ACTIVE

PIPING PRODUCTS DISTRIBUTION

Financial year 2024 · Closed on 31/12/2024

Net result6,4 k €-75,8 %over 1 year
Gross margin335,6 k €+5,2 %over 1 year
Equity300,2 k €+2,2 %over 1 year

Identity

Source · BCE/KBO

PIPING PRODUCTS DISTRIBUTION is a Private limited company incorporated in 1994. Its main activity is: Wholesale of metals and metal ores. Its registered office is in Willebroek.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0452.169.458
Incorporation
11/03/1994
Legal form
Private limited company
Registered office
Molenweg 92 box B
2830 Willebroek · FlandreSee on map
Contributed capital
18 750,00 €
Latest accounts
31/12/2024
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 5 financial years

20242023202220212017
Income statement
Gross margin335,6 k €318,9 k €302,9 k €151,1 k €168,6 k €
EBITDA20,6 k €43,7 k €105,9 k €-30,2 k €7,3 k €
Operating result8,1 k €32,2 k €86,5 k €-45,1 k €-44,6 k €
Net result6,4 k €26,4 k €64 k €-46,6 k €-40,9 k €
Balance sheet
Equity300,2 k €293,8 k €267,5 k €203,5 k €225,2 k €
Total assets962,3 k €1,2 M €1,4 M €774,2 k €1,3 M €
Cash12,4 k €36,2 k €39,4 k €25,7 k €47,3 k €
Debts662,1 k €885,8 k €1,2 M €570,7 k €1,1 M €
Other
Workforce––––3,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 5 ended

Active mandates

Julien Dubb

Mandate

Active

Ended mandates

Julien Dub

Director · since 06 septembre 2022

Ended
Albert Reginald Smeets

Director · since 19 août 2002

Ended
Bert Smeets

Director · since 19 août 2002

Ended
Sabine Verbelen

Director

Ended

Other companies at this address

Molenweg 92 2830 Willebroek
CompanyCBE no.
IRIX GROUP● Active
0427.873.631
REB - BOUW● Bankrupt
0446.487.832

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/10/202101/10/202001/10/201901/10/2018
Closing of the financial year31/12/202431/12/202331/12/202230/09/202130/09/202030/09/2019
Length of the financial year12 months12 months15 months12 months12 months12 months
Filing date28/09/202528/09/202405/02/202413/04/202227/10/202124/11/2020
General meeting28/02/202523/02/202424/02/202325/02/202226/02/202128/02/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202428/02/202528/09/2025DutchPDF
Abridged model31/12/202323/02/202428/09/2024DutchPDF
Abridged model31/12/202224/02/202305/02/2024DutchPDF
Abridged model30/09/202125/02/202213/04/2022DutchPDF
Abridged model30/09/202026/02/202127/10/2021DutchPDF
Abridged model30/09/201928/02/202024/11/2020DutchPDF
Abridged model30/09/201822/02/201929/04/2019DutchPDF
Abridged model30/09/201723/02/201819/09/2018DutchPDF
Abridged model30/09/201624/02/201729/03/2017DutchPDF
Abridged model30/09/201526/02/201628/09/2016DutchPDF
Abridged model30/09/201427/02/201501/09/2015DutchPDF
Abridged model30/09/201328/02/201418/04/2014DutchPDF
Abridged model30/09/201222/02/201330/04/2013DutchPDF
Abridged model30/09/201124/02/201210/07/2012DutchPDF
Abridged model30/09/201025/02/201131/03/2011DutchPDF
Abridged model30/09/200926/02/201030/03/2010DutchPDF
Abridged model30/09/200820/03/200924/03/2009DutchPDF
Abridged model30/09/200729/02/200822/04/2008DutchPDF
Abridged model30/09/200623/02/200722/05/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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.

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 5 ended

Active mandates

Julien Dubb

Mandate

Active

Ended mandates

Julien Dub

Director · since 06 septembre 2022

Ended
Albert Reginald Smeets

Director · since 19 août 2002

Ended
Bert Smeets

Director · since 19 août 2002

Ended
Sabine Verbelen

Director

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates21/09/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates15/01/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other27/05/2019
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office14/02/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates19/09/2002
    ONTSLAGEN - BENOEMINGEN - BENAMING - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - MAATSCHAPPELIJKE ZETEL
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 20246,4 k €↓
  2. 2023
    Annual accounts 202326,4 k €↓
  3. 2022
    Annual accounts 202264 k €↑
  4. 2021
    Annual accounts 2021-46,6 k €↓
  5. 2017
    Annual accounts 2017-40,9 k €
  6. 11/03/1994
    IncorporationPrivate limited company