Equity
€595,574 ▲ 3.0%
PROPULSE PRODUCTION paid out €90,000 in dividends. That is 67% of the 2025 profit.
PROPULSE PRODUCTION
Lifetime
8 annual accounts with figures on one time axispeak €778,973 (2025)
€778,973▲ 3.9%
lowest -€7,234 (2020)
€133,852▼ 35.0%
peak €595,574 (2025)
€595,574▲ 3.0%
€414,772▲ 20.5%
peak 9.9 FTE (2025)
9.9 FTE▲ 25.3%
Board4 names since 2018
4 directorsGRANDJEAN Xavier and 3 others
Documentsfilings and deeds
16-06-202645 days before the deadline
2025abbreviated format
Result from €205,818 to €133,852Staff from 7.9 FTE to 9.9 FTEDividend €90,000Debts from €344,265 to €414,772Cash from €111,753 to €212,630
Key points
from the 2025 annual accountsResult
€133,852 ▼ 35.0%
The result fell in 2025 from €205,818 to €133,852.
Turnover
≈ €1.9m estimated
The accounts state no turnover.
Staff
9 employees on 31-12-2025
In 2025, 4 people joined and 4 left.
Filings
8 annual accounts 7 late
The 2019 accounts came latest: 101 days after the end of the period.
Position in the sector
€595,574
More equity than 90% of companies in food and beverage service. Sector median €78,347 · 4,847 companies.
Checked score
83
Excellent
Financially stronger than 64% of micro companies in food and beverage service (NACE 56)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.5%
01-2025: 1.5%● unchanged vs 12-2024
02-2025: 1.5%● unchanged vs 01-2025
03-2025: 1.4%▼ -0.1 percentage points vs 02-2025
04-2025: 1.4%● unchanged vs 03-2025
05-2025: 1.4%● unchanged vs 04-2025
06-2025: 1.5%▲ +0.1 percentage points vs 05-2025
07-2025: 1.6%▲ +0.1 percentage points vs 06-2025
08-2025: 1.9%▲ +0.3 percentage points vs 07-2025highest value
09-2025: 1.4%▼ -0.5 percentage points vs 08-2025
10-2025: 1.3%▼ -0.1 percentage points vs 09-2025
11-2025: 1.3%● unchanged vs 10-2025
12-2025: 1.3%● unchanged vs 11-2025
01-2026: 1.3%● unchanged vs 12-2025
02-2026: 1.3%● unchanged vs 01-2026
03-2026: 1.0%▼ -0.3 percentage points vs 02-2026
04-2026: 1.0%● unchanged vs 03-2026
05-2026: 1.0%● unchanged vs 04-2026
06-2026: 1.0%● unchanged vs 05-2026
07-2026: 0.6%▼ -0.4 percentage points vs 06-2026lowest value
08-2026: 0.6%● unchanged vs 07-2026lowest value
09-2026: 0.6%● unchanged vs 08-2026lowest value
10-2026: 0.6%● unchanged vs 09-2026
11-2026: 0.6%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Food and beverage service activities (NACE 56)
1 of the last 3 accounts late
lowers risk
Liquidity: current ratio 2.22, cash €212,630
Equity €595,574 (58.9% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 75% of them on solvency, 61% on liquidity, 73% on profitability and 47% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as PROPULSE PRODUCTION 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
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of PROPULSE PRODUCTION itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 26,972 companies, not a prediction for PROPULSE PRODUCTION. 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
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.22 (2.32 in 2024), above the usual 1.5. Short-term debt is 41.1% and cash 21% of total assets. 41.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 16-06-2026, 45 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
45 days early
2024
29 days late
2023
68 days late
2022
21 days late
2021
31 days late
2020
44 days late
2019
101 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 36 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (4 of the last 5 accounts filed within 40 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0687988633
Changes of role: GRANDJEAN Xavier, POMMERELL Lancelot and DENIS Jordy
“La conception, la planification, l’organisation, la coordination, l’optimisation d’événements en tout genre et…” (deed in French) · General meeting of 17-01-2022 · Gazette deed
Incorporation
Founders: GRANDJEAN Xavier Victor Geneviève and POMMERELL Lancelot · Founding capital of €18,600, 186 shares · Appointments: GRANDJEAN Xavier Victor Geneviève (manager) and POMMERELL Lancelot (manager) · published on 18-01-2018 · Gazette deed
First establishment
Chaussée d'Ottenbourg 117, Wavre
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PROPULSE PRODUCTION Wavre | €1.0m | €778,973 | 58.9% | 9.9 |
| DS FOOD Ghent | €0.8m | €772,313 | 4.8% | 9.4 |
| 8337 Wingene | €0.9m | €699,412 | 66.2% | 8.5 |
| 't Elsloschuurken Evergem | €0.8m | €681,858 | 14.1% | 9.7 |
| De Jacht Heverlee Tremelo | €0.7m | €615,028 | 12.0% | 8.3 |
| LE PLAT PAYS Zonnebeke | €1.5m | €762,524 | 21.8% | 12.5 |
| MAALTIJDEN AAN HUIS T FERMETJE Wielsbeke | €1.3m | €587,530 | 38.8% | 8.2 |
These companies have the same main activity as PROPULSE PRODUCTION: event catering (NACE 56210). They are comparable in size and age: total assets between €726,000 and €1.5m, founded between 2016 and 2020.
Official details
Source: KBO- Status
- Active since 16-01-2018Normal situation
- Activity
- Event cateringNACE 56210and 1 other
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.271.723.9641300 Wavre, since 16-01-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 11-12-2025
Annual accounts 2025
- €1.0m▲ 9.5%
- Employeeson 31-12-2025
- 9=
- Filing
- Filed on 16-06-2026, 45 days before the end of the filing period
Insights on PROPULSE PRODUCTION
PROPULSE PRODUCTION files the abbreviated format. That format states no turnover. The gross margin rose from €47,007 in 2018 to €778,973 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 PROPULSE PRODUCTION
- What is the company number of PROPULSE PRODUCTION?
- The company number of PROPULSE PRODUCTION is 0687.988.633. The VAT number is the same number with BE in front: BE 0687.988.633.
- Where is PROPULSE PRODUCTION based?
- The registered office is at Chaussée d'Ottenbourg 117, 1300 Wavre.Company details
- What does PROPULSE PRODUCTION do?
- According to the KBO register, the main activity is event catering (NACE 56210).
- What is the legal form of PROPULSE PRODUCTION?
- PROPULSE PRODUCTION is a private limited company (BV).
- When was PROPULSE PRODUCTION founded?
- PROPULSE PRODUCTION was founded on 16-01-2018.
- Is PROPULSE PRODUCTION still active?
- Yes, PROPULSE PRODUCTION is an active enterprise in the KBO register.
- How many employees does PROPULSE PRODUCTION have?
- PROPULSE PRODUCTION had an average of 9.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does PROPULSE PRODUCTION fall under?
- In its 2025 annual accounts, PROPULSE PRODUCTION states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of PROPULSE PRODUCTION?
- The turnover in financial year 2025 is ≈ €1.9m. This figure is estimated from the gross margin of €778,973 and 82 comparable companies (NACE 56). It probably lies between €1.7m and €2.3m.
- Is PROPULSE PRODUCTION profitable?
- In financial year 2025, PROPULSE PRODUCTION made a profit of €133,852.
- Where can I find the annual accounts of PROPULSE PRODUCTION?
- PROPULSE PRODUCTION filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PROPULSE PRODUCTION due?
- PROPULSE PRODUCTION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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