Financials
Financial year 2026
T.E. PIP from Amel, company number BE0437521171, closed financial year 2026 with a result of € 110,184 after tax. For that financial year T.E. PIP recorded a gross margin of € 508,577 and equity of € 745,870. Compared with financial year 2025, the result moved from € 205,026 to € 110,184. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 15, 2026.
€ 745,870
▲ 6% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 110,184
▼ 46% vs 2025
Profit after tax over the fiscal year.
€ 222,079
▼ 16% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 67,174 paid out
61 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2026
3
Average over the fiscal year, from the social balance sheet.
€ 178,331
▲ 3% vs 2025
€ 59,400 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.
€ 544,084
▲ 7% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 158,473
▼ 19% vs 2025
€ 34,591 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 101,953
▲ € 93,446 vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 42,454
▼ 36% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 202,058 | € 477,657 | € 609,440 | € 508,577 | ▼ 17% |
| Profit after taxes | € 46,707 | € 160,150 | € 205,026 | € 110,184 | ▼ 46% |
| Equity | € 337,950 | € 497,905 | € 702,896 | € 745,870 | ▲ 6% |
| Total debts | € 191,669 | € 415,841 | € 295,210 | € 384,440 | ▲ 30% |
| Cash | € 70,435 | € 153,518 | € 264,068 | € 222,079 | ▼ 16% |
| Land & buildings | € 11,107 | € 12,042 | € 10,057 | € 8,468 | ▼ 16% |
| Retained profit | € 312,487 | € 472,637 | € 677,663 | € 720,673 | ▲ 6% |
| Dividend | € 0 | € 0 | € 0 | € 67,174 | |
| Bank debt | € 100,221 | € 235,253 | € 196,531 | € 158,473 | ▼ 19% |
| Balance sheet total | € 529,619 | € 927,604 | € 1,010,464 | € 1,141,167 | ▲ 13% |
| Employees (FTE) | 1.6 | 2 | 3 | 3 |
Key figures of T.E. PIP, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to T.E. PIP?
What happened at T.E. PIP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 110,184 (▼ 46% vs 2025). Source: NBB ↗
- Thierry PIP became a director. NBB
- Thomas PIP became a director. NBB
- New establishment in Amel. KBO
- Start of the company according to the CBE. KBO
In short
From € 46,707 profit in 2023 to € 110,184 profit in 2026.
Paid € 183,238 in corporate taxes since 2023.
Best year ever: 2025, with € 205,026 profit.
On average € 169,500 of value added per employee in 2026.
Management
Behind T.E. PIP are Thierry PIP and Thomas PIP.
Directors
According to the 2026 annual accounts
Thierry PIP
Director
since 2023
Thomas PIP
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Wallerode,Am Wiesengrund 30
4770 Amel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0437.521.171
- VAT number
- BE 0437.521.171
- Registered office
- Wallerode,Am Wiesengrund 30, 4770 Amel
- Names & denominations
- T.E. PIP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 June 1989
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Dakwerkzaamheden
Dakbedekking en bouw van dakconstructies
Fokken en houden van andere runderen en buffels