PROPIO
PROPIO has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €136k and a net result of €-47k. Equity is shrinking by ~5.3% per year across the filed fiscal years. Its solvency ranks better than 65% of 4407 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
| Equity | €136k |
| Net result | €-47k |
| Staff (FTE) | 55.6 |
| Better than sector | 65% |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 46.3% | 28.3% | |
| Net result | €-47k | €3k | |
| Equity | €136k | €17k | |
| Gross operating margin | €1.17M | €28k | |
| Staff costs | €1.20M | €43k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - | - |
| EBITDA | €-34k | €80k | €-13k | €-23k | €23k |
| Net profit | €-47k | €46k | €-27k | €-37k | €19k |
| Cash flow | €-36k | €58k | €-15k | €-25k | €30k |
| Staff costs | €1.20M | €1.09M | €1.14M | €1.07M | €976k |
| Income taxes | €176 | €21k | €94 | €264 | €-9k |
| Dividends | - | - | - | - | - |
| Total assets | €293k | €337k | €403k | €415k | €458k |
| Equity | €136k | €183k | €136k | €164k | €200k |
| Debt | €157k | €154k | €266k | €252k | €258k |
| of which ≤ 1y | €95k | €77k | €174k | €144k | €136k |
| of which > 1y | €62k | €77k | €92k | €107k | €121k |
| Working capital | €-66k | €-15k | €-58k | €-27k | €15k |
| Employees (FTE) | 55.6 | 51.1 | 34.7 | 32.8 | 32.2 |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 0.31 | 0.80 | 0.67 | 0.81 | 1.11 |
| Quick ratio | 0.31 | 0.80 | 0.67 | 0.81 | 1.11 |
| Working capital ratio | -22.5% | -4.5% | -14.3% | -6.6% | 3.4% |
| Solvency | 46.3% | 54.3% | 33.9% | 39.4% | 43.7% |
| Debt / equity | 1.16 | 0.84 | 1.95 | 1.54 | 1.29 |
| Long-term debt ratio | 0.46 | 0.42 | 0.68 | 0.65 | 0.61 |
| Interest coverage | -27.24 | 56.21 | -8.88 | -12.94 | 11.81 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | -16.0% | 13.8% | -6.8% | -8.9% | 4.2% |
| ROE | -34.5% | 25.4% | -19.9% | -22.5% | 9.6% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (24 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €293k | €337k | €403k | €415k | €458k |
| Fixed assets | 21/28 | €264k | €275k | €286k | €298k | €307k |
| Intangible fixed assets | 21 | - | €0 | €61 | €793 | €2k |
| Tangible fixed assets | 22/27 | €264k | €275k | €286k | €297k | €305k |
| Current assets | 29/58 | €29k | €62k | €117k | €117k | €151k |
| Amounts receivable within one year | 40/41 | - | €36k | €47k | €58k | €56k |
| Cash & bank | 54/58 | €5k | €25k | €65k | €37k | €67k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €293k | €337k | €403k | €415k | €458k |
| Equity | 10/15 | €136k | €183k | €136k | €164k | €200k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k | €19k |
| Reserves | 13 | €117k | €171k | €171k | €171k | €171k |
| Accumulated profits (losses) | 14 | - | €-7k | €-53k | €-26k | €11k |
| Amounts payable | 17/49 | €157k | €154k | €266k | €252k | €258k |
| Amounts payable after one year | 17 | €62k | €77k | €92k | €107k | €121k |
| Amounts payable within one year | 42/48 | €95k | €77k | €174k | €144k | €136k |
| Trade debts payable within one year | 44 | €13k | €20k | €23k | €46k | €43k |
| Income statement | ||||||
| Gross operating margin | 9900 | €1.17M | €1.17M | €1.13M | €1.05M | €1.00M |
| Operating result | 9901 | €-45k | €69k | €-26k | €-35k | €12k |
| Financial income | 75 | €3 | €126 | €0 | - | - |
| Financial charges | 65 | €1k | €1k | €2k | €2k | €2k |
| Result before taxes | 9903 | €-47k | €67k | €-27k | €-37k | €10k |
| Income taxes | 67/77 | €176 | €21k | €94 | €264 | €-9k |
| Net result for the period | 9904 | €-47k | €46k | €-27k | €-37k | €19k |
| Result to be appropriated | 9905 | €-47k | €46k | €-27k | €-37k | €19k |
Former directors (1)
-
Former- → 27-01-2026
| NACE primary | Personal service activities(96910) |
| Legal form | Private limited company(610) |
| Incorporation | 17-10-2007 |
| Status | Active |
| Postal code | 3700 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73347A0363/00N005 | Flanders | 7,192 m² | 1 · 728 m² | 19.6 m · 5 fl. |
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
04-02-2026 2 directors appointed, 1 resigning
- NV GELOMA, Bestuurder
- CommV LIMPIA INVEST, Bestuurder
- Daniël Gorissen, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "NV GELOMA",
"address": null,
"birth_date": null
},
"effective_date": "2026-01-27",
"evidence_quote": "De algemene vergadering beslist tot de benoeming van NV GELOMA, met zetel te 3670 Oudsbergen Hoogstraat 46 bus 2, als niet-statutaire bestuurder, en dit met ingang op 27/01/2026."
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "CommV LIMPIA INVEST",
"address": null,
"birth_date": null
},
"effective_date": "2026-01-27",
"evidence_quote": "De algemene vergadering beslist tot de benoeming van CommV LIMPIA INVEST, met zetel te 3670 Oudsbergen Hoogstraat 46 bus 2, als niet-statutaire bestuurder, en dit met ingang op 27/01/2026."
},
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Dani\u00EBl Gorissen",
"address": null,
"birth_date": null
},
"effective_date": "2026-01-27",
"evidence_quote": "De algemene vergadering beslist tot het ontslag van Dani\u00EBl Gorissen, met woonplaats te 2560 Nijlen Goorerf 28, als niet-statutaire bestuurder, en dit met ingang op 27/01/2026. De algemene vergadering verleent deze persoon kwijting voor de uitoefening van diens mandaat.",
"discharge_granted": true
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0893.145.613",
"name_full": "PROPIO",
"legal_form": "BV"
}
}14-11-2023 Change in the board of directors
Technical details
{
"events": [],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0893.145.613",
"name_full": "PROPIO",
"legal_form": "BVBA"
}
}| Legal nameNL | PROPIO |