ACTIVE

AUTONOOM GEMEENTEBEDRIJF ELEKTRICITEITSNET IZEGEM

Financial year 2025 · Closed on 31/12/2025

Net result-402,7 k €-843,2 %over 1 year
Gross margin2,3 M €+13,4 %over 1 year
Equity20,4 M €-2,0 %over 1 year

Identity

Source · BCE/KBO

AUTONOOM GEMEENTEBEDRIJF ELEKTRICITEITSNET IZEGEM is a Autonomous municipal company incorporated in 1954. Its main activity is: Production of electricity. Its registered office is in Izegem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0207.559.115
Incorporation
17/05/1954
Legal form
Autonomous municipal company
Registered office
Prins Albertlaan 3
8870 Izegem · FlandreSee on map
Contributed capital
20 048 048,64 €
Latest accounts
31/12/2025
Signals
Solid equityPositive cashflowPositive EBITDA

Financials

Source · NBB, 11 filings

Trend over 11 financial years

20252024202320222021
Income statement
Gross margin2,3 M €2,1 M €1,9 M €2 M €2 M €
EBITDA2,2 M €2 M €1,8 M €1,9 M €1,9 M €
Operating result-12,9 k €508,9 k €552,8 k €564,5 k €864 k €
Net result-402,7 k €54,2 k €466,9 k €456,5 k €749 k €
Balance sheet
Equity20,4 M €20,8 M €20,8 M €20,8 M €20,8 M €
Total assets37,6 M €36 M €33,4 M €32,3 M €28 M €
Cash189 k €10,1 k €4,3 k €55 k €884,1 k €
Debts17,2 M €15,2 M €12,7 M €11,5 M €7,3 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

9 active · 37 ended

Active mandates

Laura Vandamme

Director · since 07 octobre 2025

Active
Cinthy Defour

Director · since 24 février 2025

Active
Fien Claeys

Director · since 24 février 2025

Active
Filip Buyse

Director · since 24 février 2025

Active
Hannes Vanderstraeten

Director · since 24 février 2025

Active
Nigel Casier

Director · since 24 février 2025

Active
Ronny Mistiaen

Director · since 24 février 2025

Active
Sam Weyts

Director · since 24 février 2025

Active
Caroline Maertens

Director · since 04 février 2013

Active

Ended mandates

Inge SIX

Director · since 23 février 2016

Ended
Ann VAN ESSCHE

Director

Ended
Arne ALLOSSERIE

Director

Ended
Caroline MAERTENS

Director

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 date02/07/202626/03/202626/03/202626/03/202626/03/202615/07/2024
General meeting22/06/202623/02/202623/02/202623/02/202623/02/202622/04/2024
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, 11 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202522/06/202602/07/2026DutchPDF
Abridged model31/12/202423/02/202626/03/2026DutchPDF
Abridged model31/12/202323/02/202626/03/2026DutchPDF
Abridged model31/12/202223/02/202626/03/2026DutchPDF
Abridged model31/12/202123/02/202626/03/2026DutchPDF
Abridged model31/12/202022/04/202415/07/2024DutchPDF
Abridged model31/12/201802/07/201908/07/2019DutchPDF
Abridged model31/12/201726/06/201804/07/2018DutchPDF
Abridged model31/12/201627/06/201710/07/2017DutchPDF
Abridged model31/12/201505/07/201611/07/2016DutchPDF
Abridged model31/12/201415/12/201516/12/2015DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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

9 active · 37 ended

Active mandates

Laura Vandamme

Director · since 07 octobre 2025

Active
Cinthy Defour

Director · since 24 février 2025

Active
Fien Claeys

Director · since 24 février 2025

Active
Filip Buyse

Director · since 24 février 2025

Active
Hannes Vanderstraeten

Director · since 24 février 2025

Active
Nigel Casier

Director · since 24 février 2025

Active
Ronny Mistiaen

Director · since 24 février 2025

Active
Sam Weyts

Director · since 24 février 2025

Active
Caroline Maertens

Director · since 04 février 2013

Active

Ended mandates

Inge SIX

Director · since 23 février 2016

Ended
Ann VAN ESSCHE

Director

Ended
Arne ALLOSSERIE

Director

Ended
Caroline MAERTENS

Director

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring26/01/2012
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring23/11/2011
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    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 2025-402,7 k €↓
  2. 2024
    Annual accounts 202454,2 k €↓
  3. 2023
    Annual accounts 2023466,9 k €↑
  4. 2022
    Annual accounts 2022456,5 k €↓
  5. 2021
    Annual accounts 2021749 k €↓
  6. 2020
    Annual accounts 20201 M €↑
  7. 2018
    Annual accounts 2018694,7 k €↓
  8. 2017
    Annual accounts 2017848,2 k €↑
  9. 2016
    Annual accounts 2016455,9 k €↓
  10. 2015
    Annual accounts 20152 M €↑
  11. 2014
    Annual accounts 2014803,1 k €
  12. 17/05/1954
    IncorporationAutonomous municipal company