Financials
Financial year 2025
INTERCOMMUNALE D'ETUDE ET DE GESTION from Mouscron, company number BE0229068864, closed financial year 2025 with a result of € 4.3 million after tax. For that financial year INTERCOMMUNALE D'ETUDE ET DE GESTION recorded revenue of € 19.7 million and equity of € 106.2 million. Compared with financial year 2024, the result moved from € 6.6 million to € 4.3 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 2, 2026.
€ 106.2 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4.3 million
▼ 35% vs 2024
Profit after tax over the fiscal year.
€ 5.5 million
▼ 38% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 400,000 paid out
9 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
87.5
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 6.9 million
▲ 6% vs 2024
€ 79,400 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.
€ 205,650
▼ 9% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 56.6 million
▼ 1% vs 2024
€ 4.5 million is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 2.9 million
▲ 48% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 111 days on average.
€ 2.1 million
▼ 11% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 30,275,909 | € 22,015,606 | € 25,454,398 | € 19,725,740 | ▼ 23% |
| Profit after taxes | € 7,384,068 | € 4,350,267 | € 6,640,690 | € 4,293,639 | ▼ 35% |
| Equity | € 91,103,094 | € 94,637,461 | € 102,008,567 | € 106,218,998 | ▲ 4% |
| Total debts | € 53,681,678 | € 70,598,146 | € 64,191,454 | € 64,189,234 | |
| Cash | € 7,859,823 | € 8,268,806 | € 8,812,476 | € 5,493,461 | ▼ 38% |
| Land & buildings | € 64,749,738 | € 66,271,059 | € 70,402,290 | € 68,123,851 | ▼ 3% |
| Retained profit | € 31,136,196 | € 35,086,463 | € 41,174,063 | € 45,067,702 | ▲ 9% |
| Dividend | € 1,260,598 | € 400,000 | € 553,090 | € 400,000 | ▼ 28% |
| Bank debt | € 43,292,781 | € 61,055,556 | € 57,229,966 | € 56,567,632 | ▼ 1% |
| Balance sheet total | € 165,113,073 | € 185,265,607 | € 186,048,521 | € 190,144,732 | ▲ 2% |
| Employees (FTE) | 91.1 | 90.3 | 87.4 | 87.5 | ▲ 0.1 |
Key figures of INTERCOMMUNALE D'ETUDE ET DE GESTION, 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 INTERCOMMUNALE D'ETUDE ET DE GESTION?
What happened at INTERCOMMUNALE D'ETUDE ET DE GESTION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Thibault MOREL stepped down as director. NBB
- Ann CLOET stepped down as director. NBB
- François MOULIGNEAU stepped down as director. NBB
- Jean-François HOSTE stepped down as director. NBB
- Daniel SENESAEL stepped down as director. NBB
- Eric DEMARQUE stepped down as director. NBB
- Kamel HACHMI stepped down as director. NBB
- Emmanuel PROVIS stepped down as director. NBB
In short
From € 7.4 million profit in 2022 to € 4.3 million profit in 2025.
Paid € 4.3 million in corporate taxes since 2022.
Best year ever: 2022, with € 7.4 million profit.
Paid out € 2.6 million in dividends to the owners in total.
A new publication or filing at INTERCOMMUNALE D'ETUDE ET DE GESTION? We notify you, reason included.
Follow INTERCOMMUNALE D'ETUDE ET DE GESTIONDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
It owns 30.5% of CREDIT A L'EPARGNE IMMOBILIERE, 20% of SOWAPIMMO, 15% of IEGSUN, 12.5% of I.P.F.W., 10% of NEOWAL and 10% of WALWIND itself.
Directors
According to the 2025 annual accounts
David KYRIAKIDIS
Director
since 2019 · until 2025
Thibault MOREL
Director
since 2025 · until 2031
Mathilde VANDORPE
Director
Also active at: Crédit à l'épargne immobilière, Société de Logements de Mouscron, Etablissement secondaire d'Enseignement spécial @Les Trieux@, TRIEUX 2000
since 2019 · until 2025
since 2025 · until 2031
François MOULIGNEAU
Chairman of the board
Also active at: Crédit à l'épargne immobilière, Société de Logements de Mouscron, Collège Technique Saint-Henri, NEOWAL, EUROLEGIS, EULEGIS
since 2025 · until 2031
David WERQUIN
Director
since 2019 · until 2025
since 2025 · until 2031
Marc CASTEL
Vice-chairman of the board
Also active at: Société de Logements de Mouscron, GESTION CENTRE-VILLE MOUSCRON
since 2019 · until 2025
since 2019 · until 2025
Daniel SENESAEL
Director
since 2025 · until 2031
Eric DEMARQUE
Director
since 2025 · until 2031
Philippe MOUTON
Director
Also active at: Régie Communale Autonome Régie Foncière de Comines-Warneton
since 2024 · until 2025
Jorj RADIKOV
Director
Also active at: FOYER TIBERIADE, DOCTEUR RADIKOV SPRL CIVILE, ORES Assets, OPERATEUR DE RESEAUX D'ENERGIES
since 2023 · until 2025
since 2024 · until 2025
Kamel HACHMI
Director
since 2025 · until 2031
Jean-Jacques PIETERS
Director
since 2024 · until 2025
Emmanuel PROVIS
Vice-chairman of the board
Also active at: UNION SYNDICALE DES CLASSES MOYENNES DU HAINAUT, Union des Classes moyennes Mouscron-Comines, Secrétariat Social des Classes Moyennes, Service d'Assistance technique et de Gestion en faveur des Petites et Moyennes Entreprises, Caisse wallonne d'assurances sociales des classes moyennes - Caisse d'assurances sociales de l'Union des classes moyennes, Union des Classes Moyennes National, Centre de gestion sociale, UCM GUICHET D'ENTREPRISES AGREE +3 more
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Solidariteitstraat 80
7700 Mouscron
Schermutselingstraat 1
7700 Mouscron
Active since 1 January 2003
Pater Damiaanstraat 2
7700 Mouscron
Active since 1 January 2001
Ommegangstraat(KOM) 49
7780 Comines-Warneton
Active since 1 January 1992
Schoonveldstraat(KOM) 3
7780 Comines-Warneton
Active since 1 January 1989
Verroestkruisstraat(D) 42
7711 Mouscron
Active since 1 January 2004
André Dujardindreef(L) 69-72
7700 Mouscron
Active since 1 January 2004
Risquons-Toutsteenweg 196
7700 Mouscron
Active since 11 June 1986
Bourgondiëlaan 3
7700 Mouscron
Active since 1 January 1998
André Dujardindreef(L) 1
7700 Mouscron
Active since 1 January 2006
Blanc-Pignonstraat 33
7700 Mouscron
Active since 15 June 2000
Barrière Leclercqstraat(D) 13
7711 Mouscron
Active since 1 January 2008
Pater Damiaanstraat 2 BIS
7700 Mouscron
Active since 1 September 2008
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
INFOMANIAK-AS, CH
Website info
Features
Security
Network
Details
- Company number
- 0229.068.864
- VAT number
- BE 0229.068.864
- Registered office
- Solidariteitstraat 80, 7700 Mouscron
- Names & denominations
- INTERCOMMUNALE D'ETUDE ET DE GESTION · I.E.G.
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 11 June 1986
- Peppol
- Active · Active since 26 Dec 2025
- Contact
- ieg.be [email protected]
- Activities · NACE
Openbaar bestuur op het gebied van het bedrijfsleven; stimuleren van het bedrijfsleven
Winning, behandeling en distributie van water
Winning, zuivering en distributie van water
Overig algemeen overheidsbestuur