Financials
Financial year 2025
Global PipeLine Solutions from Deinze, company number BE0451158480, closed financial year 2025 with a result of € 535,799 after tax. For that financial year Global PipeLine Solutions recorded a gross margin of € 940,518 and equity of € 2.8 million. Compared with financial year 2024, the result moved from € 318,069 to € 535,799. 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 January 9, 2026.
€ 2.8 million
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 535,799
▲ 68% vs 2024
Profit after tax over the fiscal year.
€ 939,730
▼ 27% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 297,790 paid out
56 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 153,027
▲ 3% vs 2024
€ 153,000 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.
€ 70,300
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 163,539
▼ 26% vs 2024
€ 61,326 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 251,927
▲ 69% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 30,474
▼ 12% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 780,818 | € 1,023,760 | € 712,619 | € 940,518 | ▲ 32% |
| Profit after taxes | € 404,439 | € 592,072 | € 318,069 | € 535,799 | ▲ 68% |
| Equity | € 2,368,148 | € 2,850,319 | € 2,600,336 | € 2,838,345 | ▲ 9% |
| Total debts | € 1,099,356 | € 572,442 | € 416,393 | € 449,592 | ▲ 8% |
| Cash | € 806,949 | € 1,505,111 | € 1,285,311 | € 939,730 | ▼ 27% |
| Land & buildings | € 544,064 | € 522,704 | € 501,345 | € 479,986 | ▼ 4% |
| Retained profit | € 2,298,148 | € 2,780,319 | € 2,530,336 | € 2,768,345 | ▲ 9% |
| Dividend | € 281,077 | € 109,901 | € 568,052 | € 297,790 | ▼ 48% |
| Bank debt | € 328,690 | € 278,152 | € 219,889 | € 163,539 | ▼ 26% |
| Balance sheet total | € 3,467,504 | € 3,422,761 | € 3,016,730 | € 3,287,937 | ▲ 9% |
| Employees (FTE) | 1 | 1 | 1 | 1 |
Key figures of Global PipeLine Solutions, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Global PipeLine Solutions?
What happened at Global PipeLine Solutions in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Willy De Letter stepped down as director. NBB
- Dominique De Letter stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 535,799 (▲ 68% vs 2024). Source: NBB ↗
- Willy De Letter became a director. NBB
- Dominique De Letter became a director. NBB
- New establishment in Deinze. KBO
- New establishment in Deinze. KBO
- Start of the company according to the CBE. KBO
In short
From € 404,439 profit in 2022 to € 535,799 profit in 2025.
Paid € 888,108 in corporate taxes since 2022.
Best year ever: 2023, with € 592,072 profit.
On average € 940,500 of value added per employee in 2025.
A new publication or filing at Global PipeLine Solutions? We notify you, reason included.
Follow Global PipeLine SolutionsDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Willy De Letter
Director
since 2024 · until 2030
Dominique De Letter
Managing director
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Filliersdreef 32 box D
9800 Deinze
Meirelos 18
9800 Deinze
Active since 1 July 2014
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0451.158.480
- VAT number
- BE 0451.158.480
- Registered office
- Filliersdreef 32 bus D, 9800 Deinze
- Names & denominations
- Global PipeLine Solutions · GPLS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 October 1993
- Peppol
- Active · Active since 18 Sept 2025
- Activities · NACE
Groothandel in metalen en metaalertsen
Vervaardiging van ijzer en staal en van ferrolegeringen