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PROPULS'IDEA

Active Private limited company (pre-2019)founded 2018active for 8 yearsRue des Papilards 75, 4610 Beyne-HeusayKBO/BCE: BE 0696.846.119

Lifetime

7 annual accounts with figures on one time axis
peak €42,107 (2025)
€42,107▲ 115%
lowest -€75 (2022)
€29,134▲ 124%
peak €93,062 (2025)
€93,062▲ 45.6%
€10,474▲ 120%
Board1 name since 2018
1 director
Documentsfilings and deeds
06-08-20266 days late
2025micro format
Gross margin from €19,575 to €42,107Result from €13,013 to €29,134Equity from €63,928 to €93,062Debts from €4,757 to €10,474Cash from €55,382 to €87,653

Key points

from the 2025 annual accounts

Equity

€93,062 ▲ 45.6%

PROPULS'IDEA has made a profit without a break since 2023.

Turnover

≈ €130,000 estimated

The accounts state no turnover.

Investments

€2,250 9.4 × depreciation

Green is investment, beige is depreciation.

Liquidity

9.69 was 14.44 in 2024

Short-term debts rose from €4,757 to €10,474.

Filings

7 annual accounts 4 late
AprilJune31 JulyOctober202020222024

The 2019 accounts came latest: 388 days after the end of the period.

Position in the sector

89.9%

Higher solvency than 90% of companies in architecture and engineering. Sector median 54.0% · 12,247 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 26,969 companies had the same profile as PROPULS'IDEA has now. Each dot stands for 68 companies, two years later.

94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • 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 26,969 companies, not a prediction for PROPULS'IDEA. 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

Manager
  • 100 sharesdeed of 30-05-2018
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0696846119
First establishment Rue des Papilards 75, Beyne-Heusay
Incorporation Founding capital of €18,600, 100 shares, €12,400 paid up · Founder: · Appointment: (manager) · published on 30-05-2018 · Gazette deed
All 14 events

Comparable companies

same main activity, similar in size and age
Company
PROPULS'IDEA Beyne-Heusay €103,536 €42,107 89.9% -
BEJOY Liège €126,635 €45,615 48.3% -
d-z.ign Woluwe-Saint-Lambert €97,233 €37,890 80.0% -
HOAS Zandhoven €112,082 €45,788 77.5% -
MAERTENS ENGINEERING Bruges €122,159 €40,653 39.4% -
DEDC Rotselaar €120,338 €41,333 42.7% -
Zenith OSF Kraainem €124,243 €42,480 72.2% -

These companies have the same main activity as PROPULS'IDEA: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €97,200 and €127,000, founded between 2017 and 2019.

Official details

Source: KBO
Status
Active since 28-05-2018Normal situation
Activity
Engineering and related technical consultancy, excluding land surveyorsNACE 71121and 4 others
Establishment unit
2.276.349.2804610 Beyne-Heusay, since 01-06-2018
Financial year end
31 December
Peppol
Reachable since 17-12-2025
Company details

Annual accounts 2025

€103,536▲ 50.7%
Filing
Filed on 06-08-2026
Financials

Insights on PROPULS'IDEA

PROPULS'IDEA files the micro format. That format states no turnover. The gross margin rose from €31,505 in 2019 to €42,107 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 PROPULS'IDEA

What is the company number of PROPULS'IDEA?
The company number of PROPULS'IDEA is 0696.846.119. The VAT number is the same number with BE in front: BE 0696.846.119.
Where is PROPULS'IDEA based?
The registered office is at Rue des Papilards 75, 4610 Beyne-Heusay.Company details
What does PROPULS'IDEA do?
According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
What is the legal form of PROPULS'IDEA?
PROPULS'IDEA is a private limited company (pre-2019) (BVBA).
When was PROPULS'IDEA founded?
PROPULS'IDEA was founded on 28-05-2018.
Is PROPULS'IDEA still active?
Yes, PROPULS'IDEA is an active enterprise in the KBO register.
What is the turnover of PROPULS'IDEA?
The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €42,107 and 32 comparable companies (NACE 71121). It probably lies between €83,000 and €170,000. In financial year 2019 turnover was €31,505.Financials
Is PROPULS'IDEA profitable?
In financial year 2025, PROPULS'IDEA made a profit of €29,134.
Where can I find the annual accounts of PROPULS'IDEA?
PROPULS'IDEA filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PROPULS'IDEA due?
PROPULS'IDEA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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