ACTIVE

PIERRET PROJECT

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Financial year 2025 · closed on 31/12/2025

Net result

2,2 M €

+172.1% YoY

Revenue

53,5 M €

+10.2% YoY

Equity

13,2 M €

+19.9% YoY

Workforce

89,8 ETP

+3.5% YoY

What does PIERRET PROJECT do?

PIERRET PROJECT is a Public limited company incorporated in 2010. Its main activity is: Joinery installation. Its registered office is in Libin. It employs on average 89,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0831.341.270

Incorporation

24/11/2010

Legal form

Public limited company

Registered office

Zoning Le Cerisier,Transinne 10
6890 Libin · WallonieSee on map

Contributed capital

320 000,00 €

Latest accounts

31/12/2025

Average workforce

89,8 ETP

Activities (NACE)

43320Joinery installation· main 43320Joinery installation 43343Painting and glazing 43343Painting and glazing

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011
Income statement
Revenue	53,5 M €	+10.2%	48,6 M €	+3.3%	47 M €	+2.6%	45,8 M €	+40.3%	32,6 M €	+0.1%	32,6 M €	+6.7%	30,5 M €	-16.9%	36,7 M €	+32.0%	27,8 M €	-6.0%	29,6 M €	+21.5%	24,4 M €	+10.4%	22,1 M €	-8.2%	24,1 M €	+39.3%	17,3 M €	+171%	6,4 M €
EBITDA	2,7 M €	+120%	1,2 M €	-74.8%	4,9 M €	+5.5%	4,6 M €	+267%	1,3 M €	-32.8%	1,9 M €	-4.7%	2 M €	+86.8%	1,1 M €	+2043%	-54,3 k €	-117%	328,3 k €	+112%	154,8 k €	+134%	-455,8 k €	-142%	1,1 M €	+78.1%	602,9 k €	+4304%	13,7 k €
Operating result	2,7 M €	+189%	939,6 k €	-78.4%	4,3 M €	+14.7%	3,8 M €	+313%	917,4 k €	-49.7%	1,8 M €	+3.2%	1,8 M €	+98.9%	888,4 k €	+1031%	-95,4 k €	-164%	149,2 k €	+49.6%	99,7 k €	+127%	-369,5 k €	-141%	905,8 k €	+66.3%	544,7 k €	+13788%	3,9 k €
Net result	2,2 M €	+172%	805,6 k €	-75.5%	3,3 M €	+19.9%	2,7 M €	+335%	629,1 k €	-50.0%	1,3 M €	+10.3%	1,1 M €	+103%	560,4 k €	+439%	-165,4 k €	-393%	56,5 k €	+13.9%	49,6 k €	+112%	-402,7 k €	-181%	498,2 k €	+71.8%	290 k €	+914%	-35,6 k €
Balance sheet
Equity	13,2 M €	+19.9%	11 M €	+7.9%	10,2 M €	+47.4%	6,9 M €	+65.2%	4,2 M €	+17.6%	3,6 M €	+54.4%	2,3 M €	+97.4%	1,2 M €	+91.8%	610,5 k €	-21.3%	775,9 k €	+7.8%	719,5 k €	+7.4%	669,9 k €	-37.5%	1,1 M €	+86.7%	574,4 k €	+102%	284,4 k €
Total assets	29,4 M €	+22.4%	24 M €	+19.9%	20 M €	-2.7%	20,6 M €	+21.7%	16,9 M €	+1.6%	16,7 M €	+6.9%	15,6 M €	-15.4%	18,4 M €	+13.7%	16,2 M €	+8.7%	14,9 M €	+17.7%	12,7 M €	+9.7%	11,5 M €	-4.5%	12,1 M €	+37.9%	8,8 M €	+198%	2,9 M €
Cash	4,5 M €	-22.6%	5,9 M €	+25.4%	4,7 M €	+29.4%	3,6 M €	-10.3%	4 M €	+160%	1,6 M €	-20.8%	2 M €	-54.7%	4,3 M €	+106%	2,1 M €	-20.7%	2,6 M €	+81.7%	1,5 M €	-48.4%	2,8 M €	+171%	1 M €	+9.1%	953,9 k €	+613%	133,7 k €
Debts	14,3 M €	+29.1%	11,1 M €	+38.7%	8 M €	-33.9%	12,1 M €	+2.3%	11,8 M €	-5.0%	12,4 M €	-1.8%	12,7 M €	-22.8%	16,4 M €	+6.4%	15,4 M €	+11.0%	13,9 M €	+18.0%	11,8 M €	+9.0%	10,8 M €	-1.1%	10,9 M €	+34.3%	8,1 M €	+205%	2,7 M €
Other
Workforce	89,8 ETP	+3.5%	86,8 ETP	+12.3%	77,3 ETP	+4.0%	74,3 ETP	+5.7%	70,3 ETP	+4.3%	67,4 ETP	+5.1%	64,1 ETP	+2.4%	62,6 ETP	+12.2%	55,8 ETP	+5.3%	53,0 ETP	+1.0%	52,5 ETP	+6.3%	49,4 ETP	-1.8%	50,3 ETP	-3.1%	51,9 ETP	+2.8%	50,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 19 ended

Active mandates

Arnaud Pierret

Director · since 11 décembre 2023 · until 29 juin 2029

Active

Arnaud Pierret

Managing director · since 11 décembre 2023 · until 29 juin 2029

Active

Daphnée Pierret

Chairman of the board of directors · since 11 décembre 2023 · until 29 juin 2029

Active

Daphnée Pierret

Director · since 11 décembre 2023 · until 29 juin 2029

Active

Daphnée Pierret

Managing director · since 11 décembre 2023 · until 29 juin 2029

Active

Ended mandates

Arnaud Pierret

Director · since 10 juillet 2022 · until 05 mai 2028

Ended

Arnaud Pierret

Managing director · since 10 juillet 2022 · until 05 mai 2028

Ended

Daphnée . Pierret

Chairman of the board of directors · since 10 juillet 2022 · until 05 mai 2028

Ended

Daphnée Pierret

Managing director · since 10 juillet 2022 · until 05 mai 2028

Ended

At this address

Other companies at this address

Company	CBE no.
PIERRET● Active	0412.081.734
PIERRET EXTRUSION● Active	0469.623.817
PIERRET MARKETING & DEVELOPMENT● Active	0461.960.817
R.A.D.● Active	0468.247.011

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	14/07/2026	30/06/2025	08/07/2024	26/09/2023	01/09/2022	08/07/2021
General meeting	26/06/2026	27/06/2025	28/06/2024	29/06/2023	10/07/2022	30/06/2021
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

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	26/06/2026	14/07/2026	French	PDF
Full model	31/12/2024	27/06/2025	30/06/2025	French	PDF
Full model	31/12/2023	28/06/2024	08/07/2024	French	PDF
Full model	31/12/2022	29/06/2023	26/09/2023	French	PDF
Full model	31/12/2021	10/07/2022	01/09/2022	French	PDF
Full model	31/12/2020	30/06/2021	08/07/2021	French	PDF
Full model	31/12/2019	30/09/2020	21/10/2020	French	PDF
Full model	31/12/2018	30/08/2019	12/09/2019	French	PDF
Full model	31/12/2017	08/06/2018	18/09/2018	French	PDF
Full model	31/12/2016	02/06/2017	06/06/2017	French	PDF
Full model	31/12/2015	03/06/2016	24/06/2016	French	PDF
Full model	31/12/2014	05/06/2015	08/06/2015	French	PDF
Full model	31/12/2013	06/06/2014	11/06/2014	French	PDF
Full model	31/12/2012	07/06/2013	02/07/2013	French	PDF
Full model	31/12/2011	01/06/2012	06/06/2012	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 5 active · 19 ended

Active mandates

Arnaud Pierret

Director · since 11 décembre 2023 · until 29 juin 2029

Active

Arnaud Pierret

Managing director · since 11 décembre 2023 · until 29 juin 2029

Active

Daphnée Pierret

Chairman of the board of directors · since 11 décembre 2023 · until 29 juin 2029

Active

Daphnée Pierret

Director · since 11 décembre 2023 · until 29 juin 2029

Active

Daphnée Pierret

Managing director · since 11 décembre 2023 · until 29 juin 2029

Active

Ended mandates

Arnaud Pierret

Director · since 10 juillet 2022 · until 05 mai 2028

Ended

Arnaud Pierret

Managing director · since 10 juillet 2022 · until 05 mai 2028

Ended

Daphnée . Pierret

Chairman of the board of directors · since 10 juillet 2022 · until 05 mai 2028

Ended

Daphnée Pierret

Managing director · since 10 juillet 2022 · until 05 mai 2028

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/10/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates12/11/2024
DEMISSIONS, NOMINATIONS - DIVERS
PDF
Mandates20/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates07/11/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates03/01/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates03/10/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates12/05/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates10/05/2017
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 20252,2 M €↑
2024
Annual accounts 2024805,6 k €↓
2023
Annual accounts 20233,3 M €↑
2022
Annual accounts 20222,7 M €↑
2021
Annual accounts 2021629,1 k €↓
2020
Annual accounts 20201,3 M €↑
2019
Annual accounts 20191,1 M €↑
2018
Annual accounts 2018560,4 k €↑
2017
Annual accounts 2017-165,4 k €↓
2016
Annual accounts 201656,5 k €↑
2015
Annual accounts 201549,6 k €↑
2014
Annual accounts 2014-402,7 k €↓
2013
Annual accounts 2013498,2 k €↑
2012
Annual accounts 2012290 k €↑
2011
Annual accounts 2011-35,6 k €
24/11/2010
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

PIERRET PROJECT

Overview

What does PIERRET PROJECT do?

Trend over 15 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