ACTIVE

FIBO

Export PDF

Financial year 2025 · Closed on 31/12/2025

Net result2,7 M €+269,0 %over 1 year

Gross margin1,3 M €-3,1 %over 1 year

Equity9,4 M €+34,2 %over 1 year

Workforce5,3 ETP-1,9 %over 1 year

Identity

Source · BCE/KBO

FIBO is a Private limited company incorporated in 1993. Its main activity is: Activities of holding companies. Its registered office is in Malmedy. It employs on average 5,3 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0451.844.806
Incorporation: 20/12/1993
Legal form: Private limited company
Registered office: Baugnez-Route de Luxembourg 16
4960 Malmedy · WallonieSee on map
Contributed capital: 550 000,00 €
Latest accounts: 31/12/2025
Average workforce: 5,3 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 65231Reinsurance 70200Management consultancy activities 70220Business and other management consultancy activities 74142Specialised design activities+2

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	1,3 M €	-3.1%	1,3 M €	+1.8%	1,3 M €	+38.0%	941,3 k €	+10.7%	850,2 k €
EBITDA	763 k €	-9.2%	839,9 k €	+2.2%	822 k €	+63.3%	503,3 k €	+8.3%	464,7 k €
Operating result	727,8 k €	-8.0%	791 k €	+0.9%	784,1 k €	+64.8%	475,9 k €	+8.2%	439,7 k €
Net result	2,7 M €	+269%	730,9 k €	-21.6%	932,1 k €	+41.6%	658,1 k €	-15.6%	780,1 k €
Balance sheet
Equity	9,4 M €	+34.2%	7 M €	+7.7%	6,5 M €	+10.7%	5,9 M €	+6.5%	5,5 M €
Total assets	13,2 M €	+5.8%	12,5 M €	-1.1%	12,6 M €	+1.6%	12,4 M €	-2.7%	12,7 M €
Cash	793,5 k €	+380%	165,2 k €	-45.4%	302,3 k €	-21.9%	387,2 k €	-49.8%	771 k €
Debts	3,8 M €	-27.6%	5,2 M €	-10.7%	5,8 M €	-6.7%	6,2 M €	-9.9%	6,9 M €
Other
Workforce	5,3 ETP	-1.9%	5,4 ETP	-6.9%	5,8 ETP	0.0%	5,8 ETP	+3.6%	5,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
MA CAMPAGNE GESTION0477.759.444Represented by Michel BODARWE	Directorsince 06/06/2003Manager06/06/2003 → 2015 accountsended
Jean-Marie BODARWE	Directorsince 03/06/1997Manager03/06/1997 → 2019 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Herman BODARWE	Director04/06/1999 → 06/05/2021Manager04/06/1999 → 2019 accounts
Michel BODARWE	Director20/12/1993 → 04/05/2021Manager20/12/1993 → 2019 accounts

Other companies at this address

Baugnez-Route de Luxembourg 16 4960 Malmedy

Company	CBE no.
A. DETHIER● Active	0415.035.878
AFIMAN● Active	0896.003.747
BODARWE CARRIERES● Active	0416.628.559
BODARWE IMMO● Active	0465.525.665
Boreta● Active	0402.317.495
CARRIERES SCHAUSS● Active	0445.677.881
LA BORGUEUSE HE● Active	0753.707.123
PIERRE DE WAIMES● Active	0439.273.408
PROBEMAL● Active	0429.052.675
RACE WORLD HOLDING● Active	0731.818.280
TRANSPORTS BODARWE MALMEDY● Active	0880.876.301

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	07/07/2026	12/08/2025	09/07/2024	06/06/2023	10/06/2022	21/06/2021
General meeting	05/06/2026	06/06/2025	07/06/2024	02/06/2023	03/06/2022	04/06/2021
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

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	05/06/2026	07/07/2026	French	PDF
Abridged model	31/12/2024	06/06/2025	12/08/2025	French	PDF
Abridged model	31/12/2023	07/06/2024	09/07/2024	French	PDF
Abridged model	31/12/2022	02/06/2023	06/06/2023	French	PDF
Abridged model	31/12/2021	03/06/2022	10/06/2022	French	PDF
Abridged model	31/12/2020	04/06/2021	21/06/2021	French	PDF
Abridged model	31/12/2019	05/06/2020	22/06/2020	French	PDF
Abridged model	31/12/2018	07/06/2019	12/06/2019	French	PDF
Abridged model	31/12/2017	01/06/2018	18/06/2018	French	PDF
Abridged model	31/12/2016	02/06/2017	12/06/2017	French	PDF
Abridged model	31/12/2015	03/06/2016	06/06/2016	French	PDF
Abridged model	31/12/2014	05/06/2015	12/06/2015	French	PDF
Abridged model	31/12/2013	06/06/2014	11/06/2014	French	PDF
Abridged model	31/12/2012	07/06/2013	12/06/2013	French	PDF
Abridged model	31/12/2011	01/06/2012	11/07/2012	French	PDF
Abridged model	31/12/2010	03/06/2011	08/06/2011	French	PDF
Abridged model	31/12/2009	04/06/2010	07/06/2010	French	PDF
Abridged model	31/12/2008	05/06/2009	16/07/2009	French	PDF
Abridged model	31/12/2007	06/06/2008	20/06/2008	French	PDF
Abridged model	31/12/2006	01/06/2007	03/07/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
MA CAMPAGNE GESTION0477.759.444Represented by Michel BODARWE	Directorsince 06/06/2003Manager06/06/2003 → 2015 accountsended
Jean-Marie BODARWE	Directorsince 03/06/1997Manager03/06/1997 → 2019 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Herman BODARWE	Director04/06/1999 → 06/05/2021Manager04/06/1999 → 2019 accounts
Michel BODARWE	Director20/12/1993 → 04/05/2021Manager20/12/1993 → 2019 accounts

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates11/06/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates28/05/2021
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Other08/03/2018
OBJET
PDF
Capital / shares01/08/2017
CAPITAL, ACTIONS
PDF
Capital / shares09/07/2004
ASSEMBLEE GENERALE - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates26/06/2003
DEMISSIONS, NOMINATIONS
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

MA CAMPAGNE GESTION

Jean-Marie BODARWE

Herman BODARWE

Michel BODARWE

1993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

FIBO

Baugnez-Route de Luxembourg 16, 4960 Malmedy

DirectorManager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Baugnez-Route de Luxembourg 16, 4960 MalmedyCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00263389

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
FIBOCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00263389

Events

2025
Annual accounts 20252,7 M €↑
2024
Annual accounts 2024730,9 k €↓
2023
Annual accounts 2023932,1 k €↑
2022
Annual accounts 2022658,1 k €↓
2021
Annual accounts 2021780,1 k €↑
2020
Annual accounts 2020547,7 k €↓
2019
Annual accounts 2019709 k €↑
2018
Annual accounts 2018670,2 k €↓
2017
Annual accounts 2017722,6 k €↑
2016
Annual accounts 2016717,1 k €↓
2015
Annual accounts 2015722,8 k €↑
2014
Annual accounts 2014647,8 k €↓
2013
Annual accounts 2013720,5 k €↓
2012
Annual accounts 2012918,1 k €↑
2011
Annual accounts 2011582,4 k €↑
2010
Annual accounts 2010433,2 k €↓
2009
Annual accounts 2009873,9 k €↓
2008
Annual accounts 2008929 k €↑
2007
Annual accounts 2007629,7 k €↑
2006
Annual accounts 2006465 k €
20/12/1993
IncorporationPrivate limited company

FIBO

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events