ACTIVE

PIELLO

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Financial year 2025 · closed on 30/09/2025
Net result
50,6 k €
+6.9% YoY
Gross margin
258,2 k €
+3.9% YoY
Equity
4,5 M €
+1.1% YoY

What does PIELLO do?

PIELLO is a Private limited company incorporated in 2011. Its main activity is: Activities of holding companies. Its registered office is in Wevelgem.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0843.068.174
Incorporation
28/12/2011
Legal form
Private limited company
Registered office
Roeselarestraat 39
8560 Wevelgem · FlandreSee on map
Contributed capital
3 341 528,00 €
Latest accounts
30/09/2025
Activities (NACE)
64200Activities of holding companies· main64210Activities of holding companies
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021201920182013
Income statement
Gross margin258,2 k €248,5 k €225,7 k €191,7 k €217,7 k €189,5 k €145,6 k €277,2 k €
EBITDA239,5 k €207,9 k €185,9 k €-7,9 k €166,2 k €183,3 k €139,1 k €273,9 k €
Operating result140,8 k €112,2 k €89 k €-94,8 k €102 k €67 k €93,6 k €247,6 k €
Net result50,6 k €47,4 k €24,5 k €60,9 k €54,3 k €28,8 k €105,1 k €164,4 k €
Balance sheet
Equity4,5 M €4,5 M €4,4 M €4,4 M €4,3 M €4,1 M €4 M €184,4 k €
Total assets6 M €6 M €6,2 M €6,1 M €5,2 M €5 M €5,1 M €510 k €
Cash50,4 k €13,6 k €65,1 k €15,2 k €235,8 k €250,6 k €746,6 k €315,4 k €
Debts1,5 M €1,5 M €1,8 M €1,7 M €877,4 k €946,9 k €1 M €325,6 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 2 ended

Active mandates

Etoile Heytens

Director · since 28 décembre 2011

Active

Ended mandates

Etoile Heytens

Manager · since 28 décembre 2011

Ended
Etoile Heytens

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/04/202625/04/202530/04/202428/04/202329/04/202230/04/2021
General meeting30/04/202624/04/202529/04/202428/04/202311/03/202212/03/2021
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202530/04/202630/04/2026DutchPDF
Abridged model30/09/202424/04/202525/04/2025DutchPDF
Abridged model30/09/202329/04/202430/04/2024DutchPDF
Abridged model30/09/202228/04/202328/04/2023DutchPDF
Abridged model30/09/202111/03/202229/04/2022DutchPDF
Abridged model30/09/202012/03/202130/04/2021DutchPDF
Abridged model30/09/201913/03/202012/06/2020DutchPDF
Abridged model30/09/201808/03/201909/05/2019DutchPDF
Abridged model30/09/201709/03/201830/04/2018DutchPDF
Abridged model30/09/201610/03/201730/03/2017DutchPDF
Abridged model30/09/201511/03/201622/03/2016DutchPDF
Abridged model30/09/201413/03/201531/03/2015DutchPDF
Abridged model30/09/201314/03/201419/03/2014DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 30/09/2025 · 1 active · 2 ended

Active mandates

Etoile Heytens

Director · since 28 décembre 2011

Active

Ended mandates

Etoile Heytens

Manager · since 28 décembre 2011

Ended
Etoile Heytens

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office12/09/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates18/07/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares17/02/2017
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other06/02/2012
    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 202550,6 k €↑
  2. 2024
    Annual accounts 202447,4 k €↑
  3. 2023
    Annual accounts 202324,5 k €↓
  4. 2022
    Annual accounts 202260,9 k €↑
  5. 2021
    Annual accounts 202154,3 k €↑
  6. 2019
    Annual accounts 201928,8 k €↓
  7. 2018
    Annual accounts 2018105,1 k €↓
  8. 2013
    Annual accounts 2013164,4 k €
  9. 28/12/2011
    IncorporationPrivate limited company