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 Environmental Services Brussels from Brussel, company number BE0441051377, closed financial year 2025 with a result of € 130,696 after tax. For that financial year Veolia Environmental Services Brussels recorded revenue of € 5.5 million and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 112,135 to € 130,696. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.
€ 1.1 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 130,696
▲ 17% vs 2024
Profit after tax over the fiscal year.
€ 130,000 paid out
99 % 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
22.7
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
€ 54,600 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.
€ 10,619
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.4 million
▲ 260% vs 2024
Loans from banks and other lenders, long and short.
€ 2.2 million
▲ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 221 days on average.
€ 289,924
▼ 35% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 4,414,338 | € 5,518,824 | € 5,736,861 | € 5,549,648 | ▼ 3% |
| Profit after taxes | € 255,535 | € 148,315 | € 112,135 | € 130,696 | ▲ 17% |
| Equity | € 1,095,039 | € 1,095,354 | € 1,095,489 | € 1,096,184 | |
| Total debts | € 2,564,002 | € 3,248,460 | € 2,601,150 | € 4,012,514 | ▲ 54% |
| Cash | € 202 | - | € 0 | - | |
| Land & buildings | € 1,107,018 | € 1,508,012 | € 1,698,085 | € 2,174,764 | ▲ 28% |
| Retained profit | € 583,362 | € 583,678 | € 583,812 | € 584,508 | |
| Dividend | € 200,000 | € 148,000 | € 112,000 | € 130,000 | ▲ 16% |
| Bank debt | € 1,096,218 | € 1,485,950 | € 375,840 | € 1,353,999 | ▲ 260% |
| Balance sheet total | € 3,659,041 | € 4,343,814 | € 3,696,639 | € 5,108,698 | ▲ 38% |
| Employees (FTE) | 24 | 24.2 | 22.8 | 22.7 | ▼ 0.1 |
Key figures of Veolia Environmental Services Brussels, 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 Brussels?
What happened at Veolia Environmental Services Brussels in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jérôme Waterkeyn stepped down as director. NBB
- Steven Verbraeken stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 130,696 (▲ 17% vs 2024). Source: NBB ↗
- Jérôme Waterkeyn became a director. NBB
- Steven Verbraeken became a director. NBB
- New establishment in Tienen. KBO
- New establishment in Brussel. KBO
- New establishment in Brussel. KBO
In short
From € 255,535 profit in 2022 to € 130,696 profit in 2025.
Paid € 218,385 in corporate taxes since 2022.
Best year ever: 2022, with € 255,535 profit.
Paid out € 590,000 in dividends to the owners in total.
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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 Environmental Services Belux SA (99.8%) and Veolia Environmental Services BE SA (0.3%).
Directors
According to the 2025 annual accounts
Jérôme Waterkeyn
Director
Also active at: SANIVEST, Veolia Facilities BE, HYDRO CLEANING INTERNATIONAL, Jacobs, Veolia Treatment & Recycling BE, SOTRADIA, WIPS, HCO +1 more
since 2024 · until 2029
Steven Verbraeken
Chairman of the board
Also active at: Veolia Environmental Services Wallonie, Veolia Underground Containers BE, Container4Home
since 2024 · until 2029
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vilvoordsesteenweg 218
1120 Brussel
Werkhuizenkaai 100
1000 Brussel
Active since 10 August 1990
Leeuwerikweg 7
3300 Tienen
Active since 1 January 2008
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0441.051.377
- VAT number
- BE 0441.051.377
- Registered office
- Vilvoordsesteenweg 218, 1120 Brussel
- Names & denominations
- Veolia Environmental Services Brussels
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 July 1990
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Terugwinning van materialen uit afval
Andere afvalverwijdering
Overige activiteiten i.v.m. de organisatie van het vrachtvervoer
Behandeling en verwijdering van ongevaarlijk afval, m.u.v. slib en vloeibare afvalstoffen
Overige verwerking en verwijdering van ongevaarlijk afval
Logistieke diensten
Overige vervoerondersteunende activiteiten