Skip to content

PROPAGANDA

Active
Public limited companyfounded 1994active for 31 yearsMinervastraat 4, 1930 Zaventem, BelgiumKBO/BCE: BE 0453.854.981
Summary

PROPAGANDA has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.6m and a net result of -€587,418. Equity is growing by about 31% per year across the filed financial years. Its solvency ranks better than 45% of 191 sector peers (NACE 58, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Directors

Directors
3 directors, 3 in day-to-day management, last change in 2026

Board 3

DIGITAL HUMANS
Director · since 01-08-2026 · Limited partnership · permanent representative: Fabio GILIO
Current
Eco-Biz
Director · since 01-08-2026 · Private limited company (pre-2019) · permanent representative: Michel LIBENS
Current
Cedar House BV
Director · Legal entity · permanent representative: Gerrit Tulkens
Current

Day-to-day management 3

Cedar House BV
Managing director · since 21-12-2022 · Legal entity · permanent representative: Gerrit Tulkens
Current
Libenter CommV
Managing director · since 21-12-2022 · Legal entity · permanent representative: Michel Libens
Current
Eco-Biz
Managing director · since 01-08-2026 · Private limited company (pre-2019) · permanent representative: Michel LIBENS
Current

Permanent representatives 3

Fabio GILIO
Permanent representative · since 01-08-2026 · for DIGITAL HUMANS
Current
Michel LIBENS
Permanent representative · since 01-08-2026 · for Eco-Biz
Current
Gerrit Tulkens
Permanent representative · for Cedar House BV
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
6 of this company's 9 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

6 people since 2022, 4 in office
Show
  • Board
  • Day-to-day management
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Cedar House BV
  • Managing director, from 21-12-2022 to date
  • Director, since before 14-09-2026
DIGITAL HUMANS
  • Director, from 01-08-2026 to date
Eco-Biz
  • Director, from 01-08-2026 to date
  • Managing director, from 01-08-2026 to date
Libenter CommV
  • Managing director, from 21-12-2022 to date
Gerrit Tulkens
  • Director, until 31-07-2026
LIBENTER
  • Director, until 31-07-2026
  • Managing director, until 31-07-2026
See the board, name and registered office on a given date →

Owners and capital

Owners

1 owner

Chain of control

  1. Imperio 90%
  2. PROPAGANDA

Highest known parent: Imperio. The sources do not say who stands above it.

Owners 1

According to the 2025 annual accounts of PROPAGANDA and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Capital and shareholders

Capital over the years
  1. 09-01-2024 Capital increase of €24,330 · to €86,330 · 282 new shares · “inbreng van aandelen”