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 19 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Veolia WTS Belgium from Herstal, company number BE0404407846, closed financial year 2025 with a result of € 1.6 million after tax. For that financial year Veolia WTS Belgium recorded revenue of € 12.5 million and equity of € 3 million. Compared with financial year 2024, the result moved from € -2.3 million to € 1.6 million. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.
€ 3 million
▲ 108% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.6 million
▲ still € 2.3 million loss in 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -8 million.
People and assets in 2025
47
▲ 6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 6.9 million
▲ 15% vs 2024
€ 146,600 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.
€ 50,789
▼ 83% vs 2024
Of which on lease € 46,896.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4 million
▲ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 200 days on average.
€ 1.9 million
▲ 53% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 15,345,611 | € 15,040,964 | € 10,515,948 | € 12,466,114 | ▲ 19% |
| Profit after taxes | € 703,206 | € -909,195 | € -2,306,860 | € 1,581,931 | ▲ € 3.9 million |
| Equity | € 4,678,038 | € 3,768,843 | € 1,461,983 | € 3,043,914 | ▲ 108% |
| Total debts | € 30,565,318 | € 30,484,526 | € 34,597,012 | € 34,342,312 | ▼ 1% |
| Cash | € 5,637 | € 4,309 | € 3,496 | - | |
| Land & buildings | € 138,557 | € 117,072 | € 95,586 | € 374,600 | ▲ 292% |
| Retained profit | € -6,321,962 | € -7,231,157 | € -9,538,017 | € -7,956,086 | ▲ € 1.6 million |
| Bank debt | € 120,319 | € 85,353 | € 47,673 | € 0 | ▼ 100% |
| Balance sheet total | € 35,398,581 | € 34,559,843 | € 36,125,124 | € 37,436,472 | ▲ 4% |
| Employees (FTE) | 42.1 | 41 | 41 | 47 | ▲ 6 |
Key figures of Veolia WTS Belgium, 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 WTS Belgium?
What happened at Veolia WTS Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Christophe AUNOBLE stepped down as director. NBB
- Thierry JANSSEN stepped down as director. NBB
- Hilde VAN HERZEELE stepped down as director. NBB
- Peter GEUNS stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.6 million. Source: NBB ↗
- Christophe AUNOBLE became a director. NBB
- Thierry JANSSEN became a director. NBB
- Hilde VAN HERZEELE became a director. NBB
In short
From € 703,206 profit in 2022 to € 1.6 million profit in 2025.
Paid € 146,784 in corporate taxes since 2022.
Best year ever: 2025, with € 1.6 million profit.
Pays suppliers within 200 days on average.
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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
The shares are held by VEOLIA WATER TECHNOLOGIES & SOLUTIONS EAU INDUSTRIELLE (100%). It owns 100% of Veolia Water Technologies & Solutions Belgium itself.
Directors
According to the 2025 annual accounts
Christophe AUNOBLE
Director
since 2025 · until 2031
Thierry JANSSEN
Director
since 2025 · until 2031
Hilde VAN HERZEELE
Chairman of the board, Director
since 2025 · until 2031
since 2025 · until 2031
Shareholders
VEOLIA WATER TECHNOLOGIES & SOLUTIONS EAU INDUSTRIELLE
100%
Participations
Establishments
Establishment units
Physical locations of this company
Rue de Hermée 175
4040 Herstal
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0404.407.846
- VAT number
- BE 0404.407.846
- Registered office
- Rue de Hermée 175, 4040 Herstal
- Names & denominations
- Veolia WTS Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 September 1947
- Peppol
- Active · Active since 20 Nov 2020
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