Active · per the CBE, 9 October 2026

Association Intercommunale d'Etudes et d'Exploitation d'Electricité et de Gaz

BE0202555004

Rechtspersoon Intercommunale 1 establishment

Association Intercommunale d'Etudes et d'Exploitation d'Electricité et de Gaz is an energy company in Andenne. Intercommunale, started on 1 January 1968, 1 establishment.

Rue des Marais 11, 5300 Andenne +3285310451 [email protected]

Active for

58 year, 9 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 64 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Association Intercommunale d'Etudes et d'Exploitation d'Electricité et de Gaz from Andenne, company number BE0202555004, closed financial year 2025 with a result of € 1.5 million after tax. For that financial year Association Intercommunale d'Etudes et d'Exploitation d'Electricité et de Gaz recorded revenue of € 20.1 million and equity of € 49.6 million. Compared with financial year 2024, the result moved from € 2.2 million to € 1.5 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 July 28, 2026.

What it is worth Growing

€ 49.6 million

▲ 2% vs 2024

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

Profit Healthy

€ 1.5 million

▼ 32% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.3 million

▲ 84% vs 2024

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

Where the profit goes Pays out

€ 809,934 paid out

54 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

45.8

▲ 5.5 vs 2024

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

Wage cost

€ 4.8 million

▲ 8% vs 2024

€ 103,900 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

€ 689,639

▼ 15% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 21 years to go

€ 14.6 million

▲ 10% vs 2024

€ 696,113 is repaid this year. At this pace the long-term loan is gone in ≈ 21 years.

Owed to suppliers

€ 5.1 million

▼ 5% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 111 days on average.

Taxes and wages

€ 1.2 million

▼ 1% 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 € 16,780,544 € 16,710,816 € 17,306,541 € 20,052,912 ▲ 16%
Profit after taxes € 826,925 € -218,564 € 2,215,968 € 1,509,448 ▼ 32%
Equity € 44,836,027 € 43,795,987 € 48,774,193 € 49,558,129 ▲ 2%
Total debts € 20,197,731 € 22,364,079 € 23,978,784 € 24,471,723 ▲ 2%
Cash € 3,928,214 € 1,230,435 € 723,090 € 1,327,024 ▲ 84%
Land & buildings € 5,360,916 € 5,173,466 € 4,988,993 € 4,808,100 ▼ 4%
Retained profit € 24,659,431 € 23,817,470 € 25,338,445 € 26,288,676 ▲ 4%
Dividend € 807,146 € 820,623 € 890,998 € 809,934 ▼ 9%
Bank debt € 9,101,057 € 11,388,542 € 13,189,615 € 14,556,682 ▲ 10%
Balance sheet total € 65,142,787 € 66,266,469 € 72,856,755 € 74,131,005 ▲ 2%
Employees (FTE) 40.3 40.3 40.3 45.8 ▲ 5.5

Key figures of Association Intercommunale d'Etudes et d'Exploitation d'Electricité et de Gaz, 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 Association Intercommunale d'Etudes et d'Exploitation d'Electricité et de Gaz?

What happened at Association Intercommunale d'Etudes et d'Exploitation d'Electricité et de Gaz in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 1.5 million (▼ 32% vs 2024). Source: NBB ↗
  • New establishment in Andenne. KBO
  • Start of the company according to the CBE. KBO

In short

From € 826,925 profit in 2022 to € 1.5 million profit in 2025.

Paid € 2 million in corporate taxes since 2022.

Best year ever: 2024, with € 2.2 million profit.

Paid out € 3.3 million in dividends to the owners in total.

Establishments

Establishment units

Physical locations of this company

Registered office

Rue des Marais 11

5300 Andenne

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
0202.555.004
VAT number
BE 0202.555.004
Registered office
Rue des Marais 11, 5300 Andenne
Names & denominations
Association Intercommunale d'Etudes et d'Exploitation d'Electricité et de Gaz · A.I.E.G.
Enterprise type
Rechtspersoon
Legal form
Intercommunale
Legal situation
Normale toestand
Start date
1 January 1968
Peppol
Active · Active since 26 Aug 2025
Activities · NACE

Distributie van elektriciteit

Productie van elektriciteit uit niet-hernieuwbare bronnen

Productie van elektriciteit

Distributie van gasvormige brandstoffen via leidingen

Markt- en opinieonderzoek

Distributie van en handel in gasvormige brandstoffen via leidingen

Marktonderzoekbureaus

Frequently asked questions

What does Association Intercommunale d'Etudes et d'Exploitation d'Electricité et de Gaz do?
Association Intercommunale d'Etudes et d'Exploitation d'Electricité et de Gaz is an energy company in Andenne. Intercommunale, started on 1 January 1968, 1 establishment.
What is the address of Association Intercommunale d'Etudes et d'Exploitation d'Electricité et de Gaz?
The registered office of Association Intercommunale d'Etudes et d'Exploitation d'Electricité et de Gaz is located at Rue des Marais 11, 5300 Andenne.
Is Association Intercommunale d'Etudes et d'Exploitation d'Electricité et de Gaz still active?
Yes. According to the CBE (9 October 2026) Association Intercommunale d'Etudes et d'Exploitation d'Electricité et de Gaz is active, legal situation “Normale toestand”, started on 1 January 1968.
Is Association Intercommunale d'Etudes et d'Exploitation d'Electricité et de Gaz registered on Peppol?
Yes, Association Intercommunale d'Etudes et d'Exploitation d'Electricité et de Gaz is registered on the Peppol network with ID 0208:0202555004.
What is the enterprise number of Association Intercommunale d'Etudes et d'Exploitation d'Electricité et de Gaz?
The enterprise number of Association Intercommunale d'Etudes et d'Exploitation d'Electricité et de Gaz is BE0202555004.
When was Association Intercommunale d'Etudes et d'Exploitation d'Electricité et de Gaz founded?
Association Intercommunale d'Etudes et d'Exploitation d'Electricité et de Gaz was founded on 1 January 1968.