ACTIVE

IBHive

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Financial year 2025 · closed on 30/06/2025

Net result

41 k €

-1.3% YoY

Gross margin

272,3 k €

+13.2% YoY

Equity

236,1 k €

+0.4% YoY

What does IBHive do?

IBHive is a Private limited company incorporated in 1988. Its registered office is in Herstal.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0436.115.958

Incorporation

15/12/1988

Legal form

Private limited company

Registered office

Rue d'Abhooz 27
4040 Herstal · WallonieSee on map

Contributed capital

52 299,76 €

Latest accounts

30/06/2025

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	272,3 k €	+13.2%	240,6 k €	+32.3%	181,8 k €	+53.8%	118,2 k €	+9.9%	107,6 k €	-13.3%	124,1 k €	+8.6%	114,3 k €	+4.6%	109,3 k €	+6.8%	102,4 k €	+2.2%	100,2 k €	+55.1%	64,6 k €	-35.7%	100,4 k €	+24.9%	80,4 k €	-63.4%	219,8 k €	-64.3%	615,3 k €	-10.4%	686,8 k €	+21.9%	563,7 k €	+2.3%	551 k €	+3.6%	531,7 k €
EBITDA	96,6 k €	+9.8%	88 k €	-7.9%	95,5 k €	+83.7%	52 k €	-2.6%	53,4 k €	-25.0%	71,2 k €	+17.9%	60,4 k €	+923%	-7,3 k €	-120%	37,2 k €	+45.8%	25,6 k €	+354%	-10,1 k €	-129%	35,1 k €	+357%	7,7 k €	-94.8%	149,1 k €	-34.1%	226,3 k €	+0.0%	226,2 k €	+63.6%	138,3 k €	-22.7%	179 k €	+9.7%	163,1 k €
Operating result	60,2 k €	+1.5%	59,4 k €	-16.6%	71,2 k €	+71.1%	41,6 k €	-3.3%	43 k €	-26.2%	58,3 k €	+31.7%	44,3 k €	+281%	-24,4 k €	-210%	-7,9 k €	+51.5%	-16,2 k €	+69.2%	-52,6 k €	-516%	-8,5 k €	+76.3%	-36 k €	-133%	110,7 k €	-23.5%	144,7 k €	+11.1%	130,2 k €	+169%	48,5 k €	-40.3%	81,3 k €	+19.5%	68 k €
Net result	41 k €	-1.3%	41,6 k €	-36.9%	65,9 k €	+140%	27,5 k €	-8.8%	30,1 k €	-9.5%	33,3 k €	-8.6%	36,4 k €	+239%	-26,3 k €	-1626%	1,7 k €	+115%	-11,3 k €	+73.8%	-43,2 k €	-3420%	1,3 k €	+103%	-41,6 k €	-146%	90,7 k €	+6.4%	85,3 k €	+42.7%	59,8 k €	+44.6%	41,3 k €	-28.0%	57,5 k €	+224%	17,8 k €
Balance sheet
Equity	236,1 k €	+0.4%	235,1 k €	-5.5%	248,8 k €	+36.0%	182,9 k €	+17.7%	155,4 k €	+24.0%	125,3 k €	+36.2%	92 k €	+60.4%	57,4 k €	-32.9%	85,5 k €	-9.8%	94,8 k €	-17.7%	115,2 k €	-31.2%	167,5 k €	-4.4%	175,2 k €	-22.4%	225,9 k €	-5.7%	239,6 k €	+3.8%	230,9 k €	-40.5%	388,4 k €	+9.6%	354,4 k €	+16.5%	304,2 k €
Total assets	498,2 k €	+50.9%	330,3 k €	+7.6%	307 k €	-8.1%	334,1 k €	+10.6%	302 k €	+2.0%	296,1 k €	-6.4%	316,2 k €	+6.6%	296,6 k €	-4.7%	311,2 k €	+17.3%	265,4 k €	+0.6%	263,8 k €	-37.0%	419 k €	-19.6%	521,4 k €	-12.9%	598,6 k €	-46.1%	1,1 M €	-13.1%	1,3 M €	-5.4%	1,4 M €	-0.4%	1,4 M €	+8.1%	1,3 M €
Cash	86,5 k €	-32.0%	127,3 k €	+80.4%	70,6 k €	+93.7%	36,4 k €	+545%	5,6 k €	-75.5%	23 k €	-61.4%	59,7 k €	+109%	28,6 k €	+500%	4,8 k €	+63.1%	2,9 k €	-12.4%	3,3 k €	-84.5%	21,5 k €	-90.0%	214 k €	+685%	27,3 k €	-66.1%	80,4 k €	+3.8%	77,5 k €	+74.8%	44,3 k €	-19.4%	55 k €	-51.2%	112,7 k €
Debts	254 k €	+181%	90,3 k €	+76.2%	51,2 k €	-64.7%	145,2 k €	+2.9%	141,1 k €	-17.4%	170,8 k €	-22.8%	221,2 k €	-6.3%	236,2 k €	+6.9%	221 k €	+35.0%	163,7 k €	+17.9%	138,9 k €	-43.1%	243,8 k €	-28.8%	342,4 k €	-6.8%	367,4 k €	-44.3%	659,7 k €	+1.6%	649,3 k €	+14.8%	565,7 k €	-11.3%	638,1 k €	+7.1%	595,5 k €
Other
Workforce	–		1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	-28.6%	1,4 ETP	0.0%	1,4 ETP	-6.7%	1,5 ETP	0.0%	1,5 ETP	-28.6%	2,1 ETP	-27.6%	2,9 ETP	-72.1%	10,4 ETP	-7.1%	11,2 ETP	0.0%	11,2 ETP	+40.0%	8,0 ETP	-23.8%	10,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 4 ended

Active mandates

81B Invest

Director · since 08 juillet 2022 · 0541.564.559

Represented by Bruno Alain Maggy 81B SRL représenté par ROLOUX

Active

Ended mandates

81B Invest

Director · since 08 juillet 2022 · 0541.564.559

Ended

81B Invest

Director · since 08 juillet 2022 · 0541.564.559

Ended

ALAIN FATZAUN

Manager · until 31 décembre 2006

Ended

JEAN JACOB

Manager

Ended

At this address

Other companies at this address

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Ecoplaster● Bankrupt	0866.253.055
IBGraf Business Solutions● Active	0806.286.368
J. INVEST● Active	0446.495.849
MISINVEST● Active	0537.814.916
PLUG AND GO INFO● Active	0461.161.853
Rcarré Belgique● Active	0563.404.209

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/01/2026	07/01/2025	30/01/2024	23/12/2022	28/12/2021	15/12/2020
General meeting	11/12/2025	12/12/2024	14/12/2023	08/12/2022	09/12/2021	11/12/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/06/2025	11/12/2025	28/01/2026	French	PDF
Abridged model	30/06/2024	12/12/2024	07/01/2025	French	PDF
Abridged model	30/06/2023	14/12/2023	30/01/2024	French	PDF
Abridged model	30/06/2022	08/12/2022	23/12/2022	French	PDF
Abridged model	30/06/2021	09/12/2021	28/12/2021	French	PDF
Abridged model	30/06/2020	11/12/2020	15/12/2020	French	PDF
Abridged model	30/06/2019	13/12/2019	17/12/2019	French	PDF
Abridged model	30/06/2018	14/12/2018	14/12/2018	French	PDF
Abridged model	30/06/2017	08/12/2017	15/12/2017	French	PDF
Abridged model	30/06/2016	09/12/2016	13/12/2016	French	PDF
Abridged model	30/06/2015	11/12/2015	11/12/2015	French	PDF
Abridged model	30/06/2014	12/12/2014	12/12/2014	French	PDF
Abridged model	30/06/2013	13/12/2013	19/12/2013	French	PDF
Abridged model	30/06/2012	14/12/2012	15/01/2013	French	PDF
Abridged model	30/06/2011	09/12/2011	22/12/2011	French	PDF
Abridged model	30/06/2010	21/12/2010	25/01/2011	French	PDF
Abridged model	30/06/2009	11/12/2009	07/01/2010	French	PDF
Abridged model	30/06/2008	02/12/2008	16/01/2009	French	PDF
Abridged model	30/06/2007	14/12/2007	10/01/2008	French	PDF
Abridged model	30/06/2006	14/12/2006	09/01/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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.

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 4 ended

Active mandates

81B Invest

Director · since 08 juillet 2022 · 0541.564.559

Represented by Bruno Alain Maggy 81B SRL représenté par ROLOUX

Active

Ended mandates

81B Invest

Director · since 08 juillet 2022 · 0541.564.559

Ended

81B Invest

Director · since 08 juillet 2022 · 0541.564.559

Ended

ALAIN FATZAUN

Manager · until 31 décembre 2006

Ended

JEAN JACOB

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DENOMINATION - OBJET
PDF
Mandates24/08/2022
DEMISSIONS, NOMINATIONS
PDF
Restructuring03/02/2012
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring30/08/2011
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates07/12/2009
DEMISSIONS, NOMINATIONS
PDF
Mandates04/04/2007
DEMISSIONS, NOMINATIONS
PDF
Capital / shares03/06/2003
ANNEE COMPTABLE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 202541 k €↓
2025
Name changeIB HIVE
2024
Annual accounts 202441,6 k €↓
2024
Name changeIBHive SRL
2023
Annual accounts 202365,9 k €↑
2022
Annual accounts 202227,5 k €↓
2022
Name changeIBGraf SPRL
2021
Annual accounts 202130,1 k €↓
2020
Annual accounts 202033,3 k €↓
2019
Annual accounts 201936,4 k €↑
2018
Annual accounts 2018-26,3 k €↓
2017
Annual accounts 20171,7 k €↑
2016
Annual accounts 2016-11,3 k €↑
2015
Annual accounts 2015-43,2 k €↓
2014
Annual accounts 20141,3 k €↑
2013
Annual accounts 2013-41,6 k €↓
2012
Annual accounts 201290,7 k €↑
2011
Annual accounts 201185,3 k €↑
2010
Annual accounts 201059,8 k €↑
2009
Annual accounts 200941,3 k €↓
2008
Annual accounts 200857,5 k €↑
2007
Annual accounts 200717,8 k €
15/12/1988
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

IBHive

Overview

What does IBHive do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline