ACTIVE

Veolia Environmental Services Wallonie

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Financial year 2025 · Closed on 31/12/2025

Net result-1,5 M €+64,5 %over 1 year

Revenue131,4 M €-0,9 %over 1 year

Equity10,9 M €-11,8 %over 1 year

Workforce508,4 ETP-2,4 %over 1 year

Identity

Source · BCE/KBO

Veolia Environmental Services Wallonie is a Public limited company incorporated in 1982. Its main activity is: Collection of hazardous waste. Its registered office is in Grâce-Hollogne. It employs on average 508,4 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0422.764.008
Incorporation: 01/06/1982
Legal form: Public limited company
Registered office: Rue de l'Avenir 22
4460 Grâce-Hollogne · WallonieSee on map
Contributed capital: 14 794 893,14 €
Latest accounts: 31/12/2025
Average workforce: 508,4 ETP

Activities (NACE)

38120Collection of hazardous waste· main 38120Collection of hazardous waste 38219Treatment and disposal of non-hazardous waste 38330Materials recovery 90021Support activities to performing arts 38110Collection of non-hazardous waste+6

Joint committees (5)

121
140
14203
14204
218

Signals

Positive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 16 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	131,4 M €	-0.9%	132,5 M €	-0.3%	132,9 M €	+5.9%	125,5 M €	+0.8%	124,5 M €
EBITDA	4,2 M €	+545%	644,2 k €	-90.2%	6,5 M €	-0.4%	6,6 M €	-29.6%	9,3 M €
Operating result	-584,9 k €	+81.7%	-3,2 M €	-234%	2,4 M €	-20.2%	3 M €	-47.1%	5,6 M €
Net result	-1,5 M €	+64.5%	-4,1 M €	-408%	1,3 M €	-65.3%	3,8 M €	-24.1%	5 M €
Balance sheet
Equity	10,9 M €	-11.8%	12,3 M €	-29.2%	17,4 M €	-0.1%	17,5 M €	-0.1%	17,5 M €
Total assets	54,2 M €	+1.8%	53,2 M €	-4.3%	55,6 M €	+7.6%	51,7 M €	+2.4%	50,5 M €
Cash	1,5 k €	-57.4%	3,6 k €	+140%	1,5 k €	-18.7%	1,8 k €	-64.0%	5,1 k €
Debts	40,9 M €	+6.8%	38,3 M €	+11.4%	34,4 M €	+9.9%	31,3 M €	+3.4%	30,3 M €
Other
Workforce	508,4 ETP	-2.4%	520,8 ETP	-5.5%	551,4 ETP	+8.6%	507,7 ETP	+10.6%	459,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Philippe TYCHON	Chairman of the board of directors11/06/2019 → 12/06/2029Director02/05/2006 → 2021 accountsended
Benoît REMACLE	Director01/08/2014 → 12/06/2029
Marc DAS	Director14/06/2022 → 08/06/2027
Steven VERBRAEKEN	Director08/06/2021 → 08/06/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Eric TRODOUX	Director25/06/2020 → 2022 accounts
Eric DEMUYNCK	Director12/06/2018 → 2019 accounts
Erik DE MUYNCK	Director12/06/2018 → 25/06/2020

Other companies at this address

Rue de l'Avenir 22 4460 Grâce-Hollogne

Company	CBE no.
RENEWI – VEOLIA gestion des déchets● Active	0687.972.104
VEOLIA - DEVEUX RECYPARCS● Active	0670.536.353
VEOLIA - VANHEEDE● Active	0667.946.057
VEOLIA WALLONIE – RECOL’TERRE● Active	0666.485.911

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	24/07/2026	03/07/2025	12/07/2024	24/07/2023	07/07/2022	30/06/2021
General meeting	09/06/2026	10/06/2025	11/06/2024	13/06/2023	14/06/2022	08/06/2021
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

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	09/06/2026	24/07/2026	French	PDF
Full model	31/12/2024	10/06/2025	03/07/2025	French	PDF
Full model	31/12/2023	11/06/2024	12/07/2024	French	PDF
Full model	31/12/2022	13/06/2023	24/07/2023	French	PDF
Full model	31/12/2021	14/06/2022	07/07/2022	French	PDF
Full model	31/12/2020	08/06/2021	30/06/2021	French	PDF
Full model	31/12/2019	25/06/2020	07/07/2020	French	PDF
Full model	31/12/2018	11/06/2019	05/07/2019	French	PDF
Full model	31/12/2017	26/06/2018	11/07/2018	French	PDF
Full model	31/12/2016	13/06/2017	31/07/2017	French	PDF
Full model	31/12/2015	29/06/2016	07/07/2016	French	PDF
Full model	31/12/2014	30/06/2015	28/07/2015	French	PDF
Full model	31/12/2013	10/06/2014	29/07/2014	French	PDF
Full model	31/12/2012	11/06/2013	27/06/2013	French	PDF
Full model	31/12/2011	12/06/2012	14/06/2012	French	PDF
Full model	31/12/2010	14/06/2011	12/07/2011	French	PDF
Full model	31/12/2009	08/06/2010	11/06/2010	French	PDF
Full model	31/12/2008	09/06/2009	06/07/2009	French	PDF
Full model	31/12/2007	10/06/2008	19/06/2008	French	PDF
Full model	31/12/2006	12/06/2007	28/06/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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

4 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Philippe TYCHON	Chairman of the board of directors11/06/2019 → 12/06/2029Director02/05/2006 → 2021 accountsended
Benoît REMACLE	Director01/08/2014 → 12/06/2029
Marc DAS	Director14/06/2022 → 08/06/2027
Steven VERBRAEKEN	Director08/06/2021 → 08/06/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Eric TRODOUX	Director25/06/2020 → 2022 accounts
Eric DEMUYNCK	Director12/06/2018 → 2019 accounts
Erik DE MUYNCK	Director12/06/2018 → 25/06/2020

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates16/09/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates08/04/2025
DEMISSIONS, NOMINATIONS
PDF
Restructuring06/02/2025
CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates29/08/2024
DEMISSIONS, NOMINATIONS
PDF
Capital / shares01/07/2024
CAPITAL, ACTIONS
PDF
Restructuring30/01/2024
CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring21/11/2023
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring17/11/2023
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
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

Filings16 filings

Mandates

Philippe TYCHON

Benoît REMACLE

Marc DAS

Steven VERBRAEKEN

Eric TRODOUX

Eric DEMUYNCK

Erik DE MUYNCK

Mathieu BERTHOUD

Jean-Pierre DEVEUX

Ellen JONCHEERE

198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029

Veolia Environmental Services WallonieSUEZ R&R BE WallonieSITA WALLONIE

Rue de l'Avenir 22, 4460 Grâce-Hollogne

Chairman of the board of directorsDirector

Director

Chairman of the board of directors

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue de l'Avenir 22, 4460 Grâce-HollogneCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00344594

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Veolia Environmental Services WallonieCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00344594
SUEZ R&R BE Wallonie	accounts 2015 → 2020	Accounts 2020 · 2021-28400321
SITA WALLONIE	accounts 2010 → 2014	Accounts 2014 · 2015-37100266

Events

2025
Annual accounts 2025-1,5 M €↑
10/06/2025
reconductionPhilippe Tychon · administrateur-président
31/12/2024
reduction_capital
2024
Annual accounts 2024-4,1 M €↓
20/12/2024
nominationEmilie Van Callemont · Commissaire
01/01/2024
apport
01/01/2024
reduction_capital
01/01/2024
augmentation_capital
2023
Annual accounts 20231,3 M €↓
13/06/2023
reconductionBenoît Remacle · administrateur
2022
Annual accounts 20223,8 M €↓
14/06/2022
nominationMarc Das · administrateur
2021
Annual accounts 20215 M €↑
2021
Name changeVeolia Environmental Services Wallonie
2020
Annual accounts 2020257,9 k €↓
2019
Annual accounts 20191,1 M €↓
2018
Annual accounts 20181,4 M €↑
2017
Annual accounts 2017-326,9 k €↑
2016
Annual accounts 2016-4,7 M €↓
2015
Annual accounts 2015941 k €↓
2015
Name changeSUEZ R&R BE Wallonie
2014
Annual accounts 20144,1 M €↑
2013
Annual accounts 20132,3 M €↓
2012
Annual accounts 20126,7 M €↑
2011
Annual accounts 20112,5 M €↓
2010
Annual accounts 20103,7 M €
01/06/1982
IncorporationPublic limited company

Veolia Environmental Services Wallonie

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