Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Propar from Knokke-Heist, company number BE0777284754, closed financial year 2025 with a result of € 247,043 after tax. For that financial year Propar recorded a gross margin of € 92,084 and equity of € 858,788. Compared with financial year 2024, the result moved from € 29,391 to € 247,043. Profitable, and profit is growing. 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 March 9, 2026.
€ 858,788
▲ 34% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 247,043
▲ € 217,652 vs 2024
Profit after tax over the fiscal year.
€ 3,132
▼ 91% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 30,000 paid out
12 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 37,181
▼ 21% vs 2024
Of which on lease € 37,181.
Debts at end 2025
€ 868,915
▼ 13% vs 2024
€ 142,982 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 3,267
▼ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,648
▼ 51% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 15,150 | € 36,243 | € 62,081 | € 92,084 | ▲ 48% |
| Profit after taxes | € -4,496 | € 416,850 | € 29,391 | € 247,043 | ▲ € 217,652 |
| Equity | € 195,504 | € 612,354 | € 641,745 | € 858,788 | ▲ 34% |
| Total debts | € 1,482,357 | € 1,091,822 | € 1,106,146 | € 887,331 | ▼ 20% |
| Cash | € 27,861 | € 40,060 | € 33,766 | € 3,132 | ▼ 91% |
| Retained profit | € -4,496 | € 412,354 | € 441,745 | € 658,788 | ▲ 49% |
| Dividend | € 0 | € 0 | € 0 | € 30,000 | |
| Bank debt | € 1,463,711 | € 1,068,570 | € 997,029 | € 868,915 | ▼ 13% |
| Balance sheet total | € 1,677,861 | € 1,704,176 | € 1,747,891 | € 1,746,119 |
Key figures of Propar, 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 Propar?
What happened at Propar in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 247,043 (▲ € 217,652 vs 2024). filed late Source: NBB ↗
- New establishment in Knokke-Heist. KBO
- Geert Van Loocke became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 4,496 loss in 2022 to € 247,043 profit in 2025.
Paid € 22,647 in corporate taxes since 2022.
Best year ever: 2023, with € 416,850 profit.
Paid out € 30,000 in dividends to the owners in total.
A new publication or filing at Propar? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Propar is Geert Van Loocke. It owns 100% of CSP Engineering itself.
Directors
According to the 2025 annual accounts
since 2021
Establishments
Establishment units
Physical locations of this company
Onderwijsstraat 138
8301 Knokke-Heist
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0777.284.754
- VAT number
- BE 0777.284.754
- Registered office
- Onderwijsstraat 138, 8301 Knokke-Heist
- Names & denominations
- Propar
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 November 2021
- Peppol
- Active · Active since 7 Mar 2026
- Activities · NACE
Activiteiten van holdings
Holdings
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Activiteiten van hoofdkantoren
Overige zakelijke dienstverlening, neg
Activiteiten van adviesbureaus op het gebied van public relations en communicatie
Diverse administratieve activiteiten ten behoeve van kantoren
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