What does PIETERCIL GROUP do?

PIETERCIL GROUP is a holding company in Ternat. Public Limited, started on 25 November 2019, 1 establishment.

What is the address of PIETERCIL GROUP?

The registered office of PIETERCIL GROUP is located at Vitseroelstraat 74, 1740 Ternat.

Is PIETERCIL GROUP still active?

Yes. According to the CBE (29 October 2026) PIETERCIL GROUP is active, legal situation “Normale toestand”, started on 25 November 2019.

Is PIETERCIL GROUP registered on Peppol?

Yes, PIETERCIL GROUP is registered on the Peppol network with ID 0208:0738399038.

What is the enterprise number of PIETERCIL GROUP?

The enterprise number of PIETERCIL GROUP is BE0738399038.

When was PIETERCIL GROUP founded?

PIETERCIL GROUP was founded on 25 November 2019.

Who are the directors of PIETERCIL GROUP?

According to the 2025 annual accounts, the directors of PIETERCIL GROUP are: Jan CHRISTIAENS, Klara VAN WAEYENBERGE, Jan DE BRAUWER, Geert DE BRAUWER, DE EIK NV, FAGUS FINANCE NV, KATRIEN BOUSSON BV, ESSP.

Is PIETERCIL GROUP a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 25 November 2019; 5 annual accounts filed, latest fiscal year 2025; 8 directors known from the annual account.

How much profit did PIETERCIL GROUP make in 2025?

PIETERCIL GROUP posted a profit after taxes of € 2,793,245 in financial year 2025.

What is the revenue of PIETERCIL GROUP?

In its most recent annual accounts (2025), PIETERCIL GROUP reported revenue of € 11,374,154.

How much does an employee at PIETERCIL GROUP earn?

The average wage cost per full-time employee at PIETERCIL GROUP was € 102,000 in 2025: staff costs of € 5.4 million for 52.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does PIETERCIL GROUP have?

According to the 2025 annual accounts, PIETERCIL GROUP has 52.7 full-time equivalents (FTE).

Does PIETERCIL GROUP have a website?

Yes, PIETERCIL GROUP has a website at pietercil.com.

PIETERCIL GROUP (Public Limited) - Ternat - BE0738399038

Dossier PIETERCIL GROUP, printed on 29 October 2026 from databakkes.be/en/0738399038/pietercil-group. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

PIETERCIL GROUP from Ternat, company number BE0738399038, closed financial year 2025 with a result of € 2.8 million after tax. For that financial year PIETERCIL GROUP recorded revenue of € 11.4 million and equity of € 41.2 million. Compared with financial year 2024, the result moved from € 2.6 million to € 2.8 million. 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 June 8, 2026.

What it is worth Growing

€ 41.2 million

▲ 1% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 2.8 million

▲ 8% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 126,322

▼ 41% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 2.5 million paid out

90 % of the profit went to the shareholders, mostly to Fagus Finance (54 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

52.7

▼ 2.2 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 5.4 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 5.4 million

▲ 3% vs 2024

€ 102,000 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.

Vehicles and equipment

€ 167,128

▼ 8% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 1.3 million

▲ 28% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 89 days on average.

Taxes and wages

€ 845,628

▼ 2% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 9,912,000 Revenue 2022: € 9,912,000 First fiscal year in the series	€ 10,519,480 Revenue 2023: € 10,519,480 ▲ 6% vs 2022 (€ 9,912,000) Favourable step	€ 10,473,501 Revenue 2024: € 10,473,501 Unchanged (€ 10,519,480) Unfavourable step	€ 11,374,154 Revenue 2025: € 11,374,154 ▲ 9% vs 2024 (€ 10,473,501) Favourable step	▲ 9%
Profit after taxes	€ 2,579,276 Profit after taxes 2022: € 2,579,276 First fiscal year in the series	€ 2,070,170 Profit after taxes 2023: € 2,070,170 ▼ 20% vs 2022 (€ 2,579,276) Unfavourable step	€ 2,578,491 Profit after taxes 2024: € 2,578,491 ▲ 25% vs 2023 (€ 2,070,170) Favourable step	€ 2,793,245 Profit after taxes 2025: € 2,793,245 ▲ 8% vs 2024 (€ 2,578,491) Favourable step	▲ 8%
Equity	€ 40,868,907 Equity 2022: € 40,868,907 First fiscal year in the series	€ 40,539,077 Equity 2023: € 40,539,077 ▼ 1% vs 2022 (€ 40,868,907) Unfavourable step	€ 40,917,568 Equity 2024: € 40,917,568 ▲ 1% vs 2023 (€ 40,539,077) Favourable step	€ 41,210,814 Equity 2025: € 41,210,814 ▲ 1% vs 2024 (€ 40,917,568) Favourable step	▲ 1%
Total debts	€ 2,088,779 Total debts 2022: € 2,088,779 First fiscal year in the series	€ 3,361,473 Total debts 2023: € 3,361,473 ▲ 61% vs 2022 (€ 2,088,779) Unfavourable step	€ 2,780,244 Total debts 2024: € 2,780,244 ▼ 17% vs 2023 (€ 3,361,473) Favourable step	€ 3,346,289 Total debts 2025: € 3,346,289 ▲ 20% vs 2024 (€ 2,780,244) Unfavourable step	▲ 20%
Cash	€ 892,816 Cash 2022: € 892,816 First fiscal year in the series	€ 274,671 Cash 2023: € 274,671 ▼ 69% vs 2022 (€ 892,816) Unfavourable step	€ 213,493 Cash 2024: € 213,493 ▼ 22% vs 2023 (€ 274,671) Unfavourable step	€ 126,322 Cash 2025: € 126,322 ▼ 41% vs 2024 (€ 213,493) Unfavourable step	▼ 41%
Retained profit	€ 868,907 Retained profit 2022: € 868,907 First fiscal year in the series	€ 539,077 Retained profit 2023: € 539,077 ▼ 38% vs 2022 (€ 868,907) Unfavourable step	€ 917,568 Retained profit 2024: € 917,568 ▲ 70% vs 2023 (€ 539,077) Favourable step	€ 1,210,814 Retained profit 2025: € 1,210,814 ▲ 32% vs 2024 (€ 917,568) Favourable step	▲ 32%
Dividend	€ 2,000,000 Dividend 2022: € 2,000,000 First fiscal year in the series	€ 2,400,000 Dividend 2023: € 2,400,000 ▲ 20% vs 2022 (€ 2,000,000) Unchanged	€ 2,200,000 Dividend 2024: € 2,200,000 ▼ 8% vs 2023 (€ 2,400,000) Unchanged	€ 2,500,000 Dividend 2025: € 2,500,000 ▲ 14% vs 2024 (€ 2,200,000) Unchanged	▲ 14%
Balance sheet total	€ 43,163,686 Balance sheet total 2022: € 43,163,686 First fiscal year in the series	€ 44,106,550 Balance sheet total 2023: € 44,106,550 ▲ 2% vs 2022 (€ 43,163,686) Unchanged	€ 43,927,920 Balance sheet total 2024: € 43,927,920 Unchanged (€ 44,106,550) Unchanged	€ 44,824,666 Balance sheet total 2025: € 44,824,666 ▲ 2% vs 2024 (€ 43,927,920) Unchanged	▲ 2%
Employees (FTE)	54.8 Employees (FTE) 2022: 54.8 First fiscal year in the series	57.7 Employees (FTE) 2023: 57.7 ▲ 2.9 vs 2022 (54.8) Unchanged	54.9 Employees (FTE) 2024: 54.9 ▼ 2.8 vs 2023 (57.7) Unchanged	52.7 Employees (FTE) 2025: 52.7 ▼ 2.2 vs 2024 (54.9) Unchanged	▼ 2.2

Key figures of PIETERCIL GROUP, 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 PIETERCIL GROUP?

What happened at PIETERCIL GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 8, 2026 New annual accounts for financial year 2025: profit of € 2.8 million (▲ 8% vs 2024). Source: NBB ↗
2026 Jan CHRISTIAENS stepped down as director. NBB
2026 Klara VAN WAEYENBERGE stepped down as director. NBB
2026 Jan DE BRAUWER stepped down as director. NBB
2026 Geert DE BRAUWER stepped down as director. NBB
2026 DE EIK NV stepped down as director. NBB
2026 FAGUS FINANCE NV stepped down as director. NBB
2026 KATRIEN BOUSSON BV stepped down as director. NBB

In short

From € 2.6 million profit in 2022 to € 2.8 million profit in 2025.

Paid € 692,354 in corporate taxes since 2022.

Best year ever: 2025, with € 2.8 million profit.

Paid out € 9.1 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Fagus Finance 53.8%

De Eik 46.2%

The stake of Fagus Finance, De Eik comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

PIETERCIL GROUP

Pietercil Logistics 100%

Beliès 100%

Pietercil Delby's 100%

The shares are held by Fagus Finance (53.8%) and De Eik (46.2%). It owns 100% of Pietercil Logistics, 100% of Beliès and 100% of Pietercil Delby's itself.