A French news agency reported that a boy's body was found by bathers in the water south of Porquerolles at around 5pm.
Toulon prosecutor Xavier Tarabeux told Agence France Presse (AFP): "The body matches that of the young boy who went missing on Saturday."
He said the physical appearance matched as well as the clothes.
The agency reported that the body was found by Langoustier bay to the south of the island, not far from where Pierre's bike was discovered.
More top news
Breezy with sunny spells and a few showers.
Sunny spells and scattered showers.
It looks like it could be a scene from the film 'The Hangover'. Four friends started their boozy night out in Dudley but woke up in Malaga.