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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Tight liquidity NBB
Cash and receivables cover 60 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Progr3ss from Maaseik, company number BE0774380494, closed financial year 2025 with a result of € 1.1 million after tax. For that financial year Progr3ss recorded a gross margin of € 1.3 million and equity of € 2.6 million. Compared with financial year 2024, the result moved from € 1 million to € 1.1 million. 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 July 7, 2026.
€ 2.6 million
▲ 33% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.1 million
▲ 9% vs 2024
Profit after tax over the fiscal year.
€ 591,682
▲ € 501,339 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 480,000 paid out
42 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
0.6
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 42,539
▲ € 36,200 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.
€ 125,532
▲ 16% vs 2024
Of which on lease € 7,612.
Debts at end 2025
€ 1,493
▼ 86% vs 2024
Loans from banks and other lenders, long and short.
€ 957,747
▲ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,269
▲ € 4,909 vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 958,188 | € 1,114,588 | € 1,305,304 | € 1,261,785 | ▼ 3% |
| Profit after taxes | € 646,834 | € 768,688 | € 1,036,642 | € 1,129,693 | ▲ 9% |
| Equity | € 796,834 | € 1,385,523 | € 1,942,165 | € 2,591,858 | ▲ 33% |
| Total debts | € 856,824 | € 3,001,349 | € 1,525,981 | € 2,727,499 | ▲ 79% |
| Cash | € 692,506 | € 212,300 | € 90,343 | € 591,682 | ▲ € 501,339 |
| Retained profit | € 646,834 | € 1,235,523 | € 1,792,165 | € 2,441,858 | ▲ 36% |
| Dividend | € 0 | € 180,000 | € 480,000 | € 480,000 | |
| Bank debt | € 26,465 | € 85,385 | € 10,298 | € 1,493 | ▼ 86% |
| Balance sheet total | € 1,653,658 | € 4,386,872 | € 3,468,146 | € 5,319,357 | ▲ 53% |
| Employees (FTE) | 0.3 | 1.1 | 0.2 | 0.6 | ▲ 0.4 |
Key figures of Progr3ss, 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 Progr3ss?
What happened at Progr3ss in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.1 million (▲ 9% vs 2024). Source: NBB ↗
- New establishment in Maaseik. KBO
- Start of the company according to the CBE. KBO
In short
From € 646,834 profit in 2022 to € 1.1 million profit in 2025.
Paid € 1.1 million in corporate taxes since 2022.
Best year ever: 2025, with € 1.1 million profit.
On average € 1 million of value added per employee in 2023.
Management
Behind Progr3ss are Mainvest BV, SD Proteco BV and Concept Nikèl BV. The same people are also behind Progr3ssimmo. Mainvest BV is also behind WEELDSE BOUW & SCHRIJNWERKERIJ and FASTIGIUM.
Directors
According to the 2025 annual accounts
Director · represented by Frans Mathé
Also active at: WEELDSE BOUW & SCHRIJNWERKERIJ, Progr3ssimmo, FASTIGIUM
Establishments
Establishment units
Physical locations of this company
Beemdstraat 20
3680 Maaseik
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0774.380.494
- VAT number
- BE 0774.380.494
- Registered office
- Beemdstraat 20, 3680 Maaseik
- Names & denominations
- Progr3ss
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 September 2021
- Peppol
- Active · Active since 15 May 2025
- Activities · NACE
Algemene bouw van residentiële gebouwen
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde bouwwerkzaamheden
Bouwrijp maken van terreinen
Plaatsen van behang en vloerbedekking en wandbekleding van andere materialen
Metselwerk
Schilderen van gebouwen
Detailhandel in tapijten en andere vloerbedekking en wandbekleding
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