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 27 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Puissant & Co from Ciney, company number BE0768471513, closed financial year 2025 with a result of € 248,953 after tax. For that financial year Puissant & Co recorded a gross margin of € 675,521 and equity of € 481,860. Compared with financial year 2024, the result moved from € 202,249 to € 248,953. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 19, 2026.
€ 481,860
▲ 38% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 248,953
▲ 23% vs 2024
Profit after tax over the fiscal year.
€ 47,999
▼ 34% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 115,500 paid out
46 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
5
▼ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 419,063
▼ 6% vs 2024
€ 83,800 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.
€ 5,310
▼ 39% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 926,831
▼ 24% vs 2024
€ 205,412 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 17,070
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 58,653
▼ 5% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 800,082 | € 672,527 | € 756,796 | € 675,521 | ▼ 11% |
| Profit after taxes | € 113,831 | € 228,328 | € 202,249 | € 248,953 | ▲ 23% |
| Equity | € 197,831 | € 281,159 | € 348,407 | € 481,860 | ▲ 38% |
| Total debts | € 1,825,026 | € 1,734,919 | € 1,467,373 | € 1,138,812 | ▼ 22% |
| Cash | € 193,231 | € 124,044 | € 73,190 | € 47,999 | ▼ 34% |
| Retained profit | € 77,831 | € 161,159 | € 228,407 | € 361,860 | ▲ 58% |
| Dividend | € 36,000 | € 145,000 | € 135,000 | € 115,500 | ▼ 14% |
| Bank debt | € 1,654,129 | € 1,497,684 | € 1,225,583 | € 926,831 | ▼ 24% |
| Balance sheet total | € 2,022,857 | € 2,016,078 | € 1,815,780 | € 1,620,672 | ▼ 11% |
| Employees (FTE) | 4.3 | 5.9 | 6 | 5 | ▼ 1 |
Key figures of Puissant & Co, 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 Puissant & Co?
What happened at Puissant & Co in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 248,953 (▲ 23% vs 2024). filed late Source: NBB ↗
- New establishment in Ciney. KBO
- Start of the company according to the CBE. KBO
In short
From € 113,831 profit in 2022 to € 248,953 profit in 2025.
Paid € 127,893 in corporate taxes since 2022.
Best year ever: 2025, with € 248,953 profit.
On average € 135,100 of value added per employee in 2025.
Management
The stake of Sand Insure, Hichaux Advisory, SmartConnectivity comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Puissant & CoBehind Puissant & Co are SmartConnectivity SRL, HICHAUX ADVISORY SRL and Sand Insure SRL. The shares are held by Sand Insure (34%), Hichaux Advisory (33%) and SmartConnectivity (33%). It owns 100% of Puissant & Co Insurance itself.
Directors
According to the 2025 annual accounts
Director · represented by Ambroise Thirion
Also active at: Puissant & Co Insurance
Director · represented by Haroune Hichaux
Also active at: Puissant & Co Insurance
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Rue du Centre 32-34
5590 Ciney
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.
Details
- Company number
- 0768.471.513
- VAT number
- BE 0768.471.513
- Registered office
- Rue du Centre 32-34, 5590 Ciney
- Names & denominations
- Puissant & Co
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 May 2021
- Peppol
- Active · Active since 29 Sept 2025
- Contact
- [email protected] 083213171
- Activities · NACE
Agenten en makelaars in bankdiensten
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