Financials
Financial year 2025
PINEUR CURAGE from Hannut, company number BE0874641674, closed financial year 2025 with a result of € 74,956 after tax. For that financial year PINEUR CURAGE recorded revenue of € 1.6 million and equity of € 791,949. Compared with financial year 2024, the result moved from € 47,300 to € 74,956. 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 April 9, 2026.
€ 791,949
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 74,956
▲ 58% vs 2024
Profit after tax over the fiscal year.
€ 392,744
▲ 35% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 773,349.
People and assets in 2025
9.8
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 549,431
▼ 10% vs 2024
€ 56,100 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.
€ 471,234
▼ 23% vs 2024
Of which on lease € 443,443.
Debts at end 2025
€ 615,464
▼ 26% vs 2024
€ 190,434 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 160,510
▼ 31% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 59,855
▲ 10% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,574,606 | € 2,016,544 | € 1,679,044 | € 1,628,597 | ▼ 3% |
| Gross margin | € 911,873 | € 1,060,827 | € 903,579 | € 957,200 | ▲ 6% |
| Profit after taxes | € 121,549 | € 148,149 | € 47,300 | € 74,956 | ▲ 58% |
| Equity | € 521,544 | € 669,694 | € 716,993 | € 791,949 | ▲ 10% |
| Total debts | € 1,107,409 | € 1,035,715 | € 1,326,651 | € 837,197 | ▼ 37% |
| Cash | € 203,576 | € 135,386 | € 291,779 | € 392,744 | ▲ 35% |
| Land & buildings | € 345,133 | € 300,465 | € 264,123 | € 226,784 | ▼ 14% |
| Retained profit | € 502,944 | € 651,094 | € 698,393 | € 773,349 | ▲ 11% |
| Bank debt | € 621,854 | € 456,524 | € 834,546 | € 615,464 | ▼ 26% |
| Balance sheet total | € 1,628,953 | € 1,760,538 | € 2,064,534 | € 1,629,146 | ▼ 21% |
| Employees (FTE) | 10.3 | 10.5 | 9.9 | 9.8 | ▼ 0.1 |
Key figures of PINEUR CURAGE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to PINEUR CURAGE?
What happened at PINEUR CURAGE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 74,956 (▲ 58% vs 2024). Source: NBB ↗
- New establishment in Seneffe. KBO
- Benoit Aerts became a director. NBB
- Jean-Christophe Rihoux became a director. NBB
- New establishment in Hannut. KBO
- Start of the company according to the CBE. KBO
In short
From € 121,549 profit in 2022 to € 74,956 profit in 2025.
Paid € 139,661 in corporate taxes since 2022.
Best year ever: 2023, with € 148,149 profit.
On average € 97,700 of value added per employee in 2025.
Management
The stake of Canalfin Infra Group comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PINEUR CURAGEBehind PINEUR CURAGE are Jean-Christophe Rihoux and Benoit Aerts. The shares are held by Canalfin Infra Group (100%).
Directors
According to the 2025 annual accounts
since 2019
since 2021
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ruelle Massa 9
4280 Hannut
Rue Charles Richet 4
7180 Seneffe
Active since 9 December 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
ONECOM, DK
Website info
Features
Security
Network
Details
- Company number
- 0874.641.674
- VAT number
- BE 0874.641.674
- Registered office
- Ruelle Massa 9, 4280 Hannut
- Names & denominations
- PINEUR CURAGE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 June 2005
- Peppol
- Active · Active since 2 Sept 2023
- Contact
- pineur-curage.be
- Activities · NACE
Baggerwerken
Grondverzet
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