ACTIVE

Veolia Water Technologies & Solutions Belgium

Financial year 2025 · Closed on 31/12/2025

Net result4,6 M €-18,6 %over 1 year
Revenue97,6 M €-8,0 %over 1 year
Equity64,3 M €+1,9 %over 1 year
Workforce196,7 ETP+3,3 %over 1 year

Identity

Source · BCE/KBO

Veolia Water Technologies & Solutions Belgium is a Private limited company incorporated in 1970. Its main activity is: Manufacture of other inorganic basic chemicals. Its registered office is in Herentals. It employs on average 196,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0407.904.596
Incorporation
29/12/1970
Legal form
Private limited company
Registered office
Toekomstlaan(HRT) 54
2200 Herentals · FlandreSee on map
Contributed capital
57 811 656,06 €
Latest accounts
31/12/2025
Average workforce
196,7 ETP
Joint committees (1)
  • 207
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue97,6 M €106,1 M €96,1 M €120,6 M €107,8 M €
EBITDA4,7 M €6,9 M €5,4 M €10,2 M €7,4 M €
Operating result2,7 M €5 M €3,8 M €2,5 M €5,2 M €
Net result4,6 M €5,7 M €4,6 M €71,1 k €3,6 M €
Balance sheet
Equity64,3 M €63,1 M €57,4 M €52,8 M €52,7 M €
Total assets97,5 M €112,8 M €102,6 M €122,3 M €146,4 M €
Cash2,6 M €989 k €6,7 M €2,8 M €679,2 k €
Debts28,6 M €43,6 M €38,6 M €62,6 M €84,8 M €
Other
Workforce196,7 ETP190,4 ETP185,0 ETP182,1 ETP186,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 12 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Kris Matthysen
Directorsince 27/03/2018Manager27/03/2018 → 2019 accountsended
Geuns Peter
Directorsince 30/04/2009Manager30/04/2009 → 2019 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Ralph HADLEY
Manager04/10/2011 → 19/03/2018
Bradley BECKER
Manager01/03/2011 → 04/10/2011

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date03/07/202627/10/202511/10/202405/01/202413/10/202228/10/2021
General meeting30/06/202616/10/202504/10/202426/12/202311/10/202228/10/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202603/07/2026DutchPDF
Full model31/12/202416/10/202527/10/2025DutchPDF
Full model31/12/202304/10/202411/10/2024DutchPDF
Full model31/12/202226/12/202305/01/2024DutchPDF
Full model31/12/202111/10/202213/10/2022DutchPDF
Full model31/12/202028/10/202128/10/2021DutchPDF
Full model31/12/201901/07/202107/07/2021DutchPDF
Full model31/12/201830/12/201930/01/2020DutchPDF
Full model31/12/201731/08/201824/09/2018DutchPDF
Full model31/12/201619/07/201731/07/2017DutchPDF
Full model31/12/201516/06/201630/06/2016DutchPDF
Full model31/12/201423/06/201509/07/2015DutchPDF
Full model31/12/201303/06/201427/06/2014DutchPDF
Full model31/12/201207/06/201318/06/2013DutchPDF
Full model31/12/201106/06/201218/06/2012DutchPDF
Full model31/12/201017/06/201124/06/2011DutchPDF
Full model31/12/200930/06/201030/06/2010DutchPDF
Full model31/12/200826/06/200929/06/2009DutchPDF
Full model31/12/200727/06/200830/06/2008DutchPDF
Full modelCorrection31/12/200627/06/200701/10/2007DutchPDF
Full model31/12/200627/06/200727/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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

2 active · 12 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Kris Matthysen
Directorsince 27/03/2018Manager27/03/2018 → 2019 accountsended
Geuns Peter
Directorsince 30/04/2009Manager30/04/2009 → 2019 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Ralph HADLEY
Manager04/10/2011 → 19/03/2018
Bradley BECKER
Manager01/03/2011 → 04/10/2011

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates10/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other27/02/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING
    PDF
  • Mandates10/05/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/07/2021
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Mandates16/10/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/05/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other29/11/2017
    BENAMING
    PDF
  • Capital / shares26/01/2017
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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
Kris Matthysen
Geuns Peter
Ralph HADLEY
Bradley BECKER
Pieter Steenbeek
Rudy E J Van Baelen
Rudy Van Baelen
Hugo Maria Camille Calcoen
Andrew Craig Hobkirk
Sonia Michiels
Frederick Hendrickx
Gilbert Pelgrims
197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
Veolia Water Technologies & Solutions Belgium
Toekomstlaan(HRT) 54, 2200 Herentals
DirectorManager
DirectorManager
Manager
Manager
Manager
Manager
Manager
Manager
Manager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Toekomstlaan(HRT) 54, 2200 HerentalsCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00258609

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Veolia Water Technologies & Solutions BelgiumCurrent
accounts 2022 → 2025
Accounts 2025 · 2026-00258609
SUEZ WATER TECHNOLOGIES & SOLUTIONS BELGIUM
accounts 2021
Accounts 2021 · 2022-20458712

Events

  1. 2025
    Annual accounts 20254,6 M €↓
  2. 2024
    Annual accounts 20245,7 M €↑
  3. 2023
    Annual accounts 20234,6 M €↑
  4. 26/12/2023
    reconductionEY Bedrijfsrevisoren BV · commissaris
  5. 2022
    Annual accounts 202271,1 k €↓
  6. 2022
    Name changeVeolia Water Technologies & Solutions Belgium
  7. 2021
    Annual accounts 20213,6 M €↓
  8. 2020
    Annual accounts 20206,4 M €↑
  9. 2019
    Annual accounts 2019-37,1 M €↓
  10. 2018
    Annual accounts 20183,9 M €↓
  11. 2017
    Annual accounts 201710,9 M €↑
  12. 2016
    Annual accounts 2016238,1 k €↑
  13. 2015
    Annual accounts 201580,3 k €↓
  14. 2014
    Annual accounts 2014257,8 k €↑
  15. 2013
    Annual accounts 2013-8,6 k €↓
  16. 2012
    Annual accounts 201212,6 k €↓
  17. 2011
    Annual accounts 201179,2 k €↑
  18. 2010
    Annual accounts 2010-11,8 k €↑
  19. 2009
    Annual accounts 2009-129,2 k €↓
  20. 2008
    Annual accounts 2008-46,6 k €↑
  21. 2007
    Annual accounts 2007-269,2 k €↑
  22. 2006
    Annual accounts 2006-281,9 k €
  23. 29/12/1970
    IncorporationPrivate limited company