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

Activities (NACE)

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

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

	2025		2024		2023		2022		2021
Income statement
Revenue	1,1 M €	+21.8%	884,9 k €	-6.5%	946 k €	+5.5%	896,5 k €	+9.4%	819,3 k €
EBITDA	150,9 k €	+179%	-190 k €	-49.7%	-126,9 k €	-696%	21,3 k €	-55.9%	48,2 k €
Operating result	4,7 k €	+101%	-345,4 k €	-14.5%	-301,8 k €	-135%	-128,2 k €	-2259%	-5,4 k €
Net result	42,1 k €	+114%	-303,1 k €	-16.4%	-260,4 k €	-180%	-92,9 k €	-430%	28,1 k €
Balance sheet
Equity	2 M €	+1.6%	2 M €	-13.8%	2,3 M €	-10.2%	2,6 M €	-3.5%	2,7 M €
Total assets	2,7 M €	+1.7%	2,6 M €	-12.1%	3 M €	-2.5%	3,1 M €	-0.3%	3,1 M €
Cash	275,4 k €	+114%	128,5 k €	-29.1%	181,2 k €	+67.0%	108,5 k €	-57.3%	254 k €
Debts	624,2 k €	+7.3%	581,6 k €	-6.1%	619,6 k €	+44.0%	430,2 k €	+24.2%	346,3 k €
Other
Workforce	5,0 ETP	-3.8%	5,2 ETP	-53.2%	11,1 ETP	+48.0%	7,5 ETP	+4.2%	7,2 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 · 25 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
BRUNO DAL MOLIN	MandateDirectorsince 28/06/2019ended
ERIC COP	MandateChairman of the board of directorssince 28/06/2019endedDirector03/12/2018 → 28/06/2019ended
GREGORY RACELLE	MandateVice-chairman of the board of directorssince 28/06/2019ended
ISABELLE LEJEUNE	MandateDirectorsince 28/06/2019ended
MICHEL LEMMENS	MandateDirector04/12/2006 → 26/06/2013ended
SEBASTIEN HERBIET	Mandatesince 28/06/2019
MALORY PLANCHAR	Mandate
ROMAIN PHILIPPOT	Mandate

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
DANIEL POLLAIN	Directorsince 28/06/2019
TRISTAN FAGNOUL	Directorsince 28/06/2019
JEANNE DEFAYS	Directorsince 03/12/2018
Axel PIRE	Chairman of the board of directorssince 28/03/2017

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	30/06/2026	23/07/2025	08/07/2024	19/07/2023	12/07/2022	05/11/2021
General meeting	29/06/2026	30/06/2025	26/06/2024	28/06/2023	29/06/2022	29/06/2021
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, 45 filings

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

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 · 25 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
BRUNO DAL MOLIN	MandateDirectorsince 28/06/2019ended
ERIC COP	MandateChairman of the board of directorssince 28/06/2019endedDirector03/12/2018 → 28/06/2019ended
GREGORY RACELLE	MandateVice-chairman of the board of directorssince 28/06/2019ended
ISABELLE LEJEUNE	MandateDirectorsince 28/06/2019ended
MICHEL LEMMENS	MandateDirector04/12/2006 → 26/06/2013ended
SEBASTIEN HERBIET	Mandatesince 28/06/2019
MALORY PLANCHAR	Mandate
ROMAIN PHILIPPOT	Mandate

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
DANIEL POLLAIN	Directorsince 28/06/2019
TRISTAN FAGNOUL	Directorsince 28/06/2019
JEANNE DEFAYS	Directorsince 03/12/2018
Axel PIRE	Chairman of the board of directorssince 28/03/2017

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

Source · CBE, NBB annual accounts

Year

Identity

Incorporation1947

Name

Registered office

Annual accounts

Filings20 filings

Mandates

ISABELLE LEJEUNE

ERIC COP

MICHEL LEMMENS

TRISTAN FAGNOUL

SEBASTIEN HERBIET

BRUNO DAL MOLIN

DANIEL POLLAIN

GREGORY RACELLE

JEANNE DEFAYS

Axel PIRE

Vincent LICATA

MURIELLE BRANDT

and 18 more mandates

1966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

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

Route du Condroz 319, 4550 Nandrin

Director

Chairman of the board of directorsVice-chairman of the board of directors

Vice-chairman of the board of directorsDirector

Chairman of the board of directors

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Route du Condroz 319, 4550 NandrinCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00236620

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Intercommunale de Distribution d'Eau de Nandrin - Tinlot et EnvironsCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00236620

Events

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

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

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

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