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 65 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PIRO INVEST from Gent, company number BE0437102784, closed financial year 2025 with a result of € 28,424 after tax. For that financial year PIRO INVEST recorded a gross margin of € 343,598 and equity of € 3.7 million. Compared with financial year 2024, the result moved from € 178,680 to € 28,424. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 11, 2026.
€ 3.7 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 28,424
▼ 84% vs 2024
Profit after tax over the fiscal year.
€ 141,148
▼ 65% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 33,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 4,950
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4.3 million
▼ 7% vs 2024
€ 279,350 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 114,583
▼ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 75,638
▲ 51% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 991,928 | € 80,456 | € 589,574 | € 343,598 | ▼ 42% |
| Profit after taxes | € 462,290 | € -264,778 | € 178,680 | € 28,424 | ▼ 84% |
| Equity | € 3,809,872 | € 3,545,094 | € 3,690,774 | € 3,686,198 | |
| Total debts | € 4,322,094 | € 5,092,110 | € 4,980,097 | € 4,627,250 | ▼ 7% |
| Cash | € 17,754 | € 56,349 | € 402,706 | € 141,148 | ▼ 65% |
| Land & buildings | € 7,298,898 | € 7,238,014 | € 6,694,448 | € 6,433,926 | ▼ 4% |
| Retained profit | € 3,463,841 | € 3,199,063 | € 3,344,743 | € 3,340,167 | |
| Dividend | € 0 | € 0 | € 33,000 | € 33,000 | |
| Bank debt | € 4,143,748 | € 4,831,039 | € 4,641,517 | € 4,295,669 | ▼ 7% |
| Balance sheet total | € 9,091,415 | € 9,567,141 | € 9,609,649 | € 9,252,950 | ▼ 4% |
Key figures of PIRO INVEST, 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 PIRO INVEST?
What happened at PIRO INVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 28,424 (▼ 84% vs 2024). filed late Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 462,290 profit in 2022 to € 28,424 profit in 2025.
Paid € 74,870 in corporate taxes since 2022.
Best year ever: 2022, with € 462,290 profit.
Paid out € 66,000 in dividends to the owners in total.
Management
Behind PIRO INVEST are Pieter VAN PRAET and Anthony VAN PRAET.
Directors
According to the 2025 annual accounts
Pieter VAN PRAET
Managing director
Anthony VAN PRAET
Director
Establishments
Establishment units
Physical locations of this company
Brabantdam 60
9000 Gent
Baudelostraat 21
9000 Gent
Active since 21 March 1989
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0437.102.784
- VAT number
- BE 0437.102.784
- Registered office
- Brabantdam 60, 9000 Gent
- Names & denominations
- PIRO INVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 March 1989
- Peppol
- Active · Active since 14 Jan 2026
- Activities · NACE
Detailhandel in herenbovenkleding
Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires in gespecialiseerde winkels (algemeen assortiment)
Activiteiten van holdings
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)
Overige zakelijke dienstverlening, neg
Handel in eigen onroerend goed