Public limited company · founded 1978 · 48 yrs activeZaha Hadidplein 1, 2030 Antwerpen, BelgiumKBO/BCE: BE 0418.190.556
Summary
PIPELINK has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €37.3m and a net result of €4.1m. Equity is growing by ~25.2% per year across the filed fiscal years. Its solvency ranks better than 82% of 870 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
How financially healthy the company is, how likely a bankruptcy is and how much credit is sensible. Start here to know whether you can do business safely.
Score 2025
Checked score
A figure from 0 to 100 for financial health from the latest annual accounts: the higher, the healthier. Without a figure, the card says why. A low score is a reason to look closely at payment terms and security.
Four sides of financial health side by side. You see at a glance where the company is strong and where it is vulnerable.
Profitability86▼-1
Solvency98▼-2
Growth69=
Track record100
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that this company goes bankrupt within twelve months. A low chance is reassuring; with a higher one, agree shorter payment terms or an advance.
0.4%Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000,000 at 30 days acceptable
Liquidity ample (current ratio 5.56 against 7.93 in 2024; short-term debt: 10.6% and cash: 0% of total assets), and 27.2% of the assets are financed with debt.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 61 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (2)
○
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.
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
History
History
The company's story in a few sentences, from the company register, the Belgian State Gazette and the filed annual accounts. Each number opens the document the sentence rests on.
PIPELINK was incorporated on 22 March 1978.1The registered office was moved to Antwerpen in 2018.2Since 2021 the company has been called PIPELINK.3In 2024 the capital was increased by EUR 3.1 million to EUR 16 million.4QUINTEN MATSYS was merged into the company in 2025.5The board currently has 7 members; Jan Adam has served longest, since 2017.6
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
Net result€2.4mabove the sector's middle half▼ 25.4%€3.1mabove the sector's middle half▲ 29.0%€3.5mabove the sector's middle half▲ 13.5%€4.2mabove the sector's middle half▲ 19.7%€4.1mabove the sector's middle half▼ 0.5%
Equity€14.6mabove the sector's middle half=€14.6mabove the sector's middle half=€29.0mabove the sector's middle half▲ 99.4%€33.2mabove the sector's middle half▲ 14.4%€37.3mabove the sector's middle half▲ 12.5%
Total assets€33.9mabove the sector's middle half▲ 3.6%€33.9mabove the sector's middle half=€46.0mabove the sector's middle half▲ 35.5%€43.9mabove the sector's middle half▼ 4.5%€51.3mabove the sector's middle half▲ 16.8%
Working capital€1.6m€338,655▼ 79.2%€14.5m▲ 4,190%€17.8m▲ 22.8%€24.7m▲ 38.5%
Solvency42.9%within the sector's middle half▼ 1.6pp42.9%within the sector's middle half=63.2%above the sector's middle half▲ 20.2pp75.6%above the sector's middle half▲ 12.4pp72.8%above the sector's middle half▼ 2.8pp
Staff (FTE)6.9below the sector's middle half▲ 19.0%6.9below the sector's middle half=6.9below the sector's middle half=8.9within the sector's middle half▲ 29.0%7.2below the sector's middle half▼ 19.1%
abovewithinbelowthe middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 8% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €51.3m
41.3%
58.7%
Fixed assets€21.2m ▼ 9.9%
Current assets€30.1m ▲ 47.6%
Equity and liabilities €51.3m
72.8%
27.2%
Equity€37.3m ▲ 12.5%
Debt€14.0m ▲ 30.3%
Debt's share of the balance-sheet total rises from 24.4% to 27.2%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€6.9m▲
2024 · €5.9m
Cash flow
€6.5m▲
2024 · €5.8m
Current ratio
5.56▼
2024 · 7.93
Debt to equity
0.37▲
2024 · 0.32
ROE
11.1%▼
2024 · 12.5%
ROA
8.1%▼
2024 · 9.5%
Interest coverage
34.85▼
2024 · 41.29
Debt ≤ 1 year
€5.4m▲
2024 · €2.6m
Debt > 1 year
€8.5m▲
2024 · €8.1m
Income taxes
€1.2m▲
2024 · €1.2m
Staff costs
€1.3m▼
2024 · €1.3m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observation
Peer companies
What happened to companies that once looked just like this one does now. It describes the group, not this company: the figures are counted, not predicted.
Of the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
Micro
20 years or older
solvency 30% or more
a profit of 5% of the balance sheet or more
0.4%went bankrupt
5.9%stopped otherwise
93%still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
The companies in ten equal groups, from lowest to highest expected share.
Group
Expected
Actual
1
0.2%
0.2%
2
0.3%
0.4%
3
0.5%
0.5%
4
0.6%
0.7%
5
0.8%
0.9%
6
1.2%
1.3%
7
1.5%
1.7%
8
1.7%
1.7%
9
2.7%
2.8%
10
5.3%
5.7%
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,349 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
Filed annual accountsAs filed with the NBB · 2025 against 2024 · 82 lines
Balance sheetCode20242025
Assets
Total assets20/58€43.9m€51.3m▲
Fixed assets21/28€23.5m€21.2m▼
Intangible fixed assets21€296,310€153,169▼
Tangible fixed assets22/27€14.4m€16.9m▲
Land and buildings22-€6,552
Plant, machinery and equipment23€11.7m€12.9m▲
Furniture and vehicles24€19,244€11,616▼
Leasing and similar rights25€1,864€1,821▼
Other tangible fixed assets26€61,861€51,859▼
Assets under construction and advance payments27€2.6m€3.9m▲
Financial fixed assets28€8.9m€4.1m▼
Affiliated companies280/1€7.1m-
Participating interests280€7.1m-
Companies linked by participating interests282/3€1.7m€4.1m▲
Participating interests282€1.7m€4.1m▲
Other financial fixed assets284/8€157€357▲
Amounts receivable and cash guarantees285/8€157€357▲
Current assets29/58€20.4m€30.1m▲
Amounts receivable within one year40/41€19.0m€30.0m▲
Trade receivables40€4.6m€8.2m▲
Other amounts receivable41€14.4m€21.8m▲
Cash at bank and in hand54/58€18,878€23,773▲
Deferred charges and accrued income490/1€1.4m€121,050▼
Equity and liabilities
Total equity and liabilities10/49€43.9m€51.3m▲
Equity10/15€33.2m€37.3m▲
Contributions10/11€27.0m€27.0m=
Capital10€15.7m€15.7m=
Issued capital100€15.7m€15.7m=
Outside capital11€11.3m€11.3m=
Share premium1100/10€11.3m€11.3m=
Reserves13€2.1m€2.1m=
Non-distributable reserves130/1€1.6m€1.6m=
Legal reserve130€1.6m€1.6m=
Distributable reserves133€565,713€565,713=
Profit (loss) carried forward14€4.0m€8.2m▲
Amounts payable17/49€10.7m€14.0m▲
Amounts payable after more than one year17€8.1m€8.5m▲
Financial debts170/4€8.1m€8.5m▲
Credit institutions173€8.1m€8.5m▲
Amounts payable within one year42/48€2.6m€5.4m▲
Current portion of amounts payable after more than one year42€1.0m€1.7m▲
Trade debts44€1.1m€3.6m▲
Suppliers440/4€1.1m€3.6m▲
Taxes, remuneration and social security45€389,691€164,164▼
Taxes450/3€186,151€73,348▼
Remuneration and social security454/9€203,541€90,816▼
Accrued charges and deferred income492/3€46,497€51,939▲
Income statementCode20242025
Operating income70/76A€19.8m€21.1m▲
Turnover70€19.7m€21.1m▲
Other operating income74€72,389€35,269▼
Non-recurring operating income76A€780-
Operating charges60/66A€15.6m€16.6m▲
Goods for resale, raw materials and consumables60€12.1m€11.3m▼
Purchases600/8€12.1m€11.3m▼
Services and other goods61€585,322€1.6m▲
Remuneration, social security and pensions62€1.3m€1.3m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.7m€2.3m▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€197,410-
Other operating charges640/8€71,813€79,539▲
Operating profit (loss)9901€4.2m€4.5m▲
Financial income75/76B€1.3m€3.9m▲
Recurring financial income75€1.1m€987,509▼
Income from financial fixed assets750€658,720€674,258▲
Income from current assets751€454,563€313,251▼
Other financial income752/9€30-
Non-recurring financial income76B€158,150€2.9m▲
Financial charges65/66B€144,062€3.1m▲
Recurring financial charges65€144,062€200,899▲
Debt charges650€142,217€197,427▲
Other financial charges652/9€1,845€3,472▲
Non-recurring financial charges66B-€2.9m
Profit (loss) for the period before taxes9903€5.3m€5.3m▼
Income taxes67/77€1.2m€1.2m▲
Taxes670/3€1.2m€1.2m▲
Tax adjustments and reversals of tax provisions77€1,237€1,877▲
Profit (loss) for the period9904€4.2m€4.1m▼
Profit (loss) for the period to be appropriated9905€4.2m€4.1m▼
Appropriation of the result
Profit (loss) to be appropriated9906€4.2m€8.2m▲
Profit (loss) brought forward from the previous period14P€224€4.0m▲
Transfer to equity691/2€140,151-
To the legal reserve6920€140,151-
Social balance
Average headcount (FTE)90878.97.2▼
The notes to these accounts (80 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Line
2021
2022
2023
2024
2025
Change
Operating income70/76A
€14.4m
€15.1m
€14.5m
€19.8m
€21.1m
▲ 6.8%
Turnover70
€14.3m
€15.1m
€14.5m
€19.7m
€21.1m
▲ 7.0%
Other operating income74
€39,433
€41,005
€60,929
€72,389
€35,269
▼ 51.3%
Non-recurring operating income76A
-
€18,088
€3,111
€780
-
-
Operating charges60/66A
€11.8m
€11.8m
€10.6m
€15.6m
€16.6m
▲ 6.5%
Goods for resale, raw materials and consumables60
€7.5m
€9.0m
€7.9m
€12.1m
€11.3m
▼ 6.5%
Purchases600/8
€7.5m
€9.0m
€7.9m
€12.1m
€11.3m
▼ 6.5%
Services and other goods61
€537,889
€531,012
€584,257
€585,322
€1.6m
▲ 166%
Remuneration, social security and pensions62
€1.1m
€952,337
€1.0m
€1.3m
€1.3m
▼ 4.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630
€2.0m
€1.2m
€1.5m
€1.7m
€2.3m
▲ 41.1%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4
€121,500
-
-€121,500
-
-
-
Provisions for liabilities and charges: additions (uses and reversals)635/8
€570,000
-
-€372,590
-€197,410
-
-
Other operating charges640/8
€59,128
€87,977
€60,608
€71,813
€79,539
▲ 10.8%
Non-recurring operating charges66A
€788
-
-
-
-
-
Operating profit (loss)9901
€2.6m
€3.4m
€4.0m
€4.2m
€4.5m
▲ 7.7%
Financial income75/76B
€621,417
€651,240
€588,769
€1.3m
€3.9m
▲ 206%
Recurring financial income75
€621,417
€651,240
€588,769
€1.1m
€987,509
▼ 11.3%
Income from financial fixed assets750
€621,417
€651,240
€588,340
€658,720
€674,258
▲ 2.4%
Income from current assets751
-
-
€429
€454,563
€313,251
▼ 31.1%
Other financial income752/9
€0
-
-
€30
-
-
Non-recurring financial income76B
-
-
-
€158,150
€2.9m
▲ 1,736%
Financial charges65/66B
€129,716
€132,009
€148,389
€144,062
€3.1m
▲ 2,055%
Recurring financial charges65
€129,716
€132,009
€148,389
€144,062
€200,899
▲ 39.5%
Debt charges650
€120,767
€130,625
€147,358
€142,217
€197,427
▲ 38.8%
Other financial charges652/9
€8,949
€1,384
€1,031
€1,845
€3,472
▲ 88.2%
Non-recurring financial charges66B
-
-
-
-
€2.9m
-
Profit (loss) for the period before taxes9903
€3.1m
€3.9m
€4.4m
€5.3m
€5.3m
▼ 0.3%
Income taxes67/77
€684,214
€811,448
€929,779
€1.2m
€1.2m
▲ 0.5%
Taxes670/3
€684,214
€821,296
€935,180
€1.2m
€1.2m
▲ 0.5%
Tax adjustments and reversals of tax provisions77
-
€9,849
€5,401
€1,237
€1,877
▲ 51.7%
Profit (loss) for the period9904
€2.4m
€3.1m
€3.5m
€4.2m
€4.1m
▼ 0.5%
Profit (loss) for the period to be appropriated9905
€2.4m
€3.1m
€3.5m
€4.2m
€4.1m
▼ 0.5%
Line
2021
2022
2023
2024
2025
Change
Assets
Total assets20/58
€33.9m
€33.9m
€46.0m
€43.9m
€51.3m
▲ 16.8%
Fixed assets21/28
€23.4m
€23.7m
€23.9m
€23.5m
€21.2m
▼ 9.9%
Intangible fixed assets21
€495,695
€579,036
€439,451
€296,310
€153,169
▼ 48.3%
Tangible fixed assets22/27
€14.9m
€15.1m
€15.1m
€14.4m
€16.9m
▲ 17.6%
Land and buildings22
€4,170
€2,521
€1,389
-
€6,552
-
Plant, machinery and equipment23
€6.5m
€12.6m
€13.2m
€11.7m
€12.9m
▲ 9.8%
Furniture and vehicles24
€66,117
€46,519
€34,428
€19,244
€11,616
▼ 39.6%
Leasing and similar rights25
€1,994
€1,951
€1,908
€1,864
€1,821
▼ 2.3%
Other tangible fixed assets26
€91,867
€81,865
€71,863
€61,861
€51,859
▼ 16.2%
Assets under construction and advance payments27
€8.2m
€2.4m
€1.8m
€2.6m
€3.9m
▲ 54.1%
Financial fixed assets28
€8.0m
€8.0m
€8.3m
€8.9m
€4.1m
▼ 53.1%
Affiliated companies280/1
€7.0m
€7.0m
€7.0m
€7.1m
-
-
Participating interests280
€7.0m
€7.0m
€7.0m
€7.1m
-
-
Companies linked by participating interests282/3
€1.0m
€1.0m
€1.4m
€1.7m
€4.1m
▲ 140%
Participating interests282
€1.0m
€1.0m
€1.4m
€1.7m
€4.1m
▲ 140%
Other financial fixed assets284/8
€157
€157
€157
€157
€357
▲ 127%
Amounts receivable and cash guarantees285/8
€157
€157
€157
€157
€357
▲ 127%
Current assets29/58
€10.5m
€10.2m
€22.0m
€20.4m
€30.1m
▲ 47.6%
Amounts receivable within one year40/41
€5.9m
€4.0m
€3.9m
€19.0m
€30.0m
▲ 58.1%
Trade receivables40
€5.7m
€3.6m
€3.7m
€4.6m
€8.2m
▲ 79.4%
Other amounts receivable41
€264,716
€389,979
€173,715
€14.4m
€21.8m
▲ 51.4%
Current investments50/53
-
-
€15.0m
-
-
-
Other investments51/53
-
-
€15.0m
-
-
-
Cash at bank and in hand54/58
€4.0m
€5.1m
€1.3m
€18,878
€23,773
▲ 25.9%
Deferred charges and accrued income490/1
€585,141
€1.1m
€1.9m
€1.4m
€121,050
▼ 91.6%
Equity and liabilities
Total equity and liabilities10/49
€33.9m
€33.9m
€46.0m
€43.9m
€51.3m
▲ 16.8%
Equity10/15
€14.6m
€14.6m
€29.0m
€33.2m
€37.3m
▲ 12.5%
Contributions10/11
€12.6m
€12.6m
€27.0m
€27.0m
€27.0m
=
Capital10
€12.6m
€12.6m
€15.7m
€15.7m
€15.7m
=
Issued capital100
€12.6m
€12.6m
€15.7m
€15.7m
€15.7m
=
Outside capital11
-
-
€11.3m
€11.3m
€11.3m
=
Share premium1100/10
-
-
€11.3m
€11.3m
€11.3m
=
Reserves13
€1.8m
€1.8m
€2.0m
€2.1m
€2.1m
=
Non-distributable reserves130/1
€1.3m
€1.3m
€1.4m
€1.6m
€1.6m
=
Legal reserve130
€1.3m
€1.3m
€1.4m
€1.6m
€1.6m
=
Distributable reserves133
€565,713
€565,713
€565,713
€565,713
€565,713
=
Profit (loss) carried forward14
€174,178
€175,528
€224
€4.0m
€8.2m
▲ 103%
Provisions and deferred taxes16
€570,000
€570,000
€197,410
-
-
-
Provisions for liabilities and charges160/5
€570,000
€570,000
€197,410
-
-
-
Major repairs and maintenance162
€570,000
€570,000
€197,410
-
-
-
Amounts payable17/49
€18.8m
€18.8m
€16.7m
€10.7m
€14.0m
▲ 30.3%
Amounts payable after more than one year17
€9.8m
€8.8m
€9.1m
€8.1m
€8.5m
▲ 5.0%
Financial debts170/4
€9.8m
€8.8m
€9.1m
€8.1m
€8.5m
▲ 5.0%
Credit institutions173
€9.8m
€8.8m
€9.1m
€8.1m
€8.5m
▲ 5.0%
Amounts payable within one year42/48
€8.9m
€9.9m
€7.5m
€2.6m
€5.4m
▲ 110%
Current portion of amounts payable after more than one year42
€389,929
€741,767
€1.2m
€1.0m
€1.7m
▲ 62.2%
Financial debts43
€4.8m
€4.8m
-
-
-
-
Other loans439
€4.8m
€4.8m
-
-
-
-
Trade debts44
€979,823
€1.1m
€2.6m
€1.1m
€3.6m
▲ 213%
Suppliers440/4
€979,823
€1.1m
€2.6m
€1.1m
€3.6m
▲ 213%
Advances received on contracts in progress46
€183,744
-
-
-
-
-
Taxes, remuneration and social security45
€233,432
€221,013
€246,339
€389,691
€164,164
▼ 57.9%
Taxes450/3
€83,114
€38,808
€119,136
€186,151
€73,348
▼ 60.6%
Remuneration and social security454/9
€150,318
€182,205
€127,203
€203,541
€90,816
▼ 55.4%
Other amounts payable47/48
€2.4m
€3.1m
€3.5m
-
-
-
Accrued charges and deferred income492/3
€95,931
€93,151
€81,928
€46,497
€51,939
▲ 11.7%
Line
2021
2022
2023
2024
2025
Change
Profit (loss) for the period9904
€2.4m
€3.1m
€3.5m
€4.2m
€4.1m
▼ 0.5%
+ Depreciation and write-downs630
€2.0m
€1.2m
€1.5m
€1.7m
€2.3m
▲ 41.1%
Operating cash flow (approximation)
€4.3m
€4.2m
€5.0m
€5.8m
€6.5m
▲ 11.4%
Investment in fixed assets (approximation)
-
-€1.5m
-€1.7m
-€1.2m
-€26,990
▲ 97.8%
Change in cash
-
€1.1m
-€3.8m
-€1.3m
€4,895
▲ 100%
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
State Gazette actResignations: Gert VAN DE WEGHE, Jan Joris Karel ADAM and 2 others
Reappointments: Jacques Hubert Jan Nicholas VANDERMEIREN (gewone niet statutaire bestuurder) and Jan Joris Karel ADAM (gewone niet statutaire bestuurder) · Appointments: Tom Peter HAUTEKIET, Guy Albert Chris JANSSENS and Daan Jacques Maria SCHALCK · Approval19 facts ▸
General meeting, 15-12-2023
Approval, bijzonder verslag van het bestuursorgaan, wijziging van de rechten verbonden aan elke soort ingevolge de uitgifte van nieuwe aandelen die niet evenredig aan het…
Approval, verslag van de commissaris, kapitaalsverhoging en uitgifte van nieuwe aandelen die niet evenredig aan het aantal uitgegeven aandelen binnen elke soort geschiedt…
Capital increase, €3.141.178,59
Purpose change, het bouwen, de aankoop, de commerciële uitbating, de overdracht van leidingen, de huur en de terbeschikkingstelling van gebruikers van transportmogelijkheden pe…
Statutes amendment
Capital, €15.706.405,57
Director resignation, Gert VAN DE WEGHE (director)
Director resignation, Jan Joris Karel ADAM (director)
Director resignation, Jacques Hubert Jan Nicholas VANDERMEIREN (director)
Director resignation, Michel Gustaaf Augusta LEYSEELE (director)
Director reappointment, Jacques Hubert Jan Nicholas VANDERMEIREN (gewone niet statutaire bestuurder)
+7 further facts in this act
2023
31-12
FinancialLiquidity triplescurrent ratio 2.93
Current ratio from 1.03 to 2.93; short-term debt falls from €9.9m to €7.5m.
Show earlier events
31-12
FinancialEquity above €25mEq €29.0m ▲99.4%
6 profitable years in a row build equity to €29.0m.
03-07
State Gazette actReappointments: Jacques Vandermeiren, Jan Adam and Gert Van de Weghe
4 facts ▸
General meeting, 02-05-2023
Director reappointment, Jacques Vandermeiren (director)
Director reappointment, Jan Adam (director)
Director reappointment, Gert Van de Weghe (director)
08-06
NBB filingAnnual accounts filed
fiscal year 2022 · full schema
2022
02-06
NBB filingAnnual accounts filed
fiscal year 2021 · full schema
2021
31-12
FinancialWeakest financial yearnet €2.4m ▼25.4%
Net result drops to €2.4m, the lowest in the series; recovery starts the following year.
12-07
State Gazette actResignation: Guy De Schrijver (director)
Appointment: Gert Van de Weghe (director) · Reappointment: BDO Bedrijfsrevisoren CVBA (statutory auditor) · Permanent representative: Michaël Delbeke5 facts ▸
General meeting, 04-05-2021
Director resignation, Guy De Schrijver (director)
Director appointment, Gert Van de Weghe (director)
Purpose change, De vennootschap heeft tot voorwerp, het bouwen, de aankoop, de commerciële uitbating, de overdracht van leidingen, de huur en de terbeschikkingstelling van gebr…
Statutes amendment
Statutes amendment
Statutes amendment
Capital, €12.565.226,98
Power of attorney, Sophie Maquet
Shareholding, Eigenaar van één bijzonder aandeel (nr. 160.461) met informatierechten en het recht om zich te verzetten tegen elke overdracht, zekerheidsstelling of veranderin…
2020
10-06
State Gazette actReappointments: Jacques Vandermeiren, Jan Adam and Guy De Schrijver
4 facts ▸
General meeting, 05-05-2020
Director reappointment, Jacques Vandermeiren (director)
Director reappointment, Jan Adam (director)
Director reappointment, Guy De Schrijver (director)
29-05
NBB filingAnnual accounts filed
fiscal year 2019 · full schema
2019
16-12
State Gazette actResignation: Guy De Schrijver (managing director)
Appointment: Michel Leyseele (managing director) · Mandate compensation4 facts ▸
Board meeting, 24/10/2019
Director resignation, Guy De Schrijver (managing director)
Director appointment, Michel Leyseele (managing director)
Mandate compensation, Michel Leyseele
28-06
State Gazette actReappointment: Michel Leyseele (director)
2 facts ▸
General meeting, 07-05-2019
Director reappointment, Michel Leyseele (director)
24-05
NBB filingAnnual accounts filed
fiscal year 2018 · full schema
22-01
State Gazette actResignation: Ernst & Young Bedrijfsrevisoren (statutory auditor)
Director reappointment, Pieter Bevernage (director)
Director reappointment, Marc De Pauw (director)
Director reappointment, Guy De Schrijver (director)
Director reappointment, Michaël Gillis (director)
Director reappointment, Koen Janssen (director)
Director reappointment, Alain Janssens (director)
Director reappointment, B&L Associates bvba (director)
Permanent representative, Brigitte Adriaensens
13-05
State Gazette actStatutes amendment
2 facts ▸
General meeting, 16-04-2014
Statutes amendment
2013
14-06
State Gazette actResignation: L. Martens (director)
Appointment: Michaël Gillis (director) · Reappointments: Christiaan De Groof (director) and Ernst & Young Reviseurs d'entreprises (statutory auditor) · Director discharge6 facts ▸
General meeting, 07-05-2013
Director resignation, L. Martens (director)
Director discharge, L. Martens
Director appointment, Michaël Gillis (director)
Director reappointment, Christiaan De Groof (director)
Auditor reappointment, Ernst & Young Reviseurs d'entreprises
2012
19-12
State Gazette actResignation: Louis Martens (director)
Appointment: Michaël Gillis (director)3 facts ▸
Board meeting, 08-10-2012
Director resignation, Louis Martens (director)
Director appointment, Michaël Gillis (director)
2011
20-06
State Gazette actResignations: Luc Bertrand (director) and Jacques Laurent (director)
Reappointments: Piet Bevernage, Koen Janssen and 4 others · Appointment: Louis Martens (director) · Permanent representative: Brigitte Adriaensens11 facts ▸
General meeting, 03-05-2011
Director resignation, Luc Bertrand (director)
Director resignation, Jacques Laurent (director)
Director reappointment, Piet Bevernage (director)
Director reappointment, Koen Janssen (director)
Director reappointment, Alain Janssens (director)
Director reappointment, Marc De Pauw (director)
Director reappointment, Guy De Schrijver (director)
Director reappointment, B & L Associates bvba (director)
Director appointment, Louis Martens (director)
Permanent representative, Brigitte Adriaensens
2010
09-06
State Gazette actResignation: Patrick Wailliez (director)
Appointment: Christiaan De Groof (director) · Reappointment: Ernst & Young Reviseurs d'entreprises (statutory auditor) · Director discharge5 facts ▸
General meeting, 04-05-2010
Director resignation, Patrick Wailliez (director)
Director discharge, Patrick Wailliez (director)
Director appointment, Christiaan De Groof (director)
Auditor reappointment, Ernst & Young Reviseurs d'entreprises
2005
14-01
State Gazette actCapital & shares · Statutes amendment · Miscellaneous
Capital · Power of attorney5 facts ▸
General meeting, 17-12-2004
Capital, €12.565.226,98
Statutes amendment
Statutes amendment
Power of attorney, NATIONALE MAATSCHAPPIJ DER PIJPLEIDINGEN
10-01
State Gazette actAppointment: Ernst & Young Bedrijfsrevisoren BCVBA (statutory auditor)
Permanent representative: Patrick Rottiers2 facts ▸
Auditor appointment, Ernst & Young Bedrijfsrevisoren BCVBA (statutory auditor)
Permanent representative, Patrick Rottiers
2004
09-07
State Gazette actResignation: Jan Suykens (director)
Appointment: Koen Janssen (director) · Reappointment: Ernst & Young (statutory auditor) · Permanent representative: Boudewijn Van Ussel5 facts ▸
General meeting, 04-05-2004
Director resignation, Jan Suykens (director)
Director appointment, Koen Janssen (director)
Auditor reappointment, Ernst & Young
Permanent representative, Boudewijn Van Ussel
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.An act published in both Dutch and French appears here once.
31 of 31 acts read
Directors · office · real estate
Directors and office
Who runs the company and where it is based. It tells you who you are talking to and whether the address checks out.
Directors
Directors
Who runs the company today and since when, grouped the way the CBE groups its function holders. Many recent board changes are a reason to keep a close eye.
6 directors, 1 in day-to-day management, no change since 2025
Statutory auditor · since 30-11-2018 · perm. rep.: Michaël Delbeke
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Location & real-estate footprint
Location & real estate
Where the company is based and which parcels are linked to its addresses. An address shared by many companies is often a registered-office service.
1 of 2 parcels 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: expect extra rules on renovation or sale.
Mandate history
Mandate history
Who held which function and when, per person: one bar per period, from appointment to resignation or to today. An open left edge means the mandate began before the oldest act we hold.
De vennootschap heeft tot voorwerp, het bouwen, de aankoop, de commerciële uitbating, de overdracht van leidingen, de huur en de terbeschikkingstelling van gebruikers van…
Full purpose
De vennootschap heeft tot voorwerp, het bouwen, de aankoop, de commerciële uitbating, de overdracht van leidingen, de huur en de terbeschikkingstelling van gebruikers van transportmogelijkheden per pijpleiding, evenals elke andere vergelijkbare of aanvullende activiteiten, met uitzondering van het vervoer van gasvormige brandbare producten hoofdzakelijk uit methaan samengesteld met uitzondering van mijngas. Met het oog op de ondersteuning van haar voorwerp, mag de vennootschap om het even welke handels-, financiële, roerende of onroerende verrichtingen doen.
Who owns the company and which companies it holds shares in, as the companies file it in their annual accounts. It shows which group it belongs to and who ultimately stands behind it.
According to the 2025 annual accounts of PIPELINK and those 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
Connections & network
Which other companies are linked to this one through directors or shares. Look especially for linked companies in trouble.
34 connected companies
Depth
Shared directors
This companyCompanyDirectorShareholding+N: links not shown yetClick a node to look further, drag to arrange, scroll to zoom.