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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Shrinking team NBB
FTE fell two years in a row, from 6.4 to 4.8.
Financials
Financial year 2025
NIJS PIPING from Glabbeek, company number BE0471661312, closed financial year 2025 with a result of € 204,514 after tax. For that financial year NIJS PIPING recorded a gross margin of € 747,423 and equity of € 729,153. Compared with financial year 2024, the result moved from € 168,120 to € 204,514. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 729,153
▼ 46% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 204,514
▲ 22% vs 2024
Profit after tax over the fiscal year.
€ 431,243
▼ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 502,100 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
4.8
▼ 1.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 347,641
▼ 6% vs 2024
€ 72,400 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.
€ 54,505
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 848,838
▲ 130% vs 2024
€ 103,489 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 129,469
▲ 48% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 142,629
▲ 31% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 641,858 | € 637,533 | € 740,919 | € 747,423 | ▲ 1% |
| Profit after taxes | € 105,173 | € 109,027 | € 168,120 | € 204,514 | ▲ 22% |
| Equity | € 1,078,092 | € 1,187,119 | € 1,355,239 | € 729,153 | ▼ 46% |
| Total debts | € 611,518 | € 592,617 | € 576,598 | € 2,034,628 | ▲ 253% |
| Cash | € 169,677 | € 304,318 | € 440,050 | € 431,243 | ▼ 2% |
| Land & buildings | € 509,141 | € 452,400 | € 388,334 | € 898,464 | ▲ 131% |
| Retained profit | € 729,592 | € 838,619 | € 1,006,739 | € 709,153 | ▼ 30% |
| Dividend | € 0 | € 0 | € 0 | € 502,100 | |
| Bank debt | € 492,569 | € 447,748 | € 368,355 | € 848,838 | ▲ 130% |
| Balance sheet total | € 1,689,610 | € 1,779,736 | € 1,931,837 | € 2,763,781 | ▲ 43% |
| Employees (FTE) | 6.4 | 6.4 | 6 | 4.8 | ▼ 1.2 |
Key figures of NIJS PIPING, 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 NIJS PIPING?
What happened at NIJS PIPING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 204,514 (▲ 22% vs 2024). Source: NBB ↗
- New establishment in Glabbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 105,173 profit in 2022 to € 204,514 profit in 2025.
Paid € 235,399 in corporate taxes since 2022.
Best year ever: 2025, with € 204,514 profit.
On average € 155,700 of value added per employee in 2025.
Establishments
Establishment units
Physical locations of this company
Craenenbroekstraat 48
3380 Glabbeek
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0471.661.312
- VAT number
- BE 0471.661.312
- Registered office
- Craenenbroekstraat 48, 3380 Glabbeek
- Names & denominations
- NIJS PIPING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 April 2000
- Peppol
- Active · Active since 26 Nov 2025
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