Financials
- Fiscal year
- 2025
- Total assets
- €773,285
- Profit
- €6,925
- Solvency
- 92.4%
Total assets▼ 6.5%
Net result
20242025
THE EUROPEAN PLASTICS PIPES AND FITTINGS ASSOCIATION
ActiveSummary
THE EUROPEAN PLASTICS PIPES AND FITTINGS ASSOCIATION has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €714,441 and a net result of €6,925. Its solvency ranks better than 95% of 867 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Overview
Activity
Engineering and related technical consultancy, excluding land surveyors
NACE 71121NACE 74203Activities of business and employers' organisations NACE 94110
1 site
Size
€773,285total assets 2025
- Staff
- 1.9 FTE
- Equity
- €714,441
- Profit
- €6,925
Structure
- Board
- 40 members
Auditor: Groupe Audit BelgiumAccounts 37 d early
Why 96+ Legal form Int'l non-profit association+ Liquidity: current ratio 13.12, cash €727,005+ Equity €714,441 (92.4% of total assets)+ Sector Architectural and engineering activities; technical testing and analysis (NACE 71)Show the evidence
Checked score
Score 2025
96
/ 100
Excellent
Probability in this band: under 0.55%
Better than 65% of its sector peers (NACE 71, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
100=
equity 92.4% of total assets
Liquidity
100+3
short-term debt 7.6% · cash 94.0%
Profitability
70+59
return on assets 0.9%
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: < 0.1%highest value
12-2024: < 0.1%● 0.0% vs 11-2024highest value
01-2025: < 0.1%● 0.0% vs 12-2024highest value
02-2025: < 0.1%▼ -4.8% vs 01-2025
03-2025: < 0.1%● 0.0% vs 02-2025
04-2025: < 0.1%● 0.0% vs 03-2025
05-2025: < 0.1%▼ -5.0% vs 04-2025
06-2025: < 0.1%● 0.0% vs 05-2025
07-2025: < 0.1%● 0.0% vs 06-2025
08-2025: < 0.1%● 0.0% vs 07-2025
09-2025: < 0.1%▼ -47.4% vs 08-2025
10-2025: < 0.1%● 0.0% vs 09-2025
11-2025: < 0.1%● 0.0% vs 10-2025
12-2025: < 0.1%● 0.0% vs 11-2025
01-2026: < 0.1%● 0.0% vs 12-2025
02-2026: < 0.1%● 0.0% vs 01-2026
03-2026: < 0.1%▼ -10.0% vs 02-2026
04-2026: < 0.1%● 0.0% vs 03-2026
05-2026: < 0.1%● 0.0% vs 04-2026
06-2026: < 0.1%● 0.0% vs 05-2026
07-2026: < 0.1%▼ -33.3% vs 06-2026lowest value
08-2026: < 0.1%● 0.0% vs 07-2026lowest value
09-2026: < 0.1%● 0.0% vs 08-2026lowest value
10-2026: < 0.1%● 0.0% vs 09-2026lowest value
- Legal form Int'l non-profit association lowers the probability
- Liquidity: current ratio 13.12, cash €727,005 lowers the probability
- Equity €714,441 (92.4% of total assets) lowers the probability
- Sector Architectural and engineering activities; technical testing and analysis (NACE 71) lowers the probability
Credit up to €65,000 at 30 days acceptable
Liquidity ample (current ratio 13.12 against 6.91 in 2024; short-term debt: 7.6% and cash: 94% of total assets), and 7.6% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 71, micro). Better than this share of them on solvency 87%, liquidity 97%, profitability 31%, growth against the median 42%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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 24-06-2026, 37 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
37 d early
2024
25 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 6 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 34% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
05-10-2026 today31-12-2026 close31-07-2027 deadline
- Resignation: Harald Schwarzmayr (chair)Appointment: Rolf Mellink (président de…
- Annual accounts filedfiscal year 2025 · full…
- Appointment: GROUPE AUDIT BELGIUM (statutory auditor)Permanent representative: Werner Claeys ·…
Key points
By topic
Board & ownership
- Board
- 40 members
- Auditor
- Groupe Audit Belgium
Go to Board & ownership
Network & group
- Connected companies
- 4
Timeline
- Events
- 19
- Since
- 2004
- Next accounts
- by 31-07-2027
- 27-08-2026Resignation: Harald Schwarzmayr (chair)
- 24-06-2026Annual accounts filed
- 15-01-2026Appointment: GROUPE AUDIT BELGIUM (statutory auditor)
Company details
- Sites
- 1
- Legal form
- Int'l non-profit association
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121
- Founded
- 19-11-1992
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 1
- Purpose
- Le but non lucratif d'utilité internationale de l'Association est, au sein de l'Union…
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