ACTIVE

Pierard

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

243,3 k €

+57.9% YoY

Gross margin

2 M €

+7.3% YoY

Equity

5,2 M €

+4.9% YoY

Workforce

21,7 ETP

-6.1% YoY

What does Pierard do?

Pierard is a Public limited company incorporated in 1989. Its main activity is: Wholesale of machine tools. Its registered office is in Sint-Truiden. It employs on average 21,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0436.130.410

Incorporation

03/01/1989

Legal form

Public limited company

Registered office

Sint-Jorisstraat 4010
3800 Sint-Truiden · FlandreSee on map

Contributed capital

1 887 557,36 €

Latest accounts

31/12/2025

Average workforce

21,7 ETP

Activities (NACE)

46620Wholesale of machine tools· main 46620Wholesale of machine tools 46741Wholesale of hardware, plumbing and heating equipment and supplies 46841Wholesale trade, except of motor vehicles and motorcycles 51810Air transport

Joint committees (6)

14904
200
2000
2010
205
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ 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
Gross margin	2 M €	+7.3%	1,9 M €	-4.0%	2 M €	+24.0%	1,6 M €	-7.5%	1,7 M €	+13.9%	1,5 M €	-2.0%	1,6 M €	+3.0%	1,5 M €	+5.6%	1,4 M €	-3.2%	1,5 M €	+3.8%	1,4 M €	+4.1%	1,4 M €	+0.2%	1,4 M €	+1.7%	1,3 M €	-0.8%	1,3 M €	+19.2%	1,1 M €	-4.6%	1,2 M €	+18.7%	1 M €	-4.7%	1,1 M €	+9.5%	959,1 k €
EBITDA	625,5 k €	+22.6%	510 k €	-6.6%	545,8 k €	+66.8%	327,2 k €	-40.1%	546,5 k €	+18.7%	460,4 k €	+11.0%	414,9 k €	+17.7%	352,4 k €	+1.0%	348,9 k €	+6.4%	327,8 k €	+23.0%	266,6 k €	-6.8%	286,1 k €	+31.3%	218 k €	-27.9%	302,4 k €	-22.4%	389,6 k €	+73.8%	224,2 k €	-26.7%	305,7 k €	+78.4%	171,3 k €	-41.2%	291,6 k €	+6.4%	274,1 k €
Operating result	350,3 k €	+52.8%	229,2 k €	-21.3%	291,1 k €	+129%	126,9 k €	-72.1%	454 k €	+45.7%	311,7 k €	+6.5%	292,6 k €	+17.0%	250,2 k €	+6.2%	235,6 k €	+8.2%	217,8 k €	+37.8%	158 k €	-10.5%	176,6 k €	+57.7%	112 k €	-42.1%	193,4 k €	-1.1%	195,4 k €	+396%	39,4 k €	-83.1%	233,3 k €	+141%	96,9 k €	-55.5%	217,5 k €	+3.9%	209,4 k €
Net result	243,3 k €	+57.9%	154,1 k €	-44.5%	277,5 k €	+93.7%	143,3 k €	-61.5%	372,4 k €	+51.7%	245,6 k €	-21.4%	312,5 k €	+37.9%	226,6 k €	+13.2%	200,2 k €	+11.8%	179,1 k €	+35.2%	132,5 k €	-0.8%	133,5 k €	+57.4%	84,8 k €	-34.7%	129,8 k €	-10.3%	144,8 k €	+1566%	-9,9 k €	-107%	143,5 k €	+5219%	2,7 k €	-97.6%	113,7 k €	+18.3%	96,1 k €
Balance sheet
Equity	5,2 M €	+4.9%	4,9 M €	+3.2%	4,8 M €	+6.2%	4,5 M €	+3.3%	4,4 M €	+59.3%	2,7 M €	+9.9%	2,5 M €	+7.0%	2,3 M €	+8.5%	2,1 M €	+7.8%	2 M €	+9.9%	1,8 M €	+7.9%	1,7 M €	+8.6%	1,5 M €	+5.8%	1,5 M €	+9.8%	1,3 M €	+12.2%	1,2 M €	-0.8%	1,2 M €	+13.6%	1,1 M €	+0.3%	1,1 M €	+12.1%	936,6 k €
Total assets	8,4 M €	-0.5%	8,4 M €	-0.7%	8,5 M €	+1.0%	8,4 M €	+49.8%	5,6 M €	+34.2%	4,2 M €	-8.4%	4,5 M €	+4.5%	4,4 M €	+1.3%	4,3 M €	+1.3%	4,2 M €	+1.4%	4,2 M €	+1.8%	4,1 M €	+0.3%	4,1 M €	+0.6%	4,1 M €	-1.5%	4,1 M €	+4.5%	4 M €	+10.4%	3,6 M €	+10.2%	3,2 M €	-7.7%	3,5 M €	+6.5%	3,3 M €
Cash	155 k €	-21.1%	196,5 k €	-28.5%	274,8 k €	+14.8%	239,3 k €	-26.3%	324,7 k €	+0.3%	323,7 k €	+2.7%	315,2 k €	+84.7%	170,7 k €	+16.9%	146 k €	-9.6%	161,6 k €	+22.7%	131,7 k €	+18.7%	110,9 k €	-41.0%	188,1 k €	+44.7%	130 k €	+6.9%	121,6 k €	+20.8%	100,6 k €	+175%	36,5 k €	+279%	9,7 k €	-93.1%	139,3 k €	+299%	34,9 k €
Debts	3,2 M €	-8.1%	3,5 M €	-5.6%	3,7 M €	-5.0%	3,9 M €	+218%	1,2 M €	-15.4%	1,4 M €	-30.4%	2,1 M €	+1.9%	2 M €	-6.0%	2,1 M €	-3.9%	2,2 M €	-5.6%	2,4 M €	-2.3%	2,4 M €	-4.8%	2,5 M €	-2.3%	2,6 M €	-6.8%	2,8 M €	+1.2%	2,8 M €	+15.9%	2,4 M €	+8.6%	2,2 M €	-11.1%	2,5 M €	+4.3%	2,4 M €
Other
Workforce	21,7 ETP	-6.1%	23,1 ETP	-7.2%	24,9 ETP	+0.8%	24,7 ETP	+6.9%	23,1 ETP	+1.3%	22,8 ETP	+0.4%	22,7 ETP	-0.9%	22,9 ETP	+2.7%	22,3 ETP	-6.3%	23,8 ETP	-3.6%	24,7 ETP	-9.5%	27,3 ETP	+15.2%	23,7 ETP	+2.6%	23,1 ETP	+4.1%	22,2 ETP	+6.2%	20,9 ETP	+10.6%	18,9 ETP	+2.7%	18,4 ETP	+5.7%	17,4 ETP	+4.2%	16,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 29 ended

Active mandates

JEROEN FRISSAER

Managing director · since 03 juin 2026 · until 03 juin 2032

Active

RUTGER FRISSAER

Managing director · since 03 juin 2026 · until 03 juin 2032

Active

Ended mandates

Jeroen Frissaer

Director · since 03 juin 2020 · until 03 juin 2026

Ended

Jeroen Frissaer

Mandate · since 09 janvier 2019 · until 03 juin 2020

Ended

Jeroen Frissaer

Mandate · since 02 janvier 2017 · until 03 juin 2020

Ended

Jeroen Frissaer

Director · since 02 janvier 2017 · until 03 juin 2020

Ended

At this address

Other companies at this address

Company	CBE no.
PST-IMMO● Active	0427.898.771

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	02/07/2026	27/06/2025	04/07/2024	26/07/2023	01/07/2022	19/08/2021
General meeting	03/06/2026	04/06/2025	11/06/2024	30/06/2023	01/06/2022	02/06/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	03/06/2026	02/07/2026	Dutch	PDF
Abridged model	31/12/2024	04/06/2025	27/06/2025	Dutch	PDF
Abridged model	31/12/2023	11/06/2024	04/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	26/07/2023	Dutch	PDF
Abridged model	31/12/2021	01/06/2022	01/07/2022	Dutch	PDF
Abridged model	31/12/2020	02/06/2021	19/08/2021	Dutch	PDF
Abridged model	31/12/2019	03/06/2020	29/09/2020	Dutch	PDF
Abridged model	31/12/2018	05/06/2019	19/08/2019	Dutch	PDF
Abridged model	31/12/2017	06/06/2018	31/08/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	01/08/2017	Dutch	PDF
Abridged model	31/12/2015	01/06/2016	30/06/2016	Dutch	PDF
Abridged model	31/12/2014	03/06/2015	22/06/2015	Dutch	PDF
Abridged model	31/12/2013	04/06/2014	02/07/2014	Dutch	PDF
Abridged model	31/12/2012	05/06/2013	03/07/2013	Dutch	PDF
Abridged model	31/12/2011	16/06/2012	05/07/2012	Dutch	PDF
Abridged model	31/12/2010	12/07/2011	05/08/2011	Dutch	PDF
Abridged model	31/12/2009	02/06/2010	01/07/2010	Dutch	PDF
Abridged model	31/12/2008	03/06/2009	26/06/2009	Dutch	PDF
Abridged model	31/12/2007	04/06/2008	02/07/2008	Dutch	PDF
Abridged model	31/12/2006	06/06/2007	05/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 2 active · 29 ended

Active mandates

JEROEN FRISSAER

Managing director · since 03 juin 2026 · until 03 juin 2032

Active

RUTGER FRISSAER

Managing director · since 03 juin 2026 · until 03 juin 2032

Active

Ended mandates

Jeroen Frissaer

Director · since 03 juin 2020 · until 03 juin 2026

Ended

Jeroen Frissaer

Mandate · since 09 janvier 2019 · until 03 juin 2020

Ended

Jeroen Frissaer

Mandate · since 02 janvier 2017 · until 03 juin 2020

Ended

Jeroen Frissaer

Director · since 02 janvier 2017 · until 03 juin 2020

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/09/2025
ONTSLAGEN - BENOEMINGEN
PDF
Registered office07/04/2022
MAATSCHAPPELIJKE ZETEL
PDF
Mandates23/12/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/07/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/02/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/01/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/08/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/10/2012
ONTSLAGEN - BENOEMINGEN
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 2025243,3 k €↑
2024
Annual accounts 2024154,1 k €↓
2023
Annual accounts 2023277,5 k €↑
2022
Annual accounts 2022143,3 k €↓
2021
Annual accounts 2021372,4 k €↑
2021
Name changePIERARD
2020
Annual accounts 2020245,6 k €↓
2019
Annual accounts 2019312,5 k €↑
2018
Annual accounts 2018226,6 k €↑
2017
Annual accounts 2017200,2 k €↑
2016
Annual accounts 2016179,1 k €↑
2015
Annual accounts 2015132,5 k €↓
2014
Annual accounts 2014133,5 k €↑
2013
Annual accounts 201384,8 k €↓
2012
Annual accounts 2012129,8 k €↓
2011
Annual accounts 2011144,8 k €↑
2010
Annual accounts 2010-9,9 k €↓
2009
Annual accounts 2009143,5 k €↑
2008
Annual accounts 20082,7 k €↓
2007
Annual accounts 2007113,7 k €↑
2006
Annual accounts 200696,1 k €
2006
Name changeIjzerwaren Pierard
03/01/1989
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

Pierard

Overview

What does Pierard 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