ACTIVE

B.I.V.

Financial year 2025 · Closed on 31/12/2025

Net result
71,5 k €
-13,6 %over 1 year
Gross margin
282,6 k €
-6,7 %over 1 year
Equity
334,5 k €
+27,2 %over 1 year

Identity

Source · BCE/KBO

B.I.V. is a Public limited company incorporated in 1984. Its registered office is in Liège.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0425.171.982
Incorporation
19/01/1984
Legal form
Public limited company
Registered office
Bld de Froidmont 82
4020 Liège · WallonieSee on map
Contributed capital
100 000,00 €
Latest accounts
31/12/2025
Joint committees (3)
  • 100
  • 218
  • 323
Contacts
4 public details availableLog in to view
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 18 financial years

20252024202320222021
Income statement
Gross margin282,6 k €302,9 k €328,3 k €208,5 k €179,6 k €
EBITDA153,6 k €169,9 k €151,4 k €68,7 k €53,6 k €
Operating result106,2 k €123,5 k €108,1 k €20,2 k €-12,1 k €
Net result71,5 k €82,7 k €72 k €15,4 k €-15,4 k €
Balance sheet
Equity334,5 k €263 k €182,9 k €110,9 k €95,5 k €
Total assets530,1 k €561,1 k €864,3 k €736,6 k €802 k €
Cash45,5 k €114,2 k €244,6 k €223,3 k €180 k €
Debts195 k €297,5 k €678,9 k €625,1 k €705,9 k €
Other
Workforce

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 21 ended

Active mandates

Eric PENNERS

Managing director · since 17 juin 2024 · until 17 juin 2030

Active
Marc PENNERS

Director · since 17 juin 2024 · until 17 juin 2030

Active

Ended mandates

Eric PENNERS

Managing director · since 15 juin 2024 · until 15 juin 2030

Ended
Marc PENNERS

Director · since 15 juin 2024 · until 15 juin 2030

Ended
Eric PENNERS

Director · since 16 juin 2018 · until 16 juin 2024

Ended
Marc PENNERS

Managing director · since 16 juin 2018 · until 16 juin 2024

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date10/08/202630/07/202516/08/202427/06/202326/08/202207/09/2021
General meeting30/06/202616/06/202517/06/202420/06/202330/06/202216/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/06/202610/08/2026FrenchPDF
Micro model31/12/202416/06/202530/07/2025FrenchPDF
Micro model31/12/202317/06/202416/08/2024FrenchPDF
Micro model31/12/202220/06/202327/06/2023FrenchPDF
Micro model31/12/202130/06/202226/08/2022FrenchPDF
Micro model31/12/202016/06/202107/09/2021FrenchPDF
Micro model31/12/201916/06/202016/07/2020FrenchPDF
Micro model31/12/201818/06/201927/06/2019FrenchPDF
Micro model31/12/201715/06/201818/07/2018FrenchPDF
Micro model31/12/201630/06/201724/08/2017FrenchPDF
Abridged model31/12/201521/06/201614/07/2016FrenchPDF
Abridged model31/12/201416/06/201510/07/2015FrenchPDF
Abridged model31/12/201330/06/201410/07/2014FrenchPDF
Abridged model31/12/201218/06/201311/07/2013FrenchPDF
Abridged model31/12/201119/06/201217/07/2012FrenchPDF
Abridged model31/12/201021/06/201130/06/2011FrenchPDF
Abridged model31/12/200915/06/201012/07/2010FrenchPDF
Abridged model31/12/200816/06/200903/07/2009FrenchPDF
Abridged model31/12/200717/06/200824/06/2008FrenchPDF
Abridged model31/12/200619/06/200709/07/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 21 ended

Active mandates

Eric PENNERS

Managing director · since 17 juin 2024 · until 17 juin 2030

Active
Marc PENNERS

Director · since 17 juin 2024 · until 17 juin 2030

Active

Ended mandates

Eric PENNERS

Managing director · since 15 juin 2024 · until 15 juin 2030

Ended
Marc PENNERS

Director · since 15 juin 2024 · until 15 juin 2030

Ended
Eric PENNERS

Director · since 16 juin 2018 · until 16 juin 2024

Ended
Marc PENNERS

Managing director · since 16 juin 2018 · until 16 juin 2024

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates19/09/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates16/08/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/07/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares29/07/2019
    CAPITAL, ACTIONS
    PDF
  • Mandates13/07/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office08/01/2016
    SIEGE SOCIAL
    PDF
  • Capital / shares31/12/2013
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates16/07/2012
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202571,5 k €
  2. 2024
    Annual accounts 202482,7 k €
  3. 2023
    Annual accounts 202372 k €
  4. 2022
    Annual accounts 202215,4 k €
  5. 2021
    Annual accounts 2021-15,4 k €
  6. 2019
    Annual accounts 2019-61,8 k €
  7. 2018
    Annual accounts 20182,5 k €
  8. 2016
    Annual accounts 20167,7 k €
  9. 2015
    Annual accounts 2015-33,5 k €
  10. 2014
    Annual accounts 201425,1 k €
  11. 2013
    Annual accounts 201373,7 k €
  12. 2012
    Annual accounts 201243,7 k €
  13. 2011
    Annual accounts 201163,2 k €
  14. 2010
    Annual accounts 201066,8 k €
  15. 2009
    Annual accounts 200957,2 k €
  16. 2008
    Annual accounts 2008-11 k €
  17. 2007
    Annual accounts 200776,5 k €
  18. 2006
    Annual accounts 2006112,8 k €
  19. 19/01/1984
    IncorporationPublic limited company