ACTIVE

E-PIPE BENELUX

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Financial year 2025 · closed on 31/12/2025
Net result
21 k €
-80.4% YoY
Gross margin
1,5 M €
+2.5% YoY
Equity
741,6 k €
+2.9% YoY
Workforce
17,8 ETP
+12.7% YoY

What does E-PIPE BENELUX do?

E-PIPE BENELUX is a Private limited company incorporated in 2011. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Harelbeke. It employs on average 17,8 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0835.067.060
Incorporation
21/03/2011
Legal form
Private limited company
Registered office
Kleine Waregemsestraat 31
8530 Harelbeke · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
17,8 ETP
Activities (NACE)
43221Plumbing, heat and air-conditioning installation· main43221Plumbing, heat and air-conditioning installation43222Plumbing, heat and air-conditioning installation43222Plumbing, heat and air-conditioning installation43221Plumbing, heat and air-conditioning installation43221Plumbing, heat and air-conditioning installation+6
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720162015201420132012
Income statement
Gross margin1,5 M €1,5 M €1,1 M €1,1 M €911,8 k €1,5 M €1,1 M €954,4 k €788,3 k €865 k €800,9 k €885,2 k €633,3 k €444,6 k €
EBITDA174,7 k €307,1 k €190,1 k €258,1 k €43,7 k €416,6 k €348,4 k €272,8 k €96,8 k €143,7 k €145,4 k €219,7 k €199,1 k €155 k €
Operating result43,1 k €158,6 k €84,7 k €164,7 k €46,1 k €324,6 k €251,1 k €178,6 k €34,3 k €28,2 k €31,2 k €73,3 k €62,6 k €41,3 k €
Net result21 k €106,9 k €50,6 k €121,1 k €29,1 k €282 k €213,6 k €140,6 k €17 k €14,1 k €15,9 k €38 k €32,1 k €20,9 k €
Balance sheet
Equity741,6 k €720,7 k €613,8 k €563,1 k €442,1 k €413 k €295,2 k €207,7 k €156,6 k €139,6 k €125,5 k €109,7 k €71,6 k €27,1 k €
Total assets1,3 M €1,6 M €1,1 M €1,1 M €927,9 k €1,1 M €968,5 k €873,1 k €676,1 k €642,2 k €762,8 k €765,4 k €558,6 k €501,9 k €
Cash376,8 k €452,8 k €251 k €331,4 k €321,7 k €496,9 k €191,8 k €192,5 k €161,7 k €45,5 k €93,4 k €149,2 k €35,9 k €42,1 k €
Debts420,1 k €679,5 k €421,3 k €399,3 k €393,5 k €503,2 k €469,2 k €446,1 k €331,2 k €374,8 k €520,5 k €548,7 k €487 k €474,8 k €
Other
Workforce17,8 ETP15,8 ETP12,7 ETP12,4 ETP12,3 ETP11,3 ETP11,6 ETP10,0 ETP9,7 ETP12,8 ETP12,2 ETP11,1 ETP9,1 ETP5,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

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

Active mandates

Add Blue Capital Services

Director · 0784.343.978

Represented by THOMAS DE WAELE

Active
KOMBUST

Director · 0474.841.427

Represented by DANNY ONGENAE

Active

Ended mandates

Add Blue Capital Services

Director · since 16 mars 2023 · 0784.343.978

Represented by THOMAS DE WAELE

Ended
MAGALI DE CONINCK

Manager · since 01 janvier 2019

Ended
KOMBUST

Manager · since 21 mars 2011 · 0474.841.427

Represented by DANNY ONGENAE

Ended
KOMBUST

Manager · since 21 mars 2011 · 0474.841.427

Represented by DANNY ONGENAE

Ended
At this address

Other companies at this address

CompanyCBE no.
Pipeprotector● Active
0568.469.488
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/07/2019
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 months18 months
Filing date17/07/202629/07/202514/07/202427/07/202325/07/202226/07/2021
General meeting20/06/202621/06/202515/06/202417/06/202318/06/202219/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202520/06/202617/07/2026DutchPDF
Abridged model31/12/202421/06/202529/07/2025DutchPDF
Abridged model31/12/202315/06/202414/07/2024DutchPDF
Abridged model31/12/202217/06/202327/07/2023DutchPDF
Abridged modelCorrection31/12/202118/06/202225/07/2022DutchPDF
Abridged model31/12/202118/06/202202/07/2022DutchPDF
Abridged model31/12/202019/06/202126/07/2021DutchPDF
Abridged model30/06/201921/12/201913/02/2020DutchPDF
Abridged model30/06/201815/12/201831/01/2019DutchPDF
Abridged model30/06/201716/12/201727/02/2018DutchPDF
Abridged model30/06/201617/12/201628/01/2017DutchPDF
Abridged model30/06/201519/12/201515/01/2016DutchPDF
Abridged model30/06/201420/12/201414/01/2015DutchPDF
Abridged model30/06/201321/12/201322/01/2014DutchPDF
Abridged model30/06/201215/12/201228/02/2013DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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

Add Blue Capital Services

Director · 0784.343.978

Represented by THOMAS DE WAELE

Active
KOMBUST

Director · 0474.841.427

Represented by DANNY ONGENAE

Active

Ended mandates

Add Blue Capital Services

Director · since 16 mars 2023 · 0784.343.978

Represented by THOMAS DE WAELE

Ended
MAGALI DE CONINCK

Manager · since 01 janvier 2019

Ended
KOMBUST

Manager · since 21 mars 2011 · 0474.841.427

Represented by DANNY ONGENAE

Ended
KOMBUST

Manager · since 21 mars 2011 · 0474.841.427

Represented by DANNY ONGENAE

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates10/05/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/03/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/07/2020
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates25/03/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office03/05/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office19/09/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office23/12/2011
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other13/04/2011
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 202521 k €↓
  2. 2024
    Annual accounts 2024106,9 k €↑
  3. 2023
    Annual accounts 202350,6 k €↓
  4. 2022
    Annual accounts 2022121,1 k €↑
  5. 2021
    Annual accounts 202129,1 k €↓
  6. 2020
    Annual accounts 2020282 k €↑
  7. 2019
    Annual accounts 2019213,6 k €↑
  8. 2018
    Annual accounts 2018140,6 k €↑
  9. 2017
    Annual accounts 201717 k €↑
  10. 2016
    Annual accounts 201614,1 k €↓
  11. 2015
    Annual accounts 201515,9 k €↓
  12. 2014
    Annual accounts 201438 k €↑
  13. 2013
    Annual accounts 201332,1 k €↑
  14. 2012
    Annual accounts 201220,9 k €
  15. 21/03/2011
    IncorporationPrivate limited company