ACTIVE

PIPING LOGISTICS

Financial year 2025 · closed on 31/12/2025
Net result
2 M €
+174.6% YoY
Revenue
20,8 M €
+29.3% YoY
Equity
4,5 M €
+18.1% YoY
Workforce
17,0 ETP
+16.4% YoY

What does PIPING LOGISTICS do?

PIPING LOGISTICS is a Private limited company incorporated in 1988. Its main activity is: Wholesale of hardware, plumbing and heating equipment and supplies. Its registered office is in Aalst. It employs on average 17,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0433.328.692
Incorporation
01/02/1988
Legal form
Private limited company
Registered office
Industrielaan 27
9320 Aalst · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
17,0 ETP
Joint committees (2)
  • 1240
  • 2000
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120192018201720162015201420132012201120102009200820072006
Income statement
Revenue20,8 M €16,1 M €
EBITDA2,8 M €1 M €2,9 M €1,6 M €965,9 k €-33,2 k €19,2 k €-1,9 k €-2,6 k €-2,1 k €1,9 k €-2,3 k €-3,9 k €-9,6 k €10,2 k €-14,8 k €5,1 k €-3,5 k €-4,4 k €
Operating result2,7 M €1,2 M €2,5 M €1,6 M €959,2 k €-33,2 k €12,4 k €-1,9 k €-2,6 k €-2,1 k €1,9 k €-2,3 k €-3,9 k €-9,6 k €10,2 k €-14,8 k €5,1 k €-3,5 k €-4,4 k €
Net result2 M €710,3 k €1,6 M €1,3 M €739,8 k €-33,4 k €7,2 k €-2 k €-3,4 k €-2,2 k €1,5 k €-2,4 k €-790,1 €-9,8 k €6,7 k €311,1 k €4,6 k €-5 k €-6 k €
Balance sheet
Equity4,5 M €3,8 M €3,2 M €1,6 M €743,7 k €-24,7 k €8,6 k €1,4 k €3,4 k €6,8 k €9 k €7,5 k €9,9 k €10,7 k €20,5 k €13,8 k €-297,3 k €-301,9 k €-296,8 k €
Total assets14,9 M €11,9 M €10,8 M €8,2 M €6 M €837,2 k €34,3 k €4 k €12 k €23,1 k €24,8 k €19,7 k €29 k €34,1 k €47,9 k €35 k €135,6 k €135,6 k €135,6 k €
Cash475,5 k €379,5 k €819,6 k €359,3 k €207,6 k €8,3 k €139,8 €40 €3,1 k €3,3 k €273,4 €8,1 €5,7 €263,2 €40,4 €
Debts10,2 M €8 M €7,2 M €6,5 M €5,3 M €862 k €25,7 k €2,6 k €8,6 k €16,3 k €15,8 k €12,2 k €19 k €23,4 k €27,4 k €21,2 k €432,9 k €437,4 k €432,4 k €
Other
Workforce17,0 ETP14,6 ETP11,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

JERRY DS CONSULT

Director · since 01 octobre 2022 · 0505.645.954

Represented by Jeroen De Smedt

Active
PREMIUM CONSULTING

Director · since 01 juillet 2020 · 0631.971.529

Represented by Laura SAELENS

Active

Ended mandates

JERRY DS CONSULT

Director · since 01 octobre 2022 · 0505.645.954

Represented by Jeroen DE SMEDT

Ended
JERRY DS CONSULT

Director · since 29 septembre 2022 · 0505.645.954

Represented by Jeroen DE SMEDT

Ended
PREMIUM CONSULTING

Director · since 01 juillet 2020 · 0631.971.529

Represented by Saelens LAURA

Ended
Laura Saelens

Director · since 16 février 2018

Ended
At this address

Other companies at this address

CompanyCBE no.
ALL ROUNDActive
0431.071.859
B & AActive
0462.369.702
GLOBISActive
0466.065.895
Globis InvestActive
0630.660.445
ROLTEXActive
0870.528.082
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelAbridged modelAbridged modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date19/06/202602/07/202526/08/202418/07/202315/06/202214/07/2021
General meeting01/06/202630/06/202524/06/202419/06/202307/06/202207/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202501/06/202619/06/2026DutchPDF
Full model31/12/202430/06/202502/07/2025DutchPDF
Abridged model31/12/202324/06/202426/08/2024DutchPDF
Abridged model31/12/202219/06/202318/07/2023DutchPDF
Micro model31/12/202107/06/202215/06/2022DutchPDF
Micro model31/12/202007/06/202114/07/2021DutchPDF
Micro model31/12/201902/06/202007/07/2020DutchPDF
Micro model31/12/201803/06/201918/07/2019DutchPDF
Micro model31/12/201704/06/201825/06/2018DutchPDF
Micro model31/12/201606/06/201708/09/2017DutchPDF
Abridged model31/12/201506/06/201626/09/2016DutchPDF
Abridged model31/12/201401/06/201531/07/2015DutchPDF
Abridged model31/12/201302/06/201430/07/2014DutchPDF
Abridged model31/12/201203/06/201320/12/2013DutchPDF
Abridged model31/12/201104/06/201226/09/2012DutchPDF
Abridged model31/12/201006/06/201117/11/2011DutchPDF
Abridged model31/12/200907/06/201018/10/2010DutchPDF
Abridged model31/12/200801/06/200906/11/2009DutchPDF
Abridged model31/12/200702/06/200813/11/2008DutchPDF
Abridged model31/12/200604/06/200719/09/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

JERRY DS CONSULT

Director · since 01 octobre 2022 · 0505.645.954

Represented by Jeroen De Smedt

Active
PREMIUM CONSULTING

Director · since 01 juillet 2020 · 0631.971.529

Represented by Laura SAELENS

Active

Ended mandates

JERRY DS CONSULT

Director · since 01 octobre 2022 · 0505.645.954

Represented by Jeroen DE SMEDT

Ended
JERRY DS CONSULT

Director · since 29 septembre 2022 · 0505.645.954

Represented by Jeroen DE SMEDT

Ended
PREMIUM CONSULTING

Director · since 01 juillet 2020 · 0631.971.529

Represented by Saelens LAURA

Ended
Laura Saelens

Director · since 16 février 2018

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates14/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other21/05/2024
    BENAMING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN
    PDF
  • Mandates27/10/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/01/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/02/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other01/10/2019
    DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Registered office06/09/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other27/06/2019
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - DIVERSEN - ALGEMENE VERGADERING
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 20252 M €
  2. 2024
    Annual accounts 2024710,3 k €
  3. 2023
    Annual accounts 20231,6 M €
  4. 2022
    Annual accounts 20221,3 M €
  5. 2021
    Annual accounts 2021739,8 k €
  6. 2019
    Annual accounts 2019-33,4 k €
  7. 2018
    Annual accounts 20187,2 k €
  8. 2018
    Name changePiping Logistics
  9. 2017
    Annual accounts 2017-2 k €
  10. 2016
    Annual accounts 2016-3,4 k €
  11. 2015
    Annual accounts 2015-2,2 k €
  12. 2014
    Annual accounts 20141,5 k €
  13. 2013
    Annual accounts 2013-2,4 k €
  14. 2012
    Annual accounts 2012-790,1 €
  15. 2011
    Annual accounts 2011-9,8 k €
  16. 2010
    Annual accounts 20106,7 k €
  17. 2009
    Annual accounts 2009311,1 k €
  18. 2008
    Annual accounts 20084,6 k €
  19. 2007
    Annual accounts 2007-5 k €
  20. 2006
    Annual accounts 2006-6 k €
  21. 2006
    Name changeDE PREST COLLECTIONS
  22. 01/02/1988
    IncorporationPrivate limited company