What does PROPELLER do?

PROPELLER is a rental company in Wevelgem. Private Limited, started on 13 April 1994, 1 establishment.

What is the address of PROPELLER?

The registered office of PROPELLER is located at Luchthavenstraat 1 box 4, 8560 Wevelgem.

Is PROPELLER still active?

Yes. According to the CBE (29 October 2026) PROPELLER is active, legal situation “Normale toestand”, started on 13 April 1994.

Is PROPELLER registered on Peppol?

Yes, PROPELLER is registered on the Peppol network with ID 0208:0452481739.

What is the enterprise number of PROPELLER?

The enterprise number of PROPELLER is BE0452481739.

When was PROPELLER founded?

PROPELLER was founded on 13 April 1994.

Who are the directors of PROPELLER?

According to the 2025 annual accounts, the directors of PROPELLER are: Jan Borms.

Is PROPELLER a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 13 April 1994; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did PROPELLER make in 2025?

PROPELLER recorded a loss after taxes of € 44,661 in financial year 2025.

What is the revenue of PROPELLER?

As a small company, PROPELLER is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 50,122.

PROPELLER (Private Limited) - Wevelgem - BE0452481739

Dossier PROPELLER, printed on 29 October 2026 from databakkes.be/en/0452481739/propeller. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.

Financials

Financial year 2025

PROPELLER from Wevelgem, company number BE0452481739, closed financial year 2025 with a result of € -44,661 after tax. For that financial year PROPELLER recorded a gross margin of € 50,122 and equity of € 193,606. Compared with financial year 2024, the result moved from € -8,580 to € -44,661. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.

What it is worth Healthy

€ 193,606

▼ 19% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -44,661

▼ 421 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 47,432

▲ 4% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -206,394.

People and assets in 2025

Vehicles and equipment

€ 295,591

▼ 14% vs 2024

Of which on lease € 203,029.

Debts at end 2025

Bank debt

€ 64,698

▼ 46% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 26,436

▲ 92% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 254,532 Gross margin 2022: € 254,532 First fiscal year in the series	€ 146,568 Gross margin 2023: € 146,568 ▼ 42% vs 2022 (€ 254,532) Unfavourable step	€ 83,353 Gross margin 2024: € 83,353 ▼ 43% vs 2023 (€ 146,568) Unfavourable step	€ 50,122 Gross margin 2025: € 50,122 ▼ 40% vs 2024 (€ 83,353) Unfavourable step	▼ 40%
Profit after taxes	€ 139,047 Profit after taxes 2022: € 139,047 First fiscal year in the series	€ 36,552 Profit after taxes 2023: € 36,552 ▼ 74% vs 2022 (€ 139,047) Unfavourable step	€ -8,580 Profit after taxes 2024: € -8,580 ▼ € 45,131 vs 2023 (€ 36,552) Unfavourable step	€ -44,661 Profit after taxes 2025: € -44,661 ▼ € 36,082 vs 2024 (€ -8,580) Unfavourable step	▼ € 36,082
Equity	€ 210,296 Equity 2022: € 210,296 First fiscal year in the series	€ 246,847 Equity 2023: € 246,847 ▲ 17% vs 2022 (€ 210,296) Favourable step	€ 238,268 Equity 2024: € 238,268 ▼ 3% vs 2023 (€ 246,847) Unfavourable step	€ 193,606 Equity 2025: € 193,606 ▼ 19% vs 2024 (€ 238,268) Unfavourable step	▼ 19%
Total debts	€ 603,588 Total debts 2022: € 603,588 First fiscal year in the series	€ 538,587 Total debts 2023: € 538,587 ▼ 11% vs 2022 (€ 603,588) Favourable step	€ 334,167 Total debts 2024: € 334,167 ▼ 38% vs 2023 (€ 538,587) Favourable step	€ 292,516 Total debts 2025: € 292,516 ▼ 12% vs 2024 (€ 334,167) Favourable step	▼ 12%
Cash	€ 64,068 Cash 2022: € 64,068 First fiscal year in the series	€ 128,209 Cash 2023: € 128,209 ▲ 100% vs 2022 (€ 64,068) Favourable step	€ 45,723 Cash 2024: € 45,723 ▼ 64% vs 2023 (€ 128,209) Unfavourable step	€ 47,432 Cash 2025: € 47,432 ▲ 4% vs 2024 (€ 45,723) Favourable step	▲ 4%
Retained profit	€ -189,704 Retained profit 2022: € -189,704 First fiscal year in the series	€ -153,153 Retained profit 2023: € -153,153 ▲ € 36,552 vs 2022 (€ -189,704) Favourable step	€ -161,732 Retained profit 2024: € -161,732 ▼ € 8,580 vs 2023 (€ -153,153) Unfavourable step	€ -206,394 Retained profit 2025: € -206,394 ▼ € 44,661 vs 2024 (€ -161,732) Unfavourable step	▼ € 44,661
Bank debt	€ 226,092 Bank debt 2022: € 226,092 First fiscal year in the series	€ 172,992 Bank debt 2023: € 172,992 ▼ 23% vs 2022 (€ 226,092) Favourable step	€ 118,954 Bank debt 2024: € 118,954 ▼ 31% vs 2023 (€ 172,992) Favourable step	€ 64,698 Bank debt 2025: € 64,698 ▼ 46% vs 2024 (€ 118,954) Favourable step	▼ 46%
Balance sheet total	€ 813,883 Balance sheet total 2022: € 813,883 First fiscal year in the series	€ 785,434 Balance sheet total 2023: € 785,434 ▼ 3% vs 2022 (€ 813,883) Unchanged	€ 572,434 Balance sheet total 2024: € 572,434 ▼ 27% vs 2023 (€ 785,434) Unchanged	€ 486,122 Balance sheet total 2025: € 486,122 ▼ 15% vs 2024 (€ 572,434) Unchanged	▼ 15%

Key figures of PROPELLER, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to PROPELLER?

What happened at PROPELLER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 14, 2026 New annual accounts for financial year 2025: loss of € 44,661. Source: NBB ↗
2019 Jan Borms became a director. NBB
Aug 17, 1994 New establishment in Wevelgem. KBO
Apr 13, 1994 Start of the company according to the CBE. KBO

In short

From € 139,047 profit in 2022 to € 44,661 loss in 2025.

Best year ever: 2022, with € 139,047 profit.

Original PDFs at the National Bank ↗

Management

Jan Borms

PROPELLER

Behind PROPELLER is Jan Borms.

Directors

According to the 2025 annual accounts

Jan Borms

Director

since 2019

Establishments

Establishment units

Physical locations of this company

Registered office

Luchthavenstraat 1 box 4

8560 Wevelgem

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.

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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0452.481.739

VAT number

BE 0452.481.739

Registered office

Luchthavenstraat 1 bus 4, 8560 Wevelgem

Names & denominations

PROPELLER

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

13 April 1994

Peppol

Active · Active since 4 Nov 2025

Activities · NACE

Verhuur en lease van luchtvaartuigen

Verhuur van luchtvaartuigen

View on CBE Public ↗ Annual accounts (NBB) ↗

PROPELLER

Warning lights

Financials

What happened to PROPELLER?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions