Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
CIPINCO from Turnhout, company number BE0445996102, closed financial year 2025 with a result of € 316 after tax. For that financial year CIPINCO recorded a gross margin of € 11,749 and equity of € 107,270. Compared with financial year 2024, the result moved from € -5,456 to € 316. Profitable, and profit is growing. 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 July 1, 2026.
€ 107,270
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 316
▲ still € 5,456 loss in 2024
Profit after tax over the fiscal year.
€ 20,707
▲ 112% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -65,100.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,250
▲ 65% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -2,140 | € 1,595 | € 5,922 | € 11,749 | ▲ 98% |
| Profit after taxes | € -13,211 | € -9,732 | € -5,456 | € 316 | ▲ € 5,772 |
| Equity | € 122,142 | € 112,409 | € 106,953 | € 107,270 | |
| Total debts | € 13,332 | € 16,165 | € 16,922 | € 18,172 | ▲ 7% |
| Cash | € 2,577 | € 5,060 | € 9,755 | € 20,707 | ▲ 112% |
| Land & buildings | € 132,207 | € 122,785 | € 113,364 | € 103,942 | ▼ 8% |
| Retained profit | € -50,228 | € -59,961 | € -65,416 | € -65,100 | |
| Balance sheet total | € 135,474 | € 128,575 | € 123,875 | € 125,442 | ▲ 1% |
Key figures of CIPINCO, 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 CIPINCO?
What happened at CIPINCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 316. Source: NBB ↗
- Carole Schuermans became a director. NBB
- Pamela Schuermans became a director. NBB
- Ignace Schuermans became a director. NBB
- New establishment in Turnhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,211 loss in 2022 to € 316 profit in 2025.
Best year ever: 2025, with € 316 profit.
Management
Behind CIPINCO are Ignace Schuermans, Carole Schuermans and Pamela Schuermans.
Directors
According to the 2025 annual accounts
Ignace Schuermans
Director
since 2000
Carole Schuermans
Director
since 2016
Pamela Schuermans
Director
since 2016
Establishments
Establishment units
Physical locations of this company
Renier Sniedersstraat 39-3
2300 Turnhout
Renier Sniedersstraat 39 box 3
2300 Turnhout
Active since 5 December 1991
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0445.996.102
- VAT number
- BE 0445.996.102
- Registered office
- Renier Sniedersstraat 39-3, 2300 Turnhout
- Names & denominations
- CIPINCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 December 1991
- Peppol
- Not registered