ACTIVE

PROGRESS ENERGY SERVICES

Financial year 2025 · closed on 31/12/2025
Net result
-286,1 k €
-111.3% YoY
Gross margin
-255,8 k €
+29.1% YoY
Equity
2,1 M €
-60.7% YoY

What does PROGRESS ENERGY SERVICES do?

PROGRESS ENERGY SERVICES is a Private company with limited liability incorporated in 2005. Its registered office is in Vilvoorde.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0874.841.416
Incorporation
04/07/2005
Legal form
Private company with limited liability
Registered office
Harensesteenweg 230 box 2.13
1800 Vilvoorde · FlandreSee on map
Contributed capital
300 000,00 €
Latest accounts
31/12/2025
Signals
Solid equityLow riskGood liquidity
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120192018201720162015201420132012201120102009200820072006
Income statement
Gross margin-255,8 k €-360,9 k €261,9 k €738,4 k €54,8 k €244,1 k €298,5 k €380,3 k €188,1 k €126,3 k €137,3 k €79,1 k €71,7 k €166,6 k €80,9 k €33,3 k €
EBITDA-256,9 k €-4 M €-487,2 k €8 M €2,4 M €260,9 k €737,3 k €53,7 k €213,2 k €297,6 k €379,4 k €187,7 k €125,9 k €137 k €76,5 k €68,3 k €166,1 k €80,1 k €33,2 k €
Operating result-266,2 k €3 M €750,8 k €7,8 M €-6,1 M €53,5 k €616,1 k €34,3 k €143,8 k €228,2 k €310 k €92,3 k €46,2 k €110,9 k €73,6 k €62,5 k €160,3 k €74,3 k €24,4 k €
Net result-286,1 k €2,5 M €486,7 k €7,2 M €-6,6 M €19,4 k €406,8 k €15,2 k €92,7 k €146,7 k €172,7 k €21 k €2,8 k €84,6 k €64,3 k €77,7 k €156,7 k €67,7 k €16,6 k €
Balance sheet
Equity2,1 M €5,4 M €2,9 M €2,4 M €-4,8 M €1,3 M €1,3 M €878 k €862,9 k €770,1 k €623,4 k €450,7 k €179,7 k €176,9 k €122,3 k €78 k €75,3 k €68,6 k €50,9 k €
Total assets6,4 M €6,4 M €3,5 M €3,1 M €41,7 M €12,1 M €5,7 M €5,4 M €4,1 M €1,9 M €1,1 M €2,8 M €1,6 M €371,8 k €403,8 k €308,9 k €634,8 k €187,6 k €98,7 k €
Cash517,3 k €1,4 M €824,1 k €1,4 M €412,7 k €3,5 M €2,6 M €2,3 M €41,8 k €992,4 k €207,9 k €700,1 k €784,7 k €294,1 k €41 k €19,5 k €95,8 k €50 k €23,3 k €
Debts3,7 M €429,8 k €614,5 k €737,3 k €46,5 M €10,7 M €3,1 M €4,3 M €3,1 M €1,1 M €499,2 k €2,3 M €1,4 M €194,9 k €281,4 k €230,8 k €559,4 k €119 k €47,8 k €
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 · 10 ended

Active mandates

ENERGETIQ

Director · since 15 février 2011 · 0880.502.355

Represented by LENAERTS STIJN

Active

Ended mandates

ENERGETIQ

Manager · since 15 février 2011 · 0880.502.355

Represented by Stijn Lenaerts

Ended
ENERGETIQ

Director · since 15 février 2011 · 0880.502.355

Represented by LENAERTS STIJN

Ended
ENERGETIQ

Director · since 15 février 2011 · 0880.502.355

Represented by Stijn Lenaerts

Ended
ENERGETIQ

Manager · since 15 février 2011 · 0880.502.355

Represented by Stijn Lenaerts

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelFull modelFull modelFull modelFull 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 date27/07/202615/07/202525/07/202420/07/202323/05/202329/07/2021
General meeting29/06/202608/07/202528/06/202430/06/202312/04/202330/06/2021
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

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/06/202627/07/2026DutchPDF
Abridged model31/12/202408/07/202515/07/2025DutchPDF
Full model31/12/202328/06/202425/07/2024DutchPDF
Full model31/12/202230/06/202320/07/2023DutchPDF
Full modelCorrection31/12/202112/04/202323/05/2023DutchPDF
Full model31/12/202129/07/202229/07/2022DutchPDF
Full model31/12/202030/06/202129/07/2021DutchPDF
Abridged model31/12/201931/08/202016/09/2020DutchPDF
Abridged model31/12/201830/06/201930/07/2019DutchPDF
Abridged model31/12/201731/05/201831/07/2018DutchPDF
Abridged model31/12/201631/05/201709/08/2017DutchPDF
Abridged model31/12/201531/05/201631/08/2016DutchPDF
Abridged model31/12/201401/06/201527/08/2015DutchPDF
Abridged model31/12/201331/05/201429/08/2014DutchPDF
Abridged model31/12/201229/03/201319/07/2013DutchPDF
Abridged model31/12/201131/05/201224/08/2012DutchPDF
Abridged model31/12/201031/05/201108/06/2011DutchPDF
Abridged model31/12/200931/05/201010/08/2010DutchPDF
Abridged model31/12/200830/06/200914/08/2009DutchPDF
Abridged model31/12/200731/05/200802/06/2008DutchPDF
Abridged model31/12/200631/05/200721/06/2007DutchPDF
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 · 10 ended

Active mandates

ENERGETIQ

Director · since 15 février 2011 · 0880.502.355

Represented by LENAERTS STIJN

Active

Ended mandates

ENERGETIQ

Manager · since 15 février 2011 · 0880.502.355

Represented by Stijn Lenaerts

Ended
ENERGETIQ

Director · since 15 février 2011 · 0880.502.355

Represented by LENAERTS STIJN

Ended
ENERGETIQ

Director · since 15 février 2011 · 0880.502.355

Represented by Stijn Lenaerts

Ended
ENERGETIQ

Manager · since 15 février 2011 · 0880.502.355

Represented by Stijn Lenaerts

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates06/06/2023
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Mandates03/12/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares29/10/2013
    KAPITAAL - AANDELEN
    PDF
  • Mandates16/03/2011
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates29/06/2010
    zetelverplaatsing bij beslissing zaakvoerder
    PDF
  • Mandates28/01/2008
    Zetelverplaatsing bij beslissing zaakvoerders, Uittreksel uit akte benoeming
    PDF
  • Other12/07/2005
    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 2025-286,1 k €
  2. 2024
    Annual accounts 20242,5 M €
  3. 2023
    Annual accounts 2023486,7 k €
  4. 2022
    Annual accounts 20227,2 M €
  5. 2021
    Annual accounts 2021-6,6 M €
  6. 2019
    Annual accounts 201919,4 k €
  7. 2018
    Annual accounts 2018406,8 k €
  8. 2017
    Annual accounts 201715,2 k €
  9. 2016
    Annual accounts 201692,7 k €
  10. 2015
    Annual accounts 2015146,7 k €
  11. 2014
    Annual accounts 2014172,7 k €
  12. 2013
    Annual accounts 201321 k €
  13. 2012
    Annual accounts 20122,8 k €
  14. 2011
    Annual accounts 201184,6 k €
  15. 2010
    Annual accounts 201064,3 k €
  16. 2009
    Annual accounts 200977,7 k €
  17. 2008
    Annual accounts 2008156,7 k €
  18. 2007
    Annual accounts 200767,7 k €
  19. 2006
    Annual accounts 200616,6 k €
  20. 04/07/2005
    IncorporationPrivate company with limited liability