What does PIP-MARGRAFF do?

PIP-MARGRAFF is a hotel in Sankt Vith. Public Limited, started on 23 December 2003, 3 establishments.

What is the address of PIP-MARGRAFF?

The registered office of PIP-MARGRAFF is located at Hauptstrasse 7, 4780 Sankt Vith.

Is PIP-MARGRAFF still active?

Yes. According to the CBE (31 October 2026) PIP-MARGRAFF is active, legal situation “Normale toestand”, started on 23 December 2003.

Is PIP-MARGRAFF registered on Peppol?

Yes, PIP-MARGRAFF is registered on the Peppol network with ID 0208:0862373649.

What is the enterprise number of PIP-MARGRAFF?

The enterprise number of PIP-MARGRAFF is BE0862373649.

When was PIP-MARGRAFF founded?

PIP-MARGRAFF was founded on 23 December 2003.

Who are the directors of PIP-MARGRAFF?

According to the 2025 annual accounts, the directors of PIP-MARGRAFF are: Franz PIP, Tanja PIP, Monique GILMAN.

Is PIP-MARGRAFF a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 23 December 2003; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account; 3 establishments in the CBE.

How much profit did PIP-MARGRAFF make in 2025?

PIP-MARGRAFF posted a profit after taxes of € 84,761 in financial year 2025.

What is the revenue of PIP-MARGRAFF?

As a small company, PIP-MARGRAFF is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,671,991.

How much does an employee at PIP-MARGRAFF earn?

The average wage cost per full-time employee at PIP-MARGRAFF was € 22,500 in 2025: staff costs of € 1.1 million for 48.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does PIP-MARGRAFF have?

According to the 2025 annual accounts, PIP-MARGRAFF has 48.4 full-time equivalents (FTE).

PIP-MARGRAFF (Public Limited) - Sankt Vith - BE0862373649

Dossier PIP-MARGRAFF, printed on 31 October 2026 from databakkes.be/en/0862373649/pip-margraff. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 47 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

PIP-MARGRAFF from Sankt Vith, company number BE0862373649, closed financial year 2025 with a result of € 84,761 after tax. For that financial year PIP-MARGRAFF recorded a gross margin of € 1.7 million and equity of € 2.2 million. Compared with financial year 2024, the result moved from € 147,759 to € 84,761. 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 August 31, 2026.

What it is worth Growing

€ 2.2 million

▲ 3% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 84,761

▼ 43% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 147,616

▼ 83% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 2 million.

People and assets in 2025

Full-time equivalents

48.4

▼ 2.1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1.1 million

▲ 4% vs 2024

€ 22,500 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.

Vehicles and equipment

€ 43,067

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 5 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 1.1 million

▼ 19% vs 2024

€ 243,787 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 154,891

▲ 32% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 121,997

▼ 1% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 1,356,202 Gross margin 2022: € 1,356,202 First fiscal year in the series	€ 1,543,019 Gross margin 2023: € 1,543,019 ▲ 14% vs 2022 (€ 1,356,202) Favourable step	€ 1,659,178 Gross margin 2024: € 1,659,178 ▲ 8% vs 2023 (€ 1,543,019) Favourable step	€ 1,671,991 Gross margin 2025: € 1,671,991 ▲ 1% vs 2024 (€ 1,659,178) Favourable step	▲ 1%
Profit after taxes	€ 180,714 Profit after taxes 2022: € 180,714 First fiscal year in the series	€ 209,996 Profit after taxes 2023: € 209,996 ▲ 16% vs 2022 (€ 180,714) Favourable step	€ 147,759 Profit after taxes 2024: € 147,759 ▼ 30% vs 2023 (€ 209,996) Unfavourable step	€ 84,761 Profit after taxes 2025: € 84,761 ▼ 43% vs 2024 (€ 147,759) Unfavourable step	▼ 43%
Equity	€ 1,733,177 Equity 2022: € 1,733,177 First fiscal year in the series	€ 1,945,179 Equity 2023: € 1,945,179 ▲ 12% vs 2022 (€ 1,733,177) Favourable step	€ 2,122,141 Equity 2024: € 2,122,141 ▲ 9% vs 2023 (€ 1,945,179) Favourable step	€ 2,193,798 Equity 2025: € 2,193,798 ▲ 3% vs 2024 (€ 2,122,141) Favourable step	▲ 3%
Total debts	€ 2,194,764 Total debts 2022: € 2,194,764 First fiscal year in the series	€ 2,009,579 Total debts 2023: € 2,009,579 ▼ 8% vs 2022 (€ 2,194,764) Favourable step	€ 1,656,216 Total debts 2024: € 1,656,216 ▼ 18% vs 2023 (€ 2,009,579) Favourable step	€ 1,417,958 Total debts 2025: € 1,417,958 ▼ 14% vs 2024 (€ 1,656,216) Favourable step	▼ 14%
Cash	€ 704,119 Cash 2022: € 704,119 First fiscal year in the series	€ 614,665 Cash 2023: € 614,665 ▼ 13% vs 2022 (€ 704,119) Unfavourable step	€ 859,475 Cash 2024: € 859,475 ▲ 40% vs 2023 (€ 614,665) Favourable step	€ 147,616 Cash 2025: € 147,616 ▼ 83% vs 2024 (€ 859,475) Unfavourable step	▼ 83%
Land & buildings	€ 1,420,397 Land & buildings 2022: € 1,420,397 First fiscal year in the series	€ 1,430,276 Land & buildings 2023: € 1,430,276 ▲ 1% vs 2022 (€ 1,420,397) Unchanged	€ 1,350,792 Land & buildings 2024: € 1,350,792 ▼ 6% vs 2023 (€ 1,430,276) Unchanged	€ 2,010,566 Land & buildings 2025: € 2,010,566 ▲ 49% vs 2024 (€ 1,350,792) Unchanged	▲ 49%
Retained profit	€ 1,521,217 Retained profit 2022: € 1,521,217 First fiscal year in the series	€ 1,731,213 Retained profit 2023: € 1,731,213 ▲ 14% vs 2022 (€ 1,521,217) Favourable step	€ 1,883,134 Retained profit 2024: € 1,883,134 ▲ 9% vs 2023 (€ 1,731,213) Favourable step	€ 1,967,894 Retained profit 2025: € 1,967,894 ▲ 5% vs 2024 (€ 1,883,134) Favourable step	▲ 5%
Bank debt	€ 1,966,378 Bank debt 2022: € 1,966,378 First fiscal year in the series	€ 1,686,818 Bank debt 2023: € 1,686,818 ▼ 14% vs 2022 (€ 1,966,378) Favourable step	€ 1,411,712 Bank debt 2024: € 1,411,712 ▼ 16% vs 2023 (€ 1,686,818) Favourable step	€ 1,137,361 Bank debt 2025: € 1,137,361 ▼ 19% vs 2024 (€ 1,411,712) Favourable step	▼ 19%
Balance sheet total	€ 3,940,413 Balance sheet total 2022: € 3,940,413 First fiscal year in the series	€ 3,966,296 Balance sheet total 2023: € 3,966,296 ▲ 1% vs 2022 (€ 3,940,413) Unchanged	€ 3,788,963 Balance sheet total 2024: € 3,788,963 ▼ 4% vs 2023 (€ 3,966,296) Unchanged	€ 3,621,428 Balance sheet total 2025: € 3,621,428 ▼ 4% vs 2024 (€ 3,788,963) Unchanged	▼ 4%
Employees (FTE)	53.6 Employees (FTE) 2022: 53.6 First fiscal year in the series	52.8 Employees (FTE) 2023: 52.8 ▼ 0.8 vs 2022 (53.6) Unchanged	50.5 Employees (FTE) 2024: 50.5 ▼ 2.3 vs 2023 (52.8) Unchanged	48.4 Employees (FTE) 2025: 48.4 ▼ 2.1 vs 2024 (50.5) Unchanged	▼ 2.1

Key figures of PIP-MARGRAFF, 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 PIP-MARGRAFF?

What happened at PIP-MARGRAFF in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2027 Franz PIP stepped down as director. NBB
2027 Tanja PIP stepped down as director. NBB
2027 Monique GILMAN stepped down as director. NBB
Aug 31, 2026 New annual accounts for financial year 2025: profit of € 84,761 (▼ 43% vs 2024). filed late Source: NBB ↗
Apr 1, 2020 New establishment in Sankt Vith. KBO
2018 Tanja PIP became a director. NBB
May 22, 2008 New establishment in Sankt Vith. KBO
Jan 1, 2004 New establishment in Sankt Vith. KBO

In short

From € 180,714 profit in 2022 to € 84,761 profit in 2025.

Paid € 98,608 in corporate taxes since 2022.

Best year ever: 2023, with € 209,996 profit.

On average € 34,500 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2025 annual accounts

Franz PIP

Managing director

since 2003 · until 2027

Tanja PIP

Director

since 2018 · until 2027

Monique GILMAN

Director

since 2003 · until 2027

Establishments

Establishment units

Physical locations of this company

Registered office

Hauptstrasse 7

4780 Sankt Vith

2.230.049.893

Heckingstrasse 1

4780 Sankt Vith

Active since 22 May 2008

2.330.400.848

Major-Long-Strasse 2 B box 1

4780 Sankt Vith

Active since 1 April 2020

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0862.373.649

VAT number

BE 0862.373.649

Registered office

Hauptstrasse 7, 4780 Sankt Vith

Names & denominations

PIP-MARGRAFF

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

23 December 2003

Peppol

Active · Active since 9 Oct 2025

Activities · NACE

Hotels en motels, met restaurant

Hotels en dergelijke accommodatie

Activiteiten van eetgelegenheden met volledige bediening

Catering van evenementen

Uitzendkoks en verzorgen van feesten en recepties

Eetgelegenheden met volledige bediening

View on CBE Public ↗ Annual accounts (NBB) ↗

PIP-MARGRAFF

Warning lights

Financials

What happened to PIP-MARGRAFF?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions