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FINPIPE

Inactive KBO/BCE: BE 0444.889.015 subsidiary of Eni S.p.A.
FINPIPE
Follow Report

Overview

Lifetime

9 annual accounts with figures on one time axis, 26 filings since 1991
peak €16.6m (2008)
-not published
lowest -€2,310 (2016)
-€2,310▼ €14.7m
peak €25.2m (2008)
€12.4munchanged
-not published
Owners7 names in the annual accountsall names
99%FLUXYS and 1 other
Documentsfilings and deeds
02-05-201790 days before the deadline
2016financial year
Loss of €2,310

Key points

from the 2016 annual accounts, the last ones filed

Equity

€12.4m from €25.2m in 2008

Equity fell by 51% in 8 years.

Result

-€2,310 -€2,310
€15m2015-€2,3102016

From profit to loss in 2016, after a profit of €14.7m in 2015.

Filings

26 annual accounts since 1991
AprilJune31 JulyOctober20002010

The last five annual accounts were filed 90 to 99 days before the end of the period.

No score

Board and ownership

Board & ownership

Recent changes

Deed on the end Gazette deed
Incorporation 40 publications in the Belgian Official Gazette, the last on 24-05-2017 · Gazette deed
All 32 events

Official details

Source: KBO
Status
Inactivedeed of incorporation of 14-09-1991 · last publication under the heading End on 24-05-2017
Activity
No activity registered in the KBO
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2016

€2,310
€12.4m=
€12.4m▼ 0.2%
Filing
Filed on 02-05-2017
Financials

Insights on FINPIPE

FINPIPE reached its highest turnover in 2008: €16.6m. A year later it was €14.1m, and in 2010 still €13.1m.

Equity fell from €25.2m in 2008 to €12.4m in 2016.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2016

full format, filed on 02-05-2017, 90 days before the deadline
€12.4m
unchanged
-€2,191
▼ €14.7m
-
-
100.0%
▲ 0.2 percentage points
-

Money flows

no detail for 2016

Balance sheet

balance sheet total €12.4m on 31-12-2016
What the company ownsHow it is paid for

in €m

in €m

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend201620152014201320122011201020092008
Balance sheet: assets
20/58 12.4m12.4m13.0m20.7m51.3m65.2m83.3m101.6m120.6m
21/28 -----18.1m23.8m29.6m35.3m
22/27 -----18.1m23.8m29.6m35.3m
22 -----145,319191,616237,912284,208
23 -----17.9m23.6m29.3m35.0m
29/58 12.4m12.4m13.0m20.7m51.3m47.2m59.5m72.0m85.3m
29 ---7.3m19.8m32.4m45.0m57.6m70.2m
290 ---7.3m19.8m32.4m45.0m57.6m70.2m
40/41 33912,9167.3m12.6m12.7m12.9m13.1m13.2m13.9m
40 -11,7077.3m12.6m12.7m12.9m13.1m13.2m13.8m
41 3391,209--97432054893,638
50/53 ----18.8m1.2m1.2m1.2m1.2m
51/53 ----18.8m1.2m1.2m1.2m1.2m
54/58 12.4m12.4m5.7m864,87457,924599,861238,43664,72463,312
490/1 ----524115776
Balance sheet: equity and liabilities
10/49 12.4m12.4m13.0m20.7m51.3m65.2m83.3m101.6m120.6m
10/15 12.4m12.4m12.4m12.4m25.2m25.2m25.2m25.2m25.2m
10/11 12.4m12.4m12.4m12.4m25.2m25.2m25.2m25.2m25.2m
100 12.4m12.4m12.4m12.4m25.2m25.2m25.2m25.2m25.2m
14 22,69025,000-------
17/49 -26,560598,8358.3m26.2m40.1m58.2m76.4m95.4m
17 -----3.4m11.2m20.5m29.7m
170/4 -----3.4m11.2m20.5m29.7m
173 -----3.4m6.8m10.2m13.6m
174 ------4.4m10.2m16.1m
42/48 -26,560598,8358.3m26.1m36.6m46.8m55.7m65.5m
42 ----3.4m7.8m9.2m9.2m9.2m
43 ---7.7m17.2m27.5m36.3m45.3m54.9m
439 ---7.7m17.2m27.5m36.3m45.3m54.9m
44 -26,5605,6015,20023,6721,74934223,46922,803
440/4 -26,5605,6015,20023,6721,74934223,46922,803
45 --593,234596,9291.1m1.2m1.2m1.2m1.3m
450/3 --593,234596,9291.1m1.2m1.2m1.2m1.3m
47/48 ----4.4m----
492/3 ----42,49296,772149,517204,182260,934
Income statement
70/76A -14.8m2.9m3.1m7.0m12.9m13.1m14.1m16.6m
70 -14.8m2.9m3.1m7.0m12.9m13.1m14.1m16.6m
60/66A 2,19163,92338,85139,1925.3m5.8m5.8m5.8m5.8m
61 2,09163,83438,85139,10338,59137,88037,20939,71338,056
630 ----5.3m5.8m5.8m5.8m5.8m
640/8 10089-898989898989
66A ----26,342----
9901 -2,19114.7m2.8m3.0m1.7m7.1m7.4m8.3m10.8m
75/76B -154,0885753.3m2,9151,5243,40624,250
75 -154,0885753.3m2,9151,5243,40624,250
751 -154,0885753.3m2,9151,5243,26624,250
752/9 -------140-
65/66B 11910516,491199,021603,8831.3m1.6m2.5m5.0m
65 11910516,491199,021603,8831.3m1.6m2.5m5.0m
650 --16,276170,032600,5601.3m1.6m2.5m5.0m
652/9 11910521528,9893,3233,3033,3182,8612,883
9903 -2,31014.7m2.8m2.8m4.4m5.8m5.8m5.8m5.8m
67/77 -4948-1----
670/3 -4948-1----
9904 -2,31014.7m2.8m2.8m4.4m5.8m5.8m5.8m5.8m
9905 -2,31014.7m2.8m2.8m4.4m5.8m5.8m5.8m5.8m
Appropriation of the result
9906 22,69014.7m2.8m2.8m4.4m5.8m5.8m5.8m5.8m
694/7 -14.7m2.8m2.8m4.4m5.8m5.8m5.8m5.8m
694 -14.7m2.8m2.8m4.4m5.8m5.8m5.8m5.8m
Document PDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 17 older financial years (1991-2007) were filed as documents without figures as data, scans for example.

Source: Annual accounts 2016 (PDF), filed on 02-05-2017.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2016 full format 02-05-2017 2017-11100125 PDF
31-12-2015 full format 27-04-2016 2016-11000229 PDF
31-12-2014 full format 24-04-2015 2015-10400006 PDF
31-12-2013 full format 23-04-2014 2014-10200202 PDF
31-12-2012 full format 24-04-2013 2013-10000389 PDF
31-12-2011 full format 26-04-2012 2012-10500380 PDF
31-12-2010 full format 19-04-2011 2011-08800259 PDF
31-12-2009 full format 21-04-2010 2010-09700429 PDF
31-12-2008 full format 09-06-2009 2009-21800098 PDF
31-12-2007 full format 09-04-2008 2008-09900139 PDF
31-12-2006 full format 11-04-2007 2007-11600313 PDF
31-12-2005 full format 11-04-2006 2006-10900014 PDF
31-12-2004 full format 28-04-2005 2005-12900250 PDF
31-12-2003 full format 27-04-2004 2004-11800248 PDF
31-12-2002 full format 24-04-2003 2003-11400183 PDF
31-12-2001 full format 03-05-2002 2002-11300042 PDF
31-12-2000 full format 26-04-2001 2001-10500252 PDF
31-12-1999 full format 27-04-2000 2000-10800084 PDF
31-12-1998 full format 29-04-1999 1999-08701450 PDF
31-12-1997 full format 29-04-1998 1998-07902300 PDF
31-12-1996 full format 30-04-1997 1997-06901960 PDF
31-12-1995 full format 03-05-1996 1996-07502566 PDF
31-12-1994 full format 04-05-1995 1995-06902388 PDF
31-12-1993 full format 02-06-1994 1994-10904328 PDF
31-12-1992 full format 05-05-1993 1993-06501327 PDF
31-12-1991 full format 16-06-1992 1992-11203042 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend201620152014201320122011201020092008
----7.0m12.8m13.1m14.0m16.5m
----9.6m11.5m11.5m11.5m11.5m
-----12.8m1-0-0-
-16,2936.7m4.8m806,950-541,937361,425173,7121,412-
-12.4m12.4m12.4m25.2m10.6m12.7m16.3m19.8m
-99.6%98.6%98.7%24.0%54.9%55.9%58.9%65.1%
100.0%99.8%95.4%59.8%49.0%38.6%30.2%24.8%20.9%
--21.702.491.961.291.271.291.30
-0.000.050.671.041.592.313.043.79
0.0%118.3%22.7%22.7%17.3%23.0%23.0%23.0%23.0%
0.0%118.1%21.7%13.6%8.5%8.9%6.9%5.7%4.8%
----11.5810.058.395.603.29
-0 days926 days1507 days660 days367 days364 days341 days305 days
-152 days53 days49 days224 days17 days3 days216 days219 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Revenue breakdown

as filed

By activity 2015

  • Option d'achat location-financement RTR €12,580,59685.3%
  • Financement, construction et mise en service de certains systèmes de transport de gaz naturel €2,176,42714.7%

Total €14,757,023

Revenue in the income statement €14,757,022

Source: 2015 accounts, page 10, filing 2016-11000229

By geographic market 2015

  • BELGIQUE €14,757,023100.0%

Revenue in the income statement €14,757,022

Source: 2015 accounts, page 10, filing 2016-11000229

The 2016 accounts state only “Financement, construction et mise en service de certains systèmes de transport de gaz naturel” in the revenue breakdown.

All years (2009 to 2015)

By activity

By activity2012201320142015
Option d'achat location-financement RTR---€12,580,596
Financement, construction et mise en service de certains systèmes de transport de gaz naturel€6,992,902€3,054,183€2,868,747€2,176,427
Total€6,992,902€3,054,183€2,868,747€14,757,023

By geographic market

By geographic market2009201020112012201320142015
BELGIQUE€14,087,535€13,140,118€12,851,722€6,992,902€3,054,183€2,868,747€14,757,023

Insights on FINPIPE

The operating result for 2016 is a loss of €2,191, after a profit of €14.7m in 2015. It is the lowest result since 2008.

Board & ownership

Control

Consolidating parent
Eni S.p.A. IT
consolidates
This company
FINPIPE
Equity €12.4m
Loss €2,310 in 2016

and 2 other shareholders

Capital

Capital
€12,394,676
Source
2016 annual accounts

Owners through the years

as the annual accounts name them
FLUXYS
99%
99%
FLUXYS FINANCE
1%
1%
ELECTRABEL
36.67%
36.67% until 2012
Eni S.p.A. IT
consolidates
consolidates until 2012
ENI GAS & POWER
56%63.33%
63.33% until 2011
INTERNATIONAL POWER
36.67% until 2009
TRACTEBEL
consolidates until 2008
Owners as a list

Source: shareholder structure in its own accounts, parent in its own accounts, lists of holdings in the owners' accounts

Shareholders

3 owners

Owners 3

Office holders in the KBO →

Network & group

Parent

Eni S.p.A.
Italy

Connections & network

Depth

The network starts from the shareholders of FINPIPE. Every company they also own or run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

32 events since 1991
2017
Deed on the end PDF
Annual accounts 2016 filed PDFfull format · 90 days before the deadline
2016
Weakest financial year net -€2,310 The net result drops to -€2,310, the lowest from 2008 to 2016.
Annual accounts 2015 filed PDFfull format · 95 days before the deadline
2015
Highest result from 2008 to 2016 net €14.7m ▲422% The operating result of €14.7m and the net result of €14.7m are both a record.
Liquidity more than 21 times current ratio 468.61 The current ratio rises from 21.70 to 468.61. Short-term debt falls from €598,835 to €26,560.
Annual accounts 2014 filed PDFfull format · 98 days before the deadline
2014
Liquidity more than 8 times current ratio 21.70 The current ratio rises from 2.49 to 21.70. Short-term debt falls from €8.3m to €598,835.
Annual accounts 2013 filed PDFfull format · 99 days before the deadline
2013
Annual accounts 2012 filed PDFfull format · 98 days before the deadline
2012
Annual accounts 2011 filed PDFfull format · 96 days before the deadline
2011
Annual accounts 2010 filed PDFfull format · 103 days before the deadline
2010
Annual accounts 2009 filed PDFfull format · 101 days before the deadline
2009
Annual accounts 2008 filed PDFfull format · 52 days before the deadline
2008
Annual accounts 2007 filed PDFfull format · 113 days before the deadline
2007
Annual accounts 2006 filed PDFfull format · 111 days before the deadline
2006
Annual accounts 2005 filed PDFfull format
2005
Annual accounts 2004 filed PDFfull format
2004
Annual accounts 2003 filed PDFfull format
2003
Annual accounts 2002 filed PDFfull format
2002
Annual accounts 2001 filed PDFfull format
2001
Annual accounts 2000 filed PDFfull format
2000
Annual accounts 1999 filed PDFfull format
1999
Annual accounts 1998 filed PDFfull format
1998
Annual accounts 1997 filed PDFfull format
1997
Annual accounts 1996 filed PDFfull format
1996
Annual accounts 1995 filed PDFfull format
1995
Annual accounts 1994 filed PDFfull format
1994
Annual accounts 1993 filed PDFfull format
1993
Annual accounts 1992 filed PDFfull format
1992
Annual accounts 1991 filed PDFfull format
1991
Incorporation 40 publications in the Belgian Official Gazette, the last on 24-05-2017

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

Company details

Inactive

FINPIPE is no longer in the KBO register.

Last annual accounts
financial year to 31 December 2016
Last registered office
Rue Guimard 4, 1040 Bruxellesas published on 24 May 2017
Legal form
Economic interest grouping
First annual accounts
financial year 1991
Official KBO record

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