What is the address of PROPATH?

The registered office of PROPATH is located at Stationsstraat 215, 9890 Gavere.

Is PROPATH still active?

Yes. According to the CBE (29 October 2026) PROPATH is active, legal situation “Normale toestand”, started on 10 January 1997.

Is PROPATH registered on Peppol?

Yes, PROPATH is registered on the Peppol network with ID 0208:0459772872.

What is the enterprise number of PROPATH?

The enterprise number of PROPATH is BE0459772872.

When was PROPATH founded?

PROPATH was founded on 10 January 1997.

Who are the directors of PROPATH?

According to the 2025 annual accounts, the directors of PROPATH are: Lode Maes.

Is PROPATH a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 10 January 1997; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did PROPATH make in 2025?

PROPATH posted a profit after taxes of € 77,179 in financial year 2025.

What is the revenue of PROPATH?

As a small company, PROPATH is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 429,875.

How much does an employee at PROPATH earn?

The average wage cost per full-time employee at PROPATH was € 66,300 in 2025: staff costs of € 272,001 for 4.1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does PROPATH have?

According to the 2025 annual accounts, PROPATH has 4.1 full-time equivalents (FTE).

PROPATH (Private Limited) - Gavere - BE0459772872

Q: What does PROPATH do?

PROPATH is registered with the CBE as active in: Vervaardiging van medische en tandheelkundige instrumenten en benodigdheden. Private Limited, started on 10 January 1997, 1 establishment.

Dossier PROPATH, printed on 29 October 2026 from databakkes.be/en/0459772872/propath. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

PROPATH from Gavere, company number BE0459772872, closed financial year 2025 with a result of € 77,179 after tax. For that financial year PROPATH recorded a gross margin of € 429,875 and equity of € 599,997. Compared with financial year 2024, the result moved from € 99,646 to € 77,179. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.

What it is worth Growing

€ 599,997

▲ 15% vs 2024

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

Profit Healthy

€ 77,179

▼ 23% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 17,435

▼ 35% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 581,405.

People and assets in 2025

Full-time equivalents

4.1

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 272,001

▲ 6% vs 2024

€ 66,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 88,834

▼ 21% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 202,979

▲ 5% vs 2024

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

Wages and social charges

€ 23,060

▼ 1% vs 2024

Wages, holiday pay and social contributions still to pay. No outstanding taxes.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 245,324 Gross margin 2022: € 245,324 First fiscal year in the series	€ 426,508 Gross margin 2023: € 426,508 ▲ 74% vs 2022 (€ 245,324) Favourable step	€ 424,898 Gross margin 2024: € 424,898 Unchanged (€ 426,508) Unfavourable step	€ 429,875 Gross margin 2025: € 429,875 ▲ 1% vs 2024 (€ 424,898) Favourable step	▲ 1%
Profit after taxes	€ 19,295 Profit after taxes 2022: € 19,295 First fiscal year in the series	€ 129,022 Profit after taxes 2023: € 129,022 ▲ € 109,727 vs 2022 (€ 19,295) Favourable step	€ 99,646 Profit after taxes 2024: € 99,646 ▼ 23% vs 2023 (€ 129,022) Unfavourable step	€ 77,179 Profit after taxes 2025: € 77,179 ▼ 23% vs 2024 (€ 99,646) Unfavourable step	▼ 23%
Equity	€ 294,150 Equity 2022: € 294,150 First fiscal year in the series	€ 423,172 Equity 2023: € 423,172 ▲ 44% vs 2022 (€ 294,150) Favourable step	€ 522,818 Equity 2024: € 522,818 ▲ 24% vs 2023 (€ 423,172) Favourable step	€ 599,997 Equity 2025: € 599,997 ▲ 15% vs 2024 (€ 522,818) Favourable step	▲ 15%
Total debts	€ 438,231 Total debts 2022: € 438,231 First fiscal year in the series	€ 783,187 Total debts 2023: € 783,187 ▲ 79% vs 2022 (€ 438,231) Unfavourable step	€ 623,257 Total debts 2024: € 623,257 ▼ 20% vs 2023 (€ 783,187) Favourable step	€ 343,034 Total debts 2025: € 343,034 ▼ 45% vs 2024 (€ 623,257) Favourable step	▼ 45%
Cash	€ 69,932 Cash 2022: € 69,932 First fiscal year in the series	€ 20,570 Cash 2023: € 20,570 ▼ 71% vs 2022 (€ 69,932) Unfavourable step	€ 26,751 Cash 2024: € 26,751 ▲ 30% vs 2023 (€ 20,570) Favourable step	€ 17,435 Cash 2025: € 17,435 ▼ 35% vs 2024 (€ 26,751) Unfavourable step	▼ 35%
Retained profit	€ 275,558 Retained profit 2022: € 275,558 First fiscal year in the series	€ 404,580 Retained profit 2023: € 404,580 ▲ 47% vs 2022 (€ 275,558) Favourable step	€ 504,226 Retained profit 2024: € 504,226 ▲ 25% vs 2023 (€ 404,580) Favourable step	€ 581,405 Retained profit 2025: € 581,405 ▲ 15% vs 2024 (€ 504,226) Favourable step	▲ 15%
Balance sheet total	€ 732,381 Balance sheet total 2022: € 732,381 First fiscal year in the series	€ 1,206,359 Balance sheet total 2023: € 1,206,359 ▲ 65% vs 2022 (€ 732,381) Unchanged	€ 1,146,075 Balance sheet total 2024: € 1,146,075 ▼ 5% vs 2023 (€ 1,206,359) Unchanged	€ 943,031 Balance sheet total 2025: € 943,031 ▼ 18% vs 2024 (€ 1,146,075) Unchanged	▼ 18%
Employees (FTE)	5 Employees (FTE) 2022: 5 First fiscal year in the series	5.8 Employees (FTE) 2023: 5.8 ▲ 0.8 vs 2022 (5) Unchanged	4.1 Employees (FTE) 2024: 4.1 ▼ 1.7 vs 2023 (5.8) Unchanged	4.1 Employees (FTE) 2025: 4.1 Unchanged (4.1) Unchanged

Key figures of PROPATH, 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 PROPATH?

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

Jun 23, 2026 New annual accounts for financial year 2025: profit of € 77,179 (▼ 23% vs 2024). Source: NBB ↗
2023 Lode Maes became a director. NBB
Feb 5, 1997 New establishment in Ronse. KBO
Jan 10, 1997 Start of the company according to the CBE. KBO

In short

From € 19,295 profit in 2022 to € 77,179 profit in 2025.

Paid € 125,333 in corporate taxes since 2022.

Best year ever: 2023, with € 129,022 profit.

On average € 104,800 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

DELMAC 100%

The stake of DELMAC comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

PROPATH

Behind PROPATH is Lode Maes. The shares are held by DELMAC (100%).

Directors

According to the 2025 annual accounts

Lode Maes

Director

Also active at: STUDIO C

since 2023

Shareholders

DELMAC

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Stationsstraat 215

9890 Gavere

2.080.316.834

Nieuwe Pontstraat 9

9600 Ronse

Active since 5 February 1997

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

Lumarco

€ 4,470 gross margin · 2025

STUDIO C same network

€ 59,532 gross margin · 2025

DELMAC same network

€ 313,743 gross margin · 2025

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

Details

Company number

0459.772.872

VAT number

BE 0459.772.872

Registered office

Stationsstraat 215, 9890 Gavere

Names & denominations

PROPATH

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

10 January 1997

Peppol

Active · Active since 4 Dec 2025

Contact

[email protected]

Activities · NACE

Vervaardiging van medische en tandheelkundige instrumenten en benodigdheden

Vervaardiging van overige producten van metaal, neg

Vervaardiging van bestralingsapparatuur en van elektromedische en elektrotherapeutische apparatuur

Groothandel in farmaceutische en medische artikelen

View on CBE Public ↗ Annual accounts (NBB) ↗

PROPATH

Financials

What happened to PROPATH?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions