ACTIVE

PROGRESS ENERGY SERVICES

Financial year 2025 · Closed on 31/12/2025

Net result-286,1 k €-111,3 %over 1 year
Gross margin-255,8 k €+29,1 %over 1 year
Equity2,1 M €-60,7 %over 1 year

Identity

Source · BCE/KBO

PROGRESS ENERGY SERVICES is a Private company with limited liability incorporated in 2005. Its main activity is: Other professional, scientific and technical activities. 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 equityGood liquidity

Financials

Source · NBB, 21 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin-255,8 k €-360,9 k €–––
EBITDA-256,9 k €-4 M €-487,2 k €8 M €2,4 M €
Operating result-266,2 k €3 M €750,8 k €7,8 M €-6,1 M €
Net result-286,1 k €2,5 M €486,7 k €7,2 M €-6,6 M €
Balance sheet
Equity2,1 M €5,4 M €2,9 M €2,4 M €-4,8 M €
Total assets6,4 M €6,4 M €3,5 M €3,1 M €41,7 M €
Cash517,3 k €1,4 M €824,1 k €1,4 M €412,7 k €
Debts3,7 M €429,8 k €614,5 k €737,3 k €46,5 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
ENERGETIQ0880.502.355Represented by Stijn Lenaerts
Directorsince 15/02/2011Manager20/08/2007 → 2013 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
UYUNI0872.716.126Represented by Maarten De Cuyper
Manager15/02/2011 → 2014 accounts
Stijn Lenaerts
Manager24/06/2005 → 20/08/2007

Other companies at this address

Harensesteenweg 230 1800 Vilvoorde
CompanyCBE no.
Deklat Binnen● Active
0632.969.738
GREENFEVER● Active
0896.284.552
0767.584.754
Holoptic● Active
1003.718.287
MORACEA● Active
0745.813.796
0675.669.633

Full financial information

Source · NBB
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings
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

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
ENERGETIQ0880.502.355Represented by Stijn Lenaerts
Directorsince 15/02/2011Manager20/08/2007 → 2013 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
UYUNI0872.716.126Represented by Maarten De Cuyper
Manager15/02/2011 → 2014 accounts
Stijn Lenaerts
Manager24/06/2005 → 20/08/2007

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • 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

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings19 filings
Mandates
ENERGETIQ
UYUNI
Stijn Lenaerts
2005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
PROGRESS ENERGY SERVICES
Harensesteenweg 230 2.13, 1800 Vilvoorde
DirectorManager
Manager
Manager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Harensesteenweg 230 bte 2.13, 1800 VilvoordeCurrent
CBE
Harensesteenweg 230 2.13, 1800 Vilvoorde
accounts 2021 → 2025
Accounts 2025 · 2026-00344613

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
PROGRESS ENERGY SERVICESCurrent
accounts 2006 → 2025
Accounts 2025 · 2026-00344613

Events

  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