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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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
46 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Piper from Gent, company number BE0699960512, closed financial year 2025 with a result of € -9,090 after tax. For that financial year Piper recorded a gross margin of € -7,402 and equity of € 15,093. Compared with financial year 2024, the result moved from € 10,720 to € -9,090. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2026.
€ 15,093
▼ 38% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,090
▼ still € 10,720 profit in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -46,907.
Debts at end 2025
€ 21 million
▲ 3% vs 2024
€ 250,000 is repaid this year. At this pace the long-term loan is gone in ≈ 45 years.
€ 4,256
▼ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 383
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -14,267 | € 1,113,461 | € 13,964 | € -7,402 | ▼ € 21,365 |
| Profit after taxes | € -48,909 | € -46,769 | € 10,720 | € -9,090 | ▼ € 19,810 |
| Equity | € 60,232 | € 13,463 | € 24,183 | € 15,093 | ▼ 38% |
| Total debts | € 17,831,485 | € 19,804,353 | € 20,620,691 | € 21,406,645 | ▲ 4% |
| Cash | € 19,284 | € 50,169 | € 40,303 | - | |
| Retained profit | € -1,768 | € -48,537 | € -37,817 | € -46,907 | ▼ € 9,090 |
| Bank debt | € 17,608,000 | € 19,510,000 | € 20,310,000 | € 20,971,848 | ▲ 3% |
| Balance sheet total | € 17,891,717 | € 19,817,816 | € 20,644,874 | € 21,421,738 | ▲ 4% |
Key figures of Piper, 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 Piper?
What happened at Piper in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- HLSC BV stepped down as director. NBB
- Triana BV stepped down as director. NBB
- Real Value Management BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 9,090 (▼ € 19,810 vs 2024). Source: NBB ↗
- Triana BV became a director. NBB
- Robinia BV stepped down as director. NBB
- Domest BV stepped down as director. NBB
- Robinia BV became a director. NBB
In short
From € 48,909 loss in 2022 to € 9,090 loss in 2025.
Best year ever: 2024, with € 10,720 profit.
A new publication or filing at Piper? We notify you, reason included.
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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
The stake of Cores Properties comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PiperThe shares are held by Alides REIM NV (50%), Cores Development NV (25%), Diarkis SA (25%) and Cores Properties (50%).
Directors
According to the 2025 annual accounts
Director · represented by Peter Leyssens
Also active at: RINKKAAI, KALVENNE, Spitfire, Bergesteyn, The Quint, JNS Betonboringen, SOUVERAIN 23 LAND, SOUVERAIN 23 DEVELOPMENT +11 more
since 2024 · until 2025
Managing director · represented by Jurgen Van Bogaert
Also active at: RINKKAAI, KALVENNE, Mollitiam, Spitfire, Bergesteyn, The Quint, SOUVERAIN 23 LAND, SOUVERAIN 23 DEVELOPMENT +11 more
since 2024 · until 2025
Director · represented by Henk Cardon
Also active at: Alides Land, Building Hotel Maes, ALIDES PROPERTIES, ALIDES BOULEVARD, Advanced Computer Systems Technics, INVESTPOOL, INVESTERA, ESPACE BELLIARD +29 more
since 2024 · until 2030
Managing director · represented by Alexander Vanheukelen
Also active at: RINKKAAI, Spitfire, Bergesteyn, SOUVERAIN 23 LAND, SOUVERAIN 23 DEVELOPMENT, Rinkkaai Land
since 2026 · until 2030
Managing director · represented by Rikkert Leeman
Also active at: Alides Land, Building Hotel Maes, ALIDES PROPERTIES, ALIDES BOULEVARD, Advanced Computer Systems Technics, INVESTPOOL, INVESTERA, ESPACE BELLIARD +31 more
since 2024 · until 2030
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Foreestelaan 86 box 201
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 46 companies are registered at this address.
All companies at this address →Alides Land same network
€ 2.8 million gross margin · 2025
Building Hotel Maes same network
€ 5.5 million gross margin · 2025
ALIDES PROPERTIES same network
€ 16.6 million revenue · 2025
ALIDES BOULEVARD same network
€ 67,070 gross margin · 2025
Advanced Computer Systems Technics same network
€ 278,662 gross margin · 2025
+41 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0699.960.512
- VAT number
- BE 0699.960.512
- Registered office
- Foreestelaan 86 bus 201, 9000 Gent
- Names & denominations
- Piper
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 July 2018
- Peppol
- Active · Active since 4 Sept 2025
- Activities · NACE
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