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 2 of the last 2 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
31 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
PROGRESSIVUM from Waregem, company number BE0802265224, closed financial year 2025 with a result of € -13,977 after tax. For that financial year PROGRESSIVUM recorded a gross margin of € -13,487 and equity of € -70,273. Compared with financial year 2024, the result moved from € -156,296 to € -13,977. 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.
€ -70,273
▼ € 13,977 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -13,977
▲ 91 % less loss than in 2024
Profit after tax over the fiscal year.
€ 4,861
▼ 73% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -170,273.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 103,808
▼ 37% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -154,899 | € -13,487 | ▲ € 141,412 |
| Profit after taxes | € -156,296 | € -13,977 | ▲ € 142,319 |
| Equity | € -56,296 | € -70,273 | ▼ € 13,977 |
| Total debts | € 163,727 | € 103,808 | ▼ 37% |
| Cash | € 17,906 | € 4,861 | ▼ 73% |
| Retained profit | € -156,296 | € -170,273 | ▼ € 13,977 |
| Balance sheet total | € 107,431 | € 33,535 | ▼ 69% |
Key figures of PROGRESSIVUM, fiscal years 2024 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 PROGRESSIVUM?
What happened at PROGRESSIVUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 13,977. Source: NBB ↗
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 156,296 loss in 2024 to € 13,977 loss in 2025.
A new publication or filing at PROGRESSIVUM? We notify you, reason included.
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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
The stake of CONXION comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PROGRESSIVUMBehind PROGRESSIVUM are BPOS-Live and Conxion BV. The shares are held by CONXION (50%).
Directors
According to the 2025 annual accounts
Director · represented by Crauwels Marc
Director · represented by Chris Debyser
Also active at: USERFULL, SYCOM, LUBON, Cats and Dogs, WESTSYS, GI.KO OFFICE SOLUTIONS, SHARECOM, WINGS SOFTWARE +3 more
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Wagenaarstraat 33
8791 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 31 companies are registered at this address.
All companies at this address →GROEP HUYZENTRUYT
€ 52.9 million revenue · 2025
AB-CONSULTING
€ 11,630 gross margin · 2025
SYCOM same network
€ 473,899 gross margin · 2025
CONXION same network
€ 57.1 million revenue · 2025
DATATECH
€ 102,669 gross margin · 2026
+26 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0802.265.224
- VAT number
- BE 0802.265.224
- Registered office
- Wagenaarstraat 33, 8791 Waregem
- Names & denominations
- PROGRESSIVUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 May 2023
- Peppol
- Active · Active since 19 Jan 2026
- Activities · NACE
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