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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 2025.
Financials
Financial year 2025
Association Intercommunale Générations THIERACHE from Chimay, company number BE0734919015, closed financial year 2025 with a result of € -838,481 after tax. For that financial year Association Intercommunale Générations THIERACHE recorded revenue of € 11.5 million and equity of € 19.9 million. Compared with financial year 2024, the result moved from € 122,157 to € -838,481. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 11, 2026.
€ 19.9 million
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -838,481
▼ still € 122,157 profit in 2024
Profit after tax over the fiscal year.
€ 1 million
▼ 39% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.7 million.
People and assets in 2025
172.6
▲ 24.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 11.3 million
▲ 26% vs 2024
€ 65,500 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.
€ 1.1 million
▼ 7% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 16.4 million
▼ 5% vs 2024
€ 996,921 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 1.5 million
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 196 days on average.
€ 2.1 million
▲ 53% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 6,456,807 | € 7,686,917 | € 8,715,392 | € 11,518,455 | ▲ 32% |
| Profit after taxes | € 108,587 | € 250,251 | € 122,157 | € -838,481 | ▼ € 960,638 |
| Equity | € 18,760,901 | € 18,974,653 | € 21,165,975 | € 19,933,774 | ▼ 6% |
| Total debts | € 10,485,824 | € 11,822,895 | € 20,960,484 | € 20,784,955 | ▼ 1% |
| Cash | € 2,392,534 | € 1,638,736 | € 1,689,726 | € 1,027,152 | ▼ 39% |
| Land & buildings | € 10,334,904 | € 9,979,292 | € 29,897,136 | € 29,698,999 | ▼ 1% |
| Retained profit | € 3,161,726 | € 3,411,977 | € 3,534,134 | € 2,695,653 | ▼ 24% |
| Bank debt | € 7,128,604 | € 8,776,076 | € 17,214,535 | € 16,367,355 | ▼ 5% |
| Balance sheet total | € 29,246,725 | € 30,800,548 | € 42,148,616 | € 40,729,440 | ▼ 3% |
| Employees (FTE) | 130.5 | 140.3 | 148.4 | 172.6 | ▲ 24.2 |
Key figures of Association Intercommunale Générations THIERACHE, 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 Générations THIERACHE?
What happened at Association Intercommunale Générations THIERACHE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
- New establishment in Couvin. KBO
- New establishment in Couvin. KBO
- New establishment in Chimay. KBO
- New establishment in Couvin. KBO
- New establishment in Chimay. KBO
- New establishment in Sivry-Rance. KBO
- Start of the company according to the CBE. KBO
In short
From € 108,587 profit in 2022 to € 838,481 loss in 2025.
Best year ever: 2023, with € 250,251 profit.
Pays suppliers within 196 days on average.
Establishments
Establishment units
Physical locations of this company
Avenue du Châlon(CH) 2
6460 Chimay
Rue de France, Mar. 31
5660 Couvin
Active since 26 September 2019
Boulevard Louise(CH) 18 box A
6460 Chimay
Active since 26 September 2019
Rue Touvent 21
6470 Sivry-Rance
Active since 26 September 2019
Route de Pesche 37
5660 Couvin
Active since 26 September 2020
Ruelle du Bal 2
5660 Couvin
Active since 1 August 2026
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0734.919.015
- VAT number
- BE 0734.919.015
- Registered office
- Avenue du Châlon(CH) 2, 6460 Chimay
- Names & denominations
- Association Intercommunale Générations THIERACHE · AIGT
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 26 September 2019
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- [email protected]
- Activities · NACE
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