PROPIGS
ActiveSummary
PROPIGS has been active since 1966 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €21.5m and a net result of €590,418. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 78% of 5998 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
This company filed its last 6 accounts on average 7 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
On 8 March 1966, PROPIGS was incorporated.1 The registered office moved to Rotselaar in 2015 and to Aarschot in 2019.23 Since 2017 the company has been called PROPIGS.4 Of the 15 current board members, Dirk David has served longest, since 2016.5 Revenue went from EUR 198 million in 2018 to EUR 250 million in 2024.6
Go further with this company
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, full schema, statutory accounts
Click a name to add, emphasise or remove a line.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €184.8m | €238.1m | €273.2m | €250.3m | ▼ 8.4% |
| Turnover70 | €203.1m | €184.2m | €237.5m | €272.6m | €249.7m | ▼ 8.4% |
| Other operating income74 | - | €581,982 | €563,849 | €558,144 | €557,952 | = |
| Operating charges60/66A | - | €185.2m | €238.5m | €273.6m | €253.9m | ▼ 7.2% |
| Goods for resale, raw materials and consumables60 | - | €184.2m | €237.5m | €272.6m | €249.7m | ▼ 8.4% |
| Purchases600/8 | - | €184.2m | €237.5m | €272.6m | €249.7m | ▼ 8.4% |
| Services and other goods61 | - | €128,565 | €201,916 | €204,075 | €317,457 | ▲ 55.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,421 | €2,546 | €2,721 | €3,073 | €1,981 | ▼ 35.5% |
| Other operating charges640/8 | - | €851,271 | €740,829 | €750,011 | €3.8m | ▲ 412% |
| Operating profit (loss)9901 | -€87,501 | -€400,400 | -€381,617 | -€399,014 | -€3.6m | ▼ 803% |
| Financial income75/76B | - | €466,262 | €434,209 | €444,655 | €4.2m | ▲ 843% |
| Recurring financial income75 | €125,743 | €466,262 | €434,209 | €444,655 | €4.2m | ▲ 843% |
| Income from financial fixed assets750 | - | €466,262 | €434,197 | €412,720 | €4.1m | ▲ 901% |
| Income from current assets751 | - | - | - | €31,935 | €62,735 | ▲ 96.4% |
| Other financial income752/9 | - | - | €13 | - | - | - |
| Financial charges65/66B | - | €14,361 | €9,124 | €1,823 | €1,923 | ▲ 5.5% |
| Recurring financial charges65 | €11,841 | €14,361 | €9,124 | €1,823 | €1,923 | ▲ 5.5% |
| Debt charges650 | €9,527 | €12,397 | €7,330 | - | - | - |
| Other financial charges652/9 | - | €1,964 | €1,794 | €1,823 | €1,923 | ▲ 5.5% |
| Profit (loss) for the period before taxes9903 | €26,401 | €51,501 | €43,469 | €43,818 | €590,418 | ▲ 1,247% |
| Profit (loss) for the period9904 | €26,401 | €51,501 | €43,469 | €43,818 | €590,418 | ▲ 1,247% |
| Profit (loss) for the period to be appropriated9905 | €26,401 | €51,501 | €43,469 | €43,818 | €590,418 | ▲ 1,247% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €27.0m | €27.4m | €28.5m | €28.6m | €31.7m | ▲ 10.7% |
| Fixed assets21/28 | €20.9m | €21.0m | €20.9m | €20.8m | €20.9m | ▲ 0.4% |
| Tangible fixed assets22/27 | €13,532 | €11,860 | €9,937 | €9,210 | €7,229 | ▼ 21.5% |
| Furniture and vehicles24 | - | €2,373 | €1,916 | €2,654 | €2,139 | ▼ 19.4% |
| Other tangible fixed assets26 | - | €9,487 | €8,022 | €6,556 | €5,090 | ▼ 22.4% |
| Financial fixed assets28 | €20.9m | €21.0m | €20.9m | €20.8m | €20.9m | ▲ 0.4% |
| Companies linked by participating interests282/3 | - | - | €20.9m | €20.8m | €20.9m | ▲ 0.4% |
| Participating interests282 | - | - | €20.9m | €20.8m | €20.9m | ▲ 0.4% |
| Other financial fixed assets284/8 | - | €21.0m | - | - | - | - |
| Shares284 | - | €21.0m | - | - | - | - |
| Current assets29/58 | €6.1m | €6.5m | €7.6m | €7.8m | €10.8m | ▲ 38.2% |
| Amounts receivable within one year40/41 | €2.9m | €2.7m | €4.1m | €4.5m | €3.8m | ▼ 14.8% |
| Trade receivables40 | - | €2.6m | €3.9m | €4.3m | €3.6m | ▼ 16.8% |
| Other amounts receivable41 | - | €98,239 | €143,801 | €196,336 | €252,685 | ▲ 28.7% |
| Current investments50/53 | - | - | - | €1.3m | €5.7m | ▲ 335% |
| Other investments51/53 | - | - | - | €1.3m | €5.7m | ▲ 335% |
| Cash at bank and in hand54/58 | €3.2m | €3.7m | €3.5m | €2.0m | €1.2m | ▼ 36.9% |
| Deferred charges and accrued income490/1 | - | €2,140 | €2,194 | €20,284 | €40,607 | ▲ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €27.0m | €27.4m | €28.5m | €28.6m | €31.7m | ▲ 10.7% |
| Equity10/15 | €21.3m | €21.4m | €21.2m | €21.0m | €21.5m | ▲ 2.3% |
| Contributions10/11 | - | €4.4m | €4.2m | €4.0m | €4.1m | ▲ 1.6% |
| Reserves13 | €17.0m | €17.0m | €17.0m | €17.0m | €17.4m | ▲ 2.5% |
| Non-distributable reserves130/1 | - | €16.2m | €16.2m | €16.2m | €16.2m | = |
| Reserves not available under the articles1311 | - | €430,732 | €430,732 | €430,732 | €430,732 | = |
| Other1319 | - | €15.8m | €15.8m | €15.8m | €15.8m | = |
| Tax-exempt reserves132 | - | €14,854 | €14,854 | €14,854 | €14,854 | = |
| Distributable reserves133 | - | €800,000 | €800,000 | €800,000 | €1.2m | ▲ 52.9% |
| Profit (loss) carried forward14 | €3,234 | €2,968 | €1,296 | €2,443 | - | - |
| Amounts payable17/49 | €5.6m | €6.1m | €7.2m | €7.6m | €10.2m | ▲ 33.9% |
| Amounts payable after more than one year17 | - | - | - | - | €2.7m | - |
| Other amounts payable178/9 | - | - | - | - | €2.7m | - |
| Amounts payable within one year42/48 | €5.6m | €6.0m | €7.2m | €7.6m | €7.5m | ▼ 1.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €300,000 | - |
| Trade debts44 | €2.5m | €2.9m | €4.1m | €4.5m | €4.0m | ▼ 11.4% |
| Suppliers440/4 | - | €2.9m | €4.1m | €4.5m | €4.0m | ▼ 11.4% |
| Taxes, remuneration and social security45 | - | - | - | - | €1,008 | - |
| Taxes450/3 | - | - | - | - | €1,008 | - |
| Other amounts payable47/48 | - | €3.1m | €3.1m | €3.1m | €3.2m | ▲ 3.1% |
| Accrued charges and deferred income492/3 | - | €9,744 | €7,308 | €5,037 | €3,148 | ▼ 37.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26,401 | €51,501 | €43,469 | €43,818 | €590,418 | ▲ 1,247% |
| + Depreciation and write-downs630 | €2,421 | €2,546 | €2,721 | €3,073 | €1,981 | ▼ 35.5% |
| Operating cash flow (approximation) | €28,822 | €54,047 | €46,189 | €46,890 | €592,400 | ▲ 1,163% |
| Investment in fixed assets (approximation) | - | -€70,264 | €83,210 | €51,871 | -€84,781 | ▼ 263% |
| Change in cash | - | €543,764 | -€242,596 | -€1.5m | -€724,793 | ▲ 52.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
22-12
State Gazette act
Resignations: Renaat Moors, Joost Castryck and 6 othersAppointments: Renaat Moors, Joost Castryck and 8 others · Permanent representative: Pascal Daelemans20 facts ▸
- General meeting, 18-06-2025
- Director resignation, Renaat Moors (director)
- Director resignation, Joost Castryck (director)
- Director resignation, Jürgen Depuydt (director)
- Director resignation, Johan Elst (director)
- Director resignation, Dirk Van Thielen (director)
- Director appointment, Renaat Moors (director)
- Director appointment, Joost Castryck (director)
- Director appointment, Jürgen Depuydt (director)
- Director appointment, Johan Elst (director)
- Director appointment, Dirk Van Thielen (director)
- Director appointment, Peter Luyssen (director)
- +8 further facts in this act
03-09
State Gazette act
Resignation: Rudi Van Looveren (director)2 facts ▸
- General meeting, 19-06-2024
- Director resignation, Rudi Van Looveren (director)
02-01
State Gazette act
Resignation: Patrick Horten (director)Appointments: Renaat Vandebrouck (director) and Bart De Baerdemaeker (director)4 facts ▸
- General meeting, 21-06-2023
- Director resignation, Patrick Horten (director)
- Director appointment, Renaat Vandebrouck (director)
- Director appointment, Bart De Baerdemaeker (director)
08-11
State Gazette act
Purpose · Statutes amendmentPurpose change · Reserve release · Share structure6 facts ▸
- General meeting, 05-10-2023
- Purpose change, Wijziging van het voorwerp, de doelen, de finaliteit of de waarden van de Vennootschap door vervanging van artikel 3
- Statutes amendment
- Reserve release, Omvorming van de statutair onbeschikbare eigen vermogensrekening in een beschikbare eigen vermogensrekening
- Share structure, Twee soorten aandelen: A-aandelen (klasse A aandeelhouders) en B-aandelen (klasse B aandeelhouders). Op ieder A-aandeel dient één vierde volgestort te zijn; B-a…
- Board composition, Raad van bestuur van ten minste drie bestuurders, benoemd voor ten hoogste zes jaar; bestuurders niet-aandeelhouders beperkt tot één derde van het totaal aantal…
29-07
State Gazette act
Reappointments: Marc Ceyssens, Dirk David and 5 othersPermanent representative: Dirk Vlaminckx9 facts ▸
- General meeting, 15-06-2022
- Director reappointment, Marc Ceyssens (director)
- Director reappointment, Dirk David (director)
- Director reappointment, Patrick Horten (director)
- Director reappointment, Herman Lammens (director)
- Director reappointment, Rudi Van Looveren (director)
- Director reappointment, Erik Wallyn (director)
- Auditor reappointment, Deloitte Bedrijfsrevisoren (statutory auditor)
- Permanent representative, Dirk Vlaminckx
25-08
State Gazette act
Resignation: Leo Bernaerts (director)Appointment: Johan Elst (director)3 facts ▸
- General meeting, 01-07-2021
- Director resignation, Leo Bernaerts (director)
- Director appointment, Johan Elst (director)
19-08
State Gazette act
Resignation: Luc Dumolein (director)2 facts ▸
- General meeting, 07-09-2020
- Director resignation, Luc Dumolein (director)
Show earlier events
12-11
State Gazette act
Registered officeRegistered-office move2 facts ▸
- Board meeting, 18-09-2019
- Registered-office move, Nieuwlandlaan 111 bus 003, 3200 Aarschot
08-10
State Gazette act
Appointment: Luc Verspreet (director)Power of attorney3 facts ▸
- Board meeting, 18-09-2019
- Director appointment, Luc Verspreet (director (executive))
- Power of attorney, Luc Verspreet
06-09
State Gazette act
Reappointments: Renaat Moors, Leo Bernaerts and 6 othersAppointments: Luc Dumolein (director) and Steven Bastiaens (director) · Resignations: Eric Lauwers (director) and Jan Arnouts (director)13 facts ▸
- General meeting, 19-06-2019
- Director reappointment, Renaat Moors (director)
- Director reappointment, Leo Bernaerts (director)
- Director reappointment, Joost Castryck (director)
- Director reappointment, Jürgen Depuydt (director)
- Director reappointment, Dirk Fevery (director)
- Director reappointment, Luc Stinkens (director)
- Director reappointment, Dirk Van Thielen (director)
- Director appointment, Luc Dumolein (director)
- Director appointment, Steven Bastiaens (director)
- Director resignation, Eric Lauwers (director)
- Auditor reappointment, Deloitte Bedrijfsrevisoren CVBA
- +1 further facts in this act
17-07
State Gazette act
Resignation: Deloitte Bedrijfsrevisoren (permanent representative of the auditor)Permanent representative: Dirk VLAMINCKX · Name change · Registered-office move11 facts ▸
- General meeting, 21-06-2017
- Name change, PROPIGS
- Registered-office move, Wingepark 5-B bus 202, 3110 Rotselaar
- Purpose change, De vennootschap heeft tot doel, in de ruimste zin van het woord, de afzet van varkens, zowel levend als geslacht, te organiseren van de producent af tot de hand…
- Capital
- Share issue, reorganization, 100 old shares for 99 new shares + 3.94 EUR cash
- Statutes amendment
- Statutes amendment
- Director resignation, Deloitte Bedrijfsrevisoren (permanent representative of the auditor)
- Permanent representative, Dirk VLAMINCKX (permanent representative of the auditor)
- Power of attorney, Lacquet & Croes
26-09
State Gazette act
Resignations: Jaak Beke, Dirk David and 5 othersAppointments: Erik Wallyn, Dirk David and 5 others · Reappointment: Deloitte Bedrijfsrevisoren BV o.v.v.e. CVBA (statutory auditor)30 facts ▸
- General meeting, 03-08-2016
- Director resignation, Jaak Beke (director)
- Director resignation, Dirk David (director)
- Director resignation, Ghislain De Baerdemaeker (director)
- Director resignation, Patrick Horten (director)
- Director resignation, Herman Lammens (director)
- Director resignation, Hendrik Soete (director)
- Director resignation, Rudi Van Looveren (director)
- Director appointment, Erik Wallyn (director)
- Director appointment, Dirk David (director)
- Director appointment, Marc Ceyssens (director)
- Director appointment, Patrick Horten (director)
- +18 further facts in this act
18-09
State Gazette act
Registered officeRegistered-office move2 facts ▸
- Board meeting, 04-06-2015
- Registered-office move, Wingepark 5/B bus 202, 3110 Rotselaar
25-06
State Gazette act
Resignation: Jan Rommens (director)Appointment: Jan Arnouts (director)18 facts ▸
- General meeting, 10-06-2015
- Director resignation, Jan Rommens (director)
- Director appointment, Jan Arnouts (director)
- Board composition, L. Bemaerts (voorzitter raad van bestuur)
- Board composition, Jan Arnouts (director)
- Board composition, J. Beke (director)
- Board composition, J. Castryck (director)
- Board composition, D. David (director)
- Board composition, G. De Baerdemaeker (director)
- Board composition, J. Depuydt (director)
- Board composition, D. Fevery (director)
- Board composition, P. Horten (director)
- +6 further facts in this act
19-07
State Gazette act
Resignation: Joseph Pollentier (director)Appointments: Dirk David (director) and Jurgen Depuydt (director) · Reappointments: L. Bernaerts, J. Castryck and 6 others27 facts ▸
- General meeting, 20-06-2013
- Director resignation, Joseph Pollentier (director)
- Director appointment, Dirk David (director)
- Director reappointment, L. Bernaerts (director)
- Director reappointment, J. Castryck (director)
- Director reappointment, D. Fevery (director)
- Director reappointment, R. Moors (director)
- Director reappointment, J. Rommens (director)
- Director reappointment, L. Stinkens (director)
- Director reappointment, D. Van Thielen (director)
- Director appointment, Jurgen Depuydt (director)
- Board composition, L. Bernaerts (voorzitter raad van bestuur)
- +15 further facts in this act
27-07
State Gazette act
Resignations: Frans Huybrechts (director) and Henri Housen (director)Appointments: Rudi Van Looveren, Patrick Horten and Luc Verspreet · Reappointment: Deloitte Bedrijfsrevisoren (statutory auditor)21 facts ▸
- General meeting, 21-06-2012
- Director resignation, Frans Huybrechts (director)
- Director resignation, Henri Housen (director)
- Director appointment, Rudi Van Looveren (director)
- Director appointment, Patrick Horten (director)
- Board composition, L. Bernaerts (voorzitter raad van bestuur)
- Board composition, J. Beke (director)
- Board composition, J. Castryck (director)
- Board composition, G. De Baerdemaeker (director)
- Board composition, D. Fevery (director)
- Board composition, Patrick Horten (director)
- Board composition, H. Lammens (director)
- +9 further facts in this act
09-08
State Gazette act
Resignations: Walter Van Hofstraeten (director) and Eddy Van Wonterghem (director)Reappointments: Joseph Pollentier, Henri Housen and 6 others · Permanent representative: Frank Verhaegen26 facts ▸
- General meeting, 24-06-2010
- Director resignation, Walter Van Hofstraeten (director)
- Director resignation, Eddy Van Wonterghem (director)
- Director reappointment, Joseph Pollentier (director)
- Director reappointment, Henri Housen (director)
- Director reappointment, Frans Huybrechts (director)
- Director reappointment, Jaak Beke (director)
- Director reappointment, Ghislain De Baerdemaeker (director)
- Director reappointment, Hendrik Soete (director)
- Director reappointment, Herman Lammens (director)
- Board composition, Leo Bernaerts (director)
- Board composition, Joseph Pollentier (director)
- +14 further facts in this act
30-10
State Gazette act
Reappointment: Eddy Van Wongterghem (director)Resignation: Walter Van Hofstraeten (director) · Auditor mandate20 facts ▸
- General meeting, 24-06-2009
- Director reappointment, Eddy Van Wongterghem (director)
- Board composition, Leo Bernaerts (chair)
- Board composition, Jozef Pollentier (director)
- Board composition, Henri House (director)
- Board composition, Frans Huybrechts (director)
- Board composition, Jaak Beke (director)
- Board composition, Shislain De Baerdemaeker (director)
- Board composition, Hendrik Soete (director)
- Board composition, Lammens Herman (director)
- Board composition, Joost Castryck (director)
- Board composition, Dirk Fevery (director)
- +8 further facts in this act
31-12
State Gazette act
Resignation: Van Wonterghem Eddy (director)Appointments: Van Wonterghem Eddy (director) and Verspreet Luc (managing director)20 facts ▸
- General meeting, 25-06-2003
- Director resignation, Van Wonterghem Eddy (director)
- Director appointment, Van Wonterghem Eddy (director)
- Board composition, Avermaete Marcel (director)
- Board composition, Van Wonterghem Eddy (director)
- Board composition, Bernaerts Leo (director)
- Board composition, Stinkens Lu (director)
- Board composition, Moors Renaat (director)
- Board composition, Tolpe André (director)
- Board composition, Pollentier Jozef (director)
- Board composition, Housen Henri (director)
- Board composition, Polet Geert (director)
- +8 further facts in this act
About the unread acts
Of the 20 Belgian State Gazette acts we know for this company, 19 have been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
Board 15
Show all 15 directors
8 not recently confirmed
Day-to-day management 1
Statutory auditor 1
Other functions 1
Not every act has been read: a resignation may be missing here
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24662F0084/00V000 | Flanders | 1.3 ha | 1 · 5,798 m² | 7.3 m · 2 fl. |
Linked by address, not proof of ownership
Mandate history
- Board
- Day-to-day management
- Statutory auditor
- Other function
- not recently confirmed
- began earlier
| Name | Functions and periods |
|---|---|
| Herman Lammens |
|
| Depuydt Jürgen |
|
| Dirk David |
|
| Erik Wallyn |
|
| Marc Ceyssens |
|
| Castryck Joost |
|
| Moors Renaat |
|
| Van Thielen Dirk |
|
| Elst Johan |
|
| Bart De Baerdemaeker |
|
| Renaat Vandebrouck |
|
| Bernaerts Jan |
|
| Buyens Jef |
|
| Gorssen Jan |
|
| Luyssen Peter |
|
| BV Foederer DFK Bedrijfsrevisoren |
|
| Eddy Van Wongterghem |
|
| D. Fevery |
|
| D. Van Thielen |
|
| J. Castryck |
|
| J. Rommens |
|
| L. Bernaerts |
|
| L. Stinkens |
|
| R. Moors |
|
| Luc Verspreet |
|
| Deloitte Bedrijfsrevisoren |
|
| Dirk Fevery |
|
| Luc Stinkens |
|
| Steven Bastiaens |
|
| Rudi Van Looveren |
|
| Patrick Horten |
|
| Leo Bernaerts |
|
| Luc Dumolein |
|
| Eric Lauwers |
|
| Jan Arnouts |
|
| Deloitte Bedrijfsrevisoren |
|
| Ghislain De Baerdemaeker |
|
| Hendrik Soete |
|
| Jaak Beke |
|
| Jan Rommens |
|
| POLLENTIER Joseph |
|
| Frans Huybrechts |
|
| Henri Housen |
|
| Van Wonterghem Eddy |
|
| Walter Van Hofstraeten |
|
Articles of association
Full purpose
De vennootschap heeft tot doel, in de ruimste zin van het woord, de afzet van varkens te organiseren, zowel levend als geslacht, van de producent tot de handel in het algemeen, en tot de been verwerking en zelfs tot aan de verbruiker. Zij heeft bovendien tot doel het ondersteunen van haar leden in eender welke vorm, waaronder begrepen het verlenen van financiële ondersteuning. De vennootschap kan tevens alle doelstellingen nastreven bedoeld in artikel 152.1(c) van Verordening 1308/2013... [plus general activities A-H, management of assets, and special provisions]
Structure & network
Owners and holdings
2 ownersOwners 2
-
0.26%
- Sourceaccounts GOLMEER 20250%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. 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 fill in these statements, or need not, is missing.
Connections & network
8 connected companiesShow 4 more companies with a shared director
Recognitions · licences · registrations
Legal Entity Identifier
Similar companies · same sector, comparable size
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.