ACTIVE

I.B.V. & Cie

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Financial year 2025 · Closed on 31/12/2025

Net result14 M €+234,6 %over 1 year

Revenue259,4 M €+27,8 %over 1 year

Equity154,5 M €+9,8 %over 1 year

Workforce263,8 ETP-0,4 %over 1 year

Identity

Source · BCE/KBO

I.B.V. & Cie is a Public limited company incorporated in 1999. Its main activity is: Sawmilling and planing of wood. Its registered office is in Vielsalm. It employs on average 263,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0466.169.132
Incorporation: 14/06/1999
Legal form: Public limited company
Registered office: Rue de la Forêt 1
6690 Vielsalm · WallonieSee on map
Contributed capital: 11 220 740,00 €
Latest accounts: 31/12/2025
Average workforce: 263,8 ETP

Activities (NACE)

16100Sawmilling and planing of wood· main 16110Sawmilling and planing of wood 20101Manufacture of basic chemicals, fertilisers and nitrogen compounds, plastics and synthetic rubber in primary forms 46732Wholesale of wood, construction materials and sanitary equipment 46832Wholesale trade, except of motor vehicles and motorcycles 51531Air transport+7

Joint committees (4)

125
12502
200
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	259,4 M €	+27.8%	203 M €	-4.8%	213,3 M €	-12.1%	242,6 M €	+9.9%	220,8 M €
EBITDA	30,4 M €	+819%	3,3 M €	-77.0%	14,4 M €	-76.4%	61,1 M €	-24.6%	81 M €
Operating result	19,4 M €	+388%	-6,7 M €	-202%	6,6 M €	-88.1%	55,2 M €	-17.3%	66,8 M €
Net result	14 M €	+235%	-10,4 M €	-362%	4 M €	-90.4%	41,2 M €	-16.8%	49,5 M €
Balance sheet
Equity	154,5 M €	+9.8%	140,8 M €	-7.0%	151,4 M €	+2.4%	147,9 M €	+38.0%	107,1 M €
Total assets	305,7 M €	+4.1%	293,7 M €	-4.6%	308 M €	+19.6%	257,5 M €	+31.0%	196,6 M €
Cash	1,6 M €	+366%	346,1 k €	-68.6%	1,1 M €	+115%	512,1 k €	+213%	163,7 k €
Debts	149,5 M €	-2.1%	152,7 M €	-2.2%	156,1 M €	+42.9%	109,3 M €	+22.5%	89,2 M €
Other
Workforce	263,8 ETP	-0.4%	264,9 ETP	+0.7%	263,0 ETP	+9.9%	239,2 ETP	+2.8%	232,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Rebecca JOST	Director13/01/2025 → 30/06/2028
EIFEL - INVEST0436.506.334Represented by Joseph HAAS	Managing director01/03/2023 → 30/06/2028Director2021 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
I.B.V. & Cie0466.169.132Represented by Thierry BALOT	Director25/10/2005 → 2006 accounts
Roland JOST	Chairman of the board of directors25/10/2005 → 2006 accounts
Alain FAYMONVILLE	Director27/11/2002 → 2006 accounts
Etienne de CARTIER	Director02/07/2002 → 2006 accounts

Other companies at this address

Rue de la Forêt 1 6690 Vielsalm

Company	CBE no.
BIDI● Active	0449.667.947
J.D.A. FOREST● Active	0435.764.877
REITHO & Cie● Active	0429.441.071
Séchage de Bois des Hautes-Ardennes● Active	0427.544.326

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	22/06/2026	23/06/2025	21/06/2024	12/06/2023	27/06/2022	28/06/2021
General meeting	19/06/2026	20/06/2025	14/06/2024	09/06/2023	24/06/2022	25/06/2021
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

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	19/06/2026	22/06/2026	French	PDF
Full model	31/12/2024	20/06/2025	23/06/2025	French	PDF
Full model	31/12/2023	14/06/2024	21/06/2024	French	PDF
Full model	31/12/2022	09/06/2023	12/06/2023	French	PDF
Full model	31/12/2021	24/06/2022	27/06/2022	French	PDF
Full model	31/12/2020	25/06/2021	28/06/2021	French	PDF
Full model	31/12/2019	26/06/2020	29/06/2020	French	PDF
Full model	31/12/2018	28/06/2019	02/07/2019	French	PDF
Full model	31/12/2017	29/06/2018	02/07/2018	French	PDF
Full model	31/12/2016	30/06/2017	06/07/2017	French	PDF
Full model	31/12/2015	26/08/2016	29/08/2016	French	PDF
Full model	31/12/2014	26/06/2015	09/07/2015	French	PDF
Full model	31/12/2013	30/06/2014	11/07/2014	French	PDF
Full model	31/12/2012	28/06/2013	03/07/2013	French	PDF
Full model	31/12/2011	29/06/2012	12/07/2012	French	PDF
Full model	31/12/2010	14/10/2011	20/12/2011	French	PDF
Full model	31/12/2009	30/06/2010	12/07/2010	French	PDF
Full model	31/12/2008	29/06/2009	28/07/2009	French	PDF
Full model	31/12/2007	12/06/2008	03/10/2008	French	PDF
Full model	31/12/2006	23/05/2007	19/09/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Rebecca JOST	Director13/01/2025 → 30/06/2028
EIFEL - INVEST0436.506.334Represented by Joseph HAAS	Managing director01/03/2023 → 30/06/2028Director2021 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
I.B.V. & Cie0466.169.132Represented by Thierry BALOT	Director25/10/2005 → 2006 accounts
Roland JOST	Chairman of the board of directors25/10/2005 → 2006 accounts
Alain FAYMONVILLE	Director27/11/2002 → 2006 accounts
Etienne de CARTIER	Director02/07/2002 → 2006 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates15/04/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates11/07/2024
DEMISSIONS, NOMINATIONS
PDF
Registered office10/04/2024
SIEGE SOCIAL
PDF
Other31/05/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates19/04/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates05/11/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates19/10/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates11/10/2018
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

Rebecca JOST

EIFEL - INVEST

I.B.V. & Cie

Roland JOST

Alain FAYMONVILLE

Etienne de CARTIER

SPARAXIS

199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028

IBV & Cie SAI.B.V. et Cie ((IBV et Cie))

Rue de la Forêt 1, 6690 VielsalmZI des Hauts SArts - 4ième Avenue 66, 4040 Herstal

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue de la Forêt 1, 6690 VielsalmCurrent	accounts 2023 → 2025	Accounts 2025 · 2026-00184056
ZI des Hauts SArts - 4ième Avenue 66, 4040 Herstal	accounts 2021 → 2022	Accounts 2022 · 2023-00119349

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
I.B.V. & CieCurrent		CBE
IBV & Cie SA	accounts 2021 → 2025	Accounts 2025 · 2026-00184056
I.B.V. et Cie ((IBV et Cie))	accounts 2006 → 2020	Accounts 2020 · 2021-25600298

Events

2025
Annual accounts 202514 M €↑
13/01/2025
nominationRebecca JOST · administrateur
2024
Annual accounts 2024-10,4 M €↓
14/06/2024
reconductionSRL 3R, Leboutte & C° · Commissaire
2023
Annual accounts 20234 M €↓
01/03/2023
reconductionAlain FAYMONVILLE · administrateur
01/03/2023
reconductionPGMBH Eifel-Invest · administrateur
01/03/2023
nominationPGMBH Eifel-Invest · administrateur-délégué
2022
Annual accounts 202241,2 M €↓
2021
Annual accounts 202149,5 M €↑
2021
Name changeIBV & Cie SA
2020
Annual accounts 202022,1 M €↑
2019
Annual accounts 201920,6 M €↑
2018
Annual accounts 20185,4 M €↑
2017
Annual accounts 2017183 k €↓
2016
Annual accounts 2016423,6 k €↓
2015
Annual accounts 2015668,9 k €↓
2014
Annual accounts 20143,2 M €↑
2013
Annual accounts 2013678,5 k €↑
2012
Annual accounts 2012-3,3 M €↓
2011
Annual accounts 20113,5 M €↓
2010
Annual accounts 20108,8 M €↑
2009
Annual accounts 2009-3,8 M €↑
2008
Annual accounts 2008-8,4 M €↓
2007
Annual accounts 20075,5 M €↑
2006
Annual accounts 20065,5 k €
14/06/1999
IncorporationPublic limited company

I.B.V. & Cie

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