ACTIVE

PIERROT

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Financial year 2024 · closed on 31/12/2024

Net result

251 k €

+1362.1% YoY

Gross margin

3,7 M €

+38.6% YoY

Equity

1,7 M €

+35.6% YoY

Workforce

60,2 ETP

+30.9% YoY

What does PIERROT do?

PIERROT is a Non-profit organization incorporated in 2001. Its main activity is: Technical and vocational secondary education. Its registered office is in Pajottegem. It employs on average 60,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0475.845.079

Incorporation

15/08/2001

Legal form

Non-profit organization

Registered office

Plaatsstraat 14
1570 Pajottegem · FlandreSee on map

Latest accounts

31/12/2024

Average workforce

60,2 ETP

Activities (NACE)

85321Technical and vocational secondary education· main 88911Child day-care activities 88911Child day-care activities

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	3,7 M €	+38.6%	2,7 M €	+25.6%	2,1 M €	+31.4%	1,6 M €	-2.2%	1,7 M €	+7.3%	1,6 M €	-14.7%	1,8 M €	+20.0%	1,5 M €	+7.6%	1,4 M €	+1.2%	1,4 M €	+1061%	119,9 k €	-91.3%	1,4 M €	+1.6%	1,4 M €	+51.3%	892,9 k €	+57.5%	567 k €	+78.9%	316,9 k €	-33.6%	477,5 k €
EBITDA	461,2 k €	+153%	182,4 k €	-24.0%	240 k €	+47.3%	163 k €	+644%	21,9 k €	+246%	-15 k €	-103%	441,4 k €	+135%	187,6 k €	+8.9%	172,2 k €	-35.0%	265,1 k €	+126%	-1 M €	-556%	224,4 k €	-16.8%	269,6 k €	+90.6%	141,5 k €	+222%	44 k €	+139%	-111,4 k €	-237%	81,5 k €
Operating result	270,1 k €	+8037%	-3,4 k €	-112%	28,3 k €	+174%	-38,3 k €	+77.8%	-172,6 k €	+15.6%	-204,5 k €	-178%	260,6 k €	+1797%	13,7 k €	+18.0%	11,6 k €	-89.1%	106,9 k €	+109%	-1,2 M €	-1832%	67,4 k €	-55.0%	149,9 k €	+227%	45,9 k €	+169%	17 k €	+112%	-139,5 k €	-350%	55,7 k €
Net result	251 k €	+1362%	-19,9 k €	-272%	11,6 k €	+121%	-55,5 k €	+68.7%	-177,2 k €	+15.7%	-210,4 k €	-180%	261,7 k €	+1075%	22,3 k €	-10.0%	24,8 k €	-79.4%	120,1 k €	+754%	-18,4 k €	-123%	78,9 k €	-50.4%	159,1 k €	+244%	46,2 k €	+175%	16,8 k €	+115%	-116,1 k €	-268%	69,2 k €
Balance sheet
Equity	1,7 M €	+35.6%	1,3 M €	-6.3%	1,4 M €	-4.3%	1,4 M €	-7.8%	1,5 M €	-13.6%	1,8 M €	-13.4%	2,1 M €	+10.6%	1,9 M €	-2.3%	1,9 M €	-2.1%	1,9 M €	+2.9%	1,9 M €	+1.4%	1,9 M €	+0.7%	1,8 M €	+29.7%	1,4 M €	+81.9%	782,9 k €	+2.2%	766 k €	-13.2%	882,1 k €
Total assets	3,1 M €	+1.2%	3,1 M €	+5.7%	2,9 M €	+4.4%	2,8 M €	+4.2%	2,7 M €	+9.6%	2,5 M €	-6.7%	2,6 M €	+17.8%	2,2 M €	+0.7%	2,2 M €	+0.3%	2,2 M €	+4.6%	2,1 M €	+2.5%	2,1 M €	-0.1%	2,1 M €	+25.4%	1,6 M €	+89.3%	871,4 k €	+9.6%	795,1 k €	-12.9%	913 k €
Cash	22,3 k €	+308%	5,5 k €	-70.9%	18,7 k €	-29.1%	26,4 k €	-0.6%	26,6 k €	+75.6%	15,1 k €	-93.7%	242,1 k €	+433%	45,5 k €	+265%	12,4 k €	+36.6%	9,1 k €	-94.3%	160,4 k €	+453%	29 k €	-46.9%	54,6 k €	-38.6%	89 k €	-4.4%	93,1 k €	+1844%	4,8 k €	-94.0%	79,3 k €
Debts	1,4 M €	-22.8%	1,8 M €	+16.0%	1,6 M €	+13.4%	1,4 M €	+20.2%	1,2 M €	+70.6%	677,4 k €	+17.0%	579,2 k €	+53.2%	378,2 k €	+18.6%	319 k €	+17.2%	272,1 k €	+18.8%	229 k €	+12.1%	204,2 k €	-7.5%	220,7 k €	-1.8%	224,8 k €	+154%	88,5 k €	+205%	29,1 k €	-5.8%	30,9 k €
Other
Workforce	60,2 ETP	+30.9%	46,0 ETP	+17.9%	39,0 ETP		–		–		40,0 ETP	+5.3%	38,0 ETP	+5.6%	36,0 ETP	-2.7%	37,0 ETP	+2.8%	36,0 ETP	0.0%	36,0 ETP	+5.9%	34,0 ETP	+6.3%	32,0 ETP	+3.2%	31,0 ETP	+93.8%	16,0 ETP	+14.3%	14,0 ETP	0.0%	14,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 56 ended

Active mandates

Deavid Modde

Director

Active

Eva Succaet

Director

Active

Ended mandates

Eva Sucaet

Director · since 12 janvier 2024

Ended

Deavid Modde

Director · since 01 janvier 2023

Ended

LAURENS DE SCHUYTENEER

Chairman of the board of directors · since 01 janvier 2022 · until 31 décembre 2022

Ended

MARIA BOON

Director · since 01 janvier 2022 · until 31 décembre 2022

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Micro model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	17/12/2025	18/11/2024	20/02/2023	23/03/2022	01/04/2021	10/04/2020
General meeting	09/12/2025	07/11/2024	18/02/2023	22/03/2022	29/03/2021	28/03/2020
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

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	09/12/2025	17/12/2025	Dutch	PDF
Abridged model	31/12/2023	07/11/2024	18/11/2024	Dutch	PDF
Abridged model	31/12/2022	18/02/2023	20/02/2023	Dutch	PDF
Micro model	31/12/2021	22/03/2022	23/03/2022	Dutch	PDF
Abridged model	31/12/2020	29/03/2021	01/04/2021	Dutch	PDF
Abridged model	31/12/2019	28/03/2020	10/04/2020	Dutch	PDF
Abridged model	31/12/2018	05/03/2019	11/03/2019	Dutch	PDF
Abridged model	31/12/2017	26/03/2018	29/03/2018	Dutch	PDF
Abridged model	31/12/2016	21/03/2017	30/03/2017	Dutch	PDF
Abridged model	31/12/2015	25/02/2016	26/02/2016	Dutch	PDF
Abridged model	31/12/2014	01/03/2015	03/03/2015	Dutch	PDF
Abridged model	31/12/2013	02/03/2014	02/04/2014	Dutch	PDF
Abridged model	31/12/2012	01/03/2013	27/05/2013	Dutch	PDF
Abridged model	31/12/2011	10/03/2012	02/05/2012	Dutch	PDF
Abridged model	31/12/2010	08/03/2011	25/03/2011	Dutch	PDF
Abridged model	31/12/2009	15/03/2010	26/04/2010	Dutch	PDF
Abridged model	31/12/2008	12/04/2009	08/05/2009	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 56 ended

Active mandates

Deavid Modde

Director

Active

Eva Succaet

Director

Active

Ended mandates

Eva Sucaet

Director · since 12 janvier 2024

Ended

Deavid Modde

Director · since 01 janvier 2023

Ended

LAURENS DE SCHUYTENEER

Chairman of the board of directors · since 01 janvier 2022 · until 31 décembre 2022

Ended

MARIA BOON

Director · since 01 janvier 2022 · until 31 décembre 2022

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other18/04/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates01/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/01/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/09/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/05/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/01/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/06/2009
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

2024
Annual accounts 2024251 k €↑
2023
Annual accounts 2023-19,9 k €↓
2022
Annual accounts 202211,6 k €↑
2021
Annual accounts 2021-55,5 k €↑
2020
Annual accounts 2020-177,2 k €↑
2019
Annual accounts 2019-210,4 k €↓
2018
Annual accounts 2018261,7 k €↑
2017
Annual accounts 201722,3 k €↓
2016
Annual accounts 201624,8 k €↓
2015
Annual accounts 2015120,1 k €↑
2014
Annual accounts 2014-18,4 k €↓
2013
Annual accounts 201378,9 k €↓
2012
Annual accounts 2012159,1 k €↑
2011
Annual accounts 201146,2 k €↑
2010
Annual accounts 201016,8 k €↑
2009
Annual accounts 2009-116,1 k €↓
2008
Annual accounts 200869,2 k €
15/08/2001
IncorporationNon-profit organization

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

PIERROT

Overview

What does PIERROT do?

Trend over 17 financial years

Indicative valuation

Board of directors

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