PROPULSION SYSTEMS (Private limited company)
PROPULSION SYSTEMS is a Belgian company registered with the Crossroads Bank for Enterprises under enterprise number 0478.198.221. It was founded on 23-08-2002. Its registered office is in Molenbeek-Saint-Jean. Its main activity is: Wholesale trade. Its annual accounts for 2025 report equity of € 3 519 837 and a loss of € 775 448. These accounts report 29.5 full-time equivalents. Addrly gives it a financial health grade of B, on a scale from A (safest) to E (most at risk). It filed its annual accounts within the legal deadline for 3 of its last 4 financial years.
Information last updated on 09-10-2026.
Company information
Key figures of PROPULSION SYSTEMS
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
Profit / lossiWhat the period earned after taxes. A negative amount is a loss. | € -775 448+36 % | € -1 215 390+42 % | € -2 082 835 | € 597 003 |
EquityiWhat belongs to the shareholders: capital contributed, reserves and profits kept in the company. | € 3 519 837-18 % | € 4 295 284-22 % | € 5 510 674-27 % | € 7 593 509 |
Total assetsiEverything the company owns. Equal to total equity and liabilities, which says how it is financed. | € 9 243 046-13 % | € 10 674 418-11 % | € 12 053 090-12 % | € 13 688 172 |
Gross marginiSales and other operating income, minus purchases of goods and services. What is left to pay the staff and everything else. | € 3 649 398 | - | - | - |
Employees (FTE)iAverage number of workers over the period, in full-time equivalents. | 29.5-10 % | 32.6-12 % | 37-12 % | 42 |
Financial estimate
Similar companies
Other companies in the same activity in Molenbeek-Saint-Jean.
| Company | Town |
|---|---|
| HAPPY HOURS MARKET | 1080 Molenbeek-Saint-Jean |
| Godaert en Vanbeneden | 1080 Molenbeek-Saint-Jean |
| Etablissements Mabille | 1080 Molenbeek-Saint-Jean |
| KARIM EXPORT | 1080 Molenbeek-Saint-Jean |
| Bureau voor Informatie, Organisatie en Service | 1080 Molenbeek-Saint-Jean |
| ANCIENS ETABLISSEMENTS RENE WATTEAU | 1080 Molenbeek-Saint-Jean |
| CHEAITANI EXPORT | 1080 Molenbeek-Saint-Jean |
| ETABLISSEMENTS VERBOONEN | 1080 Molenbeek-Saint-Jean |
Frequently asked questions
Is PROPULSION SYSTEMS still active? Yes. The Crossroads Bank for Enterprises lists PROPULSION SYSTEMS as active.
What is the VAT number of PROPULSION SYSTEMS? The VAT number of PROPULSION SYSTEMS is BE 0478.198.221.
When was PROPULSION SYSTEMS founded? PROPULSION SYSTEMS was founded on 23-08-2002.
What is the address of PROPULSION SYSTEMS? The current registered office of PROPULSION SYSTEMS is Rue Alfred Dubois 25, 1080 Molenbeek-Saint-Jean.
When did PROPULSION SYSTEMS last file annual accounts? The latest annual accounts of PROPULSION SYSTEMS were filed on 31-08-2026.
Does PROPULSION SYSTEMS file its annual accounts on time? PROPULSION SYSTEMS filed its annual accounts within the legal deadline for 3 of its last 4 financial years. Late: 2025.
How many employees does PROPULSION SYSTEMS have? PROPULSION SYSTEMS employs 29.5 full-time equivalents according to its most recent annual accounts.
Is PROPULSION SYSTEMS financially healthy? Addrly gives PROPULSION SYSTEMS a financial health grade of B, on a scale from A (safest) to E (most at risk). The failure probability and the indicators behind it are visible with a free account.
Is PROPULSION SYSTEMS profitable? The annual accounts of PROPULSION SYSTEMS for 2025 show a loss of € 775 448.
What is the equity of PROPULSION SYSTEMS? The equity of PROPULSION SYSTEMS was € 3 519 837 at the close of the 2025 financial year.
Who are the directors of PROPULSION SYSTEMS? The annual accounts of PROPULSION SYSTEMS record 4 mandates. The names, roles and dates are visible with a free account.
Can PROPULSION SYSTEMS receive Peppol e-invoices? Yes. PROPULSION SYSTEMS is registered on the Peppol network and can receive structured electronic invoices.
What does PROPULSION SYSTEMS do? The main activity of PROPULSION SYSTEMS is: Wholesale trade.