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PROPELLOR

Active Private limited companyfounded 2003active for 23 yearsKasteelstraat 3, 3360 BierbeekKBO/BCE: BE 0860.381.981

Lifetime

18 annual accounts with figures on one time axis, 22 filings since 2004
peak €265,175 (2021)
€206,201▲ 5.6%
lowest -€16,934 (2011)
€74,965▲ 104%
peak €680,964 (2022)
€669,262▼ 0.6%
€200,761▼ 1.0%
peak 1.3 FTE (2024)
1.2 FTE▼ 7.7%
Board2 names since 2003
2 directors and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
Result from €36,668 to €74,965Dividend €79,000Cash from €57,091 to €115,512

Key points

from the 2025 annual accounts

Equity

€669,262 ▼ 0.6%
673,2972024+74,965Profit-79,000Dividend669,2622025

PROPELLOR paid out €79,000 in dividends. That is 105% of the 2025 profit.

Staff

2 employees on 31-12-2025
222021112024102025

In 2025, 1 person joined and nobody left.

Filings

22 annual accounts since 2004
AprilJune31 JulyOctober20102020

Ten of the last ten came late. The 2024 accounts came latest: 90 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 31,356 companies had the same profile as PROPELLOR has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,356 companies, not a prediction for PROPELLOR. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 29-08-2003
Director, since 01-01-2005
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0860381981
2 managers resigning, 2 directors reappointed Resignations: (manager) and (manager) · Reappointments: (director) and (director) · “De organisatie van business meetings,professionele contacten,en alles wat daarmee verband houdt,inbegrepen het…” (deed in Dutch) · General meeting of 08-11-2023 · Gazette deed
First establishment Kasteelstraat 3, Bierbeek
Incorporation published on 15-09-2003 · Gazette deed
All 36 events

Comparable companies

same main activity, similar in size and age
Company
PROPELLOR Bierbeek €870,023 €206,201 76.9% 1.2
RESULT CONSULT Genk €974,643 €205,189 52.0% 1
ALEGRIA Merelbeke-Melle €885,383 €184,847 0.6% 1
GRAUWET ROGER Oudenburg €865,017 €235,365 68.9% 1.2
GEYSKENS CONSULTING Beringen €885,138 €257,205 26.4% 1
DCONSTRUCT Bruges €765,339 €172,212 9.7% 1.4
IDONA Projects Diest €923,355 €254,448 16.5% 0.9

These companies have the same main activity as PROPELLOR: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €765,000 and €975,000, founded between 2000 and 2007.

Official details

Source: KBO
Status
Active since 08-09-2003Normal situation
Activity
Business and other management consultancyNACE 70200and 1 other
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment unit
2.133.314.4663360 Bierbeek, since 01-10-2003
Financial year end
31 December
Peppol
Reachable since 18-07-2025
Company details

Annual accounts 2025

≈ €330,000estimated
€870,023▼ 0.7%
Employeeson 31-12-2025
2▲ 100%
Filing
Filed on 31-08-2026
Financials

Insights on PROPELLOR

PROPELLOR files the abbreviated format. That format states no turnover. The gross margin rose from €79,179 in 2008 to €206,201 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about PROPELLOR

What is the company number of PROPELLOR?
The company number of PROPELLOR is 0860.381.981. The VAT number is the same number with BE in front: BE 0860.381.981.
Where is PROPELLOR based?
The registered office is at Kasteelstraat 3, 3360 Bierbeek.Company details
What does PROPELLOR do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of PROPELLOR?
PROPELLOR is a private limited company (BV).
When was PROPELLOR founded?
PROPELLOR was founded on 08-09-2003.
Is PROPELLOR still active?
Yes, PROPELLOR is an active enterprise in the KBO register.
How many employees does PROPELLOR have?
PROPELLOR had an average of 1.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does PROPELLOR fall under?
In its 2025 annual accounts, PROPELLOR states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of PROPELLOR?
The turnover in financial year 2025 is ≈ €330,000. This figure is estimated from the gross margin of €206,201 and 93 comparable companies (NACE 70200). It probably lies between €270,000 and €430,000.
Is PROPELLOR profitable?
In financial year 2025, PROPELLOR made a profit of €74,965.
Where can I find the annual accounts of PROPELLOR?
PROPELLOR filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PROPELLOR due?
PROPELLOR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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