Financials
Financial year 2025
PIPING LOGISTICS from Aalst, company number BE0433328692, closed financial year 2025 with a result of € 2 million after tax. For that financial year PIPING LOGISTICS recorded revenue of € 20.8 million and equity of € 4.5 million. Compared with financial year 2024, the result moved from € 710,295 to € 2 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 19, 2026.
€ 4.5 million
▲ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2 million
▲ 175% vs 2024
Profit after tax over the fiscal year.
€ 475,498
▲ 25% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.2 million paid out
63 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
17
▲ 2.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▲ 12% vs 2024
€ 78,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 71,303
▲ 4% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 5.7 million
▲ 4% vs 2024
€ 285,714 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 938,799
▼ 38% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 20 days on average.
€ 131,182
▲ 13% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 16,070,466 | € 20,773,940 | ▲ 29% |
| Gross margin | € 2,263,350 | € 3,905,697 | - | - | |
| Profit after taxes | € 1,335,005 | € 1,636,952 | € 710,295 | € 1,950,167 | ▲ 175% |
| Equity | € 1,577,716 | € 3,196,669 | € 3,831,964 | € 4,524,631 | ▲ 18% |
| Total debts | € 6,598,044 | € 7,321,576 | € 8,041,315 | € 10,291,025 | ▲ 28% |
| Cash | € 359,300 | € 819,581 | € 379,535 | € 475,498 | ▲ 25% |
| Retained profit | € 1,559,116 | € 3,178,069 | € 3,813,364 | € 4,506,031 | ▲ 18% |
| Dividend | € 490,000 | € 0 | € 75,000 | € 1,235,000 | ▲ € 1.2 million |
| Bank debt | € 2,819,266 | € 5,779,624 | € 5,461,593 | € 5,670,963 | ▲ 4% |
| Balance sheet total | € 8,175,761 | € 10,808,245 | € 11,873,279 | € 14,872,294 | ▲ 25% |
| Employees (FTE) | - | 11.9 | 14.6 | 17 | ▲ 2.4 |
Key figures of PIPING LOGISTICS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to PIPING LOGISTICS?
What happened at PIPING LOGISTICS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2 million (▲ 175% vs 2024). Source: NBB ↗
- Jerry Ds Consult became a director. NBB
- Premium Consulting became a director. NBB
- New establishment in Aalst. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.3 million profit in 2022 to € 2 million profit in 2025.
Paid € 1.3 million in corporate taxes since 2022.
Best year ever: 2025, with € 2 million profit.
On average € 328,200 of value added per employee in 2023.
Management
Behind PIPING LOGISTICS are Premium Consulting and Jerry Ds Consult.
Directors
According to the 2025 annual accounts
Director · represented by Laura Saelens
since 2020
Director · represented by Jeroen De Smedt
since 2022
Establishments
Establishment units
Physical locations of this company
Industrielaan 27
9320 Aalst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0433.328.692
- VAT number
- BE 0433.328.692
- Registered office
- Industrielaan 27, 9320 Aalst
- Names & denominations
- PIPING LOGISTICS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 February 1988
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Groothandel in installatiemateriaal voor loodgieterswerk en verwarming
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Groothandel in huismeubilair
Vervaardiging van toestellen voor het spuiten van vloeistoffen of poeder, inclusief brandblusapparaten
Detailhandel in huismeubilair
Detailhandel in huismeubilair in gespecialiseerde winkels