PIERRET EXTRUSION
ActivePIERRET EXTRUSION has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12.53M and a net result of €1.01M. Equity is growing by ~6% per year across the filed fiscal years. Its solvency ranks better than 66% of 186 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-2
Solvency91=
Growth73▲+1
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €900k at 30 days acceptable
Liquidity ample (current ratio 2.91 against 2.86 in 2024; short-term debt: 19.8% and cash: 5.3% of total assets), and 33.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
66.2%
Return on assets
5.3%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 22
Relative position
BE, all sectors
reference
Sector 22
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 · 10 filingsDeviation from the deadline
2025
23 d early
2024
31 d early
2023
23 d early
2022
57 d late
2021
32 d late
2020
23 d early
2019
82 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€22.07M▲ 13.8%
2024 · €19.39M
2018: €11.72M
2019: €11.14M
2020: €12.23M
2021: €16.77M
2022: €20.03M
2023: €23.14M
2024: €19.39M
2018 → 2025
EBIT margin
5.9%▼ 0.8pp
2024 · 6.7%
2018: 8.2%
2019: 3.1%
2020: 6.6%
2021: 8.1%
2022: 2.9%
2023: -1.3%
2024: 6.7%
2018 → 2025
Net result
€1.01M▲ 1.5%
2024 · €992k
2018: €702k
2019: €273k
2020: €584k
2021: €1.07M
2022: €502k
2023: €-197k
2024: €992k
2018 → 2025
Working capital
€7.18M▲ 1.8%
2024 · €7.05M
2018: €6.47M
2019: €6.23M
2020: €6.84M
2021: €7.70M
2022: €6.86M
2023: €6.02M
2024: €7.05M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€16.77M-€20.03M▲ 19.4%€23.14M▲ 15.5%€19.39M▼ 16.2%€22.07M▲ 13.8%
Equity€10.23M-€10.73M▲ 4.9%€10.53M▼ 1.8%€11.53M▲ 9.4%€12.53M▲ 8.7%
Operating result€1.35M-€585k▼ 56.7%€-310k€1.30M€1.31M▲ 0.7%
Net result€1.07M-€502k▼ 52.9%€-197k€992k€1.01M▲ 1.5%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 1% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €18.94M
Fixed assets
€8.01M▲ 19.4%
Current assets
€10.93M▲ 0.8%
Equity and liabilities €18.94M
Equity
€12.53M▲ 8.7%
Provisions
€0▼ 100%
Debt
€6.41M▲ 8.2%
The debt ratio rises from 33.7% to 33.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€3.03M▲
2024 · €2.89M
Cash flow
€2.73M▲
2024 · €2.59M
Solvency
66.2%▲
2024 · 65.7%
Current ratio
2.91▲
2024 · 2.86
Quick ratio
1.64▼
2024 · 1.65
Debt / equity
0.51▼
2024 · 0.51
ROE
8.0%▼
2024 · 8.6%
ROA
5.3%▼
2024 · 5.7%
Interest coverage
39.00▲
2024 · 37.03
Debt
€6.41M▲
2024 · €5.92M
Debt ≤ 1 year
€3.75M▼
2024 · €3.79M
Debt > 1 year
€2.66M▲
2024 · €2.13M
Income taxes
€363k▼
2024 · €372k
Staff costs
€4.10M▲
2024 · €3.67M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€17.55M€18.94M▲
Fixed assets21/28€6.71M€8.01M▲
Tangible fixed assets22/27€6.71M€8.01M▲
Land and buildings22€561k€598k▲
Plant, machinery and equipment23€1.68M€2.13M▲
Furniture and vehicles24€5k€816▼
Leasing and similar rights25€2.47M€2.87M▲
Other tangible fixed assets26€1.98M€1.81M▼
Assets under construction and advance payments27€15k€600k▲
Financial fixed assets28€861€861=
Other financial fixed assets284/8€861€861=
Amounts receivable and cash guarantees285/8€861€861=
Current assets29/58€10.85M€10.93M▲
Stocks and contracts in progress3€4.59M€4.79M▲
Stocks30/36€4.59M€4.79M▲
Raw materials and consumables30/31€2.71M€2.41M▼
Work in progress32€1.54M€1.96M▲
Finished goods33€342k€425k▲
Amounts receivable within one year40/41€5.29M€5.12M▼
Trade receivables40€5.28M€5.12M▼
Other amounts receivable41€8k-
Cash at bank and in hand54/58€954k€999k▲
Deferred charges and accrued income490/1€16k€17k▲
Equity and liabilities
Total equity and liabilities10/49€17.55M€18.94M▲
Equity10/15€11.53M€12.53M▲
Contributions10/11€250k€250k=
Capital10€250k€250k=
Issued capital100€250k€250k=
Reserves13€2.23M€2.23M=
Non-distributable reserves130/1€25k€25k=
Legal reserve130€25k€25k=
Distributable reserves133€2.20M€2.20M=
Profit (loss) carried forward14€9.05M€10.06M▲
Provisions and deferred taxes16€106k-
Provisions for liabilities and charges160/5€106k-
Other liabilities and charges164/5€106k-
Amounts payable17/49€5.92M€6.41M▲
Amounts payable after more than one year17€2.13M€2.66M▲
Financial debts170/4€2.13M€2.66M▲
Leasing and similar obligations172€2.03M€2.34M▲
Credit institutions173€100k€314k▲
Amounts payable within one year42/48€3.79M€3.75M▼
Current portion of amounts payable after more than one year42€641k€910k▲
Trade debts44€1.35M€1.97M▲
Suppliers440/4€1.35M€1.97M▲
Taxes, remuneration and social security45€1.80M€867k▼
Taxes450/3€1.17M€275k▼
Remuneration and social security454/9€636k€592k▼
Accrued charges and deferred income492/3€2k€505▼
Income statement
Code20242025
Operating income70/76A€19.83M€22.61M▲
Turnover70€19.39M€22.07M▲
Change in stocks of work in progress, finished goods and contracts in progress71€405k€511k▲
Other operating income74€15k€27k▲
Non-recurring operating income76A€26k€769▼
Operating charges60/66A€18.54M€21.30M▲
Goods for resale, raw materials and consumables60€11.48M€13.77M▲
Purchases600/8€11.69M€13.47M▲
Change in stocks: decrease (increase)609€-207k€304k▲
Services and other goods61€1.94M€1.80M▼
Remuneration, social security and pensions62€3.67M€4.10M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.59M€1.72M▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€-158k€-106k▲
Other operating charges640/8€5k€12k▲
Non-recurring operating charges66A€29-
Operating profit (loss)9901€1.30M€1.31M▲
Financial income75/76B€155k€147k▼
Recurring financial income75€155k€147k▼
Income from current assets751€31k€24k▼
Other financial income752/9€125k€123k▼
Financial charges65/66B€87k€83k▼
Recurring financial charges65€87k€83k▼
Debt charges650€78k€78k▼
Other financial charges652/9€9k€5k▼
Profit (loss) for the period before taxes9903€1.36M€1.37M▲
Income taxes67/77€372k€363k▼
Taxes670/3€372k€365k▼
Tax adjustments and reversals of tax provisions77-€2k
Profit (loss) for the period9904€992k€1.01M▲
Profit (loss) for the period to be appropriated9905€992k€1.01M▲
Appropriation of the result
Profit (loss) to be appropriated9906€9.05M€10.06M▲
Profit (loss) brought forward from the previous period14P€8.06M€9.05M▲
Social balance
Average headcount (FTE)908763.968.2▲
The notes to these accounts (73 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €992k
Net result €992k after one loss-making year.
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-197k ▼139%
Net result drops to €-197k, the lowest in the series; recovery starts the following year.
26-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 57 days late
2022
01-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 32 days late
2021
31-12
Financial
Highest result since 2018net €1.07M ▲82.7%
Operating result €1.35M, net result €1.07M, both a record.
31-12
Financial
Equity above €10MEq €10.23M ▲11.6%
4 profitable years in a row build equity to €10.23M.
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
21-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 82 days late
2019
12-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 43 days late
2018
18-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 49 days late
2017
06-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
14 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, Libin · 4 establishment units since 2000
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Zoning Le Cerisier,Transinne 106890 LibinGround area
4.3 ha
Building footprint
1.8 ha
Volume, LiDAR
36,583 m³
4 parcels, Wallonia · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
4 establishment units
Zoning Le Cerisier,Transinne 10, 6890 Libin
since 20002.093.670.269
Rue des Prés la Mercire 3, 6880 Bertrix
since 20072.179.875.258
PIERRET EXTRUSION
since 20252.374.196.645
PIERRET EXTRUSION
since 20252.374.196.744
4 parcels
Wallonia
4
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 84009C0848/00P004 | Wallonia | 1.7 ha | 1 · 6,394 m² | - |
| 84070A0568/00G009 | Wallonia | 1.2 ha | 1 · 5,013 m² | 9.8 m · 2 fl. |
| 84009C0848/00Y004 | Wallonia | 1.1 ha | 1 · 5,100 m² | - |
| 84009C0848/00W003 | Wallonia | 2,967 m² | 1 · 1,225 m² | 5.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 3
4 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
VOXDALE
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Drukkerij-Uitgeverij Die Keure
BE 0405.108.325
Brugge · Eq €12.35M
Nervia Plastics
BE 0400.311.674
Ninove · Eq €11.38M
B.S.I.
BE 0893.134.725
Seneffe · Eq €11.30M
Gevaplast
BE 0401.073.422
Gent · Eq €11.22M
Of 371 companies in sector 22210 we hold annual accounts for 293. 110 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded12-01-2000
Fiscal year end31-12
Activities, NACEBEL
22210Manufacture of rubber and plastic products
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.