ACTIVE

ASSOCIATION INTERCOMMUNALE POUR LE DEMERGEMENT ET L'EPURATION DES COMMUNES DE LA PROVINCE DE LIEGE

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Financial year 2025 · Closed on 31/12/2025

Net result2,1 M €-4,0 %over 1 year
Revenue78,7 M €+7,4 %over 1 year
Equity140,4 M €+5,5 %over 1 year
Workforce284,4 ETP+2,2 %over 1 year

Identity

Source · BCE/KBO

ASSOCIATION INTERCOMMUNALE POUR LE DEMERGEMENT ET L'EPURATION DES COMMUNES DE LA PROVINCE DE LIEGE is a Cooperative society incorporated in 1928. Its main activity is: Sewerage. Its registered office is in Saint-Nicolas. It employs on average 284,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0203.963.680
Incorporation
26/12/1928
Legal form
Cooperative society
Registered office
Rue de la Digue 25
4420 Saint-Nicolas · WallonieSee on map
Contributed capital
92 650 067,64 €
Latest accounts
31/12/2025
Average workforce
284,4 ETP
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 50 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue78,7 M €73,3 M €82,2 M €74 M €71,7 M €
EBITDA25,5 M €25,7 M €26,2 M €23,8 M €24,1 M €
Operating result10,2 M €9,1 M €9,3 M €7,6 M €8,9 M €
Net result2,1 M €2,2 M €2,8 M €-6,3 M €-832,9 k €
Balance sheet
Equity140,4 M €133,1 M €127,3 M €121,4 M €125,1 M €
Total assets454,1 M €485,3 M €445,4 M €440,9 M €454,6 M €
Cash8,4 M €9,4 M €3,3 M €820,9 k €667,9 k €
Debts306,8 M €344,9 M €314,4 M €315,6 M €324,6 M €
Other
Workforce284,4 ETP278,4 ETP274,4 ETP276,4 ETP251,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

36 active · 261 ended

Active mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Emilie SERVAIS
Directorsince 13/10/2025
000
Patrice XHURDEBISE
Directorsince 08/09/2025
ALAIN DECERF
Directorsince 30/06/2025
00
Amandine WERY
Directorsince 30/06/2025
000
Anne LIGNOUL
Director30/06/2025 → 08/09/2025
Etienne ROBA
Directorsince 30/06/2025
000
Freddy GRIDELET
Director30/06/2025 → 08/09/2025
000
Jean-Luc NIX
Chairman of the board of directorssince 30/06/2025
00
Jean-Marc DAERDEN
Directorsince 30/06/2025
000
Loïc LEROY
Directorsince 30/06/2025
Malik BEN ACHOUR
Vice-chairman of the board of directorssince 30/06/2025
0
Mario PITZ
Directorsince 30/06/2025
000
Maxime DEGEY
Directorsince 30/06/2025
Michel PIRON
Directorsince 30/06/2025
Vincent BONHOMME
Directorsince 30/06/2025
Vinciane PIRMOLIN
Directorsince 30/06/2025
0
Ahmed RASSILI
Director01/01/2025 → 30/06/2025
00
Caroline VEYS
Directorsince 01/01/2025
Dominique LUGOWSKI
Director01/01/2025 → 30/06/2025
00
Jacques CHABOT
Director01/01/2025 → 30/06/2025
00
Jonathan GREVESSE
Director01/01/2025 → 30/06/2025
Julie CHANSON
Director01/01/2025 → 30/06/2025
00
Paul ANCION
Director01/01/2025 → 30/06/2025
00
Sophie CLAES
Directorsince 01/01/2025
Véronique BONNI
Director01/01/2025 → 30/06/2025
00
Yamina MEZIANI
Director01/01/2025 → 30/06/2025
000
Eric THOMAS
Directorsince 22/05/2023
Jean-Luc NIX
Vice-chairman of the board of directors27/06/2019 → 30/06/2025
00
Julie BENOIT
Directorsince 27/06/2019
Julie GELDOF
Director27/06/2019 → 30/06/2025
Thierry ANCION
Director27/06/2019 → 30/06/2025
Thomas CIALONE
Director03/12/2018 → 30/06/2025
Valérie HIANCE
Director03/12/2018 → 30/06/2025
000
ALAIN DECERF
Chairman of the board of directors17/06/2013 → 30/06/2025
00
Bernard ALLELYN
Directorsince 17/06/2013
000
Laura IKER
Directorsince 17/06/2013
00

Ended mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Ahmed RASSILI
Director16/12/2024 → 30/06/2025
00
Caroline VEYS
Director16/12/2024 → 30/06/2025
Dominique LUGOWSKI
Director16/12/2024 → 30/06/2025
00
Jacques CHABOT
Director16/12/2024 → 30/06/2025
00

Other companies at this address

Rue de la Digue 25 4420 Saint-Nicolas
CompanyCBE no.
Intercommunale pour l'Etude et la Construction d'Egouts dans la Région Liègeoise● Liquidation
0203.949.131
SERVICE SOCIAL DE L'A.I.D.E.● Active
0432.026.023

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 date15/07/202602/07/202504/07/202428/05/202429/06/202223/06/2021
General meeting25/06/202630/06/202524/06/202427/06/202316/06/202217/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 50 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202525/06/202615/07/2026FrenchPDF
Full model31/12/202430/06/202502/07/2025FrenchPDF
Full model31/12/202324/06/202404/07/2024FrenchPDF
Full modelCorrection31/12/202227/06/202328/05/2024FrenchPDF
Full model31/12/202227/06/202328/06/2023FrenchPDF
Full model31/12/202116/06/202229/06/2022FrenchPDF
Full model31/12/202017/06/202123/06/2021FrenchPDF
Full model31/12/201925/06/202016/07/2020FrenchPDF
Full model31/12/201827/06/201901/07/2019FrenchPDF
Full model31/12/201719/06/201811/07/2018FrenchPDF
Full model31/12/201619/06/201729/06/2017FrenchPDF
Full model31/12/201520/06/201605/07/2016FrenchPDF
Full model31/12/201415/06/201506/07/2015FrenchPDF
Full model31/12/201316/06/201419/06/2014FrenchPDF
Full model31/12/201217/06/201312/07/2013FrenchPDF
Full model31/12/201118/06/201227/06/2012FrenchPDF
Full model31/12/201020/06/201105/07/2011FrenchPDF
Full model31/12/200921/06/201030/06/2010FrenchPDF
Full model31/12/200815/06/200922/06/2009FrenchPDF
Full model31/12/200716/06/200830/06/2008FrenchPDF
Full model31/12/200618/06/200725/06/2007FrenchPDF
Full model31/12/200526/06/200619/07/2006FrenchPDF
Full model31/12/200420/06/200527/06/2005FrenchPDF
Full model31/12/200321/06/200405/07/2004FrenchPDF

View all 50 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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

36 active · 261 ended

Active mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Emilie SERVAIS
Directorsince 13/10/2025
000
Patrice XHURDEBISE
Directorsince 08/09/2025
ALAIN DECERF
Directorsince 30/06/2025
00
Amandine WERY
Directorsince 30/06/2025
000
Anne LIGNOUL
Director30/06/2025 → 08/09/2025
Etienne ROBA
Directorsince 30/06/2025
000
Freddy GRIDELET
Director30/06/2025 → 08/09/2025
000
Jean-Luc NIX
Chairman of the board of directorssince 30/06/2025
00
Jean-Marc DAERDEN
Directorsince 30/06/2025
000
Loïc LEROY
Directorsince 30/06/2025
Malik BEN ACHOUR
Vice-chairman of the board of directorssince 30/06/2025
0
Mario PITZ
Directorsince 30/06/2025
000
Maxime DEGEY
Directorsince 30/06/2025
Michel PIRON
Directorsince 30/06/2025
Vincent BONHOMME
Directorsince 30/06/2025
Vinciane PIRMOLIN
Directorsince 30/06/2025
0
Ahmed RASSILI
Director01/01/2025 → 30/06/2025
00
Caroline VEYS
Directorsince 01/01/2025
Dominique LUGOWSKI
Director01/01/2025 → 30/06/2025
00
Jacques CHABOT
Director01/01/2025 → 30/06/2025
00
Jonathan GREVESSE
Director01/01/2025 → 30/06/2025
Julie CHANSON
Director01/01/2025 → 30/06/2025
00
Paul ANCION
Director01/01/2025 → 30/06/2025
00
Sophie CLAES
Directorsince 01/01/2025
Véronique BONNI
Director01/01/2025 → 30/06/2025
00
Yamina MEZIANI
Director01/01/2025 → 30/06/2025
000
Eric THOMAS
Directorsince 22/05/2023
Jean-Luc NIX
Vice-chairman of the board of directors27/06/2019 → 30/06/2025
00
Julie BENOIT
Directorsince 27/06/2019
Julie GELDOF
Director27/06/2019 → 30/06/2025
Thierry ANCION
Director27/06/2019 → 30/06/2025
Thomas CIALONE
Director03/12/2018 → 30/06/2025
Valérie HIANCE
Director03/12/2018 → 30/06/2025
000
ALAIN DECERF
Chairman of the board of directors17/06/2013 → 30/06/2025
00
Bernard ALLELYN
Directorsince 17/06/2013
000
Laura IKER
Directorsince 17/06/2013
00

Ended mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Ahmed RASSILI
Director16/12/2024 → 30/06/2025
00
Caroline VEYS
Director16/12/2024 → 30/06/2025
Dominique LUGOWSKI
Director16/12/2024 → 30/06/2025
00
Jacques CHABOT
Director16/12/2024 → 30/06/2025
00

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates23/07/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Other01/07/2026
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - OBJET
    PDF
  • Mandates13/02/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates23/09/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates22/07/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates01/08/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/06/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/04/2023
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 20252,1 M €↓
  2. 13/10/2025
    nominationEmilie Servais · administrateur
  3. 08/09/2025
    nominationXhurdebise Patrice · administrateur
  4. 30/06/2025
    nominationBen Achour Malik · administrateur
  5. 30/06/2025
    nominationBonhomme Vincent · administrateur
  6. 30/06/2025
    nominationDecerf Alain · administrateur
  7. 30/06/2025
    nominationLeroy Loïe · administrateur
  8. 30/06/2025
    nominationPiron Michel · administrateur
  9. 30/06/2025
    nominationRoba Etienne · administrateur
  10. 30/06/2025
    nominationBenoit Julie · administrateur
  11. 30/06/2025
    nominationIker Laura · administrateur
  12. 30/06/2025
    nominationVeys Caroline · administrateur
  13. 30/06/2025
    nominationWery Amandine · administrateur
  14. 30/06/2025
    nominationAlielyn Bemard · administrateur
  15. 30/06/2025
    nominationDaerdenne Jean-Marc · administrateur
  16. 30/06/2025
    nominationThomas Eric · administrateur
  17. 30/06/2025
    nominationNix Jean-Luc · administrateur
  18. 30/06/2025
    nominationDegey Maxime · administrateur
  19. 30/06/2025
    nominationGridelet Freddy · administrateur
  20. 30/06/2025
    nominationPitz Mario · administrateur
  21. 30/06/2025
    nominationLignoul Anne · administrateur
  22. 30/06/2025
    nominationPirmolin Vinciane · administrateur
  23. 30/06/2025
    nominationSophie Claes · administrateur
  24. 2024
    Annual accounts 20242,2 M €↓
  25. 30/12/2024
    nominationVeronique Bonni · administrateur
  26. 30/12/2024
    nominationJulie Chanson · administrateur
  27. 30/12/2024
    nominationSophie Claes · administrateur
  28. 30/12/2024
    nominationYamina Meziani · administrateur
  29. 30/12/2024
    nominationCaroline VEYS · administrateur
  30. 30/12/2024
    nominationPaul Ancion · administrateur
  31. 30/12/2024
    nominationJacques Chabot · administrateur
  32. 30/12/2024
    nominationJonathan Grevesse · administrateur
  33. 30/12/2024
    nominationDominique Lugowski · administrateur
  34. 30/12/2024
    nominationAhmed Rassili · administrateur
  35. 30/12/2024
    nominationYamina Meziani · administrateur et membre du bureau exécutif
  36. 30/12/2024
    nominationCaroline VEYS · administrateur et membre du bureau exécutif
  37. 01/05/2024
    nominationFlorence Herry · Directeur Général
  38. 01/05/2024
    nominationFabrice Delfosse · Directeur Administratif et Financier
  39. 01/05/2024
    nominationBéatrice LEPORCAQ · Direction SET
  40. 2023
    Annual accounts 20232,8 M €↑
  41. 01/07/2023
    nominationNAVEZ Fréderic · Directeur Exploitation
  42. 22/05/2023
    nominationEric Thomas · administrateur
  43. 06/03/2023
    nominationEmmanuel LIBERT · administrateur
  44. 2022
    Annual accounts 2022-6,3 M €↓
  45. 16/06/2022
    nominationRewise & Partners · commissaire réviseur d'entreprises
  46. 2021
    Annual accounts 2021-832,9 k €↓
  47. 2020
    Annual accounts 2020905,8 k €↓
  48. 2019
    Annual accounts 20193,1 M €↑
  49. 2018
    Annual accounts 2018-4,1 M €↓
  50. 2017
    Annual accounts 201735,4 k €↓
  51. 2016
    Annual accounts 20161,1 M €↓
  52. 2015
    Annual accounts 20152,6 M €↑
  53. 2014
    Annual accounts 2014856,1 k €↑
  54. 2013
    Annual accounts 2013131,7 k €↓
  55. 2012
    Annual accounts 2012233,9 k €↑
  56. 2011
    Annual accounts 2011-253,5 k €↓
  57. 2010
    Annual accounts 20107,5 M €↑
  58. 2009
    Annual accounts 2009-3,5 M €↓
  59. 2008
    Annual accounts 2008514,8 k €↓
  60. 2007
    Annual accounts 20071,6 M €↑
  61. 2006
    Annual accounts 2006865,6 k €
  62. 26/12/1928
    IncorporationCooperative society