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 11 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
PIERRET INDUSTRIES from Bouillon, company number BE0407577172, closed financial year 2024 with a result of € 1.9 million after tax. For that financial year PIERRET INDUSTRIES recorded a gross margin of € 3.8 million and equity of € 1.4 million. Compared with financial year 2023, the result moved from € 2.6 million to € 1.9 million. The company is profitable. The buffer shrank hard: equity is 78 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 9, 2025.
€ 1.4 million
▼ 78% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.9 million
▼ 29% vs 2023
Profit after tax over the fiscal year.
€ 523,178
▼ 64% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 7.1 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2024
€ 1.8 million
▼ 8% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 297,049
▼ 14% vs 2023
Of which on lease € 135,117.
Debts at end 2024
€ 1.1 million
▼ 33% vs 2023
€ 546,858 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 448,079
▼ 68% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 490,812
▼ 55% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 4,183,464 | € 4,805,158 | € 5,176,754 | € 3,809,416 | ▼ 26% |
| Profit after taxes | € 2,183,865 | € 3,098,631 | € 2,639,852 | € 1,884,864 | ▼ 29% |
| Equity | € 6,654,015 | € 6,652,646 | € 6,600,498 | € 1,431,862 | ▼ 78% |
| Total debts | € 5,550,009 | € 10,643,356 | € 11,200,353 | € 15,516,249 | ▲ 39% |
| Cash | € 3,600,371 | € 1,284,281 | € 1,458,446 | € 523,178 | ▼ 64% |
| Land & buildings | € 45,224 | € 81,460 | € 124,309 | € 45,285 | ▼ 64% |
| Retained profit | € 5,751,147 | € 5,714,577 | € 5,662,429 | € 493,793 | ▼ 91% |
| Dividend | € 0 | € 3,100,000 | € 2,692,000 | € 7,085,536 | ▲ 163% |
| Bank debt | € 2,492,244 | € 2,000,291 | € 1,579,058 | € 1,056,125 | ▼ 33% |
| Balance sheet total | € 12,466,633 | € 17,526,576 | € 17,999,390 | € 17,114,614 | ▼ 5% |
Key figures of PIERRET INDUSTRIES, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to PIERRET INDUSTRIES?
What happened at PIERRET INDUSTRIES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 1.9 million (▼ 29% vs 2023). filed late Source: NBB ↗
- New establishment in Bouillon. KBO
- Start of the company according to the CBE. KBO
In short
From € 2.2 million profit in 2021 to € 1.9 million profit in 2024.
Paid € 3.6 million in corporate taxes since 2021.
Best year ever: 2022, with € 3.1 million profit.
Paid out € 12.9 million in dividends to the owners in total.
Management
Behind PIERRET INDUSTRIES are Philippe Pierret and Thierry Pierret.
Directors
According to the 2024 annual accounts
Philippe Pierret
Manager
Thierry Pierret
Manager
Establishments
Establishment units
Physical locations of this company
Rue du Sommet,Corbion 32
6838 Bouillon
Rue du Sommet,Corbion 15
6838 Bouillon
Active since 1 June 1970
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0407.577.172
- VAT number
- BE 0407.577.172
- Registered office
- Rue du Sommet,Corbion 32, 6838 Bouillon
- Names & denominations
- PIERRET INDUSTRIES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 June 1970
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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