PROPRENET
The computed 12-month bankruptcy probability of PROPRENET is 3.1% (moderate). The 2025 annual accounts show equity of €40k and a net result of €-20k. Equity is shrinking by ~18% per year across the filed fiscal years. Its solvency ranks better than 29% of 496 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €40k |
| Net result | €-20k |
| Staff (FTE) | 12.1 |
| Better than sector | 29% |
Fragile profile, watch profitability in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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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 | 19.4% | 38.3% | |
| Net result | €-20k | €13k | |
| Equity | €40k | €42k | |
| Gross operating margin | €602k | €55k | |
| Staff costs | €613k | €47k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €-12k |
| Net profit | €-20k |
| Cash flow | €-13k |
| Staff costs | €613k |
| Income taxes | €514 |
| Dividends | - |
| Total assets | €207k |
| Equity | €40k |
| Debt | €167k |
| of which ≤ 1y | €167k |
| of which > 1y | - |
| Working capital | €28k |
| Employees (FTE) | 12.1 |
| 2025 | |
|---|---|
| Current ratio | 1.17 |
| Quick ratio | 1.17 |
| Working capital ratio | 13.4% |
| Solvency | 19.4% |
| Debt / equity | 4.16 |
| Long-term debt ratio | - |
| Interest coverage | -30.56 |
| Gross margin | - |
| Net margin | - |
| ROA | -9.7% |
| ROE | -50.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €207k |
| Fixed assets | 21/28 | €12k |
| Tangible fixed assets | 22/27 | €12k |
| Current assets | 29/58 | €195k |
| Amounts receivable within one year | 40/41 | €154k |
| Cash & bank | 54/58 | €37k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €207k |
| Equity | 10/15 | €40k |
| Contributions / capital | 10/11 | €63k |
| Accumulated profits (losses) | 14 | €-22k |
| Amounts payable | 17/49 | €167k |
| Amounts payable within one year | 42/48 | €167k |
| Trade debts payable within one year | 44 | €29k |
| Income statement | ||
| Gross operating margin | 9900 | €602k |
| Operating result | 9901 | €-19k |
| Financial charges | 65 | €386 |
| Result before taxes | 9903 | €-20k |
| Income taxes | 67/77 | €514 |
| Net result for the period | 9904 | €-20k |
| Result to be appropriated | 9905 | €-20k |
-
STELLA SALegal entityDirector· perm. rep.: Gérard VANHAESEBROUCKEState Gazette act 25153230 (04-12-2025)Current04-12-2025 → present
2 events
- 04-12-2025 Appointed· Director
- 01-10-2025 Resigned· Director
| NACE primary | Cleaning & landscape services(81220) |
| Legal form | Private limited company(610) |
| Incorporation | 30-09-2022 |
| Status | Active |
| Postal code | 7700 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54007B0489/00H000 | Wallonia | 421 m² | 1 · 71 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
04-12-2025 1 director appointed, 1 resigning
- Jean-Bernard ANTOINE, Bestuurder
- Gérard VANHAESEBROUCKE, Bestuurder
Technical details
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"effective_date": "2025-10-01",
"evidence_quote": "Il ressort du PV de l\u0027Organe d\u0027Administration du 1r octobre 2025 que l\u0027organe d\u0027administration a : pris acte de la d\u00E9mission donn\u00E9e par Monsieur G\u00E9rard VANHAESEBROUCKE en qualit\u00E9 de repr\u00E9sentant permanent de l\u0027administrateur STELLA SA, avec effet au 1er octobre 2025."
},
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"evidence_quote": "La SA STELLA, administrateur, a d\u00E9sign\u00E9 comme nouveau repr\u00E9sentant permanent, pour: l\u0027exercice de son mandat d\u0027administrateur dans la SRL PROPRENET, Monsieur Jean-Bernard ANTOINE."
}
],
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}
}19-03-2024 SA CALLENS VANDELANOTTE appointed as statutory auditor
- SA CALLENS VANDELANOTTE, Commissaris
Technical details
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"evidence_quote": "Il ressort du proc\u00E8s-verbal de l\u0027assembl\u00E9e g\u00E9n\u00E9rale sp\u00E9ciale en date du 18/01/2024 que l\u0027assembl\u00E9e a d\u00E9cid\u00E9 de nommer comme commissaire pour un terme renouvable de trois ans, la SA CALLENS VANDELANOTTE, ayant son si\u00E8ge \u00E0 8500 Kortrijk, President Kennedypark 1a, inscrite au registre des personnes mor"
}
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}
}04-10-2022 Incorporation of a new SRL
Technical details
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"founders": [
{
"org": {
"kbo": "0425.151.097",
"name": "STELLA"
},
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"holder_org_name": "STELLA",
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"amount_paid_in_eur": 62508.31,
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{
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],
"capital_eur": 62508.31,
"subject_company": {
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},
"initial_directors": [],
"incorporation_date": "2022-09-29",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | PROPRENET |