Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Busy address KBO
14 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Veolia Environmental Services Belux from Sint-Gillis (bij-Brussel), company number BE0403316397, closed financial year 2025 with a result of € 10.8 million after tax. For that financial year Veolia Environmental Services Belux recorded revenue of € 130.1 million and equity of € 397.2 million. Compared with financial year 2024, the result moved from € 22.7 million to € 10.8 million. The company is profitable. 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 24, 2026.
€ 397.2 million
▼ 37% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10.8 million
▼ 53% vs 2024
Profit after tax over the fiscal year.
€ 13.6 million
▲ 51% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 10.8 million paid out
100 % of the profit went to the shareholders, mostly to VIGIE Groupe SAS (100 % of the shares). That is where the money ends up.
People and assets in 2025
626.7
▼ 3.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 61.1 million
▲ 5% vs 2024
€ 97,400 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.
€ 105,125
▼ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 6.9 million
Loans from banks and other lenders, long and short.
€ 19.3 million
▼ 38% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 113 days on average.
€ 16 million
▲ 16% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 126,842,178 | € 122,100,686 | € 129,410,892 | € 130,112,473 | ▲ 1% |
| Profit after taxes | € 21,455,927 | € 15,665,939 | € 22,725,997 | € 10,776,600 | ▼ 53% |
| Equity | € 400,720,421 | € 400,736,360 | € 627,242,223 | € 397,242,823 | ▼ 37% |
| Total debts | € 123,701,779 | € 142,521,785 | € 116,808,209 | € 122,429,096 | ▲ 5% |
| Cash | € 553,102 | € 6,530 | € 8,969,233 | € 13,568,855 | ▲ 51% |
| Land & buildings | € 13,515 | € 12,363 | € 11,211 | € 10,059 | ▼ 10% |
| Retained profit | € 194,189,225 | € 194,205,164 | € 174,714,623 | € 174,715,223 | |
| Dividend | € 21,500,000 | € 15,650,000 | € 22,725,000 | € 10,776,000 | ▼ 53% |
| Bank debt | € 6,900,000 | € 6,900,000 | € 6,900,000 | € 6,900,000 | |
| Balance sheet total | € 525,289,288 | € 543,681,654 | € 745,641,594 | € 520,303,773 | ▼ 30% |
| Employees (FTE) | 611.3 | 652.3 | 630.3 | 626.7 | ▼ 3.6 |
Key figures of Veolia Environmental Services Belux, 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 Veolia Environmental Services Belux?
What happened at Veolia Environmental Services Belux in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Richard Kirkman stepped down as director. NBB
- Philippe TYCHON stepped down as director. NBB
- Franck Arlen stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 10.8 million (▼ 53% vs 2024). filed late Source: NBB ↗
- Richard Kirkman became a director. NBB
- Franck Arlen became a director. NBB
- New establishment in Oostende. KBO
- Philippe TYCHON became a director. NBB
In short
From € 21.5 million profit in 2022 to € 10.8 million profit in 2025.
Paid € 27.5 million in corporate taxes since 2022.
Best year ever: 2024, with € 22.7 million profit.
Paid out € 70.7 million in dividends to the owners in total.
Management
The stake of Veolia Waste Benelux comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Veolia Environmental Services BeluxThe shares are held by VIGIE Groupe SAS (100%) and Veolia Waste Benelux (8.7%). It owns 100% of VEOLIA RECYCLING NL B.V., 100% of Veolia Environmental Services BE, 100% of VEOLIA UNDERGROUND CONTAINERS BE, 100% of VEOLIA TREATMENT & RECYCLING BE, 100% of Sarpi EcoServices BE and 100% of SEDE BENELUX itself.
Directors
According to the 2025 annual accounts
Richard Kirkman
Director
since 2026 · until 2029
Philippe TYCHON
Chairman of the board
Also active at: Veolia Facilities BE, Veolia Environmental Services BE, Veolia Underground Containers BE, Recyc-Mattress Belgium, Container4Home, Veolia Treatment & Recycling BE, HORIZON NET
since 2023 · until 2029
Franck Arlen
Director
since 2025 · until 2029
Shareholders
VIGIE Groupe SAS
100%
8.7%
Participations
VEOLIA RECYCLING NL B.V.
100%
100%
100%
99.9%
93.1%
73.2%
50%
50%
50%
50%
50%
50%
45%
33.3%
27.5%
20%
15%
13.3%
Establishments
Establishment units
Physical locations of this company
Poincarélaan 78-79
1060 Sint-Gillis (bij-Brussel)
Rue de l'Avenir 22
4460 Grâce-Hollogne
Active since 6 December 2005
Vilvoordsesteenweg 218
1120 Brussel
Active since 19 October 2009
Rue de la Croisette(H) 11
7334 Saint-Ghislain
Active since 17 May 2010
Industriepark-West 54
9100 Sint-Niklaas
Active since 17 May 2010
Lilsedijk 53
2340 Beerse
Active since 1 July 2011
Hulsdonk 20
9042 Gent
Active since 1 June 2011
Zoning de Jumet,3ème rue 1
6040 Charleroi
Active since 1 October 2012
Rue de la Basse-Sambre, Boig. 8-10
5140 Sombreffe
Active since 1 October 2012
Steenbakkersdam 43-44
2340 Beerse
Active since 1 October 2012
Steenweg naar As(M) 2
3630 Maasmechelen
Active since 1 October 2012
Lodewijk de Raetlaan 9
8870 Izegem
Active since 1 October 2012
Schomhoeveweg 1
2030 Antwerpen
Active since 1 April 2015
Werkhuizenkaai 100
1000 Brussel
Active since 1 February 2016
Waterkeringstraat 10
9320 Aalst
Active since 1 July 2017
Geleenlaan 28/30/32
3600 Genk
Active since 1 July 2017
Leeuwerikweg 7
3300 Tienen
Active since 1 July 2017
Rue des Tonneliers(EST) 1
7730 Estaimpuis
Active since 1 July 2017
Zoning du Magenot, Ste-Marie x
6740 Etalle
Active since 1 July 2017
Pré Wigy 1
4040 Herstal
Active since 1 July 2017
Rue Trois Bourdons 25
4840 Welkenraedt
Active since 1 July 2017
Rue de la Station 49
4340 Awans
Active since 1 July 2017
Ch.de St-Ghislain 157A
7950 Chièvres
Active since 1 July 2017
't Walletje 104/202 box B
8300 Knokke-Heist
Active since 1 July 2017
Visbeekstraat 11 box G
2300 Turnhout
Active since 1 September 2019
Westvaartdijk 97
1850 Grimbergen
Active since 25 April 2019
Zwaaidok 2
8400 Oostende
Active since 1 September 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 14 companies are registered at this address.
All companies at this address →VEOLIA NV-SA
€ 216.2 million revenue · 2025
Veolia Environmental Services BE same network
€ 260.8 million revenue · 2025
Sarpi EcoServices BE same network
€ 64.1 million revenue · 2025
COWALEX
€ 445,893 revenue · 2025
Recyc-Mattress Belgium same network
€ 1.8 million revenue · 2025
+9 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0403.316.397
- VAT number
- BE 0403.316.397
- Registered office
- Poincarélaan 78-79, 1060 Sint-Gillis (bij-Brussel)
- Names & denominations
- Veolia Environmental Services Belux
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 January 1967
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Andere afvalverwijdering
Verzamelen, storten en verwerken van huisvuil, industrieel afval, landbouwafval en bouw- en sloopafval
Activiteiten van holdings
Overige verwerking en verwijdering van ongevaarlijk afval
Holdings