ACTIVE

PROGRESS COMMUNICATIONS

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Financial year 2025 · closed on 31/12/2025
Net result
-14,0 k €
-179.5% YoY
Gross margin
373,4 k €
+3.6% YoY
Equity
143,2 k €
-8.9% YoY
Workforce
6,4 ETP
+6.7% YoY

What does PROGRESS COMMUNICATIONS do?

PROGRESS COMMUNICATIONS is a Private limited company incorporated in 2010. Its main activity is: Management consultancy activities. Its registered office is in Antwerpen. It employs on average 6,4 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0823.467.048
Incorporation
26/02/2010
Legal form
Private limited company
Registered office
Lange Lozanastraat 142
2018 Antwerpen · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
6,4 ETP
Activities (NACE)
70200Management consultancy activities· main70210Public relations and communication activities70220Business and other management consultancy activities73300Advertising and market research59201Sound recording and music publishing activities59201Sound recording and music publishing activities+4
Joint committees (3)
  • 100
  • 200
  • 218
Signals
Solid equityLow riskGood liquidityHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120202019201820172016201520142013201220112010
Income statement
Gross margin373,4 k €360,4 k €467,2 k €415,3 k €262,1 k €258,1 k €255,8 k €198,0 k €361,4 k €336,0 k €268,5 k €331,1 k €231,4 k €225,0 k €185,1 k €134,4 k €
EBITDA-4,8 k €36,7 k €112,0 k €94,3 k €-58,6 k €24,1 k €18,5 k €-101,2 k €31,6 k €28,0 k €-29,5 k €66,8 k €29,9 k €66,1 k €29,0 k €34,2 k €
Operating result-9,7 k €31,8 k €108,5 k €92,2 k €-65,8 k €19,5 k €13,0 k €-106,7 k €26,8 k €23,9 k €-34,6 k €63,6 k €27,5 k €63,7 k €28,3 k €33,7 k €
Net result-14,0 k €17,6 k €78,2 k €85,3 k €-72,8 k €14,9 k €9,6 k €-108,9 k €9,1 k €14,0 k €-36,1 k €37,5 k €15,0 k €38,9 k €16,4 k €20,1 k €
Balance sheet
Equity143,2 k €157,2 k €139,6 k €61,5 k €-23,8 k €49,0 k €34,1 k €24,5 k €133,4 k €124,3 k €110,4 k €146,4 k €108,9 k €93,9 k €55,1 k €38,7 k €
Total assets316,9 k €293,0 k €294,8 k €272,6 k €270,5 k €226,0 k €199,4 k €161,2 k €253,1 k €295,5 k €214,5 k €213,4 k €183,0 k €165,8 k €130,3 k €86,5 k €
Cash111,3 k €54,3 k €74,8 k €23,8 k €49,6 k €141,0 k €56,0 k €5,2 k €87,4 k €102,8 k €25,1 k €109,7 k €53,2 k €61,0 k €37,7 k €57,9 k €
Debts148,5 k €135,8 k €155,1 k €209,7 k €266,4 k €172,0 k €160,1 k €127,8 k €119,7 k €169,7 k €104,1 k €67,0 k €74,1 k €71,8 k €75,2 k €47,9 k €
Other
Workforce6,4 ETP6,0 ETP5,6 ETP5,1 ETP4,9 ETP4,8 ETP–6,3 ETP5,8 ETP4,9 ETP5,9 ETP5,1 ETP3,3 ETP3,2 ETP3,0 ETP1,7 ETP
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 · 11 ended

Active mandates

Lammers van Toorenburg Holding BV BO

Director · since 26 février 2010

Represented by Charles Lammers van Toorenburg

Active

Ended mandates

Marcomsulta

Director · since 15 juin 2021 · until 30 avril 2023 · 0756.453.609

Represented by Richard Verbeek

Ended
Marcomsulta

Director · since 15 juin 2021 · 0756.453.609

Represented by Richard Verbeek

Ended
Karolien Hessels

Director · since 01 décembre 2011 · until 15 juin 2021

Ended
Karolien Hessels

Manager · since 01 décembre 2011

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged 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 date06/07/202616/07/202502/07/202431/10/202326/08/202231/07/2021
General meeting23/06/202617/06/202518/06/202426/09/202321/06/202215/06/2021
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

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202523/06/202606/07/2026DutchPDF
Abridged model31/12/202417/06/202516/07/2025DutchPDF
Abridged model31/12/202318/06/202402/07/2024DutchPDF
Abridged model31/12/202226/09/202331/10/2023DutchPDF
Abridged model31/12/202121/06/202226/08/2022DutchPDF
Abridged model31/12/202015/06/202131/07/2021DutchPDF
Micro model31/12/201927/10/202017/11/2020DutchPDF
Abridged model31/12/201818/06/201916/09/2019DutchPDF
Abridged model31/12/201719/06/201829/09/2018DutchPDF
Abridged model31/12/201620/06/201726/09/2017DutchPDF
Abridged model31/12/201521/06/201630/09/2016DutchPDF
Abridged model31/12/201416/06/201531/08/2015DutchPDF
Abridged model31/12/201317/06/201430/08/2014DutchPDF
Abridged model31/12/201218/06/201330/08/2013DutchPDF
Abridged model31/12/201119/06/201228/08/2012DutchPDF
Abridged model31/12/201021/06/201124/06/2011DutchPDF
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 · 11 ended

Active mandates

Lammers van Toorenburg Holding BV BO

Director · since 26 février 2010

Represented by Charles Lammers van Toorenburg

Active

Ended mandates

Marcomsulta

Director · since 15 juin 2021 · until 30 avril 2023 · 0756.453.609

Represented by Richard Verbeek

Ended
Marcomsulta

Director · since 15 juin 2021 · 0756.453.609

Represented by Richard Verbeek

Ended
Karolien Hessels

Director · since 01 décembre 2011 · until 15 juin 2021

Ended
Karolien Hessels

Manager · since 01 décembre 2011

Ended
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. 2025
    Annual accounts 2025-14,0 k €↓
  2. 2024
    Annual accounts 202417,6 k €↓
  3. 2023
    Annual accounts 202378,2 k €↓
  4. 2022
    Annual accounts 202285,3 k €↑
  5. 2021
    Annual accounts 2021-72,8 k €↓
  6. 2020
    Annual accounts 202014,9 k €↑
  7. 2019
    Annual accounts 20199,6 k €↑
  8. 2018
    Annual accounts 2018-108,9 k €↓
  9. 2017
    Annual accounts 20179,1 k €↓
  10. 2016
    Annual accounts 201614,0 k €↑
  11. 2015
    Annual accounts 2015-36,1 k €↓
  12. 2014
    Annual accounts 201437,5 k €↑
  13. 2013
    Annual accounts 201315,0 k €↓
  14. 2012
    Annual accounts 201238,9 k €↑
  15. 2011
    Annual accounts 201116,4 k €↓
  16. 2010
    Annual accounts 201020,1 k €
  17. 26/02/2010
    IncorporationPrivate limited company