ACTIVE

Piros

Financial year 2025 · closed on 31/12/2025
Net result
-185 k €
-139.7% YoY
Revenue
10 M €
-41.0% YoY
Equity
1,7 M €
-9.7% YoY
Workforce
21,4 ETP
+13.8% YoY

What does Piros do?

Piros is a Public limited company incorporated in 2017. Its main activity is: Computer consultancy activities. Its registered office is in Kortenberg. It employs on average 21,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0673.552.954
Incorporation
28/03/2017
Legal form
Public limited company
Registered office
Kwikstraat 4
3078 Kortenberg · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
21,4 ETP
Joint committees (2)
  • 200
  • 218
Signals
Solid equityGood liquidityHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192018
Income statement
Revenue10 M €17 M €10,3 M €7,8 M €5,3 M €4,4 M €4,2 M €4,8 M €
EBITDA-135,7 k €681,8 k €369,4 k €740,4 k €500,7 k €558,1 k €346,5 k €273,3 k €
Operating result-163,1 k €664,9 k €355,6 k €733,6 k €496,8 k €555,2 k €344,2 k €270,8 k €
Net result-185 k €465,9 k €239,4 k €543 k €362,6 k €408,2 k €230,4 k €168,2 k €
Balance sheet
Equity1,7 M €1,9 M €1,4 M €1,3 M €1 M €868,9 k €460,6 k €230,2 k €
Total assets4,7 M €10,4 M €6,6 M €4,9 M €3,1 M €2 M €2,3 M €1 M €
Cash113,5 k €41,1 k €341,6 k €21,9 k €14,9 k €10,6 k €32,5 k €385,3 k €
Debts3 M €8,5 M €5,1 M €3,6 M €2,1 M €1,1 M €1,9 M €813 k €
Other
Workforce21,4 ETP18,8 ETP13,9 ETP11,4 ETP8,5 ETP4,0 ETP4,0 ETP2,0 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 31/12/2025 · 3 active · 4 ended

Active mandates

De Cronos Groep

Director · since 05 août 2022 · until 16 juin 2028 · 0467.132.994

Represented by Dirk Deroost

Active
Hermes De Backere

Director · since 05 août 2022 · until 16 juin 2028

Active
Josephus de Wit

Director · since 05 août 2022 · until 16 juin 2028

Active

Ended mandates

De Cronos Groep

Director · since 22 mars 2017 · until 17 juin 2022 · 0467.132.994

Represented by Dirk Deroost

Ended
De Cronos Groep

Director · since 22 mars 2017 · until 05 août 2022 · 0467.132.994

Represented by Dirk Deroost

Ended
Dirk Deroost

Director · since 22 mars 2017 · until 17 juin 2022

Ended
Josephus de Wit

Director · since 22 mars 2017 · until 17 juin 2022

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelFull modelAbridged modelAbridged modelAbridged modelAbridged 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 date02/09/202622/08/202526/08/202409/08/202326/08/202206/08/2021
General meeting19/08/202617/07/202521/06/202430/06/202305/08/202218/06/2021
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202519/08/202602/09/2026DutchPDF
Full model31/12/202417/07/202522/08/2025DutchPDF
Abridged model31/12/202321/06/202426/08/2024DutchPDF
Abridged model31/12/202230/06/202309/08/2023DutchPDF
Abridged model31/12/202105/08/202226/08/2022DutchPDF
Abridged model31/12/202018/06/202106/08/2021DutchPDF
Abridged model31/12/201919/06/202009/07/2020DutchPDF
Abridged model31/12/201821/06/201927/06/2019DutchPDF
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 31/12/2025 · 3 active · 4 ended

Active mandates

De Cronos Groep

Director · since 05 août 2022 · until 16 juin 2028 · 0467.132.994

Represented by Dirk Deroost

Active
Hermes De Backere

Director · since 05 août 2022 · until 16 juin 2028

Active
Josephus de Wit

Director · since 05 août 2022 · until 16 juin 2028

Active

Ended mandates

De Cronos Groep

Director · since 22 mars 2017 · until 17 juin 2022 · 0467.132.994

Represented by Dirk Deroost

Ended
De Cronos Groep

Director · since 22 mars 2017 · until 05 août 2022 · 0467.132.994

Represented by Dirk Deroost

Ended
Dirk Deroost

Director · since 22 mars 2017 · until 17 juin 2022

Ended
Josephus de Wit

Director · since 22 mars 2017 · until 17 juin 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office13/02/2025
    MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates10/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/11/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/02/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/12/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/01/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other30/03/2017
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025-185 k €
  2. 2024
    Annual accounts 2024465,9 k €
  3. 2023
    Annual accounts 2023239,4 k €
  4. 2022
    Annual accounts 2022543 k €
  5. 2021
    Annual accounts 2021362,6 k €
  6. 2020
    Annual accounts 2020408,2 k €
  7. 2019
    Annual accounts 2019230,4 k €
  8. 2018
    Annual accounts 2018168,2 k €
  9. 28/03/2017
    IncorporationPublic limited company