Financials
- Fiscal year
- 2024
- Turnover
- €102.0m
- Profit
- €7.0m
- Solvency
- 56.2%
Turnover▼ 6.3%
Net result
20182024
PIERRET
ActiveSummary
PIERRET has been active since 1972 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €47.1m and a net result of €7.0m. Equity is growing by ~11.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
What they do
Manufacture of other builders' carpentry and joinery
NACE 16230Manufacture of chemicals and chemical products NACE 20300Manufacture of rubber and plastic products NACE 22230
#1 employer in Libin6 sites
How big
€102.0mturnover 2024
- Staff
- 307.9 FTE
- Equity
- €47.1m
- Profit
- €7.0m
Who decides
- Holdings
- 3
Accounts 23 d early0 of 14 deeds read
Why 91- Liquidity: current ratio 1.62, cash €6.1m- Sector Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)+ Founded in 1972+ Size: turnover €103.5m, 304 FTE, total assets €114.0m, files consolidated accountsShow the evidence
Checked score
Score 2024
91
/ 100
Excellent
Probability in this band: under 0.55%
Better than 72% of its sector peers (NACE 16)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency
81-1
equity 56.2% of total assets
Liquidity
53-12
short-term debt 23.0% · cash 8.6%
Profitability
76+4
return on assets 8.3%
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 3 months
08-2026: 0.2%highest value
09-2026: 0.2%● 0.0% vs 08-2026highest value
10-2026: 0.2%● 0.0% vs 09-2026highest value
- Liquidity: current ratio 1.62, cash €6.1m raises the probability
- Founded in 1972 lowers the probability for this profile
- Size: turnover €103.5m, 304 FTE, total assets €114.0m, files consolidated accounts lowers the probability for this profile
- Sector Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16) raises the probability
Credit up to €4,250,000 at 30 days acceptable
Liquidity ample (current ratio 1.92 against 2.0 in 2023; short-term debt: 23% and cash: 8.6% of total assets), and 43.8% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 16). Better than this share of them on solvency 67%, liquidity 80%, profitability 90%, growth against the median 51%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
23 d early
2024
31 d early
2023
23 d early
2022
57 d late
2021
45 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 5 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 9 July (4 of the last 5 filed years within 67 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · unclassified…
- Annual accounts filedfiscal year 2025 · full…
- Annual accounts filedfiscal year 2024 · full…
Key points
By topic
Network & group
- Subsidiaries
- 3
- Connected companies
- 1
3 subsidiaries
Timeline
- Events
- 19
- Since
- 2015
- Next accounts
- by 31-07-2027
- 14-07-2026Annual accounts filed
- 08-07-2026Annual accounts filed
- 30-06-2025Annual accounts filed
Company details
- Sites
- 6
- Legal form
- Public limited company
- Activity
- Manufacture of other builders' carpentry and joineryNACE 16230
- Founded
- 10-03-1972
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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