Warning lights
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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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
Veolia Environmental Services Wallonie from Grâce-Hollogne, company number BE0422764008, closed financial year 2025 with a result of € -1.5 million after tax. For that financial year Veolia Environmental Services Wallonie recorded revenue of € 131.4 million and equity of € 10.9 million. Compared with financial year 2024, the result moved from € -4.1 million to € -1.5 million. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.
€ 10.9 million
▼ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.5 million
▲ 64 % less loss than in 2024
Profit after tax over the fiscal year.
€ 1,529
▼ 57% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.9 million.
People and assets in 2025
508.4
▼ 12.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 25.7 million
▼ 1% vs 2024
€ 50,600 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.
€ 1.4 million
▲ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 10.7 million
▼ 7% vs 2024
Loans from banks and other lenders, long and short.
€ 25 million
▲ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 92 days on average.
€ 5.1 million
▲ 1% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 125,484,041 | € 132,895,866 | € 132,545,637 | € 131,357,399 | ▼ 1% |
| Profit after taxes | € 3,831,242 | € 1,328,134 | € -4,084,629 | € -1,451,721 | ▲ € 2.6 million |
| Equity | € 17,456,581 | € 17,445,048 | € 12,345,355 | € 10,889,524 | ▼ 12% |
| Total debts | € 31,461,963 | € 34,478,269 | € 38,423,137 | € 40,975,433 | ▲ 7% |
| Cash | € 1,837 | € 1,493 | € 3,586 | € 1,529 | ▼ 57% |
| Land & buildings | € 9,764,850 | € 10,154,508 | € 8,605,463 | € 9,421,187 | ▲ 9% |
| Retained profit | € 1,732,067 | € 1,732,202 | € -2,453,648 | € -3,905,369 | ▼ € 1.5 million |
| Dividend | € 3,831,242 | € 1,328,000 | € 0 | € 0 | |
| Bank debt | € 0 | € 2,714,461 | € 11,618,908 | € 10,748,269 | ▼ 7% |
| Balance sheet total | € 51,679,067 | € 55,582,353 | € 53,183,501 | € 54,153,057 | ▲ 2% |
| Employees (FTE) | 507.7 | 551.4 | 520.8 | 508.4 | ▼ 12.4 |
Key figures of Veolia Environmental Services Wallonie, 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 Wallonie?
What happened at Veolia Environmental Services Wallonie in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Benoît REMACLE stepped down as director. NBB
- Philippe TYCHON stepped down as director. NBB
- Steven VERBRAEKEN stepped down as director. NBB
- Marc DAS stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1.5 million. Source: NBB ↗
- New establishment in Ronse. KBO
- Philippe TYCHON became a director. NBB
- Benoît REMACLE became a director. NBB
In short
From € 3.8 million profit in 2022 to € 1.5 million loss in 2025.
Paid € 1.3 million in corporate taxes since 2022.
Best year ever: 2022, with € 3.8 million profit.
Paid out € 5.2 million in dividends to the owners in total.
Management
The shares are held by VEOLIA ENVIRONMENTAL SERVICES BELUX SA (100%) and VEOLIA TREATMENT & RECYCLING SA (0%).
Directors
According to the 2025 annual accounts
since 2023 · until 2029
Steven VERBRAEKEN
Director
Also active at: Veolia Underground Containers BE, Veolia Environmental Services Brussels, Container4Home
since 2021 · until 2027
Philippe TYCHON
Chairman of the board
Also active at: VEOLIA NV-SA, Relaitron, SOCIETE DE GESTION DE LA CITE ADMINISTRATIVE DE L'ETAT A BRUXELLES, HYDRO CLEANING INTERNATIONAL, NOMOS, Denuo, Sede Benelux, VALIPAC +7 more
since 2025 · until 2029
Marc DAS
Director
Also active at: Veolia Environmental Services BE, Veolia Treatment & Recycling BE, Slib-en Co - Verwerkings Centrale, Ecluse, E-Wood Energiecentrale, UPGRADE BIO-ENERGY, SVEX, Ecluse Tunnel
since 2022 · until 2027
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de l'Avenir 22
4460 Grâce-Hollogne
Rue de la Station 49
4340 Awans
Active since 17 December 1999
Rue Trois Bourdons 25
4840 Welkenraedt
Active since 20 January 2003
Ch.de St-Ghislain 157 box A
7950 Chièvres
Active since 1 July 1982
Rue des Tonneliers(EST) 1
7730 Estaimpuis
Active since 1 July 1982
Zoning du Magenot, Ste-Marie -
6740 Etalle
Active since 1 July 1982
Pré Wigy 1
4040 Herstal
Active since 1 July 1982
Zoning de Jumet,3ème rue -
6040 Charleroi
Active since 1 July 1982
Rue de la Basse-Sambre, Boig. 8 box 10
5140 Sombreffe
Active since 1 July 1982
Zone d'activités Nord, Bail. 85
5377 Somme-Leuze
Active since 24 November 2005
Klein Frankrijkstraat 16
9600 Ronse
Active since 1 September 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
Details
- Company number
- 0422.764.008
- VAT number
- BE 0422.764.008
- Registered office
- Rue de l'Avenir 22, 4460 Grâce-Hollogne
- Names & denominations
- Veolia Environmental Services Wallonie
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 June 1982
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Andere afvalverwijdering
Verzamelen, storten en verwerken van huisvuil, industrieel afval, landbouwafval en bouw- en sloopafval
Inzameling van gevaarlijk afval
Overige verwerking en verwijdering van ongevaarlijk afval
Goederenvervoer over de weg
Storten of permanent opslaan
Inzameling van ongevaarlijk afval
Behandeling en verwijdering van gevaarlijk afval