ACTIVE

PROPA

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Financial year 2025 · closed on 30/06/2025
Net result
31 k €
+27.4% YoY
Gross margin
222,7 k €
+11.1% YoY
Equity
51,7 k €
+26.9% YoY

What does PROPA do?

PROPA is a Private limited company incorporated in 2005. Its main activity is: Advertising agencies. Its registered office is in Ixelles.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0873.293.869
Incorporation
19/04/2005
Legal form
Private limited company
Registered office
Rue César Franck 23
1050 Ixelles · BruxellesSee on map
Contributed capital
18 600,00 €
Latest accounts
30/06/2025
Activities (NACE)
73110Advertising agencies· main73110Advertising agencies90021Support activities to performing arts90391Creative, arts and entertainment activities
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201620152014201320122011201020082007
Income statement
Gross margin222,7 k €200,4 k €190,6 k €100,1 k €75 k €137,1 k €172,2 k €153,4 k €145,1 k €132,9 k €56,4 k €68,1 k €-7,3 k €-8,5 k €34 €2,5 k €764 €3,8 k €
EBITDA79 k €67,1 k €62,4 k €17,7 k €22,8 k €46,4 k €33,1 k €21,4 k €25,1 k €23,4 k €10,1 k €58 k €-8,4 k €-9,1 k €-55 €2,5 k €-2,4 k €3,1 k €
Operating result48,7 k €43,6 k €45,6 k €-5,1 k €-7 k €9,3 k €-1,9 k €-13,7 k €3 k €8,6 k €2,3 k €52,5 k €-13,9 k €-13,6 k €-55 €2,5 k €-4,2 k €1,3 k €
Net result31 k €24,3 k €36,9 k €-9,6 k €-8,1 k €5,1 k €-12,4 k €-18,6 k €1,1 k €7,5 k €666 €40,3 k €-13,7 k €-13,7 k €-106 €3,4 k €-5,2 k €1 k €
Balance sheet
Equity51,7 k €40,8 k €16,5 k €-20,4 k €-10,8 k €-2,7 k €-7,8 k €4,7 k €23,3 k €22,2 k €14,7 k €14 k €-26,3 k €-12,5 k €155 €-11,1 k €-11,5 k €-6,3 k €
Total assets184,5 k €335,7 k €319,9 k €253,6 k €251,2 k €285,5 k €336,1 k €344,7 k €165,1 k €108,4 k €75,8 k €72,3 k €38,5 k €102,3 k €462 €129 €6,4 k €15,5 k €
Cash59,7 k €22,8 k €10 k €20 k €22,7 k €24,5 k €–1,4 k €17,6 k €9,1 k €15,6 k €8,5 k €10,3 k €17,5 k €462 €129 €707 €741 €
Debts132,8 k €294,9 k €303,4 k €274 k €262 k €288,2 k €343,9 k €340,1 k €141,8 k €86,1 k €57,3 k €57,9 k €64,8 k €114,9 k €307 €11,3 k €17,9 k €21,8 k €
Other
Workforce–––––––––3,6 ETP––––––––
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 7 ended

Active mandates

ROMAN ANDRES CIECHANOW

Mandate

Active

Ended mandates

Roman Andres Ciechanow

Manager · since 07 décembre 2012

Ended
ANDRE CIECHANOW

Manager · since 28 décembre 2011

Ended
André Ciechanov

Manager

Ended
PAUL BORREMANS

Manager · until 28 décembre 2011

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/12/202531/01/202502/02/202422/02/202311/02/202225/02/2021
General meeting28/11/202522/11/202424/11/202325/11/202226/11/202127/11/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/202528/11/202528/12/2025FrenchPDF
Micro model30/06/202422/11/202431/01/2025FrenchPDF
Micro model30/06/202324/11/202302/02/2024FrenchPDF
Micro model30/06/202225/11/202222/02/2023FrenchPDF
Micro model30/06/202126/11/202111/02/2022FrenchPDF
Micro model30/06/202027/11/202025/02/2021FrenchPDF
Micro model30/06/201922/11/201912/02/2020FrenchPDF
Micro model30/06/201823/11/201819/02/2019FrenchPDF
Micro model30/06/201724/11/201725/01/2018FrenchPDF
Abridged model30/06/201625/11/201607/12/2016FrenchPDF
Abridged model30/06/201527/11/201510/12/2015FrenchPDF
Abridged model30/06/201428/11/201418/12/2014FrenchPDF
Abridged model30/06/201322/11/201331/03/2014FrenchPDF
Abridged model30/06/201227/02/201328/02/2013FrenchPDF
Abridged model30/06/201125/07/201129/07/2011FrenchPDF
Abridged model30/06/201015/07/201004/08/2010FrenchPDF
Abridged model30/06/200825/11/200805/12/2008FrenchPDF
Abridged model30/06/200730/11/200729/01/2008FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 7 ended

Active mandates

ROMAN ANDRES CIECHANOW

Mandate

Active

Ended mandates

Roman Andres Ciechanow

Manager · since 07 décembre 2012

Ended
ANDRE CIECHANOW

Manager · since 28 décembre 2011

Ended
André Ciechanov

Manager

Ended
PAUL BORREMANS

Manager · until 28 décembre 2011

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates31/03/2020
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Other04/07/2016
    OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Registered office21/05/2015
    SIEGE SOCIAL
    PDF
  • Registered office27/12/2012
    SIEGE SOCIAL
    PDF
  • Mandates10/01/2012
    DENOMINATION - SIEGE SOCIAL - OBJET - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Registered office28/09/2006
    SIEGE SOCIAL
    PDF
  • Mandates26/01/2006
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Other27/04/2005
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202531 k €↑
  2. 2024
    Annual accounts 202424,3 k €↓
  3. 2023
    Annual accounts 202336,9 k €↑
  4. 2022
    Annual accounts 2022-9,6 k €↓
  5. 2021
    Annual accounts 2021-8,1 k €↓
  6. 2020
    Annual accounts 20205,1 k €↑
  7. 2019
    Annual accounts 2019-12,4 k €↑
  8. 2018
    Annual accounts 2018-18,6 k €↓
  9. 2017
    Annual accounts 20171,1 k €↓
  10. 2016
    Annual accounts 20167,5 k €↑
  11. 2015
    Annual accounts 2015666 €↓
  12. 2014
    Annual accounts 201440,3 k €↑
  13. 2013
    Annual accounts 2013-13,7 k €↓
  14. 2012
    Annual accounts 2012-13,7 k €↓
  15. 2011
    Annual accounts 2011-106 €↓
  16. 2010
    Annual accounts 20103,4 k €↑
  17. 2008
    Annual accounts 2008-5,2 k €↓
  18. 2007
    Annual accounts 20071 k €
  19. 19/04/2005
    IncorporationPrivate limited company