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 44 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Etablissements Pierard frères from Ciney, company number BE0414117249, closed financial year 2025 with a result of € 230,465 after tax. For that financial year Etablissements Pierard frères recorded a gross margin of € 1.1 million and equity of € 481,292. Compared with financial year 2024, the result moved from € 46,555 to € 230,465. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 481,292
▼ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 230,465
▲ € 183,910 vs 2024
Profit after tax over the fiscal year.
€ 420,516
▼ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 320,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
10.3
▲ 1.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 624,865
▲ 17% vs 2024
€ 60,700 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.
€ 166,990
▲ 54% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 88,006
▼ 13% vs 2024
€ 55,318 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 861,251
▲ 101% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 154,163
▼ 36% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 6,111,862 | - | - | - | |
| Gross margin | € 773,499 | € 794,790 | € 694,423 | € 1,057,581 | ▲ 52% |
| Profit after taxes | € 193,672 | € 141,712 | € 46,555 | € 230,465 | ▲ € 183,910 |
| Equity | € 817,202 | € 883,913 | € 570,827 | € 481,292 | ▼ 16% |
| Total debts | € 627,186 | € 1,516,537 | € 1,094,733 | € 1,404,200 | ▲ 28% |
| Cash | € 537,684 | € 611,342 | € 463,952 | € 420,516 | ▼ 9% |
| Land & buildings | € 202,651 | € 180,283 | € 156,484 | € 132,968 | ▼ 15% |
| Retained profit | € 756,410 | € 823,122 | € 510,035 | € 420,500 | ▼ 18% |
| Dividend | € 60,000 | € 75,000 | € 359,642 | € 320,000 | ▼ 11% |
| Bank debt | € 43,609 | € 56,181 | € 101,461 | € 88,006 | ▼ 13% |
| Balance sheet total | € 1,444,388 | € 2,400,450 | € 1,665,560 | € 1,885,492 | ▲ 13% |
| Employees (FTE) | 8.4 | 8.9 | 9.1 | 10.3 | ▲ 1.2 |
Key figures of Etablissements Pierard frères, 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 Etablissements Pierard frères?
What happened at Etablissements Pierard frères in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 230,465 (▲ € 183,910 vs 2024). Source: NBB ↗
- New establishment in Ciney. KBO
- Start of the company according to the CBE. KBO
In short
From € 193,672 profit in 2022 to € 230,465 profit in 2025.
Paid € 263,644 in corporate taxes since 2022.
Best year ever: 2025, with € 230,465 profit.
On average € 102,700 of value added per employee in 2025.
A new publication or filing at Etablissements Pierard frères? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Establishments
Establishment units
Physical locations of this company
Rue du Parc Industriel d'Achêne 18
5590 Ciney
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0414.117.249
- VAT number
- BE 0414.117.249
- Registered office
- Rue du Parc Industriel d'Achêne 18, 5590 Ciney
- Names & denominations
- Etablissements Pierard frères
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1974
- Peppol
- Active · Active since 2 Jan 2026
- 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)
Carrosserieherstelling (inclusief spuiten en verven)
Detailhandel in fietsen
Detailhandel in onderdelen en accessoires van motorvoertuigen
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Verstrekken van verbruikskrediet
+4