PIPELEERS GEERT
ActivePIPELEERS GEERT has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €74k and a net result of €4k. Equity is growing by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 87% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability47▲+1
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.87 against 1.56 in 2024; short-term debt: 16.1% and cash: 29.9% of total assets), and 17.2% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 dateAge against the risk zone
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
82.8%
Return on assets
4%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 06-03-2026, 55 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
55 d early
2024
50 d early
2023
60 d early
2022
6 d early
2021
33 d early
2020
30 d early
2019
50 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€74k▲ 5.1%
2024 · €70k
2018: €52k
2019: €53k
2020: €60k
2021: €66k
2022: €68k
2023: €68k
2024: €70k
2018 → 2025
Total assets
€89k▲ 3.5%
2024 · €86k
2018: €87k
2019: €80k
2020: €91k
2021: €80k
2022: €82k
2023: €81k
2024: €86k
2018 → 2025
Net result
€4k▲ 26.2%
2024 · €3k
2018: €14k
2019: €2k
2020: €7k
2021: €5k
2022: €2k
2023: €-378
2024: €3k
2018 → 2025
Working capital
€12k▲ 44.8%
2024 · €9k
2018: €-12k
2019: €-9k
2020: €-1k
2021: €4k
2022: €6k
2023: €6k
2024: €9k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€66k-€68k▲ 3.4%€68k▼ 0.6%€70k▲ 4.2%€74k▲ 5.1%
Operating result€10k-€4k▼ 59.7%€191▼ 95.1%€5k▲ 2,422%€6k▲ 34.1%
Net result€5k-€2k▼ 58.6%€-378€3k€4k▲ 26.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 34% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €89k
Fixed assets
€63k=
Current assets
€27k▲ 12.5%
Equity and liabilities €89k
Equity
€74k▲ 5.1%
Debt
€15k▼ 3.6%
The debt ratio falls from 18.4% to 17.2%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
82.8%▲
2024 · 81.6%
Current ratio
1.87▲
2024 · 1.56
Quick ratio
1.87▲
2024 · 1.56
Debt / equity
0.21▼
2024 · 0.23
ROE
4.8%▲
2024 · 4.0%
ROA
4.0%▲
2024 · 3.3%
Debt
€15k▼
2024 · €16k
Debt ≤ 1 year
€14k▼
2024 · €15k
Income taxes
€2k▲
2024 · €1k
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€86k€89k▲
Fixed assets21/28€63k€63k=
Tangible fixed assets22/27€63k€63k=
Land and buildings22€63k€63k=
Current assets29/58€24k€27k▲
Amounts receivable within one year40/41€14k€169▼
Trade receivables40€14k€0▼
Other amounts receivable41€155€169▲
Cash at bank and in hand54/58€10k€27k▲
Equity and liabilities
Total equity and liabilities10/49€86k€89k▲
Equity10/15€70k€74k▲
Contributions10/11€19k€19k=
Reserves13€52k€55k▲
Distributable reserves133€52k€55k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€16k€15k▼
Amounts payable within one year42/48€15k€14k▼
Trade debts44€1k€462▼
Suppliers440/4€1k€462▼
Taxes, remuneration and social security45€1k€2k▲
Taxes450/3€1k€2k▲
Other amounts payable47/48€13k€12k▼
Accrued charges and deferred income492/3€655€953▲
Income statement
Code20242025
Non-recurring operating income76A€4k€0▼
Other operating charges640/8€581€560▼
Gross operating margin9900€5k€7k▲
Operating profit (loss)9901€5k€6k▲
Financial income75/76B€0€0=
Recurring financial income75€0€0=
Financial charges65/66B€769€1k▲
Recurring financial charges65€769€1k▲
Profit (loss) for the period before taxes9903€4k€5k▲
Income taxes67/77€1k€2k▲
Profit (loss) for the period9904€3k€4k▲
Profit (loss) for the period to be appropriated9905€3k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€4k▲
Profit (loss) brought forward from the previous period14P€-378€0▲
Transfer to equity691/2€2k€4k▲
To other reserves6921€2k€4k▲
The notes to these accounts (3 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
06-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
11-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
01-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Weakest financial yearnet €-378 ▼117%
Net result drops to €-378, the lowest in the series; recovery starts the following year.
24-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
11-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
19-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
15-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Diepenbeek · 1 establishment unit since 1995
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.
Mizerikstraat 323590 DiepenbeekGround area
3,210 m²
Building footprint
193 m²
Volume, LiDAR
992 m³
Parcel 71011A0043/00W003, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PIPELEERS GEERT BVBA
since 19952.069.712.457
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71011A0043/00W003 | Flanders | 3,210 m² | 1 · 193 m² | 7.3 m · 2 fl. |
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.
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LM TP-AGRI
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APERS
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TEAM SCOPS HANNART
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Of 8,456 companies in sector 43120 we hold annual accounts for 3,233. 2,597 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-03-2005
Fiscal year end30-09
Activities, NACEBEL
43120Site preparation
45112
46711Wholesale of cars and light vans (up to 3.5 tonnes)
45402
47830Retail sale of motorcycles and motorcycle parts and accessories
50101
50400Inland freight water transport
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.