ACTIVE

PIRAH

Financial year 2025 · closed on 31/12/2025
Net result
176,9 k €
+60.9% YoY
Gross margin
284,3 k €
+51.8% YoY
Equity
589,7 k €
+42.9% YoY

What does PIRAH do?

PIRAH is a Private limited company incorporated in 2011. Its main activity is: Management consultancy activities. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0840.414.928
Incorporation
17/10/2011
Legal form
Private limited company
Registered office
Rijvisschestraat 19
9052 Gent · FlandreSee on map
Contributed capital
12 400,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120192018201720162015201420132012
Income statement
Gross margin284,3 k €187,3 k €192 k €148,7 k €104,7 k €32,1 k €39,5 k €50,2 k €13,7 k €115,3 k €90 k €64,1 k €72,7 k €
EBITDA282,8 k €185,7 k €190,6 k €147,6 k €103,9 k €30 k €36,5 k €48,4 k €11,9 k €113,4 k €88,6 k €62,3 k €65,2 k €
Operating result271,6 k €172,8 k €183,9 k €141,7 k €99,7 k €24,5 k €29 k €40 k €-7,7 k €93,9 k €66,1 k €46 k €46,2 k €
Net result176,9 k €110 k €117,8 k €91,2 k €69,3 k €10,9 k €14,8 k €20,7 k €-9,6 k €50,4 k €38 k €27,9 k €25,5 k €
Balance sheet
Equity589,7 k €412,8 k €302,8 k €185,1 k €93,8 k €191,1 k €180,2 k €165,4 k €144,6 k €154,2 k €103,8 k €65,8 k €37,9 k €
Total assets628,2 k €445,4 k €399,4 k €316,7 k €217,5 k €203 k €195,5 k €191,8 k €170,6 k €213,4 k €175,7 k €141,6 k €104,7 k €
Cash460,1 k €289,2 k €284,1 k €158,9 k €169,3 k €74,9 k €45,6 k €85,2 k €56,8 k €146,5 k €82,6 k €66,6 k €46,7 k €
Debts38,5 k €31,3 k €93,7 k €128,6 k €121,7 k €11,9 k €15,3 k €26,5 k €26 k €59,2 k €71,8 k €75,7 k €66,8 k €
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 · 1 active · 5 ended

Active mandates

Paul Suy-Verburg

Director · since 19 octobre 2011

Active

Ended mandates

Paul Suy

Manager · since 17 octobre 2011

Ended
Paul Suy

Director

Ended
Paul Suy

Manager

Ended
Paul Suy-Verburg

Director

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelMicro modelMicro 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 date03/07/202615/07/202518/07/202422/06/202324/06/202206/07/2021
General meeting19/06/202620/06/202521/06/202416/06/202317/06/202218/06/2021
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

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202519/06/202603/07/2026DutchPDF
Abridged model31/12/202420/06/202515/07/2025DutchPDF
Abridged model31/12/202321/06/202418/07/2024DutchPDF
Abridged model31/12/202216/06/202322/06/2023DutchPDF
Micro model31/12/202117/06/202224/06/2022DutchPDF
Micro model31/12/202018/06/202106/07/2021DutchPDF
Micro model31/12/201919/06/202016/07/2020DutchPDF
Abridged model31/12/201821/06/201918/07/2019DutchPDF
Micro model31/12/201715/06/201820/07/2018DutchPDF
Micro model31/12/201616/06/201720/07/2017DutchPDF
Abridged model31/12/201517/06/201620/07/2016DutchPDF
Abridged model31/12/201419/06/201517/07/2015DutchPDF
Abridged model31/12/201320/06/201417/07/2014DutchPDF
Abridged model31/12/201221/06/201318/07/2013DutchPDF
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 · 1 active · 5 ended

Active mandates

Paul Suy-Verburg

Director · since 19 octobre 2011

Active

Ended mandates

Paul Suy

Manager · since 17 octobre 2011

Ended
Paul Suy

Director

Ended
Paul Suy

Manager

Ended
Paul Suy-Verburg

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates11/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other31/10/2011
    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 2025176,9 k €
  2. 2024
    Annual accounts 2024110 k €
  3. 2023
    Annual accounts 2023117,8 k €
  4. 2022
    Annual accounts 202291,2 k €
  5. 2021
    Annual accounts 202169,3 k €
  6. 2019
    Annual accounts 201910,9 k €
  7. 2018
    Annual accounts 201814,8 k €
  8. 2017
    Annual accounts 201720,7 k €
  9. 2016
    Annual accounts 2016-9,6 k €
  10. 2015
    Annual accounts 201550,4 k €
  11. 2014
    Annual accounts 201438 k €
  12. 2013
    Annual accounts 201327,9 k €
  13. 2012
    Annual accounts 201225,5 k €
  14. 17/10/2011
    IncorporationPrivate limited company