ACTIVE

Intercommunale de Distribution d'Eau de Nandrin - Tinlot et Environs

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Financial year 2025 · Closed on 31/12/2025

Net result42,1 k €+113,9 %over 1 year
Revenue1,1 M €+21,8 %over 1 year
Equity2 M €+1,6 %over 1 year
Workforce5,0 ETP-3,8 %over 1 year

Identity

Source · BCE/KBO

Intercommunale de Distribution d'Eau de Nandrin - Tinlot et Environs is a Cooperative society governed by public law incorporated in 1947. Its main activity is: Water collection, treatment and supply. Its registered office is in Nandrin. It employs on average 5,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0203.989.614
Incorporation
29/08/1947
Legal form
Cooperative society governed by public law
Registered office
Route du Condroz 319
4550 Nandrin · WallonieSee on map
Contributed capital
435 067,00 €
Latest accounts
31/12/2025
Average workforce
5,0 ETP
Contacts
3 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 45 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue1,1 M €884,9 k €946 k €896,5 k €819,3 k €
EBITDA150,9 k €-190 k €-126,9 k €21,3 k €48,2 k €
Operating result4,7 k €-345,4 k €-301,8 k €-128,2 k €-5,4 k €
Net result42,1 k €-303,1 k €-260,4 k €-92,9 k €28,1 k €
Balance sheet
Equity2 M €2 M €2,3 M €2,6 M €2,7 M €
Total assets2,7 M €2,6 M €3 M €3,1 M €3,1 M €
Cash275,4 k €128,5 k €181,2 k €108,5 k €254 k €
Debts624,2 k €581,6 k €619,6 k €430,2 k €346,3 k €
Other
Workforce5,0 ETP5,2 ETP11,1 ETP7,5 ETP7,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

8 active · 92 ended

Active mandates

Bruno DAL MOLIN

Mandate

Active
Eric COP

Mandate

Active
Gregory RACELLE

Mandate

Active
Isabelle LEJEUNE

Mandate

Active
MALORY PLANCHAR

Mandate

Active
Michel LEMMENS

Mandate

Active
ROMAIN PHILIPPOT

Mandate

Active
Sébastien HERBIET

Mandate

Active

Ended mandates

BRUNO DAL MOLIN

Director · since 28 juin 2019

Ended
DANIEL POLLAIN

Director · since 28 juin 2019

Ended
ERIC COP

Chairman of the board of directors · since 28 juin 2019

Ended
GREGORY RACELLE

Vice-chairman of the board of directors · since 28 juin 2019

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date30/06/202623/07/202508/07/202419/07/202312/07/202205/11/2021
General meeting29/06/202630/06/202526/06/202428/06/202329/06/202229/06/2021
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, 45 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/06/202630/06/2026FrenchPDF
Abridged model31/12/202430/06/202523/07/2025FrenchPDF
Abridged model31/12/202326/06/202408/07/2024FrenchPDF
Abridged model31/12/202228/06/202319/07/2023FrenchPDF
Abridged model31/12/202129/06/202212/07/2022FrenchPDF
Abridged modelCorrection31/12/202029/06/202105/11/2021FrenchPDF
Abridged model31/12/202029/06/202113/07/2021FrenchPDF
Abridged model31/12/201915/09/202017/09/2020FrenchPDF
Abridged model31/12/201828/06/201917/07/2019FrenchPDF
Abridged modelCorrection31/12/201725/06/201805/09/2018FrenchPDF
Abridged model31/12/201725/06/201813/07/2018FrenchPDF
Abridged model31/12/201627/06/201707/07/2017FrenchPDF
Abridged model31/12/201527/06/201619/07/2016FrenchPDF
Abridged model31/12/201429/06/201528/07/2015FrenchPDF
Abridged model31/12/201323/06/201407/07/2014FrenchPDF
Abridged model31/12/201226/06/201311/07/2013FrenchPDF
Abridged model31/12/201127/06/201211/07/2012FrenchPDF
Abridged model31/12/201027/06/201113/07/2011FrenchPDF
Abridged model31/12/200928/06/201005/07/2010FrenchPDF
Abridged model31/12/200818/06/200923/06/2009FrenchPDF
Abridged model31/12/200718/06/200820/06/2008FrenchPDF
Abridged model31/12/200618/06/200705/07/2007FrenchPDF
Abridged model31/12/200515/06/200610/07/2006FrenchPDF
Abridged model31/12/200431/05/200506/06/2005FrenchPDF

View all 45 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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

8 active · 92 ended

Active mandates

Bruno DAL MOLIN

Mandate

Active
Eric COP

Mandate

Active
Gregory RACELLE

Mandate

Active
Isabelle LEJEUNE

Mandate

Active
MALORY PLANCHAR

Mandate

Active
Michel LEMMENS

Mandate

Active
ROMAIN PHILIPPOT

Mandate

Active
Sébastien HERBIET

Mandate

Active

Ended mandates

BRUNO DAL MOLIN

Director · since 28 juin 2019

Ended
DANIEL POLLAIN

Director · since 28 juin 2019

Ended
ERIC COP

Chairman of the board of directors · since 28 juin 2019

Ended
GREGORY RACELLE

Vice-chairman of the board of directors · since 28 juin 2019

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other08/01/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DIVERS - OBJET
    PDF
  • Mandates19/02/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Other26/09/2018
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates22/05/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Other22/07/2016
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates16/10/2012
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office23/07/2012
    SIEGE SOCIAL - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Other31/08/2010
    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

  1. 2025
    Annual accounts 202542,1 k €↑
  2. 2024
    Annual accounts 2024-303,1 k €↓
  3. 2023
    Annual accounts 2023-260,4 k €↓
  4. 2022
    Annual accounts 2022-92,9 k €↓
  5. 2021
    Annual accounts 202128,1 k €↑
  6. 2020
    Annual accounts 2020-13,9 k €↑
  7. 2019
    Annual accounts 2019-22,6 k €↓
  8. 2018
    Annual accounts 201846,2 k €↓
  9. 2017
    Annual accounts 201760,4 k €↓
  10. 2016
    Annual accounts 2016143,9 k €↓
  11. 2015
    Annual accounts 2015147,6 k €↑
  12. 2014
    Annual accounts 201490,1 k €↑
  13. 2013
    Annual accounts 2013-46,6 k €↓
  14. 2012
    Annual accounts 201214,3 k €↑
  15. 2011
    Annual accounts 2011-3 k €↓
  16. 2010
    Annual accounts 20108,4 k €↓
  17. 2009
    Annual accounts 200926,7 k €↑
  18. 2008
    Annual accounts 20083,5 k €↓
  19. 2007
    Annual accounts 200785,7 k €↓
  20. 2006
    Annual accounts 2006134,6 k €
  21. 29/08/1947
    IncorporationCooperative society governed by public law