ACTIVE

HENRI PIRSON

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Financial year 2025 · closed on 31/12/2025

Net result

15,6 k €

-74.9% YoY

Revenue

770,5 k €

-3.0% YoY

Equity

336 k €

+0.2% YoY

Workforce

8,2 ETP

0.0% YoY

What does HENRI PIRSON do?

HENRI PIRSON is a Public limited company incorporated in 2008. Its main activity is: Construction of buildings. Its registered office is in Fléron. It employs on average 8,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0897.882.973

Incorporation

09/05/2008

Legal form

Public limited company

Registered office

Rue de Liéry 48 box C
4621 Fléron · WallonieSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2025

Average workforce

8,2 ETP

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 43110Demolition 43110Demolition 41001Construction of buildings 41201Construction of residential and non-residential buildings+8

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Revenue	770,5 k €	-3.0%	794,6 k €	-22.6%	1 M €	-0.5%	1 M €		–		1,1 M €	-9.1%	1,2 M €	-12.9%	1,3 M €	+4.5%	1,3 M €	-4.4%	1,3 M €	-9.5%	1,5 M €	+33.7%	1,1 M €	-1.8%	1,1 M €	+23.5%	910 k €	+6.4%	855,6 k €	-8.5%	934,6 k €	+27.6%	732,7 k €
EBITDA	39,8 k €	-62.0%	104,7 k €	+0.2%	104,5 k €	-17.6%	126,9 k €	+34.6%	94,2 k €	+37.0%	68,8 k €	-35.9%	107,3 k €	+96.3%	54,6 k €	-33.9%	82,6 k €	-26.2%	111,9 k €	-31.0%	162,2 k €	+3.8%	156,2 k €	+11.0%	140,7 k €	+29.3%	108,8 k €	+45.9%	74,6 k €	-33.5%	112,2 k €	-13.5%	129,7 k €
Operating result	23,7 k €	-72.8%	87,2 k €	-0.3%	87,4 k €	-22.5%	112,8 k €	+37.6%	82 k €	+60.6%	51 k €	-44.9%	92,7 k €	+103%	45,8 k €	-27.7%	63,3 k €	-7.9%	68,8 k €	-23.8%	90,2 k €	+9.6%	82,3 k €	+20.3%	68,4 k €	+88.8%	36,2 k €	+12112%	296,8 €	-99.3%	41,8 k €	-49.4%	82,6 k €
Net result	15,6 k €	-74.9%	62,1 k €	-2.6%	63,7 k €	-19.1%	78,8 k €	+47.6%	53,4 k €	+94.6%	27,4 k €	-38.8%	44,8 k €	+6.2%	42,2 k €	+56.1%	27,1 k €	-43.4%	47,8 k €	-16.4%	57,1 k €	+19.2%	47,9 k €	+7.5%	44,6 k €	+96.3%	22,7 k €	+251%	-15 k €	-192%	16,3 k €	-66.8%	49 k €
Balance sheet
Equity	336 k €	+0.2%	335,5 k €	+14.4%	293,4 k €	+19.9%	244,6 k €	+24.9%	195,8 k €	+13.6%	172,4 k €	-1.5%	175 k €	+9.3%	160,1 k €	+8.3%	147,9 k €	-54.8%	327,4 k €	+12.3%	291,7 k €	+18.3%	246,5 k €	+17.1%	210,6 k €	+18.3%	178 k €	+14.6%	155,3 k €	-8.8%	170,3 k €	+10.6%	154 k €
Total assets	515,8 k €	+9.5%	470,9 k €	-9.5%	520,4 k €	+4.1%	499,8 k €	+2.8%	486,4 k €	+20.8%	402,7 k €	+18.3%	340,3 k €	-4.1%	354,8 k €	+12.5%	315,2 k €	-50.1%	631,6 k €	+10.3%	572,3 k €	-3.1%	590,6 k €	+22.3%	483,1 k €	+4.6%	462,1 k €	+19.0%	388,2 k €	-15.9%	461,8 k €	-2.1%	471,9 k €
Cash	170,8 k €	+25.4%	136,2 k €	-24.2%	179,6 k €	+34.1%	133,9 k €	-24.1%	176,4 k €	+115%	82 k €	-16.6%	98,4 k €	-21.1%	124,7 k €	+16.2%	107,3 k €	-46.8%	201,6 k €	-5.5%	213,4 k €	+72.0%	124 k €	+26.8%	97,8 k €	+198%	32,9 k €		–		55,5 k €	+424%	10,6 k €
Debts	179,8 k €	+32.7%	135,4 k €	-40.3%	227 k €	-11.0%	255,2 k €	-12.2%	290,6 k €	+26.2%	230,2 k €	+39.3%	165,3 k €	-15.1%	194,7 k €	+16.3%	167,3 k €	-44.5%	301,5 k €	+10.4%	273,1 k €	-19.9%	340,9 k €	+25.1%	272,5 k €	-4.1%	284 k €	+30.4%	217,8 k €	-25.3%	291,4 k €	-8.3%	317,8 k €
Other
Workforce	8,2 ETP	0.0%	8,2 ETP	-31.7%	12,0 ETP	+25.0%	9,6 ETP	-27.3%	13,2 ETP	+18.9%	11,1 ETP	+1.8%	10,9 ETP	-6.0%	11,6 ETP	-2.5%	11,9 ETP	+2.6%	11,6 ETP	+1.8%	11,4 ETP	-3.4%	11,8 ETP	+19.2%	9,9 ETP	+13.8%	8,7 ETP	-20.2%	10,9 ETP	+9.0%	10,0 ETP	+44.9%	6,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

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

Active mandates

BJF

Director · since 12 juillet 2022 · until 12 juillet 2028 · 0680.511.220

Represented by Jean-François BALHAN

Active

Ended mandates

BJF

Director · since 12 juillet 2022 · until 12 juillet 2028 · 0680.511.220

Represented by Jean-François BALHAN

Ended

BJF

Managing director · since 01 novembre 2017 · until 01 novembre 2023 · 0680.511.220

Represented by Jean-François BALHAUN

Ended

Jean-François BALHAN

Director · since 01 novembre 2017

Ended

BJF

Managing director · since 29 août 2017 · 0680.511.220

Represented by Jean-François BALHAN

Ended

At this address

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CHUDHARY ABDULLAH● Active	0846.023.013
MC INDUSTRY● Active	0508.582.381

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	24/08/2026	18/08/2025	19/08/2024	20/08/2023	23/08/2022	05/08/2021
General meeting	30/06/2026	30/06/2025	14/05/2024	09/05/2023	30/06/2022	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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	24/08/2026	French	PDF
Abridged model	31/12/2024	30/06/2025	18/08/2025	French	PDF
Abridged model	31/12/2023	14/05/2024	19/08/2024	French	PDF
Abridged model	31/12/2022	09/05/2023	20/08/2023	French	PDF
Abridged model	31/12/2021	30/06/2022	23/08/2022	French	PDF
Abridged model	31/12/2020	30/06/2021	05/08/2021	French	PDF
Abridged model	31/12/2019	31/07/2020	08/10/2020	French	PDF
Abridged model	31/12/2018	30/06/2019	21/08/2019	French	PDF
Abridged model	31/12/2017	30/06/2018	28/08/2018	French	PDF
Abridged model	31/12/2016	27/05/2017	27/06/2017	French	PDF
Abridged model	31/12/2015	05/06/2016	08/06/2016	French	PDF
Abridged model	31/12/2014	06/06/2015	23/06/2015	French	PDF
Abridged model	31/12/2013	14/05/2014	16/06/2014	French	PDF
Abridged model	31/12/2012	14/05/2013	24/05/2013	French	PDF
Abridged model	31/12/2011	09/05/2012	29/06/2012	French	PDF
Abridged model	31/12/2010	11/05/2011	13/05/2011	French	PDF
Abridged model	31/12/2009	12/05/2010	15/05/2010	French	PDF
Abridged model	31/12/2008	13/05/2009	22/07/2009	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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

BJF

Director · since 12 juillet 2022 · until 12 juillet 2028 · 0680.511.220

Represented by Jean-François BALHAN

Active

Ended mandates

BJF

Director · since 12 juillet 2022 · until 12 juillet 2028 · 0680.511.220

Represented by Jean-François BALHAN

Ended

BJF

Managing director · since 01 novembre 2017 · until 01 novembre 2023 · 0680.511.220

Represented by Jean-François BALHAUN

Ended

Jean-François BALHAN

Director · since 01 novembre 2017

Ended

BJF

Managing director · since 29 août 2017 · 0680.511.220

Represented by Jean-François BALHAN

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/08/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DENOMINATION - DIVERS - DEMISSIONS, NOMINATIONS
PDF
Mandates30/12/2020
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates06/12/2017
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Restructuring06/02/2017
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring01/09/2016
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates25/11/2014
DEMISSIONS, NOMINATIONS
PDF
Mandates06/06/2014
DEMISSIONS, NOMINATIONS
PDF
Other27/06/2008
DIVERS
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 202515,6 k €↓
2024
Annual accounts 202462,1 k €↓
2023
Annual accounts 202363,7 k €↓
2022
Annual accounts 202278,8 k €↑
2021
Annual accounts 202153,4 k €↑
2020
Annual accounts 202027,4 k €↓
2019
Annual accounts 201944,8 k €↑
2018
Annual accounts 201842,2 k €↑
2017
Annual accounts 201727,1 k €↓
2015
Annual accounts 201547,8 k €↓
2014
Annual accounts 201457,1 k €↑
2013
Annual accounts 201347,9 k €↑
2012
Annual accounts 201244,6 k €↑
2011
Annual accounts 201122,7 k €↑
2010
Annual accounts 2010-15 k €↓
2009
Annual accounts 200916,3 k €↓
2008
Annual accounts 200849 k €
09/05/2008
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

HENRI PIRSON

Overview

What does HENRI PIRSON do?

Trend over 17 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