ACTIVE

Progress-Ing. Group

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Financial year 2025 · closed on 31/12/2025
Net result
59,7 k €
-20.1% YoY
Gross margin
103,3 k €
+2.9% YoY
Equity
56,4 k €
+1843.9% YoY

What does Progress-Ing. Group do?

Progress-Ing. Group is a Private limited company incorporated in 2018. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Frameries.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0687.904.105
Incorporation
12/01/2018
Legal form
Private limited company
Registered office
Rue de France 62
7080 Frameries · WallonieSee on map
Contributed capital
2 500,00 €
Latest accounts
31/12/2025
Activities (NACE)
71121Engineering activities and related technical consultancy· main71121Engineering activities and related technical consultancy
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192018
Income statement
Gross margin103,3 k €100,4 k €-5,4 k €-17,8 k €-11,5 k €-5,7 k €39,9 k €-11,4 k €
EBITDA102,9 k €94,5 k €-10 k €-22,2 k €-14,6 k €-6,5 k €37,9 k €-13,2 k €
Operating result84,3 k €86,5 k €-16,9 k €-29,1 k €-18,9 k €-7,6 k €37,3 k €-14,4 k €
Net result59,7 k €74,7 k €-19,5 k €-32,4 k €-17,7 k €-10,4 k €20 k €-14,8 k €
Balance sheet
Equity56,4 k €-3,2 k €-72,2 k €-52,7 k €-20,3 k €-2,7 k €7,8 k €-12,3 k €
Total assets176,2 k €139,7 k €76,1 k €70 k €77,1 k €73 k €51,1 k €4,4 k €
Cash70,2 k €11,5 k €294,9 €–4,4 k €10,3 k €35,4 k €831,9 €
Debts119,8 k €142,8 k €148,1 k €122,7 k €96 k €75,7 k €43,3 k €16,6 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

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

Active mandates

Julien Moulin

Director · since 03 janvier 2025

Active

Ended mandates

JULIEN MOULIN

Administrator - manager · since 12 janvier 2018

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date08/09/202627/10/202515/07/202415/07/202409/07/202410/05/2022
General meeting30/06/202630/06/202501/07/202430/06/202330/06/202218/04/2022
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/06/202608/09/2026FrenchPDF
Micro model31/12/202430/06/202527/10/2025FrenchPDF
Micro model31/12/202301/07/202415/07/2024FrenchPDF
Micro model31/12/202230/06/202315/07/2024FrenchPDF
Micro model31/12/202130/06/202209/07/2024FrenchPDF
Micro model31/12/202018/04/202210/05/2022FrenchPDF
Micro model31/12/201911/09/202023/10/2020FrenchPDF
Micro model31/12/201803/10/201904/10/2019FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 1 ended

Active mandates

Julien Moulin

Director · since 03 janvier 2025

Active

Ended mandates

JULIEN MOULIN

Administrator - manager · since 12 janvier 2018

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates10/01/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Court decision02/10/2024
    RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...) - DIVERS
    PDF
  • Registered office08/04/2021
    SIEGE SOCIAL
    PDF
  • Other16/01/2018
    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

Timeline

  1. 2025
    Annual accounts 202559,7 k €↓
  2. 2024
    Annual accounts 202474,7 k €↑
  3. 2023
    Annual accounts 2023-19,5 k €↑
  4. 2022
    Annual accounts 2022-32,4 k €↓
  5. 2021
    Annual accounts 2021-17,7 k €↓
  6. 2020
    Annual accounts 2020-10,4 k €↓
  7. 2019
    Annual accounts 201920 k €↑
  8. 2018
    Annual accounts 2018-14,8 k €
  9. 12/01/2018
    IncorporationPrivate limited company