DE PYPERE
InactiveInactive; last annual accounts for fiscal year 2025. Dissolved without liquidation on 01-01-2026.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · A punctual record breaks
This company filed 6 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-09-2026, 52 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
52 d late
2024
23 d early
2023
19 d early
2022
18 d early
2021
31 d early
2020
19 d early
2019
17 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 11 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€29,908▲ 62.1%
2024 · €18,446
Working capital
€766,837▲ 6.5%
2024 · €720,201
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€282,619▲ 10.7%€164,362▼ 41.8%€170,187▲ 3.5%€49,366▼ 71.0%€63,810▲ 29.3%
Net result€194,268▲ 17.4%€78,064▼ 59.8%€92,918▲ 19.0%€18,446▼ 80.1%€29,908▲ 62.1%
Equity€810,121▲ 31.5%€888,185▲ 9.6%€981,103▲ 10.5%€999,549▲ 1.9%€896,457▼ 10.3%
Total assets€1.9m▲ 11.4%€1.8m▼ 7.5%€1.7m▼ 3.4%€1.6m▼ 7.4%€1.4m▼ 13.3%
Debt€1.1m▲ 0.3%€904,432▼ 19.8%€750,747▼ 17.0%€603,816▼ 19.6%€494,115▼ 18.2%
Working capital€543,920▲ 41.3%€608,734▲ 11.9%€690,788▲ 13.5%€720,201▲ 4.3%€766,837▲ 6.5%
Staff (FTE)4.6▲ 4.5%4.8▲ 4.3%4.2▼ 12.5%4.9▲ 16.7%4.5▼ 8.2%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 29% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.4m
Fixed assets
€210,678 ▼ 44.5%
Current assets
€1.2m ▼ 3.6%
Equity and liabilities €1.4m
Equity
€896,457 ▼ 10.3%
Debt
€494,115 ▼ 18.2%
Debt's share of the balance-sheet total falls from 37.7% to 35.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€96,165▲
2024 · €85,976
Cash flow
€62,263▲
2024 · €55,056
Current ratio
2.86▲
2024 · 2.43
Quick ratio
0.83▲
2024 · 0.52
Debt to equity
0.55▼
2024 · 0.60
ROE
3.3%▲
2024 · 1.8%
ROA
2.2%▲
2024 · 1.2%
Interest coverage
3.44▲
2024 · 2.60
Debt ≤ 1 year
€413,058▼
2024 · €503,252
Debt > 1 year
€80,000▼
2024 · €100,000
Income taxes
€13,765▲
2024 · €4,562
Staff costs
€193,152▼
2024 · €207,528
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €190,870 | €196,978 | €161,103 | €207,528 | €193,152 | ▼ 6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €34,604 | €35,436 | €36,060 | €36,610 | €32,355 | ▼ 11.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | -€1,128 | €0 | €1,735 | €17,593 | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €0 | - | - | - | - |
| Other operating charges640/8 | €5,228 | €6,057 | €6,763 | €5,661 | €4,661 | ▼ 17.7% |
| Non-recurring operating charges66A | - | - | - | - | €7,680 | - |
| Gross operating margin9900 | €512,193 | €402,833 | €375,848 | €316,758 | €301,657 | ▼ 4.8% |
| Operating profit (loss)9901 | €282,619 | €164,362 | €170,187 | €49,366 | €63,810 | ▲ 29.3% |
| Financial income75/76B | €11,337 | €7,814 | €3,430 | €6,699 | €7,809 | ▲ 16.6% |
| Recurring financial income75 | €11,337 | €7,814 | €3,430 | €6,699 | €7,809 | ▲ 16.6% |
| Financial charges65/66B | €40,434 | €38,509 | €43,243 | €33,057 | €27,946 | ▼ 15.5% |
| Recurring financial charges65 | €40,434 | €38,509 | €43,243 | €33,057 | €27,946 | ▼ 15.5% |
| Profit (loss) for the period before taxes9903 | €253,522 | €133,666 | €130,373 | €23,008 | €43,673 | ▲ 89.8% |
| Income taxes67/77 | €59,253 | €55,602 | €37,456 | €4,562 | €13,765 | ▲ 202% |
| Profit (loss) for the period9904 | €194,268 | €78,064 | €92,918 | €18,446 | €29,908 | ▲ 62.1% |
| Transfer to tax-exempt reserves689 | - | - | €84,200 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €194,268 | €78,064 | €8,718 | €18,446 | €29,908 | ▲ 62.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.9m | €1.8m | €1.7m | €1.6m | €1.4m | ▼ 13.3% |
| Fixed assets21/28 | €441,410 | €421,342 | €412,165 | €379,912 | €210,678 | ▼ 44.5% |
| Tangible fixed assets22/27 | €441,410 | €421,342 | €412,165 | €379,912 | €210,678 | ▼ 44.5% |
| Land and buildings22 | €402,476 | €381,247 | €365,437 | €345,625 | €186,620 | ▼ 46.0% |
| Plant, machinery and equipment23 | €29,065 | €33,298 | €31,588 | €23,649 | €17,107 | ▼ 27.7% |
| Furniture and vehicles24 | €9,869 | €6,797 | €15,140 | €10,638 | €6,951 | ▼ 34.7% |
| Current assets29/58 | €1.5m | €1.4m | €1.3m | €1.2m | €1.2m | ▼ 3.6% |
| Stocks and contracts in progress3 | €1.1m | €816,516 | €826,513 | €960,630 | €836,424 | ▼ 12.9% |
| Stocks30/36 | €1.1m | €816,516 | €826,513 | €960,630 | €836,424 | ▼ 12.9% |
| Amounts receivable within one year40/41 | €196,712 | €261,340 | €266,074 | €151,326 | €269,416 | ▲ 78.0% |
| Trade receivables40 | €175,270 | €246,440 | €242,536 | €126,700 | €197,040 | ▲ 55.5% |
| Other amounts receivable41 | €21,443 | €14,900 | €23,538 | €24,626 | €72,376 | ▲ 194% |
| Cash at bank and in hand54/58 | €154,045 | €261,395 | €201,240 | €103,137 | €70,728 | ▼ 31.4% |
| Deferred charges and accrued income490/1 | €21,643 | €32,025 | €25,857 | €8,360 | €3,327 | ▼ 60.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.9m | €1.8m | €1.7m | €1.6m | €1.4m | ▼ 13.3% |
| Equity10/15 | €810,121 | €888,185 | €981,103 | €999,549 | €896,457 | ▼ 10.3% |
| Contributions10/11 | €218,468 | €218,468 | €218,468 | €218,468 | €215,446 | ▼ 1.4% |
| Capital10 | €215,000 | €215,000 | €215,000 | €215,000 | €212,026 | ▼ 1.4% |
| Issued capital100 | €215,000 | €215,000 | €215,000 | €215,000 | €212,026 | ▼ 1.4% |
| Outside capital11 | €3,468 | €3,468 | €3,468 | €3,468 | €3,421 | ▼ 1.4% |
| Share premium1100/10 | €3,468 | €3,468 | €3,468 | €3,468 | €3,421 | ▼ 1.4% |
| Revaluation surpluses12 | €120,500 | €120,500 | €120,500 | €120,500 | - | - |
| Reserves13 | €58,690 | €58,690 | €142,890 | €142,890 | €140,913 | ▼ 1.4% |
| Non-distributable reserves130/1 | €21,500 | €21,500 | €21,500 | €21,500 | €21,203 | ▼ 1.4% |
| Legal reserve130 | €21,500 | €21,500 | €21,500 | €21,500 | €21,203 | ▼ 1.4% |
| Tax-exempt reserves132 | €20,000 | €20,000 | €104,200 | €104,200 | €102,759 | ▼ 1.4% |
| Distributable reserves133 | €17,190 | €17,190 | €17,190 | €17,190 | €16,952 | ▼ 1.4% |
| Profit (loss) carried forward14 | €412,463 | €490,527 | €499,244 | €517,691 | €540,098 | ▲ 4.3% |
| Amounts payable17/49 | €1.1m | €904,432 | €750,747 | €603,816 | €494,115 | ▼ 18.2% |
| Amounts payable after more than one year17 | €174,286 | €140,000 | €121,042 | €100,000 | €80,000 | ▼ 20.0% |
| Financial debts170/4 | €174,286 | €140,000 | €121,042 | €100,000 | €80,000 | ▼ 20.0% |
| Amounts payable within one year42/48 | €952,944 | €762,542 | €628,896 | €503,252 | €413,058 | ▼ 17.9% |
| Current portion of amounts payable after more than one year42 | €48,571 | €34,286 | €26,250 | €21,042 | €20,000 | ▼ 5.0% |
| Financial debts43 | €400,050 | €448,334 | €279,514 | €150,394 | €154,371 | ▲ 2.6% |
| Credit institutions430/8 | €400,050 | €448,334 | €279,514 | €150,394 | €154,371 | ▲ 2.6% |
| Trade debts44 | €437,169 | €202,408 | €280,849 | €281,909 | €222,331 | ▼ 21.1% |
| Suppliers440/4 | €437,169 | €202,408 | €280,849 | €281,909 | €222,331 | ▼ 21.1% |
| Taxes, remuneration and social security45 | €67,155 | €77,514 | €42,284 | €49,907 | €16,356 | ▼ 67.2% |
| Taxes450/3 | €41,222 | €53,906 | €27,750 | €25,387 | €5,994 | ▼ 76.4% |
| Remuneration and social security454/9 | €25,932 | €23,608 | €14,533 | €24,521 | €10,362 | ▼ 57.7% |
| Accrued charges and deferred income492/3 | €923 | €1,891 | €809 | €564 | €1,057 | ▲ 87.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €194,268 | €78,064 | €92,918 | €18,446 | €29,908 | ▲ 62.1% |
| + Depreciation and write-downs630 | €34,604 | €35,436 | €36,060 | €36,610 | €32,355 | ▼ 11.6% |
| Operating cash flow (approximation) | €228,872 | €113,500 | €128,978 | €55,056 | €62,263 | ▲ 13.1% |
| Investment in fixed assets (approximation) | - | -€15,368 | -€26,884 | -€4,357 | €136,880 | ▲ 3,242% |
| Change in cash | - | €107,350 | -€60,155 | -€98,104 | -€32,409 | ▲ 67.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-09
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 52 days late
20-01
State Gazette act
Restructuring · End & cessationDemerger · Capital decrease · Capital9 facts ▸
State Gazette act
Restructuring · End & cessation
Demerger · Capital decrease · Capital9 facts ▸
- General meeting, 30-12-2025
- Demerger, overdracht van het onroerend patrimonium (activa en passiva) van DE PYPERE aan R&R CONSULT
- Capital decrease, €2.974,25
- Capital, €212.025,75
- Capital increase, €2.974,25
- Share issue, 1324, aandeelhouders van DE PYPERE
- Accounting effect, 01-08-2025
- Split proposal, 14-11-2025, 06-11-2025
- Split proposal, 14-11-2025, 06-11-2025
20-01
State Gazette act
Restructuring · End & cessationMerger · Capital increase · Dissolution7 facts ▸
State Gazette act
Restructuring · End & cessation
Merger · Capital increase · Dissolution7 facts ▸
- General meeting, 30-12-2025
- Merger, absorption, 01-01-2026
- Capital increase, €212.025,75
- Dissolution, 01-01-2026
- Power of attorney, POLET QUALITY PRODUCTS
- Power of attorney, Charles VANBEYLEN
- Auditor report, 27-11-2025
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €18,446 ▼80.1%
Net result drops to €18,446, the lowest in the series.
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €194,268 ▲17.4%
Operating result €282,619, net result €194,268, both a record.
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
06-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 37 days late
2018
13-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 44 days late
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
2 of 14 acts read
About the unread acts
Of the 14 Belgian State Gazette acts we know for this company, 2 have been read. The other 12 have not been read yet: what they contain is neither established nor disproved here.
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Structure & network
Owners and holdings
2 ownersChain of control
- ICARUS INVEST
- DE PYPERE
Highest known parent: ICARUS INVEST. The sources do not say who stands above it.
Owners 2
- ICARUS INVESTparent65.78%
-
33.33%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts 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
No current directors or connected companies found in the register.
Acquisitions and mergers
2 transactionsTaken over by:POLET QUALITY PRODUCTS
Split off to:R&R CONSULT
Capital and shareholders
Capital over the years
- 20-01-2026 Capital increase of 212,025.75 EUR · to 1,685,811.86 EUR · 10,277 new shares · in kind
- 20-01-2026 Capital reduction of 2,974.25 EUR · in a demerger
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 5,000 EUR awarded · 5,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 5,000 EUR | 5,000 EUR |