PIRARD MANAGEMENT
PIRARD MANAGEMENT has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15k and a net result of €26k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 28% of 31061 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
| Equity | €15k |
| Net result | €26k |
| Better than sector | 28% |
| Active | 6 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 27.5% | 55.9% | |
| Net result | €26k | €27k | |
| Equity | €15k | €83k | |
| Gross operating margin | €37k | €53k | |
| Total assets | €55k | €186k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €37k | €28k | €27k | €31k | €53k |
| Net profit | €26k | €13k | €13k | €17k | €35k |
| Cash flow | €26k | €19k | €20k | €25k | €42k |
| Staff costs | - | - | - | - | - |
| Income taxes | €11k | €9k | €7k | €7k | €11k |
| Dividends | €26k | €13k | €13k | €27k | €25k |
| Total assets | €55k | €48k | €49k | €79k | €85k |
| Equity | €15k | €15k | €15k | €15k | €25k |
| Debt | €40k | €33k | €34k | €64k | €60k |
| of which ≤ 1y | €40k | €33k | €34k | €64k | €53k |
| of which > 1y | - | - | - | - | €8k |
| Working capital | €13k | €15k | €9k | €1k | €11k |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 1.32 | 1.44 | 1.25 | 1.02 | 1.21 |
| Quick ratio | 1.32 | 1.44 | 1.25 | 1.02 | 1.21 |
| Working capital ratio | 23.0% | 30.5% | 17.5% | 1.3% | 13.1% |
| Solvency | 27.5% | 31.2% | 30.8% | 18.9% | 29.1% |
| Debt / equity | 2.64 | 2.21 | 2.25 | 4.30 | 2.43 |
| Long-term debt ratio | - | - | - | - | 0.31 |
| Interest coverage | 206.21 | 140.08 | 70.57 | 39.84 | 72.70 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 46.9% | 27.5% | 25.8% | 21.4% | 40.9% |
| ROE | 170.9% | 88.1% | 83.9% | 113.2% | 140.5% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €55k | €48k | €49k | €79k | €85k |
| Fixed assets | 21/28 | €2k | €323 | €6k | €14k | €21k |
| Tangible fixed assets | 22/27 | €2k | €173 | €6k | €14k | €21k |
| Financial fixed assets | 28 | €150 | €150 | €150 | €150 | - |
| Current assets | 29/58 | €52k | €48k | €42k | €65k | €64k |
| Amounts receivable within one year | 40/41 | €16k | €28k | €22k | €40k | €47k |
| Cash & bank | 54/58 | €35k | €18k | €19k | €25k | €15k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €55k | €48k | €49k | €79k | €85k |
| Equity | 10/15 | €15k | €15k | €15k | €15k | €25k |
| Contributions / capital | 10/11 | €5k | €5k | €5k | €5k | €5k |
| Accumulated profits (losses) | 14 | €10k | €10k | €10k | €10k | €20k |
| Amounts payable | 17/49 | €40k | €33k | €34k | €64k | €60k |
| Amounts payable after one year | 17 | - | - | - | - | €8k |
| Amounts payable within one year | 42/48 | €40k | €33k | €34k | €64k | €53k |
| Trade debts payable within one year | 44 | €1k | €4k | €4k | €6k | €3k |
| Income statement | ||||||
| Gross operating margin | 9900 | €37k | €28k | €27k | €32k | €53k |
| Operating result | 9901 | €36k | €21k | €19k | €23k | €45k |
| Financial income | 75 | €9 | €560 | €1k | €2k | €1k |
| Financial charges | 65 | €178 | €197 | €376 | €768 | €727 |
| Result before taxes | 9903 | €36k | €22k | €20k | €24k | €46k |
| Income taxes | 67/77 | €11k | €9k | €7k | €7k | €11k |
| Net result for the period | 9904 | €26k | €13k | €13k | €17k | €35k |
| Result to be appropriated | 9905 | €26k | €13k | €13k | €17k | €35k |
| NACE primary | Business and other management consultancy(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 25-10-2019 |
| Status | Active |
| Postal code | 1170 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21017D0214/00F000 | Brussels | 1.4 ha | 1 · 398 m² | 40.7 m · 12 fl. |
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
28-02-2023 Registered office moved to Watermael-Boitsfort
- Avenue des Gerfauts 10/34 à 1170 Watermael-Boitsfort
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Avenue des Gerfauts 10/34 \u00E0 1170 Watermael-Boitsfort",
"city": "Watermael-Boitsfort",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Avenue des Gerfauts",
"country": "BE",
"postcode": "1170",
"box_number": "34",
"street_number": "10",
"locality_suffix": null
},
"old_address": null,
"effective_date": "2022-11-16",
"evidence_quote": "Apr\u00E8s discussion, l\u0027assembl\u00E9e, \u00E0 l\u0027unanimit\u00E9 des voix: 1.D\u00E9cide de transf\u00E9rer le si\u00E8ge social de la soci\u00E9t\u00E9 \u00E0 l\u0027adresse suivante: \u003C\u00ABAvenue des Gerfauts 10/34 \u00E0 1170 Watermael-Boitsfort\u00BB.",
"region_changed": false,
"is_statute_change": true,
"nationality_change": true,
"old_address_source": "inferred",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": null,
"filing_date": "2022-11-30",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "assembl\u00E9e g\u00E9n\u00E9rale extraordinaire",
"date": "2022-11-30",
"unanimous": true
},
"subject_company": {
"kbo": "0736.812.889",
"name_full": "PIRARD MANAGEMENT",
"legal_form": "SRL",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Olivier Pirard",
"org_rep_person_name": null,
"person_role_at_subject": "Pr\u00E9sident"
},
"co_filed_documents": []
}| Legal nameFR | PIRARD MANAGEMENT |