What does I.B.V. & Cie do?

I.B.V. & Cie is a woodworking business in Vielsalm. Public Limited, started on 14 June 1999, 2 establishments.

What is the address of I.B.V. & Cie?

The registered office of I.B.V. & Cie is located at Rue de la Forêt 1, 6690 Vielsalm.

Is I.B.V. & Cie still active?

Yes. According to the CBE (29 October 2026) I.B.V. & Cie is active, legal situation “Normale toestand”, started on 14 June 1999.

Is I.B.V. & Cie registered on Peppol?

Yes, I.B.V. & Cie is registered on the Peppol network with ID 0208:0466169132.

What is the enterprise number of I.B.V. & Cie?

The enterprise number of I.B.V. & Cie is BE0466169132.

When was I.B.V. & Cie founded?

I.B.V. & Cie was founded on 14 June 1999.

Who are the directors of I.B.V. & Cie?

According to the 2025 annual accounts, the directors of I.B.V. & Cie are: EIFEL INVEST SPRL, Rebecca JOST.

Is I.B.V. & Cie a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 14 June 1999; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account; 2 establishments in the CBE.

How much profit did I.B.V. & Cie make in 2025?

I.B.V. & Cie posted a profit after taxes of € 13,987,515 in financial year 2025.

What is the revenue of I.B.V. & Cie?

In its most recent annual accounts (2025), I.B.V. & Cie reported revenue of € 259,350,180.

How much does an employee at I.B.V. & Cie earn?

The average wage cost per full-time employee at I.B.V. & Cie was € 60,300 in 2025: staff costs of € 15.9 million for 263.8 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does I.B.V. & Cie have?

According to the 2025 annual accounts, I.B.V. & Cie has 263.8 full-time equivalents (FTE).

I.B.V. & Cie (Public Limited) - Vielsalm - BE0466169132

Dossier I.B.V. & Cie, printed on 29 October 2026 from databakkes.be/en/0466169132/i-b-v-cie. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 56 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

I.B.V. & Cie from Vielsalm, company number BE0466169132, closed financial year 2025 with a result of € 14 million after tax. For that financial year I.B.V. & Cie recorded revenue of € 259.4 million and equity of € 154.5 million. Compared with financial year 2024, the result moved from € -10.4 million to € 14 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 June 22, 2026.

What it is worth Growing

€ 154.5 million

▲ 10% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 14 million

▲ still € 10.4 million loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.6 million

▲ € 1.3 million vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 141.6 million.

People and assets in 2025

Full-time equivalents

263.8

▼ 1.1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 38.1 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 15.9 million

▲ 6% vs 2024

€ 60,300 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.

Vehicles and equipment

€ 51.9 million

▼ 6% vs 2024

Of which on lease € 50.5 million.

Debts at end 2025

Bank debt ≈ 5 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 84.5 million

▼ 10% vs 2024

€ 7.6 million is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 46.6 million

▲ 13% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 82 days on average.

Taxes and wages

€ 2.3 million

▲ 10% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 242,550,028 Revenue 2022: € 242,550,028 First fiscal year in the series	€ 213,292,507 Revenue 2023: € 213,292,507 ▼ 12% vs 2022 (€ 242,550,028) Unfavourable step	€ 202,997,190 Revenue 2024: € 202,997,190 ▼ 5% vs 2023 (€ 213,292,507) Unfavourable step	€ 259,350,180 Revenue 2025: € 259,350,180 ▲ 28% vs 2024 (€ 202,997,190) Favourable step	▲ 28%
Profit after taxes	€ 41,184,467 Profit after taxes 2022: € 41,184,467 First fiscal year in the series	€ 3,969,640 Profit after taxes 2023: € 3,969,640 ▼ 90% vs 2022 (€ 41,184,467) Unfavourable step	€ -10,391,565 Profit after taxes 2024: € -10,391,565 ▼ € 14.4 million vs 2023 (€ 3,969,640) Unfavourable step	€ 13,987,515 Profit after taxes 2025: € 13,987,515 ▲ € 24.4 million vs 2024 (€ -10,391,565) Favourable step	▲ € 24.4 million
Equity	€ 147,897,494 Equity 2022: € 147,897,494 First fiscal year in the series	€ 151,393,322 Equity 2023: € 151,393,322 ▲ 2% vs 2022 (€ 147,897,494) Favourable step	€ 140,751,923 Equity 2024: € 140,751,923 ▼ 7% vs 2023 (€ 151,393,322) Unfavourable step	€ 154,495,490 Equity 2025: € 154,495,490 ▲ 10% vs 2024 (€ 140,751,923) Favourable step	▲ 10%
Total debts	€ 109,318,717 Total debts 2022: € 109,318,717 First fiscal year in the series	€ 156,348,749 Total debts 2023: € 156,348,749 ▲ 43% vs 2022 (€ 109,318,717) Unfavourable step	€ 152,894,282 Total debts 2024: € 152,894,282 ▼ 2% vs 2023 (€ 156,348,749) Favourable step	€ 150,869,813 Total debts 2025: € 150,869,813 ▼ 1% vs 2024 (€ 152,894,282) Favourable step	▼ 1%
Cash	€ 512,128 Cash 2022: € 512,128 First fiscal year in the series	€ 1,100,333 Cash 2023: € 1,100,333 ▲ 115% vs 2022 (€ 512,128) Favourable step	€ 346,054 Cash 2024: € 346,054 ▼ 69% vs 2023 (€ 1,100,333) Unfavourable step	€ 1,611,692 Cash 2025: € 1,611,692 ▲ € 1.3 million vs 2024 (€ 346,054) Favourable step	▲ € 1.3 million
Land & buildings	€ 12,954,897 Land & buildings 2022: € 12,954,897 First fiscal year in the series	€ 28,824,519 Land & buildings 2023: € 28,824,519 ▲ 122% vs 2022 (€ 12,954,897) Unchanged	€ 11,943,512 Land & buildings 2024: € 11,943,512 ▼ 59% vs 2023 (€ 28,824,519) Unchanged	€ 11,583,492 Land & buildings 2025: € 11,583,492 ▼ 3% vs 2024 (€ 11,943,512) Unchanged	▼ 3%
Retained profit	€ 134,039,856 Retained profit 2022: € 134,039,856 First fiscal year in the series	€ 138,009,496 Retained profit 2023: € 138,009,496 ▲ 3% vs 2022 (€ 134,039,856) Favourable step	€ 127,617,931 Retained profit 2024: € 127,617,931 ▼ 8% vs 2023 (€ 138,009,496) Unfavourable step	€ 141,605,446 Retained profit 2025: € 141,605,446 ▲ 11% vs 2024 (€ 127,617,931) Favourable step	▲ 11%
Bank debt	€ 60,818,073 Bank debt 2022: € 60,818,073 First fiscal year in the series	€ 102,043,670 Bank debt 2023: € 102,043,670 ▲ 68% vs 2022 (€ 60,818,073) Unfavourable step	€ 94,250,729 Bank debt 2024: € 94,250,729 ▼ 8% vs 2023 (€ 102,043,670) Favourable step	€ 84,515,432 Bank debt 2025: € 84,515,432 ▼ 10% vs 2024 (€ 94,250,729) Favourable step	▼ 10%
Balance sheet total	€ 257,510,478 Balance sheet total 2022: € 257,510,478 First fiscal year in the series	€ 307,995,239 Balance sheet total 2023: € 307,995,239 ▲ 20% vs 2022 (€ 257,510,478) Unchanged	€ 293,679,664 Balance sheet total 2024: € 293,679,664 ▼ 5% vs 2023 (€ 307,995,239) Unchanged	€ 305,737,583 Balance sheet total 2025: € 305,737,583 ▲ 4% vs 2024 (€ 293,679,664) Unchanged	▲ 4%
Employees (FTE)	239.2 Employees (FTE) 2022: 239.2 First fiscal year in the series	263 Employees (FTE) 2023: 263 ▲ 23.8 vs 2022 (239.2) Unchanged	264.9 Employees (FTE) 2024: 264.9 ▲ 1.9 vs 2023 (263) Unchanged	263.8 Employees (FTE) 2025: 263.8 ▼ 1.1 vs 2024 (264.9) Unchanged	▼ 1.1

Key figures of I.B.V. & Cie, 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 I.B.V. & Cie?

What happened at I.B.V. & Cie in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2028 EIFEL INVEST SPRL stepped down as director. NBB
2028 Rebecca JOST stepped down as director. NBB
Jun 22, 2026 New annual accounts for financial year 2025: profit of € 14 million. Source: NBB ↗
2025 Rebecca JOST became a director. NBB
2023 EIFEL INVEST SPRL became a director. NBB
Mar 12, 2002 New establishment in Herstal. KBO
Jul 15, 1999 New establishment in Vielsalm. KBO
Jun 14, 1999 Start of the company according to the CBE. KBO

In short

From € 41.2 million profit in 2022 to € 14 million profit in 2025.

Paid € 15.8 million in corporate taxes since 2022.

Best year ever: 2022, with € 41.2 million profit.

Pays suppliers within 82 days on average.

Original PDFs at the National Bank ↗

Management

I.B.V. & Cie

SOCIETE DE SECHAGE DU BOIS DES HAUTES ARDENNES 100%

BERTEMES 100%

BIDI 100%

It owns 100% of SOCIETE DE SECHAGE DU BOIS DES HAUTES ARDENNES, 100% of BERTEMES and 100% of BIDI itself.

Directors

According to the 2025 annual accounts

EIFEL INVEST SPRL

Managing director · represented by Joseph HAAS

since 2023 · until 2028

Rebecca JOST

Director

Also active at: Supertransport, De Bock Gebroeders Transport, JOST LOGISTICS, Jost CFS & Storage, ROUTA, Transports et Travaux 's HEEREN, BERTEMES, CHARLIER LOGISTICS +11 more

since 2025 · until 2028

Establishments

Establishment units

Physical locations of this company

Registered office

Rue de la Forêt 1

6690 Vielsalm

2.091.637.526

Parc Ind. des Hauts Sarts, 4e av 66

4040 Herstal

Active since 12 March 2002

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 →

Séchage de Bois des Hautes-Ardennes same network

€ 141,576 gross margin · 2025

REITHO & Cie

€ 125,279 gross margin · 2025

J.D.A. FOREST

€ 73,424 gross margin · 2025

BIDI same network

€ -9,834 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0466.169.132

VAT number

BE 0466.169.132

Registered office

Rue de la Forêt 1, 6690 Vielsalm

Names & denominations

I.B.V. & Cie

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

14 June 1999

Peppol

Active · Active since 19 Dec 2025

Activities · NACE

Zagen en schaven van hout

Groothandel in hout

Exploitatie van bossen

Bosexploitatie

Impregneren van hout

View on CBE Public ↗ Annual accounts (NBB) ↗

I.B.V. & Cie

Warning lights

Financials

What happened to I.B.V. & Cie?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions