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PIERRET

Active
Public limited companyfounded 1972active for 54 yearsZoning Le Cerisier,Transinne 10, 6890 Libin, BelgiumKBO/BCE: BE 0412.081.734
Summary

PIERRET has been active since 1972 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €47.1m and a net result of €7.0m. Equity has been growing by about 11% per year since 2018. The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 10-03-1972 Normal situation
Activity
Manufacture of other builders' carpentry and joinery NACE 16230and 6 others
Joint committees
209 Paritair Comité voor de bedienden der metaalfabrikatennijverheid
140 Paritair Comité voor het vervoer en de logistiek
124 Paritair Comité voor het bouwbedrijf · annual accounts 2025and 1 other
Establishment units
2.006.991.069 6890 Libin, since 01-05-1972
2.145.149.555 6880 Bertrix, since 01-01-1991and 4 others
Financial year end
31 December
Peppol
Reachable since 06-10-2025

Board and ownership

Board
Auditor
Christian MISSANTE

Financial position

91 Excellent Checked score 2024
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2024
Turnover
€102.0m
▼ 6.3%
Profit
€7.0m
▲ 35.6%
Equity
€47.1m
▲ 15.4%
Total assets
€83.8m
▲ 18.0%
Employees on 31-12-2024
306
▼ 3.2%
Standalone figures, without subsidiaries
Group, consolidated 2024: turnover €128.0m, result €9.6m
Score breakdownraises riskLiquidity: current ratio 1.62, cash €6.1mSector: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)lowers riskFounded in 1972Size: 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%
Financially stronger than 69% of all companies
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 within 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).

Sector median 0.2% (5 companies, NACE 16, large)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 0.2%● unchanged vs 08-2026highest value 10-2026: 0.2%● unchanged vs 09-2026highest value 11-2026: 0.2%● unchanged vs 10-2026highest value
Credit of up to €4,250,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.92 (2.0 in 2023), above the usual 1.5. Short-term debt is 23% and cash 8.6% of total assets. 43.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (all companies). It does better than 72% of them on solvency, 74% on liquidity, 77% on profitability and 52% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.62, cash €6.1m
NBB · annual accounts
lowers risk · Founded in 1972
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: turnover €103.5m, 304 FTE, total assets €114.0m, files consolidated accounts
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)
KBO
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 filings
Deviation from the deadline
2025
23 days early
2024
31 days early
2023
23 days early
2022
57 days late
2021
45 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 5 days after the deadline. In the sector (NACE 16), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 9 July (4 of the last 5 accounts filed within 67 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Largest employer in Libinin the Checked rankings No. 1 View
  • Positive: 7 profitable years in a rowprofit 2024: €7.0m 7 years View
  • Heads a groupcompanies controlled 3 View
  • Positive: Result rose in 2024from €5.1m to €7.0m ▲ 35.6% View

Recent changes

  1. · Gazette deed Reappointment: Christian Missante (statutory auditor)
  2. · Gazette deed Appointment: Christian Missante (statutory auditor)
  3. · Gazette deed Amendment of the articles · Resignations & appointmentsReappointments: Daphnée PIERRET (director) and Arnaud PIERRET (director) · Appointments: Christian Missante (statutory auditor) and Daphnée PIERRET (chair)
All 16 events

Companies linked to PIERRET

Comparable companies

These companies have the same main activity as PIERRET: manufacture of other builders' carpentry and joinery (NACE 16230). They are comparable in size and age: total assets between €13m and €21m, founded between 1986 and 2009.

CompanyTotal assetsTurnover
PIERRET Libin€114.0m€103.5m
MICHEL de SAUVAGE Braine-l'Alleud€18.6m-
STABILAME Couvin€13.9m€14.8m
WINLOCK SYSTEMS Lokeren€13.6m€22.3m
STRUCTUREWOOD Marche-en-Famenne€21.0m€24.3m
DECOR ET JARDIN SA Herve€13.3m€22.5m
ARBONY Flémalle€16.2m€14.3m
Full comparison

Key facts about PIERRET

What is the company number of PIERRET?
The company number of PIERRET is 0412.081.734. The VAT number is the same number with BE in front: BE 0412.081.734.
Where is PIERRET based?
The registered office is at Zoning Le Cerisier,Transinne 10, 6890 Libin.Company details
What does PIERRET do?
According to the KBO register, the main activity is manufacture of other builders' carpentry and joinery (NACE 16230).
What is the legal form of PIERRET?
The legal form of PIERRET is Public limited company (NV).
When was PIERRET founded?
PIERRET was founded on 10-03-1972.
Is PIERRET still active?
Yes, PIERRET is an active enterprise in the KBO register.
How many employees does PIERRET have?
PIERRET had an average of 307.9 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
Which joint committee does PIERRET fall under?
In its 2025 annual accounts, PIERRET states joint committees 209 (Paritair Comité voor de bedienden der metaalfabrikatennijverheid), 140 (Paritair Comité voor het vervoer en de logistiek), 124 (Paritair Comité voor het bouwbedrijf) and 111 (Paritair Comité voor de metaal-, machine- en elektrische bouw).
What is the turnover of PIERRET?
The turnover of PIERRET was €102.0m in financial year 2024, according to the filed annual accounts.
Is PIERRET profitable?
In financial year 2024, PIERRET made a profit of €7.0m.
Where can I find the annual accounts of PIERRET?
PIERRET filed 72 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PIERRET due?
PIERRET must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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