ACTIVE

Association Intercommunale d'Electricité du Sud du Hainaut

Export PDF

Financial year 2025 · Closed on 31/12/2025

Net result1,2 M €+30,4 %over 1 year
Revenue21,3 M €+21,2 %over 1 year
Equity49,8 M €+1,9 %over 1 year
Workforce52,7 ETP-1,1 %over 1 year

Identity

Source · BCE/KBO

Association Intercommunale d'Electricité du Sud du Hainaut is a Cooperative society incorporated in 1925. Its main activity is: Distribution of electricity. Its registered office is in Sivry-Rance. It employs on average 52,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0201.712.587
Incorporation
28/04/1925
Legal form
Cooperative society
Registered office
Rue du Commerce 4
6470 Sivry-Rance · WallonieSee on map
Contributed capital
19 544 776,84 €
Latest accounts
31/12/2025
Average workforce
52,7 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 51 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue21,3 M €17,6 M €14,4 M €15,4 M €17,5 M €
EBITDA5,7 M €5,4 M €2,1 M €2,7 M €3,5 M €
Operating result2,4 M €2,1 M €-684,2 k €32 k €1 M €
Net result1,2 M €898,3 k €1,1 M €-331,8 k €742 k €
Balance sheet
Equity49,8 M €48,9 M €42,1 M €41 M €41,4 M €
Total assets80,3 M €81,2 M €66,5 M €60,9 M €63,7 M €
Cash3 M €4,2 M €4,1 M €1,2 M €2 M €
Debts30,1 M €31,8 M €23,6 M €17,3 M €21,2 M €
Other
Workforce52,7 ETP53,3 ETP52,2 ETP49,2 ETP50,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

11 active · 41 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
ALAIN LALMANT
Director26/06/2007 → 30/06/2031
ALAIN VANDROMME
Vice-chairman of the board of directors30/06/2025 → 30/06/2031Director03/12/2024 → 30/06/2025ended
BERNARD GOTIAUX
Director30/06/2025 → 30/06/2031
BRUNO LAMBERT
Chairman of the board of directors30/06/2025 → 30/06/2031
JACQUY COLLIN
Director27/05/2019 → 30/06/2031
JEAN FURNEMONT
Director30/06/2025 → 30/06/2031
JEHANNE DETRIXIE
Director30/06/2025 → 30/06/2031
MARTINE GENOVA
Director30/06/2025 → 30/06/2031
OLIVIER ROBIN
Director30/06/2025 → 30/06/2031
TANGUY DARDENNE
Director27/05/2019 → 30/06/2031
VINCENT DELIRE
Director08/05/2017 → 30/06/2031Vice-chairman of the board of directors08/05/2017 → 27/05/2019ended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
TRISTAN POULAIN
Director16/01/2025 → 30/06/2025
DENIS DANVOYE
Chairman of the board of directors03/12/2024 → 30/06/2025
GEORGETTE GUIOT
Director22/03/2022 → 20/09/2022
EDDY BAYARD
Director13/10/2020 → 26/11/2024

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date20/08/202615/07/202516/07/202406/07/202319/07/202216/07/2021
General meeting23/06/202630/06/202527/06/202427/06/202327/06/202221/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 51 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202523/06/202620/08/2026FrenchPDF
Full model31/12/202430/06/202515/07/2025FrenchPDF
Full model31/12/202327/06/202416/07/2024FrenchPDF
Full model31/12/202227/06/202306/07/2023FrenchPDF
Full model31/12/202127/06/202219/07/2022FrenchPDF
Full model31/12/202021/06/202116/07/2021FrenchPDF
Full model31/12/201922/09/202030/09/2020FrenchPDF
Full model31/12/201827/05/201919/06/2019FrenchPDF
Full modelCorrection31/12/201728/06/201805/09/2018FrenchPDF
Full model31/12/201728/06/201816/07/2018FrenchPDF
Full modelCorrection31/12/201627/06/201713/07/2017FrenchPDF
Full model31/12/201627/06/201729/06/2017FrenchPDF
Full model31/12/201527/06/201629/06/2016FrenchPDF
Full model31/12/201423/06/201530/07/2015FrenchPDF
Full model31/12/201327/06/201402/07/2014FrenchPDF
Full model31/12/201224/06/201327/06/2013FrenchPDF
Full model31/12/201114/06/201227/06/2012FrenchPDF
Full model31/12/201021/06/201129/06/2011FrenchPDF
Full model31/12/200924/06/201008/07/2010FrenchPDF
Full model31/12/200829/06/200901/07/2009FrenchPDF
Full model31/12/200725/06/200830/06/2008FrenchPDF
Full model31/12/200626/06/200725/07/2007FrenchPDF
Full model31/12/200520/06/200614/07/2006FrenchPDF
Full model31/12/200409/06/200507/07/2005FrenchPDF
Full model31/12/200315/06/200430/06/2004FrenchPDF
Full model31/12/200210/06/200308/07/2003FrenchPDF
Full model31/12/200121/05/200219/06/2002FrenchPDF
Full model31/12/200021/06/200110/07/2001FrenchPDF
Full model31/12/199923/05/200020/06/2000FrenchPDF
Full model31/12/199811/05/199911/06/1999FrenchPDF
Full model31/12/199712/05/199815/06/1998French—
Full model31/12/199613/05/199724/06/1997French—
Full model31/12/199514/05/199613/06/1996French—
Full model31/12/199425/04/199523/05/1995French—
Full model31/12/199310/05/199410/06/1994French—
Full model31/12/199211/05/199309/06/1993French—
m930-p31/12/199112/05/199204/06/1992French—
m930-p31/12/199014/05/199119/06/1991French—
m930-p31/12/198908/05/199023/05/1990French—
m930-p31/12/198809/05/198922/06/1989French—
m930-p31/12/198710/05/198815/06/1988French—
m930-p31/12/198612/05/198723/06/1987French—
m930-p31/12/198513/05/198612/06/1986French—
m930-p31/12/198414/05/198506/06/1985English—
m903-p31/12/198308/05/198411/04/1985English—
m903-p31/12/198210/05/198311/04/1985English—
m903-p31/12/198111/05/198211/04/1985English—
m903-p31/12/198001/01/999911/04/1985English—
m903-p31/12/197901/01/999911/04/1985English—
m903-p31/12/197801/01/999911/04/1985English—
m903-p31/12/197701/01/999930/04/1979English—

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 · 41 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
ALAIN LALMANT
Director26/06/2007 → 30/06/2031
ALAIN VANDROMME
Vice-chairman of the board of directors30/06/2025 → 30/06/2031Director03/12/2024 → 30/06/2025ended
BERNARD GOTIAUX
Director30/06/2025 → 30/06/2031
BRUNO LAMBERT
Chairman of the board of directors30/06/2025 → 30/06/2031
JACQUY COLLIN
Director27/05/2019 → 30/06/2031
JEAN FURNEMONT
Director30/06/2025 → 30/06/2031
JEHANNE DETRIXIE
Director30/06/2025 → 30/06/2031
MARTINE GENOVA
Director30/06/2025 → 30/06/2031
OLIVIER ROBIN
Director30/06/2025 → 30/06/2031
TANGUY DARDENNE
Director27/05/2019 → 30/06/2031
VINCENT DELIRE
Director08/05/2017 → 30/06/2031Vice-chairman of the board of directors08/05/2017 → 27/05/2019ended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
TRISTAN POULAIN
Director16/01/2025 → 30/06/2025
DENIS DANVOYE
Chairman of the board of directors03/12/2024 → 30/06/2025
GEORGETTE GUIOT
Director22/03/2022 → 20/09/2022
EDDY BAYARD
Director13/10/2020 → 26/11/2024

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates08/05/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/05/2026
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/05/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/11/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates03/10/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates24/09/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates24/09/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates24/09/2025
    DEMISSIONS, NOMINATIONS
    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
Incorporation1925
Name
Registered office
Annual accounts
Filings20 filings
Mandates
BRUNO LAMBERT
ALAIN VANDROMME
JEHANNE DETRIXIE
VINCENT DELIRE
OLIVIER ROBIN
ALAIN LALMANT
MARTINE GENOVA
BERNARD GOTIAUX
JACQUY COLLIN
TANGUY DARDENNE
JEAN FURNEMONT
TRISTAN POULAIN
and 40 more mandates
196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031
ASSOC.INTERC.ELEC/SUD HAINASSOCIATION INTERCOMMUNALE D'ELECTRICITE DU SUD DU HAINAUT
Rue du Commerce 4, 6470 Sivry-RanceGrand'Place 13, 6460 Chimay
Chairman of the board of directors
Vice-chairman of the board of directors
Director
DirectorVice-chairman of the board of directors
Director
Director
Director
Director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Rue du Commerce 4, 6470 Sivry-RanceCurrent
accounts 2024 → 2025
Accounts 2025 · 2026-00414079
Grand'Place 13, 6460 Chimay
accounts 2021 → 2023
Accounts 2023 · 2024-00255405

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Association Intercommunale d'Electricité du Sud du HainautCurrent
CBE
ASSOC.INTERC.ELEC/SUD HAIN
accounts 2024 → 2025
Accounts 2025 · 2026-00414079
ASSOCIATION INTERCOMMUNALE D'ELECTRICITE DU SUD DU HAINAUT
accounts 2021 → 2023
Accounts 2023 · 2024-00255405

Events

  1. 01/06/2026
    nominationMaxime SELVES · Directeur Général
  2. 2025
    Annual accounts 20251,2 M €↑
  3. 10/07/2025
    nominationFURNEMONT Jean · membre du Comité de rémunération
  4. 10/07/2025
    nominationCOLLIN Jacquy · membre du Comité de rémunération
  5. 10/07/2025
    nominationDETRIXHE Jehanne · membre du Comité de rémunération
  6. 10/07/2025
    nominationGOTIAUX Bernard · membre du Comité de rémunération
  7. 10/07/2025
    nominationGENOVA Martine · membre du Comité de rémunération
  8. 10/07/2025
    nominationJacquy COLLIN · membre du Comité d'Audit
  9. 10/07/2025
    nominationBernard GOTIAUX · membre du Comité d'Audit
  10. 30/06/2025
    reconductionDidier WALLEE · Directeur Général
  11. 30/06/2025
    nominationBruno LAMBERT · Président du Conseil d'Administration et Comité de Gestion
  12. 30/06/2025
    nominationAlain VANDROMME · Vice-Président
  13. 30/06/2025
    nominationBruno LAMBERT · Président du Conseil d'Administration
  14. 30/06/2025
    nominationAlain VANDROMME · Vice-Président du Conseil d'Administration
  15. 30/06/2025
    nominationLAMBERT Bruno · administrateur
  16. 30/06/2025
    nominationCOLLIN Jacquy · administrateur
  17. 30/06/2025
    nominationDELIRE Vincent · administrateur
  18. 30/06/2025
    nominationDETRIXHE Jehanne · administratrice
  19. 30/06/2025
    nominationROBIN Olivier · administrateur
  20. 30/06/2025
    nominationDARDENNE Tanguy · administrateur
  21. 30/06/2025
    nominationGOTIAUX Bernard · administrateur
  22. 30/06/2025
    nominationGENOVA Martine · administratrice
  23. 30/06/2025
    nominationLALMANT Alain · administrateur
  24. 30/06/2025
    nominationFURNEMONT Jean · administrateur
  25. 30/06/2025
    nominationVANDROMME Alain · administrateur
  26. 16/01/2025
    nominationTristan POULAIN · administrateur
  27. 01/01/2025
    nominationDGST & PARTNERS · Commissaire-Réviseur
  28. 01/01/2025
    revocationMaxime SELVES · Directeur Général
  29. 01/01/2025
    nominationMaxime SELVES · Directeur Général
  30. 01/01/2025
    nominationMaxime SELVES · Président du Comité de Direction
  31. 2024
    Annual accounts 2024898,3 k €↓
  32. 2024
    Name changeASSOC.INTERC.ELEC/SUD HAIN
  33. 17/12/2024
    nominationM. DANVOYE · Président du Conseil d'Administration
  34. 17/12/2024
    nominationDenis DANVOYE · Président du Conseil d'Administration et Comité de Gestion
  35. 04/12/2024
    nominationDenis DANVOYE · administrateur
  36. 04/12/2024
    nominationAlain VANDROMME · administrateur
  37. 18/10/2024
    nominationMaxime SELVES · Directeur Général
  38. 2023
    Annual accounts 20231,1 M €↑
  39. 21/12/2023
    reconductionWALLEE Didier · Directeur Général
  40. 2022
    Annual accounts 2022-331,8 k €↓
  41. 08/11/2022
    reconductionWALLEE Didier · Directeur Général
  42. 20/09/2022
    nominationDamien LALOYAUX · administrateur
  43. 22/03/2022
    nominationGeorgette GUIOT · administratrice
  44. 2021
    Annual accounts 2021742 k €↓
  45. 2020
    Annual accounts 20202,3 M €↑
  46. 2019
    Annual accounts 20191,1 M €↑
  47. 2018
    Annual accounts 20181,1 M €↑
  48. 2017
    Annual accounts 2017887,3 k €↓
  49. 2016
    Annual accounts 20161,8 M €↑
  50. 2015
    Annual accounts 20151,7 M €↑
  51. 2014
    Annual accounts 20141,1 M €↓
  52. 2013
    Annual accounts 20131,2 M €↓
  53. 2012
    Annual accounts 20122,2 M €↑
  54. 2011
    Annual accounts 20111,9 M €↑
  55. 2010
    Annual accounts 20101,4 M €↓
  56. 2009
    Annual accounts 20092,2 M €↑
  57. 2008
    Annual accounts 20081,8 M €↑
  58. 2007
    Annual accounts 20071,4 M €↓
  59. 2006
    Annual accounts 20064,2 M €
  60. 28/04/1925
    IncorporationCooperative society