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BSI Pipe Systems

Active
Public limited companyfounded 200718 yrs activeRue George Stephenson 25, 7180 Seneffe, BelgiumKBO/BCE: BE 0892.546.191
Summary

BSI Pipe Systems has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.2m and a net result of -€427,692. Equity is growing by ~13.4% per year across the filed fiscal years. Its solvency ranks better than 62% of 448 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability28▼-30
Solvency79▼-21
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €310,000 at 30 days acceptable
Liquidity ample (current ratio 2.12; short-term debt: 18.9% and cash: 0.9% of total assets), and 45.6% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Rental and leasing activities (NACE 77)
about 44% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 18 years 0 20 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
54.4%
Return on assets
-4.5%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
23 d early
2024
22 d early
2023
15 d early
2022
31 d early
2021
51 d early
2020
17 d early
2019
4 d 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 23 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 8 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

BSI Pipe Systems was incorporated on 4 October 2007.1 The registered office was moved to Seneffe in 2020.2 The name was changed to BSI Pipe Systems in 2024.3 In 2025 the capital was increased 2 times, most recently to EUR 6.1 million.45 The board currently has 7 members; BREMHOVE has served longest, since 2018.6

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 05-05-2020
  3. 3Belgian State Gazette, 22-11-2024
  4. 4Belgian State Gazette, 24-07-2025
  5. 5Belgian State Gazette, 29-12-2025
  6. 6Belgian State Gazette, 28-12-2023

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Financials · fiscal year 2025, full schema

Turnover
€6.0m
EBIT margin
-4.9%
Net result
-€427,692
2024 · €127,504
Working capital
€2.0m▲ 38.1%
2023 · €1.5m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€6.0m
Operating result€74,740▼ 23.7%€160,263▲ 114%€159,724▼ 0.3%€74,795▼ 53.2%-€295,416
Net result€82,678within the sector's middle half▼ 19.0%€171,953within the sector's middle half▲ 108%€202,324within the sector's middle half▲ 17.7%€127,504within the sector's middle half▼ 37.0%-€427,692below the sector's middle half
EBIT margin-4.9%
Equity€1.1mwithin the sector's middle half▲ 8.2%€1.3mwithin the sector's middle half▲ 15.8%€1.5mwithin the sector's middle half▲ 16.1%€1.6mwithin the sector's middle half▲ 8.7%€5.2mabove the sector's middle half▲ 227%
Total assets€1.1mwithin the sector's middle half▲ 7.8%€1.3mwithin the sector's middle half▲ 15.7%€1.5mwithin the sector's middle half▲ 16.1%€1.6mwithin the sector's middle half▲ 8.4%€9.6mwithin the sector's middle half▲ 501%
Debt€3,151▼ 52.3%€2,905▼ 7.8%€3,662▲ 26.1%€4.4m
Working capital€1.1mabove the sector's middle half▲ 8.2%€1.3mabove the sector's middle half▲ 15.8%€1.5mabove the sector's middle half▲ 16.1%€2.0mabove the sector's middle half
Solvency99.7%above the sector's middle half▲ 0.4pp99.8%above the sector's middle half▲ 0.1pp99.8%above the sector's middle half=100.0%above the sector's middle half▲ 0.2pp54.4%within the sector's middle half▼ 45.6pp
Current ratio2.12within the sector's middle half
Return on assets (ROA)7.6%within the sector's middle half▼ 2.5pp13.6%above the sector's middle half▲ 6.0pp13.8%above the sector's middle half▲ 0.2pp8.0%within the sector's middle half▼ 5.8pp-4.5%below the sector's middle half▼ 12.5pp
Staff (FTE)14.2within the sector's middle half
above within below the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
  • 2025 Equity +227%, Total assets +501% on 2024. Branch of activity received from B.S.I., effective 17-09-2025. Capital increase of €4,034,302 (Official Gazette 29-12-2025).
Result per fiscal year
Operating resultNet result
-€600,000-€400,000-€200,000€0€200,000Operating result 2021: €74,740€74,740Net result 2021: €82,678€82,678Operating result 2022: €160,263€160,263Net result 2022: €171,953€171,953Operating result 2023: €159,724€159,724Net result 2023: €202,324€202,324Operating result 2024: €74,795€74,795Net result 2024: €127,504€127,504Operating result 2025: -€295,416-€295,416Net result 2025: -€427,692-€427,69220212022202320242025-€600,000-€400,000-€200,000€0€200,000Operating result 2023: €159,724€160,000Net result 2023: €202,324€202,000Operating result 2024: €74,795€74,800Net result 2024: €127,504€128,000Operating result 2025: -€295,416-€295,000Net result 2025: -€427,692-€428,000202320242025
The operating result turns negative in 2025: a loss of €295,416 after €74,795 in 2024, the lowest result in the available series.
Balance-sheet composition
Assets €9.6m
Fixed assets €5.7m
Current assets €3.8m
Equity and liabilities €9.6m
Equity €5.2m
Debt €4.4m
Debt finances 45.6% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
EBITDA
€113,421
Cash flow
-€18,855
Quick ratio
0.52
Debt to equity
0.84
ROE
-8.2%▼
2024 · 8.0%
Interest coverage
1.78
Debt ≤ 1 year
€1.8m
Debt > 1 year
€2.6m
Staff costs
€943,794
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,687 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 94% are still going.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss
0.6% went bankrupt
5.4% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,687 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 68 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.6m€9.6m▲
Fixed assets21/28-€5.7m
Intangible fixed assets21-€4,237
Tangible fixed assets22/27-€5.7m
Land and buildings22-€19,000
Plant, machinery and equipment23-€1.8m
Furniture and vehicles24-€235,117
Leasing and similar rights25-€3.6m
Financial fixed assets28-€649
Other financial fixed assets284/8-€649
Amounts receivable and cash guarantees285/8-€649
Current assets29/58€1.6m€3.8m▲
Amounts receivable after more than one year29€1.4m-
Other amounts receivable291€1.4m-
Stocks and contracts in progress3-€2.9m
Stocks30/36-€2.9m
Raw materials and consumables30/31-€1.4m
Finished goods33-€1.4m
Goods purchased for resale34-€95,920
Amounts receivable within one year40/41€187,499€791,801▲
Trade receivables40€187,499€783,799▲
Other amounts receivable41-€8,002
Cash at bank and in hand54/58€47,020€83,981▲
Deferred charges and accrued income490/1-€59,003
Equity and liabilities
Total equity and liabilities10/49€1.6m€9.6m▲
Equity10/15€1.6m€5.2m▲
Contributions10/11€2.1m€6.1m▲
Capital10€2.1m€6.1m▲
Issued capital100€2.1m€6.1m▲
Profit (loss) carried forward14-€472,334-€900,026▼
Amounts payable17/49-€4.4m
Amounts payable after more than one year17-€2.6m
Financial debts170/4-€2.6m
Leasing and similar obligations172-€2.6m
Amounts payable within one year42/48-€1.8m
Current portion of amounts payable after more than one year42-€716,445
Trade debts44-€908,507
Suppliers440/4-€908,507
Taxes, remuneration and social security45-€178,753
Taxes450/3-€96,976
Remuneration and social security454/9-€81,778
Income statement Code20242025
Operating income70/76A-€5.8m
Turnover70-€6.0m
Change in stocks of work in progress, finished goods and contracts in progress71--€208,488
Other operating income74-€9,884
Operating charges60/66A-€6.1m
Goods for resale, raw materials and consumables60-€3.5m
Purchases600/8-€3.4m
Change in stocks: decrease (increase)609-€79,819
Services and other goods61-€1.2m
Remuneration, social security and pensions62-€943,794
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€408,837
Other operating charges640/8€1,368€9,488▲
Gross operating margin9900€76,163-
Operating profit (loss)9901€74,795-€295,416▼
Financial income75/76B€52,880€21,790▼
Recurring financial income75€52,880€21,790▼
Income from current assets751-€21,790
Financial charges65/66B€171€154,066▲
Recurring financial charges65€171€154,066▲
Debt charges650-€63,720
Other financial charges652/9-€90,346
Profit (loss) for the period before taxes9903€127,504-€427,692▼
Profit (loss) for the period9904€127,504-€427,692▼
Profit (loss) for the period to be appropriated9905€127,504-€427,692▼
Appropriation of the result
Profit (loss) to be appropriated9906-€472,334-€900,026▼
Profit (loss) brought forward from the previous period14P-€599,838-€472,334▲
Social balance
Average headcount (FTE)9087-14.2

The notes to these accounts (62 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A----€5.8m-
Turnover70----€6.0m-
Change in stocks of work in progress, finished goods and contracts in progress71-----€208,488-
Other operating income74----€9,884-
Operating charges60/66A----€6.1m-
Goods for resale, raw materials and consumables60----€3.5m-
Purchases600/8----€3.4m-
Change in stocks: decrease (increase)609----€79,819-
Services and other goods61----€1.2m-
Remuneration, social security and pensions62----€943,794-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630----€408,837-
Other operating charges640/8€868€1,168€1,660€1,368€9,488▲ 594%
Gross operating margin9900€75,608€161,430€161,384€76,163--
Operating profit (loss)9901€74,740€160,263€159,724€74,795-€295,416▼ 495%
Financial income75/76B€8,090€11,840€42,750€52,880€21,790▼ 58.8%
Recurring financial income75€8,090€11,840€42,750€52,880€21,790▼ 58.8%
Income from current assets751----€21,790-
Financial charges65/66B€152€150€150€171€154,066▲ 89,808%
Recurring financial charges65€152€150€150€171€154,066▲ 89,808%
Debt charges650----€63,720-
Other financial charges652/9----€90,346-
Profit (loss) for the period before taxes9903€82,678€171,953€202,324€127,504-€427,692▼ 435%
Profit (loss) for the period9904€82,678€171,953€202,324€127,504-€427,692▼ 435%
Profit (loss) for the period to be appropriated9905€82,678€171,953€202,324€127,504-€427,692▼ 435%
Line20212022202320242025Change
Assets
Total assets20/58€1.1m€1.3m€1.5m€1.6m€9.6m▲ 501%
Fixed assets21/28--€0-€5.7m-
Intangible fixed assets21--€0-€4,237-
Tangible fixed assets22/27--€0-€5.7m-
Land and buildings22----€19,000-
Plant, machinery and equipment23--€0-€1.8m-
Furniture and vehicles24----€235,117-
Leasing and similar rights25----€3.6m-
Financial fixed assets28----€649-
Other financial fixed assets284/8----€649-
Amounts receivable and cash guarantees285/8----€649-
Current assets29/58€1.1m€1.3m€1.5m€1.6m€3.8m▲ 140%
Amounts receivable after more than one year29€841,826€1.0m€1.3m€1.4m--
Other amounts receivable291€841,826€1.0m€1.3m€1.4m--
Stocks and contracts in progress3----€2.9m-
Stocks30/36----€2.9m-
Raw materials and consumables30/31----€1.4m-
Finished goods33----€1.4m-
Goods purchased for resale34----€95,920-
Amounts receivable within one year40/41€208,945€200,855€143,178€187,499€791,801▲ 322%
Trade receivables40€208,945€200,855€143,178€187,499€783,799▲ 318%
Other amounts receivable41----€8,002-
Cash at bank and in hand54/58€40,265€49,491€10,250€47,020€83,981▲ 78.6%
Deferred charges and accrued income490/1-€11,840--€59,003-
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.3m€1.5m€1.6m€9.6m▲ 501%
Equity10/15€1.1m€1.3m€1.5m€1.6m€5.2m▲ 227%
Contributions10/11€2.1m€2.1m€2.1m€2.1m€6.1m▲ 196%
Capital10€2.1m€2.1m€2.1m€2.1m€6.1m▲ 196%
Issued capital100€2.1m€2.1m€2.1m€2.1m€6.1m▲ 196%
Profit (loss) carried forward14-€974,114-€802,162-€599,838-€472,334-€900,026▼ 90.5%
Amounts payable17/49€3,151€2,905€3,662-€4.4m-
Amounts payable after more than one year17----€2.6m-
Financial debts170/4----€2.6m-
Leasing and similar obligations172----€2.6m-
Amounts payable within one year42/48€3,151€2,905€3,662-€1.8m-
Current portion of amounts payable after more than one year42----€716,445-
Trade debts44€287-€757-€908,507-
Suppliers440/4€287-€757-€908,507-
Taxes, remuneration and social security45€2,864€2,905€2,905-€178,753-
Taxes450/3€2,864€2,905€2,905-€96,976-
Remuneration and social security454/9----€81,778-
Line20212022202320242025Change
Profit (loss) for the period9904€82,678€171,953€202,324€127,504-€427,692▼ 435%
+ Depreciation and write-downs630----€408,837-
Operating cash flow (approximation)€82,678€171,953€202,324€127,504-€18,855▼ 115%
Change in cash-€9,226-€39,241€36,771€36,961▲ 0.5%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
07-08
State Gazette act Appointment: SRL DPO Bedrijfsrevisoren (commissaire aux comptes)
Power of attorney3 facts ▸
  • General meeting, 06-02-2026
  • Auditor appointment, SRL DPO Bedrijfsrevisoren (commissaire aux comptes)
  • Power of attorney, Wouter Adriansens
08-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Weakest financial yearnet -€427,692
Net result drops to -€427,692, the lowest in the series.
31-12
Financial Equity above €5mEq €5.2m ▲227%
Equity rises from €1.6m to €5.2m.
29-12
State Gazette act Capital & shares · Restructuring
Appointment: Christiaan DEPOORTER (director) · Judicial annulment · Demerger7 facts ▸
  • General meeting, 03-12-2025
  • Judicial annulment, 02-07-2025
  • Demerger, 17-09-2025
  • Capital increase, €4.034.301,91
  • Share issue, 5233, 770,93 EUR
  • Accounting effect, 01-07-2025
  • Director appointment, Christiaan DEPOORTER (director)
24-10
State Gazette act Capital & shares · Purpose
Appointment: DPO BEDRIJFSREVISOREN (statutory auditor) · Demerger · Share issue8 facts ▸
  • Board meeting, 17-09-2025
  • Demerger, apport d'une branche d'activité
  • Share issue, 5233
  • Accounting effect, 01-07-2025
  • Auditor appointment, DPO BEDRIJFSREVISOREN
  • Board meeting, 02-07-2025
  • Demerger exclusion, créances des clients et dettes des fournisseurs
  • Financial arrangement, facturation des installations, machines et outillages transférés
24-07
State Gazette act Capital & shares
Appointment: Christiaan DEPOORTER (director) · Demerger · Capital increase8 facts ▸
  • General meeting, 02-07-2025
  • Demerger, 19-05-2025
  • Capital increase, €254.346,7
  • Share issue, 329, EUR
  • Accounting effect, 01-07-2025
  • Capital, €2.316.346,7
  • Director appointment, Christiaan DEPOORTER (director)
  • Share concentration, déclaration de la réunion de toutes les actions entre les mains d'une personne
09-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
28-05
State Gazette act Statutes amendment
Appointment: DPO BEDRIJFSREVISOREN (statutory auditor) · Demerger · Share issue7 facts ▸
  • Demerger, apport d'une branche d'activité
  • Share issue, 329
  • Accounting effect, 01-07-2025
  • Auditor appointment, DPO BEDRIJFSREVISOREN
  • Transfer exclusion, créances des clients et dettes des fournisseurs
  • Reservation of right, facturation de la différence entre le stock au 30/06/2025 et les factures à recevoir relatives aux installations, machines et outillages transférés
  • Transfer exclusion, contrats d'assurance, baux relatifs au site à Seneffe, ponts roulants, cabines électriques (HT et BT), chaudières gaz mazout, aérothermes, tous les éléments non…
2024
22-11
State Gazette act Purpose · Resignations & appointments
Name change · Purpose change · Power of attorney7 facts ▸
  • General meeting, 19-11-2024
  • Name change, BSI Pipe Systems
  • Purpose change, La société a pour objet, pour son compte ou pour compte d'autrui, en Belgique ou à l'étranger : - la fabrication de plaques, feuilles, tubes et/ou profilés en m…
  • Power of attorney, Jo Claeys
  • Power of attorney, Glynis Vergote de Lantsheere
  • Power of attorney, Ivan Van den Bulcke
  • Power of attorney, Wouter Adriansens
16-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
26-06
State Gazette act Capital & shares · Restructuring
Demerger · Power of attorney · Contribution in kind9 facts ▸
  • General meeting, 17-06-2024
  • Demerger, scission partielle par constitution, constatée
  • Power of attorney, Adriansens Wouter
  • Power of attorney, Ivan Van den Bulcke
  • Contribution in kind, 5.573.375,63 EUR
  • Share issue, 9.576.293 actions
  • Demerger proposal, 18-04-2024
  • Demerger proposal filing, 02-05-2024
  • Demerger proposal publication, 14-05-2024
Show earlier events
14-05
State Gazette act Restructuring · Miscellaneous
Appointment: DPO BEDRIJFSREVISOREN (statutory auditor) · Merger · Capital11 facts ▸
  • Board meeting, 18-04-2024
  • Merger, Transfert de la BU Hermelock, BU Dalan et BU Injection de la SA B.S.I. à la SA EJ IMCOMA
  • Merger, Transfert de la BU Imcoma de la SA IMCOMA à la SA EJ IMCOMA
  • Merger, Transfert des installations, machines et outillages de la SA HERMELOCK PETIT RECHAIN à la SA EJ IMCOMA
  • Capital, €883.198,03
  • Share issue, 1224896
  • Share issue, 1034526
  • Share issue, 7316871
  • Accounting effect, 01-01-2024
  • Auditor appointment, DPO BEDRIJFSREVISOREN
  • No cash consideration, sans soulte en espèces
05-01
State Gazette act Capital & shares
Declaration date1 fact ▸
  • Declaration date, 09-11-2023
2023
31-12
Financial Highest result since 2018net €202,324 ▲17.7%
Net result €202,324, the highest in the series.
28-12
State Gazette act Reappointments: BREMHOVE, IDE, Enzo Agnes Achiel and BONAMI, Jacky Ronald Celina
Appointment: BREMHOVE (administrateur déléguée) · Permanent representative: Ide Joris · Statutes amendment9 facts ▸
  • General meeting, 16-12-2023
  • Statutes amendment
  • Capital, €2.062.000
  • Director reappointment, BREMHOVE (director)
  • Director reappointment, IDE, Enzo Agnes Achiel (director)
  • Director reappointment, BONAMI, Jacky Ronald Celina (director)
  • Director appointment, BREMHOVE (administrateur déléguée)
  • Permanent representative, Ide Joris
  • Single shareholder declaration, toutes les actions sont dans les mains d'une unique personne morale
19-07
State Gazette act Reappointment: Bremhove nv (director)
Permanent representative: Joris Ide · Appointment: Bremhove nv (managing director) · Mandate compensation11 facts ▸
  • General meeting, 12-05-2023
  • Board meeting, 12-05-2023
  • Director reappointment, Bremhove nv (director)
  • Permanent representative, Joris Ide
  • Mandate compensation, Bremhove nv
  • Director appointment, Bremhove nv (managing director)
  • Power of attorney, Wouter Adriansens
  • Power of attorney, Kantoor Pieters-Dick & C° BV
  • Power of attorney, Wouter Adriansens
  • Power of attorney, Kantoor Pieters-Dick & C° BV
  • Mandate end, 18-11-2023
30-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
08-09
State Gazette act Appointments: Jacky Bonami (director) and Enzo Ide (director)
Resignations: Jacky Bonami (director) and Enzo Ide (director) · Mandate compensation · Power of attorney9 facts ▸
  • General meeting, 13-05-2022
  • Director appointment, Jacky Bonami (director)
  • Director appointment, Enzo Ide (director)
  • Mandate compensation, Jacky Bonami
  • Mandate compensation, Enzo Ide
  • Power of attorney, Wouter Adriansens
  • Power of attorney, Kantoor Pieters-Dick & C° BV
  • Director resignation, Jacky Bonami
  • Director resignation, Enzo Ide
10-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Liquidity doublescurrent ratio 346.29
Current ratio from 153.14 to 346.29; short-term debt falls from €6,607 to €3,151.
14-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Equity above €1mEq €1.0m ▲11.3%
3 profitable years in a row build equity to €1.0m.
27-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
05-05
State Gazette act Registered office
Registered-office move · Power of attorney4 facts ▸
  • Board meeting, 23-03-2020
  • Registered-office move, Rue Georges Stephenson 25, 7180 Seneffe
  • Power of attorney, Kantoor Pieters-Dick & CO BV
  • Power of attorney, Kathleen De Kuysscher
10-01
State Gazette act Resignation: NV Bremhove (director)
Reappointment: NV Bremhove (director) · Appointment: NV Bremhove (administrateur délégué, chargée de la gestion journalière) · Permanent representative: Joris Ide10 facts ▸
  • General meeting, 18-11-2019
  • Director resignation, NV Bremhove (director)
  • Director reappointment, NV Bremhove (director)
  • Mandate compensation, NV Bremhove
  • Board meeting, 18-11-2019
  • Director resignation, NV Bremhove (managing director)
  • Director appointment, NV Bremhove (administrateur délégué, chargée de la gestion journalière)
  • Permanent representative, Joris Ide
  • Power of attorney, Kantoor Pieters-Dick & C° BVBA
  • Power of attorney, Kathleen De Kuysscher
2019
31-12
Financial Liquidity quadruplescurrent ratio 3142.39
Current ratio from 820.44 to 3142.39; short-term debt falls from €928 to €288.
30-07
State Gazette act Resignation: Johan Claeys (director)
Director discharge2 facts ▸
  • Director resignation, Johan Claeys (director)
  • Director discharge, Johan Claeys (director)
03-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
11-02
State Gazette act Resignations: B.S.I. Belgium, Jacky Bonami and 2 others
Appointments: Enzo Ide, Jacky Bonami and 2 others · Permanent representative: Joris Ide · Mandate compensation17 facts ▸
  • General meeting, 20-12-2018
  • Director resignation, B.S.I. Belgium (director)
  • Director resignation, Jacky Bonami (director)
  • Director resignation, Enzo Ide (director)
  • Director resignation, Johan Claeys (director)
  • Director appointment, Enzo Ide (director)
  • Director appointment, Jacky Bonami (director)
  • Director appointment, Johan Claeys (director)
  • Director appointment, Bremhove (director)
  • Permanent representative, Joris Ide
  • Mandate compensation, HERMELOCK PETIT RECHAIN
  • Board meeting, 20-12-2018
  • +5 further facts in this act
2018
16-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
02-07
State Gazette act Purpose · Statutes amendment
Purpose change · Capital4 facts ▸
  • General meeting, 12-06-2018
  • Purpose change, L'objet social de la société est d'accomplir, tant en Belgique qu'à l'étranger, les activités suivantes, énumérées de manière indicative et non limitative: -tou…
  • Statutes amendment
  • Capital, €2.062.000
2017
24-07
State Gazette act Appointments: Enzo Ide (director) and Jacky Bonami (director)
Power of attorney5 facts ▸
  • General meeting, 29-06-2017
  • Director appointment, Enzo Ide (director)
  • Director appointment, Jacky Bonami (director)
  • Power of attorney, Kantoor Pieters-Dick & C° BVBA
  • Power of attorney, Kathleen De Kuysscher
24-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2015
20-02
State Gazette act Appointments: BSI BELGIUM SA (director) and Johan Claeys (director)
Permanent representative: Joris Ide · Mandate compensation7 facts ▸
  • General meeting, 24-10-2014
  • Director appointment, BSI BELGIUM SA (director)
  • Director appointment, Johan Claeys (director)
  • Mandate compensation, Johan Claeys
  • Board meeting, 24-10-2014
  • Director appointment, BSI BELGIUM SA (managing director)
  • Permanent representative, Joris Ide
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
19 of 19 acts read

Directors · office · real estate

Directors
7 directors, 2 in day-to-day management, no change since 2025

Board 7

BREMHOVE
Director · since 20-12-2018 · Public limited company · perm. rep.: Joris Ide
Current
NV BREMHOVE
Director · since 18-11-2019 · Legal entity · perm. rep.: Joris Ide
Current
Enzo Ide
Director · since 13-05-2022
Current
Jacky Bonami
Director · since 13-05-2022
Current
BONAMI, Jacky Ronald Celina
Director · since 16-12-2023
Current
IDE, Enzo Agnes Achiel
Director · since 16-12-2023
Current
Christiaan DEPOORTER
Director · since 02-07-2025
Current

Day-to-day management 2

BREMHOVE
Administrateur déléguée · since 20-12-2018 · Public limited company · perm. rep.: Joris Ide
Current
NV BREMHOVE
Managing director · since 18-11-2019 · Legal entity · perm. rep.: Joris Ide
Current

Permanent representatives 1

Joris Ide
Permanent representative · since 18-11-2019 · for NV BREMHOVE
Current

Statutory auditor 1

DPO BEDRIJFSREVISOREN
Auditor · since 02-05-2024
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Seneffe · 1 establishment unit since 2007
seat establishment The establishment unit on the map
Ground area
2.0 ha
Building footprint
1.0 ha
Parcel 52063F0183/00F000, Wallonia. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Rue George Stephenson 25, 7180 Seneffe
Manufacture of fabricated metal products, except machinery and equipment
since 20072.301.237.502
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
52063F0183/00F000 Wallonia 2.0 ha 1 · 1.0 ha -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

10 people since 2014, 8 in office
Show
  • Board
  • Day-to-day management
  • Statutory auditor
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Enzo Ide
  • Director, from 29-06-2017 to date
Jacky Bonami
  • Director, from 29-06-2017 to date
BREMHOVE
  • Director, from 20-12-2018 to date
  • Managing director, from 20-12-2018 to date
NV BREMHOVE
  • Director, already before 18-11-2019 to date
  • Managing director, until 18-11-2019
  • Administrateur délégué, chargée de la gestion journalière, from 18-11-2019 to date
BONAMI, Jacky Ronald Celina
  • Director, already before 16-12-2023 to date
IDE, Enzo Agnes Achiel
  • Director, already before 16-12-2023 to date
Christiaan DEPOORTER
  • Director, from 02-07-2025 to date
DPO BEDRIJFSREVISOREN
  • Auditor, from 02-05-2024 to date
Claeys Johan
  • Director, from 24-10-2014 to 19-07-2019
B.S.I. BELGIUM
  • Director, from 24-10-2014 to 20-12-2018
  • Managing director, from 24-10-2014 to 20-12-2018
See the board, name and seat on a given date →

Articles of association

Purpose
Toutes opérations immobilières et notamment la vente, l'achat, l'échange, la construction, la reconstruction, la démolition, la transformation et la location de tous immeubles et…
Full purpose

Toutes opérations immobilières et notamment la vente, l'achat, l'échange, la construction, la reconstruction, la démolition, la transformation et la location de tous immeubles et matériels ; l'achat, la vente, l'échange, la mise en valeur, le lotissement, l'exploitation, la location et l'affermage de tous terrains ; la gestion d'un patrimoine immobilier dans le sens le plus large ; toutes les opérations de vente et de location, sous toutes ses formes; l'établissement d'un commerce de gros en produits faits de matières synthétiques; la création d'un bureau de liaison; sur base des brevets qui sont la propriété de la Société ou dont la Société a l'usufruit, la société peut, au sens large, conclure des contrats de licence et/ou des contrats de collaboration avec d'autres sociétés, tant en Belgique qu' l'étranger, et recevoir des royalties de ces sociétés; la prise de participation directe ou indirecte dans toutes sociétés ou entreprises commerciales, industrielles, financières, mobilières et immobilières; l'achat, l'administration, la vente de toutes valeurs mobilières et immobilières, de tous droits sociaux et d'une manière générale toutes opérations de gestion du portefeuille ainsi constitué.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. B.S.I. 100%
  2. BSI Pipe Systems

Highest known parent: B.S.I.. The sources do not say who stands above it.

Owners 1

Holdings 0

The accounts to 31-12-2025 list no holdings, and no other source names one.

According to the 2025 annual accounts of BSI Pipe Systems and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

4 connected companies
Depth
This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
BUILDMAT
Shared corporate director
→
DESCHACHT PLASTICS BELGIUM
Shared corporate director
→
SOBAFER
Shared corporate director
→
→

Acquisitions and mergers

3 transactions
Received a branch of activity from:B.S.I.
BE 0893.134.725State Gazette act of 29-12-2025 (2 acts) · effective 17-09-2025
Received a branch of activity from:B.S.I.
proposal · State Gazette act of 24-10-2025 (2 acts)
Split off to:EJ IMCOMA
partial demerger · State Gazette act of 26-06-2024 (2 acts)

Capital and shareholders

Capital over the years
  1. 29-12-2025 Capital increase of 4,034,301.91 EUR · to 6,096,301.91 EUR · 5,233 new shares
  2. 24-07-2025 Capital increase of 254,346.70 EUR · to 2,316,346.70 EUR · 329 new shares
  3. 14-05-2024 Capital stated in the act · 883,198.03 EUR · 9,576,293 shares
  4. 28-12-2023 Capital stated in 2 acts · 2,062,000 EUR · 2,062 shares

Similar companies · same sector, comparable size

Of 1,188 companies in sector 77399 we hold annual accounts for 711. 265 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded04-10-2007
Fiscal year end31-12
Activities, NACEBEL 2025
22210Manufacture of rubber and plastic products
77399Renting and leasing of other machinery, equipment and tangible goods
E-invoicing
Reachable via Peppol
Peppol ID 0208:0892546191
Also 9925:BE0892546191
Registered 29-05-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.