Active · per the CBE, 29 October 2026

PIERS

BE0889047659

Rechtspersoon Private limited company 1 establishment

PIERS is a pharmacy in Oostende. Private Limited, started on 25 April 2007, 1 establishment.

Breidelstraat 5, 8400 Oostende

Behind the company: Healis Holding BV.

Active for

19 year, 6 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Two loss years in a row NBB

    Negative result in 2025 and 2025.

  • Tight liquidity NBB

    Cash and receivables cover 47 % of short-term debt in 2025; threshold 65 %.

  • Board fully replaced NBB

    No director from three years ago is still active according to annual account 2025.

Financials

Financial year 2025

PIERS from Oostende, company number BE0889047659, closed financial year 2025 with a result of € -68,430 after tax. For that financial year PIERS recorded a gross margin of € 210,477 and equity of € 281,323. Compared with financial year 2025, the result moved from € -126,193 to € -68,430. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 25, 2026.

What it is worth Healthy

€ 281,323

▼ 47% vs 2025

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -68,430

▲ 46 % less loss than in 2025

Profit after tax over the fiscal year.

Cash in the bank

€ 19,208

▼ 87% vs 2025

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 23,573.

People and assets in 2025

Full-time equivalents

5.3

▼ 0.2 vs 2025

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 200,708

▼ 44% vs 2025

€ 37,900 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.

Vehicles and equipment

€ 160,974

▲ 18% vs 2025

Of which on lease € 157,470.

Debts at end 2025

Bank debt ≈ 9 years to go

€ 476,127

€ 52,188 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.

Owed to suppliers

€ 211,345

▲ 12% vs 2025

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 38,708

▲ 12% vs 2025

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2023202420252025Change 2025 → 2025
Gross margin € 378,668 € 309,975 € 303,376 € 210,477 ▼ 31%
Profit after taxes € 13,735 € -69,840 € -126,193 € -68,430 ▲ € 57,763
Equity € 725,785 € 655,945 € 529,753 € 281,323 ▼ 47%
Total debts € 244,635 € 208,998 € 704,237 € 771,180 ▲ 10%
Cash € 144,716 € 91,218 € 151,843 € 19,208 ▼ 87%
Land & buildings € 85,802 € 68,696 € 445,142 € 442,969
Retained profit € 468,035 € 398,195 € 272,003 € 23,573 ▼ 91%
Dividend € 0 € 0 € 0 € 180,000
Bank debt € 0 € 0 € 478,412 € 476,127
Balance sheet total € 970,421 € 864,943 € 1,233,990 € 1,052,503 ▼ 15%
Employees (FTE) 5.1 5.3 5.5 5.3 ▼ 0.2

Key figures of PIERS, fiscal years 2023 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 PIERS?

What happened at PIERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: loss of € 126,193. filed late Source: NBB ↗
  • Healis Holding BV became a director. NBB
  • Sibl-inc stepped down as director. NBB
  • Sibl-inc became a director. NBB
  • New establishment in Oostende. KBO
  • Start of the company according to the CBE. KBO

In short

From € 13,735 profit in 2023 to € 68,430 loss in 2025.

Paid € 2,195 in corporate taxes since 2023.

Best year ever: 2023, with € 13,735 profit.

On average € 39,700 of value added per employee in 2025.

Management

The stake of Healis Holding, SIBL-INC comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

PIERS

Behind PIERS is Healis Holding BV. The shares are held by Healis Holding (100%) and SIBL-INC (99.8%).

Directors

According to the 2025 annual accounts

Sibl-inc

Director · represented by Bruno Piers

since 2015 · until 2025

Shareholders

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Breidelstraat 5

8400 Oostende

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0889.047.659
VAT number
BE 0889.047.659
Registered office
Breidelstraat 5, 8400 Oostende
Names & denominations
PIERS
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
25 April 2007
Peppol
Active · Active since 2 Dec 2025
Activities · NACE

Detailhandel in farmaceutische producten

Apothekers

Detailhandel in cosmetica en toiletartikelen

Detailhandel in medische en orthopedische artikelen

Detailhandel in medische en orthopedische artikelen, muv corrigerende brillen, lenzen en zonnebrillen

Detailhandel in medische en orthopedische artikelen in gespecialiseerde winkels

Frequently asked questions

What does PIERS do?
PIERS is a pharmacy in Oostende. Private Limited, started on 25 April 2007, 1 establishment.
What is the address of PIERS?
The registered office of PIERS is located at Breidelstraat 5, 8400 Oostende.
Is PIERS still active?
Yes. According to the CBE (29 October 2026) PIERS is active, legal situation “Normale toestand”, started on 25 April 2007.
Is PIERS registered on Peppol?
Yes, PIERS is registered on the Peppol network with ID 0208:0889047659.
What is the enterprise number of PIERS?
The enterprise number of PIERS is BE0889047659.
When was PIERS founded?
PIERS was founded on 25 April 2007.