ACTIVE

Association Intercommunale des Eaux du Condroz

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Financial year 2025 · Closed on 31/12/2025

Net result242,1 k €+193,6 %over 1 year

Gross margin5,6 M €+8,2 %over 1 year

Equity24,8 M €+1,7 %over 1 year

Workforce25,8 ETP-5,5 %over 1 year

Identity

Source · BCE/KBO

Association Intercommunale des Eaux du Condroz is a Cooperative society incorporated in 1949. Its main activity is: Water collection, treatment and supply. Its registered office is in Hamois. It employs on average 25,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0201.400.110
Incorporation: 21/04/1949
Legal form: Cooperative society
Registered office: Rue des Scyoux, Scy 20
5361 Hamois · WallonieSee on map
Contributed capital: 5 250 504,41 €
Latest accounts: 31/12/2025
Average workforce: 25,8 ETP

Activities (NACE)

36000Water collection, treatment and supply· main 36000Water collection, treatment and supply 41000Construction of buildings

Joint committees (1)

Contacts

3 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 50 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	5,6 M €	+8.2%	5,2 M €	-0.4%	5,2 M €	-5.7%	5,5 M €	+3.5%	5,3 M €
EBITDA	503 k €	+20.7%	416,9 k €	+14.6%	363,8 k €	-66.9%	1,1 M €	-6.5%	1,2 M €
Operating result	150,9 k €	+141%	-371,4 k €	-3313%	-10,9 k €	-102%	446 k €	+158%	172,6 k €
Net result	242,1 k €	+194%	-258,6 k €	-414%	82,3 k €	-81.9%	455,9 k €	+150%	182,3 k €
Balance sheet
Equity	24,8 M €	+1.7%	24,4 M €	-1.1%	24,7 M €	+0.2%	24,6 M €	+1.6%	24,2 M €
Total assets	29,9 M €	+0.9%	29,6 M €	-2.4%	30,4 M €	+0.2%	30,3 M €	+0.7%	30,1 M €
Cash	1,8 M €	-47.2%	3,4 M €	+42.7%	2,4 M €	+14.4%	2,1 M €	-9.5%	2,3 M €
Debts	1,6 M €	+4.1%	1,6 M €	-27.3%	2,2 M €	+12.6%	1,9 M €	+1.0%	1,9 M €
Other
Workforce	25,8 ETP	-5.5%	27,3 ETP	-4.5%	28,6 ETP	+10.4%	25,9 ETP	+3.6%	25,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

11 active · 60 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Alexandre BORSUS	Directorsince 21/06/2025
Anne-Sophie MONJOIE	Directorsince 21/06/2025
Annie TOURNAY	Directorsince 19/12/2024
David JADOT	Vice-chairman of the board of directorssince 19/12/2024
Frédéric DEVILLE	Directorsince 21/06/2025
Joseph JOUANT	Chairman of the board of directorssince 22/06/2019Director01/10/2011 → 25/06/2022ended
Nathalie MORNIE	Directorsince 18/12/2018
Pierre MALLIEU	Directorsince 21/06/2025
Ruddy BORSU	Directorsince 21/06/2025
Thibault RULOT	Directorsince 21/06/2025
Thibaut VANDERWAEREN	Directorsince 22/06/2019

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Eric LEJEUNE	Directorsince 19/12/2024
Jean-Marie CHEFFERT	Directorsince 19/12/2024
Lionel DEHALU	Directorsince 19/12/2024
Franck MAILLIEUX	Directorsince 25/06/2022

Other companies at this address

Rue des Scyoux, Scy 20 5361 Hamois

Company	CBE no.
ASSOCIATION INTER-COMMUNALE DES SERVICES DE DISTRIBUTION D'EAU – CONFERENCE PERMANENTE DES ACTEURS LOCAUX DE L’EAU● Active	0237.684.444

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	24/07/2026	14/07/2025	16/07/2024	21/08/2023	12/08/2022	30/09/2021
General meeting	20/06/2026	21/06/2025	22/06/2024	24/06/2023	25/06/2022	26/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 50 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	20/06/2026	24/07/2026	French	PDF
Abridged model	31/12/2024	21/06/2025	14/07/2025	French	PDF
Abridged model	31/12/2023	22/06/2024	16/07/2024	French	PDF
Abridged model	31/12/2022	24/06/2023	21/08/2023	French	PDF
Abridged model	31/12/2021	25/06/2022	12/08/2022	French	PDF
Abridged modelCorrection	31/12/2020	26/06/2021	30/09/2021	French	PDF
Abridged model	31/12/2020	26/06/2021	26/08/2021	French	PDF
Abridged model	31/12/2019	19/09/2020	31/10/2020	French	PDF
Abridged model	31/12/2018	22/06/2019	02/07/2019	French	PDF
Abridged model	31/12/2017	23/06/2018	02/07/2018	French	PDF
Abridged model	31/12/2016	24/06/2017	17/08/2017	French	PDF
Abridged model	31/12/2015	11/05/2016	19/07/2016	French	PDF
Abridged model	31/12/2014	27/06/2015	15/07/2015	French	PDF
Abridged model	31/12/2013	28/06/2014	06/08/2014	French	PDF
Abridged model	31/12/2012	29/06/2013	01/07/2013	French	PDF
Abridged model	31/12/2011	30/06/2012	11/07/2012	French	PDF
Abridged model	31/12/2010	01/10/2011	17/10/2011	French	PDF
Abridged model	31/12/2009	30/06/2010	22/07/2010	French	PDF
Abridged model	31/12/2008	20/06/2009	22/07/2009	French	PDF
Abridged model	31/12/2007	17/06/2008	18/07/2008	French	PDF
Abridged model	31/12/2006	30/06/2007	27/07/2007	French	PDF
Abridged model	31/12/2005	24/06/2006	18/07/2006	French	PDF
Abridged model	31/12/2004	25/06/2005	18/08/2005	French	PDF
Abridged model	31/12/2003	26/06/2004	05/11/2004	French	PDF
Abridged model	31/12/2002	21/06/2003	04/08/2003	French	PDF
Abridged model	31/12/2001	29/06/2002	03/02/2003	French	PDF
Abridged model	31/12/2000	30/06/2001	07/11/2001	French	PDF
Abridged model	31/12/1999	24/06/2000	09/08/2000	French	PDF
Abridged model	31/12/1998	26/06/1999	28/10/1999	French	PDF
Abridged model	31/12/1997	27/06/1998	28/10/1999	French	PDF
Abridged model	31/12/1996	28/06/1997	02/12/1997	French	—
Abridged model	31/12/1995	22/06/1996	03/09/1996	French	—
Abridged model	31/12/1994	20/05/1995	25/07/1995	French	—
Abridged model	31/12/1993	28/05/1994	28/09/1994	French	—
Abridged model	31/12/1992	08/05/1993	15/07/1993	French	—
Abridged model	31/12/1991	09/05/1992	25/06/1992	French	—
Abridged model	31/12/1990	04/05/1991	23/07/1991	French	—
Abridged model	31/12/1989	12/05/1990	14/08/1990	French	—
Abridged model	31/12/1988	06/05/1989	15/06/1989	French	—
Abridged model	31/12/1987	09/04/1988	31/05/1988	French	—
Abridged model	31/12/1986	11/04/1987	11/06/1987	French	—
m930-p	31/12/1985	12/04/1986	28/04/1986	French	—
m930-p	31/12/1984	13/04/1985	02/05/1985	English	—
m903-p	31/12/1983	14/04/1984	02/05/1984	English	—
m903-p	31/12/1982	09/04/1983	21/04/1983	English	—
m903-p	31/12/1981	12/06/1982	29/06/1982	English	—
m904-p	31/12/1980	01/01/9999	11/06/1981	English	—
m904-p	31/12/1979	01/01/9999	03/09/1980	English	—
m903-p	31/12/1978	01/01/9999	11/06/1979	English	—
m903-p	31/12/1977	01/01/9999	16/06/1978	English	—

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

11 active · 60 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Alexandre BORSUS	Directorsince 21/06/2025
Anne-Sophie MONJOIE	Directorsince 21/06/2025
Annie TOURNAY	Directorsince 19/12/2024
David JADOT	Vice-chairman of the board of directorssince 19/12/2024
Frédéric DEVILLE	Directorsince 21/06/2025
Joseph JOUANT	Chairman of the board of directorssince 22/06/2019Director01/10/2011 → 25/06/2022ended
Nathalie MORNIE	Directorsince 18/12/2018
Pierre MALLIEU	Directorsince 21/06/2025
Ruddy BORSU	Directorsince 21/06/2025
Thibault RULOT	Directorsince 21/06/2025
Thibaut VANDERWAEREN	Directorsince 22/06/2019

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Eric LEJEUNE	Directorsince 19/12/2024
Jean-Marie CHEFFERT	Directorsince 19/12/2024
Lionel DEHALU	Directorsince 19/12/2024
Franck MAILLIEUX	Directorsince 25/06/2022

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates12/05/2026
DEMISSIONS, NOMINATIONS
PDF
Other30/05/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - OBJET - ANNEE COMPTABLE
PDF
Mandates28/02/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates23/10/2019
DEMISSIONS, NOMINATIONS
PDF
Other17/09/2018
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Other18/07/2017
ANNEE COMPTABLE
PDF
Other13/05/2016
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates13/11/2013
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation1949

Name

Registered office

Annual accounts

Filings20 filings

Mandates

Alexandre BORSUS

Annie TOURNAY

Nathalie MORNIE

Anne-Sophie MONJOIE

Thibaut VANDERWAEREN

Pierre MALLIEU

Ruddy BORSU

David JADOT

Joseph JOUANT

Thibault RULOT

Frédéric DEVILLE

Eric LEJEUNE

and 50 more mandates

1966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

Association Intercommunale des Eaux du Condroz

Rue des Scyoux, Scy 20, 5361 Mohiville

Director

Vice-chairman of the board of directors

Chairman of the board of directorsDirector

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue des Scyoux, Scy 20, 5361 MohivilleCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00355915

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Association Intercommunale des Eaux du CondrozCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00355915

Events

2025
Annual accounts 2025242,1 k €↑
2024
Annual accounts 2024-258,6 k €↓
2023
Annual accounts 202382,3 k €↓
2022
Annual accounts 2022455,9 k €↑
2021
Annual accounts 2021182,3 k €↓
2020
Annual accounts 2020425,6 k €↑
2019
Annual accounts 2019-111 k €↓
2018
Annual accounts 2018280,8 k €↑
2017
Annual accounts 2017120 k €↓
2016
Annual accounts 2016408 k €↑
2015
Annual accounts 2015127,6 k €↓
2014
Annual accounts 2014336,9 k €↑
2013
Annual accounts 2013311,2 k €↑
2012
Annual accounts 2012146 k €↓
2011
Annual accounts 2011401,6 k €↑
2010
Annual accounts 2010-143,2 k €↑
2009
Annual accounts 2009-330 k €↓
2008
Annual accounts 200886,7 k €↑
2007
Annual accounts 200745,4 k €↓
2006
Annual accounts 200677,3 k €
21/04/1949
IncorporationCooperative society

Association Intercommunale des Eaux du Condroz

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events