PROGIAN

Active

Private limited companyfounded 201510 yrs activeAvenue Léopold III(PER) 25, 7134 Binche, BelgiumKBO/BCE: BE 0641.625.207

PROGIAN has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €7k and a net result of €-5k. Equity is shrinking by ~14.9% per year across the filed fiscal years. Its solvency ranks better than 26% of 26057 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).

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Checked score

Score 2024

27 / 100

Weak= vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0▼-8

Solvency15▼-4

Growth55=

Stability100

Bankruptcy probability, 12 months

1.3% Low

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity tight (current ratio 1.05 against 1.1 in 2023), and 95.3% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

4.7%

Return on assets

-3.6%

Age of the figures

20 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Persistent losses

Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.

NBB · annual accounts 2024

Net result per financial year

181920222324

2018 to 2024 · latest year -€5k

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-03-2026, 243 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 8 filings

Deviation from the deadline

2025

not confirmed

2024

243 d late

2023

237 d late

2022

284 d late

2020

259 d late

2019

382 d late

2018

43 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover

€48k▼ 5.6%

2023 · €51k

2020: €23k 2022: €54k 2023: €51k

2020 → 2024

EBIT margin

-9.1%▼ 8.7pp

2023 · -0.4%

2020: -22.3% 2022: 2.4% 2023: -0.4%

2020 → 2024

Net result

€-5k▼ 588%

2023 · €-776

2018: €811 2019: €-8k 2020: €-5k 2022: €1k 2023: €-776

2018 → 2024

Working capital

€7k▼ 43.6%

2023 · €12k

2018: €25k 2019: €17k 2020: €12k 2022: €13k 2023: €12k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20192020202220232024Trend

Turnover€23k€54k▲ 134%€51k▼ 5.1%€48k▼ 5.6%

Equity€17k-€12k▼ 31.3%€13k▲ 12.1%€12k▼ 6.0%€7k▼ 43.6%

Operating result€-8k-€-5k▲ 34.1%€1k€-202€-4k▼ 2,076%

Net result€-8k-€-5k▲ 33.2%€1k€-776€-5k▼ 588%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €4k in 2024 against €202 in 2023; the loss grows.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Equity and liabilities €147k

95.3%

Equity €7k▼ 43.6%

Debt €140k▲ 10.9%

The debt ratio rises from 91.2% to 95.3%: debt grows while equity shrinks.

Key figures and ratios

2024 value · change against 2023

Solvency

4.7%▼

2023 · 8.8%

Current ratio

1.05▼

2023 · 1.10

Quick ratio

0.32▲

2023 · 0.29

Debt / equity

20.28▲

2023 · 10.31

ROE

-77.3%▼

2023 · -6.3%

ROA

-3.6%▼

2023 · -0.6%

Debt

€140k▲

2023 · €126k

Debt ≤ 1 year

€140k▲

2023 · €126k

Income taxes

€430▲

2023 · €392

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€138k€147k▲

Current assets29/58€138k€147k▲

Stocks and contracts in progress3€102k€103k▲

Stocks30/36€102k€103k▲

Amounts receivable within one year40/41€33k€38k▲

Trade receivables40€33k€38k▲

Cash at bank and in hand54/58€4k€7k▲

Equity and liabilities

Total equity and liabilities10/49€138k€147k▲

Equity10/15€12k€7k▼

Contributions10/11€19k€19k▲

Capital10€19k-

Issued capital100€19k-

Reserves13€350-

Non-distributable reserves130/1€350-

Legal reserve130€350-

Profit (loss) carried forward14€-7k€-12k▼

Amounts payable17/49€126k€140k▲

Amounts payable within one year42/48€126k€140k▲

Trade debts44€0-

Suppliers440/4€0-

Taxes, remuneration and social security45€22k€385▼

Taxes450/3€22k€385▼

Other amounts payable47/48€104k€140k▲

Income statement Code20232024

Turnover70€51k€48k▼

Goods, raw materials, services and sundry goods60/61€51k€44k▼

Other operating charges640/8€803€1k▲

Non-recurring operating charges66A-€625

Gross operating margin9900€601€-3k▼

Operating profit (loss)9901€-202€-4k▼

Financial charges65/66B€182€510▲

Recurring financial charges65€182€510▲

Profit (loss) for the period before taxes9903€-384€-5k▼

Income taxes67/77€392€430▲

Profit (loss) for the period9904€-776€-5k▼

Profit (loss) for the period to be appropriated9905€-776€-5k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-7k€-12k▼

Profit (loss) brought forward from the previous period14P€-6k€-7k▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 10Financial 2Filings 8

2026

31-03

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 243 days late

2025

25-03

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 237 days late

2024

10-05

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 284 days late

2022

31-12

Financial Back to profitnet €1k

Net result €1k after 2 loss-making years.

16-04

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 259 days late

2021

17-08

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 382 days late

2019

31-12

Financial Weakest financial yearnet €-8k ▼1075%

Net result drops to €-8k, the lowest in the series; recovery starts the following year.

12-09

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 43 days late

2018

24-07

NBB filing Annual accounts filed

fiscal year 2017 · full schema

2017

31-07

NBB filing Annual accounts filed

fiscal year 2016 · full schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 director, no change since 2024

Gianni FASCELLA

Director (executive) · since 15-11-2024

Current

15-11-2024 Appointed as Director (executive)

Location & real-estate footprint

Registered office, Binche

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Avenue Léopold III(PER) 257134 Binche

Ground area

395 m²

Building footprint

121 m²

Volume, LiDAR

949 m³

Parcel 55032A0203/00S005, Wallonia · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
55032A0203/00S005indicative	Wallonia	395 m²	1 · 121 m²	11.5 m · 3 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

0 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Antwerpse Aquarium Groep

Beveren-Kruibeke-Zwijndrecht · Eq €7k

Of 1,326 companies in sector 47762 we hold annual accounts for 478. 175 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded16-10-2015

Fiscal year end31-12

Activities, NACEBEL

47762Retail sale of pets, pet food and pet supplies

Sources

Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.