Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 24.9 to 21.7.
Financials
Financial year 2025
Pierard from Sint-Truiden, company number BE0436130410, closed financial year 2025 with a result of € 243,318 after tax. For that financial year Pierard recorded a gross margin of € 2 million and equity of € 5.2 million. Compared with financial year 2024, the result moved from € 154,126 to € 243,318. Profitable, and profit is growing. 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 2, 2026.
€ 5.2 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 243,318
▲ 58% vs 2024
Profit after tax over the fiscal year.
€ 155,041
▼ 21% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 3.3 million.
People and assets in 2025
21.7
▼ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.4 million
▲ 2% vs 2024
€ 64,100 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.
€ 27,337
▲ 195% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.7 million
▼ 12% vs 2024
€ 189,496 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 183,514
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 261,283
▲ 41% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,602,985 | € 1,987,140 | € 1,906,770 | € 2,045,926 | ▲ 7% |
| Profit after taxes | € 143,266 | € 277,478 | € 154,126 | € 243,318 | ▲ 58% |
| Equity | € 4,501,604 | € 4,779,082 | € 4,933,208 | € 5,176,526 | ▲ 5% |
| Total debts | € 3,878,632 | € 3,687,990 | € 3,471,175 | € 3,185,690 | ▼ 8% |
| Cash | € 239,274 | € 274,806 | € 196,463 | € 155,041 | ▼ 21% |
| Land & buildings | € 3,450,963 | € 3,288,909 | € 3,856,522 | € 3,647,203 | ▼ 5% |
| Retained profit | € 2,614,047 | € 2,891,525 | € 3,045,651 | € 3,288,969 | ▲ 8% |
| Bank debt | € 3,276,383 | € 3,065,628 | € 3,067,866 | € 2,701,135 | ▼ 12% |
| Balance sheet total | € 8,380,236 | € 8,467,072 | € 8,404,383 | € 8,362,216 | ▼ 1% |
| Employees (FTE) | 24.7 | 24.9 | 23.1 | 21.7 | ▼ 1.4 |
Key figures of Pierard, 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 Pierard?
What happened at Pierard in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- JEROEN FRISSAER stepped down as director. NBB
- RUTGER FRISSAER stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 243,318 (▲ 58% vs 2024). Source: NBB ↗
- JEROEN FRISSAER became a director. NBB
- RUTGER FRISSAER became a director. NBB
- New establishment in Sint-Truiden. KBO
- New establishment in Sint-Truiden. KBO
- Start of the company according to the CBE. KBO
In short
From € 143,266 profit in 2022 to € 243,318 profit in 2025.
Paid € 148,464 in corporate taxes since 2022.
Best year ever: 2023, with € 277,478 profit.
On average € 94,300 of value added per employee in 2025.
A new publication or filing at Pierard? 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
Management
The stake of PST-IMMO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PierardThe shares are held by PST-IMMO (100%).
Directors
According to the 2025 annual accounts
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Sint-Jorisstraat 4010
3800 Sint-Truiden
Diesterstraat 14
3800 Sint-Truiden
Active since 20 July 2016
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0436.130.410
- VAT number
- BE 0436.130.410
- Registered office
- Sint-Jorisstraat 4010, 3800 Sint-Truiden
- Names & denominations
- Pierard
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 January 1989
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- pierard.be
- Activities · NACE
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