Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 60 % of short-term debt in 2024; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 29 to 18.2.
-
Busy address KBO
63 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
Produpress from Oudergem, company number BE0650876928, closed financial year 2024 with a result of € 1.2 million after tax. For that financial year Produpress recorded a gross margin of € 5.2 million and equity of € -1.5 million. Compared with financial year 2023, the result moved from € -2 million to € 1.2 million. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 11, 2025.
€ -1.5 million
▲ € 1.2 million vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.2 million
▲ still € 2 million loss in 2023
Profit after tax over the fiscal year.
€ 927,257
▲ € 702,627 vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -1.5 million.
People and assets in 2024
18.2
▼ 7.6 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 1.6 million
▼ 13% vs 2023
€ 90,600 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.
Debts at end 2024
€ 1.1 million
▲ 166% vs 2023
Loans from banks and other lenders, long and short.
€ 1.3 million
▼ 54% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 584,325
▼ 65% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | - | € 9,239,886 | - | - | |
| Gross margin | € 831,731 | € 1,522,387 | € 1,398,411 | € 5,204,974 | ▲ 272% |
| Profit after taxes | € 46,219 | € -737,257 | € -2,039,820 | € 1,206,377 | ▲ € 3.2 million |
| Equity | € 89,199 | € -648,058 | € -2,687,879 | € -1,481,502 | ▲ € 1.2 million |
| Total debts | € 3,854,953 | € 4,366,824 | € 6,628,775 | € 4,486,039 | ▼ 32% |
| Cash | € 765,409 | € 856,313 | € 224,630 | € 927,257 | ▲ € 702,627 |
| Retained profit | € 27,699 | € -709,558 | € -2,749,379 | € -1,543,002 | ▲ € 1.2 million |
| Bank debt | € 0 | € 306,467 | € 396,446 | € 1,052,737 | ▲ 166% |
| Balance sheet total | € 3,944,152 | € 3,718,766 | € 3,940,897 | € 3,004,537 | ▼ 24% |
| Employees (FTE) | 9.8 | 29 | 25.8 | 18.2 | ▼ 7.6 |
Key figures of Produpress, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Produpress?
What happened at Produpress in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 1.2 million. filed late Source: NBB ↗
- AZERION BELGIUM became a director. NBB
- New establishment in Oudergem. KBO
- Start of the company according to the CBE. KBO
In short
From € 46,219 profit in 2021 to € 1.2 million profit in 2024.
Paid € 36,581 in corporate taxes since 2021.
Best year ever: 2024, with € 1.2 million profit.
On average € 286,000 of value added per employee in 2024.
Management
The stake of Azerion Belgium comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ProdupressBehind Produpress is AZERION BELGIUM. The shares are held by Azerion Belgium (100%).
Directors
According to the 2024 annual accounts
Director · represented by Vincent DELMOTTE
Also active at: MARCOM WORLD, Hawk Belgium
since 2024
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Herrmann-Debrouxlaan 54
1160 Oudergem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 63 companies are registered at this address.
All companies at this address →Société de saint-Vincent-de-Paul, Conseil national de Belgique(Sint-Vincentius a Paulo Vereniging, Nationale Raad van België
€ 1.2 million gross margin · 2025
ABA MANAGEMENT
€ 78,749 gross margin · 2025
GROUP P - OVERNAME - TRANSMISSION
€ 37,787 gross margin · 2025
SCOOP AGENCY
€ -9,670 gross margin · 2025
BELGIUM PARCELS SERVICE
€ 1.4 million gross margin · 2024
+58 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
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KINAMO-BACKBONE, BE
Website info
Features
Security
Details
- Company number
- 0650.876.928
- VAT number
- BE 0650.876.928
- Registered office
- Herrmann-Debrouxlaan 54, 1160 Oudergem
- Names & denominations
- Produpress
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 March 2016
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- produpress.be
- Activities · NACE
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