Progress
Details
Company details
- Enterprise number
- 0829.949.717
- VAT number
- BE 0829.949.717
- Peppol ID
- 0208:0829949717
- Legal form
- Besloten Vennootschap
- Start date
- 05/10/201016 years
- Main activity
- Algemene bouw van residentiële gebouwen 41001
2300 Turnhout
Why
Is Progress a healthy company?
- At risk
Working capital doesn't cover the need: a risk of payment problems in the short term.
Return on equityWeak
The company makes little profit on the money its owners put in.
−285.7%. Typical in the sector: 13.8%
Liquidity without stockWeak
Without selling stock first, it would struggle to pay its short-term bills.
0.30×. Typical in the sector: 1.21×
Based on the 2024 annual accounts, filed on 27/08/2025. View the annual accounts at the NBB
Creya method: information, not advice. How we calculate
Sector comparison
How does Progress compare with its sector?
We set every ratio against similar companies, using the National Bank's sector figures.
Compare with the sectorKey figures
Figures over the years
- Gross margin 2024
- €89,491
- −44%
- Profit or loss 2024
- −€158,136
- Fell
- Equity 2024
- €55,359
- −74%
- Employees (FTE) 2024
- 3.5
- +59%
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| Fiscal year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Income statement | |||
| Gross margin | €89,491−44% | €160,674+75% | €91,836 |
| Operating result | −€107,789−701% | €17,926−45% | €32,802 |
| Profit or loss | −€158,136Fell | −€5,355−135% | €15,408 |
| Balance sheet | |||
| Equity | €55,359−74% | €213,495−2% | €218,850 |
| Total assets | €673,072−25% | €894,437+15% | €775,695 |
| Staff | |||
| Employees (FTE) | 3.5+59% | 2.2+633% | 0.3 |
| Filed | 27/08/2025 | 23/09/2024 | In 2023 |
Amounts as filed with the National Bank. Small companies don't have to publish their revenue. 2022: previous fiscal year, as stated in the 2023 annual accounts.
Management
Who runs Progress?
According to the annual accounts of 27/08/2025.
Directors (2)
- Liliya MEDOVADirectorsince 01/01/2019
- Marat MEDOVDirectorsince 05/10/2010
Credit limit
Know how much credit you can safely give this company, before you invoice.
Timeline
Filed annual accounts
0 of 2 filed on time since fiscal year 2023
All annual accounts at the NBBQuestions
Frequently asked questions about Progress
Is Progress a healthy company?
At risk. The latest annual accounts show serious weak points. Based on the 2024 annual accounts, filed on 27/08/2025.
What is the revenue of Progress?
Progress doesn't have to publish its revenue. The gross margin was €89,491 in 2024.
How much profit does Progress make?
The result of fiscal year 2024 was −€158,136.
How many employees does Progress have?
On average 3.5 full-time equivalents in 2024.
Who manages Progress?
According to the annual accounts of 27/08/2025: Liliya MEDOVA, Marat MEDOV.
What is the VAT number of Progress?
The VAT number is BE 0829.949.717. The enterprise number is 0829.949.717.
Where is Progress located?
Molenbergstraat 44, 2300 Turnhout.
What is the Peppol ID of Progress?
The Peppol ID is 0208:0829949717.
When was Progress founded?
The start date in the KBO is 05/10/2010.
Sources
Where do these numbers come from?
- National Bank of BelgiumAnnual accounts · latest filed on 27/08/2025
- Crossroads Bank for EnterprisesCompany details · address, legal form, activity
- Peppol DirectoryPeppol ID · e-invoicing
- Verdict
- Key figures
- Sector comparison
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