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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
111 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
FIBELVO from Aalter, company number BE0886756182, closed financial year 2025 with a result of € -205,811 after tax. For that financial year FIBELVO recorded a gross margin of € 536,134 and equity of € -908,912. Compared with financial year 2024, the result moved from € -182,670 to € -205,811. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 19, 2026.
€ -908,912
▼ € 205,811 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -205,811
▼ 13 % more loss than in 2024
Profit after tax over the fiscal year.
€ 28,795
▼ 38% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -970,912.
People and assets in 2025
12.2
▼ 7.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 424,540
▼ 46% vs 2024
€ 34,800 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.
€ 4,696
▼ 79% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 675,965
▼ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 139,975
▼ 28% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 934,190 | € 1,629,342 | € 977,642 | € 536,134 | ▼ 45% |
| Profit after taxes | € -232,081 | € 344,585 | € -182,670 | € -205,811 | ▼ € 23,142 |
| Equity | € -865,016 | € -520,431 | € -703,101 | € -908,912 | ▼ € 205,811 |
| Total debts | € 2,788,235 | € 2,810,563 | € 2,318,457 | € 2,111,240 | ▼ 9% |
| Cash | € 97,923 | € 127,220 | € 46,771 | € 28,795 | ▼ 38% |
| Land & buildings | € 1,266,191 | € 1,134,271 | € 966,941 | € 799,611 | ▼ 17% |
| Retained profit | € -927,016 | € -582,431 | € -765,101 | € -970,912 | ▼ € 205,811 |
| Balance sheet total | € 1,923,218 | € 2,290,131 | € 1,615,356 | € 1,202,327 | ▼ 26% |
| Employees (FTE) | 22.4 | 18.4 | 19.3 | 12.2 | ▼ 7.1 |
Key figures of FIBELVO, 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 FIBELVO?
What happened at FIBELVO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 205,811. Source: NBB ↗
- New establishment in Zulte. KBO
- Meat Invest International Comm.V became a director. NBB
- New establishment in Dendermonde. KBO
- Start of the company according to the CBE. KBO
In short
From € 232,081 loss in 2022 to € 205,811 loss in 2025.
Paid € 64,352 in corporate taxes since 2022.
Best year ever: 2023, with € 344,585 profit.
On average € 43,900 of value added per employee in 2025.
Management
Behind FIBELVO is Meat Invest International Comm.V. Meat Invest International Comm.V is also behind VLEMINOV, FOOD SERVICE, ALVOS, CHADE and LIKO.
Directors
According to the 2025 annual accounts
Meat Invest International Comm.V
Director · represented by Geert Ally
Also active at: VLEMINOV, FOOD SERVICE, ALVOS, CHADE, LIKO, KDZ PROJECTS, MOERBEKE RETAIL, SINT-NIKLAAS RETAIL +115 more
since 2020
Establishments
Establishment units
Physical locations of this company
Groendreef 10
9880 Aalter
Heirbaan (STG) 116A
9200 Dendermonde
Active since 4 June 2009
Grote Steenweg 190
9870 Zulte
Active since 23 October 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 111 companies are registered at this address.
All companies at this address →VLEMINOV same network
€ 800,434 gross margin · 2025
FOOD SERVICE same network
€ 443,214 gross margin · 2025
ALVOS same network
€ 779,421 gross margin · 2025
LIKO same network
€ 553,402 gross margin · 2025
KDZ PROJECTS same network
€ 444,927 gross margin · 2025
+106 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
- 0886.756.182
- VAT number
- BE 0886.756.182
- Registered office
- Groendreef 10, 9880 Aalter
- Names & denominations
- FIBELVO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 January 2007
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Detailhandel in vlees en vleesproducten, muv vlees van wild en van gevogelte
Detailhandel in vlees en vleeswaren
Overige niet-gespecialiseerde detailhandel
Detailhandel in vlees van wild en van gevogelte
Detailhandel via postorderbedrijven of via internet