ACTIVE

PEPINIERE PIROTHON

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Financial year 2025 · Closed on 31/12/2025

Net result96,2 k €-8,2 %over 1 year

Gross margin1,1 M €+4,3 %over 1 year

Equity2,4 M €+4,1 %over 1 year

Workforce11,5 ETP+11,7 %over 1 year

Identity

Source · BCE/KBO

PEPINIERE PIROTHON is a Public limited company incorporated in 1991. Its registered office is in Manhay. It employs on average 11,5 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0443.865.763
Incorporation: 12/04/1991
Legal form: Public limited company
Registered office: Al Masse, Harre 1
6960 Manhay · WallonieSee on map
Contributed capital: 61 973,38 €
Latest accounts: 31/12/2025
Average workforce: 11,5 ETP

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	1,1 M €	+4.3%	1,1 M €	+17.3%	938,7 k €	+10.0%	853,4 k €	+10.2%	774,7 k €
EBITDA	692,2 k €	+10.1%	628,4 k €	+20.1%	523,3 k €	+3.7%	504,9 k €	-0.6%	507,8 k €
Operating result	116,5 k €	+5.4%	110,5 k €	-4.4%	115,6 k €	+27.2%	90,9 k €	-57.3%	213,1 k €
Net result	96,2 k €	-8.2%	104,8 k €	+35.4%	77,4 k €	+21.8%	63,5 k €	-61.6%	165,4 k €
Balance sheet
Equity	2,4 M €	+4.1%	2,4 M €	+4.7%	2,2 M €	+3.6%	2,2 M €	+3.0%	2,1 M €
Total assets	3,6 M €	+5.3%	3,4 M €	+7.9%	3,2 M €	-7.6%	3,5 M €	+0.8%	3,4 M €
Cash	1,4 M €	+50.7%	956,7 k €	-15.5%	1,1 M €	+133%	486,3 k €	-55.5%	1,1 M €
Debts	1,2 M €	+7.9%	1,1 M €	+15.5%	942,8 k €	-26.6%	1,3 M €	-2.6%	1,3 M €
Other
Workforce	11,5 ETP	+11.7%	10,3 ETP	+6.2%	9,7 ETP	+5.4%	9,2 ETP	+27.8%	7,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 15 ended

Active mandates

Yves PIROTHON

Chairman of the board of directors · since 28 mai 2011 · until 28 mai 2017

Active

Bertrand PIROTHON

Director · since 27 mai 2011 · until 28 mai 2017

Active

Sylvie ESTER

Director · since 27 mai 2011 · until 28 mai 2017

Active

Martin PIROTHON

Mandate

Active

Ended mandates

Bertrand PIROTHON

Director · since 31 décembre 2022 · until 31 décembre 2028

Ended

Sylvie ESTER

Director · since 31 décembre 2022 · until 31 décembre 2028

Ended

Yves PIROTHON

Administrator - manager · since 31 décembre 2022 · until 31 décembre 2028

Ended

Bertrand PIROTHON

Director · since 27 mai 2011 · until 27 mai 2017

Ended

Other companies at this address

Al Masse, Harre 1 6960 Manhay

Company	CBE no.
GESSOFOR● Active	0436.913.833

Full financial information

Source · NBB

	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	10/08/2026	04/07/2025	27/05/2024	24/08/2023	22/08/2022	30/08/2021
General meeting	30/05/2026	31/05/2025	25/05/2024	27/05/2023	28/05/2022	29/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/05/2026	10/08/2026	French	PDF
Abridged model	31/12/2024	31/05/2025	04/07/2025	French	PDF
Abridged model	31/12/2023	25/05/2024	27/05/2024	French	PDF
Abridged model	31/12/2022	27/05/2023	24/08/2023	French	PDF
Abridged model	31/12/2021	28/05/2022	22/08/2022	French	PDF
Abridged model	31/12/2020	29/05/2021	30/08/2021	French	PDF
Abridged model	31/12/2019	30/05/2020	24/08/2020	French	PDF
Abridged model	31/12/2018	25/05/2019	20/08/2019	French	PDF
Abridged model	31/12/2017	26/05/2018	03/08/2018	French	PDF
Abridged model	31/12/2016	27/05/2017	22/08/2017	French	PDF
Abridged model	31/12/2015	28/05/2016	23/08/2016	French	PDF
Abridged model	31/12/2014	30/05/2015	28/08/2015	French	PDF
Abridged model	31/12/2013	31/05/2014	14/08/2014	French	PDF
Abridged model	31/12/2012	25/05/2013	08/08/2013	French	PDF
Abridged model	31/12/2011	26/05/2012	14/08/2012	French	PDF
Abridged model	31/12/2010	28/05/2011	26/08/2011	French	PDF
Abridged model	31/12/2009	29/05/2010	30/08/2010	French	PDF
Abridged model	31/12/2008	30/05/2009	15/07/2009	French	PDF
Abridged model	31/12/2007	31/05/2008	04/07/2008	French	PDF
Abridged model	31/12/2006	26/05/2007	20/07/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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

4 active · 15 ended

Active mandates

Yves PIROTHON

Chairman of the board of directors · since 28 mai 2011 · until 28 mai 2017

Active

Bertrand PIROTHON

Director · since 27 mai 2011 · until 28 mai 2017

Active

Sylvie ESTER

Director · since 27 mai 2011 · until 28 mai 2017

Active

Martin PIROTHON

Mandate

Active

Ended mandates

Bertrand PIROTHON

Director · since 31 décembre 2022 · until 31 décembre 2028

Ended

Sylvie ESTER

Director · since 31 décembre 2022 · until 31 décembre 2028

Ended

Yves PIROTHON

Administrator - manager · since 31 décembre 2022 · until 31 décembre 2028

Ended

Bertrand PIROTHON

Director · since 27 mai 2011 · until 27 mai 2017

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates03/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DENOMINATION - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates02/01/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates22/12/2014
DEMISSIONS, NOMINATIONS
PDF
Mandates06/01/2014
DEMISSIONS, NOMINATIONS
PDF
Mandates03/10/2011
DEMISSIONS, NOMINATIONS
PDF
Mandates18/07/2008
DEMISSIONS, NOMINATIONS
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 202596,2 k €↓
2024
Annual accounts 2024104,8 k €↑
2023
Annual accounts 202377,4 k €↑
2022
Annual accounts 202263,5 k €↓
2021
Annual accounts 2021165,4 k €↑
2021
Name changePEPINIERES YVES PIROTHON
2020
Annual accounts 202090,8 k €↓
2019
Annual accounts 2019132 k €↑
2018
Annual accounts 2018113,9 k €↓
2017
Annual accounts 2017206,9 k €↑
2016
Annual accounts 2016154,6 k €↓
2015
Annual accounts 2015244,2 k €↑
2014
Annual accounts 201491,6 k €↑
2013
Annual accounts 201385,9 k €↓
2012
Annual accounts 2012148,9 k €↑
2011
Annual accounts 201185,9 k €↓
2010
Annual accounts 2010119,7 k €↑
2009
Annual accounts 2009108,7 k €↑
2008
Annual accounts 200879,2 k €↑
2007
Annual accounts 200752,9 k €↓
2006
Annual accounts 200666,3 k €
2006
Name changePEPINIERE YVES PIROTHON
12/04/1991
IncorporationPublic limited company

PEPINIERE PIROTHON

Overview

Identity

Financials

Valuation

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

Timeline