ACTIVE

INTERCOMMUNALE D'ETUDE ET DE GESTION

Financial year 2025 · Closed on 31/12/2025

Net result4,3 M €-35,3 %over 1 year
Revenue19,7 M €-22,5 %over 1 year
Equity106,2 M €+4,1 %over 1 year
Workforce87,5 ETP+0,1 %over 1 year

Identity

Source · BCE/KBO

INTERCOMMUNALE D'ETUDE ET DE GESTION is a Cooperative society incorporated in 1986. Its main activity is: Water collection, treatment and supply. Its registered office is in Mouscron. It employs on average 87,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0229.068.864
Incorporation
11/06/1986
Legal form
Cooperative society
Registered office
Rue de la Solidarité 80
7700 Mouscron · WallonieSee on map
Contributed capital
40 695 366,48 €
Latest accounts
31/12/2025
Average workforce
87,5 ETP
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 22 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue19,7 M €25,5 M €22 M €30,3 M €19,4 M €
EBITDA4,7 M €8,2 M €5,6 M €10,2 M €5,4 M €
Operating result1,1 M €4,7 M €1,9 M €6,9 M €2,4 M €
Net result4,3 M €6,6 M €4,4 M €7,4 M €4,3 M €
Balance sheet
Equity106,2 M €102 M €94,6 M €91,1 M €83,5 M €
Total assets190,1 M €186 M €185,3 M €165,1 M €168,7 M €
Cash5,5 M €8,8 M €8,3 M €7,9 M €10,8 M €
Debts63,2 M €63,3 M €69,5 M €52,6 M €63,3 M €
Other
Workforce87,5 ETP87,4 ETP90,3 ETP91,1 ETP93,3 ETP

Board of directors

Source · NBB, accounts to 31/12/2025

17 active · 44 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Ann CLOET
Director27/02/2008 → 27/06/2031Chairman of the board of directors27/02/2008 → 2008 accountsended
Daniel SENESAEL
Director05/09/2024 → 27/06/2031
Emmanuel PROVIS
Vice-chairman of the board of directors28/06/2025 → 27/06/2031
Eric DEMARQUE
Director28/06/2025 → 27/06/2031
François MOULIGNEAU
Chairman of the board of directors05/12/2024 → 27/06/2031
Jean-François HOSTE
Director28/06/2025 → 27/06/2031
Kamel HACHMI
Director28/06/2025 → 27/06/2031
Thibault MOREL
Director28/06/2025 → 27/06/2031
Jean-Jacques PIETERS
Director05/12/2024 → 27/06/2025
Roger ROUSMANS
Director04/04/2024 → 27/06/2025
Philippe MOUTON
Director15/02/2024 → 27/06/2025
Jorj RADIKOV
Director12/10/2023 → 27/06/2025Chairman of the board of directors12/10/2023 → 2023 accountsended
David KYRIAKIDIS
Director28/06/2019 → 27/06/2025
David WERQUIN
Director28/06/2019 → 27/06/2025
Marc CASTEL
Vice-chairman of the board of directors28/06/2019 → 27/06/2025
Mathilde VANDORPE
Director28/06/2019 → 27/06/2025
Simon VARRASSE
Director28/06/2019 → 27/06/2025

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Brigitte AUBERT
Director15/02/2024 → 05/12/2024
Jorg RADIKOV
Director12/10/2023 → 2024 accounts
Aurélien BRABANT
Director28/06/2019 → 2024 accounts

Other companies at this address

Rue de la Solidarité 80 7700 Mouscron
CompanyCBE no.
0884.694.735
0884.547.156
IEGSUN● Active
1006.570.879

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 date02/07/202602/07/202503/07/202427/07/202320/07/202229/06/2021
General meeting19/06/202627/06/202528/06/202430/06/202324/06/202225/06/2021
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, 22 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202519/06/202602/07/2026FrenchPDF
Full model31/12/202427/06/202502/07/2025FrenchPDF
Full model31/12/202328/06/202403/07/2024FrenchPDF
Full model31/12/202230/06/202327/07/2023FrenchPDF
Full model31/12/202124/06/202220/07/2022FrenchPDF
Full model31/12/202025/06/202129/06/2021FrenchPDF
Full model31/12/201926/06/202030/06/2020FrenchPDF
Full model31/12/201828/06/201902/07/2019FrenchPDF
Full model31/12/201729/06/201804/07/2018FrenchPDF
Full model31/12/201630/06/201704/07/2017FrenchPDF
Full model31/12/201530/06/201630/06/2016FrenchPDF
Full model31/12/201426/06/201526/06/2015FrenchPDF
Full model31/12/201327/06/201427/06/2014FrenchPDF
Full model31/12/201227/06/201327/06/2013FrenchPDF
Full model31/12/201129/06/201213/07/2012FrenchPDF
Full modelCorrection31/12/201030/06/201109/09/2011FrenchPDF
Full model31/12/201030/06/201130/06/2011FrenchPDF
Full modelCorrection31/12/200930/06/201009/09/2011FrenchPDF
Full model31/12/200930/06/201030/06/2010FrenchPDF
Full model31/12/200830/06/200917/07/2009FrenchPDF
Full model31/12/200727/06/200830/06/2008FrenchPDF
Full model31/12/200629/06/200709/08/2007FrenchPDF

Indicative valuation

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.

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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

17 active · 44 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Ann CLOET
Director27/02/2008 → 27/06/2031Chairman of the board of directors27/02/2008 → 2008 accountsended
Daniel SENESAEL
Director05/09/2024 → 27/06/2031
Emmanuel PROVIS
Vice-chairman of the board of directors28/06/2025 → 27/06/2031
Eric DEMARQUE
Director28/06/2025 → 27/06/2031
François MOULIGNEAU
Chairman of the board of directors05/12/2024 → 27/06/2031
Jean-François HOSTE
Director28/06/2025 → 27/06/2031
Kamel HACHMI
Director28/06/2025 → 27/06/2031
Thibault MOREL
Director28/06/2025 → 27/06/2031
Jean-Jacques PIETERS
Director05/12/2024 → 27/06/2025
Roger ROUSMANS
Director04/04/2024 → 27/06/2025
Philippe MOUTON
Director15/02/2024 → 27/06/2025
Jorj RADIKOV
Director12/10/2023 → 27/06/2025Chairman of the board of directors12/10/2023 → 2023 accountsended
David KYRIAKIDIS
Director28/06/2019 → 27/06/2025
David WERQUIN
Director28/06/2019 → 27/06/2025
Marc CASTEL
Vice-chairman of the board of directors28/06/2019 → 27/06/2025
Mathilde VANDORPE
Director28/06/2019 → 27/06/2025
Simon VARRASSE
Director28/06/2019 → 27/06/2025

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Brigitte AUBERT
Director15/02/2024 → 05/12/2024
Jorg RADIKOV
Director12/10/2023 → 2024 accounts
Aurélien BRABANT
Director28/06/2019 → 2024 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates22/07/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/04/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/10/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/07/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Other13/02/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - OBJET
    PDF
  • Mandates29/07/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/09/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Other05/07/2018
    DIVERS
    PDF

Similar companies

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

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Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings19 filings
Mandates
Eric DEMARQUE
Jean-François HOSTE
Daniel SENESAEL
Ann CLOET
François MOULIGNEAU
Kamel HACHMI
Emmanuel PROVIS
Thibault MOREL
Jean-Jacques PIETERS
Roger ROUSMANS
Philippe MOUTON
Jorj RADIKOV
1986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031
INTERCOMMUNALE D'ETUDE ET DE GESTION
Rue de la Solidarité 80, 7700 Mouscron
Director
Director
Director
Director
Chairman of the board of directors
Director
Vice-chairman of the board of directors
Director
Director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Rue de la Solidarité 80, 7700 MouscronCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00250081

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
INTERCOMMUNALE D'ETUDE ET DE GESTIONCurrent
accounts 2006 → 2025
Accounts 2025 · 2026-00250081

Events

  1. 2025
    Annual accounts 20254,3 M €↓
  2. 27/06/2025
    reconductionMOULIGNEAU François · administrateur
  3. 27/06/2025
    reconductionRADIKOV Jorj · administrateur
  4. 27/06/2025
    reconductionVARRASSE Simon · administrateur
  5. 27/06/2025
    reconductionSENESAEL Daniel · administrateur
  6. 27/06/2025
    reconductionPIETERS Jean-Jacques · administrateur
  7. 27/06/2025
    nominationPROVIS Emmanuel · administrateur
  8. 27/06/2025
    nominationCLOET Ann · administrateur
  9. 27/06/2025
    nominationHACHMI Kamel · administrateur
  10. 27/06/2025
    nominationMOREL Thibault · administrateur
  11. 27/06/2025
    nominationDEMARQUE Eric · administrateur
  12. 27/06/2025
    nominationHOSTE Jean-François · administrateur
  13. 13/03/2025
    nominationMOULIGNEAU François · président du conseil d'administration
  14. 2024
    Annual accounts 20246,6 M €↑
  15. 05/12/2024
    nominationMOULIGNEAU François · administrateur
  16. 05/12/2024
    nominationPIETERS Jean-Jacques · administrateur
  17. 05/09/2024
    nominationSENESAEL Daniel · administrateur
  18. 04/04/2024
    nominationROUSMANS Roger · administrateur
  19. 15/02/2024
    nominationMOUTON Philippe · administrateur
  20. 15/02/2024
    nominationAUBERT Brigitte · administrateur
  21. 2023
    Annual accounts 20234,4 M €↓
  22. 12/10/2023
    nominationRADIKOV Jorj · administrateur
  23. 12/10/2023
    nominationRADIKOV Jorj · président du conseil d'administration
  24. 2022
    Annual accounts 20227,4 M €↑
  25. 2021
    Annual accounts 20214,3 M €↑
  26. 2020
    Annual accounts 20202,2 M €↓
  27. 2019
    Annual accounts 20195,8 M €↑
  28. 2018
    Annual accounts 20181,6 M €↓
  29. 2017
    Annual accounts 20173,3 M €↓
  30. 2015
    Annual accounts 20155,8 M €↓
  31. 2014
    Annual accounts 20148,9 M €↑
  32. 2013
    Annual accounts 20136,9 M €↓
  33. 2012
    Annual accounts 201210,1 M €↑
  34. 2011
    Annual accounts 20115,1 M €↓
  35. 2010
    Annual accounts 20105,4 M €↑
  36. 2009
    Annual accounts 2009116,4 k €↓
  37. 2008
    Annual accounts 200813,6 M €↑
  38. 2007
    Annual accounts 20071,3 M €↓
  39. 2006
    Annual accounts 20061,5 M €
  40. 11/06/1986
    IncorporationCooperative society