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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Shrinking team NBB
FTE fell two years in a row, from 584.6 to 525.3.
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Busy address KBO
14 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Veolia Environmental Services BE from Sint-Gillis (bij-Brussel), company number BE0428531449, closed financial year 2025 with a result of € 2.3 million after tax. For that financial year Veolia Environmental Services BE recorded revenue of € 260.8 million and equity of € 46.1 million. Compared with financial year 2024, the result moved from € -1.6 million to € 2.3 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.
€ 46.1 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.3 million
▲ still € 1.6 million loss in 2024
Profit after tax over the fiscal year.
€ 337
▼ 55% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 704,000 paid out
31 % of the profit went to the shareholders, mostly to VEOLIA ENVIRONMENTAL SERVICES BELUX SA (100 % of the shares). That is where the money ends up.
People and assets in 2025
525.3
▼ 15.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 31.6 million
▲ 2% vs 2024
€ 60,100 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.
€ 1.8 million
▲ 6% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 59 million
▲ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 99 days on average.
€ 6.8 million
▼ 10% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 285,903,782 | € 286,429,877 | € 261,386,973 | € 260,843,049 | |
| Profit after taxes | € 1,976,266 | € 4,616,319 | € -1,550,867 | € 2,292,177 | ▲ € 3.8 million |
| Equity | € 47,588,566 | € 47,819,884 | € 44,357,144 | € 46,064,022 | ▲ 4% |
| Total debts | € 66,694,483 | € 85,317,193 | € 61,167,935 | € 66,936,317 | ▲ 9% |
| Cash | € 877 | € 407 | € 750 | € 337 | ▼ 55% |
| Land & buildings | € 1,502,370 | € 1,694,662 | € 987,509 | € 1,088,462 | ▲ 10% |
| Retained profit | € 1,730,826 | € 1,962,144 | € 302,222 | € 1,890,399 | ▲ € 1.6 million |
| Dividend | € 1,295,532 | € 4,385,000 | € 0 | € 704,000 | |
| Balance sheet total | € 115,828,144 | € 134,199,127 | € 106,480,306 | € 113,623,411 | ▲ 7% |
| Employees (FTE) | 574.1 | 584.6 | 540.5 | 525.3 | ▼ 15.2 |
Key figures of Veolia Environmental Services BE, 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 BE?
What happened at Veolia Environmental Services BE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Philippe Tychon stepped down as director. NBB
- Steven Verbraecken stepped down as director. NBB
- Marc Das stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2.3 million. Source: NBB ↗
- New establishment in Ronse. KBO
- New establishment in Roeselare. KBO
- New establishment in Welkenraedt. KBO
- Marc Das became a director. NBB
In short
From € 2 million profit in 2022 to € 2.3 million profit in 2025.
Paid € 1.4 million in corporate taxes since 2022.
Best year ever: 2023, with € 4.6 million profit.
Paid out € 6.4 million in dividends to the owners in total.
Management
The shares are held by VEOLIA ENVIRONMENTAL SERVICES BELUX SA (100%). It owns 6.9% of Veolia Facilities BE, 0.3% of Veolia Environmental Services Brussels and 0.1% of CONTAINER4HOME SA itself.
Directors
According to the 2025 annual accounts
Philippe Tychon
Chairman of the board
Also active at: Veolia Environmental Services Belux, Veolia Facilities BE, Veolia Underground Containers BE, Recyc-Mattress Belgium, Container4Home, Veolia Treatment & Recycling BE, HORIZON NET
since 2019 · until 2031
since 2014 · until 2031
Marc Das
Director
Also active at: Veolia Environmental Services Wallonie, Veolia Treatment & Recycling BE, Slib-en Co - Verwerkings Centrale, Ecluse, E-Wood Energiecentrale, UPGRADE BIO-ENERGY, SVEX, Ecluse Tunnel
since 2021 · until 2027
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Poincarélaan 78-79
1060 Sint-Gillis (bij-Brussel)
Steenbakkersdam 43-44
2340 Beerse
Active since 20 June 2005
Hulsdonk 20
9042 Gent
Active since 20 June 2005
Geleenlaan 28/30/32
3600 Genk
Active since 1 December 2016
Lilsedijk 53
2340 Beerse
Active since 31 March 2011
Vilvoordsesteenweg 218
1120 Brussel
Active since 1 July 2011
Leeuwerikweg 7
3300 Tienen
Active since 1 July 2011
Grote Steenweg 50
2550 Kontich
Active since 1 July 2011
Schomhoeveweg 1
2030 Antwerpen
Active since 1 July 2011
Steenweg naar As(M) 2
3630 Maasmechelen
Active since 1 July 2011
Pathoekeweg 214
8000 Brugge
Active since 1 July 2011
Lodewijk de Raetlaan 9
8870 Izegem
Active since 1 July 2011
Waterkeringstraat 10
9320 Aalst
Active since 1 July 2011
Industriepark-West 54
9100 Sint-Niklaas
Active since 1 March 2014
Zwaaidok 2
8400 Oostende
Active since 12 October 2015
Hulsdonk 10
9042 Gent
Active since 5 December 2016
Hulsdonk 1
9042 Gent
Active since 5 December 2016
't Walletje 104/202 box B
8300 Knokke-Heist
Active since 1 January 2017
Rue de l'Avenir 22
4460 Grâce-Hollogne
Active since 1 April 2020
Rue Trois Bourdons 25
4840 Welkenraedt
Active since 1 January 2024
Graankaai 3
8800 Roeselare
Active since 1 August 2024
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 14 companies are registered at this address.
All companies at this address →Veolia Environmental Services Belux same network
€ 130.1 million revenue · 2025
VEOLIA NV-SA
€ 216.2 million revenue · 2025
Sarpi EcoServices BE
€ 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
- 0428.531.449
- VAT number
- BE 0428.531.449
- Registered office
- Poincarélaan 78-79, 1060 Sint-Gillis (bij-Brussel)
- Names & denominations
- Veolia Environmental Services BE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 February 1986
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- 0800/ 90 789
- Activities · NACE
Inzameling van gevaarlijk afval
Goederenvervoer over de weg
Sanering en ander afvalbeheer
Terugwinning van materialen uit afval
Andere afvalverwijdering
Storten of permanent opslaan
Inzameling van ongevaarlijk afval
Andere terugwinning uit afval
+10