Turnover
≈ €140,000 estimated
The micro format states no turnover.
PIPING & CONSTRUCTIONS
Lifetime
14 annual accounts with figures on one time axispeak €54,772 (2023)
€21,280▲ 93.2%
lowest -€7,427 (2024)
€6,711▲ €14,139
peak €129,829 (2023)
€129,114▲ 5.5%
€5,460▼ 83.2%
Board1 name since 2021
1 directorREYNDERS Andy
Documentsfilings and deeds
17-07-202614 days before the deadline
2025micro format
Gross margin from €11,013 to €21,280Back to profit: €6,711Debts from €32,528 to €5,460
Key points
from the 2025 annual accountsLiquidity
14.06 was 2.71 in 2024
Short-term debts fell from €31,780 to €5,460.
Position in the sector
95.9%
Higher solvency than 95% of companies in fabricated metal products. Sector median 44.2% · 2,343 companies.
Checked score
72
Healthy
Financially stronger than 72% of micro companies in fabricated metal products (NACE 25)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 3,709 companies (NACE 25, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.6%
01-2025: 0.6%● unchanged vs 12-2024
02-2025: 0.6%● unchanged vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025lowest value
04-2025: 0.6%● unchanged vs 03-2025
05-2025: 0.6%● unchanged vs 04-2025
06-2025: 0.6%● unchanged vs 05-2025
07-2025: 0.7%▲ +0.1 percentage points vs 06-2025
08-2025: 1.7%▲ +1.0 percentage point vs 07-2025
09-2025: 1.7%● unchanged vs 08-2025
10-2025: 1.7%● unchanged vs 09-2025
11-2025: 1.7%● unchanged vs 10-2025
12-2025: 1.7%● unchanged vs 11-2025
01-2026: 1.7%● unchanged vs 12-2025highest value
02-2026: 1.7%● unchanged vs 01-2026highest value
03-2026: 1.7%● unchanged vs 02-2026highest value
04-2026: 1.7%● unchanged vs 03-2026
05-2026: 1.7%● unchanged vs 04-2026
06-2026: 1.6%▼ -0.1 percentage points vs 05-2026
07-2026: 1.6%● unchanged vs 06-2026
08-2026: 0.6%▼ -1.0 percentage point vs 07-2026
09-2026: 0.6%● unchanged vs 08-2026
10-2026: 0.6%● unchanged vs 09-2026
11-2026: 0.6%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 14.06
Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
Size: total assets €134,574
lowers risk
Founded in 2011
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 25, micro). It does better than 90% of them on solvency, 98% on liquidity, 50% on profitability and 50% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 10,904 companies had the same profile as PIPING & CONSTRUCTIONS has now. Each dot stands for 28 companies, two years later.
95.1%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of PIPING & CONSTRUCTIONS itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 10,904 companies, not a prediction for PIPING & CONSTRUCTIONS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 14.06 (2.71 in 2024), above the usual 1.5. Short-term debt is 4.1% of total assets. 4.1% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 days early
2024
9 days early
2023
7 days early
2022
31 days late
2021
1 day early
2020
30 days early
2019
30 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 9 days before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0839011990
1 manager resigning, 1 director reappointed
Resignation: REYNDERS Andy (bestuurder,voorheen zaakvoerder genaamd) · Reappointment: REYNDERS Andy (director) · Permanent representative: REYNDERS Andy · General meeting of 04-12-2023 · Gazette deed
Incorporation
published on 07-09-2011 · Gazette deed
First establishment
Kerkstraat 25, Tessenderlo-Ham
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PIPING & CONSTRUCTIONS Tessenderlo-Ham | €134,574 | €21,280 | 95.9% | - |
| RBSE Lommel | €129,537 | €27,611 | 96.3% | - |
| MONFORT Emile Manhay | €126,116 | €23,794 | 14.2% | - |
| Industriële Laswerken Put Benny Lummen | €98,376 | €24,969 | 40.9% | - |
| HOEVE Lummen | €107,887 | €33,855 | 23.2% | - |
| Alliance Engineering Solutions Beyne-Heusay | €144,589 | €16,675 | 83.5% | - |
| EXENTRIC Kortrijk | €134,208 | €14,974 | 53.9% | - |
These companies have the same main activity as PIPING & CONSTRUCTIONS: machining of metals (NACE 25530). They are comparable in size and age: total assets between €98,400 and €145,000, founded between 2007 and 2014.
Official details
Source: KBO- Status
- Active since 05-09-2011Normal situation
- Activity
- Machining of metalsNACE 25530and 2 others
- Establishment unit
- 2.204.243.5393945 Tessenderlo-Ham, since 05-09-2011
- Financial year end
- 31 December
- Peppol
- Reachable since 15-12-2025
Annual accounts 2025
- €134,574▼ 13.1%
- Filing
- Filed on 17-07-2026, 14 days before the end of the filing period
Insights on PIPING & CONSTRUCTIONS
PIPING & CONSTRUCTIONS files the micro format. That format states no turnover. The gross margin fell from €30,696 in 2012 to €21,280 in 2025.
The balance sheet grew most from 2021 to 2023 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PIPING & CONSTRUCTIONS
- What is the company number of PIPING & CONSTRUCTIONS?
- The company number of PIPING & CONSTRUCTIONS is 0839.011.990. The VAT number is the same number with BE in front: BE 0839.011.990.
- Where is PIPING & CONSTRUCTIONS based?
- The registered office is at Kerkstraat 25, 3945 Tessenderlo-Ham.Company details
- What does PIPING & CONSTRUCTIONS do?
- According to the KBO register, the main activity is machining of metals (NACE 25530).
- What is the legal form of PIPING & CONSTRUCTIONS?
- PIPING & CONSTRUCTIONS is a private limited company (BV).
- When was PIPING & CONSTRUCTIONS founded?
- PIPING & CONSTRUCTIONS was founded on 05-09-2011.
- Is PIPING & CONSTRUCTIONS still active?
- Yes, PIPING & CONSTRUCTIONS is an active enterprise in the KBO register.
- What is the turnover of PIPING & CONSTRUCTIONS?
- The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €21,280 and 35 comparable companies (NACE 25). It probably lies between €61,000 and €280,000. It is a rough estimate.Financials
- Is PIPING & CONSTRUCTIONS profitable?
- In financial year 2025, PIPING & CONSTRUCTIONS made a profit of €6,711.
- Where can I find the annual accounts of PIPING & CONSTRUCTIONS?
- PIPING & CONSTRUCTIONS filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PIPING & CONSTRUCTIONS due?
- PIPING & CONSTRUCTIONS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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