Equity
€8.9m ▲ 6.4%
PIRON has made a profit in every financial year since 2006.
PIRON
Lifetime
20 annual accounts with figures on one time axis, 48 filings since 1978peak €1.8m (2025)
€1.8m▲ 1.1%
peak €1.4m (2019)
€563,273▼ 27.8%
peak €8.9m (2025)
€8.9m▲ 6.4%
€8.8m▲ 20×
peak 20.1 FTE (2020)
2.8 FTE▼ 49.1%
Board2 names since 2016
2 directors and 1 other
Documentsfilings and deeds
29-09-202660 days late
2025abbreviated format
Result from €780,659 to €563,273Staff from 5.5 FTE to 2.8 FTEPurpose change 29-01Debts from €448,723 to €8.8mInvestments €9.4m
Key points
from the 2025 annual accountsDebts
€8.8m ▲ 20×
Debts rose by €8.4m in 2025.
Securities
€8.3m
Mortgage mandates, new in 2025. 92.3% of equity · not in the 2024 accounts.
Investments
€9.0m 17.5 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 159.5% higher than in 2024.
Staff
2.8 FTE from 20.1 in 2020
Between 2020 and 2025, 86% of the full-time equivalents disappeared.
Liquidity
0.64 was 2.61 in 2024
Short-term debts rose from €448,723 to €1.9m.
2025 accounts filed 60 days after the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 17,044 companies had the same profile as PIRON has now. Each dot stands for 43 companies, two years later.
94.3%
were still trading
5.0%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,044 companies, not a prediction for PIRON. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0418069901
Purpose change
“Le négoce en véhicules neufs ou d’occasion” (deed in French) · General meeting of 14-01-2025 · Gazette deed
Merger: PIRON takes over RICHARD HOYAUX
Reappointments: (director) and (director) · “pour son propre compte ou pour compte de tiers, toutes activités et opérations se rapportant à l’entreposage…” (deed in French) · The company holds all the shares of RICHARD HOYAUX · General meeting of 01-04-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PIRON Herstal | €17.8m | €1.8m | 50.3% | 2.8 |
| Immobilière Bollinckx Brussels | €9.2m | €1.1m | 48.4% | 2 |
| JACOBS KOELING Nieuwerkerken (Limb.) | €13.8m | €1.1m | 66.2% | 3.1 |
| 'T BELFORT Koksijde | €33.6m | €2.9m | 46.2% | 6 |
| Etablissements Luc Mauroy Eghezée | €8.7m | €0.8m | 36.6% | 2.1 |
| FLANDERS COLD CENTER Ghent | €9.8m | €3.1m | 78.7% | 6 |
| Meat & Storage DC Oudenaarde | €9.2m | €1.4m | 54.9% | 8.6 |
These companies have the same main activity as PIRON: warehousing and storage (NACE 52100). They are comparable in size and age: total assets between €8.7m and €34m, founded between 1973 and 1994.
Official details
Source: KBO- Status
- Active since 01-01-1978Normal situation
- Activity
- Warehousing and storageNACE 52100and 6 others
- Establishment unit
- 2.014.652.2874040 Herstal, since 01-01-1978
- Financial year end
- 31 December
- Peppol
- Reachable since 19-12-2025
Annual accounts 2025
- ≈ €3.2mestimated
- €17.8m▲ 101%
- Employeeson 31-12-2025
- 2▼ 66.7%
- Filing
- Filed on 29-09-2026
Insights on PIRON
PIRON files the abbreviated format. That format states no turnover. The gross margin rose from €1.1m in 2006 to €1.8m in 2025.
The balance sheet grew most from 2024 to 2025 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PIRON
- What is the company number of PIRON?
- The company number of PIRON is 0418.069.901. The VAT number is the same number with BE in front: BE 0418.069.901.
- Where is PIRON based?
- The registered office is at Rue de l'Abbaye 1, 4040 Herstal.Company details
- What does PIRON do?
- According to the KBO register, the main activity is warehousing and storage (NACE 52100).
- What is the legal form of PIRON?
- PIRON is a public limited company (NV).
- When was PIRON founded?
- PIRON was founded on 01-01-1978.
- Is PIRON still active?
- Yes, PIRON is an active enterprise in the KBO register.
- How many employees does PIRON have?
- PIRON had an average of 2.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of PIRON?
- The turnover in financial year 2025 is ≈ €3.2m. This figure is estimated from the gross margin of €1.8m and 1,584 comparable companies of the same size. It probably lies between €2.1m and €5.2m. It is a rough estimate.
- Is PIRON profitable?
- In financial year 2025, PIRON made a profit of €563,273.
- Where can I find the annual accounts of PIRON?
- PIRON filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PIRON due?
- PIRON must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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