PROGIMO
ActiveSummary
PROGIMO has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.36M and a net result of €36k. Equity is growing by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 58% of 9194 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability28▲+1
Solvency66▲+16
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €360k at 30 days acceptable
Liquidity ample (current ratio 1.78 against 1.35 in 2024; short-term debt: 56% and cash: 1.2% of total assets), but 59.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
40.8%
Return on assets
0.2%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
18 d late
2024
28 d late
2023
8 d early
2022
7 d early
2021
30 d late
2020
31 d late
2019
92 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€36k▼ 47.1%
2024 · €69k
2018: €29k
2019: €108k
2020: €-598k
2021: €1.04M
2022: €554k
2023: €338k
2024: €69k
2018 → 2025
Working capital
€6.77M▲ 1.8%
2024 · €6.65M
2018: €4.82M
2019: €5.04M
2020: €4.60M
2021: €5.67M
2022: €6.07M
2023: €6.41M
2024: €6.65M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€5.36M-€5.92M▲ 10.3%€6.26M▲ 5.7%€6.33M▲ 1.1%€6.36M▲ 0.6%
Operating result€1.61M-€1.00M▼ 37.6%€710k▼ 29.2%€713k▲ 0.5%€528k▼ 25.9%
Net result€1.04M-€554k▼ 46.8%€338k▼ 39.1%€69k▼ 79.6%€36k▼ 47.1%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 26% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15.57M
Fixed assets
€78k ▼ 9.5%
Current assets
€15.50M ▼ 39.3%
Equity and liabilities €15.57M
Equity
€6.36M ▲ 0.6%
Provisions
€67k =
Debt
€9.15M ▼ 52.5%
Debt's share of the balance-sheet total falls from 75.1% to 58.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€549k▼
2024 · €746k
Cash flow
€57k▼
2024 · €101k
Current ratio
1.78▲
2024 · 1.35
Quick ratio
0.53▲
2024 · 0.16
Debt to equity
1.44▼
2024 · 3.04
ROE
0.6%▼
2024 · 1.1%
ROA
0.2%▼
2024 · 0.3%
Interest coverage
1.09▲
2024 · 0.99
Debt ≤ 1 year
€8.73M▼
2024 · €18.90M
Income taxes
€20k▼
2024 · €40k
Staff costs
€435k▼
2024 · €539k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 57 lines
Balance sheet
Code20242025
Assets
Total assets20/58€25.64M€15.57M▼
Fixed assets21/28€86k€78k▼
Tangible fixed assets22/27€26k€6k▼
Furniture and vehicles24€26k€6k▼
Financial fixed assets28€60k€72k▲
Current assets29/58€25.55M€15.50M▼
Stocks and contracts in progress3€22.45M€10.91M▼
Stocks30/36€22.45M€10.91M▼
Amounts receivable within one year40/41€3.05M€4.33M▲
Trade receivables40€2.85M€2.32M▼
Other amounts receivable41€200k€2.01M▲
Cash at bank and in hand54/58€2€193k▲
Deferred charges and accrued income490/1€51k€66k▲
Equity and liabilities
Total equity and liabilities10/49€25.64M€15.57M▼
Equity10/15€6.33M€6.36M▲
Contributions10/11€12k€12k=
Reserves13€6.30M€6.34M▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€359k€400k▲
Distributable reserves133€5.94M€5.94M=
Profit (loss) carried forward14€11k€6k▼
Provisions and deferred taxes16€67k€67k=
Provisions for liabilities and charges160/5€67k€67k=
Other liabilities and charges164/5€67k€67k=
Amounts payable17/49€19.24M€9.15M▼
Amounts payable within one year42/48€18.90M€8.73M▼
Financial debts43€3.50M€9k▼
Credit institutions430/8€3.50M€9k▼
Trade debts44€503k€1.54M▲
Suppliers440/4€503k€1.54M▲
Advances received on contracts in progress46€24k€168k▲
Taxes, remuneration and social security45€195k€403k▲
Taxes450/3€115k€359k▲
Remuneration and social security454/9€80k€44k▼
Other amounts payable47/48€14.68M€6.61M▼
Accrued charges and deferred income492/3€343k€417k▲
Income statement
Code20242025
Remuneration, social security and pensions62€539k€435k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€21k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€50k-
Other operating charges640/8€7k€13k▲
Gross operating margin9900€1.34M€998k▼
Operating profit (loss)9901€713k€528k▼
Financial income75/76B€152k€30k▼
Recurring financial income75€152k€30k▼
Financial charges65/66B€757k€502k▼
Recurring financial charges65€757k€502k▼
Profit (loss) for the period before taxes9903€109k€57k▼
Income taxes67/77€40k€20k▼
Profit (loss) for the period9904€69k€36k▼
Transfer to tax-exempt reserves689-€41k
Profit (loss) for the period to be appropriated9905€69k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€81k€6k▼
Profit (loss) brought forward from the previous period14P€12k€11k▼
Transfer to equity691/2€70k-
To other reserves6921€70k-
Social balance
Average headcount (FTE)9087-6.0
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 18 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 30 days late
2021
31-12
Financial
Back to profitnet €1.04M
Net result €1.04M after one loss-making year.
31-12
Financial
Equity above €5MEq €5.36M ▲24.1%
Equity rises from €4.32M to €5.36M.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-598k ▼654%
Net result drops to €-598k, the lowest in the series; recovery starts the following year.
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 92 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Amay · 1 establishment unit since 2013
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.
Chaussée Roosevelt(AMA) 214540 AmayGround area
1,439 m²
Building footprint
120 m²
Parcel 61003B0263/00V000, Wallonia. Linked by address, not a title deed.
1 establishment unit
progimo
since 20132.235.880.385
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61003B0263/00V000 | Wallonia | 1,439 m² | 1 · 120 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 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
Remos
BE 0411.592.477
Wevelgem · Eq €6.36M
CALEVOET LAND
BE 0533.769.719
Deinze · Eq €6.38M
RUMST LOGISTICS
BE 0862.457.583
Elsene · Eq €6.33M
BOUYGUES IMMOBILIER BELGIUM
BE 0441.694.943
Waterloo · Eq €6.40M
B-DEVELOPMENT
BE 0475.688.097
Antwerpen · Eq €6.43M
Of 9,694 companies in sector 68121 we hold annual accounts for 7,383. 1,603 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded06-04-2010
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.