IDELUX Eau

Active

Cooperative companyfounded 196264 yrs activeSchoppach,drève de l'Arc-en-Ciel 98, 6700 Arlon, BelgiumKBO/BCE: BE 0204.359.994

IDELUX Eau has been active since 1962 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €50.56M and a net result of €1.72M. Equity is growing by ~5.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.1% (very low).

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Checked score

Score 2025

90 / 100

Excellent= vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability58▲+11

Solvency89▲+3

Growth35▲+13

Stability100

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €2M at 30 days acceptable

Liquidity ample (current ratio 3.0 against 3.0 in 2024), but 56.2% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Nine signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 37

Relative position

BE, all sectors

reference

Sector 37

lower

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

43.8%

Return on assets

1.5%

Age of the figures

8 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-06-2026, 44 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

44 d early

2024

28 d early

2023

41 d early

2022

40 d early

2021

38 d early

2020

30 d early

2019

21 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

15-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, unclassified schema

Turnover

€26.32M▲ 4.7%

2024 · €25.13M

2018: €67.46M 2020: €22.14M 2021: €18.85M 2022: €21.68M 2023: €25.71M 2024: €25.13M

2018 → 2025

EBIT margin

16.0%▲ 3.1pp

2024 · 12.9%

2018: 8.6% 2020: 16.7% 2021: 14.4% 2022: 14.6% 2023: 11.4% 2024: 12.9%

2018 → 2025

Net result

€1.72M▲ 201%

2024 · €571k

2018: €2.39M 2020: €271k 2021: €198k 2022: €57k 2023: €117k 2024: €571k

2018 → 2025

Working capital

€21.25M▲ 17.6%

2024 · €18.07M

2018: €56.06M 2020: €20.81M 2021: €15.92M 2022: €15.43M 2023: €15.91M 2024: €18.07M

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Turnover€18.85M-€21.68M▲ 15.0%€25.71M▲ 18.6%€25.13M▼ 2.3%€26.32M▲ 4.7%

Equity€39.44M-€41.61M▲ 5.5%€43.88M▲ 5.5%€46.63M▲ 6.3%€50.56M▲ 8.4%

Operating result€2.72M-€3.16M▲ 16.3%€2.94M▼ 7.1%€3.25M▲ 10.6%€4.21M▲ 29.6%

Net result€198k-€57k▼ 71.0%€117k▲ 104%€571k▲ 387%€1.72M▲ 201%

Result per fiscal year

Operating resultNet result

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 30% above 2024 and is the highest year so far.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €115.51M

72.4%

27.6%

Fixed assets €83.61M▼ 0.6%

Current assets €31.90M▲ 17.8%

Equity and liabilities €115.51M

43.8%

56.2%

Equity €50.56M▲ 8.4%

Debt €64.95M▲ 0.5%

The debt ratio falls from 58.1% to 56.2%: equity grows faster than debt.

Key figures and ratios

2025 value · change against 2024

EBITDA

€7.31M▲

2024 · €6.17M

Cash flow

€4.83M▲

2024 · €3.49M

Solvency

43.8%▲

2024 · 41.9%

Current ratio

3.00▼

2024 · 3.00

Quick ratio

2.91▲

2024 · 2.89

Debt / equity

1.28▼

2024 · 1.39

ROE

3.4%▲

2024 · 1.2%

ROA

1.5%▲

2024 · 0.5%

Interest coverage

2.55▲

2024 · 2.06

Debt

€64.95M▲

2024 · €64.61M

Debt ≤ 1 year

€10.65M▲

2024 · €9.01M

Debt > 1 year

€50.82M▼

2024 · €53.74M

Income taxes

€43k▲

2024 · €27k

Staff costs

€9.31M▲

2024 · €9.28M

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€111.24M€115.51M▲

Fixed assets21/28€84.16M€83.61M▼

Tangible fixed assets22/27€58.23M€55.48M▼

Land and buildings22€1.45M€1.45M=

Plant, machinery and equipment23€14k€12k▼

Furniture and vehicles24€3k€15k▲

Leasing and similar rights25€56.77M€54.00M▼

Financial fixed assets28€25.92M€28.13M▲

Affiliated companies280/1€50€50=

Participating interests280€50€50=

Other financial fixed assets284/8€25.92M€28.13M▲

Shares284€25.92M€28.13M▲

Amounts receivable and cash guarantees285/8€4k€4k=

Current assets29/58€27.08M€31.90M▲

Stocks and contracts in progress3€1.05M€944k▼

Contracts in progress37€1.05M€944k▼

Amounts receivable within one year40/41€19.54M€23.88M▲

Trade receivables40€4.79M€6.26M▲

Other amounts receivable41€14.75M€17.62M▲

Current investments50/53€3.00M€4.35M▲

Other investments51/53€3.00M€4.35M▲

Cash at bank and in hand54/58€3.38M€2.63M▼

Deferred charges and accrued income490/1€113k€92k▼

Equity and liabilities

Total equity and liabilities10/49€111.24M€115.51M▲

Equity10/15€46.63M€50.56M▲

Contributions10/11€28.06M€30.27M▲

Reserves13€10.09M€10.25M▲

Non-distributable reserves130/1€323k€323k=

Reserves not available under the articles1311€323k€323k=

Distributable reserves133€9.77M€9.92M▲

Profit (loss) carried forward14€7.03M€8.60M▲

Investment grants15€1.45M€1.45M=

Amounts payable17/49€64.61M€64.95M▲

Amounts payable after more than one year17€53.74M€50.82M▼

Financial debts170/4€53.74M€50.82M▼

Leasing and similar obligations172€53.74M€50.82M▼

Amounts payable within one year42/48€9.01M€10.65M▲

Current portion of amounts payable after more than one year42€3.06M€3.21M▲

Trade debts44€2.99M€4.11M▲

Suppliers440/4€2.99M€4.11M▲

Advances received on contracts in progress46€916k€1.04M▲

Taxes, remuneration and social security45€2.05M€1.86M▼

Taxes450/3€479k€273k▼

Remuneration and social security454/9€1.57M€1.59M▲

Other amounts payable47/48€125€427k▲

Accrued charges and deferred income492/3€1.85M€3.48M▲

Income statement Code20242025

Operating income70/76A€25.71M€27.82M▲

Turnover70€25.13M€26.32M▲

Change in stocks of work in progress, finished goods and contracts in progress71€-1.03M€-230k▲

Other operating income74€1.35M€1.43M▲

Non-recurring operating income76A€261k€301k▲

Operating charges60/66A€22.46M€23.61M▲

Goods for resale, raw materials and consumables60€1.72M€1.12M▼

Purchases600/8€1.72M€1.12M▼

Services and other goods61€8.52M€10.05M▲

Remuneration, social security and pensions62€9.28M€9.31M▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2.92M€3.10M▲

Other operating charges640/8€21k€32k▲

Non-recurring operating charges66A€9k-

Operating profit (loss)9901€3.25M€4.21M▲

Financial income75/76B€347k€422k▲

Recurring financial income75€347k€422k▲

Income from current assets751€347k€422k▲

Other financial income752/9€20€2▼

Financial charges65/66B€2.99M€2.87M▼

Recurring financial charges65€2.99M€2.87M▼

Debt charges650€2.99M€2.86M▼

Other financial charges652/9€2k€962▼

Profit (loss) for the period before taxes9903€599k€1.76M▲

Income taxes67/77€27k€43k▲

Taxes670/3€27k€43k▲

Profit (loss) for the period9904€571k€1.72M▲

Profit (loss) for the period to be appropriated9905€571k€1.72M▲

Appropriation of the result

Profit (loss) to be appropriated9906€7.19M€8.75M▲

Profit (loss) brought forward from the previous period14P€6.61M€7.03M▲

Transfer to equity691/2€154k€157k▲

To other reserves6921€154k€157k▲

Social balance

Average headcount (FTE)9087102.2101.2▼

The notes to these accounts (67 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 13Financial 2Gazette 1Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

17-06

NBB filing Annual accounts filed

fiscal year 2025 · unclassified schema

2025

31-12

Financial Equity above €50MEq €50.56M ▲8.4%

7 profitable years in a row build equity to €50.56M.

03-07

NBB filing Annual accounts filed

fiscal year 2024 · unclassified schema

2024

20-06

NBB filing Annual accounts filed

fiscal year 2023 · unclassified schema

2023

21-06

NBB filing Annual accounts filed

fiscal year 2022 · unclassified schema

2022

31-12

Financial Weakest financial yearnet €57k ▼71%

Net result drops to €57k, the lowest in the series; recovery starts the following year.

23-06

NBB filing Annual accounts filed

fiscal year 2021 · unclassified schema

2021

01-07

NBB filing Annual accounts filed

fiscal year 2020 · unclassified schema

2020

10-07

NBB filing Annual accounts filed

fiscal year 2019 · full schema

2019

11-07

NBB filing Annual accounts filed

fiscal year 2018 · full schema

2018

03-07

NBB filing Annual accounts filed

fiscal year 2017 · full schema

2017

29-06

NBB filing Annual accounts filed

fiscal year 2016 · full schema

2009

13-07

State Gazette act Board meeting · Demerger

Accounting effect · Net-asset statement

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2025

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

28-01-2025 André BLAISE: Resigned as Director

28-01-2025 GONDON Georges: Resigned as Director

28-01-2025 Roger FRANCOIS: Resigned as Director

28-01-2025 Serge BODEUX: Resigned as Director

30-12-2022 Jean-Louis BROCART: Resigned as Director

30-04-2019 André BALON: Resigned as Director

30-04-2019 DESSE Marie: Resigned as Director

30-04-2019 Ledent, Daniel: Resigned as Director

30-04-2019 Martine NOTET: Resigned as Director

30-04-2019 Sylvie THEODORE: Resigned as Director

22-09-2016 Vincent PEREMANS: Resigned as Director

10-05-2016 Bernard MOINET: Resigned as Director

10-05-2016 Yves EVRARD: Resigned as Director

09-09-2015 Sylvie THEODORE: Resigned as Director

09-09-2015 Alexandre LARMOYER: Resigned as Director

09-09-2015 Isabelle PONCELET: Resigned as Director

Location & real-estate footprint

Registered office, Arlon · 13 establishment units since 1962

establishment approximate 6 of 13 establishment units on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Schoppach,drève de l'Arc-en-Ciel 986700 Arlon

Ground area

2.2 ha

Building footprint

1,437 m²

Volume, LiDAR

11,409 m³

6 parcels, Wallonia · tallest building 33.9 m, ±3 floors. Linked by address, not a title deed.

13 establishment units

Idelux Eau

Schoppach,drève de l'Arc-en-Ciel 98, 6700 ArlonNACE 4030002

since 19622.004.188.660

Station Epuration Athus

Rue de Rodange - ATHUS 90, 6791 AubangeNACE 90010

since 19862.185.704.463

Station Epuration Bouillon

Cordemois 3, 6830 BouillonNACE 90010

since 19912.185.726.338

Station Epuration Libramont Lhomme

Libramont,Rue de Tibêtême 100, 6800 Libramont-ChevignyNACE 90010

since 20052.160.543.158

Station Epuration Neufchâteau

La Plate des Prés,WARM 18, 6840 NeufchâteauNACE 90010

since 20052.160.543.257

Station Epuration Marche

Marche, Chaussée de Liège 100, 6900 Marche-en-FamenneNACE 90010

since 20052.160.544.445

Show 7 more locations

Station Epuration Wellin

Rue Fond-des-Vaulx -, 6920 WellinNACE 90010

since 20052.160.544.742

Station Epuration Bastogne Rhin

Rue de Clervaux 100, 6600 BastogneNACE 90010

since 20052.160.541.970

Station Epuration Arlon

Rue de Neufchâteau 324, 6700 ArlonNACE 90010

since 20052.160.542.861

Station Epuration Virton

Rue de l'Usine,Dampicourt SN, 6767 RouvroySewerage

since 20102.183.295.103

Station Epuration Eisch Amont

Route de Luxembourg SN, 6700 ArlonSewerage

since 20222.333.424.080

Station d'épuration de FLORENVILLE

Rue de Martué,Lacuisine sn, 6821 FlorenvilleSewerage

since 20222.338.023.266

Atelier centralisé maintenance

Parc Industriel-Zone 2 2A, 6870 Saint-HubertSewerage

since 20232.340.187.455

6 parcels

Wallonia 6 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
81005F0054/00E000	Wallonia	1.6 ha	-	-
84010A0680/00E000 ProtectedSite or landscape	Wallonia	3,961 m²	1 · 1,006 m²	33.9 m · 2 fl.
85020C0352/00B000indicative	Wallonia	1,817 m²	1 · 200 m²	9.2 m · 2 fl.
83034B0225/00T000	Wallonia	229 m²	1 · 59 m²	-
81001A1653/00Z000	Wallonia	225 m²	1 · 75 m²	11.7 m · 3 fl.
84024F0263/00P000	Wallonia	54 m²	1 · 97 m²	17.7 m · 2 fl.