Active · per the CBE, 29 October 2026

SMART PROGRESS

BE0688840451

Rechtspersoon Private limited company 1 establishment

SMART PROGRESS is a fitness centre in Gent. Private Limited, started on 24 January 2018, 1 establishment.

Overzet 16, 9000 Gent

Behind the company: Thomas Kumps.

Active for

8 year, 9 months

Financials

Financial year 2025

SMART PROGRESS from Gent, company number BE0688840451, closed financial year 2025 with a result of € 40,681 after tax. For that financial year SMART PROGRESS recorded a gross margin of € 96,373 and equity of € 94,315. Compared with financial year 2024, the result moved from € 39,840 to € 40,681. Profitable, and profit is growing. The buffer shrank hard: equity is 54 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 10, 2026.

What it is worth Shrank hard

€ 94,315

▼ 54% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 40,681

▲ 2% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 148,361

▲ 6% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 153,136 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 16,957

▼ 79% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 1,718

▼ 38% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 1 years to go

€ 4,637

▼ 80% vs 2024

€ 3,970 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.

Owed to suppliers

€ 10,571

▼ 9% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 6,668

▲ 12% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 222,636 € 211,390 € 162,724 € 96,373 ▼ 41%
Profit after taxes € 9,079 € 21,540 € 39,840 € 40,681 ▲ 2%
Equity € 145,390 € 166,930 € 206,770 € 94,315 ▼ 54%
Total debts € 129,613 € 63,014 € 43,884 € 148,311 ▲ 238%
Cash € 101,445 € 92,535 € 140,510 € 148,361 ▲ 6%
Retained profit € 110,390 € 131,930 € 171,770 € 59,315 ▼ 65%
Dividend € 15,000 € 0 € 0 € 153,136
Bank debt € 30,708 € 26,998 € 23,125 € 4,637 ▼ 80%
Balance sheet total € 275,003 € 229,944 € 250,654 € 242,626 ▼ 3%

Key figures of SMART 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 SMART PROGRESS?

What happened at SMART 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 € 40,681 (▲ 2% vs 2024). Source: NBB ↗
  • New establishment in Gent. KBO
  • Start of the company according to the CBE. KBO

In short

From € 9,079 profit in 2022 to € 40,681 profit in 2025.

Paid € 40,387 in corporate taxes since 2022.

Best year ever: 2025, with € 40,681 profit.

Paid out € 168,136 in dividends to the owners in total.

Management

Thomas Kumps
SMART PROGRESS

Behind SMART PROGRESS is Thomas Kumps.

Directors

According to the 2025 annual accounts

Thomas Kumps

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Overzet 16

9000 Gent

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 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
0688.840.451
VAT number
BE 0688.840.451
Registered office
Overzet 16, 9000 Gent
Names & denominations
SMART PROGRESS
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
24 January 2018
Peppol
Active · Active since 23 Dec 2025
Activities · NACE

Activiteiten van fitnesscentra

Overige sportactiviteiten, n.e.g.

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige vormen van onderwijs

Overige sportactiviteiten, neg

Exploitatie van sportaccommodaties

Catering van evenementen

Overige detailhandel in voedingsmiddelen, neg

+1

Frequently asked questions

What does SMART PROGRESS do?
SMART PROGRESS is a fitness centre in Gent. Private Limited, started on 24 January 2018, 1 establishment.
What is the address of SMART PROGRESS?
The registered office of SMART PROGRESS is located at Overzet 16, 9000 Gent.
Is SMART PROGRESS still active?
Yes. According to the CBE (29 October 2026) SMART PROGRESS is active, legal situation “Normale toestand”, started on 24 January 2018.
Is SMART PROGRESS registered on Peppol?
Yes, SMART PROGRESS is registered on the Peppol network with ID 0208:0688840451.
What is the enterprise number of SMART PROGRESS?
The enterprise number of SMART PROGRESS is BE0688840451.
When was SMART PROGRESS founded?
SMART PROGRESS was founded on 24 January 2018.