NORMAL SITUATION

PROGEP

Export PDF

Financial year 2024 · closed on 31/12/2024

Net result

13,9 k €

-62.7% YoY

Gross margin

25,3 k €

-60.7% YoY

Equity

201,6 k €

+7.4% YoY

Company — Normal situation.

What does PROGEP do?

PROGEP is a company registered in Belgium.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0426.773.373

Legal form

Private company with limited liability

Contributed capital

18 740,75 €

Latest accounts

31/12/2024

Joint committees (1)

14901

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	25,3 k €	-60.7%	64,2 k €	+70.5%	37,7 k €	-68.1%	118,1 k €	+308%	28,9 k €	-78.8%	136,3 k €	+32.2%	103,1 k €	+499%	17,2 k €	+43.8%	12 k €	-44.8%	21,7 k €	-45.3%	39,6 k €	+743%	4,7 k €	-79.8%	23,2 k €	-22.8%	30,1 k €	+71.7%	17,5 k €	+10.8%	15,8 k €	-30.3%	22,7 k €	-81.1%	120,1 k €	+9123%	-1,3 k €
EBITDA	23,9 k €	-62.0%	62,9 k €	+73.4%	36,3 k €	-68.9%	116,6 k €	+327%	27,3 k €	-79.8%	135,4 k €	+33.0%	101,8 k €	+684%	13 k €	+15.5%	11,2 k €	-45.5%	20,6 k €	-44.5%	37,1 k €	+1110%	3,1 k €	-86.6%	22,9 k €	-22.7%	29,6 k €	+84.1%	16,1 k €	+4.0%	15,5 k €	-28.5%	21,6 k €	+13.2%	19,1 k €	+1536%	-1,3 k €
Operating result	19,1 k €	-66.8%	57,4 k €	+87.7%	30,6 k €	-71.6%	107,6 k €	+432%	20,2 k €	-84.0%	126,4 k €	+38.3%	91,4 k €	+1054%	7,9 k €	-21.9%	10,1 k €	-32.2%	15 k €	-53.5%	32,2 k €	+1800%	-1,9 k €	-111%	17,8 k €	-25.9%	24,1 k €	+92.8%	12,5 k €	+15.1%	10,9 k €	-36.8%	17,2 k €	+82.3%	9,4 k €	+808%	-1,3 k €
Net result	13,9 k €	-62.7%	37,4 k €	+96.3%	19,1 k €	-73.8%	72,6 k €	+482%	12,5 k €	-84.5%	80,4 k €	+29.8%	62 k €	+1990%	-3,3 k €	-8.1%	-3 k €	-219%	2,5 k €	-91.9%	31,2 k €	+823%	-4,3 k €	-176%	5,7 k €	+9.5%	5,2 k €	-19.9%	6,5 k €	+4685%	-141,8 €	-101%	12,9 k €	+200%	4,3 k €	+423%	-1,3 k €
Balance sheet
Equity	201,6 k €	+7.4%	187,6 k €	+24.9%	150,2 k €	-1.3%	152,2 k €	+60.9%	94,6 k €	+5.5%	89,6 k €	+271%	24,2 k €	-56.2%	55,2 k €	-5.6%	58,5 k €	-4.9%	61,5 k €	+4.3%	59 k €	+112%	27,8 k €	-17.5%	33,7 k €	+20.4%	28 k €	+22.9%	22,8 k €	+40.0%	16,3 k €	-0.9%	16,4 k €	+371%	3,5 k €	+518%	-832,4 €
Total assets	226 k €	+2.2%	221,2 k €	+20.8%	183,1 k €	-17.7%	222,6 k €	+45.7%	152,8 k €	-23.6%	200 k €	+2.3%	195,5 k €	+111%	92,6 k €	+14.6%	80,8 k €	+3.2%	78,3 k €	+10.6%	70,8 k €	+37.0%	51,7 k €	-19.5%	64,2 k €	-0.6%	64,5 k €	+67.1%	38,6 k €	+1.7%	38 k €	-20.0%	47,4 k €	-43.3%	83,7 k €	+656%	11,1 k €
Cash	45,3 k €	-13.9%	52,6 k €	-61.9%	137,9 k €	-16.3%	164,7 k €	+99.0%	82,8 k €	-20.7%	104,4 k €	+50.9%	69,2 k €	+1381%	4,7 k €	+172%	1,7 k €	-94.6%	31,7 k €	+7.4%	29,5 k €	+352%	6,5 k €	-31.6%	9,6 k €	+19.0%	8 k €	+208%	2,6 k €	+13.6%	2,3 k €	+2680%	82,5 €	-95.4%	1,8 k €		–
Debts	24,4 k €	-27.3%	33,6 k €	+2.1%	32,9 k €	-53.3%	70,4 k €	+20.9%	58,3 k €	-29.4%	82,5 k €	-51.8%	171,1 k €	+360%	37,2 k €	+66.6%	22,3 k €	+33.2%	16,8 k €	+42.4%	11,8 k €	-50.7%	23,9 k €	-21.7%	30,5 k €	-16.6%	36,6 k €	+131%	15,9 k €	-26.9%	21,7 k €	-30.1%	31 k €	-61.3%	80,2 k €	+574%	11,9 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		4,2 ETP		–

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 5 ended

Active mandates

Pascal Greusen

Director · since 08 mars 2006

Active

Ended mandates

Pascal GREUSEN

Manager · since 08 mars 2006

Ended

Marie Claude LEKENS

Manager · since 18 janvier 1985 · until 08 mars 2006

Ended

Pascal GREUSEN

Mandate

Ended

Pascal GREUSEN

Manager

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	17/07/2025	12/07/2024	14/08/2023	19/04/2022	23/06/2021	30/06/2020
General meeting	03/06/2025	04/06/2024	06/06/2023	29/03/2022	01/06/2021	02/06/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

32 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	03/06/2025	17/07/2025	French	PDF
Micro model	31/12/2023	04/06/2024	12/07/2024	French	PDF
Micro model	31/12/2022	06/06/2023	14/08/2023	French	PDF
Micro model	31/12/2021	29/03/2022	19/04/2022	French	PDF
Micro model	31/12/2020	01/06/2021	23/06/2021	French	PDF
Micro model	31/12/2019	02/06/2020	30/06/2020	French	PDF
Micro model	31/12/2018	04/06/2019	08/07/2019	French	PDF
Micro model	31/12/2017	05/06/2018	23/08/2018	French	PDF
Micro model	31/12/2016	06/06/2017	31/08/2017	French	PDF
Abridged model	31/12/2015	07/06/2016	30/08/2016	French	PDF
Abridged model	31/12/2014	02/06/2015	25/08/2015	French	PDF
Abridged model	31/12/2013	03/06/2014	28/08/2014	French	PDF
Abridged model	31/12/2012	04/06/2013	28/08/2013	French	PDF
Abridged model	31/12/2011	05/06/2012	28/08/2012	French	PDF
Abridged model	31/12/2010	07/06/2011	07/11/2011	French	PDF
Abridged model	31/12/2009	01/06/2010	27/08/2010	French	PDF
Abridged model	31/12/2008	02/06/2009	28/08/2009	French	PDF
Abridged model	31/12/2007	03/06/2008	27/08/2008	French	PDF
Abridged model	31/12/2006	05/06/2007	28/08/2007	French	PDF
Abridged model	31/12/2005	04/07/2006	17/07/2006	French	PDF
Abridged model	31/12/2004	08/07/2005	25/07/2005	French	PDF
Abridged model	31/12/2003	14/07/2004	15/07/2004	French	PDF
Abridged model	31/12/2002	02/09/2003	12/02/2004	French	PDF
Abridged model	31/12/2001	03/09/2002	19/11/2002	French	PDF

View all 32 filings

Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 5 ended

Active mandates

Pascal Greusen

Director · since 08 mars 2006

Active

Ended mandates

Pascal GREUSEN

Manager · since 08 mars 2006

Ended

Marie Claude LEKENS

Manager · since 18 janvier 1985 · until 08 mars 2006

Ended

Pascal GREUSEN

Mandate

Ended

Pascal GREUSEN

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Dissolution20/01/2026
RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2024
Annual accounts 202413,9 k €↓
2023
Annual accounts 202337,4 k €↑
2022
Annual accounts 202219,1 k €↓
2021
Annual accounts 202172,6 k €↑
2020
Annual accounts 202012,5 k €↓
2019
Annual accounts 201980,4 k €↑
2018
Annual accounts 201862 k €↑
2017
Annual accounts 2017-3,3 k €↓
2016
Annual accounts 2016-3 k €↓
2015
Annual accounts 20152,5 k €↓
2014
Annual accounts 201431,2 k €↑
2013
Annual accounts 2013-4,3 k €↓
2012
Annual accounts 20125,7 k €↑
2011
Annual accounts 20115,2 k €↓
2010
Annual accounts 20106,5 k €↑
2009
Annual accounts 2009-141,8 €↓
2008
Annual accounts 200812,9 k €↑
2007
Annual accounts 20074,3 k €↑
2006
Annual accounts 2006-1,3 k €

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

PROGEP

Overview

What does PROGEP do?

Trend over 19 financial years

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline