Financials
Financial year 2025
Pietercil Delby's from Ternat, company number BE0402240588, closed financial year 2025 with a result of € 4.5 million after tax. For that financial year Pietercil Delby's recorded revenue of € 150.1 million and equity of € 17.1 million. Compared with financial year 2024, the result moved from € 4.1 million to € 4.5 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 27, 2026.
€ 17.1 million
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4.5 million
▲ 10% vs 2024
Profit after tax over the fiscal year.
€ 1.7 million
▲ 104% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2.6 million paid out
58 % of the profit went to the shareholders, mostly to PIETERCIL GROUP (100 % of the shares). That is where the money ends up.
People and assets in 2025
62.2
▲ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 7.1 million
▲ 5% vs 2024
€ 114,100 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.
€ 18,397
▼ 75% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 5.5 million
Loans from banks and other lenders, long and short.
€ 33.9 million
▲ 28% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 80 days on average.
€ 2 million
▲ 24% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 124,307,318 | € 137,973,997 | € 134,363,548 | € 150,069,071 | ▲ 12% |
| Profit after taxes | € 3,168,783 | € 3,174,749 | € 4,093,670 | € 4,497,750 | ▲ 10% |
| Equity | € 12,379,818 | € 13,354,566 | € 15,248,237 | € 17,145,987 | ▲ 12% |
| Total debts | € 37,369,440 | € 35,610,345 | € 30,778,894 | € 43,422,517 | ▲ 41% |
| Cash | € 487,075 | € 1,129,122 | € 844,141 | € 1,725,528 | ▲ 104% |
| Land & buildings | € 1,918,411 | € 1,810,044 | € 1,699,646 | € 1,716,248 | ▲ 1% |
| Retained profit | € 9,327,818 | € 10,302,566 | € 12,196,237 | € 14,093,987 | ▲ 16% |
| Dividend | € 1,500,000 | € 2,200,000 | € 2,200,000 | € 2,600,000 | ▲ 18% |
| Bank debt | € 7,748,254 | € 1,209,401 | € 0 | € 5,500,000 | |
| Balance sheet total | € 49,749,258 | € 49,020,867 | € 46,333,086 | € 60,963,504 | ▲ 32% |
| Employees (FTE) | 62.5 | 60 | 61.5 | 62.2 | ▲ 0.7 |
Key figures of Pietercil Delby's, 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 Pietercil Delby's?
What happened at Pietercil Delby's in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Hoy Beheer BV stepped down as director. NBB
- Geert DE BRAUWER stepped down as director. NBB
- DE EIK NV stepped down as director. NBB
- FAGUS FINANCE NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 4.5 million (▲ 10% vs 2024). Source: NBB ↗
- BONA FIDE CONSULTING BV stepped down as director. NBB
- Klara VAN WAEYENBERGE stepped down as director. NBB
- Jan DE BRAUWER stepped down as director. NBB
In short
From € 3.2 million profit in 2022 to € 4.5 million profit in 2025.
Paid € 2.1 million in corporate taxes since 2022.
Best year ever: 2025, with € 4.5 million profit.
Paid out € 8.5 million in dividends to the owners in total.
Management
The stake of PIETERCIL GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Pietercil Delby'sThe shares are held by PIETERCIL GROUP (100%). It owns 100% of PIETERCIL BARENDS BV, 100% of PIETERCIL INTERCO SAS and 100% of PIETERCIL LORANG itself.
Directors
According to the 2025 annual accounts
Director · represented by Stéphanie Teetaert
since 2023 · until 2026
since 2020 · until 2026
since 2023 · until 2026
since 2023 · until 2026
since 2025 · until 2028
Director · represented by Philippe Vandeurzen
Also active at: PROMINTER, Mediahuis Partners, Properties Legen Heirweg, MEDIAHUIS, e-BO Enterprises, Indufin Fund Manager, Indufin Investment Fund, PIETERCIL GROUP +4 more
since 2025 · until 2028
Chairman of the board · represented by Michel De Brauwer
Also active at: PIETERCIL GROUP, BELIES
since 2025 · until 2028
Director · represented by Katrien Bousson
Also active at: PIETERCIL GROUP, RANSON GROUP, BELIES, Pietercil Logistics
since 2023 · until 2026
Hoy Beheer BV
Director · represented by Duncan Hoy
since 2025 · until 2029
Shareholders
100%
Participations
PIETERCIL BARENDS BV
100%
PIETERCIL INTERCO SAS
100%
PIETERCIL LORANG
100%
Establishments
Establishment units
Physical locations of this company
Vitseroelstraat 74
1740 Ternat
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0402.240.588
- VAT number
- BE 0402.240.588
- Registered office
- Vitseroelstraat 74, 1740 Ternat
- Names & denominations
- Pietercil Delby's
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1959
- Peppol
- Active · Active since 7 Oct 2025
- Activities · NACE
Niet-gespecialiseerde groothandel in niet-diepgevroren voedingsmiddelen, dranken en genotmiddelen
Overige niet-gespecialiseerde groothandel in voedings- en genotmiddelen
Groothandel in suiker, chocolade en suikerwerk
Groothandel in parfumerieën en cosmetica