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 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 9 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Progress Consult from Amay, company number BE0839154819, closed financial year 2025 with a result of € -36,681 after tax. For that financial year Progress Consult recorded a gross margin of € 37,477 and equity of € -409,415. Compared with financial year 2024, the result moved from € -43,319 to € -36,681. 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 20, 2026.
€ -409,415
▼ € 36,681 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -36,681
▲ 15 % less loss than in 2024
Profit after tax over the fiscal year.
€ 9,282
▼ 8% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -415,665.
People and assets in 2025
€ 40,640
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 445,433
▼ 14% vs 2024
€ 79,815 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 2,634
▼ 65% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 72,405 | € 73,087 | - | - | |
| Gross margin | € 48,326 | € 34,166 | € 35,911 | € 37,477 | ▲ 4% |
| Profit after taxes | € -18,366 | € -28,207 | € -43,319 | € -36,681 | ▲ € 6,638 |
| Equity | € -301,209 | € -329,416 | € -372,735 | € -409,415 | ▼ € 36,681 |
| Total debts | € 939,568 | € 896,627 | € 970,791 | € 957,866 | ▼ 1% |
| Cash | € 37,715 | € 5,627 | € 10,135 | € 9,282 | ▼ 8% |
| Land & buildings | € 595,764 | € 558,058 | € 532,403 | € 496,811 | ▼ 7% |
| Retained profit | € -307,459 | € -335,666 | € -378,985 | € -415,665 | ▼ € 36,681 |
| Bank debt | € 585,821 | € 517,801 | € 518,773 | € 445,433 | ▼ 14% |
| Balance sheet total | € 638,359 | € 567,211 | € 598,056 | € 548,451 | ▼ 8% |
Key figures of Progress Consult, 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 Progress Consult?
What happened at Progress Consult in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 36,681. filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Amay. KBO
- STEFANO GUALTERI became a director. NBB
In short
From € 18,366 loss in 2022 to € 36,681 loss in 2025.
Paid € 700 in corporate taxes since 2022.
Management
Behind Progress Consult is STEFANO GUALTERI.
Directors
According to the 2025 annual accounts
STEFANO GUALTERI
Director
since 2011
Establishments
Establishment units
Physical locations of this company
Rue du Pont(AMA) 15
4540 Amay
Rue Pont al Macralle(Jeh) 15
4540 Amay
Active since 7 September 2011
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0839.154.819
- VAT number
- BE 0839.154.819
- Registered office
- Rue du Pont(AMA) 15, 4540 Amay
- Names & denominations
- Progress Consult
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 September 2011
- Peppol
- Active · Active since 4 Nov 2025