Financials
Financial year 2025
PROGRESS ENERGY SERVICES from Vilvoorde, company number BE0874841416, closed financial year 2025 with a result of € -286,100 after tax. For that financial year PROGRESS ENERGY SERVICES recorded a gross margin of € -255,804 and equity of € 2.1 million. Compared with financial year 2024, the result moved from € 2.5 million to € -286,100. The company made a loss. The buffer shrank hard: equity is 61 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 27, 2026.
€ 2.1 million
▼ 61% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -286,100
▼ still € 2.5 million profit in 2024
Profit after tax over the fiscal year.
€ 517,296
▼ 64% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.8 million.
People and assets in 2025
€ 554
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 217,393
▲ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 486,488
▲ 81% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 101,998,678 | € 16,659 | - | - | |
| Gross margin | - | - | € -360,854 | € -255,804 | ▲ € 105,051 |
| Profit after taxes | € 7,227,589 | € 486,709 | € 2,528,209 | € -286,100 | ▼ € 2.8 million |
| Equity | € 2,398,048 | € 2,884,756 | € 5,412,965 | € 2,126,865 | ▼ 61% |
| Total debts | € 737,260 | € 614,483 | € 1,035,926 | € 4,227,649 | ▲ € 3.2 million |
| Cash | € 1,408,064 | € 824,107 | € 1,439,235 | € 517,296 | ▼ 64% |
| Retained profit | € 2,098,048 | € 2,584,756 | € 5,112,965 | € 1,826,865 | ▼ 64% |
| Dividend | € 0 | € 0 | € 0 | € 3,000,000 | |
| Balance sheet total | € 3,135,307 | € 3,499,239 | € 6,448,891 | € 6,354,514 | ▼ 1% |
Key figures of PROGRESS ENERGY SERVICES, 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 ENERGY SERVICES?
What happened at PROGRESS ENERGY SERVICES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 286,100 (▼ € 2.8 million vs 2024). Source: NBB ↗
- ENERGETIQ BV became a director. NBB
- New establishment in Vilvoorde. KBO
- Start of the company according to the CBE. KBO
In short
From € 7.2 million profit in 2022 to € 286,100 loss in 2025.
Paid € 1.3 million in corporate taxes since 2022.
Best year ever: 2022, with € 7.2 million profit.
Paid out € 3 million in dividends to the owners in total.
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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 GREENFEVER comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PROGRESS ENERGY SERVICESBehind PROGRESS ENERGY SERVICES is ENERGETIQ BV. The shares are held by GREENFEVER (100%).
Directors
According to the 2025 annual accounts
Director · represented by LENAERTS Stijn
Also active at: STROOMFIXERS, GREENFEVER, Holoptic
since 2011
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Harensesteenweg 230 box 2.13
1800 Vilvoorde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
Website info
Features
Security
Details
- Company number
- 0874.841.416
- VAT number
- BE 0874.841.416
- Registered office
- Harensesteenweg 230 bus 2.13, 1800 Vilvoorde
- Names & denominations
- PROGRESS ENERGY SERVICES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 July 2005
- Peppol
- Active · Active since 8 Sept 2025
- Contact
- progressenergy.be
- Activities · NACE
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