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
PIEM SERVICES from Ciney, company number BE0450644479, closed financial year 2025 with a result of € 19,126 after tax. For that financial year PIEM SERVICES recorded a gross margin of € 63,270 and equity of € 120,714. Compared with financial year 2024, the result moved from € 45,388 to € 19,126. 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 March 25, 2026.
€ 120,714
▲ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19,126
▼ 58% vs 2024
Profit after tax over the fiscal year.
€ 1,929
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 95,925.
People and assets in 2025
€ 2,145
▼ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 52,442
▼ 35% vs 2024
€ 25,718 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 3,058
▼ 28% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,329
▲ 64% 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 | € 35,207 | € 47,481 | € 75,116 | € 63,270 | ▼ 16% |
| Profit after taxes | € -14,182 | € 11,042 | € 45,388 | € 19,126 | ▼ 58% |
| Equity | € 45,158 | € 56,200 | € 101,588 | € 120,714 | ▲ 19% |
| Total debts | € 204,551 | € 178,565 | € 144,622 | € 139,326 | ▼ 4% |
| Cash | € 3,288 | € 1,901 | € 1,923 | € 1,929 | |
| Land & buildings | € 214,556 | € 184,630 | € 165,158 | € 161,101 | ▼ 2% |
| Retained profit | € 20,369 | € 31,411 | € 76,799 | € 95,925 | ▲ 25% |
| Bank debt | € 137,826 | € 112,452 | € 80,762 | € 52,442 | ▼ 35% |
| Balance sheet total | € 249,709 | € 234,765 | € 246,210 | € 260,040 | ▲ 6% |
Key figures of PIEM SERVICES, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to PIEM SERVICES?
What happened at PIEM SERVICES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 19,126 (▼ 58% vs 2024). Source: NBB ↗
- New establishment in Ciney. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,182 loss in 2022 to € 19,126 profit in 2025.
Paid € 11,764 in corporate taxes since 2022.
Best year ever: 2024, with € 45,388 profit.
Management
Behind PIEM SERVICES are XAVIER EMPILIUS and JOELLE PIETTE. XAVIER EMPILIUS is also behind Etablissements André Petre. JOELLE PIETTE is also behind NUTAL et Compagnie and Nutal-Dinant.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Avenue Schlogel 65
5590 Ciney
Rue Léon Simon 15
5590 Ciney
Active since 3 September 1993
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0450.644.479
- VAT number
- BE 0450.644.479
- Registered office
- Avenue Schlogel 65, 5590 Ciney
- Names & denominations
- PIEM SERVICES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 July 1993
- Peppol
- Active · Active since 22 Dec 2025
- Activities · NACE
Overige fiscale dienstverlening
Boekhouders
Boekhouders en boekhouders-fiscalisten
Handelsbemiddeling in de groothandel in andere specifieke goederen
Handelsbemiddeling gespecialiseerd in overige goederen, n.e.g.