ACTIVE

GROUPE ETIENNE PIRON

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Financial year 2025 · closed on 31/12/2025
Net result
552,5 k €
+54.6% YoY
Revenue
658,5 k €
-50.6% YoY
Equity
4,1 M €
+7.0% YoY
Workforce
1,0 ETP
-44.4% YoY

What does GROUPE ETIENNE PIRON do?

GROUPE ETIENNE PIRON is a Public limited company incorporated in 2007. Its main activity is: Activities of holding companies. Its registered office is in Herve. It employs on average 1,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0887.300.570
Incorporation
16/02/2007
Legal form
Public limited company
Registered office
Rue de Chesseroux 1
4651 Herve · WallonieSee on map
Contributed capital
1 230 000,00 €
Latest accounts
31/12/2025
Average workforce
1,0 ETP
Activities (NACE)
64210Activities of holding companies· main74851Other professional, scientific and technical activities82100Office administrative and support activities82190Photocopying, document preparation and other specialised office support activities70200Management consultancy activities70220Business and other management consultancy activities+1
Joint committees (1)
  • 200
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010201020092008
Income statement
Revenue658,5 k €1,3 M €1,3 M €1,5 M €1,8 M €1,6 M €1,7 M €1,6 M €1,7 M €1,7 M €1,3 M €1 M €396,9 k €––––––
EBITDA184,6 k €202,3 k €184 k €441,5 k €546,6 k €212,1 k €403,7 k €377,7 k €563,5 k €617,6 k €509,3 k €486,2 k €270,4 k €203,8 k €208,8 k €451,8 k €227,6 k €247,9 k €31,5 k €
Operating result126,1 k €119,9 k €98,3 k €323,5 k €382,3 k €53,1 k €198,6 k €202,2 k €441,4 k €522,9 k €458,9 k €455,4 k €222,8 k €185,6 k €179 k €429,6 k €198 k €222,5 k €1,8 k €
Net result552,5 k €357,3 k €440,5 k €452,1 k €676,1 k €-88,2 k €417,8 k €794,4 k €778,6 k €530,9 k €714,6 k €594,2 k €261,7 k €242,6 k €373,2 k €309,3 k €64,6 k €111,3 k €-105,1 k €
Balance sheet
Equity4,1 M €3,8 M €3,7 M €3,6 M €3,4 M €3 M €3,1 M €2,7 M €2,1 M €1,6 M €1,4 M €1,3 M €1,3 M €1,3 M €1,3 M €1,3 M €1,3 M €1,2 M €1,1 M €
Total assets7,6 M €6,8 M €6,1 M €6,8 M €8,8 M €8,2 M €9,3 M €9,5 M €6,4 M €6,3 M €3,6 M €3,4 M €3,5 M €3,1 M €3,2 M €3,2 M €2,8 M €2,8 M €2,6 M €
Cash285,4 k €89,7 k €504 k €888,9 k €769,9 k €540,4 k €652,7 k €244,7 k €309 k €139,8 k €385,6 k €157,3 k €92,9 k €42,3 k €55,6 k €36 k €8,9 k €9,9 k €33,8 k €
Debts3,5 M €3 M €2,3 M €3 M €5,3 M €5,2 M €6,2 M €6,8 M €4,3 M €4,7 M €2,2 M €2 M €2,2 M €1,8 M €1,9 M €2 M €1,5 M €1,5 M €1,5 M €
Other
Workforce1,0 ETP1,8 ETP2,0 ETP2,0 ETP2,9 ETP4,5 ETP5,0 ETP5,2 ETP7,0 ETP8,1 ETP6,0 ETP5,2 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 · 3 active · 7 ended

Active mandates

LOUIS PIRON MANAGEMENT

Director · since 20 juin 2025 · until 20 juin 2031 · 1019.997.065

Represented by Louis Piron

Active
Etienne Piron

Director · since 29 mars 2021 · until 19 juin 2026

Active
Louis Piron

Director · since 29 mars 2021 · until 20 juin 2025

Active

Ended mandates

Louis Piron

Director · since 01 avril 2021 · until 19 juin 2026

Ended
Louis Piron

Administrator - manager · since 01 avril 2021 · until 19 juin 2026

Ended
Etienne Piron

Managing director · since 29 mars 2021 · until 19 juin 2026

Ended
Louis Piron

Director · since 29 mars 2021 · until 19 juin 2026

Ended
At this address

Other companies at this address

CompanyCBE no.
IMMO-SAULE● Active
0876.351.745
PIRON Construction● Active
0444.867.338
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelConsolidated accounts
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 date24/06/202623/06/202524/06/202427/06/202318/06/202203/08/2021
General meeting19/06/202620/06/202521/06/202426/06/202317/06/202225/06/2021
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

30 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202519/06/202624/06/2026FrenchPDF
Full model31/12/202420/06/202523/06/2025FrenchPDF
Consolidated accounts31/12/202420/06/202502/09/2025FrenchPDF
Full model31/12/202321/06/202424/06/2024FrenchPDF
Consolidated accountsCorrection31/12/202321/06/202407/10/2024FrenchPDF
Consolidated accounts31/12/202321/06/202428/06/2024FrenchPDF
Full model31/12/202226/06/202327/06/2023FrenchPDF
Consolidated accounts31/12/202226/06/202304/07/2023FrenchPDF
Full model31/12/202117/06/202218/06/2022FrenchPDF
Consolidated accounts31/12/202117/06/202220/06/2022FrenchPDF
Full model31/12/202025/06/202116/07/2021FrenchPDF
Consolidated accounts31/12/202025/06/202103/08/2021FrenchPDF
Full model31/12/201926/06/202003/07/2020FrenchPDF
Consolidated accounts31/12/201926/06/202001/07/2020FrenchPDF
Full model31/12/201828/06/201928/06/2019FrenchPDF
Consolidated accounts31/12/201828/06/201928/06/2019FrenchPDF
Full model31/12/201729/06/201802/07/2018FrenchPDF
Consolidated accounts31/12/201729/06/201803/07/2018FrenchPDF
Full model31/12/201623/06/201701/07/2017FrenchPDF
Consolidated accounts31/12/201623/06/201701/07/2017FrenchPDF
Full model31/12/201517/06/201601/07/2016FrenchPDF
Consolidated accounts31/12/201517/06/201601/07/2016FrenchPDF
Full model31/12/201419/06/201521/08/2015FrenchPDF
Full model31/12/201320/06/201414/07/2014FrenchPDF

View all 30 filings

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 · 3 active · 7 ended

Active mandates

LOUIS PIRON MANAGEMENT

Director · since 20 juin 2025 · until 20 juin 2031 · 1019.997.065

Represented by Louis Piron

Active
Etienne Piron

Director · since 29 mars 2021 · until 19 juin 2026

Active
Louis Piron

Director · since 29 mars 2021 · until 20 juin 2025

Active

Ended mandates

Louis Piron

Director · since 01 avril 2021 · until 19 juin 2026

Ended
Louis Piron

Administrator - manager · since 01 avril 2021 · until 19 juin 2026

Ended
Etienne Piron

Managing director · since 29 mars 2021 · until 19 juin 2026

Ended
Louis Piron

Director · since 29 mars 2021 · until 19 juin 2026

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/07/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates31/03/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/07/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office21/03/2022
    SIEGE SOCIAL
    PDF
  • Mandates07/04/2021
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/08/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/12/2016
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/10/2014
    DENOMINATION - OBJET
    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 2025552,5 k €↑
  2. 2024
    Annual accounts 2024357,3 k €↓
  3. 2023
    Annual accounts 2023440,5 k €↓
  4. 2022
    Annual accounts 2022452,1 k €↓
  5. 2021
    Annual accounts 2021676,1 k €↑
  6. 2020
    Annual accounts 2020-88,2 k €↓
  7. 2019
    Annual accounts 2019417,8 k €↓
  8. 2018
    Annual accounts 2018794,4 k €↑
  9. 2017
    Annual accounts 2017778,6 k €↑
  10. 2016
    Annual accounts 2016530,9 k €↓
  11. 2015
    Annual accounts 2015714,6 k €↑
  12. 2014
    Annual accounts 2014594,2 k €↑
  13. 2014
    Name changeGROUPE ETIENNE PIRON
  14. 2013
    Annual accounts 2013261,7 k €↑
  15. 2012
    Annual accounts 2012242,6 k €↓
  16. 2011
    Annual accounts 2011373,2 k €↑
  17. 2010
    Annual accounts 2010309,3 k €↑
  18. 2010
    Annual accounts 201064,6 k €↓
  19. 2009
    Annual accounts 2009111,3 k €↑
  20. 2008
    Annual accounts 2008-105,1 k €
  21. 2008
    Name changeLE FIL A PLOMB
  22. 16/02/2007
    IncorporationPublic limited company