What does Propellant do?

Propellant is an IT company in Gent. Private Limited, started on 22 April 2021, 1 establishment.

What is the address of Propellant?

The registered office of Propellant is located at De Pintelaan 89, 9000 Gent.

Is Propellant still active?

Yes. According to the CBE (31 October 2026) Propellant is active, legal situation “Normale toestand”, started on 22 April 2021.

Is Propellant registered on Peppol?

Yes, Propellant is registered on the Peppol network with ID 0208:0767397088.

What is the enterprise number of Propellant?

The enterprise number of Propellant is BE0767397088.

When was Propellant founded?

Propellant was founded on 22 April 2021.

Who are the directors of Propellant?

According to the 2025 annual accounts, the directors of Propellant are: Krondorsoft BV.

Is Propellant a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 22 April 2021; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did Propellant make in 2025?

Propellant recorded a loss after taxes of € 3,913 in financial year 2025.

What is the revenue of Propellant?

As a small company, Propellant is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -3,040.

Propellant (Private Limited) - Gent - BE0767397088

Dossier Propellant, printed on 1 November 2026 from databakkes.be/en/0767397088/propellant. 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

Propellant from Gent, company number BE0767397088, closed financial year 2025 with a result of € -3,913 after tax. For that financial year Propellant recorded a gross margin of € -3,040 and equity of € 6,208. Compared with financial year 2024, the result moved from € -6,099 to € -3,913. 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 June 22, 2026.

What it is worth Healthy

€ 6,208

▼ 39% vs 2024

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

Loss Caution

€ -3,913

▲ 36 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 8,810

▼ 81% 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 € 1,708.

Debts at end 2025

Bank debt

None

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

Owed to suppliers

€ 158

▼ € 34,023 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	€ 11,038 Gross margin 2022: € 11,038 First fiscal year in the series	€ 5,588 Gross margin 2023: € 5,588 ▼ 49% vs 2022 (€ 11,038) Unfavourable step	€ -5,507 Gross margin 2024: € -5,507 ▼ € 11,095 vs 2023 (€ 5,588) Unfavourable step	€ -3,040 Gross margin 2025: € -3,040 ▲ € 2,468 vs 2024 (€ -5,507) Favourable step	▲ € 2,468
Profit after taxes	€ 7,819 Profit after taxes 2022: € 7,819 First fiscal year in the series	€ 3,900 Profit after taxes 2023: € 3,900 ▼ 50% vs 2022 (€ 7,819) Unfavourable step	€ -6,099 Profit after taxes 2024: € -6,099 ▼ € 9,998 vs 2023 (€ 3,900) Unfavourable step	€ -3,913 Profit after taxes 2025: € -3,913 ▲ € 2,186 vs 2024 (€ -6,099) Favourable step	▲ € 2,186
Equity	€ 12,319 Equity 2022: € 12,319 First fiscal year in the series	€ 16,219 Equity 2023: € 16,219 ▲ 32% vs 2022 (€ 12,319) Favourable step	€ 10,121 Equity 2024: € 10,121 ▼ 38% vs 2023 (€ 16,219) Unfavourable step	€ 6,208 Equity 2025: € 6,208 ▼ 39% vs 2024 (€ 10,121) Unfavourable step	▼ 39%
Total debts	€ 4,150 Total debts 2022: € 4,150 First fiscal year in the series	€ 27,163 Total debts 2023: € 27,163 ▲ € 23,013 vs 2022 (€ 4,150) Unfavourable step	€ 35,740 Total debts 2024: € 35,740 ▲ 32% vs 2023 (€ 27,163) Unfavourable step	€ 2,755 Total debts 2025: € 2,755 ▼ 92% vs 2024 (€ 35,740) Favourable step	▼ 92%
Cash	€ 12,808 Cash 2022: € 12,808 First fiscal year in the series	€ 14,544 Cash 2023: € 14,544 ▲ 14% vs 2022 (€ 12,808) Favourable step	€ 45,196 Cash 2024: € 45,196 ▲ 211% vs 2023 (€ 14,544) Favourable step	€ 8,810 Cash 2025: € 8,810 ▼ 81% vs 2024 (€ 45,196) Unfavourable step	▼ 81%
Retained profit	€ 7,819 Retained profit 2022: € 7,819 First fiscal year in the series	€ 11,719 Retained profit 2023: € 11,719 ▲ 50% vs 2022 (€ 7,819) Favourable step	€ 5,621 Retained profit 2024: € 5,621 ▼ 52% vs 2023 (€ 11,719) Unfavourable step	€ 1,708 Retained profit 2025: € 1,708 ▼ 70% vs 2024 (€ 5,621) Unfavourable step	▼ 70%
Balance sheet total	€ 16,469 Balance sheet total 2022: € 16,469 First fiscal year in the series	€ 43,382 Balance sheet total 2023: € 43,382 ▲ 163% vs 2022 (€ 16,469) Unchanged	€ 45,861 Balance sheet total 2024: € 45,861 ▲ 6% vs 2023 (€ 43,382) Unchanged	€ 8,963 Balance sheet total 2025: € 8,963 ▼ 80% vs 2024 (€ 45,861) Unchanged	▼ 80%

Key figures of Propellant, 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 Propellant?

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

Jun 22, 2026 New annual accounts for financial year 2025: loss of € 3,913. Source: NBB ↗
Apr 22, 2021 New establishment in Gent. KBO
2021 Krondorsoft BV became a director. NBB
Apr 22, 2021 Start of the company according to the CBE. KBO

In short

From € 7,819 profit in 2022 to € 3,913 loss in 2025.

Paid € 2,956 in corporate taxes since 2022.

Best year ever: 2022, with € 7,819 profit.

Original PDFs at the National Bank ↗

Management

Krondorsoft BV

Propellant

Behind Propellant is Krondorsoft BV.

Directors

According to the 2025 annual accounts

Krondorsoft BV

Director · represented by Kasper Janssens

since 2021

Establishments

Establishment units

Physical locations of this company

Registered office

De Pintelaan 89

9000 Gent

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 →

KRONDORSOFT same network

€ 157,064 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

0767.397.088

VAT number

BE 0767.397.088

Registered office

De Pintelaan 89, 9000 Gent

Names & denominations

Propellant

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

22 April 2021

Peppol

Active · Active since 26 Dec 2024

Activities · NACE

Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten

Computerconsultancy-activiteiten

View on CBE Public ↗ Annual accounts (NBB) ↗

Propellant

Warning lights

Financials

What happened to Propellant?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions