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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Tight liquidity NBB
Cash and receivables cover 33 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FILAO from Charleroi, company number BE0770352917, closed financial year 2025 with a result of € 456,574 after tax. For that financial year FILAO recorded revenue of € 44.7 million and equity of € 4 million. Compared with financial year 2024, the result moved from € -1.8 million to € 456,574. 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 July 31, 2026.
€ 4 million
▲ € 3.2 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 456,574
▲ still € 1.8 million loss in 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -6.3 million.
People and assets in 2025
41
▲ 1.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.5 million
▲ 2% vs 2024
€ 60,800 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.
€ 268,995
▼ 15% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 20.1 million
▼ 15% vs 2024
€ 3.3 million is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 9.2 million
▼ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 92 days on average.
€ 249,953
▼ 7% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 44,667,008 | |
| Gross margin | € -1,000,595 | € -653,367 | € 6,668,688 | - | |
| Profit after taxes | € -1,284,782 | € -5,666,212 | € -1,804,480 | € 456,574 | ▲ € 2.3 million |
| Equity | € 9,035,218 | € 2,839,110 | € 750,342 | € 3,976,941 | ▲ € 3.2 million |
| Total debts | € 33,569,857 | € 52,327,809 | € 50,459,154 | € 43,650,734 | ▼ 13% |
| Cash | € 8,231,445 | € 2,681,566 | € 1,664,515 | - | |
| Land & buildings | - | € 21,161,286 | € 19,953,571 | € 18,169,477 | ▼ 9% |
| Retained profit | € -1,284,782 | € -6,950,994 | € -8,755,474 | € -6,299,588 | ▲ € 2.5 million |
| Bank debt | € 29,780,000 | € 26,845,518 | € 23,609,726 | € 20,072,361 | ▼ 15% |
| Balance sheet total | € 42,605,075 | € 55,166,919 | € 51,209,495 | € 47,627,675 | ▼ 7% |
| Employees (FTE) | 7 | 27.7 | 39.5 | 41 | ▲ 1.5 |
Key figures of FILAO, 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 FILAO?
What happened at FILAO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Damien COLETTE stepped down as director. NBB
- Franck ARLEN stepped down as director. NBB
- Sébastien BOIE stepped down as director. NBB
- Philippe TYCHON stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 456,574. Source: NBB ↗
- Franck ARLEN became a director. NBB
- Nicolas GERMOND stepped down as director. NBB
- Nicolas GERMOND became a director. NBB
In short
From € 1.3 million loss in 2022 to € 456,574 profit in 2025.
Paid € 2,158 in corporate taxes since 2022.
Best year ever: 2025, with € 456,574 profit.
On average € 168,800 of value added per employee in 2024.
Management
The shares are held by ROXANE NORD SAS S. Etr. (55%) and Veolia Environmental Services Belux SA (45%).
Directors
According to the 2025 annual accounts
Damien COLETTE
Director
since 2021 · until 2027
Franck ARLEN
Director
Also active at: VEOLIA NV-SA, Relaitron, COWALEX, Sede Benelux, AQUIRIS, ENERGY CLUSTER, Flexcity Belgium
since 2025 · until 2027
Nicolas GERMOND
Director
Also active at: Veolia Environmental Services Belux, VEOLIA NV-SA, Relaitron, SANIVEST, HYDRO CLEANING INTERNATIONAL, NOMOS, COWALEX, Jacobs +8 more
since 2024 · until 2025
Sébastien BOIE
Director
since 2021 · until 2027
Philippe TYCHON
Director
Also active at: VEOLIA NV-SA, Relaitron, Veolia Environmental Services Wallonie, SOCIETE DE GESTION DE LA CITE ADMINISTRATIVE DE L'ETAT A BRUXELLES, HYDRO CLEANING INTERNATIONAL, NOMOS, Denuo, Sede Benelux +7 more
since 2021 · until 2027
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue du Déversoir 1 box E
6010 Charleroi
Rue du Déversoir 1
6010 Charleroi
Active since 2 May 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0770.352.917
- VAT number
- BE 0770.352.917
- Registered office
- Rue du Déversoir 1 bus E, 6010 Charleroi
- Names & denominations
- FILAO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 June 2021
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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