ACTIVE

PIETERCIL GROUP

Financial year 2025 · closed on 31/12/2025
Net result
2,8 M €
+8.3% YoY
Revenue
11,4 M €
+8.6% YoY
Equity
41,2 M €
+0.7% YoY
Workforce
52,7 ETP
-4.0% YoY

What does PIETERCIL GROUP do?

PIETERCIL GROUP is a Public limited company incorporated in 2019. Its main activity is: Activities of head offices. Its registered office is in Ternat. It employs on average 52,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0738.399.038
Incorporation
25/11/2019
Legal form
Public limited company
Registered office
Vitseroelstraat 74
1740 Ternat · FlandreSee on map
Contributed capital
40 000 000,00 €
Latest accounts
31/12/2025
Average workforce
52,7 ETP
Joint committees (1)
  • 200
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Revenue11,4 M €10,5 M €10,5 M €9,9 M €10,1 M €9,2 M €
EBITDA677,1 k €617,4 k €556,2 k €544,4 k €1 M €366 k €
Operating result559,5 k €517,8 k €519,6 k €494,8 k €990,6 k €511,9 k €
Net result2,8 M €2,6 M €2,1 M €2,6 M €2,9 M €2,2 M €
Balance sheet
Equity41,2 M €40,9 M €40,5 M €40,9 M €40,3 M €40,1 M €
Total assets44,8 M €43,9 M €44,1 M €43,2 M €42,5 M €43,6 M €
Cash126,3 k €213,5 k €274,7 k €892,8 k €311,2 k €1 M €
Debts3,3 M €2,8 M €3,4 M €2,1 M €2,1 M €3,3 M €
Other
Workforce52,7 ETP54,9 ETP57,7 ETP54,8 ETP53,5 ETP72,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 8 active · 11 ended

Active mandates

ESSP

Director · since 01 juillet 2024 · until 15 septembre 2025 · 1010.996.455

Represented by Philip Demeulemeester

Active
De Eik

Director · since 21 novembre 2019 · until 03 juin 2026 · 0411.941.380

Represented by Philippe VANDEURZEN

Active
Fagus Finance

Chairman of the board of directors · since 21 novembre 2019 · until 03 juin 2026 · 0425.295.114

Represented by Michel DE BRAUWER

Active
Geert DE BRAUWER

Director · since 21 novembre 2019 · until 03 juin 2026

Active
Jan CHRISTIAENS

Director · since 21 novembre 2019 · until 03 juin 2026

Active
Jan DE BRAUWER

Director · since 21 novembre 2019 · until 03 juin 2026

Active
Katrien Bousson

Director · since 21 novembre 2019 · until 03 juin 2026 · 0675.561.052

Represented by Katrien Bousson

Active
Klara VAN WAEYENBERGE

Director · since 21 novembre 2019 · until 03 juin 2026

Active

Ended mandates

ESSP

Director · since 01 juillet 2024 · until 03 juin 2026 · 1010.996.455

Represented by Philip Demeulemeester

Ended
ARGALIX

Director · since 21 janvier 2021 · until 15 mars 2024 · 0808.841.131

Represented by Francis Kint

Ended
ARGALIX

Director · since 21 janvier 2021 · until 05 juin 2024 · 0808.841.131

Represented by Francis Kint

Ended
De Eik

Director · since 21 novembre 2019 · until 04 juin 2025 · 0411.941.380

Represented by Philippe VANDEURZEN

Ended
At this address

Other companies at this address

CompanyCBE no.
0402.240.588
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202121/11/2019
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 months14 months
Filing date08/06/202605/06/202510/06/202430/06/202315/06/202229/09/2021
General meeting03/06/202604/06/202505/06/202407/06/202301/06/202227/09/2021
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

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202503/06/202608/06/2026DutchPDF
m120-f-p31/12/202503/06/202608/06/2026DutchPDF
Full model31/12/202404/06/202505/06/2025DutchPDF
m120-f-p31/12/202404/06/202520/06/2025DutchPDF
Full model31/12/202305/06/202410/06/2024DutchPDF
m120-f-p31/12/202305/06/202410/06/2024DutchPDF
Full model31/12/202207/06/202330/06/2023DutchPDF
m120-f-p31/12/202207/06/202330/06/2023DutchPDF
Full model31/12/202101/06/202215/06/2022DutchPDF
m120-f-p31/12/202101/06/202209/06/2022DutchPDF
Full modelCorrection31/12/202027/09/202129/09/2021DutchPDF
Full model31/12/202002/06/202123/06/2021DutchPDF
m120-f-pCorrection31/12/202002/06/202129/09/2021DutchPDF
m120-f-p31/12/202002/06/202123/06/2021DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 8 active · 11 ended

Active mandates

ESSP

Director · since 01 juillet 2024 · until 15 septembre 2025 · 1010.996.455

Represented by Philip Demeulemeester

Active
De Eik

Director · since 21 novembre 2019 · until 03 juin 2026 · 0411.941.380

Represented by Philippe VANDEURZEN

Active
Fagus Finance

Chairman of the board of directors · since 21 novembre 2019 · until 03 juin 2026 · 0425.295.114

Represented by Michel DE BRAUWER

Active
Geert DE BRAUWER

Director · since 21 novembre 2019 · until 03 juin 2026

Active
Jan CHRISTIAENS

Director · since 21 novembre 2019 · until 03 juin 2026

Active
Jan DE BRAUWER

Director · since 21 novembre 2019 · until 03 juin 2026

Active
Katrien Bousson

Director · since 21 novembre 2019 · until 03 juin 2026 · 0675.561.052

Represented by Katrien Bousson

Active
Klara VAN WAEYENBERGE

Director · since 21 novembre 2019 · until 03 juin 2026

Active

Ended mandates

ESSP

Director · since 01 juillet 2024 · until 03 juin 2026 · 1010.996.455

Represented by Philip Demeulemeester

Ended
ARGALIX

Director · since 21 janvier 2021 · until 15 mars 2024 · 0808.841.131

Represented by Francis Kint

Ended
ARGALIX

Director · since 21 janvier 2021 · until 05 juin 2024 · 0808.841.131

Represented by Francis Kint

Ended
De Eik

Director · since 21 novembre 2019 · until 04 juin 2025 · 0411.941.380

Represented by Philippe VANDEURZEN

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other17/09/2026
    DIVERSEN
    PDF
  • Mandates06/02/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/02/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/03/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/02/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring19/05/2020
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring19/03/2020
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, 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 20252,8 M €
  2. 2024
    Annual accounts 20242,6 M €
  3. 2023
    Annual accounts 20232,1 M €
  4. 2022
    Annual accounts 20222,6 M €
  5. 2021
    Annual accounts 20212,9 M €
  6. 2020
    Annual accounts 20202,2 M €
  7. 25/11/2019
    IncorporationPublic limited company