ACTIVE

Association Intercommunale Générations THIERACHE

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Financial year 2025 · closed on 31/12/2025

Net result

-838,5 k €

-786.4% YoY

Revenue

11,5 M €

+32.2% YoY

Equity

19,9 M €

-5.8% YoY

Workforce

172,6 ETP

+16.3% YoY

What does Association Intercommunale Générations THIERACHE do?

Association Intercommunale Générations THIERACHE is a Cooperative society incorporated in 2019. Its main activity is: Residential nursing care activities. Its registered office is in Chimay. It employs on average 172,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0734.919.015

Incorporation

26/09/2019

Legal form

Cooperative society

Registered office

Avenue du Châlon(CH) 2
6460 Chimay · WallonieSee on map

Contributed capital

6 383 806,00 €

Latest accounts

31/12/2025

Average workforce

172,6 ETP

Activities (NACE)

87101Residential nursing care activities· main 87101Residential nursing care activities 88911Child day-care activities 88911Child day-care activities

Contacts

1 public detail availableLog in to view

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 6 financial years

	2025		2024		2023		2022		2021		2019
Income statement
Revenue	11,5 M €	+32.2%	8,7 M €	+13.4%	7,7 M €	+19.1%	6,5 M €	+17.1%	5,5 M €	-0.5%	5,5 M €
EBITDA	630 k €	-35.5%	976,3 k €	+21.7%	802,6 k €	+48.5%	540,3 k €	-44.2%	967,6 k €	+293%	246,2 k €
Operating result	-828 k €	-1254%	71,8 k €	-36.5%	113 k €	+670%	14,7 k €	-95.3%	313,5 k €	+206%	-294,9 k €
Net result	-838,5 k €	-786%	122,2 k €	-51.2%	250,3 k €	+130%	108,6 k €	-73.9%	415,6 k €	+335%	-177 k €
Balance sheet
Equity	19,9 M €	-5.8%	21,2 M €	+11.5%	19 M €	+1.1%	18,8 M €	+66.9%	11,2 M €	+25.2%	9 M €
Total assets	40,7 M €	-3.4%	42,1 M €	+36.8%	30,8 M €	+5.3%	29,2 M €	+47.7%	19,8 M €	+16.7%	17 M €
Cash	1 M €	-39.2%	1,7 M €	+3.1%	1,6 M €	-31.5%	2,4 M €	+80.8%	1,3 M €	+80.2%	734,3 k €
Debts	20,7 M €	-0.9%	20,9 M €	+77.1%	11,8 M €	+12.7%	10,5 M €	+23.5%	8,5 M €	+18.5%	7,2 M €
Other
Workforce	172,6 ETP	+16.3%	148,4 ETP	+5.8%	140,3 ETP	+7.5%	130,5 ETP	+7.8%	121,1 ETP	+217%	38,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 15 active · 15 ended

Active mandates

Alain VANDROMME

Mandate

Active

Bernard GILSON

Mandate

Active

Fabienne BROUSMICHE

Mandate

Active

Florent THONET

Mandate

Active

Gaston CORDIER

Mandate

Active

Hary COENE

Mandate

Active

Jean FURNEMONT

Mandate

Active

Jean-Michel AELGOET

Mandate

Active

Jehanne DETRIXHE

Mandate

Active

Marie-Josée PEROT

Mandate

Active

Martine FLAMME

Mandate

Active

Martine GENOVA

Mandate

Active

Olivier RECLOUX

Mandate

Active

Raymond DOUNIAUX

Mandate

Active

Vincent DELIRE

Mandate

Active

Ended mandates

Bernard GILSON

Director

Ended

Bernard JACQMIN

Mandate

Ended

Bernard JACQMIN

Director

Ended

Fabienne BROUSMICHE

Director

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	11/08/2026	19/06/2025	19/06/2024	23/06/2023	28/06/2022	25/06/2021
General meeting	29/06/2026	18/06/2025	19/06/2024	22/06/2023	22/06/2022	23/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

9 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full modelCorrection	31/12/2025	29/06/2026	11/08/2026	French	PDF
Full model	31/12/2025	29/06/2026	01/07/2026	French	PDF
Full model	31/12/2024	18/06/2025	19/06/2025	French	PDF
Full model	31/12/2023	19/06/2024	19/06/2024	French	PDF
Full model	31/12/2022	22/06/2023	23/06/2023	French	PDF
Full model	31/12/2021	22/06/2022	28/06/2022	French	PDF
Full model	31/12/2020	23/06/2021	25/06/2021	French	PDF
Full modelCorrection	31/12/2019	17/09/2020	22/10/2020	French	PDF
Full model	31/12/2019	17/09/2020	28/09/2020	French	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 15 active · 15 ended

Active mandates

Alain VANDROMME

Mandate

Active

Bernard GILSON

Mandate

Active

Fabienne BROUSMICHE

Mandate

Active

Florent THONET

Mandate

Active

Gaston CORDIER

Mandate

Active

Hary COENE

Mandate

Active

Jean FURNEMONT

Mandate

Active

Jean-Michel AELGOET

Mandate

Active

Jehanne DETRIXHE

Mandate

Active

Marie-Josée PEROT

Mandate

Active

Martine FLAMME

Mandate

Active

Martine GENOVA

Mandate

Active

Olivier RECLOUX

Mandate

Active

Raymond DOUNIAUX

Mandate

Active

Vincent DELIRE

Mandate

Active

Ended mandates

Bernard GILSON

Director

Ended

Bernard JACQMIN

Mandate

Ended

Bernard JACQMIN

Director

Ended

Fabienne BROUSMICHE

Director

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates30/10/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates21/08/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates25/01/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates19/07/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates11/06/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates24/07/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates24/07/2020
DEMISSIONS, NOMINATIONS
PDF
Other07/10/2019
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 2025-838,5 k €↓
2024
Annual accounts 2024122,2 k €↓
2023
Annual accounts 2023250,3 k €↑
2022
Annual accounts 2022108,6 k €↓
2021
Annual accounts 2021415,6 k €↑
2019
Annual accounts 2019-177 k €
26/09/2019
IncorporationCooperative society

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Association Intercommunale Générations THIERACHE

Overview

What does Association Intercommunale Générations THIERACHE do?

Trend over 6 financial years

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