PROPTECH LAB
BankruptcySummary
The KBO register records for PROPTECH LAB the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2025 annual accounts show negative equity (€-611k) and a net result of €-109k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-611k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
29 d early
2024
335 d late
2023
456 d late
2022
80 d late
2021
99 d late
2020
46 d late
2019
100 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-611k▼ 21.8%
2024 · €-501k
2019: €32khighest in 7 years
2020: €28k▼ -13.4% vs 2019
2021: €499▼ -98.2% vs 2020
2022: €-32k▼ -6470% vs 2021
2023: €-52k▼ -65.0% vs 2022
2024: €-501k▼ -856% vs 2023
2025: €-611k▼ -21.8% vs 2024lowest in 7 years
2019 → 2025
Total assets
€322k▼ 9.2%
2024 · €355k
2019: €54klowest in 7 years
2020: €103k▲ +91.3% vs 2019
2021: €168k▲ +62.9% vs 2020
2022: €251k▲ +48.9% vs 2021
2023: €301k▲ +20.0% vs 2022
2024: €355k▲ +17.9% vs 2023highest in 7 years
2025: €322k▼ -9.2% vs 2024
2019 → 2025
Net result
€-109k▲ 75.6%
2024 · €-449k
2019: €26khighest in 7 years
2020: €-4k▼ -117% vs 2019
2021: €-27k▼ -536% vs 2020
2022: €-32k▼ -19.6% vs 2021
2023: €-21k▲ +36.0% vs 2022
2024: €-449k▼ -2074% vs 2023lowest in 7 years
2025: €-109k▲ +75.6% vs 2024
2019 → 2025
Working capital
€-224k▼ 95.1%
2024 · €-115k
2019: €32k
2020: €73k▲ +129% vs 2019highest in 7 years
2021: €72k▼ -0.9% vs 2020
2022: €70k▼ -2.9% vs 2021
2023: €-17k▼ -124% vs 2022
2024: €-115k▼ -575% vs 2023
2025: €-224k▼ -95.1% vs 2024lowest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€499-€-32k€-52k▼ 65.0%€-501k▼ 856%€-611k▼ 21.8%
2021: €499highest in 5 years
2022: €-32k▼ -6470% vs 2021
2023: €-52k▼ -65.0% vs 2022
2024: €-501k▼ -856% vs 2023
2025: €-611k▼ -21.8% vs 2024lowest in 5 years
Operating result€-20k-€-31k▼ 51.6%€-19k▲ 37.4%€-447k▼ 2,239%€-105k▲ 76.4%
2021: €-20k
2022: €-31k▼ -51.6% vs 2021
2023: €-19k▲ +37.4% vs 2022highest in 5 years
2024: €-447k▼ -2239% vs 2023lowest in 5 years
2025: €-105k▲ +76.4% vs 2024
Net result€-27k-€-32k▼ 19.6%€-21k▲ 36.0%€-449k▼ 2,074%€-109k▲ 75.6%
2021: €-27k
2022: €-32k▼ -19.6% vs 2021
2023: €-21k▲ +36.0% vs 2022highest in 5 years
2024: €-449k▼ -2074% vs 2023lowest in 5 years
2025: €-109k▲ +75.6% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €105k in 2025 against €447k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €322k
Fixed assets
€17k ▼ 1.1%
Current assets
€305k ▼ 9.6%
Key figures and ratios
EBITDA
€-105k▲
2024 · €-447k
Cash flow
€-109k▲
2024 · €-449k
Solvency
-189.5%▼
2024 · -141.3%
Current ratio
0.58▼
2024 · 0.75
Debt to equity
-1.53▲
2024 · -1.71
ROA
-33.9%▲
2024 · -126.5%
Interest coverage
-22.02▲
2024 · -224.77
Debt
€933k▲
2024 · €856k
Debt ≤ 1 year
€530k▲
2024 · €453k
Debt > 1 year
€403k▲
2024 · €403k
Staff costs
€268k▼
2024 · €404k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€355k€322k▼
Fixed assets21/28€17k€17k▼
Tangible fixed assets22/27€191-
Furniture and vehicles24€191-
Financial fixed assets28€17k€17k=
Current assets29/58€338k€305k▼
Amounts receivable within one year40/41€297k€301k▲
Trade receivables40€254k€259k▲
Other amounts receivable41€43k€43k=
Cash at bank and in hand54/58€38k€2k▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€355k€322k▼
Equity10/15€-501k€-611k▼
Contributions10/11€6k€6k=
Reserves13€1k€1k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Profit (loss) carried forward14€-509k€-618k▼
Amounts payable17/49€856k€933k▲
Amounts payable after more than one year17€403k€403k▲
Financial debts170/4€400k€403k▲
Other amounts payable178/9€3k-
Amounts payable within one year42/48€453k€530k▲
Trade debts44€193k€199k▲
Suppliers440/4€193k€199k▲
Taxes, remuneration and social security45€260k€331k▲
Taxes450/3€176k€189k▲
Remuneration and social security454/9€83k€142k▲
Accrued charges and deferred income492/3€515-
Income statement
Code20242025
Non-recurring operating income76A-€3k
Remuneration, social security and pensions62€404k€268k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€209€191▼
Other operating charges640/8€371€638▲
Non-recurring operating charges66A€40k€24k▼
Gross operating margin9900€-2k€187k▲
Operating profit (loss)9901€-447k€-105k▲
Financial income75/76B€99€889▲
Recurring financial income75€99€889▲
Financial charges65/66B€2k€5k▲
Recurring financial charges65€2k€5k▲
Profit (loss) for the period before taxes9903€-449k€-109k▲
Profit (loss) for the period9904€-449k€-109k▲
Profit (loss) for the period to be appropriated9905€-449k€-109k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-509k€-618k▼
Profit (loss) brought forward from the previous period14P€-60k€-509k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €3k | - |
| Remuneration, social security and pensions62 | €64k | €141k | €257k | €404k | €268k | ▼ 33.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €18 | €209 | €209 | €191 | ▼ 8.6% |
| Other operating charges640/8 | €1k | €7k | €6k | €371 | €638 | ▲ 72.0% |
| Non-recurring operating charges66A | - | - | - | €40k | €24k | ▼ 39.7% |
| Gross operating margin9900 | €45k | €118k | €244k | €-2k | €187k | ▲ 7,728% |
| Operating profit (loss)9901 | €-20k | €-31k | €-19k | €-447k | €-105k | ▲ 76.4% |
| Financial income75/76B | - | - | €122 | €99 | €889 | ▲ 794% |
| Recurring financial income75 | - | - | €122 | €99 | €889 | ▲ 794% |
| Financial charges65/66B | €3k | €2k | €2k | €2k | €5k | ▲ 141% |
| Recurring financial charges65 | €3k | €2k | €2k | €2k | €5k | ▲ 141% |
| Profit (loss) for the period before taxes9903 | €-23k | €-32k | €-21k | €-449k | €-109k | ▲ 75.6% |
| Income taxes67/77 | €4k | - | - | - | - | - |
| Profit (loss) for the period9904 | €-27k | €-32k | €-21k | €-449k | €-109k | ▲ 75.6% |
| Profit (loss) for the period to be appropriated9905 | €-27k | €-32k | €-21k | €-449k | €-109k | ▲ 75.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €168k | €251k | €301k | €355k | €322k | ▼ 9.2% |
| Fixed assets21/28 | €12k | €18k | €17k | €17k | €17k | ▼ 1.1% |
| Tangible fixed assets22/27 | - | €610 | €400 | €191 | - | - |
| Furniture and vehicles24 | - | €610 | €400 | €191 | - | - |
| Financial fixed assets28 | €12k | €17k | €17k | €17k | €17k | = |
| Current assets29/58 | €156k | €233k | €284k | €338k | €305k | ▼ 9.6% |
| Amounts receivable after more than one year29 | - | €102k | €102k | - | - | - |
| Other amounts receivable291 | - | €102k | €102k | - | - | - |
| Amounts receivable within one year40/41 | €148k | €96k | €174k | €297k | €301k | ▲ 1.5% |
| Trade receivables40 | €47k | €66k | €142k | €254k | €259k | ▲ 1.7% |
| Other amounts receivable41 | €101k | €30k | €32k | €43k | €43k | = |
| Current investments50/53 | €7k | - | - | - | - | - |
| Cash at bank and in hand54/58 | - | €29k | €6k | €38k | €2k | ▼ 94.3% |
| Deferred charges and accrued income490/1 | €2k | €5k | €803 | €2k | €2k | ▼ 28.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €168k | €251k | €301k | €355k | €322k | ▼ 9.2% |
| Equity10/15 | €499 | €-32k | €-52k | €-501k | €-611k | ▼ 21.8% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €1k | €1k | €1k | €1k | €1k | = |
| Non-distributable reserves130/1 | €1k | €1k | €1k | €1k | €1k | = |
| Reserves not available under the articles1311 | €1k | €1k | €1k | €1k | €1k | = |
| Profit (loss) carried forward14 | €-7k | €-39k | €-60k | €-509k | €-618k | ▼ 21.5% |
| Amounts payable17/49 | €168k | €283k | €353k | €856k | €933k | ▲ 9.0% |
| Amounts payable after more than one year17 | - | - | €3k | €403k | €403k | ▲ 0.1% |
| Financial debts170/4 | - | - | - | €400k | €403k | ▲ 0.8% |
| Other amounts payable178/9 | - | - | €3k | €3k | - | - |
| Amounts payable within one year42/48 | €84k | €163k | €301k | €453k | €530k | ▲ 17.0% |
| Trade debts44 | €41k | €48k | €76k | €193k | €199k | ▲ 2.9% |
| Suppliers440/4 | €41k | €48k | €76k | €193k | €199k | ▲ 2.9% |
| Taxes, remuneration and social security45 | €31k | €110k | €219k | €260k | €331k | ▲ 27.5% |
| Taxes450/3 | €22k | €83k | €129k | €176k | €189k | ▲ 7.4% |
| Remuneration and social security454/9 | €10k | €28k | €90k | €83k | €142k | ▲ 69.9% |
| Other amounts payable47/48 | €12k | €5k | €5k | - | - | - |
| Accrued charges and deferred income492/3 | €84k | €119k | €50k | €515 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-27k | €-32k | €-21k | €-449k | €-109k | ▲ 75.6% |
| + Depreciation and write-downs630 | - | €18 | €209 | €209 | €191 | ▼ 8.6% |
| Operating cash flow (approximation) | €-27k | €-32k | €-20k | €-449k | €-109k | ▲ 75.7% |
| Investment in fixed assets (approximation) | - | €-6k | €0 | €0 | €0 | - |
| Change in cash | - | - | €-23k | €32k | €-36k | ▼ 213% |
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
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 335 days late
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 456 days late
2024
31-12
Financial
Weakest financial yearnet €-449k
Net result drops to €-449k, the lowest in the series.
2023
19-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 80 days late
2022
07-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 99 days late
2021
15-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 46 days late
2020
08-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 100 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 2019
Ground area
3,742 m²
Building footprint
2,348 m²
Volume, LiDAR
40,951 m³
2 parcels, Brussels · tallest building 32.6 m, ±6 floors. Linked by address, not a title deed.
51
companies at this address
See who is registered here
1 establishment unit
PROPTECH LAB
since 20192.288.260.781
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21382C0114/00T002 | Brussels | 2,562 m² | 1 · 1,164 m² | 23.0 m · 6 fl. |
| 21807G0181/00P000 | Brussels | 1,180 m² | 1 · 1,184 m² | 32.6 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Identification & contact
Identification
Legal formPrivate limited company
Founded02-04-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
18130Pre-press and pre-media services
64210Activities of holding companies
82300Organisation of conventions and trade shows
85599Other education
Scores and ratios are computed by Checked and are not a credit decision.