Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 57 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
PROBEMAL from Malmedy, company number BE0429052675, closed financial year 2025 with a result of € 5,936 after tax. For that financial year PROBEMAL recorded a gross margin of € 1.5 million and equity of € 1.7 million. Compared with financial year 2024, the result moved from € 29,826 to € 5,936. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.
€ 1.7 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,936
▼ 80% vs 2024
Profit after tax over the fiscal year.
€ 97,546
▼ 43% 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 € 1.2 million.
People and assets in 2025
17.7
▼ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1 million
▲ 3% vs 2024
€ 58,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 173,208
▼ 34% vs 2024
Of which on lease € 172,237.
Debts at end 2025
€ 2.1 million
▼ 8% vs 2024
€ 316,138 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1.2 million
▲ 70% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 100,614
▲ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,450,415 | € 1,400,672 | € 1,533,282 | € 1,544,304 | ▲ 1% |
| Profit after taxes | € 99,669 | € 57,362 | € 29,826 | € 5,936 | ▼ 80% |
| Equity | € 1,642,842 | € 1,700,205 | € 1,730,031 | € 1,735,966 | |
| Total debts | € 3,823,043 | € 4,260,252 | € 3,529,155 | € 3,874,194 | ▲ 10% |
| Cash | € 261,385 | € 384,758 | € 172,297 | € 97,546 | ▼ 43% |
| Land & buildings | € 1,083,756 | € 1,028,840 | € 1,044,908 | € 983,674 | ▼ 6% |
| Retained profit | € 1,142,842 | € 1,200,205 | € 1,230,031 | € 1,235,966 | |
| Bank debt | € 1,957,978 | € 2,668,022 | € 2,326,146 | € 2,129,402 | ▼ 8% |
| Balance sheet total | € 5,535,886 | € 5,960,457 | € 5,259,186 | € 5,610,160 | ▲ 7% |
| Employees (FTE) | 18.3 | 18.6 | 19.1 | 17.7 | ▼ 1.4 |
Key figures of PROBEMAL, 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 PROBEMAL?
What happened at PROBEMAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Michel BODARWE stepped down as director. NBB
- Jean-Marie BODARWE stepped down as director. NBB
- Nathalie KÜPPER stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 5,936 (▼ 80% vs 2024). Source: NBB ↗
- New establishment in Malmedy. KBO
- Michel BODARWE became a director. NBB
- Jean-Marie BODARWE became a director. NBB
- Nathalie KÜPPER became a director. NBB
In short
From € 99,669 profit in 2022 to € 5,936 profit in 2025.
Paid € 98,340 in corporate taxes since 2022.
Best year ever: 2022, with € 99,669 profit.
On average € 87,200 of value added per employee in 2025.
Management
The stake of BODARWE CARRIERES, Boreta comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PROBEMALThe shares are held by BODARWE CARRIERES (66.7%) and Boreta (33%).
Directors
According to the 2025 annual accounts
Michel BODARWE
Chairman of the board
Also active at: Boreta, A. DETHIER, BODARWE CARRIERES, BODARWE, SOGIMAL, PIERRE DE WAIMES, CARRIERES SCHAUSS, MATHONET +8 more
since 2022 · until 2028
Jean-Marie BODARWE
Managing director
Also active at: Boreta, BODARWE CARRIERES, REWA-BETON, PIERRE DE WAIMES, FIBO, BODARWE IMMO, GOVEMA, TRANSPORTS BODARWE MALMEDY
since 2022 · until 2028
Nathalie KÜPPER
Director
Also active at: Boreta, BODARWE CARRIERES, BODARWE, PIERRE DE WAIMES, BODARWE IMMO, TRANSPORTS BODARWE MALMEDY
since 2022 · until 2028
Shareholders
66.7%
33%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Baugnez-Route de Luxembourg 16
4960 Malmedy
Avenue du Pont de Warche -
4960 Malmedy
Active since 1 January 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →Boreta same network
€ 2.2 million gross margin · 2025
A. DETHIER same network
€ 13,774 gross margin · 2025
BODARWE CARRIERES same network
€ 1.9 million gross margin · 2025
PIERRE DE WAIMES same network
€ 269,828 gross margin · 2025
CARRIERES SCHAUSS same network
€ 12,841 gross margin · 2025
+6 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0429.052.675
- VAT number
- BE 0429.052.675
- Registered office
- Baugnez-Route de Luxembourg 16, 4960 Malmedy
- Names & denominations
- PROBEMAL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 June 1986
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
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