ACTIVE

PI-CON

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Financial year 2025 · closed on 31/12/2025
Net result
226,4 k €
+4.0% YoY
Gross margin
532 k €
+1.9% YoY
Equity
578,1 k €
+64.4% YoY
Workforce
2,4 ETP
-7.7% YoY

What does PI-CON do?

PI-CON is a Private limited company incorporated in 2022. Its main activity is: Manufacture of tubes, pipes, hollow profiles and related fittings, of steel. Its registered office is in Staden. It employs on average 2,4 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0780.966.893
Incorporation
27/01/2022
Legal form
Private limited company
Registered office
Grote Veldstraat(STA) 94
8840 Staden · FlandreSee on map
Contributed capital
5 000,00 €
Latest accounts
31/12/2025
Average workforce
2,4 ETP
Activities (NACE)
24200Manufacture of tubes, pipes, hollow profiles and related fittings, of steel· main24200Manufacture of tubes, pipes, hollow profiles and related fittings, of steel25110Manufacture of metal structures and parts of structures25110Manufacture of metal structures and parts of structures25530Forging, pressing, stamping and roll-forming of metal; powder metallurgy25620Machining+4
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025202420232022
Income statement
Gross margin532 k €522,2 k €289,6 k €86,5 k €
EBITDA359,4 k €337,5 k €213,3 k €85,5 k €
Operating result324,8 k €308,9 k €197,6 k €82 k €
Net result226,4 k €217,8 k €148,4 k €64,5 k €
Balance sheet
Equity578,1 k €351,7 k €133,9 k €23,5 k €
Total assets1,5 M €1,2 M €801,2 k €311,1 k €
Cash1,2 k €398,3 k €14,3 k €96,4 k €
Debts917,4 k €884,9 k €667,3 k €287,6 k €
Other
Workforce2,4 ETP2,6 ETP1,2 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 · 2 active · 1 ended

Active mandates

Annelies DESAEGHER

Director

Active
Kevin GALLE

Director

Active

Ended mandates

Jelle VANNIEUWENHUYSE

Director

Ended
At this address

Other companies at this address

CompanyCBE no.
AD WORX● Active
1008.361.322
GALLE KEVIN● Active
0738.397.652
Annual accounts

Full financial information

2025202420232022
Type of accountAbridged modelAbridged modelAbridged modelMicro model
Start of the financial year01/01/202501/01/202401/01/202327/01/2022
Closing of the financial year31/12/202531/12/202431/12/202331/12/2022
Length of the financial year12 months12 months12 months12 months
Filing date16/07/202629/08/202519/07/202406/07/2023
General meeting20/06/202625/08/202515/06/202417/06/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202520/06/202616/07/2026DutchPDF
Abridged model31/12/202425/08/202529/08/2025DutchPDF
Abridged model31/12/202315/06/202419/07/2024DutchPDF
Micro model31/12/202217/06/202306/07/2023DutchPDF
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 · 2 active · 1 ended

Active mandates

Annelies DESAEGHER

Director

Active
Kevin GALLE

Director

Active

Ended mandates

Jelle VANNIEUWENHUYSE

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates26/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other31/01/2022
    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 2025226,4 k €↑
  2. 2024
    Annual accounts 2024217,8 k €↑
  3. 2023
    Annual accounts 2023148,4 k €↑
  4. 2022
    Annual accounts 202264,5 k €
  5. 27/01/2022
    IncorporationPrivate limited company