ACTIVE

THOMAS & PIRON HOME

Financial year 2025 · Closed on 31/12/2025

Net result16,6 M €+68,1 %over 1 year
Revenue211,1 M €+20,1 %over 1 year
Equity122,3 M €+7,7 %over 1 year
Workforce916,5 ETP+0,0 %over 1 year

Identity

Source · BCE/KBO

THOMAS & PIRON HOME is a Public limited company incorporated in 1976. Its main activity is: Construction of buildings. Its registered office is in Paliseul. It employs on average 916,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0415.776.939
Incorporation
10/02/1976
Legal form
Public limited company
Registered office
Rue de la Besace, Our 14
6852 Paliseul · WallonieSee on map
Contributed capital
707 386,95 €
Latest accounts
31/12/2025
Average workforce
916,5 ETP
Joint committees (2)
  • 124
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue211,1 M €175,8 M €162,1 M €211,4 M €191,8 M €
EBITDA26,8 M €19,7 M €13,1 M €27,1 M €24,9 M €
Operating result22,1 M €14,6 M €6,1 M €20,3 M €19,4 M €
Net result16,6 M €9,9 M €4,4 M €15,9 M €15,2 M €
Balance sheet
Equity122,3 M €113,5 M €103,6 M €99,2 M €90,5 M €
Total assets211,1 M €191,2 M €172,5 M €151,5 M €140,7 M €
Cash1,4 M €887 k €7 M €3,8 M €4,4 M €
Debts85,7 M €74,5 M €65,1 M €49,2 M €48,5 M €
Other
Workforce916,5 ETP916,1 ETP976,6 ETP1 014,5 ETP1 008,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 11 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
ABSOlute Consulting0895.690.971Represented by Olivier BEGUIN
Director26/01/2026 → 26/06/2030
RMBV0823.367.474Represented by Olivier REMACLE
Director01/09/2025 → 25/06/2030
Edouard HERINCKX
Director24/05/2018 → 25/06/2030
François Piron0824.098.043Represented by FRANCOIS PIRON
Director01/04/2010 → 25/06/2030Managing director11/10/2013 → 2018 accountsended
HC MANAGEMENT0797.284.273Represented by Cédric HERBIET
Managing director01/01/2023 → 25/06/2030
SPRL Bernard Piron0644.883.021Represented by BERNARD PIRON
Director01/01/2017 → 25/06/2030

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
RULKIN CONSULT0844.779.928Represented by André RULKIN
Director11/10/2013 → 2018 accounts

Other companies at this address

Rue de la Besace, Our 14 6852 Paliseul
CompanyCBE no.
0673.501.583
0438.142.070
EFIMO FP● Active
0803.395.966
0439.986.258
FONDETRE● Active
0550.409.573
FRÊNESAGRI● Active
0555.729.430
0769.301.654
LA FOLIE● Active
0477.672.441
M2J● Active
0881.175.021
PIC EFIMO● Active
0803.395.372
RENOCOSY● Active
0739.587.485
0526.899.347
0436.144.563
TP GESTION● Active
0459.561.551

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date06/07/202627/06/202504/07/202404/07/202304/07/202212/07/2021
General meeting23/06/202624/06/202525/06/202427/06/202328/06/202222/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202523/06/202606/07/2026FrenchPDF
Full model31/12/202424/06/202527/06/2025FrenchPDF
Full model31/12/202325/06/202404/07/2024FrenchPDF
Full model31/12/202227/06/202304/07/2023FrenchPDF
Full model31/12/202128/06/202204/07/2022FrenchPDF
Full model31/12/202022/06/202112/07/2021FrenchPDF
Full model31/12/201923/06/202002/07/2020FrenchPDF
Full model31/12/201825/06/201904/07/2019FrenchPDF
Full model31/12/201724/05/201818/06/2018FrenchPDF
Full modelCorrection31/12/201626/05/201726/06/2017FrenchPDF
Full model31/12/201626/05/201720/06/2017FrenchPDF
Full model31/12/201526/05/201613/06/2016FrenchPDF
Full model31/12/201428/05/201518/06/2015FrenchPDF
Full model31/12/201322/05/201419/06/2014FrenchPDF
Full model31/12/201223/05/201317/06/2013FrenchPDF
Full model31/12/201124/05/201215/06/2012FrenchPDF
Full model31/12/201026/05/201110/06/2011FrenchPDF
Full model31/12/200927/05/201022/06/2010FrenchPDF
Full model31/12/200828/05/200918/06/2009FrenchPDF
Full model31/12/200722/05/200812/06/2008FrenchPDF
Full model31/12/200615/06/200725/06/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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.

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 11 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
ABSOlute Consulting0895.690.971Represented by Olivier BEGUIN
Director26/01/2026 → 26/06/2030
RMBV0823.367.474Represented by Olivier REMACLE
Director01/09/2025 → 25/06/2030
Edouard HERINCKX
Director24/05/2018 → 25/06/2030
François Piron0824.098.043Represented by FRANCOIS PIRON
Director01/04/2010 → 25/06/2030Managing director11/10/2013 → 2018 accountsended
HC MANAGEMENT0797.284.273Represented by Cédric HERBIET
Managing director01/01/2023 → 25/06/2030
SPRL Bernard Piron0644.883.021Represented by BERNARD PIRON
Director01/01/2017 → 25/06/2030

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
RULKIN CONSULT0844.779.928Represented by André RULKIN
Director11/10/2013 → 2018 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates04/08/2026
    Nomination d'un commissaire
    PDF
  • Mandates21/05/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Other20/10/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - OBJET
    PDF
  • Mandates15/10/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/11/2024
    DENOMINATION - OBJET
    PDF
  • Mandates03/09/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/07/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/03/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DENOMINATION - OBJET - DEMISSIONS, NOMINATIONS
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings19 filings
Mandates
ABSOlute Consulting
RMBV
SPRL Bernard Piron
HC MANAGEMENT
François Piron
Edouard HERINCKX
RULKIN CONSULT
J.P. CONSULT
ETIENNE DEWULF
ISIDOOR THIJS
BERNARD PIRON
LOUIS-MARIE PIRON
1976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030
THOMAS & PIRON HOMETHOMAS ET PIRON HOMETHOMAS ET PIRON
Rue de la Besace, Our 14, 6852 Maissin
Director
Director
Director
Managing director
DirectorManaging director
Director
Director
Director
Director
Director
Director
Managing director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Rue de la Besace, Our 14, 6852 MaissinCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00268670

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
THOMAS & PIRON HOMECurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00268670
THOMAS ET PIRON HOME
accounts 2014 → 2020
Accounts 2020 · 2021-34500453
THOMAS ET PIRON
accounts 2006 → 2012
Accounts 2012 · 2013-18000510

Events

  1. 26/01/2026
    nominationABSOlute Consulting SRL · administrateur
  2. 2025
    Annual accounts 202516,6 M €↑
  3. 01/09/2025
    nominationRMBV SRL · administrateur
  4. 2024
    Annual accounts 20249,9 M €↑
  5. 25/06/2024
    nominationSRL FRANCOIS PIRON · administrateur
  6. 25/06/2024
    nominationSRL HC MANAGEMENT · administrateur
  7. 25/06/2024
    nominationSRL BERNARD PIRON · administrateur
  8. 25/06/2024
    nominationHERINCKX Edouard · administrateur
  9. 25/06/2024
    nominationHC MANAGEMENT · administrateur délégué
  10. 2023
    Annual accounts 20234,4 M €↓
  11. 27/06/2023
    reconductionSRL E&Y Réviseurs d'Entreprises · commissaire
  12. 24/01/2023
    nominationSRL HC MANAGEMENT · administrateur délégué
  13. 01/01/2023
    nominationSRL HC MANAGEMENT · administrateur
  14. 2022
    Annual accounts 202215,9 M €↑
  15. 2021
    Annual accounts 202115,2 M €↑
  16. 2021
    Name changeTHOMAS & PIRON HOME
  17. 2020
    Annual accounts 202013,6 M €↓
  18. 2019
    Annual accounts 201914,9 M €↑
  19. 2018
    Annual accounts 201813,8 M €↓
  20. 2017
    Annual accounts 201714 M €↓
  21. 2016
    Annual accounts 201622,1 M €↑
  22. 2015
    Annual accounts 20157,8 M €↓
  23. 2014
    Annual accounts 201410,7 M €↓
  24. 2014
    Name changeTHOMAS ET PIRON HOME
  25. 2012
    Annual accounts 201213 M €↑
  26. 2011
    Annual accounts 20119,9 M €↓
  27. 2010
    Annual accounts 201014 M €↑
  28. 2009
    Annual accounts 20097,1 M €↓
  29. 2008
    Annual accounts 200810,6 M €↓
  30. 2007
    Annual accounts 200714 M €↑
  31. 2006
    Annual accounts 20068,9 M €
  32. 10/02/1976
    IncorporationPublic limited company