BSI Pipe Systems
0892.546.191 · rovalta.com · 22/09/2026
ACTIVE
BSI Pipe Systems
Financial year 2025 · closed on 31/12/2025
Net result
-427,7 k €
-435.4% YoY
Revenue
6 M €
Equity
5,2 M €
+226.9% YoY
Workforce
14,2 ETP
Overview
What does BSI Pipe Systems do?
BSI Pipe Systems is a Public limited company incorporated in 2007. Its main activity is: Manufacture of plastic plates, sheets, tubes and profiles. Its registered office is in Seneffe. It employs on average 14,2 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0892.546.191
Incorporation
04/10/2007
Legal form
Public limited company
Registered office
Rue George Stephenson 25
7180 Seneffe · WallonieSee on map
7180 Seneffe · WallonieSee on map
Contributed capital
6 096 301,91 €
Latest accounts
31/12/2025
Average workforce
14,2 ETP
Activities (NACE)
Joint committees (3)
- 111
- 116
- 207
Signals
Solid equityLow riskGood liquidityPositive EBITDAHealthy social debtsHigh revenue
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Financials
Trend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| Revenue | 6 M € | – | – | – | – | – | – | – | – | – | 166 k € | 0.0% | 166 k € | 0.0% | 166 k € | -8.2% | 180,8 k € | +20.0% | 150,6 k € | -9.3% | 166 k € | – | – | ||||||||||||
| EBITDA | 113,4 k € | +51.6% | 74,8 k € | -53.2% | 159,7 k € | -0.3% | 160,3 k € | +114% | 74,7 k € | -23.7% | 98 k € | -29.6% | 139,1 k € | -11.2% | 156,6 k € | -1.5% | 159 k € | -1.5% | 161,4 k € | -6.2% | 172 k € | +12.0% | 153,6 k € | +7.0% | 143,6 k € | -15.2% | 169,2 k € | +23.9% | 136,6 k € | -5.5% | 144,5 k € | +140% | -360,5 k € | -3531% | 10,5 k € |
| Operating result | -295,4 k € | -495% | 74,8 k € | -53.2% | 159,7 k € | -0.3% | 160,3 k € | +114% | 74,7 k € | -23.7% | 98 k € | -26.5% | 133,3 k € | +29.7% | 102,7 k € | +283% | -56,1 k € | -0.1% | -56,1 k € | -23.4% | -45,4 k € | +28.9% | -63,9 k € | +15.5% | -75,6 k € | -50.1% | -50,3 k € | +40.4% | -84,4 k € | -9.7% | -76,9 k € | +86.6% | -575,7 k € | -268% | -156,3 k € |
| Net result | -427,7 k € | -435% | 127,5 k € | -37.0% | 202,3 k € | +17.7% | 172 k € | +108% | 82,7 k € | -19.0% | 102 k € | -25.5% | 136,9 k € | +26.3% | 108,4 k € | +311% | -51,4 k € | +11.6% | -58,2 k € | -13.1% | -51,4 k € | +27.2% | -70,6 k € | +24.1% | -93 k € | -22.4% | -76 k € | +28.5% | -106,3 k € | +0.1% | -106,3 k € | +82.9% | -622,1 k € | -268% | -168,9 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | 5,2 M € | +227% | 1,6 M € | +8.7% | 1,5 M € | +16.1% | 1,3 M € | +15.8% | 1,1 M € | +8.2% | 1 M € | +11.3% | 903,2 k € | +17.9% | 766,3 k € | +16.5% | 657,9 k € | -7.2% | 709,3 k € | -7.6% | 767,5 k € | -6.3% | 818,9 k € | -7.9% | 889,5 k € | -9.5% | 982,4 k € | -7.2% | 1,1 M € | -9.1% | 1,2 M € | -8.4% | 1,3 M € | -32.9% | 1,9 M € |
| Total assets | 9,6 M € | +501% | 1,6 M € | +8.4% | 1,5 M € | +16.1% | 1,3 M € | +15.7% | 1,1 M € | +7.8% | 1 M € | +12.0% | 903,5 k € | +17.8% | 767,2 k € | -0.2% | 768,4 k € | -6.1% | 817,9 k € | -8.6% | 894,9 k € | -54.2% | 2 M € | -1.6% | 2 M € | -2.7% | 2 M € | -5.1% | 2,2 M € | -3.1% | 2,2 M € | -7.8% | 2,4 M € | -16.0% | 2,9 M € |
| Cash | 84 k € | +78.6% | 47 k € | +359% | 10,2 k € | -79.3% | 49,5 k € | +22.9% | 40,3 k € | -42.1% | 69,6 k € | -78.0% | 316,3 k € | -16.6% | 379,1 k € | +31784% | 1,2 k € | +1460% | 76,2 € | -60.5% | 192,9 € | -84.7% | 1,3 k € | +848% | 133,2 € | -80.5% | 683,8 € | -52.8% | 1,4 k € | -36.6% | 2,3 k € | -90.5% | 24 k € | +3.1% | 23,3 k € |
| Debts | 4,4 M € | – | 3,7 k € | +26.1% | 2,9 k € | -7.8% | 3,2 k € | -52.3% | 6,6 k € | +2198% | 287,5 € | -69.0% | 928 € | -99.1% | 108,5 k € | +2.3% | 106,1 k € | +6.0% | 100 k € | -90.8% | 1,1 M € | +3.0% | 1,1 M € | +3.0% | 1 M € | -3.3% | 1,1 M € | +4.1% | 1 M € | -7.0% | 1,1 M € | +15.0% | 957,1 k € | ||
| Other | |||||||||||||||||||||||||||||||||||
| Workforce | 14,2 ETP | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 4,9 ETP | -53.8% | 10,6 ETP | ||||||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 4 active · 30 ended
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
B.S.I.● Active | 0893.134.725 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 08/07/2026 | 09/07/2025 | 16/07/2024 | 30/06/2023 | 10/06/2022 | 14/07/2021 |
| General meeting | 27/06/2026 | 09/05/2025 | 10/05/2024 | 12/05/2023 | 13/05/2022 | 28/06/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
18 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 27/06/2026 | 08/07/2026 | French | |
| Abridged model | 31/12/2024 | 09/05/2025 | 09/07/2025 | French | |
| Abridged model | 31/12/2023 | 10/05/2024 | 16/07/2024 | French | |
| Abridged model | 31/12/2022 | 12/05/2023 | 30/06/2023 | French | |
| Abridged model | 31/12/2021 | 13/05/2022 | 10/06/2022 | French | |
| Abridged model | 31/12/2020 | 28/06/2021 | 14/07/2021 | French | |
| Abridged model | 31/12/2019 | 30/06/2020 | 27/07/2020 | French | |
| Abridged model | 31/12/2018 | 11/06/2019 | 03/07/2019 | French | |
| Abridged model | 31/12/2017 | 29/06/2018 | 16/07/2018 | French | |
| Abridged model | 31/12/2016 | 29/06/2017 | 24/07/2017 | French | |
| Full model | 31/12/2015 | 16/09/2016 | 27/09/2016 | French | |
| Full model | 31/12/2014 | 30/06/2015 | 24/07/2015 | French | |
| Full model | 31/12/2013 | 24/10/2014 | 30/10/2014 | French | |
| Full model | 31/12/2012 | 30/08/2013 | 30/09/2013 | French | |
| Full model | 31/12/2011 | 28/09/2012 | 12/10/2012 | French | |
| Full model | 31/12/2010 | 30/06/2011 | 22/07/2011 | French | |
| Abridged model | 31/12/2009 | 30/06/2010 | 28/07/2010 | French | |
| Abridged model | 31/12/2008 | 15/05/2009 | 12/06/2009 | French |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 0 € and 100 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 4 active · 30 ended
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates07/08/2026DEMISSIONS, NOMINATIONS
- Restructuring29/12/2025CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
- Capital / shares24/10/2025OBJET - CAPITAL, ACTIONS
- Capital / shares24/07/2025CAPITAL, ACTIONS
- Other28/05/2025STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates22/11/2024DENOMINATION - OBJET
- Restructuring26/06/2024CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
- Restructuring14/05/2024RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - DIVERS
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-427,7 k €↓
- 2024Annual accounts 2024127,5 k €↓
- 2024Name changeBsi Pipe Systems
- 2023Annual accounts 2023202,3 k €↑
- 2022Annual accounts 2022172 k €↑
- 2021Annual accounts 202182,7 k €↓
- 2020Annual accounts 2020102 k €↓
- 2019Annual accounts 2019136,9 k €↑
- 2018Annual accounts 2018108,4 k €↑
- 2017Annual accounts 2017-51,4 k €↑
- 2016Annual accounts 2016-58,2 k €↓
- 2015Annual accounts 2015-51,4 k €↑
- 2014Annual accounts 2014-70,6 k €↑
- 2013Annual accounts 2013-93 k €↓
- 2012Annual accounts 2012-76 k €↑
- 2011Annual accounts 2011-106,3 k €↑
- 2010Annual accounts 2010-106,3 k €↑
- 2009Annual accounts 2009-622,1 k €↓
- 2008Annual accounts 2008-168,9 k €
- 2008Name changeHermelock Petit Rechain
- 04/10/2007IncorporationPublic limited company