Pidpa

Active

Opdrachthoudende vereniging (Vlaams Gewest)founded 1968active for 58 yearsVierselse baan 5, 2280 Grobbendonk, BelgiumKBO/BCE: BE 0204.908.936

Summary

Pidpa has the legal form “Opdrachthoudende vereniging (Vlaams Gewest)” in the KBO; Checked does not compute a bankruptcy probability for it. The 2025 annual accounts show equity of €859.3m and a net result of €31.3m. Equity is growing by about 2.7% per year across the filed financial years. Its solvency ranks better than 59% of 63 sector peers (NACE 36, financial year 2025). The company has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

PidpaActiveChecked score 70/100

Risk analysis Report Compare

Activity

Water collection, treatment and supply

NACE 36000

Largest employer in Grobbendonk20 sites

Size

€402.7mturnover 2025

Staff: 715.6 FTE
Equity: €859.3m
Profit: €31.3m

Financial health

70 Healthy Checked score 2025

Bankruptcy probability: legal form outside the model

Structure

Largest shareholder: Water-Link · 11.38%

Accounts 29 days early

SignalsneutralLatest accounts filed on timeShow the evidence

Checked score

Score 2025

70 / 100

Healthy▲ +1 on 2024

Without a bankruptcy probability: score from the figures alone

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 79-2

equity 53.9% of total assets

Liquidity 51+1

short-term debt 10.2% · cash 0.9%

Profitability 81+3

return on assets 2.0%

Bankruptcy probability, 12 months

The KBO gives the legal form as “Opdrachthoudende vereniging (Vlaams Gewest)”. We show no bankruptcy probability for it: the model is built on companies and gives no reliable figure for this form.

Credit of up to €40,250,000 on 30-day terms is acceptable

Liquidity insufficient (current ratio 0.84, compared with 0.75 in 2024, below 1; short-term debt: 10.2% and cash: 0.9% of total assets), and 46.1% of the assets are financed with debt and provisions.

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Signals

1 signal.

neutral

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

29 days early

2024

30 days early

2023

268 days late

2022

35 days early

2021

27 days early

2020

33 days early

2019

32 days early

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 7 accounts on average 12 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 2 July (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

15-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage