ACTIVE

N&D PROGRESS

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Financial year 2025 · closed on 31/12/2025

Net result

174,6 k €

+130.7% YoY

Gross margin

349,5 k €

+69.0% YoY

Equity

735,3 k €

+14.8% YoY

Workforce

1,0 ETP

What does N&D PROGRESS do?

N&D PROGRESS is a Private limited company incorporated in 2017. Its main activity is: Construction of buildings. Its registered office is in Schaerbeek. It employs on average 1,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0678.861.626

Incorporation

25/07/2017

Legal form

Private limited company

Registered office

Avenue Adolphe Lacomblé 59 box 8
1030 Schaerbeek · BruxellesSee on map

Contributed capital

14 260,00 €

Latest accounts

31/12/2025

Average workforce

1,0 ETP

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 43990Other specialised construction activities n.e.c.43999Other specialised construction activities n.e.c.81210General cleaning of buildings 81210General cleaning of buildings

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 8 financial years

	2025		2024		2023		2022		2021		2020		2019		2018
Income statement
Gross margin	349,5 k €	+69.0%	206,8 k €	-23.8%	271,3 k €	+440%	50,3 k €	-90.4%	525,1 k €	+191%	180,6 k €	-21.0%	228,6 k €	+28.9%	177,4 k €
EBITDA	310,2 k €	+90.9%	162,5 k €	-30.6%	234 k €	+2670%	8,4 k €	-98.3%	486,1 k €	+241%	142,4 k €	-37.0%	225,9 k €	+27.4%	177,4 k €
Operating result	251,7 k €	+133%	108,1 k €	-48.3%	208,9 k €	+3813%	-5,6 k €	-101%	475,3 k €	+266%	129,9 k €	-39.2%	213,6 k €	+21.9%	175,2 k €
Net result	174,6 k €	+131%	75,7 k €	-48.6%	147,3 k €	+4752%	-3,2 k €	-101%	319,1 k €	+284%	83,2 k €	-39.9%	138,3 k €	+28.4%	107,8 k €
Balance sheet
Equity	735,3 k €	+14.8%	640,7 k €	-8.5%	700 k €	+6.4%	657,7 k €	-0.5%	660,8 k €	+93.4%	341,7 k €	+32.2%	258,5 k €	+115%	120,2 k €
Total assets	1,2 M €	+29.1%	901,9 k €	+15.7%	779,2 k €	-18.4%	954,8 k €	+10.6%	863,2 k €	+95.3%	442 k €	-13.4%	510,4 k €	+106%	247,5 k €
Cash	418,4 k €	-9.7%	463,2 k €	+66.1%	278,9 k €	+34.2%	207,8 k €	-29.1%	293 k €	+108%	140,8 k €	+891%	14,2 k €	-53.0%	30,3 k €
Debts	429,4 k €	+64.4%	261,2 k €	+230%	79,2 k €	-73.3%	297,1 k €	+46.8%	202,4 k €	+102%	100,3 k €	-60.2%	251,9 k €	+97.8%	127,4 k €
Other
Workforce	1,0 ETP		–		1,0 ETP	0.0%	1,0 ETP		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Nicusor Rosioru

Director

Active

Ended mandates

Nicusor Rosioru

Manager · since 17 juillet 2017

Ended

Nicusor Rosioru

Mandate

Ended

At this address

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/08/2026	28/08/2025	30/08/2024	31/08/2023	31/08/2022	10/09/2021
General meeting	18/06/2026	19/06/2025	20/06/2024	15/06/2023	16/06/2022	17/06/2021
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

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Filings

Annual accounts filings

8 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	18/06/2026	28/08/2026	French	PDF
Abridged model	31/12/2024	19/06/2025	28/08/2025	French	PDF
Abridged model	31/12/2023	20/06/2024	30/08/2024	French	PDF
Abridged model	31/12/2022	15/06/2023	31/08/2023	French	PDF
Abridged model	31/12/2021	16/06/2022	31/08/2022	French	PDF
Micro model	31/12/2020	17/06/2021	10/09/2021	French	PDF
Micro model	31/12/2019	18/06/2020	08/10/2020	French	PDF
Micro model	31/12/2018	20/06/2019	30/08/2019	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 1 active · 2 ended

Active mandates

Nicusor Rosioru

Director

Active

Ended mandates

Nicusor Rosioru

Manager · since 17 juillet 2017

Ended

Nicusor Rosioru

Mandate

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates29/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DIVERS - DEMISSIONS, NOMINATIONS
PDF
Other27/07/2017
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, 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

2025
Annual accounts 2025174,6 k €↑
2024
Annual accounts 202475,7 k €↓
2023
Annual accounts 2023147,3 k €↑
2022
Annual accounts 2022-3,2 k €↓
2021
Annual accounts 2021319,1 k €↑
2020
Annual accounts 202083,2 k €↓
2019
Annual accounts 2019138,3 k €↑
2018
Annual accounts 2018107,8 k €
25/07/2017
IncorporationPrivate limited company

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

N&D PROGRESS

Overview

What does N&D PROGRESS do?

Trend over 8 financial years

Indicative valuation

Board of directors

Other companies at this address

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