Pijpers
ActivePijpers has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €486k and a net result of €37k. Equity is growing by ~9.3% per year across the filed fiscal years. Its solvency ranks better than 94% of 10206 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
94
/ 100
Excellent▲ +32 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability38▲+38
Solvency100=
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 7.42 against 5.89 in 2024), and 11% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
89%
Return on assets
6.8%
Age of the figures
8 mo
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
7 d early
2023
79 d early
2022
70 d early
2021
12 d late
2020
20 d late
2019
4 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€486k▲ 8.3%
2024 · €448k
2018: €248k
2019: €263k
2020: €350k
2021: €391k
2022: €407k
2023: €467k
2024: €448k
2018 → 2025
Total assets
€546k▲ 3.6%
2024 · €527k
2018: €290k
2019: €345k
2020: €463k
2021: €486k
2022: €462k
2023: €555k
2024: €527k
2018 → 2025
Net result
€37k
2024 · €-19k
2018: €15k
2019: €16k
2020: €86k
2021: €41k
2022: €17k
2023: €60k
2024: €-19k
2018 → 2025
Working capital
€351k▲ 9.4%
2024 · €321k
2018: €150k
2019: €139k
2020: €255k
2021: €304k
2022: €338k
2023: €357k
2024: €321k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€391k-€407k▲ 4.3%€467k▲ 14.6%€448k▼ 4.0%€486k▲ 8.3%
Operating result€59k-€22k▼ 62.2%€88k▲ 299%€-11k€52k
Net result€41k-€17k▼ 59.2%€60k▲ 259%€-19k€37k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €52k after a loss of €11k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €546k
Fixed assets
€140k▼ 0.2%
Current assets
€406k▲ 5.0%
Equity and liabilities €546k
Equity
€486k▲ 8.3%
Debt
€60k▼ 23.4%
The debt ratio falls from 14.9% to 11.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€62k
Cash flow
€47k
Solvency
89.0%▲
2024 · 85.1%
Current ratio
7.42▲
2024 · 5.89
Quick ratio
2.10▲
2024 · 2.06
Debt / equity
0.12▼
2024 · 0.18
ROE
7.7%▲
2024 · -4.1%
ROA
6.8%▲
2024 · -3.5%
Interest coverage
12.10
Debt
€60k▼
2024 · €79k
Debt ≤ 1 year
€55k▼
2024 · €66k
Debt > 1 year
€5k▼
2024 · €13k
Income taxes
€10k▲
2024 · €429
Staff costs
€73k▼
2024 · €73k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€527k€546k▲
Fixed assets21/28€140k€140k▼
Intangible fixed assets21-€26k
Tangible fixed assets22/27€140k€114k▼
Land and buildings22€55k€49k▼
Plant, machinery and equipment23€620€2k▲
Furniture and vehicles24€59k€38k▼
Leasing and similar rights25€26k€24k▼
Current assets29/58€387k€406k▲
Stocks and contracts in progress3€252k€291k▲
Stocks30/36€252k€291k▲
Amounts receivable within one year40/41€36k€41k▲
Trade receivables40€16k€16k▲
Other amounts receivable41€20k€25k▲
Current investments50/53€71k-
Cash at bank and in hand54/58€18k€75k▲
Deferred charges and accrued income490/1€10k-
Equity and liabilities
Total equity and liabilities10/49€527k€546k▲
Equity10/15€448k€486k▲
Contributions10/11€87k€87k=
Reserves13€361k€399k▲
Distributable reserves133€361k€399k▲
Amounts payable17/49€79k€60k▼
Amounts payable after more than one year17€13k€5k▼
Financial debts170/4€13k€5k▼
Amounts payable within one year42/48€66k€55k▼
Current portion of amounts payable after more than one year42€9k€7k▼
Trade debts44€27k€3k▼
Suppliers440/4€27k€3k▼
Taxes, remuneration and social security45€12k€29k▲
Taxes450/3€2k€20k▲
Remuneration and social security454/9€10k€9k▼
Other amounts payable47/48€18k€16k▼
Accrued charges and deferred income492/3€227-
Income statement
Code20242025
Remuneration, social security and pensions62€73k€73k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€10k
Other operating charges640/8€5k€4k▼
Non-recurring operating charges66A-€571
Gross operating margin9900€68k€140k▲
Operating profit (loss)9901€-11k€52k▲
Financial income75/76B€146€420▲
Recurring financial income75€146€420▲
Financial charges65/66B€7k€5k▼
Recurring financial charges65€7k€5k▼
Profit (loss) for the period before taxes9903€-18k€48k▲
Income taxes67/77€429€10k▲
Profit (loss) for the period9904€-19k€37k▲
Profit (loss) for the period to be appropriated9905€-19k€37k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-19k€37k▲
Transfer from equity791/2€19k-
Transfer to equity691/2-€37k
To other reserves6921-€37k
Social balance
Average headcount (FTE)90872.01.9▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €37k
Net result €37k after one loss-making year.
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-19k ▼131%
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
13-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
22-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
2021
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
31-12
Financial
Highest result since 2018net €86k ▲456%
Operating result €129k, net result €86k, both a record.
04-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 4 days late
2019
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 13 days late
2017
02-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 directors, no change since 2024
DEPREZ Eefje
CurrentStatutair bestuurder · since 26-09-2024
PIJPERS Elke
CurrentStatutair bestuurder · since 20-09-2024
26-09-2024
DEPREZ Eefje: Appointed as Statutair bestuurder
20-09-2024
PIJPERS Elke: Appointed as Statutair bestuurder
24-07-2024
PIJPERS Franciscus: Resigned as Statutair bestuurder
Location & real-estate footprint
Registered office, Bree · 1 establishment unit since 1978
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kloosterstraat 93960 BreeGround area
546 m²
Building footprint
511 m²
Parcel 72004B0587/00L000, Flanders. Linked by address, not a title deed.
1 establishment unit
Kloosterstraat 9, 3960 Bree
since 19782.015.109.969
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72004B0587/00L000 | Flanders | 546 m² | 1 · 511 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 1,803 EUR awarded · 514 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,803 EUR | 514 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
CLAYLIME
BE 0897.254.849
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BE 0424.267.805
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WALMAT BEAURAING
BE 0631.949.357
Chimay · Eq €484k
K.I.S. HOBBY CENTER
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MB LIBRAMONT
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Of 1,708 companies in sector 47521 we hold annual accounts for 1,275. 1,008 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-07-1978
Fiscal year end31-12
Activities, NACEBEL
47521Retail sale of hardware, building materials, paint and glass (general range)
47530Retail trade
52461
52486
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.