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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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Annual account missing NBB
Fiscal year 2025 was expected before 30 January 2026 and has not been filed.
Financials
Financial year 2024
PIPA ELITE BREEDING from Aalter, company number BE0690857457, closed financial year 2024 with a result of € 596,426 after tax. For that financial year PIPA ELITE BREEDING recorded a gross margin of € 1.2 million and equity of € 1.4 million. Compared with financial year 2023, the result moved from € 676,159 to € 596,426. 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 January 2, 2025.
€ 1.4 million
▲ 29% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 596,426
▼ 12% vs 2023
Profit after tax over the fiscal year.
€ 397,468
▲ 108% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 250,000 paid out
42 % of the profit went to the shareholders, mostly to Pipa Holding BV (98 % of the shares). That is where the money ends up.
People and assets in 2024
1
Average over the fiscal year, from the social balance sheet.
€ 63,983
▲ 13% vs 2023
€ 64,000 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.
€ 15,227
▼ 26% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 45,301
▲ 190% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 3,863
▼ 9% vs 2023
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 1,051,959 | € 1,174,564 | € 1,184,715 | ▲ 1% |
| Profit after taxes | € 643,835 | € 676,159 | € 596,426 | ▼ 12% |
| Equity | € 658,929 | € 1,122,904 | € 1,449,331 | ▲ 29% |
| Total debts | € 232,804 | € 233,836 | € 319,164 | ▲ 36% |
| Cash | € 256,165 | € 190,953 | € 397,468 | ▲ 108% |
| Retained profit | € 558,929 | € 1,022,904 | € 1,349,331 | ▲ 32% |
| Dividend | € 175,000 | € 200,000 | € 250,000 | ▲ 25% |
| Bank debt | € 15,718 | € 0 | € 0 | |
| Balance sheet total | € 891,733 | € 1,356,740 | € 1,768,495 | ▲ 30% |
| Employees (FTE) | 1 | 1 | 1 |
Key figures of PIPA ELITE BREEDING, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 30 January 2026.
What happened to PIPA ELITE BREEDING?
What happened at PIPA ELITE BREEDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 596,426 (▼ 12% vs 2023). Source: NBB ↗
- New establishment in Aalter. KBO
- Pipa Holding BV became a director. NBB
- Thomas GYSELBRECHT became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 643,835 profit in 2022 to € 596,426 profit in 2024.
Paid € 647,493 in corporate taxes since 2022.
Best year ever: 2023, with € 676,159 profit.
On average € 1.2 million of value added per employee in 2024.
Management
Behind PIPA ELITE BREEDING are Pipa Holding BV and Thomas GYSELBRECHT. The shares are held by Pipa Holding BV (98%).
Directors
According to the 2024 annual accounts
Director · represented by Nikolaas GYSELBRECHT
Also active at: PIPA Elite Center, PIPA Immo, PIPA Trading
since 2018
Thomas GYSELBRECHT
Director
Also active at: PIPA Holding, PIPA Elite Center, PIPA Immo, PIPA Trading
since 2018
Shareholders
98%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Eentveldstraat 18
9910 Aalter
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0690.857.457
- VAT number
- BE 0690.857.457
- Registered office
- Eentveldstraat 18, 9910 Aalter
- Names & denominations
- PIPA ELITE BREEDING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 February 2018
- Peppol
- Active · Active since 23 Sept 2025
- Activities · NACE
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