ACTIVE

B.S.I.

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Financial year 2025 · Closed on 31/12/2025

Net result-300,9 k €+4,9 %over 1 year

Revenue9,6 M €-41,9 %over 1 year

Equity11,3 M €-2,6 %over 1 year

Workforce14,4 ETP-52,6 %over 1 year

Identity

Source · BCE/KBO

B.S.I. 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 14,4 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0893.134.725
Incorporation: 29/10/2007
Legal form: Public limited company
Registered office: Rue George Stephenson 25
7180 Seneffe · WallonieSee on map
Contributed capital: 9 866 801,97 €
Latest accounts: 31/12/2025
Average workforce: 14,4 ETP

Activities (NACE)

22210Manufacture of plastic plates, sheets, tubes and profiles· main 22210Manufacture of plastic plates, sheets, tubes and profiles 25210Manufacture of central heating radiators and boilers 22230Manufacture of builders’ ware of plastic 22240Manufacture of plastic products 22260Manufacture of plastic products+9

Joint committees (3)

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 22 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	9,6 M €	-41.9%	16,4 M €	-37.8%	26,4 M €	-13.1%	30,4 M €	+14.9%	26,4 M €
EBITDA	2,7 M €	-14.7%	3,2 M €	-26.5%	4,4 M €	-66.4%	13 M €	+249%	3,7 M €
Operating result	137,4 k €	-69.4%	449,3 k €	-80.2%	2,3 M €	-80.1%	11,4 M €	+482%	2 M €
Net result	-300,9 k €	+4.9%	-316,5 k €	-126%	1,2 M €	-88.0%	10,1 M €	+621%	1,4 M €
Balance sheet
Equity	11,3 M €	-2.6%	11,6 M €	-8.6%	12,7 M €	+10.5%	11,5 M €	+10.2%	10,4 M €
Total assets	24,4 M €	-11.2%	27,4 M €	-25.0%	36,6 M €	+8.1%	33,8 M €	-6.6%	36,2 M €
Cash	184,1 k €	-33.7%	277,7 k €	-35.2%	428,6 k €	+60.3%	267,4 k €	+7.3%	249,2 k €
Debts	12,6 M €	-16.8%	15,2 M €	-35.9%	23,7 M €	+6.5%	22,3 M €	-13.3%	25,7 M €
Other
Workforce	14,4 ETP	-52.6%	30,4 ETP	-5.9%	32,3 ETP	+1.6%	31,8 ETP	+8.9%	29,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
BREMHOVE0455.526.549Represented by Joris IDE	Director30/06/2023 → 30/06/2028Managing director20/12/2018 → 2023 accountsended
Christiaan DEPOORTER	Director01/07/2019 → 30/06/2028
Enzo IDE	Director21/12/2011 → 30/06/2028
Jacky BONAMI	Director21/12/2011 → 30/06/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
B.S.I. BELGIUM0458.430.809Represented by Joris Ide	Managing director21/12/2011 → 2017 accounts
Filip HAMERLINCK	Director30/06/2015 → 15/12/2015
BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES0431.088.289Represented by HUGHES FRONVILLE	Auditor27/08/2012 → 2014 accounts

Other companies at this address

Rue George Stephenson 25 7180 Seneffe

Company	CBE no.
BSI Pipe Systems● Active	0892.546.191

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	22/07/2026	04/08/2025	01/07/2024	01/08/2023	28/07/2022	20/07/2021
General meeting	27/06/2026	25/07/2025	28/06/2024	30/06/2023	30/06/2022	29/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 22 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	27/06/2026	22/07/2026	French	PDF
Full model	31/12/2024	25/07/2025	04/08/2025	French	PDF
Full model	31/12/2023	28/06/2024	01/07/2024	French	PDF
Full model	31/12/2022	30/06/2023	01/08/2023	French	PDF
Full model	31/12/2021	30/06/2022	28/07/2022	French	PDF
Full modelCorrection	31/12/2020	29/06/2021	20/07/2021	French	PDF
Full model	31/12/2020	29/06/2021	30/06/2021	French	PDF
Full model	31/12/2019	30/06/2020	22/07/2020	French	PDF
Full model	31/12/2018	10/05/2019	22/07/2019	French	PDF
Full modelCorrection	31/12/2017	30/06/2018	08/11/2018	French	PDF
Full model	31/12/2017	30/06/2018	31/07/2018	French	PDF
Full model	31/12/2016	19/09/2017	26/10/2017	French	PDF
Full modelCorrection	31/12/2015	15/09/2016	26/10/2017	French	PDF
Full model	31/12/2015	13/05/2016	31/10/2016	French	PDF
Full modelCorrection	31/12/2014	28/09/2015	10/12/2015	French	PDF
Full model	31/12/2014	28/09/2015	30/10/2015	French	PDF
Full model	31/12/2013	08/09/2014	28/10/2014	French	PDF
Full model	31/12/2012	26/08/2013	01/10/2013	French	PDF
Full model	31/12/2011	27/08/2012	28/09/2012	French	PDF
Full model	31/12/2010	15/07/2011	27/07/2011	French	PDF
Abridged model	31/12/2009	30/06/2010	28/07/2010	French	PDF
Abridged model	31/12/2008	30/06/2009	30/07/2009	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
BREMHOVE0455.526.549Represented by Joris IDE	Director30/06/2023 → 30/06/2028Managing director20/12/2018 → 2023 accountsended
Christiaan DEPOORTER	Director01/07/2019 → 30/06/2028
Enzo IDE	Director21/12/2011 → 30/06/2028
Jacky BONAMI	Director21/12/2011 → 30/06/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
B.S.I. BELGIUM0458.430.809Represented by Joris Ide	Managing director21/12/2011 → 2017 accounts
Filip HAMERLINCK	Director30/06/2015 → 15/12/2015
BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES0431.088.289Represented by HUGHES FRONVILLE	Auditor27/08/2012 → 2014 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Capital / shares24/10/2025
OBJET - CAPITAL, ACTIONS
PDF
Restructuring28/05/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates14/08/2024
DEMISSIONS, NOMINATIONS
PDF
Restructuring26/06/2024
CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring14/05/2024
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - DIVERS
PDF
Mandates19/07/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates12/04/2023
DEMISSIONS, NOMINATIONS
PDF
Capital / shares19/07/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS - CAPITAL, ACTIONS
PDF

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings18 filings

Mandates

BREMHOVE

Christiaan DEPOORTER

Enzo IDE

Jacky BONAMI

B.S.I. BELGIUM

Filip HAMERLINCK

BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES

Henri Ampe

Johan Claeys

2007200820092010201120122013201420152016201720182019202020212022202320242025202620272028

B.S.I.

Rue George Stephenson 25, 7180 Seneffe

DirectorManaging director

Director

Managing director

Auditor

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue George Stephenson 25, 7180 SeneffeCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00319890

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
B.S.I.Current	accounts 2021 → 2025	Accounts 2025 · 2026-00319890

Events

2025
Annual accounts 2025-300,9 k €↑
2024
Annual accounts 2024-316,5 k €↓
2023
Annual accounts 20231,2 M €↓
2022
Annual accounts 202210,1 M €↑
2021
Annual accounts 20211,4 M €↑
2020
Annual accounts 20201,3 M €↑
2019
Annual accounts 2019731,4 k €↑
2018
Annual accounts 2018-898,4 k €↓
2017
Annual accounts 2017-60,3 k €↑
2016
Annual accounts 2016-999,8 k €↓
2015
Annual accounts 2015-966,8 k €↑
2014
Annual accounts 2014-1,8 M €↑
2013
Annual accounts 2013-2,3 M €↓
2012
Annual accounts 2012-904,1 k €↑
2011
Annual accounts 2011-1,7 M €↑
2010
Annual accounts 2010-2,9 M €↓
2009
Annual accounts 2009-1,8 M €↓
2008
Annual accounts 2008-1,2 M €
29/10/2007
IncorporationPublic limited company

B.S.I.

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events