Active · per the CBE, 9 October 2026

in BW Association Intercommunale

BE0200362210

Rechtspersoon Cooperative company 32 establishments

in BW Association Intercommunale is registered with the CBE as active in: Afvalwaterafvoer. Cooperative, started on 26 February 1968, 32 establishments.

Rue de la Religion 10, 1400 Nivelles [email protected]

Active for

58 year, 7 months

Financials

Financial year 2025

in BW Association Intercommunale from Nivelles, company number BE0200362210, closed financial year 2025 with a result of € 4.8 million after tax. For that financial year in BW Association Intercommunale recorded revenue of € 135.7 million and equity of € 219.5 million. Compared with financial year 2024, the result moved from € 4 million to € 4.8 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2026.

What it is worth Growing

€ 219.5 million

▲ 8% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 4.8 million

▲ 22% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2.8 million

▼ 19% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 115.8 million.

People and assets in 2025

Full-time equivalents

488

▲ 5.3 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 42.9 million

▲ 2% vs 2024

€ 87,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 110.4 million

▼ 7% vs 2024

Of which on lease € 106.7 million.

Debts at end 2025

Bank debt ≈ 16 years to go

€ 302.7 million

▼ 3% vs 2024

€ 18.6 million is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.

Owed to suppliers

€ 26.8 million

▲ 12% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 100 days on average.

Taxes and wages

€ 6.1 million

▼ 3% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Revenue € 115,506,051 € 127,465,875 € 129,041,908 € 135,653,742 ▲ 5%
Profit after taxes € 4,002,495 € 4,362,459 € 3,951,905 € 4,839,491 ▲ 22%
Equity € 191,317,747 € 197,503,224 € 203,588,833 € 219,525,253 ▲ 8%
Total debts € 351,452,572 € 362,445,225 € 361,089,057 € 355,070,526 ▼ 2%
Cash € 10,248,114 € 8,632,104 € 3,489,867 € 2,821,759 ▼ 19%
Land & buildings € 58,044,070 € 59,642,612 € 59,076,911 € 62,026,502 ▲ 5%
Retained profit € 102,630,527 € 106,992,985 € 110,944,891 € 115,784,379 ▲ 4%
Bank debt € 296,571,302 € 305,882,748 € 312,479,516 € 302,743,625 ▼ 3%
Balance sheet total € 543,846,291 € 560,940,524 € 565,831,513 € 576,116,610 ▲ 2%
Employees (FTE) 463.2 477.1 482.7 488 ▲ 5.3

Key figures of in BW Association Intercommunale, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to in BW Association Intercommunale?

What happened at in BW Association Intercommunale in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • Laurence Smets stepped down as director. NBB
  • Bernard Löwenthal stepped down as director. NBB
  • Aisling D'Hooghe stepped down as director. NBB
  • Sybille de Coster-Bauchau stepped down as director. NBB
  • Cédric du Monceau stepped down as director. NBB
  • Jordan Godfriaux stepped down as director. NBB
  • Christian Fayt stepped down as director. NBB
  • Cédric Gillis stepped down as director. NBB

In short

From € 4 million profit in 2022 to € 4.8 million profit in 2025.

Paid € 2.3 million in corporate taxes since 2022.

Best year ever: 2025, with € 4.8 million profit.

Pays suppliers within 100 days on average.

Management

in BW Association Intercommunale

It owns 37.5% of DIGINNOV, 20% of SMART ENERGY INVEST II, 7.2% of WALWIND, 7.2% of WIND4WALLONIA, 5% of GBES1 and 1% of SOCIETE DIGITALE DES EAUX DE WALLONIE itself.

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Directors

According to the 2025 annual accounts

Bernard Löwenthal

Director

since 2019 · until 2031

Aisling D'Hooghe

Director

since 2025 · until 2031

Sybille de Coster-Bauchau

Director

since 2025 · until 2031

Delphine De Sauvage

Director

Also active at: Régie foncière provinciale autonome du Brabant Wallon

since 2025 · until 2025

since 2024 · until 2031

Jordan Godfriaux

Director

Also active at: Fondation rurale de Wallonie, PORC QUALITE ARDENNE

since 2019 · until 2031

Hadelin de Beer de Laer

Vice-chairman of the board

since 2019 · until 2025

Gilles Agosti

Director

Also active at: Intercommunale Sociale du Brabant wallon

since 2021 · until 2025

Jean-Marie Thiry

Director

since 2024 · until 2025

Michaël Goblet d'Alviella

Director

since 2019 · until 2025

Christian Fayt

Director

Also active at: ORES Assets, COMNEXIO, OPERATEUR DE RESEAUX D'ENERGIES

since 2019 · until 2031

Cédric Gillis

Director

Also active at: Intercommunale pure de financement du Brabant Wallon, SPAQuE, SOCOFE, GEPART

since 2025 · until 2031

Hélène Ryckmans

Director

Also active at: Fondation rurale de Wallonie

since 2024 · until 2031

Pascal Henry

Director

Also active at: H et CO

since 2019 · until 2031

Patricia Lebon

Director

Also active at: Intercommunale Sociale du Brabant wallon

since 2019 · until 2025

Carole Ghiot

Director

since 2020 · until 2025

since 2025 · until 2031

Christophe Dister

Director

since 2024 · until 2031

Steve De Wevere

Director

since 2025 · until 2031

since 2025 · until 2031

Bénédicte Delmez

Director

since 2019 · until 2031

Muriel Flamand

Director

since 2019 · until 2025

Pierre Huart

Chairman of the board, Director

Also active at: LA MAISON LIBERALE

since 2024 · until 2031

Axelle Valembois

Director

Also active at: Enbosco, Régie communale autonome des sports de Nivelles

since 2025 · until 2031

Julien Breuer

Vice-chairman of the board

since 2025 · until 2031

Henri Detandt

Director

since 2025 · until 2031

Establishments

Establishment units

Physical locations of this company

Registered office

Rue de la Religion 10

1400 Nivelles

2.158.766.672

Rue Emile François 27

1474 Genappe

Active since 1 February 2004

2.255.037.192

Avenue Jean Monnet 1

1348 Ottignies-Louvain-la-Neuve

Active since 1 January 2016

2.309.614.144

Rue des Frères Dulait -

7090 Braine-le-Comte

Active since 1 January 2018

2.309.614.342

Rue de Hal -

1440 Braine-le-Château

Active since 1 January 2018

2.309.614.540

Rue de la Petite Sibérie -

1435 Mont-Saint-Guibert

Active since 1 January 2018

2.309.614.837

Drève Eugène Goblet d'Alviella 1

1490 Court-Saint-Etienne

Active since 1 January 2018

2.309.615.332

Rue de Tubize 16

1460 Ittre

Active since 1 January 2018

2.309.695.308

Rue de Tubize -

1460 Ittre

Active since 1 January 2018

2.309.711.540

Rue de la Chise -

1315 Incourt

Active since 1 January 2018

2.309.711.936

Rue Nicolas Lebrun -

1470 Genappe

Active since 1 January 2018

2.309.712.332

Rue du Werchai 2

1490 Court-Saint-Etienne

Active since 1 January 2018

2.309.712.629

Chemin de Vieusart, Corroy 3

1325 Chaumont-Gistoux

Active since 1 January 2018

2.310.706.680

Chaussée du Longchamp -

1300 Wavre

Active since 1 January 2018

2.310.710.046

Rue de la Station 1 box F

1495 Villers-la-Ville

Active since 1 January 2018

2.310.711.036

Chemin Massart -

1480 Tubize

Active since 1 January 2018

2.310.711.234

Colline du Glain -

1330 Rixensart

Active since 1 January 2018

2.310.713.511

Le Weya(NSV) 4-10

1457 Walhain

Active since 1 January 2018

2.311.651.936

Chaussée du Longchamp 2

1300 Wavre

Active since 1 January 2018

2.311.652.431

Rue d'Oisquercq 51

1480 Tubize

Active since 1 January 2018

2.311.652.629

Drève du Brocard 5

1410 Waterloo

Active since 1 January 2018

2.311.653.223

Chemin Fourneau 44

1400 Nivelles

Active since 1 January 2018

2.311.653.322

Rue Nicolas Baudine SN

1440 Braine-le-Château

Active since 1 January 2018

2.312.023.605

Chemin de Profondval SN

1490 Court-Saint-Etienne

Active since 1 January 2018

2.312.023.803

Rue des Broucks(Z.-L.) SN

1370 Jodoigne

Active since 1 January 2018

2.312.024.197

Rue de Hamme-Mille SN

1390 Grez-Doiceau

Active since 1 January 2018

2.312.024.692

Rue de Tombeek 30

1331 Rixensart

Active since 1 January 2018

2.309.823.089

Route de Quenast -

1430 Rebecq

Active since 1 January 2018

2.309.823.188

Rue de Jandrain(O) -

1350 Orp-Jauche

Active since 1 January 2018

2.309.823.287

Avenue des Moissons 16

1360 Perwez

Active since 1 January 2018

2.309.823.386

Rue de l'Artisanat -

1400 Nivelles

Active since 1 January 2018

2.309.823.782

Rue de l'Avenir(Jod.) -

1370 Jodoigne

Active since 1 January 2018

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0200.362.210
VAT number
BE 0200.362.210
Registered office
Rue de la Religion 10, 1400 Nivelles
Names & denominations
in BW Association Intercommunale · in B.W.
Enterprise type
Rechtspersoon
Legal form
Cooperative company
Legal situation
Normale toestand
Start date
26 February 1968
Peppol
Active · Active since 1 Jan 2001
Activities · NACE

Afvalwaterafvoer

Afvalwaterinzameling en -behandeling

Frequently asked questions

What does in BW Association Intercommunale do?
in BW Association Intercommunale is registered with the CBE as active in: Afvalwaterafvoer. Cooperative, started on 26 February 1968, 32 establishments.
What is the address of in BW Association Intercommunale?
The registered office of in BW Association Intercommunale is located at Rue de la Religion 10, 1400 Nivelles.
Is in BW Association Intercommunale still active?
Yes. According to the CBE (9 October 2026) in BW Association Intercommunale is active, legal situation “Normale toestand”, started on 26 February 1968.
Is in BW Association Intercommunale registered on Peppol?
Yes, in BW Association Intercommunale is registered on the Peppol network with ID 0208:0200362210.
What is the enterprise number of in BW Association Intercommunale?
The enterprise number of in BW Association Intercommunale is BE0200362210.
When was in BW Association Intercommunale founded?
in BW Association Intercommunale was founded on 26 February 1968.