Financials
Financial year 2025
CIBO from Pittem, company number BE0417697242, closed financial year 2025 with a result of € 51,782 after tax. For that financial year CIBO recorded a gross margin of € 150,977 and equity of € 576,506. Compared with financial year 2024, the result moved from € 18,532 to € 51,782. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 5, 2026.
€ 576,506
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 51,782
▲ 179% vs 2024
Profit after tax over the fiscal year.
€ 105,227
▲ 77% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -235,494.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 5,275
▼ 38% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 915,786
▼ 8% vs 2024
€ 76,178 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 11,873
▲ 86% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 194
▼ 1% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 357,960 | € 135,775 | € 142,881 | € 150,977 | ▲ 6% |
| Profit after taxes | € 71,453 | € 21,883 | € 18,532 | € 51,782 | ▲ 179% |
| Equity | € 484,310 | € 506,192 | € 524,724 | € 576,506 | ▲ 10% |
| Total debts | € 1,140,703 | € 1,109,812 | € 1,027,848 | € 927,955 | ▼ 10% |
| Cash | € 227,973 | € 95,351 | € 59,365 | € 105,227 | ▲ 77% |
| Land & buildings | € 1,011,190 | € 1,058,342 | € 1,022,547 | € 982,814 | ▼ 4% |
| Retained profit | € -327,690 | € -305,808 | € -287,276 | € -235,494 | ▲ € 51,782 |
| Bank debt | € 1,006,137 | € 1,045,327 | € 991,221 | € 915,786 | ▼ 8% |
| Balance sheet total | € 1,625,013 | € 1,616,005 | € 1,552,572 | € 1,504,461 | ▼ 3% |
Key figures of CIBO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to CIBO?
What happened at CIBO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 51,782 (▲ 179% vs 2024). Source: NBB ↗
- New establishment in Pittem. KBO
- Start of the company according to the CBE. KBO
In short
From € 71,453 profit in 2022 to € 51,782 profit in 2025.
Paid € 1,192 in corporate taxes since 2022.
Best year ever: 2022, with € 71,453 profit.
Management
The stake of DESCHEEMAEKER R. comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CIBOBehind CIBO are Leen Follens and Desfo Holding BV. The shares are held by DESCHEEMAEKER R. (100%).
Directors
According to the 2025 annual accounts
Director · represented by Dieter Descheemaeker
Also active at: DESCHEEMAEKER R., DESCHEEMAEKER D.
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vannestenstraat 2
8740 Pittem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0417.697.242
- VAT number
- BE 0417.697.242
- Registered office
- Vannestenstraat 2, 8740 Pittem
- Names & denominations
- CIBO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 September 1977
- Peppol
- Active · Active since 22 Aug 2025
- Activities · NACE
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