ACTIVE

BIETRUME PICAR

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Financial year 2025 · closed on 31/12/2025

Net result

6,2 k €

-74.1% YoY

Gross margin

139,2 k €

-19.2% YoY

Equity

77,5 k €

+8.7% YoY

What does BIETRUME PICAR do?

BIETRUME PICAR is a Public limited company incorporated in 1993. Its main activity is: Management of real estate on a fee or contract basis. Its registered office is in Namur.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0451.659.813

Incorporation

20/12/1993

Legal form

Public limited company

Registered office

Rue des Charmes(JB) 17
5100 Namur · WallonieSee on map

Contributed capital

118 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

68321Management of real estate on a fee or contract basis· main 68322Management of real estate on a fee or contract basis

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ 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	139,2 k €	-19.2%	172,3 k €	-1.5%	174,9 k €	+16.8%	149,8 k €	+46.7%	102,1 k €	-0.1%	102,2 k €	-62.3%	271 k €	-26.1%	366,9 k €	+27.7%	287,3 k €	-0.6%	289,1 k €	+31.2%	220,4 k €	+25.6%	175,4 k €	+603%	24,9 k €	-47.9%	47,8 k €	-7.9%	51,9 k €	+12.7%	46,1 k €	-26.8%	62,9 k €	+19.7%	52,6 k €	-16.6%	63 k €	-23.7%	82,6 k €
EBITDA	126,6 k €	-23.2%	164,8 k €	-2.7%	169,4 k €	+17.8%	143,8 k €	+52.2%	94,5 k €	+0.1%	94,4 k €	+15.0%	82,1 k €	-15.9%	97,7 k €	+3.6%	94,3 k €	-19.3%	116,9 k €	+133%	50,2 k €	-13.0%	57,6 k €	+189%	20 k €	-50.3%	40,2 k €	+34.1%	30 k €	+26.9%	23,6 k €	-44.0%	42,2 k €	+40.3%	30,1 k €	-20.0%	37,6 k €	-18.8%	46,3 k €
Operating result	42,9 k €	-34.1%	65,2 k €	+10.8%	58,8 k €	+0.9%	58,3 k €	+419%	11,2 k €	+22.0%	9,2 k €	+19.8%	7,7 k €	-58.9%	18,7 k €	-44.5%	33,7 k €	-46.7%	63,2 k €	+1746%	3,4 k €	-76.4%	14,5 k €	+219%	-12,2 k €	-149%	24,8 k €	+203%	8,2 k €	+400%	-2,7 k €	-112%	21,8 k €	+107%	10,6 k €	-39.3%	17,4 k €	-33.0%	25,9 k €
Net result	6,2 k €	-74.1%	23,9 k €	-6.1%	25,4 k €	-43.3%	44,8 k €	+2130%	2 k €	+124%	-8,3 k €	+13.4%	-9,6 k €	-439%	2,8 k €	-63.4%	7,7 k €	-67.6%	23,9 k €	+192%	-25,9 k €	-189%	-9 k €	+65.3%	-25,8 k €	-551%	-4 k €	-137%	10,7 k €	+348%	-4,3 k €	-153%	8,1 k €	+212%	-7,3 k €	-929%	876,6 €	+128%	-3,1 k €
Balance sheet
Equity	77,5 k €	+8.7%	71,3 k €	+50.3%	47,4 k €	+115%	22 k €	+197%	-22,8 k €	+8.1%	-24,8 k €	-50.5%	-16,5 k €	-140%	-6,9 k €	+29.2%	-9,7 k €	+44.4%	-17,4 k €	+57.8%	-41,3 k €	-169%	-15,3 k €	-140%	-6,4 k €	-133%	19,4 k €	-16.9%	23,4 k €	+84.9%	12,7 k €	-25.5%	17 k €	+91.4%	8,9 k €	-45.0%	16,1 k €	+5.7%	15,3 k €
Total assets	1 M €	-3.0%	1 M €	-5.5%	1,1 M €	-8.4%	1,2 M €	+137%	511,7 k €	-16.3%	611,7 k €	+2.8%	595,1 k €	+23.4%	482,3 k €	+0.6%	479,5 k €	+13.4%	423 k €	+1.4%	417,2 k €	-1.5%	423,6 k €	+5.5%	401,4 k €	+72.4%	232,8 k €	-18.0%	284 k €	-4.3%	296,7 k €	+0.6%	294,9 k €	-5.0%	310,5 k €	-6.7%	332,6 k €	-5.3%	351,1 k €
Cash	13,7 k €	+46.8%	9,3 k €	+5.4%	8,8 k €	-72.0%	31,5 k €	+73.1%	18,2 k €	+223%	5,6 k €	+4863%	113,6 €	-99.0%	11,1 k €	-63.1%	29,9 k €	+93.7%	15,4 k €	+779%	1,8 k €	+705%	218,2 €	-97.8%	10 k €	+338%	2,3 k €	-83.4%	13,7 k €	+1414%	905,5 €	+241%	265,5 €	-94.3%	4,7 k €	-44.7%	8,5 k €	+27.6%	6,6 k €
Debts	941,1 k €	-3.8%	978,5 k €	-8.0%	1,1 M €	-10.7%	1,2 M €	+123%	534,5 k €	-16.0%	636,5 k €	+4.6%	608,7 k €	+24.5%	489,1 k €	-0.0%	489,2 k €	+11.1%	440,4 k €	-3.9%	458,5 k €	+4.4%	439 k €	+7.6%	407,8 k €	+91.1%	213,4 k €	-18.0%	260,4 k €	-8.1%	283,2 k €	+2.1%	277,4 k €	-7.9%	301,1 k €	-4.7%	316,1 k €	-5.7%	335,4 k €
Other
Workforce	–		–		–		–		–		–		5,5 ETP		–		–		–		5,5 ETP	+66.7%	3,3 ETP		–		–		0,9 ETP	-52.6%	1,9 ETP	-13.6%	2,2 ETP	+10.0%	2,0 ETP	+81.8%	1,1 ETP	+10.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 7 ended

Active mandates

Charles-Edouard Jeandrain

Director

Active

Margaux Petry

Director

Active

Ended mandates

Charles-Edouard JEANDRAIN

Managing director · since 08 juin 2020 · until 08 juin 2026

Ended

Claire DUJARDIN

Director · since 08 juin 2020 · until 07 mars 2022

Ended

Margaux PETRY

Director · since 08 juin 2020 · until 08 juin 2026

Ended

Charles-Edouard JEANDRAIN

Managing director · since 04 novembre 2014 · until 08 juin 2020

Ended

At this address

Other companies at this address

Company	CBE no.
MCP CONSULT● Active	0888.991.439

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	25/08/2026	07/07/2025	26/08/2024	27/07/2023	29/07/2022	18/08/2021
General meeting	09/06/2026	10/06/2025	11/06/2024	12/06/2023	13/06/2022	14/06/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	09/06/2026	25/08/2026	French	PDF
Abridged model	31/12/2024	10/06/2025	07/07/2025	French	PDF
Abridged model	31/12/2023	11/06/2024	26/08/2024	French	PDF
Abridged model	31/12/2022	12/06/2023	27/07/2023	French	PDF
Abridged model	31/12/2021	13/06/2022	29/07/2022	French	PDF
Abridged model	31/12/2020	14/06/2021	18/08/2021	French	PDF
Abridged model	31/12/2019	29/09/2020	30/10/2020	French	PDF
Micro model	31/12/2018	10/06/2019	20/08/2019	French	PDF
Micro model	31/12/2017	11/06/2018	29/08/2018	French	PDF
Micro model	31/12/2016	12/06/2017	21/08/2017	French	PDF
Abridged model	31/12/2015	13/06/2016	01/09/2016	French	PDF
Abridged model	31/12/2014	08/06/2015	09/09/2015	French	PDF
Abridged model	31/12/2013	09/06/2014	20/01/2015	French	PDF
Abridged model	31/12/2012	10/06/2013	29/07/2013	French	PDF
Abridged model	31/12/2011	11/06/2012	01/08/2012	French	PDF
Abridged model	31/12/2010	13/06/2011	02/08/2011	French	PDF
Abridged model	31/12/2009	14/06/2010	02/07/2010	French	PDF
Abridged model	31/12/2008	08/06/2009	14/07/2009	French	PDF
Abridged model	31/12/2007	09/06/2008	29/07/2008	French	PDF
Abridged model	31/12/2006	11/06/2007	25/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 7 ended

Active mandates

Charles-Edouard Jeandrain

Director

Active

Margaux Petry

Director

Active

Ended mandates

Charles-Edouard JEANDRAIN

Managing director · since 08 juin 2020 · until 08 juin 2026

Ended

Claire DUJARDIN

Director · since 08 juin 2020 · until 07 mars 2022

Ended

Margaux PETRY

Director · since 08 juin 2020 · until 08 juin 2026

Ended

Charles-Edouard JEANDRAIN

Managing director · since 04 novembre 2014 · until 08 juin 2020

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office24/10/2025
SIEGE SOCIAL
PDF
Mandates02/05/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates16/03/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates14/11/2014
DEMISSIONS, NOMINATIONS
PDF
Capital / shares08/10/2012
OBJET - CAPITAL, ACTIONS
PDF
Mandates16/08/2012
DEMISSIONS, NOMINATIONS
PDF
Mandates30/06/2006
DEMISSIONS, NOMINATIONS
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 20256,2 k €↓
2024
Annual accounts 202423,9 k €↓
2023
Annual accounts 202325,4 k €↓
2022
Annual accounts 202244,8 k €↑
2021
Annual accounts 20212 k €↑
2021
Name changeBIETRUME
2020
Annual accounts 2020-8,3 k €↑
2019
Annual accounts 2019-9,6 k €↓
2018
Annual accounts 20182,8 k €↓
2017
Annual accounts 20177,7 k €↓
2016
Annual accounts 201623,9 k €↑
2015
Annual accounts 2015-25,9 k €↓
2014
Annual accounts 2014-9 k €↑
2013
Annual accounts 2013-25,8 k €↓
2012
Annual accounts 2012-4 k €↓
2011
Annual accounts 201110,7 k €↑
2010
Annual accounts 2010-4,3 k €↓
2009
Annual accounts 20098,1 k €↑
2008
Annual accounts 2008-7,3 k €↓
2007
Annual accounts 2007876,6 €↑
2006
Annual accounts 2006-3,1 k €
2006
Name changeBietrume Picar
20/12/1993
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

BIETRUME PICAR

Overview

What does BIETRUME PICAR 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