ACTIVE

PIETTE & PARTNERS

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Financial year 2025 · closed on 31/12/2025
Net result
434 k €
-27.3% YoY
Revenue
5,7 M €
+8.2% YoY
Equity
3,4 M €
+0.6% YoY
Workforce
26,2 ETP
+4.0% YoY

What does PIETTE & PARTNERS do?

PIETTE & PARTNERS is a Public limited company incorporated in 1992. Its main activity is: Activities of insurance agents and brokers. Its registered office is in Kortrijk. It employs on average 26,2 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0448.811.575
Incorporation
30/11/1992
Legal form
Public limited company
Registered office
Casinoplein(Kor) 6
8500 Kortrijk · FlandreSee on map
Contributed capital
3 208 345,47 €
Latest accounts
31/12/2025
Average workforce
26,2 ETP
Activities (NACE)
66220Activities of insurance agents and brokers· main66220Activities of insurance agents and brokers
Joint committees (2)
  • 306
  • 307
Contacts
3 public details availableLog in to view
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202120172014
Income statement
Revenue5,7 M €5,3 M €4,9 M €4,1 M €3,9 M €3,4 M €
EBITDA1,1 M €1,2 M €343,2 k €624,5 k €693,5 k €235,2 k €
Operating result618,7 k €757,7 k €-67 k €238,4 k €493 k €12,3 k €
Net result434 k €596,7 k €-97 k €130 k €275,1 k €13,8 k €
Balance sheet
Equity3,4 M €3,3 M €3,1 M €3,3 M €3,3 M €3,2 M €
Total assets10,6 M €9,1 M €9,8 M €8,4 M €7,6 M €6,2 M €
Cash4,7 M €1,3 M €2,6 M €4,1 M €3,6 M €1,9 M €
Debts7,2 M €5,7 M €6,6 M €5 M €4,2 M €2,9 M €
Other
Workforce26,2 ETP25,2 ETP24,2 ETP22,8 ETP23,4 ETP22,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 24 ended

Active mandates

Guy Piette

Director · since 01 octobre 2023 · until 30 juin 2027

Active
Andy Beirlaen

COO · since 01 juillet 2023 · until 30 juin 2027

Active
Frank Gheysen

CEO · since 01 juillet 2022 · until 01 juin 2029

Active
Michel Lüttgens

Director · since 01 juillet 2020 · until 01 juin 2029

Active
Sophie Misselyn

Director · since 24 octobre 2018 · until 01 juin 2029

Active
Christophe Linet

Director · since 21 avril 2017 · until 01 juin 2029

Active

Ended mandates

Andy Beirlaen

Managing director · since 01 juillet 2023 · until 30 juin 2027

Ended
Frank Gheysen

CEO · since 01 juillet 2022 · until 06 juin 2025

Ended
Frank Gheysen

Managing director · since 01 juillet 2022 · until 06 juin 2025

Ended
Michel Lüttgens

Director · since 01 juillet 2020 · until 06 juin 2025

Ended
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 date09/06/202610/06/202527/06/202414/06/202308/06/202208/06/2021
General meeting05/06/202606/06/202520/06/202402/06/202303/06/202204/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

22 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202505/06/202609/06/2026DutchPDF
Full model31/12/202406/06/202510/06/2025DutchPDF
Full modelCorrection31/12/202320/06/202427/06/2024DutchPDF
Full model31/12/202307/06/202410/06/2024DutchPDF
Full model31/12/202202/06/202314/06/2023DutchPDF
Full model31/12/202103/06/202208/06/2022DutchPDF
Full model31/12/202004/06/202108/06/2021DutchPDF
Full modelCorrection31/12/201915/06/202016/04/2021DutchPDF
Full model31/12/201917/04/202021/04/2020DutchPDF
Full model31/12/201819/04/201923/04/2019DutchPDF
Full model31/12/201720/04/201816/05/2018DutchPDF
Full model31/12/201624/04/201727/04/2017DutchPDF
Full model31/12/201529/04/201612/05/2016DutchPDF
Full model31/12/201417/04/201530/04/2015DutchPDF
Full model31/12/201307/05/201413/05/2014DutchPDF
m910-p31/12/201219/04/201323/04/2013DutchPDF
m910-p31/12/201120/04/201203/05/2012DutchPDF
m910-p31/12/201015/04/201127/04/2011DutchPDF
m910-p31/12/200916/04/201023/04/2010DutchPDF
m910-p31/12/200817/04/200923/04/2009DutchPDF
m910-p31/12/200718/04/200806/05/2008DutchPDF
m910-p31/12/200620/04/200716/05/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 6 active · 24 ended

Active mandates

Guy Piette

Director · since 01 octobre 2023 · until 30 juin 2027

Active
Andy Beirlaen

COO · since 01 juillet 2023 · until 30 juin 2027

Active
Frank Gheysen

CEO · since 01 juillet 2022 · until 01 juin 2029

Active
Michel Lüttgens

Director · since 01 juillet 2020 · until 01 juin 2029

Active
Sophie Misselyn

Director · since 24 octobre 2018 · until 01 juin 2029

Active
Christophe Linet

Director · since 21 avril 2017 · until 01 juin 2029

Active

Ended mandates

Andy Beirlaen

Managing director · since 01 juillet 2023 · until 30 juin 2027

Ended
Frank Gheysen

CEO · since 01 juillet 2022 · until 06 juin 2025

Ended
Frank Gheysen

Managing director · since 01 juillet 2022 · until 06 juin 2025

Ended
Michel Lüttgens

Director · since 01 juillet 2020 · until 06 juin 2025

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates06/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/11/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/10/2020
    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

Timeline

  1. 2025
    Annual accounts 2025434 k €↓
  2. 2024
    Annual accounts 2024596,7 k €↑
  3. 2023
    Annual accounts 2023-97 k €↓
  4. 2021
    Annual accounts 2021130 k €↓
  5. 2017
    Annual accounts 2017275,1 k €↑
  6. 2014
    Annual accounts 201413,8 k €
  7. 30/11/1992
    IncorporationPublic limited company