Financials
Financial year 2025
PIERRE FRERE ET FILS from Herstal, company number BE0430805605, closed financial year 2025 with a result of € 398,845 after tax. For that financial year PIERRE FRERE ET FILS recorded a gross margin of € 2.5 million and equity of € 1.7 million. Compared with financial year 2024, the result moved from € 465,314 to € 398,845. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.
€ 1.7 million
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 398,845
▼ 14% vs 2024
Profit after tax over the fiscal year.
€ 1.1 million
▲ 156% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 157,500 paid out
39 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
27.4
▲ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.5 million
▲ 11% vs 2024
€ 55,000 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.
€ 1 million
▲ 14% vs 2024
Of which on lease € 880,230.
Debts at end 2025
€ 942,752
▼ 15% vs 2024
€ 344,220 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 923,806
▲ 94% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 193,009
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,940,992 | € 2,072,777 | € 2,381,347 | € 2,536,416 | ▲ 7% |
| Profit after taxes | € 131,349 | € 267,949 | € 465,314 | € 398,845 | ▼ 14% |
| Equity | € 1,041,612 | € 1,208,015 | € 1,511,399 | € 1,748,313 | ▲ 16% |
| Total debts | € 2,198,421 | € 2,411,484 | € 2,168,517 | € 2,576,365 | ▲ 19% |
| Cash | € 237,251 | € 200,707 | € 421,520 | € 1,080,400 | ▲ 156% |
| Land & buildings | € 540,189 | € 534,743 | € 558,389 | € 516,977 | ▼ 7% |
| Retained profit | € 730,123 | € 903,071 | € 1,220,886 | € 1,472,230 | ▲ 21% |
| Dividend | € 0 | € 105,000 | € 157,500 | € 157,500 | |
| Bank debt | € 1,292,330 | € 1,211,018 | € 1,105,653 | € 942,752 | ▼ 15% |
| Balance sheet total | € 3,240,033 | € 3,619,499 | € 3,679,916 | € 4,324,678 | ▲ 18% |
| Employees (FTE) | 27 | 26.1 | 26.7 | 27.4 | ▲ 0.7 |
Key figures of PIERRE FRERE ET FILS, 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 PIERRE FRERE ET FILS?
What happened at PIERRE FRERE ET FILS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 398,845 (▼ 14% vs 2024). Source: NBB ↗
- Philippe DELVAUX became a director. NBB
- New establishment in Herstal. KBO
- Start of the company according to the CBE. KBO
In short
From € 131,349 profit in 2022 to € 398,845 profit in 2025.
Paid € 382,560 in corporate taxes since 2022.
Best year ever: 2024, with € 465,314 profit.
On average € 92,600 of value added per employee in 2025.
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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
Management
Behind PIERRE FRERE ET FILS is Philippe DELVAUX.
Directors
According to the 2025 annual accounts
Philippe DELVAUX
Director
since 1994
Establishments
Establishment units
Physical locations of this company
Rue de l'Eperonnerie 71
4041 Herstal
Rue de l'Eperonnerie SN
4041 Herstal
Active since 15 May 1987
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
- 0430.805.605
- VAT number
- BE 0430.805.605
- Registered office
- Rue de l'Eperonnerie 71, 4041 Herstal
- Names & denominations
- PIERRE FRERE ET FILS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 March 1987
- Peppol
- Active · Active since 30 Dec 2025
- Activities · NACE
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