ACTIVE

Veolia Environmental Services Belux

Export PDF

Financial year 2025 · Closed on 31/12/2025

Net result10,8 M €-52,6 %over 1 year

Revenue130,1 M €+0,5 %over 1 year

Equity397,2 M €-36,7 %over 1 year

Workforce626,7 ETP-0,6 %over 1 year

Identity

Source · BCE/KBO

Veolia Environmental Services Belux is a Public limited company incorporated in 1967. Its main activity is: Treatment and disposal of non-hazardous waste. Its registered office is in Saint-Gilles. It employs on average 626,7 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0403.316.397
Incorporation: 09/01/1967
Legal form: Public limited company
Registered office: Boulevard Poincaré 78-79
1060 Saint-Gilles · BruxellesSee on map
Contributed capital: 222 527 600,39 €
Latest accounts: 31/12/2025
Average workforce: 626,7 ETP

Activities (NACE)

38219Treatment and disposal of non-hazardous waste· main 38330Materials recovery 64200Activities of holding companies 64210Activities of holding companies 90021Support activities to performing arts 38219Treatment and disposal of non-hazardous waste+1

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 40 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	130,1 M €	+0.5%	129,4 M €	+6.0%	122,1 M €	-3.7%	126,8 M €	+13.4%	111,8 M €
EBITDA	5,6 M €	-68.8%	18 M €	-33.3%	26,9 M €	+22.7%	21,9 M €	+58.1%	13,9 M €
Operating result	5,9 M €	-63.2%	15,9 M €	-38.8%	26 M €	+27.1%	20,4 M €	+91.6%	10,7 M €
Net result	10,8 M €	-52.6%	22,7 M €	+45.1%	15,7 M €	-27.0%	21,5 M €	+104%	10,5 M €
Balance sheet
Equity	397,2 M €	-36.7%	627,2 M €	+56.5%	400,7 M €	+0.0%	400,7 M €	-0.0%	400,8 M €
Total assets	520,3 M €	-30.2%	745,6 M €	+37.1%	543,7 M €	+3.5%	525,3 M €	+5.6%	497,6 M €
Cash	13,6 M €	+51.3%	9 M €	+137257%	6,5 k €	-98.8%	553,1 k €	+259%	154,1 k €
Debts	121,8 M €	+5.0%	116 M €	-18.2%	141,8 M €	+15.4%	122,9 M €	+31.5%	93,5 M €
Other
Workforce	626,7 ETP	-0.6%	630,3 ETP	-3.4%	652,3 ETP	+6.7%	611,3 ETP	+0.6%	607,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 17 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Richard Kirkman	Director02/04/2026 → 26/06/2029
Franck Arlen	Director24/06/2025 → 26/06/2029
Philippe TYCHON	Chairman of the board of directors27/06/2017 → 26/06/2029Director20/01/2014 → 23/06/2023ended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Gavin GRAVESON	Director25/06/2024 → 26/06/2029
Eric TRODOUX	Director28/06/2022 → 23/06/2026
Nicolas GERMOND	Director28/06/2022 → 23/06/2026
David Palmer Jones	Director23/06/2020 → 31/12/2021

Other companies at this address

Boulevard Poincaré 78-79 1060 Saint-Gilles

Company	CBE no.
Container4Home● Active	0450.462.060
COWALEX● Active	0437.022.414
ENERGY CLUSTER● Active	0480.283.919
Flexcity Belgium● Active	0880.270.050
GREEN BELGIAN ENVIRONMENTAL SOLUTIONS 2● Active	0737.775.763
Recyc-Mattress Belgium● Active	0443.153.903
Sarpi EcoServices BE● Active	0434.550.496
Société Simple Veolia - Equans Services● Active	0537.085.238
VAT Group VEOLIA ES Belux● Active	0837.423.962
VEOLIA-BESIX Environment Malmedy● Active	1008.670.039
VEOLIA ECOTEAM WASTE BE● Active	0846.189.594
Veolia Environmental Services BE● Active	0428.531.449
VEOLIA NV-SA● Active	0406.129.003
Veolia Treatment & Recycling BE● Active	0459.711.605

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	24/08/2026	11/07/2025	12/07/2024	24/07/2023	06/07/2022	24/06/2021
General meeting	26/06/2026	24/06/2025	25/06/2024	27/06/2023	28/06/2022	22/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 40 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	26/06/2026	24/08/2026	French	PDF
Full model	31/12/2025	26/06/2026	24/08/2026	Dutch	PDF
Full model	31/12/2024	24/06/2025	11/07/2025	Dutch	PDF
Full model	31/12/2024	24/06/2025	03/07/2025	French	PDF
Full model	31/12/2023	25/06/2024	12/07/2024	Dutch	PDF
Full model	31/12/2023	25/06/2024	12/07/2024	French	PDF
Full model	31/12/2022	27/06/2023	24/07/2023	Dutch	PDF
Full model	31/12/2022	27/06/2023	24/07/2023	French	PDF
Full model	31/12/2021	28/06/2022	06/07/2022	French	PDF
Full model	31/12/2021	28/06/2022	06/07/2022	Dutch	PDF
Full model	31/12/2020	22/06/2021	24/06/2021	Dutch	PDF
Full model	31/12/2020	22/06/2021	24/06/2021	French	PDF
Full model	31/12/2019	25/06/2020	08/07/2020	French	PDF
Full model	31/12/2019	25/06/2020	08/07/2020	Dutch	PDF
Full model	31/12/2018	25/06/2019	08/07/2019	Dutch	PDF
Full model	31/12/2018	25/06/2019	08/07/2019	French	PDF
Full model	31/12/2017	26/06/2018	11/07/2018	Dutch	PDF
Full model	31/12/2017	26/06/2018	11/07/2018	French	PDF
Full model	31/12/2016	30/06/2017	01/08/2017	Dutch	PDF
Full model	31/12/2016	30/06/2017	31/07/2017	French	PDF
Full model	31/12/2015	28/06/2016	06/07/2016	Dutch	PDF
Full model	31/12/2015	28/06/2016	06/07/2016	French	PDF
Full model	31/12/2014	23/06/2015	29/07/2015	Dutch	PDF
Full model	31/12/2014	23/06/2015	28/07/2015	French	PDF
Full model	31/12/2013	24/06/2014	29/07/2014	Dutch	PDF
Full model	31/12/2013	24/06/2014	29/07/2014	French	PDF
Full model	31/12/2012	25/06/2013	04/07/2013	Dutch	PDF
Full model	31/12/2012	25/06/2013	04/07/2013	French	PDF
Full model	31/12/2011	26/06/2012	06/07/2012	Dutch	PDF
Full model	31/12/2011	26/06/2012	06/07/2012	French	PDF
Full model	31/12/2010	28/06/2011	04/08/2011	Dutch	PDF
Full model	31/12/2010	28/06/2011	28/07/2011	French	PDF
Full model	31/12/2009	08/07/2010	13/08/2010	Dutch	PDF
Full model	31/12/2009	08/07/2010	06/08/2010	French	PDF
Full model	31/12/2008	03/07/2009	09/07/2009	Dutch	PDF
Full model	31/12/2008	03/07/2009	09/07/2009	French	PDF
Full model	31/12/2007	24/06/2008	17/07/2008	French	PDF
Full model	31/12/2007	24/06/2008	17/07/2008	Dutch	PDF
Full model	31/12/2006	26/06/2007	31/07/2007	Dutch	PDF
Full model	31/12/2006	26/06/2007	19/07/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 17 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Richard Kirkman	Director02/04/2026 → 26/06/2029
Franck Arlen	Director24/06/2025 → 26/06/2029
Philippe TYCHON	Chairman of the board of directors27/06/2017 → 26/06/2029Director20/01/2014 → 23/06/2023ended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Gavin GRAVESON	Director25/06/2024 → 26/06/2029
Eric TRODOUX	Director28/06/2022 → 23/06/2026
Nicolas GERMOND	Director28/06/2022 → 23/06/2026
David Palmer Jones	Director23/06/2020 → 31/12/2021

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates26/05/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/05/2026
DEMISSIONS, NOMINATIONS
PDF
Capital / shares22/10/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Capital / shares22/10/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
PDF
Mandates12/08/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/08/2025
DEMISSIONS, NOMINATIONS
PDF
Other01/04/2025
DIVERSEN
PDF
Mandates01/04/2025
DEMISSIONS, NOMINATIONS
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

Richard Kirkman

Franck Arlen

Philippe TYCHON

Gavin GRAVESON

Nicolas GERMOND

Eric TRODOUX

David Palmer Jones

Jean Marc BOURSIER

Jean-Marc Boursier

Erik DE MUYNCK

Eric De Muynck

Eric DE MYUNCK

and 8 more mandates

196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029

Veolia Environmental Services BeluxSUEZ R&R BelgiumSITA BELGIUM

Boulevard Poincaré 78-79, 1060 Saint-Gilles

Director

Chairman of the board of directorsDirector

Director

Chairman of the board of directors

Chairman of the board of directorsDirector

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Boulevard Poincaré 78-79, 1060 Saint-GillesCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00431608
Avenue Charles-Quint 584 bte 7, 1082 Berchem-Sainte-Agathe	accounts 2021	Accounts 2021 · 2022-20172801

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Veolia Environmental Services BeluxCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00431608
SUEZ R&R Belgium	accounts 2015 → 2020	Accounts 2020 · 2021-26000520
SITA BELGIUM	accounts 2006 → 2014	Accounts 2014 · 2015-37300422

Events

27/03/2026
nominationRichard Kirkman · bestuurder
27/03/2026
nominationRichard Kirkman · administrateur
2025
Annual accounts 202510,8 M €↓
20/10/2025
reduction_capital
24/06/2025
nominationFranck Arlen · administrateur
24/06/2025
nominationDeloitte Réviseurs d'Entreprises SRL · commissaire
17/02/2025
nominationVincent MOON · Directeur van Circpack
2024
Annual accounts 202422,7 M €↑
25/06/2024
nominationGavin Graveson · administrateur
25/06/2024
nominationGavin Graveson · bestuurder
01/04/2024
reduction_capital
29/03/2024
augmentation_capital
2023
Annual accounts 202315,7 M €↓
27/06/2023
reconductionPhilippe Tychon · bestuurder
27/06/2023
nominationPhilippe Tychon · Voorzitter van de Raad van Bestuur
27/06/2023
reconductionPhilippe Tychon · administrateur
27/06/2023
nominationPhilippe Tychon · Président du Conseil d'Administration
2022
Annual accounts 202221,5 M €↑
15/09/2022
nominationKPMG Bedrijfsrevisoren BV · commissaris
01/07/2022
nominationEmilie Van Callemont · commissaire
28/06/2022
nominationNicolas Germond · bestuurder
28/06/2022
nominationNicolas Germond · administrateur
2021
Annual accounts 202110,5 M €↑
2021
Name changeVeolia Environmental Services Belux
2020
Annual accounts 20204,9 M €↓
2019
Annual accounts 20196,9 M €↓
2018
Annual accounts 20189,5 M €↑
2017
Annual accounts 20175,5 M €↓
2016
Annual accounts 201613 M €↓
2015
Annual accounts 201520,8 M €↑
2015
Name changeSUEZ R&R Belgium
2014
Annual accounts 2014-6,5 M €↓
2013
Annual accounts 201360,2 M €↑
2012
Annual accounts 201222,9 M €↓
2011
Annual accounts 201129,7 M €↓
2010
Annual accounts 201034,9 M €↑
2009
Annual accounts 200932,5 M €↑
2008
Annual accounts 200818,7 M €↑
2007
Annual accounts 200714,7 M €↑
2006
Annual accounts 200611,7 M €
09/01/1967
IncorporationPublic limited company

Veolia Environmental Services Belux

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events