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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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
PROgrès-PArticipation-Gestion en Economie Sociale from Namur, company number BE0807483428, closed financial year 2025 with a result of € -289,738 after tax. For that financial year PROgrès-PArticipation-Gestion en Economie Sociale recorded a gross margin of € 863,970 and equity of € -347,701. Compared with financial year 2024, the result moved from € -104,589 to € -289,738. 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 August 31, 2026.
€ -347,701
▼ € 289,735 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -289,738
▼ 177 % more loss than in 2024
Profit after tax over the fiscal year.
€ 172,604
▼ 46% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
9.8
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 960,269
▲ 5% vs 2024
€ 98,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 4,706
▲ 45% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 11,090
▲ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 167,754
▲ 32% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 846,498 | € 825,010 | € 939,415 | € 863,970 | ▼ 8% |
| Profit after taxes | € 82,540 | € -30,326 | € -104,589 | € -289,738 | ▼ € 185,149 |
| Equity | € 76,951 | € 46,624 | € -57,966 | € -347,701 | ▼ € 289,735 |
| Total debts | € 718,850 | € 634,123 | € 546,404 | € 565,126 | ▲ 3% |
| Cash | € 65,309 | € 182,883 | € 317,265 | € 172,604 | ▼ 46% |
| Retained profit | € 76,951 | € 46,624 | € -57,966 | € -347,701 | ▼ € 289,735 |
| Bank debt | € 188,000 | € 128,000 | € 128,000 | € 0 | ▼ 100% |
| Balance sheet total | € 795,801 | € 680,747 | € 597,609 | € 326,593 | ▼ 45% |
| Employees (FTE) | 9.8 | 8.9 | 10.3 | 9.8 | ▼ 0.5 |
Key figures of PROgrès-PArticipation-Gestion en Economie Sociale, 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 PROgrès-PArticipation-Gestion en Economie Sociale?
What happened at PROgrès-PArticipation-Gestion en Economie Sociale in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 289,738. filed late Source: NBB ↗
- New establishment in Namur. KBO
- Start of the company according to the CBE. KBO
In short
From € 82,540 profit in 2022 to € 289,738 loss in 2025.
Best year ever: 2022, with € 82,540 profit.
On average € 88,200 of value added per employee in 2025.
Establishments
Establishment units
Physical locations of this company
Rue de Namur(BZ) 47
5000 Namur
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →Centre d'Education populaire André Genot
€ 8.3 million gross margin · 2025
CENTRE DE VACANCES DE BORZEE
€ -9,146 gross margin · 2022
Centre de Coordination, d'Etudes et de Formation
€ 456,972 gross margin · 2025
CITEA
€ 31,618 gross margin · 2024
IRW CGSP
+1 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
- 0807.483.428
- VAT number
- BE 0807.483.428
- Registered office
- Rue de Namur(BZ) 47, 5000 Namur
- Names & denominations
- PROgrès-PArticipation-Gestion en Economie Sociale · PROPAG-ES
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 30 October 2008
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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