Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
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Busy address KBO
65 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
PROGRESS ACADEMY from Gent, company number BE0806349221, closed financial year 2024 with a result of € -157 after tax. Compared with financial year 2023, the result moved from € -360 to € -157. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2025.
€ 38,004
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -157
▲ 56 % less loss than in 2023
Profit after tax over the fiscal year.
€ 1,282
▲ 2% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 31,704.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 197
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 54
Loans from banks and other lenders, long and short.
€ 27,275
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 1,116 | - | - | - | |
| Profit after taxes | € -739 | € 0 | € -360 | € -157 | ▲ € 203 |
| Equity | € 38,521 | € 38,521 | € 38,161 | € 38,004 | |
| Total debts | € 27,275 | € 27,275 | € 27,329 | € 27,329 | |
| Cash | € 1,077 | € 1,077 | € 1,260 | € 1,282 | ▲ 2% |
| Land & buildings | € 390 | € 390 | € 390 | € 390 | |
| Retained profit | € 32,221 | € 32,221 | € 31,861 | € 31,704 | |
| Bank debt | € 0 | € 0 | € 54 | € 54 | |
| Balance sheet total | € 65,796 | € 65,796 | € 65,490 | € 65,333 |
Key figures of PROGRESS ACADEMY, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to PROGRESS ACADEMY?
What happened at PROGRESS ACADEMY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 157. filed late Source: NBB ↗
- New establishment in Nazareth. KBO
- Isa Morgül became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 739 loss in 2021 to € 157 loss in 2024.
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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
Directors
According to the 2024 annual accounts
Isa Morgül
Director
since 2008
Establishments
Establishment units
Physical locations of this company
Franklin Rooseveltlaan 349 box B89
9000 Gent
Beenstraat 27 box A
9810 Nazareth
Active since 15 September 2008
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 65 companies are registered at this address.
All companies at this address →Investeringsmaatschappij Mella
€ -5,234 gross margin · 2025
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€ 74,440 gross margin · 2025
ASSURIMO
VOS AANNEMINGEN
€ 8,000 revenue · 2025
THE ATTIC COMPANY
€ 25,504 gross margin · 2025
+60 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
- 0806.349.221
- VAT number
- BE 0806.349.221
- Registered office
- Franklin Rooseveltlaan 349 bus B89, 9000 Gent
- Names & denominations
- PROGRESS ACADEMY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 September 2008
- Peppol
- Active · Active since 2 Jun 2026
- Activities · NACE
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