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PIRE

Active
Public limited companyfounded 199135 yrs activeRue du Presbytère 18, 4350 Remicourt, BelgiumKBO/BCE: BE 0443.404.222
Summary

For PIRE, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €163,655 and a net result of €211,301. Equity is growing by ~8.6% per year across the filed fiscal years. The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability100=
Solvency100▲+100
Growth54=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 35 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
76.2%
Return on assets
98.4%
Age of the figures
30 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Annual accounts not filed
The financial year that closed on 31-03-2025 was due at the National Bank by 31-10-2025. Nothing is on record, 334 days later.
NBB · 10 filings
Position against the passed deadline
31-03-2025 close31-10-2025 deadline30-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2024 was due by 31-10-2024 and was filed on 29-10-2024, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
2 d early
2023
15 d early
2022
31 d early
2021
2 d early
2020
1 d early
2019
39 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 15 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

PIRE was incorporated on 15 March 1991.1 Total assets rose from EUR 68,288 in 2019 to EUR 214,707 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2024

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Financials · fiscal year 2024, micro schema

Turnover
€949▼ 7.9%
2020 · €1,030
EBIT margin
-280.1%▲ 1065.7pp
2020 · -1345.8%
Net result
€211,301▲ 1,620%
2023 · €12,284
Working capital
€163,655▲ 55,198%
2023 · €296
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€1,030€949▼ 7.9%
Operating result-€13,858▼ 47.4%-€2,657▲ 80.8%€5,284€12,284▲ 132%€262,262▲ 2,035%
Net result-€13,858▼ 45.3%-€2,657▲ 80.8%€5,284€12,284▲ 132%€211,301▲ 1,620%
EBIT margin-1345.8%-280.1%▲ 1065.7pp
Equity-€62,556▼ 28.5%-€65,213▼ 4.2%-€59,930▲ 8.1%-€47,646▲ 20.5%€163,655
Total assets€38,758▼ 43.2%€15,185▼ 60.8%€9,457▼ 37.7%€7,819▼ 17.3%€214,707▲ 2,646%
Debt€101,314▼ 13.4%€80,398▼ 20.6%€69,387▼ 13.7%€55,465▼ 20.1%€51,051▼ 8.0%
Working capital€5,921▼ 70.5%-€2,148€1,012€296▼ 70.8%€163,655▲ 55,198%
Staff (FTE)
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000€0€100,000€200,000€300,000Operating result 2020: -€13,858-€13,858Net result 2020: -€13,858-€13,858Operating result 2021: -€2,657-€2,657Net result 2021: -€2,657-€2,657Operating result 2022: €5,284€5,284Net result 2022: €5,284€5,284Operating result 2023: €12,284€12,284Net result 2023: €12,284€12,284Operating result 2024: €262,262€262,262Net result 2024: €211,301€211,30120202021202220232024€0€100,000€200,000€300,000Operating result 2022: €5,284€5,280Net result 2022: €5,284€5,280Operating result 2023: €12,284€12,300Net result 2023: €12,284€12,300Operating result 2024: €262,262€262,000Net result 2024: €211,301€211,000202220232024
The operating result has risen four years in a row; 2024 is 2,035% above 2023 and is the highest result in the available series.
Balance-sheet composition
Equity and liabilities €214,707
Equity €163,655
Debt €51,051
Debt finances 23.8% of the balance-sheet total.
Key figures and ratios
2024 value · change against 2023
Current ratio
4.21▲
2023 · 1.05
Debt to equity
0.31▲
2023 · -1.16
ROE
129.1%
ROA
98.4%▼
2023 · 157.1%
Debt ≤ 1 year
€51,051▲
2023 · €5,465
Income taxes
€50,961
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 36 lines
Balance sheet Code20232024
Assets
Total assets20/58€7,819€214,707▲
Fixed assets21/28€2,058-
Intangible fixed assets21€0-
Tangible fixed assets22/27€2,058-
Land and buildings22€2,058-
Furniture and vehicles24€0-
Current assets29/58€5,761€214,707▲
Cash at bank and in hand54/58€5,761€214,707▲
Equity and liabilities
Total equity and liabilities10/49€7,819€214,707▲
Equity10/15-€47,646€163,655▲
Contributions10/11€62,000€62,000=
Capital10€62,000€62,000=
Issued capital100€62,000€62,000=
Reserves13€6,200€101,655▲
Non-distributable reserves130/1€6,200€6,200=
Legal reserve130€6,200€6,200=
Distributable reserves133-€95,455
Profit (loss) carried forward14-€115,846-
Amounts payable17/49€55,465€51,051▼
Amounts payable after more than one year17€50,000-
Other amounts payable178/9€50,000-
Amounts payable within one year42/48€5,465€51,051▲
Taxes, remuneration and social security45€600€50,961▲
Taxes450/3€600€50,961▲
Other amounts payable47/48€4,865€91▼
Income statement Code20232024
Other operating charges640/8€2,015€2,208▲
Gross operating margin9900€14,299€264,470▲
Operating profit (loss)9901€12,284€262,262▲
Profit (loss) for the period before taxes9903€12,284€262,262▲
Income taxes67/77-€50,961
Profit (loss) for the period9904€12,284€211,301▲
Profit (loss) for the period to be appropriated9905€12,284€211,301▲
Appropriation of the result
Profit (loss) to be appropriated9906-€115,846€95,455▲
Profit (loss) brought forward from the previous period14P-€128,130-€115,846▲
Transfer to equity691/2-€95,455
To the legal reserve6920-€95,455

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Turnover70€1,030€949----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,725€14,586€7,880---
Other operating charges640/8--€2,022€2,015€2,208▲ 9.5%
Gross operating margin9900€4,157€13,935€15,185€14,299€264,470▲ 1,750%
Operating profit (loss)9901-€13,858-€2,657€5,284€12,284€262,262▲ 2,035%
Profit (loss) for the period before taxes9903-€13,858-€2,657€5,284€12,284€262,262▲ 2,035%
Income taxes67/77----€50,961-
Profit (loss) for the period9904-€13,858-€2,657€5,284€12,284€211,301▲ 1,620%
Profit (loss) for the period to be appropriated9905-€13,858-€2,657€5,284€12,284€211,301▲ 1,620%
Line20202021202220232024Change
Assets
Total assets20/58€38,758€15,185€9,457€7,819€214,707▲ 2,646%
Fixed assets21/28€24,523€9,938€2,058€2,058--
Intangible fixed assets21--€0€0--
Tangible fixed assets22/27€24,523€9,938€2,058€2,058--
Land and buildings22--€2,058€2,058--
Furniture and vehicles24--€0€0--
Current assets29/58€14,235€5,247€7,399€5,761€214,707▲ 3,627%
Amounts receivable within one year40/41€859€525----
Cash at bank and in hand54/58€13,376€4,722€7,399€5,761€214,707▲ 3,627%
Equity and liabilities
Total equity and liabilities10/49€38,758€15,185€9,457€7,819€214,707▲ 2,646%
Equity10/15-€62,556-€65,213-€59,930-€47,646€163,655▲ 443%
Contributions10/11€62,000€62,000€62,000€62,000€62,000=
Capital10--€62,000€62,000€62,000=
Issued capital100--€62,000€62,000€62,000=
Reserves13€6,200€6,200€6,200€6,200€101,655▲ 1,540%
Non-distributable reserves130/1--€6,200€6,200€6,200=
Legal reserve130--€6,200€6,200€6,200=
Distributable reserves133----€95,455-
Profit (loss) carried forward14-€130,756-€133,413-€128,130-€115,846--
Amounts payable17/49€101,314€80,398€69,387€55,465€51,051▼ 8.0%
Amounts payable after more than one year17€93,000€73,000€63,000€50,000--
Other amounts payable178/9--€63,000€50,000--
Amounts payable within one year42/48€8,314€7,395€6,387€5,465€51,051▲ 834%
Trade debts44-€807----
Taxes, remuneration and social security45--€600€600€50,961▲ 8,393%
Taxes450/3--€600€600€50,961▲ 8,393%
Other amounts payable47/48--€5,787€4,865€91▼ 98.1%
Line20202021202220232024Change
Profit (loss) for the period9904-€13,858-€2,657€5,284€12,284€211,301▲ 1,620%
+ Depreciation and write-downs630€14,725€14,586€7,880---
Operating cash flow (approximation)€867€11,928€13,163€12,284€211,301▲ 1,620%
Investment in fixed assets (approximation)-€0€0€0--
Change in cash--€8,654€2,677-€1,638€208,946▲ 12,858%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2024
29-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial Highest result since 2019net €211,301 ▲1,620%
Operating result €262,262, net result €211,301, both a record.
31-03
Financial Liquidity quadruplescurrent ratio 4.21
Current ratio from 1.05 to 4.21.
31-03
Financial Equity above €150,000Eq €163,655
3 profitable years in a row build equity to €163,655.
2023
16-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
30-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial Back to profitnet €5,284
Net result €5,284 after 3 loss-making years.
2021
29-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2020
30-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial Weakest financial yearnet -€13,858
Net result drops to -€13,858, the lowest in the series; recovery starts the following year.
2019
22-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
22-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2017
13-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
05-10
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2015
28-09
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Remicourt · 1 establishment unit since 1991
seat establishment The establishment unit on the map
Ground area
6,626 m²
Building footprint
367 m²
Volume, LiDAR
4,927 m³
2 parcels, Wallonia · tallest building 20.4 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
LIBRAIRIE DE L'EPI
Avenue Reine Astrid 40, 4300 WaremmeNACE 52240
since 19912.052.186.042
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
64063A0268/00E000 Wallonia 5,934 m² 1 · 162 m² 18.7 m · 2 fl.
64074C0891/00T008 Wallonia 691 m² 1 · 205 m² 20.4 m · 6 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPublic limited company
Founded15-03-1991
Fiscal year end31-03
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 30 September 2026 · Peppol Directory

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