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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Figures corrected NBB
Corrected annual account filed for 2024.
Financials
Financial year 2025
Compagnie Intercommunale Liégeoise des Eaux from Liège, company number BE0202395052, closed financial year 2025 with a result of € 4.5 million after tax. For that financial year Compagnie Intercommunale Liégeoise des Eaux recorded revenue of € 159.7 million and equity of € 366.6 million. Compared with financial year 2024, the result moved from € 36.3 million to € 4.5 million. The company is profitable. 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 June 24, 2026.
€ 366.6 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4.5 million
▼ 88% vs 2024
Profit after tax over the fiscal year.
€ 25 million
▼ 18% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 230.4 million.
People and assets in 2025
393.7
▲ 3.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 40.3 million
▲ 2% vs 2024
€ 102,300 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.
€ 1.6 million
▼ 2% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 51.5 million
▼ 7% vs 2024
€ 4.1 million is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 26.7 million
▲ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 92 days on average.
€ 8.9 million
▲ 4% vs 2024
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 136,696,615 | € 137,239,999 | € 144,163,597 | € 159,695,588 | ▲ 11% |
| Profit after taxes | € 433,710 | € 220,333 | € 36,288,551 | € 4,466,433 | ▼ 88% |
| Equity | € 317,473,493 | € 319,416,495 | € 360,929,154 | € 366,590,582 | ▲ 2% |
| Total debts | € 102,933,451 | € 99,066,232 | € 91,510,951 | € 90,115,577 | ▼ 2% |
| Cash | € 28,609,837 | € 17,325,915 | € 30,345,884 | € 24,981,300 | ▼ 18% |
| Land & buildings | € 49,068,187 | € 48,404,838 | € 45,665,586 | € 44,432,540 | ▼ 3% |
| Retained profit | € 180,405,517 | € 182,678,643 | € 223,917,725 | € 230,438,449 | ▲ 3% |
| Bank debt | € 67,957,157 | € 63,800,000 | € 55,600,000 | € 51,500,000 | ▼ 7% |
| Balance sheet total | € 424,660,875 | € 424,419,997 | € 456,383,343 | € 460,098,358 | ▲ 1% |
| Employees (FTE) | 387.9 | 394 | 390.4 | 393.7 | ▲ 3.3 |
Key figures of Compagnie Intercommunale Liégeoise des Eaux, fiscal years 2021 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 Compagnie Intercommunale Liégeoise des Eaux?
What happened at Compagnie Intercommunale Liégeoise des Eaux in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Anne-Marie LIBON stepped down as director. NBB
- Patrick LECERF stepped down as director. NBB
- Eric DOSOGNE stepped down as director. NBB
- Thomas CIALONE stepped down as director. NBB
- Céline FASSOTTE stepped down as director. NBB
- Robert ROUZEEUW stepped down as director. NBB
- Didier HENROTTIN stepped down as director. NBB
- Marc CAPPA stepped down as director. NBB
In short
From € 433,710 profit in 2021 to € 4.5 million profit in 2025.
Paid € 1.3 million in corporate taxes since 2021.
Best year ever: 2024, with € 36.3 million profit.
Pays suppliers within 92 days on average.
Management
Behind Compagnie Intercommunale Liégeoise des Eaux are Florence HERRY, Eric VAN SEVENANT and Marie-Christine NOSSENT. Eric VAN SEVENANT is also behind Exhaurea.
Directors
According to the 2025 annual accounts
Florence HERRY
Observatrice - Directrice générale AIDE
since 2018
since 2018
Marie-Christine NOSSENT
Observatrice - Directrice générale INTRADEL
since 2023
since 2025 · until 2031
Patrick LECERF
Director
since 2025 · until 2031
Eric DOSOGNE
Director
since 2025 · until 2031
Thomas CIALONE
Chairman of the board
Also active at: ASSOCIATION INTERCOMMUNALE POUR LE DEMERGEMENT ET L'EPURATION DES COMMUNES DE LA PROVINCE DE LIEGE, Fédération du Tourisme de la Province de Liège, Orchestre philharmonique Royal de Liège, CENTRE LYRIQUE DE LA COMMUNAUTE FRANCAISE - OPERA ROYAL DE WALLONIE, CENTRE CULTUREL D'ANS, Conseil de l'Enseignement des Communes et des Provinces, Régie Foncière Ansoise
since 2025 · until 2031
Céline FASSOTTE
Director
since 2025 · until 2031
since 2025 · until 2031
Didier HENROTTIN
Vice-chairman of the board
since 2025 · until 2031
Marc CAPPA
Director
Also active at: Le Foyer de la Région de Fléron, Association de gestion des domaines touristiques du Vallon de Lembrée, Blegny-Mine a.s.b.l.
since 2025 · until 2031
since 2025 · until 2031
since 2025 · until 2031
since 2025 · until 2031
Adrien CARLOZZI
Director
Also active at: CENTRE HOSPITALIER REGIONAL DE HUY, Business Station Management, Agilis - Gestion Immobilière
since 2025 · until 2031
since 2025 · until 2031
since 2025 · until 2031
Faustin LIDJI-HOUET
Director
since 2025 · until 2031
since 2025 · until 2031
since 2025 · until 2031
Etienne VENDY
Director
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Rue Canal-de-l'Ourthe 8
4031 Liège
Rue du Centre 10
4557 Tinlot
Active since 1 September 2016
Hameau de Rennes 1
4180 Hamoir
Active since 1 October 2009
Quai des Ardennes 127
4032 Liège
Active since 1 October 2009
Avenue de l'Energie 17-25 box Bat G3
4432 Ans
Active since 1 January 2015
RUe de la Légia 60
4430 Ans
Active since 1 July 2015
Boulevard d'Avroy 38
4000 Liège
Active since 1 March 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0202.395.052
- VAT number
- BE 0202.395.052
- Registered office
- Rue Canal-de-l'Ourthe 8, 4031 Liège
- Names & denominations
- Compagnie Intercommunale Liégeoise des Eaux · C.I.L.E.
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 27 December 1913
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- [email protected] 04/367 84 11
- Activities · NACE
Winning, behandeling en distributie van water
Winning, zuivering en distributie van water