ACTIVE

THOMAS & PIRON HOLDING

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
5,9 M €
+139.3% YoY
Revenue
12 M €
+33.8% YoY
Equity
156,6 M €
+3.9% YoY
Workforce
39,1 ETP
+11.1% YoY

What does THOMAS & PIRON HOLDING do?

THOMAS & PIRON HOLDING is a Public limited company incorporated in 1988. Its main activity is: Management consultancy activities. Its registered office is in Paliseul. It employs on average 39,1 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0436.144.563
Incorporation
14/12/1988
Legal form
Public limited company
Registered office
Rue de la Besace, Our 14
6852 Paliseul · WallonieSee on map
Contributed capital
12 597 567,79 €
Latest accounts
31/12/2025
Average workforce
39,1 ETP
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.70200Management consultancy activities70220Business and other management consultancy activities
Joint committees (1)
  • 200
Signals
ProfitablePositive cashflowHealthy social debtsHigh revenue
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

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Revenue12 M €8,9 M €8,6 M €8,4 M €6,8 M €4,4 M €4,2 M €3,7 M €3,1 M €3,5 M €2,8 M €2,5 M €1,3 M €152,4 k €119,4 k €119,4 k €119,4 k €119,4 k €119,4 k €111,6 k €
EBITDA-1,6 M €-12,4 M €-2,6 M €775,3 k €-1,2 M €-831,3 k €-1,1 M €476,1 k €805,4 k €994,7 k €747,6 k €605,5 k €538,9 k €-133,2 k €-165,7 k €-45,3 k €-349 k €34,1 k €34,4 k €38 k €
Operating result-1,8 M €-12,8 M €-2,9 M €438,4 k €-1,5 M €-1,1 M €-1,2 M €467,1 k €793,8 k €962,1 k €661,5 k €520,9 k €483,5 k €-187,8 k €-203,8 k €-49,7 k €-349,9 k €34,1 k €33,6 k €35,5 k €
Net result5,9 M €-15 M €5,7 M €8,5 M €7,7 M €5,2 M €16,1 M €-2,8 M €35,6 M €9 M €25,5 M €33,3 M €5,8 M €748,1 k €7,8 M €575,4 k €17 M €2,3 M €8,5 M €2,6 M €
Balance sheet
Equity156,6 M €150,8 M €165,7 M €160 M €151,5 M €156,7 M €172,5 M €156,4 M €164,2 M €128,5 M €119,5 M €94 M €60,7 M €54,9 M €54,2 M €54,3 M €53,8 M €36,7 M €34,5 M €26 M €
Total assets574,6 M €563,8 M €444,8 M €418,3 M €379,1 M €360,6 M €334,6 M €269,7 M €169 M €147,2 M €120,7 M €94,8 M €79,6 M €55,2 M €54,6 M €54,6 M €54 M €36,8 M €34,6 M €26,8 M €
Cash33,9 M €23,1 M €11,4 M €11,7 M €20,1 M €35,5 M €11,3 M €12,8 M €8,8 M €404,6 k €27,7 M €2,6 M €991 k €304,4 k €607,3 k €505,8 k €338,9 k €60,6 k €16,8 k €150 k €
Debts415,5 M €410,6 M €276,4 M €256,6 M €225,7 M €202,9 M €161,1 M €112,5 M €4,1 M €17,6 M €261,6 k €387,7 k €18,9 M €193,2 k €200,8 k €204,3 k €194,3 k €76 k €63,1 k €747,6 k €
Other
Workforce39,1 ETP35,2 ETP32,9 ETP30,3 ETP30,1 ETP14,3 ETP10,6 ETP5,6 ETP5,2 ETP6,0 ETP3,4 ETP2,8 ETP1,4 ETP–––––––
Estimate

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 10 active · 39 ended

Active mandates

ABSOlute Consulting

Managing director · since 01 janvier 2026 · until 25 juin 2026 · 0895.690.971

Represented by Olivier Beguin

Active
Edouard HERINCKX

Director · since 01 janvier 2026 · until 25 juin 2026

Active
SESVENNA INVESTMENT SA

Chairman of the board of directors · since 01 janvier 2023 · until 25 juin 2026

Represented by François Piron

Active
SESVENNA INVESTMENT SA

Managing director · since 01 janvier 2023 · until 25 juin 2026

Represented by François Piron

Active
FROM THE FACTORY

Director · since 13 octobre 2022 · until 25 juin 2026 · 0784.913.211

Represented by Philippe Delusinne

Active
André SELENNE

Director · since 25 juin 2020 · until 25 juin 2026

Active
CASSIOPEE

Director · since 25 juin 2020 · until 25 juin 2026 · 0686.710.312

Represented by Etienne DEWULF

Active
Christian BASTIN

Director · since 25 juin 2020 · until 25 juin 2026

Active
Jacques PETERS

Director · since 25 juin 2020 · until 25 juin 2026

Active
SPRL Bernard Piron

Director · since 25 juin 2020 · until 25 juin 2026 · 0644.883.021

Represented by Bernard PIRON

Active

Ended mandates

Philippe Callens SRL

Director · since 01 janvier 2023 · until 05 mars 2024 · 0774.778.689

Represented by Philippe Callens

Ended
Philippe Callens SRL

Director · since 01 janvier 2023 · until 25 juin 2026 · 0774.778.689

Represented by Philippe Callens

Ended
Chrisitan BASTIN

Director · since 25 juin 2020 · until 25 juin 2026

Ended
Edouard HERINCKX

Managing director · since 25 juin 2020 · until 25 juin 2026

Ended
At this address

Other companies at this address

CompanyCBE no.
CLE DES ARDENNES● Active
0673.501.583
DESSIN PERFORMANCE ENERGIE● Active
0438.142.070
EFIMO FP● Active
0803.395.966
ESPACES PROMOTION● Active
0439.986.258
FONDETRE● Active
0550.409.573
FRÊNESAGRI● Active
0555.729.430
Heinsch Recycling● Active
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
SCHOPPACH INVEST● Active
0526.899.347
THOMAS & PIRON HOME● Active
0415.776.939
TP GESTION● Active
0459.561.551
Annual accounts

Full financial information

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 date16/07/202608/07/202504/07/202431/08/202318/08/202207/07/2021
General meeting25/06/202626/06/202527/06/202429/06/202329/06/202224/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

41 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202525/06/202616/07/2026FrenchPDF
Full model31/12/202426/06/202508/07/2025FrenchPDF
m120-f-p31/12/202426/06/202510/07/2025FrenchPDF
Full model31/12/202327/06/202404/07/2024FrenchPDF
m120-f-p31/12/202327/06/202404/07/2024FrenchPDF
Full model31/12/202229/06/202331/08/2023FrenchPDF
m120-f-pCorrection31/12/202229/06/202313/09/2023FrenchPDF
m120-f-p31/12/202229/06/202331/08/2023FrenchPDF
Full model31/12/202129/06/202218/08/2022FrenchPDF
m120-f-p31/12/202130/06/202218/08/2022FrenchPDF
Full model31/12/202024/06/202107/07/2021FrenchPDF
m120-f-p31/12/202024/06/202107/07/2021FrenchPDF
Full model31/12/201925/06/202013/07/2020FrenchPDF
m120-f-p31/12/201925/06/202013/07/2020FrenchPDF
Full model31/12/201827/06/201919/08/2019FrenchPDF
m120-f-pCorrection31/12/201827/06/201919/08/2019FrenchPDF
m120-f-p31/12/201827/06/201906/08/2019FrenchPDF
Full model31/12/201719/06/201809/07/2018FrenchPDF
m120-f-p31/12/201719/06/201809/07/2018FrenchPDF
Full model31/12/201620/06/201707/07/2017FrenchPDF
m120-f-p31/12/201620/06/201722/06/2017FrenchPDF
Full model31/12/201528/06/201604/07/2016FrenchPDF
m120-f-p31/12/201528/06/201604/07/2016FrenchPDF
Full model31/12/201401/06/201515/06/2015FrenchPDF

View all 41 filings

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 10 active · 39 ended

Active mandates

ABSOlute Consulting

Managing director · since 01 janvier 2026 · until 25 juin 2026 · 0895.690.971

Represented by Olivier Beguin

Active
Edouard HERINCKX

Director · since 01 janvier 2026 · until 25 juin 2026

Active
SESVENNA INVESTMENT SA

Chairman of the board of directors · since 01 janvier 2023 · until 25 juin 2026

Represented by François Piron

Active
SESVENNA INVESTMENT SA

Managing director · since 01 janvier 2023 · until 25 juin 2026

Represented by François Piron

Active
FROM THE FACTORY

Director · since 13 octobre 2022 · until 25 juin 2026 · 0784.913.211

Represented by Philippe Delusinne

Active
André SELENNE

Director · since 25 juin 2020 · until 25 juin 2026

Active
CASSIOPEE

Director · since 25 juin 2020 · until 25 juin 2026 · 0686.710.312

Represented by Etienne DEWULF

Active
Christian BASTIN

Director · since 25 juin 2020 · until 25 juin 2026

Active
Jacques PETERS

Director · since 25 juin 2020 · until 25 juin 2026

Active
SPRL Bernard Piron

Director · since 25 juin 2020 · until 25 juin 2026 · 0644.883.021

Represented by Bernard PIRON

Active

Ended mandates

Philippe Callens SRL

Director · since 01 janvier 2023 · until 05 mars 2024 · 0774.778.689

Represented by Philippe Callens

Ended
Philippe Callens SRL

Director · since 01 janvier 2023 · until 25 juin 2026 · 0774.778.689

Represented by Philippe Callens

Ended
Chrisitan BASTIN

Director · since 25 juin 2020 · until 25 juin 2026

Ended
Edouard HERINCKX

Managing director · since 25 juin 2020 · until 25 juin 2026

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates20/01/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/06/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates15/04/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates14/07/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/05/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/01/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/01/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares20/06/2022
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    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

Timeline

  1. 01/01/2026
    nominationSRL ABSOlute Consulting — administrateur
  2. 2025
    Annual accounts 20255,9 M €↑
  3. 2024
    Annual accounts 2024-15 M €↓
  4. 05/03/2024
    nominationSESVENNA INVESTMENT — administrateur-délégué et président
  5. 05/03/2024
    nominationEdouard HERINCKX — administrateur-délégué
  6. 05/03/2024
    nominationSRL BERNARD PIRON — administrateur
  7. 05/03/2024
    nominationSRL CASSIOPÉE — administrateur
  8. 05/03/2024
    nominationAndré SELENNE — administrateur
  9. 05/03/2024
    nominationChristian BASTIN — administrateur
  10. 05/03/2024
    nominationJacques PETERS — administrateur
  11. 05/03/2024
    nominationSComm FROM THE FACTORY — administrateur
  12. 2023
    Annual accounts 20235,7 M €↓
  13. 29/06/2023
    reconductionEY REVISEURS D'ENTREPRISES — commissaire
  14. 01/01/2023
    nominationSESVENNA INVESTMENT — administrateur
  15. 01/01/2023
    nominationPHILIPPE CALLENS — administrateur
  16. 2022
    Annual accounts 20228,5 M €↑
  17. 13/10/2022
    nominationFROM THE FACTORY — administrateur
  18. 04/05/2022
    augmentation_capital
  19. 2022
    Name changeTP Holding
  20. 2021
    Annual accounts 20217,7 M €↑
  21. 2021
    Name changeT.P. HOLDING
  22. 2020
    Annual accounts 20205,2 M €↓
  23. 2019
    Annual accounts 201916,1 M €↑
  24. 2018
    Annual accounts 2018-2,8 M €↓
  25. 2017
    Annual accounts 201735,6 M €↑
  26. 2016
    Annual accounts 20169 M €↓
  27. 2015
    Annual accounts 201525,5 M €↓
  28. 2014
    Annual accounts 201433,3 M €↑
  29. 2013
    Annual accounts 20135,8 M €↑
  30. 2013
    Name changeTHOMAS & PIRON HOLDING
  31. 2012
    Annual accounts 2012748,1 k €↓
  32. 2011
    Annual accounts 20117,8 M €↑
  33. 2010
    Annual accounts 2010575,4 k €↓
  34. 2009
    Annual accounts 200917 M €↑
  35. 2008
    Annual accounts 20082,3 M €↓
  36. 2007
    Annual accounts 20078,5 M €↑
  37. 2006
    Annual accounts 20062,6 M €
  38. 2006
    Name changeTP FINANCE
  39. 14/12/1988
    IncorporationPublic limited company