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PIPA ELITE BREEDING

Active
Private limited companyfounded 2018active for 8 yearsEentveldstraat 18, 9910 Aalter, BelgiumKBO/BCE: BE 0690.857.457

From the official registers: KBO 7 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

PIPA ELITE BREEDING has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.7m and a net result of €62,980. Equity has been growing by about 70% per year since 2019. Its solvency ranks better than 93% of 2,072 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
PIPA ELITE BREEDINGActiveChecked score 97/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 22-02-2018 Normal situation
Legal form
Private limited company
Registered office
Eentveldstraat 18, 9910 Aalter
Activity
Raising of other animals NACE 01480
Establishment unit
2.273.161.148 9910 Aalter, since 22-02-2018
Financial year end
30 June
Peppol
Reachable since 23-09-2025
Company details

Board and ownership

Board
  • Pipa 2.0Director · permanent representative Philippe Huyzentruyt
Shareholders
Board & ownership

Financial position

97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts to 30-06-2025
Gross margin
€963,906
▼ 18.6%
Turnover
≈ €2.4m
estimated
Profit
€62,980
▼ 89.4%
Equity
€3.7m
▲ 156%
Total assets
€4.1m
▲ 134%
Staff
1.9 FTE
▲ 90.0%
Net result -89%: merger2025 accounts filed 1 day before the deadline
Filed on 30-01-2026PDF
Financials
Score breakdownlowers riskLiquidity: current ratio 7.35, cash €817,555Sector: Crop and animal production, hunting and related service activities (NACE 01)Size: 1.9 FTE, total assets €4.1mFigures for financial year 2025 (filed on 02-02-2026)Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 79% of micro companies in crop and animal production (NACE 01)
Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Strong
Solvency 100=
equity 89.6% of total assets
Liquidity 75+2
short-term debt 10.0% · cash 19.7%
Profitability 71-29
return on assets 1.5%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (5,697 companies, NACE 01, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: 0.1%▲ +0.1 percentage points vs 12-2024 02-2025: < 0.1%▼ -0.1 percentage points vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: 0.1%▲ +0.1 percentage points vs 01-2026highest value 03-2026: < 0.1%▼ -0.1 percentage points 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 07-2026 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €360,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 7.35 (3.6 in 2024), above the usual 1.5. Short-term debt is 10% and cash 19.7% of total assets. 10.4% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 01, micro). It does better than 92% of them on solvency, 82% on liquidity, 48% on profitability and 95% on growth.

The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 7.35, cash €817,555
NBB · annual accounts
lowers risk · Sector: Crop and animal production, hunting and related service activities (NACE 01)
KBO
lowers risk · Size: 1.9 FTE, total assets €4.1m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 02-02-2026)
NBB · annual accounts
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 30-01-2026, 1 day ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
1 day early
2024
29 days early
2023
1 day early
2022
on the day
2021
1 day late
2020
1 day late
2019
4 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 5 days before the deadline. In the sector (NACE 01), the median for financial year 2024 was 3 days before the deadline, and 37% 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 30 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end01-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Equity rose in 2025merger with PIPA Elite Center ▲ 156% View
  • Caution: Board changedlatest change 27-03-2026 · 1 in office 1 joined · 2 left View
  • Positive: More equity than 92% of companies in crop and animal productionsector median €582,335 · 2,072 companies €3.7m View
  • Positive: 7 profitable years in a rowprofit 2025: €62,980 7 years View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

Documents

Annual accounts at the NBB

All 7 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about PIPA ELITE BREEDING

What is the company number of PIPA ELITE BREEDING?
The company number of PIPA ELITE BREEDING is 0690.857.457. The VAT number is the same number with BE in front: BE 0690.857.457.
Where is PIPA ELITE BREEDING based?
The registered office is at Eentveldstraat 18, 9910 Aalter.Company details
What does PIPA ELITE BREEDING do?
According to the KBO register, the main activity is raising of other animals (NACE 01480).
What is the legal form of PIPA ELITE BREEDING?
The legal form of PIPA ELITE BREEDING is Private limited company (BV).
When was PIPA ELITE BREEDING founded?
PIPA ELITE BREEDING was founded on 22-02-2018.
Is PIPA ELITE BREEDING still active?
Yes, PIPA ELITE BREEDING is an active enterprise in the KBO register.
How many employees does PIPA ELITE BREEDING have?
PIPA ELITE BREEDING had an average of 1.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of PIPA ELITE BREEDING?
The turnover in financial year 2025 is ≈ €2.4m. This figure is estimated from the gross margin of €963,906 and 30 comparable companies (NACE 01). It probably lies between €1.8m and €3.0m.
Is PIPA ELITE BREEDING profitable?
In financial year 2025, PIPA ELITE BREEDING made a profit of €62,980.
Where can I find the annual accounts of PIPA ELITE BREEDING?
PIPA ELITE BREEDING filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of PIPA ELITE BREEDING due?
PIPA ELITE BREEDING must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

Companies linked to PIPA ELITE BREEDING

Comparable companies

These companies have the same main activity as PIPA ELITE BREEDING: raising of other animals (NACE 01480). They are comparable in size and age: total assets between €1.2m and €2.9m, founded between 2009 and 2019.

CompanyTotal assetsGross margin
PIPA ELITE BREEDING Aalter€4.1m€1.0m
ECO-CULT worms Roeselare€2.9m€0.9m
Bijenboer Aarschot€1.2m€0.4m
BOLKSHOF Rijkevorsel€1.3m€0.7m
Rulo Service Avelgem€2.4m€0.5m
Alpaca Flanders Wervik€2.1m€0.5m
Descheemaecker Pigeon Center Zoersel€1.4m€0.4m
Full comparison

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