NORMAL SITUATION

Progress HR

Financial year 2024 · closed on 31/12/2024
Net result
-37,2 k €
-1.8% YoY
Gross margin
-9,7 k €
-127.9% YoY
Equity
-30 k €
-518.9% YoY
Workforce
1,0 ETP
+11.1% YoY

Company — Normal situation.

What does Progress HR do?

Progress HR is a company registered in Belgium. It employs on average 1,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0790.738.654
Legal form
Private limited company
Contributed capital
50 000,00 €
Latest accounts
31/12/2024
Average workforce
1,0 ETP
Joint committees (1)
  • 200
Signals
Healthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202420232022
Income statement
Gross margin-9,7 k €34,7 k €1,1 k €
EBITDA-31,8 k €-33,4 k €-5,5 k €
Operating result-36,4 k €-38 k €-6,2 k €
Net result-37,2 k €-36,6 k €-6,3 k €
Balance sheet
Equity-30 k €7,2 k €43,7 k €
Total assets41,7 k €87,2 k €83 k €
Cash14,6 k €8,6 k €55,4 k €
Debts71,8 k €80 k €39,2 k €
Other
Workforce1,0 ETP0,9 ETP0,6 ETP
Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active

Active mandates

Progress GD Management

Director · since 13 septembre 2022 · 0636.780.353

Represented by Goedele Delarue

Active
Sports & Intelligence

Director · since 13 septembre 2022 · 0809.149.155

Represented by Giovannelli SILVIO

Active
Annual accounts

Full financial information

202420232022
Type of accountAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202313/09/2022
Closing of the financial year31/12/202431/12/202331/12/2022
Length of the financial year12 months12 months4 months
Filing date04/07/202518/07/202419/07/2023
General meeting04/06/202519/06/202421/06/2023
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

3 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202404/06/202504/07/2025DutchPDF
Abridged model31/12/202319/06/202418/07/2024DutchPDF
Abridged model31/12/202221/06/202319/07/2023DutchPDF
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 · 2 active

Active mandates

Progress GD Management

Director · since 13 septembre 2022 · 0636.780.353

Represented by Goedele Delarue

Active
Sports & Intelligence

Director · since 13 septembre 2022 · 0809.149.155

Represented by Giovannelli SILVIO

Active
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024-37,2 k €
  2. 2023
    Annual accounts 2023-36,6 k €
  3. 2022
    Annual accounts 2022-6,3 k €