 | € 148,339 | € 142,907 | € 119,753 | ▼ 16% |
| Cash | - | € 295 | € 11,497 | € 70,237 | ▲ € 58,739 |
| Land & buildings | € 17,847 | € 17,321 | € 16,794 | € 16,268 | ▼ 3% |
| Retained profit | € -55,214 | € -74,691 | € -5,736 | € 53,938 | ▲ € 59,675 |
| Dividend | € 0 | € 0 | € 5,700 | € 0 | ▼ 100% |
| Bank debt | € 42,308 | € 33,939 | € 71,982 | € 55,329 | ▼ 23% |
| Balance sheet total | € 69,964 | € 76,148 | € 139,670 | € 176,191 | ▲ 26% |
Key figures of Progress-Ing. Group, 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 Progress-Ing. Group?
What happened at Progress-Ing. Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 59,675 (▼ 20% vs 2024). filed late Source: NBB ↗
- Julien Moulin became a director. NBB
- New establishment in Frameries. KBO
- Start of the company according to the CBE. KBO
In short
From € 32,394 loss in 2022 to € 59,675 profit in 2025.
Paid € 31,282 in corporate taxes since 2022.
Best year ever: 2024, with € 74,654 profit.
Paid out € 5,700 in dividends to the owners in total.
Management
Behind Progress-Ing. Group is Julien Moulin.
Directors
According to the 2025 annual accounts
Julien Moulin
Director
since 2025
Establishments
Establishment units
Physical locations of this company
Rue de France 62
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
- 0687.904.105
- VAT number
- BE 0687.904.105
- Registered office
- Rue de France 62, 7080 Frameries
- Names & denominations
- Progress-Ing. Group
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 January 2018
- Peppol
- Active · Active since 13 Apr 2026
- Activities · NACE
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