ACTIVE

PIERRET

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Financial year 2025 · closed on 31/12/2025

Net result

4,3 M €

-38.5% YoY

Revenue

103,5 M €

+1.5% YoY

Equity

50,7 M €

+7.7% YoY

Workforce

304,0 ETP

-1.3% YoY

What does PIERRET do?

PIERRET is a Public limited company incorporated in 1972. Its main activity is: Manufacture of other builders' carpentry and joinery. Its registered office is in Libin. It employs on average 304,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0412.081.734

Incorporation

10/03/1972

Legal form

Public limited company

Registered office

Zoning Le Cerisier,Transinne 10
6890 Libin · WallonieSee on map

Contributed capital

2 000 000,00 €

Latest accounts

31/12/2025

Average workforce

304,0 ETP

Activities (NACE)

16230Manufacture of other builders' carpentry and joinery· main 16230Manufacture of other builders' carpentry and joinery 20300Manufacture of paints, varnishes and similar coatings, printing ink and mastics 22230Manufacture of builders’ ware of plastic 22240Manufacture of plastic products 25230Manufacture of tanks, reservoirs and containers of metal+15

Joint committees (4)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	103,5 M €	+1.5%	102 M €	-6.3%	108,8 M €	+14.6%	94,9 M €	+15.2%	82,4 M €	+33.3%	61,8 M €	+7.9%	57,3 M €	-0.0%	57,3 M €	+10.4%	51,9 M €	+10.6%	46,9 M €	+13.0%	41,5 M €	+8.0%	38,5 M €	-15.0%	45,2 M €	-7.7%	49 M €	-5.5%	51,8 M €	+6.1%	48,8 M €	-0.9%	49,3 M €	+0.9%	48,9 M €	+32.8%	36,8 M €	+10.3%	33,3 M €
EBITDA	12,5 M €	-6.8%	13,4 M €	+19.0%	11,3 M €	+18.8%	9,5 M €	-10.2%	10,6 M €	+49.3%	7,1 M €	+9.7%	6,5 M €	-16.3%	7,7 M €	+34.0%	5,8 M €	+19.9%	4,8 M €	+47.2%	3,3 M €	+75.8%	1,9 M €	-41.3%	3,2 M €	+64.4%	1,9 M €	-60.5%	4,9 M €	+5.5%	4,6 M €	+39.9%	3,3 M €	-2.6%	3,4 M €	+38.2%	2,5 M €	-41.8%	4,2 M €
Operating result	6,8 M €	-28.8%	9,5 M €	+36.1%	7 M €	+35.3%	5,2 M €	-18.3%	6,3 M €	+53.5%	4,1 M €	+14.3%	3,6 M €	-27.7%	5 M €	+58.3%	3,2 M €	+30.4%	2,4 M €	+104%	1,2 M €	+42.9%	829 k €	-41.7%	1,4 M €	+4.6%	1,4 M €	-51.9%	2,8 M €	+17.9%	2,4 M €	+141%	996,2 k €	+78.6%	557,9 k €	+43.4%	389 k €	-85.6%	2,7 M €
Net result	4,3 M €	-38.5%	7 M €	+35.6%	5,1 M €	+37.9%	3,7 M €	-26.4%	5,1 M €	+49.0%	3,4 M €	-1.3%	3,4 M €	-12.5%	3,9 M €	+59.5%	2,5 M €	+15.5%	2,1 M €	+160%	820,5 k €	+76.6%	464,5 k €	-54.2%	1 M €	-30.2%	1,5 M €	-18.7%	1,8 M €	+29.3%	1,4 M €	+175%	500,9 k €	+41.0%	355,3 k €	+491%	60,1 k €	-96.3%	1,6 M €
Balance sheet
Equity	50,7 M €	+7.7%	47,1 M €	+15.4%	40,8 M €	+12.2%	36,3 M €	+9.1%	33,3 M €	+15.1%	28,9 M €	+13.1%	25,6 M €	+16.8%	21,9 M €	+21.7%	18 M €	+15.7%	15,6 M €	+15.7%	13,4 M €	+6.3%	12,7 M €	+3.5%	12,2 M €	+8.7%	11,3 M €	+14.1%	9,9 M €	+19.5%	8,3 M €	+17.0%	7,1 M €	+3.9%	6,8 M €	+16.4%	5,8 M €	-33.1%	8,7 M €
Total assets	114 M €	+36.1%	83,8 M €	+18.0%	71 M €	-3.4%	73,5 M €	+11.6%	65,9 M €	+14.9%	57,3 M €	+5.2%	54,5 M €	+24.7%	43,7 M €	+6.5%	41 M €	+2.3%	40,1 M €	+8.8%	36,9 M €	+0.3%	36,8 M €	+15.4%	31,8 M €	+8.4%	29,4 M €	+22.5%	24 M €	+0.4%	23,9 M €	-9.2%	26,3 M €	+0.7%	26,1 M €	-1.0%	26,4 M €	+14.8%	23 M €
Cash	6,1 M €	-15.0%	7,2 M €	-49.7%	14,3 M €	+26.1%	11,3 M €	+44.6%	7,8 M €	+31.6%	5,9 M €	+137%	2,5 M €	-44.1%	4,5 M €	+80.1%	2,5 M €	-38.2%	4 M €	+322%	958,1 k €	-65.8%	2,8 M €	-3.9%	2,9 M €	+270%	786,9 k €	-75.7%	3,2 M €	+3.5%	3,1 M €	-5.7%	3,3 M €	+17.4%	2,8 M €	+54.2%	1,8 M €	+8.0%	1,7 M €
Debts	59,6 M €	+80.1%	33,1 M €	+23.9%	26,7 M €	-22.2%	34,4 M €	+12.9%	30,4 M €	+12.1%	27,2 M €	-2.3%	27,8 M €	+34.6%	20,6 M €	-6.3%	22 M €	-6.7%	23,6 M €	+5.0%	22,5 M €	-3.9%	23,4 M €	+26.6%	18,5 M €	+8.5%	17,1 M €	+30.2%	13,1 M €	-10.8%	14,7 M €	-20.5%	18,5 M €	-3.3%	19,1 M €	-5.7%	20,3 M €	+46.1%	13,9 M €
Other
Workforce	304,0 ETP	-1.3%	307,9 ETP	+0.6%	306,0 ETP	+9.3%	279,9 ETP	+3.5%	270,5 ETP	+17.9%	229,4 ETP	+7.8%	212,8 ETP	+5.2%	202,3 ETP	+4.6%	193,4 ETP	+3.9%	186,2 ETP	+9.9%	169,5 ETP	-4.9%	178,3 ETP	-3.6%	184,9 ETP	-0.9%	186,5 ETP	+5.7%	176,5 ETP	-2.3%	180,7 ETP	+4.0%	173,7 ETP	+1.6%	170,9 ETP	+3.0%	166,0 ETP	+0.6%	165,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 25 ended

Active mandates

Arnaud Pierret

Director · since 11 décembre 2023 · until 29 juin 2029

Active

Daphnée Pierret

Chairman of the board of directors · since 11 décembre 2023 · until 29 juin 2029

Active

Daphnée Pierret

Director · since 11 décembre 2023 · until 29 juin 2029

Active

Daphnée Pierret

Managing director · since 11 décembre 2023 · until 29 juin 2029

Active

Ended mandates

Arnaud Pierret

Chairman of the board of directors · since 10 juillet 2022 · until 11 décembre 2023

Ended

Arnaud Pierret

Chairman of the board of directors · since 10 juillet 2022 · until 05 mai 2028

Ended

Daphnée Pierret

Managing director · since 10 juillet 2022 · until 05 mai 2028

Ended

Arnaud Pierret

Director · since 12 octobre 2019 · until 06 mai 2022

Ended

At this address

Other companies at this address

Company	CBE no.
PIERRET EXTRUSION● Active	0469.623.817
PIERRET MARKETING & DEVELOPMENT● Active	0461.960.817
PIERRET PROJECT● Active	0831.341.270
R.A.D.● Active	0468.247.011

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	08/07/2026	30/06/2025	08/07/2024	26/09/2023	14/09/2022	08/07/2021
General meeting	26/06/2026	27/06/2025	28/06/2024	29/06/2023	10/07/2022	30/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

40 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	26/06/2026	08/07/2026	French	PDF
m122-f-p	31/12/2025	26/06/2026	14/07/2026	French	PDF
Full model	31/12/2024	27/06/2025	30/06/2025	French	PDF
m122-f-p	31/12/2024	27/06/2025	30/06/2025	French	PDF
Full model	31/12/2023	28/06/2024	08/07/2024	French	PDF
m122-f-p	31/12/2023	28/06/2024	18/07/2024	French	PDF
Full model	31/12/2022	29/06/2023	26/09/2023	French	PDF
m122-f-p	31/12/2022	29/06/2023	17/10/2023	French	PDF
Full model	31/12/2021	10/07/2022	14/09/2022	French	PDF
m122-f-p	31/12/2021	10/07/2022	14/09/2022	French	PDF
Full model	31/12/2020	30/06/2021	08/07/2021	French	PDF
m122-f-p	31/12/2020	30/06/2021	08/07/2021	French	PDF
Full model	31/12/2019	30/09/2020	21/10/2020	French	PDF
m122-f-p	31/12/2019	30/09/2020	21/10/2020	French	PDF
Full model	31/12/2018	30/08/2019	12/09/2019	French	PDF
m122-f-p	31/12/2018	30/08/2019	12/09/2019	French	PDF
Full model	31/12/2017	08/06/2018	18/09/2018	French	PDF
m122-f-p	31/12/2017	02/06/2018	18/09/2018	French	PDF
Full model	31/12/2016	02/06/2017	06/06/2017	French	PDF
m122-f-p	31/12/2016	02/06/2017	07/06/2017	French	PDF
Full model	31/12/2015	03/06/2016	24/06/2016	French	PDF
m122-f-p	31/12/2015	03/06/2016	24/06/2016	French	PDF
Full model	31/12/2014	05/06/2015	08/06/2015	French	PDF
m122-f-p	31/12/2014	05/06/2015	08/06/2015	French	PDF

View all 40 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 25 ended

Active mandates

Arnaud Pierret

Director · since 11 décembre 2023 · until 29 juin 2029

Active

Daphnée Pierret

Chairman of the board of directors · since 11 décembre 2023 · until 29 juin 2029

Active

Daphnée Pierret

Director · since 11 décembre 2023 · until 29 juin 2029

Active

Daphnée Pierret

Managing director · since 11 décembre 2023 · until 29 juin 2029

Active

Ended mandates

Arnaud Pierret

Chairman of the board of directors · since 10 juillet 2022 · until 11 décembre 2023

Ended

Arnaud Pierret

Chairman of the board of directors · since 10 juillet 2022 · until 05 mai 2028

Ended

Daphnée Pierret

Managing director · since 10 juillet 2022 · until 05 mai 2028

Ended

Arnaud Pierret

Director · since 12 octobre 2019 · until 06 mai 2022

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/10/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates12/11/2024
DEMISSIONS, NOMINATIONS - DIVERS
PDF
Mandates11/01/2024
DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates07/11/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates06/12/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates03/10/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates10/05/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates08/05/2017
DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 20254,3 M €↓
27/06/2025
reconductionChristian Missante — commissaire réviseur
2024
Annual accounts 20247 M €↑
2023
Annual accounts 20235,1 M €↑
2022
Annual accounts 20223,7 M €↓
10/07/2022
nominationDaphnée Pierret — Administrateur-délégué et Président du conseil d'administration
06/05/2022
nominationChristian Missante — commissaire
06/05/2022
reconductionDaphnée Pierret — administrateur
06/05/2022
reconductionArnaud Pierret — administrateur
06/05/2022
reconductionSrl Christian Missante — commissaire
2021
Annual accounts 20215,1 M €↑
2020
Annual accounts 20203,4 M €↓
2019
Annual accounts 20193,4 M €↓
2018
Annual accounts 20183,9 M €↑
2017
Annual accounts 20172,5 M €↑
2016
Annual accounts 20162,1 M €↑
2015
Annual accounts 2015820,5 k €↑
2014
Annual accounts 2014464,5 k €↓
2013
Annual accounts 20131 M €↓
2012
Annual accounts 20121,5 M €↓
2011
Annual accounts 20111,8 M €↑
2010
Annual accounts 20101,4 M €↑
2009
Annual accounts 2009500,9 k €↑
2008
Annual accounts 2008355,3 k €↑
2007
Annual accounts 200760,1 k €↓
2006
Annual accounts 20061,6 M €
10/03/1972
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

PIERRET

Overview

What does PIERRET do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline