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Piping & Process Solutions

Active
Private limited companyfounded 2011active for 15 yearsLarenstraat 90, 3560 Lummen, BelgiumKBO/BCE: BE 0832.689.570
Summary

Piping & Process Solutions has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.6m and a net result of €308,477. Equity is growing by about 29% per year across the filed financial years. Its solvency ranks better than 62% of 10,760 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

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Piping & Process SolutionsActiveChecked score 96/100
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Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
PIPING & PROCESS SOLUTIONS
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, 3560 Lummen,Larenstraat 90” (deed in Dutch)

deed of 16-11-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Met of zonder beperking van duur, statutair bestuurder mogelijk indien benoemd in statuten, 1” (deed in Dutch)
1 more provision on this in the deed

deed of 16-11-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Last Friday of November at 18:00

deed of 16-11-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Winstverdeling-reserves, helft gereserveerd en helft uitgekeerd voor zover voldaan aan wettelijke uitkeringsvoorwaarden bij gebrek aan…” (deed in Dutch)
Other provision: “Uitkeringen uit winst lopende boekjaar of winst voorgaande boekjaar voor zover jaarrekening nog niet goedgekeurd, interimdividend” (deed in Dutch)
Other provision: “Gelijk recht winst en uitkeringen” (deed in Dutch)
Other provision: “Geen uitkering indien netto-actief negatief of daardoor negatief, bij onbeschikbaar eigen vermogen geen uitkering indien netto-actief…” (deed in Dutch)
7 more provisions in the deed, see the deed of 16-11-2023

deed of 16-11-2023

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