Financials
Financial year 2025
PIELS-GUSTIN from Ferrières, company number BE0809630096, closed financial year 2025 with a result of € 3,465 after tax. For that financial year PIELS-GUSTIN recorded a gross margin of € 169,323 and equity of € 105,271. Compared with financial year 2024, the result moved from € 5,866 to € 3,465. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 17, 2026.
€ 105,271
▼ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,465
▼ 41% vs 2024
Profit after tax over the fiscal year.
€ 46,694
▲ 49% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 32,900 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
2
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 77,492
▲ 21% vs 2024
€ 38,700 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.
€ 29,365
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 234,697
▲ 59% vs 2024
€ 36,787 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 8,766
▼ 36% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 25,295
▲ 91% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 144,228 | € 91,539 | € 126,108 | € 169,323 | ▲ 34% |
| Profit after taxes | € 43,141 | € -6,604 | € 5,866 | € 3,465 | ▼ 41% |
| Equity | € 135,444 | € 128,840 | € 134,706 | € 105,271 | ▼ 22% |
| Total debts | € 209,357 | € 159,903 | € 174,525 | € 299,645 | ▲ 72% |
| Cash | € 64,293 | € 29,480 | € 31,333 | € 46,694 | ▲ 49% |
| Land & buildings | € 83,856 | € 82,380 | € 80,904 | € 227,246 | ▲ 181% |
| Retained profit | € 128,286 | € 122,161 | € 128,506 | € 99,071 | ▼ 23% |
| Dividend | € 12,800 | € 0 | € 0 | € 32,900 | |
| Bank debt | € 171,939 | € 141,066 | € 147,530 | € 234,697 | ▲ 59% |
| Balance sheet total | € 347,846 | € 291,022 | € 310,744 | € 405,662 | ▲ 31% |
| Employees (FTE) | 1.3 | 1.8 | 2.2 | 2 | ▼ 0.2 |
Key figures of PIELS-GUSTIN, 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 PIELS-GUSTIN?
What happened at PIELS-GUSTIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,465 (▼ 41% vs 2024). Source: NBB ↗
- New establishment in Ferrières. KBO
- Start of the company according to the CBE. KBO
In short
From € 43,141 profit in 2022 to € 3,465 profit in 2025.
Paid € 30,045 in corporate taxes since 2022.
Best year ever: 2022, with € 43,141 profit.
On average € 84,700 of value added per employee in 2025.
Management
Behind PIELS-GUSTIN are Christophe Piels and Frédéric Gustin.
Directors
According to the 2025 annual accounts
Christophe Piels
Director
Frédéric Gustin
Director
Establishments
Establishment units
Physical locations of this company
Croix Frère Pierre 1 box A
4190 Ferrières
Route de Marche 21
4190 Ferrières
Active since 6 February 2009
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0809.630.096
- VAT number
- BE 0809.630.096
- Registered office
- Croix Frère Pierre 1 bus A, 4190 Ferrières
- Names & denominations
- PIELS-GUSTIN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 February 2009
- Peppol
- Active · Active since 1 Jul 2025
- Activities · NACE
Landschapsverzorging
Handelsbemiddeling in de groothandel in voedings- en genotmiddelen
Exploitatie van bossen