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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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Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2025
PIETTE & PARTNERS from Kortrijk, company number BE0448811575, closed financial year 2025 with a result of € 434,038 after tax. For that financial year PIETTE & PARTNERS recorded revenue of € 5.7 million and equity of € 3.4 million. Compared with financial year 2024, the result moved from € 596,707 to € 434,038. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 9, 2026.
€ 3.4 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 434,038
▼ 27% vs 2024
Profit after tax over the fiscal year.
€ 4.7 million
▲ 273% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 412,336 paid out
95 % of the profit went to the shareholders, mostly to P&V Assurances CV (100 % of the shares). That is where the money ends up.
People and assets in 2025
26.2
▲ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.2 million
▲ 8% vs 2024
€ 121,000 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.
€ 627,136
▲ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 6 million
▲ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 1265 days on average.
€ 567,160
▲ 9% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2021 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 4,095,462 | € 4,888,301 | € 5,293,572 | € 5,726,235 | ▲ 8% |
| Profit after taxes | € 130,038 | € -97,018 | € 596,707 | € 434,038 | ▼ 27% |
| Equity | € 3,325,799 | € 3,146,894 | € 3,343,053 | € 3,361,525 | ▲ 1% |
| Total debts | € 5,024,343 | € 6,618,656 | € 5,684,622 | € 7,247,088 | ▲ 27% |
| Cash | € 4,125,662 | € 2,605,627 | € 1,257,455 | € 4,686,298 | ▲ 273% |
| Land & buildings | € 1,391,913 | € 1,292,724 | € 2,036,080 | € 2,590,100 | ▲ 27% |
| Retained profit | € 117,454 | € -61,451 | € 105,642 | € 127,344 | ▲ 21% |
| Dividend | € 123,536 | € 0 | € 429,614 | € 412,336 | ▼ 4% |
| Balance sheet total | € 8,350,143 | € 9,800,550 | € 9,072,363 | € 10,617,225 | ▲ 17% |
| Employees (FTE) | 22.8 | 24.2 | 25.2 | 26.2 | ▲ 1 |
Key figures of PIETTE & PARTNERS, fiscal years 2021 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 PIETTE & PARTNERS?
What happened at PIETTE & PARTNERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Christophe Linet stepped down as director. NBB
- Frank Gheysen stepped down as director. NBB
- Michel Lüttgens stepped down as director. NBB
- Sophie Misselyn stepped down as director. NBB
- Guy Piette stepped down as director. NBB
- Andy Beirlaen stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 434,038 (▼ 27% vs 2024). Source: NBB ↗
- Guy Piette became a director. NBB
In short
From € 130,038 profit in 2021 to € 434,038 profit in 2025.
Paid € 590,483 in corporate taxes since 2021.
Best year ever: 2024, with € 596,707 profit.
Paid out € 965,485 in dividends to the owners in total.
Management
The shares are held by P&V Assurances CV (100%) and P&V Previdis CV (0%).
Directors
According to the 2025 annual accounts
Guy Piette
Director
since 2023 · until 2027
Christophe Linet
Director
since 2017 · until 2029
Andy Beirlaen
COO
since 2023 · until 2027
Frank Gheysen
CEO
since 2022 · until 2029
Michel Lüttgens
Director
since 2020 · until 2029
Sophie Misselyn
Director
since 2018 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Casinoplein(Kor) 6
8500 Kortrijk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
BELGACOM Proximus Customer Edge-Network, BE
Website info
Features
Security
Details
- Company number
- 0448.811.575
- VAT number
- BE 0448.811.575
- Registered office
- Casinoplein(Kor) 6, 8500 Kortrijk
- Names & denominations
- PIETTE & PARTNERS · PnP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 November 1992
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- pnp.be [email protected] 056220800
- Activities · NACE
Activiteiten van verzekeringsagenten en -makelaars