Financials
- Financial year
- 2025
- Total assets
- €469,659
- Profit
- €55,125
- Solvency
- 77.9%
Total assets▲ 18.9%
Net result
20192025
AB Pipe Welding
ActiveSummary
AB Pipe Welding has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €365,775 and a net result of €55,125. Equity is growing by about 24% per year across the filed financial years. Its solvency ranks better than 87% of 1,247 sector peers (NACE 42, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Civil engineering
NACE 42219
1 site
Size
€469,659total assets 2025
- Equity
- €365,775
- Profit
- €55,125
Turnover not published (micro format)
Structure
Accounts 3 days early0 of 1 deed read
Why 96raises riskSector: Civil engineering (NACE 42)lowers riskLiquidity: current ratio 2.88, cash €130,356Equity €365,775 (77.9% of total assets)Figures for financial year 2025 (filed 30-01-2026)Show the evidence
Checked score
Score 2025
96
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 74% of its sector peers (NACE 42, micro)
Financial strength · tick = 2024
Strong
Solvency
100=
equity 77.9% of total assets
Liquidity
79+7
short-term debt 19.3% · cash 27.8%
Profitability
83+3
return on assets 11.7%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.5%
12-2024: 0.5%● unchanged vs 11-2024
01-2025: 0.6%▲ +0.1 percentage points vs 12-2024highest value
02-2025: 0.2%▼ -0.4 percentage points vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.3%▲ +0.1 percentage points vs 12-2025
02-2026: 0.1%▼ -0.2 percentage points vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.88, compared with 4.64 in 2024, above the usual 1.5; short-term debt: 19.3% and cash: 27.8% of total assets), and 22.1% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 42, micro): better than 92% on solvency, 80% on liquidity, 63% on profitability and 62% on growth.
The bankruptcy probability was computed on 23-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-01-2026, 3 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
3 days early
2024
on the day
2023
27 days late
2022
5 days early
2021
5 days early
2020
19 days late
2019
1 day early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 5 days after the deadline; the sector median (NACE 42) for financial year 2024 is 2 days before the deadline, and 41% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 28 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end24-10-2026 today31-01-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Weakest financial yearnet €34,225 ▼31.2%
Key points
By topic
Timeline
- Events
- 12
- Since
- 2020
- Next accounts
- by 31-01-2027
- 27-02-2024Annual accounts filed
- 26-01-2023Annual accounts filed
- 30-06-2022Equity above €200,000
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Civil engineeringNACE 42219
- Founded
- 03-07-2018
- Year ends
- 30-06
- Peppol
- Reachable for e-invoices
Key facts about AB Pipe Welding
- What is the company number of AB Pipe Welding?
- 0699.535.393. In Belgium the VAT number is the company number with BE in front: BE 0699.535.393.
- Where is AB Pipe Welding based?
- The registered office is at Poperingseweg 295, 8908 Ieper.Company details
- What does AB Pipe Welding do?
- According to the KBO register, the main activity is civil engineering (NACE 42219).
- What is the legal form of AB Pipe Welding?
- Private limited company (BV).
- When was AB Pipe Welding founded?
- On 03-07-2018.
- Is AB Pipe Welding still active?
- Yes, AB Pipe Welding is an active enterprise in the KBO register.
- What is the turnover of AB Pipe Welding?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is AB Pipe Welding profitable?
- In financial year 2025, AB Pipe Welding made a profit of €55,125.
- Where can I find the annual accounts of AB Pipe Welding?
- AB Pipe Welding filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of AB Pipe Welding due?
- By 31-01-2027, for financial year 2026.Timeline
Companies related to AB Pipe Welding
Comparable companies
- ALTAÏSOnhaye
- STWommelgem
- NORMACALORChaudfontaine
- Curo PomptechniekKinrooi
- A.NICOLAISSint-Agatha-Berchem
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.