Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PIERA from Theux, company number BE0845695686, closed financial year 2025 with a result of € -75,060 after tax. For that financial year PIERA recorded a gross margin of € 14,893 and equity of € -282,272. Compared with financial year 2024, the result moved from € -40,296 to € -75,060. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.
€ -282,272
▼ € 75,060 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -75,060
▼ 86 % more loss than in 2024
Profit after tax over the fiscal year.
€ 2,111
▼ 73% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -407,272.
Debts at end 2025
€ 624,718
▼ 8% vs 2024
€ 62,740 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 5,970
▼ 60% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 653
▼ 70% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 349,777 | € 46,782 | € 52,095 | € 14,893 | ▼ 71% |
| Profit after taxes | € -51,767 | € -38,142 | € -40,296 | € -75,060 | ▼ € 34,763 |
| Equity | € -128,774 | € -166,917 | € -207,213 | € -282,272 | ▼ € 75,060 |
| Total debts | € 1,290,947 | € 1,256,608 | € 1,207,338 | € 1,217,518 | ▲ 1% |
| Cash | € 42,335 | € 38,075 | € 7,917 | € 2,111 | ▼ 73% |
| Land & buildings | € 1,111,733 | € 1,046,474 | € 981,216 | € 922,912 | ▼ 6% |
| Retained profit | € -253,774 | € -291,917 | € -332,213 | € -407,272 | ▼ € 75,060 |
| Bank debt | € 799,085 | € 739,581 | € 681,422 | € 624,718 | ▼ 8% |
| Balance sheet total | € 1,162,173 | € 1,089,692 | € 1,000,125 | € 935,246 | ▼ 6% |
Key figures of PIERA, 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 PIERA?
What happened at PIERA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 75,060. Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Theux. KBO
In short
From € 51,767 loss in 2022 to € 75,060 loss in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind PIERA are JEAN-POL BOLLETTE and PHILIPPE BOLLETTE. The same people are also behind TRINON ASSOCIES IMMO, MANAGEMENT CONSEILS SERVICES, REBABO, GREEN ISOLOGIC and A.B.II. JEAN-POL BOLLETTE is also behind GREEN CONSTRUCT. PHILIPPE BOLLETTE is also behind E.G.C.G. BO and ITC WALL.
Directors
According to the 2025 annual accounts
JEAN-POL BOLLETTE
Director
Also active at: TRINON ASSOCIES IMMO, MANAGEMENT CONSEILS SERVICES, REBABO, GREEN ISOLOGIC, A.B.II, BALINGUA, GREEN CONSTRUCT
PHILIPPE BOLLETTE
Director
Also active at: TRINON ASSOCIES IMMO, MANAGEMENT CONSEILS SERVICES, REBABO, GREEN ISOLOGIC, A.B.II, BALINGUA, E.G.C.G. BO, ITC WALL
Establishments
Establishment units
Physical locations of this company
Rue des Sarts 11
4910 Theux
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →MANAGEMENT CONSEILS SERVICES same network
€ 221,042 gross margin · 2025
A.C.R.V. II
A.B.II same network
€ 624,675 gross margin · 2025
BALINGUA same network
€ 32,225 gross margin · 2025
ITC WALL same network
€ 39,720 gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0845.695.686
- VAT number
- BE 0845.695.686
- Registered office
- Rue des Sarts 11, 4910 Theux
- Names & denominations
- PIERA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 May 2012
- Peppol
- Active · Active since 7 Jan 2026
- Activities · NACE
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Slopen
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