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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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Busy address KBO
44 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Thomas & Piron Bâtiment from Namur, company number BE0848805725, closed financial year 2025 with a result of € 7.7 million after tax. For that financial year Thomas & Piron Bâtiment recorded revenue of € 175.9 million and equity of € 75.5 million. Compared with financial year 2024, the result moved from € 9.2 million to € 7.7 million. 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 August 20, 2026.
€ 75.5 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7.7 million
▼ 15% vs 2024
Profit after tax over the fiscal year.
€ 3.2 million
▼ 38% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 6.5 million paid out
84 % of the profit went to the shareholders, mostly to TP Holding SA (100 % of the shares). That is where the money ends up.
People and assets in 2025
380
▼ 4.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 26.7 million
▲ 3% vs 2024
€ 70,100 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.
€ 2.9 million
▼ 11% vs 2024
Of which on lease € 1.9 million.
Debts at end 2025
€ 8.7 million
▲ 17% vs 2024
€ 188,554 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 35.4 million
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 97 days on average.
€ 6.6 million
▲ 1% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 156,119,041 | € 173,351,384 | € 173,241,171 | € 175,851,579 | ▲ 2% |
| Profit after taxes | € 4,133,009 | € 9,561,876 | € 9,151,088 | € 7,736,728 | ▼ 15% |
| Equity | € 62,562,903 | € 72,124,779 | € 74,275,867 | € 75,512,595 | ▲ 2% |
| Total debts | € 71,088,244 | € 63,187,047 | € 82,335,210 | € 74,996,493 | ▼ 9% |
| Cash | € 8,978,616 | € 10,641,219 | € 5,171,635 | € 3,205,276 | ▼ 38% |
| Land & buildings | - | - | € 721,078 | € 662,837 | ▼ 8% |
| Retained profit | € 51,770,290 | € 61,332,166 | € 63,483,254 | € 64,719,982 | ▲ 2% |
| Dividend | € 0 | € 0 | € 7,000,000 | € 6,500,000 | ▼ 7% |
| Bank debt | € 11,512,420 | € 4,783,912 | € 7,453,661 | € 8,743,038 | ▲ 17% |
| Balance sheet total | € 139,690,889 | € 142,679,408 | € 163,919,236 | € 158,112,791 | ▼ 4% |
| Employees (FTE) | 435 | 395.4 | 384.5 | 380 | ▼ 4.5 |
Key figures of Thomas & Piron Bâtiment, 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 Thomas & Piron Bâtiment?
What happened at Thomas & Piron Bâtiment in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ABSOlute Consulting SRL stepped down as director. NBB
- Bernard Piron SRL stepped down as director. NBB
- SMAPIC SRL stepped down as director. NBB
- DLP PROJECT SRL stepped down as director. NBB
- François Piron SRL stepped down as director. NBB
- Edouard HERINCKX stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 7.7 million (▼ 15% vs 2024). filed late Source: NBB ↗
- ABSOlute Consulting SRL became a director. NBB
In short
From € 4.1 million profit in 2022 to € 7.7 million profit in 2025.
Paid € 11.1 million in corporate taxes since 2022.
Best year ever: 2023, with € 9.6 million profit.
Paid out € 13.5 million in dividends to the owners in total.
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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
The shares are held by TP Holding SA (100%). It owns 100% of Résilis, 99% of Bureaux Cauchy C, 50% of Les Jardins de Courbevoie, 50% of Foncière des Champs, 50% of La Croisée des Champs and 30% of Bavière Developpement itself.
Directors
According to the 2025 annual accounts
Chairman of the board · represented by Bernard Piron
Also active at: THOMAS ET PIRON HOME, THOMAS & PIRON HOLDING, SOLUXIM, THOMAS & PIRON ICT, EKLOZIO
since 2024 · until 2030
Managing director · represented by Aubry Lefebvre
Also active at: SOMIBA, B.T.A. CONSTRUCT, Triomphe 174, NORDI, Coeur de Ville, FONCIERE INVEST, FONCIERE DE BAVIERE C, FONCIERE DE BAVIERE A +18 more
since 2024 · until 2030
Managing director · represented by Pascal Delahaut
Also active at: Thomas & Piron RENOVATION, NORDI, GATE OF EUROPE NIVELLES BUSINESS PARK REAL ESTATE
since 2024 · until 2030
Director · represented by François Piron
Also active at: THOMAS ET PIRON HOME, SOTRABA, Galère, THOMAS & PIRON HOLDING, B.T.A. CONSTRUCT, DESSIN PERFORMANCE ENERGIE, ESPACES PROMOTION, SOLUXIM +24 more
since 2025 · until 2030
Director · represented by Olivier BEGUIN
Also active at: I.D., THOMAS & PIRON HOME, ORTHOPEDIE TOUSSAINT, OTTIGNIMMO, Galère, Sporsystem, MECCO-GOSSENT, Société anonyme WAUTERS NV +50 more
since 2026 · until 2030
Edouard HERINCKX
Director
Also active at: CASORODA, Thomas & Piron RENOVATION, Coeur de Ville, Bureau Cauchy C, UNIPARK, Pilatus Six, RESILIS, ASTY MOULIN PROPERTIES +4 more
since 2024 · until 2030
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Rue du Fort d'Andoy(WD) 5
5100 Namur
La Besace-rue de Maissin, Our 14
6852 Paliseul
Active since 24 June 2013
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 44 companies are registered at this address.
All companies at this address →B.T.A. CONSTRUCT same network
€ -5,059 gross margin · 2025
THOMAS & PIRON ICT same network
€ 2.9 million gross margin · 2025
Thomas & Piron RENOVATION same network
€ 50.4 million revenue · 2025
NORDI same network
€ -475 gross margin · 2025
Coeur de Ville same network
€ 7.8 million revenue · 2025
+39 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
- 0848.805.725
- VAT number
- BE 0848.805.725
- Registered office
- Rue du Fort d'Andoy(WD) 5, 5100 Namur
- Names & denominations
- Thomas & Piron Bâtiment · TP BAT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 September 2012
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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