ACTIVE

Piet David

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Financial year 2025 · closed on 31/12/2025
Net result
41,2 k €
+367.0% YoY
Gross margin
40,1 k €
+542.3% YoY
Equity
74,5 k €
+123.5% YoY

What does Piet David do?

Piet David is a Private limited company incorporated in 2008. Its registered office is in Ieper.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0894.898.640
Incorporation
14/01/2008
Legal form
Private limited company
Registered office
Tramstraat 15
8900 Ieper · FlandreSee on map
Contributed capital
90 000,00 €
Latest accounts
31/12/2025
Joint committees (1)
  • 314
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021202020192018201720162015201420132012201120102009
Income statement
Gross margin40,1 k €-9,1 k €13,5 k €3,8 k €16,5 k €15,3 k €15 k €10,3 k €-10,3 k €47,7 k €78 k €101,2 k €115,7 k €140,7 k €64,7 k €90 k €176,9 k €
EBITDA39,4 k €-9,6 k €12,9 k €3 k €16 k €14,7 k €14,5 k €9,6 k €-11,4 k €36 k €52,4 k €72,9 k €89,8 k €115,7 k €40,9 k €66,3 k €150,1 k €
Operating result38,4 k €-13,5 k €9 k €399,2 €14,4 k €13 k €12,9 k €7,9 k €-11,5 k €35,7 k €4,6 k €22,7 k €48,4 k €34,3 k €-33 k €-12,7 k €2,8 k €
Net result41,2 k €-15,4 k €8,9 k €303,6 €14,3 k €12,5 k €11,3 k €5,8 k €-12,3 k €-66,1 k €4 k €14,6 k €34,6 k €17,4 k €-42,8 k €-30,6 k €-38 k €
Balance sheet
Equity74,5 k €33,3 k €48,8 k €39,8 k €39,5 k €25,3 k €12,8 k €1,5 k €-4,3 k €-62 k €4,1 k €128 €-14,5 k €-49,1 k €-91,4 k €-48,6 k €-18 k €
Total assets78,6 k €36,4 k €49 k €41 k €42,3 k €30,5 k €32,4 k €32,9 k €5,4 k €40,1 k €154,5 k €215,9 k €226,8 k €259,8 k €268,8 k €342,4 k €362,9 k €
Cash58,6 k €2,2 k €11,5 k €2,7 k €568,1 €5,7 k €148,8 €3,8 €2,5 k €23,7 k €3,8 k €1,4 k €9,5 k €8,8 k €10,4 k €12,8 k €11,6 k €
Debts4,1 k €2,6 k €275 €1,2 k €2,8 k €5,2 k €19,5 k €31,4 k €9,7 k €102,1 k €150,4 k €214 k €239,6 k €292,5 k €351,7 k €389,1 k €380,9 k €
Other
Workforce–––––––––0,4 ETP0,9 ETP0,9 ETP0,9 ETP0,9 ETP0,9 ETP0,9 ETP0,5 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 7 ended

Active mandates

Piet David

Director · since 10 janvier 2008

Active

Ended mandates

Heidi Deklerck

Manager · since 14 janvier 2008

Ended
Piet David

Manager · since 14 janvier 2008

Ended
Heidi Declerck

Manager

Ended
Heidi Deklerck

Manager · until 29 mars 2017

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro 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 date29/06/202630/06/202519/07/202426/06/202318/07/202202/07/2021
General meeting27/06/202628/06/202529/06/202424/06/202325/06/202226/06/2021
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

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202527/06/202629/06/2026DutchPDF
Micro model31/12/202428/06/202530/06/2025DutchPDF
Micro model31/12/202329/06/202419/07/2024DutchPDF
Micro model31/12/202224/06/202326/06/2023DutchPDF
Micro model31/12/202125/06/202218/07/2022DutchPDF
Micro model31/12/202026/06/202102/07/2021DutchPDF
Micro model31/12/201927/06/202024/08/2020DutchPDF
Micro model31/12/201829/06/201901/07/2019DutchPDF
Micro model31/12/201730/06/201813/07/2018DutchPDF
Abridged model31/12/201624/06/201726/06/2017DutchPDF
Abridged model31/12/201525/06/201608/07/2016DutchPDF
Abridged model31/12/201427/06/201529/06/2015DutchPDF
Abridged model31/12/201328/06/201430/06/2014DutchPDF
Abridged model31/12/201229/06/201309/07/2013DutchPDF
Abridged model31/12/201130/06/201211/07/2012DutchPDF
Abridged model31/12/201025/06/201127/06/2011DutchPDF
Abridged model31/12/200926/06/201028/06/2010DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 · 7 ended

Active mandates

Piet David

Director · since 10 janvier 2008

Active

Ended mandates

Heidi Deklerck

Manager · since 14 janvier 2008

Ended
Piet David

Manager · since 14 janvier 2008

Ended
Heidi Declerck

Manager

Ended
Heidi Deklerck

Manager · until 29 mars 2017

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office22/04/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates23/09/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/04/2017
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office25/07/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other22/10/2010
    DIVERSEN
    PDF
  • Capital / shares13/08/2008
    KAPITAAL - AANDELEN - DIVERSEN
    PDF
  • Other22/01/2008
    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 202541,2 k €↑
  2. 2024
    Annual accounts 2024-15,4 k €↓
  3. 2023
    Annual accounts 20238,9 k €↑
  4. 2022
    Annual accounts 2022303,6 €↓
  5. 2021
    Annual accounts 202114,3 k €↑
  6. 2020
    Annual accounts 202012,5 k €↑
  7. 2019
    Annual accounts 201911,3 k €↑
  8. 2018
    Annual accounts 20185,8 k €↑
  9. 2017
    Annual accounts 2017-12,3 k €↑
  10. 2016
    Annual accounts 2016-66,1 k €↓
  11. 2015
    Annual accounts 20154 k €↓
  12. 2014
    Annual accounts 201414,6 k €↓
  13. 2013
    Annual accounts 201334,6 k €↑
  14. 2012
    Annual accounts 201217,4 k €↑
  15. 2011
    Annual accounts 2011-42,8 k €↓
  16. 2010
    Annual accounts 2010-30,6 k €↑
  17. 2009
    Annual accounts 2009-38 k €
  18. 14/01/2008
    IncorporationPrivate limited company