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 14 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PICARD from Bastogne, company number BE0404364789, closed financial year 2025 with a result of € -97,528 after tax. For that financial year PICARD recorded revenue of € 41.6 million and equity of € 3.2 million. Compared with financial year 2024, the result moved from € 184,446 to € -97,528. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 29, 2026.
€ 3.2 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -97,528
▼ still € 184,446 profit in 2024
Profit after tax over the fiscal year.
€ 144,308
▲ € 142,694 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.5 million.
People and assets in 2025
68.1
▲ 46 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4.1 million
▲ 170% vs 2024
€ 59,900 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.
€ 140,388
▲ 119% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 6.3 million
▲ 193% vs 2024
€ 919,460 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 2.9 million
▲ 91% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 29 days on average.
€ 698,073
▲ 133% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 25,402,873 | € 23,324,954 | € 16,708,572 | € 41,639,663 | ▲ 149% |
| Profit after taxes | € 165,300 | € 147,402 | € 184,446 | € -97,528 | ▼ € 281,974 |
| Equity | € 2,977,214 | € 3,124,617 | € 3,309,063 | € 3,211,535 | ▼ 3% |
| Total debts | € 10,083,727 | € 11,123,808 | € 8,609,691 | € 13,660,820 | ▲ 59% |
| Cash | € 153,918 | € 280,400 | € 1,614 | € 144,308 | ▲ € 142,694 |
| Land & buildings | € 2,042,257 | € 1,927,121 | € 1,821,285 | € 3,196,579 | ▲ 76% |
| Retained profit | € 1,311,214 | € 1,458,617 | € 1,643,063 | € 1,545,535 | ▼ 6% |
| Bank debt | € 2,275,813 | € 2,463,401 | € 2,160,801 | € 6,320,778 | ▲ 193% |
| Balance sheet total | € 13,094,779 | € 14,277,164 | € 11,918,754 | € 16,872,355 | ▲ 42% |
| Employees (FTE) | 22.3 | 23.2 | 22.1 | 68.1 | ▲ 46 |
Key figures of PICARD, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to PICARD?
What happened at PICARD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 97,528 (▼ € 281,974 vs 2024). Source: NBB ↗
- New establishment in Bastogne. KBO
- New establishment in Bastogne. KBO
- New establishment in Arlon. KBO
- New establishment in Paliseul. KBO
- New establishment in Namur. KBO
- New establishment in Wellin. KBO
- Start of the company according to the CBE. KBO
In short
From € 165,300 profit in 2022 to € 97,528 loss in 2025.
Paid € 408,161 in corporate taxes since 2022.
Best year ever: 2024, with € 184,446 profit.
Pays suppliers within 29 days on average.
Management
Behind PICARD are Alain PICARD, Bernard PICARD and Daniel PICARD. The same people are also behind GROUPE PICARD A.B.C..
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Rue de Marche 139
6600 Bastogne
Marche,Boucle de la Famenne 14
6900 Marche-en-Famenne
Active since 1 November 1961
Chaussée de Marche(JB) 814
5100 Namur
Active since 30 January 2002
Rue de Dinant,Halma 36 box A
6922 Wellin
Active since 1 January 1995
Rue de Marche 137
6600 Bastogne
Active since 1 July 2024
Bonnert, route de Bastogne 342
6700 Arlon
Active since 1 July 2024
Rue de Bièvre, Carlsbourg 3
6850 Paliseul
Active since 1 July 2024
Rue de Neufchâteau 226
6600 Bastogne
Active since 1 June 2025
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
- 0404.364.789
- VAT number
- BE 0404.364.789
- Registered office
- Rue de Marche 139, 6600 Bastogne
- Names & denominations
- PICARD
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in motorbrandstoffen
Detailhandel in onderdelen en accessoires van motorvoertuigen
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Kleinhandel in onderdelen en accessoires van auto's
Onderhoud en reparatie van auto's
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