ACTIVE

PROGRESS

Financial year 2025 · closed on 31/12/2025
Net result
-31,9 k €
-132.4% YoY
Gross margin
-32,5 k €
-143.2% YoY
Equity
10,2 M €
-0.3% YoY

What does PROGRESS do?

PROGRESS is a Private limited company incorporated in 1992. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Wavre.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0447.900.666
Incorporation
10/07/1992
Legal form
Private limited company
Registered office
Avenue Pasteur 6
1300 Wavre · WallonieSee on map
Contributed capital
2 973 402,28 €
Latest accounts
31/12/2025
Joint committees (4)
  • 100
  • 10000
  • 20000
  • 218
Signals
Solid equityLow riskGood liquidityPositive cashflowHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 22 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007200620052004
Income statement
Gross margin-32,5 k €75,3 k €-54,3 k €-7,5 k €252,4 k €-5,2 k €164,8 k €-220,7 k €-192,0 k €-41,2 k €67,7 k €97,8 k €62,6 k €26,5 k €-247,5 k €21,8 k €-146,8 k €-37,2 k €-86,1 k €20,9 k €-46,3 k €40,1 k €
EBITDA-151,4 k €-78,4 k €-229,5 k €-84,8 k €179,1 k €-39,7 k €132,9 k €-245,8 k €-211,1 k €-63,2 k €42,3 k €81,2 k €46,0 k €-9,4 k €-289,9 k €-27,1 k €-180,4 k €-81,2 k €-122,9 k €-3,0 k €-73,9 k €-11,2 k €
Operating result-246,2 k €-152,3 k €-314,2 k €-160,8 k €127,3 k €-91,3 k €60,9 k €-341,2 k €-324,4 k €-176,0 k €-79,6 k €-37,0 k €-71,7 k €-119,2 k €-446,5 k €-196,2 k €-338,2 k €-202,2 k €-237,9 k €-128,1 k €-154,8 k €-100,1 k €
Net result-31,9 k €98,3 k €-87,4 k €2,9 M €290,7 k €95,0 k €-4,4 M €-238,6 k €-199,8 k €-96,7 k €-34,1 k €2,2 k €10,4 k €2,3 M €-402,8 k €-302,5 k €-350,9 k €-344,4 k €2,1 M €1,0 M €655,3 k €1,1 M €
Balance sheet
Equity10,2 M €10,2 M €10,1 M €10,2 M €7,3 M €7,0 M €6,9 M €11,3 M €11,6 M €11,8 M €11,9 M €11,9 M €11,9 M €11,9 M €9,6 M €7,1 M €7,4 M €7,7 M €8,1 M €6,0 M €5,0 M €4,3 M €
Total assets10,4 M €10,5 M €10,6 M €11,8 M €9,2 M €7,7 M €7,7 M €12,0 M €12,5 M €14,5 M €14,3 M €14,3 M €14,3 M €14,0 M €14,1 M €12,4 M €12,9 M €11,2 M €9,0 M €9,0 M €6,8 M €5,4 M €
Cash524,4 k €534,4 k €672,1 k €1,6 M €753,3 k €103,6 k €61,4 k €141,2 k €104,4 k €59,9 k €201,9 k €136,0 k €90,5 k €220,8 k €83,6 k €373,7 k €69,2 k €105,7 k €94,8 k €89,3 k €10,9 k €
Debts215,5 k €286,5 k €495,8 k €1,6 M €1,9 M €685,8 k €803,9 k €666,7 k €925,6 k €2,7 M €2,4 M €2,3 M €2,3 M €2,1 M €2,2 M €3,0 M €3,2 M €3,5 M €856,8 k €3,0 M €1,8 M €1,0 M €
Other
Workforce3,5 ETP1,5 ETP1,3 ETP0,6 ETP0,3 ETP0,3 ETP0,3 ETP0,4 ETP0,4 ETP0,4 ETP0,4 ETP0,4 ETP0,4 ETP1,2 ETP1,0 ETP1,1 ETP0,7 ETP0,4 ETP0,6 ETP1,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 15 ended

Active mandates

Alexander Hommerson

Director · since 08 janvier 2021

Active
Barbara Ahrens

Director · since 08 janvier 2021

Active
Nicolaas Hommerson

Director · since 08 janvier 2021

Active

Ended mandates

Alexander Dhr. Hommerson

Director · since 08 janvier 2021

Ended
Barbara Mevr. AHRENS

Director · since 08 janvier 2021

Ended
Nicolaas Dhr. HOMMERSON

Director · since 08 janvier 2021

Ended
Barbara AHRENS

Director · since 19 mai 2016 · until 18 mai 2022

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date13/08/202630/07/202531/07/202427/07/202318/07/202229/10/2021
General meeting30/06/202630/06/202515/05/202417/05/202318/05/202227/10/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

33 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/06/202613/08/2026FrenchPDF
Micro model31/12/202430/06/202530/07/2025FrenchPDF
Abridged model31/12/202315/05/202431/07/2024FrenchPDF
Abridged model31/12/202217/05/202327/07/2023DutchPDF
Abridged model31/12/202118/05/202218/07/2022DutchPDF
Abridged modelCorrection31/12/202027/10/202129/10/2021DutchPDF
Abridged model31/12/202019/05/202129/07/2021DutchPDF
Abridged model31/12/201920/05/202030/07/2020DutchPDF
Abridged model31/12/201815/05/201910/07/2019DutchPDF
Abridged model31/12/201716/05/201827/07/2018DutchPDF
Abridged model31/12/201617/05/201726/09/2017DutchPDF
Abridged modelCorrection31/12/201518/05/201622/09/2017DutchPDF
Abridged model31/12/201518/05/201618/07/2016DutchPDF
Abridged modelCorrection31/12/201420/05/201520/09/2017DutchPDF
Abridged model31/12/201420/05/201516/07/2015DutchPDF
Abridged modelCorrection31/12/201321/05/201420/09/2017DutchPDF
Abridged model31/12/201321/05/201430/07/2014DutchPDF
Abridged modelCorrection31/12/201215/05/201320/09/2017DutchPDF
Abridged model31/12/201215/05/201311/07/2013DutchPDF
Abridged modelCorrection31/12/201116/05/201220/09/2017DutchPDF
Abridged model31/12/201116/05/201209/07/2012DutchPDF
Abridged modelCorrection31/12/201018/05/201120/09/2017DutchPDF
Abridged model31/12/201018/05/201129/07/2011DutchPDF
Abridged modelCorrection31/12/200919/05/201020/09/2017DutchPDF

View all 33 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

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 31/12/2025 · 3 active · 15 ended

Active mandates

Alexander Hommerson

Director · since 08 janvier 2021

Active
Barbara Ahrens

Director · since 08 janvier 2021

Active
Nicolaas Hommerson

Director · since 08 janvier 2021

Active

Ended mandates

Alexander Dhr. Hommerson

Director · since 08 janvier 2021

Ended
Barbara Mevr. AHRENS

Director · since 08 janvier 2021

Ended
Nicolaas Dhr. HOMMERSON

Director · since 08 janvier 2021

Ended
Barbara AHRENS

Director · since 19 mai 2016 · until 18 mai 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other10/05/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Registered office27/03/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates28/01/2021
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/12/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/04/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other05/01/2012
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates24/09/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office11/04/2005
    MAATSCHAPPELIJKE ZETEL
    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

Timeline

  1. 2025
    Annual accounts 2025-31,9 k €
  2. 2024
    Annual accounts 202498,3 k €
  3. 2023
    Annual accounts 2023-87,4 k €
  4. 2022
    Annual accounts 20222,9 M €
  5. 2021
    Annual accounts 2021290,7 k €
  6. 2020
    Annual accounts 202095,0 k €
  7. 2019
    Annual accounts 2019-4,4 M €
  8. 2018
    Annual accounts 2018-238,6 k €
  9. 2017
    Annual accounts 2017-199,8 k €
  10. 2016
    Annual accounts 2016-96,7 k €
  11. 2015
    Annual accounts 2015-34,1 k €
  12. 2014
    Annual accounts 20142,2 k €
  13. 2013
    Annual accounts 201310,4 k €
  14. 2012
    Annual accounts 20122,3 M €
  15. 2011
    Annual accounts 2011-402,8 k €
  16. 2010
    Annual accounts 2010-302,5 k €
  17. 2009
    Annual accounts 2009-350,9 k €
  18. 2008
    Annual accounts 2008-344,4 k €
  19. 2007
    Annual accounts 20072,1 M €
  20. 2006
    Annual accounts 20061,0 M €
  21. 2005
    Annual accounts 2005655,3 k €
  22. 2004
    Annual accounts 20041,1 M €
  23. 10/07/1992
    IncorporationPrivate limited company