ACTIVE

RESTAURANT DU PROGRES

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Financial year 2025 · closed on 31/12/2025
Net result
137,7 k €
+55.4% YoY
Gross margin
1,1 M €
+9.2% YoY
Equity
189,3 k €
+1.5% YoY
Workforce
21,9 ETP
+9.0% YoY

What does RESTAURANT DU PROGRES do?

RESTAURANT DU PROGRES is a Private limited company incorporated in 2012. Its main activity is: Restaurants and mobile food service activities. Its registered office is in Gent. It employs on average 21,9 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0843.625.133
Incorporation
01/02/2012
Legal form
Private limited company
Registered office
Korenmarkt 10
9000 Gent · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
21,9 ETP
Activities (NACE)
56101Restaurants and mobile food service activities· main56111Restaurants and mobile food service activities56210Event catering activities56210Event catering activities56220Event catering and other food service activities56290Other food service activities+2
Joint committees (1)
  • 302
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120182017
Income statement
Gross margin1,1 M €1,1 M €1 M €915,3 k €786,9 k €1 M €961,9 k €
EBITDA205,7 k €172,3 k €157,4 k €147,4 k €355,3 k €198,9 k €145,9 k €
Operating result151,6 k €98,9 k €93,6 k €82,7 k €264,5 k €93,8 k €68,2 k €
Net result137,7 k €88,6 k €79,1 k €65,2 k €254,7 k €63,6 k €47,6 k €
Balance sheet
Equity189,3 k €186,5 k €187,9 k €272,4 k €267,8 k €242,1 k €278,4 k €
Total assets623,3 k €573,4 k €624,7 k €636,3 k €782,8 k €601,2 k €592 k €
Cash374,8 k €302 k €208,8 k €334,1 k €459,6 k €214,6 k €227,7 k €
Debts434 k €386,6 k €436,8 k €363,8 k €515 k €358,6 k €313,5 k €
Other
Workforce21,9 ETP20,1 ETP19,6 ETP17,9 ETP15,9 ETP18,9 ETP17,0 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 · 7 ended

Active mandates

Wally

Director · since 02 janvier 2019 · 0712.630.492

Represented by Stijn Verpaele

Active

Ended mandates

Matis

Director · since 14 février 2019 · 0720.743.850

Represented by Johan DE BAETS

Ended
Matis

Director · since 14 février 2019 · 0720.743.850

Represented by Johan De Baets

Ended
Matis

Manager · since 02 janvier 2019 · 0720.743.850

Represented by Johan De Baets

Ended
Wally

Director · since 02 janvier 2019 · 0712.630.492

Represented by Stijn VERPAELE

Ended
At this address

Other companies at this address

CompanyCBE no.
KONINKLIJKE DEKENIJ KORENMARKT AANPALENDE STRATEN● Active
0452.975.746
Wally● Active
0712.630.492
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 date26/08/202610/06/202520/03/202402/05/202327/04/202209/06/2021
General meeting24/08/202620/05/202526/02/202410/03/202301/03/202220/05/2021
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

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202524/08/202626/08/2026DutchPDF
Abridged model31/12/202420/05/202510/06/2025DutchPDF
Abridged model31/12/202326/02/202420/03/2024DutchPDF
Abridged model31/12/202210/03/202302/05/2023DutchPDF
Abridged model31/12/202101/03/202227/04/2022DutchPDF
Abridged model31/12/202020/05/202109/06/2021DutchPDF
Abridged model31/12/201920/05/202009/07/2020DutchPDF
Abridged model31/12/201820/05/201912/07/2019DutchPDF
Abridged model31/12/201720/05/201827/06/2018DutchPDF
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 · 7 ended

Active mandates

Wally

Director · since 02 janvier 2019 · 0712.630.492

Represented by Stijn Verpaele

Active

Ended mandates

Matis

Director · since 14 février 2019 · 0720.743.850

Represented by Johan DE BAETS

Ended
Matis

Director · since 14 février 2019 · 0720.743.850

Represented by Johan De Baets

Ended
Matis

Manager · since 02 janvier 2019 · 0720.743.850

Represented by Johan De Baets

Ended
Wally

Director · since 02 janvier 2019 · 0712.630.492

Represented by Stijn VERPAELE

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates19/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/11/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/04/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares18/04/2017
    KAPITAAL - AANDELEN - ALGEMENE VERGADERING - WIJZIGING RECHTSVORM
    PDF
  • Other24/02/2012
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025137,7 k €↑
  2. 2024
    Annual accounts 202488,6 k €↑
  3. 2023
    Annual accounts 202379,1 k €↑
  4. 2022
    Annual accounts 202265,2 k €↓
  5. 2021
    Annual accounts 2021254,7 k €↑
  6. 2018
    Annual accounts 201863,6 k €↑
  7. 2017
    Annual accounts 201747,6 k €
  8. 01/02/2012
    IncorporationPrivate limited company