Financials
Financial year 2025
PROPS from Merchtem, company number BE0742561229, closed financial year 2025 with a result of € 63,961 after tax. For that financial year PROPS recorded a gross margin of € 76,567 and equity of € 214,326. Compared with financial year 2024, the result moved from € 264,487 to € 63,961. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 26, 2026.
€ 214,326
▲ 43% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 63,961
▼ 76% vs 2024
Profit after tax over the fiscal year.
€ 43,857
▲ 31% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 211,326.
Debts at end 2025
€ 503,919
▼ 11% vs 2024
€ 65,447 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 1,224
▼ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,025
▼ 86% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,515 | € -3,227 | € 38,970 | € 76,567 | ▲ 96% |
| Profit after taxes | € -48,730 | € -17,149 | € 264,487 | € 63,961 | ▼ 76% |
| Equity | € -99,973 | € -114,122 | € 150,365 | € 214,326 | ▲ 43% |
| Total debts | € 1,605,963 | € 1,614,804 | € 1,385,023 | € 1,333,532 | ▼ 4% |
| Cash | € 5,560 | € 208 | € 33,387 | € 43,857 | ▲ 31% |
| Retained profit | € -99,973 | € -117,122 | € 147,365 | € 211,326 | ▲ 43% |
| Bank debt | € 680,816 | € 622,550 | € 563,587 | € 503,919 | ▼ 11% |
| Balance sheet total | € 1,505,990 | € 1,500,682 | € 1,535,388 | € 1,547,858 | ▲ 1% |
Key figures of PROPS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to PROPS?
What happened at PROPS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 63,961 (▼ 76% vs 2024). Source: NBB ↗
- New establishment in Merchtem. KBO
- Start of the company according to the CBE. KBO
- Claudia Merckx became a director. NBB
In short
From € 48,730 loss in 2022 to € 63,961 profit in 2025.
Paid € 14,736 in corporate taxes since 2022.
Best year ever: 2024, with € 264,487 profit.
Management
Behind PROPS is Claudia Merckx. It owns 100% of Immo M itself.
Directors
According to the 2025 annual accounts
since 2020
Establishments
Establishment units
Physical locations of this company
Galgestraat 127
1785 Merchtem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0742.561.229
- VAT number
- BE 0742.561.229
- Registered office
- Galgestraat 127, 1785 Merchtem
- Names & denominations
- PROPS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 January 2020
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Activiteiten van holdings
Holdings
Activiteiten van hoofdkantoren