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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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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
FIBO from Malmedy, company number BE0451844806, closed financial year 2025 with a result of € 2.7 million after tax. For that financial year FIBO recorded a gross margin of € 1.3 million and equity of € 9.4 million. Compared with financial year 2024, the result moved from € 730,946 to € 2.7 million. 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 July 7, 2026.
€ 9.4 million
▲ 34% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.7 million
▲ 269% vs 2024
Profit after tax over the fiscal year.
€ 793,516
▲ € 628,336 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 300,000 paid out
11 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
5.3
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 501,026
▲ 7% vs 2024
€ 94,500 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.
€ 28,108
▼ 42% vs 2024
Of which on lease € 28,108.
Debts at end 2025
€ 3.1 million
▼ 19% vs 2024
€ 648,145 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 51,523
▼ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 181,262
▲ 25% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 941,312 | € 1,298,701 | € 1,322,254 | € 1,280,641 | ▼ 3% |
| Profit after taxes | € 658,148 | € 932,074 | € 730,946 | € 2,696,873 | ▲ 269% |
| Equity | € 5,884,116 | € 6,516,191 | € 7,017,136 | € 9,414,009 | ▲ 34% |
| Total debts | € 6,240,502 | € 5,824,719 | € 5,202,797 | € 3,766,053 | ▼ 28% |
| Cash | € 387,207 | € 302,347 | € 165,179 | € 793,516 | ▲ € 628,336 |
| Land & buildings | € 1,007,856 | € 986,932 | € 1,016,008 | € 995,084 | ▼ 2% |
| Retained profit | € 5,334,116 | € 5,966,191 | € 6,467,136 | € 8,864,009 | ▲ 37% |
| Dividend | € 300,000 | € 300,000 | € 230,000 | € 300,000 | ▲ 30% |
| Bank debt | € 5,229,476 | € 4,527,001 | € 3,822,410 | € 3,090,501 | ▼ 19% |
| Balance sheet total | € 12,393,410 | € 12,595,055 | € 12,459,433 | € 13,180,062 | ▲ 6% |
| Employees (FTE) | 5.8 | 5.8 | 5.4 | 5.3 | ▼ 0.1 |
Key figures of FIBO, 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 FIBO?
What happened at FIBO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2.7 million (▲ 269% vs 2024). Source: NBB ↗
- MA CAMPAGNE GESTION SPRL SPRL became a director. NBB
- Jean-Marie BODARWE became a director. NBB
- New establishment in Malmedy. KBO
- Start of the company according to the CBE. KBO
In short
From € 658,148 profit in 2022 to € 2.7 million profit in 2025.
Paid € 189,390 in corporate taxes since 2022.
Best year ever: 2025, with € 2.7 million profit.
On average € 241,600 of value added per employee in 2025.
Management
Behind FIBO are MA CAMPAGNE GESTION SPRL SPRL and Jean-Marie BODARWE. It owns 100% of GOVEMA SRL, 100% of RACE WORLD HOLDING SA, 99.9% of BODARWE CARRIERES SA, 99.6% of BODARWE IMMO SA, 96% of BORETA SA and 90% of TRANSPORTS BODARWE MALMEDY SA itself.
Directors
According to the 2025 annual accounts
Director · represented by Michel BODARWE
Also active at: TRANSPORTS BODARWE MALMEDY
since 2003
Jean-Marie BODARWE
Director
Also active at: Boreta, BODARWE CARRIERES, REWA-BETON, PROBEMAL, PIERRE DE WAIMES, BODARWE IMMO, GOVEMA, TRANSPORTS BODARWE MALMEDY
since 1997
Establishments
Establishment units
Physical locations of this company
Baugnez-Route de Luxembourg 16
4960 Malmedy
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
€ 13,774 gross margin · 2025
BODARWE CARRIERES same network
€ 1.9 million gross margin · 2025
PROBEMAL same network
€ 1.5 million gross margin · 2025
PIERRE DE WAIMES same network
€ 269,828 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
- 0451.844.806
- VAT number
- BE 0451.844.806
- Registered office
- Baugnez-Route de Luxembourg 16, 4960 Malmedy
- Names & denominations
- FIBO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 1993
- Peppol
- Active · Active since 22 Oct 2025
- Activities · NACE
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